CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)

[acoindr]

Hey all,

Theft is not all Bitcoin:

Feds arrest, charge CEO of Iowa-based brokerage firm that is missing $200M in customer funds

http://finance.yahoo.com/news/ceo-troubled-iowa-brokerage-arrested-174838082.html

[Mistafreeze]

He tried to kill himself about 3 miles away from me. Kind of a weird story to have happen around here  

At least 4 people I know are out of work because of this.

[hazek]

He tried to kill himself

Do you maybe know how?

[Phinnaeus Gage]

He tried to kill himself

Do you maybe know how?

Death by Bitcoinica Chocolate.

I don't see how he could have been arrested, let alone a police report filed.

Got a fresh cup of coffee and headin' back to that other thread.

~Bruno~

[Mistafreeze]

He tried to kill himself

Do you maybe know how?

Wasendorf had been hospitalized at University of Iowa Hospitals and Clinics after attempting suicide outside the company's headquarters in Cedar Falls on Monday by hooking up a tube to his car's tailpipe.

He's a pansy.

[Gabi]

Nice thread. Scams and frauds are common in the world, they do not happen only in bitcoin! Billions and billions are scammed every year

[doobadoo]

He tried to kill himself

Do you maybe know how?

Death by Bitcoinica Chocolate.

I don't see how he could have been arrested, let alone a police report filed.

Got a fresh cup of coffee and headin' back to that other thread.

~Bruno~

Confessed to fraud in suicide note.  claimed it was going on for 20 years!  said he used photoshop to fool regulators! LOL!

[Raize]

Good to know there are other Bitcoiners from Iowa. Were not always the quickest to jump on new technologies, but it looks like you've been around for a while.

This is actually a huge story in the region, and likely will be for some time. People can be pretty unforgiving here, trust is a commodity.