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>> IOWA Latest News

JAN 31, 2013 - New York Post

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The hammer falls

Russell Wasendorf Sr., who earned the nickname “Midwest Madoff” for running a 20-year fraud from his Iowa brokerage, was sentenced to a whopping 50-year prison term yesterday — the most the judge could impose. “I feel I fully deserve whatever sentence I am given,” a noticeably withered Wasendorf told federal Judge...

Tags: The hammer falls,  Iowa Latest News