Peregrine Financial Investigation

July 11, 2012

Peregrine Financial Group customers have recently had their funds frozen by regulators.  Regulators froze the funds after discovering:

 Peregrine reported it had about $400 million in customer-segregated funds on or about June 29, of which $225 million was on deposit at U.S. Bank. The regulator was then made aware that its chairman “may have falsified bank records” and after finding only $5 million was on deposit.

You may have some options. If you suffered losses with Peregrine Financial, or your funds are frozen, please call Jeffrey Salas at 312.803.4963 or fill out the contact form below.

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