"Midwest Madoff" leaves lives in ruins

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"Midwest Madoff" leaves lives in ruins

by CBSTV Videos 2:10 mins

"Midwest Madoff" leaves lives in ruins

by CBSTV Videos 2:10 mins

The implosion of the Peregrine Financial Group has left the community of Cedar Falls, Iowa in peril. Dean Reynolds reports on how CEO Russell Wasendorf's fraud is measured not just by the $200 million lost, but by lives ruined.

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