Legal News

Peregrine CEOs New Wife Seeks Annulment of Marriage
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

She told the court she is unemployed, and also told that she does not require spousal support, according to her filing. Nancy J. Paladino, the new wife of Peregrine Financial Group CEO Russell R. Wasendorf Sr. has filed a petition for annulment of marriage with the Clark County District Court in Nevada. She claims that the man married her in June, knowing he was planning a suicide and about to be arrested for fraud.

Nancy alleged that Russel R. Wasendorf Sr. married her at the Bellagio hotel in Las Vegas on June 30 on false pretenses as he “did not advise of the fraud or the suicide.” Nancy Paladino, 48, filed her complaint for annulment on August 13, one month after Wasendorf was arrested by federal investigators.

Earlier this month, Wasendorf was indicted by a federal grand jury on 31 counts of overstating the amount of customer funds in forged monthly and yearly reports made to the Commodity Futures Trading Commission. According to the CFTC, Wasendorf misappropriated more than $200 million in customer funds for over 20 years. He is currently held in the Linn County Jail under suicide watch.

  
What
Where


Friends and family of Wasendorf were surprised by the news of the Las Vegas wedding as a church wedding was already planned in Cedar Falls – weeks before which Wasndorf tried to commit suicide.

Wasendorf, if convicted of all charges, faces up to 155 years in jail and 93 years of supervised release following imprisonment – too long a time for anyone to wait around for him.

Paladino’s petition for annulment mentioned that the marriage should be declared null and void as Wasendorf obtained her consent under fraudulent means. Her filing mentioned “At the time of the marriage, Defendant knew he was about to be caught and arrested for fraudulent activity, and had planned suicide to avoid the consequences.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The bankruptcy court-appointed receiver for Wasendorf is trying to negotiate with Paladino’s attorney over assets held in bank accounts in the joint names of Paladino and Wassendorf. Paladino has stated to the court that she has no monthly income.





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Health Industry Advisory Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks health industry advisory associate attorney with 3-5 years of...

Apply Now

RELEVANT JOBS

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Associate Attorney

USA-TX-Dallas

Associate Attorney – 3 to 5 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Litigation Attorney

USA-TX-Dallas

Litigation Attorney   Dallas, TX One of Texas\' largest Personal Injury Law Firms se...

Apply now

SEARCH IN ARCHIVE

To Top