Today in WTF: Wasendorf's Secret SpongeBob Treasure

Yeah, I don’t know…

Silver SpongeBob SquarePants coins minted by a private company in New Zealand were among assets seized by FBI agents from Peregrine Financial Group after its chief confessed to nearly 20 years of fraud last week.

Ira Bodenstein, the trustee in Peregrine’s bankruptcy case in Chicago, said the coins were in a vault at the firm’s Cedar Falls, Iowa, headquarters. The value of the takings was not immediately clear.

Keep Reading:

SpongeBob coins among assets seized by FBI from Peregrine HQ (Reuters)

Read Also:

Russell Wasendorf Sr Joins the Pantheon of Financial Scumbags (TRB)

 

 

 

 

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