"A watch is displayed for a photograph during an auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal items to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders ""to embezzle millions of dollars from customer accounts."" Photographer: Steve Pope/Bloomberg via Getty Images"
{"Image ImageDescription": "A watch is displayed for a photograph during an auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal items to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders ?to embezzle millions of dollars from customer accounts.? Photographer: Steve Pope/Bloomberg via Getty Images", "Image Copyright": "2012 Bloomberg"}