Authorities close 'sex trafficking house of horrors'









Cook County prosecutors announced charges today in connection with a sex trafficking ring in suburban Schiller Park that preyed on poor or homeless women who were forced into prostitution through drug addiction and violence.

At a press conference, State’s Attorney Anita Alvarez referred to the operation as a “sex trafficking house of horrors” and said the half dozen women were supplied heroin and crack cocaine on “a silver platter” to keep them addicted to the narcotics and beholden to the ring's leader.

Authorities identified Keith Williams, 52, as the alleged ring leader and said Roman Kurek, 49, and Sylvia Topolewski, 37,  were all charged  with involuntary servitude and sex trafficking. The three reside at the same Schiller Park residence. Bonds were set at $650,000 for Williams and $350,000 for each of the others.

Schiller Park Police Officer Brian Norris told reporters that the department received a tip last May about drug activity and prostitution at Williams’ residence, leading to a nearly eight-month investigation involving undercover work.

Alvarez said Williams, who goes by the street name of “Shampoo,” recruited the vulnerable women to live with him and controlled them with threats, intimidation and brutality. Williams pocketed all the profits from the prostitution for himself and his associates.

Williams punished the women for so-called “bad behavior” by severely beating them, withholding food from them and demeaning them in other ways, prosecutors said.

Williams would sometimes handcuff the women for days and lock them in a room where they would be deprived of food and narcotics, leading them to become sick from drug withdrawals, prosecutors said.

Alvarez said the six women involved in Williams’ sex trafficking operation were being offered help through social service agencies. More women may have been involved in the operation, though, and are encouraged to come forward to receive support, she said.

bdoyle@tribune.com

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Coming soon to Facebook- more action, battle games






SAN FRANCISCO (Reuters) – When nWay began a trial of its dark, sci-fi combat game “ChronoBlade” on Facebook last year, the San Francisco-based startup felt sure it had a hit on its hands.


“First of all, what comes is, ‘Wow, I had no idea you could actually do a game of this quality on Facebook,’” said Dave Jones, Chief Creative Officer of nWay, who has worked on “Grand Theft Auto.”






Then came some resistance: Jones admits some potential investors and partners questioned how an action-focused game with slick graphics can play to a Facebook audience more accustomed to “Farmville” and other less time-consuming casual games. Others wondered how the game — which launches this spring — would gain significant users and revenue on the social network.


But Facebook Inc is betting nWay and a clutch of other developers this year can extend console-style action games beyond Microsoft Corp‘s Xbox or Sony Corp’s PlayStation onto the world’s largest social network.


Facebook is spearheading the launch of 10 high-quality games created by third-party developers in 2013 that squarely target so-called hardcore gamers, an atypical audience overlooked thus far against the wealth of family-friendly offerings like Zynga Inc’s “Farmville” that now dominate the social network’s gaming landscape.


The effort, which began late last year but will accelerate in 2013, is part of Facebook’s ongoing objective of making sure its 1 billion-plus users log in and spend more time on the network, which in turn boosts ad revenue. Facebook also takes a cut of its applications’ revenue.


Facebook’s push into action and battle games follows a meeting in January between companies that make games like “first-person shooters” and Vice President Joe Biden to look for ways to curb gun violence in the wake of the Connecticut school shootings.


Based on the console gaming industry experience, hardcore gamers — typically men 18 to 30 years old — spend more time and effort to master fast-paced games such as first-person shooters (Microsoft’s “Halo”) or real-time strategy games (Activision Blizzard’s “StarCraft”).


“You’ll see a whole set of games hitting in the next two quarters in particular and throughout the year that really start to redefine what people think of Facebook games,” Sean Ryan, head of game partnerships at Facebook said in an interview.


Facebook will embrace games from “casual all the way up through first-person shooters, massively multiplayer online games, real-time strategy games – all those types of more core player-versus-player games.”


Just as hardcore gamers interact online and form clans in multiplayer games on console game networks like Xbox LIVE, Facebook can be that social layer needed to foster such gaming communities that help popularize titles, Jones said.


GAMING POPULATION


Over a quarter of Facebook’s 1.06 billion monthly active users play games, one of the largest gaming communities in the industry, and the social network hopes that can grow.


Facebook also aims to make more revenue from games. Revenue from the area was flat in the fourth quarter from a year ago, the company said on Wednesday without providing details.


The 8-year-old social network takes a 30 percent revenue share from game developers who offer their product free but then charge for virtual goods — like ammunition and power boosts.


On Wednesday, Facebook’s Chief Financial Officer David Ebersman told analysts on a post-earnings conference call that its “games ecosystem continues to show healthy signs of diversification” and suggested that games revenue would grow with increasing user engagement.


To grow its gaming business, Facebook has invested time and resources to work with developers since the summer to bring titles like u4iA’s first-person shooter “Offensive Combat” and Plaruim’s real-time strategy game “Stormfall: Age of War” alive, Ryan said.


“It doesn’t mean we’re walking away from other games, but there’s no question our focus for 2013 much of it will be about becoming a better platform for core gamers and developers who make those games.”


To help users discover them, Facebook added new action and strategy games categories on its App Center that also shows you friends from your list playing those games. It brought back notification messages from game apps — a feature that had been removed because users found the annoying — with certain restrictions that stop developers from spamming a gamer.


Developers also rely on word-of-mouth publicity and ads on Facebook’s advertising platform to draw in prospective gamers.


“Stormfall” has a player base of 4.5 million and hardcore games were proving to be far more lucrative, said Gabi Shalel, chief marketing officer Of Tel Aviv, Israel-based Plarium.


“Hardcore gamers pay more, play more and generate higher average revenue per user than traditional casual games.”


Kixeye, which makes the warfare-strategy game “War Commander,” said its gamers spend 20 times more than players of social games, helping it stay profitable over the past three years.


Going forward, nWay’s Jones says Facebook must have a defining title that comes along that establishes it as a hardcore gaming spot for gamers.


“Like ‘Super Mario’ did for Nintendo or ‘Halo’ on Microsoft, I think it just takes one title to come along, sort of as a benchmark to legitimize the whole thing,” he said.


(Reporting By Malathi Nayak; editing by Andrew Hay)


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Wispelwey: Loneliness of the long-distance cellist






LEIDEN, Netherlands (Reuters) – Dutch cellist Peter Wispelwey has recorded the haunting, delightful and soul-uplifting Bach Six Suites for Solo Cello three times and still he’s not finished.


His next, he says, is his “Lost in Translation” version, referring to the Bill Murray movie about an actor coming to terms with an alien culture in Tokyo.






Wispelwey is doing the same, flying into the Japanese capital for recording sessions in the early morning hours.


When it is released, he wants to strew CDs of portions of the Bach suites around Tokyo for people to find them, he told Reuters over a three-course dinner served during intervals as he performed in this Dutch university town.


“That’s my ideal,” he said. “I want the Tokyo preludes, the Tokyo gigues, the Tokyo allemandes.”


At this stage in his career, the 50-year-old Wispelwey who first fell in love with the cello’s growling sound at the age of two while listening to an amateur quartet in which his father played violin, can be indulged.


Growing up in a small country at a time when it did not have much of an established conservatory tradition, he more or less is a self-made cellist, though he has had several of the world’s best teachers, among them compatriot Anner Bylsma.


He made his name in the Netherlands by putting on recitals in his late teens of all the mainstream repertoire for solo cello, renting the hall himself, getting the tickets distributed and playing it all from memory.


He got his international credentials with his first 1990 recording of the Bach suites, for the Channel Classics label, which became one of the gold-standard versions.


His latest, and third version, is unique for tuning his baroque cello, with gut rather than modern steel strings, to a much lower pitch than A at 440 hertz, or slightly higher, which is the standard for modern orchestras, pianos, wind instruments and pretty much everything.


Wispelwey has done it at 397 hertz, a full tone below the modern A tuning, and a semitone, or half tone, below the usual baroque A which is 415 hertz.


There are theoretical reasons, including evidence it was the pitch Bach would have known. But more importantly, the sound world is different.


“If the general public comes in to hear the Bach suites on a baroque cello they need almost an hour just to adjust to that sound world and it’s not surprising,” he said, between gulps of food and before taking a shower to refresh for the continuation of one of the most demanding recital programs, for soloist and audience alike.


“We’re used to a steely, projecting laser beam of a sound and this has shades, it has color and it has the overtones. That’s why we can hear it. It has this very particular shine. but it’s a shine of nobility.”


Here’s what else he had to say about Bach’s appeal today, the mystical “Black Sarabande” and why it can sometimes seem a bit lonely being a cello soloist:


Q: What is it about Bach’s music, written in the early 18th century, that speaks to us three centuries later with such power, if not to say God-like authority?


A: “One is the magic of Bach. Even in the sparse notes of the cellos suites there is a narrative and it becomes more hypnotic the less you hear and the less you hear it filled in. It’s the hypnotic element of being carried away by so little. That said, the concentration of the listener is tunneled and first there’s an emotion of being narrowed but then the opposite happens.


“After an hour that tunnel gives suddenly way to the biggest panorama you’d ever want to see. It starts meaning everything, the small world becomes the big world and everything starts shining and becoming meaningful…Bach’s brain was all over the place all the time. That’s why we’re so eternally intrigued at what kind of creativity was at work there.”


Q: In the Suite No. 5, there’s a movement you call the “Black Sarabande”. Why?


A: “It’s painful, not nice. There is comfort in it but death is there. It’s about blackness, about dust and with the gut C string it sounds like dust, it sounds like throwing something into the grave or a last breath – it’s all there. The first four bars are a sort of solar system, all those notes hanging in space but they are somehow related…It’s dark and light and death and life. It’s so simple that its meaning expands in space. The simpler it is the more meaningful it seems to be.”


Q: Of course you don’t play only Bach – though you play these suites a lot. Two days from now you are doing a Schubert program and you also play modern composers like Ligeti and Crumb. Is it hard finding sufficient repertoire for an instrument which, let’s face it, has never been as big a crowd pleaser as the violin?


A: “It (Bach) does sound like you are playing really serious, profound music, so that’s good, and the other thing of course is the cello repertoire is so small that when we have six pieces by the greatest composer of all time, well, then, of course… There are 15 great cello concertos against 40 great violin concertos. The cello was emancipated (from its accompaniment role) late. Then look at the 20th century. We have Mstislav Rostropovich and suddenly we get this tsunami by the great composers…”


(Editing by Paul Casciato)


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The New Old Age: Caregiving, Laced With Humor

“My grandmother, she’s not a normal person. She’s like a character when she speaks. Every day she’s playing like she’s an actress.”

These are words of love, and they come from Sacha Goldberger, a French photographer who has turned his grandmother, 93-year-old Frederika Goldberger, into a minor European celebrity.

In the photos, you can see the qualities grandson and grandmother have in common: a wicked sense of humor, an utter lack of pretension and a keen taste for theatricality and the absurd.

This isn’t an ordinary caregiving relationship, not by a long shot. But Sacha, 44 years old and unmarried, is deeply devoted to this spirited older relation who has played the role of Mamika (“my little grandmother,” translated from her native Hungarian) in two of his books and a photography exhibition currently under way in Paris.

As for Frederika, “I like everything that my grandson does,” she said in a recent Skype conversation from her apartment, which also serves as Sacha’s office. “I hate not to do anything. Here, with my grandson, I have the feeling I am doing something.”

Their unusual collaboration began after Frederika retired from her career as a textile consultant at age 80 and fell into a funk.

“I was very depressed because I lived for working,” she told me in our Skype conversation.

Sacha had long dreamed of creating what he calls a “Woody Allen-like Web site with a French Jewish humor,” and he had an inspiration. What if he took one of the pillars of that type of humor, a French man’s relationship with his mother and grandmother, and asked Frederika to play along with some oddball ideas?

This Budapest-born baroness, whose family had owned the largest textile factory in Hungary before World War II, was a natural in front of the camera, assuming a straight-faced, imperturbable comic attitude whether donning a motorcycle helmet and goggles, polishing her fingernails with a gherkin, wearing giant flippers on the beach, lighting up a banana, or dressed up as a Christmas tree with a golden star on her head. (All these photos and more appear in “Mamika: My Mighty Little Grandmother,” published in the United States last year.)

“It was like a game for us, deciding what crazy thing we were going to do next, how we were going to keep people from being bored,” said Sacha, who traces his close relationship with his grandmother to age 14, when she taught him how to drive and often picked him up at school. “Making pictures was a very good excuse to spend time together.”

“He thought it was very funny to put a costume on me,” said Frederika. “And I liked it.”

People responded enthusiastically, and before long Sacha had cooked up what ended up becoming the most popular character role for Frederika: Super Mamika, outfitted in a body-hugging costume, tights, a motorcycle helmet and a flowing cape.

His grandmother was a super hero of sorts, because she had helped save 10 people from the Nazis during World War II, said Sacha. He also traced inspiration to Stan Lee, a Jewish artist who created the X-Men, The Hulk and the Fantastic Four for Marvel comics. “I wanted to ask what happens to these super heroes when they get old in these photographs with my grandmother.”

Lest this seem a bit trivial to readers of this blog, consider this passage from Sacha’s introduction to “Mamika: My Might Little Grandmother”:

In a society where youth is the supreme value; where wrinkles have to be camouflaged; where old people are hidden as soon as they become cumbersome, where, for lack of time or desire, it is easier to put our elders in hospices rather than take care of them, I wanted to show that happiness in aging was also possible.

In our Skype conversation, Sacha confessed to anxiety about losing his grandmother, and said: “I always was very worried about what would happen if my grandmother disappeared. Because she is exceptional.”

“I am not normal,” Frederika piped up at his side, her face deeply wrinkled, her short hair beautifully coiffed, seemingly very satisfied with herself.

“So, making these pictures to me is the best thing that could happen,” Sacha continued, “because now my grandma is immortal and it seems everyone knows her. I am giving to everybody in the world a bit of my grandma.”

This wonderful expression of caring and creativity has expanded my view of intergenerational relations in this new old age. What about you?

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Apple phones outsell Samsung in the U.S. in the fourth quarter









Bolstered by sales of its iPhone 5, Apple sold more mobile phones in the U.S. in the fourth quarter than any other maker, including its rival Samsung.


It marks the first time since 2008 that Samsung was not the top phone seller in a quarter.


Still, Samsung retained its crown for all of 2012, selling 53 million devices. Apple was second with 43.7 million phones sold.





For the fourth quarter, Apple sold 17.7 million units, or 34% of the phones sold in the quarter, according to a report released Friday morning by Strategy Analytics. That was up from 12.8 million devices sold in the year-earlier period.

Samsung was next with 16.8 million phones, or 32% of all phones sold in the quarter. Total sales  represented an increase for Samsung, which sold 13.5 million phones a year earlier. 


QUIZ: Test your Apple knowledge


"This was a good performance from Samsung, as its market share (of phones sold in the fourth quarter) rose 5 points from 27% a year earlier, but it was not enough to hold off a surging Apple," the report says.


Samsung "will surely be keen to recapture that title in 2013 by launching improved new models such as the rumored Galaxy S4," the report says. 


Third place in the U.S. was LG, which sold 6.9 million phones, 9% of all phones sold during the fourth quarter.


ALSO:


Viewing Twitter photos now faster and easier


BlackBerry 10 gets mostly high marks in early reviews


Mobile social networking app Path settles with FTC for $800,000





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First food truck gets Chicago license









More than six months after the Chicago City Council legalized cooking onboard food trucks, the city on Thursday issued its first license for it to Dan Salls, owner of The Salsa Truck.

An ecstatic Salls said that he passed his health and fire inspection on Wednesday and finished his paperwork on Thursday afternoon. By Tuesday, he hopes to be searing meat, grilling quesadillas and warming tortillas on board his truck to serve with his salsas to hungry Chicagoans.






Salls, a former financial adviser who quit his job to go into the salsa business, said he will likely serve his first hot meal at the 600 W. Chicago Ave. food-truck stand Tuesday. He has publicly invited Mayor Rahm Emanuel to be his first customer.

“I think it would be a great press opportunity for him to finally get the monkey off of everyone’s back,” Salls said of the long contentious process that has finally led to the first cooking license called an MFP (for mobile food preparer).

For more than two years, food-truck activists had been lobbying the city to allow onboard cooking, as opposed to restricting food offerings to those that had been pre-cooked and packaged. Proposals were stalled for more than a year at the committee level until Emanuel presented his own version of a modified ordinance last summer, which passed in late July.

“This is just the beginning, but we’re excited to see our first MFP hit the streets,” said Rosemary Krimbel, who leads the Chicago Department of Business Affairs and Consumer Protection. “We want potential food truck owners to know that we are here to help, including newly offered truck consultations with the fire and health departments to ease the licensing process. We want to see more food trucks serving Chicago.”

Although Salls says he is thrilled to be the first licensed onboard cooking operator, he acknowledges that his truck is not the “classic West Coast type food truck.” By that he means, he did not need to outfit his truck to conform to what some feel is the city’s overly strict code on gas lines and exhaust hoods.

He will simply use an electric grill to heat his tacos, quesadillas and carnitas onboard, making rules on gas lines and hoods irrelevant to his inspection.

Next month, Salls hopes to open a bricks and mortar restaurant called The Garage which can also serve as a commissary for servicing other cooking trucks.

meng@tribune.com
Twitter: @monicaeng



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U.S. tablet shipments soar during holidays, threaten to surpass PCs






SAN FRANCISCO (Reuters) – Apple Inc Chief Executive Tim Cook’s prediction that tablets would one day outsell personal computers appears to be coming true.


Holiday season shipments of tablet computers touched a record 52.5 million, up 75 percent from a year ago, as consumers snapped up a wide range of the touch-enabled mobile devices and lower priced offerings, according to International Data Corp (IDC), which tracks both markets.






Growth of the tablet market handily outpaced that of personal computers, with PC shipments sliding 6.4 percent to 89.8 million in the October-December period.


In another sign of the rise of tablets, Apple, the No. 1 seller of tablets, shipped 22 million of them in the fourth quarter, compared with 15 million personal computers shipped by No. 1 PC seller Hewlett-Packard Co during the same period.


But increasing competition means that Apple’s one-time stranglehold on the tablet market continues to loosen. The market share of its iPad fell to 43.1 percent in the fourth quarter from 51.7 percent the previous year, IDC said.


Samsung Electronics, the No. 2 seller of tablets with its flagship Galaxy brand, captured 15.1 percent of the market, more than double its 7.3 percent share a year earlier.


Software maker Microsoft Corp, which launched its Surface with Windows RT tablet during the holidays, shipped about 900,000 units, IDC said.


Microsoft has been banking on Surface to showcase its new Windows 8 software to compete with Google Inc‘s Android-based tablets and the iPad.


Amazon.com Inc, despite having a wider range of products for the holidays, saw its share slip to 11.5 percent from 15.9 percent. Asian manufacturer Asus, which makes the Google-branded Nexus 7 tablet, saw a its share increase to 5.8 percent from 2 percent, IDC said.


IDC’s figures underscore the sliding fortunes of PC makers such as HP and Dell Inc, which is now in the process of taking itself private.


“New product launches from the category’s top vendors, as well as new entrant Microsoft, led to a surge in consumer interest and very robust shipments totals during the holiday season,” said Tom Mainelli, research director, tablets, at IDC.


“The record-breaking quarter stands in stark contrast to the PC market, which saw shipments decline during the quarter for the first time in more than five years,” Mainelli said.


(Reporting By Poornima Gupta; Editing by Steve Orlofsky)


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Tom Hardy, Noomi Rapace in talks for Soviet thriller






NEW YORK (TheWrap.com) – Tom Hardy and Noomi Rapace are in talks to star in “Child 44,” a thriller that Ridley Scott and Michael Costigan are producing for Scott Free Productions, individuals with knowledge of the deal told TheWrap. “Safe House” filmmaker Daniel Espinosa will direct from a script by Richard Price, who is adapting Tom Rob Smith‘s novel.


Set in Josef Stalin‘s Soviet Union, the story follows Leo Demidov, a disgraced intelligence agent investigating a series of child murders. The paranoid Soviet government then becomes suspicious of his investigation.






The book, the first in a trilogy, is based on the true story of Ukrainian serial killer Andrei Chikatilo.


Hardy will play the officer and Rapace his wife.


The actors will first shoot “Animal Rescue,” a drama that Michael Roskam is directing for Fox Searchlight. Hardy, fresh off a year in big films such as ‘The Dark Knight Rises,” just wrapped “Mad Max: Fury Road.” Rapace, who appeared in 2012′s “Prometheus,” will next be seen in “Dead Man Down.”


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Well: Waiting for Alzheimer's to Begin

My gray matter might be waning. Then again, it might not be. But I swear that I can feel memories — as I’m making them — slide off a neuron and into a tangle of plaque. I steel myself for those moments to come when I won’t remember what just went into my head.

I’m not losing track of my car keys, which is pretty standard in aging minds. Nor have I ever forgotten to turn off the oven after use, common in menopausal women. I can always find my car in the parking lot, although lots of “normal” folk can’t.

Rather, I suddenly can’t remember the name of someone with whom I’ve worked for years. I cover by saying “sir” or “madam” like the Southerner I am, even though I live in Vermont and grown people here don’t use such terms. Better to think I’m quirky than losing my faculties. Sometimes I’ll send myself an e-mail to-do reminder and then, seconds later, find myself thrilled to see a new entry pop into my inbox. Oops, it’s from me. Worse yet, a massage therapist kicked me out of her practice for missing three appointments. I didn’t recall making any of them. There must another Nancy.

Am I losing track of me?

Equally worrisome are the memories increasingly coming to the fore. Magically, these random recollections manage to circumnavigate my imagined build-up of beta-amyloid en route to delivering vivid images of my father’s first steps down his path of forgetting. He was the same age I am now, which is 46.

“How old are you?” I recall him asking me back then. Some years later, he began calling me every Dec. 28 to say, “Happy birthday,” instead of on the correct date, Dec. 27. The 28th had been his grandmother’s birthday.

The chasms were small at first. Explainable. Dismissible. When he crossed the street without looking both ways, we chalked it up to his well-cultivated, absent-minded professor persona. But the chasms grew into sinkholes, and eventually quicksand. When we took him to get new pants one day, he kept trying on the same ones he wore to the store.

“I like these slacks,” he’d say, over and over again, as he repeatedly pulled his pair up and down.

My dad died of Alzheimer’s last April at age 73 — the same age at which his father succumbed to the same disease. My dad ended up choosing neurology as his profession after witnessing the very beginning of his own dad’s forgetting.

Decades later, grandfather’s atrophied brain found its way into a jar on my father’s office desk. Was it meant to be an ever-present reminder of Alzheimer’s effect? Or was it a crystal ball sent to warn of genetic fate? My father the doctor never said, nor did he ever mention, that it was his father’s gray matter floating in that pool of formaldehyde.

Using the jarred brain as a teaching tool, my dad showed my 8-year-old self the difference between frontal and temporal lobes. He also pointed out how brains with Alzheimer’s disease become smaller, and how wide grooves develop in the cerebral cortex. But only after his death — and my mother’s confession about whose brain occupied that jar — did I figure out that my father was quite literally demonstrating how this disease runs through our heads.

Has my forgetting begun?

I called my dad’s neurologist. To find out if I was in the earliest stages of Alzheimer’s, he would have to look for proteins in my blood or spinal fluid and employ expensive neuroimaging tests. If he found any indication of onset, the only option would be experimental trials.

But documented confirmation of a diseased brain would break my still hopeful heart. I’d walk around with the scarlet letter “A” etched on the inside of my forehead — obstructing how I view every situation instead of the intermittent clouding I currently experience.

“You’re still grieving your father,” the doctor said at the end of our call. “Sadness and depression affect the memory, too. Let’s wait and see.”

It certainly didn’t help matters that two people at my father’s funeral made some insensitive remarks.

“Nancy, you must be scared to death.”

“Is it hard knowing the same thing probably will happen to you?”

Maybe the real question is what to do when the forgetting begins. My dad started taking 70 supplements a day in hopes of saving his mind. He begged me to kill him if he wound up like his father. He retired from his practice and spent all day in a chair doing puzzles. He stopped making new memories in an all-out effort to preserve the ones he already had.

Maybe his approach wasn’t the answer.

Just before his death — his brain a fraction of its former self — my father managed to offer up a final lesson. I was visiting him in the memory-care center when he got a strange look on his face. I figured it was gas. But then his eyes lit up and a big grin overtook him, and he looked right at me and said, “Funny how things turn out.”

An unforgettable moment?

I can only hope.



Nancy Stearns Bercaw is a writer in Vermont. Her book, “Brain in a Jar: A Daughter’s Journey Through Her Father’s Memory,” will be published in April 2013 by Broadstone.

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Former Peregrine CEO Wasendorf gets 50 years in prison









A U.S. judge on Thursday sentenced the founder of Peregrine Financial Group to 50 years in prison for looting hundreds of millions of dollars from the brokerage, saying his customers would probably never recover the money they lost.

Russell Wasendorf Sr., who had tried to kill himself just before the fraud was uncovered, received the maximum sentence allowed by law and was ordered to pay $215.5 million in restitution for his nearly 20-year scheme.

Wasendorf's fraud was revealed in 2012, triggering the collapse of the brokerage and further shaking investors' confidence in the U.S. futures industry, already rattled by the failure of larger rival M.F. Global.

"I'm very sorry for the financial and emotional damage I've caused to investors and employees of Peregrine Financial Group," Wasendorf said in a feeble voice at a sentencing hearing in Cedar Rapids, Iowa. "I feel I fully deserve whatever sentence I am given… My guilt is such I will accept that sentence."

Chief Judge Linda Reade of the U.S. District Court of the Northern District of Iowa said former Peregrine customers will probably never get all their money back.

Wasendorf, 64, admitted last July that he had bilked tens of thousands of clients over a period of nearly 20 years, faking bank statements and lying to federal regulators, employees and his closest family members.

As regulators closed in on the fraud, Wasendorf made a botched suicide attempt outside his $24-million headquarters in Cedar Falls, Iowa, which investigators say was financed with money siphoned from customers.

Peregrine Financial, known as PFGBest, quickly collapsed, and 24,000 former customers are still missing most of the money they had invested with the firm.

Wasendorf pleaded guilty in September to embezzling more than $100 million. Prosecutors said the amount stolen was more like $215 million.

"The lengthy prison sentence imposed today is just punishment for a con man who built a business on smoke and mirrors," said Acting U.S. Attorney Sean Berry.

PLEAS FOR LENIENCY

Supporters of the disgraced executive had asked Reade for leniency, arguing that Wasendorf is in frail health and that he had helped others even in the midst of his 20-year fraud.

Wasendorf, wearing an orange sweatshirt, looked gaunt in court after spending six months in isolation in a county jail.

He has been sick in jail, and doctors found a tumor on or near his pancreas, according to testimony from his pastor, Linda Livingston of Ascension Lutheran Church. Wasendorf's mother died of pancreatic cancer, but it is unknown whether Wasendorf's tumor is cancerous, she said.

U.S. prosecutors said the large loss, the sophisticated nature of the crime, and the sheer number of victims justified Wasendorf spending the rest of his life behind bars.

"The defendant spent like he was the richest man in the world," Assistant U.S. Attorney Peter Deegan said in court.

Peregrine's collapse dealt a blow to confidence in the U.S futures industry, already reeling from $1.6 billion hole in customer pockets left when giant brokerage MF Global failed nine months earlier.

Futures traders had never before suffered such large losses as a result of a brokerage failure.

Despite his misdeeds, Wasendorf "did do some positive things for the community," said former U.S. Congressman David Nagle from Iowa, who spoke up for the fallen CEO in court.

Nagle, who helped Wasendorf win zoning approval for Peregrine's environmentally-friendly headquarters, asked the judge for leniency.

"Who wants to defend the magnitude of the crimes Mr. Wasendorf committed?" he said. "But good people do bad things."

Wasendorf was well known for donating to local charities before his empire came crashing down.

However, he built his reputation for generosity using money stolen from his customers, Judge Reade said, adding that the donations likely lessened Wasendorf's feelings of guilt.

Peregrine customers "unwittingly funded the charities, but it was Mr. Wasendorf who took the credit," she said.

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