SpongeBob Square Pants latest victim of Peregrine bankruptcy

Court documents filed this week by Peregrine’s bankruptcy trustee reports that approximately $20,000 worth of silver coins is missing.  In addition to the silver coins, 39 ounces of gold is also missing.  The gold would sell for $66,000 at current market values.

The documents filed with the Bankruptcy Court give the first look at Peregrine’s assets and debts since the filing of the bankruptcy petition in July.  Unfortunately, the missing coins represent only a small amount when compared to the millions lost by customers but do show the problems within the company prior to its collapse.

More information can be found in “SpongeBob coins among missing Peregrine assets.”

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