Update to Peregrine Fraud - Add the Numbers

I just realized that if you add and subtract the right numbers on the Peregrine Bank Statement, you do not get the ending balance as reported on the bank statement. In addition, the balance on the bank statement does not equal the balance on the confirmation statement.

If you properly add the amounts on the  bank statement Beginning Balance on 3/1/2011 218,182,954.80 Deposits 520,296.16 Deductions 52,700.00 Ending Balance on 3/31/2011 218,650,550.96 Amount  reported on Bank Confirmation 218,650,550.96 Amount reported on Phony Bank Statement 218,850,650.08

Please see the bank statement and confirmation statement on: http://davehancox.blogspot.com/2012/07/peregrine-financial-group-inc.html

This is really a problem for the auditing profession.

You've got to be able to add the numbers right at least!