Job fair available for PFG and myVerona employees - KWWL - Eastern Iowa Breaking News, Weather, Closings

Job fair available for PFG and myVerona employees

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  • Russ Wasendorf Sr. and PFG

    Russ Wasendorf Sr. and PFG

    The CEO of PFG stole more than $215 million from more than 13,000 victims and was sentenced to 50 years in federal prison. All related stories can be found here.More >>
    The CEO of PFG stole more than $215 million from more than 13,000 victims and was sentenced to 50 years in federal prison. All related stories can be found here.More >>
CEDAR FALLS (KWWL) -

Over 200 employees lost their jobs after the downfall of PFG Best and myVerona.  Tuesday, there may be some relief as one of the first job fairs will be held for those employees.

Peregrine Financial Group and myVerona abruptly closed their doors a couple weeks ago after owner, Russ Wasendor, Sr., attempted suicide. That's when details came out regarding a longtime fraud scheme spanning 20 years involving millions of dollars.

On July 18th, Hawkeye Community College facilitated a closed door employee informational meeting. The meeting helped connect myVerona and Peregrine workers with available community resources.

Tuesday, about 15 local employers will be on hand looking to hire for new positions.

The focus of the event is for those displaced workers with an interest in careers in childcare, customer service, food service, and maintenance.

"We know the businesses in the Cedar Valley are seeking good, talented people with all kinds of skills. So it was important that we act quickly to start matching up the employees that were available, the talent available with the opportunities available in the Cedar Valley," said Steve Dust, CEO, Greater Cedar Valley Alliance & Chamber.

The Cedar Valley Alliance also set up a website to help connect displaced employees with local employers. All you need to do is send your resume to talent@cedarvalleyalliance.com.

They will then work to match former employees with potential job opportunities.

Tuesday's job fair starts at 1:00 PM and ends at 3:00 PM. It will be held at 1025 Technology Parkway in Cedar Falls, next to the TEAM Technologies building.

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