Filed in archive
corporate crime
by leon on June 13, 2008
Last month, I did a blog entry on how mortgage fraud cases were up and stretching the resources of the FBI.
Now we have further evidence of that with Bloomberg reporting that the FBI has pulled agents off financial crimes cases so that they can focus on subprime. Clearly, this problem is getting bigger than anyone expected.
Permalink: FBI steps up on mortgage fraud
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/126233
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Rating: 10.00 out of 2 vote(s) cast.
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Response from:
George Weinbaum
(06/15/08 12:58am)
Are you this naive? The FBI is part of a Bush administration attempt to portray banks as victims of fraud as opposed to perpetrators. The FBI should ignore mortgage fraud and go after Wall Street fraud.
Response from:
The FBI has pulled agents off financial crimes cases so that they can focus on subprime. Clearly, this problem is getting bigger than anyone expected.
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