FBI Probing 530 Corporate Fraud Cases

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FBI Probing 530 Corporate Fraud Cases

Post by T on Wed Feb 11, 2009 1:03 pm

People like Jennifer Stowell Norris (Right-wing Conservatives) like to blame everything on the "public sector" (local, state, and national governments and their agencies) and always look the other way when it comes to the "private sector".


FBI Probing 530 Corporate Fraud Cases

FBI Deputy Director John Pistole is describing the bureau's efforts to the Senate Judiciary Committee


The FBI is conducting more than 500 investigations of corporate fraud amid the financial meltdown, the bureau's deputy director told a Senate panel Wednesday.

Deputy Director John Pistole also said 38 of the 530 total active corporate fraud investigations involve fraud and financial institution matters directly related to the economic crisis.

Additionally, the FBI has more than 1,800 mortgage fraud investigations, more than double the number of such cases just two years ago.

FOXNews.com Link

T

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