FBI Widens Investigation of the Subprime Industry

Posted by Plus Master at 11:01 AM
 

According to BusinessWeek Online, the FBI has opened probes into alleged accounting fraud, insider trading and concerns over loan securitization at 14 companies.

The companies, already under scrutiny from the Securities and Exchange Commission, are now facing the potential for criminal charges.
 
Read the full article here at BusinessWeek Online.
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