Hundreds of U.S Corporate Frauds ?
February 11, 2009 | Leave a Comment
The FBI today informed Congress that the possible cases of financial impropriety and fraud have risen in the U.S from 38 to around 100.
In his testimony to the Senate Judiciary Committee, FBI Deputy Director John Pistole compared the investigations to the probe into the Enron Corp collapse. A U.S. Justice Department official said the agency was considering creating a national mortgage fraud task force. This would be similar to the one held over Enron’s enquiry.
It seems that there is no end to the revelations that the aftermath of the credit crunch are going to reveal to us.
