July 17, 2008

FBI Probing IndyMac

Possible Fraud

It's official the FBI is actively investigating IndyMac Bank for possible fraud involving its mortgage lending.

The outcome of this will be closely followed as the FBI is also investigating 21 other lenders.

See the link below for the complete story.

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	FBI probing IndyMac for possible fraud: authorities
	Surprised?
	http://uk.reuters.com/article/companyNews/idUKN1645563020080717

Topic Tags: angelo mozilo, countrywide, credit crunch, failed bank, fdic indymac, housing crisis, indymac, indymac bank, indymac fbi, indymac seized, indymac shut down

by William Diehl

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