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About Time! Feds turning their focus to fraud.

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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 11:06 AM
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About Time! Feds turning their focus to fraud.

FBI forced to shift attention away from terrorism, towards financial fraud


How can you tell when the economy is in really bad shape? Maybe when FBI special agents go on record saying that terrorism is less of a threat to the United States than rampant financial fraud.

Bloomberg:


The FBI has engaged in “triage,” taking agents off terror and other crimes to respond to a cascade of financial frauds such as the alleged Bernard Madoff Ponzi scheme, the head of the bureau’s New York criminal division said.

The Federal Bureau of Investigation was forced to reallocate its manpower in New York to deal with recent frauds involving subprime mortgages, auction-rate securities and Madoff, who prosecutors said confessed this month to bilking investors out of $50 billion, FBI official David Cardona said in an interview.

http://crooksandliars.com/silentpatriot/fbi-forced-shift-attention-away-terr
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 11:09 AM
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1. Bush-era-corruption trials will begin soon and continue for a decade or longer.
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 11:14 AM
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2. I can't wait for the political crimes dept. of the FBI fraud unit to open up!
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