PDA

View Full Version : Deutsche Bank to Pay $202 Million Over Mortgage Fraud - BusinessWeek



FraudNews
05-11-2012, 12:14 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF98nmEhOstkapJE69upw fLaa9tqAamp;url=http://www.bbc.co.uk/news/business-18029911img src=//nt3.ggpht.com/news/tbn/213txNvIkaJ8cM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2BBC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNELZ24hsLO8VBG91PvLnr be_pqPEgamp;url=http://www.businessweek.com/news/2012-05-10/deutsche-bank-to-pay-202-dot-3-million-in-mortgage-fraud-accordbDeutsche Bank to Pay $202 Million Over Mortgage bFraud/b/b/abr /font size=-1bfont color=#6f6f6fBusinessWeek/font/b/fontbr /font size=-1By Bob Van Voris on May 10, 2012 Deutsche Bank AG (DBK) agreed to pay $202.3 million to settle civil claims that its MortgageIT unit lied to qualify thousands of risky mortgages for a federal insurance program in what the US called a “massive bfraud/b./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEkkhLADExwi0Oamf9G4w XtlFDmnAamp;url=http://www.google.com/hostednews/ap/article/ALeqM5jS3aP6oe8KE5grcQ8uck5Oiv68VA?docId%3D9c459f0 224754e288c98facbe620a155Deutsche Bank pays $202M in NY mortgage bfraud/b deal/alink rel=syndication-source href=www.ap.org/9c459f0224754e288c98facbe620a155 /font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFL16SDWkZXjOlZTNKLp0 XKcTpwxQamp;url=http://www.washingtonpost.com/business/industries/deutsche-bank-pays-202m-in-ny-to-settle-mortgage-fraud-complaint-brought-by-us-government/2012/05/10/gIQAdCcJGU_story.htmlDeutsche Bank pays $202M in NY to settle mortgage bfraud/b complaint brought by b.../b/afont size=-1 color=#6f6f6fnobrWashington Post/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEL3GGZOgZinvkzESxi9N Ty1QgwPAamp;url=http://online.wsj.com/article/AP9c459f0224754e288c98facbe620a155.htmlDeutsche Bank pays $202M in mortgage bfraud/b deal/afont size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dQImTJ5or3_CW9M9VzGR MCNyaw6uMnobrball 172 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNELZ24hsLO8VBG91PvLnrbe_pqPEg url=http://www.businessweek.com/news/2012-05-10/deutsche-bank-to-pay-202-dot-3-million-in-mortgage-fraud-accord)