Abacus Bank Accused of Fraud - Wall Street Journal

[FraudNews]

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=AFQjCNEH6ENVcmVwm06Fkdaw23 MwI9-KHQamp;url=http://www.nydailynews.com/new-york/abacus-federal-savings-bank-accused-fraud-article-1.1087935img src=//nt2.ggpht.com/news/tbn/ApBFJWTctRGW-M/0.jpg alt= border=1 width=80 height=53 /br /font size=-2New York Daily 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=AFQjCNGPW63t56AF8CIx1j0mRT v8mLae3wamp;url=http://online.wsj.com/article/SB10001424052702303640104577438662957304408.html?m od%3Dgooglenews_wsjbAbacus Bank Accused of bFraud/b/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal/font/b/fontbr /font size=-1The indictment, which charges the bank with residential mortgage bfraud/b, securities bfraud/b, grand larceny and conspiracy, says the bank#39;s loan officers coached borrowers, who mostly worked in cash-only businesses in the city#39;s Chinatown neighborhood, b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFWNEcGhkOyVeKmkQ3Gj8 zw-j-NEAamp;url=http://www.businessweek.com/ap/2012-05/D9V3UV401.htmNYC bank indicted on mortgage bfraud/b charges/afont size=-1 color=#6f6f6fnobrBusinessWeek/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF9YWIp6o9qSsEsR3A49f fbZoeWdwamp;url=http://www.bloomberg.com/news/2012-05-31/abacus-bank-19-individuals-charged-in-fannie-mae-mortgage-fraud.htmlAbacus Bank, 19 People Charged in Fannie Mae Loan bFraud/b/afont size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFzwutHZIC-4heTxghBN3L7Mp38kQamp;url=http://www.sfgate.com/cgi-bin/article.cgi?f%3D/g/a/2012/05/31/bloomberg_articlesM4W61P6VDKJT01-M4WOD.DTLAbacus Bank, 19 People Charged in Fannie Mae Mortgage bFraud/b/afont size=-1 color=#6f6f6fnobrSan Francisco Chronicle/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEGQWYGfOY8i71B5djY7d AMngn9mQamp;url=http://www.reuters.com/article/2012/05/31/abacus-mortgage-fraud-idUSL1E8GV89520120531nobrReuters/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dbNFmJ7JRa0PTZMHVt3x P8wVkPDbMnobrball 188 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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