• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2008 / September / 23 / FBI Investigating Fannie, Freddie, Lehman Bros. and AIG for Possible Accounting Misstatements

FBI Investigating Fannie, Freddie, Lehman Bros. and AIG for Possible Accounting Misstatements

By Securities Docket on September 23, 2008, 11:08 pm

Add one more investigation to the growing list already facing Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc. and AIG.  Bloomberg reports that the FBI is now investigating these companies as part of a probe of 26 companies related to the collapse of the subprime-mortgage market.

The FBI is looking into possible accounting misstatements, Bloomberg reports, and the investigations are at a preliminary stage.  According to the article, other companies under FBI investigation may include IndyMac Bancorp Inc. and Countrywide Financial Corp., which has since been bought by Bank of America Corp.

The SEC is also reportedly investigating Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc. and AIG for civil violations.

Read the Bloomberg article

Blog Widget by LinkWithin

Posted in Criminal | Tagged Features, Financial Fraud, Investigations

« Previous Next »

‘Enforcement 40’ for 2020

Securities-Docket_Medium-Rectangle_CaseStudyArrow

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.