President Obama’s Financial Fraud Enforcement Task Force STRIKES AGAIN! $200 Million Fraud

[ProSense]

President Obama’s Financial Fraud Enforcement Task Force STRIKES AGAIN! $200 Million Fraud

by War on Error

This is the real reason the 1% hate Obama. Unlike BushCo, Obama and Holder, along with the FBI are busting these criminals right and left. Crime has paid for too long. We have to end the corruption in America.

Keep in mind, Lanny Breuer is the DOJ Assistant Attorney General that Issa wanted Eric Holder to have resign. Very telling, Mr. Issa, very telling.*

Three Former Executives Convicted for Roles in $200 Million Fraud Scheme Involving Fair Financial Company Investors

WASHINGTON—Three former executives of Fair Financial Company, an Ohio financial services business, were found guilty for their roles in a scheme to defraud approximately 5,000 investors of more than $200 million, Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division; Joseph H. Hogsett, U.S. Attorney for the Southern District of Indiana; and Special Agent in Charge Robert Holley of the FBI in Indiana announced today.

Following an eight-day trial, a federal jury in the Southern District of Indiana returned its verdict late yesterday. Timothy S. Durham, 49, the former chief executive officer of Fair, was convicted of one count of conspiracy to commit wire and securities fraud, 10 counts of wire fraud, and one count of securities fraud. James F. Cochran, 56, the former chairman of the board of Fair, was convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and six counts of wire fraud. Rick D. Snow, 48, the former chief financial officer of Fair, was convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and three counts of wire fraud.

“Mr. Durham and his co-conspirators used lies and deceit as their business model,” said Assistant Attorney General Breuer. “They duped investors into thinking they were running a legitimate financial services company and misled regulators and others about the health of their failing firm. But all along, they were lining their pockets with other people’s money. The jury held them accountable for their crimes, and they each now face the prospect of significant prison time.”

“No matter who you are, no matter how much money you have, no matter how powerful your friends are, no one is above the law,” U.S. Attorney Hogsett said. “The office of the United States Attorney will not stand idly by to allow a culture of corruption to exist in this community, this state, or this country. The decision made in this courtroom sends a powerful warning that if you sacrifice the truth in the name of greed, if you steal from another’s American dream to try to make your own, you will be caught.”

It's not the first Financial Fraud conviction, either.

You can view the pages of Million Dollar Fraud Schemes at the FBI's website. Click here.

Below are a few examples of just how sick and wrong the criminal minds work, proving that the FBI and the DOJ MUST be given the resources to stop these Million Dollar Fraudsters.

But first, we must look at another IRRESPONSIBLE TACTIC used by the Bush Administration. The FBI Whitecollar Crime Division was gutted by BushCo, resulting in the near destruction of the World's Economy!

<...>

CHARTS SHOWING THE INCREASE IN TAKING DOWN THE CRIMINALS

First, the Bush Administrations abysmal record:



THE IMPROVEMENTS ARE EASY TO SEE:

Charts are found within Financial Crimes Report to the Public, Fiscal Years 2010-2011 (October 1, 2009 – September 30, 2011)

During FY 2011, cases pursued by the FBI resulted in 242 indictments/informations and 241 convictions of corporate criminals.



<...>



<...>



- more -

http://www.dailykos.com/story/2012/06/22/1102296/-President-Obama-s-Financial-Fraud-Enforcement-Task-Force-STRIKES-AGAIN-200-Million-Fraud

Another valuable link: http://www.stopfraud.gov/news-index.html

[banned from Kos]

1. Great! I read this 15 minutes ago. Love it.

I almost went back and signed on to rec.

[Tarheel_Dem]

2. Bookmarking!

[lamp_shade]

5. Me too. Lots to read here.

[ProSense]

30. More

here: http://www.democraticunderground.com/1002844790#post28

[freshwest]

39. Okay, bookmarking.

[HooptieWagon]

3. Thats all well and good...

But its like busting street level pushers while the Wall St Cartel heads are still free.

[banned from Kos]

4. CEO's can't be busted. They signed nothing.

The deals, bonds, mortgages, foreclosures, etc were all signed by underlings.

Quit listening to Taibbi and other know-nothings.

[abelenkpe]

6. K&R nt

[spanone]

7. k&r...

[malaise]

8. Shouldn't this be on TV and cable news

Hmmmmmmmmmmmmmmm

[LoisB]

9. I see a lot of this information on Bloomberg News every day. I often wonder why the so

many callers to talk shows deride both President Obama and A.G. Holder for not doing anything about Wall Street crime. They ARE!!

[malaise]

12. But most people don't know about it because it's not on TV

It's crazy

[freshwest]

40. 'I didn't see it on teevee! It never happened!' I know how that goes.

[Time for change]

10. Do you have a chart that shows financial institution fraud convictions in the Bush and Obama

administrations, or even going back earlier? I think that would be very interesting.

[brentspeak]

11. Report: Federal financial fraud prosecutions tumble to lowest level in 20 years

http://latimesblogs.latimes.com/money_co/2011/11/federal-financial-fraud-prosecutions-tumble-to-lowest-level-in-20-years.html

Federal financial fraud prosecutions tumble to lowest level in 20 years

Financial criminals are facing the lowest number of federal prosecutions in at least 20 years, according to a new report.

The government has filed 1,251 new prosecutions against financial institution fraud so far this fiscal year, according to the Transactional Records Access Clearinghouse at Syracuse University. If the same pace holds, federal attorneys will file 1,365 such cases by the end of the year –- the lowest number since at least 1991.

The report, compiled from Justice Department data gleaned through the Freedom of Information Act, considers crimes involving crooked mortgage brokers, bank executives with something to hide and accounts hiding illegal activity.

The expected volume of prosecutions by the end of 2011 would be 2.4% smaller than that of last year, 28.6% thinner than that of five years ago and less than half the amount from a decade ago. The number of federal bank fraud cases has slipped every year since 1999.

http://economix.blogs.nytimes.com/2011/11/15/prosecutions-for-bank-fraud-fall-sharply/

Prosecutions for Bank Fraud Fall Sharply

Federal prosecutions for financial institution fraud have tumbled over the last decade, despite the recent troubles in the banking sector, according to a new analysis of Justice Department data by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University.



This category can refer to crimes committed both within and against banks. Defendants include bank executives who mislead regulators, mortgage brokers who falsify loan documents, and consumers who write bad checks. (Here are some recent cases of bank fraud prosecutions.)

During the first 11 months of the 2011 fiscal year, the federal government filed 1,251 new prosecutions for financial institution fraud. If that pace continues, TRAC projects a total of 1,365 prosecutions for the fiscal year. That’s less than half the total a decade ago.

The decline in these new cases stands in contrast to the government’s broader approach to federal criminal prosecutions. Federal prosecutions for other crimes have grown tremendously, with the number of total new prosecutions filed for all federal crimes nearly doubling over the last decade.

[banned from Kos]

14. Fraud AGAINST banks falls to new lows

read your own dog food label.

[freshwest]

15. Thanks for that comment. I'm starting to like you, banned from Kos.

[girl gone mad]

19. The comment made no sense, had no sourcing..

is false if interpreted as an assertion that the decrease in bank fraud prosecutions reflect a decline in bank control frauds over the preceding years.

Have our standards really fallen this far?

[banned from Kos]

20. Source - the article quoted by Brent

This category can refer to crimes committed both within and against banks.

[Time for change]

22. Please point out where you think the article says that

What I read is "Prosecutions for Bank Fraud Fall Sharply".

There is a footnote at the bottom that says that such prosecutions include fraud within and against banks. Do you believe that any substantial portion of the bank fraud prosecutions noted in the chart apply to fraud against banks? If so, where do you get that information?

[freshwest]

25. Logic and humor above. Thanks.

[girl gone mad]

27. The very definition of control fraud.

As I said, your assertion that control fraud diminished in the years preceding the decline in prosecutions is completely false.

[Autumn]

24. A breakdown on the numbers would be interesting to see.

"crimes involving crooked mortgage brokers, bank executives with something to hide and accounts hiding illegal activity." I'm curious about the last one, accounts hiding illegal activity and how many prosecutions against consumers who write bad checks.

[JNelson6563]

13. Recommend and bookmark!

[Time for change]

16. Could you please explain the point you're trying to make

You have provided no information to show that prosecutions or convictions for financial fraud have improved under the Obama administration.

To the contrary, poster # 11 shows data indicating just the opposite -- that financial institution fraud prosecutions have reached new lows under the Obama administration -- despite the widely known criminal behavior of financial institutions during this period.

[goclark]

17. How sweet it is ~

Keep it coming!

[HiPointDem]

18. I'll be more impressed when they stop going after the small potatoes and go after the banksters

that crashed the economy.

[hobbit709]

21. My thought too.

[ProSense]

35. The

"I'll be more impressed when they stop going after the small potatoes and go after the banksters"

..."small potatoes" count.

Former Chief Investment Officer of Stanford Financial Group Pleads Guilty to Obstruction of Justice
http://www.stopfraud.gov/iso/opa/stopfraud/2012/12-crm-785.html

Former Corporate Chairman of Consulting Firm and Board Director Rajat Gupta Found Guilty of Insider Trading in Manhattan Federal Court
http://www.stopfraud.gov/iso/opa/stopfraud/NYS-120615.html

Hedge Fund Founder Raj Rajaratnam Sentenced in Manhattan Federal Court to 11 Years in Prison for Insider Trading Crimes
http://www.stopfraud.gov/news/news-10132011.html

CEO and Head Trader of Bankrupt Sentinel Management Indicted in Chicago in Alleged $500 Million Fraud Scheme Prior to Firm’s 2007 Collapse
http://www.stopfraud.gov/iso/opa/stopfraud/ILN-120601.html

Yahoo! Executive and California Hedge Fund Portfolio Manager Plead Guilty in New York for Insider Trading
http://www.stopfraud.gov/iso/opa/stopfraud/NYS-120521.html

Three Former Financial Services Executives Convicted for Roles in Conspiracies Involving Investment Contracts for the Proceeds of Municipal Bonds
http://www.stopfraud.gov/iso/opa/stopfraud/2012/12-at-620.html

Former Chairman of Taylor, Bean & Whitaker Sentenced to 30 Years in Prison and Ordered to Forfeit $38.5 Million
http://www.stopfraud.gov/news/news-06302011-2.html
http://www.stopfraud.gov/iso/opa/stopfraud/2012/12-crm-342.html

Former Chief Financial Officer of Taylor, Bean & Whitaker Pleads Guilty to Fraud Scheme
http://www.stopfraud.gov/iso/opa/stopfraud/2012/12-crm-342.html

Seattle Investment Fund Founder Sentenced to 18 Years in Prison for Ponzi Scheme and Bankruptcy Fraud
http://www.stopfraud.gov/iso/opa/stopfraud/WAW-120210.html

Former Hedge Fund Managing Director Sentenced to 20 Years for Defrauding 900 Investors in $294 Million Scheme
http://www.stopfraud.gov/iso/opa/stopfraud/ILN-111117.html

These hedge funds, or "small potatoes," reeked havoc on the economy during the last decade.

[HiPointDem]

36. and the prosecutions of morgan, citi, boa, etc?

[Time for change]

23. Since you haven't responded to my requests for clarification, I'll offer my own interpretation

You refer to the Bush administration's "abysmal record", yet you offer no explanation for how you arrive at the conclusion that his record is abysmal. I don't doubt that it is abysmal, compared to previous administrations, but the chart you show makes no comparisons with any other administrations, as it stops at 2007.

As for Obama's record, all you do is show charts of "fraud pending cases". Those charts mean nothing. Obviously, a large proportion of cases originating in 2007 will no longer be pending today, because we've had 5 years to resolve them, one way or the other -- even if they were resolved by means of the Obama administration dropping them.

The only chart that I see that makes a comparison of prosecutions for bank fraud by different administration is the one provided by brentspeak. That chart shows bank prosecutions declining substantially during the Bush administration, and then declining further, to the lowest levels in 20 years, in three years of the Obama administration.

Do you think that the fact that Obama's main source of campaign contributions come from the financial industry is unrelated to that?

[ProSense]

28. First of all,

You refer to the Bush administration's "abysmal record", yet you offer no explanation for how you arrive at the conclusion that his record is abysmal. I don't doubt that it is abysmal, compared to previous administrations, but the chart you show makes no comparisons with any other administrations, as it stops at 2007.

As for Obama's record, all you do is show charts of "fraud pending cases". Those charts mean nothing. Obviously, a large proportion of cases originating in 2007 will no longer be pending today, because we've had 5 years to resolve them, one way or the other -- even if they were resolved by means of the Obama administration dropping them.

The only chart that I see that makes a comparison of prosecutions for bank fraud by different administration is the one provided by brentspeak. That chart shows bank prosecutions declining substantially during the Bush administration, and then declining further, to the lowest levels in 20 years, in three years of the Obama administration.

...the information at the original link offers plenty to support that fact that Bush's record is "abysmal." If you don't "doubt that it is," why do you reject that information in search of more justification? You seem upset that Bush was worse than Obama.

The chart you cite shows prosecutions, not convictions. It's also not conclusive because it doesn't state what specifically it includes and appears to be related to bank fraud. Here's the reference:

This category can refer to crimes committed both within and against banks. Defendants include bank executives who mislead regulators, mortgage brokers who falsify loan documents, and consumers who write bad checks. (Here are some recent cases of bank fraud prosecutions.)

Goldman Sachs is not a bank. Still, even if it is bank fraud, it does offer more evidence of Bush's "abysmal" record, as these prosecutions dropped significantly during his Presidency.

The following is from the Financial Institution Fraud and Failure Reports for each fiscal year.



http://www.fbi.gov/stats-services/publications/fiff_00-01




http://www.fbi.gov/stats-services/publications/fiff-2002

(b): Types of Subjects Convicted in FIF Cases During FY 2007*
SUBJECT TYPE NUMBER OF SUBJECTS
Legal Alien 8
Illegal Alien 20
All Other Subjects 1,038
Bank Officer 88
Bank Employee 179
International or National Union Officer 1
President 1
Business Manager 2
Office Manager 2
Financial Secretary 1
Federal Employee - GS 12 & Below 1
State - All Others 1
Local Law Enforcement Officer 1
City Councilman 1
Possible Terrorist Member or Sympathizer 1
Company or Corporation 7
Local - All Others 2
Total 1,354

http://www.fbi.gov/stats-services/publications/fiff_06-07/fiff_06-07



http://www.fbi.gov/stats-services/publications/fiff_06-07/fiff_06-07

Remember this from the information you cited:

This category can refer to crimes committed both within and against banks. Defendants include bank executives who mislead regulators, mortgage brokers who falsify loan documents, and consumers who write bad checks.

Given the charts directly above and the break out for 2007, it appears that most of the convictions were not bank executives. In fact, the majority were bank "outsiders," likely meaning more bad-check writers and document falsifiers.

Also, bank fraud is separate from corporate fraud, mortgage fraud, and securities and commodities fraud.

The following is from the Financial Crimes Report to the Public for each fiscal year:
(Note: The 2005 report does not break out securities and commodities fraud. The 2010-2011 report is the only one that breaks out financial institution fraud. All reports show corporate fraud and mortgage fraud.)

Through Fiscal Year 2005, cases pursued by the FBI resulted in 497 indictments and 317 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. From July 1, 2002 through March 31, 2005, accomplishments regarding Corporate Fraud cases were as follows: $2.2 billion in Restitutions, $34.6 million in Recoveries, $79.1 million in Fines, and $27.9 million in Seizures. As Corporate Fraud statistical accomplishments were not provided before July 1, 2002, the following statistical accomplishments are reflective of this time frame through Second Quarter, Fiscal Year 2005.

http://www.fbi.gov/stats-services/publications/fcs_report2005/fcs_2005#CORPORATE

http://www.fbi.gov/stats-services/publications/fcs_report2005/fcs_2005#MORTGAGE

_________

During FY 2006, the FBI investigated 490 Corporate Fraud cases resulting in 171 indictments and 124 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. The following notable statistical accomplishments are reflective in FY 2006 for Corporate Fraud: $1.2 billion in Restitutions, $41.5 million in Recoveries, $14.2 million in Fines, and $62.6 million in Seizures. The chart below is reflective of the number of pending cases from FY 2002 through FY 2006.

http://www.fbi.gov/stats-services/publications/fcs_report2006

During FY 2006, the FBI investigated 1165 cases of Securities and Commodities fraud and recorded 302 indictments and 164 convictions. Many of these Securities Fraud cases are pending plea agreements or trials. The following notable statistical accomplishments are reflective in FY 2006 for Securities and Commodities Fraud: $1.9 billion in Restitutions, $20.6 million in Recoveries, $80.7 million in Fines, and $62.7 million in Seizures. The chart below is reflective of the number of pending cases from FY 2002 through FY 2006.

http://www.fbi.gov/stats-services/publications/fcs_report2006/financial-crimes-report-to-the-public-fiscal-year-2006#Securities

Through FY 2006, 818 cases investigated by the FBI resulted in 263 indictments and 204 convictions of Mortgage Fraud criminals. The following notable statistical accomplishments are reflective in FY 2006 for Mortgage Fraud: $388.9 million in Restitutions, $1.4 million in Recoveries, and $231 million in Fines. The chart below is reflective of the number of pending cases from FY 2003 through FY 2006.

http://www.fbi.gov/stats-services/publications/fcs_report2006/financial-crimes-report-to-the-public-fiscal-year-2006#Mortgage

___________

Through FY 2007, cases pursued by the FBI resulted in 183 indictments and 173 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. During Fiscal Year 2007, the FBI secured $12.6 billion in restitution orders and $38.6 million in fines from corporate criminals. The chart below reflects corporate fraud pending cases from Fiscal Year 2003 through Fiscal Year 2007 as follows: Fiscal Year 2003 - 279 cases; Fiscal Year 2004 - 332; Fiscal Year 2005 - 423; Fiscal Year 2006 - 486; and Fiscal Year 2008 - 529 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2007/fcr_2007#corporate

As of the end of Fiscal Year 2007, the FBI was investigating 1,217 cases of securities and commodities fraud and had already recorded 320 indictments and 289 convictions. Additional notable accomplishments in Fiscal Year 2007 include: $1.7 billion in restitution orders; $24 million in recoveries; and $202.7 million in fines. The chart below reflects securities and commodities fraud pending cases from Fiscal Year 2003 through Fiscal Year 2007 as follows: Fiscal Year 2003 - 937 cases; Fiscal Year 2004 - 987cases; Fiscal Year 2005 - 1,139 cases; Fiscal Year 2006 - 1,165 cases; and Fiscal Year 2007 - 1,217 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2007/fcr_2007#securities

Through Fiscal Year 2007, 1,204 cases resulted in 321 indictments and 260 convictions of mortgage fraud criminals. The following notable statistical accomplishments are reflective in Fiscal Year 2007 for mortgage fraud: $595.9 million in restitutions, $21.8 million in recoveries, and $1.7 in fines. The chart below reflects mortgage fraud pending cases from Fiscal Year 2003 through Fiscal Year 2007 as follows: Fiscal Year 2003 - 436 cases; Fiscal Year 2004 - 534 cases; Fiscal Year 2005 - 721 cases; Fiscal Year 2006 - 818 cases; and Fiscal Year 2007 - 1,204 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2007/fcr_2007#mortgage

______________

Through FY 2008, cases pursued by the FBI resulted in 158 indictments and 132 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. During FY 2008, the FBI secured $8.1 billion in restitution orders and $199 million in fines from corporate criminals. The chart below reflects corporate fraud pending cases from FY 2004 through FY 2008 as follows: FY 2004—332 cases; FY 2005—423; FY 2006—486; FY 2007—529; and FY 2008—545 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2008/financial-crimes-report-to-the-public#corporate

As of the end of FY 2008, the FBI was investigating 1,210 cases of securities and commodities fraud and had already recorded 357 indictments and 296 convictions. Additional notable accomplishments in FY 2008 include: $3.1 billion in restitution orders; $43.6 million in recoveries; $151.4 million in fines and $84.2 million in seizures. The chart below reflects securities and commodities fraud pending cases from FY 2004 through FY 2008 as follows: FY 2004—987cases; FY 2005—1,139 cases; FY 2006—1,165 cases; FY 2007—1,217 cases and FY 2008—1,210 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2008/financial-crimes-report-to-the-public#securities

Through FY 2008, 1,644 cases resulted in 560 indictments and 338 convictions of mortgage fraud criminals. The following notable statistical accomplishments are reflective in FY 2008 for mortgage fraud: $1.1 billion in restitutions, $3.3 million in recoveries, $3.1 million in fines, and 68 seizures valued at $476.7 million. The chart below reflects mortgage fraud pending cases from FY 2004 through FY 2008 as follows: FY 2004—534 cases; FY 2005—721 cases; FY 2006—818 cases; FY 2007—1,204 cases; and FY 2008—1,644 cases.

http://www.fbi.gov/stats-services/publications/fcs_report2008/financial-crimes-report-to-the-public#mortgage

____________

Through FY 2009, cases pursued by the FBI resulted in 153 indictments/informations and 156 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. During FY 2009, the FBI secured $6.1 billion in restitution orders and $5.4 million in fines from corporate criminals. The chart below reflects corporate fraud pending cases from FY 2005 through FY 2009 as follows: FY 2005— 423 cases; FY 2006—486 cases; FY 2007—529 cases; FY 2008—545 cases; and FY 2009—592 cases.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2009/financial-crimes-report-2009

As of the end of FY 2009, the FBI was investigating 1,510 cases of securities and commodities fraud and had already recorded 412 indictments/informations and 306 convictions. Additional notable accomplishments in FY 2009 include: $8.1 billion in restitution orders; $63.4 million in recoveries; $12.8 million in fines; and $126 million in seizures. The chart below reflects securities and commodities fraud pending cases from FY 2005 through FY 2009 as follows: FY 2005—1,139 cases; FY 2006—1,165 cases; FY 2007—1,217 cases; FY 2008—1,210 cases; and FY 2009— 1,510 cases.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2009/financial-crimes-report-2009#securities

Through FY 2009, 2,794 cases resulted in 822 indictments and 494 convictions of mortgage fraud criminals. The following notable statistical accomplishments are reflective in FY 2009 for mortgage fraud: $2.5 billion in restitutions, $7.5 million in recoveries, and $58.4 million in fines; 128 seizures valued at $5.06 million and 226 criminal indicted assets valued at $510.1 million. The chart below reflects mortgage fraud pending cases from FY 2005 through FY 2009 as follows: FY 2005—721 cases; FY 2006—818 cases; FY 2007—1,204 cases; FY 2008—1,644 cases; and FY 2009—2,794 cases.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2009/financial-crimes-report-2009#mortgage

_____________

During FY 2011, cases pursued by the FBI resulted in 242 indictments/informations and 241 convictions of corporate criminals. Numerous cases are pending plea agreements and trials. During FY 2011, the FBI secured $2.4 billion in restitution orders and $16.1 million in fines from corporate criminals. The chart below reflects corporate fraud pending cases from FY 2007 through FY 2011.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011/financial-crimes-report-2010-2011#Corporate

As of the end of FY 2011, the FBI was investigating 1,846 cases of securities and commodities fraud and had recorded 520 indictments/informations and 394 convictions against this criminal threat. Additional notable accomplishments in FY 2011 include: $8.8 billion in restitution orders; $36 million in recoveries; $113 million in fines; and $751 million in forfeitures. The chart below reflects securities and commodities fraud pending cases from FY 2007 through FY 2011.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011/financial-crimes-report-2010-2011#Securities

During FY 2011, cases pursued by the FBI resulted in 521 informations and indictments, and 429 convictions of FIF criminals. The following are notable statistical accomplishments in FY 2011 for FIF: $1.38 billion in restitutions; $116.3 million in fines; and seizures valued at $15.7 million. The chart below reflects pending FIF cases from FY 2007 through FY 2011.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011/financial-crimes-report-2010-2011#Financial-ins

Through FY 2011, FBI investigations resulted in 1,223 informations and indictments and 1,082 convictions of mortgage fraud criminals. The following notable statistical accomplishments are reflective in FY 2011 for mortgage fraud: $1.38 billion in restitutions; $116.3 million in fines; seizures valued at $15.7 million; and $7.33 million in forfeitures.

http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011/financial-crimes-report-2010-2011#Mortgage

Pending cases are important because they can still result in convictions.

[Time for change]

31. Why don't you just show us a chart - ANY chart - that compares convictions OR prosecutions for bank

fraud between the Obama adminisration and ANY other presidential administration.

I don't want to see a hundred pages of links. Just show us ONE comparison. Just ONE.

[ProSense]

32. Suggestion:

Why don't you just show us a chart - ANY chart - that compares convictions OR prosecutions for bank

fraud between the Obama adminisration and ANY other presidential administration.

I don't want to see a hundred pages of links. Just show us ONE comparison. Just ONE.

Use the data provided and make your own. I suspect you don't want to "see" that Obama is not worse than Bush ("ANY other presidential administration&quot .

BTW, the data smacks down the bullshit talking points.

[Time for change]

33. Your whole post is bullshit

You provide no data to support what you say.

I would like to see Obama have a good record on prosecuting bank fraud. I would love to see that. But I don't appreciate people making stuff up like you do.

[ProSense]

34. Typical

Your whole post is bullshit

You provide no data to support what you say.

I would like to see Obama have a good record on prosecuting bank fraud. I would love to see that. But I don't appreciate people making stuff up like you do.

...say anything nonsense. You have no response. As for the rest, bullshit!

[Time for change]

38. You can't even come up with a single comparison to make your point

Your response to my request to do so is for me to make the chart myself -- from the data that you DID NOT provide.

What a transparent copout.

[bigtree]

26. kick

[ProSense]

29. Kick! n/t

[Scurrilous]

37. K & R