Financial Fraud: Fraud Cases

Shawn Henry Dept: Operation Broken Trust resulted from a 3 -month campaign organized by the White House's Financial Fraud Enforcement Task Force. U.S. Attorney General Eric Holder said Operation Broken Trust found fraud cases that cost investors $8.3 billion US. Evan Vucci/Associated Press, according to CBC. One Ponzi scheme in Texas defrauded 7,700 oil and gas investors of more than $485 million and a crackdown on financial fraud has led to charges against 343 defendants involving $8.3 billion in estimated losses, U.S. Attorney General Eric Holder said Monday. FBI executive assistant director Shawn Henry told a news conference the schemes brought to light show "the pervasiveness of the threat." As reported in the news.
@t fbi executive, ponzi scheme