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FBI expects increase in major financial bailout fraud cases
Investigations will focus on big-name companies and the cases are likely to be similar in scope and complexity to that of failed energy giant Enron, Deputy Director John Pistole tells a Senate panel.
Despite an expected wave of fraud in the trillion-dollar bailout that aims to stop the ongoing financial meltdown, federal law enforcement officials told Congress on Wednesday that they have nowhere near the level of resources to combat it.
Top FBI and Justice Department officials said they believed mortgage fraud and other types of corporate criminal behavior has contributed to the economic...
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