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Surprise! DoJ’s mortgage-fraud prosecutions claim turns out to be … fraudulent

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posted on Aug, 12 2013 @ 09:15 PM
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Well it seems they've done it again !!

The United States Department of Justice has apparently been caught red handed (again and again and again).

It seems they got it backwards this time.

Somebody must have taken the old saying 'fighting fire with fire' literally !!


Bloomberg News caught the Department of Justice in a particularly noteworthy Friday-night news dump over the weekend. The Obama administration, stung by accusations from the Left that it hadn’t gone after fraudulent mortgages and the lenders that helped fuel the bubble, claimed that a year-long initiative run by the Mortgage Fraud Working Group in the DoJ had charged 530 people who had victimized 73,000 people. When Bloomberg’s reporters began digging into the claim, the DoJ stonewalled — and then finally admitted it cooked the books themselves:



Now wait........in the stealth of a Friday.....sneekie.

The Justice Department made a long-overdue disclosure late Friday: Last year when U.S. Attorney General Eric Holder boasted about the successes that a high-profile task force racked up pursuing mortgage fraud, the numbers he trumpeted were grossly overstated.

We’re not talking small differences here. Originally the Justice Department said 530 people were charged criminally as part of a year-long initiative by the multi-agency Mortgage Fraud Working Group. It now says the actual figure was 107 — or 80 percent less. Holder originally said the defendants had victimized more than 73,000 American homeowners. That number was revised to 17,185, while estimates of homeowner losses associated with the frauds dropped to $95 million from $1 billion.



not the first time either!

This was the second time, mind you, that Holder’s Justice Department had pulled a stunt like this. In December 2010, Holder held a press conference to tout a supposed sweep by the president’s Financial Fraud Enforcement Task Force called “Operation Broken Trust.” (The mortgage-fraud program was part of the same task force.) As with the mortgage-fraud initiative, Broken Trust wasn’t actually a sweep. All the Justice Department did was lump together a bunch of small-fry, penny-ante fraud cases that had nothing to do with one another. Then it held a press gathering.



Looks like we've been hoodwinked !!

The DOJ ..... trust we can bank on !!



Surprise! DoJ’s mortgage-fraud prosecutions claim turns out to be … fraudulent


Follow all the links in the article for 'justification'



posted on Aug, 12 2013 @ 09:52 PM
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We're not talking small differences here. Originally the Justice Department said 530 people were charged criminally as part of a year-long initiative by the multi-agency Mortgage Fraud Working Group. It now says the actual figure was 107 -- or 80 percent less. Holder originally said the defendants had victimized more than 73,000 American homeowners. That number was revised to 17,185, while estimates of homeowner losses associated with the frauds dropped to $95 million from $1 billion.


Are you kidding me ?

Holder the highest LEO officer in this country is it highest crook of the land next to his boss of course.

Department of Injustice strikes yet again.

If he is fudging the numbers here I can guarantee that other topic in the news today is fudged as well.

You can't trust nothing that guy says.



posted on Aug, 12 2013 @ 10:10 PM
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reply to post by xuenchen
 


It's truly a sad state of affairs. All we can do is keep exposing lie upon lie upon lie from this bunch. It never ends. Every G---d--- thing that comes out of their mouths is either a new liberty-killing agenda or an outright lie—or, come to think of it, both.

What's worse is that even the local sockpuppet apologists have caught on, and their new argument seems to be: "Oh, it's really the PTB behind the throne...."



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