Wells Fargo fails to win dismissal of U.S. mortgage fraud case

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Wells Fargo fails to win dismissal of U.S. mortgage fraud case

Wells Fargo fails to win dismissal of U.S. mortgage fraud case

Government always knew these cartels were going to break the law from the day they were endorsed!


Reuters-

A federal judge rejected Wells Fargo & Co’s bid to dismiss a lawsuit accusing the largest U.S. mortgage lender of defrauding the government by lying about the quality of mortgages it submitted for insurance coverage.

U.S. District Judge Jesse Furman in Manhattan on Tuesday said the U.S. Department of Justice might pursue all its federal statutory claims against Wells Fargo, which is also the fourth-largest U.S. bank.

[REUTERS]

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