Thursday, August 15, 2013

Lies, Damn Lies and Holder's DOJ

DOJ, FBI admit they inflated claims about mortgage fraud crackdown last year
The Justice Department and FBI have quietly acknowledged they grossly overstated the scope of a mortgage fraud crackdown, which the administration heralded with much fanfare a few weeks before last year's presidential election.
Lying to make Obama look good before the election. What a shock.
The real numbers, it turns out, were far smaller. The feds now admit that the number of criminal defendants charged was more like 107, not 530. The number of victims was 17,185 -- still a large number, but roughtly one fourth the size of the original headcount. And the losses totaled $95 million -- not $1 billion, as originally claimed.
Wow, that's an awful lot of made up criminal defendants. And the losses? That's no rounding error. We're talking serious deception here.

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