Justice Department drops inquiry into alleged Fannie Mae accounting fraud Joshua Pantesco at 11:44 AM ET
[JURIST] Government-sponsored mortgage dealer Fannie Mae [Federal National Mortgage Association website] announced Thursday that the US Department of Justice (DOJ) has discontinued its two-year investigation [press release] into alleged accounting violations, though criminal prosecutions could still be brought against individual employees. Fannie Mae was notified by the US Attorney for the District of Columbia [official website] that "it does not plan to file charges against the company."
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