Posted on 08/14/2013 4:53:03 PM PDT by jazusamo
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.
According to a memo circulated by the FBI and a correction posted online by the Justice Department, the number of defendants, the number of victims and the size of the losses are, in reality, a fraction of what officials claimed last October.
Attorney General Eric Holder and other law enforcement officials claimed in early October that the initiative charged 530 criminal defendants on behalf of 73,000 victims who suffered over $1 billion in losses. The so-called Distressed Homeowner Initiative, which targeted fraud schemes against distressed homeowners, was highlighted in a press release and press conference at the time.
Holder, talking to the cameras on Oct. 9, called it "a groundbreaking, year-long mortgage fraud enforcement effort."
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.
(Excerpt) Read more at foxnews.com ...
The list, Ping
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Where are all the Leftist “fact checkers” employed by liberal rags all over the US, who never seem to recognize the blatant lies of Obama, Holder et al ?
The SS lied? Imagine that!!
In a (somewhat) related story:
MYSTERY: Nation’s Debt Unchanged - for 87th Straight Day?!
http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000
Well, at least they weren’t lies by the top justice and law enforcement officials .... just a dumb white cracker and his black dancing partner!
And using the same math, the 0bozo administration is reporting on unemployment figures, GDP, crime statistics, ....
Heck, 50 years ago we referred to them as fibbies, it was in jest then.
Yeah. If we'd known then what we know now, we would not have been light-heartedly disrespectful.
Remember, the great unwashed, low educated, and overly rich but stupid liberals elected this administration.
You get what you want, except that they don’t go to jail where they belong.
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