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KM Financial Solutions | UPDATE 3-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown
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UPDATE 3-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown

02 May UPDATE 3-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown

Posted at 20:21h in News by
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May 3 (Reuters) – U.S. prosecutors cracking down on
deceptive mortgage bond trading practices on Thursday suffered
dual losses as a federal appeals court overturned an
ex-Jefferies Group trader’s conviction and a jury
acquitted a former Cantor Fitzgerald employee.

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