FDIC Watchdog Weighs Criminal Charges Against Bank Officials
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The Federal Deposit Insurance Corp.’s internal watchdog and the FBI are cooperating on about 50 cases of possible criminal violations involving former and current bank employees and customers, an official said.
The criminal investigations are being conducted independent of the previously confirmed civil lawsuits the bank regulator is pursuing against officers and directors of failed lenders, FDIC Deputy Inspector General Fred W. Gibson said today in a telephone interview.