NEW YORK (Reuters) - A former London-based Credit Suisse trader pleaded guilty to a criminal conspiracy charge on Wednesday, and he is cooperating with a U.S. government investigation on writedowns of subprime mortgage derivatives at the height of the financial crisis.
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Ex-Credit Suisse manager pleads guilty in subprime probe
Posted by mortgage 103 days ago (Editorial)
UK trader pleads guilty over to hiding subprime losses
Posted by mortgage 111 days ago (Editorial)
A UK trader has pleaded guilty to overstating the value of mortgage-backed bonds when working at Credit Suisse at the start of the financial crisis.
2 ex-Credit Suisse employees guilty of mortgage fraud
Posted by mortgage 111 days ago (Editorial)
Two former Credit Suisse executives on Wednesday pleaded guilty to falsely inflating subprime mortgage-related bond prices as the US housing market tanked, authorities said.
Ex-CS manager pleads guilty in U.S. subprime probe
Posted by mortgage 111 days ago (Editorial)
NEW YORK (Reuters) - A former London-based Credit Suisse trader pleaded guilty to a criminal conspiracy charge on Wednesday, and he is cooperating with a U.S. government investigation on writedowns of subprime mortgage derivatives at the height of the financial crisis. David Higgs told a federal judge in New York that while he was a managing director in the investment banking division of Credit .
Ex-Credit Suisse trader pleads guilty in NY on subprime mortgages
Posted by mortgage 111 days ago (Editorial)
NEW YORK ? A former Credit Suisse trader has pleaded guilty in a federal probe that accused him of misleading investors in the subprime mortgage securities market. David Higgs also signed a cooperation agreement Wednesday while pleading guilty in Manhattan.
Ex-Credit Suisse traders plead guilty in subprime mortgage probe
Posted by mortgage 111 days ago (Editorial)
A worker in New York and a managing director in London admit they falsified the company's books to enhance their standing and boost their year-end bonuses as the housing market collapsed. Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running investigation into the subprime mortgage securities market that was expected to res
Man pleads guilty to CA mortgage fraud scheme
Posted by mortgage 132 days ago (Editorial)
The Associated Press The Associated Press SACRAMENTO, Calif. A former Sacramento-area mortgage broker accused of cheating lenders out of $19 million has pleaded guilty to federal identity theft and wire fraud charges. Under a plea deal reached Tuesday, Christopher Warren admitted bilking a Florida-based mortgage lender out of more than $7 million and getting more than $12 million in fraudulent ..
Lawyer found guilty in home mortgage fraud scheme
Posted by mortgage 166 days ago (Editorial)
A federal jury convicted a veteran Chicago criminal-defense lawyer Thursday of taking part in a $9 million mortgage fraud scheme that took advantage of unqualified home buyers in economically depressed neighborhoods in the city.
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