Authors Posts by SIGTARP
SIGTARP

SIGTARP

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) is a federal law enforcement agency that targets financial institution crime and is an independent watchdog protecting taxpayer dollars.

SIGTARP works across jurisdictions to investigate all organizations and individuals involved in TARP programs. Our analytical, experience-based approach identifies hidden crime and we work with the U.S. Department of Justice to hold accountable individuals and financial institutions that break the law. SIGTARP audits protect taxpayer dollars while improving TARP programs.

Contact:

Phone:(202) 622-1419 (General Press Inquiries: (202) 927-8940)
Fax:(202)-622-4559

SIGTARP

FINAL DEFENDENT SENTENCED IN PIERCE COMMERCIAL MORTGAGE FRAUD INVESTIGATION

The final defendant in a long running investigation of mortgage fraud at Pierce Commercial Bank was sentenced today in U.S. District Court in Tacoma, announced Special Inspector General for the Troubled Asset Relief Program Christy Goldsmith Romero and U.S. Attorney Annette L. Hayes. Between 2005 and 2008, Ben Leske, 40, of Puyallup, worked as a loan officer for PC Bank Home Loans, a division of Pierce Commercial Bank. Leske pleaded guilty in May 2017, to making false statements on loan applications.

ALLY FINANCIAL AGREES TO PAY $52 MILLION TO RESOLVE INVESTIGATION INTO IMPROPER CONDUCT RELATED...

Ally Financial Inc. has agreed to pay the United States $52 million to settle allegations that its subsidiaries acted improperly in relation to 10 subprime residential mortgage backed securities (RMBS) in 2006 and 2007.