Pols Urge FBI To Expedite Probes Of Financial Fraud


Federal agents and prosecutors are accelerating their probes of some financial fraud cases amid growing public demand for a quicker crackdown on Wall Street misdeeds, FBI Director Robert Mueller told Congress on Wednesday. Lawmakers prodded Mueller to move faster to bring charges against suspected swindlers in the wake of the global economic collapse, according to the Associated Press.

“I get the question all the time, ‘What’s going on? Where’s the accountability? Who’s going to jail?’,” Sen. Arlen Specter, R-Pa., said at a hearing of the Senate Judiciary Committee. Mueller had just finished explaining that the bureau has seen its mortgage fraud cases balloon to more than 2,000, in addition to more than 566 open corporate fraud investigations. Lawmakers urged him to hurry up and act to show that the government is aggressively policing Wall Street. Agents are orking with federal prosecutors “for what we call fast-track prosecutions in a number of areas,” Mueller answered.

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