Minnesota Finance, Banking and Mortgage Fraud Attorney

Finance, Banking and Mortgage Fraud

Financial and banking institutions must carefully monitor funds they handle in order to operate legally and within the law. The Federal Housing Administration (FHA) insures residential mortgages by banks, and the law makes providing false information from or about the borrower a violation of the False Claims Act.

In 2012, the Bank of America was fined $1 billion as a result of findings of fraud in its underwriting of loans to unqualified borrowers through an affiliate, Countrywide Financial during the 2008 financial crisis. The loans were made based on inflated property appraisals, leading to huge financial losses by the FHA. Another whistleblower lawsuit against Citigroup, resulted in a finding that Citigroup Bank defrauded the government by falsely certifying that its loans met FHA standards. Citigroup paid $158 million in fines.

The law firm of Tarshish Cody PLC will discuss your knowledge of finance, banking, or mortgage fraud, and assist in pursuing your legal rights in court and claims for whistleblower funds that may be owed you. Call 952-361-5556 (or fill out the free case evaluation form below).

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Tarshish Cody Honored to Announce Three Attorneys Selected as 2019 Minnesota Super Lawyers Rising Stars

July 18, 2019 — Minneapolis, MN:  Tarshish Cody attorneys Benjamin Tarshish, Scott Cody, and Adam Strauss were selected to the 2019 Minnesota Super Lawyers Rising Star list.  Tarshish Cody partner, and chair of both the Employee Rights and False Claims Act/Whistleblower practice groups, Scott Cody was selected for the 2nd consecutive year. This was also […]

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Scott Cody Selected To The 2019 Minnesota Super Lawyers Rising Stars List

7/18/2019 – Scott Cody has been selected to the 2019 Minnesota Super Lawyers Rising Stars list. Each year, no more than 2.5 percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers […]

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