UPDATE 3-US charges ex-Jefferies exec with mortgage debt fraud

... said on Monday. The criminal case against Jesse Litvak, a former senior trader on Jefferies' trading floor in Stamford, Connecticut, is the first under a 2009 law banning "major fraud" against the United States through the Troubled Asset Relief ...



via Stamford Newswire http://www.reuters.com/article/2013/01/28/jefferies-mortgage-fraud-charges-idUSL1N0AXEG920130128?feedType=RSS&feedName=financialsSector