FBI investigates possible loan fraud at IndyMac (AP)

By newscrape.com in Business on July 16th, 2008

IndyMac customers sit and wait as they try to get their money back from the bank, Tuesday July 15, 2008 in Encino, Calif. Some 200 anxious, embittered and sometimes angry customers swarmed an IndyMac bank branch, Tuesday, creating a Depression Era-like scene in the city's San Fernando Valley, as they demanded their money back. (AP Photo/Nick Ut)AP - The Associated Press has learned that now-defunct IndyMac Bancorp Inc. is under investigation for possible fraud in connection with home loans made to risky borrowers.


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