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Fed official Michelle Cook denies mortgage fraud allegations, calling them baseless; DOJ is reviewing, no charges filed.
Federal Reserve official Michelle Cook has strongly denied allegations of mortgage fraud, calling them "baseless" in a letter to the Department of Justice.
She maintained her innocence amid scrutiny over past real estate transactions, asserting that all her financial activities were lawful and properly reported.
The Justice Department is reviewing the claims, but no charges have been filed.
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La funcionaria de la Fed Michelle Cook niega las acusaciones de fraude hipotecario, llamándolas infundadas; el Departamento de Justicia las está revisando, sin cargos presentados.