Ex-Jefferies trader charged with defrauding TARP

A former trader and managing director at the investment bank Jefferies & Co. was arrested Monday after being charged with defrauding investors and the government in the sale of mortgage-backed securities. Jesse Litvak, 38, is accused of inflating the cost of mortgage bonds when brokering sales by…

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Ex-Jefferies trader charged with defrauding TARP

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