News

Fannie Mae Layoffs: 200 Indian-Americans, many linked to Telugu groups, fired on ‘ethical grounds’ after donation scam
US-based financial company Fannie Mae has allegedly laid off 200 Indian-American employees from its team, with the majority ...
India Today on MSN4h
US giant Fannie Mae fires 200, mostly Telugus, over salary fraud: Report
US mortgage giant, Fannie Mae, has laid off 200 employees, mostly Telugus, over salary fraud, according to a report. The ...
PTC News2h
Fannie Mae fires 200 Indian-American employees over alleged donation fraud; Telugu nonprofits under scrutiny
The Washington DC-based entity is a government-sponsored enterprise that plays a crucial role in the US housing finance ...
Fannie Mae Fires More Than 100 Employees Over 'Unethical Conduct'—Including Fraud
"Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company. Anyone who commits fraud ...
Congressman Suhas Subramanyam launches probe into Fannie Mae after mass firings of Indian Americans
Indian American Congressman Suhas Subramanyam has launched an enquiry into Fannie Mae’s mass firing of 700 employees, mostly ...
National Mortgage Professional6d
Over 100 Fannie Mae Workers Terminated Over Alleged Fraud
Just weeks after his confirmation as Director of the Federal Housing Finance Agency (FHFA), Bill Pulte is making swift moves ...
US company lays off 200 Indian-Americans in 'donation scam' related to Telugu organisations; similar to firing at Apple
Fannie Mae recently laid off 700 employees, with approximately 200, predominantly of Telugu origin, dismissed on ethical ...
Indiatimes6d
US company lays off 200 Indian-Americans in 'donation scam' related to Telugu organisations; similar to firing at Apple
Fannie Mae recently laid off 700 employees, with approximately 200, predominantly of Telugu origin, dismissed on ethical grounds. These layoffs are reportedly linked to misuse of the 'matching ...
India Tribune3d
US Federal mortgage company Fires 200 In 'Donation Scam' Related To Telugu Organizations
In a sweeping move that has sent ripples through the Indian-American community, particularly among Telugu professionals, U.S. federal mortgage agency Fannie Mae has laid off approximately 700 ...