Deloitte sued for $7.6B in mortgage fraud case (AP)

AP - A pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation's largest accounting firms, should pay $7.6 billion in damages for failing through years of audits to detect massive fraud at a now-defunct Florida mortgage company.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20110926/ap_on_bi_ge/us_mortgage_fraud_accounting_lawsuit

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