Attorney General Eric Holder this week appointed Michael Bresnick as the new executive director of President Obama's financial fraud enforcement task force, which includes mortgage oversight.
Bresnick has been investigating and prosecuting fraud cases at the federal level for the past eight years.
Most recently, he worked as an assistant chief in the fraud section of the Department of Justice. In this role, he supervised a team of attorneys that investigated and prosecuted a variety of financial crimes, including mortgage and bank fraud.
Bresnick began his career as a federal prosecutor in 2003 as an assistant U.S. attorney in Philadelphia. Before becoming a federal prosecutor, he worked at the New York-based law firm Weil, Gotshal & Manges focusing on white-collar crime and business litigation.
The financial fraud enforcement task force was created in November 2009 to improve the efforts between federal, state and local government officials when investigating and prosecuting individuals who commit financial crimes.
“The task force is a powerful weapon in the Department of Justice's ongoing battle against financial fraud like mortgage scams, Ponzi schemes and other predatory behaviors that victimize our families, friends and neighbors and wreak havoc on our financial system,” Holder said. “I am pleased that Michael will bring his wealth of experience and energy to this critical mission.”
