Abacus bank acquitted of all charges in N.Y. mortgage fraud trial
June 04, 2015 at 12:32 PM EDT
NEW YORK, June 4 (Reuters) - Abacus Federal Savings Bank , which caters to the Chinese-American community in New York, New Jersey and Pennsylvania, was found not guilty on Thursday of all charges related to the sale of allegedly fraudulent mortgages to Fannie Mae, prosecutors and defense counsel said.