A bombshell scandal at Fannie Mae has ripped the lid off a festering crisis: over 100 employees were fired for unethical conduct, including facilitating fraud, as announced by the FHFA on April 8, 2025. But the real outrage lies in what they’re not telling us—how many of these fraudsters were H-1B or L-1 visa workers, and why does it seem like the Telugu ethnic group from India is at the heart of this mess? At White Collar Workers of America, we’re demanding answers, because this isn’t just about fraud—it’s about the betrayal of American workers and the unchecked abuse of visa programs that’s rotting our institutions from the inside out.
Fraud at the Heart of America’s Housing Market
Fannie Mae, a government-sponsored enterprise critical to the U.S. housing market, fired over 100 employees for “unethical conduct, including facilitating fraud,” according to the FHFA. William J. Pulte, Fannie Mae’s Chairman, called it a direct threat to the housing industry’s safety and soundness. This isn’t a minor oopsie—fraud at Fannie Mae can ripple through the mortgage market, jacking up costs for American homeowners and destabilizing an already shaky economy. Fraud is a crime. Any arrests? Where’s the accountability?
The H-1B Cover-Up: Visa Workers at the Core?
Here’s where it gets uglier. @NeilMunroDC dropped a bombshell: Fannie Mae isn’t saying how many of these 100 fired employees were H-1B or L-1 visa workers, but “prior patterns suggest a disproportionate share are subcontractors’ visa workers.”
The Economic Policy Institute (EPI) backs this up, noting that outsourcing firms like Infosys and Tata, which dominate H-1B hiring, have a history of replacing Americans with cheaper visa labor—think Disney, Southern California Edison, and now, apparently, Fannie Mae. With 600,000 H-1B workers across 50,000 employers, it’s no stretch to believe a chunk of Fannie Mae’s fraudsters were visa holders. Why the secrecy? Americans deserve to know if the H-1B program, meant to fill labor shortages, is instead fueling fraud in our most critical institutions.
Telugu Ethnicity Scandal: A Hiring Conspiracy?
The plot thickens with @arctotherium42’s explosive claim: “100% of the perpetrators are Telugu ethnic from India & its a mix of H1Bs, GC (LPRs), Citizens.” They add that Freddie Mac fired over 200 for similar reasons, and since Fannie Mae is three times larger with “3 times more Telugus,” the real number of involved employees could be far higher. If true, this points to a shocking ethnic hiring bias. The Telugu community, largely from Andhra Pradesh, has a strong presence in U.S. tech and finance, often through H-1B visas.
But as @WallStreetApes noted in a related post, 90% of H-1B holders are Indian, and 70% are upper-caste, creating a “caste mafia” that hires based on ethnicity, not merit. At Fannie Mae, this alleged Telugu dominance suggests a nepotistic network that excluded Americans, enabling fraud to fester unchecked.
A National Security Crisis in Plain Sight
This scandal isn’t just about jobs—it’s a national security nightmare. Fannie Mae handles sensitive financial data tied to the U.S. housing market, a cornerstone of our economy. If H-1B workers, particularly from a single ethnic group, were facilitating fraud, what else might they have compromised? DOGE has been “150% remiss” in exposing the risks of foreign workers in government roles. Earlier posts on this site highlighted similar concerns with Deloitte, where H-1B workers on government contracts posed potential data leak risks. At Fannie Mae, the stakes are even higher—fraud here could mean manipulated mortgage data, inflated housing costs, or worse, vulnerabilities exploited by foreign entities. This isn’t speculation; it’s a five-alarm fire, and we’re asleep at the wheel.
The Secret Money Trail: A Ponzi-Like Scheme in Mortgage Data
Here’s a hidden truth that’s just starting to emerge: the fraud at Fannie Mae may involve a Ponzi-like scheme orchestrated through manipulated mortgage data, and H-1B workers could be the linchpin. Sources close to financial regulators (not yet public but whispered in insider circles) suggest that some of the fired employees were part of a ring that falsified mortgage-backed securities data to inflate Fannie Mae’s portfolio value. This wasn’t just unethical—it was a deliberate attempt to siphon funds through shell companies, many of which were set up in India by Telugu subcontractors. The scheme allegedly exploited Fannie Mae’s reliance on H-1B subcontractors for data processing, allowing these workers to embed fraudulent entries that funneled millions to offshore accounts. If true, this isn’t just fraud—it’s a financial conspiracy that could have crashed the housing market, and we’re only now uncovering the depth of the deception.
The Covert Political Lobby: Telugu Networks Influencing Policy
Here’s another secret that’s been flying under the radar: Telugu-dominated networks within Fannie Mae and Freddie Mac may have been quietly lobbying to protect H-1B and L-1 visa programs, using their positions to influence policy at the highest levels. A 2025 whistleblower report (not yet mainstream but circulating among advocacy groups) alleges that a group of Telugu executives, some of whom were among the fired employees, formed an informal lobbying coalition to pressure lawmakers into maintaining visa quotas for Indian workers. They reportedly funneled donations through Telugu community organizations to key congressional figures, ensuring that oversight of visa workers in GSEs remained lax. This covert influence explains why Fannie Mae hasn’t disclosed the visa statuses of the fired employees—it’s not just negligence; it’s a deliberate cover-up to protect a powerful ethnic network that’s been gaming the system for years.
X Tried to Silence Us—But We’re Back
After publishing our latest article exposing Deloitte’s 15:1 offshore ratio and H-1B abuse, X sent us to X jail for 24 hours, likely due to the hard-hitting truth we uncovered. They can try to silence us, but we’re back now, stronger than ever, and ready to keep fighting for American workers. The powers that be don’t want you to know about scandals like Fannie Mae’s, but at White Collar Workers of America, we’ll never stop shining a light on the corruption that’s stealing our jobs and our future.
Trump and DOGE: Time to Clean House
President Trump and DOGE must act now. First, demand full transparency from Fannie Mae—release the visa statuses of every fired employee. Second, cancel all H-1B and L-1 visas tied to GSEs like Fannie Mae and Freddie Mac. 850,000 H-1B visas have already stolen jobs from 750,000 American STEM grads over a decade; we can’t let this continue. Third, investigate the Telugu hiring network for discrimination, fraud, and political influence, ensuring American workplaces aren’t overrun by imported biases and corruption. Musk, who’s been quiet on H-1B lately, needs to use his DOGE platform to champion American workers, not visa abusers.
At White Collar Workers of America, we’re done watching our institutions crumble under visa abuse, ethnic hiring scandals, and hidden financial conspiracies. Share this with @realDonaldTrump and @elonmusk. Demand they end H-1B abuse, expose the truth at Fannie Mae, and put Americans back in charge. Our housing, our jobs, our country—time to take it all back!
White-Collar Workers of America 