Anonymous, the internet hacking group sympathetic to WikiLeaks, has revealed internal Bank of America (BofA) email correspondence purporting to show employees of a subsidiary, Balboa Insurance, discussing removing documents from files relating to homes insured by the company.
The former employee who leaked the emails to Anonymous says they show BofA engaged in fraud during the foreclosure process, but the lack of context makes it impossible to judge from the emails themselves. BofA said: "We are confident that his extravagant claims are untrue."
Bank of America has been bracing itself for controversy since WikiLeaks founder Julian Assange claimed that his organisation had received damaging internal emails from within a major US bank. It is unclear whether the emails obtained by Anonymous are the emails referred to by Mr Assange.