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Is FEMA bailing out the rich? FBI investigates suspect flood maps
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The Federal Bureau of Investigation (FBI) has begun to investigate employees at the Federal Emergency Management Agency (FEMA) after NBC News came out with findings that allege the government agency remapped federal flood maps to exclude numerous waterfront properties with a history of flood damage, NBC News reported.
The FBI has interviewed employees of FEMA in Washington over the past couple weeks to assess the report’s findings. The bureau has also interviewed and obtained documents from associated parties outside of FEMA, such as agencies that evaluate FEMA’s map changes.
The findings of NBC’s report show more than 500 instances where at-risk coastal properties have been excluded from the highest-risk flood zone designation, which has enabled some owners to save as much as 97 percent on their flood insurance premiums.
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