Feds Foil Plot by Former Contract Worker, Rajendrasinh Makwana, to Destroy all Data on Fannie Mae's 4K Computer Servers Nationwide

The Justice Department said that it has foiled a plot by Rajendrasinh Makwana, a fired Fannie Mae contract worker in Maryland to destroy all the data on the mortgage company's 4,000 computer servers nationwide. Great. Another reason for Fannie Mae to have grovelled for more money from the federal government.

The U.S. Attorney's Office says 35-year-old Makwana, of Glen Allen, Va., is scheduled for arraignment Friday in U.S. District Court in Baltimore on one count of computer intrusion. U.S. Attorney Rod Rosenstein said that Makwana was fired on Oct. 24. On that day, the feds have alleged that Makwana programmed a computer with a malicious code that was set to spread throughout the Fannie Mae network and destroy all data this Saturday.

So, not only can't Fannie Mae manage its books, it cannot manage its IT staff as well. Wow.