US prosecutors will continue interviewing former American International Group Inc. executive Joseph Cassano today as they weigh whether to bring criminal charges related to the insurer’s collapse, according to a person familiar with the discussions.

The interview of Cassano began yesterday in Washington as prosecutors wrap up a probe into whether AIG executives misled investors and auditors about subprime mortgage-related losses, according to the person, who declined to be identified because the talks are confidential. The Securities and Exchange Commission participated in the interview, the person said.

The Justice Department and civil investigators from the SEC are examining comments by Cassano, the former chief executive officer of AIG’s Financial Products division, and other AIG executives in 2007.

bloomberg.com