UPDATE 1-Abacus bank acquitted of grand larceny, conspiracy in New York
NEW YORK, June 3 (Reuters) - Abacus Federal Savings bank , which caters to the Chinese-American community in New York, New Jersey and Pennsylvania, was found **t guilty of grand larceny and conspiracy on Wednesday after a three-month trial for the alleged sale of hundreds of millions of dollars worth of fraudulent mortgages to Fannie Mae, lawyers involved in the case said.