Ex-mortgage exec charged in $1.9B fraud scheme
Posted by US Loan Auditors in
Mortgage Crisis on 07 6th, 2010 |
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By Inman News
The former chairman of mortgage lender Taylor, Bean & Whitaker has been arrested and charged for his alleged role in a $1.9 billion fraud scheme federal prosecutors said contributed to last year’s failure of Colonial Bank.
Lee Bentley Farkas and co-conspirators are accused of...