Key Lending Exec Guilty in $2.9B Fraud
Lee Farkas, the founder of what was once one of America’s largest mortgage lenders, has been convicted of fraud in a huge scheme to bilk investors with bogus mortgages. Prosecutors said Farkas had orchestrated a plot in which the firm he chaired, Taylor, Bean & Whitaker, secretly overdrew Colonial Bank’s…
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Key Lending Exec Guilty in $2.9B Fraud
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on April 20, 2011. Filed under News, World News.
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