Tag: Colonial Bank

30 Years is Better Than 385, I Guess

The government had asked for a prison sentence of 385 years for Lee Farkas, former chairman of Taylor, Bean & Whitaker Mortgage Corp., who was recently convicted in a $3 billion mortgage fraud scheme that also caused the collapse of Colonial

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Farkas Closing Arguments

Defense attorney Bruce Rogow made his closing argument in the mortgage fraud trial of Lee Farkas.  It’s so complicated I won’t attempt to explain . . . . . . but you can read about it here ( AP ).

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