Tag Archives: Fraud

Audit Notes: Energy Economy, Fraud Fight, Worst Banking Crisis

The announcements, coupled with the arrest Tuesday of the former chairman of a large Florida mortgage company on charges of engineering a $1.9-billion fraud, illustrate the two levels of misconduct the government is going after. The Washington Post’sSource: Columbia Journalism Review

Feds: Proposed private bailout for failed Colonial Bank was part of a $1.9 billion fraud

Lee Farkas, the former chairman and majority owner of Ocala-based Taylor Bean, was indicted Tuesday in Alexandria,…Source: Everything Alabama