PPP KINGDOM

PPP KINGDOM

MORTGAGE EXECUTIVE RECEIVES 30 YEAR PRISON SENTENCE FOR A $2.9B MORTGAGE FRAUD

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A federal judge on Thursday sentenced 58 year old Lee B. Farkas, a former mortgage industry executive accused of masterminding one of the largest bank fraud schemes in history, to 30 years in prison.

BEFORE

http://dealbook.nytimes.com/2011/06/30/mortgage-executive-receives-30-year-sentence/

http://www.mainjustice.com/2011/04/20/breuer-trumpets-guilty-verdict-in-2-9-billion-financial-fraud/

AFTER
  A federal agent escorted Lee B. Farkas, a former mortgage industry executive, after a court appearance in June 2010 in Ocala, Fla.

Best Regards,

FINANCIAL WARRIOR

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