Prosecutor to Jury: Farkas and Others ‘Stole’ Money
ALEXANDRIA, Va. — On Monday, nearly two years after the collapse of his private home mortgage lending company and its main banking partner, Lee Bentley Farkas, named as the main architect of a $1.9 billion scheme that allegedly brought both down, took his place at the defense table here.On the opening day of a projected three-week trial, Farkas, the former chairman of defunct Taylor, Bean and Whitaker Mortgage Corp., watched as a 12-person jury, plus two alternates, were seated. Both sides presented opening statements to a packed courtroom later in the day, with U.S. District Judge Leonie M. Brinkema presiding.
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The ThanksUSA Scholarship Program is a non-partisan, charitable foundation seeking to provide need-based college, technical and vocational school scholarships for the children and spouses of the men and women of the United States armed forces. If selected as a scholarship recipient, the student will receive an award of $3,000 or up to the program costs, whichever is the lesser amount. Students are allowed to reapply in subsequent years if ThanksUSA is offering the same scholarship program.
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18 Con Artists Arrested for Real Estate Fraud Scams
- Brooklyn prosecutors announced the arrests of 18 con artists in 15 different real estate fraud cases Monday.The schemes ran the gamut from fraudulent reverse mortgages, to crooked loan modifications and deed theft.
Its apparent that real estate crime continues to plague the residents of Brooklyn, said District Attorney Charles Hynes, vowing to go after anybody who perpetrates a housing fast-one.
Monday, March 28th 2011, 1:48 PM
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