June 15, 2012
A Virginia federal judge on Friday sentenced a former Taylor Bean & Whitaker Mortgage Corp. executive to five years in prison for his role in what prosecutors have called a $2.9 billion fraud scheme that bilked investors and felled the lending giant.
June 11, 2012
The U.S. Department of Justice on Friday urged a Virginia federal judge to hand a former Taylor Bean & Whitaker Mortgage Corp. executive a seven-year prison sentence and order him to pay part of $2.6 billion in restitution for a fraud scheme that felled the lending giant.
March 20, 2012
The former chief financial officer of Taylor Bean & Whitaker Mortgage Corp. pled guilty Tuesday to aiding a $2.9 billion bank and securities fraud scheme that felled the lending giant and put several of its top executives behind bars.