Archives For Air Loans

Julian Martin Gaspar Vazquez, 52, Mexico, was sentenced on May 22, 2015, by United States District Judge William P. Dimitrouleas, to forty-one months imprisonment, to be followed by five years of supervised release for executing a $4 million dollar bank fraud scheme.

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Teresa Wieringo Humphries, 60, Madison Heights, Virginia, the former head teller of the Lynrocten Credit Union, Lynchburg, Virginia, was sentenced on federal embezzlement charges for her role in a scheme whereby she, and the manager of the credit union, used unauthorized and fraudulent origination of loans in the names of credit union members to embezzle and steal funds from the credit union’s deposits.

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Delton de Armas, a former chief financial officer of Taylor, Bean, & Whitaker Mortgage Corp., was sentenced to 60 months in prison for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW.

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Manuel Garcia, 70, Los Angeles, California, was sentenced in Santa Fe, New Mexico district court, to a 13-month prison sentence, to be followed five years of supervised release, for his bank fraud conviction.

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Lee Bentley Farkas,  58, Ocala, Florida, the former chairman and owner of Taylor, Bean & Whitaker (TBW), was sentenced to 30 years in prison and ordered to forfeit approximately $38.5 million for his role in a more than $2.9 billion fraud scheme that contributed to the failure of Continue Reading...

Lee Bentley Farkas, the former chairman of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), was convicted for his role in a more than $2.9 billion fraud scheme that contributed to the failures of Colonial Bank, one of the 25 largest banks in the United

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Raymond Bowman,  45, Atlanta, Georgia, the former president of Taylor, Bean & Whitaker (TBW), pleaded guilty to conspiring to commit bank, wire, and securities fraud and lying to federal agents about his role in a fraud scheme that contributed to the failures of TBW

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