And it has Begun – Former Taylor Bean Chief Lee Farkas Charged With 16 Counts of Fraud

June 16 (Bloomberg) — Lee Farkas, the former chairman of Taylor, Bean & Whitaker Mortgage Corp., was accused by the U.S. of helping run a more than $1.9 billion fraud scheme that unsuccessfully attempted to steal money from the government’s Troubled Asset Relief Program. An indictment unsealed today in federal court in Alexandria, Virginia, alleges … Read more

More Bloodshed – Owners of Murder-Suicide Home Faced Foreclosure, 3-Year-Old Son, Shot at Least Three Times

ANAHEIM – A couple found dead in an apparent murder-suicide that also left their 3-year-old son critically wounded were awash in credit-card debt and about to lose their home to foreclosure, records show. Wayne and Herminia Zickefoose were found in their backyard with gunshot wounds to their heads, police said. Their 3-year-old son, shot at … Read more