Episode 65: Financial Home Invasion

Case File

Financial Home Invasion

  • In this episode of American Greed … Lee Farkas was a fast talker and a master manipulator. The high-flying mortgage mogul was once the owner of Taylor, Bean & Whitaker, at the time one of the largest privately held mortgage-lending companies in the U.S. But Farkas was a con man. For more than a decade he peddled fake loans and looted his company leaving thousands of innocent homeowners to live mortgage nightmares. His lies led to one of the largest bank failures in U.S. history.
  • American Greed reveals the inner workings of a $3.5 billion mortgage scam!

Web Extras

  • Farkas Indictment Wednesday, 15 Aug 2012 | 5:24 PM ET

    Prosecutors leveled sixteen counts of mortgage, banking and securities fraud against Lee Farkas.

  • Farkas Letter to Employees Wednesday, 15 Aug 2012 | 5:29 PM ET

    Read the letter sent to Taylor Bean & Whitaker employees informing them of their last day of employment.

American Greed Showtimes

Financial Guru Gone Bad
Saturday, August 23rd 10pm ET/PT
Hackers: Operation Get Rich or Die Tryin’
Saturday, August 23rd 11pm ET/PT
Raffaello Follieri
Sunday, August 24th 10pm ET/PT
Crash and Burn
Sunday, August 24th 11pm ET/PT
The Mad Max of Wall Street
Sunday, August 24th 12am ET/PT
Suicide is Painless
Sunday, August 24th 1am ET/PT
Crash and Burn
Sunday, August 24th 3am ET/PT
Don't miss any "American Greed" episodes. Check the U.S. TV schedule for additional showtimes.