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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

AMERICAN GREEDATHON!
Funny Money
Thursday, August 21st 7pm ET/PT
Rapper$ Delight/ Grapes of Greed
Thursday, August 21st 8pm ET/PT
Bank Robbing Broker
Thursday, August 21st 9pm ET/PT
A Most Generous Criminal
Thursday, August 21st 10pm ET/PT
$1.2 Billion Scam: Ft. Frauderdale
Thursday, August 21st 11pm ET/PT
Fool’s Gold
Thursday, August 21st 12am ET/PT
Sholam Weiss
Thursday, August 21st 1am ET/PT
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