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Wire Fraud

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Farkas could get 385 years in prison if DOJ has its way 

Jun 24, 2011By

The Justice Department requested former Taylor, Bean & Whitaker Chairman Lee Farkas receive a sentence of the maximum 385 years in prison for orchestrating the $2.9 billion fraud scheme that lasted from 2002 to August 2009. The DOJ filed a memo with the U.S. District Court for the Eastern District of Virginia Thursday requesting the term. A sentencing hearing for Farkas is scheduled for June 30.