The former chief executive of failed mortgage lender Taylor, Bean & Whitaker Mortgage Corp. pleaded guilty to making false statements and fraud conspiracy charges in a $1.5 billion fraud case. Paul Allen, the sixth person to plead guilty to charges related to the fraud, faces up to five years in prison for each of two counts.
Failed mortgage lender CEO pleads guilty in $1.5 billion fraud case
April 1, 2011, 7:04pm
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio