Former Mortgage Exec Pleads Not Guilty In VA | WAMU 88.5 - American University Radio

: News

Former Mortgage Exec Pleads Not Guilty In VA

Play associated audio

ALEXANDRIA, Va. (AP) A federal judge has set a November 1 trial date for the former head of a major mortgage lending company accused of scheming to steal more than half a billion dollars from the government's financial bailout fund.

U.S. District Judge Leonie Brinkema set the date despite protests from Lee Bentley Farkas' lawyer that it will be impossible for the defense to go through the millions of pages of documents in the case by that time.

Farkas pleaded not guilty Friday in Alexandria to charges including conspiracy, bank fraud and wire fraud in connection with the alleged plot at Taylor, Bean + Whitaker Corp.

Farkas still doesn't have a permanent lawyer in the case because his assets have been frozen. However, the government is expected to unfreeze some of them so that he can pay for his defense.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

NPR

Dressing Up As A T-Rex Is All Part Of The Job

Remember in Empire Strikes Back where Han Solo slices open the belly of a tauntaun so Luke can stay warm? That's not much different from how Eli Presser climbs into his T-Rex costume.
NPR

Plot To Poison Famed French Wine Makes For Gripping (Pinot) Noir

In Shadows in the Vineyard Maximillian Potter tells the true story of the legendary Romanée-Conti vineyard — and how it was held up for a 1 million euro ransom.
NPR

Congress Leaves Town Next Week, But Will Anyone Notice?

Next week is Congress's last before summer recess, which is often when a flurry of bills are pushed through Congress. This year, not so much, NPR's Ron Elving tells NPR's Scott Simon.
NPR

Tech Week: Industry Diversity, Digital Afterlives, Net Neutrality

The roundup: Twitter released a scorecard showing that its workforce is largely male and white. And what happens to our digital stuff after we log off for the last time?

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.