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View Full Version : Fannie Mae Silence on Taylor Bean Opened Way to $3 Billion Fraud - BusinessWeek



FraudNews
06-30-2011, 04:35 AM
Fannie Mae Silence on Taylor Bean Opened Way to $3 Billion Fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHzMdK-fBefzz5Dheb6v88FiKVsNA&url=http://www.businessweek.com/news/2011-06-30/fannie-mae-silence-on-taylor-bean-opened-way-to-3-billion-fraud.html)
BusinessWeek
By Tom Schoenberg June 30 (Bloomberg) -- The first sign of what would ultimately become a $3 billion fraud surfaced Jan. 11, 2000, when Fannie Mae executive Samuel Smith discovered Taylor, Bean & Whitaker Mortgage Corp. sold him a loan owned by someone ...

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