Man Charged for False Statements Concerning Multi-Million Dollar Loans
Written by Administrator on January 5th, 2012John Farahi, 54, Bel Air Estates, California, a former investment fund manager, was charged with defrauding investors out of millions of dollars by falsely promising investors their money would be used to purchase loans and corporate bonds backed by the federally funded TARP and then collaborating with his corporate counsel to cover-up the fraud.
Mortgage Fraud Blog – Perp Walk
Tags: Charged, Concerning, Dollar, False, Loans, MultiMillion, Statements
