So, last week behind bars was Lee Farkas, the former CEO and chairman of the board of directors of American companies TBW - one the largest private mortgage agencies, under which up to the global crisis was $ 30 billion, says Est.

As reports Bloomberg, he is accused of embezzling $ 1.9 billion, as well as an attempt to illegally obtain $ 400 million of program funds to save the problem of bank assets (TARP).

Farkas filed 16 counts, including conspiracy, bank fraud, securities fraud, fraud with the use of electronic means of communication.

According to prosecutors, Farkas was on the road to fraud in 2002 when TBW was faced with the problems of cash payments book. To hide it, the businessman used an elaborate scheme to misappropriation of funds two organizations, which led financial affairs - Colonial Bank and Ocala Funding. From the Colonial Bank was stretched $ 400 million, of Ocala Funding - $ 1,5 billion

The prosecution believes that the scheme Farkas contributed bankruptcy TBW and Colonial Bank. By the way, the failure of Colonial Bank became the largest bank collapse in the U.S. in 2009.

According to Assistant U.S. Attorney General Lanny Breuer, scale and complexity of the fraud of its "author" draws to life imprisonment.