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Saturday, 06/16/2012 9:06:52 AM

Saturday, June 16, 2012 9:06:52 AM

Post# of 9347
SEC & FBI Working ! ! !

U.S. Department of Justice
June 15, 2012 Office of Public Affairs (202) 514-2007/ (202) 514-1888

— filed under: Breaking News, Financial, Fraud, Press Release, White-Collar Crime

WASHINGTON—Delton de Armas, a former chief financial officer (CFO) of Taylor, Bean, & Whitaker Mortgage Corp. (TBW), was sentenced today to 60 months in prison for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW.

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