School Board candidate Bobby James slams opponent as 'Hindu Jane' Police, community and calendar bri

A former Orlando bank executive on Wednesday travel systems for baby pleaded guilty in federal court to her involvement in a massive fraud scheme travel systems for baby that led to the demise of Taylor, Bean and Whitaker Mortgage Corp. and Colonial Bank.
Kissick was Colonial Bank's senior vice president and director of its Orlando-based Mortgage Warehouse Lending Division. She was charged with one count of conspiracy to commit bank fraud, wire fraud and securities fraud for assisting the Ocala-based private mortgage lender with covering its operating expenses through fraudulent means.
"Although the defendant did not personally travel systems for baby receive funds paid out by Colonial Bank to TBW as a result of the scheme travel systems for baby to defraud, she knowingly and intentionally placed Colonial travel systems for baby Bank and (parent company) Colonial BancGroup at significant risk of incurring travel systems for baby losses," federal prosecutors outlined in a statement of facts Wednesday.
Lee Farkas, Taylor Bean's former chairman and alleged mastermind behind a $1.9 billion fraud scheme that began in 2002 and continued through August 2009, is the only player under indictment. He is set to stand trial April 4 in Virginia.
Kissick, along with her co-conspirators, is accused, among other things, of concealing Taylor Bean's overdrafts by "sweeping" money from one account to another; causing Taylor travel systems for baby Bean to sell Colonial fictitious travel systems for baby trades or mortgage loan assets that didn't exist; and engaging in false sales to deceive regulators, auditors travel systems for baby and other managers at Colonial.
"The government would prove at a trial that during the course of the conspiracy the defendant and co-conspirators caused Colonial Bank to pay TBW more than $400 million travel systems for baby for loans and Trades that had no value to Colonial Bank," prosecutors stated in court documents.
Kissick also has been accused of deleting travel systems for baby electronic communications on her personal Blackberry in May 2009, just months before the collapse of both Taylor Bean and the bank, and instructing members of her staff to do the same, to prevent being subpoenaed by the special inspector general for the Troubled Asset Relief travel systems for baby Program (TARP).
Colonial BancGroup sought $570 million in TARP funds based on false financial information, in which 33 percent or more of the total and managed assets the institution reported upwards of $1.5 billion were actually held as fictitious or impaired trades.
Colonial Bank went into FDIC receivership in August travel systems for baby 2009 while BancGroup filed for Chapter travel systems for baby 11 bankruptcy protection. Taylor Bean had shut its doors just before that, laying off nearly 2,000 employees nationwide and entering Chapter 11 protection.
As in Brown's case, Kissick faces a maximum 30 years in prison and $250,000 fine when she is sentenced in June by U.S. District Judge Leonie travel systems for baby M. Brinkema. The SEC also has filed a separate travel systems for baby civil complaint against Kissick.
School Board candidate Bobby James slams opponent as 'Hindu travel systems for baby Jane' Police, community and calendar travel systems for baby briefs travel systems for baby for Oct. 29, 2014 Water district clears way for controversial mine in NW Marion Spartan Motors to close Ocala plant As second year of Affordable Care Act enrollment nears, reaching uninsured poses a challenge