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Thread: Ex-TBW CEO Paul Allen gets prison for $3B fraud

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    Ex-TBW CEO Paul Allen gets prison for $3B fraud

    he CEO of what had been one of the nation's largest private mortgage lenders has been sentenced to more than three years in prison for his role in a $3 billion fraud scheme.

    The 40-month sentence for 55-year old Paul R. Allen of Oakton, Va., on Tuesday is less than the six-year term sought by federal prosecutors.

    40 month sentence for one of the largest frauds in US history....unbelievable, people get far more time for far less....
    CEO scum like this rob the people all the time with damn near impunity and then we have the teaparty tell us they need subsidies and tax breaks for them...pffffffffft

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    Outer space potato man

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    Re: Ex-TBW CEO Paul Allen gets prison for $3B fraud

    Rob a convenience store of $173, bet you get more time than this.

    There are two legal systems in America. One is for the rich.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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