Former Chairman of Taylor, Bean & Whitaker Sentenced to
30 Years in Prison and Ordered to Forfeit $38.5 Million

The former chairman and owner of Taylor, Bean & Whitaker (TBW) was sentenced today to 30 years in prison and ordered to forfeit approximately $38.5 million for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW and Colonial Bank.


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