Taylor Bean & Whitaker Mortgage Corp.'s ex-Chairman Lee Farkas lost a bid to overturn his convictions for orchestrating a $3 billion scheme prosecutors said was among the biggest bank frauds recorded in the U.S., Bloomberg News reported yesterday. The U.S. Court of Appeals in Richmond, Va., yesterday found nothing in Farkas's trial that would warrant reversing any of his 14 convictions, rejecting arguments that he was deprived of a fair trial.
