A Philadelphia con man gets four years in prison for leading a massive auto insurance fraud scheme that involves 267 associates, 187 fraudulent insurance claims and 44 car accidents.
Shawn Merriman pleads guilty to mail fraud and is sentenced to more than 12 years in prison.
Lee Farkas invents fake loans and funnels millions in a scam that leaves thousands jobless and leads to one of the largest bank failures in America.
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