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Wednesday ‘American Greed’ episode focuses on Lee Farkas, gay mortgage insider with Atlanta ties

Lee Farkas

Lee Farkas, a gay man who once had ties to one of Atlanta's most popular gay bars, will be the subject of a documentary in the "American Greed" series that airs tomorrow night on CNBC.

Titled "Financial Home Invasion," the episode debuts at 10 p.m. on Wednesday, July 11. Other upcoming showings include 1 a.m. on Thursday, July 12; 10 p.m. on Sunday, July 15; and 1 a.m. and 3 a.m. on Monday, July 16, according to TVGuide.com.

Lee Farkas was found guilty in April 2011 of being the mastermind of a $2.9 billion fraud trial that officials said was "one of the largest bank frauds in history."

The Justice Department's criminal division chief, Lanny Breuer, said Farkas's actions "poured fuel on the fire of the financial crisis," according to a report by the Associated Press.

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Lee Farkas found guilty of ‘one of largest bank frauds in history’

Lee Farkas, former manager at a company that owned Blake's on the ParkLee Farkas, once a manager of the company that owned Atlanta gay bar Blake's on the Park, was found guilty Tuesday of being the "mastermind" in a $2.9 billion fraud trial that officials said was "one of the largest bank frauds in history."

The Justice Department's criminal division chief, Lanny Breuer, said Farkas, 58, was "one of the masterminds in one of the largest bank frauds in history" and that his misconduct "poured fuel on the fire of the financial crisis," according to a report by the Associated Press.

In June, Farkas, who is gay, was indicted on one count of conspiracy, six counts of bank fraud, six counts of wire fraud and three counts of securities fraud. Farkas was found guilty of 14 of these counts.