Former TBW Loss Mit Employee Accused of $1.6 Million Fraud

More troubles for the now defunct Taylor, Bean & Whitaker Mortgage Co. have arisen as a result of one man's alleged fraud. National Mortgage News today reported former Taylor, Bean & Whitaker employee Victor Cedeno "is still being sought by authorities" and "faces charges he allegedly stole more than $1.6 million from the company by depositing the funds into accounts he controlled at Navy FCU of Virginia."