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Banker gets 30 years in big fraud case

WASHINGTON — A banker was given 30 years in prison Thursday in the $2.9 billion mortgage industry fraud that sank Colonial Bank in the biggest US bank collapse in 2009, the Justice Department announced. Lee Bentley Farkas was sentenced to jail by a Virginia court and fined $38.5 million as…

Mansion linked to “The Great Gatsby” demolished

NEW YORK (Reuters) – Bulldozers have razed a storied mansion where F. Scott Fitzgerald partied and which some say inspired his classic 1925 novel “The Great Gatsby” The Colonial Revival-style Lands End mansion was built in the early 20th century in Sands Point, New York, overlooking the waters of Long…