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[basserdan]

Missouri Joins Nevada: Criminal Robosigning Indictment

by Karl Denninger
Posted 2012-02-07 14:38

I think we can assume this means the answer is "no" on the robosigning settlement...

Jefferson City, Mo. –Attorney General Chris Koster today announced that a Boone County grand jury has handed down 136-count indictments against DOCX, LLC and its founder and former president, Lorraine Brown, for forgery and making a false declaration related to mortgage documents processed by DOCX.

“The grand jury indictment alleges that mass-produced fraudulent signatures on notarized real estate documents constitutes forgery,” Koster said. “Today’s indictment reflects our firm conviction that when you sign your name to a legal document, it matters,” Koster said.

The forgery and false declaration counts each allege that the person whose name appears on 68 notarized deeds of release on behalf of the lender is not the person who actually signed the paperwork. The documents were then submitted to the Boone County Recorder of Deeds as though they were genuine.

Koster’s office requested the indictment, and the Attorney General’s Office will prosecute the case. http://tiny.cc/c0o3o

Well now, that's not a "fine" or a "handslap", it's an alleged felony.....

Forgery is a Class C felony and False Declaration is a Class B misdemeanor. If convicted on the most serious count, Brown could face up to seven years in prison for each count. DOCX could be fined up to $10,000 for each forgery conviction and $2,000 for each false declaration conviction.

The charges against DOCX and Lorraine Brown are merely accusations and, as in all criminal cases, the defendant is innocent until or unless proved guilty in a court of law.

Yes indeed, everyone is entitled the presumption of innocense and the evidence will be presented in a court of law before a jury of their peers.

I'm wondering if the "peers" would be wrongfully-foreclosed homeowners or banksters?

PS: It's about damn time, and this makes two with the previous one being Nevada, which returned a ~600-odd count indictment late last year.

http://market-ticker.org/akcs-www?post=201639