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2013-06-27 — mortgagenewsdaily.com
``The Department of Justice said Brown had participated in a six-year scheme to prepare and file more than 1 million fraudulently signed and notarized mortgage-related documents with property recorders offices throughout the country. Brown's plea agreement detailed how employees of DocX began forging and falsifying signatures of those employees who were authorized by clients to executive the documents; the documents were then fraudulently notarized as though they had been signed by the delegated personnel.
This practice was allegedly implemented by Brown to enable DocX to generate greater profit and to that end the company also hired temporary employees to act as signers. These temps worked for much lower costs and without the quality control represented by Brown to her company's clients. Some were able to sign thousands of mortgage-related instruments a day. Between 2003 and 2009, DocX generated approximately $60 million in gross revenue. '' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |