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Tue Nov 20, 2012, 06:29 PM

Head of Robo Signing firm gets plea agreement with some jail time.

“Lorraine Brown participated in a scheme to fabricate mortgage-related documents at the height of the financial crisis,” said Assistant Attorney General Breuer. “She was responsible for more than a million fraudulent documents entering the system, directing company employees to forge and falsify documents relied on by property recorders, title insurers and others. Appropriately, she now faces the prospect of prison time.”


How much prison time for running an enormous nationwide forgery business that resulted in millions of illegal foreclosures?

"Brown will be sentenced to a term of imprisonment of not less than two years and not to exceed three years in the Missouri Department of Corrections."

Under the agreement, Ms. Brown will plead guilty to one felony count of forgery, one felony count of perjury, and one misdemeanor count of making a false declaration.
http://ago.mo.gov/newsreleases/2012/Attorney_General_Koster_announces_plea_agreement_with_Lorraine_Brown/

The banks that used these forgeries to foreclose are not mentioned or charged with any wrong doing.

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Reply Head of Robo Signing firm gets plea agreement with some jail time. (Original post)
dixiegrrrrl Nov 2012 OP
Angry Dragon Nov 2012 #1
dixiegrrrrl Nov 2012 #2
Mira Nov 2012 #3

Response to dixiegrrrrl (Original post)

Tue Nov 20, 2012, 06:35 PM

1. She should get one day for every fraudulent document

And have to pay back any money people lost .......... that would be fair

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Response to dixiegrrrrl (Original post)

Tue Nov 20, 2012, 06:39 PM

2. But wait! There IS more!!!! Looks like Federal time also:

She pled guilty to the STATE ( see above)....and also to Federal charges.
Here is the Federal DOJ news:

The guilty plea of Lorraine Brown, 56, of Alpharetta, Ga., was announced by Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division; U.S. Attorney for the Middle District of Florida Robert E. O’Neill; and Michael Steinbach, Special Agent in Charge of the FBI’s Jacksonville Field Office.

The plea, to conspiracy to commit mail and wire fraud, was entered before U.S. Magistrate Judge Monte C. Richardson in Jacksonville federal court. Brown faces a maximum potential penalty of five years in prison and a $250,000 fine, or twice the gross gain or loss from the crime. The date for sentencing has not yet been set.

“Lorraine Brown participated in a scheme to fabricate mortgage-related documents at the height of the financial crisis,” said Assistant Attorney General Breuer. “She was responsible for more than a million fraudulent documents entering the system, directing company employees to forge and falsify documents relied on by property recorders, title insurers and others. Appropriately, she now faces the prospect of prison time.”


http://www.justice.gov/opa/pr/2012/November/12-crm-1400.html


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Response to dixiegrrrrl (Original post)

Tue Nov 20, 2012, 07:00 PM

3. It's a start.

A pleasing start at that.
Onward and upward. The more the better. Stiff penalties. Complete disclosure.
The ball is rolling.

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