COLUMBIA — A Boone County grand jury has indicted Georgia company DOCX LLC and its founder, Lorraine Brown, on 136 counts of forgery and making false declarations related to mortgage documents.
The indictment alleges DOCX generated fraudulent signatures on 68 notarized deeds of release for properties in Boone County and submitted these to the Recorder of Deeds.
The practice of generating these forged documents, known as robo-signing, was first reported by "60 Minutes" on Aug. 7, 2011. Robo-signees are persons posing as bank personnel or other authorized lenders who sign falsified mortgage documents, which are then used to authorize foreclosures on properties in default.
Banks that were required to produce these documents during foreclosure proceedings did not have them and outsourced responsibility for gathering them to a line of subsidiary companies. DOCX, a subsidiary of Lender Processing Services Inc., is alleged to have created these mortgage documents fraudulently, which were then used to foreclose on properties in Boone County.
Missouri Attorney General Chris Koster, who sought the indictments, said that the "indictment reflects our firm conviction that when you sign your name to a legal document, it matters."
Although DOCX no longer exists, according to reporting by "60 Minutes," it could face fines of up to $10,000 per forgery conviction and $2,000 for each false declaration conviction. Brown could also be sentenced to as many as seven years imprisonment for each indictment count.