The former president of DocX LLC, a now-defunct subsidiary of Lender Processing Services (LPS), has been sentenced to five years in prison after pleading guilty last year to criminal charges related to the “robo-signing” scandal.
In addition to her prison term, Lorraine Brown, 56, of Alpharetta, Ga., was sentenced by U.S. District Judge Henry Lee Adams Jr. in the Middle District of Florida to serve two years of supervised release and ordered to pay a fine of $15,000. On Nov. 20, Brown pleaded guilty to conspiracy to commit mail and wire fraud.
Prosecutors said Brown 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 United States.
“The documents that were fraudulently produced under Brown’s direction were relied upon in court proceedings, including a significant number of foreclosure and bankruptcy matters,” Acting Assistant U.S. Attorney General Mythili Raman said in a statement. “Today’s sentencing represents appropriate punishment for someone who sought to capitalize on the nation’s housing crisis.”
Source: justice.gov.
