Here’s what the US Govt has to say about the document creation scheme perpetrated, not just upon citizens, but upon our nation’s court system. And make no mistake, because no one apparently cares about harm done to consumers, we should at the very least pay some mind to the crumbling foundation of our nation’s legal system as it recedes in the rear view mirror.
The banking industry has won. Wall Street has won. The People surely lost. And worse, Our once-fabled judicial system surely is lost. Frankly, Lorraine Brown is among the class of victims in this whole scheme. Her bosses, entire industries run amok, and remain completely unpunished. The larger loss represented by all of this is the loss of any fear of sanction or punishment or retribution for an industry’s crime sprees. And so, in the future, what’s the fear for the food or pharmaceutical industries to cut corners even knowing that in doing so, real harm will be done? What’s to stop the airline or transportation industries to cut corners knowing that there will be a calculable loss in human lives?
There is none. This case represents explicit permission and in fact encouragement to go forward…..
We submit there is no actual or intended loss here. “‘Actual loss’ means the reasonably foreseeable pecuniary harm that resulted from the offense.”
“‘Intended loss’ . . . means the pecuniary harm that was intended to result from the offense.” USSG §2B1.1, comment. (n. 3(A)(ii)). (Emphasis added.)
She meant to perform and did perform the job she was hired to do. Her crime is that she allowed surrogate signers, rather than authorized signers, to sign the mortgage documents and to do so outside the presence of notaries.
