Robosigners Showered With Jewels, Cars, Even House Payments

It’s hard work signing thousands of documents a day, even if you don’t have to read them. Your hand can cramp like something awful!

So, to reward his fastest robosigners, one foreclosure mill operator drenched them in gifts, raining down jewels and fancy cars. He even made their monthly mortgage payments for them. Dates were changed, notary stamps were shared, and signatures forged in a secret system designed to lube the gears of the foreclosure machine to turbo speed.

The details came out in another series of affidavits released by the Florida Attorney General’s Office. Here’s links to full (PDF) copies of the sworn statements:

Sworn statement 1
Sworn statement 2
Sworn statement 3

Witness: Foreclosure firm owner gave gifts for altering documents [Tampa Bay Online]

Subscribe to Ben’s posts by RSS.
Follow Ben on Twitter.
Email ben at

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.