Bloomberg News

Pair Charged in Nevada Foreclosure ‘Robosigning’ Scheme

November 16, 2011

(Updates with attorney general statement in second and third paragraphs.)

Nov. 16 (Bloomberg) -- Two title officers were indicted for allegedly directing a scheme in which tens of thousands of fraudulent foreclosure documents were filed in Nevada, the state attorney general’s office said.

Gary Trafford and Gerri Sheppard, both of California, directed their employees to forge their names on foreclosure documents, notarize the forged signatures, and file the documents in Clark County to be used to start home foreclosures, Attorney General Catherine Cortez Masto’s office said in a statement today.

“The grand jury found probable cause that there was a robosigning scheme which resulted in the filing of tens of thousands of fraudulent documents with the Clark County Recorder’s Office between 2005 and 2008,” Chief Deputy Attorney General John Kelleher said in the statement.

Trafford and Sheppard were charged in a 606-count indictment with offering false instruments for recording, false certification on certain instruments, and notarization of the signature of a person not in the presence of a notary public, according to the attorney general’s office.

Jennifer Lopez, a spokeswoman for Masto, didn’t immediately respond to a request seeking more details.

--Editors: Peter Blumberg, Mary Romano


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