Major Bank Mortgage Fraud – Unearthed on ’60 Minutes’ USA

Who is Linda Green?

Well, seeing that Linda’s signature is shown on more than 20 different bank documents as being their Vice President, you would presume that’s what Linda is, a VP of a 20 banks….

But hang on…

How is it possible to be a VP of over 20 banks at the same time? She is either  extremely  talented and doesn’t  require sleep or there is something more to this story. After  watching this 14 min investigation, I can honestly say this is one of the most blatant cases of forgery I have seen come to light.

Turns out, Wall Street cut corners when it created those mortgage-backed investments that triggered the financial collapse.

Now that banks want to evict people, they’re unwinding these exotic investments to find, that often, the legal documents behind the mortgages aren’t there. Caught in a jam of their own making, some companies appear to be resorting to forgery and phony paperwork to throw people – down on their luck – out of their homes.

So what did the banks do?

They  employed  sweat shop style workplaces to forge mortgage paperwork. Most  documents  were signed off by Linda Green and as you can see by from the below picture. Linda Green has many different ways to sign her name!

Watch the video to find out how the banks accomplished it and meet the real life Linda Greens’ .  Some turn our to be a middle aged man, a young African American lady and man. Amazing that they were doing this for just $10.00 per hour!

VIDEO: CBS 60 Minutes  – Aired 4th March 2011

 


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