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A Clark County District Court judge in Las Vegas issued warrants Wednesday for California residents Gary Randall Trafford and Geraldine Ann Sheppard after a grand jury handed up the 439-page indictment.
"The grand jury found probable cause that there was a robo-signing scheme which resulted in the filing of tens of thousands of fraudulent documents with the Clark County Recorder's Office between 2005 and 2008," said Chief Deputy Attorney General John Kelleher.
It accuses Trafford and Sheppard of directing employees to produce fraudulently notarized notices of default for filing with the Clark County recorder's office from 2005 to 2008.
Attorney General Catherine Cortez Masto says Trafford and Sheppard face more than 200 felony charges of offering a false instrument and false certification of an instrument, and more than 100 misdemeanor notarization charges.
The indictment alleges that these crimes were done in secret in order to avoid detection.
The fraudulent NODs were allegedly forged locally to allow them to be filed at the Clark County Recorder's office on the same day they were prepared.
District Court Judge Jennifer Togliatti has set bail in the amount of $500,000 for Sheppard and $500,000 for Trafford. The case has been assigned to Department 5 District Court Judge Carolyn Ellsworth who will preside over the case.
Responding to homeowner complaints, Nevada has become the first state in the nation to make illegally repossessing a home a felony, and may send bankers to jail for doing such...read the following:
Nevada Makes Illegal Foreclosures Felony
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