One Person Admits to Having Caused Hundreds of Foreclosures Becau
On person, Dick Garza alias Rocky with exceptional forgery skills has admitted to forging documents that has caused hundreds, if not thousands of foreclosures. He started off as a loan officer in a small mortgage firm in the Bay Area and soon became a master forger as the housing boom took off, faking all sorts of documents from pay stubs to W-2 forms to transform ineligible borrowers to qualified ones. He is being sued by federal investigators and private individuals.
Steve Kalar the lawyer of Garza did not make any comments. Garza admitted to his guilt in San Francisco federal court last September 2009. He has not been served with a sentence as yet but the case is under wraps.