What are the penalties for forgery of someone's signature for a second mortgage for over $18,000? What constitutes fraud in this situation and what are the penalties for it?
Asked on 3/28/10, 2:17 pm
2 Answers from Attorneys
Todd Miler
Miler Law Firm
Theft/fraud involving over $10,000 is a Class C felony, punishable by up to10 years in prison. Forgery is a separate offense, a Class D felony, punishable by up to 5 years in prison. Those sentences could be run consecutively for a 15 year prison sentence. The maximum fines are $10,000 and $7,500 respectively.
Answered on 4/02/10, 2:24 pm
Robert Luedeman
solo practitioner
Brother Miler didn't mention it but what you're describing constitutes making a materially false statement on a loan application, and that gets you into federal country.
Answered on 4/02/10, 3:14 pm
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