It could only happen in America..surely?

The Australian’s Wall Street Journal pages (30/3/11) reports that the Minnesota Attorney-General has accused the nation’s largest publicly traded debt-buying firm by revenue, of filing ‘robo-signed’ affidavits to collect debts from individual residents. Sloppy and fraudulent documents were used in many cases, in context of 15000 lawsuits collecting $US 266.7 million in 2010. Various pieces of litigation, including a class action by recipients of ‘robo-signed’ affidavits supporting proofs of debt. Some judges say that robo-signing, in which affidavits are signed without reviewing supporting documentation, is becoming more prevalent in debt-collection cases. One employee of the firm’s subsidiary, said that he signed up to 400 affidavits a day, few of which were reviewed for accuracy.