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Criminal

Apr. 27, 2011

Attorney Blames Banks in His Defense

Irvine lawyer Gerald L. Wolfe goes on trial today for allegedly pocketing $2 million by buying 30 homes using falsified mortgage documents.


By Don J. DeBenedictis


Daily Journal Staff Writer


SANTA ANA - Irvine lawyer Gerald L. Wolfe goes on trial today for allegedly pocketing $2 million by buying 30 homes using falsified mortgage documents.


In the wake of the economic collapse, many observers - including state attorneys general and federal investigators - have said that banks and Wall Street share blame for the real estate meltdown for making mortgages too easy to obtain.


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