LSaF

Question

B imitated the signature of A, registered owner of a lot, in a special power of attorney naming him (B) as the attorney-in-fact of A. On Feb. 13, 1964, B mortgaged the lot to a bank using the special power of attorney to obtain a loan of P8,500. On the same day, both the special power of attorney and the mortgage contract were duly registered in the Registry of Deeds.

Because of B's failure to pay, the bank foreclosed the mortgage and the lot was sold to X in whose name a new title was issued. In March 1974, A discovered that the property was already registered in the name of X because of an ejectment case filed against him by X. If you were the lawyer of A, with what crime or crimes would you charge B? Explain. (1993 BAR)

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