0 Real Estate A Ramona real estate agent who pleaded guilty to being part of a $15 million mortgage fraud scheme will be sentenced on Friday. Steven Bartholow , Patch Staff Posted Reply After more than a year of postponements, a Ramona real estate agent who pleaded guilty to being part of a $15 million mortgage fraud scheme is scheduled to be sentenced on Friday, according to court records. Many of the fraud victims were from Ramona. Ramona real estate agent Teresa Rose, an unlicensed mortgage loan broker and her assistant all pleaded guilty to participating in a mortgage fraud scheme that generated almost $15 million in illegal kickbacks. Mary Armstrong, the mastermind of the fraud, was sentenced in September to more than eight years in prison. Rose is scheduled to be sentenced on Friday, January 3, at 9 a.m. in San Diego at the New Federal Building, 333 W Broadway (13th floor, room 13B). The co-conspirators recruited real-estate “investors” through ads in the Los Angeles Times, Monster.com, and elsewhere, offering them an opportunity to buy homes using their good credit with no money down. In order to get these people to participate in the loan fraud, Armstrong promised to make mortgage payments on their behalf using rental income from the properties, according to… Read full this story
- Telangana: Fate of real estate projects worth Rs 45,000 crore uncertain as migrants head home
- Supreme Court notices to Centre, RBI on plea by real estate body on loan moratorium
- Sex monster real estate agent drugs virgin with rohypnol during dinner party and assaults her TWICE in her sleep during 20-hour ordeal
- Trending stocks: Indiabulls Real Estate shares flat in early trade
- ‘Real estate sector hit, must remedy it’: Puri
- Real estate sector hit, must remedy it: Puri
- Be You: Gerren Benoit dancing his way around Acadiana real estate
- Ariana Grande confirms relationship with real estate agent beau Dalton Gomez as they kiss at the end of her Stuck With U music video
- Ruthless killer who stabbed a mother of three to death in her own home during a burglary gone wrong sentenced to LIFE in jail- but still refuses to say why he attacked random women in their homes
- Appeal court upholds sentence for former Đà Nẵng leader
Ramona Real Estate Fraudster to be Sentenced Friday have 362 words, post on patch.com at January 2, 2014. This is cached page on CuBird. If you want remove this page, please contact us.