Teresa Rose sentencing delayed till Jan. 3

By Neal Putnam

Teresa Rose, 57, a Ramona real estate agent, will be sentenced Jan. 3 after receiving a delay in U.S. District Court in San Diego. She pleaded guilty to conspiracy to commit wire fraud and money laundering in 2012.

The sentencing for Rose has been delayed several times before Judge John Houston. She remains free on $50,000 bond. Her guilty pleas represented actions that occurred in 2006 to 2007.

Rose and three others were charged with carrying out a mortgage loan fraud by recruiting investors via ads to purchase homes in Ramona and elsewhere as straw buyers who were promised $10,000.

Her attorney, Michael Lipman, said earlier that Rose was duped by a co-defendant. Lipman said she didn’t receive any illegal profits, and that she pleaded guilty “based on limited conduct that occurred in the 2006 to 2007 time period involving nine transactions in Ramona.”

Rose faces a maximum term of five years in federal prison, but could get probation if she pays restitution.

Related posts:

  1. New sentencing date set for real estate agent in conspiracy case
  2. Sentencing Dec. 3 in mortgage scheme
  3. Judge delays sentencing in fraud case till Jan. 25
  4. Mail fraud sentencing delayed until May
  5. Sentencing delayed in fraud case

Short URL: http://www.ramonasentinel.com/?p=29712

Posted by Maureen Robertson on Dec 17 2013. Filed under News, Ramona. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Comments for “Teresa Rose sentencing delayed till Jan. 3”

  1. Sandy

    It’s disgusting what this woman has done. She uses the fact that she has to take care of her grandson as a way to delay her sentencing.

  2. Sandy

    Either publish my full comment or don't publish it at all.

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