“I think ultimately that is reflective of how this case isn’t what anybody thinks it seemed on its face,” Romano’s attorney said of the mixed verdict. Sentencing is set for Jan. 19.
The once-prominent house flipper said his job was “bricks and sticks” and put the blame for the missing funds on a law firm. “It turns out, that celebrity was a curse,” said his attorney. “It put a target on him.”
Jurors on Tuesday heard from witnesses including Lindsey Passmore, the paralegal who has pleaded guilty to helping Josh Romano misappropriate funds and is cooperating with the prosecution in hopes of a lesser sentence.
An investment management law practice led by Brian Farmer and Ed Klees made their move earlier this month.
Former local house-flipper Josh Romano is facing charges that he conspired to commit bank fraud and committed wire fraud against one of his former lenders.
It’s the second time in a week that a member of the local real estate community has been sent to federal prison.
Though Virginia has legalized the use of marijuana, county staff determined that federal illegality of cannabis prevents Chesterfield from approving a building permit for a business that intends to sell marijuana.
Moe Mathews, the real estate agent, house flipper and former U.S. Marine, will start his prison term Nov. 9 at FCI Petersburg.
“If the legislature makes progress on creating a retail market, it’ll be interesting to see what happens to the timeline,” Jeremy Preiss told BizSense.
“It’s a group of people coming to our partner restaurants to talk in small groups and learn what they have in common and make meaningful connections,” Geoff Garrett said of his new venture, For2. “It’s like speed dating in groups.”