David Saks: WOMAN GETS 4 YEARS IN PRISON FOR RE FRAUD - SWINDLED FAMILY FRIENDS

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

WOMAN GETS 4 YEARS IN PRISON FOR RE FRAUD - SWINDLED FAMILY FRIENDS

Former New Jersey Resident Sentenced to Four Years in Prison for Role in Real Estate Scam That Defrauded Family Friends
Judge Also Orders Defendant to Pay $4.7 Million in Restitution

U.S. Attorney’s Office February 11, 2013
  • District of New Jersey (856) 757-5026
 

TRENTON, NJ—An Oklahoma woman who formerly lived in Ridgewood, New Jersey, was sentenced today to 48 months in prison for a scheme to defraud two New Jersey families relating to the purchase, financing, and improvement of real estate in Oklahoma, U.S. Attorney Paul J. Fishman announced.

Taya Romano (a/k/a “Taya Waldon”), 36, previously pleaded guilty before U.S. District Judge Peter G. Sheridan to an information charging her with conspiracy to commit wire fraud. Judge Sheridan imposed the sentence today in Trenton federal court.

According to documents filed in this and a related case and statements made in court:

In 2008 and 2009, Taya Romano conspired with her then-husband to solicit and obtain money from two sets of family friends in New Jersey for investments in what Romano represented to be purchases of apartment complexes and undeveloped land in Oklahoma.

Romano solicited a series of investments from each of the two sets of family friends, obtaining a total of $1,032,750 from one couple and $890,000 from the other couple.

Romano and her husband did not use these funds for the purposes for which they had represented.

In addition to the prison term, Judge Sheridan sentenced Romano to three years of supervised release and ordered her to pay $4.7 million in restitution.

U.S. Attorney Fishman credited special agents of the FBI, under the direction of Acting Special Agent in Charge David Velazquez, with the investigation leading to today’s sentence.

The government is represented by Assistant U.S. Attorney Bohdan Vitvitsky of the U.S. Attorney’s Economic Crimes Unit.

source: FBI



David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 6 commentsDavid Saks • February 12 2013 07:39AM

Comments

Wow,,,,Does anthing surprise you anymore?? Not me... Thanks for taking time to share...

Posted by Robert Hicks (United Country River City Realty) about 7 years ago

It takes a lot of guts ans stupidity to do this. . 

Guts to get it started  and stupidity  believing you are going to get away doing it. .

Posted by Fernando Herboso - Broker for Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group - Broker 301-246-0001) about 7 years ago

Real estate fraud is easy pickings for dirtbags, Robert. It might not be tomorrow or next week, but swindlers eventually go down, thank God. This crime spree began more than four years ago according to the press release.

Posted by David Saks ((retired)) about 7 years ago

Guts ? Don't you mean filthy, rotten entrails, Fernando ?

Posted by David Saks ((retired)) about 7 years ago

Hello David -- despite these stories, I still believe most people are good -- well, most of the time.   

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 7 years ago

Ditto, Michael .

Posted by David Saks ((retired)) about 7 years ago

This blog does not allow anonymous comments