Ex-area mort­gage com­pany owner’s sen­tenc­ing delayed

Richmond Times-Dispatch - - LOCAL PERSPECTIVES - — From staff re­ports

RICH­MOND — Wed­nes­day’s sched­uled sen­tenc­ing for the owner of the former Trust Mort­gage and Trust Ti­tle Ser­vices com­pa­nies in Rich­mond in a $1.26 mil­lion wire fraud case was post­poned un­til July 12.

Roberto Jaramillo, 39, of North Ch­ester­field pleaded guilty in Jan­uary, ad­mit­ting that he mis­ap­pro­pri­ated money that was sup­posed to be held in es­crow. He used it to pay busi­ness ex­penses and to re­pay debts on deals for which he had not made proper dis­burse­ments.

The gov­ern­ment is ask­ing U.S. District Judge Robert E. Payne for a term of 33 months. Jaramillo is ask­ing for home con­fine­ment and no im­pris­on­ment so he can con­tinue to work and re­pay the money. Payne in­di­cated Wed­nes­day that he was con­sid­er­ing home con­fine­ment.

But the judge con­tin­ued the sen­tenc­ing, ask­ing for ver­i­fi­ca­tion of Jaramillo’s cur­rent em­ploy­ment, more in­for­ma­tion about Jaramillo’s bank­ruptcy case and whether Jaramillo could lose his cur­rent job by ac­tions taken by the Vir­ginia State Cor­po­ra­tion Com­mis­sion.

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