Felony charges and enhancements reinstated in Real Property Lenders fraud case
– Judge Donald G. Umhofer Wednesday granted a motion by the San Luis Obispo County District Attorney to reinstate all felony investment fraud charges and their enhancements against defendants Rod Jarmin, Tammy Jordan, and their business Real Property Lenders, who were charged with embezzlement in early June.
Rodney Jarmin, 75, and Tammy Jordan, 53, who owned Real Property Lenders in Paso Robles, allegedly were not forthcoming about details regarding the sales of securities, according to reports. They were headed to trial last month, but, while a jury was reportedly being selected, a deal was made that would allow the suspects to plead no-contest to the charges as misdemeanors.
The defendants had entered pleas of no contest to the 7 misdemeanor counts on June 10, but the District Attorney immediately announced an intention to seek reinstatement of the felony charges.
At the conclusion of Wednesday’s hearing on the motion, Judge Umhofer recused himself from further participation in the case, and he set the matter for a Trial Setting Conference on July 29, in a department yet to be determined.
After the ruling, District Attorney Dan Dow said, “We are gratified by today’s decision. Judge Umhofer did the right thing in reinstating the felony charges and their enhancements.”