Newspaper article Sarasota Herald Tribune

Flipping Case's Hearing Delayed

Newspaper article Sarasota Herald Tribune

Flipping Case's Hearing Delayed

Article excerpt

SENTENCING POSTPONED: Scott Schuhriemen decision now March 22

TAMPA -- Former Sarasota mortgage banker Scott Schuhriemen was scheduled to be sentenced for his role in the Craig Adams-Rich Bobka flipping fraud conspiracy Friday morning.

But after a 45-minute meeting between his lawyers and a federal prosecutor in the chambers of U.S. District Court Judge Stephen Merryday, the sentencing was postponed until March 22.

A spokeswoman for the U.S. Attorney's Office in Tampa said she could not elaborate on what went on in chambers.

Schuhriemen appeared annoyed by the decision and quickly left Merryday's 15th floor courtroom with members of his family.

His Tampa criminal defense attorney, Gary Trombley, had hoped to get Schuhriemen's sentence reduced from nearly three years in prison to probation so his client could continue to care for his wife and three children and pay restitution to his former employer, BB&T.

"Mr. Schuhriemen unquestionably failed his family and himself," Trombley wrote in a 20-page sentencing memorandum. "Nevertheless, a prison sentence is unnecessary to achieve the goals of sentencing."

In 2006 and 2007, Schuhriemen helped Adams, Bobka and their associates get 19 home-equity loans based on bogus financial information. On at least two occasions, he notarized fraudulent signatures so Adams could borrow money in the name of his mother, Jocelyn Adams, and his aunt, Norma Faye Pearce.

Schuhriemen pleaded guilty in November to one count of conspiring to make false statements to an FDIC-insured financial institution.

His attorney said in his sentencing memorandum that Schuhriemen would have been glad to cooperate the government and assist with their case against other members of the conspiracy.

But by the time he was arrested, 20 co-conspirators, including Adams and Bobka, already had been indicted and sentenced in the flipping fraud case. …

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