Henrico homebuilder sentenced to 30 months in prison for bankruptcy fraud
It’s the second time in a week that a member of the local real estate community has been sent to federal prison.
Source: richmondbizsense.com
Stay updated with breaking news from William Romm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It’s the second time in a week that a member of the local real estate community has been sent to federal prison.
William Romm III, who ran afoul of his customers several years ago, has pleaded guilty to concealing assets during his personal bankruptcy, including hiding the purchase of a $100,000 boat.
William Romm III previously ran Romm Custom Homes and Millstone Builders. Prior to filing for bankruptcy in January 2019, Romm ran into trouble with his home-building business in 2016.