Please ensure Javascript is enabled for purposes of website accessibility
Woman Loses Van Ness Extension Mansion, Pleads Guilty to Tax Evasion and Obstruction
Tony tries to stay on the Website
By Anthony W. Haddad
Published 2 weeks ago on
November 7, 2024

Pilar Rose, formerly of Fresno, pleaded guilty to tax evasion and obstructing an IRS audit, agreeing to forfeit interest in her mansion and BMW after falsifying financial records to evade taxes and secure fraudulent loans. (Zillow)

Share

Getting your Trinity Audio player ready...

Pilar Rose, formerly of Fresno, has pleaded guilty to tax evasion and obstruction of an IRS audit, a move that will cost her both her luxury mansion and BMW sedan.

The announcement was made by U.S. Attorney Phillip A. Talbert on Monday, who confirmed Rose’s agreement to surrender her claim to more than $2.5 million in assets that authorities had already seized from her and her husband’s property.

Criminal Financial Statements From 2012 to 2015

According to court records, Rose’s involvement in her husband’s orthodontics practice took a criminal turn between 2012 and 2015 when she allegedly falsified financial statements, hiding significant income and skirting about $870,000 in federal taxes.

Rose doctored the business’s records to underreport earnings, ultimately leading to a major tax evasion case, prosecutors said.

The deception didn’t stop there. In 2016, when the IRS initiated an audit of their finances, Rose took additional measures to throw investigators off the trail.

She altered hundreds of checks for personal expenses — including their home mortgage, utility bills, landscaping fees, car payments, and their children’s college tuition — making it appear as if they were legitimate business expenses.

Attempts for Mortgage for Van Ness Mansion

In 2015, as Rose and her husband got a $1.5 million mortgage refinance loan for their mansion on Van Ness Extension in Fresno, Rose presented the bank with copies of their federal tax returns. These returns, however, were inflated to paint a better picture of their income. The bank declined the loan after catching the discrepancies.

Rose then applied to a second bank just a month later, requesting a nearly identical loan amount of $1.475 million. This time, Rose claimed their bank accounts held a combined balance of over $250,000 — when they actually held less than $3,000.

She again used inflated tax returns and a misleading profit and loss statement to depict her husband’s orthodontics practice as significantly more profitable. With these misrepresentations, the second bank approved the loan, allowing Rose and her husband to pocket the funds.

Authorities seized the Van Ness property as part of their investigation.

Rose Purchased BMW, Saying She Was an Attorney

In 2017, Rose added to her list of offenses with the purchase of a BMW sedan, valued at around $90,000. She made a $25,000 down payment and secured a loan for the remainder.

In her loan application, Rose claimed she was an attorney making over $600,000 annually even though she wasn’t. She used the Social Security number of her husband’s former classmate, knowing that her own SSN would reflect a low credit score.

With these misleading claims, Rose was able to obtain the $65,000 loan, and authorities have since seized the BMW.

Rose’s sentencing is scheduled for March 17, 2025. She faces up to five years in prison and a $100,000 fine for tax evasion, along with an additional three years in prison and a $5,000 fine for obstructing the IRS.

RELATED TOPICS:

DON'T MISS

As Atmospheric River Soaks California, Farmworkers Await Flood Aid Promised in 2023

DON'T MISS

Sacramento Region Gained People but Flubbed Economic Opportunities Over 50 Years

DON'T MISS

Nations at UN Climate Talks Agree on $300B a Year for Poor Countries in a Compromise Deal

DON'T MISS

What to Know About Lori Chavez-DeRemer, Trump’s Pick for Labor Secretary

DON'T MISS

What to Know About Scott Turner, Trump’s Pick for Housing Secretary

DON'T MISS

Trump Taps Investor Scott Bessent as Treasury Secretary

DON'T MISS

NATO Head and Trump Meet in Florida for Talks on Global Security

DON'T MISS

Why Cranberry Sauce Is America’s Least Favorite Thanksgiving Dish – and 5 Creative Ways to Use It

DON'T MISS

‘Get Somebody Else to Do It’: Trump Resistance Encounters Fatigue

DON'T MISS

Anti-Vax Activists Dominate RFK Jr.’s HHS Transition Team

UP NEXT

Nations at UN Climate Talks Agree on $300B a Year for Poor Countries in a Compromise Deal

UP NEXT

What to Know About Lori Chavez-DeRemer, Trump’s Pick for Labor Secretary

UP NEXT

What to Know About Scott Turner, Trump’s Pick for Housing Secretary

UP NEXT

Trump Taps Investor Scott Bessent as Treasury Secretary

UP NEXT

NATO Head and Trump Meet in Florida for Talks on Global Security

UP NEXT

Why Cranberry Sauce Is America’s Least Favorite Thanksgiving Dish – and 5 Creative Ways to Use It

UP NEXT

‘Get Somebody Else to Do It’: Trump Resistance Encounters Fatigue

UP NEXT

Anti-Vax Activists Dominate RFK Jr.’s HHS Transition Team

UP NEXT

Wing ‘Wizard’ Harry Potter to Play for Australia’s Rugby Team. Let the Puns Begin.

UP NEXT

Tulare County Man Arrested After Allegedly Threatening to Kill Middle School Girls, Staff

Anthony W. Haddad,
Multimedia Journalist
Anthony W. Haddad, who graduated from Cal Poly San Luis Obispo with his undergraduate degree and has an MBA at Fresno State, is the Swiss Army knife of GV Wire. He writes stories, manages social media, and represents the organization on the ground.

What to Know About Lori Chavez-DeRemer, Trump’s Pick for Labor Secretary

16 hours ago

What to Know About Scott Turner, Trump’s Pick for Housing Secretary

21 hours ago

Trump Taps Investor Scott Bessent as Treasury Secretary

21 hours ago

NATO Head and Trump Meet in Florida for Talks on Global Security

21 hours ago

Why Cranberry Sauce Is America’s Least Favorite Thanksgiving Dish – and 5 Creative Ways to Use It

1 day ago

‘Get Somebody Else to Do It’: Trump Resistance Encounters Fatigue

1 day ago

Anti-Vax Activists Dominate RFK Jr.’s HHS Transition Team

1 day ago

Wing ‘Wizard’ Harry Potter to Play for Australia’s Rugby Team. Let the Puns Begin.

1 day ago

Tulare County Man Arrested After Allegedly Threatening to Kill Middle School Girls, Staff

2 days ago

Two Fresno, Clovis Trustee Races Remain Tight. Bond Measures Passing with Growing Margins

2 days ago

As Atmospheric River Soaks California, Farmworkers Await Flood Aid Promised in 2023

Floodwaters devastated the small communities of Pajaro and Planada in early 2023. California gave each town $20 million to recover – but as ...

1 hour ago

1 hour ago

As Atmospheric River Soaks California, Farmworkers Await Flood Aid Promised in 2023

2 hours ago

Sacramento Region Gained People but Flubbed Economic Opportunities Over 50 Years

13 hours ago

Nations at UN Climate Talks Agree on $300B a Year for Poor Countries in a Compromise Deal

16 hours ago

What to Know About Lori Chavez-DeRemer, Trump’s Pick for Labor Secretary

21 hours ago

What to Know About Scott Turner, Trump’s Pick for Housing Secretary

21 hours ago

Trump Taps Investor Scott Bessent as Treasury Secretary

21 hours ago

NATO Head and Trump Meet in Florida for Talks on Global Security

1 day ago

Why Cranberry Sauce Is America’s Least Favorite Thanksgiving Dish – and 5 Creative Ways to Use It

Help continue the work that gets you the news that matters most.

Search

Send this to a friend