A California man who operated a Bloomfield Hills-based commercial real estate investment firm was sentenced Thursday for his role in “an extensive multi-year conspiracy to falsify financial statements,” as reported by the Department of Justice.
Tyler Ross, 38, was ordered to pay a $200,000 fine and spend one year and one day in prison, followed by two years of supervised probation, for one charge of conspiracy to commit an offense against the United States. Ross pleaded guilty to the charge last year in federal court in Detroit.
According to the DOJ, Ross — a San Francisco resident who formerly lived in Michigan — was co-chief executive officer of ROCO Real Estate LLC and ROCO Management LLC, both in Bloomfield Hills. The ROCO companies ran as a commercial real estate investment firm which purchased, managed and sold multi-family residential properties, such as apartment…
