Morris County Dismisses All 13 Counts Against Kai Patterson Who Was Wrongfully Facing 42 Years In Prison For Crimes He Did Not Commit

How Police Chief Frank Del Vecchio and John Thomas Financial Created Fake Documents to Have Kai Patterson Falsely Indicted, Before The Case Was Dismissed

UPDATE (December 31, 2017): Thomas Belesis Of John Thomas Financial Was Eventually Charged With Fraud By The Securities Exchange Commission (SEC Charge) And the Financial Industry Regulatory Authorities (FINRA Charges), But Frank Del Vecchio Was Never Charged Even Though He Also Committed Fraud (See: Why Most Police Are Not Charged).

Also See Federal Dismissal: https://bit.ly/3688cF9, And Story: https://bit.ly/2QBIgN7 

Frank Del Vecchio

On September 23, 2011, the Morris County Prosecutors dismissed all 13 counts of their indictment against Kai Patterson, after Patterson's attorney Benjamin Kelsen was able to provide overwhelming proof that Frank Del Vecchio, and Martha Perez provided false statements and evidence against Mr. Patterson. Both Patterson and his attorney were able to use the statements of several AMBER Ready employees, corporate filings, financial statements, bank records, e-mails and Frank Del Vecchio's deposition to convince the Morris County Prosecutors Office that Patterson was innocent of the charges. All of the charged filed in Bergen County by Frank Del Vecchio and John Thomas Financial against Patterson, were also previously dismissed (See: http://bit.ly/cCrKp8).

Kai D. Patterson

According to the documents provided by Patterson's attorney, Frank Del Vecchio and Martha Perez filed the false report against Patterson, after he refused to issue stock certificates to dilute the shareholders of AMBER Ready so that John Thomas Bridge and Opportunity Fund could become the controlling shareholder of the company. Prior to Patterson being terminated as CEO of AMBER Ready, he was offered a consulting position and the position of Chief Technical Officer to step down as CEO by Frank Del Vecchio (See: Unsigned Resignation). Once Patterson refused the offer, documents mysteriously appeared that alleged Patterson committed fraud. The documents were certified by a private investigator named James O'Connor, who was hired by Del Vecchio after he became the CEO of AMBER Ready, and used in a police report filed by Frank Del Vecchio and Martha Perez. The documents contained an e-mail that was to have been sent by Patterson, but the e-mail address was mistyped in the documents falsified against Patterson. The documents were cut to appeared they had been shredded by a shredder in Patterson's office. Pictures of the cut documents were taken by James O'Connor, along with pictures of the shredder in Patterson's office, and were filed in a police report by Frank Del Vecchio.

Frank Del Vecchio's Fake Evidence

Patterson's attorney was able to prove the e-mail could not have been sent or received by Patterson' because the e-mail address was not Patterson's or anyone's e-mail address, because it was mistyped. Letters were provided by other former employees of the company that stated the shredder had been broken for several months. Pictures taken of the shredder also confirmed the shredder had a burnout condenser, which prevented the shredder from operating (See: Fake Evidence). In the police report filed against Patterson on September 11, 2009, Martha Perez stated that she found the fake wire form created to allege Patterson's guilt, but later said Patterson e-mailed it to her in the statements provided to the grand jury and the Morris County Prosecutors Office. 

Benjamin Kelsen, Esq.

Patterson's attorney was able to show that counts 1 through 10 of the indictment that alleged Patterson misappropriated funds was false by providing copies of his employment agreements. The employment agreements confirmed that Patterson was owed money when he was terminated. The employment agreement was consistent with the financial statements filed in the Company's registration statement. The statements showed that at no time did Patterson ever overpay himself and the statements provided by Frank Del Vecchio and Martha Perez to allege Patterson stole money from the company ware false. In the police report filed by Frank Del Vecchio on September 11, 2009, Del Vecchio stated that Patterson stole $800,000, which Patterson's attorney was also able to show was false using the company's financial statements filed in the registration statements on December 18, 2009 and February 8, 2010. Patterson's attorney also was able to provide documents that showed Martha Perez had provided the Morris County Prosecutors Office with financial statements that contained 15 accounting errors between March and September of 2009, and numerous errors in 2008, 2007, 2006 and 2005. In the documents provided to the Morris County Prosecutors by Martha Perez, the errors alleged that Patterson overpaid himself, but documents filed by Del Vecchio and Perez in AMBER Ready's registration statement showed that Patterson paid himself in accordance with his employment agreements.

Frank Del Vecchio lied to the Morris Count Prosecutors Office by stating the Mr. Patterson overpaid himself to misappropriate funds, while knowing that Mr. Patterson had employment agreements and a bonus agreement that require Mr. Patterson to receive 6% of the funds raised by the company.  The agreement was a standing agreement that was never terminated, was executed at the time that Mr. Patterson was not the largest shareholder of the company, and was approved by the largest shareholder of the company at the time, although Mr. Del Vecchio represented that Mr. Patterson wasn't approved by the company's board of directors when it was approved more than two (2) years before Mr. Patterson hired Mr. Del Vecchio and appointed him to the board of directors (See: Patterson's Bonus Agreement).  At the time that Mr. Del Vecchio told the Morris County Prosecutor's Office that Mr. Patterson stole the funds that his employment and bones agreements authorized him to be pad, Mr. Del Vecchio was aware of the bonus agreement, but purposely withheld it from the Prosecutor.  

Ten (10) months prior to being falsely indicted, Mr. Del Vecchio attempted to have Mr. Patterson's bonus agreement terminated in a board of directors meeting.  Since the agreement was executed in July 2006, and all of the board members were appointed by Mr. Patterson in March of 2009, including Mr. Del Vecchio, the board felt that it not go back and retroactively terminate a prior employment bonus agreement that existed prior to their appointment as directors.  This issue and meeting was also verified by an the employee who took minutes at the meeting (See: Cella's Directors Meeting Account).  During the board meeting, board members voted to approve Mr. Patterson bonuses, and they called Attorney Mark Ross, who was AMBER Ready's attorney.  It was determined that if Mr. Patterson has a prior agreement that was issued prior to the board members' appointment, the board could not vote to allow or disallow salary and bonuses that accrued prior to their date of their appointment. The approval was rescinded by the board and directors and Mr. Patterson's existing agreement stood as it was already previously approved, and was not terminated.  "What was so ironic about Mr. Del Vecchio attempting to have my bonuses terminated after I gave him a $100,000 annual salary while he still maintained his current salary as a police chief, and bailed him out of loan for a $250,000 purchase of a cell phone store in Ridgewood, NJ that was failing by paying Mr. Del Vecchio a bonus of $50,000 per year to enable Mr. Del Vecchio to pay off the loan.  I raised over $18 million between 2007 and 2009 to enable me to pay him his salary, and his bonus without his help, because he was busy serving as a deputy police chief, and they he tried to have my bonus denied," says Patterson.  

Although Mr. Del Vecchio failed to disclose Mr. Patterson's 6% bonus to the Morris County Prosecutor's Office to make it appear that Mr. Patterson misappropriated funds to enable Mr. Patterson to be charged with fraud, Mr. Del Vecchio did disclose Mr. Patterson bonus in the S-1 Registration Statement and Amendments in Paragraph 15 on Page F-32, but he would not disclose the amount of the bonus while disclosing the numbers all other forms of Mr. Patterson's compensations.  Mr. Patterson's  knew that he could use is position in law enforcement to have Mr. Patterson indicated without anyone taking the time to research the disclosed bonus by Mr. Del Vecchio to the Securities and Exchange Commission (SEC).  "I wasn't even given the opportunity to appear before a grand jury which is customary in most indictments, because I could have easily provided the documents to verify I only paid myself a fraction of what I was owed, and was due over $300,000 in expense credits that I was prepared to provide as evidence before all 13 counts of the indictment were dismissed by the Morris County Prosecutors Office.  The credits were later confirmed to be over $320,000," says Patterson.

AMBER Ready had entered into a settlement agreement with Mr. Patterson that absolved him of any wrongdoing in exchange for his resignation as a member of a board of directors and issued him stock as part of the settlement.  The settlement did not restrict Mr. Patterson from reproducing his own version of AMBER Ready, since the company was unable to produce another working mobile phone version of AMBER Ready II that was designed by Patterson.  After the agreement was executed, Mr. Del Vecchio still had Mr. Patterson indicted. "I was shocked, to be notified that I had been indicted, because I had entered into a settlement agreement and had my attorney provide me with an opinion letter that represented I had been observed of any claims, even though I knew that I had been falsely terminated (See: Attorney Letter).  I knew they had spent through the investment that i raised through John Thomas Financial, and they had no working mobile phone application.  I resigned because I knew their company was worthless after I worked ten years to build it into something great.  After being absolved, getting an attorney opinion confirmation of the settlement, and then getting indicted, I not only provided overwhelming evidence that I did not steal any money, but I also disclosed the fraud they had me indicted to hide," says Patterson.

Patterson's attorney was able to show that counts 11 and 12 of the indictment that alleged Patterson created and e-mailed Martha Perez a fake wire form were false, by showing that Patterson's correct e-mail address was kdp@amberready.com, not kap@amberalertsafety.com (See: Refute of Counts 11 & 12, Johnson's E-Mail Confirmation, Schechter's E-Mail Confirmation, and Cella's E-Mail Confirmation). Patterson's attorney was also able to show the fake e-mail and wire transfer form that were alleged to have been shredded, could not have been shredded in the manner the photographs illustrated. Not only did the shredder shred documents thinner then the fake documents that were cut, but the shredder also shredded documents vertically and the feed slot was too narrow to shred documents horizontally. In order for any document to be shredded along a path of the horizontal text, the document would have been required to be placed in the shredder horizontally. But to make matter worse, the shredder did not work for more than 20 months before the fake documents were produced, because the condencer had burned out as shown in the photos (See: Fake Evidence In Shredder). According to the letter and affidavit provided by two former employees, the shredder had not worked for several months (See: Calla Exposes Del Vecchio's Investigator).  An former employee of the company stated in her affidavit that Patterson's shredder had not worked the entire time she was employed with the company and that she was tasked with shedding all of Mr. Patterson's documents (See: Cella Affidavit).

NYCHA $1.5 Million Announcement

Patterson's attorney was able to show that count 13 of the indictment, which alleged that Patterson setup a "copy cat" program to receive copies of Frank Del Vecchio's e-mails without authorization was false. He proved that Patterson was the CEO, President, Treasurer, Secretary and a Director of the Company when the "copy cat" program was installed. Patterson's attorney was also able to show the "copy cat" program was installed to prevent the misuse of the company's e-mail accounts. The "copy cat" program began sending Patterson e-mails on September 9, 2009, which was several days before Patterson was terminated as CEO. Once Patterson was terminated as CEO, Patterson retained the titles of President, Secretary and Treasurer because Frank Del Vecchio failed to amend the articles of incorporation until March 15, 2010 (See: Registered Filing Dates). Patterson also remained on the Board of Directors as a Director until March 26, 2010, thus entitling him to receive copies of all e-mails of company executives. The "copy cat" program installed by Patterson enable him to monitor the fraud committed by Frank Del Vecchio, Martha Perez, and other board members. Copies of the e-mails that Patterson received from the "copy cat" program enabled Patterson to prevent the New York City Housing Authority from being defrauded $1.5 million, Federal Law Enforcement Officers Association (FLEOA) and the National Organization of Black Law Enforcement Executives (NOBLE) by AMBER Ready. In January of 2011, Patterson received a letter from the New York City Housing Authority, thanking him for his actions (See: NYCHA Thank You Letter). 

Patterson Receiving NOBLE Award

Patterson was told by his attorney the Morris County Prosecutors Office agreed to dismiss all of the counts of the indictment if Patterson agreed to pay a fine for announcing himself on a conference call that AMBER Ready's Board of Directors secretly held on September 24, 2009. Patterson was legally allowed to participate on the call since he was a director, and the company's by-laws required all directors to be notified for telephonic conference calls, but Patterson was not notified to participate on the call. Patterson learned of the conference call when he received Frank Del Vecchio's e-mails from the "copy cat" program he created. The conference call was setup to discuss how to remove Patterson form the company Board of Directors (See: E-Mail To Setup Fraud Conference Call). Patterson called in 15 minutes before the call was scheduled and took notes of the conversations. According to Patterson's notes, Frank Del Vecchio stated that he intended to have charges filed against Patterson to destroy his reputation and credibility. Frank Del Vecchio agreed to not file the registration statement until after November 30, 2009, to allow enough penalty shares to be issued to John Thomas Bridge and Opportunity Fund to obtain control of the company. It was noted on the call that being the majority shareholder would not entitle Patterson to be fired as a director, as was indicated by an e-mail that was sent to Frank Del Vecchio by James Turner prior to the call. The participants of the call agreed to go ahead and terminate Patterson from the Board of Directors once John Thomas Bridge and Opportunity Fund and John Thomas Financial collectively owned 75% of the company stock, and force Patterson to fight the termination in court while fighting false criminal charges filed by Frank Del Vecchio. Patterson announced that he was listening on the call by sending each of the participants an e-mail that he was on the call to document the call and he as on the call. Patterson then orally announced that he was on the call and had recorded the entire call. Although Patterson was entitled to participate on the call and speak since he was a Board Member, the Morris County Prosecutors Office required Patterson pay a fine of $250 for announcing himself on the call. "It's a small fine that I should not have been required to pay, but it's less than one hours of legal fees I've been paying to have the indictment dismissed," says Patterson. 

Patterson prepared documents to outline the fraud AMBER Ready intended to commit from the conference call, and took the documents to Federal Authorities on September 30, 2009. While Patterson was filing a report, Martha Perez terminated Patterson's cell phone account that had been transferred to the company's account in August of 2009. Patterson attempted to have Sprint transfer the number back to his personal account, but Sprint refused to transfer the account, although Patterson had the account since October of 2006. AMBER Ready waited until December 18, 2009 to file its registration statement, which enabled John Thomas Bridge and Opportunity Fund and John Thomas Financial to collectively own more than 27 million shares and 74.5% of the issued and outstanding shares of the company (See: John Thomas Financial's Free Trading Shares). The shares were issued as penalty shares by Frank Del Vecchio and Martha Perez by using Patterson's scanned signature on the certificates without his authorization. Patterson sent Frank Del Vecchio a letter on September 18, 2009 demanding his signature not be used without his written authorization when he learned his signature was placed on the first issuance of the penalty shares stock certificates (See: Unauthorized Used Of Kai's Signature). Between September 18, 2009 and April 1, 2009, an estimated 641 stock certificates were issued with Patterson's scanned signature without his authorization. "They were so sloppy in using my scanned unauthorized signature, because they sent me a stock certificate to settle our civil dispute and for my resignation on March 26, 2010 with my own unauthorized signature," says Patterson (See: Certificate Issued With Kai's Unauthorized Signature). AMBER Ready filed an amendment to the articles of incorporation to move Patterson as President, Secretary and Treasurer on March 15, 2010, and Patterson resigned from the Board of Directors on March 26, 2010, yet Patterson signature was used on his stock certificate issued on April 1, 2010. 

When Patterson was able to confirm the illegal uses of his signature to defraud the AMBER Ready investors, he filed charges with the Rockaway Police Department, and the Morris County Prosecutors Office. Although Patterson had definitive proof that his signature was used without his authority to commit fraud, and Frank Del Vecchio forced employees to defraud consumers, the Morris County Prosecutors Office failed to take any actions. "I was told by the Prosecutor Office they were not going to take any actions against Mr. Del Vecchio or Mrs. Perez for forging my signature, yet they issued a 13 count indictment against me for crimes I did not commit; where was the justice," says Patterson. The case was switched back and forth between two Assistant Prosecutors for more than 15 months, once they learned Patterson was innocent of the counts. Patterson's attorney requested the shredder be provided by the Morris County Prosecutors Office to confirm it had a burned out condenser and did not work, but the shredder mysteriously vanished (See: Burned Out Condenser). 

Thomas Belesis

When Patterson was indicted, he was never given the opportunity to testify in front of the Grand jury, which would have enabled him to expose the false evidence and fraud committed against him. It appears that Frank Del Vecchio was provided with a favor by having and indictment issued on his testimony by the Morris County Prosecutor's Office.  Not only did the Morris County Prosecutor's Office not carefully examine the documents provided by Mr. Del Vecchio, they never took the time to compare the e-mail address used in the fake documents with Mr. Patterson's e-mail address.  The Morris County Prosecutor's Office also charged Patterson for dialing into an AMBER Ready conference call.  The conference call was held for AMBER Ready's Board of Directors, which Patterson was a member at the time of the call.  The call was scheduled by members of AMBER Ready's Board of Directors, and Thomas Belesis of John Thomas Financial to develop a plan to terminate Patterson from AMBER Ready's Board of Directors.  Patterson learned of the call from a program he created while he was the CEO of AMBER Ready to monitor the employees e-mails.  When Patterson was terminated the program continued sending him copies of several employees e-mails.  Unaware of the program sending copies of their e-mails to Patterson, Frank Del Vecchio, Thomas Belesis and James O'Connor transmitted numerous documents to confirm they defrauded AMBER Ready's shareholders, and attempted to defraud the New York City Housing Authority. 

Patterson's actions to participate and announce himself on the call was not a crime, but the Morris County Prosecutor's Office clearly had an agenda to cover up their error of indicting Patterson. Furthermore, had Patterson not listened in on the call, he may not have learned the intentions of the participates to defraud the shareholders by waiting until December 2009 to file the registration to receive millions of penalty shares. Patterson also may not have learned of Frank Del Vecchio's intent to file false charges against him. "Not only did I document the call and immediately turned the records over to authorities, but everything that I documented about the call eventually took place months later," says Patterson. Patterson's documents from the call confirmed the conspiracy by the parties on the call to defraud the AMBER Ready investors.  "I have been approached by producers to create a script to produce a movie about the story of AMBER Ready," says Patterson. Morris County's dismissal of the indictment comes one day before the two year anniversary to the date that Patterson learned of the fraud while on the conference call. "I have spent the last two years creating a new company that I believe will help solve a huge societal problem in America, and I am going to launch a press release to announce the company shortly," says Patterson. Patterson new company has been approved for a reality series to document the day-to-day activities of his new company and he has been donated office space for his new company. The new office space includes executive offices, several cubicles, computers and phones to spearhead the development of his new company. 

"I feel sorry for the AMBER Ready investors that have apparently lost their investment," says Patterson. After Patterson was forced out of the company that he spent ten years building, AMBER Ready shut down its operation after merging with CK-41. According to several former employees of AMBER Ready, Frank Del Vecchio sold the company's equipment to personally pay himself, while on the Fairview, New Jersey Police Department payroll. After Frank Del Vecchio contracted Shining Star Web Strategies to replace Blinglets, and Shining Star Web Strategies could not produce a working mobile phone application, AMBER Ready attempted to reengage Blinglets. AMBER Ready paid Blinglets $600,000 in a settlement, but Blinglets refused to enter into another agreement with AMBER Ready because they did not trust Frank Del Vecchio, according to Blinglets' President Anthony Phills. After Blinglets learned that Frank Del Vecchio forced the employees of AMBER Ready to lie, falsely sold the mobile phone application they no longer had, and filed false charges against Patterson, Blinglets did not want to have any further dealings with Mr. Del Vecchio or AMBER Ready.  This full affidavit provides an overview into some of the fraud Mr. Del Vecchio is accused of committing by a former employee (See: Cella Full Affidavit).

On August 5, 2011, the FBI announced they have launched their own child safety mobile phone application, which has makes it impossible for AMBER Ready to regroup if they ever could (See: http://engt.co/pF9ufD and http://cbsn.ws/2EBbR0U). The FBI's application is free of charge to parents and links directly into the 911 emergency response network. Patterson first introduced the AMBER Ready concept to FLEOA at a training session in June of 2009 (See: http://prn.to/2Cw1NZa and http://bit.ly/2iALq1H) and other members of the FBI at the 21st Annual Crimes Against Children Conference at a presentation on August 17, 2009 (See: http://www.cacconference.org). One week after Patterson's second presentation of the AMBER Ready program to the FBI, documents were falsified by Frank Del Vecchio to arrange for Patterson to be terminated.

After Patterson's termination, AMBER Ready merged with CK-41, and formed Galaxy Media and Marketing Corp without disclosing the company no longer had a working mobile phone application. Gary Savage, who was the CEO of CK-41 and became the CEO of Galaxy Media and Marketing Corp, has shut down the company after learning the company investment banking agreement enabled John Thomas Financial to take control of the company. Gary Savage has filed a lawsuit against John Thomas Financial, John Thomas Bridge and Opportunity Fund, Thomas Belesis and George Jarkesy for committing numerous acts of fraud against the company and numerous misrepresentations. In addition to the lawsuit filed by Gary Savage, FINRA has fined John Thomas Financial $275,000 for other acts of fraud, including misrepresenting commission fees to their clients (See: http://bit.ly/nmDENa).

In an attempt to help Frank Del Vecchio commit fraud, James O'Connor falsified the documents and provided a false certification to the Morris County Superior Court. Mr. O'Connor is a highly decorated private investigator that is a security consultant to the FOX News Channel and My 9 News in New Jersey. In 2004, James O'Connor received the National Merit Award from FBI Director Robert Mueller, among numerous awards between 2003 to 2006. Mr. O'Connor issued a false certification to the Morris County Superior Court that contained a mistyped e-mail address when the documents were falsified. Mr. O'Connor has now opened himself up to civil and criminal prosecution, since numerous acts of fraud were committed that are now being investigated by authorities. Mr. O'Connor's actions have now caused AMBER Ready's investors to lose more than 18 million dollars. Patterson spent more than 10 years building the company, and Mr. Del Vecchio took less than 10 months to lose the investors investment, when the company shut down while he was the CEO. AMBER Ready is the third company to fail under the management of Mr. Del Vecchio in less than 3 years (See: http://bit.ly/bvOKlD). 

James O'Connor's actions are an indication of the influence and power Frank Del Vecchio has to get people to commit fraud. Not only did several former AMBER Ready employees lie about the status of the company's mobile phone application after Patterson was terminated, but every Board Member singed the registration statements filed by the company except Kai Patterson and Robert Christie. Both the registration statement and the amendment filed by Frank Del Vecchio with the Securities and Exchange Commission contained numerous false statements, including lies about the mobile phone application and the company's enrollments. Mr. Del Vecchio also was able to convince Paul Kaufman, who is the attorney of the New Jersey Democratic Committee to join Galaxy Media and Marketing Corp's Board. Prior to Galaxy Media and Marketing Corp shutting down its operation, a private placement memorandum was filed which also contained false statements that were issued by Galaxy Media and Marketing Corp's Board Members, and CEO. 

Since this information was posted, John Thomas Financial was been charged with fraud by the Securities and Exchange Commission (SEC) and FINRA, Frank Del Vecchio has stepped down as CEO, AMBER Ready's successor company Galaxy Media and Marketing Corp has Shutdown, and John Thomas Financial has shutdown. With the help of several former AMBER Ready employees, the more than 35 million shares Frank Del Vecchio issued to John Thomas Financial's hedge fund, which they intended to dump on the market at $10 per share, was prevented by the SEC. CNBC has also recently produced a television story called "Greed and Fraud" that exposed the fraud committed by John Thomas Financial, which was committed with the help of now Fairview Police Chief Frank Del Vecchio (http://bit.ly/1bd4FBq).

By: A Former AMBER Ready Employee

P.S.

Since this information was posted, John Thomas Financial was been charged with fraud by the Securities and Exchange Commission (SEC) and FINRA (See: Fraud Charges), Frank Del Vecchio has stepped down as CEO, AMBER Ready's succor company Galaxy Media and Marketing Corp has Shutdown, and John Thomas Financial has shutdown. With the help of several former AMBER Ready employees, the more than 35 million shares Frank Del Vecchio issued to John Thomas Financial's hedge fund, which they intended to dump on the market at $10 per share, was prevented by the SEC. CNBC has also recently produced a television story called "Greed and Fraud" that exposed the fraud committed by John Thomas Financial, which was committed with the help of now Fairview Police Chief Frank Del Vecchio (See: NBC Fraud & Greed).

John Thomas Financial was eventually shutdown by U.S. Federal Authorities (See: Shutdown), and Mr. Belesis was stripped of his license to operate as a securities broker (See: FINRA Order).  Although Mr. Del Vecchio admitted to committing felony fraud, by admitting AMBER Ready had no mobile phone application while attempting to collect $1.5 million from the New York City Housing Authority, he was never charged with fraud. He also admitting to committing another felony when he lied in the 2009 registration statement and in the 2010 amendment  that he filed with the SEC by saying AMBER Ready had 4,000 subscription (See: Page 26 - Market Analysis, and  Page 28 - Market Analysis), then said AMBER Ready had 600 enrollments, but their staff members said the company had less than 300 enrollments, and their financials filed in the registration statement.  Since Mr. Del Vecchio was a police chief, and it's been confirmed in a House Judiciary Hearing before Congress that federal and state agencies will not prosecute police officers who commit crimes, and agents will testify on behalf of police officers who commit crimes (Video: Congressional Hearing) under the Blue Wall Of Silence, it's very unlikely he will ever be charged.

By: A Former AMBER Ready Employer

For More Information, Also See: 

http://read.bi/YtSRrB

http://bit.ly/YheoXl

http://1.usa.gov/WJW3ih

http://1.usa.gov/15AzdKz

http://bit.ly/11s41MZ

http://bit.ly/12dJxK6

http://bit.ly/13Zn6Hk
http://bit.ly/14tTvWp

http://bit.ly/1bd4FBq

How and Why Did John Thomas Financial and Frank Del Vecchio Defraud AMBER Ready's Investors?

Anastaios Belesis, of John Thomas Financial

The President of the Council of Presidents of the New York City Housing Authority's letter confirms that John Thomas Financial knowingly defrauded its clients that invested in AMBER Ready failing to disclose their intent to terminate Kai Patterson as the CEO of the company. In the Thank You Letter sent to Kai Patterson by the Housing Authority, it clearly states that John Thomas Financial intended to replace Mr. Patterson as the CEO of the Company while raising money for AMBER Ready (See: http://bit.ly/2qWfjAw). Mr. Brown, referred to in the letter is Fred Brown, who is the Chairman of the National Black Republican Council (See: http://bit.ly/2msstAE). The letter directed to Mr. Patterson, which was prepared and signed by the President NYCHA's Council of Presidents states that Fred Brown told the Housing Authority that John Thomas Financial intended to have Mr. Patterson terminated in May 2009 and August of 2009 (See: http://bit.ly/2DlGveE and http://bit.ly/2D3xOZA). Since Mr. Patterson's employment and shareholders agreements would only allow him to be terminated in the event that Mr. Patterson committed fraud, documents needed to be falsified to arrange for Mr. Patterson's termination (See: http://bit.ly/cCrKp8). In an attempt to conceal the fraud Frank Del Vecchio and Anastaios "Thomas" Belesis attempted to commit against the New York City Housing Authority, Robert Bursky threatened the Housing Authority with a law suit. Mr. Bursky sent Mr. Bowman from the Housing Authority an e-mail that stated, "We are hereby placing you, the Citywide Council of Presidents, and the New York City Housing Authority that we will be initiating a $10,000,000 lawsuit next week based upon your letter. In that lawsuit we will also seek to uncover what exactly is your relationship with Mr. Patterson such that you would write such a letter". The e-mail threat with a copy of the letter was sent to Federal Authorities by the New York City Housing Authority.

Frank Del Vecchio

If John Thomas Financial knew they intended to have Mr. Patterson terminated, why did they not disclose this information to their clients that invested more than 14 million dollars in the Company between April 2009 and July 2009? This failed disclosure by John Thomas Financial, defrauded the AMBER Ready Investors into investing in a company, who's CEO was the developer or designer of all the company's technology and was key to the company's success. John Thomas Financial also required that AMBER Ready take out a "Key Man" life insurance policy on Mr. Patterson, because his role in the success of the company was important, as stated throughout the Private Placement Memorandum filed in April of 2009 to raise the more the 14 million dollars. Mr. Patterson developed and maintained AMBER Ready for almost 10 years, however the Company shutdown within 10 month after Mr. Patterson was wrongfully terminated.  Frank Del Vecchio has not background in software development for websites or mobile phones.

AMBER Ready and John Thomas Financial continued to defraud investors by failing to disclose numerous facts about the company. Since all of the funds raised through John Thomas Financial were raised in the form of "Convertible Notes", where the investors can convert their loans into additional stock until the repayment of the loan. Investors also received one (1) share of stock for each dollar ($1) they invested. Each investor's decision to convert their loans into stock with convertible note investments are based on the performance of the company. When an investment bank or the executives in a company fail to disclose the truth about their company, they are persuading their investors to convert their loans into stock under false pretences, which is securities fraud.

Kai Patterson Receiving NOBLE Award

When Frank Del Vecchio became the CEO of AMBER Ready and failed to disclose to the company's investors and the agencies marketed the mobile phone application, not only was he committing consumer fraud, but he was committing securities fraud. Mr. Del Vecchio prepared and issued several letters to investors without disclosing the Company no longer had a working mobile phone application (See: http://bit.ly/2CR1Z1L, and http://bit.ly/2EwBiji). The letters were an attempt to get additional investors to convert their loans into addition stock and prevent investor from filing lawsuits against the Company. While Mr. Del Vecchio was the CEO of AMBER Ready, he told employees not to disclose the company he hired to reproduce the mobile phone application was unable to get the application to work (See: http://bit.ly/2EAF9vJ). Several former employees confirmed Mr. Del Vecchio's new mobile phone application did not work. Mr. Del Vecchio also confessed under oath in a deposition the AMBER Ready Mobile Phone Application did not work after lying to investors and numerous organizations (See: http://bit.ly/2AQeBo8). The June 30, 2010 letter to the investors was sent six (6) days after Mr. Del Vecchio confessed the mobile phone application did not work in a deposition under oath, and yet no mention of nonworking mobile phone application was in the shareholder letter (See: http://bit.ly/2ml0fqx). The new application replace the working application designed by Mr. Patterson and developed by Blinglets. Mr. Patterson also designed AMBER Ready III, which was scheduled to be released in December 2009, but was terminated before the application could be developed.

To prevent investors from learning the truth about the mobile phone application, Mr. Del Vecchio falsely marketed the application to several police departments, child advocate organizations and schools. Mr. Del Vecchio also fraudulently sold the application to the Bergen County Sheriff's Department (See: http://bit.ly/2D2zJNZ). Galaxy Media and Marketing Corporation became the parent company in a merger that acquired AMBER Ready and CK-41 Direct. Galaxy Media and Marketing Corporation retained Mr. Del Vecchio as the CEO of the new AMBER Ready Safety Solutions company formed from AMBER Ready (See: http://mwne.ws/2mjOfFH). Mr. Del Vecchio and Mr. Belesis concealed the AMBER Ready Mobile Phone application no longer work from CK-41 prior to the merger. This failure of disclosure also defrauded the investors of CK-41 because their stock was diluted through the merger. Mr. Del Vecchio later resigned as the CEO after confessing the mobile phone application did not work. While Mr. Del Vecchio was the CEO of AMBER Ready Solutions, Galaxy Media issued shareholder letters failing to disclose the mobile phone application did not work. The shareholder letter also boasted about the sale of the AMBER Ready application to the Bergen County Sheriff's Department, whom also gave Mr. Del Vecchio a citation award before learning the application did not work.

Not only did Mr. Del Vecchio waste the AMBER Ready investor's money by maintaining an operation for an application that did not work after Mr. Patterson was terminated, the Company also wasted investor's money on produced and marketing a video to market and sell the mobile phone application (See: http://bit.ly/9YbAPo). Mr. Del Vecchio also paid for television air time to market an application he knew did not work. The advertisements were aired while the Company was filing a registration statement with the Securities and Exchange Commission to have the Company's stock publically trade. Not only did the registration statements filed by AMBER Ready in December of 2009 and amendment in February of 2009 contain false statements concerning the technology and number of enrollments, but John Thomas Financial also failed to disclose to its investors the investment bank was under investigation for the Inter-Oil scandal, which made it extremely difficult for the stock to be approved to trade (See: http://bit.ly/gvRHsJ).

John Thomas Financial is currently raising money for Galaxy Media, without either company disclosing the AMBER Ready Program has been shutdown. The investors that invested in AMBER Ready, CK-41 or Galaxy Media have not been told the truth about the mobile phone application, the shutting down of the AMBER Ready, pending lawsuits or the ongoing Federal Investigations. Most investors have learned the truth about the Company through this blog site (See: http://bit.ly/godVLd). Investors have been told numerous lies about the mobile phone application and have been made to believe that John Thomas Financial is a honest investment bank. Investors have been told about Mr. Belesis role in the movie Wall Street II to entice them to convert their loans into stock, while deep dark secrets about the companies they fund are withheld from investors (See: http://bit.ly/fU9Xdr).

John Thomas Financial attempts to conceal that John Thomas Bridge and Opportunity Fund is a subsidiary company. Both companies share the same name and use the same company logo. Now John Thomas Financial and John Thomas Bridge And Opportunity Fund is being sued by countless organization (See: http://bit.ly/2r0XLn5 and http://bit.ly/2FuP4EC). Since the Securities and Exchange Commission requires investment banks to disclose the number of shares they own in a company and imposes restrictions if an investment bank is a majority shareholder, John Thomas Bridge and Opportunity Fund was setup to hide the relationship. AMBER Ready and Galaxy Media and Marketing have not disclosed the true relationship of John Thomas Bridge and Opportunity Fund in any private placement memorandums or registrations statements. John Thomas Financial also failed to disclose to the investors of AMBER Ready the "Penalty Shares" requirement would significantly dilute the investors percent of ownership in the Company. The Penalty Shares were represented to investors as a term and condition to force the Company to file a timely registration statement, when in fact it was used to significantly dilute investors ownership. Each time Penalty Shares were issued to investors, John Thomas Bridge and Opportunity Fund received more than six (6) times as many shares. After John Thomas Financial feels there are too many shares issued, the John Thomas Financial requires the Company to do a reverse split on the stock, and issues themselves more stock. The last reverse split was 10 to 1, which further significantly dilutes investors. None of these facts are ever disclosed to investors prior to their investment or even long after they invest, until it's too late and they have lost their money.

After Mr. Patterson learned of the scheme he refused to issue the Penalty Shares to John Thomas Bridge and Opportunity Fund. The issued caused huge fights between Mr. Patterson and Mr. Belesis. On August 24, 2009, Mr. Del Vecchio and Mr. Belesis offered Mr. Patterson a consulting position if he resigned as the CEO of AMBER Ready, which was prepared by the Company's attorney, Mark Ross (See: http://bit.ly/2CoHiyd). When Mr. Patterson refused to accept the consulting position, a document was forged to allege the past due salary that Mr. Patterson paid himself in April 2009 was misappropriated. Del Vecchio was promoted to CEO of AMBER Ready and given a salary raise of more than $390,000 per year with compensations ($300,000 Salary + $24,000 Annual Monthly Expenses + $66,000 Annual Repayment of Home Equity Loan = $390,000), while he maintained his job as the Deputy Police Chief of Fairview, New Jersey (See: http://bit.ly/2D2kmEf). The e-mail containing the outline of Mr. Del Vecchio's increase in compensation did not include the $5,500 per month that was paid to repay a home equity loan that was used to purchase cell phone equipment that was placed in storage. Prior to AMBER Ready shutting down, Mr. Del Vecchio sold all of the items in storage and all of the company furniture and computers to pay his personal salary.

When Mr. Del Vecchio was appointed as the CEO of AMBER Ready, he immediately issued the Penalty Shares to significantly dilute the investors of the Company, while increasing John Thomas Financial's and John Thomas Bridge and Opportunity Fund's stock ownership from 5% to 44.73% in a period of three (3) months without having a single dollar invested in the company by (See: http://bit.ly/2qUsa69). John Thomas Bridge and Opportunity Fund's bridge loan was repaid with the investor's loans, and but received 22.5 times the penalty shares as a single investor that invested the same amount of money invested and repaid to John Thomas Bridge and Opportunity Fund. It appears that everyone got greedy and destroyed a company that created a great product for a great cause. The real losers are the missing children that could have been saved by Mr. Patterson's creation and the investors. Mr. Del Vecchio is still the Deputy Police Chief of Fairview, New Jersey and making a very nice salary. Thomas Belesis continues to make millions each year by defrauding investors through concealing the truth and entering into new investment agreements with new companies.

Although Mr. Del Vecchio was the CEO of AMBER Ready while he was the Deputy Police Chief of Fairview, New Jersey, there are no records filed with the city of Fairview to confirm that he was given permission by city to maintain both jobs. AMBER Ready's Office Manager, Christina Cella stated in her affidavit that Mr. Del Vecchio performed tasks while he was on police duty (See: http://bit.ly/2mj6v2f). Mr. Del Vecchio cell phone records can easily confirm this fact and that he was in fact committing fraud while on duty. Cell phone tower transmissions will confirm that he placed calls to AMBER Ready, ABC Studios, AMBER Ready vendors and employees while on duty in Fairview, New Jersey. E-Mails times and dates sent by Mr. Del Vecchio related to AMBER Ready will also confirm he conducted business for AMBER Ready and committed acts of fraud while on duty. Not only do investors have the right to take legal actions against Galaxy Media, John Thomas Financial, Mr. Del Vecchio and Thomas Belesis, but they have the right to take actions against the city of Fairview, New Jersey.

Questions?

• Why terminate the founder, only software designer and developer in your company, when you need to redevelop another mobile phone application and you are a child safety technology company?

• Why not hire a company that has mobile phone software development experience to recreate the mobile phone application, after terminating the only designer and developer of your working software?

• Why spend tens of thousands of dollars to produce a video of a product that you know you no longer have to sell?

• Why spend hundreds of thousands of dollars to market a product that you don't have to sell after the termination of the person who created the original software and you no longer have rights to the version of the software produced by an outside company
?

• Why promote the partnerships and agreements you have acquired to sell and purchase your product, when you know you don't have the product?

• Why use child safety as a means of cheating investors, police departments, parents and agencies like the Boy Scouts, Housing Authority, FLEOA, NOBLE and PTA?

• Why convince innocent investors to convert their loans into additional stock into a company you know does not have the product to ever become a successful company, and dilute their stock ownership by issuing yourself undisclosed Penalty Shares?

• Why spend hundreds of thousands of dollars in legal fees, audits and filing fees to get your company's stock to publically trade when you don't have the product you are marketing a promoting?

• Why file a registration statement to overstating your number of enrollments by more than 2000%?

• Why issue stock to yourself in a company you know does not have the product you are representing to the Securities and Exchange Commission?

• Why file a registration statement to take a company public and only register your stock and close associates to trade?

Answer:

• When you want to implement a "Pump and Dump" and you have a history of doing so (See: http://bit.ly/hkVgfE).

A Former AMBER Ready Employee

P.S.

Since this information was posted, John Thomas Financial was been charged with fraud by the Securities and Exchange Commission (SEC) and FINRA, Frank Del Vecchio has stepped down as CEO, AMBER Ready's successor company Galaxy Media and Marketing Corp has Shutdown, and John Thomas Financial has shutdown. With the help of several former AMBER Ready employees, the more than 35 million shares Frank Del Vecchio issued to John Thomas Financial's hedge fund, which they intended to dump on the market at $10 per share, was prevented by the SEC. CNBC has also recently produced a television story called "Greed and Fraud" that exposed the fraud committed by John Thomas Financial, which was committed with the help of now Fairview Police Chief Frank Del Vecchio (http://bit.ly/1bd4FBq).

For More Information, Also See:

http://bit.ly/1mqIHAp 

http://read.bi/YtSRrB
http://bit.ly/YheoXl
http://1.usa.gov/WJW3ih
http://1.usa.gov/15AzdKz
http://bit.ly/11s41MZ
http://bit.ly/12dJxK6
http://bit.ly/13Zn6Hk
http://bit.ly/14tTvWp
http://bit.ly/1a9YeR9
http://bit.ly/1bd4FBq