Saturday, January 29, 2011

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://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
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Thursday, January 27, 2011

Kai Patterson Thanked By NYC Housing Authority For Preventing A $1.5 Million Fraud Scheme

The New York City Housing Authority Confirms That Frank Del Vecchio And Thomas Belesis Attempted To Commit Fraud Against NYCHA For 1.5 Million Dollars.


NYCHA Announcement Of $1.5 Million
The President of the Citywide Council Presidents for the New York City Housing Authority (NYCHA) confirms that Frank Del Vecchio and Thomas Belesis attempted to defraud the New York City Housing Authority 1.5 Million Dollars in his thank you letter to Kai D. Patterson, who was the former CEO of the company.  The thank you letter was addressed to Kai Patterson for preventing the New York City Housing Authority from being defrauded.  Mr. Patterson designed and created the AMBER Ready Program, which was the first child safety application to enable parents to create and store their children's missing alert profiles in parent's wireless phones. Once a child became missing with the AMBER Ready Program, a parent could call police and the police officer could transmit the missing child's profile to their police headquarters while conducting the search for the child. The missing child's profile could be disseminated to police cars, other police departments and the general public through the AMBER Alert program in minutes, instead of hours that it currently takes.  At the AMBER Ready Child Safety Back-to-School Times Square Event that AMBER Ready hosted, the New York City Housing Authority pledged to purchase 30,000 subscriptions of the AMBER Ready Program, at $1,500,000 to allow housing authority parents to receive the program at no cost (See: https://bit.ly/3dy0VSU). 

Frank Del Vecchio
Shortly after the Times Square event in August of 2009, Mr. Patterson was fired as the CEO of the company by Frank Del Vecchio, who falsified documents to arrange for Mr. Patterson's termination from the company he created and built from his concept to protect children. After Mr. Patterson was terminated, Mr. Del Vecchio became the CEO of AMBER Ready and hired Shining Star Web Strategies to redevelop the company's mobile phone child safety application. When Shining Star Web Stratagies was unable to reproduce the application, Mr. Del Vecchio told the employees of the company to not divulged the mobile phone application no longer existed, said former employee Robert Schechter.  Mr. Schechter was also a retired New York City Police Officer, and worked for the company when Mr. Patterson was terminated (See: Former Employee Letter To Confirm Fraud). Prior to Mr. Patterson's termination, he setup a program to receive copies of Mr. Del Vecchio's e-mails to confirm Mr. Del Vecchio, Thomas Belesis and other members of AMBER Ready's Board of Directors were plotting to terminate him. After Mr. Patterson was terminated, Mr. Del Vecchio was promoted to CEO and Milton Makris was hired as the COO of the Company. Mr. Makris was the uncle of Thomas Belesis, who was the President of John Thomas Financial that raised more than $15 million dollars from private investors for the company.  After Mr. Patterson was terminated, he continued to receive Mr. Del Vecchio's e-mails that confirmed Mr. Del Vecchio, Thomas Belesis and Milton Makris were attempting to get the New York City Housing Authority to issue the $1,500,000 check to AMBER Ready for the mobile phone child safety application the company could no longer deliver. The e-mails received by Mr. Patterson also confirmed that Frank Del Vecchio, Thomas Belesis and Milton Makris were going to blame Mr. Patterson for the company's new application not working after receiving the check from the Housing Authority (See: Del Vecchio's E-Mail To Defraud and Makris' E-Mail To Defraud).

Launch Of With President Of FLEOA
After receiving copies of the e-mails sent to Mr. Del Vecchio to confirm an attempt to defraud the Housing Authority was being hatched that would make Mr. Patterson appear to have committed the fraud, Mr. Patterson secretly notified the Housing Authority and made them aware of the scheme. Mr. Patterson also sent the Housing Authority along with several other organization documents to confirm that Blinglets had filed a lawsuit against AMBER Ready and Shining Star Web Strategies' new mobile phone application did not work (See: Lawsuit). Mr. Patterson also told the Housing Authority that he was falsely terminated for not partaking in a scheme to defraud the company's investors. Mr. Del Vecchio had issued stock certificates to John Thomas Bridge and Opportunity Fund to dilute the other shareholders of the company by forging Mr. Patterson's signature on the stock certificates.  More than 50 million shares were issued with Mr. Patterson's forged signature to John Thomas Financial's subsidiary and other investors.  After notifying the Housing Authority of the scheme, Mr. Patterson also notified the Federal Law Enforcement Officers Association (FLEOA), National Organization of Black Law Enforcement Executives (NOBLE), National PTA and Mothers Against Drunk Driving, who had committed to purchase or sell the AMBER Ready Application while Mr. Patterson was the CEO of the Company. "I did not want to see these organizations be defrauded by AMBER Ready, while I became the scapegoat," said Mr. Patterson. While Mr. Patterson was the CEO of the Company, the mobile phone child safety application did work, was tested and was certified through a third party mobile phone testing program with a company called Device Anywhere (See: Endorsement).

The letter sent to Mr. Patterson from the Housing Authority also confirms that AMBER Ready plotted to terminate Mr. Patterson several months before Mr. Del Vecchio falsified documents to arrange for Mr. Patterson's termination. In an attempt to prepare the Housing Authority for Mr. Patterson's termination, Fred Brown told the Housing Authority . Mr. Brown told the President of the President Council that Mr. Patterson was going to be terminated in May of 2009 and on the evening of the launch of the Times Square Event, which was after the Housing Authority executed the order to purchase the program. A week after the order was executed in August of 2009, a document was created by Mr. Del Vecchio to allege the past due salary that Mr. Patterson paid himself in April of 2009, was misappropriated. The document that was created by Mr. Del Vecchio was cut into thin strips and made to appear they were taken out of a shredder that was in Mr. Patterson's office. The document consisted of a wire form and an e-mail. The falsified document that was cut into strips were cut too thick to have come from the shredder according to Mr. Patterson. Mr. Del Vecchio also hired a private investigator to certify the documents were authentic, but the document contained a typo in Mr. Patterson's e-mail address, which was mistyped as kap@amberalertsafety.com, when Mr. Patterson's correct e-mail address was kdp@amberready.com. Mr. Del Vecchio was also not aware the shredder had been broken for almost 2 years, which was confirmed by two other former employees of the company (See: Employee E-Mail Confirmation and Employee E-Mail Confirmation).

Thomas Belesis
All of the documents confirm that Mr. Del Vecchio, Thomas Belesis and Milton Makris participated in the scheme to defraud the Housing Authority have been turned over to US Federal Authorities. According to several former employees, Mr. Del Vecchio attempted to defraud several other law enforcement agencies by using his position as the Deputy Police Chief to persuade other law enforcement agencies to purchase an application that did not work. When Mr. Del Vecchio was promoted to CEO of AMBER Ready after arranging form Mr. Patterson's termination, he was given a raise from $100,000 per year to $340,000 per year with additional compensations. Mr. Del Vecchio used his influence as Bergen County's form Director of Public Safety to persuade Bergen County Sheriff to purchase the nonworking mobile phone application. The Bergen County Sheriff's Office, in New Jersey purchased the application for Bergen County parents before learning the mobile phone application did not work.  Mr. Del Vecchio was the new appointed CEO AMBER Ready and current Deputy Police Chief of Fairview, New Jersey at the time of the purchase.  Mr. Del Vecchio sold the Bergen County Sheriff's Department the nonworking application, before confessing the mobile phone application did not work in a deposition while under oath in the Blinglets litigation, which was recently settled for $650,000 by AMBER Ready.  Mr. Del Vecchio was issued a citation award by Sheriff McGuire, which was posted on the Internet in August of 2010, yet finally admitted the application did not work in a deposition on June 24, 2010 while under oath (See: Page 82).  

See: County Parent Letter, Announcement and Settlement

Mr. Del Vecchio and Mr. Belesis attempted to implement a scheme to defraud the New York City Housing Authority, police departments and several child safety organization, while attempting to also commit securities fraud. AMBER Ready has finally been shut down by the company that was defrauded into purchasing the company in a merger. In April of 2010, CK-41 entered into a merger with AMBER Ready to form the company Galaxy Media and Marketing (See: http://bit.ly/2lBkX55). CK-41 was not told by Frank Del Vecchio the company's mobile phone application did not work, nor was the company told of the numerous acts of fraud committed by Mr. Del Vecchio and others associated with the company after Mr. Patterson was terminated. "It seems like we've been getting a new lawsuit every other week from AMBER Ready," said a member of Galaxy Media and Marketing.  The new company has settled the lawsuits of Blinglets, the Terrie William Agency, but has recently received a lawsuit from ABC Studios because Mr. Del Vecchio failed to pay for the Times Square Event. AMBER Ready did not disclose proper amount of the past due liability before the merger. Apparently this story is going to take a new twist now that U.S. Federal Authorities are evolved and new lawsuits have emerged.

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).

George Jarkesy
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: Fraud Charges).  In addition, the Securities And Exchange Commission has also successfully prosecuted Thomas Belesis and his partner George Jarkesy for committing fraud against Kai Patterson and AMBER Ready, which is the company that Patterson founded (See: SEC Charges SEC Conviction). Thomas Belesis was also bared from ever operating as an investment banker again for the fraud that he committed against Kai Patterson and his company AMBER Ready (See: Disbarment).  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.

For More Information, Also See: 


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Tuesday, January 11, 2011

Documents To Confirm That Deputy Police Chief of Fairview, New Jersey, Frank Del Vecchio's Fraud

Frank Del Vecchio
Several Former Employees confirm that Mr. Del Vecchio replaced the former CEO's working mobile phone child safety application, with a nonworking application that was developed and released after the former CEO was no longer an officer of the Company. After learning the new mobile phone application did not work, Mr. Del Vecchio forced employees t market and sell the mobile phone application as advertised, said Retired New York City Police Officer and former employee Robert Schechter. Retired New York City Police Officer and Licensed Private Investigator, Robert Schechter, provided a letter that also confirms he was terminated for discussing Mr. Del Vecchio's the problems with the mobile phone application with other employees. Mr. Schechter's letter also confirms Mr. Del Vecchio knowingly marketed and sold the nonworking application to the AMBER Ready Mobile Phone Application to several police department and child safety organization.

Retired NYC Police Officer and Former Employee to Confirm Mr. Del Vecchio's Fraud:

In an attempt to intimidate former New York City Police Officer and Licensed Private Investigator, Robert Schechter, Mr. Del Vecchio's attorney and personal friend Mark E. Leibman sent Mr. Schechter a letter threatening him to retract his statements to confirm Mr. Del Vecchio's Fraud. Although Mr. Schechter's letter is consistent with other letters provided by former employee's, Mr. Schechter's letter proves Mr. Del Vecchio threatened employees and terminated Mr. Schechter for not wanting to commit fraud.

Letter to Threaten Retired NYC Police Officer from Exposing Mr. Del Vecchio's Fraud:

AMBER Ready's IT Manager and Sr. Systems Administrator also confirms Mr. Del Vecchio's fraud by providing a letter confirms Mr. Del Vecchio knew the AMBER Ready Mobile Phone Application to replace the working mobile phone application designed by the former CEO could not be delivered. Mr. Del Vecchio also previously created a company called US Consumer Protection to fool the general public into thinking his organization was the US Consumer Protection Agency. Mr. Del Vecchio's company called US Consumer Protection "cold called" companies to solicit their payment to be listed as a favorably operating company on the US Consumer Protection website. Mr. Del Vecchio also charged consumers that were defrauded by companies to receive services to get a refund. The US Consumer Protection Agency currently and has always provided these services at no cost. After being notified by the US Consumer Protection Agency, Mr. Del Vecchio shut down his fledgling company that operated out of a 2 room shabby office in Ridgewood, New Jersey. Mr. Del Vecchio went from cheating consumers into paying for free government services to now falsely marketing and selling a nonworking child safety application to police, parents, children and child organizations.

Richard Foster's Letter to Confirm Frank Del Vecchio's Fraud:

Mr. Del Vecchio's Archived Website to Defraud Business and the Public
Certifications: https://bit.ly/2T6js06 
Referral Program: https://bit.ly/31jy94r

Another AMBER Ready Employee confirms the new mobile phone application Mr. Del Vecchio had developed, did not work as the original mobile phone application worked, which was designed by the former CEO. Mr. Yourman confirms the former CEO of the Company was able to demonstrate his working mobile phone application to several news reporters, unlike Mr. Del Vecchio's mobile phone application. Mr. Yourman also confirms that Mr. Del Vecchio marketed and sold the nonworking application to PTA organizations, the Boy Scouts and Police Departments. Mr. Yourman also confirmed AMBER Ready only acquired 300 enrollments and not the 4,000 enrollments Mr. Del Vecchio falsely stated in the Registration Statement Mr. Del Vecchio filed with the Securities and Exchange Commission.
Steve Yourman's Letter to Confirm Frank Del Vecchio's Fraud: http://bit.ly/cFs1cq

AMBER Ready failed to notify its investors the Company replaced its original working mobile phone application and Mr. Del Vecchio's new application had no working mobile phone application. The letters sent to investors and posted on the internet do not disclose any of the Company's problems. These disclosures are required by the Securities and Exchange Commission under their Misleading Statement or Omission under Rule 10b-5 http://bit.ly/cqEI18. In an attempt to conceal the fraud committed by Mr. Del Vecchio, AMBER Ready took down AMBER Ready's Website (http://www.amberready.com/) and the Bergen County Sheriff also took down it's AMBER Ready enrollment page. AMBER Ready currently has another webpage that is still active at http://www.amberreadymobile.com. Once Mr. Del Vecchio realizes the webpage is still up, it will probably be taken down to also conceal Mr. Del Vecchio's fraud. To confirm Mr. Del Vecchio and AMBER Ready did not disclose the Company did not have a working mobile phone application, copies of the investors webpage was copied and the latest shareholder letter dated June 30, 2010 can also be downloaded to further confirm AMBER Ready's fraud.

AMBER Ready's Investors Webpage To Promote A Wireless Phone Emergency Response Application: http://bit.ly/c6FG1M

Latest Letter to AMBER Ready Shareholder that Conceals the Mobile Phone Application Problem: http://bit.ly/cNHbni

Mr. Del Vecchio used his relationships developed when he was the Director of Public Safety for Bergen County, New Jersey to enable the Bergen County Sheriff Department to endorse, market and sell the AMBER Ready Mobile Phone application that did not work. In an attempt to provide a good service for Bergen County residents, Sheriff Leo McGuire trusted Mr. Del Vecchio to not mislead police, parents and children by enabling the AMBER Ready Program to be sold on the Bergen County Sheriff's website. Learning of the fraud committed by Mr. Del Vecchio and the mobile phone child safety application did not work, the AMBER Ready enrollment page was also taken down from the Official Bergen County Sheriff's Website. A copy of the endorsement page is also available to download that proves Deputy Police Chief, Del Vecchio committed fraud against Bergen County Residents.

Bergen County Sheriff's Office Website to Confirm Mr. Del Vecchio's Against Bergen County Residents: http://bit.ly/dCki7F

Former AMBER Ready employees have assembled more than 100 documents to confirm Mr. Del Vecchio, some AMBER Ready Board Members, John Thomas Financial, John Thomas Bridge and Opportunity Fund, and several law firms participated in aiding Mr. Del Vecchio to commit consumer and securities fraud. Mr. Del Vecchio arranged for the former CEO and Founder of AMBER Ready to be terminated for his own personal promotion and salary raise of more than $340,000 per year, in addition to his $150,000 annual salary as the Deputy Police Chief of Fairview, New Jersey. Mr. Del Vecchio has a long history of committing fraud. He has used his political connections and the public trust for his own personal self interest. Any normal citizen that has committed the levels of fraud by Mr. Del Vecchio would be facing serious criminal charges by Local, State and Federal agencies. AMBER Ready is out of funding and is currently raising additional investor capital through Galaxy Media and Marketing Corporation to enable Mr. Del Vecchio to continue to receive his salary, while he defrauds more Americans.

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 Galxy 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).  How long will Mr. Del Vecchio continue to use his political and police connections to defraud Americans before the American Judicial System takes actions against Mr. Del Vecchio. Only time will tell.

Confirmation of Galaxy Media and Marketing Company's Filing to Raise Additional Investor Capital to Defraud Investors: http://bit.ly/cCd70B

For more Frank Del Vecchio Fraud articles, see below:
https://bit.ly/3ked2aZ
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