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.
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NYCHA Announcement Of $1.5 Million
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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).
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Frank Del Vecchio
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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).
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Launch Of With President Of FLEOA
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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).
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Thomas Belesis
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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).
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George Jarkesy
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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.
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