Post by Scumhunter on Aug 20, 2016 0:24:30 GMT -5
(Above photo credit: FBI.Gov)
Fugitive Profile as of August 20th, 2016: (Based on fbi.gov wanted poster)
Alias: John A. Porcaro
Date(s) of Birth Used: June 16, 1959
Place of Birth: New York
Hair: Brown
Eyes: Brown
Height: 5'8"
Weight: 197 pounds
Sex: Male
Race: White
Occupation: Moving company owner
Nationality: American
Scars and Marks: Porcaro has an artificial right eye and a scar above his left eye.
Remarks: Porcaro is an alleged associate of the Gambino crime family in New York.
TIPS: If you have any information concerning this person, please contact your local FBI office or the nearest American Embassy or Consulate
From the FBI's website:
John Anthony Porcaro is wanted for his alleged involvement in a South Florida telemarketing scheme which defrauded more than 400 individuals throughout the United States out of more than $5 million. Between February and December of 1998, the Trump Financial Group and the Sheffield Group were doing business as telemarketing firms which obtained money from investors for purported investment in foreign currency options in the foreign exchange markets. It is alleged that investors were promised as much as 700 percent returns based upon the rise and fall of the value of foreign currencies in relation to the value of the United States Dollar.
Investors rarely, if ever, received returns on their investments and money raised from investors allegedly was used for the personal benefit of the firms' principal employees and telemarketers who sold investments. A substantial amount of the money also was transferred to offshore bank accounts in the Cayman Islands.
On October 21, 2003, a federal indictment was filed by the United States District Court, Southern District of Florida, charging Porcaro, and others who are no longer at large, with multiple counts of wire fraud, mail fraud, and money laundering. A federal warrant remains outstanding for the arrest of Porcaro.
www.fbi.gov/wanted/wcc/john-anthony-porcaro
Thoughts? To answer the obvious question, all articles I can find on this case state that Trump Financial Group is not related in any way to current Presidential candidate Donald J. Trump. In my opinion, it's possible the company chose the name on purpose to look more legitimate (back then, Trump wasn't nearly as controversial a figure and was mainly known as a successful businessman), but I can't say for sure.
Admin Note: If you have any (news-related) updates on this case, please contact us here: amwfans.com/thread/1662/website-contact-form
