If there is one person that simply can't stay out of trouble it is Richard Altomare, the notorious former CEO of Universal Express, Inc. (USXP.PK).Not long after the SEC seized his company and appointed a receiver (click here to read about the case) it was discovered that $558,900 had been wired from the company bank account to Les Bijoux, a retail jeweler located in Boca Raton, FL. The money was used by Altomare to purchase various pieces of jewelry. Later it was learned that Altomare had taken the jewelry purchased at Les Bijoux and sold it to The Estate Department, Inc., a second hand jewelry dealer, where Altomare obtained $500,000 in cash for the jewelry. All of this was done while Altomare was failing to make court ordered payments on a judgment obtained by the SEC.
After reading the above you might say "stick a fork in Altomare, he's done". Probably so but unfortunately for Altomare he has a following in a discussion group that likes their meat very well done.
Click on the thumbnail of the receipt they found in the court filings. Notice where it says "Out-of-State sale, exempt from sales tax" and then look at the addresses given for both the buyer and the seller. How is it they can claim the item was exempt from Florida sales tax when it's obvious the sale was in State?
You can bet the farm Altomare's detractors will make sure that question gets answered.
Information regarding the laws and regulations governing the collection of the sales tax in Florida can be found in the following links:
Annual Resale Certificate for Sales Tax
Internet and out-of-state purchases
Methods for Documenting Sales for Resale
Contact information:
Florida Department of Revenue
104 Carlton Building
5050 W Tennessee St
Tallahassee, FL 32399-0100
EMailDOR@dor.state.fl
Posts
7 comments:
Ahh, nicely done. Tax scuflaws must be punished! In RAs Case, it should be Jail. And then wqhen he is Indicted for fraud, he should be Jailed even longer. And he threw Barbara under the bus by saying she did all the Jewelry stuff. So Jail for here to!! And for good luck, throw that little twit Brian in the same Jail. A true parasite living off the USXP SH's! And get the money back from Scott Altomare. Golly, what did he do for that money??
That "everything is salary' on the Stand ranting just won't wash. But it did put the fluffy fraudster on record under opath. The SEC and DOJ will slam dunk the old conman over that! (Psst, that process has now begun with the new evidence)!
Hey, how about a column on SOX Violations by Altomare. Like you got dozens to choose from!
The next after that should be on IRS Fraud. Plenty of that apparently with Taxes due of plane rides (due by the family also!!), Car Leases probably, gambling debts, hotel bills, Cloud-9 amenities (ain't that a nice word for it), etc. I suspect the etc is HUGH!!
PS If the SEC had a good sense of humor, they would depose Gunderson again and concentrate on the papers he s has "that proved NSS" as well as all the bullshit legal opinions he gave Altomare to commit fraud. The SEC is being to easy on Gunderbroke. Deposing Altomare, this time by the SEC themselves witha DOJ Criminal Lawyer present, would force him to answer questions under oath again. I suspect he will change the Testimony Story considerably when specific questions and counters to his BS are asked and/or claim the 5th. Make sure the questions tie to finding assets. If he starts claiming the 5th again, Lynch will have no choice but to Jail him! At this point, the SEC should go for the Jugular. They need to get one of their meanest, nastiest, anti-crime Lawyers (preferably one who had family in the WTC and an ex-Marine) to do the Deposition of the Fraudster. With vigor. And slap that inept Tiffy down when he opens his mouth to interfere! Jane did, but not often enough! I'd love to know his role in all this. IMO!!
PPS Early on, Hugh Beck's Affidavit said RA received money from Neuhaus from one of the Pump and Dumps. That should be pursued, if true.
PPPS I'd also like further investigation of Tony/tkalantzis and Arun Somewhatever. They are reciving e-mails etc from Burrell and/or Gunderson. Burrell is even scammier than Gundy, but both are feeding BS to that Crazy Board Arun runs. Some Justice needed there, please!
There is also the matter of the $32million value of his stock that altomare claimed on his recent mortgage applications.
"PPPS I'd also like further investigation of Tony/tkalantzis and Arun Somewhatever. They are reciving e-mails etc from Burrell and/or Gunderson. Burrell is even scammier than Gundy, but both are feeding BS to that Crazy Board Arun runs. Some Justice needed there, please!"
I recall seeing some posts by dooruf that would indicate the above was going on. Do you have links to those posts?
Why sure! here ya go...
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BEFORE he amended it:
Posted by: Doogrof
In reply to: Doogrof who wrote msg# 14393 Date:2/6/2008 12:02:46 PM
Post #of 14394
From: Chris Gunderson target="_blank"mailto:chgunderson@gmail.com
Sent: Wednesday, February 06, 2008 6:46 AM
To: Bud Burrell
Subject: Statement of 2-6-08
Mr. C. Austin Burrell
Buddy:
Attached is a statement which you may wish to distribute to our supporters.
Very Best, Chris
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26589082
AFTER he amended it:
Posted by: Doogrof
In reply to: Doogrof who wrote msg# 14393 Date:2/6/2008 12:02:46 PM
Post #of 14394
From: Chris Gunderson
Sent: Wednesday, February 06, 2008 6:46 AM
To: Bud Burrell
Subject: Statement of 2-6-08
Mr. C. Austin Burrell
Buddy:
Attached is a statement which you may wish to distribute to our supporters.
Very Best, Chris
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26589082
Posted by: Doogrof
In reply to: None Date:2/6/2008 11:51:57 AM
Post #of 14394
The shareholders are aware that the first hearing was held recently on an aspect of this matter – a bit late – in this tragic American business debacle.
A public company seized, liquidated, many unemployed and tens of thousands of shareholders losing their investments without any hearing.
It is predicted by many attuned to the background of the case and the briefs put forth, that the appeal will be successful.
Too bad the SEC wanted to silence this courageous CEO for over ten years, who has the goods on the SEC’s naked short selling coverup.
Conflicted SEC agents sold off the Company’s assets, brands and businesses, the actual property of its shareholders, worth millions of dollars, for virtually nothing.
Those agents defamed the Company’s hard working employees, its managers, officers and its shareholders.
The federal Whistleblower Act, Court of Claims and other tribunals and venues will correct and restore what a conflicted agency and its greedy agents sought to destroy by the fire sale of a great developing company.
After the successful appeal will follow the proper punishments and hearings long overdue in this embarrassment to the American system and blatant abuse of power, which is about to explode in the faces of the perpetrators.
Universal Express will rise again and the SEC and its minions will pay for it.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26588595
BTW, have you seen what Tony Lalantzis apparently posted to Anvil/CT. What a pedophile. He should be in Jail, the scum!!
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Posted by: Anvil/CT
In reply to: None Date:2/5/2008 6:27:00 PM
Post #of 14424
Virginian, Pup, dickand babs, this includes you guys as well:
Best of luck
Anvil
To all board membets:
As I was riding the subway home this afternoon, my thoughts turned toward yesterday’s hearing. I am quite frustrated at the pace of justice and feel that in this case, crime might pay. As those of you who have followed my posts can attest, I have expended enormous energy in following this saga. Over the course, I have encountered many posters, Arun, Robert Ross, Mark, Needs, Josh, Mezz, Jking and many others. However, I am tired of following what will continue to be a long drawn out legal process “we are close to a year from the judgement and RA is still up for contempt charges”. As such, I am hanging up my spurs. This is my second to last post (last being my notes from yesterday).
I will say that despite Arun’s and mine cyber disagreements, he is not a bad guy and I admire his persistency in trying to salvage whatever value there is in this mess. However, I point out that he has erred in judgement by banning me and others while allowing a poster that has openly threatened the receiver, as well, as sodomize and deficate (sic) on my youngest daughter (yes, TK, I have the message saved).
In any event, its been fun, but quite frustrating of late.
CT/Anvil Out!!!!!!!!!!!!!
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http://investorshub.advfn.com/boards/read_msg.asp?message_id=26569863
Tony also threatened to kill Jane Moscowitz with a shovel. In a better mood, he called her a Prostitute! Tony WILL BE Indicted, I am hearing! That's good. Pedophiles and ragers need to be in Prison. he is one sick SOB, who has no idea what is lined up for him. Sweeeet!!!!!!!!!!!!!!
Hello Brad,
Keep up the nice work. Post a message at equitygroups.com supporting your blog!
Will you be following the Altomare Jailing?
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