by Tonyd621 » Mon Jul 18, 2022 6:09 pm
Pelullo was close to Scarfo Sr before associating with Junior. The older Sacrfo treated Pelullo as his "nephew it also states.
•scarfo junior was convicted in 1990 of assaulting a woman in an hospital elevator (I did not know)
•scarfo Jr had set up a trust for his daughter and the money went to that which was called Learned Associates of North America LLC. ("LANA")
•that trust and other entities financially enriching Scarfo were run by co decedent and cousin John Parisi
•Pellulo and Scarfo (this was a smart move move if your into that sort of thing) created 3 shell companies and made firstplus acquire them for
A)Rutgers investment group llc (1.8m and 100k shares of firstplus
B)globalnet enterprises llc ($4.5M and million plus shares)
C) the premier group llc (aggregate total $725,000)
•pelullo brought in a man from a business brokerage firm to value their companies at valuations far exceeding what book value was (similar to real estate appraiser in sopranos)
•pelullo hired another man to meet disclosure requirements for being a publicly traded company by threatening him to not disclose certain material information
•one co defendant named John Maxwell drove from dallas,TX to scarfos house in NJ to deliver a gun (I thought was odd) Maxwell discovered he was being followed on that trip
•When Scarfo, Pelullo, and their co-conspirators took
over the company in early June 2007, FirstPlus had almost $10
million in its accounts, and it received a $4.4 million waterfall
payment later that year. By the following May, when the FBI
seized the accounts, there was less than $2,000 left.
•The Court also fielded a complaint from a juror, who
said that other members of the jury were being intransigent in
discussions )which basically the juror doesn't agree with everyone else)
•alot of issues with jurors
•pelullo said the govt failed to conduct his trial in accordance with "speedy trial act"
Pelullo was close to Scarfo Sr before associating with Junior. The older Sacrfo treated Pelullo as his "nephew it also states.
•scarfo junior was convicted in 1990 of assaulting a woman in an hospital elevator (I did not know)
•scarfo Jr had set up a trust for his daughter and the money went to that which was called Learned Associates of North America LLC. ("LANA")
•that trust and other entities financially enriching Scarfo were run by co decedent and cousin John Parisi
•Pellulo and Scarfo (this was a smart move move if your into that sort of thing) created 3 shell companies and made firstplus acquire them for
A)Rutgers investment group llc (1.8m and 100k shares of firstplus
B)globalnet enterprises llc ($4.5M and million plus shares)
C) the premier group llc (aggregate total $725,000)
•pelullo brought in a man from a business brokerage firm to value their companies at valuations far exceeding what book value was (similar to real estate appraiser in sopranos)
•pelullo hired another man to meet disclosure requirements for being a publicly traded company by threatening him to not disclose certain material information
•one co defendant named John Maxwell drove from dallas,TX to scarfos house in NJ to deliver a gun (I thought was odd) Maxwell discovered he was being followed on that trip
•When Scarfo, Pelullo, and their co-conspirators took
over the company in early June 2007, FirstPlus had almost $10
million in its accounts, and it received a $4.4 million waterfall
payment later that year. By the following May, when the FBI
seized the accounts, there was less than $2,000 left.
•The Court also fielded a complaint from a juror, who
said that other members of the jury were being intransigent in
discussions )which basically the juror doesn't agree with everyone else)
•alot of issues with jurors
•pelullo said the govt failed to conduct his trial in accordance with "speedy trial act"