|Associated Company Name:||Timeshare Mega Media|
Marketing Group Inc
|Details of criminal activity:||Pasquale Pappalardo and Joseph Crapella started a branch office of Time Share Market Pro (TMP), a timeshare resale business. In June 2009, at the direction of Pappalardo and Crapella, their associates took customer files and the electronic database of TMP, among other items, without the knowledge of the owner of TMP.|
Pappalardo and Crapella then took the employees and the documents seized from TMP and formed a second timeshare resale company called TMMMG. In November 2009 and January 2010, TMMMG hired salesmen who worked for other fraudulent telemarketing resale companies, including Audwin Lovinsky. Among the lies they would tell timeshare unit owners was that they had sold their timeshare units and that they needed to pay a refundable fee to secure the sale. The salesmen would then ask the timeshare unit owners for a fee of at least $1,996 and as much as $10,000. At no time were there any buyers for the timeshare units.
During the 10 months that TMMMG was in business, it fraudulently obtained approximately $5,000,000 from about 3,000 customers.
|Authority Actions:||Nov-2013, Florida, US|
* Guilty of conspiracy to commit mail fraud and wire fraud,
* Jailed for 20 years & three years of supervised release.
* Ordered to pay restitution in the amount of $1,061,401 and forfeiture of $3,500,000.
|Audwin Lovinsky (Edwin Lovins)
Joseph Crapella (Joey Cigars)
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