DD Support Board and Research Team

[nodummy]

Thomas & Jeffrey DeNunzio and Paul Moody together run V Financial Group LLC

http://www.vfinancialgroup.com/our-team.html

Thomas DeNunzio is Jeffrey DeNunzio’s father

As you mentioned Flagship Global Corp (FGCN) which was previously known as NL One Corp (NLLN) links this group to Adam Tracy who did the attorney work for the NLLN shell when it went public

http://www.otcmarkets.com/stock/FGCN/profile

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001486640

https://www.sec.gov/Archives/edgar/data/1486640/000156786014000014/legalopinion.htm

NL One Corp (now Flagship Global Corp) was one of the 15 IPOs that Adam Tracy helped take public that the SEC is interested in asking Adam Tracy about

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123774205

Here is the Subpoena the SEC sent Adam Tracy back in November of 2015

https://promotionstocksecrets.com/wp-content/uploads/2016/08/SECAdamTracyExhibitB.pdf

In that Subpoena they asked Tracy to provide all documents between Securities Compliance (Adam Tracy) and NL One Corp as well as all communications, to include, but not limited to, correspondence, e-mails, faxes, phone records, and instant messages between Securities Compliance (Adam Tracy) and DeNunzio and Moody.


As Janice pointed out in the following post, after ignoring the Subpoena for months, Tracy finally responded last month and his excuse for blowing off the SEC was far from impressive blaming it all on his attorney, Alex Rue, which he ended up firing:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124225865


Adam Tracy is also the attorney they hired for the RDXH shell that Thomas DeNunzio recently took control of

http://www.otcmarkets.com/stock/RDXH/profile

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=VD%252bbP34p%252fBrK31ZSgAk%252b4w%253d%253d

Unfortunately RDXH has not done any filing since DeNunzio and Tracy got involved so details there are limited.


Adam Tracy also provided the legal opinion for a Form 1-A filing done by V Financial Group Inc (DeNunzio) for a company called Weed Real Estate Inc

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1643584

https://www.sec.gov/Archives/edgar/data/1643584/000162746915000017/legalopinion.htm



You'll notice that V Financial Group Inc says they are in the business of creating blank check shell companies to sell to businesses looking to go public

http://www.vfinancialgroup.com/shell-companies-for-sale.html

You'll find several Blank Check companies linked to Thomas DeNunzio over the past few years on Edgar

https://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%22Thomas+DeNunzio%22&sort=Date&startDoc=1&numResults=10&isAdv=false&formType=1&fromDate=mm/dd/yyyy&toDate=mm/dd/yyyy&stemming=true

As Janice pointed out in the following post, Blank Check shell factories are not as prevalent or popular in recent years because of changes in how the SEC looks at them since 2008

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124495578

It could be that DeNunzio is taking a new approach to his shell flipping business and now looking at picking up abandoned and/or abused pink sheet tickers to flip also.

I've been told that Thomas DeNunzio is the one driving the bus for the Adam Tracy shell hijacking/flipping business, but I haven't had time yet to dig into that tip to see how true the statement might be or not.



You'll notice in the FGCN/NLLN S-1 filing that Thomas DeNunzio was the majority shareholder receiving 314,000,000 of his 324,010,000 shares for services rendered which amounted to helping to put together the shell's forward looking business plan.

https://www.sec.gov/Archives/edgar/data/1486640/000156786015000054/amendment_s1a7.htm

Thomas DeNunzio didn't hold any officer or director position because of his history. In 1991 he was Indicted for Mortgage fraud. He participated in a land flipping scheme along with Glenn Monteiro, Janet G. Dolber, Joseph Cassiere and Janet Pezzullo.

DeNunzio and Monteira ran a Mortgage Loan business named Rate Line. According to the FBI, DeNunzio and Monteiro planned and organized the fraudulent scheme, under which one of three straw corporations they controlled (Half & Half, Inc., ZBA Corp. and Chantel, Inc.) purchased foreclosed property for cash and resold the property on the same day to straw buyers at a much higher price. Mortgage loan funds received from the lending institutions were used to pay the corporation controlled by Rate Line and that corporation then paid for the first sale. The balance then went to DeNunzio and Monteiro, channeled through Rate Line.

DeNunzio and Monteiro ended up pleading guilty first in 1992. DeNunzio was sentenced to 21 months in Federal Prison and Ordered to pay $500,000 in restitution. The pair then became cooperating witnesses for the Government against the other 3 Defendants. Because of his cooperation with helping the Government get guilty convictions against the other 3 Defendants, Thomas DeNunzio got off fairly easily with just 6 months in a community corrections center. He was still expected to pay $500,000 in restitution.

Court documents were not available on Pacer because the case was so old, but you can read some of the details at the following links:

https://law.resource.org/pub/us/case/reporter/F3/004/4.F3d.1006.92-2182.92-2074.92-2073.html

http://www.thefreelibrary.com/APPRAISER+SENTENCED+TO+37+MONTHS+IN+LAND+FLIP+SCHEME-a012556718

Several years later in 2007 the government filed a letter saying that DeNunzio had failed to pay his restitution and was now on the hook for $828,339.01 because of Interest.

https://promotionstocksecrets.com/wp-content/uploads/2016/08/denunziorestitutionletter2007.pdf

https://promotionstocksecrets.com/wp-content/uploads/2016/08/denunziorestitution2.pdf

According to the last entry for the case on Pacer from September 2007, the Government and Thomas DeNunzio reached "a mutually satisfactory payment agreement".

https://promotionstocksecrets.com/wp-content/uploads/2016/08/denunziorestitutionmspa.pdf

Unfortunately we are not told what that agreement was.


I'm not sure how "legitimate" you can consider a Convicted Felon like Thomas DeNunzio especially when you consider that his S-1 shell (NL One Corp/Flagship Global Corp) is now of interest to the SEC in an ongoing investigation against Adam Tracy for a possible sham IPO operation.