DD Support Board and Research Team

[DaReal]

$SIPN - First Fidelity Files Fraud Charges Against Dominic Alessandro

The following is a copy of the text of a Criminal Complaint involving Dominic Alessandro, a "so called" Investor/ Stock Promoter and First Fidelity, Inc. a financial consultancy and Deposit Broker as registered and incorporated in the states of Oregon and Florida.

UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA

UNITED STATES OF AMERICA
v.
DOMINIC ALESSANDRO
Defendant(s)

CRIMINAL

COMPLAINT


I, FIRST FIDELITY, INC., the complainant in this case, state that the following is true

to the best of my knowledge and belief.

On or about October 2011, First Fidelity, Inc. (hereinafter “complainant”) a financial services provider entered into a stock subscription agreement (hereinafter “agreement”) with Dominic Alessandro; dba RAMM VENTURE DEVELOPEMENT INC. (hereinafter referred to as “defendant” to purchase from the complainant EIGHT HUNDRED THOUSAND (800,000) shares of common stock in a company known as SIPP International Industries, Inc., for a total purchase

price of FOUR HUNDRED THOUSAND DOLLARS ($400,000.00).

1.) That on or about December of 2011, the defendant did purposely make false representations of a matter of fact by words and by conduct, with false and misleading allegations, and by concealment of what should have been disclosed, did deceitfully cause the complainant to send to the defendant the (800,000) shares of SIPP International Industries,Inc. stock.

2.) That on or about January of 2012, numerous demands were made to the defendant to pay for the shares of stock as agreed.

3.) That on or about February of 2012 and without receipt of payment the defendant had caused the shares to be sold through his off shore brokerage account at Credit Suisse, Nassau, Bahamas.

4.) That the defendant’s action caused the SIPP International Industries, Inc. stock price to plummet from $2.75 per share to $.03 per share of which the drastic drop in price has had an enormous financial impact on the SIPP International Industries, Inc. shareholders totaling a loss of $81,600,000.00 in shareholder value.

5.) That the defendant has willfully violated USC 18 Section 2314; the transportation of stolen goods, securities, moneys, tax stamps, or articles used in counterfeiting, and USC 18 Section 2315; sale or receipt of stolen goods, securities, moneys, and fraudulent State tax.

________________________________
Complainant/ First Fidelity, Inc.

Sworn to me before and signed in my presence:

http://www.ripoffreport.com/investment-brokers/ramm-venture-develop/ramm-venture-developments-inc-d09c0.htm