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Thread: Andy Badolato

  1. #1
    Join Date
    May 2016
    Posts
    14

    Andy Badolato

    It looks like one Andy Badolato is a scam artist!

    This information is from public records and currently available by a simple search online. I am just complying it in one thread to warn people.

    Subject:

    Andy Badolato
    Andrew Badolato
    The USA Exchange



    Let's take look at the information we found on the Internet:


    Andy Badolato is currently raising money from private investors for a company called The USA Exchange, Inc. It appears that he is promising huge yields of return when the company merges with a pink sheet shell. Investors are promised that they will be able to cash out their investment and keep their shares or part of them. The USA Exchange was supposed to go public in January 2016. So far is June 2016 and there is no clear chance of that happening.


    This guy appears to be a con-artist. Andy Badolato has filed personal bankruptcies at least 2, perhaps 3 times and has a long history of legal disputes (at least 23 public cases of lawsuits against him for fraud, breach of contract and others on pacer.gov) and unpaid debts including judgments and lawsuits against him from the IRS. Claims of child molestation, employee sexual harassment and his Florida beach house is currently in foreclosure (May 2016), Also, there is at least already one lawsuit and judgement against his new company, The USA Exchange Inc. in the Florida Courts by a vendor named Kappa East which he did not pay.


    According to publicly available records, he had been involved in several pink sheet frauds and in bribery cases involving a company called Renewable Corporation, Inc. OTC:IBOT.


    He changed his public persona to his nick name “Andy” to hide his frauds and scams, judgements against him, charges of child molestation and employee harassment. His real name is Andrew Martin Badolato, off course. It also looks like he spent a lot of time and money creating personal profiles and pages in directories to hide his awful and crooked record.


    Information from UTEK Corp.
    http://sharesleuth.com/investigations/2006/10/utek_corp


    “Andrew M. Badolato, has a long history of legal disputes and unpaid debts.


    Sharesleuth ran a routine check of the online court records in Sarasota County, IBC’s home base, and found at least 15 financial-related suits listing Badolato as a defendant. Those cases include a foreclosure action brought this year on his $2.4 million house, a $1.85 million suit brought in 2001 by an investor in another Badolato venture and judgments won by 2003 American Express Corp. and a Bahamian resort and casino for unpaid bills.


    Other judgments: Judgment against him for $112,000 from Carter Footwear, Inc.


    Judgment against him for $25,000 from Steven Meininger


    Unpaid taxes IRS Lawsuits: https://dockets.justia.com/docket/florida/flmdce/8:2011mc00117/265131


    USA v. Badolato
    Petitioner: USA
    Respondent: Andrew Badolato
    Case Number: 8:2011mc00117
    Filed: November 10, 2011
    Court: Florida Middle District Court
    Office: Tampa Office
    County: Hillsborough
    Presiding Judge: Virginia M. Hernandez Covington
    Referring Judge: Anthony E. Porcelli
    Nature of Suit: Taxes (US Plaintiff or Defendant)
    Cause of Action: 26:7402




    United States of America v. Badolato
    Petitioner: United States of America
    Respondent: Andrew Badolato
    Case Number: 8:2012mc00118
    Filed: September 17, 2012
    Court: Florida Middle District Court
    Office: Tampa Office
    Referring Judge: Elizabeth A. Jenkins
    Presiding Judge: Elizabeth A. Kovachevich
    Nature of Suit: Other




    Andy Badolato has worked as an investment banker specializing in helping small companies raise money or go public. Other suits in Florida show that Badolato had a pattern of privately reselling stock he has received in connection with his activities, without registering the shares or disclosing the transactions.”




    This is the latest of many bankruptcies Andrew “Andy” Badolato has filed
    Andrew Martin Badolato
    Case: 8:2014-bk-11442-MGW
    CH: 7
    Filed: September 29, 2014
    Discharged: December 28, 2014
    Address: 3108 Casey Key Rd Nokomis, FL 34275-3360


    Judgments:


    http://pacer.flmb.uscourts.gov/judgm...e/62HCYEBC.pdf


    http://pacer.flmb.uscourts.gov/judgm...e/A1EY1MI4.pdf


    Pink sheet fraud: Mr. Andrew M. Badolato, The Chairman and CEO of the company filed Chapter 7 bankruptcy in 2005 and was discharged in 2006. Mr. Badolato intends to file chapter 13 bankruptcy in the 4th quarter 2009. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=26091
    Bribery cases: http://www.law360.com/articles/27127...broker-bribery
    Curshen ran his scheme through a Costa Rica-based company called Red Sea Management Ltd., according to prosecutors. He made a deal with IBOT's owner, Andy Badolato, to sell 3 million company shares in exchange for a 25 percent cut of the proceeds.


    Reports of Child Molestation: Although we could not find him on the Megans law website, we found a lot of blog posts on this. Not confirmed but something to look into: ANDREW BADOLATO of Sarasota Florida is a known CHILD MOLESTER/PEDOPHILE and professional scam/con artist. Hundreds of potential investors etc are being warned not to get involved with any pool agreement to destroy Renewable Corporation or to be involved with ABOUT MAIN STREET or anything Badolato or his promoters, firms etc are involved with.
    http://99wallstreet.com/discussion/p...le/investors-2






  2. #2
    Join Date
    May 2016
    Posts
    14

    Re: Andy Badolato

    Quote Originally Posted by Fraudfinder7 View Post
    It looks like one Andy Badolato is a scam artist!

    This information is from public records and currently available by a simple search online. I am just complying it in one thread to warn people.

    Subject:

    Andy Badolato
    Andrew Badolato
    The USA Exchange



    Let's take look at the information we found on the Internet:


    Andy Badolato is currently raising money from private investors for a company called The USA Exchange, Inc. It appears that he is promising huge yields of return when the company merges with a pink sheet shell. Investors are promised that they will be able to cash out their investment and keep their shares or part of them. The USA Exchange was supposed to go public in January 2016. So far is June 2016 and there is no clear chance of that happening.


    This guy appears to be a con-artist. Andy Badolato has filed personal bankruptcies at least 2, perhaps 3 times and has a long history of legal disputes (at least 23 public cases of lawsuits against him for fraud, breach of contract and others on pacer.gov) and unpaid debts including judgments and lawsuits against him from the IRS. Claims of child molestation, employee sexual harassment and his Florida beach house is currently in foreclosure (May 2016), Also, there is at least already one lawsuit and judgement against his new company, The USA Exchange Inc. in the Florida Courts by a vendor named Kappa East which he did not pay.


    According to publicly available records, he had been involved in several pink sheet frauds and in bribery cases involving a company called Renewable Corporation, Inc. OTC:IBOT.


    He changed his public persona to his nick name “Andy” to hide his frauds and scams, judgements against him, charges of child molestation and employee harassment. His real name is Andrew Martin Badolato, off course. It also looks like he spent a lot of time and money creating personal profiles and pages in directories to hide his awful and crooked record.


    Information from UTEK Corp.
    Quote Originally Posted by Fraudfinder7 View Post
    http://sharesleuth.com/investigations/2006/10/utek_corp


    “Andrew M. Badolato, has a long history of legal disputes and unpaid debts.


    Sharesleuth ran a routine check of the online court records in Sarasota County, IBC’s home base, and found at least 15 financial-related suits listing Badolato as a defendant. Those cases include a foreclosure action brought this year on his $2.4 million house, a $1.85 million suit brought in 2001 by an investor in another Badolato venture and judgments won by 2003 American Express Corp. and a Bahamian resort and casino for unpaid bills.


    Other judgments: Judgment against him for $112,000 from Carter Footwear, Inc.


    Judgment against him for $25,000 from Steven Meininger


    Unpaid taxes IRS Lawsuits: https://dockets.justia.com/docket/fl...mc00117/265131


    USA v. Badolato
    Petitioner: USA
    Respondent: Andrew Badolato
    Case Number: 8:2011mc00117
    Filed: November 10, 2011
    Court: Florida Middle District Court
    Office: Tampa Office
    County: Hillsborough
    Presiding Judge: Virginia M. Hernandez Covington
    Referring Judge: Anthony E. Porcelli
    Nature of Suit: Taxes (US Plaintiff or Defendant)
    Cause of Action: 26:7402




    United States of America v. Badolato
    Petitioner: United States of America
    Respondent: Andrew Badolato
    Case Number: 8:2012mc00118
    Filed: September 17, 2012
    Court: Florida Middle District Court
    Office: Tampa Office
    Referring Judge: Elizabeth A. Jenkins
    Presiding Judge: Elizabeth A. Kovachevich
    Nature of Suit: Other




    Andy Badolato has worked as an investment banker specializing in helping small companies raise money or go public. Other suits in Florida show that Badolato had a pattern of privately reselling stock he has received in connection with his activities, without registering the shares or disclosing the transactions.”




    This is the latest of many bankruptcies Andrew “Andy” Badolato has filed
    Andrew Martin Badolato
    Case: 8:2014-bk-11442-MGW
    CH: 7
    Filed: September 29, 2014
    Discharged: December 28, 2014
    Address: 3108 Casey Key Rd Nokomis, FL 34275-3360


    Judgments:


    http://pacer.flmb.uscourts.gov/judgments/case/62HCYEBC.pdf


    http://pacer.flmb.uscourts.gov/judgments/case/A1EY1MI4.pdf


    Pink sheet fraud: Mr. Andrew M. Badolato, The Chairman and CEO of the company filed Chapter 7 bankruptcy in 2005 and was discharged in 2006. Mr. Badolato intends to file chapter 13 bankruptcy in the 4th quarter 2009. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=26091
    Bribery cases: http://www.law360.com/articles/271274/stock-promoter-gets-16-months-for-broker-bribery
    Curshen ran his scheme through a Costa Rica-based company called Red Sea Management Ltd., according to prosecutors. He made a deal with IBOT's owner, Andy Badolato, to sell 3 million company shares in exchange for a 25 percent cut of the proceeds.


    Reports of Child Molestation: Although we could not find him on the Megans law website, we found a lot of blog posts on this. Not confirmed but something to look into: ANDREW BADOLATO of Sarasota Florida is a known CHILD MOLESTER/PEDOPHILE and professional scam/con artist. Hundreds of potential investors etc are being warned not to get involved with any pool agreement to destroy Renewable Corporation or to be involved with ABOUT MAIN STREET or anything Badolato or his promoters, firms etc are involved with.
    http://99wallstreet.com/discussion/posttitle/investors-2







    It looks like one Andy Badolato is a scam artist!

    This information is from public records and currently available by a simple search online. I am just complying it in one thread to warn people.

    Subject:

    Andy Badolato
    Andrew Badolato
    The USA Exchange



    Let's take look at the information we found on the Internet:


    Andy Badolato is currently raising money from private investors for a company called The USA Exchange, Inc. It appears that he is promising huge yields of return when the company merges with a pink sheet shell. Investors are promised that they will be able to cash out their investment and keep their shares or part of them. The USA Exchange was supposed to go public in January 2016. So far is June 2016 and there is no clear chance of that happening.


    This guy appears to be a con-artist. Andy Badolato has filed personal bankruptcies at least 2, perhaps 3 times and has a long history of legal disputes (at least 23 public cases of lawsuits against him for fraud, breach of contract and others on pacer.gov) and unpaid debts including judgments and lawsuits against him from the IRS. Claims of child molestation, employee sexual harassment and his Florida beach house is currently in foreclosure (May 2016), Also, there is at least already one lawsuit and judgement against his new company, The USA Exchange Inc. in the Florida Courts by a vendor named Kappa East which he did not pay.


    According to publicly available records, he had been involved in several pink sheet frauds and in bribery cases involving a company called Renewable Corporation, Inc. OTC:IBOT.


    He changed his public persona to his nick name “Andy” to hide his frauds and scams, judgements against him, charges of child molestation and employee harassment. His real name is Andrew Martin Badolato, off course. It also looks like he spent a lot of time and money creating personal profiles and pages in directories to hide his awful and crooked record.


    Information from UTEK Corp.
    http://sharesleuth.com/investigations/2006/10/utek_corp


    “Andrew M. Badolato, has a long history of legal disputes and unpaid debts.


    Sharesleuth ran a routine check of the online court records in Sarasota County, IBC’s home base, and found at least 15 financial-related suits listing Badolato as a defendant. Those cases include a foreclosure action brought this year on his $2.4 million house, a $1.85 million suit brought in 2001 by an investor in another Badolato venture and judgments won by 2003 American Express Corp. and a Bahamian resort and casino for unpaid bills.


    Other judgments: Judgment against him for $112,000 from Carter Footwear, Inc.


    Judgment against him for $25,000 from Steven Meininger


    Unpaid taxes IRS Lawsuits: https://dockets.justia.com/docket/fl...mc00117/265131


    USA v. Badolato
    Petitioner: USA
    Respondent: Andrew Badolato
    Case Number: 8:2011mc00117
    Filed: November 10, 2011
    Court: Florida Middle District Court
    Office: Tampa Office
    County: Hillsborough
    Presiding Judge: Virginia M. Hernandez Covington
    Referring Judge: Anthony E. Porcelli
    Nature of Suit: Taxes (US Plaintiff or Defendant)
    Cause of Action: 26:7402





    United States of America v. Badolato
    Petitioner: United States of America
    Respondent: Andrew Badolato
    Case Number: 8:2012mc00118
    Filed: September 17, 2012
    Court: Florida Middle District Court
    Office: Tampa Office
    Referring Judge: Elizabeth A. Jenkins
    Presiding Judge: Elizabeth A. Kovachevich
    Nature of Suit: Other





    Andy Badolato has worked as an investment banker specializing in helping small companies raise money or go public. Other suits in Florida show that Badolato had a pattern of privately reselling stock he has received in connection with his activities, without registering the shares or disclosing the transactions.”




    This is the latest of many bankruptcies Andrew “Andy” Badolato has filed
    Andrew Martin Badolato
    Case: 8:2014-bk-11442-MGW
    CH: 7
    Filed: September 29, 2014
    Discharged: December 28, 2014
    Address: 3108 Casey Key Rd Nokomis, FL 34275-3360


    Judgments:


    http://pacer.flmb.uscourts.gov/judgm...e/62HCYEBC.pdf


    http://pacer.flmb.uscourts.gov/judgm...e/A1EY1MI4.pdf


    Pink sheet fraud: Mr. Andrew M. Badolato, The Chairman and CEO of the company filed Chapter 7 bankruptcy in 2005 and was discharged in 2006. Mr. Badolato intends to file chapter 13 bankruptcy in the 4th quarter 2009. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=26091
    Bribery cases: http://www.law360.com/articles/27127...broker-bribery
    Curshen ran his scheme through a Costa Rica-based company called Red Sea Management Ltd., according to prosecutors. He made a deal with IBOT's owner, Andy Badolato, to sell 3 million company shares in exchange for a 25 percent cut of the proceeds.


    Reports of Child Molestation: Although we could not find him on the Megans law website, we found a lot of blog posts on this. Not confirmed but something to look into: ANDREW BADOLATO of Sarasota Florida is a known CHILD MOLESTER/PEDOPHILE and professional scam/con artist. Hundreds of potential investors etc are being warned not to get involved with any pool agreement to destroy Renewable Corporation or to be involved with ABOUT MAIN STREET or anything Badolato or his promoters, firms etc are involved with.
    http://99wallstreet.com/discussion/p...le/investors-2


  3. #3
    Join Date
    Apr 2018
    Posts
    2

    Re: Andy Badolato

    Andy badolato

    Quote Originally Posted by fraudfinder7 View Post
    it looks like one andy badolato is a scam artist!

    This information is from public records and currently available by a simple search online. I am just complying it in one thread to warn people.

    Subject:

    Andy badolato
    andrew badolato
    the usa exchange



    let's take look at the information we found on the internet:


    andy badolato is currently raising money from private investors for a company called the usa exchange, inc. It appears that he is promising huge yields of return when the company merges with a pink sheet shell. Investors are promised that they will be able to cash out their investment and keep their shares or part of them. The usa exchange was supposed to go public in january 2016. So far is june 2016 and there is no clear chance of that happening.


    this guy appears to be a con-artist. Andy badolato has filed personal bankruptcies at least 2, perhaps 3 times and has a long history of legal disputes (at least 23 public cases of lawsuits against him for fraud, breach of contract and others on pacer.gov) and unpaid debts including judgments and lawsuits against him from the irs. Claims of child molestation, employee sexual harassment and his florida beach house is currently in foreclosure (may 2016), also, there is at least already one lawsuit and judgement against his new company, the usa exchange inc. In the florida courts by a vendor named kappa east which he did not pay.


    according to publicly available records, he had been involved in several pink sheet frauds and in bribery cases involving a company called renewable corporation, inc. Otc:ibot.


    he changed his public persona to his nick name “andy” to hide his frauds and scams, judgements against him, charges of child molestation and employee harassment. His real name is andrew martin badolato, off course. It also looks like he spent a lot of time and money creating personal profiles and pages in directories to hide his awful and crooked record.


    information from utek corp.
    http://sharesleuth.com/investigations/2006/10/utek_corp


    “andrew m. Badolato, has a long history of legal disputes and unpaid debts.


    sharesleuth ran a routine check of the online court records in sarasota county, ibc’s home base, and found at least 15 financial-related suits listing badolato as a defendant. Those cases include a foreclosure action brought this year on his $2.4 million house, a $1.85 million suit brought in 2001 by an investor in another badolato venture and judgments won by 2003 american express corp. And a bahamian resort and casino for unpaid bills.


    other judgments: Judgment against him for $112,000 from carter footwear, inc.


    judgment against him for $25,000 from steven meininger


    unpaid taxes irs lawsuits: https://dockets.justia.com/docket/florida/flmdce/8:2011mc00117/265131


    usa v. Badolato
    petitioner: usa
    respondent: andrew badolato
    case number: 8:2011mc00117
    filed: november 10, 2011
    court: florida middle district court
    office: tampa office
    county: hillsborough
    presiding judge: virginia m. Hernandez covington
    referring judge: anthony e. Porcelli
    nature of suit: taxes (us plaintiff or defendant)
    cause of action: 26:7402




    united states of america v. Badolato
    petitioner: united states of america
    respondent: andrew badolato
    case number: 8:2012mc00118
    filed: september 17, 2012
    court: florida middle district court
    office: tampa office
    referring judge: elizabeth a. Jenkins
    presiding judge: elizabeth a. Kovachevich
    nature of suit: other




    andy badolato has worked as an investment banker specializing in helping small companies raise money or go public. Other suits in florida show that badolato had a pattern of privately reselling stock he has received in connection with his activities, without registering the shares or disclosing the transactions.”




    this is the latest of many bankruptcies andrew “andy” badolato has filed
    andrew martin badolato
    case: 8:2014-bk-11442-mgw
    ch: 7
    filed: september 29, 2014
    discharged: december 28, 2014
    address: 3108 casey key rd nokomis, fl 34275-3360


    judgments:


    http://pacer.flmb.uscourts.gov/judgm...e/62hcyebc.pdf


    http://pacer.flmb.uscourts.gov/judgm...e/a1ey1mi4.pdf


    pink sheet fraud: mr. Andrew m. Badolato, the chairman and ceo of the company filed chapter 7 bankruptcy in 2005 and was discharged in 2006. Mr. Badolato intends to file chapter 13 bankruptcy in the 4th quarter 2009. https://www.otciq.com/otciq/ajax/showfinancialreportbyid.pdf?id=26091
    bribery cases: http://www.law360.com/articles/27127...broker-bribery
    curshen ran his scheme through a costa rica-based company called red sea management ltd., according to prosecutors. He made a deal with ibot's owner, andy badolato, to sell 3 million company shares in exchange for a 25 percent cut of the proceeds.


    reports of child molestation: although we could not find him on the megans law website, we found a lot of blog posts on this. Not confirmed but something to look into: andrew badolato of sarasota florida is a known child molester/pedophile and professional scam/con artist. Hundreds of potential investors etc are being warned not to get involved with any pool agreement to destroy renewable corporation or to be involved with about main street or anything badolato or his promoters, firms etc are involved with.
    http://99wallstreet.com/discussion/p...le/investors-2






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