Mr. Vincente Imperiale represented himself to be the principal of a $400 Million venture capital fund named Danbury Venture Capital Inc. With Cristina Tomasello as employee and loan underwriter. Under the name of Danbury Venture Capital Inc. Imperiale provided a term sheet for a loan to a client of mine.
To show proof of financial capability Imperiale presented a document which he represented to be an irrevocable bank guarantee drawn on the Bank of America as well as a photocopy of a bank statement, both in favor of Danbury Venture Capital Inc.
As a condition of the loan Mr. Imperiale required a geological report to be performed by a geologist of his choice, at the expense of the borrower. Relying upon the documentation and the term agreement, the borrower wired the cost of the report to Mr. Imperiale as requested.
Mr. Imperiale represented that a geologist has been retained and had performed the required services favorably. When a copy of the actual bill for services was requested as well as a copy of the report, Mr. Imperiale and Ms. Tomasello made excuses for several months and then refused further contact when asked for either a copy of the report and verification of valid expenditure or a refund of the wired funds.
Attempts to contact a geologist with the name and phone number provided by Imperiale have been unsuccessful and no such individual has been discovered in any trade associations or directories anywhere in the U.S.
A search of the several business addresses provided by Imperiale have proved to be fake. A search for corporate filings for Danbury Venture Capital Inc.in all relevant jurisdictions has turned up blank.
We have learned of at least one other business that has had a similar experience recently with Mr. Imperiale.
Mr. Imperiale represents himself to be a licensed commodities broker living in New Jersey with an office in Las Vegas and claims to have attended the Boston University School of Management. He is referenced in a similar complaint on Mortgage Grapevine. He is artful and compelling in his fabrications and misrepresentations and shows signs of extensive previous experience.
Ms. Christina Tomasello has been represented as a former employee of Countrywide Loans in New Jersey now living in Las Vegas with her attorney husband and also working for Kaplan Schools.
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