National Telephone Exchange / Fraud Intent to Defraud RICo
Bart Burg, Patrick N. DiCarlo Sr., James P Burg (Jim Burg) operated this scam as a part of a continuing criminal enterprise. Charging investors $40, 000 for the rights to sell a fraudulent telecom scheme they scammed investors in San Diego, Encinitas, Santa Barbara, Placerville, Lake Havasu, Tempe, Santa Fe Springs, and more. Patrick N. DiCarlo Sr. whom admits he was under investigation by Organized Crime for various scams and securities fraud stated he graduated USC as an Economics Major with his wife "MJ" a cheerleader. This was a lie. Bart Burg who steered this scam to victims through AMS Financial Consultants stated he had graduated Northwestern University and Santa Clara - an MBA and held CPA in Illinois and CA with his wife "Ellie" backing up these lies. Jim Burg, son of Bart & Ellie touted his MBA with his brother and sister bragging about the family of CPAs and family wealth. The Burgs continued preparing tax returns and providing "investment" advisce with only youngest son John Edward Burg as a CPA for approximately one year. Burgs and DiCarlos filed bankruptcy and moved on to additional scams in telecom, securities, pump and dump, real estate fraud...AMS Financial Consultants and the Burgs prepared tax returns for unsuspecting victims for decades - never once mentioning the $2, 800, 000 BK fraud prepared to hide their debts from debtors and transfer all assets to their Mommy Eleanor Jeanette Burg. "Ellie" has in her bag of tricks: breaking and entering, stalking, terrorist threats and extortion. Anyone attempting to seek restitution was subjected to the "enforcer" another well-known organized crime figure. National Telephone Exchange, NTE, and other telecom companies continued in later schemes as EEC, TEC, Charbonages D'Amercoeur with DiCarlo and Burg continuing their pump and dump, and Canadian Stock Exchange and US "Reverse Mergers" with the only $ pocketed by Burg, DiCarlo and their "connected" associates. Until they are brought to justice BEWARE.