I'll tell you this much, Anthony Patrick Baratta is a piece of work. Looks like a boiler room lifer to me.
(Link)
We Take Risk Out of the Stock Market!
AXCESS Insurance: Turning Risk Into Reward
NEW YORK / March 13, 2003 — Determined to counter the economic downturn impacting other companies and to make a difference in the midst of today’s economic slump, AXCESS Insurance and its CEO are expanding their work-force and providing millions of Americans with an opportunity to supplement their incomes.
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ABOUT AXCESS INSURANCE:
AXCESS is a unique insurance company with a “AAA” rated cash fund. The fund secures an insurance product known as the “Stop Loss Bond” that backs-up Policy Holder’s stock market investments with cash.
The Stop Loss Surety Bond Policy reduces risk of participating in the stock market and provides insurance coverage for all stock market investment vehicles. These include, among others: individual accounts, corporate accounts, 401(k), IRA, annuities, life insurance policies or any other stock market based investments.
The company’s principals are to reduce stock market risk for small or large individual or corporate accounts, to restore and sustain consumer and investor confidence, and to positively impact the US and World economies by providing a cash-backed fund which secures losses in stock market investments.
Actuaries and underwriters from the US, Europe, South America and Asia have had the opportunity to meet with
CEO Anthony Baratta regarding the “Stop Loss Bond” policy and have walked-away in amazement as to the “formula” utilized. Not only is AXCESS Insurance a new, innovative and unique company, but the underlying blueprint and technique in underwriting risk in the stock market is revolutionary.
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Arrangement for interviews from the CEO, Anthony Baratta, is available by calling 888.770.6252.
CONTACT:
Susan Carpenter
Dir. Public Relations / Media
PHONE: 888.770.6252
FAX: 928.396.5687
EMAIL:
URL:
http://www.axcessinsurance.com
Reducing Risk and Restoring Investor’s Confidence!
AXCESS Insurance Company, Inc.,
244 5Th Avenue, Suite 2500, New York, NY 10001, USA
Telephone: (212) 561 – 1561 & Facsimile: (212) 591 – 6741
I wonder if he's the same Anthony Baratta who was involved in this
PA Securities Commission press release regarding a flim flam Film Financing Network. The timeline fits and it's not like this sort of thing is beneath him.
Just putting the face to a name, and adding a heaping helping of horse apples:
Mystery Man Revealed: Anthony P. Baratta, Trustee of CORP-TRUST and infoSPOT’s Curbside Concierge Hit the Ground Running; Lawsuit Free
Washington D.C. (PRWEB) November 3, 2005
As a freelance writer for various business and technology publications, I do not often get nor take the opportunity to follow-up on a story. A general rule of thumb is to lay-down the big picture, deliver a message and move on to the next headline; until recently.
Some of my loyal readers have often asked me to follow-up on certain stories but rarely stories on specific people. On the other hand and perhaps without ever realizing, I have been following stories about Anthony P. Baratta for the past eight years. From banking and insurance to real estate finance and philanthropy; how can one person do or be involved in so much all on his own? After several months of intense probing, my staff and I have finally put a peg into knowing a little more about Anthony P. Baratta, Trustee.
Admittedly, over the past several years I have written and read various articles and have even published details regarding CORP-TRUST and its affiliated companies such as BARI Holdings, Stop Loss Bond, REIT Re, The Source of America, RE Bond and other related groups without ever being able to tie anyone specific to the companies other than spokespeople; now I know why.
Anthony Baratta is a 34-year-old success story to the fullest extent of the word. Starting-out on his own at the ripe old age of 16, he began developing speculative homes in Forest, Virginia where he got a taste of the business world. Through the years he continued his passion for real estate development and eventually became a major player in the purchasing and financing of Net Leased properties in and around the United States. Today, it is rumored that Anthony Baratta is the largest private holder of Net Leased properties in the USA but my staff’s attempts to confirm this are unfound as Mr. Baratta prides himself in his privacy.
On July 21, 2005, Anthony P. Baratta, Trustee for CORP-TRUST (USA), (EU) and CORP-TRUST International Holdings Trust, Ltd. assembled a team of twelve individuals who, under his sole direction, are changing the world around us. After an intense five week congress, the results led to the release of some of the most intriguing material and concepts of which I have ever written: infoSPOT and infoSPOT411, and Held Harmless.
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In the lobby of PriceWaterhouseCoopers I met-up with John Coleman, a senior auditor who states: “Mr. Baratta has never ceased to amaze us. We find ourselves delved into various new projects in what seems to be every other month and they are all winners.” Baratta, who was named Businessman of the Year in 2003, is once again on his way to making his mark on our Nation.
Although Baratta has delved into the legal and technology services industry, it does not mean that he has stepped-away from his first love; real estate. My sources tell me that they have linked Baratta to a new US Treasury based real estate purchase and finance program that will perhaps make him the new Donald Trump (without all the negative publicity).
If you have or can share more details on CORP-TRUST, infoSPOT411, Held Harmless or its Trustee, Anthony P. Baratta, or any affiliated companies, please contact me.
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Contact
Laura Reynolds, Senior Editor
AMERICAN ENTREPRENEUR PUBLICATIONS
2024561111
And the hits keep coming, from the
Florida office of Insurance Regulation:
June 30, 2003
Contact: Bob Lotane
850/ 413-2515
850/ 528-2868
Insurance Marketer Ordered to Stop Illegal Sales
-Unauthorized entity misused tribal designation to evade oversight
Tallahassee - The Florida Office of Insurance Regulation has ordered the Native Assurance Company, Inc., of Hollywood and Boca Raton, to stop transacting insurance business in the state. Additionally, the Office has ordered Native Assurance's associated entities and persons, including All Risk Underwriters, LLC and All Risk Holding, LLC, of Miami and Hallandale Beach, to cease insurance operations. The entities named are currently unlicensed and unauthorized to transact insurance in Florida.
Native Assurance claims to be operating under a certificate of authority from the Seminole Tribe of Florida and claims to be exempt from oversight under federal law having to do with Native Americans. However, the Seminole Tribe has not given authorization or approval to Native Assurance Company, Inc. or its associated entities.
Native Assurance is engaged in soliciting multiple insurance benefits including health, life and workers' compensation liability coverage. Native Assurance solicited business, and for agents to assist in its business, on an interactive website.
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Entities and persons named in the immediate final order:
NATIVE ASSURANCE COMPANY, INC.
6333 North 39th St.
Hollywood, Florida 33024
NATIVE ASSURANCE COMPANY, INC.
Post Office Box 34
Boca Raton, Florida 33429
CHRIS OSCEOLA, President
Native Assurance Company, Inc.
6333 North 39th St.
Hollywood, Florida 33024
ANTHONY P. BARATTA, Director
Native Assurance Company, Inc.
6333 North 39th St.
Hollywood, Florida 33024
Director of Unlicensed Company Arrested in Florida
September 17, 2003
The Florida Department of Financial Services announced that the director of Hollywood-based Native Assurance Company has been charged with acting as an insurer without a certificate of authority. Native Assurance was ordered in June to cease its insurance operations, and in July the company lost a court challenge seeking federal protection as a Native American business.
Anthony Baratta was arrested late yesterday afternoon by investigators with the Department of Financial Services, Division of Insurance Fraud. He was booked into the Broward County Jail. If convicted, he could be sentenced to up to five years in prison. Acting as an insurer without a certificate of authority is a third-degree felony.
Native Assurance had never sought state authority to transact insurance in Florida, and claimed to be exempt from state regulation because its president and sole officer, Chris Osceola, is a member of the Seminole Indian Tribe. The company argued that only the federal government could regulate businesses owned by Native Americans. The Seminole Tribe of Florida has said it has no connection with Native Assurance.
Anthony explains his side of the story on one of the free "press release" websites of which he is so fond.
Native Assurance Responds To The Florida Department Of Insurance's Actions
FOR IMMEDIATE RELEASE
Plantation, Fla./EWORLDWIRE/Sep. 8, 2003 --- On Friday, September 5, 2003, the Florida Department of Financial Services issued a press release regarding actions taken against Native Assurance Company, Inc. and its Director, Anthony Baratta, a South Florida Native Floridian. Mr. Baratta was cited for "operating an insurance company in the State of Florida without a Certificate of Authority", although, federally filed records indicate that Native Assurance had complied with the industry standards to the highest degree.
The overall concept was an ingenious attempt to provide complete insurance coverage to all Americans via a federally recognized insurance company. The company believed this concept would reduce insurance costs significantly and provide stronger (Federal rather than State) financial coverage to the consumer.
Prior to the establishment of the company, Mr. Baratta had made several inquiries to the Department of Insurance (DOI) and Department of Financial Services and discussed with them the concept. Unfortunately, at that time, the employees of the DOI were busy consolidating their offices into one location with the Florida Department of Financial Services and so responses as to legalities and proper set-up of the company went improperly answered or unanswered.
Bolding mine. So, he complied with the "highest degree" of industry standards except for actually getting a license to operate within that industry or even bothering to find out if there was a license for him to get? I perceive that Anthony is more of an "idea guy" than a "detail person" but this is ridiculous. And his defense is that no one ever told him that he can't pretend to run an insurance company. Gee, who'd a thunk it?
There is more (of the same) at the link above.
