Friday, June 19, 2015

DAVID DAMANTE OUT OF PRISON: Released From Prison Yesterday, Still Under Federal Supervision In Nevada

Miss Fortune didn't see this one coming!

Although less than two weeks ago, it appeared David Damante was going back to federal prison to serve the balance of his sentence, official Bureau of Prison inmate records reveal Damante was released from custody yesterday, June 18. 

Damante had been featured in this blog over the last month after Miss Fortune discovered his new "business", a protein powder product line aimed at the fitness community named "Whey2Go". Dropping his first name and operating under his middle name, Robert, Damante boasted on the the product line's web site (whey2gousa.com, since deleted) that retail giant Walmart was "on a waiting list" and "making an offer" to expedite shipment of what appeared to be a non-existent product.

A Walmart corporate Media Relations representative confirmed to Miss Fortune the company had no business relationship with Damante, directly refuting his claim.

According to official court documents, Damante was sentenced to 41 months in federal prison in 2013 after pleading guilty in 2012 on two counts of wire fraud.

Damante was initially arrested in Arizona on February 23, 2011, pursuant to a federal warrant from the District of Nevada. Damante was charged with wire fraud and aiding and abetting. The indictment alleged that Damante "fraudulently obtained $1 million from one victim and $2 million from two other victims through false representations that the funds would be invested and that the victims would receive substantial profits on their investments."

The indictment alleged that Damante used the money for his personal benefit to purchase a Ferrari, Mercedes Benz, boat, and a trailer.

On February 23, 2011, Damante made his initial appearance before the Hon. David K. Duncan and was temporarily detained pending a detention hearing set for February 25, 2011. Damante was subsequently released on a "personal recognizance bond". Following the release order, the government requested a stay and Damante remained detained until March 1, 2011.

The bond contained several conditions, chief among them the prohibition that Damante not obtain any new financial accounts without prior notification and approval of Pretrial Services.

In early October 2011, Pretrial Services for the District of Nevada was informed that Damante obtained two new financial obligations -- he attempted to purchase a car and was conditionally approved for a $3 million home loan -- without prior approval from Pretrial Services.

An Arizona detective conducted research regarding the home loan. According to the detective, the alleged creator of the pre-approval letter for the home mortgage indicated that she had never met Mr. Damante, and upon reviewing the document, stated that it was a fraudulently created document.

Miss Fortune will bring you any additional details as soon as they become available.

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