Philip Capolongo - Arrested and Charged with 4 Felonies

Lifelong criminal, Philip Capolongo of Fortius Holdings out of New York City was arrested on the morning of February 8th, 2023. He’s been charged with 4 different felonies for a total of 6 felony counts. – (Image of the charges below). The specific charges include “Grand Larceny” and “Scheme to Defraud.” – After 40 plus years of defrauding people with his forged bank letters and selling assets that he does not own (nor that even exist), Capolongo’s “Scheme to Defraud” finally blew up in his face. He is 67 years old and has financially destroyed countless families (including mine) during his 40 plus years of committing financial crimes.

My family and I are the people who initiated the complaint against him with the District Attorney’s Office of Manhattan and alerted much of the banking community in April of 2020. It was this complaint and exposure that dismantled Capolongo’s Scheme to Defraud and eventually lead to his arrest. I want to give a big shoutout to all the other victims who came forth from the articles that I had written and supplied further documentation to the District of Manhattan. Through our collective efforts, the DA’s Office had enough to arrest him and bring felony charges against him. But, it’s not the time to celebrate. Capolongo is out of jail awaiting sentencing. Sadly, there’s a good chance he will not do any prison time.

While people were losing their jobs and dying from the Coronavirus, Philip Capolongo was financially pillaging them into the ground with his forged bank letters and selling of assets that he did Not even own.

In this article I’m going to illustrate exactly how Capolongo defrauds people and businesses. Additionally, I will show what he did to my family and what he did to other victims too. At the bottom of the article are many exhibits in link form showing his Scheme to Defraud in action and some of the victims that he financially pillaged as well. The public should be very aware of him as he’s been defrauding people and businesses since he was 25 years old. If he’s not locked up in prison, there’s no question that he will continue to commit grand larceny and initiate other schemes to defraud. Capolongo is a top to bottom criminal and sociopath.

Please share this article with your communities both near and far. I will leave my contact information at the bottom of this article just in case anyone has a run ins with him. The Article continues below:

Capolongo wrote this TD Bank Letter to himself. The other TD Bank letters that he forged are in link form at the end of this article.

Philip Capolongo steals bank letter-head images and then writes himself letters as if it were the bank. The forged bank letters talk about multi-million dollar transactions that are about to commence. Then he markets those letters to entice investors to invest. Fortius Holdings doesn’t actually have any real businesses. All deposits coming into his Chase Bank and other bank accounts are from people he’s defrauding by selling assets that he does Not own and collateralizing loans with transactions and proceeds that don’t even exist.

So, in other words, the deposits in his bank accounts are actually real. That’s true. So, It gives investors/lenders the impression that Fortius Holdings has actual revenues. But, it actually has no revenues because Fortius Holdings does Not have any real businesses. All of those deposits coming into his accounts are through his racketeering operation by selling assets he does not own (nor that even exist), forging bank letters, committing bank and wire fraud. But, Capolongo does not stop there. The scheme to defraud goes much deeper. He then applies for loans against those fraudulent deposits and robs lenders too.

This is the man that defrauded my family with his Chase Bank Statements and forged TD Bank letters (like the one above) in late December of 2019 right before Covid hit. This was this incident that caused my family to fall behind on our mortgage in March of 2020 and inevitably lose our home in March of 2021. – I wish that I could say that was the worst of it. But, that’s where the nightmare got 100 time worse. Since we lost our home, we have been at the mercy of the most egregious rental market in all of the United States right here in South Florida. We still have not stabilized and are at more risk than ever. It is for this reason, and other victims as well, that I will remain tireless with respect to exposing lifelong criminal Philip Capolongo. To date, through my past articles, I have shielded dozens of individuals and companies from being defrauded out of millions of dollars by him. This article is intended to do the same.

I had no idea that Capolongo had been doing this to people since he was 25 years old. He has defrauded people in excess of $50 Million over the last 40 years. Capalongo has $25 Million in judgements against him in the Supreme Court of New York State alone. He defrauds widows, divorcees, doctors, retirees, online college and law students, single mother bartenders, business people and etc.

Make sure to see the Coronavirus TD Bank fraud letter that he forged during the height of the Coronavirus in March of 2020. It is at the bottom of this article in link form. While people were losing their lives and livelihood, Capolongo was financially pillaging them into the ground with his forged TD Bank Letters. He is stage 4 cancer to society. And to be thorough and repeat, all attachments, images and exhibits are in link form at the bottom of this article. The source links are at the bottom of the article too.

*Chase Bank Ponzi Scheme email by Philip Capolongo*

Capolongo had been facilitating his racketeering operation through two Chase Bank accounts over the past 14 years. He also forged many different bank letters over those years. But, most recently and notably are the TD Bank Letters that he forged and financially mauled people right through the Coronavirus. The most recent update before he was arrested was that he was forging Bank of America bank letters also involving transactions that don’t exist.

All exhibits and images are in link form just below the image of the felony charges against Philip Capolongo.

Capolongo is charged with 4 different felonies for a total of 6 counts of felonies.

My family and I want to give a big shoutout to the Manhattan DA’s Office for sticking with this case right through the Coronavirus and seeing it through. We will see what happens from here.

The attachments below are in CLICKABLE Link form. Just click on the title and the link will open. And below that are other source links regarding Philip Capolongo’s Scheme to Defraud.

Chase Bank Ponzi Scheme Letter – December 2020

Capolongo Ponzi Scheme Pitch in 2008

TD Bank Fraud Letter 1 – December 11th, 2019

TD Bank Fraud Letter 2 – March 22nd, 2019

TD Bank Fraud Letter 3 – August 14th, 2019

TD Bank – Coronavirus Fraud Letter – March 30th, 2020

Chase Bank – Capolongo’s Racketeering Account

Currency Fraud Statements doctored by Philip Capolongo Himself

Wire Fraud Chase Bank Victim, Jo Ann Smith

Scott Smith’s Mortgage Payment Exhaustion Because of Capolongo – March 2020

Jennifer’s Rent stolen by Capolongo – Online Law School

Single Mother Bartender, Amanda, robbed by Capolongo – Nov 2020