DFS Arrests Two S. Fla. Agents in $1.2 M Ponzi Scheme

May 17, 2005

  • August 17, 2006 at 10:48 am
    Karen & Lou says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Hey 1C3, If this former girlfriend of Joyce\’s claims to know so much and has so much to say, why doesn\’t she just come forward? My husband and I have been friends with Joyce for over 35 years and have known Steve and Joyce for over 20, so I\’d say we\’re fairly knowledgable of who is considered their \”close friends\”.
    The one thing you\’re right about is that you can\’t believe everything you hear. I will tell you one thing, Joyce Petrarca has has people envious of her for her entire life. An only child of devoted parents and then a step dad who was a doctor, she always lived a charmed life.
    She\’s still one of the most generous and kind people we know. My first memory of her is seeing her driving, in the middle of winter one of her convertibles, which were always brand new and shiny – with the top down on the car, wearing huge sun glasses and a fur hat and coat. She was known as the \”doll of the valley\”! Everyone knows Joyce. Her former husband would have taken her back till his dying day, they remained friends and she sent a single rose to be buried wit him in his casket. Steve Petrarca has been in love with her all his life, she is \”the love of his life\”. People have said such cruel and nasty things about her, it makes me cringe.

    The facts of this case are the facts. She has nothing to do with it, nothing at all. She was an innocent bystander and she\’s gotten caught in the cross-fire, it\’s not fair. To have had such a personal thing brought up for public forum is a tragedy. At least she has two daughters to stand by and support her, instead of just one. She has skads of friends, of all ages. And still God Bless her, her 85 year old mother.

    Leave Joyce alone. She\’s been through enough and still stands tall and lovely with a snap in her step. Now in Florida she\’s still dropping the top on her car and tooling around town with her big sunglasses and silky-straw hats.

    We haven\’t seen her in a while, but I can\’t wait to give her the biggest hug, she more than deserves it. And I\’m going to give her a big one for Steve too, that handsome man.

  • August 18, 2006 at 8:49 am
    b says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    What a lovefest. Did you say \”handsome man\”? Have you SEEN his mug shot?

  • August 21, 2006 at 12:11 pm
    LOLO says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    WOW I HAVE READ SOME OF THE CRAP IN HERE AND CANT BELEIVE WHAT I AM READING.. WHAT A BUNCH OF GOSSPS WITH NOTHING ELSE TO DO,,TALKING ABOUT JOYCE AND STEVE ,,(DONT YOU HAVE A LIFE?) I HOPE NONE OF YOU WERE ANYTHING THAT SOMEONE WOULD CONSIDER A FRIEND….

  • August 21, 2006 at 10:36 am
    AnnMarie says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    I am amazed that one of these postings are from someone who claims themselves to be \”Joyce\’s x-best friend\” – I know her so well and have for a long time. There isn\’t anyone NOT AROUND who used to be or who would be lucky enough to consider herself Joyce\’s x-best friend. Anyone who was around – is still around and closer than ever. Joyce wouldn\’t be a turn coat to anyone she cared about and in return the same respect has been given to her. Maybe there\’s someone out there who achieved credibility by being with Joyce and was accepted in some circles she couldn\’t be before, and if that\’s the case I know her well enough to know she\’s saying to herself – glad to be rid of a wanna be.

    Joyce Petrarca\’s mail goal and at this point only goal is to take care of her family and keep them close. To be concerned with her handsome and loving husband\’s well being, and then last of all the Victims and Investors. Self preservation and family come first with her. Nasty remarks about mug-shots roll off her back like water off a duck\’s. She\’s lived with that hunk for 20 years and know how jealous so many people have always been of her/them/him. It\’s so silly. Especially when there is so much that is important at stake here.

    Legally, the restitution is a priority and should be recognized as such. Why are so many people preoccupied with gossip and nastiness? It all comes back to that nastiness and jealousy.

    Get a life of your own and stay out of their\’s.

  • August 21, 2006 at 10:52 am
    Ernie says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Well said!! I have known Steve and Joyce for so many years, along with members of both thier families. Joyce is so sweet, and so graceful, rivaled only by the likes of Sofia Lauren, she is, and always has been a commanding force in any room she entered, and a more giving and selfless woman I have never met. Anyone that paints this horrid picture clearly has never had the pleasure of meeting her.
    And do I doubt that a mug shot may not be someone\’s greatest picture?? Of course not, when was your last photo shoot? Who are you to judge a man that would give anyone the shirt off his back? He is a gentleman. Period. His wife is a doll. They are stronger than ever and have dealt with jealousy all thier lives, no-one ever wants the good guys to win, they would much prefer them to have stayed here in ww without finding one another again. No love fest just facts, there is a smart and capable man that wants to make right a situation that went horribly wrong, let him make restitution, then write back and forth about his photo all day.. at least you will have a check in your hand..

  • August 21, 2006 at 5:42 am
    B & J says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    My husband and I have been away for a week and after getting ourselves setteled, I decided to browse this site. How I wish I hadn\’t. You people are all insane! You\’re still trashing two of the finest people we have ever met! Steve and Joyce Petrarca are fine, upstanding people, they go to church, have children, pay taxes, lead a nice, clean upstanding life. Steve got mixed up with Tom, whose a BUM and that was his ruination! But, if the courts are wise enough to see that he\’s as much of a victim as we all were, that situation can be rectified. Steve can and will turn this all around. He will make restitution. I know I want my money, my husband wants his! Now stop this craziness.

    I\’m so happy someone thought to mention how much a lady Joyce Petrarca is. That couple together had more polish and more grey flannel than anyone we know. They\’d walk into a room together and command an audience. You fools talking about \”mug shots\” – I don\’t see any movie contracts hanging out of your back pockets! Let him grow that Silver Fox Mane back, nobody took away those blue eyes and who can dance and dress better than him? You jealous fools. You\’re letting your jealous turn you as green as the fake baubles you have hanging around your neck and as fake as the \”diamond\” Tom gave to his crack head girlfriend. That was one ugly piece of glass she had on her finger.

    I want Restitution, I want my money! Leave the innocent bystanders alone! These people have children and families, stop hurting people. Think before you let your fingers hit the keys.

  • August 22, 2006 at 7:19 am
    B & J says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Glad at last to see that some people are beginning to think rationally – like they have a brain in their head. I didn\’t need anybody to agree with me, but I\’m happy to see that they are. I know when I\’m right.

    Steve Petrarca is a man of his word. We\’ve been to visit him and all he talks about is being given the opportunity to \”do the right thing\” \”making the investors whole again\” – at least to be given the opportunity to try.

    I did some serious thinking about that stupid posting from 1C3, who finally admitted in the 2nd posting that \”…you can\’t believe all your told\”! Yeah, no kidding. That time line was so far off it makes us cringe! Steven cares about everyone, and to even intimate that he didn\’t care about his own flesh and blood is hideous. Joyce was in love with her first husband, she had to leave him, he had a gambling problem that was probably as bad as Tom\’s or worse. And if she didn\’t leave him, she\’d have lost everything – he died penniless and blind. God has a way of getting back at you. He moved in with his mother when they divorced and died there 15 years later. He was a creep too, he left nothing to his kids, Joyce took care of them, he never even honored the visitation he had. Wanted no part of his family and that\’s the truth.

    I also remember the one friend that someone could have been talking about, she was a skinny boater with lots of money, but no class or facts straight. Did you ever hear the expression, a little knowledge is a dangerous thing? Well that\’s this chick. Met her and her husband in Fort Lauderdale, she needed Joyce to teach her how to dress, throw a party and set a table. Lots of money, no brains and no class. She would be the one they call \”Barbara WA-WA\” – like Barbata Walters, spreading stories this one that has no basis, some facts, but just makes up the rest. She used to call Joyce her best friend. HA! and one other one from Westerly, this friend talked about her and her filandering husband all the time too.

    But, I digress. All that\’s important here is the case and RESTITUTION. Let\’s hope this judge sees that. I\’ll be in court, again. And I\’m going to ask to be heard. This hanging judge better not do this to Steve, he\’s our only hope of getting our hard earned 401K money back. People need to think hard about what they want and need – I want and need our money and that\’ what we\’re telling this judge.

    Tom will always be Tom and he\’ll always gravitate toward bummy women like his crack head girlfriend, who now is long gone or hanging in maybe for the money in Nicaragua. She helped him blow all our money on just that \”blow\” – even his family doesn\’t want any part of him.
    Steve\’s family is true blue. They\’ll be there for him, as will Joyce and the kids.

    How\’s this one for a good wife, Joyce Petrarca had Steve\’s first wife and mentally challenged son down for a week in June after he was gone? Yeah, she\’s a real bad person….give me a break. And she\’s friendly still with her to this day, they talk and Joyce calls the son to make him feel better about his Dad. That kid worships his father and needs him, he lives for his phone calls. Some people say things just to hear themselves talk.
    Talk about what you know, don\’t make stuff up.

    That other skinny one with no class, she\’ll talk to a stick if it will listen and make her look important. I know this and I know that, she knows NADA.

  • August 22, 2006 at 3:31 am
    Agree with B & J says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Way back when someone posted \”the state dropped the ball\” – did they ever, I think so many people have lost sight of the big picture here. Time to think outside of the box.

    We wanted punishment for these two men who we trusted and invested our dollars with. That trust was violated, now we need an alternative to incarceration if we ever hope, in our life times to get any of our money returned. I don\’t give a hoot how slowly it\’s returned, I want it back. For my wife and I, for our family. We worked hard for that money.

    Masciarelli\’s a loser, he\’ll never pay anybody anything back, he hits the streets and he\’s off to where his share of the cash is stashed. His crackhead girlfriend will be on his heels and they\’ll be dust in the wind.

    There were originally 31 investors, 4 had their dollars returned immediately, that leaves 26 of us that want restitution. What is the State going to do to get us our money back? Petrarca still has a Mitigation coming up, how about it Judge Rapp, give the guy a chance to see what he can do.

    Restitution far out weighs the need to have yet one more person incarcerated.

    I agree whole heartedly, you people have lost sight, we need money not gossip and jealousy, envy and bitterness. Let\’s put some pressure on Petrarca, let him show us what he\’s made out of, suspend that sentence and make him pay restitution.

    Many of us still have faith and trust in Steve Petrarca, he\’s a good guy that got led down the garden path by that shiester. He treated him like a friend, a partner and a brother – Masciarelli stuck it to us and to Petrarca. Steve and Joyce Petrarca and their family are as much of Masciarelli\’s victims are the American Income Investors are and the Palm Beach Financial Ponzi people are. The both lost plenty too. That woman lost her husband, who she loves more than life itself. She\’s SICK over this sitution, the little daughter Amanda is SICK over this too. Everyone just wants the guy to get a fair shake and be allowed to try. You have to let him at least try.

    We want our money – somebody has to pay it back! Make it happen Judge Rapp! Just Do It!

  • August 25, 2006 at 7:32 am
    BB KING says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    GET REAL EVERYONE.STEVE IS NOT IN JAIL BECAUSE HE KNOWS TOM. HE KNOWINGLY PLAYED
    THE FRAUD GAME AND IS JUST AS GUILTY. LETS
    AWAIT HIS 9/21/06 TRIAL AND LISTEN TO HIS
    EXCUSES FOR DEEFRAUDING HIS SOI \”FRIENDS\”.

  • August 26, 2006 at 10:12 am
    kl says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    BB King is right on! Guilt by association doesn\’t cut it. Live by the sword and so on…..you play with fire, you get burned then thrown in jail for being a thief. Petrarca and Masciarelli are now linked forever. If either one of them comes up with ANY money it will be a miracle. Even if that happens, they are still staying in jail, but at least the investors get some cash.



Add a Comment

Your email address will not be published. Required fields are marked *

*