Summary

Albert Sevillano, also known as Alberto Sevillano, is the self-described President of Toro Alpha Capital, a purported private family equity office. According to a sworn statement filed with law enforcement in January 2025, allegations of Albert Sevillano's fraud describe a scheme that caused nearly $200,000 in damages and the collapse of a legitimate business acquisition in Vermont. The Toro Alpha Capital fraud allegations detail how Sevillano allegedly orchestrated a fraudulent lending operation targeting a small business transaction.

The Alleged Scheme

In the fall of 2024, Sevillano allegedly presented himself as the head of a private equity firm representing high-net-worth families who invest in real estate assets across the country. After building a relationship with the complainant — a professional in real estate finance and mortgage banking — Sevillano allegedly inserted himself into the planned acquisition of Vermont Soapstone, a long-standing small business in Perkinsville, Vermont that fabricates countertops, fireplaces, and sinks.

The purchase price for the business and its real estate was $1.1 million. According to the sworn statement, Sevillano offered lending terms through Toro Alpha Capital that were superior to local options, issuing a commitment to lend $990,000 (90% loan-to-value). The complainant signed the term sheet and proceeded with the transaction in good faith.

Timeline of Alleged Events

  1. Attorneys for both buyer and seller, a business broker, and a title company worked through all steps necessary to complete the acquisition. Two Vermont LLCs were formed for the real estate and business, respectively. Appraisals, underwriting, and title searches were completed — all at the complainant's expense.

  2. All parties gathered at the closing attorney's office and executed the full slate of closing documents, including purchase and sale agreements, transfer of title, promissory notes, and mortgage documents. The group then waited for Sevillano's wire transfer. Sevillano, who had allegedly planned to attend in person, claimed illness the day prior and stated the funds would be wired. The wire never arrived.

  3. Sevillano allegedly sent repeated assurances via text that the funds were coming and that a Federal Reserve wire ID would be provided shortly. No funds arrived. On October 3rd, the closing attorney demanded a call with Sevillano, who allegedly guaranteed funding by October 7th, offering various explanations for the delay.

  4. According to the sworn statement, this pattern repeated daily for over a month. Every day brought new assurances that the wire had been sent or was imminent. No funds were ever received from Albert Sevillano or Toro Alpha Capital.

  5. The closing attorney informed Sevillano that he had allegedly committed multiple felonies, including wire fraud, mail fraud, and check fraud. At this point, Sevillano allegedly stopped communicating directly with the complainant and retained attorneys Paul Marino and Mitchell Taras of Sadis & Goldberg in Manhattan.

  6. According to the sworn statement, Sevillano created a new entity — SVB Capital 2029 LLC — registered in Wyoming, which was presented as the replacement lender. A new title company and insurance company were brought in, generating additional costs. Over the following weeks, entirely redundant closing documents were drafted, approved, and executed — all identical in substance to the original Toro Alpha documents.

  7. All documents for the new lending entity were fully executed. Once again, no wire was ever sent. The new title company confirmed in writing that they were "not yet in receipt of the loan wire" and were following up with the lender for a federal reference number. No funds arrived through the remaining days of December.

  8. Sevillano's own attorneys at Sadis & Goldberg withdrew from representation. In response to a detailed letter from the complainant's attorney outlining the FBI complaint, police reports, and potential civil action, counsel responded: "We have no new news to report to you other than we have withdrawn as council."

Alleged Pattern of Conduct

The sworn statement reports that Albert Sevillano's fraud allegations extend beyond a single incident, with Sevillano having allegedly engaged in similar conduct with other parties. The pattern of alleged Toro Alpha Capital fraud, according to the complainant's research and conversations with individuals who claim to have been affected, includes:

  • A New Jersey developer who introduced the complainant to Sevillano has reportedly also been defrauded.
  • Sevillano allegedly flew to Louisville, Kentucky and promised an equity contribution to another client's firm that never materialized.
  • Two former employees have alleged that Sevillano recruited them away from other firms with promises of large salaries, then repeatedly failed to pay them — citing excuses about funds being "frozen" or "unauthorized" due to international origin. These individuals reportedly filed a lawsuit, won a judgment for 75% of back pay owed, and as of the date of the sworn statement, Sevillano had still not paid.
  • Public court records reportedly reflect additional lawsuits against Sevillano and entities associated with him, including Mattis Capital.

Damages

Law Enforcement Action

The following actions have been taken as stated in the sworn statement:

  • A formal complaint has been filed with the Federal Bureau of Investigation (FBI).
  • A sworn statement has been filed with the Manchester, Vermont Police Department.
  • The Manchester PD is coordinating with the New Rochelle, New York Police Department, where Sevillano reportedly resides.
  • Civil litigation against Sevillano and parties alleged to have aided the fraudulent conduct is under active consideration.

Public Records

Individuals seeking additional information about Albert Sevillano's fraud allegations or Toro Alpha Capital fraud claims are encouraged to search public court records for lawsuits involving "Toro Alpha Capital," "Albert Sevillano," or "Alberto Sevillano."