Kathleen Francesca Fired from R3 Due to Alleged Criminal Activity

28 Jan Kathleen Francesca Fired from R3 Due to Alleged Criminal Activity

Kathleen Frankie Francesca has been fired from R3 Medical Companies, which includes R3 Stem Cell, R3 Anti Aging, R3 Philippines, Regen Suppliers and Bello Bio Labs. Kathleen Francesca, whose real name is Kathleen Tangcoy Legaspi, had risen to become President of R3 Medical Companies.

Unfortunately, R3’s forensic accountant found that “Frankie” had allegedly embezzled over $250,000 US dollars from the company. Review of bank and company transactions showed that Kathleen Francesca directly wired herself over $103,000 US dollars from the R3 Philippines bank account without authorization. In addition, multiple R3 customers explained that Kathleen had sold them biologics from a “secret stash” and asked for monies to be sent to her personal bank account.

According to R3 management, “Obviously this came as a shock when multiple customers not only described Kathleen talking about a ‘secret stash’, but requiring direct payments to her personal account. These customers didn’t know each other at all, but their stories were the same. And they sent us banking receipts as well.”

Kathleen Tangcoy Legaspi, aka Kathleen Francesca, has a significant background running afoul of the law. In 2007, she was found guilty of multiple felonies for check fraud and grand theft. This was after years of committing fraud, taking people’s money without providing promised services, and lying about her name. A simple background check relays the following 15 aliases she has used over the past two decades. For a full report of her previous offenses, visit this BLOG.

1. Kathleen Francesca
2. Frankie Francesca
3. Frankie Legaspi
4. Kathleen AllyndL
5. Shei Alen
6. Shei AllyndL
7. Kathleen Alen
8. Sophia Barbarella
9. Sophia Dash
10. Sophia L Dash
11. Sophia Legasi (not Legaspi)
12. Sophia Vale
13. Sophia Vale Branch
14. Shei Sophie
15. Shei Val
16. Shei Legasi
17. Kathleen Kafashian
18. Kat Kafashian

Initially, the owners of R3 Medical Companies hired Kathleen Francesca without knowing about her criminal past. As detailed in court filings, Kathleen initially did very well with R3 Stem Cell and Regen Suppliers, achieving approximately $240,000 in commissions annually for several years running. She became company President, and soon thereafter is when the apparent embezzlement began.

R3’s forensic accountant was able to identify significant missing inventory along with obtaining client receipts where monies were directly sent to Kathleen Legaspi’s personal bank account.

According to R3 company management, “She was making significant monies legitimately, we can’t understand the need to steal additional monies and product both domestically and international. The Board of R3 Medical Companies decided to file lawsuits in the USA and Philippines, turn over the evidence to authorities, and seek an injunction.”

After Kathleen Frankie Francesca was terminated from R3 (all entities), she continued to embezzle monies in the Philippines. R3 Management was locked out of the clinic, and the equipment was stolen along with the biologics. Patients were also stolen, with treatments taking place and revenue going into a separate bank account that was newly created.

Not only did Kathleen Legaspi mastermind the fake company created to steal monies, she involved her family members as well. Kathleen’s father Fredilbert Legaspi, her brother Fredilbert Legaspi Jr, cousin Julie Legaspi all were involved as being listed on the company registration, lease, bank account and received embezzled monies as well.

For instance, Julie assisted Kathleen in creating a fake entity called “Ageless Wellness” where patients would be stolen from R3, sent invoices to make payments to a separate bank account, and then use R3’s clinic for treatments. R3 patients were sending these invoices over since they were confused, as Julie was telling them that Ageless Wellness was affiliated with R3, which was completely untrue.

According to R3 company management, “Our investigative team uncovered bank records of monies being sent to family members for months after Kathleen was terminated and the entire Philippines staff supposedly resigned. Frankie refused to provide bank account access for over four months, and only provided it under duress from her attorneys. Bank records showed that she initiated over $103,000 USD being wired to herself in the USA, and additional monies approximating $40,000 to the resigned employees and family as well.”

“We gave her a chance, and even after finding out about her previous ex-convict status continued her involvement. Instead of relishing the opportunity and making lots of monies, she ruined it with her fiduciary breaches. If someone meets her for the first time, they may be easily tricked into thinking Kathleen Francesca is charming and trustworthy. But it’s all a con.”