John Santulli

John Santulli – A Daredevil in Insurance Claims Handling

John Santulli was a real estate expert and broker. He helped buyers and sellers with a variety of transactions in Manhattan.

He also worked as a property and casualty claims administrator.

His career was a great success and he loved his work. He was a devoted father and a loving grandfather.

Early Life and Education

John Santulli was born in Brooklyn, New York. He grew up in Ridgewood, New Jersey and was married to Margaret Hart.

He was a proud father and devoted grandfather. He is survived by his wife Margaret and children, John Micheal (Kim), David and Catherine.

A lifelong New Yorker, John worked long hours at Hilltop Truck Rental in Ridgewood, NY. His business was a perennial Top 10 National Dealer for Ryder and Penske Truck Rental Corporations.

He stayed busy and enjoyed the company of his family, friends, and co-workers. He passed on his work ethic and mechanical expertise to his sons, David and Michael. He was also an avid sports enthusiast. He loved watching the New York Giants and Yankees play. He also was a devoted fan of golf.

Professional Career

John Santulli has a passion for the work that he does. His gratification comes from helping clients fulfill their needs. He and his team provide a full range of services for sellers, local and foreign buyers, investors and renters in Manhattan.

He is a longtime leader in the industry. As President and Chief Operating Officer of PMA Companies, he leads the company’s Insurance and Third Party Administrator (TPA) business segments.

He led the establishment of the Company’s Large Account and Risk Management Insurance operating units many years ago, and launched PMA Management Corp as the Company entered the TPA business. He also led numerous initiatives for the Company to meet its customers’ needs.

Achievements and Honors

Known as a daredevil in the world of insurance claims handling, he had a knack for getting the job done right. As President & Chief Operating Officer, his seasoned leadership abilities will be put to good use as Old Republic takes the next step up in the industry.

In addition to his many accolades, he was a proud father and grandfather. He is survived by his wife Margaret (nee Hart); son John Micheal Santulli and his wife Kimberly; daughter Catherine Santulli and her husband Peter; and grandchildren Micheal Ray, Jack, Mitchell and Elliott. He is also survived by his brother Vincent, sisters Mary and Ellen and many nieces and nephews.

A true nerd at heart, he excelled in his role as an information technology executive and was most notably responsible for leading his organization’s efforts in a number of fields including IT infrastructure, application development, and business process outsourcing.

Personal Life

John Santulli is a devoted father, husband and grandfather. His children were the center of his world and he always tried to make sure they had everything they needed, but not too much that they wouldn’t have fun.

He was a big fan of sports, and he was a master baseball coach. He coached multiple Tiny Tim, Little League and Pony League teams over the years.

His life revolved around his family and his wife Margaret, who was a loving mother and an avid Catholic. He built a life for them in Ridgewood, where he was able to provide them with everything they needed while creating sports opportunities for the kids of his community.

Net Worth

Santilli pleaded guilty in October to one count of securities fraud and wire fraud. The charges relate to his role in defrauding investors in a stage show called “Magic Mike Live.” He also misappropriated a large portion of the funds he raised and used it for gambling, according to the U.S. Attorney’s Office in California.

In return for his victims’ investments, Santilli told them they would receive shares in a business he managed and owned, Aloris Magic Mike LP. But Santilli falsely told investors that the company actually owned Class A Units in Mike’s Mobile Detailing, a company that runs a stage show based on the film “Magic Mike.” He then sold almost double the number of Class A Units that his company really owned, causing $4,258,679 in losses to his victims, according to the court documents.

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