CAPITAL DEVELOPMENT GROUP INC
SC 13D, 1999-08-20
CONSUMER CREDIT REPORTING, COLLECTION AGENCIES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                        Under the Securities Act of 1934


                         CAPITAL DEVELOPMENT GROUP, INC.
                                 (Name of Issuer

                                  Common Stock
                         (Title of Class of Securities)

                                   31210L-10-4
                                 (CUSIP Number)

                                   May 1, 1999
             (Date of Event which Requires Filing of this Statement)


<PAGE>
                                  SCHEDULE 13D


CUSIP No. 31210L-10-4

- --------------------------------------------------------------------------------
1         NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

          MICHAEL P. VAHL
- --------------------------------------------------------------------------------
2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A
          GROUP*
                                                                        (a) |_|
                                                                        (b) |_|
- -------------------------------------------------------------------------------
3         SEC USE ONLY

- --------------------------------------------------------------------------------
4         SOURCE OF FUNDS*

          N/A
- --------------------------------------------------------------------------------
5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
          ITEMS 2(d) OE 2(e)

                                                                            |_|

- --------------------------------------------------------------------------------
6         CITIZENSHIP OR PLACE OF ORGANIZATION

          USA
- --------------------------------------------------------------------------------
                           7     SOLE VOTING POWER

    NUMBER OF SHARES             5,120,085
  BENEFICIALLY OWNED BY    -----------------------------------------------------
  EACH REPORTING PERSON    8     SHARED VOTING POWER
          WITH
                                 0
                           -----------------------------------------------------
                           9     SOLE DISPOSITIVE POWER

                                 5,120,085
                           -----------------------------------------------------
                           10    SHARED DISPOSITIVE POWER

                                 0
- --------------------------------------------------------------------------------
11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          5,120,085
- --------------------------------------------------------------------------------
12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            |_|

- --------------------------------------------------------------------------------
13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          71.524%
- --------------------------------------------------------------------------------
14        TYPE OF REPORTING PERSON*

          IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILING OUT!


<PAGE>
ITEM 1(A)         Name of Issuer

                  Capital Development Group, Inc.

ITEM 1(B)         Address of Issuer's Principal Executive Offices

                  7126 Stanhope Lane
                  Riverside, CA 92506

ITEM 2(A)         Name of Person(s) Filing

                  Michael P. Vahl

ITEM 2(B)         Address of Principal Business Office or, if none, residence

                  7126 Stanhope Lane
                  Riverside, CA 92506

ITEM 2(C)         Citizenship

                  United States

ITEM 2(D)         Title of Class of Securities

                  Common stock

ITEM 2(E)         CUSIP Number

                  31210L-10-4

ITEM 3   Source and Amount of Funds

                  N/A

ITEM 4   Purpose of Transaction

                  Securities obtained  for  the  individual   account  of  the
                  Reporting  Person for investment  purposes only. The Reporting
                  Person  has  no  plans  to  cause  the  occurrence  of  events
                  reportable under Item 4.

ITEM 5   Ownership

                  (a)      Amount Beneficially Owned by Reporting Person:
                                                  5,120,085 Shares

                  (b)      (i)      Sole power to vote or to direct the vote:
                                                  5,120,085 Shares

<PAGE>
                  (b)      (ii)     Shared power to vote or to direct the vote:
                                                  0

                  (b)      (iii)    Sole power to dispose or to direct the
                                    disposition of:
                                                  5,120,085 Shares

                  (b)      (iv)     Shared power to dispose or to direct the
                                    disposition of:
                                                  0

                  (c)       Transactions  within  past  sixty  days:  N/A

                  (d)      None.

                  (e)      N/A.

ITEM 6            Contracts, Arrangements, Understandings or Relationships with
                  Respect to Securities of the Issuer

                  None.

ITEM 7   Material to be Filed as Exhibits

                  None.



















<PAGE>
         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.

        August 20, 1999                       /s/Michael P. Vahl
- --------------------------------    -------------------------------------
              Date                               Signature

                                      Michael P. Vahl/ Reporting Person
                                    -------------------------------------
                                                 Name/Title


         The original  statement  shall be signed by each person on whose behalf
the  statement is filed or his  authorized  representative.  If the statement is
signed on behalf of a person by his  authorized  representative  (other  than an
executive  officer or general  partner of this filing  person),  evidence of the
representative's  authority to sign on behalf of such person shall be filed with
the  statement,  provided,  however,  that a power of attorney  for this purpose
which is already on file with the Commission may be  incorporated  by reference.
The name and any title of each person who signs the statement  shall be typed or
printed beneath his signature.



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