Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 148. (Read 529056 times)

So another mining operation funded with others people money...

Nobody knows, and Alpha-T aren't telling anybody anything except "soon".  There hasen't been a real update from Alpha-T in 2 months.  They are also unlawfully denying refunds and giving bogus excuses.  Company directors are being removed from the team page, and the father and brother are now claiming they have no official roll in the company...

If you post a question on their forums that they don't like (even if it's polite and well worded), they ban you permanently (by IP and username, so you can't even read the forums).

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It's starting to look, very clearly, like the Akram family is trying to leave Mohammed Mubasher Akram (Alpha-T's Managing Director and Operations Manager) out to hang for this.  Bankruptcy being right around the corner seems like a distinct possibility.

Hello everyone. I just read in the S3 thread about this venture having issue and I see that there a lot of pages to fill in. Someone please tell me the TL;DR version. Chip specs are good or not? What went wrong?

You mean the one remaining director (Mohammed Mubasher Akram) fired his brother and father, who are apparently heavily invested in the company themselves?  
Ya?... no...

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I love the Team page... it cracks me up:

Corrected: He has a very negative attitude to customers and is proactive in dismissing and banning them.

Alpha-T could still claim they have fired the Rest of there Clan because they are incapable to do the Job. 

https://web.archive.org/web/20140702185646/https://alpha-t.net/about-us/team-2/
vs
https://alpha-t.net/about-us/team-2/

Muhammad Akram (Business Adviser)
and
Mohammed Jafar Akram (Accounts Manager)

Removed from the "Our Team" page.

Don't accept this bullshit - everyone needs to file formal complaints against these two individuals.



They sure look like culpable employees to me, and this attempt to distance themselves stands as evidence of their fraud.

https://web.archive.org/web/20140124193201/https://alpha-t.net/about-us/team-2/
^ Also, don't forget the original version with their pictures...

Mohammed Mubasher Akram (Managing Director and Operations Manager)


Mohammed Jafar Akram (Finance Director & Accounts Manager)

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BTW, Fiaz et al. your stupid forums bans are what drove people here...

Thank you retro, im collecting your posts on my desktop.

I have given Alpha some time by 31st July to pay full refund. But i dunno what i have to do after this deadline, there are many possibilities. One of them is to file a claim via https://www.moneyclaim.gov.uk/web/mcol/welcome (or other claim sites), but if many customers are going to do so, Alpha could go down (or flee to asian nations where they came from) and nobody of us would get any fiat from Alpha. The most safe way is to sell account on ebay, to get ie 70% of what you have payed for your order. Dunno, have to think about next steps. Alpha even could delete the customer account if you start a big shitstorm here on the forums or via claim-websites...

I will offer some simple advice...

google UK lawyers and contact one.

If you get 50% to 70% of your money back from a lawsuit you're ahead of the game because you can buy more right now with that 50% to 70% than your originally paid for.

hire an attorney.

I'm not a customer of theirs, but I've hired attornies on other countries in the past when I felt I was getting screwed.

This is painful but at least its over now. We can all move on and just write it off as a loss and another lesson learned 

I should probably add for those who are not in the UK and are considering using Money claim online you will need a service address. This is an address in the UK where mail is sent, then forwarded on to you. Here is one such company, I have never used them so check them out yourselves but they do forward mail internationally and accept personal as well as business customers.

http://www.cityaddress.co.uk/index.html

Hope this helps

For almost 3 months now, they've been unable to provide details, continue to say there are small delays for reasons they cannot explain, but keep telling folks that a big update is coming.

Hilarious. At least with BFL they provided some comedy along the way.


I agree, and AT must be delusional to believe they're ahead. Other companies are already shipping. KNC "should" be shipping in August. They already have their cases, supporting gear, support PCB's, etc. They began tapeout in.. May? I might be off, but there's no way AT is ahead of anyone. Talk about delusional.

They're becoming desperate to deceive people.

There is an easy out for Alpha-T from the building storm.




An officer of the company (not a relative who spends a whole page explaining that they are not responsible for all the problems which don't exist) needs to make an immediate public statement which:

1) re-instates banned customers to the AT forums

2) provides an honest and factual summary of any financial or other problems the company may be facing which is hindering its ability to deliver a working product on schedule

3) provides an honest and factual update on wafer production

4) provides an honest statement regarding product performance and shipping schedules

5) withdraws illegal restrictions on customer's rights to exercise their contractual rights to a refund

6) agrees to process any customer refunds in a timely manner

Sounds to me like they are worried about a personal visit from unhappy customers …

I read the publication of this 'accountants guidance' a little differently than you do Anderl, perhaps its just my suspicious nature. This sounds awfully like  'If you cause problems for us with the authorities we will cause problems for you'  … combined with the implicit carrot 'We can help you with these problems … as a geeky tax guy I understand bitcoin regulations and there may be ways to mitigate your large liabilities'

 …. carrot and stick IIRC

On the other hand it could just be well intended thoughtful generous free advice.

It looks like anderl's post struck a nerve. Once again Alpha sends out another non employee to express their "personal opinions", rather than Alpha posting themselves .


I see he and his father are trying to distance themselves from Alpha. This is not a good sign. I find it interesting that after claiming to have invested thousands of pounds into Alpha, an "employee" wouldn't tell him, or he didn't care to know what the delays were.
I Also see he still has not disclosed this "international firm of solicitors" (just got an upgrade from a "leading UK firm") Presumably the same firm that wrote this typo ridden garbage:

If their comprehension of the law is as good as their grasp of time, spelling and grammar I can see why they got it so wrong.

I think the post above is correct. The accountants in the family who played a role in this should be reported to the CPAA. They are clearly trying to distance themselves from this mess so they at least survive with their careers in tact. But as employees of this enterprise, former or otherwise they should be held accountable. Let the CPAA decide if their part in this debacle deserves sanction or not.

I have received a letter back from the UK Citizens Advice Bureau, it reads as follows.....


Dear *********,
 
Thank you for your e mail about case reference number CS *********
 
Thanks for updating us about your case.
 
Your rights and obligations
When you enter into a contract with a trader by means of a distance communication (telephone, internet, mail order etc.) you will often have cancellation rights under what is known as the Distance Selling Regulations. These state you are entitled to a written notice confirming the details of your order and the fact you have cancellation rights. If you have been given the notice at the time you place the order, your cancellation rights run from the time of order until  7 working days starting from the day after  you receive the goods. If you have not been provided with this written information, your cancellation rights are extended for up to 3 months and 7 working days. To cancel you must inform the trader of your intention, either by letter, email or fax - where you may ask for a full refund (including any delivery charges). The trader must provide this refund within thirty days. To be effective, your cancellation notice must be sent before the end of the cancellation period described above.
 
You will be able to withdraw from the order at any time for any reason for a refund as long as the goods are not customised in any way making them bespoke.
 
Criminal offence
If the trader is not allowing you to cancel as per this legislation then this could amount to a criminal offence.
 
Your next steps
At this stage it might be best to simply discuss the matter with the trader. However, if you are unable to reach an agreeable solution you could take a more formal approach and write. Your letter should outline all relevant events and make it clear both what action you expect from the trader, and why. It should also give the trader a reasonable time in which to respond to your claim(s), e.g. fourteen days.
 
In addition, sending your letter by “recorded delivery” will provide you with proof of posting; a signature on delivery and online confirmation of delivery.
The reason we suggest this, is just in case you and the trader fail to reach an amicable resolution.  Having a record of your correspondence, and confirmation of delivery, could help demonstrate how and when you attempted to resolve the dispute yourself, should you need to escalate your complaint. Furthermore, the trader would find it difficult to maintain that you have never actually raised a complaint with them if they have signed for your letter. This may be helpful if you consider Court action or some form of formal / managed dispute resolution in the future.
 
Alternatively, you may consider obtaining a Certificate of Posting - from the Post Office - when you post your letter. Although this does not prove delivery, it can help to show that you sent a letter, on a particular day, to a particular address.
 
What we’ll do
Due to the business practices described, we will be forwarding the information to Trading Standards for further consideration.  The case details will also be placed on a central database that can be accessed by all other Local Authority Trading Standards Services throughout the UK.
 
Although we work closely with Trading Standards departments, we are a separate organisation. Individual complaints do not necessarily lead to immediate enforcement action as, sometimes, numerous complaints are needed before effective action can take place.  The information is, however, valuable intelligence for Trading Standards Services and other Government departments. Trading Standards will only contact you if they need further information or feel they could be of further assistance. We cannot make any commitment that Trading Standards will definitely contact you.
 
If you want to discuss this further please call us on 03454 04 05 06 or reply to this e mail
 
Kind regards
********
Citizens Advice consumer service


Things are moving forward I hope.

Thanks again Retro72. Great information. I agree with you regarding the importance of that July 31st date.
I'll be watching it closely. Keep the great info coming.

I HIGHLY doubt AT will dispute the claim (maybe to delay things, but not to fight) as CLEARLY we are not businesses. That distance selling regulation seems key for many of us.

Its about sharing

Well the comments are starting to pick up quick. Looks like more people are coming out of the cracks, pretty angry at the company.

And *still* they have no excuse for what they've done.