Topic: Are BanxShares as good as GAW Paycoin? (Read 47024 times)

It's on this thread.....so.....

it's closed already. must've been a tremendous success

I'm not clicking that.   

Got this email 2 months ago, just noticed it in the inbox:















The link goes to:

http://marklyford.acemlnc.com/lt.php?s=827a92cee27711f6ff0ed71576f7ab73&i=163A261A26A570

The fox found more hens?  #GAWsome

I'm *sure* he'll turn them over..... 

Good news for anyone who lost money with Banx as Mark has announced on a Facebook video that he still has the coins from "Banx Mint" and he will be selling them on Entrepreneur Action!

This is interesting as surely Mark should have handed over any assets to the trustee when he was made bankrupt but it looks like he somehow managed to keep hold of the physical Banx coins and he will be selling them.

As he continues to parrot the line "intention is everything" we can only assume that Mark intends to sell these coins and distribute the proceeds to all the Banx investors.

Unless of course the trustee finds out about them first.

Perhaps someone can explain this because it doesn't make sense:-

Why is Mark Lyford stating in several places that he closed Banx in January 2016 when it is clear from this thread that the announcement came towards the end of April 2016?

https://www.facebook.com/photo.php?fbid=1282595615141342&set=a.178848365516078.45219.100001727478424&type=3&theater

Pass the sick bucket, someone.

Thanks for that update...

Mark Lyford closed off 2016 by going bankrupt for the second time.

You can see the details on the UK's Insolvency Service website:

https://www.insolvencydirect.bis.gov.uk/eiir/

Simply search by his surname.

It is case number 5016588

I was scrolling through the companies house UK listings of Lyfords labyrinth of companies, many of which have been dissolved or struck off, I came upon some Banx Capital ltd filings that had me scratching my head

1. first off, Lyford filed a dormant company filing in Dec 2014, a dormant company filing negates the need to file audited accounts, however, many of Banx investors deposited funds directly into this account,dormant company?
2. additional filings show that the company has assets of 1000 pounds comprising of 1000 shares at 1 pound each, all owned by lyford, this cannot be correct, over 150k flowed through this account & in Lyfords own words the investors were buying shares in the company,
many investors have requested copies of audited accounts from Lyford, his response is that these items cost money , money that the company doesn't have, yet the filings at companies house show accounts dating to September 2015, why not make these available?, perhaps Lyford is taking advantage of the dormant company rules & filing a zero return so nothing to show the investors,

This is all very murky indeed, simple question is, where is the money, some folks estimate 500k, it is not represented in any of Lyfords holdings, perhaps he holds the funds, personally, securely?

https://www.youtube.com/watch?v=rY0WxgSXdEE

(Might as well add a soundtrack...)

looks like there is some action on the blockchain http://cryptofresh.com/u/banx-burn

make sure to involve the authorities. it'll take some time, as we recently see with Garza though

The problem is these types of scams are what ultimately give Bitcoin and other great projects a bad name. I'm sure many of his victims will hate him to death and will speak badly about all things "crypto" to many of their friends, family and acquaintances, even if it has nothing to do with Bitcoin or cryptocurrencies per se. Most common people will never be interested in getting more information about it and they will just go with the simple reasoning BTC/Crypto = Bad/Scam/Fake Money.

investing in crypto is always a joy!

believe it or not, he placed a post on his facebook today announcing that anyone that he caught interacting with me would be blocked , I couldn't see the post because, well, I was blocked around a month ago,  he's big on this blocking thing especially with folks who have given him money,
well, he only followed through true to form & blocked 10 or more investors just today, that's 340k of investment right there, just unceremoniously blocked,can anyone believe that?
He's going to have to block a lot more guys the way that this is going