https://www.reddit.com/r/Bitcoin/comments/2y98sa/let_it_rain_btc_finalhash_goin_balls_deep_in_tips/cp7t9273xploit
first off... great comments really. Actually refreshing to hear somebody putting thought into their post. Appreciated.
So here is the cool thing. We have a deal with cryptsy so selling the coins is on a market maker fee and Betarigs is eating the cost of that super small fee. And then you will be able to push betarigs miners through mintsy and vice versa. So win win win. $1
Marshall Long
(3exploit) must of lost on that deal considering Betarigs AND Mintsy are kaputski. HAHAHA
"Is 'win win win' the new 'Up! Up! Up!'?"Ironically, the last heard from Bruce Wagner was on Marshall Long's Facebook page commenting on a pic of Roger Ver chillin' in Bangkok where Bruce now resides.
Step 1. Advertise on Cryptsy
Step 2. Steal everyone's Bitcoins
Step 3. Move to China and wait for BV
Step 4. Circle Jerk
Step 5. Profit??
Has Bruce Wagner pulled off the biggest financial scam on the bitcoin community? UPDATE2 (A long fucking post.)
cp1t0
Bruce Wagner is the host of OnlyOneTV and the organizer of the Buttcoin Conference, and he’s a bit of a character. He seems to hate women and blames them for being victims of rape. He had vehemently advocated moving the buttcoin conference to Pattaya, Thailand, which just so happens to be the underage prostitution capitol of the world. Hell, he’s even posted about tips on how to pickup boys for sex.
But Bruce is also a convicted scammer and con man. He’s even fled the state and still owes thousands of dollars in outstanding debts and restitution. He’s had a mortgage fraud scheme backfire on him and been estimated to have stolen over a million dollars from people losing their homes in foreclosure.
And he may have pulled off one of the most successful scams on the buttcoin community.
Mah Bit Con!
This all started unraveling when notorious Something Awful forums poster Three Olives did a little scratching under the surface of who Bruce was before bitcoins. It all started innocently enough with a post on the SpamCop forums. The post was nothing of importance, but it did have a rather unique signature:
Bruce Wagner
President
Bold Funding, Inc.
Chicago, Illinois
312-951-7960
bred[at]mailblocks.com
Who or what was Bold Funding? Glad you asked! Bold funding perpetrated one of the largest mortgage frauds in Chicago history. Here’s how it all went down:
In 2004, Bold Funding maintained its “headquarters” at a commercial post office box at 40 E. Chicago Ave., Chicago, Illinois. Bold Funding also operated a website at
www.boldfunding.com and sponsored hundreds of commercials on local and out-of-state radio stations. On its website and radio commercials, Bold Funding claimed that it could save homes from foreclosure even after a Sheriff s sale. Homeowners in foreclosure sent thousands of dollars to Bold Funding under the belief that Bold Funding would secure funding to refinance their mortgages and save their homes. The Defendants did not arrange or provide any funding. Neither Bold Funding nor Bruce Wagner ever possessed an Illinois residential mortgage broker’s or lender’s license.
…
In Civil Court on April 18, 2006, Judge Julia Nowicki ordered Bold Funding and Bruce Wagner to refund $115,858 in application fees to 74 former customers who never received any funding from the Defendants. Bold Funding and Bruce Wagner were also fined $250,000, and the Defendants were permanently banned from providing any services in Illinois related to residential mortgage loans.
“The taking of monies from vulnerable homeowners in foreclosure under false pretenses is reprehensibleX,” Devine said. “Any company which purports to help homeowners who are in foreclosure must follow the law and fulfill its promises to assist its customers.”
https://web.archive.org/web/20140404000459/http://buttcoin.org/has-bruce-wagner-pulled-off-the-financial-biggest-scam-on-the-bitcoin-community