Topic: DeOS (by Razormind) is most likely a scam! EDIT: Ongoing investigation!!! - page 15. (Read 66986 times)

This scam would never have succeeded without Cointelegraph's complicity, or perhaps even collusion. They need to start showing they even give a shit about this sort of thing. @Cointelegraph - "Business as usual" is no longer acceptable or tolerable.

I see those pesky Omni-layer 'DEOS' tokens are having a hard time getting distributed. First we have @Razormind seemingly responding to my 10th November criticism of their abject failure to complete the delivery of the outstanding $10,000,000.00+ (according to their own valuation) of tokens.

So Tuesday came . . .and went. But it's ok, Jawad is only bumping the process to the following day.

So Wednesday came . . .and went. But it's ok, Jawad said they'd be "opening the platform up", right?
Nope. Still down.

Well they must be *real* fucking busy working to deliver, right? Maybe Jawad doesn't have time to tweet an explanation for the continued failure to even pretend like he is delivering on the T's and C's of the fraudulent 'crowdsale'?
Oh. Plenty of time for a banal tweet about a tv show he's watching but no information regarding his copy-pasta plagiarized 'DeOS' platform being offline for weeks.

Must simply be too occupied with those Bitcoin ATMs he's installing. Yeah, I'd imagine the ease with which he'd be able to launder the proceeds of the 'crowdsale' through them would be quite the distraction, thinking about where to go on a luxury holiday, that sort of thing. I think your missus wants to go to Paris, Jawad.

Hey, but remember guys: "Trust is the only network".

He's an audacious arsehole, that's for sure.

Well, I'll have to wait another few weeks until Action Fraud provide a report on what they've done.

Still waiting for that Coin Telegraph article... Yes, I'm highly suspicious they were in cahoots, and should be investigated as part of the fraud investigation. They were a vital player in this scam.

Particularly when you say something is not a security and then attribute characteristics to it, such as a cash value higher than the purchase price, during the period of time you are trying to get people to buy into it.


I absolutely agree with you. So much of his behaviour, publicly recorded interviews and his own social media statements, is rooted in fabricating whatever 'truth' is needed at that very moment to fit the narrative.

I mean, seriously, to have posted repeated claims about something instantly and easily proven to be false, such as stating that if you do a google search for my email address, "you will see as we did it is a paid trolling account; one which can be rented for BTC" strongly suggests, as you describe, that he lives within a delusional bubble of believing that reality is whatever he chooses to describe it as.

It is so absurd, so acutely strange, to make these kind of explicit assertions which he knows to not just be false, but to be instantly proven as false through doing exactly as he advised, namely, googling my email address, one has to consider that his narcissism is so entrenched he is incapable of even considering cause-and-effect outside of his own personal bubble. It simply doesn't register with him that he is telling ridiculous and easily disproven lies which only serve to further undermine his position. A position he has put himself in.

He has only himself to blame but his narcissism runs so deep he couldn't even recognise that screwing somebody over for a measly 3 fucking bitcoin, while proudly declaring, ""I have literally got millions of pounds, more money than I have ever had in my entire life" after having 'successfully' defrauded people out of their bitcoin through fraudulent misrepresentation, might cause some people to choose to further expose him for what he is, a common fraudster.

Yeah I mentioned in a private email to razormind that tokens are indeed a security and Yaqub vehemently claims they are not. Just because you SAY something is not a security does not mean it is not a security.

He seems to think if he says something it becomes law, sort of like that bullshit "agreement" they posted for the crowdsale which would be tossed out of just about any court in the world. This is classical narcissistic behavior, which is a serious mental illness.

Narcissists believe all of reality (people included) is an extension of themselves and their mind will not comprehend anything that does not fit in with their world view, which basically means if it does not fit with the way they see reality THEY DO NOT PERCEIVE THE INFORMATION AT ALL. Their brain tosses the information aside and they remain oblivious to its existence no matter how many times (or how forcefully) they are confronted with it.

I believe Jawad Yaqub suffers from the mental illness of narcissism.

It seems Razormind's web presence is having a facelift. New wallpaper on the Twitter account and a change to most of the razormind.co.uk layout, including dropping the 'Leadership Team' page. Although I note the address for that still loads up with the likes of Dr Jame 'Sulayman' Ferguson, the New York medical professional who seems to have been fully aware that Jawad was using his profile to pretend like he was an IT and Brand Specialist. Which was all part of the astro-turfed package they put together to con people into believing Razormind was a multinational corporation of substantial size and scope and not just a twenty-quid UK online incorporation registered in February with Jawad as the sole director.


Couple of things to note in amongst all the off-topic personal crap on their twitter account:

Fengying finally gets a reply to his question about whether these omni-layer DEOS tokens can be traded, but the answer is somewhat confusing and contradictory, so no change there then. He asks if they can be traded, Jawad answers, "yes", but then goes on to explain how they can be spent and that they are not a 'security', which means the correct answer to the question, "can we trade DEOS tokens on the platform" is actually, "No, you cannot trade on the platform because they are not a security, but you can spend them by paying to register assets/ids".

Except, of course, what with this being Razormind/Jawad, it isn't *quite* so simple as declaring these omni-layer tokens to not be securities because Jawad spent a lot of time during the ICO repeatedly tweeting a cash value to these tokens. So that people would think they were like Ethers, which they are not. At all. Even though the ENTIRE premise of the ICO for this bullshit platform was that it would be a competitor to Ethereum.

Although I guess the first thing they should really be addressing with regards to investors who are asking about how they can use DEOS on the platform is to, well, have the fucking platform online for starters.
Still down.

The other tweet to be found hidden in among the nonsense is:

So 'most' people have received their omni-layer tokens, but they've only transferred 1,091,658 tokens to the main distribution address and that was over a month ago.

Even then they have only distributed 435,679 tokens out of that distribution address, meaning from the claimed sale of 9,200,000 DEOS omni-layer tokens, they've still yet to distribute 8,764,321 of them.

But apparently the owners of $10,376,605.49-worth (according to Jawad's valuation below) of DEOS tokens will "be given a chance to get them later".

The only believable thing I have ever heard him say was when he said he is not good at anything.

Got some amusing observations for you this morning from Jawad's Facebook: https://www.facebook.com/jawad.yaqub

First, we have sad Jawad. So hopelessly useless at everything except loving his family and believing *real hard* in mythological deities. Well, that and defrauding people out of millions of dollars-worth of bitcoin, of course. You're *totes* ace at that, Jawad!

Next up, one to make you :facepalm:
He said, after collecting several million dollars-worth of bitcoin through criminally fraudulent deception.

Finally, in "Things that make you go hmmmmmmm. . .I wonder if this is because he needs character references for a court hearing?" news?

Don't worry Jawad, I'd happily provide a character reference for you! Like you did for me, when you libellously claimed that I was a paid troll, that my account could be rented for bitcoin and that googling my email address shows how disreputable I am. Except that, unlike your character references for me, I can absolutely promise you that my assertions about you would be true!

I took a look at mine and it too goes to https://blockchain.info/address/1LbXHMsxXJfaBdfNw9sasinYXS1at6KU2Z.

Another user has provided 1BeBhG4ofMKc1RdYcHqcYr2caBsZHq9wzn as being the address they were requested to deposit to for the ICO. On following this deposit we can see that it, too, goes to the above BTC336 1LbXHMsxXJfaBdfNw9sasinYXS1at6KU2Z address.

Here is the deposit address he was given, as viewed on the excellent bitcoinchain.com:

You can see the initial 1BTC deposit is then cleared out of that address in a BTC33.389 output along with a group of other transactions from other ICO deposit addresses, which means all the other transactions are addresses also controlled by the same wallet, most likely under the control of Jawad Yaqub or Phil Sturgeon.

@Niall? Any indications for when you're going to be publishing something with teeth?

Your former colleagues/clients/advisees appear to be having trouble keeping their totallynotascam cut-and-paste-platform operational.

When is the next CT article coming out?

So I was scammed, yes, largely thanks to CoinTelegraph writing such gushing reviews about DeOS, and me not having any real experience in this wild west of crypto scams.

I have many DeOS tokens yet no means to use them, and I see no evidence of the platform I funded actually existing. At best, these guys are utterly incompetent. Given what I've discovered here, I'm more inclined to believe they're seasoned scammers.

I've filed a report with actionfraud. The wording of the DeOS terms were such that they have tried to protect themselves. But this is clearly a scam in my eyes and I hope action is taken against the people who have defrauded a lot of us of a LOT of money.

Good to know Jawad and his sham company have lots to keep them busy. Like turning their bullshit DeOS web-page into a 'Fallout'-themed terminal-screen for no apparent reason whatsoever. Useful.

http://rzr.io

'Borrowed' from https://codepen.io/mackorichardson/pen/vNMRpK

I'd be more interested in why there's still more than 8,000,000 (equivalent to at least 8,000 Bitcoin if all were bought at the 1000 DEOS per btc initial rate) omni-layer DEOS tokens to distribute which don't seem to be going anywhere.

Which does raise the question of if Mr Jawad ""I have literally got millions of pounds, more money than I have ever had in my entire life" Yaqub and Co really did raise the thousands of btc they claimed to have in return for omni-layer DEOS tokens or, if they did raise the thousands of bitcoin claimed, whether the purpose of the 'crowdsale' was less about shilling DEOS and more about laundering illicit funds.

Or perhaps, as I suggested before, large investors are refusing delivery of the omni-layer DEOS tokens and Jawad and Co are simply attempting to force the whole thing into a, "Hey we delivered the minimum spec we were required to by the T&C's of the 'crowdsale'" totallynotascam scam.

According to the advice he gave you he didn't really look into it.


It's obvious you still aren't.


You should ask your lawyer friend what happens when you post an article that causes hundreds of people to get scammed. Is "It was me who didn't do my due dilligence properly " all you have to say about that?

Ask them. They seemed reasonable enough in conversation with me.

Nope, not one satoshi. That seems to annoy people for some reason. According to most I must either have lost money or be making it off the back of this, to which I can honestly state the answer to be neither.

Sounds intriguing, I look forward to it. Let's see who is 'more right'.

Cryptodevil - Have you invested anything in all this? Reason I'm asking is because you seem to be able to spend more time on this than anyone else.

My next article will reveal all the answers to your questions and you will see for all the time you've spent on this, you've gotten so much wrong yourself.

Thanks Astmandu! Yes the Mr.Malik situation will become a lot clearer after the next article. I will also be touching on Vanbex who at the minute just look like they were smarter than me, spotted something and pulled away sooner.

I have and I, too, recommend people file a Fraud Report Form http://www.actionfraud.police.uk/

The more alerts the authorities can be given, the more likely Jawad and Co can be stopped before the money is irrecoverable.


Frankly Cointelegraph have an appalling record on that front, with active and known scams still being promoted through adverts, advertorials, sponsored articles and those which are non-sponsored but clearly unresearched and utterly lacking the most basic of due diligence.

As I have said before, a journalist doesn't have to put out a negative article on a project or service they suspect is a scam, but they sure as shit shouldn't be putting out uncritical pieces on projects or services which are riddled with easily-found holes and red flags from the outset.

I will be interested in the subsequent articles in the series, Niall, but let's not kid ourselves here, your claim towards having not received a cent from this sham company doesn't really explain your evident voluntary participation in it. You must have been offered something and the question is going to be when you were offered that 'something'. Was it prior to or after the two promotional articles you wrote which read as though Razormind were a serious corporate entity with bold assertions such as, "A UK company Razormind is going to be rivalling Ethereum offering alternative options in crypto, blockchain and smart contracts to corporate giants such as Microsoft, Eris and IBM. "?


On the one hand you claim the sham company Razormind and its subsequent sham 'crowdsale' to be akin to the cryptographic puzzle Kryptos and have just posted:

Yet nobody needed an onerous headcount of staff, you simply needed to look the company up on the UK Companies House Register https://beta.companieshouse.gov.uk/ to see it had only been incorporated in February of this year, with a semi-detached residential house as R.O. and that all prior incorporations linked to Jawad and Phil have ended up in compulsory strike-off.

I get that your defence is predicated on not realising it was a scam until too late, but to now be painting it as being so complex and convoluted a scam that you could not easily see that the company was a sham is just absurd and, given CT's history of doing absolutely fuck-all about the scams promoted on its own website, you'll have to excuse my cynicism as to your claim CT didn't get any money from this.

Grossbit filed a complaint and Mailik acted as though authorities are involved but I don't know if that is true and to what extent.  I'm based in the States and when I try to look into reporting financial crime in the UK it all points to actionfraud.  Financial crime doesn't get a lot of attention from investigators but if enough people make noise then it does.  Considering the amount of BTC involved and vastness of the fraud (and what's with the DEOS DAO?), I'd hope they'd have a look.  As a journalist I'm sure you can get in front of someone to ask some questions.

Thanks for your kind reply and I appreciate the measured professionalism you are showing.  I know that as a reporter you can't come across with the emotion that we have here.  If you can reach out to Mailik and Vanbex (sp) I'd love to know more of that story.