I second your thoughts.
Robert Kim is a great con artist. I have been following his Twitter(https://twitter.com/OTC_Bitcoin, earlier https://twitter.com/apacllc)/Youtube channel for 3 months and his Big Blue Ocean for about 10 days. Kim always goes big on whatever story he delivers - in August he claimed his trading group comprised 5 top-notch financial analysts and traders from different parts of the world, thus they deliver non-stop advice and trading management. He claims that his group became 8-strong. During the last 7 days, his publicly available calls (posted on Youtube, Twitter and Telegram Group) hit the point only in 1/4 of cases - buy, then sell Power Ledger, buy Dash and buy LTC (though based on old news) proved to be true. Kim does a lot of hype around Pump-and-Dump coins, low liquidity and high volatility coins, many of them lacking any fundamental factors. Many times Kim calls to buy such a coin, the run is almost 1/2 or 3/4 complete. Assuming his "Asian Whale Club" offers "portfolio management services for anyone with over 50 Bitcoin" and there are indeed such trustful people to trust Kim their funds, I think Kim is just shilling the bags of his customers or organizes pumps - first he accumulates low-liquidity coins on his customers' accounts, then hypes these coins among signals buyers and shows some buying activity, to drive price upwards, followers see the run and start buying - this moment Kim dumps his stack.
Although Kim's group is supposed to be 8-strong, I cannot see any proof - his content is too poor to justify the work of 8 traders. Furthermore, his call accuracy fell from 40-45% in August, when we were witnessing the bull run in full mode to 20-25% now, when market uncertainty has taken over. Certainly he has 1 or 2 assistants, since posts are published every 2-4 hours, but far from his claims of a professional team.
Another selling point of Kim is everything about Korea - Korea this, Korea that; Upbit (the latest Korean exchange, partnered with Bittrex) launch will make all coins moon; Guys, buy before this is added to Upbit; buy Bitcoin Cash before Japan and Korea wakes up; proved inconsistent.
Kim constantly changes the names of his businesses and deletes the internet entries related to his previous businesses.
TLDR: even if you follow Robert Kim, don't trust him. You can check by yourself TA and FA on his picks, but don't take his words for truth.
Topic: Fraud Alert - Bitcoin Seoul Asian Whale Club - @OTC_Bitcoin - page 2. (Read 2291 times)
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https://www.youtube.com/watch?v=GPeTjYw4VWI
Watch this before you give him your money. This guy's a known scammer. He jumps from one business to another business, taking your money, without delivering what he promises. Part of his scam is his charm. He's charismatic and well spoken.
https://www.youtube.com/watch?v=GPeTjYw4VWI
I've personally paid for his dolphin service and it was literally the same as his free signals.Every business in his video is fake. He uses other people's business and claims he wants to promote them, piggybacking off them.
The whale or dolphin club? You give him your BTC and he gives you the same signals as his free club.
Don't believe me? Check out this site on him. He's such a fraudster that he's not even allowed in the US anymore:
http://robertkim-scam-korean-american-conman.blogspot.ca/2014/11/korean-american-con-man-defrauds.html
"Unconsciously Incompetent Con-trepreneur? Robert Kim, Wan-Qi Kim, Bob Wan Kim, John Bobby Kim (사기꾼)
This is a site warning consumers that a US internet conman is now active in South Korea. Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain.
Do not under any circumstances work with this individual. He has evaded numerous lawsuits, taxes and consumer agencies in the US.
Robert Kim also known as Wan-Lai Chen, Wan-Qi Kim, Qi-Wan Kim, Robert Kim, Bob Kim, Bob Wan Kim, Bobby Kim or John Bobby Kim is widely accused across several consumer forums for fraud. The Korean-American has been labeled as an internet conman and has been active in South Korea for the past 4~5 years after escaping internet consumer backlash in the US for fraud complaints involving thousands of consumers over the past decade.
Kim essentially commits quackery, the misrepresentation of the ability of substances, devices, services, products and expertise, if not giving any deliverables at all, in exchange for money. He has taken people and businesses for thousands of dollars and continues to do so today.
He operates under numerous variants of his name and acts as a figurehead for multiple one-man and unregistered facade companies. He currently lives in South Korea holding an F-Series immigration visa, and is possibly married to a Korean citizen.
Kim is actively executing the same fraud techniques he's been accused of in the US, but now in Asia, especially in the Korean peninsula from Seoul to Busan. His flight to South Korea has eluded US consumers pursuing him, and on multiple occasions, he has dismissed and excused himself from fiduciary responsibility by taking the stance of an unconsciously incompetent entrepreneur. Nonetheless his business activity is deceptive, misleading and considered fraudulent, whether he is unconscious of it or not.
Kim is incredibly well-spoken, persuasive, non-transparent and frequently publishing content on social media. He has had over 10 years to master the craft of projecting a believable and innocent internet persona to an expert level of mastery. In other words, he is an expert at deliberately practiced deception.
Scope and Method of Scams:
He operates numerous websites and social media accounts where he makes an abundance of selfie youtube videos about his supposed expertise and connections across several industries to bait people into buying his services as a consultant and/or broker.
BROKERING SERVICES: He targets small to medium enterprises and falsifies his background and credentials to set up appointments and meetings. He will walk into a business and claim he is an ex-management professional of a prestigious company related to his mark's industry. He would then explain a lucrative business opportunity that he has lined up for his mark in which he will take a commision for setting up this transaction. Kim would then waste his mark's time and resources, and ask for a fee to broker this highly unrealistic deal, which usually falls through. These include marketing campaigns, printing, software development work and illegal and dangerous brokering services such as taking an unsuspecting foreign patient to a surgery clinic and collecting a commision from the doctor via an inflated treatment price.
NOTE: He does not hold a college degree and has NOT worked in any qualifiable capacity in the industries he claims to be a subject matter expert in such as: robotics, technology development, telecommunications, digital marketing, 3D molding, manufacturing and printing, etc... "
His current website:
http://bitcoin-signals.org
http://bitcoinseoul.org/
His twitter: https://twitter.com/OTC_Bitcoin
Watch this before you give him your money. This guy's a known scammer. He jumps from one business to another business, taking your money, without delivering what he promises. Part of his scam is his charm. He's charismatic and well spoken.
https://www.youtube.com/watch?v=GPeTjYw4VWI
I've personally paid for his dolphin service and it was literally the same as his free signals.Every business in his video is fake. He uses other people's business and claims he wants to promote them, piggybacking off them.
The whale or dolphin club? You give him your BTC and he gives you the same signals as his free club.
Don't believe me? Check out this site on him. He's such a fraudster that he's not even allowed in the US anymore:
http://robertkim-scam-korean-american-conman.blogspot.ca/2014/11/korean-american-con-man-defrauds.html
"Unconsciously Incompetent Con-trepreneur? Robert Kim, Wan-Qi Kim, Bob Wan Kim, John Bobby Kim (사기꾼)
This is a site warning consumers that a US internet conman is now active in South Korea. Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain.
Do not under any circumstances work with this individual. He has evaded numerous lawsuits, taxes and consumer agencies in the US.
Robert Kim also known as Wan-Lai Chen, Wan-Qi Kim, Qi-Wan Kim, Robert Kim, Bob Kim, Bob Wan Kim, Bobby Kim or John Bobby Kim is widely accused across several consumer forums for fraud. The Korean-American has been labeled as an internet conman and has been active in South Korea for the past 4~5 years after escaping internet consumer backlash in the US for fraud complaints involving thousands of consumers over the past decade.
Kim essentially commits quackery, the misrepresentation of the ability of substances, devices, services, products and expertise, if not giving any deliverables at all, in exchange for money. He has taken people and businesses for thousands of dollars and continues to do so today.
He operates under numerous variants of his name and acts as a figurehead for multiple one-man and unregistered facade companies. He currently lives in South Korea holding an F-Series immigration visa, and is possibly married to a Korean citizen.
Kim is actively executing the same fraud techniques he's been accused of in the US, but now in Asia, especially in the Korean peninsula from Seoul to Busan. His flight to South Korea has eluded US consumers pursuing him, and on multiple occasions, he has dismissed and excused himself from fiduciary responsibility by taking the stance of an unconsciously incompetent entrepreneur. Nonetheless his business activity is deceptive, misleading and considered fraudulent, whether he is unconscious of it or not.
Kim is incredibly well-spoken, persuasive, non-transparent and frequently publishing content on social media. He has had over 10 years to master the craft of projecting a believable and innocent internet persona to an expert level of mastery. In other words, he is an expert at deliberately practiced deception.
Scope and Method of Scams:
He operates numerous websites and social media accounts where he makes an abundance of selfie youtube videos about his supposed expertise and connections across several industries to bait people into buying his services as a consultant and/or broker.
BROKERING SERVICES: He targets small to medium enterprises and falsifies his background and credentials to set up appointments and meetings. He will walk into a business and claim he is an ex-management professional of a prestigious company related to his mark's industry. He would then explain a lucrative business opportunity that he has lined up for his mark in which he will take a commision for setting up this transaction. Kim would then waste his mark's time and resources, and ask for a fee to broker this highly unrealistic deal, which usually falls through. These include marketing campaigns, printing, software development work and illegal and dangerous brokering services such as taking an unsuspecting foreign patient to a surgery clinic and collecting a commision from the doctor via an inflated treatment price.
NOTE: He does not hold a college degree and has NOT worked in any qualifiable capacity in the industries he claims to be a subject matter expert in such as: robotics, technology development, telecommunications, digital marketing, 3D molding, manufacturing and printing, etc... "
His current website:
http://bitcoin-signals.org
http://bitcoinseoul.org/
His twitter: https://twitter.com/OTC_Bitcoin
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