Topic: [GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade - page 15. (Read 57962 times)

Very unfortunate, Meni. I don't blame you at all. I hope you're not too disheartened by this experience. Your financial expertise is a great asset to the community.

I thought Alberto was just an incompetent businessman and would end up running a Ponzi scheme unintentionally. (I hoped to get out before he realized this and the thing collapsed.) It looks like I was wrong and he was actually a scammer from the start.

Well we've kind of exhausted our options, we've spent weeks trying to get Alberto to make good on his commitments.

I agree and suggest that you put hazek on ignore immediately. He is wasting our time with trolling crap while we're trying to take care of important issues.

Nefario, thanks for taking the lead in this.

Well duh, bitcoin is an arm of the New World Order, and GLBSE a central linchpin in the associated power-apparatus, of course he pays taxes like any other major New World Order power-elite institution does.

-MarkM-

I'll take that as me correctly assuming what you had in mind. So do you support the government then in general and are following all their rules with GLBSE? Paying taxes? ect?

I did, what I meant was I was going to go there and lick him until he gives back the bitcoins.

Oh I'm sorry, I assumed by prosecution you meant use police and the justice system i.e. the small group of thugs that enforce their rules through violence i.e. the government's aparatus to hunt the man down, kidnap him and imprison him i.e. use violence to punish him.

Did you have something else in mind with "prosecution"?

Whoa whoa whoa there, what are you talking about violence for.

Alberto agreed to have this information published if he scammed shareholders or ran off with their BTC.

The publishing of it has two purposes,
1) to prevent him from being able to do it again as everyone knows who he is(he can't re-invent himself),
2) to make it easier for us to find him and prosecute him, for fraud.

The rest of your post doesn't make much sense.

I can't believe how hypocritical this sort of action is Nefario. Well I guess it depends on what you believe because I am not really sure about your beliefs, but if you are a proponent of a peaceful prosperous society that governs itself without a small gang of thugs that enforces their arbitrary rules through violence, I just can't understand how you want to have a business that doesn't follow their rules and yet use their violence to for your own personal egandas.

There's a peaceful way to solve this problem.

Very interested in how this pans out as I was a "victim" in the bitscalper fiasco and had no idea his identity had been confirmed.
Would be willing to help however I can if Legal proceedings involve what went on with the bitscalper scam.

Mark

It was after when we found out.

I didn't know about the connection until the August 16 events. At that point it seemed like mere speculation but the evidence quickly amounted, and by now it can be considered confirmed.

Maybe I could have known about it sooner if I had looked harder; his handle on Skype and elsewhere is jjfarren, which was also used on the forum as an account determined to be Bitscalper.

Did you guys know before that he ran bitscalper? I hope not..

I wish you good luck in catching him, it would be nice if more scammers faced consequences (most in our small Bitcoin world got away, I don't see anyone facing any criminal charges (maybe people involved in Bitcoinica and Pirate ponzi will))

Alberto has decided to cooperate.

You are using simulated money to simulate stocks and bonds on a simulation of a stock-exchange; that much is obvious from the fact that you are not violating sheafs of laws by offering real securities and charging real money for them.

That view is part of why I took the approach of first creating an entire backdrop universe in which to situate simulated stock-exchanges; because once your offender is a simulated person in the same simulated universe as the simulated stock exchange, with simulated collateral seizable by simulated troops or nuke-able by simulated nuclear weapons or vaporise-able by simulated death-stars you do have the ability to strike back, because anyone who has enough collateral to secure funding from you has to have either invested many years or at least many thousands of hours building that collateral, or to have "cheated" by spending Earth money to "buy their way to success in the game"; either way they have something you can have your nation go to war against their nation to strike at, or a character your assassin character can sneak up behind and kill, or whatever.

But continue along this road farther... Remember the guy in the U.K. that got nailed for stealing simulated (virtual) poker chips from an online casino?

It so happens the chips used to simulate money in our simulations are stealable, due to the manner in which they are implemented.

When people pay real Earth money to get ahead in the game, they often do so largely by buying these chips, known as bitcoins.

So these chips have an established value...

In the U.K. at least, stealing them should be clearly a  crime just as stealing those poker chips was.

Not sure what precedent applies in other places, though urban legend has rumours of Habbo Hotel furniture theft having been prosecuted somewhere...

-MarkM-

Unfortunately, I believe they did not; nobody reported having been paid, multiple people reported not having been paid, Alberto stalled on providing more details about the alleged withdrawals...

+1

Im pretty surprised, that there is not already one attorney jumping in. Someone in her must have that profession or a close friend with that profession. Maybe its too complicated because of the global scale these scams happen. Where to file the suit? Can the attorney practise law there? How to gather the informations of all customers? ... Alot of work...

So I thought about this some more, and what we really need is a default go-to organization that can handle major bitcoin scams such as this. Simply put, everyone cannot be a legal expert and waste their time going after scammers. A solid company dedicated to pursuing justice against bitcoin scammers would be a huge success and much needed for the community. They could handle all the work so that people like Meni don't have to. Of course, they'd get a huge cut of any booty collected, but it would be well worth it.

That's the problem, if we don't get serious with scammers, they will get away with it, again and again.

Honestly, I'm not ready to throw the towel on supporting bitcoin businesses/startups yet, and I (like you) will be putting better policies into place, but to be honest I'm getting really sick of bitcoin right now with the insane magnitude of scamming going on. It's making it impossible for me to conduct business and almost making me miss the normal stock market. First pirate with 5 million USD, and now Alberto with over 100K USD. And of course Matthew's million-dollar bet and the whole REBATE and ZIP.A fiasco.

The one thing I know for certain is that something major absolutely needs to form to help protect investors against scammers. If scammers are afraid to scam, they won't do it - period. I'm not sure what that is yet, but without the ability to enforce contracts and pursue justice against criminals, I don't see how to effectively bootstrap an economy around bitcoin.

Nefario and I are still discussing the best course of action.

Unfortunately all of Alberto's debt to me (slightly above 4000 depending on how you count) is external, I only have 1 BDT bond to be used for testing. The 5000 outstanding bonds are by people who are not me.