Alberto sent 50 additional BTC, which I will soon distribute. He asked me to relay that he is working hard on obtaining more, which I hope will soon follow.
At least he is still trying.
Topic: [GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade - page 7. (Read 57771 times)
At least he is still trying.
Alberto sent 50 additional BTC, which I will soon distribute. He asked me to relay that he is working hard on obtaining more, which I hope will soon follow.
Update Jan 27 2013: Sent, http://blockchain.info/tx/cf12de9dd02e04a3eea509146c261fc9bc5548ff88eb75a90cb592a10b4778f8. Counts as $0.12 per bond, $11.5656 remaining.
Update Jan 27 2013: Sent, http://blockchain.info/tx/cf12de9dd02e04a3eea509146c261fc9bc5548ff88eb75a90cb592a10b4778f8. Counts as $0.12 per bond, $11.5656 remaining.
Is this guy in jail yet?
Quote
I will bring your feedback to his attention and see if he has any ability to expedite the plans or to affirm his intention to go along with them
Like his word would count anything anymore... He missed several of his own deadlines. Maybe he should let actions follow his words and start to pay some more significant amounts...
I will not accept this. I've set my personal deadline in this case. After the deadline without significant and reliable progress in repayment, irreversible action will be taken without further announcement.
I'm trying to work towards people getting back as much of the debt as possible. Can you explain what your proposed course of action would accomplish?I appreciate your efforts. But I think they lack effectiveness. As my expectation of repayment of any significant proportion of the funds decreases, the importance of holding the fraudster liable increases regardless of a possible influence on the chances of repayment.
Alberto can still stick to his words and implement a more reliable repayment schedule. But I certainly will not watch the current delaying game go on forever.
He negotiated debt relief (fixed USD/BTC exchange rate) based on empty promises. If he ever pays any significant amount it will be certainly only at a much higher USD/BTC exchange rate - allowing him to retain most of his fraudulently obtained BTC.
This argument makes no sense. The USD/BTC exchange rate can either go up or down. Fixing the debt at a given USD/BTC rate is the logical thing to do, not having done that sooner was a mistake.It makes perfect sense, since Alberto did not agree or does not comply to a reliable repayment schedule. So (if he does at all) he will repay only if the exchange rate is in his favor.
I will not accept this. I've set my personal deadline in this case. After the deadline without significant and reliable progress in repayment, irreversible action will be taken without further announcement.
I'm trying to work towards people getting back as much of the debt as possible. Can you explain what your proposed course of action would accomplish?I appreciate your efforts. But I think they lack effectiveness. As my expectation of repayment of any significant proportion of the funds decreases, the importance of holding the fraudster liable increases regardless of a possible influence on the chances of repayment.
Alberto can still stick to his words and implement a more reliable repayment schedule. But I certainly will not watch the current delaying game go on forever.
He negotiated debt relief (fixed USD/BTC exchange rate) based on empty promises. If he ever pays any significant amount it will be certainly only at a much higher USD/BTC exchange rate - allowing him to retain most of his fraudulently obtained BTC.
This argument makes no sense. The USD/BTC exchange rate can either go up or down. Fixing the debt at a given USD/BTC rate is the logical thing to do, not having done that sooner was a mistake.I will not accept this. I've set my personal deadline in this case. After the deadline without significant and reliable progress in repayment, irreversible action will be taken without further announcement.
I'm trying to work towards people getting back as much of the debt as possible. Can you explain what your proposed course of action would accomplish?
As it turns out again, Alberto's word is worth nothing.
He negotiated debt relief (fixed USD/BTC exchange rate) based on empty promises. If he ever pays any significant amount it will be certainly only at a much higher USD/BTC exchange rate - allowing him to retain most of his fraudulently obtained BTC.
I will not accept this. I've set my personal deadline in this case. After the deadline without significant and reliable progress in repayment, irreversible action will be taken without further announcement.
He negotiated debt relief (fixed USD/BTC exchange rate) based on empty promises. If he ever pays any significant amount it will be certainly only at a much higher USD/BTC exchange rate - allowing him to retain most of his fraudulently obtained BTC.
I will not accept this. I've set my personal deadline in this case. After the deadline without significant and reliable progress in repayment, irreversible action will be taken without further announcement.
December 27, 2012, 12:46:12 AM
Anything new?
Not yet. December 26, 2012, 09:05:22 PM
Anything new?
December 20, 2012, 03:11:37 PM
Alberto has paid additional 25 BTC, and says more should come soon.
In other news, I got a full list of bondholders from Nefario. A few payment addresses are still missing which I am working on reconstructing by mailing the bondholders. In a few days I should finish integrating the new data and dispense the latest payment to previously and newly confirmed bondholders.
In other news, I got a full list of bondholders from Nefario. A few payment addresses are still missing which I am working on reconstructing by mailing the bondholders. In a few days I should finish integrating the new data and dispense the latest payment to previously and newly confirmed bondholders.
Good to hear Meni, at least the GLBSE part will be behind us.
December 20, 2012, 07:01:36 AM
Alberto has paid additional 25 BTC, and says more should come soon.
In other news, I got a full list of bondholders from Nefario. A few payment addresses are still missing which I am working on reconstructing by mailing the bondholders. In a few days I should finish integrating the new data and dispense the latest payment to previously and newly confirmed bondholders.
In other news, I got a full list of bondholders from Nefario. A few payment addresses are still missing which I am working on reconstructing by mailing the bondholders. In a few days I should finish integrating the new data and dispense the latest payment to previously and newly confirmed bondholders.
December 19, 2012, 04:50:40 PM
To sum up the current situation:
The scammer Alberto Armandi got effective debt relief from Meni by negotiating a fixed BTC exchange rate at $12 on his promise to pay back funds on a reliable schedule.
The scammer Alberto Armandi promised on or before 5th of December to repay BTC 200 within a week.
The scammer Alberto Armandi has payed BTC 100 so far.
The scammer Alberto Armandi has promised to pay a further BTC 150 within a few days.
Until now, the scammer Alberto Armandi has not payed.
The scammer Alberto Armandi threatens to use funds owed for his legal defence.
The scammer Alberto Armandi got effective debt relief from Meni by negotiating a fixed BTC exchange rate at $12 on his promise to pay back funds on a reliable schedule.
The scammer Alberto Armandi promised on or before 5th of December to repay BTC 200 within a week.
The scammer Alberto Armandi has payed BTC 100 so far.
The scammer Alberto Armandi has promised to pay a further BTC 150 within a few days.
Until now, the scammer Alberto Armandi has not payed.
The scammer Alberto Armandi threatens to use funds owed for his legal defence.
December 13, 2012, 09:12:05 AM
Today I went to the police station and report him for fraud!
This will only slow down debt repayment process as i will have to eventually allocate funds for legal defense/attorney.
You're looking at it all wrong.
If you *hurry up* and make good on your debt, you won't have to hire an attorney.
Paying sooner is what will save you money.
December 12, 2012, 03:02:06 PM
Today I went to the police station and report him for fraud!
This will only slow down debt repayment process as i will have to eventually allocate funds for legal defense/attorney.
Or maybe you show some good faith and pay back a more significant amount. 2% dept repayment in like 4 months aint much considering all the cutbacks we accepted. (no 3% weekly interest, redenomination in USD with a pretty low exchange rate) Im sure BTCGOLD will back down.
December 11, 2012, 05:54:47 PM
Today I went to the police station and report him for fraud!
This will only slow down debt repayment process as i will have to eventually allocate funds for legal defense/attorney.
December 11, 2012, 03:22:41 PM
Today I went to the police station and report him for fraud!
I hope not, because he (maybe?) looks like he is committing to paying back the debt.
December 11, 2012, 03:04:59 PM
Today I went to the police station and report him for fraud!
December 11, 2012, 03:00:39 PM
All I want for Christmas (or Hanukkah) is my BDT coins 
December 11, 2012, 01:13:10 PM
50 BTC more received, 0.01 BTC per bond sent (counts as $0.12).
PS. To all whom it may concern, 17mE6CjNxCKn51yAQuVx3ERq1qT5uYyRLr is an address in my Bitcoin-qt wallet and the main address I use to receive payments from Alberto. I send funds from Bitcoin-qt (not necessarily the same coins) to my blockchain.info address 14ubeus6MbjWqy13x2uFPS6XFUyE92ty96 to be used with sendmany.
PS. To all whom it may concern, 17mE6CjNxCKn51yAQuVx3ERq1qT5uYyRLr is an address in my Bitcoin-qt wallet and the main address I use to receive payments from Alberto. I send funds from Bitcoin-qt (not necessarily the same coins) to my blockchain.info address 14ubeus6MbjWqy13x2uFPS6XFUyE92ty96 to be used with sendmany.
Thanks for handling this, Meni!
Nevertheless I remain highly skeptical if this is the beginning of a happy end to the whole story. Too many broken promises by A.A. in the past.
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