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Topic: LTCGear.com SCAM - Enough is enough, lets get some info together - page 14. (Read 55622 times)

hero member
Activity: 574
Merit: 504

Lol, that would be a twist. All the while we've been raging at Chris, but actually he is just the employee. Lavinia is the mastermind behind it all Cheesy
legendary
Activity: 1400
Merit: 1050
sr. member
Activity: 280
Merit: 250
Anyone from the United States interested in seeking legal options agaisnt Chris and LTCG? I'm offering to be an "organizer".

To be honest - I've literally just started, so I'm trying to get information together, path forward, legal opinions etc. I'm not asking for any money (could change). Obviously, my time is free but when/if we progress with legal money may become a factor. That can be discussed when we see how this goes.

First, I need to identify who can help us and how. What type of time frame is involved and associated costs.

If interested in helping, providing information, or anything else please PM me.

Again - I'm not asking for money. I'm trying to put together a possible plan of action agaisnt Chris and LTCG.

You can't do anything against him that's the magic but if you want to lose time and money go on.

Actually, there are things we can do. Please don't discourage those that would like to approach this.

For those that are interested. Please refrain from following advise on this topic contained in forums etc. It would be best to get a more professional and vetted opinion from someone that does this for a living and is trained in international law.
newbie
Activity: 42
Merit: 0
Anyone from the United States interested in seeking legal options agaisnt Chris and LTCG? I'm offering to be an "organizer".

To be honest - I've literally just started, so I'm trying to get information together, path forward, legal opinions etc. I'm not asking for any money (could change). Obviously, my time is free but when/if we progress with legal money may become a factor. That can be discussed when we see how this goes.

First, I need to identify who can help us and how. What type of time frame is involved and associated costs.

If interested in helping, providing information, or anything else please PM me.

Again - I'm not asking for money. I'm trying to put together a possible plan of action agaisnt Chris and LTCG.

You can't do anything against him that's the magic but if you want to lose time and money go on.
sr. member
Activity: 280
Merit: 250
Anyone from the United States interested in seeking legal options agaisnt Chris and LTCG? I'm offering to be an "organizer".

To be honest - I've literally just started, so I'm trying to get information together, path forward, legal opinions etc. I'm not asking for any money (could change). Obviously, my time is free but when/if we progress with legal money may become a factor. That can be discussed when we see how this goes.

First, I need to identify who can help us and how. What type of time frame is involved and associated costs.

If interested in helping, providing information, or anything else please PM me.

Again - I'm not asking for money. I'm trying to put together a possible plan of action agaisnt Chris and LTCG.
newbie
Activity: 16
Merit: 0
hero member
Activity: 560
Merit: 504
BTW no way could anybody multiply investment on ltcgear 3-4x, ROI was about 7-8 weeks and gradually worsened till about 11 weeks in december.
If you got in e.g. february or march 2014 (like SWIM did) and reinvested around 50% of the payouts every week,
you would have multiplied the investment like I said (3 to 4 times, or even a bit more..). And on top of that, you would
have quite impressive numbers in your ltcgear-account now (although this might be worthless by now^^)

I'm not going to argue with you over these numbers, if you chose not to believe me, you are free to do so.

Plus:
the time this ponzi was running (last week of August till 1st week of December).
I have no idea where you took this date from, but it's definitely wrong.
legendary
Activity: 1400
Merit: 1050
You would understand if you were among those who multiplied (not just roi'd, but multiplied by 3 or 4!) their investment during the insanely
profitable summer/fall of 2014 with LTCGear. There is no way that in 2014 LTCGear was run ponzi-like by paying from new deposits, the
profits were just much too high for a much too long timeframe. I don't know what happened after BF/CM, though..

But I'm not angry with you guys. If I just came to hear about LTCGear in december 14 and know nothing about the time before,
I would also be shaking my head and be wondering how people can still believe that something positive can happen.


Actually if you run the numbers in Excel, set 8 weeks ROI, add 20% multiplication every 6 weeks and count with 50% sales growth weekly for first 10-11 weeks and then slowing down to 0% the system will be in weekly positive cashflow even until 13rd-14th week which is exactly the time this ponzi was running (last week of August till 1st week of December). Then you just close the shop.

Eg if you started with $10k weekly sales with 50% weekly growth first 10 weeks and then 0 grow, at the end of week 12 you have $1mil cash AFTER dividend payout. Then depending on sales growth/drop you have just to decide when to get 'hacked' Smiley

BTW no way could anybody multiply investment on ltcgear 3-4x, ROI was about 7-8 weeks and gradually worsened till about 11 weeks in december.

yep way more profitable than buying real hardware (I mean for Chris...)
sr. member
Activity: 291
Merit: 250
You would understand if you were among those who multiplied (not just roi'd, but multiplied by 3 or 4!) their investment during the insanely
profitable summer/fall of 2014 with LTCGear. There is no way that in 2014 LTCGear was run ponzi-like by paying from new deposits, the
profits were just much too high for a much too long timeframe. I don't know what happened after BF/CM, though..

But I'm not angry with you guys. If I just came to hear about LTCGear in december 14 and know nothing about the time before,
I would also be shaking my head and be wondering how people can still believe that something positive can happen.


Actually if you run the numbers in Excel, set 8 weeks ROI, add 20% multiplication every 6 weeks and count with 50% sales growth weekly for first 10-11 weeks and then slowing down to 0% the system will be in weekly positive cashflow even until 13rd-14th week which is exactly the time this ponzi was running (last week of August till 1st week of December). Then you just close the shop.

Eg if you started with $10k weekly sales with 50% weekly growth first 10 weeks and then 0 grow, at the end of week 12 you have $1mil cash AFTER dividend payout. Then depending on sales growth/drop you have just to decide when to get 'hacked' Smiley

BTW no way could anybody multiply investment on ltcgear 3-4x, ROI was about 7-8 weeks and gradually worsened till about 11 weeks in december.
legendary
Activity: 1400
Merit: 1050
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy

yep that might be christian next reason, remember how long it takes for him just to post about the tax collection while there is nothing changing about the site?lets say tax will be collected at the beginning of march i believe he is just stalling time making everyone like an idiot

Hey if you don't believe anymore i will happily buy your accounts for 10 $ each.Think about it 10 sweet dollars.

too bad i sold my 13k shares for 1.3 bitcoins to the believer in litecointalk, they will keep on believing this christian guy and worship him like a god of fortune

Well i hope he doesn't start paying again that would be pretty sad for you.
the reassuring part is that if he starts paying (and collect tax... probably not in that order) they won't be able to pay either for all the shares they now have  Grin ... (the reboot of the scam is clearly for them... that might hurt a lot  Grin)
sr. member
Activity: 280
Merit: 250
At this point they shares are worth so little on the open market it seems foolish to sell it and give up any opportunity of your backpay and future use.

You're getting pennies on the dollar - If anyone is debating it I would suggest just waiting it out..
newbie
Activity: 42
Merit: 0
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy

yep that might be christian next reason, remember how long it takes for him just to post about the tax collection while there is nothing changing about the site?lets say tax will be collected at the beginning of march i believe he is just stalling time making everyone like an idiot

Hey if you don't believe anymore i will happily buy your accounts for 10 $ each.Think about it 10 sweet dollars.

too bad i sold my 13k shares for 1.3 bitcoins to the believer in litecointalk, they will keep on believing this christian guy and worship him like a god of fortune

Well i hope he doesn't start paying again that would be pretty sad for you.
legendary
Activity: 2562
Merit: 1414
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy

yep that might be christian next reason, remember how long it takes for him just to post about the tax collection while there is nothing changing about the site?lets say tax will be collected at the beginning of march i believe he is just stalling time making everyone like an idiot

Hey if you don't believe anymore i will happily buy your accounts for 10 $ each.Think about it 10 sweet dollars.

too bad i sold my 13k shares for 1.3 bitcoins to the believer in litecointalk, they will keep on believing this christian guy and worship him like a god of fortune
newbie
Activity: 42
Merit: 0
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy

yep that might be christian next reason, remember how long it takes for him just to post about the tax collection while there is nothing changing about the site?lets say tax will be collected at the beginning of march i believe he is just stalling time making everyone like an idiot

Hey if you don't believe anymore i will happily buy your accounts for 10 $ each.Think about it 10 sweet dollars.
legendary
Activity: 2562
Merit: 1414
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy

yep that might be christian next reason, remember how long it takes for him just to post about the tax collection while there is nothing changing about the site?lets say tax will be collected at the beginning of march i believe he is just stalling time making everyone like an idiot
hero member
Activity: 1276
Merit: 622
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

You forgot the part where it will say: "There is also slight delay for balance payments and tax collection for a number of users caused by the DB alteration. ETA is next week."

And by 'number of users' he will mean everyone... Cheesy
newbie
Activity: 42
Merit: 0
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........

"Those guys" made money so yes i have faith (At least a little) in Chris.
hero member
Activity: 574
Merit: 504
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february

There will be an update for sure "2nd gen taking longer than expected, eta mid march".

Then those same guys will be "Ok, I'll wait til end of March then no more"... and on and on.........
hero member
Activity: 840
Merit: 1000
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.

not legit indeed, we will see what will happens after february ended, some guys got speculation about the 2nd gen which is in middle february
hero member
Activity: 560
Merit: 504
I invested big on the 19th. I did not get paid that week or since then so yea I believe it is a fucking scam only.
I hope you understand that I'm not claiming that LTCGear is legit. Not at all.
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