Topic: New Lending Platform BitLend.io - page 6. (Read 26369 times)

For reference, here is what I was posting the same day that you were mindlessly defending Homero Joshua Garza's obvious and brazen fraud operation.


And one from January 20, 2015:


And Mike Johnson of Coinfire was under siege by your associates on Hashtalk:


You went for MONTHS after this still defending this blatant and obvious fraud operation. Some "financial adviser". Ridiculous.

Here is Korfax, aka Michael J. Koerner defending Josh Garza's fraud scheme on Jabuary 21, 2015- LONG after it was apparent to most people that GAW and Paycoin were outright fraud operations.




http://coinfire.io/2015/01/21/paybase-operating-illegally-without-msb-licenses/

You had no problem giving your legal opinion about Garza's fraud operations. You were extremely vocal in calling out Mike Johnson of Coinfire  on Hashtalk as well.

Again: Were you paid by Josh Garza to post this rubbish?

If you do not know anything about Bitlend, why are you promoting it? Did you not learn your lesson with the months you spent promoting the GAW / Paycoin fraud operation which you say you did not know was fraud?

P.S: Were you paid or compensated in any way for your activities associated with Josh Garza and his fraud schemes that a trained financial professional like yourself could not see as fraud, even though people were bombarding you with mountains of evidence? Yes, or No?

Looking at that post. I don't have any real answers for you. Other than I think they are all legit questions.

Since I don't work for or play any part in bitlend I don't know why they are based out to UAE. I would guess for tax reasons?

I cant answer any other questions other than I haven't emailed those people invites to bitlend.

Sorry man, I don't have the answers you're looking for. I just wanted you to know that I have nothing to do with bitlend other than having an account and knowing Jason and Allen from the Paycoin days.

Does that help at all?

The questions are already posed above. If you really want me to re-post them and make the search rank rise on this thread I will though.

I'd be happy do answer any questions you have. I have nothing to do with bitlend other than having an account there.

List the questions you have and I gladly answer them. I'm an unimportant person when it comes to bitlend and paycoin or anything is crypto for that matter. I have no insight to anything and control over anyone. I don't think I'll have the answers you're looking for. I'll answer them the best I can.

Fascinating tale, old chap. Really.

Care to answer any of the questions posed above?

Hey Paul, I was screwed by Josh just like everyone else. The biggest mistake of my life was buying that shit coin. I have some much of it and I'm stuck with it. I believed all the shit Josh was saying. I lost more money than I should have. My only regret is, I didn't listen to you guys when you started to suspect he was up to no good.  I don't work for bitlend.  Will it be successful, I have no idea. I offered my opinion with pros and cons. I'm not pushing it on anyone.

If this puzzle gets solved on court with high media activity, then judges could ask for such action, just as sign. I did not mean that people who had some png/jpg's should face some troubles. Pressure would be big.

Thanks for the response, Boki. I have a hard time figuring out what you say because of the translation, so often I do not respond for this reason. The way I read your post I do agree with most of your points.

As far as someone doing something simple like running a banner ad, I don't personally think that makes them bad in itself. When you have people like Korfax who have Paycoin on the Brain and just can't seem to stop pushing various schemes forward targeted at the Paycoiners at this late date, I feel that is over the line.  Some people who were involved deeply in the Paycoin Cult seem to forget about the extreme harassment and attacks on those who were exposing the fraud operation being run by Homero Joshua Garza. I can assure each and every one of these delusional Paycoin Cult pricks that I am NEVER going to forget having scumbags like Hellsgremiln threaten and/or harass me. I tried to search for the post where Hellsgremlin said sic "I would have no problem taking a pistol and shooting you in the face", but I can't find it. I know he scrubbed most posts, but I thought I had quoted that. "You" being me, of course. I don't consider that a real death threat, but it is damned close. The freaks in the Paycoin Cult all thought this was very funny and gave Hellsgremlin some pats on the back. If Korfax or any of the other hardcore Paycoin Cultists wants to continue promoting shady shit associated with these very same people who ran the Paycoin Cult I am going to do my best to expose what is going on.

It's not that much a question of an target group, it's more about intentions. If you want to sell ice cream, nothing illegal. In this case it looks like hyping and you are correct, it's about hyping the weak one, children.

If some judges decide to hammer at these nuts, then even people here, which did not have anything to do except making promotion for GAW in their signatures etc...., could face some troubles. From this point of view they were helping fraud, stupidness does not save us from punishment, ignorance is no excuse, that's real life. Who placed GAW banners into their signatures and get any amount in any value for this, then they should have researched before.

Paul, I do not understand following: In statement of Korfax every mid intelligent person can see that he hypes because he is hyped. Garza was very clever in some points, like how to build up an pretty simple (keeping on your rules  ) minded community. You could see clever people who trapped into GAWtards leaving even before paycoin came. Remember? Even they were hyped, doing the same like Korfax, big mistake. Explanation is simple, they all believe that it will be something worth and keep on pretending "Lovely people, lovely forum", they only would wish it to be like it was, that's it. You will say paradox, I'll tell you, it's not. Why? Because you can see it in their psychology which speaks for itself. They keep same names, same logos, same forums, same system, same crooks as staff, .... . This is their dream, and many are just not strong enough to leave and this fact is something like to make someone addict to something. These people waste their time and money and most of them pretend to have children or to be 50 year old experienced crook who couldn't learn in 50 years that doxxing will make biggest damage to him.

Their customers are addicted to all this, they need a psychologist to talk, someone not from crypto. Maybe this would help some to find their way back to the earth, as they do not believe anyone else, only if you tell them that this will be great deal and on some point 1 XPY will be 10K worth. What do you think, how efficient would be to make therapy on forum with someone who has addiction problem? Probably you laugh now, it's impossible.

I understand and really love your posts, you are an exposer of some bad people, you are like news agencies.

CCN and other blogs, they are not that much interested in some stories they were involved, for mainstream these news was not that interesting, for community => nobody wants to make Ganza more popular. But now it is and getting even more after Allen makes public statements about current state of the suit, meaning that most GAW staff is not involved in fraud and he went step ahead in saying how good Joe Mordica is and how much he helped these people. This is question of morale!!! If there wouldn't be Joe, these people might not have lost their money. Sadly, ethics is not biggest strenght of cryptocommunity, especially not of people involved in GAW, they created amazing financial damage to the victims, doxxing and threats to more than 1 member, .... . This list is so huge that this lawsuit would need years to go through whole evidence .... . This is the biggest ripoff in crypto, these guys created bigger damage than MtGox, especially to reputation of crypto as the most who entered were pretty green. GAW and everything what followed is shame for everyone who spell crypto. This can't run more this way, now is deadend!

Still no answers to these questions about Bitlend:

Is this the correct and complete lineup of the principals involved with Bitlend?

D. Allen Shinners
Joe Mordica
Adam Matlack
Michael J. Koerner Edit to add: Michael claims to not be paid for promoting Bitlend.io. see post below
Jason Sponaugle
Richard Nelson
Eric Kraus

ALL of these people were/are deeply involved in either the GAW and/or Paycoin schemes in a variety of ways. ALL of them.

Since the pack of really standup guys running Bitlend refuse to answer even the most basic of questions about the Bitlend operation, I have sifted through the various statements made by the admitted principals- some of which have since been removed or edited, to try to ascertain the complete ownership of this completely legitimate and trustworthy lending institution. Please respond and verify that these people are all involved in Bitlend, and also please indicate any others, including paid shills and such.

While you are at it, can you please answer the question about the supposed Dubai business incorporation for Bitlend? Is it a UAE/Dubai registered business or not? Why on earth are you refusing to answer even the most basic questions about Bitlend? If the UAE/Dubai registration is legitimate and not a flat out lie, then who are the UAE national(s) who have the 51% minimum ownership of Bitlend that is required for that to be legitimate? Your (dis)information campaign started out by stating that you, Jason Sponaugle, and Dick Nelson were the owners, and then you changed that to "Oh gosh it is actually 6 people and myself", and now this. Please explain EXACTLY who is involved in this operation so that potential investors and customers can make an informed decision about whether they should use the Bitlend.io service.
Quite a pickle you are in here Allen. Can you or any of those involved in Bitlend.io please explain why everything about this operation is actually the opposite of what the facts and common sense say it is? PLEASE.

This question goes out to everyone, but the Bitlend Operation Team in particular, of course: Assuming the Dubai registration is valid, and at this time that is a big if, Bitlend appears to be perhaps barely in compliance with various anti-fraud and anti-predatory lending laws of the United States of America and it's constituent States , skirting regulation of some due to operating with Bitcoin instead of USD, and perhaps also by "registering" (maybe) the Bitlend operation in Dubai. To my knowledge ALL of the principals in Bitlend are United States Citizens who currently reside in the United States. If all of Bitlend's acting principals are residing in and performing the functions of this "company" (no proof of actual legal incorporation has been provided yet) within the United States of America, are they then not required to adhere to US laws?

Another thing occurred to me recently, which I am unsure about. Bitlend appears to be operating in a "legal gray area" due to the loans being made in BTC. (What about WY and NY??) However, the ultimate liability of the borrower and protection for the lender rests in collection agencies. These collection agencies will seek remedy not in BTC, but in United States Dollars. If the ultimate liability of these loans rests in USD, does that make Bitlend subject to the financial, anti-fraud, and anti-predatory lending laws (especially CO's APLLs) that they are trying to skirt? This is a very serious question that needs to be addressed. Bitlend? Are you going to answer? Any legal or financial professional's here on BCT care to give their opinion on this?

Edit to add: Michael claims to not be an actual member of the Bitlend.io team and promotes it day and night on his own dime. How about you, Korfax , aka Michael J. Koerner ? Since an exact list of who does what in the Bitlend operation is being refused by those involved, I am going to surmise that you must be the CFO of Bitlend,(Edit to add: Michael claims to not be a part of the Bitlend team, he simply promotes it. He is however a financial professional and therefore might know the answer to the questions about Bitlend, which he does promote (for free) so surely you must know the answers to the legality questions. If not, then perhaps you could ask these associates of yours. Have you Emailed these people invites to Bitlend yet?



These guys running the Annex Wealth Management Team look pretty sharp, except for maybe one or two. I bet they will know whether this latest scheme you are involved in is legal or not. I think you should ask them. What exactly is your job there, Michael? Are you the official adviser on how to file for Bankruptcy to shaft lenders out of their money that they loaned you? I guess you can show them how when you have your first Bankruptcy filing get rejected because you "Have ample funds to pay your creditors" and  are not actually Bankrupt, how to lose three jobs in a few months  and file again, if they are really determined to not pay their legal debts.



Michael J. Koerner , aka " Korfax " is now "President elect" of the Financial Planning Association of Southern Wisconsin

Is this a fucking JOKE? A Bankrupt Paycoiner who spends all his free time promoting and engaging in a variety of shady and outright fraudulent operations like GAW / Paycoin and is now involved in *promoting Bitlend on the intertoobz is going to be the PRESIDENT of the Financial Planning Association of Southern Wisconsin? WOW. Are they aware of your Bankruptcy? Are they aware that you spend your free time shamelessly and tirelessly promoting fraud schemes like GAW / Paycoin? Are they aware that the specific targets of some of your shilling were CHILDREN? I bet none of these financial professionals would be amused to know what kind of scuzzy shit you are going to associate them with.



 It is quite possible that the targeting of children (MANY were scammed by this GAW / Paycoin fraud operation you tirelessly promoted) in this way is illegal, I bet someone else would know for sure. Maybe even one of your associates. Perhaps you should ask them. IF it isn't illegal, it is certainly morally reprehensible and downright disgusting behavior. If this is the bed you want to make and think what you are doing is a big fat joke and nobody will call you out on it and make you sleep in it, think again. Listing all of the over the top disgusting trash you spew in your shilling of various schemes on the toobz would take days or weeks, so I will cut this post off here for today.

Expect this list of valid and basic questions about Bitlend to grow and be asked repeatedly until they are answered. If anyone is aware of any information that I have missed or an incorrect conclusion I have made about the above, please post here with any information you have. Have a Nice Day!

P.S: With the recently released but heavily redacted testimony of Coinfire's Mike Johnson to the FBI about the vicious attacks and harassment at the hands of the Paycoiner Cult directed by Homero Joshua Garza, it is looking like that might actually develop into a Murder for Hire trial. If and when that happens, it is likely that ALL scumbags who were paid by Josh Garza to shill and worse for him in support of his fraud operation will at minimum be listed during such a trial. The clock is ticking away on the period in which anyone on that list can come clean before then. Food for thought.

Yeah, something like this, I have to whine , Paul forbid me to post such nice pictures in this thread , he forgot where he is  , but I respect his wishes. But you should watch best promotion video regarding Paycoin's history, Dr. Dick and what/how they do it (Some are unsure of who Mr. Dick is, Ganza or Alien??). You have also some direct interviews with Dr. Dick where he explains who he is and how he works. I think you need to watch it to the end and some other videos that I posted too, there is huge connection. I am sure you'll understand double meanings

Why?  Did Jessica have to pawn her first job?  Or did she sell them at the GTFO Moving Sale?

3 Boobs.....GTT...

How could you miss it??? Allen the bad stated the most of them are innocent and as we can see there is no money, not enough? Who needs a court or an stupid judge to decide who is guilty or not, especially if there is FBI and good friends like Joe, even John Doe would be better friend. I think you have also missed that Allen himself is a judge and they found a guilty one , it's me, so SuperLawyerMegaJudgeDred Dr. Dick Allen stated that I am Ganza, case finished.

Are there any questions or can Allen the bad close this case now and go for a beer with JG, his wife and maybe her new tits that she will buy with the money these couples got by this lawsuit.

I don't see anything new there. Did Allen scrub it already? Or am I missing it somehow?

"Lawsuit?"

What "Lawsuit?"

Allen never said "Lawsuit," he said "GAWsuit!"

http://gawsuit.com/news-updates/

I decided to look for the posts where Jason was whining about not getting any attention like the rest of the scumbags on Team Paycoin and the Paycoin Foundation were getting. Turns out it was on April 13. This time period (April 11-13) saw a lot of things happening all at once.


How am I doing, Jason? Are you feeling famous yet?

I made this post on April 11:

https://bitcointalksearch.org/topic/m.11049268

OK, it's about Dick Tator on Mineral who was burning up that forum and pissing off all the Paycoiners.   If you read from that point forward to the 13th you see the following happen or come to light:

~ Homero announces in an obvious (to me) and over the top staged irc chat involving three people (Adam, Sciborg (Jeff?) and Josh), that mysteriously got released for some odd reason by one of them(FAKE leak), that "Paycoins and Prime Controllers were stolen by Paycoin Foundation (Adam Matlack & Co) the FBI and/or SEC is now "managing the GAW Prime Controllers and XPY".  Homero is obviously engaging in subterfuge and make everyone think that he and Adam are now arch enemies. I of course did not buy that bullshit one stinking bit, and I warned XPY bagholders that  the "hack" / split up of the GAW Gang was simply a ruse and that a huge dump was incoming.:


Nailed those points, and now it is apparent that the deception list really did go on and on. Much deeper than I suspected with the obvious attempt at confusing people by splitting up the GAW Gang after the heist and pointing fingers at each other to create doubt about who the crooks were.
~ "Honest" Adam Matlack- Josh's BFF, Jason Sponaugle , Dr. Twat, and the Hillbilly put on a shitshow.


~ I followed the "hacked" Paycoins from the first "hack" (~March 3) of Team Paycoin back to known wallets controlled by Garza/GAW since day 1, and shitloads more to exchanges.
~ The Paycoin Foundation "hack" happened.
~ The Garza's have a GTFO of town sale. "GoneToTexas" was chalked on the door.
~ The BadBitcoin lead attack on Mike Johnson was in full swing.

~ Threats and real attacks by the Paycoin Gang were in full swing. Threats were tossed around by psycho creeps in the Paycoin Cult everywhere (Hashtalkers Hells Gremlin, Stefania, etc.), and Coinfire's Mike Johnson had just received the dead rabbits in the mail, and was being stalked and hardcore harassed- perhaps even the target of a murder for hire plot.
~ Paycoiners were giving Josh tips on how to better commit fraud so he and the Gang can rip them off more.
~ Hardcore Paycoiner chump ColdCoiner launched a true masterpiece app for Paycoin. Josh tried to hype it, but even the Paycoiners would not buy that bullshit.
~ The anal dildo pics were making the rounds- warning NSFW!


~ And of course what now appears to be the biggest thing that happened in that short time frame. D. Allen Shinners announced the GAWsuit here on BCT with his one and only post on this forum on April 12. If you want to believe it is a coincidence that this was announced the day after the announcement of the fake split up of the GAW Gang, go right ahead.


How is that "lawsuit" going, Allen? So far you have gotten 475+ GAW fraud victims to sign away their rights to sue, Gone into business with the star witness and several others involved in the Paycoin scam, thus likely invalidating testimony from star witness Honest Joe Mordica,  set up the suit in Texas, the deadbeat state where no one will ever collect a nickel, and nothing else 6 months later. Nothing fishy there at all.

There are way more events in that 3 day period, but I have some things to do right now, so I am going to cut this post off here. Have a read of those days and see what I mean. Epic.



 

LOL what a loser. Anyone who wants to be a forum  celebrity is a loser. I post here to learn about Bitcoin and earn some extra money. Aside from making a profit, I don't spend a lot of time on internet forums.