Topic: Nexxus Rewards - SCAM - Fake team member (Read 890 times)

1. I already provided this link in a previous post.
https://www.youtube.com/watch?v=T-mhEI2BF24&feature=youtu.be

Without even going into other further details - lets just say just based on the recording alone we already disagree with your assessment of Dr Baloch Asif.

2.  GCR lost funds and value due to an internal theft. Was being investigated by the SEC. GCR resulted in a substantial loss by investors.

3. Shabang resulted in a substantial loss by investors.* (Not unusual for .com companies when the bubble burst)

Your explanations are here to give a reader the ability to judge for themselves.

So retract your claim towards the IEO offering a guaranteed 500% ROI.

It is a fraudulent claim and you are breaking the law. As you've just posted yourself to publicly acknowledge that it is 'never guaranteed', you have objectively demonstrated you are fully aware of the fact of the matter, namely, that your guarantee is no guarantee at all.

You are knowingly breaking the law if you do not retract that claim, Bob.

For all interested parties regarding the Nexxus Rewards Buy-Back option:

Nexxus Rewards guarantees that they will buy-back your IEO purchased Nexxus Tokens for $1.00 when Nexxus shoppers purchase products or services from Nexxus merchants.

With every shopping transaction, the shopper earns a percentage of the sale in Nexxus Tokens that are purchased from the public exchange with the merchant's money from a percentage of the sale.

Nexxus merchants gladly pay the money to purchase Nexxus Tokens from the public exchange for a solution to get and keep new customers.

Nexxus Token holders with buy-back options are approached first, in the order they purchased, to sell all or part of their tokens to Nexxus Rewards for $1.00.  

Of course, there lies the remote possibility that no shopping transactions ever happen. All of the Nexxus Rewards software and systems are already production-ready for revenue generation. 18 months of market testing have been completed. The executive team is assembled and operating.  The funds raised from the ProBit IEO are for rolling out the Nexxus Rewards solution.  The probability of generating sufficient shopping transactions to satisfy the buy-back options is very high, although never guaranteed.

Sure Cryptodevil, we can relabel it an "Opportunity" instead and you will still call it a scam.

The issue here is the claim that Nexxus Rewards team has a fake profile. We've proven that to be inaccurate but you persist?

You are insatiable but hopefully, other readers will be reasonable...

-- Bob Wood 

A 'plan to generate' revenue is not in any way shape or form a 'guarantee' that you will generate the needed revenue.

So your 500% ROI 'guarantee' is worthless and, more than that, it is intentionally misleading and fraudulent.

Remove your fraudulent claim of an ROI guarantee, Bob, you're breaking the law and you know full well you are.

Thanks, guys, you have proven my point.  You obviously are not looking for the truth but for any dirt you can imagine.

So around we go again...

cryptodevil
1. If you have read "The Nuts & Bolts of Nexxus Token Utility" at: https://medium.com/@NexxusRewards/the-nuts-bolts-of-nexxus-token-utility-4d88d14ed28  you would see that there is nothing fraudulent in the real numbers.  We can guarantee buying the tokens at $1.00. Of course, it is based on merchant revenue that we have a solid plan to generate.  That is common sense, not a scam. Any guarantee is as good as the company offering it. If a company cannot sustain its business for lack of revenue that does not make it a scam.  Of course, we have assembled an experienced team to minimize this possibility.  That's business... not a scam.

2. I have never built or promoted a scam.  GCR was eventually shady, I was a hired contractor to build their sales management system. And I was later hired by the owners to correct the questionable practices of the company.
 
If you have sincere questions about our business model please ask me before making uninformed assertions.


stompix
1. Get Real! "a team full of scammers"? a completely irresponsible statement.  Please back up your statements with verifiable proof rather than your uninformed opinion. Our executive team members are highly experienced corporate executives, not crypto kids and not MLMers, but have successfully built multi-million-dollar companies.

2. The crypto developer's "Security Credentials" are his rightfully acquired login and password to do his job.

3. I know our national sales director and have verified his resume, and I have met with him face-to-face many times working on Nexxus Rewards.

4. Now you are criticizing my writing grammar?  Are you serious?  How does that make Nexxus a scam?


Reasonable people reading this will see the unprofessionalism by the rogue critics here. All I can do is provide the real facts of the situation.


Nexxus Rewards is probably one of the best crypto projects that shows the industry how crypto can be done right. Nexxus Rewards has real utility that can deliver real profits.   

Nexxus Rewards provides real value to merchants that need, want, and are willing to pay for a solution to get and keep new customers.

Nexxus Rewards has been developing its software and systems and doing market testing for 3 years. 

Everything is production-ready for revenue generation.  Nexxus Rewards is way beyond the typical napkin-idea crypto project that hasn't figured out how to monetize its concept.

Nexxus Rewards has a solution to take crypto from the techie domain to the mainstream public.


As always, I welcome any sincere questions about the Nexxus Rewards business model.

-- Bob Wood

Exactly! It has nothing to do!
The main problem is that the actual real team is full of scammers!
Seriously, how can you have the nerve to come here and still defend this?

And for god's sake, when you try to defend yourself, use logic!!!
For example here:


So, the theft happened because you hired a guy that came with "real credentials" and happened to be a crook.
Not that I believe your story, but following your own actions, what do you do now with this project....you hire a guy you have never seen face to face and doesn't even have a picture!!!!

Do you understand how plain stupid it sounds?

Next:


Are you serious?
Better hire somebody to write your text as you did with the whitepaper...


Hmm...
xtraelv and cryptodevil are doing a good job at digging though your "company" so I'm not going to pursue this any longer but..



checking the links.....lol

No, you have not, Bob. You're attempting to con members of the public into buying your NXR token under the 'guarantee' that they will make a minimum of a 500% ROI and yet that 'guarantee' is entirely predicated on sufficient merchant revenue being generated to buy back those tokens.

This is not 'guaranteed' in any way whatsoever.

Your IEO is based on a fraudulent claim and you are in violation of securities law, ergo, a scam.


We are, by alerting the community to your shady MLM/pyramid connections and your fraudulent 500% ROI 'guarantee'.

You're welcome.

These questions have nothing to do with the inaccurate issue raised by tvplus006 claiming that Nexxus Rewards is a scam because they have a fake team member.  We have proven that Nexxus Rewards is not a scam and that the team member in question is not fake but is a real legitimate qualified person that was temporarily using another person's picture.  We wrongfully used a temporary picture of someone else but that is not a scam and he is not a fake team member.

After we proved that we are not a scam and that our national sales director is not a fake team member, then the issue should have been dropped and corrected.  You were correct to be suspicious because of our mistake, but you should have done your due diligence and researched further before damaging a very good cryptocurrency project that has real utility and delivers real value that merchants need, want and are willing to pay for.

Apparently there are a handful of people here on BitCoinTalk that are not satisfied with all the proof that we have provided, but are on a witch hunt. These individuals may never be satisfied with reasonableness, common sense, and doing the right thing, but for the many readers that may review this post, I'm providing the facts for reasonable people.

Regarding the GCR Coin Theft:
1. Dr. Baloch Asif did a good job for us helping us secure our network.  He had nothing to do with the theft.
2. The theft was done by a cryptocurrency developer from Boston that I hired. He had all the security credentials to do his job, which he abused and created a backdoor unknown by us to siphon off the GCR coins in relatively small amounts over time. He sold the coins on Bittrex and crashed the price of the GCR coin.
3. An independent cryptocurrency developer reviewed the server logs with we to confirm beyond a shadow of a doubt that this individual from Boston did indeed steal over 80M GCR coins.
4. The authorities were contacted multiple times by me to report the theft.

Regarding Shabang.com:
1. Shabang did raise over $13M.
2. Shabang was valued at its peak at $200M when investors were purchasing the Shabang stock for $2 a share.  100M shares were issued for a calculated market cap of $200M.
3. Shabang was not an online book store but was a portal for merchants to sell any products online.  Shabang had hundreds of merchants including Zales Jewelry, Neiman Marcus, and Radio Shack.
4. Shabang was not unique in the dot com hay-day where most companies were unprofitable and spending money on customer acquisition while living off of investor's money.  When the dot com crash hit in March 2000, most dot com companies went out of business when the investor money dried up.

Now, enough with the witchhunt, please be responsible crypto advocates and do the right thing.

-- Bob Wood

Source: https://behindmlm.com/companies/global-currency-reserve/gcr-marketing-closed-as-sec-investigation-launched/

This is what my source said about "Dr" Asif Baloch in a conversation I had with them in 2017


Is that correct ?


EDIT:

On your website it states:


http://www.nexxusrewards.com/sections/company/21/ieo/index.html

When I looked for that company ( Details here ) I found that:

1) They raised between $13.5 million and $15 million depending on source.

2) They were valued at the peak of the bubble (according to the article) at $50 million to raise $10 million - which was unsuccessful

3) They tried to raise $2 million for 20% stake (i.e. $10 million valuation) - which was unsuccessful

4) They were spending $450 000 per month ( $5.4 million / year)

5) I found archives of the website. It has 3 books listed in categories like "Best seller Hardcover Non-fiction books".

(Ebay has 12 million non fiction books listed)


So during their short existence it appear they managed to go through $13.5 to $15 million of investment @ $5.4 million a year ?

So to me it appears that it was not particularly profitable.

So please explain how you came to the value of $200 million ?

Here are the answers to your questions if you are sincerely inquiring...

1. Dr Baloch Asif was hired by us as a security consultant and was probably also a consultant to SAR Coin. He provided security consulting for us and did a good job. 

2. Nexxus Rewards buys Nexxus Tokens for $1.00 from the public exchange.  Yes, we can guarantee a $1.00 price because it is being purchased with merchant's money that they gladly pay us for helping them get and keep new customers. The real numbers backing up all this are detailed at https://medium.com/@NexxusRewards/the-nuts-bolts-of-nexxus-token-utility-4d88d14ed28

3. I did not own or found GCR.  I was a hired consultant to build their sales management system. After the founder was ousted by the other owners, they asked me to try to fix the company, which I attempted to turn the company around unsuccessfully for various reasons.   When GCR shutdown, I started a new company Nexxus with a completely different business model than GCR to further my belief in the mission of cryptocurrency. 

Please ask any sincere questions if you really want to know the truth before making acquisations.

-- Bob Wood
-- CEO & Founder of Nexus Rewards.

^^^  and there we have it.

Bobby boy is a shameless MLM scammer no different to those LEOcoin 'Learn Earn Own' scumbags like Dan Gunnar Andersson.


Explains everything.

https://behindmlm.com/companies/global-currency-reserve/nexxus-university-making-a-push-into-norway/

https://behindmlm.com/mlm-reviews/nexxus-university-review-a-certified-cryptocurrency-course/



https://behindmlm.com/companies/global-currency-reserve/gcr-marketing-closed-as-sec-investigation-launched/

https://behindmlm.com/companies/global-currency-reserve/global-currency-reserve-abandon-gcr-coin/





Found your alt account.

https://bitcointalksearch.org/topic/ann-gcr-global-currency-reserve-1157341

https://web.archive.org/web/20171011131851/https://bitcointalksearch.org/topic/ann-gcr-global-currency-reserve-1157341

Ok, even if we ignore the questions over the profile pics, how to you defend having Asif Baloch on your team?

No, what you've provided is a video of you illegally offering a security with a claimed profit guarantee that you cannot possibly deliver:

"we're offering the nexxustokens, NXR, for 20c a token, but we're also guaranteeing along with the tokens the purchasers receive a buyback option for $1 per token, so its a guaranteed 500% return on investment"

This absolutely makes your IEO/ICO a scam through fraudulent misrepresentation.

Hand-wavy nonsense about how "because we're not dependent on speculative trading, we create our own buyer demand" does not equate to a viable economic model, ergo, you're talking bollocks and trying to convince gullible members of the public to send you their money on the basis that you're going to 'guarantee' they'll make a profit...because something something something.

Your IEO is an attempt to scam the public and you are making fraudulent claims about a guaranteed profit you absolutely cannot back up with real numbers.

Everyone here is obviously good concerned crypto citizens that want to rid the world of crypto scammers.  That is a good thing. But you must be responsible with the power that you wield.  When you discover concerning issues, that should be a reason for further investigation.  It is irresponsible to immediately declare something a scam based on your initial preliminary concerns.

Concerning Joseph Prescia:
We have provided an explanation of exactly what happened with the wrong photo of Joe.  Detailed testimony has been provided by several members of our management team that our team is NOT fake. We have paid several thousands of dollars to an independent KYC auditing company to certify that we are real. I provided links above to the KYC certification documents.  I have provided a video of myself being interviewed by BTC TV. We have provided links to the management team's LinkedIn profiles. Joe is a real person that is currently working as a national sales director for another company while we raise the necessary operating funds.   

Concerning Steve Wilkinson:
Steven Wilkinson worked with me several years ago on another company. Steve and his wife went on a cruise together with me along with 30 salespeople from around the world. I know Steven personally.  He lives in Austin, TX.  I spoke with him this morning to notify him that someone named Christian Boyd is using his picture on twitter.  Steven is reporting it to Twitter.  You can see Steven's linkedIn profile at: https://www.linkedin.com/in/wilkinsonsteven/  The picture posted of Steven is absolutely Steven Wilkinson.

I understand that crypto scammers are everywhere.  But you must be responsible in your research. 

Nexxus Rewards is a great example of how cryptocurrency can be done right with real utility that delivers value to merchants that they need, want, and are willing to pay for.  We have been developing the software and systems for 3 years.  All software is production-ready and market tested.  We are not a fly-by-night scam company.

In your haste to prevent scammers you have damaged a legitimate company that is trying to take cryptocurrency to the mainstream public to empower them to take back control of the money and their financial systems.

I only ask now that you take responsibility and correct the situation, and be more careful in the future. 

-- Thank you from a fervent supporter and evangelist of the power, potential and virtues of cryptocurrency since early 2015.
-- Bob Wood, CEO & Founder of Nexxus Rewards




 

https://web.archive.org/web/20190913182328/http://www.nexxusrewards.com/sections/company/21/rewards/index.html

Oh look what is says at the bottom of the website:







Dr Asif Baloch AKA Baloch Asif AKA "The Doctor"

Just a short bio:
Left Sarcoin after it was "hacked" a number of times. (Was in charge of Network security)
Left Signatum after the webwallet was "hacked" and the wallet had a virus. (Was core developer)
Admitted ddossing burstcoin https://www.youtube.com/watch?v=T-mhEI2BF24&feature=youtu.be

https://bitcointalksearch.org/topic/m.22099683
https://bitcointalksearch.org/topic/m.23361140



Fake  ? compliance officer Steven Wilkinson

http://www.nexxuspartners.com/sections/company/21/partners/leadership.html
Archived today: http://archive.fo/mEWha and http://archive.fo/Adxqb

My original post was in 2017. They are still listed there in 2019.

For the next bit I'll let the pictures tell the story:



http://www.nexxusrewards.com/sections/company/21/ieo/index.html





https://web.archive.org/web/*/www.shabang.com



https://www.bizjournals.com/dallas/stories/1998/09/14/story4.html



https://vicenteluz2323.nexxusuniversity.com/Sections/Company/17/Home/gcr-about-us-gcr-leadership-bob-wood.html





https://www.bizjournals.com/dallas/stories/2000/07/03/story5.html



https://www.inforuptcy.com/filings/txnbke_10012-3-00-bk-36772-shabang-inc



I've never been that great at ICO maths. Maybe someone can help me with this. How much did the investors make ?

$200 million
$50 million
$10 million
-$13.5 million
-$15 million ? ? ?

You accuse me of publishing an untruthful post and ask me to remove it. I gave all the evidence that you had a fake member on your team. The fact that you deleted it is not the reason for the removal of this post.

Good find, flag supported.

GTFO, you've already been widely exposed as a scam by Xtraelv way back in 2017:




Flag raised against Bobnexxus for being a shameless scammer can be supported here.

The Nexxus Rewards company and Executive Management Team were certified by an independent auditing company, IGT Company.

http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-Robert-Allen-Wood.pdf
http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-William-Terry-Howell.pdf
http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-Richard-LeBlanc.pdf

Here is a video of myself being interviewed by BTC TV.
https://link.medium.com/BFGeRMPdQ0

tvplus006, You have heard from several of our management team members including myself. We have provided proof and have been audited and certified to be real.  Will you please do the responsible thing and remove this wrongfully accused post that the Nexxus Rewards Management team is fake? You are negatively impacting a positive and legitimate project in our industry.   

-- Thanks
-- Bob Wood

Well, what do you know....
We also tagged your scam project because we know your excuses are a bunch of lies.
Does it sound fair? Yes, it does.


And yet here you are ...trying to sell tokens worth 2 mil$ worth to...help others.
Why don't you take a mortgage for it? With your history, reputation and credit score any bank would lend you that in a matter of seconds.

Anyhow, you have bigger problems: