Topic: [Re-loaned again]Request 3 BTC Loan - Repay 4 BTC in 7~10 days (Read 2160 times)

Yes, his golden eggs are very valuable, so valuable, he had the great need to share it with us!

See my golden eggs topic.
We will earn your losses back in no time.

Yes you did.

Things are more and more looking this way. Hopefully others will learn from my mistake.

He didn't ask me for a bigger loan each time, just requested to extend the loan and paid the interest. Communication timeline looks a little something like this:

• 12th of november: said things were looking good and that he was planning to repay
• 14th of november: I reminded him that payment was due, but got no response
• 16th of november: I got in touch again, and he replied that the change in exchange rate had caught him by surprise. Also said he had money on 145fanp1ewBQB5syTU4LoXdSn8EBPqUSVG, but that it was not available to him then and there. He asked for 2 weeks to get things sorted, since he was sure that the price of Bitcoin would not continue to go up, even though I warned him that this was a very real possibility
• 28th of november: money transferred out of 145fanp1ewBQB5syTU4LoXdSn8EBPqUSVG, but not to me. For the record, I have no reason to believe these were in fact his funds.

A couple of days later he stopped appearing on Skype, probably because he blocked me. He has been on the bitcointalk forums since then, so I know he has been getting my PM's.

The reason I gave the loan is because it was my understanding that he had come across an arbitrage opportunity. I don't have collateral, and gave the loan based on the fact that I figured scamming me wouldn't be worth the loss in reputation.

The information I have about him is mostly based on his activity on this forum and from our communication on Skype. He uses 17Jjhm5rAWxM19cYm2ibpucWQpy6XfzpNi and 1CQHrpfRMRoLXHXnyiWqAVQEUqJqTWS6MU as his main addresses, and he has had funds to pay at least part of the loan since it expired, but chosen not to do so. I intend to send a 1 satoshi payment to these addresses with a link to this post if I see Bitcoin being transferred out of them without me receiving partial payment first.

His Skype name is eg.morph, and his birthday is 13. july 1994 according to his Skype profile. He also goes by the name elbashadodo and has been active on http://exchangemoneyforum.com/member.php/84980-elbashadodo. There are a couple of people on Facebook that go by the name Dodo Elbashado, but none that I can positively identify. He claimed to be studying Engineering in Cairo, so if a future employer googles him, hopefully this will show up.


Since there has been no communication for over two weeks, I think this is only fair. I would also be interested to hear what actually happened to the money and what went wrong. My only realistic option for getting my Bitcoin back is for him to decide to do the right thing. I am down 1 BTC compared to when I gave the initial loan since he paid interest during the first two weeks, but he still owes me 4 BTC in total. A payment of at least 1 BTC will make me break even, and will change my opinion of him from outright thief to unlucky arbitrator.

I told you so.
I guess he was just going for the ol' trust building scam then.
Bigger BTC amounts every time.  Are you saying he did not respond to you in 10 days straight?
Lol, will scammer tag soon, the least you could do OP is post here with a great excuse why you didn't pay back yet.

Quick update:

Loan of 3 BTC was given for a week, and 1 BTC interest paid on time.

Loan was extended for a week, and 1 BTC interest was paid on time.

Loan was extended for a month. Did not want to pay when payment was due because value of BTC had gone up, but promised to pay within 10 days. Over 10 days have passed with no communication.

No need for "I told you so" posts, but if anyone has anything useful to contribute, feel free.

confirmed

Loan extended for another 3 BTC with repayment 4 BTC after 1 month from now.

Payment 1 BTC
Paid to : 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu
Paid From : 1MQvy15tkatnKw9eTbU5bVP2Xv1y5Fevpw
Hash : https://blockchain.info/tx/a6e242da01c5aa8e81c0cbab55dcfe2c5ff77f7789bd793e80ca0ccf9b4b861d

Re-Loaned : 3 BTC
Payment : 4 BTC
Payment Date :  Before the 14th of november
Repay to : 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu
Address : 1MQvy15tkatnKw9eTbU5bVP2Xv1y5Fevpw
Message : I owe 4 btc payment to 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu to be payed no later then 14th of november 2013
Signature : GwevngQtZxRHuKS2HXk8VN1BNviTHMHTONsgx5uqz5Kcytf+mY1HvjSNAzhgD+5c73y2L+kWlC124q8I/dTpFes=

Confirm please.

The guy is currently in-active for 1 or 2 more days he said.
I am waiting for him to skype me so we make the deal.
His bitcoins are ready to be sent.

AKA Ponzi.

Next day is gone. Guess you agreed on a "long-term profit" system.

Bumping I will be either paying the loaner in the next day or we will set a long-term profit system as he was happy with the profit he was making from me.

I will post all the info here and if we are doing a long-term profit I will post the details here or in a new thread.

I confirm

Loaner has accepted to get the 1 BTC winning and to reloan me 3 BTC for another 7~10 days.

Payment 1 BTC
Paid to : 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu
Paid From : 1MQvy15tkatnKw9eTbU5bVP2Xv1y5Fevpw
Hash : https://blockchain.info/tx/f2f52005063f9f488f180abaa74eae5ae673206fa78ef80597abafbc6e99206a

Re-Loaned : 3 BTC
Payment : 4 BTC
Payment Date : 9th~12th of october
Repay to : 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu
Address : 1MQvy15tkatnKw9eTbU5bVP2Xv1y5Fevpw
Message : 3 BTC borrowed from espen, 4 BTC will be payed back within october 9th~12th 2013
Signature : HCCH1+ChiJnWwLZLAxQyF5PZ1nIoGTU4bYXPSw8nfHkChbwXUs98a4nHh14mXZ4ivdbhO3ERa9aeBUh9T0g8r4I=

Waiting for him to confirm it.

Prove your "lawyer friend" exists then, scammer.  

Thanks for replying and I will do my best to repay you before the time we agreed on

I am that guy. I initially wanted to remain anonymous because I was wearing my tinfoil hat, but I guess it's not really that big a deal.

Signed from 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu: H1qy8QpJh97OXIiAV6a1h9uwD6c8fSK6KPZ+5tFrsqTviNQ6WnevDswI4AIQEfKc0MsiZFR1ZHz8bCpGNMKwZaQ=

Will update once repayed.

After he confirmed I own those addresses with a signed messages we had a deal.

Received: 3 BTC
Hash: https://blockchain.info/tx/b2fab5029be319d6db0ac7744432d08e81fde6b614e2bd7ff6a1f75eb23d62fb
Repaying on: 2nd of October
Repay amount: 4 BTC
Repay to: 1BMx9C43KvgdkS8uS8Rxry1vZYxatux4wu

The guy doesn't want to talk on bitcointalk to keep his name out of this trade and the addresses.
We have made our deal through skype and I can send proofs to a trusted member so he can make sure of this loan (As long as he won't mention the guy's name).

Thanks to that guy and hopefully I might repay before the scheduled time.

We are not done yet,we just made it I will post everything don't worry bro

Post the transaction IDs to help build your rep. 

Some business going yah and I appreciate your offer but someone already gonna offer me.
We are talking on skype and when we are done he will post here