Do you have an address for him? I can see what other info I can dig up about him.
Topic: Would like to respond to a topic about Leasebit.com - page 2. (Read 8576 times)
Sorry to hear about his scam.
Do you have an address for him? I can see what other info I can dig up about him.
Do you have an address for him? I can see what other info I can dig up about him.
January nears closer with each passing day...
"Rowan Salter" really needs to understand that if this is a scam, he's going to be charged criminally and not just taken to court civilly. I am personal friends with the General Counsel of one of the largest states, and my family is friends with the Attorney General of that state as well as its neighbor. My father is also good friends with the Governor of that state, and a good number of the Senators and Congressman due to his business. He's the CEO and largest individual shareholder of a private company that if public would be around 150 on the Fortune 500 list. The bank "Rowan" deposited my check into just happens to supply the company with a credit line in excess of $1 billion dollars. He is a partner in one of the largest private equity groups, and certainly the one that is most politically connected. He has been involved in policy decisions in the Whitehouse, and he visits every few months. The law firm I would consult to get a civil suit going has successfully defended him against a $1 billion dollar lawsuit.
I'm not bragging or anything like that, and I'm sure throwing around numbers in the billion dollar range comes off as unbelievable, especially considering the number of internet bullshitters out there. At this point "Rowan" probably knows which customer I am from my past posts. He can look my family and I up, and see everything I've just said is true. I'm more than happy to verify all of those claims with concrete proof if anyone PMs me. I'm a grown man, and I have nothing to do with my parents financially, but I have full access to their resources and connections.
Since I know "Rowan" is monitoring this thread, I just want him to understand that I can have an immediate direct line of communication with the Attorney General of California and basically anyone else I would need to get in contact with. This isn't something that would drag along - the investigation would be started much quicker than I imagine is normal. If "Rowan" is scamming us, it would be very wise of him to shut his site down, and cut his losses. Each individual lease would be another count of mail fraud.
I'm not bragging or anything like that, and I'm sure throwing around numbers in the billion dollar range comes off as unbelievable, especially considering the number of internet bullshitters out there. At this point "Rowan" probably knows which customer I am from my past posts. He can look my family and I up, and see everything I've just said is true. I'm more than happy to verify all of those claims with concrete proof if anyone PMs me. I'm a grown man, and I have nothing to do with my parents financially, but I have full access to their resources and connections.
Since I know "Rowan" is monitoring this thread, I just want him to understand that I can have an immediate direct line of communication with the Attorney General of California and basically anyone else I would need to get in contact with. This isn't something that would drag along - the investigation would be started much quicker than I imagine is normal. If "Rowan" is scamming us, it would be very wise of him to shut his site down, and cut his losses. Each individual lease would be another count of mail fraud.
I also took the plunge before I found this thread. Rowan has been completely unresponsive to me. I would gladly join suit in legal action if he fails to deliver on the terms of the lease and his business promises.
If this winds up being a scam, it’s really a terrible one for the owner "Rowan Salter". I’m not saying it is a scam, because as of now there hasn’t been any proof of fraud. I’m still hoping it’s not, and I’m going to give him the benefit of the doubt for his own sake. It gets tough though when he posts in this thread pretending to be someone else (Aussieboy), and tries to vouch for himself. “Recognized as a modern Jules Verne He was signed by AIRBOOKS LLC in December of 2008 to write Depression 2015.” Airbooks LLC is his own company, which amazingly has the same address and mailbox number as Leasebit LLC. This address is a UPS store that receives his mail.
The business idea itself is sound. However, I had and still have little to no confidence that he has access to the ASIC chips he would need. He certainly doesn’t have access to the “Golden Nonce” chips that his website still claims he uses - but he has already admitted this after being called out by HashFast. He obviously hasn’t supplied anyone with pictures or any proof whatsoever that these miners exist.
I went into this knowing there was a high chance that it would be a scam. I researched the guy beforehand, and the only reason I went ahead with it is because I have significant financial, legal and political resources available to me, and because I enjoy destroying scammers (if he turns out to be one). If anyone is interested in that I can elaborate. Due to the information I found about him I absolutely would not have signed a lease if I didn’t have those resources. I will keep his information private for now, since there is no proof he's committed fraud against me yet.
Again, I have no proof yet of this being fraud, and this is not an accusation. However, if it does wind up being fraud and I don’t receive any bitcoins in the next two months, this guy is not going to have a bright future ahead of him. That’s not a joke, exaggeration or a threat; it’s just the truth. If this is a scam, the only way he could get away with it is if he lived overseas. He doesn’t. Not only would he be sued for the entire future value of my leases, I can guarantee he would be charged criminally. If it is a scam, he will have committed mail fraud, as well as other crimes. Mail fraud is a serious federal offense, which carries serious penalties and jail time.
If this is a scam, this guy it's nuts for thinking he can get away with it. Part of me hopes it is, because that's when the fun really begins.
The business idea itself is sound. However, I had and still have little to no confidence that he has access to the ASIC chips he would need. He certainly doesn’t have access to the “Golden Nonce” chips that his website still claims he uses - but he has already admitted this after being called out by HashFast. He obviously hasn’t supplied anyone with pictures or any proof whatsoever that these miners exist.
I went into this knowing there was a high chance that it would be a scam. I researched the guy beforehand, and the only reason I went ahead with it is because I have significant financial, legal and political resources available to me, and because I enjoy destroying scammers (if he turns out to be one). If anyone is interested in that I can elaborate. Due to the information I found about him I absolutely would not have signed a lease if I didn’t have those resources. I will keep his information private for now, since there is no proof he's committed fraud against me yet.
Again, I have no proof yet of this being fraud, and this is not an accusation. However, if it does wind up being fraud and I don’t receive any bitcoins in the next two months, this guy is not going to have a bright future ahead of him. That’s not a joke, exaggeration or a threat; it’s just the truth. If this is a scam, the only way he could get away with it is if he lived overseas. He doesn’t. Not only would he be sued for the entire future value of my leases, I can guarantee he would be charged criminally. If it is a scam, he will have committed mail fraud, as well as other crimes. Mail fraud is a serious federal offense, which carries serious penalties and jail time.
If this is a scam, this guy it's nuts for thinking he can get away with it. Part of me hopes it is, because that's when the fun really begins.
bbjc, I sent you my email address,
Thanks,
22Vision
Thanks,
22Vision
bbjc I am also in the same boat, only time will tell. I would be intrested in sharing information
also. I am about a week behind you in the contract process looking at late dec for possible payment
still yet to be seen!
Thanks for all the good info, if needed we can all team up and take this dude out (I hope we dont need to)
will see!
I am new to this forum but have been following for a while now.
PM me and we can exchange info.
Later,
22Vision
also. I am about a week behind you in the contract process looking at late dec for possible payment
still yet to be seen!
Thanks for all the good info, if needed we can all team up and take this dude out (I hope we dont need to)
will see!
I am new to this forum but have been following for a while now.
PM me and we can exchange info.
Later,
22Vision
Got it.
One more thing I forgot to mention, in my emails to Rowan, I also learned that the leases are sold to another company. He did not specify which one.
I sent you a PM. Are you able to receive them?
One more thing I forgot to mention, in my emails to Rowan, I also learned that the leases are sold to another company. He did not specify which one.
bbjc, Would you be interested in privately providing some of Rowan's information? I am also in the process and missed this thread post from the other topic.
Best Regards,
Best Regards,
Go grab screenshots of their current site because if they ditch the site you've lost quite a bit of evidence.
how can you be so sure? They can claim it hasnt mined but half the surety amount and you have no leg stand on to prove otherwise. Can you ask for a current status? I would love to jump in on this but as you tell i have my reservations about this being a scam.
Btw, i too would be more than happy to remove my post of our email exchange if this turns out to be legit. Unfortunately i do not have big pockets so would not see it feasible to pursue a lengthy and costly lawsuit.
Please keep us updated on your progress!good luck!
1 more thing: google street view does not show this location to be a likely candidate for a datacenter, whicj is exactly what would be needed to pull off a successful endeavor such as this. Not to say they dont have co-location elsewhere, just thought it worth mentioning.
I'm tracking the supposed hash rate and difficulty to see how many coins it should be mining per day. It was supposedly online as of 11/4, so the 5 miners together should have mined over 6 bitcoins per day (6.25THash/Day). Do I have any proof of any of this? No. All I do know is that I'll supposedly be getting bitcoins delivered to me on December 15th since it will absolutely hit the surety amount by then. If I don't receive them, I'll pay one more payment for the month of January. If I don't receive anything on January 15th, then I won't be making any more payments, since they broke the lease terms. I will then begin the process of taking legal action against them.Btw, i too would be more than happy to remove my post of our email exchange if this turns out to be legit. Unfortunately i do not have big pockets so would not see it feasible to pursue a lengthy and costly lawsuit.
Please keep us updated on your progress!good luck!
1 more thing: google street view does not show this location to be a likely candidate for a datacenter, whicj is exactly what would be needed to pull off a successful endeavor such as this. Not to say they dont have co-location elsewhere, just thought it worth mentioning.
Honestly, it's very likely that this is a scam. I had a lawyer look over the lease before I even signed it, and there are a few unenforceable provisions in it, specifically related to waivers and arbitration. At the minimum they are easily bypassed. He has also made public comments about aspects of his business that are not contained in the lease, and he would be held responsible for them . The real kicker is that this lease is supposedly between myself and "Leasebit, LLC". On the lease contract it states that "Leasebit, LLC" is a Delaware Limited Liability Company. There is no entity "Leasebit, LLC" registered in Delaware, California or any state for that matter. There is also no EIN registered. This actually makes any lawsuit easier because I can go after him directly. "Rowan Salter" uses a variety of different names to do business. My lawyers have already located a home address and are aware of a few of his different aliases.
I knew most of that information before I signed the paperwork.
We also know the bank the funds were deposited into, and are currently trying to figure out the account number. They are fairly sure the checks were deposited using one of those applications on your phone that allows you to take pictures of the check. They're also confident that there is no business account at that bank with the name "Leasebit, LLC", which makes sense since you can't open a business account without any documentation.
Whatever the outcome of all of this is, it's going to be an interesting ride. I've taken action against a few different companies for fraud, and won all of them. I'm still receiving money from one of the judgements. This would be much more cut and dry than any of those cases though, so I'll be making money even if this is a scam.
If i had one of his miners go online for me on 11/5 the suretly amount would have paid by 12/25. After that the income in $ would be $250 every 10 days and dwindling to $22 every 10 days by March. Your contractual payments to them would be more than your income mid-January, and you are on the hook for 5 years of payments. Nothing in that contract says when they will make upgrades and by how much. I fear you may find yourself on the end of a losing battle.
If you had one go online on 11/5 with 1.25THash/s, it would be producing 1.23 bitcoins per day. With the price of bitcoins right now at $440, it would take 20 days to pay off the $8940.00 at the current difficulty. It's been at this difficulty now for 12 days and will probably be 15 days total. You would have the surety paid off a month earlier than your calculations. Right? Am I making an incorrect calculation?
Also, they are required to upgrade the miner with at least 3 new chips every quarter. That actually benefits them because they're taking a 15% cut of the mined coins.
for someone who as written so many books and was a CIo you think they would provide better explanations instead of blatantly dodging direct and simple questions as well as provide a little better Customer Service.
I would like to know how his contract could be used against him. it makes no claim of performance. Just for giggles i made a spreadsheet to see how this would work out from their pov and mine given a 50% increase in difficulty every 10 days. I understand thats a large padding.
If i had one of his miners go online for me on 11/5 the suretly amount would have paid by 12/25. After that the income in $ would be $250 every 10 days and dwindling to $22 every 10 days by March. Your contractual payments to them would be more than your income mid-January, and you are on the hook for 5 years of payments. Nothing in that contract says when they will make upgrades and by how much. I fear you may find yourself on the end of a losing battle.
I would like to know how his contract could be used against him. it makes no claim of performance. Just for giggles i made a spreadsheet to see how this would work out from their pov and mine given a 50% increase in difficulty every 10 days. I understand thats a large padding.
If i had one of his miners go online for me on 11/5 the suretly amount would have paid by 12/25. After that the income in $ would be $250 every 10 days and dwindling to $22 every 10 days by March. Your contractual payments to them would be more than your income mid-January, and you are on the hook for 5 years of payments. Nothing in that contract says when they will make upgrades and by how much. I fear you may find yourself on the end of a losing battle.
I told the guy in an email that I lived close by and I'd like to see the data center. I never received a reply. On his web site the miners are a cheesy artist rendering theirs no pictures of the miners, no video or proof of a data center. I even gave him my number he never called. I smell something fishy! It's surprising anyone would have sent him a penny! I wouldn't be surprised in a month or two his site disappears along with the deposits!
how can you be so sure? They can claim it hasnt mined but half the surety amount and you have no leg stand on to prove otherwise. Can you ask for a current status? I would love to jump in on this but as you tell i have my reservations about this being a scam.
Btw, i too would be more than happy to remove my post of our email exchange if this turns out to be legit. Unfortunately i do not have big pockets so would not see it feasible to pursue a lengthy and costly lawsuit.
Please keep us updated on your progress!good luck!
1 more thing: google street view does not show this location to be a likely candidate for a datacenter, whicj is exactly what would be needed to pull off a successful endeavor such as this. Not to say they dont have co-location elsewhere, just thought it worth mentioning.
Btw, i too would be more than happy to remove my post of our email exchange if this turns out to be legit. Unfortunately i do not have big pockets so would not see it feasible to pursue a lengthy and costly lawsuit.
Please keep us updated on your progress!good luck!
1 more thing: google street view does not show this location to be a likely candidate for a datacenter, whicj is exactly what would be needed to pull off a successful endeavor such as this. Not to say they dont have co-location elsewhere, just thought it worth mentioning.
I was mistaken about one thing. They actually did deposit my money. I'm not sure how I missed that, but they deposited my checks on 10/21. I actually feel better knowing they did. At current prices, the "surety" payment will be paid within a week. I should (hopefully) receive my first payment on December 15th for around 90 bitcoins. We shall see.
BUYER BEWARE!!!!
I will post my email thread with my interaction with him...DO NOT purchase something they cannot even tell you what they have, nor show LEGIT pictures on their website. They CAN NOT prove the miner's operational status to you, not even through a weekly report via email. Any startup should at least be able to grab you output from the logs and email to their customers!
EMAIL THREAD:
--------------------------------------------------------------------------------------------------------------------------------------------------
It isnt the first payment or even the second and third payments that cause stress, it's the remaining 50 plus payments I'm legally obligated to pay by signing the contract.
Your website clearly states the machines "use 3 Golden Nonce ASICs". The Golden Nonces are manufactured by HashFast. Why arent you disclosing the hardware you guys use?
Bitcoin IS new and risky and one reason it is so risky is because of startup companies taking clients money and never delivering. You are doing very little to prove to your new customers you guys have what it takes to run a successful business. I wish you luck and hopefully I will start seeing positive reviews about bitlease.com in the bitcoin community.
________________________________________
From: Rowan Salter
Sent: 11/8/2013 11:15 AM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
Our equipment is not Hash Fast though they have a good product. Hold off till your comfortable. Generally speaking if the $149.00 first payment causes such stress it is not a suitable investment. Bitcoin is new and risky. We appreciate your consideration.
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
On Nov 7, 2013, at 6:06 PM, Tyler Nathe <[email protected]> wrote:
Thanks for the response Rowan but number 3 didn’t really answer my question. Do you guys currently have the mining equipment on site or are you waiting for shipment from HashFast? Do you have any actual pictures of the equipment on site if so? That would certainly be reassuring.
I’m sorry, but without at least a weekly report of the miner’s performance I cannot in good conscious submit a 5-year contract for a piece of equipment I have never seen or know how it is performing. A report could be as simple as an email stating the average hash rate and the number of bitcoins it has mined during that period as well as a cumulative total.
It would also be to necessary to provide addresses in which the miners are collecting bitcoin payments on so we can see how the miner or farm of miners are doing as a whole.
Your business model sounds GREAT, but without some sort of verification process for us the clients it would be extremely risky for us to commit to such a long term contract.
Thank you,
Tyler
From: Rowan Salter [mailto:[email protected]]
Sent: Thursday, November 7, 2013 7:38 PM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
1) we will thru an Ipad ap within 90-120 days.
2) we cant specify what has not been built yet. Any representations would be goals not promises
3) This concept is workable but has enormous risk. As you don't have to capitalize the miner you may judge it worth it.
We can promise to do our best. This is a frontier product in a new financial territory.
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
On Nov 7, 2013, at 9:33 AM, Tyler Nathe <[email protected]> wrote:
Dear Rowan,
I have yet to receive a response to the following questions:
1. Will you provide a way to view live miner stats or send daily/weekly reports of the miners productivity?
2. Do you have a set schedule in which upgrades will take place and how much processing power will be added on each upgrade?
3. Is the hardware currently on site?
Unfortunately in the bitcoin industry there appears to be a lot of scams going on, even from large reputable dealers such as Butterfly Labs which leave their paid customers habging for months with no product and by the time they do receive product it is too late to make any money from mining since it is outdated hardware. I just need to know that my investment is safe with leasebit.com.
Thank you,
Tyler Nathe
________________________________________
From: Tyler Nathe
Sent: 11/6/2013 2:26 PM
To: Rowan Salter
Subject: RE: Someone submitted your Contact Us form
Thanks for the response Rowan. If you could, please answer my questions I sent to the [email protected] email address yesterday so i can remit my contract and payment to you ASAP. I know in the bitcoin mining world "time is money".
Thanks again,
Tyler Nathe
Locked and held
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
> On Nov 5, 2013, at 9:08 AM, Contact Us form <[email protected]> wrote:
>
> Name: Tyler Nathe
> Email:
> Phone number:
> Subject: qty 1 Braun1 price lock-in
> Message: This is to lock in the price of $149 for a qty of 1 braun1 lease as advertised. Thank you.
I will post my email thread with my interaction with him...DO NOT purchase something they cannot even tell you what they have, nor show LEGIT pictures on their website. They CAN NOT prove the miner's operational status to you, not even through a weekly report via email. Any startup should at least be able to grab you output from the logs and email to their customers!
EMAIL THREAD:
--------------------------------------------------------------------------------------------------------------------------------------------------
It isnt the first payment or even the second and third payments that cause stress, it's the remaining 50 plus payments I'm legally obligated to pay by signing the contract.
Your website clearly states the machines "use 3 Golden Nonce ASICs". The Golden Nonces are manufactured by HashFast. Why arent you disclosing the hardware you guys use?
Bitcoin IS new and risky and one reason it is so risky is because of startup companies taking clients money and never delivering. You are doing very little to prove to your new customers you guys have what it takes to run a successful business. I wish you luck and hopefully I will start seeing positive reviews about bitlease.com in the bitcoin community.
________________________________________
From: Rowan Salter
Sent: 11/8/2013 11:15 AM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
Our equipment is not Hash Fast though they have a good product. Hold off till your comfortable. Generally speaking if the $149.00 first payment causes such stress it is not a suitable investment. Bitcoin is new and risky. We appreciate your consideration.
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
On Nov 7, 2013, at 6:06 PM, Tyler Nathe <[email protected]> wrote:
Thanks for the response Rowan but number 3 didn’t really answer my question. Do you guys currently have the mining equipment on site or are you waiting for shipment from HashFast? Do you have any actual pictures of the equipment on site if so? That would certainly be reassuring.
I’m sorry, but without at least a weekly report of the miner’s performance I cannot in good conscious submit a 5-year contract for a piece of equipment I have never seen or know how it is performing. A report could be as simple as an email stating the average hash rate and the number of bitcoins it has mined during that period as well as a cumulative total.
It would also be to necessary to provide addresses in which the miners are collecting bitcoin payments on so we can see how the miner or farm of miners are doing as a whole.
Your business model sounds GREAT, but without some sort of verification process for us the clients it would be extremely risky for us to commit to such a long term contract.
Thank you,
Tyler
From: Rowan Salter [mailto:[email protected]]
Sent: Thursday, November 7, 2013 7:38 PM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
1) we will thru an Ipad ap within 90-120 days.
2) we cant specify what has not been built yet. Any representations would be goals not promises
3) This concept is workable but has enormous risk. As you don't have to capitalize the miner you may judge it worth it.
We can promise to do our best. This is a frontier product in a new financial territory.
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
On Nov 7, 2013, at 9:33 AM, Tyler Nathe <[email protected]> wrote:
Dear Rowan,
I have yet to receive a response to the following questions:
1. Will you provide a way to view live miner stats or send daily/weekly reports of the miners productivity?
2. Do you have a set schedule in which upgrades will take place and how much processing power will be added on each upgrade?
3. Is the hardware currently on site?
Unfortunately in the bitcoin industry there appears to be a lot of scams going on, even from large reputable dealers such as Butterfly Labs which leave their paid customers habging for months with no product and by the time they do receive product it is too late to make any money from mining since it is outdated hardware. I just need to know that my investment is safe with leasebit.com.
Thank you,
Tyler Nathe
________________________________________
From: Tyler Nathe
Sent: 11/6/2013 2:26 PM
To: Rowan Salter
Subject: RE: Someone submitted your Contact Us form
Thanks for the response Rowan. If you could, please answer my questions I sent to the [email protected] email address yesterday so i can remit my contract and payment to you ASAP. I know in the bitcoin mining world "time is money".
Thanks again,
Tyler Nathe
Locked and held
Sincerely,
Rowan Salter
Tweet us @leasebit
http://leasebit.com
Please return new LeaseBit leases via hardcopy with funds attached to:
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403
> On Nov 5, 2013, at 9:08 AM, Contact Us form <[email protected]> wrote:
>
> Name: Tyler Nathe
> Email:
> Phone number:
> Subject: qty 1 Braun1 price lock-in
> Message: This is to lock in the price of $149 for a qty of 1 braun1 lease as advertised. Thank you.
Jump to: