.0043 bitcoin loan defaulted by [Devawnm367]

[shasan]

What happened:: Took non-collateral loan and no response in more than a year.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=1713155

Reference Link: https://bitcointalk.org/index.php?topic=5030169.msg59761719#msg59761719
Amount Scammed: .0043
Payment Method: Bitcoin
Proof of Payment: https://www.blockchain.com/explorer/transactions/btc/af60957555290b66550176a6ac72a48d17227ebf53012b29269b7bf72d029c56

Additional Notes: If anyone expert to find out alt account then it might be helpful as I think the user might have alt account that's why the user abandoned the account.

Flag: https://bitcointalk.org/index.php?action=trust;flag=3201
Flag of the alt: https://bitcointalk.org/index.php?action=trust;flag=3202

[1714211390]

1714211390

[1714211390]

1714211390

[shasan]

Reserve
Edit:
I have just provided negative trust to the alt account (hold-coins) based on the mentioned reference. I have also created a flag for all alt accounts. I think it is perfect that one account committed scam means all of the alt account of that person is scammer and they deserve negative trust as well as we should support flag for that alt account.

[acroman08]

found a post of lovesmayfamilis from "Known Alts of any-one" thread linking an account to Devawnm367, from what it looks like, the alt account is also inactive and hasn't been online for more than a year.

sorry for your loss, I support the flag.

2 Accounts Connected:

1. Devawnm367
2. hold-coins

0x09193adc4d3aef4dfb4370ddd79b6e20c66ec167

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0x09193aDc4D3AeF4dfB4370ddD79b6E20C66Ec167

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Related Addresses:

Code:

ETH Wallet Address: 0x09193aDc4D3AeF4dfB4370ddD79b6E20C66Ec167

merit abuse

[BitcoinGirl.Club]

Sorry for your lose brother. Flag supported and left a negative feedback.
I am curious to know how many people scammed you and what is the total amount you were scammed so far? I don't think you are in profit in the business. Why you continue and wasting your hard earned stash?

[Helena Yu]

This is really sad, it seems there are already 3 accounts that were known can be trusted, have green trust and good record in lending history, but they still scam in the end. Is Bitcointalk account is worthless now since they're willing to run their reputation? I mean there are so many signature campaigns comes up, they can use that opportunity to make some money.

[Poker Player]

This is really sad, it seems there are already 3 accounts that were known can be trusted, have green trust and good record in lending history, but they still scam in the end. Is Bitcointalk account is worthless now since they're willing to run their reputation? I mean there are so many signature campaigns comes up, they can use that opportunity to make some money.

I don't quite understand it either, by defaulting on the loan they lose the opportunity to make money on that bitcointalk account, which is pretty stupid financially speaking.

Causes for them to do this I can think of is that they have other accounts on the forum that they are monetizing, but I think this is less likely, or that they are degenerate gamblers, or that they use drugs or something.

That in case they are participating in signature campaigns, although I think that in this case he was not participating, and it is not 100% clear to me why sashan gave him the loan, I guess because Devawnm367 had a previous history of having returned loans.

[robelneo]

Sorry for your lose brother. Flag supported and left a negative feedback.
I am curious to know how many people scammed you and what is the total amount you were scammed so far? I don't think you are in profit in the business. Why you continue and wasting your hard earned stash?

I hope he is still in profit he is one of the leading lenders here and his service have helped a lot of members and will help others who need immediate funds when they can't find it offline, I guess he should be stricter by asking for collaterals especially for lower rank although there is no guaranty on the upper rank either.

Loan Amount:  .0043
Loan Purpose:  rent

Type of Collateral:  I don't have if I did I would sell it...

[logfiles]

This is so sad.

Looking at the inactivity of Devawnm367 and his other known Alt account. It seems to me that he probably just left/abandoned the forum back the and had no plans of coming back here. OP, you have even been so lenient. Any reasons as to why you took a long time to open the scam accusation? Did you have some internal communications with him?

[DireWolfM14]

Sorry for your loss, Shasan.

I helped Devawnm367 out with a few loans, and he always paid back.  Sometimes he was really late, but he always had a believable excuse.  The last communication I received from him was in April of 2022, and at the time he was having some real trouble with a death in the family and a messy separation which included a custody battle over his daughter.  He was having a really tough time and seemed extremely depressed.  He never struck me as a scammer, and I doubt he intended an exit scam over BTC0.0043.  I just hope he's okay, and to be honest I'm more worried about his health and safety after reading this thread.

[blckhawk]

I admire your patience, you've given the borrower a year to respond before posting him on the board. I commend you for doing that but man, you've got to stop doing non-collateral loans especially with this not being your first time getting a defaulted loan or at the least do some sort of safety net for yourself because the loans you've got is a serious amount if you ask me even if they have a history of returning their loans, hopefully you can still get it back and if they do give it back, don't remove the red tag.

I don't quite understand it either, by defaulting on the loan they lose the opportunity to make money on that bitcointalk account, which is pretty stupid financially speaking.

I can't speak for all of them but I believe that this kind of people are after the quick bucks instead of long-term money especially in this forum, we just have to understand that not everyone likes to post in a forum about stuff related to the theme of the forum everytime.

[Upgrade00]

Sorry for your loss.

I've not interacted enough with the user to be able to make any sort of judgement on them but they have had a history of successfully repaid like and before this.
I hope you can recover from the loss and it doesn't affect your service going forward.

I can't speak for all of them but I believe that this kind of people are after the quick bucks instead of long-term money especially in this forum, we just have to understand that not everyone likes to post in a forum about stuff related to the theme of the forum everytime.

They wouldn't hang around for close to four years and make over a thousand posts if they planned to make away with just over a hundred bucks.

[tabas]

That's a huge patience that you've got there shasan and terribly sorry for your loss. I am sure that you've given him the benefit of the doubt that soon he'll be back and will repay you the loan but despite that kindness and gesture you've given to you him, it seems that he won't be back anymore. But hoping that he will come to fix this situation and reach out to you if he's dealing with serious problem as what direwolf has mentioned.

[blckhawk]

I can't speak for all of them but I believe that this kind of people are after the quick bucks instead of long-term money especially in this forum, we just have to understand that not everyone likes to post in a forum about stuff related to the theme of the forum everytime.

They wouldn't hang around for close to four years and make over a thousand posts if they planned to make away with just over a hundred bucks.

Dude, people change, didn't you get the memo? Just because someone's been trustworthy for years on doesn't mean that that person won't flip on you. Everyone's got a price and that person decided that he doesn't want to be on this forum anymore so getting something little out might not be a bad idea or I'm overthinking it and that person died and we all know a dead man can't pay no debts.

[shasan]

found a post of lovesmayfamilis from "Known Alts of any-one" thread linking an account to Devawnm367, from what it looks like, the alt account is also inactive and hasn't been online for more than a year.

sorry for your loss, I support the flag.

Thanks for the information you have provided here. As they are alt accounts I will provide negative trust I will add a flag for the alt too.

I am curious to know how many people scammed you and what is the total amount you were scammed so far? I don't think you are in profit in the business. Why you continue and wasting your hard earned stash?

I am at a huge loss and most of all the lender is a loser. I think only Darkstar might be on profit as he managed a good campaign in DT from the beginning as a result got a lot of collateral-based borrowers.
The mentioned default in scam accusations might be half of all defaults. I usually try to see whether come online or not. Few people repaid after a long time that's why at the beginning do not want to create scam accusations.

[LoyceMobile]

I am at a huge loss and most of all the lender is a loser.

If you're only losing money, why are you still lending?

This is the reason I never joined the lending business: it doesn't seem worth the risk.

[shasan]

I am at a huge loss and most of all the lender is a loser.

If you're only losing money, why are you still lending?

This is the reason I never joined the lending business: it doesn't seem worth the risk.

It seems to me addiction is like gambling. And few people really need funds if all of us stop then those needy people will face a lot of problems that's the main reason for lending. I have no plan to stop lending.

This is really sad, it seems there are already 3 accounts that were known can be trusted, have green trust and good record in lending history, but they still scam in the end. Is Bitcointalk account is worthless now since they're willing to run their reputation? I mean there are so many signature campaigns comes up, they can use that opportunity to make some money.

You are right in all of your points. I think the main reason they have alt accounts is that are impossible to run. As they couldn't sell accounts they took a loan defaulted the loan and abandoned their accounts.

[Upgrade00]

<snip>

I do not think people change, I just think they hide wo they really are very well over the Internet. I have seen a couple of cases where a user farms trust for months or even years before making away with a significant loan amount. This indicates that to have been their initial motive for creating an account on the forum.

This from all indication does not look like that. But it matter much what it looks like or how I perceive it, another lender suffers yet another loss frustrating such well meaning users and demotivating others who want to join in.
Going strictly with collateral based loans seems like a good direction to take in the face of all the possible indication of losses.

[LoyceV]

And few people really need funds if all of us stop then those needy people will face a lot of problems that's the main reason for lending.

Maybe I'm old-fashioned, but in most cases I don't think you help people who have money problems by lending and making them pay interest. They're only digging a deeper hole, instead of saving up once and being ahead for the rest of their life.

It seems to me addiction is like gambling.

I didn't expect this answer. I guess it makes sense, if both gambling and lending are turning a loss in the long run.

[Nwada001]

If not for a health issue or anything serious that will take someone off the internet, I see no reason why someone would default on such a small amount of money for a full member rank account where the money can be earned within a month, and based on the OP's explanation, it has given the loan defaulter close to a year now and no sign of a repayment plan has even been made.

I don't actually know what usually triggers people to take loans and refuse to pay them back, as loans are supposed to be taken when someone seriously needs them for something serious and has the means or plan of repayment. Even if the money did not come as expected, within the long duration that was given to the loan defaulter, there is enough time to save up $100+.

I just hope the loan defaulter is in good health wherever he is, and if he doesn't have a plan of scamming, maybe he will come back one day and repay the loan, as both the ALTs identified here have been active since 2022. @Op, just hope all this kind of loss won't make you change your good heart and give out your support to the needy in the form of your loan.

[Dr.Bitcoin_Strange]

Shasan, I support your tag. you have really been patient for that guy. How can someone be as heartless as he has shown to be, letting his loan linger for more than a year without even contacting you, at least to let you know if there were any predicament that he's currently facing that has made him not be able to repay his loan. I'm sorry for your loss.