Bitcoin Forum

I lent kingkatari 31 btc on 8/5/2012 at 9% per month, to be paid on the 10th of each month in an amount no less than $60 USD.  I believe 2 others made identical loans to him on that date.  his current balance with me is 36.8311 btc.

he solicited the loan and the terms were his idea.

Not only has he disappeared, missing 2 payments (100% failure rate), with an implausible story about getting hit by a semi truck and being in the hospital (his 'wife' logged onto IRC to reveal this), but he does not respond to emails or phone calls.

I see he is active again on bitcointalk and his twitter.

people should be aware that he is a scammer.

Nicholas Lee Gould
813-367-7534
11209 Sarajoe Bright Pl
Seffner, FL 33584

I can vouch for this i had a loan with him aswell he owes me 31btc and techinally his car since he hasnt paided

Another month, another no-show, no-pay.

current balance 40.145899 btc.

Hit by a truck! Damn, thats gotta hurt. Hopefully he's not a drywaller like I used to be, otherwise he'll never be able to work again.

"I used to be a trustworthy bitcoin borrower, but then I took a semi truck to the knee..."

"I used to be a professional truck driver, till the day a drywaller crossed my path..."

bounty available:  25% of debt (current total: 40.145899 BTC)

kingkatari owes me 31 BTC principle + 9.145899 BTC in interest (and 9% more each 5th of the month)

I would like to recover 75% of the total debt, 25% is yours.

I believe he has mining equipment that you might be interested in, in lieu of BTC.

I will also match fbastages bounty with the same money that he owes me

KingKatari also owes me 31 BTC + 9% interest/month with the same terms as fbastage's loan. I will match fbastage's bounty of 25%.

I got a slightly different number after calculating interest: 39.44126280 BTC owed ( 31*(1.09^2.79452055), the latter number (2.79...) being the number of months since my original loan on August 4, 2012.)

If yer in the Greater Toronto Area and lookin for some off-the-books work, I might have some stuff needing done at the condo i just bought... you may not be able to work full time/pro any more, but i'm sure you can still swing a screw-gun, trowel and mud float...

bounty has just gone up, as of 11/5

bounty is 25% of this 43.75902991 debt:

date	amount	description	balance (btc)	price of btc
8/5/2012	31	initial balance	31	$10.90
8/5/2012	2.79	interest @ 9%	33.79	$10.90
8/10/2012		missed payment. in default. amount due: $60 or 5.263 btc	33.79	$11.40
9/5/2012	3.0411	interest @ 9%	36.8311
9/10/2012		missed payment. in default. amount due: $60 or 5.381 btc	36.8311	$11.15
10/5/2012	3.314799	interest @ 9%	40.145899	$12.80
10/10/2012		missed payment. in default. amount due: $60 or 5 btc	40.145899	$12.00
11/5/2012	3.61313091	interest @ 9%	43.75902991	$10.83
11/10/2012		missed payment. in default. amount due: $60 equivalent	43.75902991	$10.95

What's the total bounty offered on his defaults? He owes me money also.

If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.

Are you certain his information is correct? I can see what I can locate.

That's the same information where I mailed a video card.

how recent was the video card sent?

Right before he disappeared he was allegedly in the process of moving.  that was one of the reasons for needing the loan.

here's the information relating to my loan (log of agreement) and various bits of info I have found: http://pastebin.com/ijFAP2zk

I was one of 3 people that gave him nearly identical loans of 31 (terms may vary slightly), so the amount owed is approximately 3 times what I have listed (star soccer and gladamas, though they may be accruing/calculating interest slightly differently).

Each of us has offered a 25% bounty on amounts recovered.

This is not including amounts he owes Distribution or other people.

Great.

Post or PM the docs.

(PM, email, phone, address, license, etc.)

Thanks

linked above (pastebin)

fbastage,

Nice work

http://pastebin.com/ijFAP2zk (http://pastebin.com/ijFAP2zk)

I didn't even see that link.  That's good stuff.  Post that here in the thread with links.  Makes it Googleable.

Correct, although there may have been other 31 BTC loans from what I remember.

still no scammer tag?

Another month, another non-payment.

amount owed has increased by 9% (3.9383126919 BTC) and thus bounty has increased (still 25% of owed amount, though that amount is now larger)

12/5/2012   3.9383126919   interest @ 9%   47.6973426019   $13.25
12/10/2012      missed payment. in default. amount due: $60 or 5 btc   47.6973426019   $13.40


mine is just 1 of 3 identical loans we are trying to recover. total bounty for all 3 loans is 35.7730069514BTC

Four months and seven days (129 days) have gone by without repayment.

I compound the amount owed daily, but at a rate as if it was compounded monthly. The formula I use is:


As of 11 December 2012, KingKatari owes me 44.67772601 BTC. (This can be paid in USD, as per the original agreement.)

He seems pretty active on his facebook. Just posted "Is enjoying his new asus transformer tf300t tablet.

Thanks Dennis Gould" on November 25th.

EDIT: He likes " St. Croix Apartments Tampa, FL ", you might find him around there, or be able to get info on him from someone there.

That's awesome. He owes me $65 for a Video Card, and was supposed to pay me for a portion of what he mined before he bought the card.

It was an XFX ATI Radeon HD 5830.

Cherry_Rademacher? Srsly (http://florida.arrests.org/Arrests/Cherry_Rademacher_4568907/)?

Multiple times, I see a 2001 too etc. Junkie + bad checks, worst possible loan recipient.

Mon, Nov 26, 2012 at 10:06 AM

IC3 Complaint: I1211261106065681

Hey just figured id checkup on the thread, not sure what the hell fbi internet crime is gonna help with but still hoping to get those 31btc back lol.

I am also at this point willing to just sell the debt if anyone is interested. Id want at least 25btc.

good news, bounty hunters:  it is the 5th of the month and bounty has gone up again (I compound monthly, on the 5th.. his other lenders may be calculating their interest differently)

He now owes me 51.990103436071 BTC.  The total debt to me and 2 others is approximately 150 BTC, so the 25% bounty is approximately 37.5 BTC

enjoy

.......... yay more coins that ill never see. Well If anyone would like to buy my debt it is for sale along with some pirate debt. As far as actully getting it back well if we get it back I will give who ever gets it all interest that has been accumulated.

Lol he is a drug dealer? Wtf.

cant someone go win in small claims court?

bump.


will go up another 9% in 6 days.

bump.

Katari's debt to me is now 56.6692127453174 BTC

there are 2 other people with similar amounts owed, offering same bounty

bounty is 25% of btc recovered

March 2013 update


3/5/2013   5.10022914707856   interest @ 9%   61.769441892396   $38.00   $2,347.24      15.442360473099


katari now owes me 61.76944 btc.  25% of that (15.44) is yours if you recover the debt. (and there are 2 others paying similar percentages for loans of the same amount.

I'm not asking for anything illegal. just get him to pay what he owes.

About 79.993218564467699484 or 80btc now.

if anyone is interested im selling my debt, https://bitcointalk.org/index.php?topic=246557.new#new

How's the going up score so far? Inquiring minds wish to know.

MPOE-PR

Back in your hole!

Now that SD is closed what are you going to do?

Maybe open up a congeniality school in Lithuania.

I see that he has logged in just now...

as of 7/5:
87.1926082352697

in a few days (8/5):
95.039942976444

that's some good money right there.