Bitcoin Forum

What happened: FAKE MEMBER TEAM | Stealing people's identity

Flag type 1 (support/oppose) : https://bitcointalk.org/index.php?action=trust;flag=735

Scammers Profile Link [BOUNTY]: https://bitcointalk.org/index.php?topic=5184340.0
Archived: https://web.archive.org/web/20190913182455/https://bitcointalk.org/index.php?topic=5184340.0
Scammer Website: http://www.nexxusrewards.io

OUR TEAM: http://www.nexxusrewards.com/sections/company/21/ieo/index.html  
Archived: https://web.archive.org/web/20190913182846/http://www.nexxusrewards.com/sections/company/21/ieo/index.html

---

https://i.ibb.co/Yy694fN/7.jpg (https://imgbb.com/)

Fake name: Joseph Prescia
Real name: Michael (Mick) H. Dilger - Director on Pembina's Board and an Officer of Pembina Pipeline Corporation.

http://www.pembina.com/about-us/board-of-directors/
https://calgarysbusiness.ca/business/pembina-announces-petrochemical-facility/
https://i.ibb.co/X5hP2TB/8.jpg (https://imgbb.com/)    https://i.ibb.co/VW1JpbF/6.jpg (https://imgbb.com/)

Joseph Prescia is no longer listed on their website as a team member. Not sure if that matters, it certainly doesn't change anything...they've been caught lying.

Btw, someone just posted a new airdrop thread of behalf of Nexxus Rewards, can't say if they are affiliated with the project or not.

https://bitcointalk.org/index.php?topic=5184691.0

Flag supported and tagged the NexxusRewards' account, I won't be tagging the member morvillz7z has included since it's just a regular member participating bounties and is not directly affiliated with Nexxus. Also it looks like NexxusRewards has caved in already as soon as this scam accusation thread for them has been opened, good job OP.

I supported flag. Thank you @tvplus006

@NexxusRewards, Can you defend yourself?

We regretfully acknowledge that we made a mistake on our website management team listing.

The picture for our National Sales Director, Joe Prescia, was a temporary placeholder by our web designer, while he was waiting for a good picture to use for Joe. In our haste, the website got posted before Joe's picture got updated.

Joe Prescia is a real person and an experienced National Sales Director. He is actively participating on our executive management team and is excited about building the sales force to take Nexxus Rewards to local merchants and charities.

As soon as we discovered the error, we immediately removed the temporary image.  All team members and all other information is 100% accurate and we apologize for any concerns caused by this oversite.

The temporary picture was apparently of Mick Dilger, working in the pipeline industry, who is not connected in any way to cryptocurrency or any other industry related to Nexxus Rewards. There was no intent to steal his identity or defraud others by his participation in Nexxus Rewards.

The team is a real team with real people, names, and titles that are committed to showing the industry how cryptocurrency can be done right with the real utility that can deliver real profits.

Who are you? Are you from team member? If so then what is your identify and role for this project? This is a unrealistic excuse and we are feeling bore when we hear that kind of excuse. Why your website was not marked under construction? Why should you go live although you had not final investigate your website? So please stop laying.

Really? or we have discovered it? Removing picture after caught red handed is not going to help you to resolve this issue. Whoever done that mistake, its team's responsibility to verify everything on the website. Community will never accept this mistake.

You are not deserve apologies really, so added one more tag and supported red flag against you.

Sincerity it's always well accepted.
The CEO said it was a mistake.
Let give them a change to proof it.
X

The funny thing is how did one of Mick Dilger's photo ended up with you in the first place? That kind of mistake is something I don't even see especially if he isn't "connected in any way" to the crypto industry. I know you are here to clean your name and your reputation and we cannot just take your word for it so any evidence proving that "Joe Prescia is a real person" then your red tag on my side will be cleared. Like what Coolcryptovator always ask I think a video of him showing proof of his existence and identity is enough for me to convince that this was a big and rare mistake (which I already seen as an excuse/alibi before).

Its really hard to prove this is just a mistake when a lot of scam projects had done this before this Nexxus team did. I don't have any idea what the Nexxus project is but even if a project has really good concept but mistakenly put another picture as their team member, its not going to look good for the project. To us posting fake profiles means there is an intention.

The image was grabbed randomly from Google images.  There was no attempt to scam anyone.  All other team members' information is 100% accurate. It was an unfortunate oversite that we humbly regret. The project was already funded and has been in operation for over 3 years since 1/1/2016.  It has successfully completed its software development and market testing with a professional management and advisory team.

The inadvertent misuse of one image is accurate, but the claim of a scam is not accurate.  I hope that reasonable people would realize that although we made a mistake, this does not constitute a scam.
 
Thanks for your understanding...

I know NEXXUSREWARDS since 2017. This guy's are legit.
It was definitely a mistake.

You waited 1 year just to log in today and comment about this?  ::)
https://bitcointalk.org/index.php?action=profile;u=1926721;sa=showPosts

I am the CEO and Founder of Nexxus Rewards.  This negative review of our project has been posted that is not accurate. We absolutely are not a scam.

Ironically, I have been fighting scams myself for over 5 years and I host a video blog called Cryptocurrency Myth Busters at: www.CryptoMyths.com. I also have researched and reported on many MLM crypto scams like OneCoin and most recently Cloud Token.

The one single misused image was the only fault with our website. Everything else is 100% accurate.  Our team member, Joe Prescia is real, just his picture on the website was borrowed. Scammers fake most or all of the team.  I've tracked down many scammers too.

You can review my bio on LinkedIn at: https://www.linkedin.com/in/bobwood56/
OR on my personal website at: http://whoisbobwood.com/about/

What can I do to prove that we are not a scam?

-- Thanks
-- Bob Wood

@bobnexxus
I will leave for @tvplus006 to decide,
but maybe you should post some public apology information regarding this issue,
and post real photo for this team member, with links for all other members.

You really expect that people will trust you after you got caught red handed?

If you are indeed tracking scammers for years, then you would know that this kind of practice where you used someone else's picture is against any professional ethic, and you should be well aware of the consequences. All i know is that i wouldn't invest in company that resorts to these kind of things.

I will never believe that you never visited your site and did not see your team there. You have only 8 team members. Or do you not know your employees? Do the other team members also not know each other?
Sorry Bob, I cannot take your excuses seriously.

This is the 5th thread today in which I read that the "mistake" was because of the web designer that used a placeholder...
So he grabbed the first picture of google and....yeah the 5th time today only!!!!!!!!!!!

Everyone is using fake pictures by mistake, the web designers these days, so incompetent. /s


No, you didn't, only when you were flagged as scammers your started giving more than f !!!


Wow, an experienced national sales director and has not even one good picture...
Unless he sells stone arrowheads to some cavemen in Yellowstone, I doubt that's possible.

I love this reply... It was an observation very very very accurated... hahahhaha
Good good  ;D

I am Michael Bailey, the Localization Director of Nexxus Rewards, a position I have held since February 2016, just two months following the founding of the company. I have known Bob Wood for 5 years and I have worked for him for 4 years.

I chose to work for Nexxus for the first year without pay. Because I am fluent in Latin American Spanish, I translated all of the Nexxus University courses, including the addition of video subtitles to LA Spanish. Needless to say, it required a SIGNIFICANT amount of time and effort. Why would anyone devote such personal time and energy to a company that he or she didn’t fully support and trust?

I chose to work without pay because I had worked with Bob Wood for a year at that point and found him to be probably THE most ethical, honest, sincere and transparent person I have ever met, let alone worked with, and I don't say that lightly. In addition, Bob Wood is one the most creative entrepreneurs or businessmen I’ve ever met. His rectitude, probity and ingenuity combined are the reason why I ultimately chose to work without pay. I truly believe in the potential of the company and the integrity of Bob Wood. Although I am a paid employee today, my salary remains very low so that the company can devote more of its resources to successfully launching Nexxus Rewards. Fortunately, I have other income which allows me to do this.

I have a varied background but my formal education is a BSc in Accounting and Computer Science. I've been an accountant, corporate controller and technical support analyst for a number of different companies in various industries over a 35-year period and I've witnessed every imaginable type of scam. I’ve also dealt with countless unethical, unscrupulous and disingenuous board members, CEOs, CFOs, CTOs, managers and employees.
 
To anyone who wonders why I waited until now to join Bitcointalk and speak up . . . I am not familiar with Bitcointalk.org as my function within the company does not deal with marketing, promotion or the technical details of Nexxus Rewards or Nexxus Coin (NXX). Therefore, I've had no reason to join this forum, until now. I was also not aware of the nature of the "scam" warnings and at first considered them to be commonplace in the cryptocurrency industry.

The type of rash judgment that led to the current misunderstanding of what really occurred did so precisely because of the lack of due diligence in the rush to judgment and/or carelessness. Did anyone ever consider clicking on the LinkedIn links below the management team photos and titles? Obviously, someone was diligent enough to audit the management team but obviously not sufficiently so to contact other members of the Nexxus management team.

I have worked very hard over the past 4 years to help Bob Wood bring Nexxus Rewards, a new cryptocurrency-based customer loyalty program to the mainstream, a program in which cryptocurrency is embedded within the program and is not immediately obvious to the charitable and non-profit organizations, merchants or shoppers. However, at a later time, when their reward points increase in value due to the automatic buyer demand for the Nexxus Coin (NXX), they’ll wonder why and begin to investigate cryptocurrency of their own accord.

This is a step that was very carefully designed to assist in the adoption of cryptocurrency by the mainstream public.

With Nexxus Rewards, EVERYONE wins, not simply the company. Charities and non-profit organizations win by signing up with Nexxus and enrolling their membership as Nexxus shoppers and then encourage those members to patronize Nexxus merchants. In exchange, such organizations receive 20% of the marketing fee paid by merchants. Merchants win because shoppers now have a reason to return to their store . . . to redeem their reward points, which are Nexxus Coins, which can appreciate in value. Shoppers win because in addition to the reward points they earn, they can earn a portion of the marketing fee by referring their friends and family, in addition to the appreciation of the Nexxus Coin as transaction volume increases. Nexxus Rewards will buy these tokens from the public exchanges, thereby generating built-in utility or buyer demand.

Nexxus Rewards is NOT a scam. Scams, scammers and liars do not engender the caliber of trust and confidence that I have in the management team.

Everyone on this forum knows full well that the vast majority of cryptocurrencies and crypto or blockchain-based projects ARE, in fact, scams. Everyone and their dog want to jump on the “get rich quick” bitcoin/cryptocurrency/blockchain/FinTech bandwagon in the same way that people flocked to California in 1847 for the Gold Rush. When someone unfamiliar with the aforementioned industries loses money or gets hacked, they cry foul very quickly, blaming the company, the developer or the tech support representative for their loss because they are unwilling to accept personal responsibility. Even those who are familiar with these industries (like many on this forum) seem unwilling to perform a thorough due diligence before flagging something as a scam by contacting one of more members of the management team and asking them about any concerns.

I am also the administrator of the Nexxus Rewards Telegram group. I saw the post that tvplus006 copied and pasted here. I banned him/her because I knew that his claim was illegitimate. Although I've never met him in person, I have spoken with Joe Pescia, our National Sales Director. He is not a "fake" team member. Furthermore, what would Bob Wood stand to gain by intentionally deceiving?

C'mon guys . . . we're all adults here and no doubt many of you have advanced degrees so there's no lack of intelligence. We're also human and fallible; we sometimes make mistakes, especially when we're excited and passionate about something. How many here are perfect and have never made an unintentional mistake or never makes mistakes? I certainly do. I have bolded every statement that says I choose or I chose because I willingly own my words and behavior and I know that Bob Wood would NEVER intentionally deceive someone.

However . . . as Bob Wood himself previously asked here: "How does one prove that they are not a scam"?

Sincerely,
Michael D. Bailey
Localization Director
Nexxus Rewards
Telegram: @mdbtaa
Email: mdbtaa@gmail.com
Phone: (916) 320-8444


 

My name is William Terry Howell. I go by Terry. I am the COO of Nexxus Rewards. I exist. I know all of our leadership personally. We meet on a regular basis; some of us every week. I have a doctor's degree and post-doctoral work and 35 years of professional experience most of which was at the C suite level. I have helped start, grow and sell companies. I have worked in hospitals and hospital systems all over the country as a consultant, mostly within the C suite.  I have also served on the C Suite of two large hospitals with 700 million to 1 billion in revenue. I have just co-authored a 92,000-word book on disruptive innovation in healthcare. It is available in hardback, paperback, electronically and in audio. Feel free to take a look:  https://www.healthcareiskillingus.com/. I currently sit on boards with fiduciary responsibility and I coach executives, mostly CEOs. I'm not trying to impress anyone and only share this just in case you need to know if our executive team has experience. We do.

Just so you know, I don't need to work and I certainly don't need to steal money from any of you. But I do understand your caution. Given the despicable behavior that has been exhibited throughout the young history of cryptocurrency, you are wise to be cautious.

Much like the stock market, two emotions dominate this young industry: fear and greed. But there are other reasons to think about investing in a company or a coin; doing good for others. The reason that I became interested in Nexxus Rewards is that its approach is disruptive and innovative in a very positive way. Disruptive innovation is a strong interest of mine especially since writing the aforementioned book. Nexxus Rewards is designed to help charities, small merchants and shoppers in new and exciting ways. It has great utility and has been tested thoroughly. We have a strong strategic plan, know the market, prioritize what we do wisely and know how to get things done. We have built the concept and support infrastructure solidly over the last three years.

We are not looking to get rich quick, that's a fool's errand. We are building a solid company with an important mission. We are looking for capital to help us do it right. I, personally, would love for you to participate but understand if you don't. Remember, you can lose money by getting scammed and you can lose money by missing out on a really sound business idea. So I know it is a tough decision.

We made a mistake. We are currently busy on multiple fronts, so I suspect we will make more. Most people that actually accomplish something do make mistakes. Bob Wood, our CEO, admitted the mistake that understandably frightened some of you. He apologized for it and he meant what he said. So we are done with that. Any of you who have never made a mistake, please contact me so I can come and learn from you. If you are interested in hearing more about why I think this is a wise and worthwhile investment, please contact me on LinkedIn. Serious inquiries only, please.

I wish you the best in all that you do.

W. Terry Howell, Ed.D.
Chief Operating Officer
Nexxus Rewards.
https://www.linkedin.com/in/w-terry-howell-ed-d/

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:
https://i.imgur.com/5payfQv.png

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

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 (https://bitcointalk.org/index.php?action=trust;flag=896).

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.

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:

https://i.imgur.com/C9dGVqD.png

https://i.imgur.com/tKmKlFY.png

https://i.imgur.com/RYpmdCV.png

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://bitcointalk.org/index.php?topic=2198496.msg22099683#msg22099683
https://bitcointalk.org/index.php?topic=2198496.msg23361140#msg23361140

https://i.imgur.com/RF3EmvT.png

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 (https://bitcointalk.org/index.php?topic=1529241.msg23438315#msg23438315). They are still listed there in 2019.

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

https://i.imgur.com/FIBYkKr.png

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

https://i.imgur.com/opLEDJp.png

https://i.imgur.com/OEjh6Ix.png

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

https://i.imgur.com/8SfBXJY.png

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

https://i.imgur.com/kW2vTnK.png

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

https://i.imgur.com/epeEphK.png

https://i.imgur.com/5TE7dz4.png

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

https://i.imgur.com/922VC0V.png

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 ? ? ?

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




 

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


But, even above all of these issues and concerns, there is this:


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.

https://i.imgur.com/B7XmrCJ.png

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://i.imgur.com/oQ5Wwek.png

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/

https://i.imgur.com/yTPCq11.png

https://i.imgur.com/e9Hnufr.png

Found your alt account.

https://bitcointalk.org/index.php?topic=1157341.0

https://web.archive.org/web/20171011131851/https://bitcointalk.org/index.php?topic=1157341.0

^^^  :D 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.

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.

https://i.imgur.com/fDO1eQW.png

https://i.imgur.com/K9y49Hq.png

https://i.imgur.com/9infIqf.png
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  (https://bitcointalk.org/index.php?topic=5184370.msg52837160#msg52837160) ) 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 ?

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

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.

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

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

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.

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 

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.

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.