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Other => Off-topic => Topic started by: acoindr on July 13, 2012, 08:01:36 PM



Title: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: acoindr on July 13, 2012, 08:01:36 PM
Hey all,

Theft is not all Bitcoin:

Quote
Feds arrest, charge CEO of Iowa-based brokerage firm that is missing $200M in customer funds

http://finance.yahoo.com/news/ceo-troubled-iowa-brokerage-arrested-174838082.html


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: Mistafreeze on July 13, 2012, 08:21:36 PM
He tried to kill himself about 3 miles away from me. Kind of a weird story to have happen around here  :-\

At least 4 people I know are out of work because of this.


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: hazek on July 13, 2012, 08:42:50 PM
He tried to kill himself

Do you maybe know how?


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: Phinnaeus Gage on July 13, 2012, 08:46:06 PM
He tried to kill himself

Do you maybe know how?

Death by Bitcoinica Chocolate.

I don't see how he could have been arrested, let alone a police report filed.

Got a fresh cup of coffee and headin' back to that other thread.

~Bruno~


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: Mistafreeze on July 13, 2012, 08:51:11 PM
He tried to kill himself

Do you maybe know how?

Quote from: Yahoo Article
Wasendorf had been hospitalized at University of Iowa Hospitals and Clinics after attempting suicide outside the company's headquarters in Cedar Falls on Monday by hooking up a tube to his car's tailpipe.

He's a pansy.


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: Gabi on July 13, 2012, 09:02:02 PM
Nice thread. Scams and frauds are common in the world, they do not happen only in bitcoin! Billions and billions are scammed every year


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: doobadoo on July 13, 2012, 09:52:54 PM
He tried to kill himself

Do you maybe know how?

Death by Bitcoinica Chocolate.

I don't see how he could have been arrested, let alone a police report filed.

Got a fresh cup of coffee and headin' back to that other thread.

~Bruno~


Confessed to fraud in suicide note.  claimed it was going on for 20 years!  said he used photoshop to fool regulators! LOL!


Title: Re: CEO of troubled Iowa brokerage arrested, charged (missing $200M customer funds)
Post by: Raize on July 13, 2012, 11:51:29 PM
Good to know there are other Bitcoiners from Iowa. Were not always the quickest to jump on new technologies, but it looks like you've been around for a while.

This is actually a huge story in the region, and likely will be for some time. People can be pretty unforgiving here, trust is a commodity.