Bitcoin Forum

Economy => Scam Accusations => Topic started by: fbastage on September 28, 2012, 09:27:48 PM



Title: BOUNTY: kingkatari - default on loans
Post by: fbastage on September 28, 2012, 09:27:48 PM
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


Title: Re: kingkatari - default on loans
Post by: starsoccer9 on September 29, 2012, 06:30:09 PM
I can vouch for this i had a loan with him aswell he owes me 31btc and techinally his car since he hasnt paided


Title: Re: kingkatari - default on loans
Post by: fbastage on October 18, 2012, 01:45:44 PM
Another month, another no-show, no-pay.

current balance 40.145899 btc.


Title: Re: kingkatari - default on loans
Post by: Phinnaeus Gage on October 18, 2012, 03:03:47 PM
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.


Title: Re: kingkatari - default on loans
Post by: Aahzman on October 18, 2012, 03:09:16 PM
"I used to be a trustworthy bitcoin borrower, but then I took a semi truck to the knee..."


Title: Re: kingkatari - default on loans
Post by: Phinnaeus Gage on October 18, 2012, 03:17:31 PM
"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..."


Title: BOUNTY: kingkatari - default on loans
Post by: fbastage on October 28, 2012, 04:31:43 PM
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.


Title: Re: kingkatari - default on loans
Post by: starsoccer9 on October 28, 2012, 07:49:02 PM
I will also match fbastages bounty with the same money that he owes me


Title: Re: kingkatari - default on loans
Post by: Gladamas on October 28, 2012, 11:27:47 PM
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.)


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Aahzman on November 01, 2012, 04:01:48 PM
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.

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...


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on November 13, 2012, 03:16:34 PM
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
8/5/201231initial balance31
$10.90
8/5/20122.79interest @ 9%33.79$10.90
8/10/2012   missed payment. in default. amount due: $60 or 5.263 btc33.79$11.40
9/5/20123.0411interest @ 9%36.8311   
9/10/2012   missed payment. in default. amount due: $60 or 5.381 btc36.8311$11.15
10/5/20123.314799interest @ 9%   40.145899$12.80
10/10/2012   missed payment. in default. amount due: $60 or 5 btc40.145899$12.00
11/5/20123.61313091interest @ 9%43.75902991$10.83
11/10/2012   missed payment. in default. amount due: $60 equivalent43.75902991$10.95


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Distribution on November 13, 2012, 03:31:00 PM
What's the total bounty offered on his defaults? He owes me money also.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: BCB on November 13, 2012, 03:36:31 PM
If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: jasinlee on November 13, 2012, 03:44:43 PM
Are you certain his information is correct? I can see what I can locate.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Distribution on November 13, 2012, 03:50:27 PM
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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on November 14, 2012, 05:23:59 PM
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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on November 14, 2012, 05:28:26 PM
If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.

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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: BCB on November 14, 2012, 05:32:27 PM
Great.

Post or PM the docs.

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

Thanks


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on November 14, 2012, 05:37:03 PM
Great.

Post or PM the docs.

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

Thanks

linked above (pastebin)


Title: Re: BOUNTY: kingkatari - default on loans
Post by: BCB on November 14, 2012, 05:40:03 PM
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.



Title: Re: BOUNTY: kingkatari - default on loans
Post by: Gladamas on November 15, 2012, 03:24:43 AM
If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.

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.

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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on November 15, 2012, 03:16:43 PM
still no scammer tag?


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on December 10, 2012, 07:45:44 PM
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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Gladamas on December 11, 2012, 11:01:34 PM
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:

Code:
31*((1.09^(12/365))^[number of days since 4 August 2012])

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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: itsgoldbaby on December 11, 2012, 11:24:26 PM
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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Kelticfox on December 11, 2012, 11:34:16 PM
He seems pretty active on his facebook. Just posted "Is enjoying his new asus transformer tf300t tablet.

Thanks Dennis Gould" on November 25th.

FBAStage asked me to have a look at him from the start, in the process of doing so.

Have concluded that the Semi Truck incident never happened though.
No RTA records, no medical records, hell not even a 'Get Well Soon' message on any of his social media.

A lot of new info has been found (I tend to start at the beginning and remove all assumptions). I'll update the thread in the near future when I've finished.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Distribution on December 11, 2012, 11:53:18 PM
He seems pretty active on his facebook. Just posted "Is enjoying his new asus transformer tf300t tablet.

Thanks Dennis Gould" on November 25th.

FBAStage asked me to have a look at him from the start, in the process of doing so.

Have concluded that the Semi Truck incident never happened though.
No RTA records, no medical records, hell not even a 'Get Well Soon' message on any of his social media.

A lot of new info has been found (I tend to start at the beginning and remove all assumptions). I'll update the thread in the near future when I've finished.

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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Kelticfox on December 11, 2012, 11:58:27 PM
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.

I know :P

Though I couldn't find out what sort of GPU.

I've figured loans from:

FBAStage
Gladamas
StarSoccer
EasyAt

I've emailed him, Cherry (Fiancee) and his father. Given him 7 days to get back in touch with the relevant people or it goes to the next level.

When I go trawling I always imagine someone in the background "Cry havoc and let slip the dogs or war".


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Distribution on December 12, 2012, 12:06:13 AM
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.

I know :P

Though I couldn't find out what sort of GPU.

I've figured loans from:

FBAStage
Gladamas
StarSoccer
EasyAt

I've emailed him, Cherry (Fiancee) and his father. Given him 7 days to get back in touch with the relevant people or it goes to the next level.

When I go trawling I always imagine someone in the background "Cry havoc and let slip the dogs or war".

It was an XFX ATI Radeon HD 5830.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: MPOE-PR on December 12, 2012, 09:35:44 AM
Cherry_Rademacher? Srsly (http://florida.arrests.org/Arrests/Cherry_Rademacher_4568907/)?


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Kelticfox on December 12, 2012, 08:03:08 PM
Cherry_Rademacher? Srsly (http://florida.arrests.org/Arrests/Cherry_Rademacher_4568907/)?

They've both been arrested on drug charges. Kingkatari actually spent time in the nick (get it? nick? Nicholas?) :P


Title: Re: BOUNTY: kingkatari - default on loans
Post by: MPOE-PR on December 12, 2012, 10:35:45 PM
They've both been arrested on drug charges. Kingkatari actually spent time in the nick (get it? nick? Nicholas?) :P

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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Kelticfox on December 20, 2012, 01:37:11 PM
Complaint filed to the FBI via the Internet Crime Complaint Centre.
I'll update when I get the complaint ID back.


IC3 Complaint: I1212200834118541
Hillsborough Sheriffs Office Contacted as well


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on December 20, 2012, 01:48:51 PM
Mon, Nov 26, 2012 at 10:06 AM

IC3 Complaint: I1211261106065681


Title: Re: BOUNTY: kingkatari - default on loans
Post by: starsoccer9 on December 25, 2012, 12:18:12 PM
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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: Kelticfox on December 25, 2012, 03:56:56 PM
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.

To my knowledge Kingkatari is still on probation, which means NO unlawful stuff.

"Go Directly To Jail

Do Not Pass Go
Do Not Collect 124 Bitcoins".


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on January 05, 2013, 05:43:07 PM
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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: starsoccer9 on January 13, 2013, 08:06:41 PM
.......... 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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: marketersales on January 14, 2013, 10:43:20 PM
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.



Lol he is a drug dealer? Wtf.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: starsoccer9 on January 17, 2013, 12:25:42 PM
cant someone go win in small claims court?


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on January 31, 2013, 06:52:13 PM
bump.

Quote
[01-31 12:48:09] <@FonziScheme> ;;calc 37.5 * [ticker --ask]
[01-31 12:48:11] <@gribble> 798.75

will go up another 9% in 6 days.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on February 07, 2013, 01:50:34 AM
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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on March 07, 2013, 08:22:33 PM
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.


Title: Re: BOUNTY: kingkatari - default on loans
Post by: starsoccer9 on June 29, 2013, 08:34:07 PM
About 79.993218564467699484 or 80btc now.

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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: MPOE-PR on July 01, 2013, 02:30:00 PM
bump.

Quote
[01-31 12:48:09] <@FonziScheme> ;;calc 37.5 * [ticker --ask]
[01-31 12:48:11] <@gribble> 798.75

will go up another 9% in 6 days.

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


Title: Re: BOUNTY: kingkatari - default on loans
Post by: BCB on July 19, 2013, 03:38:18 AM
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.





Title: Re: BOUNTY: kingkatari - default on loans
Post by: John (John K.) on July 24, 2013, 04:15:00 PM
I see that he has logged in just now...


Title: Re: BOUNTY: kingkatari - default on loans
Post by: fbastage on July 27, 2013, 10:20:49 PM
as of 7/5:
87.1926082352697

in a few days (8/5):
95.039942976444

that's some good money right there.