Bitcoin Forum

Hello,

I'll be quick. I've lent 3.5 btc to a rather new user "bitcoinmarketstore". The account is already flagged as red so no need to go check it.
The repayment day is still not passed but the user defaulted all its other loans and never got back online since 27/01 whereas he was always online before.
Doesn't answer pm or mail. I don't think there is much more to wait of it.

If I've lent such an amount to a newbie, it's of course because I had guarantees (or thought I had). I've got a written contract with numerous official proofs of ID and ownership of the jewellery store concerned. I didn't believe falsification was possible mainly because of the variety of documents I received in a very short time (a few minutes) and as I was the one asking for precise random documents... I didn't see how it could be possible for this user to lie.

Maybe the user thinks I won't go and sue him, that's possible.

Anyway I would just want to make sure the data I have are not totally invented. I know admins don't give personnal information such as location, but in this case I'd just want to know if the contract I have contains the good geographical area. If yes I can go fill a complaint as I've got the specified contract and a copy of the ID. If no, then I won't even bother as it means I've got completely get fucked by a very fast and good falsification.

I would like to know if someone could confirm the global area if I send him/her the address. I can of course prove all I stated above before.

Oh, and don't trade with this user of course ;D

Man... you should not lend your BTC, ever.
That's my very simple rule-of-thumb.

I seriously doubt that the admin is going to provide you any information about this user whatsoever that you didnt know already. It could be that all the documents he sent you was false or stolen.

Anyway I would consider that coin gone. Just forget about it.

Why forgeting it? Filling a complaint doesn't cost anything.

I don't want information I want a validation of the information I already have, that's why I hope admin will be willing to help me.

This user come from Italy. If you come from a country near it, you can give him a little visit or to the police.

In this forum i saw some people offering to pay money to buy passport/id copys utillity bills etc, are you 100% sure that you got his real id and data?

anyway i am sorry for this scam but your own fault so loan so much

That's the idea as I'm a European citizen and signed a European based contract. From a legal point of view they're is no doubt about the debt. But I'm not sure the amount would be enough for the police to search for the user if I don't provide a correct piece of ID, address, name or something like that. That's why I would like to check if the address I have seems to be the good one or if the user lied on the contract and made a false piece of ID.


Of course not I'm not sure, maybe the user just bought lots of different documents and he had the luck to have the ones I asked for. And maybe he also managed to photoshop a photo with a precise text in less than 5 minutes. But I took the risk as it was really fast with lots of data ^^

I'll just fill a complaint and see if anything happens. Such things can take years but most of the time they end with the debitor paying his debt ^^

Your not sure but you went ahead and lent a newbie $1200+- because he provided you a few documents that you asked for? He could have pre empted the fact that someone like you would feel safe with a few fake bits of ID and had them at the ready. I won't be so sure that even after years you will get a single penny back.

It is a shame but that Bitcoin is long gone and chances are you won't be getting any of it back. Sorry to hear of your loss but NEVER loan without collateral and this can't happen, many people could not care less that you have their ID assuming it is not fake anyway. Sucks I know, lesson learned at a price, hopefully.

I think that you have 0% chance to get back your money it will be very hard to proof that he really got the bitcoins


Sorry to that this OP but it's because of people like you that this forum is full of scammers

Next time make sure you use the proper scam format ,we don't have to search the entire forum for the respective accounts.Anyhow
This is the main account of the scammer: https://bitcointalk.org/index.php?action=profile;u=673780

This his is AltAccount : https://bitcointalk.org/index.php?action=profile;u=309676 [Was active two days back]

His Business Facebook Page : https://www.facebook.com/Gioielleria-lIsola-dOro-317751444954849/?ref=hl

EDIT : This user has many alt accounts,I'm already on the work to find them all also this

Some scammers are so smart, they actually do the photoshopping in advance. That's why banks don't accept emailed ID/pics with shoe on head.
SFYL.

I have some info of this user (like phone )..he is italian from the south.... (he ask some lend with collateral and then without and in mp .... as "friends" :O )
I have also write about that in the "principal" topic opened where he ask for a loan.

It is unlikely that he has such high rank accounts, he just tying to buy(participate in few auction and won), to my knowledge did not pay for anything(asks me a few times a loan)

Trust summary for RussianRaibow

For the moment i have to give him red trust until he comes through with the payment he promised to the seller of the trade i was asked to oversee.

 :o he get this account and not pay for it?
what a shame! :(

So, in the event that he defaults, you intend to sue him, in a court, for a virtual currency?  You think you have any chance of that working?  If that works it would be a big jolt for the BTC community, but I seriously doubt the bureaucracy is going to let it happen.

Well I'm still in contact with him loan will be defaulted if he doesn't start to repay on the 25.

But yes that's the idea. It shouldn't be hard because we made an official contract. I don't know how it works elsewhere but in Europe certificate of indebtedness has a value in court!
The only thing is that if none of the documents about him I have are true it won't work I think. Or not before years that's for sure ^^

In my opinion court and advocates fee will cost you more than what he owes you (I hope you will prove I'm wrong..)

Suying someone from another country, even in Europe, is quite complicated. If it's a national affair it's easier.

I did some loan in the past (I was the lender). Collateral always should have a value, the lender has to be able to sell it.
In most of the case, people asking for loans and giving IDs or what ever documents were stolen ones..

Good luck with him. I hope you will be able to get back something. 3.5 BTC is a serious amount...

Hi there are any news?
I hope you can solve, but it seems after these days this user is already gone...
But anyone has try to contact him?

This wasnt a scam for 3.5 bitcoin.

You practically gave it away.

How do you know that ?
You managed to dig some info about him ?

Sorry to say this but OP is very dumb for lending him 3.5 btc :(
-New user
-opened a multiple loan request
and yet you still gave him the loan ;D

Also, documents like ID and store ownership is not a legit proof here as documents like that can be forged if he needs to
better use collateral next time when lending someone
New user with no collateral = no loan
Simple as that ;)

Though i feel sorry for your loss :(

he buys some account to show the real interest in loan.
but every moves was only a scam attempt.
For example He ask in mp a loan without collateral after we talk, but meanwhile he ask a collateral one in public.
:( More and more people trust users without collateral, and btc is a good way to scam!

Agreed with you @markj113.You already said that he was red-flagged,so why it was for basically?obviously must be for a scam accusation and so that next time users don't get into any trade further.Also whatever info. you were being provide may come out to be false.


Well this can be stopped if lenders give half of the amount of the account price if that guys wants a loan without collateral.(Account with Trust)

Here's some update. I know it might seems a bit strange but I feel like it's important to keep the info clean.

The user didn't contact me on his own. So I filed a European complaint and sent him a registered letter with the file. A week later the user contacted me again apologizing for the inconvenience.
Seems like the user had some trouble that's for sure. But he said he wanted to repay. I didn't really believe him at first but I'm making an update because he started repaying huge amount.

I lent around 1500€ to him. Considering the interests and the delay, we agreed on 1800€ to be repaid. Currently 1.5 btc were repaid, which is aorund 600€.

While not the whole amount, only a third of the sum, I see no reason to not trust this user wil finish repaying me. Why even starting to repay if he doesn't want to do it until the very end?

So this is just and advice for every European here. Fill a contract before lending, requiring quick and multiple proofs. In my case, the use clearly didn't want to repay, but hadn't the choice as a legal contract was made.

The European process for debt recovering is extremely easy, just make sure the contract is correct (some characteristics have to be ok, check that on google).

I'll just bump when the amount is paid as a whole. Feel free to ask any question.

Thanks again for your reaction Makj113. Fact is that when two persons make a contract and one break it it's called a scam. That's the main definition of a scam in fact. You don't know the amount of precaution I took you just consider them as not being enough. On which you might be right, I don't know and I don't care, but that's still scamming.

If you let your door open while being gone, I can enter and take whatever I want? It's not a theft, you practically gave it away?

Actually, that's not a "scam" as you say.  It's only a scam if one party intentionally defrauded the other.  I'm sure there is a more technical term for that.

In this case though, it seems like you did indeed get scammed :(

Well your insurance company would say that you failed to take adequate security precautions and refuse to pay out your claim.

You only need to take one look at the scam accusation thread to realise how many scammers there are on this forum, feels like a kick in the nuts but you will never get that bitcoin back and will have to put it down experience and move on a little older and wiser.

well this is ... a fraud? a loan scam? a loan fraud?
Calling this as you want but the meaning doesn't change.
But by the way flagapra you go at least to a police station to sue what happened here with this user?
If not I can't understand how you have a probability to get such btc back....
:( I know also a legal sue is anything but it's a first approach!

Well in fact as I precised above, the precautions I took were enough as the user started repaying. But I understand your point.
Difference is that it's still a theft. You would only not be paid back by your insurance that's all.

As I said above, I followed the European process of debt recovery and the threat of being sued seemed enough. The user started repaying, he already repayed 1/3rd of the amount and the interests so it's going the good way :)