I'm sorry, but I'm not following you. Are you saying that there's a law in my jurisdiction that says my local police force won't regard fraud as fraud unless I pay scrypt.cc anything they may have paid me? I'm sure that can't be right, so could you clarify? Ideally, could you point to the relevant legislation/code (doesn't have to be in my jurisdiction, if you point me in the right direction I can probably find locally appropriate legislation).
There are ponzi clawback precedents: https://bernsteinlaw.com/publications-list/investor-beware-what-everyone-should-know-about-clawback-litigation/It's not as simple as Stroto claims though. That's awesome, thank you! I've got to admit - that actually seems fairly reasonable (with regards to Madoff, and possibly here too). If scrypt.cc is found to be a ponzi, any profits would be "false profits" and surrendered to the bankruptcy trustee. This would be used by the trustee to pay depositors who had been defrauded out of their deposits - the initial principle. Sucks for anyone who made money out of it, but at least they end up with everything they started with, which sucks less than losing money - even if some of that money is paid back by the bankruptcy trustee. I've not yet found the equivalent in my jurisdiction (UK) but I have to admit I think it would make sense here too. If you don't report this to the police then any money you've lost is lost for good (and any withdrawals in the future will result in further losses), and the scheme keeps running to the detriment of the wider community. If you do report then you may get some of your money back, and the operation may be shut down and the perpetrator fined or jailed. In theory it makes sense. in theory. In fact it is a bitcoin and not identified scheme and there is no way the big cut of false profits could ever be surrendered to a trustee, not in the bitcoin network as it is now. That is the main reason why I said what I said. If only a low percentage of users will press charges and they show how much they invested and what they withdrawn, they probably will succeed in taking it down but it can bite in their ass as they have to give up a part of their withdrawns and even further their loss. One example is the real estate Ponzi of Vaughn, clawback was actively pursued but obviously all participants or investors (whichever you prefer) were well known by name and identity. In scrypt.cc case that is virtually non-existent and everyone can assume that the ones with the most profit will never connect their identity to their scrypt account and by that the false profits to surrender to the trustee will only exist out of the false profits of the ones taking part in the process of pressing law. So you might want to add: If you do report then you may get some of your money back or have to pay a little more, and the operation may be shut down and the perpetrator fined or jailed.
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Look at the date of the comment, weepy ... at that time it was not so clear the scam and paid normally. I lost money here and I'm not crying 24 hours like you (which allegedly has not lost anything). Admit it ... you're a vagabond bitcointalk 24 hours always looking for things to controversy. Weepy.
Yes, I looked at the date. It was very clearly a scam at that time. Your post was actually in response to people telling you that it's a scam. You chose to shill for it regardless. Now you're yelling at shills. Make up your mind. I'm sorry, but I'm not following you. Are you saying that there's a law in my jurisdiction that says my local police force won't regard fraud as fraud unless I pay scrypt.cc anything they may have paid me? I'm sure that can't be right, so could you clarify? Ideally, could you point to the relevant legislation/code (doesn't have to be in my jurisdiction, if you point me in the right direction I can probably find locally appropriate legislation).
There are ponzi clawback precedents: https://bernsteinlaw.com/publications-list/investor-beware-what-everyone-should-know-about-clawback-litigation/It's not as simple as Stroto claims though. I never claimed it is simple. I just know a few people who cheered at first hoping for some justice and then later not so much as the taxes moved over themselves. |
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No, what you do is file a complaint explaining that you have lost money to a website which fraudulently misrepresented itself and claimed to be providing a legitimate service which you have since discovered was nothing but a ponzi-based scam.
That will be sufficient for the complaint to be sent to a department which handles financial fraud. As has been said, there are enough cases of these ponzi schemes now being pursued by law enforcement to warrant the effort of making a complain. Particularly so in this case as the website is still live, which suggests there is potential for more people to be defrauded, adding impetus to any investigation.
You might want to add that if someone wants to report or file a complain and it will be actively prosecuted by law enforcement that whatever withdraw they ever made will be eligible for clawback, even more so if they knew about the project being a scam. So if you dropped 5 BTC in and got 1 out, you'll first need to pay back that 1 btc to put in the pile from where your 5 BTC will be paid out. A convenient law that somehow never gets mentioned by the ones that say they should file something somewhere  |
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Is thre a giveaway? So we can try your site
Serious can someone please tell me why every one wants a give away instead of replying normal? Well the freebies always fly around these parts of the forum. it is kind of hilarious. Whenever there actually is a giveaway they will swarm in on mass and when ever the giveaway has ended .... well you'll see the latecomers asking "freebie?" Sometimes even after the obvious scam scam scam accusations there still comes a "freebie?". I'll bet that if there was ever a Disney animated movie of a PennyPonzi there will be a "freebie?" popping up in the credits. |
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no one can yell scam at someone if the risk are advertised. You're wrong. Even if they tell you it is a ponzi 'game' the end result will be the same, the scammer walks away with a 'profit' he steals from the victims he has conned into sending him money. A Ponzi scheme, by its very nature, will collapse and leave the majority of its victims at a loss. The only person guaranteed not to be out of pocket from these scams are the operators who get to choose when and how they steal from their users. Users who participate knowing the truth about these scams hoping to be in the lucky few who might, *might*, get back more than they put in, are basing that hope on their being able to steal from later 'investors', too. Not all of these later investors will realise what they are sending money to, so you can't honestly claim that everybody who takes part knows what they are getting involved in. You forget to mention the monitors that have an even better profit then the operators as they will get payed by said operators to "monitor" the paying status of a scheme and take in a lot of referral commissions while doing so. If a scheme collapses they will have at least 10 other schemes ready for you. |
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I wouldn't call the influx on this subforum actually HYIPs In here I call them pennyponzi's  |
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Okay guys, this thread has had enough attention, let it die now ...
It has attention because the admin just made the lamest scapegoat attempt in the history of this forum. Not only that, this thread is nominated for the funniest endings of a Ponzi in Investor-based games for the year 2016. reading all this is .... hilarious |
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Shouldn't this be just in the gambling section?
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Dont get blinded by OP, its the decision of smit1237 alone to withhold your coins.
Yup couldn't agree more. |
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OMG!!!
AGAIN and AGAIN!!!
1. Mexxer remove his vote.
2.We wait for the payout.
3.If admin does not pay us, we will make him red.
4.END!
Is the only way and ITS EASY TO PROVE IT!!!
it's the easiest solution and im not sure why others will not think of this. I can make it easier: 1. We wait for the payout. 2. If admin does not pay us. 3. END! less steps, no outside variables that we are depending on, shortest line, it is easier and no need to be busy with useless trust |
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ok for starters I don't care about your trust...makes no difference on whether on my profile.
My reasoning is that if he removes his trust I continue with the reputation built. With my reputation ruined he's only affected you all as well as me. Paying you all out will not get his trust removed, will it?
you think I predicted that he would add his trust today and decide to scam? What a load of crap, it makes no sense.
I told your collegue Magnificanto when he said that he would open a new thread when BitEnlarge was actually starting after the one asking what kind of project we would like it wasn't a smart idea to use an account with positive trust in it as all projectmanagers in this section wil get negative trust. It is just how it is. Hell your collegue even got negative trust for asking what projects we would like. I also said in the previous thread that Magnificanto could have opened the topic without worrying about the trust. But you chose to use a trusted account anyway. Paying us all will not remove his negative trust, not paying us all will not remove his trust but it will make sure there will be less (if any) users in the future. These project always walk on a thin line and easily collapse due to stuff like this. The only way (if ever) to remove negative trust is to show he is wrong, not the other way around. It is just like life, trust takes years to build up but can be removed in an instant. So start building. |
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What have I to do with mexxer? And who cares about trust anyway unless you are giving a loan? There are just a couple of hit and runners with the trust system here that make the whole system of trust obsolete. |
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wtf??you still fuckin alive?everyone here know youre fuckin scammers!!!refund our money back assholes!!  I thought some was a little off when reading this... GO FUCK YOURSELF ASSHOLES!NOBODY WILL INVEST IN YOUR FUCKIN SITES IDIOT!!FOR NEWBIES DONT YOU DARE INVEST WITH HIM OR YOU WILL NEVER SEE YOUR MONEY AGAIN!! And there we are the famous caps from nethack But on topic on this off topic I guess the socialbitcoin didn't scrape enough satoshi last round for the owners |
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What is with al the red? at least try a different color once in a while
Red is the color of danger that is the reason why red is used when telling someone about a scam. red is also the color of the lipstick she was wearing I get the basic principals of prime colors don't worry. But when all freebies are screaming in red it tends to lose the warning symbolism like a traffic light in a redlight district does. |
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What is with al the red? at least try a different color once in a while
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Obvious ponzi is obvious. How many of you know that participating and hosting a ponzi is illegal? Good luck idiots.
I know that.I even know what clawback is. |
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snip
True, We will change some things maybe with a value of your share. That means you have 1 share with a value of your invested money. But we are thinink about this. So that would mean that trading of shares will not be possible in the future? Anyway it would be nice to get some updates of your plans when they are developing. Good Luck |
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Hello guys,
We are gone for a little time but we will come back. Our investment is stopped. Nobody can invest. Our shares will changes in real shares soon. I speak about a few months. Then everyone can earn. There are now a few shares who people have. But this are all the shares. There are no more shares available.
For the people who not get there shares we will confirm it if we can. Please send us a message about it!
With kind regards,
BitcoinShares
Nice to see some action here. So the shareholders from a while back are the only shareholders atm? |
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why buy what it is free on GitHub? Hopefully that script is incomplete, full of problems and bad coded. That was meant for experimental and test purposes, not meant for live public as sometimes happened. Moreover the script isn't that user-friendly and only who knows some PHP, Bitcoin and web server's basics is able to set it up. Hurray, less cheap scams it is.. but for 'educational' purposes it is good enough |
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why buy what it is free on GitHub? |
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