'He listed mining hardware up to almost 30% above list price, included shipping costs as assets, doubled some share prices, etc. ABM is just an example, if you go over Usagi's spreadsheet, you will find almost nothing but numbers that are similarly detached from reality, although not all of them are quite this extreme. Usagi needs to inflate his bubbles. BMF shareholders have apparently paid over 500 BTC to CPA for this insurance, but they  are getting nothing in return for it. CPA (ran by usagi) has refused to pay out BMF (ran by usagi) for reasons he is not disclosing. At this point, I fear this is more than just about lying and misleading, and Im beginning to fear this whole thing is a scam that goes a lot further than what I described here. I have many other red flags pointing in that direction, but I will give usagi a chance to explain first before I list them here. But IMO, the above alone would be enough to put him in jail in any regulated market. Identifies himself as Oliver in the first post, but constantly signs with Serena. One of the above is a lie. He has earned a scammer tag for misleading his investors too many times. It's like Usagi is mad at you and others for trying to kick over his or her house of cards. To be fair, even if we prove nothing from this thread at least we have a place to discuss Usagi's securities. I'm going to deal with two seperate incidents where there is a clear indication of usagi acting against the interest of one group of shareholders in favor of shareholders in a different company also managed by usagi.'

'They paid for something - and usagi should have ensured they got that something (and is the only person in a position to honour that insurance).  Instead they're just paying 5 BTC a week to CPA for absolutely no gain. It's absolutely clear from the contract and the context in which it was introduced to investors what this insurance was against.  Yet usagi has refused to ever claim on it. I think we all know that if your appeals to the mods had any merit, Puppet and any other name that you drop would be gone from the forum. The reason why is obvious - there's no explanation it can give which would be at all credible.  I half expect to see the contract vanish from its website to be honest - though wondering just what usagi could replace it with that would be at all credible. Oh - and how DID you get more yes votes than have EVER been in circulation?  You didn't by some chance transfer unsold ones to yourself to vote with (then send them back) did you?  I asked nefario about that particular nasty little trick a while back (by PM) but got no answer - so assume it IS possible for a company owner to generate as many yes votes on a motion as they like. If Usagi is not getting a scammer tag for all that bs, then whats the point of this forum in the first place? Do we really need to wait until he has wasted all the coin on who knows what or cashes inn and runs? Sure, then we can cry here and confirm that BTC community got fucked once more. Just about every other question raised, usagi will try to bluster around with an explanation that (often) doesn't make sense - but at least is an explanation of sorts. So, does usagi know something about FPGAMINING that you dont, or is he just buying up distressed shares that he already owned to temporarily push up GLSBE prices to inflate his book value (and even then doubling that value in his books like he does with most things anyway)? Lets see if Usagi even denies doing those trades before I provide further evidence.'

'While no proof or even evidence of scamming, I did a quick back-of-envelope calculation to get an idea of the size of this unfolding trainwreck. The more evidence I see, the more convinced I am that usagi is not incompetent but is acting with the criminal intent to steal funds from investors. When I first met usagi, I thought it was an idiot. When it made CPA, I was pretty sure it was a crook. Now that we're starting to look more deeply into the books, I'm quite certain that usagi is a crook. Usagi keep lying to forum readers and publishing unreal NAV's. And now he is really busy deleting (forum mods deleting for him?) questions from forum threads. I was reading the threads when Usagi had turned out to be pulling a lot of shady tricks and unethical business practices (circular investing in his own funds to control the price and inflating his value shamelessly with imagined numbers) and looking back over the old threads they have been scrubbed. This forum is probably the worst thing for Bitcoin right now. He is a cancer for this forum.'

'Oliver Richman, know troll in mailing lists and forums, is about 40 years old and not a single bank trusts him with a CC? As you probably know, usagi (Oliver Richman) is following me around the forum like a pervert.  And only because I (and multiple others) pointed out that he is incompetent. Guess what, he is not only incompetent but he is also mean spirited nuter with long history of trolling. Time for the scammer tag. We also need hero tags for the people who trolled this fuck. I'm sure the time for a scammer tag has long since passed, and the time for a hasty exit before the cops get here has since arrived. I'm sure the deletion of posts is in response to the likely investigation by major governments' securities regulating agencies (SEC/FSA) - wouldn't want to leave any evidence lying around. Usagi is another version of Dank - the trolls will consistently bomb the threads for us. He already deserved a scammer tag imo and if Maged was not sure at that point, I agree that the deletion of his posts should now convince him. Applying for reconsideration of the scammer tag for usagi. 1) usagi has been misleading his customers in the past in various fraudulent business schemes. Even if it were the case that this was not enough for a scammer tag, he now: 2) has deleted about 1000 of this posts to remove the evidence. 3) does not want those posts to be restored. Something else to be considered: 4) he has a VIP label and should therefor be under extra scrutiny. 5)  Is back hawking a new business venture in this community despite there being unresolved issues surrounding his past ventures.  If the point of the scammer tag is to warn people against dealing with those who have an unsatisfactory record when it comes to meeting their obligations, then this is exactly the kind of situation in which it can be useful. 6) Voting as a shareholder with interconnected stocks and personal shares. 7) Usagi first promised then rescinded on Bakewell insurance saying that it would be refunded at first if Ian wanted, then if the shareholders voted for it. 8) BMF's CPA insurance plan, usagi failed to properly resolve a conflict of interest.'

'This is also when usagi started defrauding nyan investors (which I never got around to posting about) by making interest free loans to CPA (dressed up as holding YARR shares for the books).  At this point usagi is attacking me instead of what I'm posting, and in fact skipping over entire chunks of my posts just to pull out parts where I come right out and say I'm trolling him. On that note why isn't usagi getting a scammer tag for personally deleting every bit of information about his businesses?  I'm not even a shareholder and I'm finding it inconvenient.  I can only imagine how much his shareholders have been screwed over by his action. Usagi however is bush league, there's dozens that did the same exact things he did except they had the common sense to keep quiet. I think there's another very big reason why usagi hasn't got a scammer tag.  Look at the record of who does and doesn't get tags - pretty much without exception tags are only awarded to people who don't ste up and attempt to defend themselves in the complaint thread against them. We have an example of a high volume posting troll being banned in Rarity ... I wonder if Usagi is nearing that territory. It is easily observable that Usagi is not attempting to contribute in the community and visits the forum strictly to stir up shit. Similar to Rarity. The tipping point I believe with Rarity was bringing false scammer claim up against Dank. Similarly Usagi is making baseless and malicious accusations now. The same actions Usagi took with CPA and BMF are what Usagi calls me all kinds of names over. What a nice way to lure newbies in to your bullshit projects and scam them for coin. Good job usagi, honest indeed. You deserve the scammer tag only for this. Newbies must be warned of you and this is the best way to do it.'

'Apparently usagi's now selling off FPGAs bought using BMF funds on behalf of BMF shareholders and using the proceeds to repay the "liquidity loans" he took out for CPA, presumably because he offered to make himself personally liable for those loans but reckons he can tell the BMF shareholders to go screw themselves. That's gotta be fraud, surely? Of course this is not a "company" in any meaningful sense of the word so there's really not much to stop usagi "liquidating" his ventures any way he wishes. The contract never said anything about preferential shares. Using BMF assets to pay off a separate company debt is a scam. It is completely dodgy but it's what happens when you have these toy companies where there is no restraint on the founder/CEO/whatever acting entirely out of self interest because you can't oust someone from control of a company which doesn't actually exist.  "Shareholders" have no power in these toy companies. I think usgai genuinely believes having most of the shares allows you to steal from the remaining shareholders - it actually it believes it has that entitlement and that there's nothing wrong with doing it. If you don't follow this plan in the real world, you end up in court, usually jail. Yes that is the case and there is no evidence that a "secured note" exists. As a CPA shareholder I certainly didnt sign such a thing that would make usagi have first rights on any assets. If usagi is unable to provide proper accounting, it is reasonable to assume that he is bankrupt. As a CPA shareholder I demand to see the books right now. Consider this a letter of demand and if you havent produced the books in 21 days you will be considered insolvent. Also where is Usagi's company registered so people can serve legal papers ? This is pretty much a requirement in most countries. I'm still going on the assumption that there is no official record of his ventures as registered legal entities, which strongly suggests that his "contracts" created an assumed trust, and that said trust is now under liquidation. Usagi stated that intent himself. It wasnt like some accused him of doing it. He said he was boxing up assets and paying out one creditor over another. usagi has provided no evidence that he had a secured interest in the mining equipment (which doesn't come about purely because he's the major shareholder in BMF or because his name might be on the receipt for the equipment). He needs to explain how that secured interest was created and how he's legally a secured or preferential creditor of BMF. But if someone has a look in the last posts usagi made on that topic before GLBSE died (posts ofc are now deleted) you'd find that usagi was at the stage of admitting that the BTC was in theory owed and actually talking about various ways to address it - including CPA returning its shares in BMF to BMF.'

'Yeah, in recent (last week or so) discussion about the BMF insurance thing the issue came up of my accusation that usagi lied when saying that the policy was publicised and voted on by BMF shareholders (remember, my accusation was that BMF were defrauded - not that CPA was). It's also the easiest one to prove - as all the facts in it have already been admitted by usagi (basically ALL my evidence is usagi's own posts - plus the presence on blockchain of premiums but no insurance payout).  And the (now deleted) posts right before GLBSE shut down (like same day) had reached the point where usagi was admitting liability but arguing against BMF enforcing it as it would hurt CPA.'

Can you only ask questions? Where are your answers? Why is BMF not a victim of usagi's fraudulent business if the insurance contract is violated?

There are many clear posts outlining exactly why I feel you deserve a scammer tag, providing clear evidence of those claims. I'd be happy to respond to an answer to these claims that is made with evidence besides "usagi says it so it is true". Make it simple. Make it cut and dry. If you cannot do this, you should probably stop making an ass of yourself on these forums.

No.

Edit:  Quoting this before you delete it, it illustrates the point I was trying to make very well. Thanks.

I don't usually waste my time with people who have very little to say other than to call others trolls, stupid fucks, ignorant, dismiss well thought out posts with oh so witty one liners, whatever else you've been doing.

Many people have said I should not respond to trolls.

If you want to throw temper tantrums and act like a child that's fine, but don't expect adults to do you any favors by wasting their time wading through it to actually get to the facts of the matter.

This is a dangerous assumption.

The threads where I've made decisions are usually much more readable.

Badbear in particular has said I am a scummy fuck because of what others have said about me.

I don't know why you always post that way, but I do have better things to do with my time than read that kind of nonsense.

He inserts himself into threads he has no business in to slander me and troll me.

This isn't a job, I have no "duties and obligations".

If we assume his intentions are good then badbear and maged are prime examples of why I cannot ignore these trolls and must make a full response.

I don't owe you a thing, and if you want others to spend their free time actually reading threads like these maybe you might want to tone down on the histrionics, ad hom attacks, and stop acting like a petulant child making demands of others.

Because the actions of these people is wrong and irresponsible and causes me direct financial damage, despite there being no actual proof I am a scammer.

Or not, up to you.

Well gosh since you brought it up...not getting a scammer tag doesn't mean you aren't a scummy fuck, and anyone dumb enough to give you more money probably deserves to get ripped off.

Yeah he deleted most of his older posts. I'm guessing it's not because he's an honest, upstanding person with nothing to hide.

I never said you don't deserve one, just that you didn't get one, big difference. For a "teacher" you seem to lack reading comprehension. And if not having a scammer tag is the only criteria you use to judge if someone is trustworthy, then that's just another sign that people shouldn't give you their money, it shows a lack of judgement and critical thinking. You seem to be lacking in many things.

I'm not surprised that you're trying to have me removed from the thread and fired for speaking the truth though, it matches up with your character perfectly.

No, you're right, scammer tags aren't given if no scam is committed. If his allegations are true, only thing Usagi lost is time, and that isn't worth a scammer tag.

It's also not likely anyone will receive a scammer tag for not returning the double payments Nefario made. If only because doing so would require trusting Nefario and his data, and he's already shown himself untrustworthy.

I do understand the arguments about not giving the scammer tag because of being under legal pressure, however I think some are viewing the scammer tag the wrong way. The scammer tag is not "You need to do this even though it may or may not be illegal". It's not about about dealing justice, or punishing people, or forcing people to do anything. The scammer tag is "He made x agreement, he can't or won't keep it". It's a warning about those who make promises they can't keep, and there's a lot of those around here.

IMO a scammer tag pretty clearly fits the situation, on the other hand he's a longstanding member (year and a half), has fairly good rep, and this is his first and only real incident. Have there been other incidents? Does he have any other investments?

Why yes, I do have opinions, thank you. I am a person after all.

It is a little funny though, the last person to make claims that the moderators shouldn't post their opinions was Imsaguy, who was defending Pirateat40. About a month before Pirate defaulted.  

I don't usually waste my time with people who have very little to say other than to call others trolls, stupid fucks, ignorant, dismiss well thought out posts with oh so witty one liners, whatever else you've been doing. If you want to throw temper tantrums and act like a child that's fine, but don't expect adults to do you any favors by wasting their time wading through it to actually get to the facts of the matter. The threads where I've made decisions are usually much more readable. I don't know why you always post that way, but I do have better things to do with my time than read that kind of nonsense.

This isn't a job, I have no "duties and obligations". I don't owe you a thing, and if you want others to spend their free time actually reading threads like these maybe you might want to tone down on the histrionics, ad hom attacks, and stop acting like a petulant child making demands of others. Or not, up to you.

I claiming that the terms of the contract between BMF and CPA were violated because CPA did not pay out to BMF.

Now I ask you and usagi if you agree. And if you disagree, to explain why.

Do you agree that the terms of the contract were violated? If not, why not?

I just said I can't do that, only admins can. I'm not an admin. 

I'm not theymos, but no.

How were you contacted? by phone, email?

(...)

BMF has fulfilled its contractual obligation to pay CPA for insurance.

This can be verified here: https://blockchain.info/address/1EGXZ8kPwEeomiepZwwZayZYdH5nQTkc1f

The terms of the contract state that CPA will pay the insured amount to 1N9xQivX5yEYXafjJfeQYtSiq1iT6h9sek

CPA should have paid, but has not.

That can be verified here: https://blockchain.info/address/1N9xQivX5yEYXafjJfeQYtSiq1iT6h9sek

There is a PGP signed contract between BMF and CPA (https://i.imgur.com/txcgV.png)

One piece of consistent evidence for the scam accusations is that BMF paid for insurance and CPA didn't pay out.

This is why I didn't want you to get involved. You are not the first person who has asked for evidence or a victim. BCB did too, as did various people over the last 4-5 months. No evidence exists and no victim.

Do you have evidence that there are no such claims?

Either way it has been argued that this is not relevant to any of the scam accusations. If you don't want to refute those arguments, stop asking the same question.

Argument from ignorance
http://www.fallacyfiles.org/ignorant.html

And you can find the answers in the posts above. If you have no further argument stop asking the same questions over and over again.

You are repeating the same question over and over again.

It's called an argumentum ad nauseam or argument by repetition
http://www.logicallyfallacious.com/index.php/logical-fallacies/50-argument-by-repetition

(...)
It's not hard to understand.