Scam Accusations

[Benson Samuel]

Due to the increase in the number of participants on the India subforum, this is the official scam accusations page for Indian suspects!

In the event where there is adequate suspicion, the accusation will be moved into the main Scam Accusations thread. Of course, everyone is free to post directly into the main thread as well.

This is being brought up to avoid unnecessary discussions on a traders thread and to ensure a single page of information regarding Scams accusations.

Please enter the following details:

Name of Suspect:
Name of Accuser:
Reason for Accusation:
Proof links:

And we will follow the process of 'Innocent until proven guilty'.

Any thoughts?

[Benson Samuel]

Reserved for the Name & Status List as it grows:

Name of Suspect: INRBTC
Name of Accuser: Pinwheel
Reason for Accusation: Refusal of Escrow
Proof links: https://bitcointalk.org/index.php?topic=241807.0
Status: Closed

[drdanishkhan]

How about a panel of judges??

[Benson Samuel]

How about a panel of judges??

Anyone can arbitrate. A panel will only weaken the decentralization structure.

Anyone can argue/ substantiate on anyone's behalf.

[NilamDoc]

Hi,

Since last 2 months I was busy and not checking rbitco.in often, so, some users have had issues with their bitcoins. Now I am completely devoted to rbitco.in and will personally see that all users of rbitco.in get their bitcoins back.

You will have to wait for some time, till I check all the transactions and code validity. I have stopped the site for your benefit. I will upload all the data back with a new format and make sure, you get your bitcoins. They are safe.

Assuring you once again!

Nilam Doctor
P.S. You can write to me to my email nilamdoc@gmail.com or Skype (NilamDoc)

[hostmaster]

I think there has to be an index post which includes scammers usernames and linked to accusation this way you know a place to check before go in to any further deals.

[techguy]

I think there has to be an index post which includes scammers usernames and linked to accusation this way you know a place to check before go in to any further deals.

+1

[AMIT DAS]

if i caught any scamer or anytime if i see any scamer what should i do, and if i will be able to caught any scamer what will be my benefit, will i get any reward. please suggest me.  Other wise  we will follow the process of 'Innocent until proven guilty'.

[Harkinson1]

Name of Suspect: Bitxoxo
Name of Accuser: Josh Harkinson
Reason for Accusation: (reposted from Bitxoxo thread)

Bitxoxo is absolutely a scam. And I don't say this lightly. I traded about a lot of money with them in December 2017. It took them a couple of weeks to process my withdraws but they came through. I figured it was a one-time problem, so in March I decided to trade another 6.9 lakh with them. Huge mistake.

They claimed that their bank account was frozen and they could not process withdraws. They made it sound like this was a recent issue, but on Twitter people have been complaining of this problem since February. In the meantime, they keep accepting rupee deposits. How can their bank accept deposits but now withdraws? They are unable to explain this.

When I pressed them, they offered to repay me in bitcoin. I said that was fine but that they needed to give me BTC equivalent to 6.9 lakhs based on current market rates in India. Instead they gave me much less, about 5.85 lakhs. They claimed they had repaid me because on their website they now post a ridiculously inflated exchange rate for buying bitcoins that has no basis in actual supply and demand. It is just a rate that they make up. 

Other people have had the same experience. Again, look on Twitter. You will see me and others posting there. They have blocked me, along with other former customers who have complained.

On Twitter and Facebook they use social media sock puppets that they hire on Fiverr. These are caucasian Americans mostly. Why are white Americans fans of Bitxoxo but Indians aren't? Probably because they are posting reviews for money.

Bitxoxo is now raising money through an ICO. On ICO Bench they claim to be India's largest bitcoin exchange, which is laughably false. One of their advisors is Boris Otonicar, who was banned from ICO Bench because he represented a fraudulent ICO.

It is amazing that Bitxoxo is still allowed to operate and hasn't been shut down by the authorities in India.

[anunauri]

Name of Suspect: Buybitcoin.org.in
Name of Accuser: Me and many others
Reason for Accusation: fake volume, closed der exchange coz of Rbi notification as per dem. Took 3/4 of the invested money of all investors.