A new scammer bounty manager [Bounty Panda]

[albon]

What happened:: One of the new bounty managers, Bounty Panda, cheated and scammed the bounty hunters by not paying the rewards for the bounties he had managed before, such as (PizzaX and Ninja Cats). Also, for his last bounty, CeDeFiAi bounty, which contains weekly payment, he had set the distribution for the first and second weeks to be on April 30th. After he escrowed the allocation and received the funds from the project's CEO, he deleted his official group on Telegram and changed the content and titles of most of the bounty-related topics to remove evidence and escape.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3611905 | FLAG

Proof of Paymen: https://etherscan.io/address/0x93d62bC4D66394FCFC3BAb99cA9FF7B33361c143  

Reference Link: https://bitcointalk.org/index.php?action=profile;u=3611905;sa=showPosts

Amount Scammed: +2,000 USDT [ERC-20 + BEP20]

PM/Chat Logs: https://ibb.co/album/0V7hr0

Additional Notes:
I think that this scammer has a farm of alternative accounts, so bounty hunters must work through reputable bounty managers in the forum with a track record of managing several successful previous projects, It's best to avoid new and unknown bounty manager accounts.

[AHOYBRAUSE]

That's annoying.
I wonder how and why a newbie account like this can manage a bounty campaign like this. I mean how was he chosen, this doesn't make any sense.
New account, 0 trust, no merit, no posts, no activity, nothing.

To be honest, choosing such an account like this looks really odd and makes me wonder if the actual people behind the campaigns chose this account to be the fall guy and get free advertisement.

Of course this is just an image I have in my head, no accusation whatsoever, but it really baffles me this person got to manage 2 campaigns and was trusted by people to escrow funds.

[lovesmayfamilis]

There is another question: how many of these would-be managers are needed for bounty hunters to begin to realize that they are wasting their time? It can be assumed that whoever hired such a manager had a good relationship with him, and his entire scam was planned in advance. We are waiting for the next new manager who teaches hunters to be smarter.

[Little Mouse]

That's annoying.
I wonder how and why a newbie account like this can manage a bounty campaign like this. I mean how was he chosen, this doesn't make any sense.
New account, 0 trust, no merit, no posts, no activity, nothing.

To be honest, choosing such an account like this looks really odd and makes me wonder if the actual people behind the campaigns chose this account to be the fall guy and get free advertisement.

Project don't know how this bitcointalk environment works. As a result, they end up picking the cheap manager who will of course be a newbie guy targeting scamming the project. That's how they get trapped. I have been in discussion with a project which is offering me $100/week for managing a campaign lol. While I would not even manage the campaign if it's $200/week. They aren't even close to what I'm expecting.

If you take a look at all the campaign manager scams, you will find almost all of them are newbies. Neither a professional campaign manager would scam, nor they would work with such low payment. This is pretty much understandable.

[CryptoHeadlineNews]

What happened:: One of the new bounty managers, Bounty Panda, cheated and scammed the bounty hunters by not paying the rewards for the bounties he had managed before, such as (PizzaX and Ninja Cats). Also, for his last bounty, CeDeFiAi bounty, which contains weekly payment, he had set the distribution for the first and second weeks to be on April 30th. After he escrowed the allocation and received the funds from the project's CEO, he deleted his official group on Telegram and changed the content and titles of most of the bounty-related topics to remove evidence and escape.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3611905 | FLAG

And the funny part of this story is that the alleged scammer is just a newbie whose account barely two months old. Because this kind of look suspicious to me right now, and I'm thinking how sure are we that this alleged bounty scammer is not the same as the CEO of this two projects O.P just listed above, who just wanted his project to have an online exposure through bounty, and then act as if he is innocent, while the bounty manager to be blame for not paying it's bounty participants. Because if we are to critically examine this, I doubt if there will be any genuine project who will hire someone who has got no experience/reputation and also new to the forum for promotion.

Because I think there is more to this that is not reviewed to the public.

[Rikafip]

To be honest, choosing such an account like this looks really odd and makes me wonder if the actual people behind the campaigns chose this account to be the fall guy and get free advertisement.

Problem with your theory is that he actually managed 3 different bounty campaigns meaning the only way it would work is if same people were behind 3 projects. Then again, if same people were behind all 3 projects, they would create new account for each campaign to avoid getting detected.

Of course this is just an image I have in my head, no accusation whatsoever, but it really baffles me this person got to manage 2 campaigns and was trusted by people to escrow funds.

The way I understood OP is that only the last campaign was actually escrowed.

I have been in discussion with a project which is offering me $100/week for managing a campaign lol. While I would not even manage the campaign if it's $200/week. They aren't even close to what I'm expecting.

And after you rejected them, they probably went with someone who charges $50 per week and then we got situation like the one OP described. 

[JeromeTash]

I miss go old days when genuine altcoin projects would look for a reputable bounty manager or reputable member to manage their bounties and also create ANNs. One would participate in a bounty very well knowing they were going to get paid. In fact, back in the day, so many high ranked members would also participate in bounties, but today it's just a board for newbies and account farms.

The scams are rife there. I don't think any genuine project would even waste their time to promote themselves through that board and pay out in useless tokens.

[holydarkness]

That's annoying.
I wonder how and why a newbie account like this can manage a bounty campaign like this. I mean how was he chosen, this doesn't make any sense.
New account, 0 trust, no merit, no posts, no activity, nothing.

To be honest, choosing such an account like this looks really odd and makes me wonder if the actual people behind the campaigns chose this account to be the fall guy and get free advertisement.

Project don't know how this bitcointalk environment works. As a result, they end up picking the cheap manager who will of course be a newbie guy targeting scamming the project. That's how they get trapped. I have been in discussion with a project which is offering me $100/week for managing a campaign lol. While I would not even manage the campaign if it's $200/week. They aren't even close to what I'm expecting.

If you take a look at all the campaign manager scams, you will find almost all of them are newbies. Neither a professional campaign manager would scam, nor they would work with such low payment. This is pretty much understandable.

Additionally, those projects hire these questionable bounty managers for the cheap price they offered because those dev know the project won't be long, or that seasoned campaign manager will not accept to manage their project due to the questionable nature of it. All they need is a small boost of marketing to trap as many people as they can before they left. The project itself is a hit and run projects, thus they're looking for the cheapest marketing available.

I mean... really? 15% daily?

[albon]

Additionally, those projects hire these questionable bounty managers for the cheap price they offered because those dev know the project won't be long, or that seasoned campaign manager will not accept to manage their project due to the questionable nature of it. All they need is a small boost of marketing to trap as many people as they can before they left. The project itself is a hit and run projects, thus they're looking for the cheapest marketing available.

I mean... really? 15% daily?

LOL, this is a good catch, holy. These daily returns do not seem logical at all, in addition to the project’s interface, which resembles phishing sites.

These inexperienced and greedy bounty managers are the ones who accept any marketing offers without doing their research or evaluating the quality of any project they promote. They have nothing to lose. All this new BM does is create a topic for the bounty and then contact one of the project owners to present the thread he created to him. Either this project owner pays him, the BM takes the funds in his pocket, or he refuses to pay him. Or it is possible that the owners of these projects may contact him on TG and pay him to be partners in the fraud together.

In the end, the hunters and participants are the ones who suffer, losing their time and rightful payments through their free promotion, and they may lead by their promotions of these poor and scam projects to more victims falling into these traps.

[holydarkness]

Additionally, those projects hire these questionable bounty managers for the cheap price they offered because those dev know the project won't be long, or that seasoned campaign manager will not accept to manage their project due to the questionable nature of it. All they need is a small boost of marketing to trap as many people as they can before they left. The project itself is a hit and run projects, thus they're looking for the cheapest marketing available.

I mean... really? 15% daily?

LOL, this is a good catch, holy. These daily returns do not seem logical at all, in addition to the project’s interface, which resembles phishing sites.

These inexperienced and greedy bounty managers are the ones who accept any marketing offers without doing their research or evaluating the quality of any project they promote. They have nothing to lose. All this new BM does is create a topic for the bounty and then contact one of the project owners to present the thread he created to him. Either this project owner pays him, the BM takes the funds in his pocket, or he refuses to pay him. Or it is possible that the owners of these projects may contact him on TG and pay him to be partners in the fraud together.

In the end, the hunters and participants are the ones who suffer, losing their time and rightful payments through their free promotion, and they may lead by their promotions of these poor and scam projects to more victims falling into these traps.

I'd like to think that it was what sets seasoned campaign or bounty manager with those "wanna-be". They did not conduct a thorough research, blindly accepting projects, incentivized by mere dollars, some even got promised that the fund will be escrowed, so they started the bounty without conducting their own DD or insist that the escrow fund are present.

I catched several of these BM-wannabe in the past... well, actually only one, they just have multiple accounts, created another bounty management once the previous one got flagged by me. They tried to put a counter-measure --after several fiasco-- by only accepting project that will escrow the fund.

One said they will, so the BM happily started the project, and then the project developers did not fill the wallet. Surprised? Well, I am more surprised that the BM-wannabe actually cried to the forum that he got scammed by a project.

My memory is a bit rusty about this one, but I think there was a case where the BM actually stole funds from the participants. The participant list are fake [most likely his own], some that real are banned [after the campaign finished] for complaining on the project TG discussion channel for the long delay in payment, and only few of those participants got paid. Blockchain shows that the BM kept a good portion of the token on his wallet. I can't recall which case was it, though, as I was just an overseer on that case and not the one creating it.

[Little Mouse]

And after you rejected them, they probably went with someone who charges $50 per week and then we got situation like the one OP described. 

No, they have been scammed earlier by an unknown guy lol. Later they reached me to run the campaign. What's more interesting is- such newbie guy convince them showing potential result from the campaign while it's almost impossible to estimate the output. They asked me how much fund they can raise if they run the campaign, I totally ignored that part.

[Nheer]

That's annoying.
I wonder how and why a newbie account like this can manage a bounty campaign like this. I mean how was he chosen, this doesn't make any sense.
New account, 0 trust, no merit, no posts, no activity, nothing.

I just looked into this and i am surprised how a project will trust an account without any form of  trust or reputation at all. It’s ridiculous how a project owner will give a newbie account his project to promote without seeing any encouraging evidence of campaigns promoted in the past. Its just as Little mouse mentioned, the project probably went for a cheaper option neglecting the the possibility of scam, seeking a reputable project manager would benefit a project more and we all know nothing good comes easy so paying an extra dollar will be worth it in the long run.

Wait, what if this scam was well planned by the project owners to create a disguise newbie account to try promote the project and send funds the the so called manager showing every proof of payment to make it look as if they were scammed whereby they control everything and have access to the wallet because it is very difficult to understand how a project will fall for a random user who has no reputation or experience and trust them with such an amount, what reasons would he give or what promises would he make to gain trust without any past record.

Scammers are everywhere so trusting a user online without any prior experience or reputation should be the last thing we should do. And also bounty hunters should carry out research before promoting a project, research on the team behind the project and also the reputation of the manager before promoting a project to reduce the possibility of falling for scam.

[GxSTxV]

I wouldn’t even call this person a bounty manager, he simply seized an opportunity to scam people instead of building his profile in the forum and securing more work and offers. However, he chose the wrong path for himself and get a red flag. Probably, that amount won’t sustain him for even a month, and he will likely try to pursuit the next scam opportunities.
What crosses my mind is, what if the manager himself is a part of this dubious project? Instead of paying the hunters, they could simply shift the blame onto the manager, as he scammed both sides.

All they need is a small boost of marketing to trap as many people as they can before they left. The project itself is a hit and run projects, thus they're looking for the cheapest marketing available.

I mean... really? 15% daily?

The project is simply a shitshow of a Ponzi scheme, the daily returns are imaginary and says everything. It's important for hunters to carefully select both the project and the bounty manager before getting involved and helping a scam to grow.

[holydarkness]

All they need is a small boost of marketing to trap as many people as they can before they left. The project itself is a hit and run projects, thus they're looking for the cheapest marketing available.

I mean... really? 15% daily?

The project is simply a shitshow of a Ponzi scheme, the daily returns are imaginary and says everything. It's important for hunters to carefully select both the project and the bounty manager before getting involved and helping a scam to grow.

They won't care. At least most of them. Those bounty hunters are mostly also there for a quick money, applying for spot without conducting any DD, posting on the forum or other media [Twitter, telegram, and whichever bounty available for application] with low quality post that's borderline spam, and later on, when they didn't get paid, they'll complained.

[Rikafip]

No, they have been scammed earlier by an unknown guy lol.

I guess they didn't learn anything from that, since they were still unwilling to pay for a proper bounty manager.

What's more interesting is- such newbie guy convince them showing potential result from the campaign while it's almost impossible to estimate the output.

I am sure shity managers are willing to promise all sorts of things in order to get the gig.

They asked me how much fund they can raise if they run the campaign, I totally ignored that part.

I have to say that it baffles me that these project owners still think that bounty campaigns are worth the time and money. At least in the way it has been conductet here.

[Little Mouse]

I have to say that it baffles me that these project owners still think that bounty campaigns are worth the time and money. At least in the way it has been conductet here.

It doesn't help directly. It makes their social media handle more active. However, more than 70-80% of the participated users write garbages, copy paste nonsense.
My bad, I think we are going off topic here now.