I would like to know about them to educate myself and as well as the readers of thread to be aware of various forms of scams and stay clear of them,
to start with, i heard of a guy named
Pirateat40 who was a ponzi owner
from Bitcoin wiki page
Pirateat40 (called Pirate) , Trendon Shavers, was the operator of the largest scam in bitcoin history: he operated a ponzi scheme which initially promised a guaranteed a daily profit of 1%, and then disappeared with an unknown amount of bitcoins in August 2012. Thoughts were that the amount was about 500,000 bitcoins, valued around US $5 million at the time. These amounts were soon quashed once investigators realized a large hoard of coins found in their analysis did not belong to Pirate, but instead to a black market website with which Pirate used to mix his funds to hide the actual amounts he had held/stolen.
SEC (The U.S Securities and Exchange Commission) charged Trendon Shavers with defrauding investors in a Ponzi scheme.
If you can get different guys name and brief detail of scam, we can understand the evolution of scams in the forum and will educate people to not fall for such scams or trust them with their money.
List updated by forum members:
Old master list:https://bitcointalk.org/index.php?topic=576337Self admitted third rate scammer:https://bitcointalk.org/index.php?action=profile;u=383866shamelessly confesses and takes pride of his scams in the thread.
James Volpe HYIP scammer:https://bitcointalk.org/index.php?topic=1046791.0The scammer James Volpe has created a large number of HYIP's that ended up scamming after enough people put money in them. (100 btc+ guesstimate)
Suppa (Crazyrabbi) Loan scammer:https://bitcointalk.org/index.php?topic=575743.0A serial loan scammer takes loan from one to pay another to ultimately scam big with his reputation.
Common paypal scammer:https://bitcointalk.org/index.php?action=profile;u=115754Asks people to send paypal funds first for his btc saying it can be charged back as well as fakes Bitcoin transaction with photo-shopped images etc, and evades after receiving paypal funds.
Beware of these people and various scam tactics.