BOUNTY: kingkatari - default on loans

[fbastage]

I lent kingkatari 31 btc on 8/5/2012 at 9% per month, to be paid on the 10th of each month in an amount no less than $60 USD.  I believe 2 others made identical loans to him on that date.  his current balance with me is 36.8311 btc.

he solicited the loan and the terms were his idea.

Not only has he disappeared, missing 2 payments (100% failure rate), with an implausible story about getting hit by a semi truck and being in the hospital (his 'wife' logged onto IRC to reveal this), but he does not respond to emails or phone calls.

I see he is active again on bitcointalk and his twitter.

people should be aware that he is a scammer.

Nicholas Lee Gould
813-367-7534
11209 Sarajoe Bright Pl
Seffner, FL 33584

[1714170855]

1714170855

[starsoccer9]

I can vouch for this i had a loan with him aswell he owes me 31btc and techinally his car since he hasnt paided

[fbastage]

Another month, another no-show, no-pay.

current balance 40.145899 btc.

[Phinnaeus Gage]

Hit by a truck! Damn, thats gotta hurt. Hopefully he's not a drywaller like I used to be, otherwise he'll never be able to work again.

[Aahzman]

"I used to be a trustworthy bitcoin borrower, but then I took a semi truck to the knee..."

[Phinnaeus Gage]

"I used to be a trustworthy bitcoin borrower, but then I took a semi truck to the knee..."

"I used to be a professional truck driver, till the day a drywaller crossed my path..."

[fbastage]

bounty available:  25% of debt (current total: 40.145899 BTC)

kingkatari owes me 31 BTC principle + 9.145899 BTC in interest (and 9% more each 5th of the month)

I would like to recover 75% of the total debt, 25% is yours.

I believe he has mining equipment that you might be interested in, in lieu of BTC.

[starsoccer9]

I will also match fbastages bounty with the same money that he owes me

[Gladamas]

KingKatari also owes me 31 BTC + 9% interest/month with the same terms as fbastage's loan. I will match fbastage's bounty of 25%.

I got a slightly different number after calculating interest: 39.44126280 BTC owed ( 31*(1.09^2.79452055), the latter number (2.79...) being the number of months since my original loan on August 4, 2012.)

[Aahzman]

Hit by a truck! Damn, thats gotta hurt. Hopefully he's not a drywaller like I used to be, otherwise he'll never be able to work again.

If yer in the Greater Toronto Area and lookin for some off-the-books work, I might have some stuff needing done at the condo i just bought... you may not be able to work full time/pro any more, but i'm sure you can still swing a screw-gun, trowel and mud float...

[fbastage]

bounty has just gone up, as of 11/5

bounty is 25% of this 43.75902991 debt:

date	amount	description	balance (btc)	price of btc
8/5/2012	31	initial balance	31	$10.90
8/5/2012	2.79	interest @ 9%	33.79	$10.90
8/10/2012		missed payment. in default. amount due: $60 or 5.263 btc	33.79	$11.40
9/5/2012	3.0411	interest @ 9%	36.8311
9/10/2012		missed payment. in default. amount due: $60 or 5.381 btc	36.8311	$11.15
10/5/2012	3.314799	interest @ 9%	40.145899	$12.80
10/10/2012		missed payment. in default. amount due: $60 or 5 btc	40.145899	$12.00
11/5/2012	3.61313091	interest @ 9%	43.75902991	$10.83
11/10/2012		missed payment. in default. amount due: $60 equivalent	43.75902991	$10.95

[Distribution]

What's the total bounty offered on his defaults? He owes me money also.

[BCB]

If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.

[jasinlee]

Are you certain his information is correct? I can see what I can locate.

[Distribution]

Are you certain his information is correct? I can see what I can locate.

That's the same information where I mailed a video card.

[fbastage]

how recent was the video card sent?

Right before he disappeared he was allegedly in the process of moving.  that was one of the reasons for needing the loan.

here's the information relating to my loan (log of agreement) and various bits of info I have found: http://pastebin.com/ijFAP2zk

[fbastage]

If someone wants compile info on amounts owed and agreements etc.  I might be interested in taking a look at it.

Thanks.

I was one of 3 people that gave him nearly identical loans of 31 (terms may vary slightly), so the amount owed is approximately 3 times what I have listed (star soccer and gladamas, though they may be accruing/calculating interest slightly differently).

Each of us has offered a 25% bounty on amounts recovered.

This is not including amounts he owes Distribution or other people.

[BCB]

Great.

Post or PM the docs.

(PM, email, phone, address, license, etc.)

Thanks

[fbastage]

Great.

Post or PM the docs.

(PM, email, phone, address, license, etc.)

Thanks

linked above (pastebin)

[BCB]

fbastage,

Nice work

http://pastebin.com/ijFAP2zk

I didn't even see that link.  That's good stuff.  Post that here in the thread with links.  Makes it Googleable.