Find Trendon Shavers in person thread... [BTCST, BTS&T, pirateat40]

[CharlieContent]

But he can still use safe deposit boxes.

Do you honestly think he got away with money to warrant a safe deposit box? I feel like it's more likely "cigar box buried in the garden" money rather than "I'm renting a vault in Fort Knox" type of cash.

I dunno how it works in the US, but here in London safety deposit boxes aren't cheap! We're talking over £1000 a year for anything of a decent size. I have one myself but it's mainly for insurance reasons. I have a few items that would cost more to put on my home insurance policy than keep in the box. If I had lots of illegal cash that I couldn't insure anyway I'd probably just keep it in a locked drawer at home, especially if no one knew about it.

[BCB]

It's not cash in the box.  It's assets purchased with the cash.

[SebastianJu]

This is incredible. Yet another scammer makes it out alive with a lot of money.

Even when he has a million now... what can he do with it? Nothing now i think. Because when he will start to buy expensive cars and similar the tax-agency will come and ask wheres the money from. So at the moment he cant do anything with it. Maybe he will at some point move to another country and spend the money there. But at the moment he maybe is rich... but poor at the same moment.

If he actually does have a million dollars then he could easily do a lot of cool stuff with it without arousing suspicion. It would be a shame to have a million without being able to spend it on property or investments, but he could still do all the fun stuff, vacations, clothes, nights on the town, and pay his rent with it it as long as he can find a landlord who will accept cash (not difficult if you're happy to live in reasonably modest accommodation)

Of course he might also have a laundering strategy, who knows?

But i think when he does all this stuff like vacations, clothes, spending much money at nights there will be for sure someone that is yellow from enviousness. It would be strange for him to see that someone unemployed? or with a small job? does have so much money... and the tax agency is called fast having questions for him. I think he cant do this. It would mean a risk. And i doubt he would take this risk so easily.

[CharlieContent]

It's not cash in the box.  It's assets purchased with the cash.

Like what?

[CharlieContent]

But i think when he does all this stuff like vacations, clothes, spending much money at nights there will be for sure someone that is yellow from enviousness. It would be strange for him to see that someone unemployed? or with a small job? does have so much money... and the tax agency is called fast having questions for him. I think he cant do this. It would mean a risk. And i doubt he would take this risk so easily.

No way. As if one of his buddies is going to call the IRS on him! You must live a very suspicious and lonely life.

[jcpham]

Withdrawal address: 1AsKbn1xD5QieiS6dpaC6kKmg3EjW22qup
Deposit address: 1Bkk6QCL5PebNv5n4fog5E9JkkEKQeQjc1

This particular account was opened as a direct referral with a 65 BTC deposit on February 24th, 2012.
on or before August 1st, 2012 1000 undocumented coins transferred to a trust account to take advantage of higher interest rate!
intra account-to-account transfers within the BTCST system/website were not documented on the blockchain, they were a sql row in a database.
~600 coins left in personal account at time of default.

The reality of what was _actually_ gained/lost is documented on the blockchain.

I do not plan to see any of this again. I had no dealings with any passthrough or glbse bond at time of default.

I've lost much more in actuality since the BTCST default because of the downstream nature of this. Like many predicted early on, the loans based on confidence alone were scheduled for collapse.

[Coinoisseur]

He's currently selling his coin for cash in the mail.

Yeah that sounds about right to me. I can't really imagine any other way he could get hold of it. He can't let it touch a bank account, at least not in any quantity.

Apparently that's how most of the Silk Road dealers cash out. They get a 500 euro bill in a birthday card on a daily basis.

I wonder if anyone here sells coins for cash like that on SR. The premium over Mt. Gox price is usually fairly large, so I'd imagine someone in the business of selling coin must have considered it.

Well, this was the kind of thing Pirateat40 was claiming enabled him to pay 7% a week isn't it? That he was the one commanding the premium. If there was a core of truth to his experience making these sorts of transactions then I think he had his wind up and cash out phase well prepared. hehe

[BCB]

Say what you like about Trendon Shavers,  He is obviously a very smart guy.  And his seeming elusiveness continues to bear that out.

[SebastianJu]

But i think when he does all this stuff like vacations, clothes, spending much money at nights there will be for sure someone that is yellow from enviousness. It would be strange for him to see that someone unemployed? or with a small job? does have so much money... and the tax agency is called fast having questions for him. I think he cant do this. It would mean a risk. And i doubt he would take this risk so easily.

No way. As if one of his buddies is going to call the IRS on him! You must live a very suspicious and lonely life.

He has neighbours and of course there is someone he doesnt give money. If he would start showing money then you can be sure enviness is arising.
I think its way to risky for him to play on luck on this point.

[BCB]

Someone in his home town reported that he bought his "wife" and a few of his family members brand new vehicles recently and evidently paid cash for them

[lile]

Someone in his home town reported that he bought his "wife" and a few of his family members brand new vehicles recently and evidently paid cash for them

What a waste of money...

[Coinoisseur]

Someone in his home town reported that he bought his "wife" and a few of his family members brand new vehicles recently and evidently paid cash for them

I believe the IRS rewards valid tips. ::wink::

[SebastianJu]

If thats true he isnt as smart as i thought. Or did he found a way to wash the money so that it looks like legit one? Anyway... i would like to see the IRS questioning him... would be an interesting show for sure i guess.

And when Al Capone really broke his neck because of tax... why not here again.

[augustocroppo]

This particular account was opened as a direct referral with a 65 BTC deposit on February 24th, 2012.
on or before August 1st, 2012 1000 undocumented coins transferred to a trust account to take advantage of higher interest rate!
intra account-to-account transfers within the BTCST system/website were not documented on the blockchain, they were a sql row in a database.
~600 coins left in personal account at time of default.

This is impossible.

The Bitcoin network protocol only transfer the ownership of the coins with a connection to the blockchain. Satoshi's core script refuses any reproduced coin in a closed intranet network. Actually, no one owns the coins. All the coins are in the blockchain, the wallet is only holding a digital key to validate the transfer inside the blockchain structure with the support of the miners.

The Bitcoin network is omniscient of all coins which does not belong to the network because it already know the all coins of the network: 21,000,000.

So the your statement is false.

[jcpham]

This particular account was opened as a direct referral with a 65 BTC deposit on February 24th, 2012.
on or before August 1st, 2012 1000 undocumented coins transferred to a trust account to take advantage of higher interest rate!
intra account-to-account transfers within the BTCST system/website were not documented on the blockchain, they were a sql row in a database.
~600 coins left in personal account at time of default.

This is impossible.

The Bitcoin network protocol only transfer the ownership of the coins with a connection to the blockchain. Satoshi's core script refuses any reproduced coin in a closed intranet network. Actually, no one owns the coins. All the coins are in the blockchain, the wallet is only holding a digital key to validate the transfer inside the blockchain structure with the support of the miners.

The Bitcoin network is omniscient of all coins which does not belong to the network because it already know the all coins of the network: 21,000,000.

So the your statement is false.

You are correct and I politely apologize. Let me rephrase it and say that I made enough transfers from within the system of accounting to know it doesn't coorespond to the blockchain and the coins, once inside of the btcst system, are entirely washed as you can see. For example, If I were to purchase or transfer from another account and have those coins transferred to my account. These things happened and were recorded and credited within the system; however only deposits into and out of the system sync with the blockchain. Also, pirate confirmed this on numerous occasions publicly.

[Coinoisseur]

Yes, I think the confusion is whether that additional 1000BTC you claim was additional BTC deposits or internal BTCST transfers.

[jcpham]

Exactly... most of my loss was imaginary interest. Any claims of losses based on btcst accounting are... well incorrect.

[LiteBit]

This is incredible. Yet another scammer makes it out alive with a lot of money.

Ya know... the community, and specifically, this forum is a little dull without a weekly scam coming to light.  They sure do stir the pot and bring the masses all together for once.  Man, what's it been? Like a month or more since the last bitcoin scam? 

[BCB]

If you know Trendon Shavers (www.trendonshavers.com) and you know the make and model of the brand new BMW or the F550 truck he recently purchased on any other assets he has,  you might want to let the IRS know about it.  Any assets Trendon Shavors has or controls could only have been purchased with fraudulent income from his Bitcoin Securities Ponzi scheme.

http://www.irs.gov/pub/irs-pdf/f3949a.pdf
Print the form and mail to:
 
Internal Revenue Service
Fresno, CA 93888
If you do not wish to use Form 3949-A, you may send a letter to the address above. Please include as much information as possible, such as these important points:
Name and Address of person or business you are reporting
The individual’s social security number or the business’ employer identification number
A brief description of the alleged violation(s), including how you became aware or obtained information about  the violation(s)
The years involved
The estimated dollar amount of any unreported income
Your name, address and telephone number*
*Although you are not required to identity yourself, it is helpful to do so. Your identity will be kept confidential.

[Phinnaeus Gage]

If you know Trendon Shavers (www.trendonshavers.com) and you know the make and model of the brand new BMW or the F550 truck he recently purchased on any other assets he has,  you might want to let the IRS know about it.  Any assets Trendon Shavors has or controls could only have been purchased with fraudulent income from his Bitcoin Securities Ponzi scheme.

http://www.irs.gov/pub/irs-pdf/f3949a.pdf
Print the form and mail to:
 
Internal Revenue Service
Fresno, CA 93888
If you do not wish to use Form 3949-A, you may send a letter to the address above. Please include as much information as possible, such as these important points:
Name and Address of person or business you are reporting
The individual’s social security number or the business’ employer identification number
A brief description of the alleged violation(s), including how you became aware or obtained information about  the violation(s)
The years involved
The estimated dollar amount of any unreported income
Your name, address and telephone number*
*Although you are not required to identity yourself, it is helpful to do so. Your identity will be kept confidential.

Info about BMW and F550 was gleaned from where?