Trendon Shavers goes to jail for 18 months

[Bitsky]

Pirate walks the plank it seems: http://www.bbc.com/news/technology-36865208

[Karpeles]

What was his name here in the forum?

[BigKobasica]

Share this text down to destroy scammers.O dont know why only 1 scammer per 10000 is going to jail.So 0.00001% scammers will go to jail.

Public Service Announcement -
This is just another Ponzi/Pyramid Scam
Do Not Invest!

Those who choose to post of their participation
support or encouragement for this scam will
be tagged with negative trust for proving
they wish to help the scammers operate this
Ponzi in return for a share of the funds stolen
from other users. Thereby proving they are not
trustworthy forum members.

YOU HAVE BEEN WARNED!

[unamis76]

I guess the Universe had to balance itself, since Karpeles and Shrem are out

What was his name here in the forum?

He's pirateat40. One of the few who have the "OldScammerTag"...

[CoinBreader]

i just take a look on the forum threads and i just found that
Quote from: payb.tc on November 05, 2011, 04:13:23 PM
- min deposit is 50 btc, what is the max deposit that you could still afford to pay interest on?
- is there any minimum term, or can i just deposit for 1 day, take my 1% and withdraw?
- does interest compound daily, or only accrue on the principle?

thanks.


min depo 50btc !!!! back then bitcoin worth 2.9$
such moments you just want a time travel machine !!
* He transferred at least 150,649 Bitcoin to his personal account at an online Bitcoin currency exchange*


anyhow and justice for all !!!

[Gwapo]

This is definitely a positive step taken by US martial in order to curb the inhumane actions done by him.
Those promised high returns to those who backed bitcoin-related investments worth nothing to him now.

He is similar to Sergei Mavrodi. But more intense.
Look at how he bought a BMW with $220,000. Just pathetic!

[calkob]

sounds like a bit of a scum bag, he wont be missed.  anyone that can do that on other deserves no sympathy

[Shiroslullaby]

This is a really good thing.
It shows that you can actually get in trouble for defrauding people out of bitcoin.
So many scammers know that they can stay anonymous on the internet, and transfer some BTC to an anonymous address.
It's very easy to scam some money in this area, so its no wonder so many fraudsters are attracted to Bitcoin.
At least one of them got caught and got more than a slap on the wrist.

[LFC_Bitcoin]

I wasn't involved in bitcoin back then but I was aware of what he's done after a bit of research.

Looks like justice has been done & I don't think anybody will miss him whilst he's away, nobody here will any way.