FRAUD/SCAM ALERT ED TRICE, Liquid Nitrogen Overclocking Inc

[Matthew N. Wright]

He's also posting on his facebook that this picture is of his office in another state.

The more I read his posts the more he really looks like a sociopath (specifically, Pirateat40). He is stealing people's money for the sake of perpetuating his lifestyle and probably believes he deserves it too.

papamoi, let me be the (4th? 5th?) to say you're an absolute idiot for giving this man your money. That said, this is absolutely comedy gold for the rest of us, because this guy is the type of obvious criminal that internet trolls would *pay* to find.

Thank you for discovering him for us. You may never get your money back, but you've given everyone in the world a reason to target him now. He's more of a liar than Pirate, but worse at it than even that FNIB creep who made up having an office and photoshopped everything. This dude is just using stock photos from the internet claiming they come from his life.

EPIC CREEP.

[1714534418]

1714534418

[Matthew N. Wright]

He claims a "strategic new partnership with Derivative Concepts, Inc. as a reseller".

Considering no customer is dumb enough to give him money for his garbage internet sourced images of actual hardware, he's resulted to conning other business owners into doing the sales for him. Time to warn them of their impending "strategic" losses.

EDIT: Apparently there is a http://www.derivativeconceptsinc.com/ owner named Matt Reynolds who is either a real person who was suckered in by him, or is just another faux identity by this Ed Trice creep. I'll try to find some more direct contact info than just his gmail.

[Matthew N. Wright]

papamoi, he is not ignorant of bitcoin, he's purposely scamming you. He's offering bitcoin mining rigs to the general public now at this link.

http://www.liquidnitrogenoverclocking.com/news_21.shtml

April 8, 2013
BitCoin Mining Systems

For those who are aware of the so-called ASIC hardware BitCoin miners that seem to take months to obtain and can't do anything else, how about a high-powered computer system you can use to BitCoin mine also?

 

For those who are unaware of what a BitCoin is, we offer this explanation from the April 2013 opening paragraph shown in Wikepedia

Bitcoin (BTC) is an online digital commodity that is based on an open-source, peer-to-peer encryption protocol first described in 2009 by a pseudonymous developer (or developers) named Satoshi Nakamoto. Bitcoin is not managed by any government or central authority. Instead, it relies on an Internet-based network. The creation of new bitcoins is automated and given to servers or "bitcoin miners" that confirm bitcoin creation as they add codes to a decentralized and archived log approximately every 10 minutes.

If this seems a little nebulous, we agree with you. Ignoring the details, here is what is important about Bitcoin:

Anybody can get involved by simply running "Bitcoin mining" programs that award Bitcoins just for participating in the hunt for them.
The value of just one single Bitcoin could potentially reach thousands of dollars (or much more).
It will become progressively more difficult to be awarded a Bitcoin as time goes on and more "miners" participate in the effort.

Surprisingly, just having a fast overclocked CPU will not propel you to the top of the Bitcoin Mining Heap. In fact, GPUs are better Bitcoin miners than CPUs. Again, without getting too technical, the thousands of so called CUDA capable cores within a high-end GPU can crush a fast CPU with only a handful of cores. And the "best" and fastest video card is not necessarily the best at Bitcoin mining.

There is a great deal of information on Bitcoin Mining as close as your favorite search engine and fingertips, but if you don't want to wade through all of that information, and you don't want to spend thousands of dollars on hardware that doesn't do anything else but "mine," continue reading.

Because the process of mining involves operating on secured data at the "bit" level, you will see the units of "speed" mentioned in terms of Megahash/second or Gigahash/second, abbreviated as MHash/sec and GHash/sec respectively. The Mega- prefix indicates 1 million/second while the Giga- prefix specifies 1 billion (or 1000 million to those from England) operations per second. In essence, more-per-second is better (of course) since it will result in more Bitcoins being awared to you in a given amount of time. We at Liquid Nitrogen Overclocking have taken a great deal of the guesswork out of all of this hash-talk, and offer three different mining systems:

Bitcoin Mining Products
Product   CPU @ Speed   Total CUDA Core Count   Bitcoin Production   Price
Corporal Miner   Intel i7-2700K @ 5.00 GHz   2,668   0.10 Bitcoins/Day   $4,500
Captain Miner   Intel i7-3970X @ 5.00 GHz   5,200+   0.25 Bitcoins/Day   $6,750
Major Miner   Intel i7-3970X @ 5.00 GHz   10,400+   0.50 Bitcoins/Day   $9,000

Please bear in mind these Bitcoin production figures are taken from actual April 2013 performance figures. As time goes on and Bitcoin mining becomes more popular, the reward for mining per-unit-of-time will drop in proportion to the number of active miners. It is therefore best to get involved in mining earlier rather than later.

We've seen BitCoin reach as high as $250 per coin, but let's use a variety of examples to see how long it would take to completely recover the cost of your hardware, and how much you could earn in one year of mining at the present rate of reward.

$4,500 Corporal Miner @ 0.10 BitCoins/Day
BitCoin Value   ROI @ $X/coin   Total $/year @ $X/coin
$100   450 days   $3,650
$150   300 days   $5,475
$200   225 days   $7,300
$250   180 days   $9,125
$300   150 days   $10,950
$500   90 days   $18,250
$750   60 days   $27,375
$1,000   45 days   $36,500
$2,000   22.5 days   $73,000
$3,000   15 days   $109,500
$5,000   9 days   $182,500
$10,000   4.5 days   $365,000
$6,750 Captain Miner @ 0.25 BitCoins/Day
BitCoin Value   ROI @ $X/coin   Total $/year @ $X/coin
$100   270 days   $9,125
$150   180 days   $13,687
$200   135 days   $18,250
$250   108 days   $22,812
$300   90 days   $27,375
$500   54 days   $45,625
$750   36 days   $68,437
$1,000   27 days   $91,250
$2,000   13.5 days   $182,500
$3,000   9 days   $273,750
$5,000   5.4 days   $456,250
$10,000   2.7 days   $912,500
$9,000 Major Miner @ 0.50 BitCoins/Day
BitCoin Value   ROI @ $X/coin   Total $/year @ $X/coin
$100   180 days   $18,250
$150   120 days   $27,375
$200   90 days   $36,500
$250   72 days   $45,625
$300   60 days   $54,750
$500   36 days   $91,250
$750   24 days   $136,875
$1,000   18 days   $182,500
$2,000   9 days   $365,000
$3,000   6 days   $547,500
$5,000   3.6 days   $912,500
$10,000   1.8 days   $1,825,000


We do not show the actual systems as we do for other builds here on the website, since astute system builders would be able to identify the components used in the construction of these Bitcoin mining systems. But, unlike the dedicated Bitcoin miners out there, our systems can be used for High End Gaming or other complex Scientific Calculations where CUDA technology can be very useful.

Call 610-818-5063 for more informtaion.

[papamoi]

hi

this link was added after my order (19th of march)so he has seized the opportunity to take other people in his fishing net

this dumb have posted a picture of one of his titan card mining trying to show himself as smart guy in front  of his fb friend

let s hope that my legal actions will bring him on his knees

thanks for supporting

[papamoi]

hi

this 50miner screenshot was is in fb,it seems he has removed it since:




it s for  picturing my previous post

[FloridaBear]

The funny thing is that his "bitcoin" systems are just not cost effective, even if they were real (if he's using CUDA, they are certainly not real). Take the first one:

Code:

Product           CPU @ Speed   Total CUDA Core Count   Bitcoin Production   Price
Corporal Miner   Intel i7-2700K @ 5.00 GHz   2,668   0.10 Bitcoins/Day   $4,500

To obtain 0.1 BTC/day at current difficulty, you need about 1800 MH/s. Three 7950's will do that for you--a barebones system with a 1000W supply and 3 7950s would be maybe $1400. His (fake) system is $4500!

Why would he claim such low bitcoin production since he is clearly making up the numbers anyway? And they payback times are pure fantasy. Anything that takes more than a month or two to pay back if you plug it in today probably will not pay back for a long time, if ever.

Worst. Scammer. Ever.

[papamoi]

hi florida,

what i ve found odd here,is that these servers are more realistic one comparing to the two he promised me.

for sure, i would have never send him money if his proposals was the same as he has put online the 8 th of april 2013(3 weeks after my order)

obviously,this guy is deranged or something to act and lie like this openly

seriously he should visit a psyschiatrist or else

[papaminer]

This is just sick...

at first... i thought the buyer/seller we're not connected...

buyer wanted bitcoin.. and seller trying to sell custom build pcs... thus the LN overclocking business...

the buyer probably taught the seller how to scam bitcoiners... that's why he is now more eager to create more crappy speedy computers which will obviously not last long due to abuse...

[papamoi]

are you suggesting that i knew before that this guy was a scam?

i don t really understand what you are trying to say but i was scammed by this guy, and i discover day after day that all this was bullshit

if i knew the first day about this behaviour,i would never have sent him the money


so clarify what you want to say


thanks

[papaminer]

I meant to say... you were their first victim (I think)... because.. from the messages you posted... it sounds like their replies are "WAY OFF" bitcoins or mining hardware...

Yes their custom build PC can mine.. but not that much... and they are just bluffing about speed/bitcoin per day... until the day you sent them money and it works on their side...

they probably know about bfl/avalon and how their system works now (via google search)... (send money to start working on hardware)... well this was not the case on their business at first... and now they know it works... and they're probably trying to scam more people who wants easy money in bitcoin...

thus their new page of selling bitcoin miners...

are you suggesting that i knew before that this guy was a scam?

i don t really understand what you are trying to say but i was scammed by this guy, and i discover day after day that all this was bullshit

if i knew the first day about this behaviour,i would never have sent him the money


so clarify what you want to say


thanks

[papamoi]

hi

just fyi,it s not the first time he is scamming customers,his ex employees and ex partners have confirmed me that there is at least 3 customers who have been cheated by him before me.he is expert in fraud and have already two arrests in his records.

all these things came out last week.

so even before btc or else,he is used to earn his life like this .frauding people,customers,employee(he owes 10k to one of them at least).


well,in a perfect world,this guy should never run a business and should sleep in jail,

unfortunately we are not living in a perfect world

[papamoi]

hi guys,

just to update here.

The legal have started since yesterday.

Hope they will work fast and quick

thanks

[Matthew N. Wright]

Name
EDWARD A TRICE

DOB
12/05

EMAILS
liquidnitrogenoverclocking@hushmail.com - inactive
edwardtrice@aol.com

PHONE NUMBERS
610-818-5063 - confirmed business line
(215) 661-0276 - confirmed landline

SSN
179-58-xxxx

CRIMINAL RECORD
Crime Details - 01/16/2007 - DELAWARE, PA
HARASSMENT - SUBJECT OTHER TO PHYSICAL CONTACT (2 counts)

Crime Details - 01/05/2007 - DELAWARE, PA
DISORDER CONDUCT HAZARDOUS/PHYSI OFF  (dismissed)

EMPLOYMENT
Business Name: LIQUID NITRGN OVERCLOCKING INC
Phone: (610) 818-5063
Business Address: 2711 CENTERVILLE RD, WILMINGTON, DE 19808 (New Castle COUNTY)

ADDRESS
337 FARM LN, NORTH WALES, PA 19454

ADDRESS HISTORY (dates are approximate)
337 FARM LN, NORTH WALES, PA 19454-2349 (MONTGOMERY COUNTY) (02/1998 to 04/22/2013)
Owners: EDWARD J TRICE   &  PATRICIA R TRICE

164 ERVIN AVE, MARCUS HOOK, PA 19061-4314 (DELAWARE COUNTY) (04/2006 to 01/2013)
Owner: ELISA SLAUGHTERBECK

151 FRONEFIELD AVE, MARCUS HOOK, PA 19061-4317 (DELAWARE COUNTY) (08/17/2005 to 10/18/2012)
Owners: JOHN WOODALL  &  HEATHER WOODALL

804 VASSAR DR, HATFIELD, PA 19440-3472 (MONTGOMERY COUNTY) (12/13/2001 to 05/31/2011)
Owners: VENKATA BALACHANDRAN  &  RADHIKA RAGHURAMAN

BANKRUPTCY RECORDS
Chapter: 13
Case Number: 0415858
Filing Date: 04/27/2004
Dismissal Date: 05/06/2004
Closed Date: 06/15/2004
Assets Available: Y
Notice Type: DISMISSAL

Chapter: 13
Case Number: 0411131
Filing Date: 01/28/2004
Dismissal Date: 02/25/2004
Closed Date: 04/02/2004
Assets Available: Y
Notice Type: DISMISSAL

(He tried to file for bankruptcy twice and was denied both times)


JUDGMENTS (5 FOUND)
Address: 804 VASSAR DR, HATFIELD, PA 19440-3472 (Montgomery COUNTY)
Filing Type: CIVIL NEW FILING
Plaintiff: JANSON D/B/A HOUSEINSPECT
Court Case Number: CV000030705
Total Judgment Amount: $505
Filing Date: 09/12/2005

Address: 151 FRONEFIELD AVE, MARCUS HOOK, PA 19061-4317 (Delaware COUNTY)
Filing County: DELAW
Filing Type: SMALL CLAIMS JUDGMENT
Plaintiff: LERMA C WOLFE
Court Case Number: LT000024105
Total Judgment Amount: $1,312
Filing Date: 06/30/2005

Address: 151 FRONEFIELD AVE, MARCUS HOOK, PA 19061-4317 (Delaware COUNTY)
Filing County: DELAW
Filing Type: CIVIL NEW FILING
Plaintiff: LERMA C WOLFE
Court Case Number: LT000024105
Total Judgment Amount: $0
Filing Date: 06/15/2005

Address: 2190 SUNRISE WAY, JAMISON, PA 18929-1347 (Bucks COUNTY)
Filing County: BUCKS
Filing Type: SMALL CLAIMS JUDGMENT
Plaintiff: ERIC PELLEGRINO
Court Case Number: LT000053104
Total Judgment Amount: $5,532
Filing Date: 01/18/2005

Address: 2190 SUNRISE WAY, JAMISON, PA 18929-1347 (Bucks COUNTY)
Filing County: BUCKS
Filing Type: CIVIL NEW FILING
Plaintiff: ERIC PELLEGRINO
Court Case Number: LT000053104
Total Judgment Amount: $5,400


PROPERTY
337 FARM LN, NORTH WALES, PA 19454-2349 (MONTGOMERY COUNTY)
Owner: EDWARD J TRICE & Owner: PATRICIA R TRICE
APN: 56-00-04574-203
APN Sequence Number: 001
Date Subject First Seen as Owner: 07/05/1995
Date Subject Last Seen as Owner: 2012
Subdivision Name: WOODS/GWYNEDD UN 48
Legal Description: 50 X 93 4650 SF
Living Square Feet: 1,636
Land Square Feet: 1,636
Year Built: 1995

    Latest Tax Roll/Assessment Information
    Tax Year: 2011
    Tax Amount: $3,399.36
    Assessed Year: 2012
    Assessed Value: $132,460
    Sale Date: 07/05/1995
    Sale Amount: $137,137
    Book: 5118
    Page: 2465
    Total Value: $132,460
    Bedrooms: 2
    Baths: 2


    Mortgage
    Lender: TRUMARK FIN'L CU
    Mortgage Amount: $25,000
    Mortgage Loan Type: Conventional
    Mortgage Deed Type: Mortgage
    Mortgage Date: 05/07/2010
    Mtg Sec Cat: CNV, Adjustable, Equity (Closed or Revolving), Conforming
    Mortgage Interest Rate Type: Adjustable
    Equity Flag: Yes

    Mortgage
    Lender: HARLEYSVILLE NAT'L BK&TR CO
    Mortgage Amount: $50,000
    Mortgage Loan Type: Conventional
    Mortgage Deed Type: Mortgage
    Mortgage Date: 10/31/2006
    Mtg Sec Cat: CNV, Adjustable, Equity (Closed or Revolving), Conforming
    Mortgage Interest Rate Type: Adjustable
    Equity Flag: Yes

    Mortgage
    Lender: HARLEYSVILLE NAT'L BK&TR CO
    Mortgage Amount: $50,000
    Mortgage Loan Type: Conventional
    Mortgage Deed Type: Mortgage
    Mortgage Date: 11/15/2002
    Mtg Sec Cat: CNV, Adjustable, Equity (Closed or Revolving), Conforming
    Mortgage Interest Rate Type: Adjustable
    Equity Flag: Yes

    Mortgage
    Lender: NAVY FCU
    Mortgage Amount: $40,000
    Mortgage Loan Type: Conventional
    Mortgage Deed Type: Deed of Trust
    Mortgage Date: 07/19/1995
    Mtg Sec Cat: CNV, Fixed, Conforming

Owner Relationship Type: Husband And Wife
Sale Date: 07/05/1995
Sale Amount: $137,137
Absentee Indicator: Situs Address Taken From Sales Transaction - Determined Owner Occupied
Deed Sec Cat: Residential (Modeled)
Universal Land Use: Condominium
Property Indicator: Condominium (Residential)
Resale New Construction: Resale
Residential Model Indicator: Based On Zip Code and Value Property is Residential

[Matthew N. Wright]

Gonna call his "partner" today when he wakes up and make sure he's aware of the situation.

[papamoi]

hi matthew

that s very interesting

please keep us posted

thank you very much for your effort

[papamoi]

hi guys

lol
at this:


+16108185063: Nothing will happen as long as you keep sharing FB posts and posting to DBs. When all comments have been erased, we'll talk, otherwise, you can forget it.

[papamoi]

my replies:

+16108185063: Nothing will happen as long as you keep sharing FB posts and posting to DBs. When all comments have been erased, we'll talk, otherwise, you can forget it. 12:43 PM

Me: no pb so you will have some news from everywhere.you know fbi right?you know fraud departement of bit?i won t learn you anything.just keep on doing what u are 12:54 PM
Me: i mean the half of philadelphia is aware of your action.where do you intend to hide?a suggestion change id,that would help goog luck

[Matthew N. Wright]

papamoi, I'd recommend not communicating with him. Your English is atrocious and makes you sound like you're incompetent (incapable of doing harm to him). If I were you, I'd stick with the following routes to seek justice:

• continue speaking with authorities and reporting him for his crimes
• continue contacting those around him to warn them of his sociopathic scamming operation
• continue to ignore his contacts until a time when he is ready to agree to pay you back in full (which will be never because he already spent it to pay his mortgage)

As with all scams, you have a choice to make. You either destroy their reputation and lose the ability to reclaim funds (court orders don't help when the person hides assets), or you avoid destroying their reputation (at least until after being paid back) in an effort to be paid back. You've taken the first step while trying to do the second. In my opinion, this will make it harder for police to do their job as you will give him ammunition to call you a stalker and counter sue etc.

As for his legal claims of suit and you owing him money for calling, it's obviously all bullshit and it's equally obvious he lies for a living.

[papamoi]

+16108185063: Lol none of the people you contacted believe you, and officer Duffy is getting your arrest warrant processed today. Harassing a cop is a felony in this 12:58 PM
+16108185063: country. Congrats, you are now being hunted. 12:58 PM
Me: lool making me laugh wait it s not finished yet oofficer duffy what a joke,why not donald duck?or matthew conolly? or nathan?or maybe your chief of operation? 1:02 PM

Me: soon or later you ll be caught all process have been put in motion,just wait 1:06 PM


Me: if u have anything to add,just text it,i love to share all your bullshits stuffs 1:09 PM

[Fuyuki_Wataru]

Really, you fell for this? You need to stick around on the internet a little bit longer. Not to mention a business that makes 1 mil with ese, has a better website and better images, if your going to do it good then at least do it like Butterfly lab 
On the end though these scammers are also getting very annoying, they are freaking everywhere and seem to get away with it as well. It annoys me mostly that people actually fall for it, specially when the company or person who is trying to scam you can barely talk English like dis. But I suppose it comes with experience, and that you learn from your mistakes... I too must admit was scammed years ago, but that was only for a couple bucks =]