Is KNC miner a scam???

I'm afraid that KNC IS a scam;

KNC is competing not only against US, but against Themselves. As a result, They have defaulted not only on shipments for their various miners, but also on ALL refunds due and payable since March 8, 2014.

KNC has also disabled the Login Accounts for virtually everyone who has demanded a refund. This has been done to avoid the necessity of responding to hundreds of complaints destined for the KNC Forums and to make it all the more dificult to demand a refund in the first place. They also routinely remove forum posts "overly critical" of KNC and/or those alleging criminal intent.

I believe that Their strategy with regard to refunds has been to collect the banking information from those demanding refunds and then, after a long delay, to "attempt" to send the requested refund by Bank Wire. What they aren't telling anyone is the collateral fact that their financial arm is intentionally altering the Bank's Identity info in such a way as to guarantee that said "attempted" refund will be "kicked back".

In this way, no funds are actually removed from their accounts and they get to tell the "unfortunate" customer that they "really tried" to send the refund ... and that another attempt could now take many more days and that they cannot "rush up" that delayed process.

We have placed several orders ( the least of which exceeds $30,000) both personally and through our various business entities, eventually requesting refunds for all of them, most prior to March 8, 2014. The pattern of deception with regard to those refunds brings one to the inevitable conclusion that the indicated behavior is criminal and essentially, theft by deception.

We have determined that civil litigation would be wasteful of both time and resources and that the best course of action, for everyone involved, is to file criminal complaints with both the Swedish National and Stockholm city authorities.

To this end, we have contacted a legal firm in Stockholm to act as our agent and intermediary for the filing of said criminal complaints and did, in fact, initiate that process a few days ago.

Not materially different in effect than MTGox, KNC is essentially an ongoing criminal enterprise insofar as they continue to advertise and accept money for products they have neither the intention nor the ability to deliver and that they use deceptive practices in attempting to avoid paying refunds. One might argue that placing OUR MONEY into their super-duper-Bitcoin-Pooper, prior to shipping our products or delivering our refunds ... is also criminal behavior.