Ok, I've gathered enough evidence to prove that from April 2012 - August 2012 OgNasty:
-Made a shitload of Bitcoin during his "Bitcoin Pass Through" program with virtually no risk for himself
-Since then has lied about what actually happened and gone out of his way to cover up facts by editing and deleting posts/locking thread.
The Facts- April 11th, 2012 OgNasty created the "
Bitcoin Pass Through" Program.
- He collected funds from investors and made monthly payouts ranging from
8-12% monthly.
- He invested the funds with pirateat40's Bitcoin Savings and Trust, which paid out investors
7% weekly- He created a
reserve:
A Reserve Fund has been established to provide depositors with insurance against loss of deposits. In the event of a Bitcoin Savings & Trust failure, the Reserve Fund will be paid out to depositors, proportionately to their deposits held as listed on this thread.
The target for the reserve account is 100%. The question is, how long will it take to get there? I am hesitant to commit to an exact % of profits that will go to the reserve account, but I plan to increase it on a regular basis as interest payments are paid out.
- May 1, 2012 he made his
first interest payment (unfortunately there are no records in the thread of reserve size, total invested or total interest payment for this payout)
- May 5, 2012
he confirmed that the total investments had surpassed
BTC2,000
- May 11, 2012
He confirmed that the total reserve was
BTC30. On May 23, 2012
he confirmed that the total reserve was
BTC50
- June 1, 2012 -
second monthly interest payments are made. (We have the data for these payments.)
--
BTC2,970 invested total
--
BTC2455 full month deposits
--
BTC515 mid month deposits (reduced interest)
--
BTC281.75 are paid to investors
-- Assuming OgNasty was receiving the standard 1% daily return* he received
BTC761.05 off the full month deposits and
BTC77.25 from the mid month investors for a total of
BTC838.3
BTC 838.3 interest received from pirateat40
BTC281.75 interest payment to OgNastys investors
BTC50 Total OgNasty has contributed to "insure deposits"
BTC506.55 Total OgNasty profited personally (without risk) for ONE MONTH (May 2012)*I'm not sure whether he was receiving compound interest or not, so I'm going to calculate it as if he wasn't since it's the lower amountI'll continue to do the Jul1 Payouts soon (we have all data for that month as well).
Keep in mind though, this whole thing came crashing down in August. There were only 4 payout periods (not including the final lol Reserve payout made on Sept 1) Anyone who had money invested with OgNasty in August had their entire deposit stolen.
Does this seem plausible?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.gyazo.com%2F04ff773ed63fe77fbbd79b72a23e2d47.png&t=665&c=-KX1mlhb7E9P2w)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.gyazo.com%2F7c50686ce2d276aa706ca3b285e40a6c.png&t=665&c=ULYeTEtSJweQ8Q)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.gyazo.com%2F02977e61da167ad91e87b9a4805dea72.png&t=665&c=YWT8pZLESL3rnA)
If anyone wants to check my math:
Depositor Rate Reward Amount Payment Address
Anonymous №1 10% 100.00 10.00 1AYoshhS6VLYNWRNX5P6EWxUcrKLr16KLB
Wekkel - 10% 100.00 10.00 1LUPYsMBBAX937a16cTzMXMbnGv6pEfBPt
miscreanity 10% 10.00 1.00 1LdpVFiqFX7ymHp6AMhrNq8J9PQ5ZSLoeo
Anonymous №2 10% 50.00 5.00 18fDCUZ9wvcrMFfQogCHar3FE7E5tu95E2
exahash - 10% 1% 250.00 27.50 1KH1wM55KJe422Uun66T7RC176MLZyKbRn
chunglam - 10% 1% 250.00 27.50 1AMFex7h8b8TBD5WewZdHTqSQjMG8fiSsF
geodude - 10% 10.00 1.00 1MJK5LNAdqhyCEeqAnpMjckKaFr8NXtTGu
Anonymous №4 10% 1% 700.00 77.00 1mCJ9UpGPE8vok8StdobELZrW643tYFiF
Sturmvogel 10% 50.00 5.00 19qp1bSoi3LqQBSUVomGXGx3i6XfaHuxqj
nathantrumpet 10% 35.00 3.50 17foq9mtyFRK13cKc3aZ81SKKsZ7PSLPHN
drlatino999 10% 100.00 10.00 143epJQzwB5rJCWpQssave4UPuKL75EERi
Jonny Heggheim 10% 30.00 3.00 1MRnQVysnF9t91i5UPHsApFh4vRCvBwXux
iron77 - 10% 300.00 30.00 195TbM1SzZA9HzSaRDeKBiRLf8HzNqkGww
Tannke - 10% 400.00 40.00 INTEREST ROLLOVER PLAN
Timbo925 10% 20.00 2.00 1AYWHj7BNDwfvCpQ4rqM3BhMipmZUe3pUj
squirrelman 10% 50.00 5.00 INTEREST ROLLOVER PLAN
Mid-Month Deposits:
drlatino999 5% 40.00 2.00 143epJQzwB5rJCWpQssave4UPuKL75EERi
Uncle Scrooge 5% 250.00 12.50 INTEREST ROLLOVER PLAN
Anonymous №5 5% 100.00 5.00 1GyocUADnTd5aZRRrNLGFTVXNiyaacpPQm
Buckwheet 5% 50.00 2.50 17Ge71XYfHKFC7Lzkq7fs5RwerPEEaySqR
CecilNiosaki 3% 75.00 2.25 INTEREST ROLLOVER PLAN
Edit: I had the year listed as 2011, it was actually 2012.