Loan Default - theyoungmillionaire u=1180530

[cabalism13]

I don't know but have you checked the history of the user? Too many posts has been deleted from what I notice...

I have archived 16 of his posts since July 2019. None of those have been deleted.

Well that's because it was a loan application and payments (mostly) . I mean the posts that he made during 2017 and 2018

[1714861982]

1714861982

[1714861982]

1714861982

[1714861982]

1714861982

[DireWolfM14]

He mentioned that he was starting a physical bitcoin business in the Philippines, and that he was working on getting a fiat loan.  He was supposed to pay me back with the money he got for his business loan.

In retrospect, paying back a loan by taking another loan should have been a big red flag.

Agreed, but I don't believe that was his plan originally.  He didn't mention that intent until January, after I had already given him the loan and an extension.

Thanks to all the folks who are active in the Philippine local for taking this so seriously.  I want you all to know that I will never equate one person's actions to a whole race or ethnicity, and I hope this doesn't spur any bias against Filipinos on the forum.

[Dabs]

There are always a few bad apples in every group. So it's completely understandable. I didn't know him long enough or interact with him so I'm not sure what to make of it, but someone not signing on to his account for 3 months would seem uncharacteristic considering their prior behavior.

Many countries are also going on lockdown mode now, so things are just going to get worse.

[CryptopreneurBrainboss]

Just had to come drop my sympathy with the affected user @DireWolfM14 who's one of the finest lender on the forum. it's quite unfortunate that things like this still happens especially from "supposedly" well established members that should lead by example. Cases like this depriveds others the privilege to receive same favor as the fear of getting frauded again rings through the OP's mind and at the same time, other lenders try to play it safe to prevent been in similar situations.

Although there's isn't much I or anyone else can do, this scam accusation is getting a flag support and feedback from me as a sign of my support for the OP, wish you better deals in the future.

Ps: The dollar value of BTC0.3 currently could be small but the Satoshi worth shouldn't be underestimated.

[AlexSimion]

Dai bani lui DireWolfM14! la urmatoarea postare pun poza cu tine iar la a doua addresa si nume.   

FYI    to translate this , as it seems the one who posted knows the loan defaulter   " Give the money back to DireWolfM14 , my next post will be a photo of you , and the next one your address and name.


Pretty confused  thought the loan defaulter was from Phillipines , but apparently he's romanian.

[Heisenberg_Hunter]

Running a no-collateral lending business is as risky as hell. With just 300-400 posts, TYM seemed to be a promising poster and I was just having an eye on their profile for a year or two closely. They seemed to be active in trading but with the recent pump and dump in the alt market and as cabalism pointed out they should have lost few bitcoins during the alts trade. There would have been no other way for TYM other than running away without repaying the loan amount to the lender. 


There was a similar case this January with a quality poster pandukelana2712 defaulting a non-collateral loan of 0.064BTC lent by DarkStar_ I do hope both these accounts return back and pay to their lenders covering the interest rates. pandukelana2712 and theyoungmillionaire were more or less similar in nature of building up their accounts and trustworthiness over the years and finally defaulting a non-collateral loan. pandukelana2712 could have repaid the amount easily within a period of 2-3 months of signature campaign posts and so does theyoungmillionaire. It's quite surprising to see that some just build up their trust to finally end up in scam! 

[AdolfinWolf]

Pretty confused  thought the loan defaulter was from Phillipines , but apparently he's romanian.

I'm pretty sure he's from the philippines. Scrolling through his post history there's lots and lots of posts posted in filipino.

I don't see any posts in Romanian. His personal text seems to be referring, although a bit cryptic, to "Enisala Fortress"; whatever that may mean.

It's interesting though, why that sockpuppet would post such a post in "Romanian". Perhaps a native speaker could tell us if that sentence is google-translated.

I am very positive on bitcoin that is why I have resigned in my work (Former Banker). I am now educating people about cryptocurrency, I travel a lot just to go to areas where in people has zero knowledge about cryptocurrency and that lead me here in bitcointalk for me to gain more knowledge. Always excited by reading reply or topics here and share to other people what I have learned.

So much for being a "banker". Pretty sure there are more (now) ironic quotes in his post history, but this post by itself already stands out to me.

[AlexSimion]

Pretty confused  thought the loan defaulter was from Phillipines , but apparently he's romanian.

I'm pretty sure he's from the philippines. Scrolling through his post history there's lots and lots of posts posted in filipino.

I don't see any posts in Romanian. His personal text seems to be referring, although a bit cryptic, to "Enisala Fortress"; whatever that may mean.

It's interesting though, why that sockpuppet would post such a post in "Romanian". Perhaps a native speaker could tell us if that sentence is google-translated.

I've checked his posting history aswell today due to his personal text ,   also Enisala Fortress reffers to the ruins of an medieval fortress located around 2 km close to a city called Enisala in the SE of Romania.

There's always the possibility of him being able to speak filipino aswell , or native Phillipines living in Romania etc.

If 1010matt will share more info about it , I might be able to help you DireWolfM14  to recover your money ,  since I'm living somewhat close-by.


I'm a native speaker and I'm pretty sure it's not google translated.


Edit : Just google translated to see how it would come out and the result from google would be this : "Dați banii înapoi la DireWolfM14, următoarea mea postare va fi o fotografie cu voi, iar următoarea dvs. adresa și numele      So pretty sure it's legit.

[AdolfinWolf]

Also:

Iasenko could probably get his IP from his account on cryptos-currencies.com ? (Or whoever was running Cryptos-Currencies.com ?) Not sure if that's (having his IP) really going to go anywhere though.

https://www.cryptos-currencies.com/profiles/theyoungmillionaire

I'm a native speaker and I'm pretty sure it's not google translated.


Edit : Just google translated to see how it would come out and the result from google would be this : "Dați banii înapoi la DireWolfM14, următoarea mea postare va fi o fotografie cu voi, iar următoarea dvs. adresa și numele      So pretty sure it's legit.

That's weird. Looks like we perhaps have a good samaritan amongst us.   (Edit: I highly doubt it )

There's always the possibility of him being able to speak filipino aswell , or native Phillipines living in Romania etc.

I guess.. That seems rather unlikely though. Also it would be weird for him to only be active in the Phillipine section, while also speaking Romanian. You'd expect him to also post in the romanian section, right?


Anyway, sorry for your loss OP.

[suchmoon]

Don't get too excited about a newbie offering "help". It could be a random nobody trying to run a scam on top of a scam, it would be scammer themselves trying to cover their tracks. Be extremely careful with any information provided by them and don't attempt vigilante justice... 0.3 BTC is not worth it.

[AlexSimion]

There's always the possibility of him being able to speak filipino aswell , or native Phillipines living in Romania etc.
I guess.. That seems rather unlikely though. Also it would be weird for him to only be active in the Phillipine section, while also speaking Romanian. You'd expect him to also post in the romanian section, right?

True about the romanian section , I checked it out aswell and I haven't found any posts from him  , but  , checking this guy's post history , his first posts etc , and I'm pretty sure this is his alt account , literally his 1st post is a guide on initial coins offerings  and soon to follow posts in the meta section etc , so pretty sure he has an alt account here somewhere.

[AlexSimion]

Don't get too excited about a newbie offering "help". It could be a random nobody trying to run a scam on top of a scam, it would be scammer themselves trying to cover their tracks. Be extremely careful with any information provided by them and don't attempt vigilante justice... 0.3 BTC is not worth it.

I thought about it and it's a posibility ,   and I don't believe in "vigilante justice" as it most likely will cause more problems than solutions ,  but he's in fact romanian etc , I am willing to help DireWolf file a police complaint etc in case he wishes to pursue this.

[stompix]

Dai bani lui DireWolfM14! la urmatoarea postare pun poza cu tine iar la a doua addresa si nume.  

I'm a native speaker and I'm pretty sure it's not google translated.

Hmm, I've forwarded this to another member here, he hasn't posted yet in this thread although I've asked him but he told me the correct phrase would be

Dai banii lui DireWolfM14! la urmatoarea postare pun poza cu tine iar la a doua addresa si numele.  

So?

[AlexSimion]

Dai bani lui DireWolfM14! la urmatoarea postare pun poza cu tine iar la a doua addresa si nume.  

I'm a native speaker and I'm pretty sure it's not google translated.

Hmm, I've forwarded this to another member here, he hasn't posted yet in this thread although I've asked him but he told me the correct phrase would be

Dai banii lui DireWolfM14! la urmatoarea postare pun poza cu tine iar la a doua addresa si numele.  

So?

the "i" from banii which is missing is a pretty common gramatical mistake we as romanians do , that's why I find it very hard to believe that if he googled translated it the word money would have been correctly spelled with 2 "i" ,  the 2nd "d" in addresa , could be a typo ,  the "le" from numele ,  is simpy articulating it ,  and it's works with or without ,    in english being like  and the 2nd one address and name / the name.

[peonminer]

Sorry for your loss dire. That's a large chunk of corn to just up and lose. Fucking scammers. I supported your flag. The evidence is overwhelming.

[stompix]

@AlexSimion
Well, I have no way to know or argue about this but it's just a bit more uncertainty, even if it's only a typo or just because some don't write like that, too many coincidences for a simple phrase for which you've gone through the trouble of opening a new account and post this "threat"?

Unfortunately, I can't find a way to check how long he had that location on his profile since there is no google cache, no waybackmachine no nothing. Maybe the Cryptios team can dig a bit since I assume they are Romanians also but I don't know what the point of this would be and if it has anything to do with the forum moderation. Anyhow, this should be in an investigation topic, if DireWolfM14 wants to open one.

Don't get too excited about a newbie offering "help". It could be a random nobody trying to run a scam on top of a scam, it would be scammer themselves trying to cover their tracks. Be extremely careful with any information provided by them and don't attempt vigilante justice... 0.3 BTC is not worth it.

Yeah, there is always the possibility the leaked photos and address might be of somebody innocent who the whistleblower has a grudge with.

[DireWolfM14]

apparently he's romanian.

Aren't all vampires?

Don't get too excited about a newbie offering "help". It could be a random nobody trying to run a scam on top of a scam, it would be scammer themselves trying to cover their tracks. Be extremely careful with any information provided by them and don't attempt vigilante justice... 0.3 BTC is not worth it.

Meh.  I'm too old for that Rambo shit, and it ain't the first time I've lost money.  As much as I'd like it to be the last, I'm not too confident about that either.

If I don't here back from TYM by Monday I'll be filing a police report.  Theymos offered to cooperate with the fuzz, but I won't be holding my breath about the money.  If nothing else I'll have another tax-write-off for my 2020 filing.

[AlexSimion]

snip

It very well could be a decoy to throw off the case.

Aren't all vampires?

Indeed they are

If I don't here back from TYM by Monday I'll be filing a police report.  Theymos offered to cooperate with the fuzz, but I won't be holding my breath about the money.  If nothing else I'll have another tax-write-off for my 2020 filing.

Filling a police report could be the perfect incentive for him to come and pay you back.   

[posi]

The user seemed very promising and was doing great job for the community especially in their local community. There must be something wrong with him, possibly any physical condition or something? It's hard to believe that they are not responding and ran away with the money but till this point it's seems that's the truth.

It won't be the first time a promising user took the opportunity to steal when it presented itself.

That's correct and i hope he can prove us wrong. I will advise the loan lender of this forum to always check the activities of the user before giving them a loan.

There's always the possibility of him being able to speak filipino aswell , or native Phillipines living in Romania etc.

I guess.. That seems rather unlikely though. Also it would be weird for him to only be active in the Phillipine section, while also speaking Romanian. You'd expect him to also post in the romanian section, right?

I think the guy (theyoungmillionaire) in subject used fake location and it either he's a native of Filipino who reside in -5 time zone (Jamaica, Panama etc) due to the time i saw on his profile page at the local time space.

[BitcoinGirl.Club]

I think the guy (theyoungmillionaire) in subject used fake location and it either he's a native of Filipino who reside in -5 time zone (Jamaica, Panama etc) due to the time i saw on his profile page at the local time space.

None of this does not matter anymore. What matters is if he comes back and repay DireWolfM14 and we might learn a lesson here that in this space no one is trusted with good amount of money unless he has a very good past record of handling large sums like OgNasty did for the forum. There are few more like DarkStar_ too.