(summary) The loan defaulted of this year (2020)

[blue Snow]

Just create the summary of loan defaulted this year, please Let me know if missing something.

1. theyoungmillionaire

• Amount scammed 0.388224 BTC - theyoungmillionaire has borrowed bitcoin from DireWolfM14 and didn't repay back
• Flag on theyoungmillionaire

2. CryptoVzla

• Amount scammed 0.25 ETH - CryptoVzl has borrowed Ethereum from shasan and didn't repay back
• Flag on CryptoVzla

3. elmanchez

• Amount scammed 0.3 ETH and 0.043 BTC - elmanchez has borrowed Ethereum and Bitcoin from DireWolfM14 and didn't repay back
• Flag on elmanchez

4. Maotezi

• Amount scammed 0.023 BTC - Maotezi has borrowed Bitcoin from sbogovac and didn't repay back
• Flag on Maotezi

5. asu

• Amount scammed 0.2625BTC - asu has borrowed Bitcoin from DireWolfM14 and didn't repay back
• Flag on asu

6. Angell

• Amount scammed 0.0004 BTC - Angell has borrowed Bitcoin from btcltcdigger and didn't repay back

[1714671201]

1714671201

[1714671201]

1714671201

[sujonali1819]

As far as I see asu was a good contributor here in this forum. He also had a good reputation. For why maybe DireWolfM14 gave him the big loan. But in the end, he also does not keep his promise. I feel very sorrowful for DireWolfM14 because the biggest loan default in this year happened to him. 
DireWolfM14 only tried to help some people by crypto lending and people are giving recompense to him in this way. Then how people trust each other here.
 

[Leviathan.007]

I feel sorry to see three defaulted loans related to DireWolfM14 out of five. He is a nice member and helping the other users by giving them loan when they need. But unfortunately, some people abuse and don't pay back the money. That's the reason why people don't give no collateral loans to users, even to the high rank and trusted users.

[qwertyup23]

Crazy to think that some of the members/users on the list were people who relatively contributed good to the forum. They also contained positive feedbacks given by trusted users arising from their good and trusted history.
It really strengthens the claim that a trusted user may not always be trusting as they are also in the position to take advantage and scam people. I just felt affected that asu was a good contributor in the Philippine local board but he contributed to the stigma that some Filipino members are scammers.

[AhmadM]

It's kinda pretty sad to see some users that have enough contributed to the forum doing this kind of action, moreover one of the users on the list defaulter above (asu) belongs to the DT position before, if I remember it correctly.

A little suggestion for OP, I think this kind of topic is more appropriate for the reputation board, you can move it there or submit your list to the topic created by TalkStar - ★ List of Proven Scammers (Bitcointalk Users Only) ★

[btcltcdigger]

You can add this one as well https://bitcointalk.org/index.php?topic=5267387.0

Angell borrowed 40k satoshi and never paid it back. LOL it was like $4 at the time.

He should have just sold his account, he'd make much more money

[Rikafip]

You can add this one as well https://bitcointalk.org/index.php?topic=5267387.0

Angell borrowed 40k satoshi and never paid it back. LOL it was like $4 at the time.

He should have just sold his account, he'd make much more money

I am pretty sure that he had an honest intention to pay you back, but this sudden increase in BTC price competely messed his plans and what was once 4 USD loan now it's 8 USD so it's no surprise that he has issues repaying it.

Joke aside, this has to be one of the most ridiculous cases of loan default. To basically ruin reputation over 4 USD is just insane. Zero fucks given from that guy.

[blue Snow]

DireWolfM14 only tried to help some people by crypto lending and people are giving recompense to him in this way. Then how people trust each other here.
 

we must be careful of ungrateful people here.

even to the high rank and trusted users.

trusted is not necessarily trustworthy, more example; https://bitcointalk.org/index.php?topic=5246716.0

A little suggestion for OP, I think this kind of topic is more appropriate for the reputation board, you can move it there or submit your list to the topic created by TalkStar - ★ List of Proven Scammers (Bitcointalk Users Only) ★

thanks for the suggestion, but I just create this summary for a year.

You can add this one as well https://bitcointalk.org/index.php?topic=5267387.0

Thanks. Added.

[Chrystora123]

It's a pity that these two accounts (theyoungmillionaire & asu) are actually con artists.  I saw them make a nice pattern to look so convincing that it made the lender not suspect them.  hopefully DireWolfM14 not deterred and always healthy..

[The Sceptical Chymist]

As far as I see asu was a good contributor here in this forum.

That's the one that surprised me the most--I wasn't exactly familiar with him, but I recognized his username immediately when the scam accusation was posted against him.  That was a large loan he took out, too, and I'm betting 0.26BTC is worth more to him than his bitcointalk account.  It really sucks when members who've been around a few years pull an exit scam like asu apparently did.

I've had the Lending section on ignore for a long time now and I'm not sure how lively it is there these days.  What I hope is that the major lenders have learned to always give collateralized loans and not reputational ones.

It's a pity that these two accounts (theyoungmillionaire & asu) are actually con artists.

It really didn't shock me that theyoungmillionaire scammed on a loan, as I'd always had a funny feeling about him.  He always struck me as being the type of person who would sacrifice honesty if he could get enough of a profit for himself.

[bL4nkcode]

I actually wonder how asu and tym can repay such huge loans when I see their profile trust (neutral trust about the loan) before where tym doesn't have any signature campaigns in the very first place. Trading (as his purpose of loan) cannot always be in profit for him to repay that loan, the same with asu, though he joins some sigcamp but that won't suffice to pay for such short period of time of repayment (180 days).

[Joel_Jantsen]

It's fairly easy for such scammers to pull out a loan scam here. They buy a high-level bitcointalk account, do some $50-$150 deals on the currency exchange thread and get that green positive feedback. Create two threads showing their love and affection to the forum and there you've them as a "Reputed Member". I'm surprised how easy it is to get positive Feedback these days. Someone literally didn't want to do a currency exchange with me because I didn't offer them positive feedback in return. I saw their profile a couple of months after, they have a green trust and also went from being a Newbie to Senior because of their currency exchange thread. Now if this person pulls out a scam I wouldn't be surprised at all.

[Coyster]

Other than affecting the overall level of trust on the forum, the real brunt of loan default cases is felt by the lenders cause flags and negative feedbacks can't bring back the funds that the users exited with, lending is always a risky business especially when you're not in possession of the borrowers property (collateral), mind you that it's great that on the forum, users can get loans in tune of amounts this large without a collateral but only just with their reputation, it really shows how valued it is on the forum, but the more users break this pact and make exit scams, I'm afraid sooner rather than later, there'll be no sort of non-collateral loans on btt.

There are uncertainties in life, I know, and I'm very sure that most of this users really wanted or still want to repay their loans, but just cannot, I think in cases such as this, it's more honorable to reach out to the lender and the forum stating that you cannot at this point pay back your loan and you would do so when you can, definitely your account will still be flagged and given negative feedbacks, but it's a much better resolution, than just blacking out, and running away with someone else's money without a word.

[robelneo]

Just create the summary of loan defaulted this year, please Let me know if missing something.

6. Angell

• Amount scammed 0.0004 BTC - Angell has borrowed Bitcoin from btcltcdigger and didn't repay back

I'm surprised on this one, a hero rank defaulting a $4 loan, I don't understand the logic that's only $4, many are selling high-rank membership here for $200, and the guy messed up his rank for $4, this one goes for the record, I thought it's a newbie account who cannot find a way how to earn, but with your rank, you can find a way to earn $4 here on some of the campaigns here, he can try to apply on Bitvest

[TalkStar]

Update:

I have added all these loan defaulter's information on "List of Proven Scammers ( Bitcointalk users Only)" I hope our forum user's will follow the thread regularly to get information about proven scammers of bitcointalk which will keep them far from getting scammed again.

Note: Don't hesitate to provide informations about proven scammers by giving a reply on the topic. Stay alert, stay safe.