Loan Default - asu u=519783

[AB de Royse777]

I can help the OP to contact coins.ph since there office is near to my workplace. I will try to walk-in there and inquire about this case.

I do not think only walking into the office and asking for someone's details will work unless you have any paper from the law enforcement agency. Since you are near to their office then I would suggest you and DireWolfM14 to have a chat. File a case in the local police station and ask a paper to go to the coins.ph so that you can present this paper to them to get information from them and then file a solid case using the details you get from coins.ph

And yes, still I would like to give some benefit to asu. What if he is not in his best health shape and is unable to communicate. Few days ago one of my family member died, his lungs were 71% damaged for post COVID-19 pneumonia. In very short time we lost him. From 18th to 24th, only 5 days he was able to survive. I was not in very good condition even to login to the forum (feel free to check my post history).

What I am trying to say is - maybe he is in a condition where he has no facility to communicate. Now since this is public - let him give some time. Give him enough time which will be enough for someone to notice the post to see what's going on and have much time to find a way to communicate too.

[hilariousetc]

He/She managed to pay another past due loan to @harizen when he/she came back and joined the Duelbits campaign. There were other instances of delays but he still paid. Although the loans he/she took in our local lending isn't as huge as what's owed to you, I'm more inclined to believe that @asu is really in a tight spot but he/she still has the intention of paying you back.

Lending people money in bitcoin can turn honest people into dishonest ones pretty quickly. They might have every intention of paying it back but if they're unable to or the price rises significantly then it's all too easy to just disappear as there's probably little to no real world ramifications and the only damage done to them is a ruined account. That's what it looks like has happened here as he popped back to make repayments when he could have just disappeared but if he's under financial difficulty in real life then its going to be very difficult to make repayments back and would be far easier to just go awol.

Lending people money here is incredibly risky and doesn't really seem worth it in my opinion because all it takes is one person to run off with a decent chunk and your business will probably be in the red overall. You have to remember this question: why are they lending it in the first place? It's either because obviously they don't have sufficient money, which is already a red flag, or they're just borrowing to pay it back and build feedback up. Some will do this for legitimate reasons and others will do it for the long con

[TGD]

I can help the OP to contact coins.ph since there office is near to my workplace. I will try to walk-in there and inquire about this case.

I do not think only walking into the office and asking for someone's details will not work unless you have any paper from the law enforcement agency. Since you are near to their office then I would suggest you and DireWolfM14 have a chat. File a case in the local police station and ask a paper to go to the coins.ph so that you can present this paper to them to get information from them and then file a solid case using the details you get from coins.ph

Yeah, This is what I want to discuss with them if they will cooperate with me in case I have a legal paper requesting for that info before I start gathering required papers to submit to them. I already have business before when they lock my account and force me to video KYC. Sometimes there support is very hard to contact and sometimes they want to cooperate.

I don't know if they will allow this request since scam occur international and the person got scammed is not the one doing the request that's why I want to consult first via walk-in. 

[AB de Royse777]

Yeah, This is what I want to discuss with them if they will cooperate with me in case I have a legal paper requesting for that info before I start gathering required papers to submit to them. I already have business before when they lock my account and force me to video KYC. Sometimes there support is very hard to contact and sometimes they want to cooperate.

I don't know if they will allow this request since scam occur international and the person got scammed is not the one doing the request that's why I want to consult first via walk-in. 

Sounds good and if DireWolfM14 wants it then I do not see any problem considering he has given asu more than enough time I guess.

Regarding the international case, I think if you go with printout of the contents on OP - there will not be much harder job except you may need to have a translation copy in case the people who are seating there are not good at reading English :-D

[Rikafip]

It really sucks to see something like  this happening, and I know it's kinda late but I hope that lenders will rethink (or at least stricten) their policy of giving no collateral loans, especially not for longer period of time. It might not be fair to those that are regularly repaying their loans but as we can see even DT1 accounts with decent loan history are not immune to something like this.

They might have every intention of paying it back but if they're unable to or the price rises significantly then it's all too easy to just disappear as there's probably little to no real world ramifications and the only damage done to them is a ruined account.

That might become big issue as we are into bull market now, so if you take a loan and in a couple of months btc goes up 2-3x you might have serious issues with repaying since majority of us still get out of paycheck in fiat. Unless you are part of CM or some other campaign that has fixed btc payrate but even then it's not very smart to think of it as a sure money.

[suchmoon]

Agreed on this, But he recently paid his loan in the local lending section before typhoon hits so if he really wants to runaway, he will not pay that loan and just walk away.

Or he might have thought that a local lender could track him down but DireWolfM14 from halfway across the world during a pandemic - maybe not.

Obviously this is all speculation because asu doesn't communicate. DireWolfM14 has been extremely patient with this. Any honest person with an intent to repay a loan and a year overdue would be going out of their way to keep the lender updated, not hiding.

[TGD]

Yeah, This is what I want to discuss with them if they will cooperate with me in case I have a legal paper requesting for that info before I start gathering required papers to submit to them. I already have business before when they lock my account and force me to video KYC. Sometimes there support is very hard to contact and sometimes they want to cooperate.

I don't know if they will allow this request since scam occur international and the person got scammed is not the one doing the request that's why I want to consult first via walk-in. 

Sounds good and if DireWolfM14 wants it then I do not see any problem considering he has given asu more than enough time I guess.

Regarding the international case, I think if you go with printout of the contents on OP - there will not be much harder job except you may need to have a translation copy in case the people who are seating there are not good at reading English :-D

I hope all support is clever on dealing this kind of issue. LOL. I know coins.ph support level and you need to explain the case like they are a child so that they can understand the problem here. My account took 1 month to unfreeze even though I submit all documents required during day 1 of my interview.


Coins.ph support will be available tomorrow. Let me check out and will give update to the OP. But I want to clarify that I will just ask them about the requirements needed to submit to get Asu details but all those filing cases and police report is a different story. I have a job so I don't have much free time. 

[TalkStar]

Its really unexpected to see this kinda loan defaulting activities from a user like him who have already took multiple loans from different lenders and paid. You did the right job by sharing the whole story with us and it was necessary. I don’t know he is trying to keep his/her profile clean from negative trusts or not but in a situation like you did the right job by letting everyone know the entire story. In current situation i can only suggest you to wait little more and keep patience.

From the necessity of keeping all loan defaulters information on a single thread i am maintaining this; ★ List of Proven Scammers (Bitcointalk Users Only) ★. You may take a look here. I am planning to contact all lending service providers by giving them PM and will ask them to provide information about loan defaulters (If i missed to add anyone to the list).

Flag supported from my end.

And yes, still I would like to give some benefit to asu. What if he is not in his best health shape and is unable to communicate. Few days ago one of my family member died, his lungs were 71% damaged for post COVID-19 pneumonia. In very short time we lost him. From 18th to 24th, only 5 days he was able to survive. I was not in very good condition even to login to the forum (feel free to check my post history).

I am also supporting you and during covid19 situation it can be a reason for his inactivity. I have also experienced something similar like you Royse777 and lost one of my childhood friend who died just in 8 days after getting his covid19 test result. Before the day he died doctors were positive enough with his medical report but everything changed in next 24 hours. Now his entire family is passing the worst time and i can feel how painful for them.

What I am trying to say is - maybe he is in a condition where he has no facility to communicate. Now since this is public - let him give some time. Give him enough time which will be enough for someone to notice the post to see what's going on and have much time to find a way to communicate too.

Yeah,,, we can wait little longer for his response and maybe he will make that soon (Not sure).

Lending people money here is incredibly risky and doesn't really seem worth it in my opinion because all it takes is one person to run off with a decent chunk and your business will probably be in the red overall. You have to remember this question: why are they lending it in the first place? It's either because obviously they don't have sufficient money, which is already a red flag, or they're just borrowing to pay it back and build feedback up. Some will do this for legitimate reasons and others will do it for the long con

Who can say that trusted user will not turn into a loan defaulter when every defaulter is taking loans to solve their financial issues. Lending service providers is the decision maker here where they must need to be more selective. Running a lending service is undoubtedly risky but only they can survive who have the ability to afford losses like this.

[FatFork]

What I am trying to say is - maybe he is in a condition where he has no facility to communicate. Now since this is public - let him give some time. Give him enough time which will be enough for someone to notice the post to see what's going on and have much time to find a way to communicate too.

Yeah,,, we can wait little longer for his response and maybe he will make that soon (Not sure).

According to DireWolfM14, their last communication was on October 8th, when he promised (again) to start making payments. He was last active on the forum on November 4th, and that's ample time to respond.

[finaleshot2016]

I feel sad for you, a lot of BTC loss this year. I supported the flag.

Last month (Nov. 2) he paid a lender on our local, maybe there's still a chance. There are possibilities that he could be a victim of the recent typhoon here in PH or affected by the pandemic, but I don't think they will consider that reason since he hasn't paid any amount since January, already 11 months.

3ByTmVLLd6hrjtT6trwG9C1aziEmbTkZAH (coins.ph) is his wallet. Coins.ph is a custodial wallet so you have a good chance to know his identity. it seems that finaleshot2016 had a transaction with him.

Yeah, that's the time he covered the loan and it's not only with me, he got a lot of transaction in different users in our local. If coins.ph can disclose the owner of that wallet, then it's possible to get his identity and contact him but I don't have any idea if coins.ph will do that since it'll be a long process and more papers, try to contact their support-help@coins.ph.

[samcrypto]

What I am trying to say is - maybe he is in a condition where he has no facility to communicate. Now since this is public - let him give some time. Give him enough time which will be enough for someone to notice the post to see what's going on and have much time to find a way to communicate too.

Yeah,,, we can wait little longer for his response and maybe he will make that soon (Not sure).

According to DireWolfM14, their last communication was on October 8th, when he promised (again) to start making payments. He was last active on the forum on November 4th, and that's ample time to respond.

Whatever reason Asu have, he/she should stay active communicating with Direwolf and now, he’s no where to be found. I hope the details on coinsph can help because this is not a small money at all, this is already a year of debt no more reason for giving more time especially if he’s not cooperating at all. Filipinos reputation are really on serious trouble again especially on the lending section. 

[LFC_Bitcoin]

He/She managed to pay another past due loan to @harizen when he/she came back and joined the Duelbits campaign. There were other instances of delays but he still paid. Although the loans he/she took in our local lending isn't as huge as what's owed to you, I'm more inclined to believe that @asu is really in a tight spot but he/she still has the intention of paying you back.

Anyway, here is the list of all loans.

FULLY SETTLED/PAID LOANS

No.	Borrower	Lender	Loan Reference	Amount (BTC)	Status
____	_________________	_________________	_________________________________________________________________	________________	_________
13.	asu	Russlenat	https://bitcointalk.org/index.php?topic=5142115.msg51544717#msg51544717	0.003	Paid
14.	asu	LogitechMouse	https://bitcointalk.org/index.php?topic=5142115.msg51591740#msg51591740	0.003	Paid
23.	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg51978209#msg51978209	0.002	Paid
24.	asu	LogitechMouse	https://bitcointalk.org/index.php?topic=5142115.msg52085935#msg52085935	0.003	Paid
25.	asu	LogitechMouse	https://bitcointalk.org/index.php?topic=5142115.msg52108473#msg52108473	0.002	Paid
29	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg52379007#msg52379007	0.20 (eth)	Paid
33	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg52487979#msg52487979	0.004	Paid
34	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg52553483#msg52553483	0.35 (eth)	Paid
39	asu	inthelongrun	https://bitcointalk.org/index.php?topic=5142115.msg52722676#msg52722676	0.0055	Paid
56	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg53212236#msg53212236	0.45 (eth)	Paid
62	asu	Bttzed03	https://bitcointalk.org/index.php?topic=5142115.msg53416563#msg53416563	0.004	Paid
65	asu	Bttzed03	https://bitcointalk.org/index.php?topic=5142115.msg53541203#msg53541203	0.004	Paid
72	asu	Darker45	https://bitcointalk.org/index.php?topic=5142115.msg52911462#msg52911462	0.01	Paid
91	asu	Bttzed03	https://bitcointalk.org/index.php?topic=5142115.msg53609003#msg53609003	0.004	Paid
91A	asu	Bttzed03	https://bitcointalk.org/index.php?topic=5142115.msg53685070#msg53685070	0.004	Paid
104	asu	mirakal	https://bitcointalk.org/index.php?topic=5142115.msg54273047#msg54273047	0.006	Paid
128	asu	harizen	https://bitcointalk.org/index.php?topic=5142115.msg54584007#msg54584007	0.01	Paid

Used addresses:

Code:

1McxEqfUwGNXzLRhewqG96aqr5HzEYFknJ
3ByTmVLLd6hrjtT6trwG9C1aziEmbTkZAH - coins.ph
0xfaf352ef83be399b733a34a774777ff012409cc8 (coins.ph eth addy)

It’s obviously an exit scam, all his previous loans detailed above are for a much smaller sum.
0.3BTC is obviously what he thinks his account is worth to exit. I dunno what Legendary accounts sell for but I presume less than 0.3BTC.

Sorry for your loss OP, genuinely.

[Bitcoin_Arena]

This is another one of those sad stories.

I know some members have already excluded Asu from their trust lists. I am just going to mention all those who had included him in their trust lists before so that members who have subscribed to the notifications bot and are not aware of what's going on can think about excluding him or removing him from their trust list.

asu's judgement is Trusted by:
1. abel1337 (Trust: +2 / =0 / -0) (105 Merit earned) (Trust list) (BPIP)
2. mirakal (Trust: +5 / =1 / -0) (227 Merit earned) (Trust list) (BPIP)
3. DoublerHunter (Trust: neutral) (98 Merit earned) (Trust list) (BPIP)
4. bL4nkcode (Trust: +13 / =1 / -0) (DT1! ( 637 Merit earned) (Trust list) (BPIP)
5. Innocant (Trust: neutral) (10 Merit earned) (Trust list) (BPIP)
6. Yamifoud (Trust: +1 / =0 / -0) (128 Merit earned) (Trust list) (BPIP)
7. Russlenat (Trust: +4 / =0 / -0) (338 Merit earned) (Trust list) (BPIP)
8. panganib999 (Trust: neutral) (42 Merit earned) (Trust list) (BPIP)
9. finaleshot2016 (Trust: +4 / =0 / -0) (DT1! (3) 818 Merit earned) (Trust list) (BPIP)
10. Baofeng (Trust: neutral) (983 Merit earned) (Trust list) (BPIP)
11. spadormie (Trust: neutral) (18 Merit earned) (Trust list) (BPIP)
12. roycilik (Trust: +9 / =1 / -0) (1520 Merit earned) (Trust list) (BPIP)
13. yazher (Trust: neutral) (529 Merit earned) (Trust list) (BPIP)
14. Altero (Trust: neutral) (23 Merit earned) (Trust list) (BPIP)
15. LogitechMouse (Trust: +2 / =0 / -0) (249 Merit earned) (Trust list) (BPIP)
16. GreatArkansas (Trust: +3 / =0 / -0) (DT1! (3) 1002 Merit earned) (Trust list) (BPIP)
17. sheenshane (Trust: +2 / =1 / -0) (750 Merit earned) (Trust list) (BPIP)
18. theyoungmillionaire (Trust: !!!:  +5 / =0 / -20) (1013 Merit earned) (Trust list) (BPIP)
19. cabalism13 (Trust: +8 / =1 / -0) (DT1! (5) 1053 Merit earned) (Trust list) (BPIP)
20. cryptobenn (Trust: +0 / =0 / -1) (1 Merit earned) (Trust list) (BPIP)
21. itoybtc (Trust: neutral) (10 Merit earned) (Trust list) (BPIP)

Source: LoyceV's Trust list viewer.
Get your own Trust list in BBCode at loyce.club/trust.

[suchmoon]

Is it just me thinking that if you take more than a couple of loans there is probably something wrong with you? What were the reasons given for all those loans?

[NotATether]

Is it just me thinking that if you take more than a couple of loans there is probably something wrong with you? What were the reasons given for all those loans?

No it's not just you. Look at the dates inside the posts he took and repaid all those loans - at one point he was paying and borrowing those loans almost monthly. If someone needs to get tiny loans in that short amount of time, they are probably in financial instability.

[LFC_Bitcoin]

Is it just me thinking that if you take more than a couple of loans there is probably something wrong with you? What were the reasons given for all those loans?

Building trust up to a point where he could go for a bigger grab. 0.3BTC might be a lot where he lives & worth losing his account & dignity over.

pajeet’s gonna pajeet.

[Timelord2067]

Building trust up to a point where he could go for a bigger grab. 0.3BTC might be a lot where he lives & worth losing his account & dignity over.

asu's path to oblivion:



which is strange really, because they had an OK DT trust page at the start of this week:



DT1 (+4) to DT1 (-9) and falling ...


Hopefully DireWolfM14 is weighing up any outstanding long term loans to prevent further losses.

[LFC_Bitcoin]

@Timelord

I did see the BPIP DT changes & asu’s ~ fest. I had to drag my balls in there & ~ him too.

[Timelord2067]

@Timelord2067

I did see the BPIP DT changes & asu’s ~ fest. I had to drag my balls in there & ~ him too.

Looks like  has changed their mind about distrusting asu:



Did you see this post or this other post?

[DireWolfM14]

Thanks to everyone for the help and support.