GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)

[bitcoinvideos]

To be clear. I posted this information in the desire to have true honesty and transparency not because I think one way or the other. I want to ensure that people understand who has what stake in where or is involved in what capacity. This is not to pass judgement (there are lots of other people to do that).

[ColdSpirit]

LOL and the novel continues... anything is reason to FUD! ahah

Shame on you!

[bumpershot]

According to his LinkedIn profile he's been the owner of GAW internet since 2001 and GAW Labs since 2012. As well as his role with Cantor and being a Texas Bahama franchise owner:

https://www.linkedin.com/in/stuartafraser

https://i.imgur.com/N5B8dKU.png

so, my deduction is that he is not actually funding anything, but giving the impression that he has given money to the project, to enable him to take a reap of the rewards of the scam?


provably unfair on investors.

Just to be clear on this, your intelligent remark to follow-up on this is that this man would risk spending years in federal prison to support a scam that he has no stake in? And you'd like to be taken seriously, of course, right?

I'm with you. His involvement doesn't preclude a scam, but it does mean that there was probably an actual business plan, and he performed some amount of due diligence. There is no way any professional investor wants to be near a ponzi scheme. I highly doubt this guy thinks this is a scam.

[MOB]

According to his LinkedIn profile he's been the owner of GAW internet since 2001 and GAW Labs since 2012. As well as his role with Cantor and being a Texas Bahama franchise owner:

https://www.linkedin.com/in/stuartafraser

https://i.imgur.com/N5B8dKU.png

so, my deduction is that he is not actually funding anything, but giving the impression that he has given money to the project, to enable him to take a reap of the rewards of the scam?


provably unfair on investors.

Just to be clear on this, your intelligent remark to follow-up on this is that this man would risk spending years in federal prison to support a scam that he has no stake in? And you'd like to be taken seriously, of course, right?

I'm with you. His involvement doesn't preclude a scam, but it does mean that there was probably an actual business plan, and he performed some amount of due diligence. There is no way any professional investor wants to be near a ponzi scheme. I highly doubt this guy thinks this is a scam.

How would he know what to think? According to Josh, these "trained businessmen" just want the marketing pitch. They don't care or even know how it gets done.

That is why the whitepaper is a piece of marketing fluff with no technical details (according to Josh again).

If anything, this should make one more nervous. Do you think the only person with 30 years of financial experience in the room is going to lose money here? Do you really believe that line "that if one of us wins we all win!"?

Josh said just a few days ago that payouts could be twice as high, they have apparently been like that for awhile, but Josh has just not gotten around to setting what he wants the new Zenpool payment to be. Sounds like Josh winning on that one, not his customers.

[mpmcsweeney]

"Not buying advertisements": http://finance.yahoo.com/news/gaw-miners-announces-plans-initial-120000855.html

I'm not sure a press release on the wires is considered a paid advertisement. Anyway, I love the comments on there! If they got any more positive there would be rainbows and hand-jobs for all!

Press releases are published by PR firms that charge companies to produce, curate and broadcast the info. The firms themselves pay fees to these services in order to be able to shoot out said info. It's more or less a crapshoot on where those releases will land - at the PR firm I used to work for, we had a couple random ones end up on some big sites.

[bitcoinvideos]

I have worked with the same PR firms as GAW uses in previous organizations. I have had some of my work on Marketwatch and Yahoo finance as well but every time we paid for the privilege.

[MOB]

OK, let's do this...
I was mislead by Mr. Garza on more than one occasion dating back to late June, 2014; both on video chat and online -
I was flat out lied to by Mr. Garza on more than one occasion via email dating back before August, 2014, and up until at least late October, 2014 -
I was attacked legally by Mr. Garza via his [unaware of the facts] lawyer AFTER I had already filed a federal compliant in late October - and he knew it (which in itself is a federal offense) -
I was stolen from in the form of lost BTC value in excess of US$1000 when my account withdrawal was locked for over a business week by GAW/Zen for no offered nor given reason back in September, 2014 -

...and I have been publicly crucified by Mr. Garza and his small group of identifiable followers for simply exposing his ethical shortcomings and business falsities on almost a daily basis - just to name a few.

So, care to answer my original question now?

Scott-

Scott - there's no offer of proof here. What I do see is that you've accused him of crimes multiple times, though, there is proof of that for sure - and the C&D letter was probably warranted. At least they warned you before dropping a lawsuit on you - which is probably a pretty fair thing of them to do.

I'm sure you have copies of the chats/video/email - if what you're accusing him of is true, I'm sure posting the proof won't do any more harm than good. Actually, probably better for you since you're clearly not following the C&D's terms, that you stop posting here altogether and seek legal assistance. I do look forward to hearing how the legal proceedings go, so please do drop in from time to time and keep us abreast of your progress.

Unlike you, I haven't been 'misled'.
Unlike you, I haven't been 'lied' to.
Unlike you, I haven't accused anyone of a crime, and so I haven't been attacked by lawyers.
I've also had a withdrawal held up because of a security review of my account (everyone was offered the same explanation, Scott, you are definitely being disingenuous on that one). Do you also consider it theft when a bank transfer takes days and you miss out on a sale that would have netted you a $1000 discount on something?

So, not sure what you want me to say. Nothing wrong over here on my side of the coin other than looking forward to achieving success.

Again, not sure that anything has 'happened to me' that I should report to you.

R00tdude--so you never saw Josh go on record several times promising SHA mining on Primes? You cannot even conceive that some people might have used that calculation to purchase a product, then consider that lying when the appointed time comes and goes twice?

There are many examples of Josh's mouth getting ahead of his brain. When you say or promise something, then fail to deliver at the right time or at all, then that is a lie.

When other people's money is reliant upon accuracy, these things matter even more. Josh should think more and speak less.

Josh has lied to every GAW customer. He has misled every GAW customer.

Whether or not you personally care, or were invested in the products he lied about, is not the issue here.

[geegaw]

Once again, Fraser provided his thoughts on the current crypto currency enviroment. Fraser is an early investor and co-founder of GAW who happens to work for Cantor Fitz is all. He shares the recently issued patent with Homero, under his own name. Not Cantor Fitz. He is mentoring / big brother'ing Homero and helping him out. He is a private investor who just happens to work for Cantor Fitz. Cantor Fitz is not spending a nickel of their funds in this foolishness. Fraser takes home, what 25 million, 50 million a year? He's commited to helping street urchins from troubled homes from way back when. where Homero comes in. Mentoring and big brother'ing via the church. Do you think Cantor has invested in that silly little real estate web company Fraser is also part of?

The disconnect is deliberate and clear. Craftily re-arranged so you fall for it.

Y'all just too thick to see it.

Fraser [early investor / co-founder] of [subject: gaw miners] proffers his opionion of current crypto matters. And he happens to be part of Cantor Fitz. Subject: Fuckwit Inc. finder of the cure for cancer. Homo the Hero, head of GAWK Hospital, says it is about time.  he is an early investor and co-founder [of??] Fuckwit Inc.

The big announcement tomorrow is the domino effect. The excreted PR's pushed out everywhere, will yield, with some luck a call from a studio of some Podunk Fox affiliate to come and talk about it.  Where after sceeches of glee shall be ' we made it on to teevee'

We're entering circus stage on this little venture, that is for sure.

[I_IZ_CEO]

According to his LinkedIn profile he's been the owner of GAW internet since 2001 and GAW Labs since 2012. As well as his role with Cantor and being a Texas Bahama franchise owner:

https://www.linkedin.com/in/stuartafraser

https://i.imgur.com/N5B8dKU.png

so, my deduction is that he is not actually funding anything, but giving the impression that he has given money to the project, to enable him to take a reap of the rewards of the scam?


provably unfair on investors.

Just to be clear on this, your intelligent remark to follow-up on this is that this man would risk spending years in federal prison to support a scam that he has no stake in? And you'd like to be taken seriously, of course, right?

I'm with you. His involvement doesn't preclude a scam, but it does mean that there was probably an actual business plan, and he performed some amount of due diligence. There is no way any professional investor wants to be near a ponzi scheme. I highly doubt this guy thinks this is a scam.

I laughed when I seen this, are you serious?

Cantor Fitzgerald's Betting Affiliate Eyed in Money-Laundering Probe
Federal, State Authorities Investigate Whether Cantor Gaming Failed to Report Suspicious Transactions

Bernard Lawrence "Bernie" Madoff (/ˈmeɪdɒf/;[1] born April 29, 1938) is an American convicted of fraud and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market,[2] and the admitted operator of a Ponzi scheme that is considered to be the largest financial fraud in U.S. history.[3]

Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008.[4][5] The firm was one of the top market maker businesses on Wall Street,[6] which bypassed "specialist" firms by directly executing orders over the counter from retail brokers.

Wolf of Wall Street
Jordan Ross Belfort[5] (/ˈbɛlfɔːrt/; born July 9, 1962) pleaded guilty to fraud and related crimes in connection with stock market manipulation and running a boiler room as part of a penny stock scam. Belfort spent 22 months in prison as part of an agreement under which he gave testimony against numerous partners and subordinates in his fraud scheme.

I had my pension in one of these.

In recent years there has been a regular drum beat of news stories warning us about the enormous unfunded liabilities of state and local pension funds. Much of this has come from reports issued from well-endowed foundations, most notably the Pew and Arnold foundations who have a joint project on public pensions.

Ostensibly these foundations are simply providing information to allow the public to address a major policy problem. However, it is difficult not to ask whether these foundations may be pursuing a different agenda.
First, the reports tend to be focused on highlighting the size of the problem. A quick look at Pew's pension page shows the publication "The Widening Gap Update." The lead line in the description is that state pensions had incurred unfunded liabilities of $737 billion as of 2010. The updated version, "The Fiscal Health of State Pension Plans: Funding Gap Continues to Grow" tells readers that the size of the gap had grown to $915 billion based on 2012 data.

Wall Street has a long history of con artists and crooks who bend and break the rules to benefit themselves. This usually leaves regulators scrambling to close the loopholes and specify grey areas in their regulations in order to prevent copycat con men.

There are only a few things you can count on in the world: death, taxes and Wall Street scams. Here are five of the biggest Wall Street scams of all time.

Sam Israel -- Bayou Hedge Fund Group
Total Scammed: $450 Million

Joseph Nacchio -- Qwest Communications International
Total Scammed: $3 Billion

Bernard Ebbers -- WorldCom
Total Scammed: $100 Billion

Kenneth Lay and Jeffery Skilling -- Enron
Total Scammed: $74 Billion

Bernard Madoff -- Bernard L. Madoff Investment Securities LLC
Total Scammed: $18 Billion (Or maybe +40 BILLION, still unknown)

The Scam

By understanding how the Wall Street con game operates, you can at least avoid being taken to the cleaners and perhaps go on to study enough to profit from this knowledge.
      The unwary investor is made to believe - by a press owned by the very people who are part of the Wall Street scam - that they can make a killing in the stock market if they get lucky. Over the years outsider, small-time investors have lost billions of dollars to the insiders who control and manipulate the stock market to take money from the ignorant.

     The brainwashed investor believes that the stock market goes up and down according to what he reads in the Wall Street Journal or hears about on his evening TV program: interest rates, inflation rates, wholesale prices, gross national product, public fears about foreign and domestic events, and the rantings of the head of the "Federal" Reserve Board. This is all a con game to make the hapless investor believe that the rise and fall in stock prices is not being manipulated by the specialists. The astounding fact is that specialists, working at the behest of their investment banker cronies, are creating the ups and downs of the market to bring them obscene profits!

"There is no way any professional investor wants to be near a ponzi scheme"

Professional investors are the masters of these schemes... Get your head out of your.....

[KC6TTR]

One question:
Has anyone verified Mr. Fraser's referenced LinkedIn account data is in fact real?

Kind of a second/related question:
Has anyone contacted Mr. Frazer directly and/or Cantor Fitzgerald to get some clarity on their respective observations of the current situation?

 
Scott-

[bitcoinvideos]

One question:
Has anyone verified Mr. Fraser's referenced LinkedIn account data is in fact real?

Kind of a second/related question:
Has anyone contacted Mr. Frazer directly and/or Cantor Fitzgerald to get some clarity on their respective observations of the current situation?

 
Scott-

Scott - this is his account. He has a professional reference from someone who worked with him at Cantor and is connected to other Cantor employees.

[KC6TTR]

One question:
Has anyone verified Mr. Fraser's referenced LinkedIn account data is in fact real?

Kind of a second/related question:
Has anyone contacted Mr. Frazer directly and/or Cantor Fitzgerald to get some clarity on their respective observations of the current situation?

 
Scott-

Scott - this is his account. He has a professional reference from someone who worked with him at Cantor and is connected to other Cantor employees.

OK, thanks for verifying.

Scott-

[alienesb]

One question:
Has anyone verified Mr. Fraser's referenced LinkedIn account data is in fact real?

Kind of a second/related question:
Has anyone contacted Mr. Frazer directly and/or Cantor Fitzgerald to get some clarity on their respective observations of the current situation?

 
Scott-

Scott - this is his account. He has a professional reference from someone who worked with him at Cantor and is connected to other Cantor employees.

OK, thanks for verifying.

Scott-

I think you guys are taking this to new levels of crazy. While I agree things might not be what they seem and there has been lies and manipulation this thread has started getting very personal attacking individuals, family members, etc. You are not the Internet police and you should be very careful when you are messing with someones livelihood.

[bitcoinvideos]

LinkedIn is a professional reference for verifying and contacting people on a personal level. This is publicly available information. Nobody is going crazy or threatening people personally and families. Don't turn this into something it isn't.

[KC6TTR]

Scott - there's no offer of proof here. What I do see is that you've accused him of crimes multiple times, though, there is proof of that for sure - and the C&D letter was probably warranted. At least they warned you before dropping a lawsuit on you - which is probably a pretty fair thing of them to do.

I'm sure you have copies of the chats/video/email - if what you're accusing him of is true, I'm sure posting the proof won't do any more harm than good. Actually, probably better for you since you're clearly not following the C&D's terms, that you stop posting here altogether and seek legal assistance. I do look forward to hearing how the legal proceedings go, so please do drop in from time to time and keep us abreast of your progress.

Unlike you, I haven't been 'misled'.
Unlike you, I haven't been 'lied' to.
Unlike you, I haven't accused anyone of a crime, and so I haven't been attacked by lawyers.
I've also had a withdrawal held up because of a security review of my account (everyone was offered the same explanation, Scott, you are definitely being disingenuous on that one). Do you also consider it theft when a bank transfer takes days and you miss out on a sale that would have netted you a $1000 discount on something?

So, not sure what you want me to say. Nothing wrong over here on my side of the coin other than looking forward to achieving success.

Again, not sure that anything has 'happened to me' that I should report to you.

Well, in a nutshell, it is safe to say we do not see eye to eye regarding what is proof of a potential and more than likely Ponzi-type scam versus what can be classified as simple speculation. I have shared more than enough proof in my postings here and elsewhere thus far to give any reasonable person enough pause to consider the risks surrounding this specific topic. Additional proof has already been included in my specific complaints to federal authorities and it will be up to them to decide how that content is handled now that it is in their custody.

To clarify, I am not a party to any civil lawsuits as of the date/time of this post. Yes, I have been attacked and threatened with what appears to be cookie cutter C&D emails from one California based attorney representing GAW Miners LLC (and not any of Mr. Garza’s additional and unregistered DBA’s), but I have not been served or named a party in any legal action. Again, it is my position Mr. Garza has absolutely no legal standing against me or anyone else he has attacked and attempted to censor for expressing our public dissatisfaction of him and his operation. As mentioned, even if he wanted to sue me with a frivolous lawsuit that he likely knows he would lose, he is free to try, but existing federal law prohibiting him from taking action after I have exercised my “whistleblower” protections in reporting his alleged securities violations would at the very least open him and his operation up to additional federal scrutiny. In other words, he has a lot more to lose in this situation than I do – even if I would rather not waste my own time and legitimately earned money proving a point.

Re: Account holds
Thank you for verifying I was not the only one who lost money in BTC conversion value during a period where the market value of the BTC reached one of its highest points in the previous 4 months. Note, however, my hold was not for one withdrawal or day… rather numerous days where NO amount of withdrawal attempts were allowed and with no response or answers to support tickets submitted. I never made or attempted to make a purchase for anything during this period and I was not subject to any “security” concerns or holds. You may be OK with this, but I never leave BTC in excess of US$100 worth in any online wallet for this specific reason. I should have access to my assets in any form at any time I see fit. It is bad enough GAW/Zen removed our ownership powers to do as we wish regarding our Hashlet shares, property, or whatever else you want to call it when the open market and account transfers were closed/restricted with no notice, but take my BTC, FIAT, or other medium of value without my permission and with no offer of compensation and we will have an issue.

Comparing GAW/Zen account holds to traditional bank transfers is unrealistic in truth and fact. A real bank is transparent, you know what is happening at ALL times with your medium of exchange and/or other assets, and they are accountable for their mistakes if/when they occur. Likewise, unless a court garnishment order or IRS account seizure is served upon a traditional bank, there is no legal or functional ability for them to hold your account's balance without your expressed and written authorization (unless you willfully overdraw your account or otherwise defrauded the institution). Even then, the circumstances/procedures are transparent and regulated.

At any rate, I still wish no ill on you or yours, but I refuse to be intimidated or allow who I consider to be an immature and unqualified individual with no real business expertise to take advantage of the true cryptocurrency industry with his pipedreams that are purely engineered to only feed his greed at the expense of others – beyond those who he took care of to establish the top 2 tiers of what can be seen as his Ponzi pyramid.

Scott-

[raskul]

Scott - there's no offer of proof here. What I do see is that you've accused him of crimes multiple times, though, there is proof of that for sure - and the C&D letter was probably warranted. At least they warned you before dropping a lawsuit on you - which is probably a pretty fair thing of them to do.

I'm sure you have copies of the chats/video/email - if what you're accusing him of is true, I'm sure posting the proof won't do any more harm than good. Actually, probably better for you since you're clearly not following the C&D's terms, that you stop posting here altogether and seek legal assistance. I do look forward to hearing how the legal proceedings go, so please do drop in from time to time and keep us abreast of your progress.

Unlike you, I haven't been 'misled'.
Unlike you, I haven't been 'lied' to.
Unlike you, I haven't accused anyone of a crime, and so I haven't been attacked by lawyers.
I've also had a withdrawal held up because of a security review of my account (everyone was offered the same explanation, Scott, you are definitely being disingenuous on that one). Do you also consider it theft when a bank transfer takes days and you miss out on a sale that would have netted you a $1000 discount on something?

So, not sure what you want me to say. Nothing wrong over here on my side of the coin other than looking forward to achieving success.

Again, not sure that anything has 'happened to me' that I should report to you.

Well, in a nutshell, it is safe to say we do not see eye to eye regarding what is proof of a potential and more than likely Ponzi-type scam versus what can be classified as simple speculation. I have shared more than enough proof in my postings here and elsewhere thus far to give any reasonable person enough pause to consider the risks surrounding this specific topic. Additional proof has already been included in my specific complaints to federal authorities and it will be up to them to decide how that content is handled now that it is in their custody.

To clarify, I am not a party to any civil lawsuits as of the date/time of this post. Yes, I have been attacked and threatened with what appears to be cookie cutter C&D emails from one California based attorney representing GAW Miners LLC (and not any of Mr. Garza’s additional and unregistered DBA’s), but I have not been served or named a party in any legal action. Again, it is my position Mr. Garza has absolutely no legal standing against me or anyone else he has attacked and attempted to censor for expressing their public dissatisfaction of him and his operation. As mentioned, even if he wanted to sue me with a frivolous lawsuit that he knows he would likely lose, he is free to try, but existing federal law prohibiting him from taking action after I have exercised my “whistleblower” protections in reporting his alleged securities violations would at the very least open him and his operation up to additional federal scrutiny. In other words, he has a lot more to lose in this situation than I do – even if I would rather not waste my own time and legitimately earned money proving a point.

Re: Account holds
Thank you for verifying I was not the only one who lost money in BTC conversion value during a period where the market value of the BTC reached one of its highest points in the previous 4 months. Note, however, my hold was not for one withdrawal or day… rather numerous days where NO amount of withdrawal attempts were allowed and with no response or answers to support tickets submitted. I never made or attempted to make a purchase for anything during this period and I was not subject to any “security” concerns or holds. You may be OK with this, but I never leave BTC in excess of $100 in any online wallet for this specific reason. I should have access to my assets in any form at any time I see fit. It is bad enough GAW/Zen remove our ownership powers to do as we wish regarding our Hashlet shares, property, or whatever else you want to call it when the open market and account transferred were closed with no notice, but take my BTC, FIAT, or other medium of value without my permission or compensation and we will have an issue.

Comparing GAW/Zen account holds to traditional bank transfers is unrealistic in truth and fact. A real bank is transparent, you know what is happening at times with your medium of exchange and/or other assets, and they are accountable for their mistakes if/when they occur. Likewise, unless a court garnishment order or IRS account seizure is served upon a traditional bank, there is no legal or functional ability for them to hold your account content without your expressed and written authorization (unless you willfully overdraw your account and/or maliciously intent to defraud the bank). Even then, the circumstances/procedures are transparent and regulated.

At any rate, I still wish no ill on you or yours, but I refuse to be intimidated or allow who I consider to be an immature and unqualified individual with no real business expertise to take advantage of the true cryptocurrency industry with his pipedreams that are purely engineered to only feed his greed at the expense of others – beyond those who he took care of to establish the top 2 tiers of what can be seen as his Ponzi pyramid.

Scott-

you see, i tend to think, anyone who takes steps like this to uphold their integrity, has some reasonable cause to do so.
Paycoin is not going to be any kind of global brand. Nor is GAW going to be the corporation who overtook Bitcoin itself.
it's just another hair-brained idea to make money out of people by telling them they will

ALWAYS MAKE MONEY :-)

To me, the reasons are as plain as the nose on my face as to why I should be dissuading people away from investing in this.
But hey, you are all free to make up your own minds, and you are all free to make your own mistakes.

[puwaha]

For those here who do not have any "skin in the game" at GAW/Zen... what is your purpose?

[raskul]

For those here who do not have any "skin in the game" at GAW/Zen... what is your purpose?

the purpose of this community, as it has always been - to uphold the integrity of bitcoin and cryptocurrencies in general.

[puwaha]

For those here who do not have any "skin in the game" at GAW/Zen... what is your purpose?

the purpose of this community, as it has always been - to uphold the integrity of bitcoin and cryptocurrencies in general.

Fair enough.

I see some people with axes to grind because they feel cheated or attacked.  That I get.

But others with nothing but pure hate down to a personal level, I don't get.

[bitcoinvideos]

No hate here. Want to make sure people get transparent information.