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

[Phildo]

This is very confusing. I'm just trying to find out if "hosted miners" actually existed, and it's hard to determine that.

BTW, I don't know if this has been covered elsewhere, but Eric Capuano and Josh Garza were childhood friends in Texas. They've known each other forever.

That email from gridseed spells out exactly how stupid it is, if it did exist.

"send me 1 million dollars and we'll talk again when you get 1 million worth of litecoins." On what planet is that a smart idea?

I don't quite get the structure of that deal. Why did Gridseed need a deposit in addition to the maintenance fee paid in advance? Just a general distrust for Mr. Garza due to their prior dealings or were they trying to pull a scheme of their own?

They needed payment for GAW using their miners. Not sure why they called it a deposit instead of a payment, but asking GAW for payment up front seems like one of the only intelligent business decisions anyone made in this saga.

[Crestington]

Alright anyone have a quick summary of some of the information that has been revealed through these emails?

Summery:

Josh lied about everything and it was all fake, all the emails tell you the truth to what was actually going on.

[bumpershot]

So close I can taste it...

Code:

From 1474372822657976576-c92cec59-6005-4559-bf9e-d019634fb19b.mbox@xxx Tue Jul 22 11:24:53 2014
From: Joe Mordica <joe@geniusesatwork.com>

Add DataCenter Model<br>Add additional fields to Device Model<br>Add `kilowatts` field to Machine model<br>Use mongoose-timestamp in DataCenter Model<br>Replace fee fields with kilowatts in machines tmpl<br>Validate kilowatts in client side admin js<br>Accept kilowatts in machines socket handler<br>Update machines tests for kilowatt field<br>Add total payout field to Device model<br>Add datacenters socket handler<br>Added route for datacenters<br>Add data centers to sidebar<br>Add datacenters template<br>Check id first<br>Added datacenters dt api<br>Add client side datacenters logic<br>Added tests for datacenters socket handler<br>Added cache.refreshDataCenters<br>Added cache.getDataCenters<br>Add datacenter field to Code Model<br>Change args to object, cb<br>Save datacenter to code<br>Added admin.datacenters middleware<br>Use admin.datacenters mw for /codes<br>Add data center select input for device creation<br>require datacenter in codes.create<br>Add client logic for datacenters in dev creation<br>Update codes socket handler tests<br>Check for datacenter in users.addDevice<br>Added TODO to users handler<br>Use admin.datacenters mw for GET /users<br>Code cleanup<br>Add data center to modal on users page<br>Add client side logic for checking datacenter<br>Update users socket handler tests<br>Validate data center<br>Save device totalPayout in recordPayout

From 1474372887464655542-4243b3e1-4f3e-4c75-9415-1608c14982a5.mbox@xxx Tue Jul 22 11:25:55 2014
From: Joe Mordica <joe@geniusesatwork.com>

These items and new models needed to be added in order to add the fields so we are doing the correct calculations. These are all of the key points we discussed this morning that had to be done in order to make this spit out the right numbers.

[eightcylinders]

I don't see why Cantor would be involved with such an open scam obviously ran by idiots who couldn't even type a sentence. This must have been some employee low on the totem pole who has gone ahead and screwed himself trying to make a bit of cash.

Stuart Fraser is the grandson of one of the founders, and Stuart himself is one of the partners in Cantor.  So no, not a low level job.

That doesn't mean the rest of his partners had any inkling of what was happening of course.  It does appear Stuart at the very least played a key, knowing, role in bringing some of the investors and more importantly, in legitimizing the operation.

It remains to be seen if Stuart actually knew that there was nothing behind the curtain.  He very well could have been trusting Josh who he seems to have some kind of relationship with.  And remember that GAW when it was selling miners WAS a leading distributor of miners so it was legit for a short period of time.

And one last point about the Cantor angle... those guys are in international bond trading, NOT venture capital.  There is a world of difference and it is very possible that the smart folks at Cantor got bamboozled just like the rest of the folks on HT by a technology that they know nothing about.

[vizique]

So close I can taste it...

Code:

From 1474372822657976576-c92cec59-6005-4559-bf9e-d019634fb19b.mbox@xxx Tue Jul 22 11:24:53 2014
From: Joe Mordica <joe@geniusesatwork.com>

Add DataCenter Model<br>Add additional fields to Device Model<br>Add `kilowatts` field to Machine model<br>Use mongoose-timestamp in DataCenter Model<br>Replace fee fields with kilowatts in machines tmpl<br>Validate kilowatts in client side admin js<br>Accept kilowatts in machines socket handler<br>Update machines tests for kilowatt field<br>Add total payout field to Device model<br>Add datacenters socket handler<br>Added route for datacenters<br>Add data centers to sidebar<br>Add datacenters template<br>Check id first<br>Added datacenters dt api<br>Add client side datacenters logic<br>Added tests for datacenters socket handler<br>Added cache.refreshDataCenters<br>Added cache.getDataCenters<br>Add datacenter field to Code Model<br>Change args to object, cb<br>Save datacenter to code<br>Added admin.datacenters middleware<br>Use admin.datacenters mw for /codes<br>Add data center select input for device creation<br>require datacenter in codes.create<br>Add client logic for datacenters in dev creation<br>Update codes socket handler tests<br>Check for datacenter in users.addDevice<br>Added TODO to users handler<br>Use admin.datacenters mw for GET /users<br>Code cleanup<br>Add data center to modal on users page<br>Add client side logic for checking datacenter<br>Update users socket handler tests<br>Validate data center<br>Save device totalPayout in recordPayout

From 1474372887464655542-4243b3e1-4f3e-4c75-9415-1608c14982a5.mbox@xxx Tue Jul 22 11:25:55 2014
From: Joe Mordica <joe@geniusesatwork.com>

These items and new models needed to be added in order to add the fields so we are doing the correct calculations. These are all of the key points we discussed this morning that had to be done in order to make this spit out the right numbers.

https://www.youtube.com/watch?v=kIbEj1CIpuU

[maildir]

Stuart Fraser is not just a hired hand at Cantor Fitzgerald, he is the favorite nephew of Aunty Iris Cantor:

Stuart Fraser, Iris Cantor's nephew

Husband of "Bernie" Cantor the founder. Ole Stu's been cruising along from day one and ain't going anywhere SOON ™

[vancefox]

Anyone with a non permission required torrent?

[verloren]

I don't see why Cantor would be involved with such an open scam obviously ran by idiots who couldn't even type a sentence. This must have been some employee low on the totem pole who has gone ahead and screwed himself trying to make a bit of cash.

Stuart Fraser is the grandson of one of the founders, and Stuart himself is one of the partners in Cantor.  So no, not a low level job.

That doesn't mean the rest of his partners had any inkling of what was happening of course.  It does appear Stuart at the very least played a key, knowing, role in bringing some of the investors and more importantly, in legitimizing the operation.

It remains to be seen if Stuart actually knew that there was nothing behind the curtain.  He very well could have been trusting Josh who he seems to have some kind of relationship with.  And remember that GAW when it was selling miners WAS a leading distributor of miners so it was legit for a short period of time.

And one last point about the Cantor angle... those guys are in international bond trading, NOT venture capital.  There is a world of difference and it is very possible that the smart folks at Cantor got bamboozled just like the rest of the folks on HT by a technology that they know nothing about.

Even VC people get screwed over. The start up funding success rate isn't very high

[adipurnama]

Josh makes a comedy again
people in HT really stupid and ignorant
even small children know that Josh was an impostor
remember the month of February he made the same vote
debit card
1 million merchants
hahaha now he made a joke with coin SCAME

https://hashtalk.org/topic/36528/debit-card-poll

josh you are a very clever to deceive many people

[bumpershot]

Code:

From: Josh Garza <josh@geniusesatwork.com>
To: Dan Pease <dpease@geniusesatwork.com>
Content-Type: multipart/alternative; boundary=20cf3074d9a425df2004fe778538

--20cf3074d9a425df2004fe778538
Content-Type: text/plain; charset=UTF-8

Thank, so want him off my back


On Fri, Jul 18, 2014 at 9:12 AM, Dan Pease <dpease@geniusesatwork.com>
wrote:

> Ok I will stop and get thus together.
> On Jul 18, 2014 9:06 AM, "Josh Garza" <josh@geniusesatwork.com> wrote:
>
>> I need to know asap, before anything is cleaned as I want to get stuart
>> his money back
>>
>> A butt load of money will be in on monday
>>
>>
>> On Fri, Jul 18, 2014 at 9:02 AM, Dan Pease <dpease@geniusesatwork.com>
>> wrote:
>>
>>> Let me do the numbers. I think so. I just need to make sure that payroll
>>> for gaw hsi and labs go though and we should be close to 200k. I will make
>>> sure the checks will clear and then the rest I will hold off till Monday.
>>> I'll be in touch after I get e. Longmeadow clean.
>>>  On Jul 18, 2014 8:59 AM, "Josh Garza" <josh@geniusesatwork.com> wrote:
>>>
>>>> good morning!
>>>>
>>>> Can we scrap 200k together this morning by holding off on things?

[maildir]

Cantor is actually well versed, or should be, in all of this:

http://www.cantor.com/portfolio/cantor_ventures
http://www.cantor.com/portfolio/cgtechnology

the guy they met up works here though:

http://www.bgcpartners.com/

[eightcylinders]

Can someone please organize and re-host the dumps from the last 24 hours (or if they are duplicate identify so I can stop trying to chase down a duplicate):

1) Matthew Eden dump referred to by bitsofnews.com and by Josh himself in his post on HT, but the file they provide now is only a small 236K "sampler"

2) The Dropbox sump titled SEC Email Download Copy 2 (and is "2" referring to part 2, such as there is another dump "SEC Email Download Copy 1? or is the 2 referring to some kind of numbering of the full copies?)

3) The 5GB Torrent posted on bitsofnews.com but now appearing to be gone (my torrent is waiting for peers)

Other?

[eightcylinders]

I don't see why Cantor would be involved with such an open scam obviously ran by idiots who couldn't even type a sentence. This must have been some employee low on the totem pole who has gone ahead and screwed himself trying to make a bit of cash.

Stuart Fraser is the grandson of one of the founders, and Stuart himself is one of the partners in Cantor.  So no, not a low level job.

That doesn't mean the rest of his partners had any inkling of what was happening of course.  It does appear Stuart at the very least played a key, knowing, role in bringing some of the investors and more importantly, in legitimizing the operation.

It remains to be seen if Stuart actually knew that there was nothing behind the curtain.  He very well could have been trusting Josh who he seems to have some kind of relationship with.  And remember that GAW when it was selling miners WAS a leading distributor of miners so it was legit for a short period of time.

And one last point about the Cantor angle... those guys are in international bond trading, NOT venture capital.  There is a world of difference and it is very possible that the smart folks at Cantor got bamboozled just like the rest of the folks on HT by a technology that they know nothing about.

Even VC people get screwed over. The start up funding success rate isn't very high

True, but most VCs are good at spotting scams and fluffery.  Very good at it in fact.  They lose 8/10 times because of technology adoption, execution failures, etc. but rarely to a complete fraud/scam operation.  Napster is probably the biggest exception to my statement, but even there everyone was told of the legal risks and the $$ just blinded the best and brightest from the legal issues.

[coinits]

Josh makes a comedy again
people in HT really stupid and ignorant
even small children know that Josh was an impostor
remember the month of February he made the same vote
debit card
1 million merchants
hahaha now he made a joke with coin SCAME

https://hashtalk.org/topic/36528/debit-card-poll

josh you are a very clever to deceive many people

LOL Pay for a debit card, that's the spirit of crypto!

Accept Paycoin?

[bumpershot]

Code:

From 1473806981922049817-58e1e109-8de0-4b4b-871e-ba60a99ee099.mbox@xxx Wed Jul 16 05:31:05 2014
From: Joe Mordica <joe@geniusesatwork.com>

should we virtualize all 5-chip units? sell on ebay?

Code:

From 1473807041021262691-83b39689-9d54-49f3-8e8e-fcdcf7368128.mbox@xxx Wed Jul 16 05:32:02 2014
From: Joe Mordica <joe@geniusesatwork.com>

also, i&#39;ll let dan know those blades are all virtual

Code:

From 1473807090669216542-9cb9be80-b37e-4dc9-ad4b-c53a8b114d50.mbox@xxx Wed Jul 16 05:32:49 2014
From: Joe Mordica <joe@geniusesatwork.com>

you thought we moved 5-chip devices to virtual devices?

From 1473807142524445381-c36823f9-bab0-49a3-b389-dede435009e7.mbox@xxx Wed Jul 16 05:33:39 2014
From: Joe Mordica <joe@geniusesatwork.com>

how do you want to proceed with the sale of blades/5-chip?

[bumpershot]

Code:

From 1473735108416998100-9d1c23a5-7b7b-4d43-ba3c-bb123c090577.mbox@xxx Tue Jul 15 10:28:42 2014
From: Tim Davis <timdavis@gmail.com>

He is pushing people to review right now.

From 1473735117769552694-a7862b0a-1ffe-41db-a6ce-eac693f40b08.mbox@xxx Tue Jul 15 10:28:51 2014
From: Josh Garza <josh@geniusesatwork.com>

Yes sir

From 1473735134143476066-d80bf058-2ab1-4781-8146-f4a4710efb7d.mbox@xxx Tue Jul 15 10:29:06 2014
From: Tim Davis <timdavis@gmail.com>

Even bribing them to do it.  😃

From 1473735055822088256-2d09bed7-4296-4267-b67f-efd50f64605f.mbox@xxx Tue Jul 15 10:27:51 2014
From: Josh Garza <josh@geniusesatwork.com>

System is pretty simple right now

From 1473735065632142238-5cd7f191-5f6e-4b25-b7a6-ed69e68b3fcc.mbox@xxx Tue Jul 15 10:28:01 2014
From: Tim Davis <timdavis@gmail.com>

Good reviews take a period of time, but you can&#39;t just spit out your thoughts in 5 minutes. You have to actually review the product and take notes along the way.

[recon_eric]

This is very confusing. I'm just trying to find out if "hosted miners" actually existed, and it's hard to determine that.

BTW, I don't know if this has been covered elsewhere, but Eric Capuano and Josh Garza were childhood friends in Texas. They've known each other forever.

100% true, unfortunately... I've known Josh since I was about 15, although we did not keep in touch (other than social media) until mid 2014 when this whole mess started. Due to my own ignorance, naivety and just plain blind-trust, I've made many mistakes since I started working for Josh. I'm also taking the appropriate steps to own and rectify those mistakes with the authorities.

All of that said, I was also the first person internally to confront Josh regarding his unsavory business practices and to subsequently resign. I voluntarily forfeit all of my "shares" or "equity" in the company and moved home less than a week later. Since then I've been working actively with many others to bring all of this to an end, unfortunately most of those efforts are not publicly known due to the ongoing investigation.

I don't expect lenience or sympathy from anyone here... I'm wise enough to know that I'll get the exact opposite instead. I'll take the heat for my involvement, I'm just glad that the community is finally armed with the truth as this will hopefully speed up the process. Too many people have been affected by this and it needs to end 8 months ago.

Since apparently every conversation ever had is public knowledge, I'll share the last conversation I ever had with Josh. This conversation happened on 1/25 right after zen_eric was banned from Hashtalk for trying to share the truth with Hashtalkers.

https://i.imgur.com/gwxLo5d.png

[holdembot]

Getting caught with your hand in the cookiejar is a well known expression but all these leak emails is more like getting locked up in the bankvault during the robbery.

Wow if these people dont end up in jail then the whole fucking world will start doing these scams.

[Fargo]

Josh makes a comedy again
people in HT really stupid and ignorant
even small children know that Josh was an impostor
remember the month of February he made the same vote
debit card
1 million merchants
hahaha now he made a joke with coin SCAME

https://hashtalk.org/topic/36528/debit-card-poll

josh you are a very clever to deceive many people

LOL Pay for a debit card, that's the spirit of crypto!

More failed hype.

[bumpershot]

I think the funniest thing is him tracking his wife's every move.

Code:

Jessica detected ignition on, Location: 54 Horseshoe Ln, 06071-2236, Somers, CT, 08/15/14 11:34 AM

Code:

Jessica has triggered an IDLE alert, Location: 14 High Meadow Cir, 01028-3171, East Longmeadow, MA, 08/15/14 12:49 PM

etc.