███ Stay away from GAWminers.com / Paycoin / Paybase - Mineral - SCAM ! ███

[Rmcdermott927]

Do we really expect anything more from Garza at this point.   Even before paycoin, there were numerous scam red flags.    Paycoin is just the straw that broke the camels back.

[flyingplows]

Any real news about incoming compensation plan for hashlets this Friday?

[MacDuro]

Any real news about incoming compensation plan for hashlets this Friday?

No , but Garza finally found a way to run from XPY and blame others for his failure .

https://hashtalk.org/topic/36012/http-paycoinfoundation-org-2015-04-09-declaration-of-paycoins-independence/29

@MrCEO said:
> Its unfortunate this was handled this way......I am sory to say, but it is likely this will be the end of paycoin.

[Xian01]

http://ia601506.us.archive.org/27/items/gov.uscourts.mssd.88839/gov.uscourts.mssd.88839.docket.html

[jimmothy]

http://ia601506.us.archive.org/27/items/gov.uscourts.mssd.88839/gov.uscourts.mssd.88839.docket.html

Nice find.

[MacDuro]

http://ia601506.us.archive.org/27/items/gov.uscourts.mssd.88839/gov.uscourts.mssd.88839.docket.html

Nice find.

That's the real reason why Zencloud stopped his mining operation ... not the low BTC value , market conditions or high electricity price . Zen cloud stopped because GAW did not pay the electricity . Again it seems that GAW was not saying all to his customers .

[LiteCoinGuy]

Power Company Suing GAW Miners for $350,000

According to a court document from the Southern District of Mississippi Court System, Mississippi Power Company (MPC) is suing GAW Miners for upwards of $350,000 for failure to make payment for services provided.

https://bitcoinmagazine.com/19949/mississippi-power-company-suing-gaw-miners-350000/


Gawsome!   

[flyingplows]

Power Company Suing GAW Miners for $350,000

According to a court document from the Southern District of Mississippi Court System, Mississippi Power Company (MPC) is suing GAW Miners for upwards of $350,000 for failure to make payment for services provided.

https://bitcoinmagazine.com/19949/mississippi-power-company-suing-gaw-miners-350000/


Gawsome!  

Oh, this is why these scammers shut down zencloud and stopped mining while it was still profitable.. Just wondering what excuses they will come with as to why not giving us the vouchers they promised for their failed hashlets

[lissandra]

Damn $350,000 is absurd.

I hope they win their court case regarding on their services. Screwing a power company though? wtf are you thinking lol.

[flyingplows]

Damn $350,000 is absurd.

I hope they win their court case regarding on their services. Screwing a power company though? wtf are you thinking lol.

They don't give a shit - they just scam anyone anybody any company that gets in their way. That's how they do business
Scammed their customers, electricity company, lol, what they are gonna scam next - the company they rented land for their mining farm (if there even was any mining at all), their own employees, they could even scam the court you know Cause it's all they do

[waterpile]

Karma hit them really fast. Good job GAW and justice will be served to you soon

[malzahar]

I agree, this is karam coming back hitting 10x hard for all those crazy mining fees.

Theres no way that the power company will lose, its like scewing with a government.

[LiteCoinGuy]

Garza & Friends: Additional Emails Detailed

A cache of hundreds of thousands of emails leaked from the office of GAW Miners totalling 5.1 GB in size spanning the time period May 2014 through January 2015 detail the lengths Homero Joshua Garza has gone to in order to maintain his fraudulent business activities.

While Qntra has previously published articles specific to Garza himself, this article will focus on the people in the periphery, their communications with Garza and their eagerness to conduct business with him unwittingly or perhaps even choosing to ignore the obvious red flags in order to turn a nice dollar.

http://qntra.net/2015/04/garza-friends-additional-emails-detailed/

[Gleb Gamow]

https://blockchain.info/tx/cd737b129a57abe2c38fa4f7eab6e67ebb59b33f56ea7b8550af4b77c1aff719

I'm gettin' tired of huntin' other people's moneys!  

[crazyivan]

Garza & Friends: Additional Emails Detailed

A cache of hundreds of thousands of emails leaked from the office of GAW Miners totalling 5.1 GB in size spanning the time period May 2014 through January 2015 detail the lengths Homero Joshua Garza has gone to in order to maintain his fraudulent business activities.

While Qntra has previously published articles specific to Garza himself, this article will focus on the people in the periphery, their communications with Garza and their eagerness to conduct business with him unwittingly or perhaps even choosing to ignore the obvious red flags in order to turn a nice dollar.

http://qntra.net/2015/04/garza-friends-additional-emails-detailed/

Still waiting on some solid info about authorities doing something. Cannot believe nobody does anything on this issue.

[flyingplows]

And I thought everybody was doing everything about the issue. Investigations from SEC and others ongoing, friends and colleagues turning away from Homero because not wanting to go to jail with him etc... All there services lockout out and defunct, all development stopping, even paycoin is undergoing anti Homero changes   There is a big investigation and he will go to jail sooner or later, it's just, you know, hard grindstone turns slowly...

[LiteCoinGuy]

Interview: Former GAW Miners Employee Speaks Up

GAW Miners is a company that started out as a reputable and respected company in the bitcoin field, selling mining devices. They shipped quickly and prices were very reasonable, but it somehow resulted in a collapsed scam, with its CEO, Josh Garza, trying to cover up everything.

GAW Miners ran their own forum, HashTalk, where the company and other subjects were discussed. However, as GAW Miners slowly transitioned from a legit hardware seller to a cloud mining ponzi, many tactics were put in place to cover up the scheme.

http://www.coinbuzz.com/2015/04/22/exclusive-interview-former-gaw-miners-employee-speaks-up/

[LiteCoinGuy]

Cryptsy Owns ‘Hyper Staking’ Paycoin Prime Controller

During a community hangout organized by the Paycoin Foundation, a surprise announcement was made that one Prime Controller is being held by digital currency exchange Cryptsy. The transaction was also posted about on the Paycointalk forums. According to that post, it seems plausible that the Prime Controller was given to get Cryptsy to update to the new Paycoin wallet.

http://www.miningpool.co.uk/breaking-cryptsy-owns-hyper-staking-paycoin-prime-controller/

[LiteCoinGuy]

A shadowy new "organization" calling itself Crypto Private Investor Group just announced its forming. This is a Josh Garza/GAW/Paycoin aligned group; although it purports to "greater worldwide adoption of cryptocurrencies like Bitcoin". I wouldn't trust anything coming from this group.

Some of the more concerning quotes:

    -'Members of the CPIG stand with GAW founder, Josh Garza"

    -"greater worldwide adoption of cryptocurrencies like Bitcoin, Paycoin and other... - as if the worthless shitcoin that is paycoin deserves to be mentioned in the same breath as bitcoin, let alone any other non-scam altcoin."

    -"To undo the negative impact, outcome and perception from circumstances like Mt. Gox and those that seek to undermine the category’s success through the use of highly sensationalized media covering the category based upon conjecture versus fact." >> these idiots obviously have been brainwashed by Josh Garza to believe that they were not, in fact, scammed, but that rather they were the victims of "sensationalized media" and "conjecture".

http://www.reddit.com/r/Bitcoin/comments/347iia/psa_a_shadowy_new_organization_calling_itself/

[flyingplows]

A shadowy new "organization" calling itself Crypto Private Investor Group just announced its forming. This is a Josh Garza/GAW/Paycoin aligned group; although it purports to "greater worldwide adoption of cryptocurrencies like Bitcoin". I wouldn't trust anything coming from this group.

Some of the more concerning quotes:

    -'Members of the CPIG stand with GAW founder, Josh Garza"

    -"greater worldwide adoption of cryptocurrencies like Bitcoin, Paycoin and other... - as if the worthless shitcoin that is paycoin deserves to be mentioned in the same breath as bitcoin, let alone any other non-scam altcoin."

    -"To undo the negative impact, outcome and perception from circumstances like Mt. Gox and those that seek to undermine the category’s success through the use of highly sensationalized media covering the category based upon conjecture versus fact." >> these idiots obviously have been brainwashed by Josh Garza to believe that they were not, in fact, scammed, but that rather they were the victims of "sensationalized media" and "conjecture".

http://www.reddit.com/r/Bitcoin/comments/347iia/psa_a_shadowy_new_organization_calling_itself/

Nobody cares bout em I just hoard my PayCONs PayCoin is soon^tm to be overwhelmed by one mysterious alt (clues in this post) so their efforts r futile