Post
Topic
Board Scam Accusations
Re: Butterflylabs Huge SCAM
by
MooC Tals
on 16/05/2013, 21:20:06 UTC
Please understand that I have kept up with the facts and made my decision to pre-order after I waited a good amount of time to collect the data I needed to feel comfortable enough with the risks.

If you really kept up with the facts and did your due diligence, you would find out that the President of Butterfly Labs, Sonny Vleisides, is a felon. He was convicted of running a mail fraud racket that, over six years, stole $20 million from the elderly and naive. These scams went by names like Shamrock Agency, German Swiss Group and World Expert Fund. His business partner at the time, Dennis Emmet, is now in jail for MURDER. He shot a guy IN THE FACE after getting into an argument.

These are facts, not libel. Google his name and read the affidavit. Even if they are legitimately creating a product, look at his past business practices, who he associates himself with, and ask yourself seriously if they are worthy of your hard-earned money. This company has not delivered for a year and is run by a former con artist. Any newbies thinking about pre-ordering need to take this into consideration.

https://bitcointalk.org/index.php?topic=110805.0
http://insidecostarica.com/dailynews/2005/may/01/nac04.htm

Well actually Sonny Vleisides received a lesser charge of mail order fraud. I could be wrong as I am going through memory that a murder was done by someone like a co-company founder or business partner and legal processes were not able to be done on time or something to that degree. Or else it would have been a 300+ years in prison. The information is there. I need to read a post all the way through. duh

However the disturbing thing was he had a chance to explain things through the forum but he closed the thread citing he was being unfairly attacked by competitors.

Actually he has a probation stipulations that bar him from doing these kinds of business internationally. Maybe that is why josh is not fired yet due to poor PR. My opinion again oops