What happened::
theyoungmillionaire (u=1180530) has borrowed bitcoin from me, and agreed to adhere to a payment plan that consisted of 6 partial payments. The whole of the loan plus interest was due to be completely payed off by June 4th, 2020. In early January theyoungmillionaire contacted me via PM and informed me that he would be unable to make the payment due that month, but would instead make arrangements to pay off the whole loan by the end of the month of January. As of this point in time I have not received any payments toward his loan. theyoungmillionaire has not logged into the forum since January 6, and has not responded to any PMs (3) that I have sent since that date.

Scammers Profile Link:
theyoungmillionaire

Reference Link:
Loan Request 1 [Archive],
Loan Request 2 [Archive].

Amount Scammed:
Loan: 0.311825 BTC
Interest: 0.076399 BTC
Total: 0.388224 BTC

Payment Method:
BTC

Proof of Payment:
7f302a56a10fc57ce1bb15bcecb9aeaa868d5ba25eda6884191df10b36c7a796
bff0e1afd24cdbb2b627edd40feae6d63f3f7e880fc706efff5de29e55b3f1cd

PM/Chat Logs:

Quote from: DireWolfM14 on November 04, 2019, 09:19:59 PM

Quote from: theyoungmillionaire on November 04, 2019, 08:30:03 PM

Hi, DireWolfM14,

As discussed via PM.

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
Username: theyoungmillionaire
Loan Amount: 0.311825
Purpose: Trading
Collateral: None
Repayment date: 6 months
Repayment Amount: 0.388224 BTC
Funding Address: 35jR51b4MRoULgKwBD8sRXq8JnP4iG3vvz
-----BEGIN SIGNATURE-----
1young1tytJ9on6h3bSFTC9tAdBPg6P9i
G8zExD5bnQ+SX81WYP0svQ6GB2Vx6Uw5NUa4TrASzPbVXgxjII9tiq8qOW085CQBXWZ/dZNwDYA7yeowc7ijzek=
-----END BITCOIN SIGNED MESSAGE-----

Howdy TYM,
Per our discussion via PM, I've refinanced your loan, with an additional 0.08 btc sent today.

To summarize:

On September 19th I sent you a loan for 0.3 btc.
Tx: 7f302a56a10fc57ce1bb15bcecb9aeaa868d5ba25eda6884191df10b36c7a796

On October 19th you sent a partial payment of 0.096 btc (0.075 principal, 0.021 btc interest.)
Tx: 60d44b771d5bfd62e37b6298c9f0e0c3de5288fa16c02cb6a65fb3becf04ebe8

Today, November 4th I sent an additional 0.08 btc.
Tx: bff0e1afd24cdbb2b627edd40feae6d63f3f7e880fc706efff5de29e55b3f1cd

As of today, you still had 0.225 btc of principal outstanding. With interest calculated up to today your obligation was 0.231825 btc. With the additional 0.08 btc sent today, your total loan is now 0.311825, and per our agreement payments will be made according to the following plan:

\|\|.Date	\|\| Loan	\|\| Principal	\|\| interest	\|\| payment	.\|\|
\|\|.4.DEC.2019	\|\| 0.311825	\|\| 0.051971	\|\| 0.021828	\|\| 0.073799	.\|\|
\|\|.4.JAN.2020	\|\| 0.259855	\|\| 0.051971	\|\| 0.01819	\|\| 0.070161	.\|\|
\|\|.4.FEB.2020	\|\| 0.207884	\|\| 0.051971	\|\| 0.014552	\|\| 0.066523	.\|\|
\|\|.4.MAR.2020	\|\| 0.155913	\|\| 0.051971	\|\| 0.010914	\|\| 0.062885	.\|\|
\|\|.4.APR.2020	\|\| 0.103942	\|\| 0.051971	\|\| 0.007276	\|\| 0.059247	.\|\|
\|\|.4.MAY.2020	\|\| 0.051971	\|\| 0.051971	\|\| 0.003638	\|\| 0.055609	.\|\|

Please pay back to this address: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ

And once again, thank you for the opportunity to be your lender.

Quote from: theyoungmillionaire on November 05, 2019, 05:17:53 AM

Quote from: DireWolfM14 on November 04, 2019, 09:19:59 PM

Today, November 4th I sent an additional 0.08 btc.
Tx: bff0e1afd24cdbb2b627edd40feae6d63f3f7e880fc706efff5de29e55b3f1cd

Confirming receipt.

Quote from: DireWolfM14 on November 04, 2019, 09:19:59 PM

As of today, you still had 0.225 btc of principal outstanding. With interest calculated up to today your obligation was 0.231825 btc. With the additional 0.08 btc sent today, your total loan is now 0.311825, and per our agreement payments will be made according to the following plan:

\|\|.Date	\|\| Loan	\|\| Principal	\|\| interest	\|\| payment	.\|\|
\|\|.4.DEC.2019	\|\| 0.311825	\|\| 0.051971	\|\| 0.021828	\|\| 0.073799	.\|\|
\|\|.4.JAN.2020	\|\| 0.259855	\|\| 0.051971	\|\| 0.01819	\|\| 0.070161	.\|\|
\|\|.4.FEB.2020	\|\| 0.207884	\|\| 0.051971	\|\| 0.014552	\|\| 0.066523	.\|\|
\|\|.4.MAR.2020	\|\| 0.155913	\|\| 0.051971	\|\| 0.010914	\|\| 0.062885	.\|\|
\|\|.4.APR.2020	\|\| 0.103942	\|\| 0.051971	\|\| 0.007276	\|\| 0.059247	.\|\|
\|\|.4.MAY.2020	\|\| 0.051971	\|\| 0.051971	\|\| 0.003638	\|\| 0.055609	.\|\|

Please pay back to this address: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ

And once again, thank you for the opportunity to be your lender.

Agreed.

Thank you, DireWolfM14.

https://archive.md/8UiTM#selection-8135.0-8135.6

Additional Notes:
Type 3 flag created:
https://bitcointalk.org/index.php?action=trust;flag=1470