So a 30BTC investment nets a 1% dividend.

Based off of last year's numbers of an 1100BTC profit for BetKing, that's an 11BTC ROI, or 36%, over the course of one calendar year. So three years to get my investment back (in BTC, not USD equiv.) at current levels in a highly volatile crypto-currency that could be worth $1000+ or $10 at any one time.

This is a very risky investment to make from what I'm seeing, and I was one of the ones who orchestrated the LTC option trades back when the coin traded at $.03-$.05.

Why not list shares to raise the funds you seek using Havelock Investments? No alt-chain to maintain or anything.

-Moose

Bump.

If two weeks pass from this bump with no interest, I'll close it back down.

Hey everyone! Check the updated OP.

I'm backkkkkk!!!!!

The PI had located Joe at his Algona residence that he owns. The investigator spoke with Joe and he refused to talk and refused to give a phone number. I will be contacting the company's attorney tomorrow to talk about pursuing a civil suit. I will inquire about whether or not multiple people can join in. If any of you are interested please PM me.

I've spent $200 on the PI already. I have no idea what the lawyer will cost. $15000 worth of computer equipment and loans is worth pursuing. I hope some of you with systems with him will contact me and we can pursue this together to take this bastard down.

I've contacted a Private Investigator in Seattle. He now has all the information on Joe that I have. It's going to cost me $65/hr to use his services, but from what I've found online about him, he's pretty damn good.

If I'm able to locate Joe's whereabouts through this PI, I will share it freely on this thread. I will post a donation address though after I get the final bill if Joe is located to hopefully get donations from any victims if the information proves helpful in recouping losses associated with this.

The PI even said if he locates Joe, he will go try and see him and demand the equipment be turned over to him in its entirety right then and there. Otherwise, the legal route we go!

Thanks everyone,
Moose

I'm still hunting this guy. No new information on any people finder tools just yet. I'm mailing out a letter to a PO Box that may be his and another letter to his wife. Also e-mailed his dad's email again I learned from a previous tip late last year. Is there ANYONE who can help me find this POS?

Mailing a letter to Nancy Councilman today. Hopefully she still lives at that address and will call or respond to me.

--bump--

Hello everyone,

I don't want to rehash everything in this thread as it can all be found and read over in the HostedMining.com thread initially started by zif33rs (Joe Councilman). He has been offline since September 2013 when he went to jail for an old DUI charge. The last contact I had with him was November 7th. Since then, he won't respond to phone calls, emails, texts, anything. He moved from Seattle to Wanachee, WA and was living in his camper after the arrest, trying to get back on his feet and find a new place to host the miners supposedly. I filed a police report with Wanachee police, but they won't call me back.

HostedMining is a complete scam now as far as I'm concerned. Joe has over $15k of my equipment and cash loans. That doesn't count all the other clients he was hosting. One of them saw one of their PCs online and logged in remotely and captured an IP address belonging to a Wanachee resident through Cox Communications. It's my belief that he's re-established hosting, but is doing it privately to take advantage of the hashing power he has to generate large sums of scrypt-based crypto for himself due to the high value of some of those coins.

Is there ANYONE that thinks they could help track down Joe's whereabouts? I will personally pay him a visit if so and pay a cash reward for your assistance. I've done everything I can think of, and I want my computers as well as all the other clients' systems back so we can do what we wish with them. We've lost tens of thousands of dollars in missed mining profits by now due to this scumbag.

Someone please help or give ideas for me to look into!
-Moose

Have you all given up?! This mother fucker has to be out there somewhere. Does no one have friends around Seattle?

Still no word from the police. Running out of ideas now. I can only hope a new address shows up in his public files that you can buy on the Internet. At this point, I'd love to just find an obituary on this piece of shit. I'm not giving up on finding him, but I wish some of you other customers would help. If I post the case number, will you call the Wenachee PD as well and file a separate report and reference my case number to be included in yours?

I've called the Wenatchee PD to file a report on this. An officer should be returning my call soon. If anyone has relevant information on Joe, please PM it to me. Xavier, I've already PMed you for more info.

-Moose

Wow Xavier, can you post which address these LTC are going to?

I will file a report today on Hostedmining. Joe's probably hoping to cash in on the high prices for his own benefit then try to come out with some story and get his customers back.

He actually is in Wenatchee, WA though. That's where he went to with his camper after getting out of jail. He was looking for leases in that city. He probably got one and is now getting miners set up to profit for his own gain.

Has anyone been calling/texting the number for him I posted?? Still no answers but I am hoping we can bug the shit out of him until his phone is unusable.

Also, I'm going to look for a local news channel up there that does investigative pieces and tell them the Joe story. Media loves running pieces on BTC and other cryptos when it shows people getting scammed. I'm hoping they'll find him, or at least bring a news van to his ex-wife's house and put them on blast. I'm going after her and his kids now to get him to come out of the bushes.

Still can't find Joe. I asked a friend who lives in Washington to pay a visit to his ex-wife's address. For any of you that may have friends in the Seattle area, I encourage you to do the same.

Her name is Nancy Councilman. Joe's children live with her. This is her address:

220 11th Ave N, Algona, WA, 98001-6516

I know it's legit too because Joe was upset I had sent someone there when he was locked up. Do what you will with the above information. I'm at the end of my rope right now.

No new updates. He is still not answering any calls or texts. His phone is still active because he shuts it off at night so no one can call in the middle of the night. Does anyone live near the Seattle area that could go knock on his ex-wife's door? I know her address and he HATES people going and bothering her and his kids (which live there). Maybe if we annoy them enough he'll come back out of his hole.

His phone was shut off all day today. Now it's on and I'm calling continuously. He won't answer.

Anyone is welcome to try him and see if he'll answer:
1-206-453-8617

Call, text, anything him 24/7 until he answers or replies.

And now Joe has been ignoring all phone calls and text since Thursday from me....

Seccour,

I've asked him to do as such. Right now, according to him, all computers are in storage, including his, and he doesn't have a way to connect it to the net. I'm doing what I can to keep communication flowing to everyone as best as possible. Hopefully he does get a new lease and can get online and do some explaining to everyone.

Don't kill the messenger please! :p

I have $15,000 worth of cash and equipment tied up with him, so it's not like I'm taking any of this lightly...

Got ahold of Joe a few days ago and just made it back around a computer to make this post. He's in talks with someone for a place. Rent has been decided but they're still supposedly trying to come to terms on lease-length. Joe wants 3 years and the landlord wants a 5 year lease. Sounds like he could have a new place to host within a week or two.

After talking with him though, I set a hard date of 12/15/13 to either have my systems fully up and running or our deal is off. Seeing as I have most of the hashing power of the company, that would mean a dissolution of the business. So if Joe can't come through with something for me (and the rest of us) by 12/15, we'll all be getting our systems back.

I'll be in contact with him early next week hopefully to see how leasing talks are going. That's all I have for now.

-Moose