This was moved to the to "Scam Accusations" by a moderator who I guess is more aware of the facts about this than I am. Being around for years seeing 100's of scams I will admit that this does look like a classic scam but I do not have access to all of the information to make that judgment. What is clear however is that Gerald has not been cooperative, fails to communicate and to put it politely has been disrespectful.

As many of you know he just left the community for about 6 months. Many of the investors had just assumed we had become victims of yet another "bad investment". Since he left the community we had no expectation he would return and just left things how they were. However after several months of Gerald paying himself and his family to do "work" he came back and asked us to vote for dissolution. None of the investors wanted to vote for that until we could understand where the money went and why. It is to the point where we have no expectation of Gerald giving us the information that we have requested even though he is legally obligated to give it to us.

Sadly this is not fake. This issue has affected my life and my health. I'm not sure how many of you could take a six digit loss and just write it off without question. This issue has caused me to lose sleep, partly because of how to respond to it. Questions like is letting the community know about this issue unprofessional? Am I being too harsh? Anyway my family and the future of my kids would have been much better off had we not trusted Gerald. I just wish he slightly cared about us, at least enough to explain why he did what he did. There are 4 investors total and I can not say for sure how Gerald received the money. I'm giving the community the most correct information that I have. Much of it comes from the other 3 investors and might not be 100% correct. If I can correct anything in the future I will. However since Gerald has not responded I think it is safe to say this is more or less correct even if some details are off.

About the money missing from the bank, Gerald claims the bank reversed a wire after he paid the people their bitcoins. This seems a bit fishy to me so I just want to see the police report. However I have tried to find the police report but I can't find it and honestly wonder if it was ever filed at all. About the staff, as far as I understand it the only staff is Gerald and his direct family members. I'm not saying they were involved but I will say I have no information about this other than from Gerald. Information in the report might help me understand what happened and how.

If things progress I will give an update. Feel free to ask questions if I am not clear of if you find some inconsistencies in the story like the form $600,000 funding.

Tara01

Posts

Merits