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Illegal Spokeswoman
Illegal Investments
2
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Posted - 2015.08.16 22:40:38 -
[1] - Quote
Banking
Illegal Investments is a well-established Inter-Regional trading corporation. Using a spreadsheet built from the ground up combined with high profit low volume items Illegal Investments is able to (Currently) bring in around 1b a day, more on good days. 25/07/2015
Audit: Access to corporations Wallet Journal and Account Balance. Key ID: 4598764 Verification Code: wqF2h2lqkivD3LeWpEsdVurGgYemvYbiLl81KMzgncT3n6HDn6nEhqImEZ1QChGo
Accounts:
Standard Account - 0.5% daily compounding interest. - Partial or full withdrawals upon request. - Page on View Accounts. - Ability to go Overdrawn (0.5% daily charge *Requires Collateral)
Example of how your deposit could look over time. (outdated)
Making a Deposit / Account Search for Illegal Investments using People & Places and use the Give ISK function found by clicking on the four white lines in the top left corner of the corporation window. Add something relevant to the Reasons column, sending an eve mail to Illegal Clone 001 isnGÇÖt necessary but can speed up the process that your deposit is added to the database.
Contact Us Illegal Clone 001 ingame or join the ingame channel Illegal Investments.
Additional Illegal Investments is run by a singular person. I manage and run all of the trades, organise contracts and maintain the spreadsheets to keep track Illegal Investments account holders. This also means that no one other than myself has access to the isk you have with us.
You can keep track of your ISK using the View Accounts spreadsheet.
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Illegal Spokeswoman
Illegal Investments
2
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Posted - 2015.08.16 22:48:07 -
[2] - Quote
Reserved |
Star Killer14
Core World Imperium NINE PIECES OF EIGHT
57
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Posted - 2015.08.16 23:08:31 -
[3] - Quote
Hello,
I would like to know some information about your plans, goals, and past experience.
I would like to know how your last loan went with Thor Nergal. Also I would like to know why you are asking for money when you clearly said in your last attempt at a bond that you are done with this forum section in not the most gracious of ways. You also mentioned that you had other investors, who were they and are they still invested?
Why should we trust you as unless I missed something this looks a lot like your last bond, no collateral and a large or no limit on total investments? Also why do you need this money, what are your plans for using this money?
Thanks for your time, I will ask more questions as I think of them. |
goodlady Smith
Exit-Strategy Exit Strategy..
7
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Posted - 2015.08.16 23:29:11 -
[4] - Quote
Hi,
Couple of questions: 1. Is the interest compounding? 2. Is there any collateral lodged with a 3rd party - if yes what. 3. Is there a max / min account size?
Cheers =D
Please like my posts it makes me feel better about the time I spend on the forums
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Illegal Spokeswoman
Illegal Investments
2
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Posted - 2015.08.16 23:40:08 -
[5] - Quote
goodlady Smith wrote:Hi,
Couple of questions: 1. Is the interest compounding? 2. Is there any collateral lodged with a 3rd party - if yes what. 3. Is there a max / min account size?
Cheers =D
The Interest is compounding.
There is no collateral held by any 3rd party.
At the moment there is no account size limit however as mentioned in the OP I reserve the right to return funds to account holders if the account funds are likely to generate TOO much interest for me to handle. That is not likely to be something that would happen any time soon however. The amount in the account would been to be hundreds of billions for that to be an issue.
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Illegal Spokeswoman
Illegal Investments
2
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Posted - 2015.08.16 23:41:17 -
[6] - Quote
Star Killer14 wrote:Hello,
I would like to know some information about your plans, goals, and past experience.
I would like to know how your last loan went with Thor Nergal. Also I would like to know why you are asking for money when you clearly said in your last attempt at a bond that you are done with this forum section in not the most gracious of ways. You also mentioned that you had other investors, who were they and are they still invested?
Why should we trust you as unless I missed something this looks a lot like your last bond, no collateral and a large or no limit on total investments? Also why do you need this money, what are your plans for using this money?
Thanks for your time, I will ask more questions as I think of them.
I have traded on and off since I started eve in september 2013. In early June I sold of on my exsisting characters and created Illegal Investments along with the 6 characters.
The last "bond" request was a good learning experiance having never really dabbled in loans and bonds. This thread however is slightly different. I'm not directly requesting isk, I'm just advertising the (kinda) banking service I have setup.
Thor was interested in getting into loaning and I was looking to get some history. I ended the loan a week or so early paying the full interest.
Current account holders can be seen in the 'View Accounts' There are as of this moment 3 accounts open with 1.3b in isk (Roughly).
The isk deposited by account holders is held in the corporations main account and is used along with other corp funds to invest in various inter-regional trades. There are no limits as this is not a traditional 'Investment' it's more of a banking styled system where people deposit ISKm I use the isk to trade and pay out interest every day. |
goodlady Smith
Exit-Strategy Exit Strategy..
7
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Posted - 2015.08.17 01:35:31 -
[7] - Quote
Thanks Illegal - for the prompt answers
Please like my posts it makes me feel better about the time I spend on the forums
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Koniforous
Tauren Transit
265
|
Posted - 2015.08.17 05:54:15 -
[8] - Quote
Eve-Mogul leaderboards, Current Month Traders section:
1Rita Jita Universal E37,287,921,529.79 2Rykker Bow E24,712,340,194.40 3It's All Good P23,871,925,558.72 4Anonymous E20,880,544,482.43 5Darion E17,113,371,641.10 6Teralius E14,945,393,440.89 7Stratton Oakmont E14,063,125,274.14 8Teh trade P11,207,678,014.49 9Ron Penshar E10,960,582,935.69 10Anonymous P9,468,545,003.34
1b a day profits would put you at about rank #5.5 as of the 16th of this month...
But you are not even ranked #10 (about 500m per day)...
If you are making 1b a day why are you interested in banking/bonds? Your profits seem* wonderful without any gaps in your workable capital.
Also, why have you listed your COMPOUND DAILY interest at 15% monthly? Why is it so high? Banks offer low low low interest rates to keep their business models sustainable and dependable.
Why is it daily?
What is your deposit cap? Per account? For the entire bank?
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Cista2
Phoibe Enterprises
147
|
Posted - 2015.08.17 06:11:54 -
[9] - Quote
A bank offering roughly 80% interest per month, this will end great :)
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Star Killer14
Core World Imperium NINE PIECES OF EIGHT
59
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Posted - 2015.08.17 07:25:32 -
[10] - Quote
I have a few more questions for you: 1) What is your total net worth 2) Is all of your isk used for trading or do you have more than 15% of total worth tied up in other assets, PVP, PVE, long term speculation, other? 3) How many open, unused, order slots do you have? 4) Do you have tycoon lvl 5, if not what do you have and will you be getting tycoon lvl 5? 5) What is your business model/plan, more then just buy low sell high? No specifics are needed but more details would be great. 6) Do you only trade or do you have other areas that make up more than 10% of total profit? 7) How does more isk help you make more isk, other than the isk injection from the investor at the very start? 8) How many accounts do you have, what is you overhead, do you want/plan/currently plex them all? 9) If you claim to be a bank then you should have a plan/way to pay back investors in the case you fail miserably at trading suddenly, missed 0, CCP changes the game suddenly, etc? 10) Why should we trust you?
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 08:45:44 -
[11] - Quote
Koniforous wrote:Eve-Mogul leaderboards, Current Month Traders section:
1Rita Jita Universal E37,287,921,529.79 2Rykker Bow E24,712,340,194.40 3It's All Good P23,871,925,558.72 4Anonymous E20,880,544,482.43 5Darion E17,113,371,641.10 6Teralius E14,945,393,440.89 7Stratton Oakmont E14,063,125,274.14 8Teh trade P11,207,678,014.49 9Ron Penshar E10,960,582,935.69 10Anonymous P9,468,545,003.34
1b a day profits would put you at about rank #5.5 as of the 16th of this month...
But you are not even ranked #10 (about 500m per day)...
If you are making 1b a day why are you interested in banking/bonds? Your profits seem* wonderful without any gaps in your workable capital.
Also, why have you listed your COMPOUND DAILY interest at 15% monthly? Why is it so high? Banks offer low low low interest rates to keep their business models sustainable and dependable.
Why is it daily?
What is your deposit cap? Per account? For the entire bank?
I came back from holiday on sunday morning, the API hasn't refreshed since 13:41 that day, when it refreshes I should appear.
I like little projects to keep me busy.
I believe 15% is a fair amount. I can make well over 15% with the ISK deposited in a month.
It's daily because I didn't want people to feel their ISK was tied up in one place for so long. The ISK can be withdrawn at any day in the month and you would still recieve some interest.
There currently isn't a deposit cap, as it is unlikely that anyone would drop a few hundred bill into an account atm. However I may create a cap as time goes on. You will also note that as posted in the OP, "I reserve the right to withdraw funds from any account to the account holder if I feel the amount is too large for myself to sustain the interest payments."
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 08:47:41 -
[12] - Quote
Cista2 wrote:A bank offering roughly 80% interest per month, this will end great :)
It's about 16.1% monthly. |
Illegal Spokeswoman
Illegal Investments
3
|
Posted - 2015.08.17 09:18:24 -
[13] - Quote
Star Killer14 wrote:I have a few more questions for you: 1) What is your total net worth 2) Is all of your isk used for trading or do you have more than 15% of total worth tied up in other assets, PVP, PVE, long term speculation, other? 3) How many open, unused, order slots do you have? 4) Do you have tycoon lvl 5, if not what do you have and will you be getting tycoon lvl 5? 5) What is your business model/plan, more then just buy low sell high? No specifics are needed but more details would be great. 6) Do you only trade or do you have other areas that make up more than 10% of total profit? 7) How does more isk help you make more isk, other than the isk injection from the investor at the very start? 8) How many accounts do you have, what is you overhead, do you want/plan/currently plex them all? 9) If you claim to be a bank then you should have a plan/way to pay back investors in the case you fail miserably at trading suddenly, missed 0, CCP changes the game suddenly, etc? 10) Why should we trust you?
1. My current total networthas on this morning is (according to eveassets) 80b. 2. Only trade.
3. I as of waking up this morning, 258 Active orders accross the 5 trade hubs. I will note however that I got back from holiday on Sunday and i'm still waiting for some (43.2b in sell orders and the rest in transit)
4. All of my trading characters have tycoon 4 and are training 5 as we speed (7 days left), once all the relevant trade skills are complete I'm going to begin trading reserach skills and work on some invention as another side project.
5. I focus on T2, faction and deadspace modules (low volume high profit). After waking up I post the sell orders from the night before and update them again through out the day as I see necessary. In the early afternoon I begin looking for items to move and before I got to bed I create the courier contracts. Rince and Repeat.
6. Only Trade.
7. More isk allows me to purchase more goods to ship out to other trade hubs and sell. I have yet to fully supply one trade hub so there is plently of room for growth. I profit for the marginal difference between goods in one region from another, after including courier fees and other expenses the profits are usually still pretty good.
8. I currently have 6 accounts, 5 trading characters (Illegal Spokeswomen is on the same account as Illegal Clone 001). I also have an old PVP character on his own account which has sentimental value so I keep him subscribed aswell, though I rarely use him. I PLEX them every month with the profits I make from trading.
9. I never considered the possibility of failure... Account Holders are free to withdraw their ISK whenever they like.
10. I have no interest in stealing deposits when I can potentially double them in a month. I think the people that enjoy scamming and stealing enjoy the gameplay more than the reward (Though I don't doubt they enjoy the rewards too). I on the other hand enjoy spreadsheets, organisation and ISK managment. Your ISK provides me with more gameplay and yourself with a Interest reward for your trust. |
Cista2
Phoibe Enterprises
147
|
Posted - 2015.08.17 09:45:35 -
[14] - Quote
Illegal Spokeswoman wrote:Cista2 wrote:A bank offering roughly 80% interest per month, this will end great :) It's about 16.1% monthly. Really? 0.5% daily compound interest is 80% monthly, incidentally also what your own example shows.
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 10:05:51 -
[15] - Quote
Cista2 wrote:Illegal Spokeswoman wrote:Cista2 wrote:A bank offering roughly 80% interest per month, this will end great :) It's about 16.1% monthly. Really? 0.5% daily compound interest is 80% monthly, incidentally also what your own example shows.
That image is out of date. If you click on the 'View Accounts' and navigate to one of the account holders you'll get a better idea.
Edit: I've updated the example on the OP. Here is a LINK to the new image. |
Rykker Bow
The Mjolnir Bloc
171
|
Posted - 2015.08.17 12:00:57 -
[16] - Quote
Cista2 wrote:this will end great :)
Agreed. I'm surprised it's gotten this far without an uproar as any bank thread tends to have. IMO, a large scale bank operation could work in Eve with the right person/people involved and prospectus as there is a demand for them.
The problem is trust. Who are you?
Illegal Spokeswoman wrote: I'm no longer intrested in dealing with investers on the forums.
Also, you posted this on July 1st, 2015 with a rather rude finger gesture at the end. Why has this changed a month later?
The Mjolnir Bloc - Lowsec PvP for the sophisticated
The Mjolnir Bloc Killboards
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Cista2
Phoibe Enterprises
149
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Posted - 2015.08.17 12:34:46 -
[17] - Quote
Rykker Bow wrote:Why has this changed a month later? Because moneyz.
I stand corrected though about the 80%, I had read that data wrong (there were two deposits).
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 12:36:27 -
[18] - Quote
Rykker Bow wrote:Cista2 wrote:this will end great :) Agreed. I'm surprised it's gotten this far without an uproar as any bank thread tends to have. IMO, a large scale bank operation could work in Eve with the right person/people involved and prospectus as there is a demand for them. The problem is trust. Who are you? Illegal Spokeswoman wrote: I'm no longer intrested in dealing with investers on the forums.
Also, you posted this on July 1st, 2015 with a rather rude finger gesture at the end. Why has this changed a month later?
That finger gesture was not part of the IGNORE. That was just there when I made the thread.
As mentioned a few times, I'm not running this so much as an investment opertunity for a month then paying out, but allowing people to hold accounts that will stay open indefernatly (like having a bank account).
To me a month is a substantial amount of time. In that time I reworked the now Accounts sheet and how everything is handled. I did originally not intend to post in MD about the banking (ish) thing but was complemented on how everything was by current account holders and decided perhaps I should. |
Droodid
Antec Enterprises
54
|
Posted - 2015.08.17 13:36:48 -
[19] - Quote
You don't have any collateral yourself but you'll make damn well sure I have collateral when I go overdrawn? Sod off. |
Illegal Spokeswoman
Illegal Investments
3
|
Posted - 2015.08.17 14:04:15 -
[20] - Quote
Droodid wrote:You don't have any collateral yourself but you'll make damn well sure I have collateral when I go overdrawn? Sod off.
Yes, though specifics on that may change depending on the individual Account holder. |
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Darion Maken
Deep Core Mining Inc. Caldari State
3
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Posted - 2015.08.17 16:37:25 -
[21] - Quote
This is an interesting proposition. Unfortunately have you thought this through in the case of major withdrawals? How much capital will you 'hold back' for withdrawals? If a shiny new object comes along and 1/2 of your deposits get withdrawn over night - will you have the isk to cover? You model seems to work by investing their money and being able to pay the interest from that investment return. But some amount of this can't be invested - it needs to be held for liquidity.
Darion |
Elizabeth Norn
Nornir Research Create Alliance
647
|
Posted - 2015.08.17 16:44:26 -
[22] - Quote
Illegal Spokeswoman wrote:Droodid wrote:You don't have any collateral yourself but you'll make damn well sure I have collateral when I go overdrawn? Sod off. Yes, though specifics on that may change depending on the individual Account holder. The collateral is to discourage potential abuse.
How much you thought this through? From what I understand you're not making any profit when lending ISK out (enough to cover the interest you're paying on the ISK borrowing) and the rate is far above what you could get in a collateralized loan instantly in MD.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 17:10:15 -
[23] - Quote
Darion Maken wrote:This is an interesting proposition. Unfortunately have you thought this through in the case of major withdrawals? How much capital will you 'hold back' for withdrawals? If a shiny new object comes along and 1/2 of your deposits get withdrawn over night - will you have the isk to cover? You model seems to work by investing their money and being able to pay the interest from that investment return. But some amount of this can't be invested - it needs to be held for liquidity.
Darion
I will be keeping some aside for withdrawals. It's hard to keep the wallet under a certain percentage anyway as items sell. When I get a feel for the values going in and out I'll adjust the amount I hold.
When it is likely that a new shinny item is going to come out and people might want to withdraw I was planning on sending out a evemail to all Account Holders and getting an idea of the ISK that might me wanted so I could prepare if it was a lot.
Elizabeth Norn wrote:Illegal Spokeswoman wrote:Droodid wrote:You don't have any collateral yourself but you'll make damn well sure I have collateral when I go overdrawn? Sod off. Yes, though specifics on that may change depending on the individual Account holder. The collateral is to discourage potential abuse. How much you thought this through? From what I understand you're not making any profit when lending ISK out (enough to cover the interest you're paying on the ISK borrowing) and the rate is far above what you could get in a collateralized loan instantly in MD.
As mentioned in the OP I'm a trader. Overdrafts isn't where I make profit it's just an option I thought some may want to take advantage of. All of my isk generation comes from Inter-Regional trading. I buy goods, pay a hauler to move them to another trade hub and then list to sell there. |
Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 17:15:19 -
[24] - Quote
Koniforous wrote:Eve-Mogul leaderboards, Current Month Traders section:
The eve mogul Leaderboards are uptodate now.
I'm for yesterday, which wasn't bad concidering I got back from holiday in the morning.
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Rykker Bow
The Mjolnir Bloc
171
|
Posted - 2015.08.17 17:52:09 -
[25] - Quote
Illegal Spokeswoman wrote:Koniforous wrote:Eve-Mogul leaderboards, Current Month Traders section: The eve mogul Leaderboards are uptodate now. I'm 11th for yesterday with 734,534,800.75 , which wasn't bad concidering I got back from holiday in the morning.
If you plan on using eve mogul as a means of verification of trading, please use the site public profit page so there is no question of authenticity. Eve mogul > site preferences > enable public profits page and link your character.
Example Rykker Bow public profits page
The Mjolnir Bloc - Lowsec PvP for the sophisticated
The Mjolnir Bloc Killboards
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Elizabeth Norn
Nornir Research Create Alliance
648
|
Posted - 2015.08.17 18:02:02 -
[26] - Quote
Illegal Spokeswoman wrote: As mentioned in the OP I'm a trader. Overdrafts isn't where I make profit it's just an option I thought some may want to take advantage of. All of my isk generation comes from Inter-Regional trading. I buy goods, pay a hauler to move them to another trade hub and then list to sell there.
But why do something that is so uncompetitive and no benefit to you? It's more work for no gain and a bad deal for those taking the overdraft.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 18:06:57 -
[27] - Quote
Elizabeth Norn wrote:Illegal Spokeswoman wrote: As mentioned in the OP I'm a trader. Overdrafts isn't where I make profit it's just an option I thought some may want to take advantage of. All of my isk generation comes from Inter-Regional trading. I buy goods, pay a hauler to move them to another trade hub and then list to sell there.
But why do something that is so uncompetitive and no benefit to you? It's more work for no gain and a bad deal for those taking the overdraft.
For fun. I enjoy this kinda stuff.
Rykker Bow wrote:Illegal Spokeswoman wrote:Koniforous wrote:Eve-Mogul leaderboards, Current Month Traders section: The eve mogul Leaderboards are uptodate now. I'm 11th for yesterday with 734,534,800.75 , which wasn't bad concidering I got back from holiday in the morning. If you plan on using eve mogul as a means of verification of trading, please use the site public profit page so there is no question of authenticity. Eve mogul > site preferences > enable public profits page and link your character. Example Rykker Bow public profits page
I've added the eve-mogul link in the OP |
Rykker Bow
The Mjolnir Bloc
171
|
Posted - 2015.08.17 18:19:08 -
[28] - Quote
There seems to be some continuity issues at play here. A quick glance at your public profile page says 4b profits over the last 17 days yet your op claims currently 1b per day profits.
The Mjolnir Bloc - Lowsec PvP for the sophisticated
The Mjolnir Bloc Killboards
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 18:21:08 -
[29] - Quote
Rykker Bow wrote:There seems to be some continuity issues at play here. A quick glance at your public profile page says 4b profits over the last 17 days yet your op claims currently 1b per day profits.
I was on holiday from 4th - 16th.
The profit depends how active I am. That shouldn't be a concern to the Account holder though as the interest is paid regardless. |
Star Killer14
Core World Imperium NINE PIECES OF EIGHT
59
|
Posted - 2015.08.17 20:49:38 -
[30] - Quote
Illegal Spokeswoman wrote:Rykker Bow wrote:There seems to be some continuity issues at play here. A quick glance at your public profile page says 4b profits over the last 17 days yet your op claims currently 1b per day profits. I was on holiday from 4th - 16th. The profit depends how active I am. That shouldn't be a concern to the Account holder though as the interest is paid regardless.
How active you are is a major concern for any account holder: 1) If you are not on regularly then they will have a hard time withdrawing their funds 2) If you do not make enough isk trading to pay interest payments for several months I think it unlikely that you will give them the interest payments unless you can make a huge amount of isk in the month following to cover the expenses from the months before. |
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.17 21:05:40 -
[31] - Quote
Star Killer14 wrote:Illegal Spokeswoman wrote:Rykker Bow wrote:There seems to be some continuity issues at play here. A quick glance at your public profile page says 4b profits over the last 17 days yet your op claims currently 1b per day profits. I was on holiday from 4th - 16th. The profit depends how active I am. That shouldn't be a concern to the Account holder though as the interest is paid regardless. How active you are is a major concern for any account holder: 1) If you are not on regularly then they will have a hard time withdrawing their funds 2) If you do not make enough isk trading to pay interest payments for several months I think it unlikely that you will give them the interest payments unless you can make a huge amount of isk in the month following to cover the expenses from the months before.
I meant active only in the sense of updating orders and getting new ones moved. I'm allways at a PC. The only time I'm not able to anything account wise would be when I'm sleeping. |
Illegal Spokeswoman
Illegal Investments
3
|
Posted - 2015.08.18 14:44:57 -
[32] - Quote
#2 Updated 18/08/2015 |
Hyperspatia Lee
Hither and Yon
10
|
Posted - 2015.08.18 15:05:22 -
[33] - Quote
Why are these investments illegal?
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Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.18 15:28:44 -
[34] - Quote
Hyperspatia Lee wrote:Why are these investments illegal?
They arn't It was just the name that I decided to use for the corporation and my trading alts. |
Koniforous
Tauren Transit
265
|
Posted - 2015.08.18 15:59:32 -
[35] - Quote
I would like to try this out. I can send 500mil tonight after work.
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Amarr Citizen 155
Nordar Innovations.
91
|
Posted - 2015.08.18 16:59:37 -
[36] - Quote
You know, I've always felt like the one thing that could make Eve better was a bank. |
Elizabeth Norn
Nornir Research Create Alliance
651
|
Posted - 2015.08.18 17:08:29 -
[37] - Quote
Amarr Citizen 155 wrote:You know, I've always felt like the one thing that could make Eve better was a bank.
Illegal Spokeswoman wrote: Also remember that this isn't a l¦¦o¦¦a¦¦n¦¦ bank per say. It's just a way for people to make a return on their isk while I am able to spend more isk on trading.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
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Illegal Spokeswoman
Illegal Investments
3
|
Posted - 2015.08.18 17:57:12 -
[38] - Quote
Koniforous wrote:I would like to try this out. I can send 500mil tonight after work.
I'm available in the Chat Channel: Illegal Investments or through Illegal Clone 001 if you want to speak ingame. Otherwise following the instructions in the OP for making deposits.
Thank you for your confidence. |
Koniforous
Tauren Transit
265
|
Posted - 2015.08.19 05:59:26 -
[39] - Quote
500mil sent.
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Illegal Spokeswoman
Illegal Investments
3
|
Posted - 2015.08.19 08:16:40 -
[40] - Quote
Koniforous wrote:500mil sent.
Added your Account |
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Thor Nergal
Impass Shipyards
0
|
Posted - 2015.08.19 09:25:31 -
[41] - Quote
For the benefit of MD,
The previous loan was repaid in full and collateral was returned (in truth it was finalised early as well), I have discussed with Illegal at length his intentions/goals current financial status.
Therefore I am inclined to invest 3 Billion isk once I free up some cash. (bought to many gecko's)
Regards Thor Nergal |
Illegal Spokeswoman
Illegal Investments
3
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Posted - 2015.08.19 09:52:51 -
[42] - Quote
#2 Updated 19/08/2015 |
Thor Nergal
Impass Shipyards
0
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Posted - 2015.08.19 09:54:44 -
[43] - Quote
3 Billion isk sent,
I will advise when I make withdrawals and if they are met. Personally I am happy to wait 2-3 days for isk to be returned
Regards Thor Nergal
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Illegal Spokeswoman
Illegal Investments
4
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Posted - 2015.08.20 13:59:41 -
[44] - Quote
#2 Updated 20/08/2015 |
Cal Altrua
Altruism United
0
|
Posted - 2015.08.20 23:48:20 -
[45] - Quote
Small deposit of 100M ISK sent. |
Illegal Spokeswoman
Illegal Investments
4
|
Posted - 2015.08.21 00:06:05 -
[46] - Quote
Cal Altrua wrote:Small deposit of 100M ISK sent.
Received, your corporation account is setup and the account link was sent to the CEO.
Note with future deposits please send directly to Illegal Investments as mentioned in the OP. I transfered from 001 to Illegal Investments this once as I noticed it but I don't usually check the clones wallets.
II |
Illegal Spokeswoman
Illegal Investments
4
|
Posted - 2015.08.21 10:46:21 -
[47] - Quote
#2 Updated 21/08/2015 |
Nero Farway
Selectivity
30
|
Posted - 2015.08.21 11:38:51 -
[48] - Quote
Invested 1 b. |
Illegal Spokeswoman
Illegal Investments
4
|
Posted - 2015.08.22 12:27:51 -
[49] - Quote
#2 Updated 22/08/2015 |
illumed
Hashshashin Inc.
0
|
Posted - 2015.08.22 12:34:17 -
[50] - Quote
750M sent.
|
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Siona Teg
New Groton Industrial Works
0
|
Posted - 2015.08.22 13:36:07 -
[51] - Quote
1 b invested |
Illegal Spokeswoman
Illegal Investments
4
|
Posted - 2015.08.22 13:49:16 -
[52] - Quote
All accounts up to date. Mails sent to new account holders.
II |
Elisaran Dagma
Imperial Shipment Amarr Empire
0
|
Posted - 2015.08.23 00:06:56 -
[53] - Quote
Quick message to say that I invested 1b. |
Illegal Spokeswoman
Illegal Investments
7
|
Posted - 2015.08.24 10:50:45 -
[54] - Quote
#2 Updated 24/08/2015
Daily Compounding Interest with Illegal Investments!
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Dextrome Thorphan
Intrepid Crossing
127
|
Posted - 2015.08.24 15:22:07 -
[55] - Quote
Invested 500mill |
Nimbu
Backwater Redux Tactical Narcotics Team
0
|
Posted - 2015.08.24 16:58:17 -
[56] - Quote
1B wired over for investment as per OP, personal investment. Evemails sent as per original instructions. |
Nouva MacGyver
MacGyver Communications
4
|
Posted - 2015.08.25 00:49:39 -
[57] - Quote
Was about to try opening an account with you but just a question: What happened with your eve-mogul page about half a day ago? It showed a day/week profit of negative ~628mil. It's showing negative ~500mil now as of my post.
Just would like to understand this. |
Marcus Junius Secundus
Viziam Amarr Empire
0
|
Posted - 2015.08.25 05:33:52 -
[58] - Quote
2B wired to the account. |
Illegal Spokeswoman
Illegal Investments
7
|
Posted - 2015.08.25 08:19:43 -
[59] - Quote
Nouva MacGyver wrote:Was about to try opening an account with you but just a question: What happened with your eve-mogul page about half a day ago? It showed a day/week profit of negative ~628mil. It's showing negative ~500mil now as of my post.
Just would like to understand this.
This will be detailed further in the monthly report but I'll quickly go over it now.
I was testing my new trading plan, I had just got new items into amarr and clicked sell items, entered all the prices and clicked 'ok'.
In short I sold several items worth around 150m for 30m.
This is a mistake that can happen from time to time though in the 2 times it's happend to myself in the past it's maybe 50m-100m loss, so yesterdays was quite an experiance.
Marcus Junius Secundus wrote:2B wired to the account.
Your account is setup and a mail has been sent to you.
Daily Compounding Interest with Illegal Investments!
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Illegal Spokeswoman
Illegal Investments
7
|
Posted - 2015.08.25 08:38:15 -
[60] - Quote
#2 Updated 25/08/2015
Daily Compounding Interest with Illegal Investments!
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Illegal Spokeswoman
Illegal Investments
8
|
Posted - 2015.08.26 13:42:26 -
[61] - Quote
#2 Updated 26/08/2015
Daily Compounding Interest with Illegal Investments!
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Illegal Spokeswoman
Illegal Investments
8
|
Posted - 2015.08.27 13:09:43 -
[62] - Quote
#2 Updated 27/08/2015
Daily Compounding Interest with Illegal Investments!
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Nero Farway
Selectivity
31
|
Posted - 2015.08.27 14:33:26 -
[63] - Quote
I Just deposited an additional 4b. |
Illegal Spokeswoman
Illegal Investments
8
|
Posted - 2015.08.27 14:46:31 -
[64] - Quote
Nero Farway wrote:I Just deposited an additional 4b. Account Updated
Daily Compounding Interest with Illegal Investments!
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Cal Altrua
Altruism United
0
|
Posted - 2015.08.27 17:48:57 -
[65] - Quote
Withdrew my ISK, withdrawal processed in 8 minutes! Thank you for your bussness! |
Koniforous
Tauren Transit
265
|
Posted - 2015.08.28 18:56:19 -
[66] - Quote
I have been trying to keep up with this thread by reading the last post nearly everytime it pops up. I just noticed that my 500mil deposit falls into a now tiered interest system, I think it was 0.17%? I deposited my funds at a promised 0.5% daily compound roi, and am not sure when these changes took place. I'm guessing your "updated -date" posts were referring to changes in the op? Am I on a separate tiered daily roi, at my original promised 0.5%?
More detailed posts than updated, perhaps the updated terms or modified parts, would be a better choice from now on?
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Illegal Spokeswoman
Illegal Investments
8
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Posted - 2015.08.28 20:14:26 -
[67] - Quote
Koniforous wrote:I have been trying to keep up with this thread by reading the last post nearly everytime it pops up. I just noticed that my 500mil deposit falls into a now tiered interest system, I think it was 0.17%? I deposited my funds at a promised 0.5% daily compound roi, and am not sure when these changes took place. I'm guessing your "updated -date" posts were referring to changes in the op? Am I on a separate tiered daily roi, at my original promised 0.5%?
More detailed posts than updated, perhaps the updated terms or modified parts, would be a better choice from now on?
A mail was sent out to everyone in the mail list. I'll detail it briefly here.
Everyone who was with Illegal Investments before 26th August has been offered a broker account. This means they will get roughly 10% monthly/0.33% daily, instead of the previous 16.1%/0.5% daily
Note that the changes will not apply to 0.5% accounts until the 1st of September.
The changes have been in discussion with myself and trusted friends and we believe that the changes are good options for everyone previously with Illegal Investments and new comers. It was clear that 0.5% daily was not something Illegal Investments could support which a very large amount deposited with us. The new changes set a better foundation for everyone and will allow Illegal Investments to continue to provide this service for the foreseeable future.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Eli Daldari
Science and Trade Institute Caldari State
1
|
Posted - 2015.08.28 23:38:58 -
[68] - Quote
Join the Illegal Investment chat channel if you want to ask more questions. A few of us like to stick in it to talk and to ask questions to Illegal if needed :) |
Koniforous
Tauren Transit
265
|
Posted - 2015.08.29 04:55:57 -
[69] - Quote
The changes are definitely a lot better than your originally proposed 0.5% daily. I wasn't aware that these were accruing accounts either, but from a business perspective its a great idea. You might want to reword the description of the accounts from "paid daily" since youre not actually paying anything until a withdrawal is requested, its a little misleading.
Do I have to do or say anything to make sure my account is grandfathered into 0.33% roi? Or does it automatically switch over.
This model looks so much better, illegal, than your original unveiling. I really hope this is legit because its starting to look very well thought out and structured. Congratulations.
I'll join the chat next time I log on, and join the mailing list. But I am rarely in-game anymore :(
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Nouva MacGyver
MacGyver Communications
6
|
Posted - 2015.08.29 06:37:26 -
[70] - Quote
Koniforous wrote:This model looks so much better, illegal, than your original unveiling. I really hope this is legit because its starting to look very well thought out and structured. Congratulations.
As you've stated earlier in the thread Koniforous, the exponential curves on Illegal's former business model was never going to be something sustainable in the long run. But finalising the restructured rates "in discussion with myself and trusted friends" seems like a slap in the face of legitimate patrons before the changes, even if these changes make for a more sustainable venture going forward. I was quite interested in risking bank on the then returns. Now, I'm not so sure.
Illegal, I think one of the reasons this restructuring came about so fast is the prior planning before this all started. It really doesn't bode well for investor confidence if you're going to keep changing terms on the fly. It's your headache, yes, but you may be better off restructuring entirely - and this time, set periodic, realistic caps on total deposits, instead of only figuring it out later after the fact when your profit margin isn't in line with your accumulated funds, then having to, as you state, "reserve the right to withdraw funds from any account to the account holder if I feel the amount is too large for myself".
That said... no cap, no history, suddenly lowered interest rates across the board to overall single digit percentages to keep things "sustainable".... looks too much like a ponzi scheme.
Just to highlight another point, I noticed some hours ago eve-mogul again displayed a negative value to your daily profit. It's very miniscule (6mil), but then sometime later it shows everything as zero as though the API was pulled off. It's back on again with a positive value now. I'll give the benefit of the doubt that perhaps eve-mogul has some quirks, but why does seem to be happening to you with that site? As you work on your "new trading strategies" will this have a cascading effect that will be detrimental to people who've banked with you?
Which brings me to another point. Right now you've also admitted to having six accounts, all of which you're keeping PLEXed. At today's rates you're looking at around a 6bil expediture every month (which could incur more in the foreseeable future). Granted, it's not a lot, but it's in the equation in the overall scheme of things.
Illegal Spokeswoman wrote: Illegal Investments provides multiple account options allowing customers to weigh their own isk vs reward.
Pardon me, but if I added just one "r" somwhere in this sentence it becomes a statement that is truly chilling.
Eli Daldari wrote:Join the Illegal Investment chat channel if you want to ask more questions. A few of us like to stick in it to talk and to ask questions to Illegal if needed :)
Some questions are better off being out here for open discussion than funneled into a channel where information is passed on or exchanged and the details of which may be forgotten. Unless of course, that is the intention? You're a first time poster wearing the same jacket with a similar tinge of rouge on your cheeks, and your first post on these forums is to tell people to ask more questions elsewhere than put it here? Why should I trust you? Am I paranoid much? Yes, but so be it.
Ending off - I would love nothing more than for this to be legit and all my drivel and concerns is proven wrong. Really. But I just can't shake off some feelings about this venture. At best, it's a non-optimised venture still in its infancy subject to changes. At worse... people can figure that out for themselves.
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Illegal Spokeswoman
Illegal Investments
8
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Posted - 2015.08.29 09:10:39 -
[71] - Quote
Koniforous wrote:The changes are definitely a lot better than your originally proposed 0.5% daily. I wasn't aware that these were accruing accounts either, but from a business perspective its a great idea. You might want to reword the description of the accounts from "paid daily" since youre not actually paying anything until a withdrawal is requested, its a little misleading.
Do I have to do or say anything to make sure my account is grandfathered into 0.33% roi? Or does it automatically switch over.
This model looks so much better, illegal, than your original unveiling. I really hope this is legit because its starting to look very well thought out and structured. Congratulations.
I'll join the chat next time I log on, and join the mailing list. But I am rarely in-game anymore :(
Thank you, I reworded the 'paid daily' to 'paid into account at the end of each day'.
I did request that everyone who wanted their account changed to broker to mail me, however I will change yours now without the need for you to mail.
I'm glad you think things are better, I really do want this to do well, I've spent a lot of time building the infrastructure behind it and I'm having a lot of fun keeping everything running.
Gÿà Illegal Investments Gÿà Banking Gÿà
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Illegal Spokeswoman
Illegal Investments
8
|
Posted - 2015.08.29 09:35:13 -
[72] - Quote
Nouva MacGyver wrote:Koniforous wrote:This model looks so much better, illegal, than your original unveiling. I really hope this is legit because its starting to look very well thought out and structured. Congratulations. As you've stated earlier in the thread Koniforous, the exponential curves on Illegal's former business model was never going to be something sustainable in the long run. But finalising the restructured rates "in discussion with myself and trusted friends" seems like a slap in the face of legitimate patrons before the changes, even if these changes make for a more sustainable venture going forward. I was quite interested in risking bank on the then returns. Now, I'm not so sure. Illegal, I think one of the reasons this restructuring came about so fast is the prior planning before this all started. It really doesn't bode well for investor confidence if you're going to keep changing terms on the fly. It's your headache, yes, but you may be better off restructuring entirely - and this time, set periodic, realistic caps on total deposits, instead of only figuring it out later after the fact when your profit margin isn't in line with your accumulated funds, then having to, as you state, "reserve the right to withdraw funds from any account to the account holder if I feel the amount is too large for myself". That said... no cap, no history, suddenly lowered interest rates across the board to overall single digit percentages to keep things "sustainable".... looks too much like a ponzi scheme. Just to highlight another point, I noticed some hours ago eve-mogul again displayed a negative value to your daily profit. It's very miniscule (6mil), but then sometime later it shows everything as zero as though the API was pulled off. It's back on again with a positive value now. I'll give the benefit of the doubt that perhaps eve-mogul has some quirks, but why does seem to be happening to you with that site? As you work on your "new trading strategies" will this have a cascading effect that will be detrimental to people who've banked with you? Which brings me to another point. Right now you've also admitted to having six accounts, all of which you're keeping PLEXed. At today's rates you're looking at around a 6bil expediture every month (which could incur more in the foreseeable future). Granted, it's not a lot, but it's in the equation in the overall scheme of things. Illegal Spokeswoman wrote: Illegal Investments provides multiple account options allowing customers to weigh their own isk vs reward.
Pardon me, but if I added just one "r" somwhere in this sentence it becomes a statement that is truly chilling. Eli Daldari wrote:Join the Illegal Investment chat channel if you want to ask more questions. A few of us like to stick in it to talk and to ask questions to Illegal if needed :) Some questions are better off being out here for open discussion than funneled into a channel where information is passed on or exchanged and the details of which may be forgotten. Unless of course, that is the intention? You're a first time poster wearing the same jacket with a similar tinge of rouge on your cheeks, and your first post on these forums is to tell people to ask more questions elsewhere than put it here? Why should I trust you? Am I paranoid much? Yes, but so be it. Ending off - I would love nothing more than for this to be legit and all my drivel and concerns is proven wrong. Really. But I just can't shake off some feelings about this venture. At best, it's a non-optimised venture still in its infancy subject to changes. At worse... people can figure that out for themselves.
Thank you for your response.
I did understand that previous account holders may not be happy with the changes but from all them that I have spoken to they think the changes are a great direction are happy to see that things are getting reworked into a more structured system that will be better for the future. They were also all offered a BROKER account as a thank you for being part of Illegal Investments from the start. The day I announced the changes to them I had one withdrawal (103m) and 11.5b in deposits.
I understand again, the restructure coming about so soon was because the amount at which Illegal Investments was getting accounts and large account deposits was crazy. In just over a week we had 30b (just under) in deposits.
I'm running this 'bank' for fun. I enjoy the social and management side to it all, my gameplay is this bank and the trading I do along side it. I have no interest in destroying my gameplay and I also hope to build up a reputation and expand Illegal Investments financial empire.
In the last few days I have been offloading old stock I've had laying around that I never updated that much, I listed them all at Jita value regardless of their location so some of these items were giving me a loss. The account holders will not be affected, the loss from these items are my own loss, I also trade with my own isk and the loses are taken onto myself.
I do have plans in the future when I have made a large amount of isk trading an with other financial endeavors to "deposit" a large amount of isk with a 3rd party and use that as a kinda of insurance that will pay out to account holders if something happened. I'm thinking more along the lines of, I died in RL or something as I have no intention of running away with the isk.
I make more than enough isk to plex the accounts, after making the interest for the account holders the isk is put back to work making me some isk. The isk from that is circulated again and again.
I have taken your suggestion on board regarding the public posting of ideas for discussion, in the future I will make a new post on the thread detailing the exact plans and expected outcomes.
Thank you
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Eli Daldari
Science and Trade Institute Caldari State
1
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Posted - 2015.08.29 14:53:16 -
[73] - Quote
Nouva MacGyver wrote:Eli Daldari wrote:Join the Illegal Investment chat channel if you want to ask more questions. A few of us like to stick in it to talk and to ask questions to Illegal if needed :) Some questions are better off being out here for open discussion than funneled into a channel where information is passed on or exchanged and the details of which may be forgotten. Unless of course, that is the intention? You're a first time poster wearing the same jacket with a similar tinge of rouge on your cheeks, and your first post on these forums is to tell people to ask more questions elsewhere than put it here? Why should I trust you? Am I paranoid much? Yes, but so be it.
No offense taken dear, I just spend all my time in the chat channel to keep myself updated with anything that happens. But don't disrespect the jacket, I ain't paying for a better one I prefer the chat to the forums, so its normal I don't post unless I feel like its useful. Anyone can join the chat channel at any time and ask whatever for a quick (er?) answer; but the forums are also a good place for the "publicity" of things.
And don't trust me, no need to. Unless I'm hauling a contract for you, we are complete strangers talking to the same person ^_^ |
Nouva MacGyver
MacGyver Communications
7
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Posted - 2015.08.29 17:10:05 -
[74] - Quote
Eli Daldari wrote: No offense taken dear, I just spend all my time in the chat channel to keep myself updated with anything that happens. But don't disrespect the jacket, I ain't paying for a better one I prefer the chat to the forums, so its normal I don't post unless I feel like its useful. Anyone can join the chat channel at any time and ask whatever for a quick (er?) answer; but the forums are also a good place for the "publicity" of things. And don't trust me, no need to. Unless I'm hauling a contract for you, we are complete strangers talking to the same person ^_^
I understand your points. In any case, since I'm riding out of putting money in to this one, I don't believe there's anything more for me to add. Just a concerned outsider looking in and making those concerns known.
Illegal, should you in fact be running an honest venture, then I wish you the best of luck. Keep having fun with whatever you're doing and hope everything comes out positive in the end for everyone. |
Val'Dore
PlanetCorp InterStellar
991
|
Posted - 2015.08.30 20:44:14 -
[75] - Quote
I will send this to my accountant and see what he thinks about a corporate account... if you do those.
Star Jump Drive A new way to traverse the galaxy.
I invented Tiericide
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Illegal Spokeswoman
Illegal Investments
11
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Posted - 2015.08.30 21:31:39 -
[76] - Quote
Val'Dore wrote:I will send this to my accountant and see what he thinks about a corporate account... if you do those.
Corporation account are allowed. The CEO of the Corporation is the only one who is able to withdraw funds though. This is for safety reasons on your side.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Illegal Spokeswoman
Illegal Investments
11
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Posted - 2015.08.31 09:42:34 -
[77] - Quote
Updat 31/08/2015
- Updates will no longer be posted in the #2 post and will instead get their own new post as time goes on.
I finished up the account spreadsheets for the new system but have had a few issues with the overview account so that the public can see the total funds in the account. Any suggestions as to how I could get this is function correction with minimal input would be great. The reason is wont work currently is because each account will have a different interest rate depending on deposit amount. I have considered using 'account numbers' and then inputting each accounts details manually but this was too much inputting for me to consider for if/when Illegal Investments have a lot of accounts.
Tomorrow our first monthly report is due out. In the first post is doe state that the report will be sent by mail but I've decided to post it onto the forums and then link it in the mailing list so that everyone will have an opportunity to see it.
That's all I can think of for now. o7
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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virm pasuul
FRISKY BUSINESS. No Handlebars.
316
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Posted - 2015.08.31 12:38:41 -
[78] - Quote
Is this Ponzi still going strong? The only reason I can think you guys are investing here is to gamble and see if you can make a few quick bucks before it collapses. Good luck all! :)
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Darion Maken
Deep Core Mining Inc. Caldari State
5
|
Posted - 2015.08.31 13:59:32 -
[79] - Quote
virm pasuul wrote:Is this Ponzi still going strong? The only reason I can think you guys are investing here is to gamble and see if you can make a few quick bucks before it collapses. Good luck all! :)
My limited interaction with Illegal suggests it isn't a ponzi but this is EVE so who knows, Illegal could wake up one day, see 500 orders to be updated and say, screw it, I'm taking the 50 billion and running.
My concern is fundamentally about the sustainability of this. This feels like a great way to get a 'loan' to expand a trading concern. What happens when the size of the trading reaches what he can handle in real life (time wise).
I believe the other day he said he had 30 billion. That is 100m a day in interest. Let's project to having 100 billion. Or 200 billion. How much time in the day does he have to do orders simply to pay interest to someone else. His best trading days seem to be around 1 billion in profit. I'm hopeful that would increase. 2-3 billion a day profit is easily achieved. Rita Jita averages almost 4 a day (getting harder - really just a time inputted statement though).
When does he say - this is a lot of work, I've made my 100, 200, 500, 1000 billion and I'm focusing on another aspect to the game. Then the concern is the 50 or 100 or 200 billion of uncollaterlized money he has from other people. Temptation.
Darion. |
Illegal Spokeswoman
Illegal Investments
11
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Posted - 2015.08.31 14:34:29 -
[80] - Quote
Darion Maken wrote:virm pasuul wrote:Is this Ponzi still going strong? The only reason I can think you guys are investing here is to gamble and see if you can make a few quick bucks before it collapses. Good luck all! :)
My limited interaction with Illegal suggests it isn't a ponzi but this is EVE so who knows, Illegal could wake up one day, see 500 orders to be updated and say, screw it, I'm taking the 50 billion and running. My concern is fundamentally about the sustainability of this. This feels like a great way to get a 'loan' to expand a trading concern. What happens when the size of the trading reaches what he can handle in real life (time wise). I believe the other day he said he had 30 billion. That is 100m a day in interest. Let's project to having 100 billion. Or 200 billion. How much time in the day does he have to do orders simply to pay interest to someone else. His best trading days seem to be around 1 billion in profit. I'm hopeful that would increase. 2-3 billion a day profit is easily achieved. Rita Jita averages almost 4 a day (getting harder - really just a time inputted statement though). When does he say - this is a lot of work, I've made my 100, 200, 500, 1000 billion and I'm focusing on another aspect to the game. Then the concern is the 50 or 100 or 200 billion of uncollaterlized money he has from other people. Temptation. Darion.
Regarding your first sentence. I was tired of updating orders even trading with my own ISK which is why I changed my trading style so that I don't have to update orders.
I believe I can sustain this for quite a while, I have had talks with friends regarding this. The main point is to always remain ahead, we need to see the issue before it arises so we can make changes to the service to make sure it remains sustainable. I have no intention of walking away with the ISK as to me running the operation is much more enjoyable than just trading as I was doing previously.
I currently hold about 25b in Broker accounts and 5b in other accounts.
I do expect my profits to increase as I get used to my new setup and spread out to other markets as I've been focusing on Amarr and a little bit of Dodixie while I experiment with things.
I believe the most important part of this operation is to be open and honest. If there is an issue that is arising, posts and mails will be used to get feedback and opinions and a solution will be put into place.
The current plan for interest rates are, Small Deposits - Low interest Medium Sized deposits - Normal Interest Large Deposits (50b-1000b) Low interest
The details are still being discussed and nothing is set in stone but this is the general idea. So to maximise ROI medium sized accounts would be the way to go.
Again this is rough and still being worked on but that will hopefully give you an idea how Illegal Investments will handle large accounts.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Illegal Spokeswoman
Illegal Investments
14
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Posted - 2015.09.01 14:16:54 -
[81] - Quote
Monthly Report - 01/09/2015
August Breakdown
I was away for half of this month on holiday so data presented may be unrepresentative of my potential profitability.
I had a few hiccups this month after changing my spreadsheets and the way I conducted my trading. This lead to a few mistakes on sell order prices and resulted in about 900m in losses.
I expect the net profit to be much larger next month.
Trades (Includes Items that haven't sold yet) -250,816,610,319.87
Trading Profits 12,348,649,561.00
TAX (Includes broker fees for Items that haven't sold yet) -4,309,202,013.34
Hauler Costs (Includes the costs for items that haven't sold yet and items currently in transit) -3,340,037,018.00
Interest Paid (Estimate) -954,378,134.00
Net Profit 1.49% 3,745,032,395.66
Gÿà Illegal Investments Gÿà Banking Gÿà
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Darion Maken
Deep Core Mining Inc. Caldari State
5
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Posted - 2015.09.02 15:59:00 -
[82] - Quote
Great information. May I ask how you compile it? ie; what program you use.
Darion |
Illegal Spokeswoman
Illegal Investments
14
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Posted - 2015.09.02 16:06:20 -
[83] - Quote
I use a mix of EVEHQ, eve Mogul and evernus.
I then use the relevant information to get a rough outcome for the month.
:)
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Darion Maken
Deep Core Mining Inc. Caldari State
5
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Posted - 2015.09.02 16:51:12 -
[84] - Quote
Thank you. I use two of the three. Is it EVE HQ that gives you the ability to estimate the hauling cost?
Darion |
Illegal Spokeswoman
Illegal Investments
14
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Posted - 2015.09.02 16:55:42 -
[85] - Quote
Yes, it says 'Contract Reward Deposited'
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
15
|
Posted - 2015.09.04 14:25:58 -
[86] - Quote
3 of my recent freighter contracts didn't reach their destination.
This meant that quite a few items didn't make it too the market and my last few days of trading will not look as high. It is worth noting that I do add 10% to the collateral for couriers. This means I made about 1b "Profit" so to speak on the items that didn't make it. Incase eve mogul was starting to worry people.
I'm also having some issues with the AvgVolumes on my trading sheet as I'm pulling data from evemarketdata.com and cant get it to work with eve central. I've used crest but that gets URL fetch banned on google docs.
If anyone thinks they can help regarding the spreadsheets contract me on Illegal Clone 001 ingame. Compensation will be provided.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Jax Kazen
Prometheus Deep Space Mining and Salvage
38
|
Posted - 2015.09.04 14:43:21 -
[87] - Quote
Is this still open to new accounts? |
Illegal Spokeswoman
Illegal Investments
15
|
Posted - 2015.09.04 14:48:32 -
[88] - Quote
Jax Kazen wrote:Is this still open to new accounts?
Yep, there is no closing date. The bank is ongoing.
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Jax Kazen
Prometheus Deep Space Mining and Salvage
38
|
Posted - 2015.09.04 17:44:53 -
[89] - Quote
Deposited isk but accidently sent to Illegal Clone 001 - can you transfer and open the account?
Thanks! |
Illegal Spokeswoman
Illegal Investments
15
|
Posted - 2015.09.04 17:56:09 -
[90] - Quote
Jax Kazen wrote:Deposited isk but accidently sent to Illegal Clone 001 - can you transfer and open the account?
Thanks!
Already done. I mentioned it in the mail I replied with but you can ignore that as you knew anyway.
Your account link has been sent.
Regards
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
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Illegal Spokeswoman
Illegal Investments
17
|
Posted - 2015.09.06 11:57:10 -
[91] - Quote
Just a quick post to let everyone know that I'm changing how you view your account. I'm going to be publishing it as a webpage and not sharing the documents anymore.
You'll be able to open this ingame and view it just as you were able to before.
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
17
|
Posted - 2015.09.07 23:52:20 -
[92] - Quote
I would like to open up for discussion an idea I had today, I must admit it came to me while reviewing the Illegal Investments accounts and the Interest you are all building up ;)
The idea was to head into more of a Hedgefund route.
Everyone being paid out based on the % of ISK they have deposited against everyone else.
For example,
Barry has 1b invested
Jackson as 2b invested
At the end of the month Barry would receive 33% of the months profit and Jackson would receive 66%
Illegal Investments would take a cut before the profit is dished out but I was thinking about taking this direction with Illegal Investments instead. It feels to me more like we are in it together this way and not so much me just paying out isk.
Opinions?
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Thor Nergal
Impass Shipyards
5
|
Posted - 2015.09.08 00:08:47 -
[93] - Quote
Illegal Spokeswoman wrote:I would like to open up for discussion an idea I had today, I must admit it came to me while reviewing the Illegal Investments accounts and the Interest you are all building up ;)
The idea was to head into more of a Hedgefund route.
Everyone being paid out based on the % of ISK they have deposited against everyone else.
For example,
Barry has 1b invested
Jackson as 2b invested
At the end of the month Barry would receive 33% of the months profit and Jackson would receive 66%
Illegal Investments would take a cut before the profit is dished out but I was thinking about taking this direction with Illegal Investments instead. It feels to me more like we are in it together this way and not so much me just paying out isk.
Opinions?
Hmmmm,
Illegal you need to be careful of making to many changes at once, particularly to current/existing products.
At this point I am of the opinion that I have a interest-bearing account that pays out x% per day. Not shares that pay out a dividend thus I am at this stage not happy to go ahead with another change.
Anyway in relation to the proposed change You need to show us a real example as in
July profit = x isk invested funds = y isk dividend payable per z isk = p
makes it a lot easier to see the impact of the change.
Some questions;
1. How often do you plan to calculate the profit/loss? 2. What happens when a loss occurs (you wear it, investors wear it)? 3. When can investors request withdrawals.
To summarise this idea almost requires a new thread. |
Illegal Spokeswoman
Illegal Investments
17
|
Posted - 2015.09.08 00:24:43 -
[94] - Quote
Thor Nergal wrote:Illegal Spokeswoman wrote:I would like to open up for discussion an idea I had today, I must admit it came to me while reviewing the Illegal Investments accounts and the Interest you are all building up ;)
The idea was to head into more of a Hedgefund route.
Everyone being paid out based on the % of ISK they have deposited against everyone else.
For example,
Barry has 1b invested
Jackson as 2b invested
At the end of the month Barry would receive 33% of the months profit and Jackson would receive 66%
Illegal Investments would take a cut before the profit is dished out but I was thinking about taking this direction with Illegal Investments instead. It feels to me more like we are in it together this way and not so much me just paying out isk.
Opinions? Hmmmm, Illegal you need to be careful of making to many changes at once, particularly to current/existing products. At this point I am of the opinion that I have a interest-bearing account that pays out x% per day. Not shares that pay out a dividend thus I am at this stage not happy to go ahead with another change. Anyway in relation to the proposed change You need to show us a real example as in July profit = x isk invested funds = y isk dividend payable per z isk = p makes it a lot easier to see the impact of the change. Some questions; 1. How often do you plan to calculate the profit/loss? 2. What happens when a loss occurs (you wear it, investors wear it)? 3. When can investors request withdrawals. To summarise this idea almost requires a new thread.
I was considering writing a new thread but just stuck it on the end here anyway.
I'm just going through calculations now. It's also very unlikely that I would suffer a loss with my trading.
Here is a quick example of something I was fiddling with in my spreadsheets.
Gÿà Illegal Investments Gÿà Banking Gÿà
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Siona Teg
New Groton Industrial Works
0
|
Posted - 2015.09.08 00:54:37 -
[95] - Quote
The example illustrates the concept.
However, I would like to see a list of active accounts showing amount invested. This would give each investor/depositor an idea of where we stand regarding their individual amount invested and total invested. This can be blind with no listing of depositor names by the amount invested.
Showing this with an estimate of actual earnings would allow us to evaluate the return based on the amount invested.
|
Illegal Spokeswoman
Illegal Investments
17
|
Posted - 2015.09.08 01:05:44 -
[96] - Quote
I'm just banging out some calculations now.
I'm also speaking with some friends regarding it. I would feel much better with this but obviously as Thor stated. Cant go changing things every week :D
I don't think it would be a change over. It would have to be a "Closing and Reopening".
Would also allow me to relax more and not worry so much about making sure I reach certain amounts each day
Still in the early stages though. I think at this point people know I'm not a theif and unless they are cruel will be happy with my finding something that I feel 100% comfortable operating to benefit us both.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Illegal Spokeswoman
Illegal Investments
18
|
Posted - 2015.09.08 02:06:42 -
[97] - Quote
ok, after much discussion and number crunching we're going to see how September does in regards to profit.
The numbers all suggest that the Hedge fund setup would pay more to investors than the current bank setup so once September is done we're going to test this again with a full months data and then make some decisions.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Thor Nergal
Impass Shipyards
5
|
Posted - 2015.09.08 02:41:47 -
[98] - Quote
Illegal,
Please also put some thought into the following;
Withdrawal dates, Dividend date, How you will pay the dividend,
Also I am all for new products, just remember that you need to be able to show why we should use them.
|
Nero Farway
Selectivity
33
|
Posted - 2015.09.08 08:42:30 -
[99] - Quote
Illegal Spokeswoman wrote:I would like to open up for discussion an idea I had today.
Illegal Spokeswoman wrote: The idea was to potentially head into more of a Hedgefund route.
Everyone being paid out based on the % of ISK they have deposited against everyone else.
1.) Now that would mean that investors do not only have to trust your integrity, but also your skills and abilities to re-invest the ISK in game. However, I think its an interesting concept. The only thing that I would really want is a fixed amount of shares that are being initially issued at a fixed price, but are freely tradeable (preferably via the in-game system, that would also make paying out dividends easier. It can be done with a separate corp to prevent it from being abused). That would keep the spirit of the free market alive since, based on your performance and the current capital of illegal investments, theses shares will be traded at free market prices.
So say you have 50b of capital yourself (Net-Worth of Illegal investments - liabilities). Say you think you can easily trade with up to 200b. You then go ahead and issue ... say 200,000 shares @1mil each and you keep 50,000 of then (that represents your own capital). You then sell 150,000 shares here for 150b. These should come with at least partial voting rights regarding important stuff (like re-issuing shares, adding another business branch etc. but also voting right in regards to dividends paid). How say after 1 months Illegal investments is worth 250b, a 25% increase. Each share would now represent 1,25mil. If theres a dividend, lets say, 1%, then everyone gets 12,500 ISK per share but each share would now only represent 1,237,500 ISK.
However, since the shares are freely tradeable this doesnt have to be the price on the market. The market price would be affected by supply and demand, trust in the II (Illegal Investments) leadership, but also past and potential future dividends and price increases. Because of that, people would talk about it, especially here in MD, maybe opensing WTB/WTS order threads etc. This in term would give II a lot of publicity, which leads to 2.)
2.) This share thing can be used IN ADDITION to the current interest-bearing account. While the shares represent a part of II and are a sure thing in regards to capitalization (II doesn't have to buy them back, it can plan ahead with the capital a lot better), they also represent a long-term liability to II. If not all capital can be invested due to whatever reason, this might be running at a loss. The interest-bearing accounts can be used to quickly gain capitalization (ppl depositing) and to quickly get rid of liabilities (paying then out) at a predetermined rate. This might proof to be a very important part of II especially when diving into new branches. This would also show that II really thought about what amount it can profitably invest and what is too much. The amount that can be profitably invested can be gained through the sale of shares and everything that comes up later can be covered by these interest-bearing accounts. That doesn't exclude re-issuing some shares if shareholders agree.
3.) Whats in it for II? With the current model, it's pretty obvious. Investors get a certain amount per day depending on their investment and II gets to keep all the money in excess. With a share model, that wouldn't apply anymore. Others would get the same dividend and value appreciation per share as II itself, but with less effort than II. Thats where this comes in:
Illegal Spokeswoman wrote: Illegal Investments would take a cut before the profit is dished out but I was thinking about taking this direction with Illegal Investments instead. It feels to me more like we are in it together this way and not so much me just paying out isk.
Opinions?
Depending on what "taking a cut" is, I think thats a very good idea. Now the important thing is that, if a share represents a certain percentage of II, then not paying out all profit is not "taking a cut". It's still a value appreciation for the investor. 5% dividend and 3% value appreciation (through a net-asset increase in II) is still a 8%profit. Same for 1% dividend and 7% value appreciation. Not paying out too much is important in order to scale (and in order to maybe buy back some interest-bearing account liabilities).
"Taking a cut" would be an either flat payout to the guy running II (to his personal Account), or a percentage based on the profit made that month, or, what I think is best, a combination of both. A flat payout that has to be agreed upon by all shareholders, plus a percentage of the profit (also to be agreed upon). That would add motivation, since a good months earns more, but it would also provide a sure income each month (even if II operates at a loss that month for whatever reason). He he wanted, he would then buy II-shares on the free market with that payout :D
Just my 2 ISK. You asked for opinions :) |
Illegal Spokeswoman
Illegal Investments
18
|
Posted - 2015.09.08 09:56:00 -
[100] - Quote
Thanks for the input, Thor no changes are likely to happen to the banking section, it is more likely that this will either run seperately or replace it. We are going to wait till the end of the month to see how September does and use the data from that to properly assess how things might work. Though I'm quite inclined to keep the bank going as I've already put a lot of effort into it :)
Nero, I found what you put very interesting, I like the ideas you mentioned and particularly liked the share idea, though I'd want to make a separate corporation to decrease the chance of a "take over" so to speak :)
Gÿà Illegal Investments Gÿà Banking Gÿà
|
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Nero Farway
Selectivity
33
|
Posted - 2015.09.08 10:08:20 -
[101] - Quote
Illegal Spokeswoman wrote:
Nero, I found what you put very interesting, I like the ideas you mentioned and particularly liked the share idea, though I'd want to make a separate corporation to decrease the chance of a "take over" so to speak :)
Thanks! Yeah there could just be a dummy corporation that is used for share & dividend management. I am looking forward to the coming changes. |
Darion Maken
Deep Core Mining Inc. Caldari State
7
|
Posted - 2015.09.08 17:16:37 -
[102] - Quote
Illegal Spokeswoman wrote:I would like to open up for discussion an idea I had today.
The idea was to potentially head into more of a Hedgefund route.
Everyone being paid out based on the % of ISK they have deposited against everyone else.
For example,
Barry has 1b invested
Jackson as 2b invested
At the end of the month Barry would receive 33% of the months profit and Jackson would receive 66%
Illegal Investments would take a cut before the profit is dished out but I was thinking about taking this direction with Illegal Investments instead. It feels to me more like we are in it together this way and not so much me just paying out isk.
Opinions?
I'm scratching my head on this one. You mention that profits would be divided at the end of the month with Illegal (ie: you) taking a cut. Later you say the investors should do better under this model. The flip side is you would then do worse. Why? Why are you heading down a path that puts more and more work on you and less and less reward for that work?
I have to say that this appears more and more like a ponzi where you are in the final stage of freezing the investors to get the last few suckers before it collapses. Combine with no trading results for the last couple of weeks - wow, I'd be concerned if invested.
Hope to be proven wrong.
Darion |
Darion Maken
Deep Core Mining Inc. Caldari State
7
|
Posted - 2015.09.08 17:40:48 -
[103] - Quote
You deleted the public EVE Mogul key in your lead post but forgot to delete a later post with it in it. Here for people's benefit:
http://www.eve-mogul.com/profile/2750
Shows a little over 2B in profits this month, 355m yesterday, 160m so far today. That is the inflow. For outflow, you are showing 150m in daily interest in your account page. So you are making payroll so to speak but not a lot more. Care to comment?
Darion |
virm pasuul
FRISKY BUSINESS. No Handlebars.
317
|
Posted - 2015.09.09 12:29:39 -
[104] - Quote
I was hoping this one would go much further before it popped. I wanna see a proper tulip bubble story. |
Illegal Spokeswoman
Illegal Investments
18
|
Posted - 2015.09.09 13:20:33 -
[105] - Quote
Hello, Darion and virm
I'll start of by apologising for my late reply as I didn't check the forums last night and was away this morning.
The "Bank" hasn't popped. The eve mogul page was not removed to hide it from anyone, if I wanted to hide it I would have disabled public assess on eve mogul itself. I'm sorry to disappoint you both, Illegal Investments is not as was never a scam attempt.
Yes the isk being made is covering the costs of interest, my plex and a little on top. I see no issue here. Account holders will still get their interest regardless of Illegal Investments performance. Illegal Investments is currently operating in surplus.
Isk is not Illegal Investments primary objective, isk is not what drives me to log on everyday. Isk is a by-product of my gameplay.
Hopefully this provides some clarity, if not feel free to post again and i'll do my best to answer your questions.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
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Darion Maken
Deep Core Mining Inc. Caldari State
8
|
Posted - 2015.09.09 14:43:37 -
[106] - Quote
No worries, and actually no more questions. Just felt weird that you set up the bank, give out fairly high interest rates - 16% monthly. Then reduce that to 10% to be more sustainable. Then begin discussing changing the model to profit sharing with a fixed cut to yourself. Which, unless the fixed cut is gigantic means you went back to what is in essence a higher interest rate. Top that with poor investment gains and it had (and has) me wondering.
Hoping this all turns out well for you and your investors.
Darion |
Dextrome Thorphan
Intrepid Crossing
130
|
Posted - 2015.09.09 14:50:33 -
[107] - Quote
Darion Maken wrote:No worries, and actually no more questions. Just felt weird that you set up the bank, give out fairly high interest rates - 16% monthly. Then reduce that to 10% to be more sustainable. Then begin discussing changing the model to profit sharing with a fixed cut to yourself. Which, unless the fixed cut is gigantic means you went back to what is in essence a higher interest rate. Top that with poor investment gains and it had (and has) me wondering.
Hoping this all turns out well for you and your investors.
Darion
It doesn't really sound all that fishy imo...
Switching from a fixed intrest rate to a dividend system does not translate into a higher intrest rate. It will actually ensure that Illegal will never have to pay more intrest than profit that he made. Which sounds pretty reasonable to me. |
Illegal Spokeswoman
Illegal Investments
19
|
Posted - 2015.09.09 15:27:31 -
[108] - Quote
I wanted to open up the other idea for discussion to get some feedback and possibly help with some ideas or issues I hadn't considered.
Please don't think I'm making changes hastily, a lot of thought goes into each and every decision and direction Illegal Investments takes. I have RL friends which are always happy to discuss things as well as account holders who are always happy to give feedback when it concerns their isk.
As Dextrome mentioned, not having to worry about interest and just having a payout each month would keep things simpler and easier to run. There are still things to be flushed out such as how the payouts would be handled, what to do with the bank if I wanted to start this other venture, etc etc.
I understand how a new system might be a little confusing as it could potentially mean more isk for the investors than the bank set-up but the ease and simplicity is something that attracts me to that.
As mentioned in a post above somewhere, I'm going to use September statistics to get a better idea of how the idea might work and make an informed decision.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Darion Maken
Deep Core Mining Inc. Caldari State
8
|
Posted - 2015.09.09 15:30:36 -
[109] - Quote
Dextrome Thorphan wrote:
It doesn't really sound all that fishy imo...
Switching from a fixed intrest rate to a dividend system does not translate into a higher intrest rate. It will actually ensure that Illegal will never have to pay more intrest than profit that he made. Which sounds pretty reasonable to me.
Hmmm....Illegal was doing somewhere south of 1 billion a day in trading profits back in July and August. That's with his money. He's since opened a bank. Gathered almost 50 billion in uncollaterlized deposits. Pays out 150m in interest a day and had his daily profits drop to around 200m a day. Now he's looking at changing the model to profit sharing. Shouldn't he be focused on doing something with that extra 50 billion? That sort of money should have easily pushed him into 2 billion a day in trading profits.
None of that sounds fishy?
On a side note, I'll be posting soon for a 50 billion ISK loan. Coincidentally, I'll offer a 10% interest rate with no collateral on my part. As an additional benefit I'll add a 5 billion ISK profit sharing payout if I make my trading goal for October. Any similarities to all the posts above would stop at the point that the 50 billion would actually result in increasing my daily trading profits. Perhaps Illegal Investments could be one of the investors?
Darion |
Nero Farway
Selectivity
34
|
Posted - 2015.09.09 15:40:57 -
[110] - Quote
I just withdrew 3b. The withdrawal got processed quickly (within a few minutes). |
|
Darion Maken
Deep Core Mining Inc. Caldari State
8
|
Posted - 2015.09.09 15:54:23 -
[111] - Quote
Darion Maken wrote:
Hmmm....Illegal was doing somewhere south of 1 billion a day in trading profits back in July and August. That's with his money. He's since opened a bank. Gathered almost 50 billion in uncollaterlized deposits. Pays out 150m in interest a day and had his daily profits drop to around 200m a day. Now he's looking at changing the model to profit sharing. Shouldn't he be focused on doing something with that extra 50 billion? That sort of money should have easily pushed him into 2 billion a day in trading profits.
None of that sounds fishy?
On a side note, I'll be posting soon for a 50 billion ISK loan. Coincidentally, I'll offer a 10% interest rate with no collateral on my part. As an additional benefit I'll add a 5 billion ISK profit sharing payout if I make my trading goal for October. Any similarities to all the posts above would stop at the point that the 50 billion would actually result in increasing my daily trading profits. Perhaps Illegal Investments could be one of the investors?
Darion
Re-read and realized I'm getting snarky. Sorry about that. I'm going to let this rest and watch from the sidelines. On a more positive note, I may actually post for a loan. While I wrote the above in jest, on some thought, it appears there is money out there actively looking for a return. Perhaps I can provide a month or two return for those folks.
Illegal - best of luck on this bank model. I only see this working with an altruistic person who is willing to pay for the idea out of his profits. I hope you are that person.
Darion |
Dextrome Thorphan
Intrepid Crossing
130
|
Posted - 2015.09.09 16:28:58 -
[112] - Quote
Don't get me wrong Darion, I didn't say I completely trust it either :)
Just saying I'm still giving Illegal the benefit of the doubt... I've just got a tiny bit of isk invested, we'll see how it turns out. |
illumed
Hashshashin Inc.
0
|
Posted - 2015.09.09 16:31:21 -
[113] - Quote
Interested in 1-2 month return with 3rd party :D |
Illegal Spokeswoman
Illegal Investments
19
|
Posted - 2015.09.12 17:54:05 -
[114] - Quote
Illegal Investments, back on top!
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
20
|
Posted - 2015.09.15 10:54:35 -
[115] - Quote
Hello again, just a quick little update.
The my eve-mogul was having issues related to the eveonline login, yesterday had all of the account data migrated onto a new account.
The public profile box is ticked but if the link no longer works I'll make a new one.
Gÿà Illegal Investments Gÿà Banking Gÿà
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goodlady Smith
Exit-Strategy Exit Strategy..
37
|
Posted - 2015.09.16 10:53:08 -
[116] - Quote
I have been watching as was keen to get in on the action if this stood for a while but your API seems to no longer function, will you enable again?
Please like my posts it makes me feel better about the time I spend on the forums
Buy your drugs from: Charlinda Akheteru, AIA Pharmaceuticals
|
Illegal Spokeswoman
Illegal Investments
20
|
Posted - 2015.09.16 11:04:58 -
[117] - Quote
Yes, I was having some issues with eve mogul and a long story short I remade my API even though it didn't fix anything haha.
Here's the new one.
KeyID : 4681071 vCode : xClpX2UspnUHcZa8kDrmjQYfgcXfC9gOQuutaJJGQRE1JpGbMRSLThEddDxRSso1
Has access to the corporation Wallet Journal and Balance.
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Stella Lass
Native Freshfood Minmatar Republic
1
|
Posted - 2015.09.16 15:12:53 -
[118] - Quote
1 bill deposited |
Illegal Spokeswoman
Illegal Investments
20
|
Posted - 2015.09.16 15:14:27 -
[119] - Quote
Account sorted and account link set.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
goodlady Smith
Exit-Strategy Exit Strategy..
37
|
Posted - 2015.09.16 19:32:48 -
[120] - Quote
Illegal Spokeswoman wrote:Yes, I was having some issues with eve mogul and a long story short I remade my API even though it didn't fix anything haha.
Here's the new one.
KeyID : 4681071 vCode : xClpX2UspnUHcZa8kDrmjQYfgcXfC9gOQuutaJJGQRE1JpGbMRSLThEddDxRSso1
Has access to the corporation Wallet Journal and Balance.
II
Working again thanks
Please like my posts it makes me feel better about the time I spend on the forums
Buy your drugs from: Charlinda Akheteru, AIA Pharmaceuticals
|
|
Illegal Spokeswoman
Illegal Investments
21
|
Posted - 2015.09.19 12:24:36 -
[121] - Quote
Just an FYI for anyone using eve mogul to track II profits. I had all the data moved onto a new account and the items that are selling don't have a purchase price attached to them on the site so it's not calculating the profit that item made.
Example
Clearer screen grab
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Temporary Clone 001
Illegal Investments
0
|
Posted - 2015.09.24 13:23:51 -
[122] - Quote
Hello, this is quite an important update.
Posting from this character because: Illegal clone 001 was banned (temporary, pending investigation). Illegal Spokeswoman is on the same account. The forum rules forbid discussing bans on the forums so I'll leave that there.
On the 1st of September (2015) I will be reluctantly stopping Illegal Investments banking system and returning everyone's isk over the days following.
I have had some real life stuff come up (Which I don't want to go into too much detail about) that has greatly interfered with my ability to trade efficiently. I hope to bring Illegal Investments banking back in the future when the dust has settled.
If you want to request a withdrawal before the 1st please direct your mails to Illegal Clone 002
Thank you everyone who was involved.
II |
virm pasuul
FRISKY BUSINESS. No Handlebars.
317
|
Posted - 2015.09.24 15:32:42 -
[123] - Quote
1st September was 23 days ago. I think you mean 1st October maybe? I also think there will be tears here unless a lock request gets in before the tears.
Here's one to start you off. I had hoped this would go out with a bigger bang, not a whimper. Ahhh well... maybe next time?
|
Temporary Clone 001
Illegal Investments
0
|
Posted - 2015.09.24 15:36:15 -
[124] - Quote
I don't plan for this thread to be locked. I plan to use this thread again when II banking comes back.
II |
Pridit
Private Ventures
4
|
Posted - 2015.09.24 17:58:48 -
[125] - Quote
Unfortunate to hear you have reached this decision but completely understandable, real life is a priority. I hope the investigation isn't anything serious, whilst not invested it's disappointing to see a fellow competitor go out. Hope to see you back up and running in the near future.
Private Ventures Investments
|
Temporary Clone 001
Illegal Investments
1
|
Posted - 2015.09.24 18:17:40 -
[126] - Quote
Pridit wrote:Unfortunate to hear you have reached this decision but completely understandable, real life is a priority. I hope the investigation isn't anything serious, whilst not invested it's disappointing to see a fellow competitor go out. Hope to see you back up and running in the near future.
Thanks, I hope to only be out a few months.
"I believe whatever doesn't kill you, simply makes you ... stranger."
II |
illumed
Hashshashin Inc.
0
|
Posted - 2015.09.25 11:03:48 -
[127] - Quote
Sad to hear, I hope you get RL and the account sorted out and I will be a returning client for sure!
Does this mean interest will be paid till Oct 1st?
o7
|
Temporary Clone 001
Illegal Investments
1
|
Posted - 2015.09.25 11:27:51 -
[128] - Quote
Yes interest will be paid till Oct 1st. =D
I wanted to give people enough time to find other placements for their isk and for myself to liquidise.
<3
II |
Illegal Spokeswoman
Illegal Investments
21
|
Posted - 2015.09.27 17:31:07 -
[129] - Quote
Illegal Clone 001 is free!!! Free from the graps of those who would hurt us!
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Dextrome Thorphan
Intrepid Crossing
132
|
Posted - 2015.09.28 10:01:20 -
[130] - Quote
Just wanted to say I've received all invested ISK back + interest |
|
Jedith Visteen
Rabble Inc.
0
|
Posted - 2015.09.28 22:54:30 -
[131] - Quote
Just wanted to say as a newbro investor found the set up easy and fun to participate in, sorry to see it is ending.
Recieved all investments + interest back
Hope to invest if and when you return. |
Nimbu
Backwater Redux Tactical Narcotics Team
0
|
Posted - 2015.09.29 10:26:40 -
[132] - Quote
Shame to see this close but as mentioned RL does come first.
Will post here to confirm when iskies have been returned and hopefully will be reinvesting with you when you are back!
Nims
|
Illegal Spokeswoman
Illegal Investments
23
|
Posted - 2015.09.30 12:43:52 -
[133] - Quote
Today is the last day account holders will receive interest. Funds are being returned tomorrow as mentioned in a previous post.
Future posts will be made with Illegal Clone 001 as I am sacrificing Illegal Spokeswoman to BOB for profit and 'health'.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
24
|
Posted - 2015.10.01 00:02:07 -
[134] - Quote
(Ok 1 last post with Illegal Spokeswoman) The Net profit is really really low but I suspect this is largely to do with the fact that eve mogul is missing a load purchase prices for items.
Monthly Report - 01/10/2015
September Breakdown
Trades (Includes Items that haven't sold yet) -187153063490.37
Trading Profits 9,569,195,580.00
TAX (Includes broker fees for Items that haven't sold yet) -3,305,477,985.86
Hauler Costs (Includes the costs for items that haven't sold yet and items currently in transit) -1,828,975,287.15
Interest Paid (Estimate) -4,138,348,951.20
Net Profit 1.49% 299,598,647.94
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Siona Teg
New Groton Industrial Works
2
|
Posted - 2015.10.01 00:26:43 -
[135] - Quote
Investment and interested received. Communication was clear, professional and above board.
Good doing business. Keep in touch.
|
Ayel Phor
Akimamur Industries Legio immortales CXCI
2
|
Posted - 2015.10.01 00:27:22 -
[136] - Quote
got everything (+interest) back. sorry to hear you are cancelling illegal investments for now. but i understand RL comes first.
let me know when you are back up for business. i'd be glad to be a customer again :) |
dman1990m
Midnight Hauling
5
|
Posted - 2015.10.01 00:35:35 -
[137] - Quote
All ISK received no hassle. Great experience I will be waiting to do business again! :) |
Elisaran Dagma
EVE University Ivy League
2
|
Posted - 2015.10.01 02:56:10 -
[138] - Quote
Isk has been accounted for. I wish you best of lucks while I invest elsewhere.
Please do give me news once in a while! |
Nimbu
Backwater Redux Tactical Narcotics Team
0
|
Posted - 2015.10.01 08:27:51 -
[139] - Quote
Confirming Initial investment and interest returned.
Thanks for the oppertunity |
illumed
Hashshashin Inc.
0
|
Posted - 2015.10.07 06:42:30 -
[140] - Quote
Confirming Initial investment and interest returned.
|
|
Barbie Smith
Hedion University Amarr Empire
0
|
Posted - 2015.10.14 19:19:19 -
[141] - Quote
Come back :'( |
illumed
Hashshashin Inc.
1
|
Posted - 2015.10.14 20:09:46 -
[142] - Quote
|
Illegal Spokeswoman
Illegal Investments
26
|
Posted - 2015.10.24 21:52:49 -
[143] - Quote
Thank you all for your patience and understanding while I had to tempoary stop Gÿà Illegal Investments Gÿà Banking Gÿà.
Illegal Investments will be returning on the 26th October.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
28
|
Posted - 2015.10.26 13:21:03 -
[144] - Quote
Illegal Investments is open! See post #1 for account details and account opening procedures.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Elisaran Dagma
EVE University Ivy League
5
|
Posted - 2015.10.26 18:11:19 -
[145] - Quote
Welcome mate! |
Nimbu
Backwater Redux Tactical Narcotics Team
1
|
Posted - 2015.10.26 23:16:35 -
[146] - Quote
Awesome news.
Will drop you an eve mail with some questions.
|
IB Stripe
State War Academy Caldari State
0
|
Posted - 2015.10.27 06:50:01 -
[147] - Quote
I have 2-5 bil to invest and this looks like a good opportunity. However your changes to the original offer and takedown soon after along with account banning brings some questions to my mind.
Would you care to clarify your position on these events? |
Illegal Spokeswoman
Illegal Investments
28
|
Posted - 2015.10.27 13:34:44 -
[148] - Quote
I'm unsure as to exactly what your question is.
My position is as it was when I first started the bank. I wanted additional ISK to trade with while also offering a FAIR return to players who chose to invest. I'm not someone who spends all day trading to maximise profit but tends to focus more on trade that involve the purchase, movement and resale of goods without the hassle of constantly updating orders. I find this trading works for me and scales well with the accounts holders involvement. I was refining my strategy up to the day I had to close. Example of eve-mogul 7 day graph with 30b on the market. Excluding today (27th on graph) the MEAN is 146m. With 30b of account holders money I would be paying out 75m a day in interest. That's a profit for II of 76m. Seems fair right? Also note that the data shown are the results of trades from the few times I logged in while I was away.
Of course there are goods days and bad days as the graph shows but I have never not made enough to cover the interest.
The original offer, presumably you are referring to the 0.5% daily? This was an error on my part. I didn't believe II was going to be as popular as it was and after doing some calculations realised I was either going to have to FIX the interest rates and allow II to actually survive or stop the service. I was having a lot of fun so decided to rework things.
I will not be discussing the ban on the forums as I know the forum rules state something along the lines of discussing bans as a nono. *Censored
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
illumed
Hashshashin Inc.
3
|
Posted - 2015.10.28 08:43:54 -
[149] - Quote
Welcome back, Isk sent and returning client :) |
Illegal Spokeswoman
Illegal Investments
28
|
Posted - 2015.10.29 23:08:05 -
[150] - Quote
Just released the new "Citadel" Savings Account with 0.33% Daily Compounding Interest (10% Monthly).
See post #1 for details
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
|
Illegal Spokeswoman
Illegal Investments
28
|
Posted - 2015.11.01 17:54:41 -
[151] - Quote
Hello all,
This going to be a quick little update on Illegal Investments and how things are going.
Since reopening on the 26th currently holds approximately 35.5b in account holder funds. These funds are being used for primarily trend trading in Jita.
I use a spreadsheet I designed to find items that are below the price they should be (using price history). I sort though all the items and purchase items that are at their low point in their trend. A few recent examples are the 'Nightmare' and 'Coreli A-Type 5MN Microwarpdrive'.
I've slowly been optimising my item choices with the experience I'm getting from this type of trading. I prefer trading this way as it saves in haulers fees and I don't have to update orders once placed (At all).
Savings Accounts
I recently add a new savings account "Citadel" with a daily 0.33% interest / 10% monthly.
When broker accounts return they will also have 0.33% interest but with no minimum deposit as before. I'm currently reworking the broker account sheets and will make them available again once I've got everything finished. I'm planning some cool stuff for these accounts such as referral rewards and other stuff which I want to keep quite about now but I think you'll all like it. Broker accounts will also receive a criteria for entry (note previous broker account holders will not need to meet this) the details of which haven't been ironed out.
Well, these a few things to read through, I didn't draft this I just started typing. As always feel free to ask questions.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Thanatos Set
The Scope Gallente Federation
0
|
Posted - 2015.11.02 05:38:55 -
[152] - Quote
Deposited 500mil for personal Orca Savings Account. |
Cista2
Caldari Provisions Caldari State
178
|
Posted - 2015.11.02 07:43:29 -
[153] - Quote
So, 35 bn deposited with an unknown player, well done.
Do you have any comment on your current credibility, do you believe that your credibility is larger now than when you started? Do you have any plans for making the use of the money more transparent? Is there a ceiling to how many bn total you will let people transfer to you?
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
|
Illegal Spokeswoman
Illegal Investments
28
|
Posted - 2015.11.02 11:59:52 -
[154] - Quote
Cista2 wrote:So, 35 bn deposited with an unknown player, well done.
Do you have any comment on your current credibility, do you believe that your credibility is larger now than when you started? Do you have any plans for making the use of the money more transparent? Is there a ceiling to how many bn total you will let people transfer to you?
I was holding 46b at one point when I was running before.
I wouldn't say I'm unknown. I may be unknown to you although you've comment on this thread a few times. I understand if you do not agree with this type of account investings but there are a number of people that do like it.
As for credibility, I would hope that people can make an informed decision by my history and either join my in game channel or speak to me via mail. I do think my credibility has grown since I started however dealing with uncollateralised isk I still think needs a decent ROI so the interest rates will be staying where they are.
I'm not going my make my trading actives much more transparent than perhaps talking about items I've traded after the trade has happened.
There is an ISK cap, on the accounts it's 25B. That cap is per character so people could make several characters and deposit more if they wished.
I'm a pretty relaxed trader, I don't make billions and billions a day, I usually make just over double the interest if you avg the profit over the week. 7 Days Not that the trends I'm trading can take anywhere from a day to a few weeks to trend back. This should give you an idea how things are progressing. Put simply this trading method was a lot better than the inter regional trading I was doing before when I was making 300m a day or so. NO haulers fees, no need to worry about other characters, though I may expand to Amarr when I start to run out of items in Jita.
II
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Jerry T Pepridge
Meta Game Analysis and Investment INC.
321
|
Posted - 2015.11.03 13:28:44 -
[155] - Quote
Would like pledge 20b |
K Diamond
K Diamond Holding LTD. Bullets Bombs and Blondes
1
|
Posted - 2015.11.08 16:01:00 -
[156] - Quote
Best wishes
*Citadel Account holder*
KD |
Spruillo
Spruillo Corp
55
|
Posted - 2015.11.09 05:03:41 -
[157] - Quote
Sign me up 4 the 0.0 whats my return
PLAYIN SPACE TRUCKS VROOM VROOM
|
Illegal Spokeswoman
Illegal Investments
29
|
Posted - 2015.11.09 12:45:43 -
[158] - Quote
Spruillo wrote:Sign me up 4 the 0.0 whats my return
Actually you are in luck, this week we're offering a special on our 0.0 accounts for first time customers.
You will reserve an account opening reward of 0.0% the amount of the first deposit as well as a monthly bonus of 0.0%.
If that wan't enough we even send a contract full of goodies worth 0.0% of the account as a thank you for being such a great customer.
Love from the Illegal Investments team
II
*Satire
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.15 20:37:40 -
[159] - Quote
Illegal Investments
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Starboomer Franses
Crepuscule Warchai
0
|
Posted - 2015.11.15 21:56:02 -
[160] - Quote
If the interest takes you into the "next" level, would that new interest-rate be applied automatically? |
|
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.15 22:03:10 -
[161] - Quote
Starboomer Franses wrote:If the interest takes you into the "next" level, would that new interest-rate be applied automatically?
Yes, the sheet works using this formular
(Taken from cell E5)
=(if(F5="","",if(F5<500000000,F5*0.083%,if(F5<5000000000,F5*0.17%,if(F5<10000000000,F5*0.25%,if(F5<25000000000,F5*0.33%,if(F5>=25000000000,25000000000*0.33%)))))))
So as the account passes 500,000,000 isk the account calculates interest at 0.17% from that date onward until it then reaches the next one.
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.16 19:38:59 -
[162] - Quote
Illegal Investments
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.18 01:00:52 -
[163] - Quote
Illegal Investments
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Elizabeth Norn
Nornir Research
739
|
Posted - 2015.11.18 01:47:55 -
[164] - Quote
You don't need to keep bumping this thread, it isn't getting pushed off the front page because MD is a slow board.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
|
Jerry T Pepridge
Meta Game Analysis and Investment INC.
346
|
Posted - 2015.11.18 02:07:55 -
[165] - Quote
Elizabeth Norn wrote:You don't need to keep bumping this thread, it isn't getting pushed off the front page because MD is a slow board.
or do it, but use the army of your alts aka the "investors" just to mix it up abit. |
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.18 12:05:56 -
[166] - Quote
I don't tend to look at the MD board much so wasn't sure where it was on the page. I'll slow the bumps down a bit.
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Cista2
Caldari Provisions Caldari State
184
|
Posted - 2015.11.18 12:32:35 -
[167] - Quote
In case you don't know, you are not allowed to bump topics in a discussion forum at all. Bumping is only allowed in the trade section. You can of course post about "new developments" :)
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
|
Elizabeth Norn
Nornir Research
742
|
Posted - 2015.11.18 13:18:22 -
[168] - Quote
Illegal Spokeswoman wrote:I don't tend to look at the MD board much so wasn't sure where it was on the page. I'll slow the bumps down a bit.
This really sums this thread up, I'm not surprised in the least .
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
|
Illegal Spokeswoman
Illegal Investments
30
|
Posted - 2015.11.18 13:36:02 -
[169] - Quote
Elizabeth Norn wrote:Illegal Spokeswoman wrote:I don't tend to look at the MD board much so wasn't sure where it was on the page. I'll slow the bumps down a bit. That really sums this thread up, I'm not surprised in the least .
Not sure what you mean by that.
Other than this thread what do I need to spend time looking at on the MD board?
Gÿà Illegal Investments Gÿà Banking Gÿà
|
Elisaran Dagma
EVE University Ivy League
6
|
Posted - 2015.11.26 23:03:58 -
[170] - Quote
I lvoe watching the interest grow a bit, day by day. Somewhat relaxing. |
|
illumed
Hashshashin Inc.
4
|
Posted - 2015.11.28 10:32:12 -
[171] - Quote
Agreed, would also like bi-weekly or weekly updates on how the bank is doing.
Positives and negatives in regards to the market. Maybe via email, if you wish it not to be public. |
Dethmourne Silvermane
Garoun Investment Bank Gallente Federation
77
|
Posted - 2015.11.28 19:44:15 -
[172] - Quote
Elizabeth Norn wrote:Illegal Spokeswoman wrote:I don't tend to look at the MD board much so wasn't sure where it was on the page. I'll slow the bumps down a bit. That really sums this thread up, I'm not surprised in the least .
Maybe we should start a bank so we, too, can ignore MD!
Interested Party (TM)
|
Nero Farway
Selectivity
36
|
Posted - 2015.12.03 10:45:03 -
[173] - Quote
What happened here? The Chat channel"Illegal Investments" didn't' exist when I logged in today - I recreated it.
The Corp "Illegal Investments" is closed and Illegal Clone 1-5 are in NPC corps "for less than one day".
Any Updates? |
Dextrome Thorphan
Intrepid Crossing
141
|
Posted - 2015.12.03 10:52:24 -
[174] - Quote
Nero Farway wrote:What happened here? The Chat channel"Illegal Investments" didn't' exist when I logged in today - I recreated it.
The Corp "Illegal Investments" is closed and Illegal Clone 1-5 are in NPC corps "for less than one day".
Any Updates?
|
Nouva MacGyver
MacGyver Communications
26
|
Posted - 2015.12.03 10:59:12 -
[175] - Quote
Just passing by.. I didn't even invest, but out of curiousity does any one of you investors know the total amount of money Illegal Investments had up to this point? And were there ever any form of periodic reports for those vested?
Other than the chat channel what else is missing? The corp closed? Wardec? Temporary reshuffle? Heist? Seems like some drama is afoot, but too little details at the moment. Could even be nothing at all.
Keep us posted. |
Nero Farway
Selectivity
36
|
Posted - 2015.12.03 11:14:06 -
[176] - Quote
Nouva MacGyver wrote:Just passing by.. I didn't even invest, but out of curiousity does any one of you investors know the total amount of money Illegal Investments had up to this point?
Around 100b was mentioned by Illegal Clone 001,1-2 days ago in the chat channel.
Nouva MacGyver wrote: And were there ever any form of periodic reports for those vested?
He was planning to introduce said reports. However, when talking to him ingame he provided all the information I asked for.
Nouva MacGyver wrote:Other than the chat channel what else is missing? The corp closed? Wardec? Temporary reshuffle? Heist? Seems like some drama is afoot, but too little details at the moment. Could even be nothing at all. Keep us posted.
- Chat channel was closed when I logged in today. I recreated it. - The Corp is closed. - Idk about a wardec but afaik he used hauling contracts anyway, so a wardec wouldn't have mattered. - The Account with Illegal Clone 001 once got temp. banned for 7 days. This can also be read about in this thread. He said this was an error (my CCP). Maybe something similar happened here, possibly including an inter-account permaban? - At this moment I do not believe this to be a heist. We'll see if I am wrong. - My deposit account sheet is still active. - He apparently actively worked on improving the service, so a sudden shutdown seems weird - at least for me. - In case his Account(s) got (perma?-)banned I hope he'll start over and issue a repayment plan. - His usual online time is about to start soon, so I hope for an update later today. |
Cista2
Caldari Provisions Caldari State
188
|
Posted - 2015.12.03 11:25:20 -
[177] - Quote
Well I am shocked. Nero, don't mean to trash your hopes, but how does "perma-banned" give it a positive spin for you, and how does "perma-banned" include having all his chars active but in other corporations?
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
|
Droodid
Antec Enterprises
60
|
Posted - 2015.12.03 11:41:54 -
[178] - Quote
You'd hope it was a permaban because otherwise that was a lot of work for only 100b or so! |
Nero Farway
Selectivity
36
|
Posted - 2015.12.03 11:56:06 -
[179] - Quote
Cista2 wrote:Well I am shocked. Nero, don't mean to trash your hopes, but how does "perma-banned" give it a positive spin for you, and how does "perma-banned" include having all his chars active but in other corporations?
I do not know how bans are treated since nobody I ever knew was banned. However, I assumed the corp might get auto deleted if the accounts running the corp get perma banned.
I do not know if his chars are active or not. I have not seen any of them online yet, so that remains unknown.
It would not necessarily be positive, but it could mean that he does not default on purpose (if he does at all). That, in turn, would mean, that I at least didn't misjudge him - regardless of my money being gone. If would also open up the possibility of him starting over and issuing a repayment plan.
But again.. idk what actually happens when a ban occurs and if corps belonging to banned accounts get auto closed. |
Elizabeth Norn
Nornir Research
752
|
Posted - 2015.12.03 12:18:46 -
[180] - Quote
Interesting .
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
|
|
Jerry T Pepridge
Meta Game Analysis and Investment INC.
407
|
Posted - 2015.12.03 13:12:30 -
[181] - Quote
lol
cya next time, next alt..... |
lmmortalist
lmmortality Associates
129
|
Posted - 2015.12.03 16:39:46 -
[182] - Quote
Even though I have nothing invested I am sort of hoping for the heist suspections to be false. For once it would be nice to have a good and legit business idea in Eve that wasn't a scam. |
illumed
Hashshashin Inc.
5
|
Posted - 2015.12.03 17:29:45 -
[183] - Quote
I think it might be obvious what happened..
Also my account sheet shows it was zeroed out.
It was nice while it lasted, probably could have stolen a lot more if he waited till after X-mass.
Off to other investments as I think this thing made fools of all involved. |
Nero Farway
Selectivity
36
|
Posted - 2015.12.03 17:34:59 -
[184] - Quote
illumed wrote:I think it might be obvious what happened..
Maybe, but he could at least tell us so we can congratulate him :P
illumed wrote: Also my account sheet shows it was zeroed out.
Mine still shows the expected balance.
illumed wrote: It was nice while it lasted, probably could have stolen a lot more if he waited till after X-mass.
Indeed, I would have invested even more I think |
Pridit
Private Ventures
6
|
Posted - 2015.12.04 01:44:52 -
[185] - Quote
Well, I guess I can't be surprised but I was hoping this was actually legitimate. This service did run for quite a long time and seemed honest, how unfortunate and disappointing.
I was approached by someone recently who offered to assist me in turning my, currently temporarily closed venture, into a ponzi so I wonder if this was at all related. Most likely not but still makes you wonder.
[PITVE] Private Ventures - Investments GǦ Loans GǦ Raffles
|
Star Killer14
Core World Imperium
60
|
Posted - 2015.12.04 02:00:53 -
[186] - Quote
This definitely doesn't look good for this being an actual bank.
Also the eve-mongul page has been at 0 for several months and the last time he logged in was late Sept. He could have just chosen not to use it. However, I think having it would have added some level of authenticity to his bank so probably bad that he he not using it from an investor stand point.
As said above would have been nice for this to have been legit but I don't think it is with what has happened recently.
Here is the eve-mongul page for anyone who wants to look at it with all the 0's on it: http://www.eve-mogul.com/profile/2750 |
Pridit
Private Ventures
6
|
Posted - 2015.12.04 02:06:07 -
[187] - Quote
Star Killer14 wrote:This definitely doesn't look good for this being an actual bank. Also the eve-mongul page has been at 0 for several months and the last time he logged in was late Sept. He could have just chosen not to use it. However, I think having it would have added some level of authenticity to his bank so probably bad that he he not using it from an investor stand point. As said above would have been nice for this to have been legit but I don't think it is with what has happened recently. Here is the eve-mongul page for anyone who wants to look at it with all the 0's on it: http://www.eve-mogul.com/profile/2750 He would have needed to log in on EVE Mogul on at least a daily basis for figures to be updated, so he likely wasn't using it. For some reason all your figures revert to 0 if you don't log in, so it's not an accurate measure of any profit gained if you opt not to log into the service.
[PITVE] Private Ventures - Investments GǦ Loans GǦ Raffles
|
Star Killer14
Core World Imperium
60
|
Posted - 2015.12.04 02:16:51 -
[188] - Quote
What I am trying to say is that if he wanted to make it feel safer for an investor having it stay active, logging into it, would help make people think it wasn't a scam. Which when this started he used it that way but then I think some people started asking questions about it and what not so he might have chosen not to use it. I will say when the eve-mongul page was up it didn't look to great, at least compared to what he was saying he could make and did make.
Thanks for the info on how eve-mongul works, I don't use it as I have other ways to evaluate my profits for the little trading I do. |
Elizabeth Norn
Nornir Research
755
|
Posted - 2015.12.04 02:18:23 -
[189] - Quote
Pridit wrote: He would have needed to log in on EVE Mogul on at least a daily basis for figures to be updated, so he likely wasn't using it. For some reason all your figures revert to 0 if you don't log in, so it's not an accurate measure of any profit gained if you opt not to log into the service.
All that's needed is to be subscribed, you don't need to visit the website.
Pridit wrote:I was approached by someone recently who offered to assist me in turning my, currently temporarily closed venture, into a ponzi so I wonder if this was at all related. Most likely not but still makes you wonder.
https://forums.eveonline.com/default.aspx?g=posts&t=457742&find=unread :).
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
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illumed
Hashshashin Inc.
5
|
Posted - 2015.12.04 02:21:19 -
[190] - Quote
Him making it safer was this thread and other people like myself confirming the first time it closed that he paid back deposits ect..
Then when he re-opened, all of us came back and then sum with probably more isk based on the first time around.
Unless he comes here in the next 48 hours and has a reason for what happened. He's probably lurking and jerkin about his recent come up.
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Jerry T Pepridge
Meta Game Analysis and Investment INC.
408
|
Posted - 2015.12.04 02:23:31 -
[191] - Quote
illumed wrote:Him making it safer was this thread and other people like myself confirming the first time it closed that he paid back deposits ect..
Then when he re-opened, all of us came back and then sum with probably more isk based on the first time around.
Unless he comes here in the next 48 hours and has a reason for what happened. He's probably lurking and jerkin about his recent come up.
You can only look at yourself to blame.
you thought this thread and threads like it were a great investment.
hard lessons, despite several major players here warning not to invest, scrubs still do it.
go figure |
illumed
Hashshashin Inc.
5
|
Posted - 2015.12.04 02:49:42 -
[192] - Quote
Jerry T Pepridge wrote:illumed wrote:Him making it safer was this thread and other people like myself confirming the first time it closed that he paid back deposits ect..
Then when he re-opened, all of us came back and then sum with probably more isk based on the first time around.
Unless he comes here in the next 48 hours and has a reason for what happened. He's probably lurking and jerkin about his recent come up.
You can only look at yourself to blame. you thought this thread and threads like it were a great investment. hard lessons, despite several major players here warning not to invest, scrubs still do it. go figure Blame? it was a highly likely this would bust lol. What makes you figure I thought this was a great investment? I have quite a few collateralized investments and this was a wild card always. Others lost a lot more then me, I personally think he could have gotten away with much more after 6 months.
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Elizabeth Norn
Nornir Research
755
|
Posted - 2015.12.04 02:56:17 -
[193] - Quote
Thought I'd compile some quotes.
Illegal Spokeswoman wrote: I'm sorry to disappoint you both, Illegal Investments is not as was never a scam attempt.
...
Isk is not Illegal Investments primary objective, isk is not what drives me to log on everyday. Isk is a by-product of my gameplay.
Biomassed character.
wrote:Temporary Clone 001]Hello, this is quite an important update.
Posting from this character because: Illegal clone 001 was banned (temporary, pending investigation). Illegal Spokeswoman is on the same account. The forum rules forbid discussing bans on the forums so I'll leave that there.
Untrustworthy portrait. Look at those eyebrows.
This EVE-Mogul profile was posted by Illegal Spokeswoman here. Last active in 2014?
Darion Maken posted this EVE-Mogul profile (here), last active in November.
But this EVE-Mogul profile was active yesterday.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
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Jerry T Pepridge
Meta Game Analysis and Investment INC.
408
|
Posted - 2015.12.04 03:34:18 -
[194] - Quote
illumed wrote: What makes you figure I thought this was a great investment? I have quite a few collateralized investments and this was a wild card always. Others lost a lot more then me, I personally think he could have gotten away with much more after 6 months.
You invested in it, you thought it was good, saying others lost more that you doesn't make your judgement any better.
bad luck. |
illumed
Hashshashin Inc.
5
|
Posted - 2015.12.04 04:19:59 -
[195] - Quote
Jerry T Pepridge wrote:illumed wrote: What makes you figure I thought this was a great investment? I have quite a few collateralized investments and this was a wild card always. Others lost a lot more then me, I personally think he could have gotten away with much more after 6 months.
You invested in it, you thought it was good, saying others lost more that you doesn't make your judgement any better. bad luck.
I never thought of this as an investment, it was a gambling at best. I wish it went longer though for the lolz. I can't speak for others like you do, judge my portrait though all you want. It's worth more than your super.
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Jerry T Pepridge
Meta Game Analysis and Investment INC.
408
|
Posted - 2015.12.04 04:26:40 -
[196] - Quote
illumed wrote: I never thought of this as an investment, it was a gambling at best. I wish it went longer though for the lolz. I can't speak for others like you do, judge my portrait though all you want. It's worth more than your super.
Good, im happy, that you are happy, to lose isk so stupidly, to another player despite obvious warnings. |
illumed
Hashshashin Inc.
5
|
Posted - 2015.12.04 11:28:32 -
[197] - Quote
Jerry T Pepridge wrote:illumed wrote: I never thought of this as an investment, it was a gambling at best. I wish it went longer though for the lolz. I can't speak for others like you do, judge my portrait though all you want. It's worth more than your super.
Good, im happy, that you are happy, to lose isk so stupidly, to another player despite obvious warnings.
I wish I was good at video games like you |
Nouva MacGyver
MacGyver Communications
27
|
Posted - 2015.12.30 18:54:49 -
[198] - Quote
So what happened to this one then? Dead project? |
virm pasuul
The Congregation No Handlebars.
341
|
Posted - 2015.12.30 19:27:04 -
[199] - Quote
Who could possibly have predicted how this one was going to turn out?
Oh wait, that was a sarcastic rhetorical question, the answer is anyone with any common sense whatsoever. The guy practically ticked the "this is a scam" boxes off for you. If you lost money here you deserved to lose it and a lot more on top, and I'm sure given enough time you will. Even the scammers are getting weary of people's stupidity, making banks called "The Merchant Bank of Ponzi" with a CEO named "This Alt is a Scammer".
I wish that it had popped with more fanfare and story. Eve scams need a good write up please. |
Koniforous
Tauren Transit
270
|
Posted - 2016.01.02 03:28:51 -
[200] - Quote
This was a scam? Haven't been checking the forums in a few months. Glad I was unable to log in and throw money at this during its reopening.
TAUTX: Private Bank & Lending
TAUTX: Collateral Liquidation / Discount Items
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Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.03 19:39:59 -
[201] - Quote
virm pasuul wrote:The guy practically ticked the "this is a scam" boxes off for you.
Greed it seems is more powerful than sense. |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
552
|
Posted - 2016.01.04 01:55:27 -
[202] - Quote
Blueprint Buyer wrote:virm pasuul wrote:The guy practically ticked the "this is a scam" boxes off for you. Greed it seems is more powerful than sense.
do you allow your character to buy anything else other than blueprints?
This wasn't a scam coz only 1 dude lost isk, the rest was this OP's alts / shills.
its not even story thread worthy. |
Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.04 13:58:51 -
[203] - Quote
Jerry T Pepridge wrote:Blueprint Buyer wrote:virm pasuul wrote:The guy practically ticked the "this is a scam" boxes off for you. Greed it seems is more powerful than sense. do you allow your character to buy anything else other than blueprints? This wasn't a scam coz only 1 dude lost isk, the rest was this OP's alts / shills. its not even story thread worthy.
Only when they've been good.
17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist? |
Elizabeth Norn
Nornir Research
781
|
Posted - 2016.01.04 16:11:00 -
[204] - Quote
Blueprint Buyer wrote: 17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist?
You're quite the spokeswoman!
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
|
Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.04 18:33:55 -
[205] - Quote
Elizabeth Norn wrote:Blueprint Buyer wrote: 17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist?
You're quite the spokeswoman!
I see what you did there, hohoho, but no. I just hung out in the public channel and made notes of things.
It wasn't like he was keeping that information private there were public sheets for everyone to see. |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
558
|
Posted - 2016.01.05 03:33:40 -
[206] - Quote
Blueprint Buyer wrote: Only when they've been good.
17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist?
its pretty obvious by this thread its 1 guy & his alts & it was a failed scam. there is no butthurt responses here, only 1 guy who claims others lost more.
numbers and figures are great but when given by someone such as yourself, they are obvious fanboy lies, why would someone other than OP be explaining the "figures". |
Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.05 15:50:32 -
[207] - Quote
Jerry T Pepridge wrote:Blueprint Buyer wrote: Only when they've been good.
17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist?
its pretty obvious by this thread its 1 guy & his alts & it was a failed scam. there is no butthurt responses here, only 1 guy who claims others lost more. numbers and figures are great but when given by someone such as yourself, they are obvious fanboy lies, why would someone other than OP be explaining the "figures".
They were in his public sheets!
I'm not a fanboy I just observed what was going on. I'm just saying what the sheets said.
I understand you like to troll an everything but at least take a few minutes to check what your trolling about.
There was a public sheet posted on the first post which showed the overall illegal investments accounts and dates of deposits. After the reopening there was 18 deposits followed by 1 withdrawal to the value of a previous deposit and then, well we don't know.
17 presumed account holders. Over 100b on the public sheet.
Not a fanboy just not blind, and yeah I did calculate each deposit to see if the numbers added up for the withdrawal huhuhuh. |
Elizabeth Norn
Nornir Research
784
|
Posted - 2016.01.05 16:14:55 -
[208] - Quote
Blueprint Buyer wrote:I understand you like to troll an everything but at least take a few minutes to check what your trolling about.
There was a public sheet posted on the first post which showed the overall illegal investments accounts and dates of deposits. After the reopening there was 18 deposits followed by 1 withdrawal to the value of a previous deposit and then, well we don't know.
17 presumed account holders. Over 100b on the public sheet.
Not a fanboy just not blind, and yeah I did calculate each deposit to see if the numbers added up for the withdrawal huhuhuh.
Check what? Everything was purged, there isn't a shred of evidence. Here's how it looks to me, with OP's highly likely false claims of large amounts of ISK invested in the market and themselves, their low daily profit that would have barely covered interest payments, daily bumps reeking of desperation prior to silently closing shop and only a single investor claiming they lost money; everything points to this being a completely failed venture.
WTS ME 10 TE 20 BPOs & BPO Packs
WTS Collectible Large Rigged Small/Medium Ships
|
Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.05 16:55:58 -
[209] - Quote
Elizabeth Norn wrote:Blueprint Buyer wrote:I understand you like to troll an everything but at least take a few minutes to check what your trolling about.
There was a public sheet posted on the first post which showed the overall illegal investments accounts and dates of deposits. After the reopening there was 18 deposits followed by 1 withdrawal to the value of a previous deposit and then, well we don't know.
17 presumed account holders. Over 100b on the public sheet.
Not a fanboy just not blind, and yeah I did calculate each deposit to see if the numbers added up for the withdrawal huhuhuh. Check what? Everything was purged, there isn't a shred of evidence. Here's how it looks to me, with OP's highly likely false claims of large amounts of ISK invested in the market and themselves, their low daily profit that would have barely covered interest payments, daily bumps reeking of desperation prior to silently closing shop and only a single investor claiming they lost money; everything points to this being a completely failed venture.
Well they were public when I last looked at them... They do infact appear to have been "purged".
Granted it does appear to be a singular investors loss but we know from the forum post that AT LEAST 2 were invested. If you go back through the posts.
I just thought it was an interesting "venture" too observe and make notes, even if you think it failed I saw from the public channel and sheets there were peopled involved.
I don't care enough to keep responding to you two though.
Well done II well played, regardless of your haul was interesting to follow.
edit: side note for the luls. I actually only found your bpo selling service though this thread haha |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
562
|
Posted - 2016.01.06 10:13:08 -
[210] - Quote
Blueprint Buyer wrote: They were in his public sheets!
I'm not a fanboy I just observed what was going on. I'm just saying what the sheets said.
There was a public sheet posted on the first post which showed the overall illegal investments accounts and dates of deposits. After the reopening there was 18 deposits followed by 1 withdrawal to the value of a previous deposit and then, well we don't know.
17 presumed account holders. Over 100b on the public sheet.
you were not an investor, but recall the amount of accounts, amount of withdrawals, 18 deposits hey? mmmm,
/me Lifts your thinly veiled disguise, of hello illegal investor 006.
Blueprint Buyer wrote: I understand you like to troll an everything but at least take a few minutes to check what your trolling about.
not sure what you mean by that, Trolling is prohibited, these are moderated forums. i know you only liked to view this particular thread as mentioned earlier |
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Blueprint Buyer
School of Applied Knowledge Caldari State
2
|
Posted - 2016.01.06 15:54:15 -
[211] - Quote
Jerry T Pepridge wrote:Blueprint Buyer wrote: They were in his public sheets!
I'm not a fanboy I just observed what was going on. I'm just saying what the sheets said.
There was a public sheet posted on the first post which showed the overall illegal investments accounts and dates of deposits. After the reopening there was 18 deposits followed by 1 withdrawal to the value of a previous deposit and then, well we don't know.
17 presumed account holders. Over 100b on the public sheet.
you were not an investor, but recall the amount of accounts, amount of withdrawals, 18 deposits hey? mmmm, /me Lifts your thinly veiled disguise, of hello illegal investor 006. Blueprint Buyer wrote: I understand you like to troll an everything but at least take a few minutes to check what your trolling about.
not sure what you mean by that, Trolling is prohibited, these are moderated forums. i know you only liked to view this particular thread as mentioned earlier
Only recently. Replying to you and the other. I don't usually post at all and now I remember why. *Frown Face*
No I wasn't an investor. I wouldn't invest into something with no collateral. This is partly why I was interested to see what happened.
I cant remember the exact numbers but from my notes it was on about 18 individual deposits and 1 withdrawal similar to that of a deposit from one before. I cant be exact and it was an assumption that there were 17 investors roughly.
Literally the only point I was making is I don't believe it was all set-up and loads of alts were used just to get 25b. I just don't believe that. There was deferentially at least two and I'm thinking unto 17.
That's all I wanted to say, I'm not going to respond here any more because you're draining my soul. 10/10 for you and a magic star o7
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Hangdog Crux
State War Academy Caldari State
0
|
Posted - 2016.01.06 20:46:32 -
[212] - Quote
I was actually an investor in the first round. I received my funds back with the appropriate interest. It looks like this happened to a number of people when he first closed the bank.
Then he restarted after a bit. At this point I was not a re-investor. The interest offered was less and with no collateral it was starting to sound even more questionable. So I was fortunate and did not lose when he folded.
My guess is that there were several actual people with isk invested with him. I'm not sure if the original closure and repayment was part of the scam; get people thinking you are trustworthy and then come back asking for more. I wouldn't be surprised if this is what he did. |
Dextrome Thorphan
Intrepid Crossing
145
|
Posted - 2016.01.09 09:35:05 -
[213] - Quote
Jerry T Pepridge wrote:Blueprint Buyer wrote: Only when they've been good.
17 People had investments held with Illegal Investments on 3/12. As far as I know none of them were Alts.
The total isk held when the channel closed is not known exactly, having to take into account that people were "earning interest" on their deposits. It was said though that he had over 100b in deposits, IIRC that was said a day or two before the channel closed, so although unlikely it's possible it could be higher.
Could be that someone deposited a large amount and it was too good to resist?
its pretty obvious by this thread its 1 guy & his alts & it was a failed scam. there is no butthurt responses here, only 1 guy who claims others lost more. numbers and figures are great but when given by someone such as yourself, they are obvious fanboy lies, why would someone other than OP be explaining the "figures".
Maybe not everybody wants to post butthurt responses when they've made a bad investment... |
Licio Caleb
Caldari State Regulars
15
|
Posted - 2016.01.12 18:35:37 -
[214] - Quote
so this isn't going anymore? |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
591
|
Posted - 2016.01.13 01:31:47 -
[215] - Quote
Licio Caleb wrote:so this isn't going anymore?
no |
Elisaran Dagma
Imperial Shipment Amarr Empire
7
|
Posted - 2016.04.08 00:14:04 -
[216] - Quote
For anyone wondering, I had lost 10b thanks to this guy and my stupid trust ;) |
Sabriz Adoudel
Move along there is nothing here
5768
|
Posted - 2016.04.08 06:47:18 -
[217] - Quote
Well done, OP.
I support the New Order and CODE. alliance. www.minerbumping.com
Sabriz's Rule: "Any time someone argues for a game change claiming it is a quality of life change, the change is actually a game balance change".
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