EVE Search - The aftermath of the EIB scam...

All Channels

Market Discussions

The aftermath of the EIB scam...

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: 1 2 3 4 [5] 6 7 8 9 10 :: one page
Author	Thread Statistics \| Show CCP posts - 4 post(s)
Kespii Caldari Imperium Technologies Firmus Ixion	Posted - 2006.08.20 07:12:00 - [121] Originally by: Eschwen Originally by: Dark Shikari What does EMFI have to do with this? I have 900,000 EMFI shares. I have zero EIB shares. There is a reason for this disparity. Come now Dark, I know you know better than to post this rubbish. Let me do some quick math for you: You own 900,000 shares of EMFI, out of a total of 10,000,000 shares. This means you personally represent 9% of the fund. Based on the latest EMFI portfolio (and despite EMFI's best efforts to dump stock) the fund currently holds ~8 billion ISK worth of EIBI stock. By definition, this means that approximately 9% of that value is yours. This currently leaves you with a personal loss of $716,850,000.00 ISK. EIBI paid back about 1/3rd of the original IPO value as dividends before today (mitigating your loss somewhat) but still leaving it in the realm of about a half billion. If you were to receive a RL statement from EMFI, it would state that you currently own 29.79 shares of EIBI (due to the fact that you 'own' 9% of the 331 shares carried by the fund). I know this concept does not escape you. Please don't pretend it does. uhh dont be a dumba--, I know that DS has atleast 1 billion invested in emfi
Fitzmaurice Wildly Unsuccessful Pacifists	Posted - 2006.08.20 07:13:00 - [122] Originally by: Your Main There are similarities between Dentara, Cally, EMFI Manager, and Naphtalia, wether people choose to notice them or not... Wow I can't believe that someone never thought of creating a forum alt called "Your Main" before. That was a really great idea man. You're still an idiot, by the way, but good naming.
Hakzuzu	Posted - 2006.08.20 07:14:00 - [123] All I have to say is Ha Ha Ha Ha Oh my god, you guys are a bunch of idiots if you think you can make money for doing absolutely nothing!! Oh my god....thank god for Darwin!! And to put the cherry on top, there was a post from Currin Trader (sp) explaining this exact outcome and basically no one took heed. All I can thank is Darwin because some people and corps are so friggin stupid it isn't even funny. I know some people were burned....obviously, 700 billion is a lot of isk. But come on people, who cares if he has been in business x amount of years.....you can't make money from nothing. This scam has been going on since the early 1800's but people keep falling for it. I do feel for the people that this affected but I really, really hope that they learned their lesson. Hak
VCBee 360	Posted - 2006.08.20 07:14:00 - [124] Originally by: Mecinia Lua Thus propositioning children in a MMO can still be a sexual crime in the real world ( just like when they use text messaging to do so. ). The difference is, you don't actually own anything in this game legally. CCP owns your isk, ships, POSes and your veld. So the only company that could even possibly instigate legal action relating to ingame assets would be CCP. They even own my missl
Jenny Spitfire Caldari LoneStar Industries Veritas Immortalis	Posted - 2006.08.20 07:19:00 - [125] Big scam but somehow didnt feel stylish. May be because all were done in alts. IMHO the scam feels more of an attention scam. Just my 10 ISKs though. --------- In the blindness, a streak fiery thread violently cuts the horizon. Bleeding golden mists, engulfing the blindness from within. Burning the darkness. The touch of dawn.
Obaspacula	Posted - 2006.08.20 07:38:00 - [126] Originally by: Hakzuzu Oh my god, you guys are a bunch of idiots if you think you can make money for doing absolutely nothing!! Oh my god....thank god for Darwin!! A little harsh, rich people get richer by the day just doing that, absolutly nothing. Whole corporations and government entities are based on investing, nothing darwinian about this. Unless you take into consideration your schadenfreude writing.
Mecinia Lua Galactic Express The Guardian Coalition	Posted - 2006.08.20 07:43:00 - [127] Originally by: VCBee 360 Originally by: Mecinia Lua Thus propositioning children in a MMO can still be a sexual crime in the real world ( just like when they use text messaging to do so. ). The difference is, you don't actually own anything in this game legally. CCP owns your isk, ships, POSes and your veld. So the only company that could even possibly instigate legal action relating to ingame assets would be CCP. They even own my missl While I recognize the constraints of the EULA, and agree to them. The fact is no EULA has ever withstood a court test in Europe or the United States. Thus I would not place great faith that it would prevent prosecution. Keep in mind I only said might be a crime, and also that they might could make a case. Of even greater danger though to the individual is the amount taken could cause others to seek vengeance. Such vengeance may not be limited to virtual outlets, with their phone number out there, it is relatively easy for someone to track them down. Alfalfa of Our Gang, the Little Rascals, was mugged and killed for 5 dollars and his dog. There are if you convert the ISK to GTC folks here that lost a lot more money than that. That's the danger of perpetrating such scams, folks don't leave the game when they turn their computers off. Most of us think about what we'll be training next or what we need to do even after we leave the computer screen. Thus for many people MMOs are very real and become in essence an extension of their lives. Thus there is great danger that someone could seek vengeance in the real world. I hope noone does that, because that too would be a crime, better that they take their case to a lawyer or magistrate than take matters into their own hands. Yes it is possible that a lawyer or magistrate will say that you don't have a case, or that though you might have a case, pursuing it might be more costly than if you just let it go. Galactic Express Recruitment Post
Semblence	Posted - 2006.08.20 07:45:00 - [128] When you scam 790 billion ISK, who cares about style? Can't wait for the sequel, I'm sure DS and all the other mugs have already signed up! Thanks, EMFI, for posting that absurd email you got from Cally in hospital in response to my post. Shame you couldn't have volunteered a bit more, for example, the screenshots he faked.
Obaspacula	Posted - 2006.08.20 07:45:00 - [129] Originally by: Jenny Spitfire Big scam but somehow didnt feel stylish. May be because all were done in alts. IMHO the scam feels more of an attention scam. Just my 10 ISKs though. This scam was completly to gain infamy. Nothing more, nothing less; he proved it in that monosolabic video. Only good thing that can come out of this is hopefully some better changes to how investment is handled. EIB could have become a cornerstone to the eve gameing experience. It was a cool idea, sad to see it die.
Obaspacula	Posted - 2006.08.20 07:50:00 - [130] Originally by: Semblence When you scam 790 billion ISK, who cares about style? Style is the difference between being a thug and kingpin.
Semblence	Posted - 2006.08.20 08:02:00 - [131] Wallet screenshots, for comparison: 670 billion isk and another scammer http://upload.0x1011.org/files/walletbig.jpg Style over substance...?
Eschwen Gas Giant Industries	Posted - 2006.08.20 08:06:00 - [132] Originally by: Kespii Originally by: Eschwen Originally by: Dark Shikari What does EMFI have to do with this? I have 900,000 EMFI shares. I have zero EIB shares. There is a reason for this disparity. Come now Dark, I know you know better than to post this rubbish. Let me do some quick math for you: You own 900,000 shares of EMFI, out of a total of 10,000,000 shares. This means you personally represent 9% of the fund. Based on the latest EMFI portfolio (and despite EMFI's best efforts to dump stock) the fund currently holds ~8 billion ISK worth of EIBI stock. By definition, this means that approximately 9% of that value is yours. This currently leaves you with a personal loss of $716,850,000.00 ISK. EIBI paid back about 1/3rd of the original IPO value as dividends before today (mitigating your loss somewhat) but still leaving it in the realm of about a half billion. If you were to receive a RL statement from EMFI, it would state that you currently own 29.79 shares of EIBI (due to the fact that you 'own' 9% of the 331 shares carried by the fund). I know this concept does not escape you. Please don't pretend it does. uhh dont be a dumba--, I know that DS has atleast 1 billion invested in emfi Huh? Please for you to be translating the point you are making here? Or did the point of my post completely escape you? DS appears to be making a (rather erroneous) statement that he has no investment in the EIB(I). Through his investment with EMFI he in fact does have his own personal money invested in the EIB, and therefore his claim of having "zero EIB shares" is false. Was my post that hard to understand? Perhaps DS can explain it to you when he wakes up.
Obaspacula	Posted - 2006.08.20 08:07:00 - [133] Edited by: Obaspacula on 20/08/2006 08:10:53 Originally by: Semblence Wallet screenshots, for comparison: 670 billion isk and another scammer http://upload.0x1011.org/files/walletbig.jpg Style over substance...? Style every time, if you get style and substance.. well then you would be a god. Its a large number but it feels like a gorilla took it by force.
Ezoran DuBlaidd Minmatar	Posted - 2006.08.20 08:46:00 - [134] Originally by: Dentara Rast It wasnt going to be a scam until all that heat came.... which incidently your started... Thanks anyways Currin, you helped me make the decision. And just a correction on my part. EIB was not the scam. I scammed the EIB and the public. Im just a pirate at heart ] and you died of a heart attack. and you're going to prison shortly. anything else to add to the laundry list of out and out "truths" you keep spewing out?
Ferrosa Gallente Lyonesse Inc.	Posted - 2006.08.20 09:09:00 - [135] Originally by: Semblence Wallet screenshots, for comparison: 670 billion isk and another scammer http://upload.0x1011.org/files/walletbig.jpg Style over substance...? Wow, how can u afford that very nice megathron... Oh, wait Official broker at the EvE Galactic Stock Exchange
maGz The Priory	Posted - 2006.08.20 09:41:00 - [136] Originally by: Jenny Spitfire Big scam but somehow didnt feel stylish. May be because all were done in alts. IMHO the scam feels more of an attention scam. Just my 10 ISKs though. QFT. This could have been sooo cool, but turned out to be sooo lame because of the attention-whoring ________________ The Priory Killboard
Gaius Sejanus Gallente Federal Navy Academy	Posted - 2006.08.20 09:44:00 - [137] Quote: Through his investment with EMFI he in fact does have his own personal money invested in the EIB, No, he has his money invested in EMFI. Quote: and therefore his claim of having "zero EIB shares" is false. Your definition of owning a share could stand some revision. EMFI works just like a mutual fund in the real world. Investing in a mutual fund does not give you stock ownership. You do not, for example, have the right to vote with your stock because you DO NOT OWN ANY STOCK.
Tyrrax Thorrk Amarr Umbra Congregatio Interstellar Alcohol Conglomerate	Posted - 2006.08.20 09:53:00 - [138] Funny stuff But yea, 790 billion ISK is a lot, but somehow i don't find it all that interesting, none of the style of GH-SC, none of the storytelling of morbor or currin, none of the originality of morbor (not that there was much of it there either).. All we're really left with of interest is that Dark Shikari sure shat all over himself in this thread and that some unnamed rich people are less rich now. How about some names then Dentara ? cmon entertain the masses. http://eve.klaki.net/
Kieli Rast	Posted - 2006.08.20 10:09:00 - [139] bANZORED for 6 days and 20 hours for posting a link saying eve got owned... The ISD are powerful mkay? I
Kieli Rast	Posted - 2006.08.20 10:13:00 - [140] Originally by: Jenny Spitfire Big scam but somehow didnt feel stylish. May be because all were done in alts. IMHO the scam feels more of an attention scam. Just my 10 ISKs though. This scam didnt require style. Im 790b isk better off. ** Correction 789,900,000,000 isk better off My ships will have all the style they need All this scam needed was me posting a video. A real video of me looking into everyones eyes laughing at you all. Pure sexeh.
IDesert FoxI	Posted - 2006.08.20 10:16:00 - [141] Currin, you have made the market discussions area very interesting for the past few months. I did enjoy reading your tale of currin trading (nearly got me with that one ). I just can't help but wonder how much you had to do with this. I am sorry for those who lost money, and those who defended Cally. Im still yet to decide if Currin was warning of the bank or just attacking it

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2006.08.20 10:27:00 - [142] A lot of ISK indeed. That could get a lucky carebear a decent stack of Veldspar And off topic, does this mean that the old Frontier mission - 'Assassinate Dentara Rast' actually has some sort of link to the present time? - Linkage -SNIP- Assassinate Dentara Rast When: From late August 3250 (hit takes place early December) News: Frontier News (report on Tiliala Treaty talks at Exioce) Where: Anywhere BBS Message: Friends of the Valhallan Democratic Peace Party wish to arrange a prolonged holiday... Prerequisites: None? Reward: 50,000 Credits, a lot of adverse press and being the subject of a manhunt! There is a civil war taking place in the system of Tiliala (-4,-1), with the Dictator and leader of the Valhallan Democratic Peace Party, Augustus Checkin, being under threat from the Valhallan Liberation Front. 'Friends' of the ruling party put out a contract on the leader of the Valhallan Liberation Army (the armed wing of the VLF), Dentara Rast. Over the next few months, reports continue on the progress of the conflict, and it looks like there might be the possibility of a peace deal. One of the rebel leaders meets with an 'accident,' and Dentara Rast swears vengeance. Hostilities increase once more. By now, the Great Powers are taking an interest, in no small part due to the chance discovery of Tantalum (an exceptionally rare and valuable metal) on the planet. By the time that you have to carry out the contract, it is looking like there may be a peace deal on the table. Unlike other assassinations, you must destroy the ship Rast is travelling on before it hyperspaces. If you don't, she is assumed to have escaped - even if you blow the ship away after it emerges from hyperspace. You will fail the mission. In plot terms, I think the flight was supposed to be an internal one to the planet Democracy in the same system. Due to your actions, hostilities increase once more, with the rebels refusing to talk peace until the assassin (you) is brought to justice. You hit just about every one of the Journals, with your name, ship details and location being printed over the next few months. All of the authorities put out a contract on you, so you may want to sell your ship... While all of this dodging the authorities may become a little annoying, they eventually get sick of looking for you, and all claim credit for your death. You may find this news particularly amusing if you kept your ship, as you will still be alive! -SNIP- Elite(TM) 4TW! EVE-Files \| EVE-Search \| Monitor this Thread

Sir Juri Caldari Caldari Provisions	Posted - 2006.08.20 10:33:00 - [143] Originally by: IDesert FoxI Currin, you have made the market discussions area very interesting for the past few months. I did enjoy reading your tale of currin trading (nearly got me with that one ). I just can't help but wonder how much you had to do with this. I am sorry for those who lost money, and those who defended Cally. Im still yet to decide if Currin was warning of the bank or just attacking it Some ppl including Cally says its because of Currin and others the scam happen, but tbh thats lame and stupid of everyone to think. This was a scam he stole all the ISK and thats it. This was most likely planned from the begining and thanks to all the accusations he couldnt keep milking it as ppl would withdraw their investments to be on the safe side. And he perhaps didnt get enough new investments, that is essential in a pyramid scheme. So he he bailed took what he had and by dooing so pulled off the biggest heist in EVE right? So whatever/whoever Currin is and what his objectives and motivations are if EIB was legit it wouldnt matter how many accusations were floating around. I think Currin like Cally (perhaps same person?) both have a big ego and the EIB scam was bigger then the SVE one and Currin wanted to destroy his scam or take the glory for beeing the one discovering so he could get more attention then his own scam yielded. Bah doesnt matter, point is Cally created a scam and pulled it off, he didnt scam cause his feeling were hurt damn need to make a new sig...
Jenny Spitfire Caldari LoneStar Industries Veritas Immortalis	Posted - 2006.08.20 10:41:00 - [144] Edited by: Jenny Spitfire on 20/08/2006 10:43:01 Originally by: Sir Juri So whatever/whoever Currin is and what his objectives and motivations are if EIB was legit it wouldnt matter how many accusations were floating around. I think Currin like Cally (perhaps same person?) both have a big ego and the EIB scam was bigger then the SVE one and Currin wanted to destroy his scam or take the glory for beeing the one discovering so he could get more attention then his own scam yielded. Bah doesnt matter, point is Cally created a scam and pulled it off, he didnt scam cause his feeling were hurt I think Currin and Cally/Dentara are different person. Currin made a fuss because if Cally's scam happened, Currin's scam would be shadowed by Cally's. We think alike except for the same person part but who knows. >_< --------- In the blindness, a streak fiery thread violently cuts the horizon. Bleeding golden mists, engulfing the blindness from within. Burning the darkness. The touch of dawn.
Sir Juri Caldari Caldari Provisions	Posted - 2006.08.20 11:00:00 - [145] Originally by: Jenny Spitfire Edited by: Jenny Spitfire on 20/08/2006 10:43:01 Originally by: Sir Juri So whatever/whoever Currin is and what his objectives and motivations are if EIB was legit it wouldnt matter how many accusations were floating around. I think Currin like Cally (perhaps same person?) both have a big ego and the EIB scam was bigger then the SVE one and Currin wanted to destroy his scam or take the glory for beeing the one discovering so he could get more attention then his own scam yielded. Bah doesnt matter, point is Cally created a scam and pulled it off, he didnt scam cause his feeling were hurt I think Currin and Cally/Dentara are different person. Currin made a fuss because if Cally's scam happened, Currin's scam would be shadowed by Cally's. We think alike except for the same person part but who knows. >_< It was meant as a joke but again who knows damn need to make a new sig...
Itzena Amarr OtakuDyne Corporation	Posted - 2006.08.20 11:13:00 - [146] Originally by: Mecinia Lua While I recognize the constraints of the EULA, and agree to them. The fact is no EULA has ever withstood a court test in Europe or the United States. Wrong. -- I want my people to reclaim their rightful place in the galaxy... I want a rebirth of glory, a renaissance of power... I want us to be what we used to be.
dailyhazard Caldari Unauthorised.	Posted - 2006.08.20 11:22:00 - [147] Edited by: dailyhazard on 20/08/2006 11:22:48 this was pretty good work tbh. Woot for never running out of isk, no matter what you do. :] ps: i am a dentara rast alt too
babyblue	Posted - 2006.08.20 11:44:00 - [148] As my corp currently holds 3% of EMFI shares, I would like an official statement from EMFI on how they intend to mitigate their exposure to this scam and also an explaination as to why their exposure is so large despite the HIGH risk nature of the investment, according to their latest balance sheet. I also want to know what procedures they are going to implement to help prevent this kind of thing happening in future. I still have confidence in EMFI, however with their shrinking portfolio I am wondering whether it is going to make more sense for me to invest in their blue chips directly, rather than expose myself to more scams like this in future. As for the scam itself, I have nothing but contempt for the perpitrator, given that much of the cash invested may well have been hard earned and quite possibly represents many months of effort from all of those players involved, my stake-by-proxy (EMFI) included. I also wish that some people would grow up a little and try to contribute more than just their ego to the discussion, the scammer included. We are trying to build something positive here (a viable stock market), so lets have some positive ideas on how to proceed in future. This game is not purely a shafting competition, despite what some people here seem to think.
Berrik Radhok GoonFleet GoonSwarm	Posted - 2006.08.20 12:00:00 - [149] Well done Dentara. With that much isk you could afford to buy a pretty nice house (though honestly if I were you I'd buy a big rack of T2 BPOs and live off the profits forever) Sig removed, inappropriate content - Cortes
Ferrosa Gallente Lyonesse Inc.	Posted - 2006.08.20 12:07:00 - [150] I've found on some websites that people are selling 1B isk for 160 $ ... That gives Dentara: 780160$ = 124800 $ to spend. nice way to make a living, how much time did he put into it? I'll leave it to you guys to calculate how much he makes a month then Everyone grasping the seriousness of the situation here, and how not cool* this scam is. I have totally no respect for him, and I would love it when CCP makes his ban even longer Official broker at the EvE Galactic Stock Exchange

Pages: 1 2 3 4 [5] 6 7 8 9 10 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.