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[RHCRP] Bond Update [Nov 24]

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Riethe	Posted - 2007.11.24 09:27:00 - [1] [RHCRP] Bond Update [Nov 24] Hello everyone. I am posting to announce the great success of the business model thus far, and to inform everyone that the RHCRP Expansion has been completed. All shares have been accounted for. You can find the expansion thread here: http://oldforums.eveonline.com/?a=topic&threadID=638147 RHCRP was first announced to the public on September 23rd. Since then, the venture has grown rapidly and shown amazing profits. In all of my time playing eve, I've never seen so much potential profit. This is only made possible by the plethora of investors that have placed their money and trust in me. So it would come as no surprise, as the venture found more and more profit, an expansion was issued. Investors from the initial offering were allowed first pick at these shares, and then a public offering was made to any investors on the market. This has allowed the business to grow to a much larger size, for bigger purchases and returns on investments. This also did not happen without thorough discourse amongst investors and a final vote to increase shares, which was entirely on the part of investors. It was almost unanimously decided to increase the share count (some 8% voted against the increase.) I did not use my shares to vote, it was entirely up to investors. Right now, RHCRP (the holding corp) has 21,000 shares created. Not all of these shares have been accounted for. The plan of the expansion was to allow for a progressive introduction of more and more shares to allow for the business to eventually balance itself out at a "ceiling" point. I soon realized, that because of the way this venture is designed, there is no ceiling point. I allowed for additional investments to be placed beyond the availability of shares. As concern began to rise about receiving shares, I offered a "buyback" on recent share purchases in the event any invests weren't "satisfied." This of course was a terrible lie. The business plan of RHCRP allows for endless funding from investors. It works in a very simple manner: You purchase shares, and I purchase various toys for myself and stop running missions and ratting because those things are terribly boring. Thanks everyone for making this a huge success, I look forward to seeing you in game. Best regards, Riethe
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 09:30:00 - [2] Wha? You oversold but its okay? Im so confuzzled your buying toys..
Ambo 2nd Outcasters	Posted - 2007.11.24 09:36:00 - [3] Edited by: Ambo on 24/11/2007 09:43:45 Arse, I had begun to assume this was the case. Classic 'give a nice convincer and then reel in the big fish'. Glad I didn't invest too much as I was considering more, the only thing that kept me from doing so was the payout of only one dividend so far and the fact that no shares had been issued for ages. I'm saddend to see this happen but we were overdue for one. Lame that this is the way of things really. Edit: also just remembered the convo I had with you in-game. I suspect you were having that same conversation a lot... It struck me as very odd that your expansion expectations of 10 bil had not already been filled given the previous success and it also seemed odd that you were happily saying you would pay dividends on shares bought just a few weeks before the payout date. All in all it just didn't add up but we gave you the benefit of the doubt, congrats for being a total bastard. I think you must have quite a haul. Probably in the 20-25 bil range I'd guess. Care to give an exact figure for the history books?
Fabrica	Posted - 2007.11.24 10:00:00 - [4] Originally by: Riethe [RHCRP] Bond Update [Nov 24] Hello everyone. I am posting to announce the great success of the business model thus far, and to inform everyone that the RHCRP Expansion has been completed. All shares have been accounted for. snip Right now, RHCRP (the holding corp) has 21,000 shares created. Not all of these shares have been accounted for. snip I soon realized, that because of the way this venture is designed, there is no ceiling point. I allowed for additional investments to be placed beyond the availability of shares. As concern began to rise about receiving shares, I offered a "buyback" on recent share purchases in the event any invests weren't "satisfied." This of course was a terrible lie. The business plan of RHCRP allows for endless funding from investors. It works in a very simple manner: You purchase shares, and I purchase various toys for myself and stop running missions and ratting because those things are terribly boring. I think this needs a little clarification, So have all the shares been sold or not? Is it a terrible lie that "you offered to buyback shares" or its a terrible lie that people weren't satified? And finally, am i mistaken? are you running a buisness in the interest of investors, or you're using the money to buy yourself stuff so you dont have to run missions etc?
Taryn Ceridwen Un4seen Development	Posted - 2007.11.24 10:12:00 - [5] Congratulations Riethe on scamming all your investors, your mother must be so proud of you! To be honest 21B is not that great a heist and I doubt you will enter the EVE Hall of Fame on the back of this venture. Enjoy your isk!
Riethe	Posted - 2007.11.24 10:45:00 - [6] Wallet Balance
Minerva Vulcan Caldari The Nexus Foundation	Posted - 2007.11.24 11:58:00 - [7] Haha... Well played. Meager investments from a lot of people pay off. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets.
Minerva Vulcan Caldari The Nexus Foundation	Posted - 2007.11.24 12:12:00 - [8] Originally by: Letias Wha? You oversold but its okay? Im so confuzzled your buying toys.. He's saying he's grateful to us for all the ISK, and now he's doing a runner. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets.
Kazuo Ishiguro House of Marbles Zzz	Posted - 2007.11.24 13:07:00 - [9] To be fair, it's one of the more cryptic scam announcements I've seen lately... My research services Spreadsheets: Top speed calculation - Halo Implant stats
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 13:45:00 - [10] We had our reservations when he expanded. These things happen. To Riethe I hope it was worth it, I won't waste my time saying anything else to you. Need Empire Research Slots. Click here

Robacz Essence Trade Essence Enterprises	Posted - 2007.11.24 13:53:00 - [11] Originally by: Riethe Wallet Balance Heh 43B. How long it took since the start? (searching) Two months it seems - 21.5B per month, not bad. Looks like scam is still easiest way to make money in EVE.
Riethe	Posted - 2007.11.24 14:01:00 - [12] Originally by: Ricdic We had our reservations when he expanded. These things happen. To Riethe I hope it was worth it, I won't waste my time saying anything else to you. You're the biggest tool around here. Of course you won't waste your time saying anything else. Just like you waste no time making decisions on investments. Originally by: Ricdic in game convo [ 2007.11.17 00:12:46 ] EBANK Ricdic > hey [ 2007.11.17 00:12:51 ] Riethe > How goes? [ 2007.11.17 00:12:58 ] EBANK Ricdic > not too bad :D [ 2007.11.17 00:13:04 ] EBANK Ricdic > so, what do you do in-game [ 2007.11.17 00:13:10 ] EBANK Ricdic > to make that 22% return? [ 2007.11.17 00:13:13 ] Riethe > On Riethe? or in general? [ 2007.11.17 00:13:14 ] EBANK Ricdic > and is this a scam :D [ 2007.11.17 00:13:21 ] EBANK Ricdic > well your venture [ 2007.11.17 00:13:49 ] Riethe > Is this a scam? well that's not the friendliest question i've heard. If you're genuinely asking me, though, no, it's not [ 2007.11.17 00:14:08 ] EBANK Ricdic > I am trying to justify EBANK taking a sizable investment [ 2007.11.17 00:14:12 ] Riethe > Riethe is my face, communications, interactions, nothing more. [ 2007.11.17 00:14:21 ] EBANK Ricdic > please don't take offence :) [ 2007.11.17 00:14:49 ] Riethe > I take no offense, although it is a rather confrontational question to present, i'm sure you understand that [ 2007.11.17 00:14:50 ] EBANK Ricdic > I can't relally think of what to ask you [ 2007.11.17 00:15:05 ] EBANK Ricdic > yup, better than beting around the bush :) [ 2007.11.17 00:15:09 ] EBANK Ricdic > *beating [ 2007.11.17 00:15:29 ] EBANK Ricdic > ok you have sold me [ 2007.11.17 00:15:32 ] EBANK Ricdic > how many you have left? [ 2007.11.17 00:17:44 ] Riethe > Well, "left" is subjective. There are reservations that have not been filled. Total un-claimed shares, all encompassing, is about 13000. A few investors have suggested interested in making a large purchase, but it's so ambiguous that i'm not sure. [ 2007.11.17 00:18:38 ] Riethe > When you initially asked me, as i told you before, it was around 5000 (of the 10000). however through my discussions, some of these reservations have been postponed as a lack of current available liquid assets to make the purchase [ 2007.11.17 00:18:51 ] EBANK Ricdic > understood [ 2007.11.17 00:18:53 ] EBANK Ricdic > it happens [ 2007.11.17 00:19:07 ] EBANK Ricdic > ok well EBANK will take 2.5b worth now [ 2007.11.17 00:19:15 ] EBANK Ricdic > if that's ok :) [ 2007.11.17 00:19:58 ] Riethe > That is perfectly acceptable. I place no limitations on purchases as I feel if i were investing myself, I would not want to feel restrained by arbitrary limitations [ 2007.11.17 00:20:21 ] Riethe > I feel it's entirely up to an investor to set their own limitations based on their own gut feeling [ 2007.11.17 00:20:42 ] EBANK Ricdic > ok well my gut says you are AOK [ 2007.11.17 00:20:55 ] Riethe > Well i definitely appreciate the way your gut regards me ) [ 2007.11.17 00:20:56 ] EBANK Ricdic > and my gut hasn't been wrong for a long time : [ 2007.11.17 00:20:59 ] EBANK Ricdic > so don't screw it up :D [ 2007.11.17 00:21:20 ] EBANK Ricdic > or else the board won't trust me to make these big decisions any more lol Is this really the person you'd like to have throwing around all your money? Trust? You trust this? Clearly the foundation and discipline of a market guru. Oh, and "Ricdic," the moment you reply to this you're wasting your time. Consider that. Happy thoughts.
Fitz VonHeise The New Order. United Connection's	Posted - 2007.11.24 14:01:00 - [13] If anyone knows who his alts are post them here.
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 14:07:00 - [14] And my gut was wrong. What's your point? Need Empire Research Slots. Click here
JadeMako	Posted - 2007.11.24 14:18:00 - [15] Edited by: JadeMako on 24/11/2007 14:19:24 Heh, Well played Riethe, thats my first burn on these markets so you have that at least. and after our conversation i'd say you are actually not that bad a guy or a really good actor, it certainly made me feel safer. I'm surprised you didn't keep it going longer - another few big dividends and you would have had people killing their own mothers to get your shares, then again why be greedy. You certainly have a nice wallet balance now. Speaking of which I have recently discovered a huge potential profit making scheme myself and if you would like to get guaranteed returns of 22.8% on that 40bill or so just wire me the isk and i'll cut you in. a paltry bill or so should cover things to get started. I eagerly anticipate your investment. And kudos to the player who called for less irrational exuberance! Regards (no longer 'kind' nor 'best') JadeMako
Shar Tegral	Posted - 2007.11.24 14:26:00 - [16] Originally by: Riethe You're the biggest tool around here. Of course you won't waste your time saying anything else. Just like you waste no time making decisions on investments. Is this really the person you'd like to have throwing around all your money? Trust? You trust this? Clearly the foundation and discipline of a market guru. Everyone bites something foul sooner or later. As for Ebank, meh. Ricdic didn't seek BoD approval on this one, he gets to pay it out of his own pocket. >shrugs< And congrats! You exemplify everything I tell people to avoid. Sadly they don't listen, thus allowing low life's like you to gain, but one does hope Darwinism will have some influence. Taikun's Lost Bet
Shar Tegral	Posted - 2007.11.24 14:32:00 - [17] Originally by: Shar Tegral Everyone bites something foul sooner or later. As for Ebank, meh. Ricdic didn't seek BoD approval on this one, he gets to pay it out of his own pocket. >shrugs< Seems I was wrong... he did seek out BoD and even got a nod from me. Basically, "if you feel this is wise, go ahead." So... color me embarrassed. (He's still paying for this oops out of his pocket though.) Taikun's Lost Bet
Shin Ra Origin Unknown.	Posted - 2007.11.24 14:35:00 - [18] Edited by: Shin Ra on 24/11/2007 14:36:04 Damn, I missed this one. With hindsight on my side, I do find it amazing people actually invested in this. I hope nobody got burned too badly. /wondering if now is a bad time to launch my ipo
Riethe	Posted - 2007.11.24 14:39:00 - [19] Originally by: Fitz VonHeise If anyone knows who his alts are post them here. I'll get you started: Axvancry Gore Already having him deleted, though, so good luck with that. Originally by: JadeMako ... lots of words ... I would take you up on your offer, however I have not forgotten that you will be away for 3 months. How could I possibly see any returns if you're unable to log in!! Originally by: Shar Tegral And congrats! You exemplify everything I tell people to avoid. Sadly they don't listen, thus allowing low life's like you to gain, but one does hope Darwinism will have some influence. This is not a first time for me. Nor my last. And I'd like to point out to you, that you really have no right to call me a "low life." In fact, I quite favor my life. And I'm sure you do as well (favor your life, that is.) My decisions and methods to earn currency in a game that you and I both share interest in does not set me apart from you. I've followed the EULA the same as you have, and have not broken any rules that I am aware of. Perhaps it is a matter of jealousy that you're unable to construct business plans that are as lucrative as mine. And regardless of whether or not ricdic got the go-ahead from all of his colleagues, if you follow the chat log (and I'm sure ricdic would have no problem confirming its legitimacy) you can see that his decision, in that context, wasn't very well thought out. I would expect that someone so worshiped and full of himself as he is, would at least have the capacity to ask a few questions. I was in the middle of writing some random response to him when he said he was sold on it. I just find that to be so absurd on his part. That just seems really silly on his part. Something to ponder
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 14:42:00 - [20] Originally by: Riethe This is not a first time for me. Nor my last. Care to tell which other IPO's were yours? Proud nublet of more public ISK than * CAP4U - The Plan

Shar Tegral	Posted - 2007.11.24 14:44:00 - [21] Originally by: Riethe I've followed the EULA the same as you have, and have not broken any rules that I am aware of. Perhaps it is a matter of jealousy that you're unable to construct business plans that are as lucrative as mine. Jealous would not be the word, adverse is. It isn't that hard to construct a good scam. It just takes repeated attempts and persistence and a fair bit of luck. Timing also helps. But as to constructing a business plan based on fraud... averse is the correct word. Taikun's Lost Bet
Riethe	Posted - 2007.11.24 14:50:00 - [22] Originally by: Shar Tegral Jealous would not be the word, adverse is. It isn't that hard to construct a good scam. It just takes repeated attempts and persistence and a fair bit of luck. Timing also helps. But as to constructing a business plan based on fraud... averse is the correct word. Would you not say that all of the factors you listed as requirements for a successful scam, are also requirements for a successful, entirely legitimate business? You see, you and I are no different. The only thing that truly sets us apart is you bring your morals into a virtual world that doesn't care about morals. I've simply applied that toward my benefit.
Calgorac The Arrow Project Morsus Mihi	Posted - 2007.11.24 15:03:00 - [23] Originally by: Riethe Wallet Balance post your api key or Shut up... so you stole 20+ billion from your investors big deal. if you want us to believe you somehow stole 40 post the api and still Bid deal. "oh, wow im a worthless piece of crap scammer" - Riethe Latest News
Digital Nightfall	Posted - 2007.11.24 15:08:00 - [24] Edited by: Digital Nightfall on 24/11/2007 15:11:53 Originally by: Riethe Originally by: Shar Tegral Jealous would not be the word, adverse is. It isn't that hard to construct a good scam. It just takes repeated attempts and persistence and a fair bit of luck. Timing also helps. But as to constructing a business plan based on fraud... averse is the correct word. Would you not say that all of the factors you listed as requirements for a successful scam, are also requirements for a successful, entirely legitimate business? You see, you and I are no different. The only thing that truly sets us apart is you bring your morals into a virtual world that doesn't care about morals. I've simply applied that toward my benefit. Any environment with social interaction has to aply a social codec or a sense of morality if you like. Unless you truely believe that every mmo is void of friendships, respect, and simply dog-eat-dog through and through. You are full of ill-thought-through understanding of what virtual reality as it pertains to the mmo community is. And what you did was just as wrong as lifting someone elses property irl, when it comes down to the basics. I repeat, the only reason you can delude yourself from that fact, is the lack of repercussion and consequence in Eve for doing what you have done. And that coupled with a weak backbone can and does indeed produce the pocket philosphy you spouted above. Edit: I know Im wasting my time, there is no delusion here as to your capacity for owning what you did in any negative light. I did not invest with you, thank god, I have my isk locked up with some of the rare good IPOs, and after reading your old sales thread, I believe I am unable to truely dissect wether someone is going to scam based solely on their forum posting. I will stick with my current IPOs and stay well away from any new IPOs. Like Riethe said, he didnt do anything wrong, and its not like it hurts EVE in any way right?
SonOfAGhost Minmatar Munitions and Tactical Assets Repository Zzz	Posted - 2007.11.24 15:10:00 - [25] Originally by: Shin Ra Damn, I missed this one. With hindsight on my side, I do find it amazing people actually invested in this. I hope nobody got burned too badly. Well, hopefully this wil encourage some individuals to stop beating the drum for higher and higher returns on investments. 18 months ago most things on the exchange were trading at values such that a 2% monthly return was the norm. Let's get away from bonds, gauranteed minimum dividends on stocks and complaining 8% isn't enough to get funding anymore and back to real value. And no, I wasn't invested in this one. Who needs the Nikkei when there's EBay? Lag? GTFOOJ!
Baron Zinq	Posted - 2007.11.24 15:15:00 - [26] Your character may be worth many billions, but as a person behind the character I rate you as worthless.
rtbzneeezz	Posted - 2007.11.24 15:29:00 - [27] I only invest what I can lose and would only keep laughing if every single investment turned scam. Riethe choosing acura for a business alt was the smallest of the many signs. The fact that Riethe Reithe Rief Reif and a few other variations of his name existed were not accidents either. I hope my donation will serve him well. Am I the only one who invested knowing this was fishy?
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 16:02:00 - [28] Originally by: Minerva Vulcan Originally by: Letias Wha? You oversold but its okay? Im so confuzzled your buying toys.. He's saying he's grateful to us for all the ISK, and now he's doing a runner. O, Lol, Bugger
Shadarle	Posted - 2007.11.24 16:04:00 - [29] Heh, I saw this one coming right away. I said as much in his initial thread. Decided to get him a chance since people seemed happy with it after a month. Figured if he wanted to scam he'd keep it going for 3-4 more months and get a truly large sum invested, 100b+. Guess Riethe was quite blinded by a mere 40b to realize he could have actually gotten a lot of money if he tried. 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. Tanking Setups Compared Stacking Penalty / Resists Explained
Shadarle	Posted - 2007.11.24 16:12:00 - [30] Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. Tanking Setups Compared Stacking Penalty / Resists Explained

LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 16:15:00 - [31] Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. For any mortal person, 40bill is alot. I know i wouldnt mind 40bill. And it would take me at least 20 months to make that kind of isk with CAP4U. Leave alone if i only had 1bill isk as a starting ground. Proud nublet of more public ISK than * CAP4U - The Plan
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.24 17:37:00 - [32] Amusing really. Even after I pointed out the maths of how his numbers of shares sold didn't add up (which he never replied to) people kept sending him more ISK. I never called it as a scam - as I wasn't sure that it was one. His change in comments about the 7k unreleased shares (they went from "will be released very slowly" to "they probably won't be released till after next dividend") suggested that maybe he was just selling the lot now - which, while unethical, wouldn't be a scam. People just saw the 15% per month and lost all their common-sense. Noone cared that there were no accounts for the single dividend paid, no real business plan and no proper definition of how surplus profits over 15% were divided. Hopefully some useful lessons will be drawn from this - but I somehow doubt it.
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 17:38:00 - [33] Originally by: FastLearner Amusing really. Even after I pointed out the maths of how his numbers of shares sold didn't add up (which he never replied to) people kept sending him more ISK. I never called it as a scam - as I wasn't sure that it was one. His change in comments about the 7k unreleased shares (they went from "will be released very slowly" to "they probably won't be released till after next dividend") suggested that maybe he was just selling the lot now - which, while unethical, wouldn't be a scam. People just saw the 15% per month and lost all their common-sense. Noone cared that there were no accounts for the single dividend paid, no real business plan and no proper definition of how surplus profits over 15% were divided. Hopefully some useful lessons will be drawn from this - but I somehow doubt it. How ironic. Isnt this kinda the same effect with Wylker? He promised 15%+ didivdends. And everybody went nuts. Proud nublet of more public ISK than * CAP4U - The Plan
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.24 17:38:00 - [34] Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy.
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.24 17:44:00 - [35] Originally by: LaVista Vista Originally by: FastLearner Amusing really. Even after I pointed out the maths of how his numbers of shares sold didn't add up (which he never replied to) people kept sending him more ISK. I never called it as a scam - as I wasn't sure that it was one. His change in comments about the 7k unreleased shares (they went from "will be released very slowly" to "they probably won't be released till after next dividend") suggested that maybe he was just selling the lot now - which, while unethical, wouldn't be a scam. People just saw the 15% per month and lost all their common-sense. Noone cared that there were no accounts for the single dividend paid, no real business plan and no proper definition of how surplus profits over 15% were divided. Hopefully some useful lessons will be drawn from this - but I somehow doubt it. How ironic. Isnt this kinda the same effect with Wylker? He promised 15%+ didivdends. And everybody went nuts. Yep. We had a chat about Riethe's IPO in RESX channel last week. I said, amongst other things, that I'd have been far more tempted to invest had be been offering 10% than 15%. There was no reason for a GENUINE IPO to offer 15% - it could get it's funds at 10%. Offering 15% showed a degree of desperation to get ISK which concerned me. Add to that the obviously flaky maths on number of shares sold and no way I was touching it without some very clear answers. Riethe's IPO also broke another rule I have about investments - I won't generally touch a decent sized IPO unless whoever's running it has already acquired substantial, solid, assets of their own.
Fader Bane Black Knight Buccaneers Daisho Syndicate	Posted - 2007.11.24 17:48:00 - [36] ah well. ________________________________________
Kitex Blacktag Test Labs	Posted - 2007.11.24 20:12:00 - [37] Originally by: LaVista Vista How ironic. Isnt this kinda the same effect with Wylker? He promised 15%+ didivdends. And everybody went nuts. Guilty. But I actually credit Wylker, in part, with making me a more careful investor. Lessons learned from PSI, among other warning signs, helped steer me away from this one. Originally by: FastLearner Even after I pointed out the maths of how his numbers of shares sold didn't add up (which he never replied to) people kept sending him more ISK. I saw that post, and did the math myself to confirm it. I wasn't really an interested investor anyway, but that set off the alarm bells for me. It is a shame this actually did turn scam, and I sympathize with any investors. But it was avoidable by maintaining a reasonable minimum standard of investment. This didn't meet mine, but neither did PSI, which is why I can't cry too loudly if that doesn't turn out well. Gone are the days I'll consider investing in someone I haven't previously heard of. As for the scam announcement, and the scale of the scam itself: lackluster, and very forgettable. Reithe who? Blacktag - Buy ships / Fittings / Drones / Ammo in BULK with Delivery!
Hexxx Minmatar	Posted - 2007.11.24 21:29:00 - [38] There is alot of value here; we have a very good case study here for what a scam may look like in the future. Although the value scammed is relatively small (historically speaking and compared against the market as a whole) the value coming out of this are the lessons learned. EBANK will likely internally document this quite a bit. As others have said, while this is noteworthy...it is not significant in the context of the market historically. It's only significance is that it was well put together. In terms of my own culpability....I took a hard line with Riethe and tried to force his hand into public disclosure when he expanded his bonds. I ended up talking to him personally and thought I might have judged him well (from conversation, i still didn't like his "plan"), I passed this advice along to Ricdic from there. Honestly, the entire experience has left me more determined to drive a centralized regulatory entity into the mainstream. Self-regulation is alright...but my opinion has always been towards central regulation. Hopefully this will serve to advance my agenda if nothing else. Consulting, IPO Template, and Stock/Bond definitions.
rtbzneeezz	Posted - 2007.11.24 21:36:00 - [39] The most scammed was from people that obviously were new or didn't even read the forums.
JadeMako	Posted - 2007.11.24 22:26:00 - [40] Well I'm putting my hand up as someone new, and with our perfect 20/20 hindsight I too agree that the signs were there. I wonder how long it will be before another similar scam can be perpetrated (sp?). Not sure why but I let him talk me into upping my original (max commitment!) by 50%, but its not the end of the world either and it IS a good lesson, to me at least. As Riethe knows I'm off to see my sister far away for a long while, the isk he stole was destined for her, to help baby orphans after her wedding or some such thing I believe. TBQH I don't fault him at all for what he did, ultimately it was my decision to invest and as said, the signs were there but with the promise of high returns I fell for them. With his 'personal desire' to communicate with each shareholder I even felt somewhat placated when any fears arose, so it was quite well done but I feel he was having personal problems in keeping it going - would you care to confirm this Reithe? You could have walked away with more. I tracked him originally and he was in 0.0 so I thought he had contacts in an alliance and supplying the war was funding his profits. My original plan was to watch him and get in on the trading he claimed he was doing. Should have stuck to the original plan :) In Eve reputation is everything but alts make this a joke. Anyway Reithe, my business plan is so good I need not be around for it to show high returns (28.8%). You ought to get in on it. Call NOW!!

Eraggan Sadarr Phoenix Tribe	Posted - 2007.11.24 22:29:00 - [41] Well, I feel quite stupid But i guess there were lot of warnings from other players. Tough lesson learned. Mostly because i don't have that much time to play, and it simply took me months to gather the 500 mill isk I lost. Which in turn was why i jumped in with both legs. The worst was actually that i convinced a friend to invest... sorry Eve Market Scanner
Shadarle	Posted - 2007.11.24 22:35:00 - [42] Originally by: FastLearner Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy. Exactly. He obviously didn't want to put forth the effort to really pull off a big scam. If he had started posting regularly and been paying out over his 15% min each month he'd have gotten a lot more people roped in. Now though I think we will all be suspicious of anyone paying out very high amounts and wanting to expand before they've even payed out a tiny fraction of their total. But I have a feeling people will still jump in on any good investments that pop-up and 90% will work out fine, some will turn out to be scams. All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more. Tanking Setups Compared Stacking Penalty / Resists Explained
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.24 22:39:00 - [43] Originally by: Shadarle Originally by: FastLearner Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy. Exactly. He obviously didn't want to put forth the effort to really pull off a big scam. If he had started posting regularly and been paying out over his 15% min each month he'd have gotten a lot more people roped in. Now though I think we will all be suspicious of anyone paying out very high amounts and wanting to expand before they've even payed out a tiny fraction of their total. But I have a feeling people will still jump in on any good investments that pop-up and 90% will work out fine, some will turn out to be scams. All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more. I agree, he could have got more isk out of people. But still.. 40bill is ALOT of money for most people. Its about 1333 hours worth of 0.0 ratting. Proud nublet of more public ISK than * CAP4U - The Plan
Shadarle	Posted - 2007.11.24 23:05:00 - [44] Originally by: LaVista Vista I agree, he could have got more isk out of people. But still.. 40bill is ALOT of money for most people. Its about 1333 hours worth of 0.0 ratting. A very good reason not to waste time ratting, not nearly profitable enough. Tanking Setups Compared Stacking Penalty / Resists Explained
JadeMako	Posted - 2007.11.24 23:13:00 - [45] Edited by: JadeMako on 24/11/2007 23:15:47 Originally by: Shadarle Originally by: FastLearner Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more. Thats the real shame. Reithe had a go at Ricdic on the first page but he has just made it easier for Ricdic to get financing and harder for everyone else. And people like yourself, Ricdic and the 10 or so other players on this forum who can quite easily lose multiple billions without needing a good lie down... well you won't even break a sweat from this scam. Smaller investors will now forever stay away from a side of Eve that needs some more participation and development, and a side that could reap future scammers a great wealth [EDIT] 1: I realised that makes it sound like i might scam at some stage - this is my only character, I won't. 2: I don't why why my writing is small
Shar Tegral	Posted - 2007.11.24 23:32:00 - [46] Originally by: JadeMako 2: I don't why why my writing is small Not enough end quote's. Taikun's Lost Bet
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2007.11.24 23:34:00 - [47] Originally by: JadeMako With his 'personal desire' to communicate with each shareholder I even felt somewhat placated when any fears arose For myself, anytime this need of an CEO of an IPO wants to communicate in private, always sets off my alarm bells. What is it they want to say to me that cant be said to all the others who have similar fears? To me wishing to keep all communications out of the public spotlight is such huge indicator that something needs to be hidden. It also leads me to believe that what will be said to me in private, will not be consistant with what is said to others in private. I'm not faulting you JadeMako, it is easy to be lulled into a false sense of security by a smooth tounged devil that tell you what you want to hear. --
Riethe	Posted - 2007.11.24 23:35:00 - [48] Long day for me guys, catching up with everything right now. For everyone who thinks somehow telling me how much 43 billion ISK is not worth, what exactly are you attempting to achieve? Am I some how going to realize that all this money is suddenly worth nothing because my scam was not the same size as the big bank scam? And be honest with yourselves here, if this collective 43 billion from this run is so lacking in value, why are you making note of it here? Why post if it's -so- worthless to you. How's your wallet looking? Why do you even CARE for your investment? Clearly everyone on this board has multiple hundreds of billions just sitting around. For the people that are claiming this haul wasn't "a lot," tell me what scale we use to determine this, and let me know how your personal wallet is doing. Once again, I can run an endless amount of scams by keeping a cycle of rather interesting characters building, and introduce them to you when I feel the time is right. This doesn't just stop here. For those wondering why I didn't try to push this one out a bit further: I think we're at a point right now, based on recent discussions, that a lot of the big names can really sway public opinion, even accidentally. And considering some of the big wigs right now have this whole thing going on about how much ISK you can really trust with one person, I didn't want to push my limits, issue out more dividends, and risk dropping lower than I had reached by overselling. And finally: The very first time I offered my expansion, hexxx contacted me with a very confrontational email, and made reference to my scam being a ponzi scheme. Ricdic did the same, just moments later. They claimed that "lots of people" or a bunch of people, had contacted them, being concerned about the bond. Now, I have my reservations about how many people that really was (I'm thinking in a range of 0-1, but it makes no difference) but it did draw their attention. And Because of the way this has been laid out from the beginning, I wasn't really sure what direction I could push to ask for even more ISK, a third time, without waiting 3-4 months, and taking a big risk. Hasn't been proof-read, hope that's okay with everyone.
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.24 23:39:00 - [49] Originally by: Shadarle Originally by: FastLearner Originally by: Shadarle Originally by: LaVista Vista Originally by: Shadarle 40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better. 40bill is still a considerable amount. Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil. Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy. Exactly. He obviously didn't want to put forth the effort to really pull off a big scam. If he had started posting regularly and been paying out over his 15% min each month he'd have gotten a lot more people roped in. Now though I think we will all be suspicious of anyone paying out very high amounts and wanting to expand before they've even payed out a tiny fraction of their total. But I have a feeling people will still jump in on any good investments that pop-up and 90% will work out fine, some will turn out to be scams. All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more. What amazes me is that, once he saw it was easy to scam, he didn't take more. let's face it, his conversation with Ricdics, cut short was: Ricdics: How are you making 22%? Riethe: ((doesn't answer)) Ricdics: Are you scamming? Riethe: No Ricdics: OK, you're sound - here's 2.5 billion. Only surprising thing is that noone else has bothered doing it.
Riethe	Posted - 2007.11.24 23:58:00 - [50] One more thing here real fast: Some of you guys are having a lot of trouble figuring all this stuff out, and that's okay, because I'm confused by some of the stuff you've said as well. In case there is any confusion about this fact: RHCRP was planned a scam from the beginning. It was not on a whim. Oh, and the whole share availability (when I posted it) was genuine. It turned out that a few of the starting investors bailed on a huge reservation and it caused those numbers to change a lot. If you think your quick addition of a few forum posts solved the mystery, you might want to really try to get some perspective on that. Everyone is all up in here talking about how they knew something was going down but the thing is, a lot of you guys are missing really hard on some of this. And if it was so painfully obvious, it should have been your duty as "moral" citizens of our internet space ship game to remind everyone else that some people think outside of the box so watch out he's going to steal your ISK. But we shun that around here because it's the same thing as stealing someone's purse in real life. Someone open up the EULA and find the part where it says I can't do this.

Riethe	Posted - 2007.11.25 00:07:00 - [51] Dear Shadarle, I think you're just an absolute foul soul on these forums and you treat everyone in such a condescending, unfriendly manner. Nothing brings me more pleasure than being able to steal your personal ISK. You claim that you were able to place this investment because you didn't mind losing 1 billion ISK. As true as that may be, what you did lose, however, was the part of you that finally chose to commit to this investment. And I think considering your post history and your general behavioral patterns, this actually makes this loss a lot greater than you might be willing to admit to. You're so opinionated about how to do every flipping thing regarding the markets, yet you refuse to do anything yourself and actually prove to anyone you are capable of these things. You're such a fake individual with so many security issues that you mask it through your rough attitude on these forums and probably in game as well. I hope that suits you.
Shadarle	Posted - 2007.11.25 00:25:00 - [52] Originally by: Riethe Dear Shadarle, I think you're just an absolute foul soul on these forums and you treat everyone in such a condescending, unfriendly manner. Nothing brings me more pleasure than being able to steal your personal ISK. You claim that you were able to place this investment because you didn't mind losing 1 billion ISK. As true as that may be, what you did lose, however, was the part of you that finally chose to commit to this investment. And I think considering your post history and your general behavioral patterns, this actually makes this loss a lot greater than you might be willing to admit to. You're so opinionated about how to do every flipping thing regarding the markets, yet you refuse to do anything yourself and actually prove to anyone you are capable of these things. You're such a fake individual with so many security issues that you mask it through your rough attitude on these forums and probably in game as well. I hope that suits you. Couldn't have written a better self-portrait of myself if I tried! As to how my wallet is doing, your scam wasn't my biggest loss for the day. Having said that, it is still up over yesterday. I had a very good day I wrote off your scam and blue dice today for 1.6 billion isk. I lost another 2 billion on something else. I am up 1.3 billion after taking those losses into account. So overall I'm quite pleased that suffering the losses I did that I won't even notice it by looking at my daily profit spreadsheet. Starting an IPO myself right now would be a dis-service to any investors. I wouldn't be able to devote more than a few minutes per day to it. I am lucky to devote even 30 minutes to my own orders currently and can't currently use up all of my own isk. So there is absolutely no reason I should issue an IPO. I am quite glad you dedicated an entire post to me though. Shows that you have been greatly impacted by my posts. I am sorry that I could not show more annoyance or regret at your scam or the loss of my money. Perhaps next time you'll be smarter and pull off a truly impressive scam. Tanking Setups Compared Stacking Penalty / Resists Explained
Riethe	Posted - 2007.11.25 00:30:00 - [53] You and I share something in common. We lie a lot to random people. In your case, it makes you feel better about some lack of security somewhere up in that noggin of yours. In my case, It's my way of putting in that "30" minutes a day to earn more profits than you will ever see. And, I thought of all people, you deserved a special note, since I've never really been very fond of you through my reading on the forums. (long time lurker, you see.) I guess I was just hoping somehow you'd become a nice guy after I said that to you. But that's kind of like someone telling me what I just did is the same as stealing from orphans. Doesn't really affect me a whole lot. Fair enough Shadarle, carry on my sociopathic friend.
Meleil	Posted - 2007.11.25 00:30:00 - [54] You have to admit. Even with all your reservations and worries Riethe still got you guys good. Lets just not have a same repeat shall we? ~Mel
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 00:34:00 - [55] Originally by: FastLearner What amazes me is that, once he saw it was easy to scam, he didn't take more. let's face it, his conversation with Ricdics, cut short was: Ricdics: How are you making 22%? Riethe: ((doesn't answer)) Ricdics: Are you scamming? Riethe: No Ricdics: OK, you're sound - here's 2.5 billion. I don't want to get involved in this conversation but I will clear this up. I had about 4-5 preceeding conversations with Reithe over the days leading up to that day. I have provided those chat logs to the Board of Directors to show it wasn't just a 10 minute decision. Those logs show Reithe and I having a good chat, mulling over some ideas, ways to implement those, and just chatting in general. There are probably around 2-3 hours worth of chatting we racked up over that week. So he pulled scam. I can live with that. What irks me is how he really did seem like a mate in-game, not trying to push for money just chatting like I would to someone. But the whole turnaround with suddenly calling me a tool and his tone laced with such hate makes me feel sick to the stomach. Was I talking to him in game with the whole time him wishing this [insert expletitve] would just leave him alone? He makes his scams personal is the first hard part. The second is showing that those hours of talking and joking around were one sided. That's my problem. He took it to a whole new personal level. Unfortunately, that also probably would be the best way one could scam in this game. But it makes me question the other people around me wondering who I can trust compared to those I thought I could trust yesterday. So Riethe please leave the insults out and if you are going to post defamatory materials about me don't forget to mention the 5 other conversations we had. Need Empire Research Slots. Click here
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2007.11.25 00:36:00 - [56] Originally by: Riethe You and I share something in common. We lie a lot to random people. In your case, it makes you feel better about some lack of security somewhere up in that noggin of yours. In my case, It's my way of putting in that "30" minutes a day to earn more profits than you will ever see. And, I thought of all people, you deserved a special note, since I've never really been very fond of you through my reading on the forums. (long time lurker, you see.) I guess I was just hoping somehow you'd become a nice guy after I said that to you. But that's kind of like someone telling me what I just did is the same as stealing from orphans. Doesn't really affect me a whole lot. Fair enough Shadarle, carry on my sociopathic friend. I love mental masterbation like this, its good to see someone stroke their own ego. p.s. a word was misspelled on purpose --
Shadarle	Posted - 2007.11.25 00:45:00 - [57] Originally by: Riethe In my case, It's my way of putting in that "30" minutes a day to earn more profits than you will ever see. More profits than I will ever see? I think we both know that is a silly statement. I made more profits than you scammed in the time it took you to run this scam. And from Ricdic's last post it sure seems like you put a lot of effort into this as well. It would be rather pointless for me to lie about my profits. Though it is a bit amusing that we both take advantage of the stupidity of others, you through scamming and I through trading. You did a decent enough job with the scam, but you showed a severe lack of guts in cashing out so quickly instead of really going for broke. Perhaps if you had held out a bit longer you would have been able to out-do me. Better luck on your next try. Tanking Setups Compared Stacking Penalty / Resists Explained
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 00:49:00 - [58] Understood. Well I will leave now and let you get back to stroking your ego. Need Empire Research Slots. Click here
Shadarle	Posted - 2007.11.25 00:53:00 - [59] Originally by: FastLearner You did a decent job anyway - I just find it somewhat disappointing that you didn't get more: having made the decision to scam it's a pity you didn't really go for it and take a huge sum of ISK. I just hope if I ever scam I do a proper job of it: I've raised 100 billion running a legit business, so I'd hope that ruinning a scam (where I can promise whatever I want - never having to deliver on it) I could clean up at least 2-3 times that. I'll give you a B+ for planning, an A- for execution and a D for ambition. Exactly my thoughts on all this. I am actually disappointed in this scam, not because it happened, but because it lacked so much ambition or guts. Tanking Setups Compared Stacking Penalty / Resists Explained
Riethe	Posted - 2007.11.25 01:04:00 - [60] If you put the letters together that fastlearner used to grade my scam, it spells "BAD" Coincidence? I think not. It's really difficult to get this through to you fastlearner, because despite your name, you're not all that fast. I'll try my best here: first: Originally by: fastlearner What amazes me is that, once he saw it was easy to scam, he didn't take more. let's face it, his conversation with Ricdics, cut short was: Do you really think this is the key factor that made it obvious to me that it is easy to take advantage of people? I mean, come on. FastLearner, I've been around a lot longer than you realize. Although I don't know if it was you or someone else that said I'm clearly a proven liar, so everything I say is the opposite of the truth. In any case, if that is you, I don't suppose it makes sense for you to post here if I'm not "allowed" to respond because you can just nullify everything I say by calling me a liar. If that wasn't you, my mistake, I really just don't have the energy to go back and check. It's really difficult to push the boundaries beyond this. You have to really get yourself established for people to start trusting larger funds than this. Also, how convincing could I possibly be in saying I'm putting 60 billion ISK on the trading market for general goods? That would be a lot of work for one man to do, I personally find that to be a rather crazy claim for any individual to even attempt to make. The risk involved in pushing a 20% return on 15 billion ISK and hoping for more potential returns is far too high for my curiosity. These things compound themselves. I would very much like to see another 100+ billion ISK scam, done in one haul. The person most likely for achieving this is Ricdic.

FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.25 01:10:00 - [61] Originally by: Ricdic Originally by: FastLearner What amazes me is that, once he saw it was easy to scam, he didn't take more. let's face it, his conversation with Ricdics, cut short was: Ricdics: How are you making 22%? Riethe: ((doesn't answer)) Ricdics: Are you scamming? Riethe: No Ricdics: OK, you're sound - here's 2.5 billion. So he pulled scam. I can live with that. What irks me is how he really did seem like a mate in-game, not trying to push for money just chatting like I would to someone. What else would you expect him to do? If I were trying to scam someone I'm sure I'd suck up to them, compliment them on what they were doing etc. You don't criticise a mark. The conversation I referred to(the only one I have logs of) was notable for two facts: 1. You didn't know how he made his profit - and when he ignored the question yo udidn't press it. 2. You actually thought asking him if he was scamming would get a useful answer. I have no other logs to form an opinin from: but on the two points I raised: 1. If no answer on how the profits were obtained were given then I wouldn't invest. I wouldn't ask the question unless I wanted to know the answer. 2. The only convincing answers to "are you scamming" are going to come from scammers. Genuine players aren't prepared for the question. When I launched my own IPO i pretty much write this question off from the start - and told potential investors they had no way of knowing if I was scamming or not: because that's the truth. I'm pretty certain I could seem more genuine if I were willing to lie than I do when I restrain myself to the truth. I give credit to others that, given the latitude of being able to lie, they can also improve their credibility. I'd therefore NEVER ask someone if they were going to scam - as the answer could never improve my knowledge of their motivation. I think what some people fail to realise is that scamming isn't THAT much different to what most of us do when running businesses successfully. Most of my profits come from either buying things for less than than what they're "worth" or selling things for higher than what they're "worth". Just we don't go round telling people lies to their (in-game) faces whilst conducting our business. I pay depositors in Fury Bank 7.5% a month (roughly). Do I think that#s a fair rate of pay for their capital? Of course not: if it was a fair rate I wouldn't bother with it. I make way more than that (as do FH shareholders) - and I'm paying the minimum I think I need to pay to get the capital I'm after. Am I scamming them? No - as there's no deception over what they're going to get. But I'm equally taking advantage of them to make a profit. The Eve market-place is largely a zero-sum game: where for one person to make a profit, someone else has to make a loss. Riethe was just rather more blatant about that than most.
Shadarle	Posted - 2007.11.25 01:12:00 - [62] Originally by: Riethe Also, how convincing could I possibly be in saying I'm putting 60 billion ISK on the trading market for general goods? That would be a lot of work for one man to do, I personally find that to be a rather crazy claim for any individual to even attempt to make. ..... The person most likely for achieving this is Ricdic. The first point you make is a bit silly. Clearly it isn't too hard to use 60 billion isk as both FastLearner and I do it. I personally do not believe I am any god of trading, so if I can do it I am sure others can as well. You're just trying to make excuses for your own lack of ambition/guts now... you really don't have to prove yourself to FastLearner and I. Just be happy you got away with your little haul and go on your way. The second point, if Ricdic scammed and only got 100 bil I would be even more disappointed. He shouldn't sell out for less than 500 bil. Though I'd hope he'd go for a trillion just to set the standard high. Tanking Setups Compared Stacking Penalty / Resists Explained
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 01:16:00 - [63] Originally by: Riethe The person most likely for achieving this is Ricdic. Seems I forgot to cash out when I hit around 150b a week or so ago. Silly me! I actually play this game because I like this portion of the game. If I wanted a quick isk injection for a PvP habit I likely would have gotten it a long time ago. If I were to pull scam I don't know how much of the investment market would be left, I think it would cause a lot of people to leave the investment scene. Whilst it is a game and it is play money, I believe the relationships we forge in game are actually real. I am one of those people who tried pirating 1.5 years ago, and after killing a shuttle on a lowsec gate I felt like an ass and gave the guy 10x it's value back as an apology. I wasn't brought up to stab people in the back either in-game or in real life, and as such I can't personally comprehend how people can differentiate between the two. Either way, I could say the same about pirating and I would be wrong, it's just the light I see things in. Ok, so thanks for the 100b prediction, might need to up it to 200b though. 500? Need Empire Research Slots. Click here
Potsnack	Posted - 2007.11.25 01:19:00 - [64] Quote: Any environment with social interaction has to aply a social codec or a sense of morality if you like. Unless you truely believe that every mmo is void of friendships, respect, and simply dog-eat-dog through and through. You are full of ill-thought-through understanding of what virtual reality as it pertains to the mmo community is. And what you did was just as wrong as lifting someone elses property irl, when it comes down to the basics. I repeat, the only reason you can delude yourself from that fact, is the lack of repercussion and consequence in Eve for doing what you have done. And that coupled with a weak backbone can and does indeed produce the pocket philosphy you spouted above. Riethe. I've quoted what Nightfall said because it was so elequently put, and I didn't want it lost in all the other posts here. I didn't invest in you, but that was more luck than Judgement if I'm honest. You failed at Eve. You couldn't find any other way to succeed in a relatively simple game, so you picked the "easy" route. You are a bottom feeder sir, no matter how hard you try to disguise this fact to yourself. You now know there are no levels you as a person/character wont stoop too in a "virtual game", let alone real life, as you put it. I understand that this must be frustrating to you as others find it so easy to earn isk and maintain simple moral standards, yet you couldn't. I see how this must frustrate you so. If there was a cheat/trainer for Eve, like in Counterstrike for example, you wouldn't have even run this scam because with the aimbot loaded you would be top scorer already, and that would replace any skill you might need to win on your own merit. Scamming in Eve is akin to using an aimbot in Counterstrike, reserved for the skill-less and lazy. It doesn't change the fact though, that through your own inabilty to succeed in a fairly simple game, you quickly stooped to bottom feeding, and that, in my book, = lose. I do hope you enjoy the isk while it lasts - it's all you have.
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 01:20:00 - [65] Yeh Fastlearner, my fatal mistake was making friends with him. He reeled me in hook, line and sinker. I won't make excuses for it. It was the perfect scam in that respect. I knew it was a mistake when I saw this thread and have already repaid EBANK the 2.5b as the BoD gave me free reign and I messed up. Like I said, the amount was irrelevant, just the way it was achieved. I can't comprehend how people do it but as stated above I can't pirate an undefended ship without feeling guilty for it either Need Empire Research Slots. Click here
Riethe	Posted - 2007.11.25 01:20:00 - [66] Man, excuses. what. Shadarle you're too naive to realize that your normal attitude does not work here. I think you're a jerk to every one, but your attempts to manipulate me will be futile, just like my attempts toward you. I don't know how much ISK you have, but you did just say you can't even use all of it. And the returns I decided to go with this project wouldn't allow for more growth. That's just how I feel. If you would like to describe that as an excuse, go for it. But the fact is, if I felt this one could have gone further, I would have. Believe it or not, I just wanted a quick buck to begin with. The initial plan on this time around was to only put a week total toward this, and get 4 billion ISK. Just a real quickie. Worked out a little bit better, some time freed up and the over-selling of the shares near the ending actually jumped a considerable amount more than I had hoped for. No matter what though, I imagine that you would have shown up here and told me any sum of ISK wasn't ambitious enough / I have no guts / etc random words that are supposed to make me feel bad about myself or whatever you're attempting to achieve. As far as ricdic--that was the point. Not a mere 100 billion isk. A much, much larger sum, that of the equivalent of the big bank scam or beyond it. The stage is set for it to happen. Just wait.
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.25 01:20:00 - [67] Originally by: Riethe It's really difficult to push the boundaries beyond this. You have to really get yourself established for people to start trusting larger funds than this. Also, how convincing could I possibly be in saying I'm putting 60 billion ISK on the trading market for general goods? That would be a lot of work for one man to do, I personally find that to be a rather crazy claim for any individual to even attempt to make. I'll have to disagree with you here. And I'll use myself as an example. I've been playing Eve just over a year. I was totally unknown on these forums until just over 6 months ago. For the last few months I've controlled around 100 billion ISK of invested capital. Luckily (for the investors/depositors) UI'm not a scammer - if I were then by now it'd be 200 billion+. And I didnt have to promise 15% per month to get that. Now, admittedly, I didn't have to spend time making up results - as I had actual ones to report. But, had I been intending to scam, I wouldn't have had to spend loads of time updating market orders etc. One difference between my business and yours is that I had significant assets to start with. But the standard of scrutiny on these forums is uch that at no stage has anyone asked me to demonstrate that I have the POS, freighter etc that I listed. Some may have determined that I have them from private investigations - but the majority of people just took my word for it. It's ironic that, whilst you took advantage of the gukllibility here you don't appear to have appreciated just how gullible and careless everyone is. You could have pauid one month's 15% (a few billion) then claimed some opportunity had arisen whereby you needed ISK fast and would pay 17.5% - and your wallet would have been flashing like crazy. I appreciate it's a bit of a knock to your ego - but you short-changed yourself, not just the people you ripped off.
Riethe	Posted - 2007.11.25 01:23:00 - [68] Originally by: Potsnack wall of text You would have achieve far more with your post if you didn't set out on a personal goal to offend me or otherwise negatively affect me like I clearly have affected you. You might consider purchasing lessons on social engineering or manipulation from myself or Shadarle. Contact me in game if you'd like to set up a schedule.
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2007.11.25 01:27:00 - [69] Originally by: Riethe Man, excuses. what. Shadarle you're too naive to realize that your normal attitude does not work here. I think you're a jerk to every one, but your attempts to manipulate me will be futile, just like my attempts toward you. Shadarle has never been a jerk to me. I just had to clarify that absolute statement you made. --
Riethe	Posted - 2007.11.25 01:29:00 - [70] FastLearner, I find your business to be quite interesting and it does in fact prove you can get up to certain levels of investments without too much work. I think it would be quite an interesting idea to test your thoughts here and actually run a social experiment, as I have myself. Since you're obviously fairly knowledgeable about running a legitimate business in eve (although this could easily be your opening opportunity to reinforce how legitimate you are, when in reality you're just building yourself up a bit more), I think you might find it is a bit different when you're the narrator, and not just the main character. As far as my ego is concerned, I think I will be the one to assess that. I actually wouldn't mind having future discussions with you regarding similar topics. Social engineering is a wild thing.

Riethe	Posted - 2007.11.25 01:31:00 - [71] Originally by: Treelox Shadarle has never been a jerk to me. I just had to clarify that absolute statement you made. He does like to be mean though :(
rtbzneeezz	Posted - 2007.11.25 01:31:00 - [72] Originally by: Riethe Originally by: Potsnack wall of text You would have achieve far more with your post if you didn't set out on a personal goal to offend me or otherwise negatively affect me like I clearly have affected you. You might consider purchasing lessons on social engineering or manipulation from myself or Shadarle. Contact me in game if you'd like to set up a schedule. This post indicates just how inflated your ego is. You have no social engineering or manipulation skills. Most people that invest in shady high return IPOs like yours do so mindlessly no matter what they will post here. All the time you spent on conversations was a waste of time compared to a fake report you could have posted.
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2007.11.25 01:35:00 - [73] Originally by: Riethe Originally by: Treelox Shadarle has never been a jerk to me. I just had to clarify that absolute statement you made. He does like to be mean though :( I dont think so, I just think of him as enlightened without the encumbrance bovine scatology and meaningless dribble to make a point. Some might say, blunt yet succinct. --
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.25 01:35:00 - [74] Edited by: FastLearner on 25/11/2007 01:35:16 Originally by: Potsnack You failed at Eve. You couldn't find any other way to succeed in a relatively simple game, so you picked the "easy" route. You are a bottom feeder sir, no matter how hard you try to disguise this fact to yourself. I have to disagree with you there. A lot of Eve is about manipulation of other people and/or PvP. Many people in this forum proudly boast how the market is more PvP than ship combat is. Riethe enagged in market piracy - and scored a decent gank. He convinced people to invest far better than a lot of "genuine" would-be market players do. And if he's a bottom-feeder then what are his investors? Presumably that makes them the stuff on the bottom that he feeds on :) His scam was social manipulation at it's most basic. He appealed to a base instinct (greed) and took advantage of it. Everyone directing invective at him would be better served looking at their own failings which allowed him to succeed. The only thing irksome about it is how he wants to gloat over taking easy money from soft targets: like pirates quoting killboard stats which are mainly shuttles/T1 frigates killed at a gate-camp. But he earned that right - and anyone who jumped into his gate-camp makes themselves look an idiot by complaining about it.
Riethe	Posted - 2007.11.25 01:36:00 - [75] Originally by: rtbzneeezz This post indicates just how inflated your ego is. You have no social engineering or manipulation skills. Most people that invest in shady high return IPOs like yours do so mindlessly no matter what they will post here. All the time you spent on conversations was a waste of time compared to a fake report you could have posted. The post doesn't indicate anything. Read it again from a perspective that hasn't taken a side. The guy is just trying to rile me up. It wasn't constructive at all. As far as arguing the whole real life / eve online thing, it's not worth it. It's an endless battle that no one will ever agree on. I could tell everyone here that I would never steal from my friends or steal anything in real life, but people accepting that is rather difficult considering the circumstances. I'd rather skip that step. In addition to that, the post he made assumes far too many things. First, he assumes I've never attempted to earn ISK any other way, and he assumes I had no ISK prior to any of my scams. Every statement he makes is absolute, the final word. There's no point to argue with an individual like that because he does not want to actually have a constructive discussion, he wants to try to get me upset and feel guilty over a game mechanic.
Potsnack	Posted - 2007.11.25 01:42:00 - [76] Originally by: Riethe Originally by: Potsnack wall of text You would have achieve far more with your post if you didn't set out on a personal goal to offend me or otherwise negatively affect me like I clearly have affected you. You might consider purchasing lessons on social engineering or manipulation from myself or Shadarle. Contact me in game if you'd like to set up a schedule. You have not affected me in any way other than the usual low life Eve ebay isk buyers affect me. I guess I just wanted to publicly look down upon what you have been forced to become through your own lack of abilty. I have done that now and will leave you to others who may well have been affected by your actions.
Fader Bane Black Knight Buccaneers Daisho Syndicate	Posted - 2007.11.25 01:46:00 - [77] and here I am thinking people take this game too seriously in CAOD. ________________________________________
rtbzneeezz	Posted - 2007.11.25 01:48:00 - [78] Edited by: rtbzneeezz on 25/11/2007 01:48:38 Originally by: Riethe Originally by: rtbzneeezz This post indicates just how inflated your ego is. You have no social engineering or manipulation skills. Most people that invest in shady high return IPOs like yours do so mindlessly no matter what they will post here. All the time you spent on conversations was a waste of time compared to a fake report you could have posted. The post doesn't indicate anything. Read it again from a perspective that hasn't taken a side. The guy is just trying to rile me up. It wasn't constructive at all. As far as arguing the whole real life / eve online thing, it's not worth it. It's an endless battle that no one will ever agree on. I could tell everyone here that I would never steal from my friends or steal anything in real life, but people accepting that is rather difficult considering the circumstances. I'd rather skip that step. In addition to that, the post he made assumes far too many things. First, he assumes I've never attempted to earn ISK any other way, and he assumes I had no ISK prior to any of my scams. Every statement he makes is absolute, the final word. There's no point to argue with an individual like that because he does not want to actually have a constructive discussion, he wants to try to get me upset and feel guilty over a game mechanic. You really think people would not invest and reinvest if you made a fake report post worth 20 minutes time instead of the hours you spent talking to dozens of people? No one is trying to get you to feel anything. If you feel that someone is trying to make you feel then it might be you have already felt something.
Riethe	Posted - 2007.11.25 01:52:00 - [79] rtbzneeezz, your logic is astounding! Clearly, the fact that I felt that someone felt like they could make me feel like I felt something, proves that I did, in fact, feel something. Incredible. What would the world do without you.
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.25 01:52:00 - [80] Edited by: FastLearner on 25/11/2007 01:54:57 Originally by: Riethe Originally by: rtbzneeezz This post indicates just how inflated your ego is. You have no social engineering or manipulation skills. Most people that invest in shady high return IPOs like yours do so mindlessly no matter what they will post here. All the time you spent on conversations was a waste of time compared to a fake report you could have posted. The post doesn't indicate anything. Read it again from a perspective that hasn't taken a side. The guy is just trying to rile me up. It wasn't constructive at all. As far as arguing the whole real life / eve online thing, it's not worth it. It's an endless battle that no one will ever agree on. I could tell everyone here that I would never steal from my friends or steal anything in real life, but people accepting that is rather difficult considering the circumstances. I'd rather skip that step. In addition to that, the post he made assumes far too many things. First, he assumes I've never attempted to earn ISK any other way, and he assumes I had no ISK prior to any of my scams. Every statement he makes is absolute, the final word. There's no point to argue with an individual like that because he does not want to actually have a constructive discussion, he wants to try to get me upset and feel guilty over a game mechanic. A lot of readers of this forum should read this post of yours properly: as right now they're living in cloud cuckoo land. If I buy 8 billion worth of goods from someone for 6 billion then I've made 2 billion profit - and in the process the person I bought from is 2 billion worse off than if they sold those goods at proper value. Financially, that's the same as if they bought 2 billion worth of (worthless) shares from Riethe. Yet I'd get called a good trader while he's called a low-life. Drawing ANY comparisons of in-game behavior to RL behaviour is dangerous. This is a game. I kill people in this game. Sometimes I pod people after they've begged to be left alive. - and I'm not even a pirate (quite the opposite in fact). Assuming that other people use the same moral values in RL as in a game (as you do) is totally and utterly stupid - and an unfounded assumption. I'll never scam with this character - or with any other character that can be linked to it. But not because I believe scamming in a game where deceitful behaviour is not only allowed, but encouraged, is wrong. And, to move to RL just for a second. I have a rather cyical view on people's behaviour: I believe the main reason most people don't do "bad" things in RL is NOT because they believe those things are wrong - but because they're scared they'll be caught. Remove the fear of being caught and what do you have? That's right - an online game.

rtbzneeezz	Posted - 2007.11.25 01:55:00 - [81] Originally by: Riethe rtbzneeezz, your logic is astounding! Clearly, the fact that I felt that someone felt like they could make me feel like I felt something, proves that I did, in fact, feel something. Incredible. What would the world do without you. No one here has been trying to make you feel. Most people are either commenting on your lack of scammer commitment or on their own losses.
Riethe	Posted - 2007.11.25 01:59:00 - [82] Originally by: fastlearner ... The thing is though, I don't think your view on that is very unique. Pretty much anyone you ask would say the same thing. I'm very surprised you're playing devil's advocate here, or, however you'd like to refer to yourself in this situation. If I'm not mistaken, You invested as well under another name, yet you can still find your way here and argue some of these rather absurd comments being made? Your view is not cynical at all, and is rather common. It is very obvious that laws and rules and social guidelines exist in our real world to keep people in check. But in reality, Civilization is not our natural state. And we're far from accepting it. Look at the state of our prisons, or even take a glance at less established countries. It just goes to show that what most of the people here consider "savage" is actually a common real life occurrence as well, even in our day and age. Whether it is fear of being caught (usually the strongest contributing factor) or being raised on good ethics, I don't think that fully translates to eve. Here's how I see it: I could steal something from you, my real life friend, or my close online friend, ALL THE SAME, without any "fear of being caught" However, whether you'd like to call it fear or common sense, I would not steal from a real life friend in eve, simply because you now leave the realm of eve-online and have completely modified the entire scenario. The rate at which I care for your loss progressively increases by how well I know you. Simple as that. I think many people will generally follow the same guidelines as well.
Hexxx Minmatar	Posted - 2007.11.25 02:06:00 - [83] Edited by: Hexxx on 25/11/2007 02:06:55 Blah, blah, blah. Why are you still spending time on this again? Consulting, IPO Template, and Stock/Bond definitions.
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.25 02:10:00 - [84] Originally by: Riethe I'm very surprised you're playing devil's advocate here, or, however you'd like to refer to yourself in this situation. If I'm not mistaken, You invested as well under another name, yet you can still find your way here and argue some of these rather absurd comments being made? You're mistaken. You didn't get a single ISK from me.
Rethmynon	Posted - 2007.11.25 02:31:00 - [85] Edited by: Rethmynon on 25/11/2007 02:34:40 Not wanting to bump what is becoming Riethe's e-peen thread, but have to put my hands up at being one of those "stupid" people who fell for this scam - well done! And a begrudging congrats to your social engineering skills. It was my first investment and I will learn loads from losing the equivalent of 2 weeks profit. I know we shouldn't compare to RL but it does remind me of my first RL share investment into BOM holdings, and yes it lived up to it's name. I learnt from that and am now semi-retired at 40 partly living off my investment income. Now I feel better for stroking my RL peen as my e-peen is pretty low atm. Oh, and if it was just a social experiment. Can I have my 300 million back
Krugerrand 0utbreak	Posted - 2007.11.25 02:34:00 - [86] meh, money I invested in this I recovered straight away the same day. Not first IPO scam I have been a "victim" of, prolly won't be the last either. Bothered? No. Always done these things as a bit of fun and in a game like eve its pretty much expected.
Kitex Blacktag Test Labs	Posted - 2007.11.25 02:39:00 - [87] Originally by: Riethe You might consider purchasing lessons on social engineering or manipulation from myself or Shadarle. He he. Ho ho. And LAWL. Shadarle has a good head on his shoulders, but I don't believe he's ever tried to describe himself as an expert of social engineering. If anything has made this thread worthwhile, its the fact that you're now trying to paint yourself as one. IPO Scam = 40b isk. Gratuity to Reithe for amusing me = 1b isk (check your wallet). Reithe offering to sell lessons in social engineering after doing what any of hundreds of other players could have done if they had a mind to = Priceless! Never forget that we're playing a game here. We're not making ISK because we need it to feed our kids. Losing ISK has no real consequence, and most of us treat it as such. So, you've scammed some isk from lazy, complacent investors. Weeeeeeeeeeeeeee! Weeeeeeeeeee! Yahoooooo! Skillz, bro. Mad props. Here's a real-life exercise in social engineering akin to what you've accomplished here: Go find a fat 6 year old eating a french fry. Before he eats it, tell them that if he gives you the fry, you'll give him a whole basket of french fries in return. If he gives you the fry, laugh right in that fat 6 year old's face, then go tell all his buddies about how you social engineered his ass HARD. I'm sure it's more gratifying for you to imagine yourself a master social engineer than it is to imagine your investors as fat 6 year olds smelling a basket of fries. But that's what we are to a large degree. If isk had real value, or being scammed out of it had actual consequence, things would be different, and you couldn't have pulled this off. You should have announced your scam and then just watched the thread for a few days, if you get off on people's reaction to it. Instead you've decided to gloat, toot your own horn, and make yourself look really silly. Your whoring over this thread is a fair indication that you've taken this a lot more seriously than your investors have. You social engineering badass you Blacktag - Buy ships / Fittings / Drones / Ammo in BULK with Delivery!
Robacz Essence Trade Essence Enterprises	Posted - 2007.11.25 02:56:00 - [88] Originally by: Potsnack If there was a cheat/trainer for Eve, like in Counterstrike for example, you wouldn't have even run this scam because with the aimbot loaded you would be top scorer already, and that would replace any skill you might need to win on your own merit. Scamming in Eve is akin to using an aimbot in Counterstrike, reserved for the skill-less and lazy. It doesn't change the fact though, that through your own inabilty to succeed in a fairly simple game, you quickly stooped to bottom feeding, and that, in my book, = lose. I don't like scams nor want to defend them, but this is very wrong comparison. Cheating in CS is illegal, scam in Eve is not. Aimbot is not part of CS game system, scam is part of Eve game system. Scam is economic equivalent of pirating. Where is difference between this guy stealing ISK from investors and pirate stealing cargo of defenseless industrial pilots? There is none. Both is legit game mechanics and both has moral issues.
Dark Shikari Caldari Imperium Technologies Firmus Ixion	Posted - 2007.11.25 03:40:00 - [89] Good job, Riethe; perhaps your scam will be enough to make people stop this ridiculous irrational exuberance about the market... but I doubt it. A fool and his money are soon parted. 23 Member EVE Video makers: save bandwidth! Use the H.264 AutoEncoder! (updated)
Argenton Sayvers	Posted - 2007.11.25 04:14:00 - [90] These scams are good for 2 things. 1. See Dark Shikari's posts 2. a list of people you dont really want to play games with. "OMG this immoral scum bluffed me into thinking he has full house, while he only has 10 / 2"

rtbzneeezz	Posted - 2007.11.25 05:07:00 - [91] Originally by: Argenton Sayvers These scams are good for 2 things. 1. See Dark Shikari's posts 2. a list of people you dont really want to play games with. "OMG this immoral scum bluffed me into thinking he has full house, while he only has 10 / 2" Also good for flying pimped out.
Shadarle	Posted - 2007.11.25 05:20:00 - [92] Originally by: rtbzneeezz Edited by: rtbzneeezz on 25/11/2007 05:17:07 Tanking Setups Compared Stacking Penalty / Resists Explained
Riethe	Posted - 2007.11.25 09:11:00 - [93] Originally by: kitex Here's a real-life exercise in social engineering akin to what you've accomplished here: Go find a fat 6 year old eating a french fry. Before he eats it, tell them that if he gives you the fry, you'll give him a whole basket of french fries in return. If he gives you the fry, laugh right in that fat 6 year old's face, then go tell all his buddies about how you social engineered his ass HARD. Oh man, this had me in stitches. I feel like I should be paying you. Somewhere in your post you said something about how Shadarle has never described himself as an "expert" social engineer. I wasn't trying to say he had. He just likes to manipulate people. And find the post where I referred to myself as an "expert" or anything along those lines. I simply have made reference to the methods employed to make something like this happen. And my whole joke about offering lessons on manipulation was just that--a joke. If you think that has anything to do with an ego, your sarcasm detector needs tuning. It was just a shot at the guy. Good try though, I'm sure your ability to misdirect this entire thing and call all my posts boasting or gloating is making you feel a lot better about all this. People say this was a learning experience, but it wasn't.
Riethe	Posted - 2007.11.25 09:20:00 - [94] Originally by: kixet Gratuity to Reithe for amusing me = 1b isk (check your wallet). Hey kitex, you probably shouldn't ever run a public business, if it's that difficult for you to copy and paste a name. Just saying. Good job. Obviously the most basic of tasks are a hurdle for you. Go have some french fries. (and if you still don't get it: Reithe doesn't exist. Far as I know, it's someone's old dead trial account.)
Dr Slurm General Commodities	Posted - 2007.11.25 10:42:00 - [95] Hadn't really gotten around to reading this thread until now. First off let me say LOL and then thank you for justifying my previous doubt in the newer IPO's. It's better then Quafe!
Greedy McScrooge	Posted - 2007.11.25 11:58:00 - [96] Oooh a ego stroking thread. Can I play too?
Riethe	Posted - 2007.11.25 12:45:00 - [97] If Taikun were to come and post something here, it would just make me such a happy camper. Pretty please? Greedy McScrooge: holy crap you've got a lot of photoshop skills.
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 13:02:00 - [98] Originally by: Riethe Greedy McScrooge: holy crap you've got a lot of photoshop skills. He could also have blown up alot of battleships on sisi, or something :) Proud nublet of more public ISK than * CAP4U - The Plan
Minerva Vulcan Caldari The Nexus Foundation	Posted - 2007.11.25 13:02:00 - [99] I said it on the mailing list, and I'll say it here too. I see some people saying how they lost all the ISK they had and how they're now taking an extended vacation from EVE. Now, I'm a pretty new fact to this section of the forums and the Market scene itself, but even I knew enough not to throw any ISK into the pot that would be damaging for me to lose. As a personal rule I wouldn't put any ISK into anything that I can't easily make back in a week, tops. I've made more AFK mining Veldspar on a second character while I do things around the house like clean or work out than I invested. Hopefully some people will learn about their limitations from this. It's the same rules that apply for running a hauler or a Freighter around. Don't put all your eggs in one basket. Don't fly what you can't afford to lose. And, in the case of investments, don't invest what you can't afford to lose. This is like gambling. Some you win, some go bust. This one went bust. Others will win. Short of some of the attempts at belittlement amongst some people in here, this thread and Riethe will be forgotten and buried in a few days I'd imagine. Riethe did, at least, make for some good late night talk on my nights off from work anyway, and provided a good lesson on what to avoid and watch out for from any future potential investments for me. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets.
Riethe	Posted - 2007.11.25 13:36:00 - [100] I'm not really sure how many of those posts are genuine, though. It seems to be a relatively automatic response to act as if their loss was greater than it is to get some sort of compensation back because I'm supposed to feel bad for playing the game. I've had a few people ask for their money back. Does no one get it?

Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2007.11.25 13:45:00 - [101] Originally by: Riethe I've had a few people ask for their money back. Does no one get it? Thats because your annoucement of Scamhood was to subtle, I bet these are the same people who didnt even really read your IPO or SPO threads, and just tossed isk at you because they saw "everyone" else doing it. --
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 14:02:00 - [102] Yeh, well I like pickles Need Empire Research Slots. Click here
Minerva Vulcan Caldari The Nexus Foundation	Posted - 2007.11.25 14:20:00 - [103] Originally by: Riethe I've had a few people ask for their money back. Well... Can I? _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets.
Kitex Blacktag Test Labs	Posted - 2007.11.25 17:03:00 - [104] Originally by: Riethe Originally by: kixet Gratuity to Reithe for amusing me = 1b isk (check your wallet). Hey kitex, you probably shouldn't ever run a public business, if it's that difficult for you to copy and paste a name. Just saying. Good job. Obviously the most basic of tasks are a hurdle for you. Go have some french fries. (and if you still don't get it: Reithe doesn't exist. Far as I know, it's someone's old dead trial account.) I sent 1b to a dead trial account? Damn. I guess I should go have some french fries. What's funny is that you apparently took that bit seriously, and checked your wallet. Social engineer, or silly douche? As for the misspelling of your name, I guess you're just that memorable. And as for me trying to make myself feel better about this, why should I feel bad? I didn't lose anything, and your posts were good for a few minutes entertainment. Blacktag - Buy ships / Fittings / Drones / Ammo in BULK with Delivery!
Fitz VonHeise The New Order. United Connection's	Posted - 2007.11.25 19:04:00 - [105] Originally by: Riethe FastLearner, I've been around a lot longer than you realize. Are you R0me0? You talk a bit like him.
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.25 19:07:00 - [106] Originally by: Fitz VonHeise Originally by: Riethe FastLearner, I've been around a lot longer than you realize. Are you R0me0? You talk a bit like him. Its fun you mention it. It was my very first thought aswell. But a few thing lacks. One being the large usage of "lol". But the fact that he likes to say he did it by the rules points to R0ME0. He just havent pointed to the GM's yet. So i cant quite tell. But could be. Proud nublet of more public ISK than * CAP4U - The Plan
Fitz VonHeise The New Order. United Connection's	Posted - 2007.11.25 19:10:00 - [107] Originally by: LaVista Vista One being the large usage of "lol". He didn't use to over use that word... so he could "turn it off" when it suits.
Riethe	Posted - 2007.11.25 22:40:00 - [108] Originally by: Kitex I sent 1b to a dead trial account? Damn. I guess I should go have some french fries. What's funny is that you apparently took that bit seriously, and checked your wallet. Social engineer, or silly douche? As for the misspelling of your name, I guess you're just that memorable. And as for me trying to make myself feel better about this, why should I feel bad? I didn't lose anything, and your posts were good for a few minutes entertainment. Yup, the moment I saw your post I quickly ran in game to celebrate the 1 billion ISK I would have never seen without you, kitex. Or, more likely, it was your intention to begin with, so you could say crazy things about how difficult it will be to remember this. You must be some kind of detective, because the most important thing to me right now is making sure you remember. Please remember this. Please?
Shar Tegral	Posted - 2007.11.25 22:44:00 - [109] Awwww... poor Riethe. Did you feel all lonely with your thread getting slowly buried? If you like we can all set up a Riethe support group to help dry up your tears as you realize that we really don't care about you anymore. You are yesterday's news and we have already left you behind. But please, thrill and delight us with you bumping your own thread up. The more you do it, the greater our joy in your cries for attention. Taikun's Lost Bet
Riethe	Posted - 2007.11.25 22:48:00 - [110] Originally by: Minerva Vulcan Originally by: Riethe I've had a few people ask for their money back. Well... Can I? Didn't you say you already earned it back? Originally by: some guy I've made more AFK mining Veldspar on a second character while I do things around the house like clean or work out than I invested. Yup, you were around the house and you already got that money back!! don't try to fool me minerva, you sly dog.

Riethe	Posted - 2007.11.25 22:49:00 - [111] Originally by: Shar Tegral Awwww... poor Riethe. Did you feel all lonely with your thread getting slowly buried? If you like we can all set up a Riethe support group to help dry up your tears as you realize that we really don't care about you anymore. You are yesterday's news and we have already left you behind. But please, thrill and delight us with you bumping your own thread up. The more you do it, the greater our joy in your cries for attention. I forgot that you're not allowed to reply to people on the forums. forgot about that one. also, I find it incredibly ironic, that for some reason, every time you post, your text is wrapped in [ justify ] tags, but for some reason I always read it literally, like you have some attitude, or something. Oh, wait.
Minerva Vulcan Caldari The Nexus Foundation	Posted - 2007.11.25 23:00:00 - [112] Originally by: Riethe Didn't you say you already earned it back? Mostly, actually. It's been what, a day and a half? Never hurts to try and get a little more though now does it? Originally by: Riethe Yup, you were around the house and you already got that money back!! don't try to fool me minerva, you sly dog. What I invested was a bit less than half of my alt corp's wallet, which is in fact by and large ISK made from AFK mining whilst I do things around the house, along with a little bit from cashing in some LP for sellable items when I was getting a couple alts some standings. That, of course, if you'd remember out conversations, is nowhere near my main wallet. Like I predicted, a few days and this will be well good and forgotten. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets.
Riethe	Posted - 2007.11.26 00:34:00 - [113] The problem with the last statement you made, regarding this being forgotten, is that it conflicts with your previous statement, that multiple people have invested their life savings and now have nothing. Those people might have a hard time forgetting why they can't buy a kestrel to run their level 1 missions. Hell, as much as people want to deny it, this could easily be the kick in the butt that everyone needs to stop fooling around and start taking investments seriously. High five to the first guy that interprets this post as me gloating and boasting again.
Freudian Slip	Posted - 2007.11.26 02:35:00 - [114] Well, I read it that Riethe was an intelligent guy that seemed to have what he thought was a good idea. This was backed up by his last months dividends. He replied to posts and seemed to have swayed quite a few people to believe in him. Well, we were all wrong. Now he gets to play Mr. Superior and the "Oh, I scammed you all and you are all losers" game. This is relatively evident by his replies. A truly heartless person wouldn't have even replied to anyone. So he is doing this to feel better about himself to compensate from some other physical, mental or emotional shortcoming. Riethe, you need help. Even though it is only a game, you still hurt people. You stole the fruits of their labor and that shows a severe case of moral turpitude. I actually pity you.
Benvie Benvie Enterprises	Posted - 2007.11.26 02:43:00 - [115] The expanded bond after a single large dividend from the original bond was a huge warning sign. People even said as much in the thread. That combined with the payout rate is why I didn't invest, the scam potential to me was way higher than the 15% payout. It surprises me that so many people did invest.
Riethe	Posted - 2007.11.26 02:58:00 - [116] Originally by: Freudian Slip ..something about heartless people, etc... So he is doing this to feel better about himself to compensate from some other physical, mental or emotional shortcoming. Riethe, you need help. Even though it is only a game, you still hurt people. You stole the fruits of their labor and that shows a severe case of moral turpitude. I actually pity you. Next time you manipulate the market for your own profit, next time you drag someone's prices down just to buy up all their orders cheaply, next time you pop a battleship out in space, you're doing the exact same thing I've done here. Except it'll take you a lot longer to make equal profits. Originally by: Benvie The expanded bond after a single large dividend from the original bond was a huge warning sign. People even said as much in the thread. That combined with the payout rate is why I didn't invest, the scam potential to me was way higher than the 15% payout. It surprises me that so many people did invest. Clearly you are just a scholar of investments and in the future everyone should seek you for your incredible abilities to assess these things. And it's made even more painfully obvious of how incredible you are by the fact that you warned everyone in the previous posts. You are just such a delight, Benvie. Currently experiencing a severe case of moral turpitude
Benvie Benvie Enterprises	Posted - 2007.11.26 03:09:00 - [117] Originally by: Riethe Clearly you are just a scholar of investments and in the future everyone should seek you for your incredible abilities to assess these things. And it's made even more painfully obvious of how incredible you are by the fact that you warned everyone in the previous posts. You are just such a delight, Benvie. What is your problem exactly?
Taikun Gallente Serenity Prime Praesidium Libertatis	Posted - 2007.11.26 06:58:00 - [118] Originally by: Riethe If Taikun were to come and post something here, it would just make me such a happy camper. Pretty please? IBTL. Taikun For lack of a better word ladies and gentlemen... Greed is good. I support THIS!
Riethe	Posted - 2007.11.26 07:03:00 - [119] YES! I'm sending 1 billion isk to Tiakun. I'm glad you could make it, buddy.
Taikun Gallente Serenity Prime Praesidium Libertatis	Posted - 2007.11.26 07:06:00 - [120] Originally by: Treelox Originally by: Riethe Man, excuses. what. Shadarle you're too naive to realize that your normal attitude does not work here. I think you're a jerk to every one, but your attempts to manipulate me will be futile, just like my attempts toward you. Shadarle has never been a jerk to me. I just had to clarify that absolute statement you made. Give it time.... give it time. Taikun For lack of a better word ladies and gentlemen... Greed is good. I support THIS!

Taikun Gallente Serenity Prime Praesidium Libertatis	Posted - 2007.11.26 07:13:00 - [121] Originally by: Riethe YES! I'm sending 1 billion isk to Tiakun. I'm glad you could make it, buddy. Ummm... hope you didn't. My name is Taikun. Wouldn't want all that ill-gotten gains to go to some other undeserving soul. (Could you make sure it is the same ISK Shad sent ya? That would be simply devine.) Taikun For lack of a better word ladies and gentlemen... Greed is good. I support THIS!
Riethe	Posted - 2007.11.26 07:18:00 - [122] Originally by: Taikun Ummm... hope you didn't. My name is Taikun. Wouldn't want all that ill-gotten gains to go to some other undeserving soul. (Could you make sure it is the same ISK Shad sent ya? That would be simply devine.) Taikun Damn! I sent 1b to a character that doesn't even exist? Well I guess now to cover up for my mistake I should insult you! (actually, I can't do that. I'm rather fond of you.)
Kitex Blacktag Test Labs	Posted - 2007.11.26 07:30:00 - [123] Originally by: Riethe Damn! I sent 1b to a character that doesn't even exist? Well I guess now to cover up for my mistake I should insult you! (actually, I can't do that. I'm rather fond of you.) You were doing an admirable job with the subtlety, but completely mangled it with this one. Now stop with the self-love, or at least take it out of the forum and into the privacy of your own bedroom. No one likes a self-bumper. Blacktag - Buy ships / Fittings / Drones / Ammo in BULK with Delivery!
ProudGallenteCitizen	Posted - 2007.11.26 12:41:00 - [124] 2007.11.26 06:49 Riethe's Holding Corp creates 17000 shares
Kazuo Ishiguro House of Marbles Zzz	Posted - 2007.11.26 17:05:00 - [125] What on earth is he going to do with more shares? My research services Spreadsheets: Top speed calculation - Halo Implant stats
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.26 17:06:00 - [126] Originally by: Kazuo Ishiguro What on earth is he going to do with more shares? Probably send them out to investors who didn't get any yet to rub their noses in it.
Fitz VonHeise The New Order. United Connection's	Posted - 2007.11.26 18:26:00 - [127] Originally by: Fitz VonHeise Originally by: Riethe FastLearner, I've been around a lot longer than you realize. Are you R0me0? You talk a bit like him. Well he hasn't denied it... (Course no matter what he says why would we believe him?)
Riethe	Posted - 2007.11.26 18:36:00 - [128] I don't really understand how the voting system and share creation work, but for some reason I had the option to create more shares, so I wanted to see if it was a graphical thing. Why from one vote that gets approved, could I actually sanction it twice?
FastLearner Fury Holdings Brutally Clever Empire	Posted - 2007.11.26 18:45:00 - [129] Originally by: Riethe I don't really understand how the voting system and share creation work, but for some reason I had the option to create more shares, so I wanted to see if it was a graphical thing. Why from one vote that gets approved, could I actually sanction it twice? For 1 billion ISK I'll tell you.
Benvie Benvie Enterprises	Posted - 2007.11.26 20:13:00 - [130] You gotta admit, we've been getting better communication from this scam than we get from a lot of legit corps. Kind of funny.

Matalino Gallente Ki Tech Industries	Posted - 2007.11.26 20:37:00 - [131] Originally by: FastLearner Originally by: Riethe I don't really understand how the voting system and share creation work, but for some reason I had the option to create more shares, so I wanted to see if it was a graphical thing. Why from one vote that gets approved, could I actually sanction it twice? For 1 billion ISK I'll tell you. I'll tell you for 800 million, but with your reputation I expect payment in advance. ************************** Datacore Harvesting IPO
Fitz VonHeise The New Order. United Connection's	Posted - 2007.11.26 20:49:00 - [132] Originally by: Riethe I don't really understand how the voting system and share creation work... In this case it is not R0me0. He knew all about the process of making shares.
ProudGallenteCitizen	Posted - 2007.11.26 21:53:00 - [133] Originally by: Fitz VonHeise Originally by: Riethe I don't really understand how the voting system and share creation work... In this case it is not R0me0. He knew all about the process of making shares. That is exactly what he wants you to think.
Riethe	Posted - 2007.11.26 22:12:00 - [134] This goes really deep doesn't it.
Devian 666 Igneus Auctorita GoonSwarm	Posted - 2007.12.03 00:38:00 - [135] So this is what 43b in market drama looks like. At a rate of 8b per page it's pricey stuff. We almost won. [ 2007.11.17 08:26:19 ] (combat) <color=0xffbbbb00>Your 150mm Railgun II places an excellent hit on Shrike [EVOL]<BOB>(Avatar), inflicting 41.4 damage.
General Coochie New Justice Minuit.	Posted - 2007.12.03 01:45:00 - [136] Nice. Was it 43 bill in 8 days? I am impressed.
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.12.03 02:07:00 - [137] Epic Fail ^^^ It's not the stone age, we do have timestamps you know! Need Empire Research Slots. Click here
CrazyCoolie Lucky Hydra Corp SMASH Alliance	Posted - 2007.12.03 02:19:00 - [138] Love this. Congrats. Please send me some isk, I hate ratting and the like, Take pity on the poor
Yonneh Death of Virtue Sex Panthers	Posted - 2008.01.24 18:33:00 - [139] Great work, you plan was well executed and i loved how you came clean and addmitted it so wonderfully. Keep it up, i love seeing these bears whine.


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