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Loan request for Rattlesnake dualboxing

Author
Manbun Scarfbeard
Doomheim
#41 - 2017-04-12 07:26:11 UTC
This is to confirm that I (the Borrower) have accepted a ISK 1.8 billion uncollateralized loan from JitaPu (the Lender), with the following terms:

- Principal: ISK 1.8 billion
- Repayment Date: 7 May 2017 (prior to EVE downtime)
- Interest: 5% (ISK 90 million) per week, payable each Sunday prior to downtime (each an Interest Payment Date), with first the payment due on 16 April 2017.
- Early prepayment: if the Borrower wishes to repay the loan ahead of the Repayment Date, he may do so on any Interest Payment date, however, prepayments within the first 4 weeks of the loan term are subject to a make-whole provision, requiring the Borrower to pay the Principal plus 20%, less any Interest already paid.
- Extensions: maturity extensions require consent of both the borrower and the lender.
- Collateral: nil.
JitaPu
Random Strategies
#42 - 2017-04-12 07:29:49 UTC
I confirm the above. ISK 1.8 billion sent to Manbun Scarfbeard.
Manbun Scarfbeard
Doomheim
#43 - 2017-04-12 07:32:14 UTC  |  Edited by: Manbun Scarfbeard
Isk recieved, biomassing shortly.

Thank you for choosing Oruze Cruze Scamlines.


Edit: JitaPu is a legitimately nice guy. I'm sorry man. Best of luck to you with your future business endeavors!
JitaPu
Random Strategies
#44 - 2017-04-12 07:33:42 UTC  |  Edited by: JitaPu
Well done sir.

EDIT: So, as far as scams go, this was actually a fairly pleasant experience. Had a nice voice chat with Manbun on discord. He seems like a nice dude. He played his part really well. I have to give him that. I cannot be mad at him at all. This is EVE at its best. Well done and enjoy the free ISK. I might have to fine tune my lending criteria a bit Lol
Saveritas
The Scope
Gallente Federation
#45 - 2017-04-12 08:06:58 UTC
Well, that was obvious. You should've gone for more.
cisea
Aliastra
Gallente Federation
#46 - 2017-04-12 09:02:53 UTC
That was a lot of stupid work for less than 2 bil.

Also, it was rather clear from all the posts here this would happen. Live and let learn.
Manbun Scarfbeard
Doomheim
#47 - 2017-04-12 09:53:00 UTC  |  Edited by: Manbun Scarfbeard
I'm more than happy with the amount I got, I was hoping the small ask price would make people more willing to risk. Thinking back on it, with the numbers I presented, I should have went into the 3b range to make things more believable (it came up often in this thread as well), but that's a conclusion I made after the die was cast, so I rolled with it.

An API check was the thing I was most afraid of. I could have talked myself out from showing transaction history (opsec), but I couldn't talk my way out of having no assets to speak of ("But they are on my main" - "Contract them over so i can see them"), nor not having the SP that I talked about in my original post ("I haven't injected them yet" - "Inject so I can see/Transfer the injectors over so I can see"), nor being an alpha clone.

To be honest, uncollaterized loans from unknowns will always be scams if the receiver thinks things through. No reputation to lose, everything to gain.

Even if the client is reputable, reputations can be manufactured, and if the price is right, can be thrown away the same way. Hell, if you are famous enough, people won't even mind, you'll be a legend (but this is more applicable to third partying).

MD regulars pick apart these loan schemes from the wrong angle. I could write you the most believable fairy tale (I think I did good) when I have f* all to back it up with. The story isn't important, it's the nature of the loan itself that provides 0 safety to the lender. If the scammer did his homework, he'll be able to talk himself out of questions regarding the backstory.

Anyways, my fun/hr with this project was quite high (I was so in character at one point that I actually got mad at Solonius Rex for mocking my imaginary wormhole alliance). This social aspect is what got me into EvE, and is why I stay around for to this day (the spaceships are cool too).

Goodbye MD, fly safe o7
Areen Sassel
Dirac Angestun Gesept
#48 - 2017-04-12 10:55:41 UTC
Well, well done. I'd say I don't know how Jita Pu fell for that, but having fallen for an obvious-in-retrospect Sabriz alt a few months ago, I can't talk. :-)
JitaPu
Random Strategies
#49 - 2017-04-12 11:47:09 UTC
Hi guys, I thought I would add a bit of colour around how I fell for this. I made some pretty basic mistakes, primarily due to lack of RL time to do proper research. Hell, I did not even read the posts in this thread over the past few days before I spoke to Manbun earlier today.

In hindsight, a lot of things should have rung my alarm bells. I was thinking about asking for APi keys but honestly could not be bothered to waste all this time on a 1.8bn loan. Key lesson for the future is to pass if I simply don't have the time to do proper background checks.

As for Manbun's work, he did a pretty good job. His backstory seemed plausible, though I was a bit confused as to why he would not reveal the name of his wormhole corp to me...

In summary, mistakes are learning opportunities (and hazing opportunities for all neutral observers Smile). I have learned my lessons, so feel free to pile in with your comments.
William Ormono
Reason Will Prevail
#50 - 2017-04-12 13:57:25 UTC
Lol, you seem pretty proud of yourself Big smile

Manbun Scarfbeard wrote:
MD regulars pick apart these loan schemes from the wrong angle. I could write you the most believable fairy tale (I think I did good) when I have f* all to back it up with.


You think you did good? As in, you think your story was good?

I mean, granted, the scam was successful (so congrats for that), but leading up to that there are two pages filled with MD regulars poking holes in your story. No part of it made sense and no one was falling for it. And when questioned, your answers just created more questions and further demonstrated how flawed your story was.

Manbun Scarfbeard wrote:
If the scammer did his homework, he'll be able to talk himself out of questions regarding the backstory.


You sound like a person who thinks they were able to successfully talk themselves out of the questions they were asked. Granted, you fooled JitaPU, but I hope you haven't convinced yourself that you fooled anyone else. Again, see first two pages of this forum thread.
Zanar Skwigelf
Wormhoppers Inc.
#51 - 2017-04-12 14:55:56 UTC
Manbun Scarfbeard wrote:
I'm more than happy with the amount I got, I was hoping the small ask price would make people more willing to risk. Thinking back on it, with the numbers I presented, I should have went into the 3b range to make things more believable (it came up often in this thread as well), but that's a conclusion I made after the die was cast, so I rolled with it.


At 3b I still would have told you to go buy Plex you filthy poor.
Alexi Stokov
State War Academy
Caldari State
#52 - 2017-04-12 16:04:50 UTC
JitaPu wrote:
Hi guys, I thought I would add a bit of colour around how I fell for this. I made some pretty basic mistakes, primarily due to lack of RL time to do proper research. Hell, I did not even read the posts in this thread over the past few days before I spoke to Manbun earlier today.

In hindsight, a lot of things should have rung my alarm bells. I was thinking about asking for APi keys but honestly could not be bothered to waste all this time on a 1.8bn loan. Key lesson for the future is to pass if I simply don't have the time to do proper background checks.

As for Manbun's work, he did a pretty good job. His backstory seemed plausible, though I was a bit confused as to why he would not reveal the name of his wormhole corp to me...

In summary, mistakes are learning opportunities (and hazing opportunities for all neutral observers Smile). I have learned my lessons, so feel free to pile in with your comments.



You can't claim he did a good job when you just admitted to not reading anything in the first 2 pages.
Potato Chip Lady
Forged with Fire
#53 - 2017-04-12 20:00:13 UTC
Wow. I've heard so much about how jaded and cynical Eve players are. I didn't realize scams like this were still a thing - I didn't think anyone trusted anyone by this point. Glad to see that assumption is wrong (although sad to see someone get scammed).

I'm too new to the game to not see 1.8 Billion ISK as $27.00 (I can't PLEX my accounts yet, so I gotta buy them), but I'm glad to see the person who got scammed is OK with it. I have a feeling I wouldn't be taking it as well. You Eve players are alright Cool
Jax Bederen
Dark Horse RM
#54 - 2017-04-12 22:03:02 UTC
Not sure why you trusted that looser, weak character was pretty easy to read. Seriously some of you have to much cash.
JitaPu
Random Strategies
#55 - 2017-04-12 22:50:57 UTC
Hi guys, you all make fair comments. The one thing I would say here is, when you consider making uncollateralized loans, it is effectively like playing roulette. It is gambling. It is not investing. You may fool yourself into thinking that a loan gone well was a "good investment" but you really just got lucky. Please note, I am not saying this applies to collateralized loans.

So the questions are, do you like gambling, do you like the thrill of it, can you afford a total loss, how will it affect your mood if you lose/get scammed. Everyone has to answer these questions for themselves.

Alexi Stokov wrote:
You can't claim he did a good job when you just admitted to not reading anything in the first 2 pages.


With regards to Alexi's comment, Alexi is right, in hindsight, I should have known, had a I actually read the full thread before making my decision, but I did not and part of the reason for that, other than lack of RL time, was Manbun's performance on the call, which you guys obviously did not hear. He did very well.

To those who think that he put in too much effort for what turned out to be a pretty small profit (he probably could have made that money had he spent all that time actually ratting), I can see how his satisfaction does not come from the amount scammed but from the fact that he did manage to pull off a successful scam at all. As someone who has never scammed anyone, I can to some degree relate this to other activities in EVE, such as ganking ratters / miners in cloaky ships, where the hunt leading up to the kill provides more satisfaction than the actual kill.

Personally, I hold no hard feelings over this. Manbun created content. A sandbox like EVE would be boring as hell if it was not for people creating content, in whatever shape and form. This is not a moral endorsement of scamming, but just a practical view of life in EVE.


KenFlorian
Knight Odds
Curatores Veritatis Alliance
#56 - 2017-04-13 01:56:48 UTC
Jax Bederen wrote:
Jerry T Pepridge wrote:
would like pledge 20b


Thus we've come to the end of the road.


Thread incomplete until Bumblefeck bids!
Areen Sassel
Dirac Angestun Gesept
#57 - 2017-04-13 02:12:25 UTC
JitaPu wrote:
Personally, I hold no hard feelings over this. Manbun created content. A sandbox like EVE would be boring as hell if it was not for people creating content, in whatever shape and form. This is not a moral endorsement of scamming, but just a practical view of life in EVE.


That's the spirit, but let's go further; it's completely moral to scam in EVE, just as it's moral to lie in Illuminati or betray a trust in Diplomacy. We're playing a game, and this is part of the game.
Sabriz Adoudel
Move along there is nothing here
#58 - 2017-04-13 08:34:08 UTC
JitaPu wrote:
Hi guys, I thought I would add a bit of colour around how I fell for this. I made some pretty basic mistakes, primarily due to lack of RL time to do proper research. Hell, I did not even read the posts in this thread over the past few days before I spoke to Manbun earlier today.

In hindsight, a lot of things should have rung my alarm bells. I was thinking about asking for APi keys but honestly could not be bothered to waste all this time on a 1.8bn loan. Key lesson for the future is to pass if I simply don't have the time to do proper background checks.

As for Manbun's work, he did a pretty good job. His backstory seemed plausible, though I was a bit confused as to why he would not reveal the name of his wormhole corp to me...

In summary, mistakes are learning opportunities (and hazing opportunities for all neutral observers Smile). I have learned my lessons, so feel free to pile in with your comments.



It's not the most expensive lesson. Better to make this mistake than to get screwed for 20 billion on something bigger.

But you should learn a lesson here: when it comes to talking about trust, listen to me, I'm always right.

I support the New Order and CODE. alliance. www.minerbumping.com

Professor Sternu Tarantoga
Queens of the Drone Age
#59 - 2017-04-13 13:35:38 UTC
So this was a chrade and JitaPU is Manbun's alt or 1,8 Bil. aren't worth any kind of background check? Anyway, preparer for a lot of "me-too"s.
Devlin Shardo
Stay Frosty.
A Band Apart.
#60 - 2017-06-21 09:29:03 UTC
I'm fairly sure that scamming then bio massing is a ban able offence.