Qoin Fraud Exploits Crowdfunding Loopholes

Geld voor Elkaar & Symbid, two Dutch crowdfunders who helped the Qoin con artists to profit at the expense of investors - one will be in serious trouble

Geld voor Elkaar & Symbid, two Dutch crowdfunders who helped the Qoin con artists to profit at the expense of investors – one will be in serious trouble

Two Crowdfunders in The Netherlands (Geld voor Elkaar & Symbid) have both assisted the fraudulent Qoin operation to the tune of €1/3m allowing the Directors to scam the investing public. In Holland, debt defaulters are listed online however not so for the crooks who use crowdfunding sites, and guess what? These crowdfunding organisations have pocketed their commissions but now won’t talk! In this post I analyse the Crowdfunders’ roles in enabling the con artists and show further how Symbid is seriously exposed by aiding and abetting actual criminal activity. [Read more…]

Qoin’s Veritable Maze of Confusion

tqc-tqc-tqcIn this post I demonstrate some of Qoin’s various entities, current, past and ‘phantom’ companies showing how the essentially two-man con uses new companies for old, to confuse investors (and investigators). It’s a veritable rabbit-warren, a maze specifically engineered for successful confusion, except for those with inside information, [like me]. Enjoy these revelations . . . if you enjoy seeing crime unraveled in real-time. [Read more…]

Tradeqoin Devalues

tradeqoin-devaluedIt took a while (and they pushed back at the thrust of my blogging) but Tradeqoin has now revised their business plans, lowered their crowdfunding ask and devalued their entire business as well. Great!

In this post I analyse their new figures, comment on their business plan changes and ask more questions of the entire Tradeqoin scam that exposes the Equidam valuation tool and perhaps the entire Symbid system. It’s a messy cresspit of ‘funny-ness’ that I believe should be examined in much more detail by the thought-leaders in the Dutch business community. [Read more…]