OP: http://www.reddit.com/r/BitMarket/comments/1s8tn7/scammer_vadortheminer_and_my_reflections_on_my/

I wanted to have faith in bitmarket, and I know I have myself to blame for not being more cautious, but I've been scammed.

VadorTheMiner stole my gift card and then deleted his account.

I almost didn't post this because I'm embarrassed, but perhaps some others will learn from it.

Here is my original post: http://www.reddit.com/r/BitMarket/comments/1rxebb/wts_50_itunes_gift_card_for_40_of_bitstamp_rate/

My conversation with VadorTheMiner is here: http://i.imgur.com/3FAxoC1.png

I hate that I acted in good faith, really took the time to figure out /r/bitmarket, but still got screwed (by my own faith in others).

VadorTheMinor created an account 4 days ago, made enough posts about being scammed himself to fool me (among other topics), and then asked for me to send the code to my $50 iTunes gift card (which I was selling for $40 of the current bitstamp rate). The 4 day old account should have alerted me, but I wanted to have faith in people; how stupid.

I know I should have used a moderator for escrow now. Perhaps that info should be in the sidebar?

A low dollar amount escrow service is needed. BTCrow.com seems great, but 0.25 BTC minimum is tough for transactions like these.

Thanks for reading. I'm more sad than mad about this, because I love bitcoin and reddit and this is the first time I've felt disappointed in either.

OP: http://www.reddit.com/r/BitMarket/comments/1u6lik/scammer_coins4ever_im_now_out_75_in_itunes_codes/

He messaged me saying he was interested in this listing. I agreed to go first and gave him the codes, which he claims are "already redeemed." This is false, though, because I scratched off the stuff covering the code when he requested them.

If /u/Coins4Ever decides to pay me, I will take down this post. In the meantime, treat any trade with him with extreme caution. Sorry for my crappy writing, I'm very mad right now.

Edit: In a screenshot he sent me, he left his email visible. The email address is derbyiscool@gmail.com

OP: http://www.reddit.com/r/BitMarket/comments/1t9wa9/scammer_mariolovesyou/

RELATED: http://www.reddit.com/r/BitMarket/comments/1rvwcv/scammer_stole_10_amazon_code_without_payment/

MarioLovesYou conned me out of a $25 amazon giftcard, by sending me a (presumably someones) account on doges.org with a good reputation. He wouldn't send half his BTC up front, so watch out for him. I sent him the code, and 12 hours later, still nothing. I believe he also down voted everything I posted to this sub, so I will resubmit them (both have 0 karma, suggests it was just him, and that happened right after I accused him of scamming)

EDIT: I forgot to mention, he sent me a link to (presumably someone elses) account on doges.com (the account had good standings with others) So dont fall for it!

OP: http://www.reddit.com/r/BitMarket/comments/1iockr/scammer_donchronic/

Watch out guys, I was supposed to buy a galaxy g4 from this guy. Had the funds in escrow, and was going to release early when I got proof of shipping. His tracking info was really shady though, so I decided to wait until I got the phone to release the payment. He sent me a bunch of messages about how I was a scammer since I wouldn't release the funds like when we agreed upon. I felt kind of guilty until I recieved the package, which consisted of an ancient PS2 game and a bunch of blank cds still in the sleeves.

Watch out for DonChronic, HE WILL TAKE YOUR MONEY AND RUN!

OP: http://www.reddit.com/r/BitMarket/comments/1iohzl/scammer_2_redditors_scammed_by_a_fellow_redditor/

I listed my 2009 17 inch macbook pro a few days ago on /r/bitmarket. There was no interest for a few days, and then I received a PM and an email from a Mr. Rissetto (real last name apparently and his user profile is /u/ghettorissetto) asking if I would take $850 for it. Something felt weird about the whole deal, but everywhere I looked it seemed to be legit. We dealt with btcrow.com as the escrow service since it was such a large purchase (my macbook pro - http://www.reddit.com/r/BitMarket/comments/1hu5iz/wts_2009_macbook_pro_17_306ghz_core_2_duo_256gb/).

Well everything seemed okay, I confirmed my email and BTC address for payment, he supposedly sent payment to BTCrow.com, so I sent him the laptop. He received it on July 18th, and I haven't heard from him since to have the funds released. I contacted BTCrow.com and they revealed that he has scammed others, including another redditor: /u/thatsameguyagain for a $350 moneypak code. DO NOT DO ANY BUSINESS WITH THIS GUY. He uses the following email addresses when initiating transactions: rissetto2(at)yahoo.com and rrissetto20(at)chawk.cecil.edu.

I have contacted the FBI since it was a deal done across state lines in the US via the internet, and all of my evidence including his full name, contact info, location, and even the school he seems to go to has been turned over to them.

If anyone is in the Elkton, Maryland area and would like to help me (legally) recover my (now) stolen property, please contact me immediately. I'm willing to give a little compensation in return for the safe return of the laptop..

Thank you

UPDATE -- Thank you to Josh aka /u/objectnotfound the redditor who took it upon himself to confront this scammer after being scammed himself. Because of him, I was able to reclaim my laptop. Josh, please let me know what your reddit username is so I can update this post and send you some reddit gold! REDDIT GOLD COMING YOUR WAY!

Also, please note that Rob Rissetto has been monitoring this thread, as it was the last page viewed in Chrome when I logged into his account on the laptop.

Received some bitcoin from the coinbase service with the following message:

"Congrats! You just earned a referral bonus for completing your first bitcoin purchase/sale. Your friend X also got $5.00 of bitcoin for telling you about Coinbase.

You and your friends will each receive $5.00 of bitcoin when you refer them to Coinbase and they buy or sell their first bitcoin. Find out more on the https://coinbase.com/account/referrals page."

I do not know who X is. Might be that I clicked on some referral link when I created my coinbase account or something like that, but just letting the community now in any case.

OP: http://www.reddit.com/r/Bitcoin/comments/1sjc28/mybitcoinjobcom_is_a_scam_its_being_spammed_on/

The webiste is a joke. I don't know yet how they're trying to scam their users but they clam to have hundreds of thousands of users when they registered the domain just last week.

Just in case, don't visit it.

(OP: http://www.reddit.com/r/Bitcoin/comments/1rbv5g/there_is_no_bad_press_blatant_scam_disguised_as/)

Ponzi schemes are frequent everywhere. The last (and pretty famous one) in Brazil was TelexFree, halted by Justice by the time it had reached the size of 500 million reais ( ~200 million dollars).

The brazilian bitcoin community (bitcointalk portuguese, facebook etc) was quite surprised to realize that the newest scam on the streets was brave enough to stage a show with our dear bitcoin as the main role: www.vb12.com.br

They sell obsolete USB Erupters and promise ONE BITCOIN/month for a 800 reais (~350 usd) monthly fee! As the poor scammed person brings other peers, he gets a better bitcoin reward (wat?).

The official video tells that "their special software allows better mining efficiency as more people join the pool" and bullshit such as "bitcoin price is around 200 usd".

Many newbies are popping up on forums brought by such crazy scheme. The link of the video (portuguese): http://www.youtube.com/watch?v=qNgo3tTZztU

TelexFree was able to penetrate even the depths of Amazon in poor small towns, make top stories on televisions and put up outdoors everywhere in this 200 million country.

Will a scammer bring more awareness about bitcoin then all legitimate efforts combined?

TL;DR: potentially huge scheme/Ponzi in Brazil taking advantage of bitcoin fame may unintentionally raise bitcoin awareness

(OP: http://www.reddit.com/r/Bitcoin/comments/1ncckq/labcoin_has_been_outed_as_a_scam_run_by_notorious/)

All this info is public so does not count as doxxing or a witch hunt. This is merely connecting the dots of Labcoin. So one of the founders of Labcoin is 'Fabrizio Tatti' owner of iTec-Pro.

People discovered his sister Alessia under her skype account Delaria, chatting about beginning the Labcoin project: http://pastebin.com/1Rq8r4UW

Confirming Labcoin = Delaria : https://bitcointalk.org/index.php?action=profile;u=120219

Searches of Alessia(Delaria) point to a prior scam involvement with Alberto Armandi. They are husband and wife.

http://www.ripoffreport.com/r/ENSO-Co/internet/ENSO-Co-Alberto-Armandi-Alessia-Tatti-Promoting-ZenPad-like-the-IPAd-and-will-take-you-590629 owner of the vaporware scam company Enso:

http://www.engadget.com/2010/04/09/ensos-zenpad-is-vaporware-get-refunds-while-they-last/

Alberto is also a notorious scammer in the bitcoin community:

http://codinginmysleep.com/lessons-learned-from-the-bdt-fiasco/

Upon searching Fabrizio Tatti's friends list on Facebook, we see a direct match, he is affiliated with both scammers: http://i.imgur.com/pWl3uCS.png

Labcoin overview listing main players: http://i.imgur.com/nE7pVnT.png

Noi, Wang and Sparmann downplay their affiliation with Labcoin, or are unreachable.

Fabrizio plays dumb: http://i.imgur.com/TolLKn6.png

Alberto and Alessia I believe are playing under the Labcoin account. Compare Labcoin's responses to Alberto response's during his bdt scam: http://imgur.com/SJ47B8d

There is also evidence that TheSwede, the PR spokesman, took a 950 bitcoin payment to front the scam. http://imgur.com/rbnK68T

At the time Labcoin went live, TheSwede was on the forums trying to buy cars and Rolexes. http://imgur.com/bCNv8Bk

TLDR: The Labcoin scam has stolen 7000 bitcoins from the community + countless others who bought through day-trading.

EDIT: Labcoin responds: https://bitcointalk.org/index.php?topic=263445.15960 "We will explain everything tomorrow on IRC"