Author Topic: Michael Taggart claims to be BitShares Co-founder?  (Read 12155 times)

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Offline gamey

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #75 on: August 05, 2016, 05:40:32 pm »
I suppose that was my mistake in having an open conversation with you.

My apologies for setting of your radar.

No worries.  It wasn't much of a conversation which is what made it stand out even more. I'd never seen legitimate monied people talk like that. Still haven't. Glad to see one be so open about their finances.

Not sure what I am thinking in regards to the 2k requested for the marketing thing. It was something that'd allow them to publish directly to publications in the interest of Bitshares. A noble goal to be sure, but it seemed to sort of disappear when they were asked to provide their real name from the community. Probably my memory failing me, although in general it is pretty good.

Cheers.

edit - Also I never ever called you a scammer. That is your  doing. I didn't even imply it. I have no reason to think you are a scammer, just that you are a <ahem> a bit suspect. Honestly I had always wondered who you were since I was familiar with everyone at that convention that was involved with BitShares. I guessed you were Murderistic, but never knew until that picture was posted with you in.  Anyway, good luck on your endeavors and spreading blockchain technology to the gambling world out of the kindness of your heart.

I provided a name, and I belive a few others stood for me, but the vitriol displayed seemed to dissuade me from even attempting to reason with people.

I appreciate the comment, though it seems not genuine - "good luck - out of the kindness of your heart."

Save it if you are going to pretend you care [member=13110]gamey[/member].

ps - re: scam reread your comments, you said scam, scammy, etc  that's enough. and you know it.

pps - this forum is like my teenage son, it stinks - it doesn't know what it wants, it's unstable and generally unreliable.

I said "I wrote you off as a fraud".  I didn't say anything about your specific actions in business just as how you came across to me. I didn't use scam, scamming or whatever. Again, those are your words. I have reread what I said more than once now.  You can keep trying to rewrite what is going on, but I honestly have no reason to think you're a scammer. I didn't know who you were. You were just some dude with arm tats telling me how he made an easy million.

 I personally don't care, it is just that this was finally solved for me. That dude is Murderistic. Nothing more. I should have just kept my mouth quiet.

I'm not sure about this forum, back in the day it was quite a useful place although I will admit some passion was misplaced by users at times. It is an easy scapegoat, and has always been that way with certain types. I'm seeing it here.. pathetic.

I'm sure you're a smart guy and good at whatever marketing type stuff you do.  For real. I was poking fun about you about the gambling project that was for the good of mankind, but that was your spin.... now you act all hurt. Epic.

LOL. 

We all know why this community here is toxic - it begins with the general attitude displayed in your comments - and your friends.

Not playful.

Either way, enjoy knowing everything - this "fraudster" paid $10,000+ to advertisers and referrers that brought over 1k new people to steemit today.

People who don't like truth/transparency do not like this forum. That doesn't make it toxic. There has been tons of good stuff on this forum. Just that when people don't like what they're reading, they blame the forum.

Really you strike me as a petty man. Going around bragging about money issues still. Good stuff.

I have little in BitShares and nothing in Steem. I'm glad Steem has taken off, just because I like some of the people in that community and like to see nice people do well.
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Offline Samupaha

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #76 on: August 05, 2016, 06:04:39 pm »
Because the thread was started by an outsider to our community who has never contributed anything to bitshares and who only joined this forum to promote his own article elsewhere and who is now here only to spread FUD.

You think he is here posting again now, after a long absence,  in order to add to our community or the development of BitShares?  Give yourself a shake of the head.

If you read the OP, you can see that he came here to warn us about well known scammers. That is really valuable for Bitshares. Or at least it would be, if people just took him seriously...

I've been researching Lyford and Banx for the last few days and the more I read about them, the more convinced I am that he is a real scammer. DeMartino has been completely right.

This is my latest post on Steem: https://steemit.com/marklyford/@ samupaha/the-case-of-banx-and-c-cex (copypaste the link and remove the space)
« Last Edit: August 05, 2016, 06:06:13 pm by Samupaha »

Offline TaleRecursion

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #77 on: August 05, 2016, 06:27:27 pm »
For the record, if anyone attempts to delete this thread, I'll put a copy on Steem.

Offline fav

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #78 on: August 05, 2016, 07:05:56 pm »
For the record, if anyone attempts to delete this thread, I'll put a copy on Steem.

it's fine, in case something happens to this thread and I am unable to reconstruct it there's an archive of it http://archive.ec/nvxEz

I hate censorship.
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Offline tbone

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #79 on: August 05, 2016, 08:43:25 pm »
[member=19185]Murderistic[/member], I think it's a real misstep to let Mark be the face of of your marketing campaign.  While it may be unfair to label him a scammer, it is very clear that he is not a good business person.  Fact is, he did at the very least ROYALLY screw up and lost a bunch of money for a bunch of people.  And yeah, it doesn't look good from the outside looking in.  But again, in a civilized society where people have the right to due process, and there are laws against slandering/libeling others (as there should be), no one should be claiming with any certainty that he is a scammer.  Having said that, he has rightfully earned a poor reputation.  You should understand that and act accordingly i.e. NOT let him be the front man of any marketing campaign.   

Surely you can see why many bristle at the idea of Mark's face being on the campaign.  To begin with, this type of marketing often has a negative perception on its own.  Although of course it's unfair to assume that it's a scam, that there's spyware involved, etc.  Spyware in this case?  Really, people? 

Also, as far as having this style of marketing campaign associated with Steemit, the fact is that others are going to do it anyway.  That is the plain reality.  There are tons of these showing how to make money with Facebook, for example.  Does that reflect on Facebook?  I seriously doubt it.  So that's just not an overriding factor for anyone thinking rationally and objectively.  But I do have a couple of real problems.  First, I object to using the Steemit logo in the campaign, or otherwise making it look anything like the offering is sponsored by Steemit.  Also, I agree with [member=31]fav[/member] about the bots information.  That is not helpful at all.  And I don't think it's helpful to bill Steemit as a way to get rich quick. 

As for the reason this thread started to begin with, I will just say this.  I personally appreciate investigative journalism or anyone's attempt to uncover a scam or fraud.  But it appears Ian DeMartino is trying to make a very circumstantial case against Michael Taggart based on a couple of erroneous bits of information on a website, and based on his association with Mark Lyford (who himself has only been shown to be a shitty business person). That's pretty flimsy.   Generally speaking, unless you have conclusive evidence, you better not go beyond warning the public about any poor business practices you have uncovered (which is clearly the case with Mark).  In other words, stick to the facts.  Be professional.  And follow the law.  Otherwise you may be worse than the person you are accusing.
« Last Edit: August 05, 2016, 08:45:51 pm by tbone »

Offline Samupaha

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #80 on: August 06, 2016, 11:49:38 am »
1. I was never a part of BANX.  EVER.  I consulted with Mark at times on cases of marketing.  I didn't have anything to do with the decisions he ultimately made there.
I would like to confirm that Michael had never been a part of Banx and has only ever assisted me with marketing consultancy.

What about other way around... has Banx ever been in involved with Michael? Apparently Banx owns (or owned?) half of Remittio. If there is a discussion about relationship between Michael and Banx, don't you think this is something that would be fair to mention?



Screenshot taken from BanxCapital.com.

Would you mind telling how Banx aqcuired the shares? Were they bought with the money that came from Banx investors? Or did Michael just gave half of the company to Banx?

A little bit more on this... according to this pdf, there were quite clearly something more going on than just marketing consulting.

Quote
"Banx owns 50% of Remittio."

"Remember, Banx Shares holders ultimately get a part of the profits from Remittio, Lotto Shares and CrowdMy.com."

"We are working closely with Michael Taggart and his staff, dealing with display advertising for the DMR [Digital Money Revolution] funnel."

"We have some exciting news about DMT [DigitalMoneyTimes.com]. Michael Taggart and I have struck a deal for his company to take 50% of this website."

"We currently have over $25,000 of investment into Lotto Shares."

"CrowdMy.com will be a 50/50 partnership company with Banx and Michael Taggart’s company."

That was the message for Banx investors. They were promised profits from companies owned by Michael Taggart. No wonder that somebody could think that Michael was actually heavily involved in Banx and not only gave some marketing advice.

Offline Murderistic

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #81 on: August 06, 2016, 10:40:32 pm »
wow you guys are still going here....wow .

As for the marketing campaign - it is going stunningly well, thanks for your concern HA.

Offline Samupaha

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #82 on: August 07, 2016, 05:57:21 am »
wow you guys are still going here....wow .

And I will be going on. I sincerely think that you and Lyford are hurting both Bitshares and Steem with you presence. Lyford is a scammer and healthy communities should kick everybody like him far away. By fiercely defending him you are implying that you are exactly the same kind of person.

Offline ag

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #83 on: August 07, 2016, 09:06:51 am »
What's funny to me is murderistic post on steemit denouncing trump, calling his supporters fools:
https://steemit.com/wtf/[member=27636]michaelx[/member]/trump-officially-nominated-by-rnc-in-other-news-the-world-is-officially-over-lol

Quote
Half of America is officially Crazy, and the OTHER half is even Nuttier!

Good Lord.

Where should I move?

But what would you expect from people that brag about their millions of dollars, and start businesses that make exaggerated claims and rip of its customers ( ex: Trump University ). It's the trump standard of integrity, which includes the zero possibility of any admission of self responsibility. And if we want to be  nice, the inability to understand the ethical wrongness of their actions.
« Last Edit: August 07, 2016, 09:08:58 am by ag »

Offline D4vegee

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #84 on: August 07, 2016, 06:36:12 pm »
What's funny to me is murderistic post on steemit denouncing trump, calling his supporters fools:
https://steemit.com/wtf/[member=27636]michaelx[/member]/trump-officially-nominated-by-rnc-in-other-news-the-world-is-officially-over-lol

Quote
Half of America is officially Crazy, and the OTHER half is even Nuttier!

Good Lord.

Where should I move?

But what would you expect from people that brag about their millions of dollars, and start businesses that make exaggerated claims and rip of its customers ( ex: Trump University ). It's the trump standard of integrity, which includes the zero possibility of any admission of self responsibility. And if we want to be  nice, the inability to understand the ethical wrongness of their actions.
+5.

To me, if one is constantly accused of been a scammer, and his defense all the more defensive.. It doesn't take a brain surgeon to work it out.

I don't even know why I bother reading this forum anymore, the BTS ethos has evolved around lies and scandal. I invested a lot of hard earned money into this project. Only to see it dwindle thanks to fake announcements and cowboys (per this topic). Then the core developer jumping ship with a project funded by us idiot investors!

Wish id listened to other forum members earlier.


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Offline Stan

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #85 on: August 08, 2016, 03:16:43 am »
This may be the one time in your life when you will be pleased to know that everything you just posted is completely wrong.

Perhaps now you will sleep better.

:)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Stan

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #86 on: August 08, 2016, 03:19:13 am »


Semper Fi.   :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline hammurabi

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #87 on: August 08, 2016, 04:14:55 am »


Semper Fi.   :)

Ain't forgetting anybody? :)



Offline xeroc

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #88 on: August 08, 2016, 08:27:59 am »
[member=19185]Murderistic[/member], I think it's a real misstep to let Mark be the face of of your marketing campaign.  While it may be unfair to label him a scammer, it is very clear that he is not a good business person.  Fact is, he did at the very least ROYALLY screw up and lost a bunch of money for a bunch of people.  And yeah, it doesn't look good from the outside looking in.  But again, in a civilized society where people have the right to due process, and there are laws against slandering/libeling others (as there should be), no one should be claiming with any certainty that he is a scammer.  Having said that, he has rightfully earned a poor reputation.  You should understand that and act accordingly i.e. NOT let him be the front man of any marketing campaign.   

Surely you can see why many bristle at the idea of Mark's face being on the campaign.  To begin with, this type of marketing often has a negative perception on its own.  Although of course it's unfair to assume that it's a scam, that there's spyware involved, etc.  Spyware in this case?  Really, people? 

Also, as far as having this style of marketing campaign associated with Steemit, the fact is that others are going to do it anyway.  That is the plain reality.  There are tons of these showing how to make money with Facebook, for example.  Does that reflect on Facebook?  I seriously doubt it.  So that's just not an overriding factor for anyone thinking rationally and objectively.  But I do have a couple of real problems.  First, I object to using the Steemit logo in the campaign, or otherwise making it look anything like the offering is sponsored by Steemit.  Also, I agree with [member=31]fav[/member] about the bots information.  That is not helpful at all.  And I don't think it's helpful to bill Steemit as a way to get rich quick. 

As for the reason this thread started to begin with, I will just say this.  I personally appreciate investigative journalism or anyone's attempt to uncover a scam or fraud.  But it appears Ian DeMartino is trying to make a very circumstantial case against Michael Taggart based on a couple of erroneous bits of information on a website, and based on his association with Mark Lyford (who himself has only been shown to be a shitty business person). That's pretty flimsy.   Generally speaking, unless you have conclusive evidence, you better not go beyond warning the public about any poor business practices you have uncovered (which is clearly the case with Mark).  In other words, stick to the facts.  Be professional.  And follow the law.  Otherwise you may be worse than the person you are accusing.

This!!

If you guys missed it .. read it again!
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline Samupaha

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Re: Michael Taggart claims to be BitShares Co-founder?
« Reply #89 on: August 08, 2016, 02:04:56 pm »
[member=19185]Murderistic[/member], I think it's a real misstep to let Mark be the face of of your marketing campaign.  While it may be unfair to label him a scammer, it is very clear that he is not a good business person.  Fact is, he did at the very least ROYALLY screw up and lost a bunch of money for a bunch of people.  And yeah, it doesn't look good from the outside looking in.  But again, in a civilized society where people have the right to due process, and there are laws against slandering/libeling others (as there should be), no one should be claiming with any certainty that he is a scammer.   

As I've been digging into Banx case for the last few days, I've become very convinced that there is no way it could have been legitimate business. Lyford has been lying, deceiving and misleading people the whole time. When somebody criticizes him, he just denies it aggressively and usually calls the critic "troll" or "hater" who doesn't know anything. Many times he just deletes all messages that he doesn't agree with. Apparently he thinks that if he denies his fraudulent behavior enough many times, people will believe him. So he just continues to do that even when the evidence is totally clear.

According to the messages in Bitcointalk, investors are not happy and Lyford is under investigation. I'd be surprised if he doesn't go to jail because of Banx.

Quote
Here's something that all of Lyford's investors should be looking at, what exactly has he closed down?, there are no formal filings with companies house that I can see so perhaps all he has done is turn off the website & turn his back?, is he naive enough to think that this will suffice?
Then the question arises, what entity exactly sold the shares to the investors>, was it Banx Ltd?, if so than a formal liquidation needs to occur with a full winding up process undertaken with final tax returns filed,
or was it Mark Lyford as an individual? in which case, given that you cannot liquidate an individual if he cannot repay the investors he will need to file for personal bankruptcy (again), this will be a good thing as it will kill his directorships of any other company he may be associated with & offers the investors the opportunity to pursue adversarial proceedings against him to deny him bankruptcy protection from his debts,in other words, kill his credit for at least 20 years,small token,
something to watch
source

Quote
a UK based investor managed to track Lyford down yesterday via 'phone, Lyford agreed to meet the investor to offer an explanation of what had caused the problems & a way forward, no one will be surprised to read that Lyford was a no show, no explanation no excuse he simply didn't turn up, he is a sociopath, he simply does not care about anyone but himself & he will do whatever it takes to get what he wants, he has hurt a lot of people & it means absolutely nothing to him, now the situation is that he sees himself as the victim, after all he has done for everyone!!
anyway, the investor went straight to the police & filed a complaint, best thing he could have done given the circumstances,
source

Quote
"I know Mark didn't set out to scam everyone"

well,maybe not "everyone" but it's close, for my part I know that he stole $30k from me & tried to grab an additional $150k during 2015 & into 2016,in my opinion what he presented to me was pure fabrication from day one, the profits that were allegedly being generated and which he added to my balance statements (giving me a total declared value of $52k in Dec 2015) were bogus & had never been achieved by any legitimate means, (net value today $6.41...........maybe!)

The sheer length of time that Mark kept this scam running could very well be his undoing, there is no logical,sensible or believable explanation for what he was doing or why, we have a total mix of initial inducement to misrepresentation to bogus profit shares to a total lack of fiduciary duty,
source

Quote
As of now I have managed to connect with 7 of Lyfords investors, we are uniting to lodge formal complaints with various authorities, is there any other investor out there that may want to join in?, you can message me via this forum,
I have to say that after talking to my fellow investors that this situation is nothing at all to do with bad luck, it has nothing to do with the world not being ready for Lyford's business, it has everything to do with it being a concerted effort by a morally bankrupt Lyford to scam as much money as possible from wherever he could get his thieving hands on it, he has lied & misled everyone, he is even now still trying to buy time to avert any negative action,
If you are an investor or anyone here knows of anyone that has opted to believe in Lyford at this late stage & to give him time to make things right, get in touch, share your experience, you will find that he is not legitimate, he has no plans to make anyone whole, I'm wondering where the off-shore money is stashed & just when he will hightail it out of Dodge,
Lyford is a con, it is that simple,
source

Quote
He deleted his post on Facebook and therefore all the comments that went with it.

I saw four of the comments he got before it was deleted:

*Begin copy/paste from FB*

Commenter number 1
Think you should hold your hands up and be a bit more truthful Mark. Half a million dollers investment and u created fuck all. Most investors are going to be wondering where the money has gone coz i believe you used Banx shares to pay for the exchange and other services etc. It was only one month ago you were mivering me for more money for investment when you know the company had already collapsed. I can honestly say the trolls were 100% correct, you were running a ponzi scheme and u were caught out. Everything they said was true and the worst scenario for investors has come to pass. I think you owe investors some detailed transparency of where the funds have gone coz as i've said u created next to nothing with alot of money. I hate to say this but its true, your monthly updates in videos etc have proven you to be either full of shit or your living in some kind of dreamworld. I hope you do the correct thing and produce some legitimate transparency where investors can see that you have'nt spunked the investment on other things. Most people as you said yourself invested in you, what a mistake this has proven to be

Commenter number 2
I couldn't have put it better myself

Commenter number 3
Well said Commenter number 1! Turns out the so called trolls have been right about this clown all along! He's spanked away half a million dollars and told us nothing but a pack of lies from day 1. My friends and I invested over £100k into this shambles of a company. I wonder how much of our money he actually has left in his bank? That's a nice big house he's sitting in, who's paying for that? (There were a list of names here) where has our money gone? No transparency whatsoever. Just smoke and mirrors!

Commenter number 2
All the bullshit he's been posting on the forum for the last few months as well. Whilst all long knowing this day was coming. What a scumbag of a human he turned out to be.

*End copy/paste from FB*
source

As for the reason this thread started to begin with, I will just say this.  I personally appreciate investigative journalism or anyone's attempt to uncover a scam or fraud.  But it appears Ian DeMartino is trying to make a very circumstantial case against Michael Taggart based on a couple of erroneous bits of information on a website, and based on his association with Mark Lyford (who himself has only been shown to be a shitty business person). That's pretty flimsy.   Generally speaking, unless you have conclusive evidence, you better not go beyond warning the public about any poor business practices you have uncovered (which is clearly the case with Mark).  In other words, stick to the facts.  Be professional.  And follow the law.  Otherwise you may be worse than the person you are accusing.

According to this pdf, Banx and Taggart have been business partners. It's dated 5th November 2015 when it should have been totally clear to everybody that Banx was a scam that will fail very soon. I don't believe that Michael could have been unaware how Banx was conducting it's "business". After all, he and Mark seem to be good friends. The fact that Michael is still defending Mark so eagerly indicates that either he is a scammer too (but much better hiding his trails) or he is living in totally different reality (he is incapable of being aware of scams even when he is actively taking part in them).

So we are really talking about a real scam here. There is no way anybody can deny it, the evidence is clear. If [member=19185]Murderistic[/member] wants to clear his name, he should at least publish all relevant financial information from the companies that were in business partnership with Banx to show that they were actually doing something legitimate. But given that he tried to hide the realtionship in this very thread makes me believe that we are not going to see anything else besides insults from him.