BREAKING NEWS: The largest scam in eRepublik history
batterytime
http://www.erepublik.com/en/article/-updated-t-jelle-bank-important-news-regarding-banned-org-1091127/1/20
BREAKING NEWS
THE LARGEST SCAM IN EREPUBLIK HISTORY
CALIFORNIA, USA — Today the admins banned through an entire ring of banks and high-profile orgs, after a simple scam uncovered the whole situation. The Monetary Bank of Sweden, an org created for the purpose of the scam, posted this in the forums:
http://www.erepublik.com/en/forum/topic/140758/contract-between-the-mbs-and-investors/1
The scam was done again a few weeks later, under the org of Majestic Leaf Bank, with this forum threa
😛
http://www.erepublik.com/en/forum/topic/144348/play-at-the-monetary-market-with-us/1
The investors of the scam signed this contract (http://www.erepublik.com/en/forum/topic/140758/contract-between-the-mbs-and-investors/1) which has recently been successfully contested with trials, resulting in most of the investors receiving their money back.
The MBS scam however was only the tip of the iceberg of the largest scam in the history of eRepublik. The admins, after finding out about the initial MBS scam from the scores of enraged investors, unearthed the largest scam in history, banning tens of orgs and citizens, containing thousands of gold of assets. Below is a short list of some of the banne
😛
Robert Tissot, Owner of MBS: http://www.erepublik.com/en/citizen/profile/2138733
Swiss Industries, linked with Robert Tissot: http://www.erepublik.com/en/organization/2137778
Cathair Cathal, linked with Robert Tissot and Swiss Industries: http://www.erepublik.com/en/citizen/profile/1796199
Victory Bank, linked with Cathair Cathal and Swiss Industries: http://www.erepublik.com/en/organization/1718687
Standard Bank, linked with Cathair Cathal: http://www.erepublik.com/en/organization/1718687
North Kanata, linked with Victory Bank, Arctic Enterprises, Northern Enterprises, Environmental Enterprises: http://www.erepublik.com/en/citizen/profile/1913627
Northern Enterprises, linked with North Kanata, Arctic Enterprises and Environmental Enterprises: http://www.erepublik.com/en/organization/2007417
Arctic Enterprises, linked with North Kanata, Northern Enterprises and Environmental Enterprises: http://www.erepublik.com/en/organization/1956917
Environmental Enterprises, linked with North Kanata, Arctic Enterprises and Northern Enterprises: http://www.erepublik.com/en/organization/2096294
Johny Gomez, owner of Standard Bank: http://www.erepublik.com/en/citizen/profile/1250438
Standard Bank Corporate Wing: http://www.erepublik.com/en/organization/2173982
Patriots of America, linked with Victory Bank: http://www.erepublik.com/en/organization/1678549
Thousands of gold and companies worth thousands more were banned in one of the largest crackdowns on cheating done by the admins ever.
t'jelle Bank
Innocent bank caught up in the storm
t'jelle bank and it's Bank Vault 1A were also banned today, as AidenAstrup, the owner of the long standing t'jelle bank, had hired Batterytime and Johny Gomez to be interns at t'jelle bank.
http://www.erepublik.com/en/article/we-have-2-new-interns-here-at-t-jelle--1061965/1/20
Johny Gomez was one of the participants in the scam ring, and was banned, and having been an intern at t'jelle, logged into t'jelle Bank Vault 1A as part of his internship duties. This led to the permaban of the vault, and t'jelle bank has lost thousands of gold in deposits due this occurrence. t'jelle however had nothing to do with the major scam ring, but was rather victimized by the scam ring participant, Johny Gomez.
Below is Aiden's report of the incident:
http://www.erepublik.com/en/article/-updated-t-jelle-bank-important-news-regarding-banned-org-1091127/1/20
This is a breaking news story. Updates will be available as they occur.
~Batterytime
Comments
FIRST DENIED.
darn 🙁
Wow.....
NICE WORK
Great recap
Indeed. I have contacted Gomez to see what damages can be reversed. This is, however, a very sad day for all financial institutions whether they were banned or not. It is very sad indeed to see innocent organizations, banks and citizens get caught up in the immoral actions of a greedy citizen.
I hope that this situation can be cleaned up swiftly and without much collateral damage.
Bernie Madoff of erep?
Wowza.
Holy Shi-
30% interest every week? No one had any suspiscions about that? ',😐
http://www.erepublik.com/en/newspaper/my-america-206630/1" target="_blank">http://www.erepublik.com/en/newspaper/my[..]630/1
Hot damn, aren't banks the best?
voted
voted for great justice.
So he basically ran a Ponzi scheme? Good man.
Thousands of gold in banned accounts. \o/
Wow ... wonder what will happen with t'Jelle
Very nice!
Sooner or later. Why is anyone surprised?
Gullible investors pouring their gold into these so called "banks" without knowing anything about the people running them behind or the banks themselves.
This game really does imitate real life! Greedy investment bankers as if there are any other kind 😃
Wow 😮
Also, there's no such thing as "innocent investors". Shareholders and creditors, who willing gave up their money to these scammers without doing their due diligence, must be penalized for their stupid actions by a minimum loss imposed on their investments.
In the real world, when a bank(or any company for that matter) goes belly up, common shareholders get wiped out, and bond holders settling for severe losses on their investments, why should it be any different in eRepublic?
Of course, it was based in Switzerland
AidenAstrup x2
And once again capitalism shows its failure.
Johnny Gomez is from Pakistan. Print this there.
Wow nice reporting.
Thank god the bank I have a savings account for wasn't caught up in this. This is why I always have a contract on hand 😉 Voted
Good job North Kanata aka Andrew Mendelson aka PTO artist
http://www.tinyurl.com/NOPTO" target="_blank">http://www.tinyurl.com/NOPTO
And innocent people and organizations caught in the draft, usually is atleast.
Intense.
~hyuu~
I'm glad this is being cleared up so quickly. When I saw t'jelle had been banned I knew there must have been a mistake. You have my trust and best wishes in getting this resolved.
Thank goodness, I hope that no one who didn't deserve it got banned, but those scammers are ruining the fun for everyone else!!
One of those scammers tried to loan me gold, happy I declined.
Cro Bank is clean 🙂 🙂 🙂
Come invest with us!!! 😃
nice to hear they actually banned someone or something
I know of a bigger scam
@Erumaron
yes, preaty big Scam is your PTOjig eJapan!
good old Ponzi schemes
"This game really does imitate real life! Greedy investment bankers as if there are any other kind 😃"
No, this game shows that humans are humans. You cant do shit about it.
this might cause an Erepublik ECONOMIC CRISIS!
People who believe humans are inherently criminals by nature do the human race a disservice.
Nice article. Good recap.
how can the average consumer-player tell the difference between a "good bank" and a "bad bank"? how about a follow-up with some guidelines and a list of "red flags" to look out for?
same goes for the Lotteries and Raffles..
the great proliferation of dishonest Raffle/Lottery and Bank/Investment Groups is enough for the cautious player to just stay out of any of them.
what's next, eRepublik Lawyers who might charge fees to write contracts or argue Admin penalties? another unregulated hustle industry?
Gomez is innocent.
This sucks. My organization had money invested with the US branch of Standard Bank which has been banned. Does this mean I lost the gold I invested? 🙁
Great journalism!
Wow, thanks for posting this and keeping us in the know.
@NickM510 - t'jelle Bank is attempting to gain a list of depositors at Standard Bank and cover some of their lost assets.