I literally do not understand. What is the other side of the story? Why would someone go through all this trouble of a fake investment? Clearing buying 10% of a company for 200k with no check is a game that only lasts for a few weeks???
A) sell the ad-space to random companies B) collect the money from the advertisers C) don't pay the host
The investment scam is:
Eventually own the web site without paying for it. Risk? Low: the owners don't have any money to pursue a legal judgement. It looks like he is getting away with it.
on a side note, it takes guts to post a story like this. most people don't admit when they are taken like this. they're lucky he didn't try to steal money from them directly.
And I believe the answer was that these guys basically displayed affiliate links that gave him cash when clicked.
> lucky he didn't try to steal money from them directly
Then we later find that he has been organising events within the building and setting himself up as an investor. So he is getting people to speak up to him and pitch to him and make him feel important.
Perhaps because my business partner and I treat people equally the money he was offering had to keep going up until he felt we viewed him in an way that was important or necessary.
perhaps he was waiting for us to be unreasonable so he could have a fight and pull out dramatically and no one would have to know he didnt have the cash, but we weren't unreasonable. I hear he was already faking evidence that he had paid his other invoices he owed.
I don't really understand what his game is and he wasn't charismatic at all, like I picture a con man to be. I'll let someone else work it out and focus on building