Author Topic: Scam Alert Sungames  (Read 509580 times)

Offline Drago

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Re: Scam Alert Sungames
« Reply #560 on: August 28, 2014, 01:27:02 PM »
According to LinkedIn profile of Avi wachsler he runs a camp in monsey that's probably why all his victims are from there.
What is YNJ?

Offline Ergel

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Re: Scam Alert Sungames
« Reply #561 on: August 28, 2014, 01:27:32 PM »
Yeshiva North Jersey. Rightish MO elementary school
Life isn't about checking the boxes. Nobody cares.

Offline AbeBerkowitz

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Re: Scam Alert Sungames
« Reply #562 on: August 28, 2014, 02:45:37 PM »
 Its amazing to see and hear the name of the yeshivas that have invested. They all dont have money. Why did they just not invest in a real legit investments that brings real returns.
 

Offline Emkay

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Re: Scam Alert Sungames
« Reply #563 on: August 28, 2014, 03:33:22 PM »

Its amazing to see and hear the name of the yeshivas that have invested. They all dont have money.
incorrect

Offline AbeBerkowitz

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Re: Scam Alert Sungames
« Reply #564 on: August 28, 2014, 03:44:59 PM »
 The yeshivas i know that are involved dont have money. One of them is practically banktupt.
  There is a known tzedaka that is involved-  and i heard they put in big money- how are they allowed ?

Offline Dan

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Re: Scam Alert Sungames
« Reply #565 on: August 28, 2014, 04:29:01 PM »
Where are these lists?
Anyone want to anonymously post it here?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Emkay

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Re: Scam Alert Sungames
« Reply #566 on: August 28, 2014, 04:45:58 PM »

Where are these lists?
Anyone want to anonymously post it here?
what good can come of it

Offline Drago

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Re: Scam Alert Sungames
« Reply #567 on: August 28, 2014, 04:47:06 PM »
what good can come of it
Shame and name institutions frittering away money that was entrusted to them.
Best way to prevent it from happening in the future since many of these places have minimal financial oversight.

Offline sky121

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Re: Scam Alert Sungames
« Reply #568 on: August 28, 2014, 04:53:30 PM »
Maybe someone can get a 'victim' to share their story on the site?
"Not all who wander are lost"

Offline Emkay

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Re: Scam Alert Sungames
« Reply #569 on: August 28, 2014, 04:55:41 PM »

Maybe someone can get a 'victim' to share their story on the site?
theres no damn story! They were convinced of get rich quick and they lost money quick

Offline Menachem613

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Re: Scam Alert Sungames
« Reply #570 on: August 28, 2014, 04:55:42 PM »

what good can come of it

Sunlight is the best disinfectant.

Offline Emkay

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Re: Scam Alert Sungames
« Reply #571 on: August 28, 2014, 04:58:13 PM »

Shame and name institutions frittering away money that was entrusted to them.
Best way to prevent it from happening in the future since many of these places have minimal financial oversight.
shame them for what?? For being financially unintelligent? They honestly thought they were doing what was in the best interests of their institution. Most of them are probably were probably not aware of any sinister doings on anyones part

Offline yaakov s

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Re: Scam Alert Sungames
« Reply #572 on: August 28, 2014, 05:00:15 PM »
shame them for what?? For being financially unintelligent? They honestly thought they were doing what was in the best interests of their institution. Most of them are probably were probably not aware of any sinister doings on anyones part
If true...

Then they shouldn't be allowed control over money

Offline etech0

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Re: Scam Alert Sungames
« Reply #573 on: August 28, 2014, 05:01:38 PM »
shame them for what?? For being financially unintelligent? They honestly thought they were doing what was in the best interests of their institution. Most of them are probably were probably not aware of any sinister doings on anyones part
+1
I'm not a rav but this feels like L"H to me... even if some of them knew this was a bad idea, doesn't mean they all knew...
Workflowy. You won't know what you're missing until you try it.

Offline yechielM1

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Re: Scam Alert Sungames
« Reply #574 on: August 28, 2014, 05:09:25 PM »
Ya I agree I would be carful about LH

Offline sky121

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Re: Scam Alert Sungames
« Reply #575 on: August 28, 2014, 05:10:55 PM »
theres no damn story! They were convinced of get rich quick and they lost money quick

That's a story. Hearing an actual victims case may help others to open their eyes.
"Not all who wander are lost"

Offline etech0

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Re: Scam Alert Sungames
« Reply #576 on: August 28, 2014, 05:17:40 PM »
That's a story. Hearing an actual victims case may help others to open their eyes.
And may cause the actual victims embarrassment. What if it was you C"V who made this kind of mistake. Would you want your name posted online as the one who fell for it and was taken advantage of?
Workflowy. You won't know what you're missing until you try it.

Offline Achas Veachas

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Re: Scam Alert Sungames
« Reply #577 on: August 28, 2014, 05:18:39 PM »
And may cause the actual victims embarrassment. What if it was you C"V who made this kind of mistake. Would you want your name posted online as the one who fell for it and was taken advantage of?
Doesn't have to be with name...

Offline Saver2000

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Re: Scam Alert Sungames
« Reply #578 on: August 28, 2014, 05:21:26 PM »
shame them for what?? For being financially unintelligent? They honestly thought they were doing what was in the best interests of their institution. Most of them are probably were probably not aware of any sinister doings on anyones part
Huh? Since when is a rosh yeshiva qualified to make financial decisions? 
(some are,  but obviously some aren't)

I know of a rosh yeshiva that was approached with a similar "money making opportunity".

The proposed plan was to have a mailing sent out to all the parents of the student body,  and have them sign up as well,  and the yeshiva would get a referral/commission for each one.

Although it sounded very enticing (since,  ultimately, the financial obligations of the yeshiva fall on to the rosh yeshiva),  he told them that he needs to speak to the board of the yeshiva.

Bh the board members consist of "experienced" businessmen (As opposed to some shnuk who thinks he knows everything). They heard out the "opportunity" and advised the rosh yeshiva to keep himself and his parent body out of it. 
Long story short : a few months later it went bust.

My point isn't that it went bust.  My point is that any institution with a board -  had they consulted with thier  board,  they would he tol to stay away.
If they don't have a board -  that's a different major issue.

Just Bec ssomeone can be a rosh yeshiva or open an organization -  doesn't mean he has any experience in the business world.

/rant

Offline Menachem613

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Re: Scam Alert Sungames
« Reply #579 on: August 28, 2014, 05:29:01 PM »

shame them for what?? For being financially unintelligent? They honestly thought they were doing what was in the best interests of their institution. Most of them are probably were probably not aware of any sinister doings on anyones part

There really is no need to shame them. They will probably out themselves and ask the public for money to recoup their unforeseen loses.