Author Topic: Scam Alert Sungames  (Read 276145 times)

Offline TimT

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Re: Scam Alert Sungames
« Reply #945 on: December 01, 2014, 10:13:57 AM »
Agreed. All leaders monitor this site daily. It's been quiet for a while so they thought they can get away with yet another doozy of a scam. Perhaps we can save just one person from investing again. Isn't it worthwhile then?!
Are you saying that people who read through this entire thread are still investing by them ?

Offline disko7

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Re: Scam Alert Sungames
« Reply #946 on: December 01, 2014, 10:14:28 AM »

Are you saying that people who read through this entire thread are still investing by them ?

Bingo. Not just that they are rallying others to invest too!

Offline TimT

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Re: Scam Alert Sungames
« Reply #947 on: December 01, 2014, 10:16:28 AM »
Bingo. Not just that they are rallying others to invest too!
Aha. But another update will change all that ?

Offline disko7

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Re: Scam Alert Sungames
« Reply #948 on: December 01, 2014, 10:20:09 AM »

Aha. But another update will change all that ?

Just might. Who knows. If these people know that the process has begun of reporting Sungames to DA, SEC, Attorney General... maybe they'd do right thing and step forward first. Say that they are in over their heads, even cooperate with the authorities and get some of their $$$ back LEGITIMATELY. 

Offline AbeBerkowitz

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Re: Scam Alert Sungames
« Reply #949 on: December 01, 2014, 10:22:09 AM »
 The leaders will see that people are on to them.
 Maybe these updates have held people back from giving more money. It may open some eyes and hold some back from giving more.

Offline DannyNJ

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Re: Scam Alert Sungames
« Reply #950 on: December 01, 2014, 10:26:41 AM »
Are you saying that people who read through this entire thread are still investing by them ?

Yes, even the investors who read this continue to believe. You have to understand, there are 2 types of these "investors"

1. Really stupid and naive people who simply drink the kool-aid because of the scammers' reputation, and take comfort in the constant email and phone updates provided by the scammers.

2. Really stupid and naive people who after reading all of our posts, became educated, but are still afraid to shake the boat because they don't want to jeopardize what they already put in and donít want to expose the scammers because of the frum tight-knit youíre-not-allowed-to-snitch community mentality that actually perpetuates the scam.

Because this scam continuously asks for more money, some folks in category 1 keep on giving, since they are told that by not doing so, they could jeopardize the whole deal. These posts deter the category 2 victims from giving more money.
« Last Edit: December 01, 2014, 10:33:00 AM by DannyNJ »

Offline MarkS

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Re: Scam Alert Sungames
« Reply #951 on: December 01, 2014, 10:26:58 AM »
Tim If the updates bother you so much then don't follow this thread!

Abe- If tzedakos are having dinners and the funds are going toward this then the donors have no clue and need to be informed.....  Im sure the direct investors know the names, but what about the regular guy who donates to a dinner campaign?  If the yeshiva's name is released they'll have to immediately stop giving.

Offline AbeBerkowitz

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Re: Scam Alert Sungames
« Reply #952 on: December 01, 2014, 10:34:15 AM »
 I cannot say for certain that they are taking money from tzedaka for this. I personally would not give because I do not believe that any Director of Tzedaka should be involved with  something like this. It would not surprise me if money coming in did go to this. That is what holds me back.
   

Offline sillypainter

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Re: Scam Alert Sungames
« Reply #953 on: December 01, 2014, 10:42:43 AM »
I think you guys are just smearing everybody here. I would say only 2 or 3 people "really" know what the truth is, and the rest have no flying clue of what's really going on. So stop bashing rabbis, they are really clueless victims like everybody else.

Offline Baruch

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Re: Scam Alert Sungames
« Reply #954 on: December 01, 2014, 10:44:14 AM »
If names were named, then the many readers of this forum will spread the name to others, who will in turn spread it to others etc. That would be enormous pressure. Chavrach chavra is lei.
When somebody thanks you for a favor you've done, respond "my pleasure", not "no problem".

Offline disko7

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Re: Scam Alert Sungames
« Reply #955 on: December 01, 2014, 10:44:19 AM »

I think you guys are just smearing everybody here. I would say only 2 or 3 people "really" know what the truth is, and the rest have no flying clue of what's really going on. So stop bashing rabbis, they are really clueless victims like everybody else.

That's where you are wrong. They aren't clueless. They are very much in the know. They are actively involved in all email threads and conference calls. Some are even large donors and have received finders fees as incentive to bring in business

Offline Baruch

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Re: Scam Alert Sungames
« Reply #956 on: December 01, 2014, 10:45:11 AM »
I think you guys are just smearing everybody here. I would say only 2 or 3 people "really" know what the truth is, and the rest have no flying clue of what's really going on. So stop bashing rabbis, they are really clueless victims like everybody else.
But someone clueless has the responsibility to know he's clueless, and not draw others into an investment when he's not qualified.
When somebody thanks you for a favor you've done, respond "my pleasure", not "no problem".

Offline disko7

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Re: Scam Alert Sungames
« Reply #957 on: December 01, 2014, 10:47:00 AM »

But someone clueless has the responsibility to know he's clueless, and not draw others into an investment when he's not qualified.

Correct. By writing what we are today we are giving opportunity for these leaders to step up and redeem themselves and salvage whatever reputation they can for sake of their innocent families.

Offline disko7

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Scam Alert Sungames
« Reply #958 on: December 01, 2014, 10:48:11 AM »
Correct. By writing what we are today we are giving opportunity for these leaders to step up and redeem themselves and salvage whatever reputation they can for sake of their innocent families.

Not to mention preventing a HUGE chilul Hashem from occurring. Nobody wants to see these rabbis paraded on the news walking their walk of shame to court.

Offline MarkS

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Re: Scam Alert Sungames
« Reply #959 on: December 01, 2014, 10:48:35 AM »
But someone clueless has the responsibility to know he's clueless, and not draw others into an investment when he's not qualified.
100%.

Whichever way you cut it people are being duped here.
Public pressure and rabbanim speaking out against this can do a lot to educate people and stop them from losing more money on this!