Martin Grunin - Facebook Ads Fraud - Bank Fraud - mgrunin

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All of this was already covered before this thread was even started... Do we really need two Grunin threads?

edit: does he not look incredibly tiny in that Lambo up there?

you already know the answer...

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[ame="http://www.youtube.com/watch?v=ag14Ao_xO4c"]Be First, Be Smarter or Cheat[/ame]
 
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I gave Martin Grunin the benefit of the doubt when he was going to do his $100,000 in 6 months challenge. I thought he was a grinder. I thought he earned his money by working hard. I was wrong. He is a cheater, a liar, and a scammer.

I only hope the little guy can correct his ways after he gets a nice judgment for Facebook's unpaid bills + attorney bills + damages, and possibly a short stint in a Federal Correctional Institution. I've had close friends have to serve time for white collar crimes - they have come out as better people. He's young enough that it won't ruin his life completely.

The moral of all of this is: Don't take shortcuts, kids. Are there ways to work smart and hard? Yes. Does getting rich take work? It does if you want it to last. If you try to game the system, take shortcuts, commit fraud, etc. - it may pay off short-term... But everyone gets their day. Today is Martin Grunin's day.

You Sir, are a phenomenal judge of character.

http://www.wickedfire.com/2182095-post55.html
 
There is coincidence. When someone does scams among people who are more or less similar to me this makes me a next possible victim. So I'm not going to have any deals with such people. If a person scams his clients or partners - it is bad to be his next client or partner. When he does this against big corporations only, especially in a foreign country - I'll care when I become a head of such corp (probably never). Until this that's the problem of the corporation and in no way I will care about this.
It is not, like, black or white, it is gray area as you rightly said.

I know, analogies are shit, but here's an analogy:
Who you fear the most - an aggressive crack addict from your neigborhood or a dictator who killed thousands or people, but in some lands afar?

Gray area? The guy forged bank statements and corporate email headers. The NYAG is having a field day.
 
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The thing is I like Martin, he seems like a good kid really but the point about 'big upping yourself' rather than 'stay under the radar' never seemed to occur to him. That's a mistake even if you aren't scamming... doing it while committing fraud is just absolutely mental! I'm guessing he thought the trading 'success' stuff would be a good way to 'cover up' his fraudulent activities somehow. I do hope he wasn't intent on banking from ripping off other investors at some point.

I guess the comment he made in the CEOsam video "Not a single star in the sky... you can have them all..." was not so tongue-in-cheek after all.

Chin up Martin, learn this valuable lesson and proceed with bettering yourself for your future. Take it as a serious lesson in fact.
 
There is coincidence. When someone does scams among people who are more or less similar to me this makes me a next possible victim. So I'm not going to have any deals with such people. If a person scams his clients or partners - it is bad to be his next client or partner. When he does this against big corporations only, especially in a foreign country - I'll care when I become a head of such corp (probably never). Until this that's the problem of the corporation and in no way I will care about this.
It is not, like, black or white, it is gray area as you rightly said.

I know, analogies are shit, but here's an analogy:
Who you fear the most - an aggressive crack addict from your neigborhood or a dictator who killed thousands or people, but in some lands afar?

Things are a bit different here than where you are. I envy you in some ways but not others. It's just a cultural difference on how business is done and what is or is not tolerated or considered wrong or illegal there vs here. I certainly agree on what you're saying by not wanting to be involved with that person in business in the future, and not worrying about it until or if it ever comes to be your problem. Things aren't so simple, but then again, we tend to want to be heard and acknowledged here for everything, whereas you, my Russian friendings, see it as rude and foolish. To each their own.

When I was a kid my father's good friend and biz partner at the time told me this line in Russian, and explained it later. It's so fuckin accurate. So I pass it back to you.

The fish rots from the head.
 
There is coincidence. When someone does scams among people who are more or less similar to me this makes me a next possible victim. So I'm not going to have any deals with such people. If a person scams his clients or partners - it is bad to be his next client or partner. When he does this against big corporations only, especially in a foreign country - I'll care when I become a head of such corp (probably never). Until this that's the problem of the corporation and in no way I will care about this.
It is not, like, black or white, it is gray area as you rightly said.

I'll never understand this type of "logic."

A scam is a scam is a scam. What on god's earth makes you believe that if someone would scam a gigantic corporation that they wouldn't do the same to you? If he's willing to run a scam on an entity that has the resources to reach into his asshole and tickle the back of his throat, what harm would he see in scamming some little fuck who doesn't have nearly as many resources to come after him with.

I may not know what minute you were born, but I know who that minute's sucker was.
 
Of course I uderstand this. This is the problem of the business owners, not mine. They have all the means to bring scammers to justice, nobody could deny this, and they will be in their rights when they do so. Still that's their problem and in no way I would help them in this or label the one who scammed them as 'bad' person. Anyone who scammed his friends or partners with $10, or who, for example, sells 'get rich cheap' ebooks to noobs, or sells something like 'penguin proof' backlinks is in order of magnitude worse than the man this thread is about.

That's the problem of Facebook, and let them handle it. They wouldn't care about my problems, I don't about their.

The victim isn't just Facebook, but the company and people whose identities he stole. How would you feel if someone used your name, company, and email address to run up $300k in credit, and a company then came chasing you for payment? Imagine the damage that would do to your/your company's credit rating if they reported it without your knowledge, etc, and all the hassle in resolving it?

Where do you draw the line, can I steal someone's identity, trash it, and move on to the next one?

Then of course there's the $300k that Facebook is owed.

Are you the sort of guy that thinks that it's cool to walk into Walmart and steal a bottle of vodka? That because it won't cripple the organisation, it's perfectly acceptable? That the person shouldn't be punished?
 
FB has, ostensibly, unlimited legal means to pursue this. A similar fraud was beset on GE Capital some 20Y ago. They were taken to the tune of six mil, but let it go because the damage in the press would have exceeded the puny $6MM write-off.

FB pursued this publicly for $350K. The guy is fucked, sideways. The only hope he had was to attempt to return the cash prior to a filing. The SA will have to pursue the bank fraud. It's a slam-dunk felony conviction.
 
You Sir, are a phenomenal judge of character.

http://www.wickedfire.com/2182095-post55.html

That was precisely what he said in his first line... that he did end up giving Martin, the benefit of doubt. Why chide him with these snarly remarks?

Even many who knew him outside of the internet were 'impressed' by his hustle. His portrayal was such. And he succeeded. Many on these boards were impressed by what he did. Mainly, because he was putting himself out there. Some sensed ulterior motives, and rightly so. Others called bullshit.

It's sad for him that the dominos began falling at the same time everywhere. His trades failed and then he was sued for the fraud that he allegedly committed in the past.

Martin,

You're young. You have your whole life ahead of you. You're likely to do time if indicted here. You have to fess up and accept that you were in the wrong. You tried to game the system and the system eventually caught up with you. Which it ALWAYS does. Face your punishments like a man and come out a better person. Don't think of doing anything dumb that would affect you or your family in the long run.

I have zero sympathy for you. But I still request you to stay strong and take what comes in a cultured manner.

I hope to see you around on the other side. A changed man. A better human being.
 
The kid wanted nothing but attention, everything he's done has always been "LOOK AT ME!!" From his rented baller vehicles, his reckless crashing of the rest of his vehicles, putting his real name everywhere on the Internet while scamming, and then his whole wall street wizard act. He probably never made much/any legitimate money, it seems like everything he had was funded by his Facebook scam. He might have picked a few lucky stocks along the way with that money but he was willing to lie cheat and steal just to keep up an the high roller successful image he wanted everyone to see.

He's going to get a lot of attention in prison and ever dollar he has left is going to be gone. He'll end up being a convicted felon with no employable skills so good luck with your climb back.
 
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