Martin Grunin - Facebook Ads Fraud - Bank Fraud - mgrunin

[REIMktg]

You called it. Hell I'm glad you're right. Now the criminal case can proceed.

The big question is if Martin is psychologically and physically prepared for what's about to happen next. Is he going to delude himself or will he take it on head first?

I can only hope he reads this thread and decides to cooperate, take the offer, develop then admit remorse (not for himself), then start to move forward with the steps to get this concluded. He may do some easy time. If he can see the light and just go through the system, cooperatively, he's young enough to recover if he simply goes straight from here forward. I can't see he has any other option - Foreign Legion?

 

[mpbiz]

Grunin if you're reading this thread, it's time to man up and come back to reality. Handle your shit, and maybe in 5-10 years you can begin a new chapter in your life. You're still young enough to recover, but you need to get your head straight.

 

[Kiopa_Matt]

Oh baby if you waste the court's time, then you're going to get a very harsh treatment from the judge. That's just how it goes. Judges can do whatever they want in THEIR court.

Well, not really. This is what? The 3rd or 4th judge now? Seems like Martin has notched his way up to a judge that knows he has enough respect, authority and power to hand out a bit of shit without repercussion. Hence the personal jabs. Just reading that PDF I thought to myself, "this guy knows full well he's flaunting the line between personal and professional, but he doesn't give a shit, because he knows nobody is going to give him shit for it".

For whatever reason the previous judges didn't want to take this case. Now it seems more like, "here's how it is, and here's how it's going to happen, debate fucken over".

Is that about right? Previous judges were somewhat low key, and the case is now notched up to a judge who doesn't mind smacking someone around if / when needed?

 

[poopie]

I can only hope he reads this thread and decides to cooperate, take the offer, develop then admit remorse (not for himself), then start to move forward with the steps to get this concluded. He may do some easy time. If he can see the light and just go through the system, cooperatively, he's young enough to recover if he simply goes straight from here forward. I can't see he has any other option - Foreign Legion?

There is no offer to take. He would need to establish his defense for the court in another motion. Stating that he didn't do it or that FB has no proof is absurd. They have the IPs, mail-drops, DNS records. He would also have to pay thousands to FB for the BS filings made by BRC before he could even present these (factual innocence) arguments in writing.

So assume that mgru files a motion to set the DJ aside one last time... he will have to front the billable hours to FB, more to his atty, and essentially state his defense to the court. Assume the judge grants it (no fucking way) -- he'll be back in court for a trial and FB will simply produce all the DNS, IPs, bank fraud, Imprezzio, Thinksmodo, and wire transfers.

The DJ is the best possible outcome for mgru. It forces any DA to do the legwork which they may not be inclined to do.

Financially the kid is ruined.

 

[REIMktg]

There is no offer to take. He would need to establish his defense for the court in another motion. Stating that he didn't do it or that FB has no proof is absurd. They have the IPs, mail-drops, DNS records. He would also have to pay thousands to FB for the BS filings made by BRC before he could even present these (factual innocence) arguments in writing.

So assume that mgru files a motion to set the DJ aside one last time... he will have to front the billable hours to FB, more to his atty, and essentially state his defense to the court. Assume the judge grants it (no fucking way) -- he'll be back in court for a trial and FB will simply produce all the DNS, IPs, bank fraud, Imprezzio, Thinksmodo, and wire transfers.

The DJ is the best possible outcome for mgru. It forces any DA to do the legwork which they may not be inclined to do.

Financially the kid is ruined.

I was talking about the inevitable criminal case.

 

[bluechinagroup]

Well, not really. This is what? The 3rd or 4th judge now?

This is the second judge. That's because the first judge excused himself; it wasn't because he was forced to pass it on to another judge.

Just reading that PDF I thought to myself, "this guy knows full well he's flaunting the line between personal and professional, but he doesn't give a shit, because he knows nobody is going to give him shit for it".

This is pretty normal for a judge if they're provoked by the defendant. In fact, judges can get much worse than this.

Martin clearly has no respect for the judicial system with his sovereign individual stunt, and that made the judge mad. It sucks to my Martin right now. It's only going to get worse for Martin from here on out.

 

[shindig]

This is the second judge. That's because the first judge excused himself; it wasn't because he was forced to pass it on to another judge.



This is pretty normal for a judge if they're provoked by the defendant. In fact, judges can get much worse than this.

Martin clearly has no respect for the judicial system with his sovereign individual stunt, and that made the judge mad. It sucks to my Martin right now. It's only going to get worse for Martin from here on out.

No, it's the 3rd judge...the first was a woman, then the guy that excluded himself, now the new guy...

 

[bluechinagroup]

The DJ is the best possible outcome for mgru. It forces any DA to do the legwork which they may not be inclined to do.

I'm sure Facebook's lawyers have an evidence pack prepared to make this as easy as possible for the DA/US attorney. The kid needs criminal action.

If Martin walks without criminal prosecution, it's going to send the wrong message to would-be con men.

Why bother paying Facebook for ads when you can scam them, hide the money offshore through a complex legal structure (something Martin didn't do, but somebody else might go through the trouble), and then take the lawsuit like a champ?

There's sophisticated and highly organized people out there that aren't afraid of civil lawsuits.

Let's see some deterrence via criminal prosecution. It has to happen.

 

[poopie]

The beautiful Lamborghini Murciélago LP640! - YouTube

Might be time for Gruster to get on the "Bat Phone" and rehire BRC!!!!

BRC! BRC! BRC!!!!!

"This one is semi-automatic" at 18-sec.

"The engine is right there in front of yourself -- the fiberglass is right on top of it"

 

[golan]

Why can't the judge join in on the fun? He's probably lurking in this thread.

.......

You called it. Hell I'm glad you're right.

Guyz, I know what poopie's real name is. Judge William Alsup!

:1orglaugh:


.

 

[mediasup]

If the Judgement holds I don't think Grunin will even be allowed to file BK since it could be considered fraud.

Debts Not Dischargeable

-debts obtained by fraud or false pretenses, and

-debts incurred as a result of willful and malicious injury to another or to the property of another.

 

[bluechinagroup]

If the Judgement holds I don't think Grunin will even be allowed to file BK since it could be considered fraud.

Debts Not Dischargeable

-debts obtained by fraud or false pretenses, and

-debts incurred as a result of willful and malicious injury to another or to the property of another.

No to worry. Martin is about to do the trades of his lifetime to be able to pay this shit off and hopefully avoid a criminal case as a result. Martin knows it's seriously do or die now. Either he walks away from this a successful trader, or he's going into the slammer and will be in debt for the rest of his life.

 

[Dr. Scientist]

I think we all expected this, the default judgement and all. Many of us followed this thread in glee and waited expectantly for the hammer to fall. Well, it's fallen now. I don't want to speak for all of us, but I will say there isn't schadenfreude in this for me.

Much rather, it saddens me. Looking back on all of this, all of mgrunins posts, all of the delusion and fake grandeur, all of the endless bulllshitting, I almost can't believe it. I'm honestly starting to feel bad for mgrunin, as pathetic as that might sound.

Take a moment to reflect on this thread, everyone. It's a story about how someone let power, fame, and money be the center of their world and decided to do anything to protect it. Don't make the system mistakes. Money isn't everything. At least not at the cost of your livelihood.

I don't know if it matters at this point mgrunin, but I'm praying for you bro. I hope it all works out for you (srs). It's gonna be okay-- get your head on straight, relax, and roll with the punches. You're a smart kid and you'll get over this in no time.

Sure broski. PM me your wire information, you need the hundred large more than I do.

In the following weeks there will be major headwind towards reconciling. Terms are already being discussed, kill me if I jumped the gun, but this is definitely much better progress than there has been in the prior few months.

I will, the moment the case is over. You must think I'm a bigger idiot than I am if you think I would put such things on my server.

Got a boat for sale. PM me.

I have undeniable proof that I was not responsible for it. That it was not ME. Facebook can subpoena every one of my records, and they will also come to realization that I am not responsible for it. I would love to explain all the details here but it wouldn't be wise and it would also be met with too much skepticism for now. I'll leave you guys with this, when you are a public figure in an industry, you become an easy scapegoat for those that try to set you up. Thankfully I have all the evidence I need on my side. I am not sweating bullets, I am sleeping like a baby every single night, and I'll get through this with no issues. If Facebook asks kindly enough then I can dig up the name of the person that used me as a scapegoat.

 

[goldenmember]

I think we all expected this, the default judgement and all. Many of us followed this thread in glee and waited expectantly for the hammer to fall. Well, it's fallen now. I don't want to speak for all of us, but I will say there isn't schadenfreude in this for me.

Much rather, it saddens me. Looking back on all of this, all of mgrunins posts, all of the delusion and fake grandeur, all of the endless bulllshitting, I almost can't believe it. I'm honestly starting to feel bad for mgrunin, as pathetic as that might sound.

Take a moment to reflect on this thread, everyone. It's a story about how someone let power, fame, and money be the center of their world and decided to do anything to protect it. Don't make the system mistakes. Money isn't everything. At least not at the cost of your livelihood.

I don't know if it matters at this point mgrunin, but I'm praying for you bro. I hope it all works out for you (srs). It's gonna be okay-- get your head on straight, relax, and roll with the punches. You're a smart kid and you'll get over this in no time.

It isn't about power, fame and money. It is about Fraud.

Fraud is theft, theft is a crime, crime should be punished. Period

His boasting, flaunting and all around Narcissistic behavior doesn't mitigate the fact.

If/when he is found guilty he should pay the penalty, like any other criminal who chose the easy path. Why should he be treated any differently than a car thief, burglar, mugger, etc... ?

If he is innocent he will be exonerated by the courts. But, his actions were not that of an innocent man. BRC? seriously? If nothing else he is guilty of being a complete idiot.

No Sympathy on my part regardless of the outcome.

 

[xdemi]

It's been a wild ride...

Guess we're never getting that mgrunin vs poopie charity boxing match Was actually looking forward to it...

 

[cardine]

Well, not really. This is what? The 3rd or 4th judge now? Seems like Martin has notched his way up to a judge that knows he has enough respect, authority and power to hand out a bit of shit without repercussion. Hence the personal jabs. Just reading that PDF I thought to myself, "this guy knows full well he's flaunting the line between personal and professional, but he doesn't give a shit, because he knows nobody is going to give him shit for it".

For whatever reason the previous judges didn't want to take this case. Now it seems more like, "here's how it is, and here's how it's going to happen, debate fucken over".

Is that about right? Previous judges were somewhat low key, and the case is now notched up to a judge who doesn't mind smacking someone around if / when needed?

I think you're reading too much into the judge thing. The first judge change was entirely a procedural change. The second judge recused himself, likely because he has some connection to Facebook and didn't want there to be a supposed conflict of interest. It probably had nothing to do with the judge not wanting the case and everything to do with ensuring both sides got a fair trial.

Regarding the default: IANAL, but all Grunin did when fighting the default was that he questioned whether Facebook had enough evidence. He was required to provide his own strong defense, and simply questioning the other sides evidence is not a strong defense (especially since he hasn't even seen their evidence).

What he needed to do was provide evidence of his own to support his innocence. In this case all he likely had to do was submit an affidavit where he swore under oath that he was not the person controlling those accounts and the default would have likely been thrown out. Alsup even alludes to this when he writes that "Grunin does not even deny the alleged behavior."

Of course if Grunin proclaimed his innocence in an affidavit and got the default thrown out, Facebook could reveal their own evidence and Grunin would likely both still be found guilty and also facing a perjury charge.

Considering all of the stupidity going on in these legal proceedings, the response Alsup gave seemed pretty reasonable to me.

 

[Dr. Scientist]

It isn't about power, fame and money. It is about Fraud.

Fraud is theft, theft is a crime, crime should be punished. Period

His boasting, flaunting and all around Narcissistic behavior doesn't mitigate the fact.

If/when he is found guilty he should pay the penalty, like any other criminal who chose the easy path. Why should he be treated any differently than a car thief, burglar, mugger, etc... ?

If he is innocent he will be exonerated by the courts. But, his actions were not that of an innocent man. BRC? seriously? If nothing else he is guilty of being a complete idiot.

No Sympathy on my part regardless of the outcome.

Yeah I know, I 100% agree. I was just commenting on how fame, power, and potentially greed, led to fraud and how the downfall and bullshitting is covered extensively in this forum and others.

 

[3nyaw]

It isn't about power, fame and money. It is about Fraud.

Fraud is theft, theft is a crime, crime should be punished. Period

His boasting, flaunting and all around Narcissistic behavior doesn't mitigate the fact.

If/when he is found guilty he should pay the penalty, like any other criminal who chose the easy path. Why should he be treated any differently than a car thief, burglar, mugger, etc... ?

If he is innocent he will be exonerated by the courts. But, his actions were not that of an innocent man. BRC? seriously? If nothing else he is guilty of being a complete idiot.

No Sympathy on my part regardless of the outcome.

bluechinagroup was about the first and only one in this thread who admitted hating on grunin was kind of self serving. as if you were worried about the law. taxes are the law. do you love taxes? killing obedient citizens just cause is the law. youre just bitching because you can bitch. this thread is a witch hunt.

you people admired the kid when he made his silly trades. now you hate on him. because he made a fool of you. this is about you being mad. not the law. its never been about the law.

 

[goldenmember]

bluechinagroup was about the first and only one in this thread who admitted hating on grunin was kind of self serving. as if you were worried about the law. taxes are the law. do you love taxes? killing obedient citizens just cause is the law. youre just bitching because you can bitch. this thread is a witch hunt.

you people admired the kid when he made his silly trades. now you hate on him. because he made a fool of you. this is about you being mad. not the law. its never been about the law.

I posted my disapproval of Grunin when he first posted on ET with his wannabee guru bullshit. Initially I thought he was just a wannabee guru and a poser. When I saw his Website I saw the potential of him attempting to scam wannabee traders. Being a trader myself I tend to loathe snake oil, fakes, wannabee gurus. When I was linked to this site I realized my suspicions were correct and he was a Fraud. Had he been successful with FB, no doubt he would have attempted to scam noobies. So ya, I enjoy watching a scammer get caught.

Regarding my taxes,I don't see the correlation. Yes, we Americans pay a large percentage of our income in taxes. But, on the other hand we have a good standard of living, infrastructure and medical care, albeit expensive.

Europe pays high taxes as well. Such is life, doesn't give people the right to STEAL. So ya, if he is found guilty, F*em.

ET From $10,000 to $100,000 in 6 months. | Elite Trader

 

[cardine]

bluechinagroup was about the first and only one in this thread who admitted hating on grunin was kind of self serving. as if you were worried about the law. taxes are the law. do you love taxes? killing obedient citizens just cause is the law. youre just bitching because you can bitch. this thread is a witch hunt.

you people admired the kid when he made his silly trades. now you hate on him. because he made a fool of you. this is about you being mad. not the law. its never been about the law.

I was hating on grunin far before it was cool because he always struck me as being narcissistic and completely full of shit with regards to his "trading."

I also made $14k this morning. Put $7k on black and won!

Of course there are inefficiencies in the market.

Take a look at a company like Renaissance Technologies. They are clearly taking advantage of market inefficiencies. However...

Renaissance employs some with non-financial backgrounds, including mathematicians, physicists, astrophysicists and statisticians. About a third of the 275 employees at the East Setauket office have Ph.Ds.

If there are market inefficiencies that are so easy to spot that mgrunin can write simple rules for buys and sells, those gaps would already be closed by bigger trading firms within milliseconds and the inefficiency would be gone.

I'm not saying there aren't market inefficiencies, but mgrunin certainly isn't taking advantage of them.

In one sentence here is some sound advice on what he did wrong and how he should correct it:

Don't gamble on a public forum to satisfy your ego and/or presell a make money online pitch (his trading software).