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Nicholas Portocarrero-Con man or Not |
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Susie Boffin
Certified Nutcase
Join date: 15 Sep 2004
Posts: 2,151
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08-04-2007 21:31
Who is Nicholas Portocarrero?
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"If you see a man approaching you with the obvious intent of doing you good, you should run for your life." - Henry David Thoreau
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Micheal Steadham
Second Life/WOW lover
Join date: 4 Aug 2006
Posts: 25
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08-04-2007 21:32
Who is Nicholas Portocarrero? I could tell you, but as it would be against TOS. LMAO Just ask Elex. |
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Colette Meiji
Registered User
Join date: 25 Mar 2005
Posts: 15,556
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08-04-2007 21:32
The point in time to insist on financial transparency would've been /prior/ to taking the risk. However, declining to provide transparency neither proves or disproves anything, as a resident is under no obligation to provide transparency nor give up their own privacy rights under the Community Standards, Section 4: "Residents are entitled to a reasonable level of privacy with regard to their Second Lives." Note that the OP has made a claim of a five-figure amount placed in Ginko and yet failed to tell us the amount. Okay - the disclosure where Ginko has placed the Money is not about the TOS or the CS. In all likelyhood, as far as Linden Labs is concerned all the deposits made to Ginko were GIFTS to Nick P. And thus he has ZERO obligation to pay them back. Unless in someway it was found he was involved in fraudulent activity then they would investigate. ---------------------- Disclosue has more to do with GINKO itself how it operates and conditions between Nickolas P and his Investors. It also has to do with potential investors, and of course all Investors in anything in which Ginko is heavily Invested considering its tenuous Position. ------------------------- As far as TOS/CS lawerin goes of course Nicholas doesnt have to tell people what he did with the money. Its more an Ethical thing - and a Business thing. And potentially if a Ponzi scheme, even by mistake on Nick's Part, a Legal thing. --------------------------------------- And of course - to be clear im not talking about Disclosure from the Community standards Im refering to Finacial Disclosure of the Ginko Fund of which LL has nothing to do with. |
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Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
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08-04-2007 21:34
Btw lmao you need a better hobby than quoting the Terms of Service. I told you he would grow on you  |
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Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
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08-04-2007 21:34
Elex you aren't employed by Ginko or related to the particulars in any way are you? Or would you even admit it? Obviously common sense is an option here. Read the transcript and decide for yourself. Especially read the comments. http://virtuallyblind.com/2007/07/31/ginko-buying-avix/#more-109 If you don't get it then, you never will and I'm sorry for you on that note. If I was affiliated with Ginko in any way I would certainly say so. Oh... there's a link to something out on the Internet that will help me make up mind, show me the true path, and might even help me become a Level VII Thetan? That's nice, but I'll pass. I'll also don't make decisions based on what's printed on the backs of sugar packets, Bazooka Joe gum wrappers, and what the evil elves scream from the inside of other people's heads as they gad about. There's nothing for me to "get." One resident has decided to slag another resident in the forums and has no evidence of anything beyond a link to a blog post. The intent of the OP is to hurry the other resident along in allowing a withdrawal but has couched it as an attempt to do good for the community (though it's merely a rather shady attempt at queue-jumping ["If I scream the most I'll go to the front of the line... better scream that I'm here to help everyone."] |
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Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
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08-04-2007 21:35
Who is Nicholas Portocarrero? He's the inventor of the Portocarrero Scheme sheesh newbie thread posters in old threads needs so much information .... |
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Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
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08-04-2007 21:41
Its more an Ethical thing Is that the ethical thing where one resident started a thread singling out another residents in the Forums or is it the other ethical thing where a group of residents accuse another resident of illegal activity when there's absolutely no proof? |
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Colette Meiji
Registered User
Join date: 25 Mar 2005
Posts: 15,556
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08-04-2007 21:45
Is that the ethical thing where one resident started a thread singling out another residents in the Forums or is it the other ethical thing where a group of residents accuse another resident of illegal activity when there's absolutely no proof? No, The Ethical thing where he has supposedly invested over a half million dollars of depositors money and refuses to give even a reasonable ballpark account of what he did with it. Dont forget he actively solicited these Investors to give him the money with promisses of service, and very specifically called Ginko a Bank, rather than a Investment Fund. |
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Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
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08-04-2007 21:47
Elex, you've obviously avoided my questions as well, Ginko employee or relative. As I stated quite clearly before I'm not affiliated in any way with Ginko (which also precludes being an employee or relative). If I was affiliated with Ginko in any way I would certainly say so. |
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Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
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08-04-2007 21:51
No, The Ethical thing where he has supposedly invested over a half million dollars of depositors money and refuses to give even a reasonable ballpark account of what he did with it. Dont forget he actively solicited these Investors to give him the money with promisses of service, and very specifically called Ginko a Bank, rather than a Investment Fund. Hmm... the disclosure of such information might reveal Ginko's investment strategy to other competing funds. The ethical obligation would be to protect what they might consider to be a trade secret. [Oh, and their ethical obligation to their shareholders would take priority over their ethical obligation to their depositors.] |
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Dytska Vieria
+/- .00004™
Join date: 13 Dec 2006
Posts: 768
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08-04-2007 21:53
I like hamburgers!
PS - you have been turned clockwised! Good Luck! _____________________
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Strife Onizuka
Moonchild
Join date: 3 Mar 2004
Posts: 5,887
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08-04-2007 21:53
Action: lock
Reason: Naming Names Source: AR Private discussions – the forums are a public area for the Second Life community’s use. Individuals who have a dispute with each other have other channels of communication to discuss their differences or communicate – private messaging, IM within Second Life, or chatting within Second Life. Also, threads that are addressed to a single individual or group are inappropriate on the forums, this includes slander or "naming names" in a posts title, starting polls about a particular resident or group, etc. Flaming, Spamming, Trolling – Flaming (posting a message that is intended to incite anger or directly attack a person or persons), Spamming (multiple posts of the same topic or discussion), and Trolling (a post with an intentionally contrary opinion written with the intent of inciting or getting argumentative opinions) are strongly discouraged. If you think your post might be over-reactive, or that it might fall into one of these definitions, please reconsider posting. _____________________
Truth is a river that is always splitting up into arms that reunite. Islanded between the arms, the inhabitants argue for a lifetime as to which is the main river. - Cyril Connolly Without the political will to find common ground, the continual friction of tactic and counter tactic, only creates suspicion and hatred and vengeance, and perpetuates the cycle of violence. - James Nachtwey |