Investor Allen of AVIX disclosed his alternate accounts this evening while in discussions about the future of AVIX itself. The alternate accounts are:
Investor Allen
Bankwith Allen
Sal Ackland
Van Ames
BW Williams
Cav Chevalier
Banking Lane
Of these accounts, only the top 3 seem to be live accounts - the rest seem to be closed. Some may recall that the connection to Sal Ackland was mentioned here before.
For those of you wondering what is actually happening with AVIX, sources indicate that there will be some more meetings on Friday to try to straighten out whatever is going on. Looks like another interesting weekend... SLCapEx seems to be on top of things as best they can be.
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Re: Allen's Acknowledged Alts.
This can be considered as theft. Well it does look its a theft, cuz registering to a certain account while its not working means fraud.Pinnacle Security
Re: Allen's Acknowledged Alts.
Yeah too bad this was all over a year ago and is pretty much irrelevant.
In the meantime if you want to productively persue any claims against Kyle check out:
http://exodousdigital.blogspot.com/2008/10/kyle-van-leuven-update.html
SLNN.com bring breaking news on this...
http://www.slnn.com/article/sneak-preview/
doesn't give much details just that a article about I. allen & all his alts....
just visited allen's site which states this:
http://www.allenvestfinancial.com/home/story/system/516
Today, 15:26 system announcement
by Investor Allen
Latest Information
As I am sure it is well known by now I not only control the avatar of Investor Allen, but also the Avatars of Van Ames, Sal Ackland, and Cav Chevalier. I do not want to touch on details currently of why these avatars were created but I can assure you that there was never any intent to scam anyone. Within the week I will release a multipage document releasing the details from the first day I entered Second Life until present. This document will tell all details about my success and failure within Second Life. It will also discuss all of the scams that I have personally witnessed and been victim of since my time in Second Life.
I came to Second Life to create something, and before long I fell victim to a scam which took all of the money out of the Virtual Commerce Exchange, in my attempts to recover from this I have fallen victim to other well known individuals in Second Life. Allenvest itself was created to profit and then refund original investors. The sale of the exchange was to be used to refund those whom lost funds in earlier investments.
As of today those in charge of Capex have decided to not pay us the 5.5 million L$ in cash and have taken away our 11,000,000 shares of SLCX stock.
Because of this it has put us in a situation where we no longer have enough assets to cover all deposits and investments into our company, both past and present. We are not giving up and we will find a way forward. We are working hard to find a way out of this situation and will keep you involved in the process.
ThaBiGGDoGG Richez
CEO SLBC & BDG
Meeting, Really?
Please. Do you truly expect the meeting on Friday to happen? As of about 3:00 am, Pacific Time, while the Allenvest Bank site remains open and recording withdrawals, the actual ATMs in world do not appear to be dispensing Lindens for these apparently fictional withdrawals. I take it this is the "difficulty" alluded to in Investor Allen's last message to customers?
I would really like to believe that the meeting will happen, and that matters will be straightened out, but given the delisting of AIG, the unveiling of the Ackland alt, and the feeling in my gut from the moment I stepped into Allenvest's gaudy Pantheon of Greed, should a meeting actually take place, I'm afraid I will only start wondering more about how many others might be involved in this shell game.
Given the recent "clarification" issued by SLCAPEX honcho, Bogart Beck, which seems to clearly state that the entire exchange is purely fictional (see http://www.slcapex.com/home/story/system/727 ), one has to wonder why Linden Labs continues to tolerate these activities at all. I suppose they're afraid of lawsuits against themselves, since it seems less and less clear whether Linden Labs stands behind any of what they themselves are selling?
All I can say is that it has been interesting to watch, and for me (unless, of course I manage to recover the pittance in funny money that I stowed away there, just to give myself a reason to pay attention to this comedy) it will have been a fairly cheap practical lesson in the way Ponzi schemes and other financial scams are run. IRL, I might have lost thousands of real dollars to a serious Ponzi scheme, whereas in this case I only stand to lose roughly the cost of washing my car, or my average expenditure for a trip to my neighborhood convenience store.
I don't want to accuse anyone of theft just yet (especially considering it was so penny-ante in my case, if in fact this has been either theft or ... well, theft). But it sure does look that way. I can't wait for Friday.
This is slightly more interesting that most movies I've considered seeing lately, and very likely has cost me just about the same as would have matinee tickets for two. I do have the utmost sympathy, though, for anyone who has lost serious amounts of slippery Linden Loot to this or any of the other confidence games that have been ongoing in SL since I got here.
All talks have CEASED effective immediately
Currently, there is no more discussion with Investor Allen by SL CapEx Management or myself. I was acting as interim trustee and advisor to assist in the rebuild of AIG but after conferring with my research, this forum, and legal advisory, Investor Allen and AIG has been released as a client of L&L Credit Reporting Agency and all contact has ceased via all forms of communication effective September 26, 2007 at 13:48pm. Please refer any communications about this case to your RL lawyer or our FORMER client.
Sincerely,
Lindsay Druart
Lindsay please clarify your position
Lindsay no offense, but could you once again clarify your current relationship with SLCAPEX? My understanding is that you stepped down as President on Sept 15th. Are you an official spokesperson now?
Thanks and please don't misconstrue this as a personal attack, I think at this point in time, everyone should be clear on everyone's role in this affair, especially if it reaches litigation.
At this time, I am only a
At this time, I am only a forum mod on the exchange. All access has been given back to management. Investor Allen was taken on as a client of L&L Credit Reporting Agency to assist in the rebuild of AIG after its delisting. As his trustee and advisor, we were working with the SL CapEx management to resolve all issues but there is tremendous liability here that LLCA cannot be apart of so we were forced to drop Mr. Allen as a client and cease all contact with him pending possible ligiation against him.
JT Financial Grid Clarification
I would just like to clarify that yesterday because of a growing number of support tickets and complaints at SLCapEx, (and with no other management members being online) I sent out group notices and put temporary, precautionary signage only at the ATMs in JT World. I simply told people to avoid ATM usage for the time being, and to use commonsense (I think, not in-world where I can re-read the notice). We did not shut down the system and people continued transacting against our advisement at other affiliate ATMs.
Problem is when SL has grid or lag issues, this interferes with many payment-oriented scripts in SL. A lot of former casino enthusiasts can attest to this, where "losing" Lindens at gambling devices was common during laggy periods.
In any event, for JT -- things are back to normal as far as I know. :)
On a personal level I tend to doubt that ATM issues with Allenvest yesterday were solely caused by the grid.
Xavier Mohr
ATM
Just for the record, I succesfully withdrew 1000 Lindens from the AFB ATM at Allenvest. Of course I did it in small chunks :-), but they appeared to work yesterday.
Did you check
Have you confirmed that money actually made it into your avatar's Linoleum balance? Technically speaking, my withdrawal was successful too. AFB balances are now 1000 Ls lower than before the withdrawal. ;) Problem being, there's no corresponding credit of 1000 Ls from AFB in my SL account history.
Besides, *for the record* how could I possibly confirm the experience of an anonymous poster? Hoping you appreciate the ironies.
Yes I Did
Yes I did check and validated transactions.
Valid points
I can't answer the majority of your stuff, and personally I have a tendency to agree with much of what you wrote.
However, I will say that other banks such as JT Financial were experiencing ATM problems yesterday due to grid issues. I am not saying that it is the same problem with the AVIX ATMs - but it could be a contributing factor. I don't have an AVIX account, I pulled out of there way before Your2ndPlace.com was started.
What I will say, having been watching things, is that SLCapEx has been getting real world information on listed companies and that they are taking some hits on this. If this doesn't kill SLCapEx, it will probably make it stronger.
We'll see what we see on Friday. I'll have my ear to the ground, and I'm sure that others will... the trouble is that I like to confirm things before I write them and that makes for less juicy gossip. :-)
Second Life Consultant
Doubting the "grid" excuse
Well, I can't speak to grid issues yesterday for JT Financial, but at the hour I withdrew my funds (and the transaction was recorded as completed on the Allenvest webpage, with 1000 Ls debited from my account) -- there was as little lag as I've seen in weeks. I also managed to complete a fair number of other monetary transactions in-world both yesterday and within hours on either side of the Allenvest attempt with no trouble. I'm looking at this excuse (especially now that you tell me it was also coming from JT Financial) with tremendous scepticism.
It seems far more likely to me that the reason for failure would be that there are no funds in the agent's account to be withdrawn, than that lag was somehow messing with these transactions going as they should. The ATM script worked, after a fashion, and did so quite without delay. A balance request seconds later at the in-world ATM, offered the same false number that was posted to the website as the result of the theoretically successful withdrawal that produced no actual transfer of Linoleums.
FWIW, I withdrew all the funds I could effectively withdraw within about a week or two of the opening of what was then the AVIX. All that remained in my account this morning, before the attempted withdrawal, was about 1300 Linoleums in an "open" account (if one can call an account with a 1000 Linoleum daily withdrawal ceiling "open"), plus and the $2000 Linoleum 12-month high-yield account (and accumulated fictive interest on same) that I had made on a particularly self-destructive impulse, knowing when I made it that I would probably never see it again. Net expected write-off: about 3,600 Loopy Lindens.
Given the web of interrelations between personalities at Allenvest and those at JT Financial, I would be very nervous at the moment if I had funds tied up with any of these entities. While prudence (and libel law) dictate that I give them the benefit of the doubt, this sort of maneuvering has the appearance of the sort of shell games that penny stock, boiler room and other Ponzi scheme confederates tend to engage in during the endgame in most such confidence schemes, as they seek to sow as much confusion as possible, to delay discover, cover the relocation of most of the supporting cast, and obscure the money trails that investigators will have to put together in order to make a case, should the responsible parties actually happen to be identified and located on the very real ground on which they are (at least for now) compelled to use as a basis for their biological existence and sustenance.
Wow, suddenly I'm getting a feel for what life will most likely become for wetware agents, once it becomes possible to upload consciousness permanently onto the übergrid. Time to jack in soon.
Yes, well...
I was surprised when Allenvest Exchange was bought out by Arbitrage... and while it seems a little wonky (remember, this was a payment plan arrangement) that is probably what all the discussion is about.
As for personalities - yes, there are most definitely some 'group dynamics'. Really, the trouble with much of the business in Second Life revolves around communication skills and personality. The next time someone passes you the social networking Kool Aid, ask them if they acknowledge the drawbacks. :-)
Second Life Consultant
Nobody, is there a link to
Nobody, is there a link to this disclosure by Investor Allen
No, just a notecard.
I have a copy of the notecard made by Investor Allen.
Second Life Consultant
Allen's Notecard.
Could you please post to contents of this notecard or would that be a violation of the TOS?
Erm.
I did post the contents of the notecard. The names.
Second Life Consultant
Notecard
Yes, I saw the names, but since it was a notecard and from Allen I had thought that there would be more. My mistake.
Also, did you get the notecard directly from Allen or from another source?
Thanks and keep up the great reporting!
Sorry.
I have the notecard. It was created by Investor Allen. That is all I will say. :-)
Second Life Consultant
Notecard
np. Thank you.