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Calin iHostART.Com took our $22.5K and scamming us!
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GoSSD must first convert crypto to € first and get it in the bank, then he can do the transfer provided there is an invoice or traceable paperwork, and you need traceable paperwork for those amounts. It is not that simple. Nowadays in the EU anything above 1k€ is susceptible of crime. For instance, if you sell second hand items on eBay, Vinted etc. and you exceed 2k€ in sales in one fiscal year the platform must inform the authorities (they get heavily fined if they do not do it) and if you did not declare it then you get fined.
This Thread is getting derailed.
When the money was blocked, it was just a payment for hosting. The bank didn't need to know this was for DMCA-free hosting. If @GoSSDHosting had sent legitimate and trustworthy documentation, Calin could have gotten the money back.
But instead, @GoSSDHosting sent proof of his shady activities, and now there is no way back because of this.
And now he has posted evidence of shady intentions in this thread, which is indexed by both Google and the Wayback Machine.
Not covering each other's backs is plain stupid, no matter if it's legit or shady business.
@GoSSDHosting is at least as guilty as Calin and should have the same punishment and his host rep tag removed. Or banned for shooting Calin in the foot.
But money isn't ending up in Calins pocket rather it is in the bank (frozen).
When you have frozen amount in your account, those are uncleared amount and those are not yours till that point.
So how it is different than gossd?
very interesting read and ... opinions.
there is so much yadda yadda going on about the possible motives, mistakes, stupidity on both sides... trying to put emotions aside, I think we should have a simple vote:
If you buy something from someone and you both agree that the payment is to be done via crypto - would you consider yourself responsible for anything that happens to said crypto after you sent it to the seller and the transaction/receival was confirmed?
[ ] yes
[ ] no
I still find it interesting that all of you are stuck on calins bank issues. This has nothing to do with the buyer. Calin needs to deliver, or he is a scammer, simple as that
So in your point of view, if you sent all money for the orders to me via crypto to my different crypto account (cryptomus) an I transfer that crypto amount to a different account (coinbase) to fiat and I confirm you that the money is in my account the payment is considered as completed from customers side when the customer trasnferred the money to first account (cryptomus)! And then I transfer from Coinbase to my bank, and the bank frooze them or took for my other issues like debt whatever reason that I have with my bank, I can blame you right?! In what world are we living? There is no such thing as bank wanted proof from the OP/customer if Calin has withdrawn from his Coinbase personal account to his bank account (tax evasion or whatever reason). There would be no issue if that money were transferred from business account, bank request proof you provide sales invoice end of the story! Lets just hope Calin will solve this with his bank and refund to OP.
@Falzo
my answer would be big fat NO.
Incorrect. The money ended up in his pocket and wasn’t frozen during this transaction. The money was frozen later in a transaction between two of Calin's accounts. This has nothing to do with the client.
Why should he be concerned about that? Calin's transactions between his accounts are not his concern. He sent the money, and Calin received it. What Calin did with the money afterward is not his concern.
If I pay you for something via PayPal, and the money ends up in your PayPal account for you to do whatever you want with it, why should it be my problem if or when you try to withdraw the money from PayPal to your bank account and your bank asks where the money is from?
The money ended up in your PayPal just as you requested. Story for me ends here. What you do with it afterward, whether you spend it or try to withdraw it, is no longer my concern.
I am finding it strange, last time Calin said he could not use Coinbase anymore because of this or that reason, but here we are again, he uses coinbase and we are back to issues
Plain and simple
Buyer sends funds, funds arrive and clear over crypto no issue
After that its nothing to do with the buyer how Calin manages or processes this to cold hard cash
If it screws up, not the buyers fault he has a duty to supply the service or return the money from his own pocket and sort the bank issues out himself.
If he cannot refund due to a lack of personal funds to cover such events, he should not be taking orders like that, issues can come up even just with stripe or paypal
You need to have plans for short term issues
No, but in this case, it looks like @GoSSDHosting made the situation worse and literally shot Calin in the foot by sending proof of shady intentions. If he had refused to send the documents, this would have only been Calin's fault. But because of the way it has been handled, both of them are to blame.
@Falzo
No, if you don't interfere.
Yes, if you make yourself a part by sending evidence of shady activities.
There's another problem, as some have already mentioned. This problem wouldn't even exist if Calin's company had issued a proper invoice.
He would then have proof for the bank that he earned the money for a service. Story would end here.
But since he tried to avoid paying taxes, he received the money 'under the table' as a person not as company.
The issue is not the money itself but how it ended up in Calin's hands - tax evasion.
If you accept crypto as a provider it is your responsability to know how you can offramp that crypto.
We do 95% crypto payment, and sure it's been a pain sometimes and we had to figure out a stable offramp and we had question from the bank.
But if you are not able to offramp 20k in crypto you should not accept it in the first place.
If that's something you are used to do, you should already know how to handle it.
And if this was really going to a personal account instead of a business account, that's completely illegal and irresponsible on the provider side. Not sure how he thought that would fly.
Is this confirmed?
The answer is easier, @Calin is to blame, he confirmed that the money arrived correctly to his accounts, then what he did next is the provider's problem, not the client's.
Has any moderator or administrator seen the famous bank stament that indicate that the money is being withheld?
Here in the USA, if the money is being withheld, it means that the entire business/personal account is frozen/detained until an investigation. After so many days, it can take from 10 to 30 days for them to review and release the funds by check and send it to the client's address.
I suppose that @Calin should have used a business account for these transactions because using a personal account and receiving a lot of money would be somewhat imprudent.
I hope you don't take it the wrong way @Calin , but sometimes greed is bad, sometimes it's better to walk than to run because in the end we will all arrive at the same destination.
If this is true, Calin reaps what he sows, but throwing him under the bus with "fruit and vegetables" is still a lousy move.
Isn't the source of the money the essence of this problem? The lack of proper invoicing and the lack of a business account?
If your company issues a proper invoice for the service you're selling and pays taxes, you won't have these issues. But if all that money appear at your personal account, then, yeah... good luck with your tax authority.
Well, the bank could be concerned even with a invoice I guess.
Banks tend to not like crypto transactions going on.
I have no idea what you're talking about. So he's a victim now, despite not providing the service or refunding the money he received?
That is not necessarily true.
The banks are monitoring and freezing business accounts too. Often, it's false positives.
No, Calin is still to blame, but there was no need for GoSSDHosting to make the situation worse for Calin by sending the "fruit and vegetables" bank statement and a fake-looking invoice.
In my eyes, it looks like GoSSDHosting is snitching on Calin.
If that is the case GoSSDHosting should be banned.
&
Yes, of course, but in this case, they want proof that it’s a legitimate transaction. If you pay attention to the details, you'll notice that we're talking about two transactions.
The first is from the client's crypto account to Calin's crypto account. Calin received the crypto, and the client's story ends there. The second is the problematic transaction between Calin's two accounts. When Calin tried to exchange the crypto for fiat, the bank asked where the money was from. Oops...
@xvps, you keep ignoring that the bank inquired about the money Calin is moving from his crypto account to his another account. That's up to Calin to prove that the money was earned legitimately.
It goes both ways though.
GOSSD opted for crypto since remitting money in traditional way out of India will attract high tax along with falling under jurisdiction of money laundering act.
Both the party tried to evade tax.
And the crux of the matter is, gossd isn't even the first party in this case. I doubt they have any documentation under their name.
I understand that, but this has nothing to do with the money Calin had that got frozen when he tried to move it from crypto to his legitimate fiat account or whatever details are. Calin is the one who had money frozen when he tried to move it between his accounts and can't prove source of this money, not his client.
Which bank in the world would like proof from a third person that is not in the source of the payment? In this case, the source of the payment is coinbase, are you telling me that the bank will refund to any third person that has nothing to do with source/bank transfer, if yes, i will sent all what is needed to Calin, and let his bank refund to my bank account.
The payment were sent to Calin's cryptomus account, and then that amount were transferred to another crypto platform coinbase and again to Calin's account. Normal banks might offer to refund the money from where the money came from, and not to an account you tell the bank.
No, I'm not.
I have written it before: if GoSSDHosting hadn't sent anything when Calin asked for it, it would be on Calin alone.
Give me one reason why GoSSDHosting should have sent the "fruit and vegetable" bank statement and the fake-looking invoice?
But that's only hearsay. @GoSSDHosting hasn't confirmed any of these. And I would find it strange that you would even send something like that lol. Doesn't make sense. The blocked transaction was between Calin's CoinBase > his bank account. Source of the money went through a lot of providers. OG client crypto => GOSSD crypto => calin crypto => calin coinbase => calin bank. I doubt just a bank statement could unblock this and with crypto, traceability with paper trail is hard as well. Fraud checks related to crypto usually are complete bank account blocks not just the transaction for these kinds of shit lol.
If Calin issued a legit invoice for the services he sold to his client, and explained that it is payment for x and y services, the bank would release it asap. But calin obviously want to keep this money outside the company to avoid taxes and stuff, so he has only himself to blame here.
Deliver the services, or refund money. There are no if, what or buts here. Simple as that. Untill calin refunds in full + interest (in the same currency he got paid) or delivers the services promised, he is painted as a scammer form me.
The bank issues has nothing to do with his client.
No, but initially, there might have been a chance that the money would be released to Calin.
And he even said, if there are any problems, he would refund. There are problems and he is asking for KYC and shit lol