Populous Fraud: The Habitual Lying of PPT CEO & Convicted Fraudster Steve N(ico) Williams

in #populous6 years ago

The following is a time-line of Steve N(ico) Williams lying over the last week as news broke of his shady past.

On Monday 5th Feb 2018 links to the following article started circulating on Reddit and Telegram:
http://citywire.co.uk/new-model-adviser/news/police-charge-two-in-id-fraud-probe-ftse-directors-fell-victim/a279825

Lie number 1:
Steve N(ico) Williams lies to PPT slack members and Twitter followers over the proceeding days that neither he nor his brother have been convicted of fraud:

Lie Number 2:
In an effort to quell the rising tide of questions about his past and the PPT project in general, Steve N(ico) Williams begins threatening legal action for slander against individuals on Twitter:

This encourages his devotees to also begin threatening anyone online who doesn't adhere to PPT propaganda.

Lie Number 3:
Wed 7th Feb 2018: Concerned PPT hodlers, who do their own due diligence, begin contacting Reading Crown Court based on the CityWire article requesting information on a conviction for Stephen Williams, DOB 15th Sept 1979. They are directed to Oxford Crown Court and they receive the following Certificate of Conviction from the Court staff, who are very annoyed to be dealing with over 70 requests for this information.

certificate of conviction - WILLIAMS T20070131.png
certificate of conviction - WILLIAMS T20070131_2.jpg

Lie Number 4:
As more and more people obtain the certificate of conviction directly from the court Steve N(ico) Williams was forced to admit he had been convicted of a crime and spent time in prison. He admits to serving time for obtaining money transfers. This admission of guilt, gives credence to the Oxford Crown Court certificate of conviction which outlines the same two charges, of obtaining money transfers, in multiple counts:

  1. Attempting to obtain a money transfer by deception
  2. Obtaining a money transfer by deception

Crucially in his admission, he says it wasn't fraud, and the above offences are very different from fraud. This is easily checked. Go to the below link and click the Fraud section on the right hand side:
http://www.thelawpages.com/criminal-offence/#
It is clear that, both of the above offences are listed in the fraud section, and are therefore fraud offences. So if convicted of these fraud offences you have been convicted of fraud.

The Facts As They Stand:

Fact 1:
Attempting to obtain a money transfer by deception and Obtaining a money transfer by deception are fraud offences.
Fact 2:
Steve N(ico) Williams is a convicted fraudster who has spent time in prison for multiple counts of the above fraud offences. His own admission of guilt allied to the freely available certificate of conviction from Oxford Crown Court are compelling evidence of this.
Fact 3:
Steve N(ico) Williams is a habitual liar. He lied multiple times that he was not a convicted fraudster after the CityWire article broke. Then he (and his devotees) threatened legal action for slander, another lie, to intimidate people from educating people about the truth. It is a clear lie, as obviously the last place N(ico) would go, is to court with these allegations of slander as he knows well they would be proven as legally true and categorically not slander. Once forced to admit he had been to prison, he lied again saying it wasn't for fraud, again a ridiculously easy lie to disprove.

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He still hasn’t answered as to why funds from presale were moved off multi-sig wallets to dummy wallets and then sold on exchanges.

Where is the evidence that such funds were moved off the wallets while still within its 1 year lock up period?

EthericChipmunk Chunky Chipmunk tweeted @ 08 Feb 2018 - 02:09 UTC

#Populous No FUD - Only truth. @iamstevenico Why did you send yourself 1.75 million populous tokens and all the Pre… twitter.com/i/web/status/9…

Disclaimer: I am just a bot trying to be helpful.

Admitting he sold the ICO eth on exchanges will be an admission of fraud. Having previously been convicted of fraud he is not going to admit to an on-going fraud.

Welp if this all true

i lost some $ on this one. Big Time

Nice work on your part.

I was all ready to buy PPT. I will need to look into this further. Thanks for the information!

I would read through both these sub-reddits before you make any investment decisions:

https://www.reddit.com/r/populousPPTscam/

https://www.reddit.com/r/populous_platform/

Hmmmm... I'm always amused at how people are so quick to judge petty criminals to have few, if any redeeming values, and are destined to forever remain petty criminals. They were dishonest once; therefore, they will never be worthy of trust again - no matter what the earlier circumstances or the present situation.

How quick society is to look down it's collective nose at the 'naughty" ones. Yet, how many banksters were prosecuted for knowingly defrauding a good percentage of the investing population pre-2008, or the Dot.com times, or in governments or in military matters, or or or... Hell, a teenager taking a car on a joyride gets a couple of years in prison and a record and Really Big Criminal Bastards - those who ruin many lives - are never brought to justice and frequently simply move to another venue to do the same vile crap again and again?

As one who investigated persons as part of due diligence pre-contract/hiring, I can assure all that few people are totally squeaky-clean; I used to tell clients, "Hell, I wouldn't even hire me and I'm not sure I'd hire you." Hell, look at the "good" priests happily diddling little boys and girls with the tacit approval of Mother Church and the States!

Anyway, to the point of Steve Nico Williams... if Populous is a crap idea with little chance of success - argue that case on its merits. Put your money elsewhere. If the issue lacks merit and if Steve has deliberately misled people for fraudulent purposes, then let him be so judged.

In the meantime, let's evaluate Populous on its merits and gauge whether Steve is capable of delivering on this project at this time. Otherwise, well... you can figure it out.

I know people who have invested in Populous and I wish them success with their faith in that proposition - irrespective of Steve Nico.

Good Fortune to All of Us

I hope your friends get their money back and I admire your giving people a second chance. The point of this article was not to do a full analysis of PPT. But to hi-light that Nico is a convicted fraudster and had been lying about it. It is an accepted fact now, but wasn't when I penned this post, so I think it was well worth doing.

I will endeavour to do more posts on PPT, a fuller analysis, if I can make time. I look forward to your critique of these posts.

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