【Dirty Audition (2025) Hindi Web Series】

Just because you're fraudulently raking in hundreds of millions of dollars doesn't mean you have Dirty Audition (2025) Hindi Web Seriesto be such a jerkabout it.

It's clear no one passed this message along to the three men arrested today for their alleged part in a $722 million globe-spanning cryptocurrency Ponzi scheme. In a Dec. 10 press release from the Department of Justice, the men stand accused of a years-long effort to fool investors into believing they ran a bitcoin mining pool — all the while disparaging anyone stupid enough to believe their supposed lies.

Starting in 2014, Matthew Brent Goettsche and Jobadiah Sinclair Weeks, both of Colorado, along with Joseph Frank Abel of California, allegedly ran BitClub Network — a service that promised to take investors' money and put it toward mining cryptocurrency.

"You can buy into pools for $500, $1,000 or $2,000," explains the website. "Each contract lasts for 1,000 days, during which you’ll receive your share of the currency we mine."

"We are building this whole model on the backs of idiots."

The idea, at least on the face of it, was that investors would earn returns based on the bitcoin mined by BitClub Network.

That's not exactly how it worked out.

In reality, the DOJ insists BitClub Network was not putting investors' money toward mining equipment and was, instead, a huge scam.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

Around January of 2015, the indictment notes that Goettsche told an individual (whose name has been redacted) that the plan was "building this whole model on the backs of idiots" and to "prove the mining ... just means convincing the morons :)."

But wait, it gets worse. "In or around July 2014," the indictment continues, "as part of an online chat exchange, [redacted] told GOETTSCHE that BCN's target audience would be 'the typical dumb MLM investor.'"

A peppy video on the BitClub Network site was, apparently, meant to convince those very dumb investors that everything was above board.

"The more people you share BitClub with, the greater your earning potential," intones the cheery voiceover.

To knock this entire thing even further into the realm of seemingly obvious scam, according to the DOJ press release, Abel told investors that the entire operation was "too big to fail."

Unfortunately, not everyone noticed the giant red flags. Real people invested in the alleged scam, and millions were lost as a result.

Original image has been replaced. Credit: Mashable

Both Goettsche and Weeks are charged with conspiracy to commit wire fraud, and all three of the men are charged with conspiracy to offer and sell unregistered securities.

Two alleged co-conspirators have not been arrested, and are not named in the indictment.

SEE ALSO: Two Massholes arrested in SIM swapping for cryptocurrency scheme

"What they allegedly did amounts to little more than a modern, high-tech Ponzi scheme that defrauded victims of hundreds of millions of dollars," U.S. Attorney Carpenito is quoted as saying in the DOJ press release.

It looks like Goettsche might need to adjust his stated plan to "retire RAF!!! (rich as fuck)." If he's interested, we know of a few great investment opportunities.

Topics Bitcoin Cryptocurrency

• Entertainment
• Deals
• Tech
• Social Good
• Digital Culture
• Life
• Shopping
• Games

• Parental Controls: How to Lock Down Your Kids' iOS Devices
• 'Minecraft' spawns 1 trillion views on YouTube
• Gary Indiana’s Art Recasts Voyeurism as Wonder
• 'Destiny 2' bug is getting a fix, Bungie says
• Nintendo Switch 2 preorder just days away, per leak
• “Mating” Book Club, Part 5: The Joys of Intellectual Love
• 'Minecraft' spawns 1 trillion views on YouTube
• Novels Are Made of Words: Moby
• Character AI reveals AvatarFX, a new AI video generator
• YouTube TV's missing channels are back after Google and Disney made a deal

• Brand new black hole image will blow your mind
• How to take a screenshot on a Mac
• Best gift card deal: Get a $200 digital Instacart gift card 10% off
• NCSU vs. Marquette basketball livestreams: How to watch live
• Puffer fish stuck in a tree probably isn't the nor'easter's fault
• Where's the AI in these 'AI
• Meta and Google fuel abortion misinformation across Africa, Asia, and Latin America, report finds
• Crumbling National Park Service needs money and solutions
• Trump's 2019 NASA budget request reveals plans to return to the moon
• Amazon spring cleaning deal: Get up to 44% off

• CPU Price Watch: 9900K Incoming, Ryzen Cuts
• The iPhone 15 Pro Max may not be easy to get this year. Here's why.
• “Mating” Book Club, Part 4: Socialism vs. Capitalism. Fight.
• YouTube demonetizes Russell Brand's channel following allegations
• Best earbuds deal: Save 20% on Soundcore Sport X20 by Anker
• Herman Melville, Master of the Literary Hoax
• “Mating” Book Club, Part 4: Socialism vs. Capitalism. Fight.
• Project Management Institute courses to level up your career growth in 2022
• Patched Desktop PC: Meltdown & Spectre Benchmarked
• Fitness trackers for dogs are irresistible to data

• The Story Behind the Home of Forgotten Video Games
• An Excerpt from Francis Ponge’s “Soap”
• Judas: No One’s Favorite Apostle
• Be Dangerous: Robert Frost on “Meet the Press”
• NYT Connections hints and answers for April 26: Tips to solve 'Connections' #685.
• 'Only Murders in the Building' Season 3: Every end credits Easter egg
• Microsoft leaks reveal potential existence of 'Fallout 3' remaster
• Judas: No One’s Favorite Apostle
• Japan orders Google to stop alleged antitrust violations
• Glitch Art Goes for Broke