Community » Forum » Business » IPO Manipulation - Report

BullGame
Mogul   VIP
I am posting this report here as well (also on News Post) because I want to spread awareness on this Manipulation:

This situation is getting out of hand. "WillSlate"; has been breaking multiple rules, including toxiod manipulation through SafeFund (which I have already posted on the forum). He took advantage of the toxoid spike, launching an IPO right after his net worth surged to approximately $218,000. The timing was highly suspicious—just as the spike happened, players rushed to buy shares, only for his company's net worth to crash to $20,000 soon after.

Even more concerning is that, just hours before the spike, WillSlate purchased toxoid through SafeFund—a holding company. There is no logical reason to buy toxoid through a holding company since he wouldn't be able to use it to create a vaccine. Instead, his goal was clear: manipulate the market, bring his company public, and profit from unsuspecting players buying his shares.

Furthermore, there are strong indications that "Lucius"; and "Vestedius"; are the same person and potentially linked to WillSlate. Through SafeFund (which became a public company after his exchange pricing manipulation), the transaction history reveals that WillSlate bought 65% of QuickLoans shares (a bank company) for $0. This raises serious red flags—why would someone give away a major bank company, one of the most expensive assets in the game, for nothing? Interestingly, QuickLoans was previously owned by Lucius.

Proof:
USD 0.00 – Bought 6500x QuickLoans shares (65%) from SafeVenture via private trade

This blatant abuse suggests that WillSlate is using multiple accounts to artificially increase his net worth.

And he didn’t stop there.

After manipulating toxoid prices and deceiving players into investing in his inflated company, he created another account called "CarlHigh". Despite being newly created, CarlHigh already has a net worth of $26,000 with only 1153 experience points—which is highly suspicious. He also established a company, High Holdings, and took it public within a single day by purchasing toxoid at an inflated price through SafeFund. He paid $500 for 0.1x toxoid (equivalent to $5,000 per unit) and then transferred most of the toxoid from SafeFund to High Holdings, inflating its valuation to meet the $200,000 IPO requirement and launching another public company under false pretenses.

Proof from SafeFund Financial :
USD 500.00 – Sold 0.1x Toxoid via The Exchange

He also distributes dividends 2x per 10 days, and upon reviewing the transaction history (in SafeFund), it is evident that he is transferring his own money into the company and then issuing dividends. Essentially, he is circulating funds between his personal account and his public company. Admins need to investigate his account to determine the actual source of these funds.

Recently, this player launched yet another IPO, and many of the companies involved are linked to toxoid category, which directly connects to the WillSlate's public company. Is there a connection? This is getting massive.
The public companies—IPO, EasyIPO, PumpIPO, DumpIPO, CommitIPO, and pmoIPO—are all linked to High Holdings due to the gradual decrease in High Holdings' net worth. It appears that money was transferred from High Holdings to these companies, further suggesting potential manipulation.

Additionally, some of the loans taken by Vestedius (not been active) from different banks to his company, such as Seaside Grain Co., have not been repaid, and the funds were transferred by him. This further emphasizes the ongoing manipulation and unethical behavior.

These actions violate multiple major rules, including:

Creating multiple accounts (to manipulate assets and net worth).
Manipulating the public market through the exchange.
Breaking transparency rules for public companies by launching illegitimate IPOs.


All these findings are from his public company and exchange section of the game.


This article may not be copied, reproduced, or published in any newspaper without permission.
MrBird
Mogul   VIP
I knew that Willslate was a suspicious guy. He once tried to scam me of my 4000$ via auction but thankfully the game didn't go through with the sale. After that the rumors of Vestedius being his alt account rose up, but he denied it by saying that it was his friend.

We should also mention that IPOmaker could be his alt account as well since he is the one that made IPO, EasyIPO, PumpIPO, DumpIPO, CommitIPO, pmoIPO, MoreIPO, TheBestIPO, ElectricIPO, and AnotherIPO. It is also important to note that IPOmaker has 2 accounts, IPOmaker, and IPOmaker2.

This also makes them suspects of the recent toxoid price increase on January 24th. They could have increased the price of toxoid to 5000$ so that they can make the IPO companies, which are mostly toxoid production companies.

Overall, I think that this is a pretty good report, and I think that we should start investigating Willslate and his possible alt accounts. I will also be making a report on this at General News.
MrBird
Mogul   VIP
Check out the article I made on this situation in General News! Information for the article has been collected from personal experiences, forums, the exchange, and BullGame's recent report on this situation. You can read the article for free by clicking this link.
BullGame
Mogul   VIP
Quoting MrBird:
Check out the article I made on this situation in General News! Information for the article has been collected from personal experiences, forums, the exchange, and BullGame's recent report on this situation. You can read the article for free by clicking this link.



Do not use the sources and evidence that I have collected.
BullGame
Mogul   VIP
Quoting MrBird:
I knew that Willslate was a suspicious guy. He once tried to scam me of my 4000$ via auction but thankfully the game didn't go through with the sale. After that the rumors of Vestedius being his alt account rose up, but he denied it by saying that it was his friend.

We should also mention that IPOmaker could be his alt account as well since he is the one that made IPO, EasyIPO, PumpIPO, DumpIPO, CommitIPO, pmoIPO, MoreIPO, TheBestIPO, ElectricIPO, and AnotherIPO. It is also important to note that IPOmaker has 2 accounts, IPOmaker, and IPOmaker2.

This also makes them suspects of the recent toxoid price increase on January 24th. They could have increased the price of toxoid to 5000$ so that they can make the IPO companies, which are mostly toxoid production companies.

Overall, I think that this is a pretty good report, and I think that we should start investigating Willslate and his possible alt accounts. I will also be making a report on this at General News.



Oh, he tried to scam you? I had a feeling he was involved in things like that, so I cut all ties with him
Willslate
Mogul   VIP
Quoting BullGame:

Even more concerning is that, just hours before the spike, WillSlate purchased toxoid through SafeFund—a holding company. There is no logical reason to buy toxoid through a holding company since he wouldn't be able to use it to create a vaccine. Instead, his goal was clear: manipulate the market, bring his company public, and profit from unsuspecting players buying his shares.

Not much to say here except that no player bought shares when the net worth was inflated. The spike was used to create the IPO, not to give investors the impression that my company was more valuable.
Quoting BullGame:
Furthermore, there are strong indications that "Lucius"; and "Vestedius"; are the same person and potentially linked to WillSlate. Through SafeFund (which became a public company after his exchange pricing manipulation), the transaction history reveals that WillSlate bought 65% of QuickLoans shares (a bank company) for $0. This raises serious red flags—why would someone give away a major bank company, one of the most expensive assets in the game, for nothing? Interestingly, QuickLoans was previously owned by Lucius.

Vestedius is still a friend, he quit the game and his character is dead. He did a lot of loan fraud and I think everyone remembers when his 5 different companies with big debt were placed on auction. He gave me his bank upon quitting. As for the Lucius part he says that Lucius never owned the bank, please elaborate on your source for this claim.

Quoting BullGame:
After manipulating toxoid prices and deceiving players into investing in his inflated company, he created another account called "CarlHigh". Despite being newly created, CarlHigh already has a net worth of $26,000 with only 1153 experience points—which is highly suspicious. He also established a company, High Holdings, and took it public within a single day by purchasing toxoid at an inflated price through SafeFund. He paid $500 for 0.1x toxoid (equivalent to $5,000 per unit) and then transferred most of the toxoid from SafeFund to High Holdings, inflating its valuation to meet the $200,000 IPO requirement and launching another public company under false pretenses.

Be sure to address when your statements are only speculations. Carlhigh is a friend as well, who unlike Vestedius still plays. I have helped him with the Toxoid spike, but that is absolutely no indication of him being my alt account. The Vestedius speculations I can understand, but this is far fetched and not addressing it’s nature (a speculation, a guess backed by one transaction that only implies my aid to him) in a transparent article is embarrassing.

Quoting BullGame:
He also distributes dividends 2x per 10 days, and upon reviewing the transaction history (in SafeFund), it is evident that he is transferring his own money into the company and then issuing dividends. Essentially, he is circulating funds between his personal account and his public company. Admins need to investigate his account to determine the actual source of these funds.

This part I find the funniest. Please check SafeFunds transaction history and when your at it look up reinvestment. The funds for dividends come from subsidiaries. When dividends are paid, I reinvest 90% of my stake from the dividend back into the company so that I can give out 2 the same day. From the second one I also reinvest 80%-90% back to SafeFund so that we have funds at hand. I’d be very glad if Admin could look in my account and affirm to everyone that apart from the toxoid spikes I have done none of this.

Quoting BullGame:
Recently, this player launched yet another IPO, and many of the companies involved are linked to toxoid category, which directly connects to the WillSlate's public company. Is there a connection? This is getting massive.
The public companies—IPO, EasyIPO, PumpIPO, DumpIPO, CommitIPO, and pmoIPO—are all linked to High Holdings due to the gradual decrease in High Holdings' net worth. It appears that money was transferred from High Holdings to these companies, further suggesting potential manipulation.

I have nothing to say to this, like I earlier addressed CarlHigh is a friend, not my alt account. If these allegations are true then I’ll cease our partnerships, but I have a hard time seeing how a gradually decreasing net worth indicates this IPO wave. Seems pretty far fetched.

Solid well structured article, just make sure to write so we can differentiate between fact backed statements and far fetched guesses next time.
masterplayer833
Mogul   VIP
While some of the arguments willslate says are valid, and make sense I would like to say that I was once partners with willslate and after some shady looking dealings I ended our partnership. Willslate may lie but at least he gave me my shares back and I gave him his back when I ended the partnership. Though he did proceed to call me someone without integrity. I do not know if it is the truth or not but calling alt accounts friends seems like the best way to divert suspicion. Though vestidius dining makes it seem more like a friend that quit than an alt account.
BullGame
Mogul   VIP
Quoting Willslate:

Vestedius is still a friend, he quit the game and his character is dead. He did a lot of loan fraud and I think everyone remembers when his 5 different companies with big debt were placed on auction. He gave me his bank upon quitting. As for the Lucius part he says that Lucius never owned the bank, please elaborate on your source for this claim.


QuickLoans was previously owned by Lucius. He is still active in the game. How can you say that he gave his bank to you upon quitting?
BullGame
Mogul   VIP
Quoting masterplayer833:
While some of the arguments willslate says are valid, and make sense I would like to say that I was once partners with willslate and after some shady looking dealings I ended our partnership. Willslate may lie but at least he gave me my shares back and I gave him his back when I ended the partnership. Though he did proceed to call me someone without integrity. I do not know if it is the truth or not but calling alt accounts friends seems like the best way to divert suspicion. Though vestidius dining makes it seem more like a friend that quit than an alt account.


I believe he is just diverting all the attention to his friend's account. Also, it's worth noting that all the players I mentioned in my report happen to be his friends—could it be that he is using those accounts himself?
For example, Vestedius is currently not active, and he took out significant loans across all his companies—amounting to more than $10,000. Upon receiving the loan funds, he transferred the money into an unknown account, now his original account has been inactive.
MrBird
Mogul   VIP
Yeah. When he tried to scam me via auction, the company was owned by Vestedius and Willslate was a CEO (or a director I forgot).
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