(Topic ID: 108377)

The Official Pinside Kevin Kulek Skit-B Predator Discussion

By Xerico

9 years ago


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  • Latest reply 7 months ago by j_m_
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Topic index (key posts)

87 key posts have been marked in this topic, showing the first 10 items.

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Post #12066 What is PACER and where are you getting the court documents? Posted by c508 (7 years ago)

Post #12502 Links to where Kevin gives "his side of the story". Posted by BillySastard (7 years ago)

Post #12515 Updated court filings. Potential cash coming into bankruptcy estate. Posted by Wolfmarsh (7 years ago)

Post #12528 Good summation of 2 year look back and possible fraudulent transfers. Posted by flynnibus (7 years ago)

Post #12580 More legal pleadings. Posted by Wolfmarsh (7 years ago)

Post #12593 Facts & allegations document for VirtuaPin Posted by c508 (7 years ago)

Post #12801 Photos of Experts of Dangerous Posted by fastpinball (7 years ago)


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#5348 9 years ago
Quoted from Aurich:

If you paid via PayPal? I'd imagine so. You think they're going to release the funds to him and trust that he'll just take care of it?
We're off in the weeds speculating now. I believe Kevin intends to refund people. I don't think he's an evil person, or was looking to rip people off. He just was colossally stupid and reckless. He put everyone's money at risk, and lied to them about that risk and the nature of what they were backing. That's the part that's terrible.
I still believe the intent was to deliver machines to people, and now that he can't I'm sure he's going to give back every cent he can. I truly do believe that.
But I'd never trust him with a project again, and I wouldn't fault anyone in the pinball community who said he wasn't welcome at their event. He really broke the community code, and it comes with consequences. Pinball is ultimately a small family

Who said Kevin kept the money in a Paypal account? He probably withdrew it into a bank account where he would have faster access to it and making interest on it.

#5353 9 years ago
Quoted from asay:

Plus he would have paid fees on it.
2.9%+$0.30 per transaction adds up pretty quick. There is 0 chance all the money is there.

I dont think Paypal is FDIC insured either. He would have nothing to gain and everything to lose with keeping the money in Paypal. His Paypal account is locked, I doubt he can do any refunds threw it. I think he's just buying more time.

#5359 9 years ago
Quoted from chessiv:

I don't think PayPal is going to find this amusing if they look into it. Although this amount of money may not show up on their radar. Too many complaints might.

Whats it matter if the Paypal account has a zero balance? If there was any money in the account, Paypal can issue refunds. You could speak with Paypal on an issue 5 times and get 5 different answers. I would bet when the charge backs hit Paypal, they limit every bodies accounts that are involved.

#5361 9 years ago
Quoted from OLDPINGUY:

Small info.
Paypal rates can be below 2%
Funds can be transferred from your bank to Paypal easy.
Paypal gladly accepts funds transferred in.
If Kevin wishes to refund through Paypal, I dont see any difficulties.

His account is locked. I doubt he can receive, transfer, send or refund any money.

#5364 9 years ago
Quoted from limelime20:

Your wrong, and why you would say such a thing without proof is slanderous..

Sorry.

#5368 9 years ago
Quoted from GGBGROUP:

Paypal is not the issue here. Start writing checks and mail them, fedex. The money is in a bank account that may have been tied to the PAYPAL account at one point. If it were me, I would have already transferred all the money to an escrow account that my lawyer has access to along with money borrowed from family, friends, my dog, whatever..just so it's all there.... and I'd have my lawyer sending checks via overnight mail with a letter stating that I would be filing bankruptcy in 5 days. No other way to handle it especially with criminal and civil actions forthcoming, and no llc to assist in protecting assets.

So he "Better call Saul"?

#5725 9 years ago

If you rob a bank but return the money before you are arrested, did you still rob a bank?

#6454 9 years ago

Has anybody thought about calling Skit B's local news stations and giving them the details on a story happening in their own backyard. I would say if several people called, they would look into and maybe help out in some way. They could put pressure on local or state authorities to get something done. All it would take is a persistent reporter looking for a big story to take this over the top.

#6459 9 years ago
Quoted from nhm:

This won't help. People have already started the legal process, there's nothing else that is going to expedite the situation. Here's a very likely outcome:
1. Lawsuits filed (already done or in process by some)
2. Lawsuit served. Kevin now has 30 days to file for bankruptcy. Standard procedure is to wait until the end of the 30 days.
3. Bankruptcy filed. Creditors (people who are owed money) MAY NOT CONTACT HIM TO COLLECT MONEY.
4. Kevin declares assets, and a meeting with creditors is scheduled. Creditors make their case for what they are owed. Judge decides who gets what. You will be surprised at what he gets to keep. Bankruptcy protects a lot. You'll get whatever money is left over, but little else.

I was talking more on the lines of an arrest for fraud. His local prosecutor might have a problem with someone in his county scamming people for over a million dollars. With a story on the local news, the community might want some answers and push the issue.

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