Why do you keep giving this guy's lies any credence?

1) He's not "going through a divorce." He's divorced. He has been divorced for more than a year and separated for longer than that. His wife kicked him out when he borrowed $1000 to go to Australia on a whim, despite his having no income and his accumulating over a quarter of a million bucks in debt, much of it in her name, thereby ruining her life too.

2) He "he hasn't racked up a single new dollar of debt in 2009," or so he says. Not for lack of trying though. He hasn't added any new debt because it has become impossible for him to borrow more. Having been deprived of the only source of cash he ever had, he has mysteriously developed a new religion of debt-free living.

3) He also fails to mention the additional $50,000 or so of debt he's added in the past couple of years by using a guarantee from his parents. And he hasn't earned a penny to help his parents (both of them government employees, who probably have their own problems in today's reality), make the minimum monthly payments on the debt he's saddled them with. No wonder they've now kicked him out too.

4) And you claim he has "two typically quirky ventures." What is your definition of venture? Most of us would think of it as something that one works at and which generates income. Neither of his so-called "ventures" has ever produced a dime. They're not ventures, they're hobbies. And he doesn't really work at either of them, mostly he just blogs about what he might do.

The only lesson from this guy is to avoid anything he does or says. And stop giving him attention and try to make him out to be something less criminal and fraudulent than he is.

http://www.caseypedia.com

-btc

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To Andrea Chalupa:

Good Lord, you are gullible. "Below The Crowd" summed up the major flaws with your article. And you need to understand that Casey Serin is an inveterate con-man who twists words to place himself in a [marginally] better light. Serin states that he's "unstable where income is concerned". Actual truth is that he hasn't held a paying job since late 2005. His one chunk of income since then was the sale of his former blog for $50K.... which is impressive, until you realize that to earn that $50K, he went millions of dollars into debt, ruined his marriage, and destroyed his online repuation in perpetuity to the point where he's all but completely unemployable.

"I rather continue to heal, not worry about [debt]", says Serin. Quite a turn-around from a couple years ago, when he vehemently insisted that he wanted to pay of "every dirty penny" of his fraudulently-acquired debts. It's about time that he states his true feelings -- "I'm going to screw over everyone who lent me money in the past. I couldn't care less about paying anyone back, up to and including my own parents."

Oh, and he likely owes more than "merely" $190,000... he may have owed $190K in unsecured personal credit card debt. On top of that is the $65K+ he owes via his "corporation", Able Buyer Inc. On top of *that* is any taxable income owed due to debt forgiveness, taxable income which might reach over a half million dollars.

Here's a little hint for readers... you don't want to do *anything* "the Casey Serin Way", least of all getting out of debt. The last thing you want is to ignore your debts. Keep in mind, Andrea, Casey is currently couch-surfing between various enablers' houses and living in a dilapidated cargo van on the street. He's essentially homeless, un-educated, unemployed, with zero prospects for the indefinite future. Is this how you want your readers to end up?

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This is crazy. Did you do more than 5 minutes of research on this? If you did, you'd know that Serin as recently as a year ago was advising people that "the fastest way to become a millionaire is to borrow a million dollars".

http://www.caseypedia.com/wiki/OPM

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Hey Andrea, your stories about Casey Serin are excellent for comic relief. Really, could you brown-nose him any more? In your last article on WalletPop you described him as "angelic and rosy-cheeked". Are you attracted to him or something? because if so, he's not interested... do some research and you'll quickly learn that he doesn't swing that way.

But please keep us all updated with stories about Serin's latest escapades. Also, maybe you can write some new stories about another "angelic", eccentric but lovable character named Bernard Madoff. I hear he's also working on some "new ventures" to help him get out of debt... a new business related to doing laundry at a prison.

By the letter of the law, Andrea, Casey Serin should be in prison as we speak, for at least 10 felony counts of mortgage fraud and wire fraud. Maybe you can interview El Dorado County D.A. Vern Pierson (who recently promised to crack down on mortgage fraudsters) and find out how the FBI has reached such a supreme level of incompetence.

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Andrea!!

Thank you for the coverage! We got the usual critics to throw in their slant, but that's GOOD, make this stew all the tastier.

--
Casey Serin of Island 2012
Comment authenticated via Twitter:
http://twitter.com/CaseySerin/status/3720341720

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And please, stop using the word "entrepreneur" to describe Casey Serin.

Entrepreneurs are people who create value through hard work. Casey Serin avoids work and has done nothing other than destroy value.

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Andrea,

Please stop enabling Casey Serin. He truly believes he'll find more investors (er.. suckers) for his "island" plan via free publicity.

He's a liar, a common thief, a bum living on the streets. Someone who betrayed his mother and father by practically stealing from them $40,000 USD. He's now going to scam all those people who send him advertising dollars on a project he knows will never become reality.

He's a disgrace to America. He should be sent back to Uzbekistan.

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This article does NOT apply to me. I don't have any debit. I have not made any loans or have done anything risky like this man has done. I am also not married and is not having a long term relationship with anybody so it helps me to be a lot more responsible with myself and my own income.

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Please pull this story...I see no merit for it on here whatsoever...I come to Wallet Pop for advice on how to navigate these tough financial times, including how to get out of debt. I don't want to read about a scammer who is obviously still up to his old tricks to get himself out of debt the lazy way....not like the rest of us who are trying the old-fashioned way...thru hard work and discipline.

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I think what we have learn t from Casey Serin life is first of all don't give up,what ever may be situation try to think how to cope up with once you will start thinking your half job will be done and I am sure you will definitely find a way out.And if not try to consult a professional they will definitely find a way for you.You can also discuss your problem in some of good community site forum section where you will get the answers of all your questions.i came across a world largest community site which has helped a lot of people in getting out of Debt.Here is the forum section :

http://www.debtconsolidationcare.com/forums/

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Perhaps Casey should GET A JOB! Oh, and pay his debt.

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