Yes it does, so if anybody with 1k+ rep tells you to send $2000 first, and they will go after, do it.
If you get enough Rep power, you can ban people yourself.
You can acquire more Rep if you constantly ask Staff for "CS"(keyword for REP).
Once they see that you want CS, they will see you as a really committed MPGH member and will get lots of perks.
I could have 10k posts, 10k thanks, 10k reputation, that doesn't mean I wont scam you... These kinds of things do not count as others have already mentioned, but @iCudi's post is quite hilarious and I suggest you to try it, because it has worked with selectively members around MPGH, one of them could be you.