Thread: Your GINS money returning soon.

Originally Posted by YogiBrood

He has agreed to the suggestion to have me liaise with him on behalf of any member that could seriously feel, is a victim of this scam and wants to recover his/her money...as soon as the AGC (Attorney General Chambers) makes their final ruling on this affair which is not too far off, we are looking at months if not many dozen of weeks subject to how the next wave of last attempt by account holders to respond...

Hey Yogi

Good news. I had been emailing one of the police dept. and they said they were going to start processing funds soon. That was months if not a year ago. So any refund from GINS would be great. What do you need from members? Their GINS usernames? Our real names and addresses? Thanks!

Wow...this is really good news. It kind of makes me think about Pips return possibilities in a different light.

Regards,

Thelema

GINSystem Inc Investigation

Thank you for your patience, which got the better of me since my return as I was completely bogged down with more than I had expected…. Right up to the point of discovering I was totally deprived to go on-line in my own home as I left both laptops in an underground HERTZ car park for a little longer than a weekend!!!

Alright, let me first keep you filled in on what I came to uncover when I was cordially invited to meet personally with the Dept and the OIC heading the GINS case in Singapore.

On the morning of 9th July, 2007, I met the Police Officer from the CAD, aka Commercial Affairs Department, Superintendent Mohd. Shari somewhere at an upper level of this large building that reached 16 floors! This is like the height of Scotland Yard in London. No cameras were allowed, so I had to surrender mine at the Reception Desk.

Let me first recap some background history surrounding GINS, if you are not aware about what GINS was and would like to, just read what is mentioned so far and be wary not to fall for any other similar programs that leaves a trail of fantasy-like opportunity riddled with incredible promises and payout schemes.

At this point where no headway is being achieved, as far as the frozen sum of money by the Singapore Authorities are concerned, the case remains widely in the hands of the Police who were left to the task in investigating the fraudulent practices of the GINSystem Inc setup based in Singapore back then and went rather active in early quarter of 2005.

To this day, it remains investigated by the CAD on the company, any other related company or associate(s) and the Officers involved for any cheating offenses.

Ginsystem Inc was incorporated in the British Virgin Islands with their last registered address as, TrustNet (British Virgin Islands) Limited, TrustNet Chambers, PO Box 3444, Road Town, Tortola, British Virgin Islands.

Ginsystem Inc offered “investors”, who, with a minimum deposit of USD$450 through the website (www.ginsystem.com), a return of 2% on the sum invested each trading day. They claim that returns (aka ROI) to investors are generated mainly from their own portfolio comprising various investment programs which involves bonds, share IPOs, private equity funds, forex, co-investment in direct investments and private investment placement funds. These claims became the center of contradiction and resulted as suspiciously linked to false & fraudulent representation.

The Director of Ginsystem Inc, one called Dr Tan, was arrested and charged in a local Magistrate court on May 12th, 2005 for conspiracy to cheat investors. Since then, the Police for their part, appealed to all registered investors on the list which they managed to seize as well, to contact the Singapore Police with more details and information about themselves and to confirm their account(s) being victims to this setup. I was also informed that the appeal was sent out to all those email addresses listed in the seized documents.

I for one did not receive the 1st appeal but a subsequent attempt however, did reach my home address and an immediate response was carried out naturally to help them and in the hope, will help the investigation secure the return of my rightful share of the sum invested in GINSystem Inc.

I eventually forgot all about it and was to the point in having that venture as a write-off case, but not for my wife who kept all the records for her individual loss, which was much more than my negligible share! Thanks to her, we can still see this recovery as a better hopeful and sooner than the PIPS case being far, far later and if at all….
I was also given this email address to remind anyone, who has not forgotten and has not made any response for whatever reasons or circumstances, to do so at:

[email protected] or call directly: +65.63250000 or 1800.2996999.

I was also informed by the Investigating Head of this Investigation, Supt. Shari, that since the second appeal to account holders were sent out in early 2006, little progress was achieved regarding the amount of responses streaming back to lay claim. I can safely mention that a mere 25% can expect their money (substantial but NOT 100% of it) be returned if the remaining 75% chose to waive it goodbye for good!!!

From this assurance, I was again led to understand that the Dept is willing to extend an indefinite deadline (of course, we are not looking at YEARS with this dateline but more in months from here on), to receive and verify all remaining account holders who have as yet to respond and make their legitimate claim. I was asked to open this channel of contact, whereby, being a Co-Admin on ROLClub, I was prepared to submit a collective list of those who are willing to provide details, by PM to me, their relevant details/credentials leading to their account status before it was shut down by the Singapore Authorities.

It shall remain confidential and you just have to trust me on that otherwise, you can also seek the other option, which is the email address stated above. Imagine, just 25% lying in wait and the rest???.. After the formal deduction of Admin and possible conversion charges and transfer fees for foreign investors, one can anticipate receiving close to 95% from one’s invested sum….so what are you waiting for, STEP ON IT and make something worthy of this claim open to you that rightfully is up for grabs… but only to those that qualify and passed the routine verification process which inevitably will also take place, I was told.

It is no secret either…. for the rest that goes unclaimed, will go to the Singapore State… perhaps buy more Chilly Crabs from Sri Lanka to welcome more tourists, it is a success formula I came to understand too!!!

The Police Head is committed to see this case closed, at least for the part of seeing all monies returned to their rightful owners, he double-checked my three accounts and yup… fortunately, mine is accounted for and verified and is ready to be released, only after the final approval, that green light needed from the AGC, aka Attorney General Chambers. It is anticipated, we are looking at some months now as this has dragged on far too long and it is not customary nor policy to retain these sums longer than necessary and this has gone rather long given all considerations taken into account.

The one and main stumbling block are the two factors being, the case of the prosecution and absconding bail by the accused and the failure of most account holders not responding to lay claim on the monies temporarily in Police Custody for safe keeping.

As far as Dr Tan goes this is what I was informed on that meeting.

He was charged, he paid his $50K fine but contested for appeal and in so doing, earn the benefit of the doubt to be granted bail…. Which was a hidden motive to flee and is to date, not apprehended as yet…

In my opinion, the bounty on his head for that smallish crime act that still stands with 18-months imprisonment, is not worth devoting Police concentration to apprehend him, not in his senior years and besides, his threat to society is not one of a harmful nature but he will be apprehended someday and in shame…they apply a different method there, saving and staying thrifty without unnecessarily wasting taxpayers money on such offenders on the run.

Thus, what is now left and certainly a clear path made is to verify the remaining response from any other account holder who may seize this last open opportunity. I cannot divulge a dateline or time frame either but why wait any longer?

Submit your claim without further delay!!…and one other thing, for this may also be an oversight which no one can be blamed for it. Those who had used email addresses to join the GINSystem back then and has since changed to something else, should not worry unless you had completely discarded all facts and proof to your legitimate person….for this must correspond to the details the Police already have like your names and addresses and other classified personal details in order to confirm you are who you claim to be and had indeed invested some amount. Your bank account is also essential for the transfer, they are not going to make over any other way if some are suggesting PayPal etc...

Please try to remember those emails you once used and also submit the new ones you wish to be contacted at and I can also set aside time to have you listed before I submit them to the CAD in Singapore.

I am going back there again before the Fall of this year ends…

The next post will cover some extra factoids I was also informed by the Police… these fingers need some resting after this….

I will have this update mailed out to the membership this evening. If you know anyone who has invested and will want to recover theirs, please inform them as well to act soon.


YB.

Is GINS a different program than PIPS or are we referring to the same program. I was a member of the PIPS program and was curious if anyone had heard any news as to if there was anyway to get our invested money back that we had invested in PIPS. If so... Awesome if not please just let me know. Anyhow, If anyone has a sumarized answer for what's going on with pips these days. It would be greatly appreciated. Thanks!

These are the relevant information needed to verify and authenticate your identity prior to approval for the claim be transferred to your given Bank account less the nominal charges that goes with a Bank Transfer from Dollars to other currencies in other countries.

- Your Email address when opening a GINS account:

- If more than one account, submit all email addresses involved:

- Your Full name:

- Your Date of Birth:

- Your current address and previous address if you have relocated since the shutdown:

- Your username(s):

- Your other contact details, they might make direct calls to you for extra verification:

- Your current email address:

- Your Bank or Postal Bank Account name:

- The Full Address including Swift, Routing or IBan Nrs:

- Your Bank account Nr. to receive the return sum:

- The date(s) you created the account(s):

- The amount you have invested in each account: USD$__________ .

- State which Currency or E-Currency involved to create account:

- Additional information:

In this order of submission, you may email to that given email address or copy-paste, complete the requirements and PM me to be added in the List that I will submit to the Police Dept handling this GINS Fraud case.


YB.

Originally Posted by Jonathanrw

Is GINS a different program than PIPS or are we referring to the same program. I was a member of the PIPS program and was curious if anyone had heard any news as to if there was anyway to get our invested money back that we had invested in PIPS. If so... Awesome if not please just let me know. Anyhow, If anyone has a sumarized answer for what's going on with pips these days. It would be greatly appreciated. Thanks!

For PIPS, you need to look up and follow from this thread:

http://www.rolclub.com/pips-program-...formation.html

GINSystem is NOT in anyway related to the PIPS.


YB.

Here is a PM received which I hope will spare me repeating the same or similar answers needed....

How do I know that when I release all of the requested information it will not be used fraudulently?

At this juncture, I am not in the position to answer that question given the fact that you may not even have had an account or any money invested with this scamming company and that the Police will only respond after successful verification of your identity and perceived/alleged claim(s).

I am also much more at ease and comfortable in not acting on a collective assistance on behalf of any individual who has further doubts or suspicions or whatever... the choice is yours to make, I know you may feel a double blow here but if you want to see your legitimate sum returned, only you have to act on it...NOT me to force you or rekindle you to stretch yourself to make a decisive decision for your own interests...certainly not to serve mine.

There is the email address to the Police that you can opt as well. Make use of that I recommend you without hesitation.


YB.

I have since received several very eager and anxious PMs with their (limited) details. I urge in reminding anyone to adhere with the requested requirements.

I can assure you, if any submission affects the systematic process, stacked against many others similarly posing the same headache, the person(s) handling them will naturally set aside yours for the last on the tray or even disregard it...such is the course taken by any desk employee.... so please, make it easy for them as for yourself...follow the simple instructions with what I am going to paste it here below again and for your convenience to
copy-paste, onto a Word doc, work accordingly with your answers and copy paste back into the PM and send it either to me or straight to that email address from the Police.


YB.

Maintain this order with your submitted answers please.

- Your Email address when opening a GINS account:

- If more than one account, submit all email addresses involved:

- Your Full name:

- Your Date of Birth:

- Your current address and previous address if you have relocated since the shutdown:

- Your username(s):

- Your other contact details, they might make direct calls to you for extra verification:

- Your current email address:

- Your Bank or Postal Bank Account name:

- The Full Address including Swift, Routing or IBan Nrs:

- Your Bank account Nr. to receive the return sum:

- The date(s) you created the account(s):

- The amount you have invested in each account: USD$__________ .

- State which Currency or E-Currency involved to create account:

- Additional information:

A good sample for submission

- Your Email address when opening a GINS account: [email protected]

- If more than one account, submit all email addresses involved: N/A

- Your Full name: Gin Alcoholic Tonic

- Your Date of Birth: Jan 01st, 1950

- Your current address and previous address if you have relocated since the shutdown:
4567 E. Wood Green St. SE
Beachhead, TX 45678, USA.

- Your username(s): 'bottomsup'

- Your other contact details, they might make direct calls to you for extra verification: 311-456-5555

- Your current email address: [email protected]

- Your Bank or Postal Bank Account name: First Chicago National Bank of Illinois

- The Full Address including Swift, Routing or IBan Nrs: ABA: 088545676
Austin Branch
PO Box 1234
7878 Richard Harris Rd. SW
Beachhead, TX 45678

- Your Bank account Nr. to receive the return sum: 707007

- The date(s) you created the account(s): 07/03/05

- The amount you have invested in each account: USD$ 3500.00.

- State which Currency or E-Currency involved to create account: transaction from e-bullion

- Additional information:
07/03/05
09:09:59 AM ATIP - Transfer Sent
To: GINSystem Inc.
Memo: Apply for username - bottomsup
Completed e-Currency USD n/a 1.00 USD$
per unit 3500.00
USD$ 0.00 3500.00 USD$

Only person of out of their mind would provide such personal details to unknown source over website. That person must be really stupid to do that.

I feel sorry to anyone that do that. They will be very, very sorry.

You may have been ripped off by Gins or Pips. However, I will never submit my personal information or trust someone who does over the internet. User name and password is one thing.. All the other information they should have if they plan to return anything. Date of Birth. Are you kidding... What does my birthday has to do with being ripped off. Are you planning to do me again with my eyes open this time. No thank your sir, once is enough.