Interesting,

I guess even the deaf can hear the fat lady singing at this point.

Good luck to all, Mike

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Bryan John Marsden - a 58-year-old British national - and his Malaysian wife Phan Sew Ken, 50, allegedly committed the offences by receiving money that were proceeds of unlawful activities in between Aug 12, 2003 and Jan 4, 2005.

Looks like really bad news.I missed the unlawful activities bit.

Interesting,

I doubt we will ever hear from him again, not only since he has no money for bail, but I doubt he will be given a computer in jail.

Good luck to all, Mike

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I personally would like to know what this means in regards to accountability
of our picpay funds, are they there, were they ever there etc. etc.

It mentions money laundering between 8/12/2003 and 1/4/05, what about 1/04/05 to
August 2005

Perhaps there were insufficient funds to "move around" after that date.
Certainly puzzling.

I am not sorry they were banned, but in retrospect it would be fascinating to see what ArcturusI, Newlife, Luckydog, Second Mouse, Goldeneye, 4Dtaxman and their protector-in-chief, Everwiser (no longer a mod), would have to say about today's development.

Maybe they will show up in disguise, but I doubt they have the moral fiber or backbone to do it; they'd have a lot of explaining to do -- not so much about PIPS but about their despicable behavior towards others on this forum.

Of course it would end like this: just like Bryan, they flew the koop just before reckoning time.

Wow.. so many PIPSters....
I never hear anyone got refund yet...
But I am Solidster... I hope SI really refund.... otherwise i have to wait several years to see Sam Colins going to court.

the truth will come out and we'll know what happened to our money soon.
wish for the best

how come they only charged them with money laundering and not SCAM/PONZI?
like all the BM basher were saying for a long time or are these charges coming soon

Please note that the monies were the proceeds of illegal activities.

There is nothing yet to say that Bryan knew that the money was illegal when it was received at PIPS.

Perhaps some members need to look at their own conduct, because they were the one's who put the money in.

This isn't over yet - and I can't hear the fat lady singing!!!