Sharing his profit? Come on. I was paying for his silly humanitarian effort when my account matured. I didn't recieve a single cent. How come investors come last? What big profit? Just because he can give meeting all around the world doesn't make him true. Didn't he lie about having connections to royalty and the ministers. Didn't he lie about 10x5? What about the gold?
Just because something hasn't been done before doesn't mean it can't be done. Who would have thought of 911?
Does that include the sick, the old, the widows, children and people in debt who were "tricked" into believing in his schemes. It doesn't take that long when I put my money in a FD or a BOND. Maturity it pays. No, light at the end of the tunnel excuses! No people calling me greedy. You need to have your values examined. It has taken so long because that's just what it is SO LONG to our money! You can maybe write off the loss, how many of us can't. Some didn't even live long enough. So don't get righteous with me. By the way, if you read my earlier post I was a beliver too. But I have had enough of his crap and his lies.
I think your answer speaks volumes about your way of thinking. Have you ever thought of in any goverment past or present when the system was clean and without crooks? They stole from us as you say then BM comes in a sweep whats left.
It boils down to this, you maybe can afford the loss. You maybe a asskisser. Whatever you maybe, it doesn't change the fact that I think that BM is a loser and a liar. ROT IN JAIL.
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27-10-2006, 03:40 AM #21
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Did anyone get any $$$? Share what?
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27-10-2006, 04:29 AM #22
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Thanks for your latest update regarding Brian's case.
Chellappa
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27-10-2006, 07:04 AM #23
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Thanks for the info om BM. Would like to know of what chance of getting a return on the money put into PIP ?
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27-10-2006, 07:20 AM #24
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Laugh when you can, apologize when you should, and let go of what you can't change. Kiss slowly, play hard, forgive quickly, take chances, give everything, never go to sleep angry and have no regrets. Life is too short to be anything but happy.
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27-10-2006, 07:58 AM #25
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It's strange that BM can do no wrong for some people with every critical source being ignored & discounted and everyone of his statements still repeated as gospel, and conspiracy theories abounding.
I believed this guy once too but these days are long gone. It's up to a court of law now where only hard evidence will count.
People repeat "Why did he not run?" He did not need to. He had our $$ and very very few people were going to fly to KL to demand it back and even if he would just refuse to see you. If "he did not run" is enough proof for you, maybe it is time to not dumb everything down that much.
I will certainly not stoop so low and publicly defend the actions of a scammer by repeating the tired old phrases of "It was your own fault" or "it was high risk" - maybe someone should have told Bryan that since he forgot to mention that on a regular basis.
Isn't it bad enough that loads of people were betrayed & defrauded?
And this concept of "don't put in more than u can afford to lose" - if I know I am going to lose it for sure I prefer not to put any, thank you very much. If someone lies to me about the level of risk involved that is on them and not on me.
Most people can actually afford to lose everything because it has happened to some (& keeps happening) and in that situation we do survive somehow.
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27-10-2006, 09:55 AM #26
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After August 16th., he had no passport to run with! But the signs were that by developing PSK he was intending to start another scheme, allegedly (as with Pips) based in Panama. Whether the intention was to roll the more belligerent Pipsters over into it as he had with earlier schemes, is not known but as Mrdome points out, few members would be willing to fly to Malaysia to confront him.
The ancillary businesses, Bistro, Fashion house etc., were all registered,not to Pips, but to Sharon or others, presumably as a little nest egg.
And, try as I might, I cannot find any reference to Pips being a "high risk" investment. Quite the reverse, it was touted as, to quote Mr. Marsden, a "win-win" situation in which only a major world catastrophe or international financial meltdown could possible endanger the depositors funds, whose concerns were, of course, assuaged by the mention of the $100M indemnity policy, not to mention those golden bars in Australia.
I find it amazing ( and alarming) that there are those who still choose to belive in the Marsden Miracle.
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27-10-2006, 11:39 AM #27
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Thank you for the update.
abild
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27-10-2006, 05:34 PM #28
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Thank you Owen Platt for the one comprehensive post that sums up the past and present situation with Pips. Having met, observed, read and listened to BM on various occasions, it quickly became obvious after the first face to face, that I would be extremely lucky to come out winning, despite whatever it said I was worth in my screen account. Unfortunately my deposit was made prior to my FTF meeting, which immediately put me on my guard, as the impression gained was one of a lack of faith in his capability to manage a corporation administering the volume of funds that were apparently under his control.
I suggest that many others probably felt the same, but by then it was too late to steer the ship around. Whatever his original intentions were for the future of Pips and his own wealth creation, it seems his training for the job of piloting a ship of this increasing size was inadequate and he became incapable of keeping it off the rocks with the result that it sank with all hands, failing in the process (I suspect) to set up a financial lifebelt for himself, purely as as result of inadequate planning and man management.
I'm not sure how much sympathy he is deserving in his present predicament, certainly he should have called for assistance at an earlier stage if he really had concerns for his passengers and crew, but I suspect he possibly didn't want to disclose the leaks below the waterline in the later stages, and we all know what that resulted in.
One last point regarding the current charges that relate to money laundering. Most of us would not have thought of this charge as being the foremost misdemenour relating to BMs corporate offences, as regards our own personal losses, but this ownly serves to prove the point concerning lack of corporate training, he should have known, that by accepting funds from the variety of souces that they did, without the due diligence (DD) relating to the source of funds and the character of the individual investor/lender, as a company, they were bound to attract the attention of the financial regulators at some stage very soon. This of course, finally came to pass and caught the unwary completely off guard, all as a result of lending money to supreme amatuers ......... lesson learnt ......... I suspect not!!!!!!Stargazing brings enlightenment.
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27-10-2006, 05:58 PM #29
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Does anyone know when we might hear if we are going to get any of the money back? or Who we might write to and find out what is going on with the money and the profits we should have made?
Please write if you know. Thank you
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27-10-2006, 06:38 PM #30
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Bryan and Sharon are in custody and the court case will most likely not go to trial until some time next year. BNM has been investigating since the raid in August of 2005 and it appears that they are expanding their investigation beyond Malaysia. Meanwhile the Marsdens have been criminally charged with 60-70 counts of money laundering. It doesn't look good at all at this point. You could make a direct inquiry to BNM but that does not guarantee they will respond. I personally don't hold out any hopes of recovering my investment.
" May the fleas of a thousand camels infest the armpits of any infidels who stand in the way of the $1.48 reval of our blessed Dinar."--Some Iraqi guy
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