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Discuss hiring a lawyer for pips investors from outside Malaysia.
Hello
Several members have contacted Rolclub and shown interest in hiring a lawyer on behalf of pips members and represent the pips members that invested in pips from outside of Malaysia..
Frankly, i wouldn't have a clue on even where to start if something like that was to be done, or if it's even worth trying.. I would need the members input on how you think this could be done at first. And perhaps if there is enough interest, we would consider hiring a lawyer to represent all members that show interest.
Please keep the "Marsden bashing out of this thread, and please come with constructive comments on how/if anything like this can be done". Some say there is no money left. Others say there is, but we can not do anything before the trial is over... I let the membership of this forum present their case..
Please also include a line at the end of your comment saying if your interested or not...(if you are, please login to your userCP on Top Left, and keep your email's updated incase we agree on doing something about this case.
Well the update mentions that there are frozen assets worth 8 million RM.
That equates to approx 2.4 Million US$
Considering what PIPS should have been worth when it closed , those assets are the preverbial "peanuts".
By the time Lawyers and the court costs have been deducted, there will be little left. So in my opinion it would be a pretty pointless exercise to tray and hire a lawyer.
Any assets left out side of Malaysia are unlikely to be found.
The ongoing process is about money laundering not about Pips, and the people who put money into Pips are not part of this process. If there will ever be a trial about Pips it might be an option to hire a lawyer but not before that.
For now I just say: Let's wait and see.
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The ongoing process is about money laundering not about Pips, and the people who put money into Pips are not part of this process. If there will ever be a trial about Pips it might be an option to hire a lawyer but not before that.
For now I just say: Let's wait and see.
I couldnt say it better.
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Until the trial we are only speculating on what we think the facts are concerning Bryan, Sharon and the investors money.
I joined PIPS early on and have a very different belief and opinion than those stated by many who joined later.
I even flew to Malaysia for the first convention as well as to Hawaii for the last one.
I visited the offices of Bryan and Gary while in Malaysia and spent one on one time with each discussing PIPS and the future vision they had for the company.
I do believe that the constant delay in the trial is incredibly cruel to everyone; especially Bryan and Sharon who have been left languishing in jail for so long. How fair is that?????
My constant prayers are for them and for those who continue to carry malice in their hearts toward Bryan and Sharon. Until the facts are presented we don't have the right to judge.
I appreciate being informed of the trial happenings by TheBat$. Especially when facts only are reported. I find it unfair to include emotion and personal opinion since others can witness the same thing and come away with differing feelings and opinions. Let the facts speak for them self.
I even flew to Malaysia for the first convention as well as to Hawaii for the last one. I visited the offices of Bryan and Gary while in Malaysia and spent one on one time with each discussing PIPS and the future vision they had for the company.
He had everyone eating out his hands. Like you my relatives went to meet the man and came away convinced he was the "real deal}. I have been to the office many times and I also have met the man, in my view (at that time) the operations were legit. Checks being processed, tens of thousand dollar checks from deposits. It was its diverse investors that made it look real. (companies, individual, retirees and etc.)
Quote:
I do believe that the constant delay in the trial is incredibly cruel to everyone; especially Bryan and Sharon who have been left languishing in jail for so long. How fair is that?????
I don't think its fair to everyone to wait for the trial to begin, however I am getting suspicious that its the lawyer that is causing the delay.
Quote:
My constant prayers are for them and for those who continue to carry malice in their hearts toward Bryan and Sharon. Until the facts are presented we don't have the right to judge. I appreciate being informed of the trial happenings by TheBat$. Especially when facts only are reported. I find it unfair to include emotion and personal opinion since others can witness the same thing and come away with differing feelings and opinions. Let the facts speak for them self.
Pray for them if you like but if you are presumed to rip off people, tell lies and fraud (using money collected to start Halotto), fake ones identity (Barry James, remember?), also said that they weren't arrested when in fact were and out on bail until their subsequent arrest in August 05. Not having license to operate the investment in Malaysia! Can you forgive some of us if we already formed and opinion?
As for reporting, I report facts then include my observation as I was there.
__________________
COMING TO PENANG?
TAKE A LOOK AT WHAT'S IN STORE, LET BATTY BE YOUR GUIDE!
I appreciate being informed of the trial happenings by TheBat$. Especially when facts only are reported. I find it unfair to include emotion and personal opinion since others can witness the same thing and come away with differing feelings and opinions. Let the facts speak for them self.
We cannot agree more on that fact itself. As to the Funding of a Lawyer, (back to the topic), one eventually need to ask, just how and by then would it truly serve the outraged & ripped off community of lenders just to secure whatever facts that can be derived from the trials on the Marsdens and if you will, "perhaps"...just perhaps..., their case is not going to end there & then, to retrieve whatever amount totaling some millions that is now held back by the Malaysian authorities, that it won't be compounded and released instead... in light of the allegations to wrongfully obtaining the monies without being licensed... that sum now in safe custody is more than likely to be absorbed into the Malaysian Tax Budget portfolio.
Is a lawyer then worthy for consideration? I doubt at all and even until the trial is finally over but just keeping a close watch at the trial developments, is all that is left as the only interesting thing to do to see a satisfied end for a closure, and certainly, no lawyer is needed for that.
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At this point, a lawyer would cost us more than it will take to send me. I work for FREE! lol plus food and lodging. Seriously. We don't know yet how much lay hidden or spent inside or outside the country. S******d off to another secret account. Surely though no pot of gold, remember "backed by gold" if by gold you mean B.S. he's got plenty of it. Telling us all to be patient and the light at the end of the tunnel crap.
But in case you all want a lawyer, I have 2 choices in mind. It all depends on what is the outcome of the trial and how much we have vs. how much we can take back. US2.4Million (point to us by Picco) isn't amounting to much divided equally among all the PIPS members, that is if we get the sum back clean. Suing a broke BM also isn't logical. So we sit, wait and pray for the right time to move in.
So getting a lawyer to go in at this time will be a waste of funds. Imagine our lawyer turning up for the last 3 trial dates that have been postponed or cancelled. I don't think our fund can cover it and also plus consultation fees etc. $$$$$
I leave it to Admin & Yogi to direct me. I will keep as vigilant as I can.
Cheers.
TheBat$
__________________
COMING TO PENANG?
TAKE A LOOK AT WHAT'S IN STORE, LET BATTY BE YOUR GUIDE!
For me, it doesn't seem worth it. Certainly not now. Lets wait until the current trials are over. Then we'll know if BM actually has any money let. If he suddenly has hundreds of millions of $ unfrozen by the bank and returned to him, then maybe it's worth it.
Otherwise, it's not... a lawyer would cost a LOT of money and would require serious and committed donations from hundreds of members here. I don't see the point in throwing good money after bad. Especially on lawyers!
Nej, what do you suggest we throw at them? (the lawyers)
Quote:
Originally Posted by nej
For me, it doesn't seem worth it. Certainly not now. Lets wait until the current trials are over. Then we'll know if BM actually has any money let. If he suddenly has hundreds of millions of $ unfrozen by the bank and returned to him, then maybe it's worth it.
Otherwise, it's not... a lawyer would cost a LOT of money and would require serious and committed donations from hundreds of members here. I don't see the point in throwing good money after bad. Especially on lawyers!
I'm just kidding about throwing things at lawyers! But as you clearly pointed out hundreds of millions is the only thing that would warrant a lawyer or two. Then even if each got back one million, it would be worth it. But does he? He should, I am worth almost 20million now, where is my money!!!! Crazy thing about 2% and dual accounts.
Cheers.
theBat$
__________________
COMING TO PENANG?
TAKE A LOOK AT WHAT'S IN STORE, LET BATTY BE YOUR GUIDE!
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Discuss hiring a lawyer for pips investors from outside Malaysia.
What do you think?
As to the Funding of a Lawyer, (back to the topic), one eventually need to ask, just how and by then would it truly serve the outraged & ripped off community of lenders just to secure whatever facts that can be derived from the trials on the Marsdens and if you will, "perhaps"...just perhaps..., their case is not going to end there & then, to retrieve whatever amount totaling some millions that is now held back by the Malaysian authorities, that it won't be compounded and released instead... in light of the allegations to wrongfully obtaining the monies without being licensed... that sum now in safe custody is more than likely to be absorbed into the Malaysian Tax Budget portfolio. 
Is a lawyer then worthy for consideration? I doubt at all and even until the trial is finally over but just keeping a close watch at the trial developments, is all that is left as the only interesting thing to do to see a satisfied end for a closure, and certainly, no lawyer is needed for that.
Seriously. We don't know yet how much lay hidden or spent inside or outside the country. S******d off to another secret account. Surely though no pot of gold, remember "backed by gold" if by gold you mean B.S. he's got plenty of it. Telling us all to be patient and the light at the end of the tunnel crap.
Crazy thing about 2% and dual accounts.
Hybrid Mode
