KUALA LUMPUR, Jan 11 (Bernama) — The Malaysia Securities Commission (MSC) has achieved a breakthrough in its Internet enforcement investigation case against the Global Pension Plan (GPP) Internet investment scheme. Finnish NBI, Sweden, Germany, Australia, Switzerland, Singapore and the US Postal has been investigating GPP since last spring. About Ringgit Malaysia 12 million (2.5 Million Euro) is currently held in six bank accounts in Panama and eight bank accounts in Latvia and Bahamas, the SC in a statement here today. “As Global Pension Plan (GPP) is a worldwide scam that operates in the borderless Internet realm, the SC is working closely with regulators from seven other countries to combat these illegal activities,” the commission said. “This cross-jurisdictional collaboration has led to the discovery of valuable information that has facilitated investigations,” it added. Finland, Austria, Switzerland, Sweden, Germany and US Postal Bureau suspect the investment website of being a fraudulent pyramid scheme. The company website was closed without notice sometime during the last couple of weeks. The investigation was launched after authorities received thousands of complained from the investors in the Malaysia. “Investors are again reminded that neither Global Pension Plan nor GPP are licensed by the SC,” it said. To date, the SC has blocked one websites related to Global Pension Plan, namely http://www.globalpp.tv , and http://www.global-final-step.net will be blocked next. The commission said it would continue to take all measures to combat investment scams, including blocking access to more websites, and taking appropriate enforcement action and arrest against its operators and agents.
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Thread: Global Pension Plan
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11-01-2010, 10:22 PM #1971
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12-01-2010, 12:22 AM #1972
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Win or lose, at least the topic is active and being discussed.
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12-01-2010, 05:12 PM #1973
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18-01-2010, 03:50 PM #1974
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I bought into GPP 4 years ago and over the first year or so I had real hopes. The last 24 months have been rediculous. It became obvious I and many others have been scammed as communications were poor, the site was never up, promises that were never kept and rules bent month on month. Unfortunately all the participants I know still believe it's going to happen even after they say they still have 16K policies to sell and if there not they close the program. Well at least I have managed to move on!
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22-01-2010, 09:26 PM #1975
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01-02-2010, 01:09 PM #1976
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04-02-2010, 08:55 PM #1977
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08-02-2010, 10:16 AM #1978
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It's an interesting approach. I commonly see unexceptional views on the subject but yours it's written in a pretty unusual fashion. Surely, I will revisit your website for additional info.
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23-02-2010, 07:16 AM #1979
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The approach used was quite interesting......
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08-06-2010, 09:03 PM #1980
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I lost Wayne from Talkshoe's e-mail address. Anybody got it, please send to me.
Thanks in advance.
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