Thread: RC should NOT support 10by5 anymore.

Originally Posted by peterben

Hi,

By whom was BM banned? Is this really true? Can they ban him from starting programs? Unless they have found wrongdoings, this would seem inappropriate.

peterben

No-one has banned BM from anything. He has been co-operating with Malaysias National Regulator investigating complaints received from the public to ascertain whether P*ps breached any of their rules regarding sale and administration of investments.

To date no charges have been made against either Bryan or any single member of the group of Companies. After a year of investigation it seems hhighly unlikely to me that anything other than technical offenses could have been committed.

Solid Invest on the other hand, (until recently promoted heavily by this forum) was off line for a matter of a few days before this happened.

A 100,000 dollar bounty has been issued. Contact us for more information. Earn 100,000 dollars for substantial information resulting in the further location and arrest of the operators of SolidInvestment.com.

The bounty covers and includes the person(s) that called themselves Rafael Sosa and/or Sam Collins.

Criminal charges are being filed as of today, July 12, 2006. If you have further comments or information, or need help, email us here at WORLDLawDirect.

Our lawyers are finishing several key meetings with law enforcement this week and we expect significant developments to be announced shortly. Separately, we expect e-gold Ltd. officials and their legal counsel to be the subject of a U.S. Federal Court subpoena. We believe e-gold Ltd. is subject to U.S. Federal Court jurisdiction and may be held liable for some or all of the investors' losses (and potential triple damages) in the Solid Investment scam.

Does the treatment of these two cases seem in any way comparable? I think not.

Does anyone think I have missed something here?

Michael

Originally Posted by Rockfish

IT IS ILLEGAL.
BM HAS BEEN BANNED FROM STARTING NEW PROGRAMS UNTIL AFTER THE BNM INVESTIGATION IS OVER.

WHAT? (lol)

I would love to know where YOU are obtaining your insight into this investigation from? (These types of BS public forums...LOL!) Who have you been talking to? What is your international legal background? Or do you just get off slandering anyone YOU think is guilty?

This is simply some wacko's hearsay personal agenda at work.....yet again!!

To me it is obvious that Marsden seems to be addicted to running scams. He is obviously good at deception, especially up close and personal as so many have attested to here, and found it an easy way to separate people from their money. All he ever talks about is his dire straits, so he must be desparate to get money for something, lawyers, better digs, to get the h out of dodge, or whatever; thanks to the laptop provided by loyal pipsters, he'll continue to do it, any which way, unless/until he goes behind bars.

Originally Posted by michaelr

No-one has banned BM from anything. He has been co-operating with Malaysias National Regulator investigating complaints received from the public to ascertain whether P*ps breached any of their rules regarding sale and administration of investments.

To date no charges have been made against either Bryan or any single member of the group of Companies. After a year of investigation it seems hhighly unlikely to me that anything other than technical offenses could have been committed.

Solid Invest on the other hand, (until recently promoted heavily by this forum) was off line for a matter of a few days before this happened.



Does the treatment of these two cases seem in any way comparable? I think not.

Does anyone think I have missed something here?

Michael

Agreed,

Sure is strange, I will give you that, and with no charges just yet, this is indeed unusual, but on the other hand, it could be a landmark case pro or con, we just don't know yet since there is no comparable.

But, we know Bryan was restricted, he said so himself, if true, so we are all still in the blind while we wait. If he was clear to start PIPS lotto, or HA, under the PIPS umbrella, as it was not included, great, I have no problem with that and was looking forward to it.

On the other hand, we don't even know if that was true, for BN was not aware of this HA lotto, but as one of my contacts stated, they were concerned, and then poof, it was gone, and not a peep was ever mentioned? If that was legal, then why didn't it come back? Why was two other identified deals started instead?

Sure are a lot of unanswered questions, and I cannot think of one valid answer to commit fraud, and starting any business, online or off is illegal under a fake identity. Why is it some can overlook this point. If it were just a forum name being used that is one thing, but this was not the case, and when directly asked, he stated he was Barry James, then admitted it, so how some can justify this as OK is beyond me, but we are all allowed to have our own opinions and ethics, no question there.

I don't think you missed anything, I just think different people have different opinions on these issues. SI was a scam right out of the gate, and plenty of us said so as the red flags were popping up in Dec., but hey, we all know deep down inside all HYIP's are pyramid scams, so I will not say Bryan's deals were same as SI, but come on, he still took money from HA deposits, even if only a few thousand, this should have been addressed before moving to next deals. Just my opinion on issues, but I agree, these are not comparable to SI, YET?

Good luck to all, Mike

Why do't BM go and get a job and stops all these nonsense wirth HA Lotto and 10x5 etc...

A pathetic soul...

I agree with Mike, I was seriously thinking of joining 10/5. I'm sorry, but Bryan has destroyed any integrity that he once had with me. I feel that he should be using every opportunity to pay back funds to those he took money from. He must think that he is Robbing Hood; take from anyone he can lie to and give it to whomever he thinks needs it with our concent based on the lie. Fool me once , shame on you. Fool me twice, shame on me. I'll do no business with BM.
Greg

Originally Posted by Offshore-Wealth.com

Agreed,

Sure is strange, I will give you that, and with no charges just yet, this is indeed unusual, but on the other hand, it could be a landmark case pro or con, we just don't know yet since there is no comparable.

But, we know Bryan was restricted, he said so himself, if true, so we are all still in the blind while we wait. If he was clear to start PIPS lotto, or HA, under the PIPS umbrella, as it was not included, great, I have no problem with that and was looking forward to it.

On the other hand, we don't even know if that was true, for BN was not aware of this HA lotto, but as one of my contacts stated, they were concerned, and then poof, it was gone, and not a peep was ever mentioned? If that was legal, then why didn't it come back? Why was two other identified deals started instead?

Sure are a lot of unanswered questions, and I cannot think of one valid answer to commit fraud, and starting any business, online or off is illegal under a fake identity. Why is it some can overlook this point. If it were just a forum name being used that is one thing, but this was not the case, and when directly asked, he stated he was Barry James, then admitted it, so how some can justify this as OK is beyond me, but we are all allowed to have our own opinions and ethics, no question there.

I don't think you missed anything, I just think different people have different opinions on these issues. SI was a scam right out of the gate, and plenty of us said so as the red flags were popping up in Dec., but hey, we all know deep down inside all HYIP's are pyramid scams, so I will not say Bryan's deals were same as SI, but come on, he still took money from HA deposits, even if only a few thousand, this should have been addressed before moving to next deals. Just my opinion on issues, but I agree, these are not comparable to SI, YET?

Good luck to all, Mike

Good post Mike.

Makes me wonder how BM can continue in this fashion whilst still under investigation.

Whatever his motive,I and several others don't understand it.

Someone on here cited the old saying "One is considered innocent until proven guilty". Well whoever believes that has never run up against the IRS. In their book you're guilty when they accuse you and if hearings start proving you might be innocent, they make up rules to prove you're guilty.

I happen to know of a person who is in prison right now because he felt he was innocent and when he tried to prove it with their own laws, the ignoramuses who were bringing the complaint against him started making up their own laws since they didn't actaully know what their own laws were. To top it all off they got the judge on their side (out of intimidation, or what?). I don't know. Let's hope BNM are a bit more fair than that! Who knows!

Originally Posted by hzchoice2

Someone on here cited the old saying "One is considered innocent until proven guilty". Well whoever believes that has never run up against the IRS. In their book you're guilty when they accuse you and if hearings start proving you might be innocent, they make up rules to prove you're guilty.

I happen to know of a person who is in prison right now because he felt he was innocent and when he tried to prove it with their own laws, the ignoramuses who were bringing the complaint against him started making up their own laws since they didn't actaully know what their own laws were. To top it all off they got the judge on their side (out of intimidation, or what?). I don't know. Let's hope BNM are a bit more fair than that! Who knows!

Exactly,

What most people don't realize is that only under criminal law are you presumed innocent until proven guilty. Under civil law, it is just the opposite, you are guilty and you are the one who must prove otherwise. I have seen many innocent people lose their cases only because they were not able to afford legal council. Yes, again, under criminal charges you are entitled to legal assistance, and if you cannot afford one, the court will assign one gratis, not that this is much good given who you will be assigned, but it is better than nothing, barely. Under civil law, no such help is available, and this is why civil law is far more powerful and why it is used more often than ever, even if it is a criminal act, civil will bring you down without help.

When you mention IRS, this is exactly the tactic they will use. The same is said for FTC and SEC, they will take every dime you own, seize all your assets, then wait you out while you starve to death. I have also been involved with personal experience and even though they could not prove their case, the parties I was privy to lost by default. Why, simple, they were denied jury, the judge was biased, the court appointed receiver was an outright thief sucking millions in assets for doing nothing more than being assigned as receiver by judge. He manufacutered whatever evidense they needed to win case, and this was proven, yet ignored by judge, even when witnesses testified against fraudulent manufactured evidense.

Simply put, the legal system sucks, as do most judges and lawyers, so unless you have seen this first hand, as some have, you wouldn't beleive it. Now we can do something about it, as power in numbers is our only protection against a corrupt and slanted system which is chipping away at our constitutional rights every day. Fight Back, get educated is your only defense. I gaurantee you PIPS will never see the light of day in any way shape or form. This is why it is taking so long, just as all the other cases I have followed, slow to show evidense is kiss of death.

Good luck to all, Mike