Originally Posted by lutwyche
That's rumour #5,674 and this is #5675 :
NEGATIVE EMAILS
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awhit
Echidna
Joined: 18 Aug 2005
Posts: 2
Posted: Fri Oct 07, 2005 8:37 pm Post subject: NEGATIVE EMAILS
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I TYPE IN ALL CAPS BECAUSE THAT IS HOW MY WORK COMPUTER IS SET UP AND I GET MESSED UP IF I START TRYING TO SWITCH IT BACK AND FORTH SO DO NOT THINK THAT MY EMOTIONS ARE IN THIS MESSAGE. I USUALLY EXPRESS MYSELF THROUGH WORDS OR SILENCE, WHICH EVER IS MOST EFFECTIVE.
THIS TIME I HAVE CHOSEN WORDS BECAUSE THE FOLLOWING EMAIL WAS SENT TO ME BY THE MAN WHO INTRODUCED MY FAMILY TO PIPS. I DO NOT KNOW IF HE HEARD THE CALL OR IF THIS PERSON DAN WAS THE ONE WHO SENT THE EMAIL TO HIM.
I HAVE REALLY ENJOYED THE RETURN TO POSITIVE THOUGHTS AND ACTIONS THAT AUSPIPS HAS GIVEN ME. I WAS A PIPS JUNKIE. I LOOKED AT MY ACCOUNT EVERYDAY. IT MADE ME FEEL WONDERFUL TO KNOW THAT IN A YEAR I COULD QUIT MY JOB AND MOVE IN WITH MY FOLKS TO HELP MY FATHER CARE FOR MY INVALID MOTHER. SINCE ALL OF THIS HAS HAPPENED I HAVE HELD ONTO MY DREAMS WITH THE POSITIVE ENCOURAGEMENT MY FELLOW PIPSTERS HAVE EXPRESSED CONTINOUSLY, AND SET MY DATE FOR MOVING A LITTLE INTO THE FUTURE BUT I REFUSE TO GIVE UP UNTIL I HAVE SOME KIND OF OFFICIAL WORD FROM SOMEONE IN AUTHORITY AND NOT JUST A LOT OF SPECULATION, INUENDO, AND DOWN RIGHT MALICIOUS SLANDER. I SHARE THIS EMAIL BECAUSE IT MADE ME FEEL HORRIBLE THAT A GROUP OF PEOPLE ARE MAKING CONFERENCE CALLS WITH PEOPLE IN THEIR "DOWNLINE" AND SPREADING THE GARBAGE THAT THE FORUMS HAVE CHOSEN TO DELETE.
I NEED SOME MORE OF THE POSITIVE FEEDBACK THAT THE MEMBERS OF THIS FORUM ARE SO GENEROUS WITH. THE GARBAGE THAT WAS SENT TO ME AND MY FAMILY MEMBERS IS DISHEARTENING AND WITHOUT PROOF. NEVER THE LESS, IT STILL SITS IN THE PIT OF MY STOMACH LIKE THE BISCUITS THAT MY AUNT MADE AND MY DAD AND UNCLE WENT OUT AND PLAYED BASEBALL WITH.
I HOPE THAT THIS IS NOT AN INAPPROPRIATE CUT AND PASTE. WHEN I READ IT THE FIRST THOUGHT I HAD WAS TO BRING IT TO YOU ALL AND HAVE YOU RIP IT APPART WITH YOUR WIT AND SOMETIMES WARPED HUMOR.
THE EMAIL IS AS FOLLOWS:
Hi Team,
What a great call last night.
A gentleman from Panama, Bill Posters, who started the Bank Negara investigation, was on our call.
Here is a brief summery on PIPS:
Unfortunately, PIPS will not be back.
Bill said that it was run like a ponzi scheme.
He also said that Bryan and his wife Sharon will face millions of dollars in fines and could spend 4-10 years in jail.
Bryan's passport has been confiscated.
None of Bryan's businesses were registered properly in accordance with the laws of Malaysia.
There hasn't been one set of accounting records kept for any of the entities of pips. When authorities asked Bryan where the books were, he replied, "In his head".
Bill also stated that there is no money to give back. When they froze the Malaysian account, there was only $130,000 in the account. It appears that six to eight hundred million dollars has disappeared into thin air.
Apparently, there are no books, nor proper registry for Picrealty either.
Now this is interesting. There was an extremely wealthy person who went down to meet with Bryan and invest his own money to help save PIPS and get the withdrawals back on track. The only requirement was that he be the only trader. Bryan declined the
offer. Bryan was making trades for himself and by accepting the guy's offer, it would have exposed him.
He also stated that bryan was a master of deceit. He has seen many cheats, etc., but he has never seen anything like this in his entire life. This takes the cake.
The Malaysian gov't was unaware of what Bryan was doing. The Malaysian SEC does not have the same power as the U.S. SEC. He also stated that it's going to take 6-9 months to complete the investigation.
The court system in Malaysia is much different then in the U.S.. They could find bryan guilty and throw him in jail without trial after the investigation.
Special thanks to Anita for helping to compile this information.
Dan
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