Originally Posted by
Offshore-Wealth.com
Interesting,
It doesn't surprise me at all that they were able to fly under the radar, and in fact, what brought them down was Bryan's ill advised back door to allow Malaysians to invest which was disclosed to BN which got the ball rolling. When you look at all scams, they all rely on staying under the radar for as long as possible, hence, he did not open door to Malaysians until a year later, which was a last ditch effort to pull in some fast money to keep this leaky ship afloat.
If you compare it to every other scam on the market, the timing was just about the same as all the others, one year average lifespan, then a slow and constant collapse with a mile long list of excuses does it in. Once the complaints start to flow into authorities, it usually takes them another six months to act, so again, just about normal as I see it. The investigation was slower only because there were no books, nothing, no investments, zip, nada, nothing?
And to think that Gary didn't see this? No way, but Warren sure saw it, and he turned out to be the only honest person ever involved who warned us, so my thanks goes out to Warren as well since he was the one who finally convinced me long ago what a fraud and scam PIPS was. The last breath deal when supposed saviors from UK were invited in was most interesting, for this was always a little confusing to most of us what had actually happened, but when you find out, WOW, real eye opener. It all fits perfectly now.
Good luck to all, Mike