Thread: Pips-(BM)-Trial Starts 13th of september.

Eman,

Answer this one question:

If Pips were legit, then why has he been charged after a year of investigation? For them to charge him, they must have evidence.

Originally Posted by eman

Thank you for coming back, hine but I'm afraid I still can see no evidence of sharp practise on the part of Pips so long as you successfully withdrew your money from Pips and suffered no financial losses.

That can never be said of many admins of HYIPs on the net. You might consider choosing another word to describe him than scammer.

As for Bryan not spelling things out to you in a way you would have liked, it is worth reminding ourselves here that no company can afford to be 100% candid about their business strategies publicly and still expect to be successful in the market place against their competitors. Why do you expect any less of Bryan? Businesses are legitimately entitled to hold corporate secrets. If you do not know or accept this then I do not know what else to say to you. But I think you know this to be true.

Eman,

How many people do you think got their original investments back, never mind anything? You seem to think since a few did that this represents the majority, which is so far from the truth it isn't funny.

I know of very few who got anything out of PIPS, through PIPS, not counting those who were using exchange with members who could not get money out, so I would suspect these people would amount to more than those who got anything directly from company.

Some how you just won't beleive the truth no matter what, so there is little sense to debate about it since you will never change your mind about Bryan, just as hundreds of others who still believe Bryan was honest. Lies mean nothing to many, but when I found out I was lied to, directly, not related to withdrawals, it became obvious that Bryan never once told the truth, not one single time, and that was scary.

Hell, by the time the trial starts he will have over a hundred charges against him at this rate, and as more come forward now seeing the truth finally, he may hit one thousand charges, and I would bet you still think Bryan is innocent and not a low life liar and scammer which is soon to come out. Patience, this is anyone ever got out of PIPS, they learned patience. (g)

Good luck to all, Mike

hey guys i've been following this forum since the birth of golden womb.

Is this true at State of Nebraska: Department of Banking and Finance sharon and bryan was arrested.

Yes it's true.They are currently under arrest awaiting trial.

Originally Posted by eman

Thank you for coming back, hine but I'm afraid I still can see no evidence of sharp practise on the part of Pips so long as you successfully withdrew your money from Pips and suffered no financial losses.

That can never be said of many admins of HYIPs on the net. You might consider choosing another word to describe him than scammer.

As for Bryan not spelling things out to you in a way you would have liked, it is worth reminding ourselves here that no company can afford to be 100% candid about their business strategies publicly and still expect to be successful in the market place against their competitors. Why do you expect any less of Bryan? Businesses are legitimately entitled to hold corporate secrets. If you do not know or accept this then I do not know what else to say to you. But I think you know this to be true.

eman.

eman!

You are welcome!

Let me comment some of your viewpoints!

1. The fact that I personally did not suffered any financial losses does not make Bryan less guilty or reduce his responsibility for scamming thousands of members.
2. I tried very hard to inform and advise many members on the PIPS forum to invest as little as possible and to spread their investments across the financial board.
3. There is no doubt in my mind that Bryan lied BIG time. He very openly said that picpay was as safe as a bank and backed by gold,....he informed the members that PIPS was as safe as any financial player, and only a world-wide meltdown could bring PIPS down. He openly told the members during his world trip that an initial investment in the 5 year pension scheme was backed by the Insurance company Allianze etc etc....only a few examples of promises and most of them were obvious lies!

My point is that Bryan with his charm, selfconfidence, and BIG promises was able to persuade members to invest money that they could not afford to lose! I believe that far too many members are suffering today based on their belief that Bryan would take them out of financial misery.

PIPS was built on false promises, lies and no respect for the members that believed in Bryans humanitarian heart!....what a joke?

hine

Thank you Hine, you eloquently spelled out what most were afraid to admit...being taken for a ride under a "Busful of Money" humanitarian bus ride!!!

Did you remember your mail to me back then resigning off with reasons (I won't refer here in this forum) which made me wondered why... did you also then saw the tell-tale signs looming (which was no surprise as we retrospect since ...) and all that QT was doing in good faith as well?

We all took bait unfortunately!!!

But we also live well to believe we did what our hearts led us to believe and by that, the only foul player remains with Bryan... we are now vindicted by his act being caught up by the Malaysian Justice system.

To all who were badly affected, we can only forgive him for the humility left in us but to seek any other unkind and ill meaning acts to befall on BM other than what a legal system is allowed to undertake, brings no comfort to yourself, so stay in peace and find solace with yourself through compassion nonetheless...


YB. - cheers to the RC CARE Group...

YB!

Hi my friend!....yes I do remember very well many of the healthy debates on the PIPS forum during the great PIPS saga. It was actually a fun time, and I had a good PIPS friend and allied "MRDOME", both of us pointing out the madness of members worshipping Bryan like a God.
We were certainly not very popular, and we were both warned a few times by the mods that we should retract out tales!

During Bryan's world trip in July 2004, I joined one of his meetings! After that meeting I knew that something was wrong with the PIPS business model. Apart from gross neglect and lack of management info, the 5ytp launch was stinking big time, and to me that was the final proof . The 5ytp was simply too good to be true (like PIPS), and that scheme was simply impossible to implement!

Anyway, PIPS was quite an interesting experience and my first SCAM (HYIP)investment, and hopefully the last!

hine

A lot of people including me, were shouted down when we stated that there was no insurance for the 5 year plan.That problem was never resolved and the programme was shut down eventually.

Look at the VAT fiasco.......

Originally Posted by Admin

Hello

Its the 12th of september today, and i remember that the trial was suppose to start the 13th of september unless it has been changed.

If anyone has any information regarding this trial starting tomorrow, please kindly post it here.

regards

admin

Funny, in our Sarawak state paper ( The Borneo Post) on 11th Oct. the Sessions Court Judge Alaudeen Ismail in Seremban reduced bail by RM 100,000 each in one surety for Bryan John Marsden and Phan sew Ken
and ordered their passports be impounded. This means each one is to produced RM400,000 each if they wish to be released on bail. The Judge said he would give an early mention date.(note-Maarseden
has a clean hair cut now and wearing a uniform with a lock-up logo on the front)
The Judge said he would give an early mention date.

nahop

7dollarsmagic.com/?ref=25340
forex-united.com?pakwangasing

Isn't it strange that only Pipsters who did well out of the program i.e. they successfully withdrew their monies with all accumulated "interest"; are now whinning about Pips being a scam.

All those many who you say lost money, why aren't they in here whinning with you? If they lost money because they joined the program in the latter stages before BNM stepped in, that is understandable. Who else lost money?

hine, you said earlier that we should agree to disagree. At the risk of wearying the world between us I think we ought to heed that advice.

The courts have levelled charges againt the Marsdens. The Marsdens have denied them all. The Marsdens had plenty of opportunity to decamp with the money as many admins in HYIP have done. They did not do that. Some have suggested that it was stupidity and greed that made them to hang about.

Does that really sound true? We are all free to believe whatever we like. I do not buy this.

But rather than go "chasing our tails" in idle speculation, let us await the outcome of the court trials.

eman.