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

I think that arguing the money is issued from fraudulent activities, Malaysian government want to keep our money as penalties ...

I don't think we'll see anything again from PIPS so keep positivity try to earn some money by work not hope !!!

Originally Posted by Owen Platt

Monica - if you read the Malaysian newspapers which are available on line, you can find all this information.

Thank you very much. Could you please provide these links?

Monica

Originally Posted by YogiBrood

Monica.... .... where were you all these while? Btw.....R U actually "readytogo"? Now, where would that be and where do you intend to end up?

I'd suggest if you were all that supportive & diligent...the best place is book a ticket to KL and see what hell can be like to be charged, whether BM is innocent or not, I'm more than sure...you will ONLY...., like the most actually are... bent on wanting to know just where the remaining $$$s are and how can you lay claim to it....


All those cheering... pffff, I doubt most would truly have the nerve nor sincereity with loyalty to actually spend another dime to step in and defend them at the courts... but then... you may know just WHO are referrred to.... several handful prominent nicks in both past RC members and valid nicks but in hiding, now and still are at other forums....

We all got a banting from them... now, we don't see any need to reciprocate...for they are going through self mutilation with their own homebred conscience... so help them be...!


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

Can a girl not ask an honest question? If my phraseology offended anyone, let me apologize right now! Geeeeesshhhh!

Monica

Hi Monica - here's one that is still live:
Couple charged with money laundering

I absolutely agree with triple a....took a long time to bring charges of something most members were concerned about January of 05.

Here's thinking great things......

Originally Posted by Owen Platt

I find it disturbing, in view of Monica's questions (no offence intended, Monica), that so many do not take the trouble to do the slightest research into a subject that must concern them deeply. My own research comprised of nothing that could not have been done by any Pipster (perhaps excluding my trip to Malaysia) and from which they must surely have drawn the same conclusions that I came to. Blind acceptance of assurances (and they were nothing more) from the Marsdens does not constitute "due diligence." I viewed the video of a meeting in Australia where extravagant claims were made as to the security of investment in Pips. Not one member of the audience asked for any documentary proof of the statistics quoted ($700M in assets, $100M indemnity insurance, approved in all state in the US etc.) and the one member of the audience who replied in the affirmative when Marsden asked "Does anyone here think Pips is a Ponzi?" was answered with "Thank you for being honest," and then totally ignored!

No offense taken, but I would like to address this to all PIPSTERS, especially those who now choose to judge me for my post of questions, and in the next breath are putting me down for not asking enough questions. Go figure.

I was not involved during the time when the conventions were taking place. I did not get involved until June or July of 2005.

As for my due diligence, I was lacking in that area. I took the words of people I trusted and still trust. I figured the proof was in the pudding and the pudding looked good to me. I am not convinced that I will not come out ahead in this whole scenario. No one can take that from me, I don't care how nasty they choose to get. It is my choice to believe what I believe and it is my choice to not judge anyone for what they believe. Am I wrong to expect the same from everyone else involved? It is in my born again nature to believe the best of everyone. Even those who get nasty and mean. I've had bad things happen to me too.

One thing that I feel HAS TO COME ACROSS HERE IS..........WE ARE ALL IN THE SAME BOAT! I don't care how you try to explain it, or where your loyalties lie, PIPS has dealt each and everyone of us the same hand. It is what we choose to do with that hand that will make the difference.

And........"Those who live in glass houses should not throw rocks!" Did not each and every one of us invest/loan money to PIPS? What makes one of us better than the other? Nothing!

So, I would like to know how one person can judge another for their assumed lack of due diligence. This is beyond me! Seems to me those who claim to have done their DD should be held at a greater degree of accountability. Maybe that is why they are so mad?

Monica

Originally Posted by Owen Platt

Hi Monica - here's one that is still live:
Couple charged with money laundering

Thank you! And believe it or not, I did read this one already. (Just pokin' fun at ya!)

Monica - you can go ahead and ask all the questions you want.
These fraudulent schemes ALWAYS depend on the word of the cheerleaders convincing their recruits that there is no need to ask any questions. And the meetings that I have seen on video are typical - any critical factor is blunted by the razzmatazz that surrounds the principals. Particularly sickening I found were those who offered their (apparently) unsolicited testimonials to the Marsdens.
As I said in a previous posting, it is a salutary experience to go back through the earlier postings of these cheerleaders and compare them with events as they have unwound.
But it is encouraging to see how little has occurred to change the general tenor of my book. Unfortunately for the poster who was offering it as a free but illegal download, the offer is no longer available and he may well find himself with a bill for these!
However, I am all in favour of allowing as many as possible to read the book and thus, if anyone wishes to contact me by E-Mail, I have arranged for them to receive a complimentary copy.

Originally Posted by Owen Platt

Monica - you can go ahead and ask all the questions you want.
These fraudulent schemes ALWAYS depend on the word of the cheerleaders convincing their recruits that there is no need to ask any questions. And the meetings that I have seen on video are typical - any critical factor is blunted by the razzmatazz that surrounds the principals. Particularly sickening I found were those who offered their (apparently) unsolicited testimonials to the Marsdens.
As I said in a previous posting, it is a salutary experience to go back through the earlier postings of these cheerleaders and compare them with events as they have unwound.
But it is encouraging to see how little has occurred to change the general tenor of my book. Unfortunately for the poster who was offering it as a free but illegal download, the offer is no longer available and he may well find himself with a bill for these!
However, I am all in favour of allowing as many as possible to read the book and thus, if anyone wishes to contact me by E-Mail, I have arranged for them to receive a complimentary copy.

Hi Owen,

So you are the infamous author of "the book"! Nope, I haven't read it. Just heard lots of things about you that aren't so very nice (surprise, surprise), but I am not into bashing anyone and I take insults and accusations with a grain of salt.

Since you have given me permission, I would like to ask you a couple of questions if I may and please, forgive my ignorance, and let me assure you that it is genuine..........

1) Did you invest/loan into PIPS?
2) What was your motivation for writing this book?

If I had already read your book and knew more about the whole PIPS scenario and how it all got started I might be able to ask more indepth questions. But as it is, your answers may be the deciding factor as to if I will indeed be doing more investigating.

I sincerely would like to know if you don't mind sharing.

Thanks,
Monica

Of course not, Monica.
No I didn't (and it's safe to say I never would have) invest in Pips. My background includes a long stint in offshore banking and I have seen enough of these "pie in the sky" schemes to last a lifetime.
And it was written because writing books is what I do for a living and at the suggestion of my agent who had read an article in the London Guardian newspaper on Pips. I had previously written a book on the offshore banking swindle, FIBG, which had been very well received.
You might like to take a look at my website which also includes my daily "blog." It's in my profile here.
Cheers,
Owen.