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

Sopranos....LOLLOLLOL!! Good one!

Insurance and gold bars.....lol!

After the great conspiracy quiets down, I am sure BM will cash out those gold bars and pay everyone of us back, with interest of course! Just because he is so kind and generous!!

Originally Posted by Owen Platt

Mike, as you probably are aware, I was a banker for a good many years. If Pips had been legitimate, we would have been overjoyed to have got their business.
But bankers look closely at the flow of funds - which is why the banks can see very clearly the true pattern of events. The moral is - never lie to your banker!!!!!

According Your statement(I was banker)
Can You tell me How is possible Loan % from bank in US,UK,Canada etc
have allmost same %.And % change if World Bank change %???
I thing Bankers Must foolow direction from World Bank.
It is same like if I own Gas Station.I am Owner(Banker) But I can't
charge what I Want!!I will get info from top and I must stay in line
how much I can charge for bank fees,gas etc.
According Your statement Owen(I was a Banker)Can You change
% on loan,give your customers In Your Bank better % on their deposit
Owen you are just somebody who MUST follow Orders.
I thing You Did Not follow Orders and Now You are not Banker??
I hope you have other income?
If you have time and banker inside info can You tell us Why I can get
3 times and more from same bank in Offshore account( CITY Bank etc)
I know you are appset or Pi....F with PIPS But Now Is Time(if you invest)
put your experience to work?
All PIPS members will like to see What You can Do to help???
Owen we( PIPS members) are looking how you can Help with PIPS.
Owen If you want post something like:Pips is scam,BM is scamer etc
let's face it that will NOT help.
Owen according to Your Bank Experience WHAT YOU CAN do for PIPS???
Owen don't be shy help us(PIPS) You can do It.
And have nice Day
pele10

Krush22

In your post here, you say “The people that have claimed been paid by this program has failed to show proof of payment”
I take it that you are expressing doubt that members such as myself were being truthful in stating that we have received funds back from PIPS. You mention the lack of proof.
The only proof I could provide would be to c&p from my bank account records.
Do you seriously think anyone is going to show his or her bank account details on an Internet forum though?
I am telling you Krush22, that I did in fact receive almost all of my withdrawal orders and that they arrived in my bank account 7 to 15 days from submitting a withdrawal order. My PIPS account was generating $3000 per working day and out of necessity I was making two to three withdrawals each month for several months.
When HSBC, the bank PIPS was mostly using to send funds by wire transfer got cold feet and froze PIPS accounts in late Dec 04, I had a withdrawal in the works. Bryan Marsden said that he was endeavoring to set things up with other banks to get the snarled payments out. Well a few months later, Mar/Apr 05, the outstanding payment in full arrived in my bank account. I noticed that payment came from a different bank in another part of the world. Now why did Marsden bother to do that???
By the way, over time I have acquired a number of friends and acquaintances with PIPS accounts and with the exception of just one, they have all received multiple payments from PIPS. Is this just coincidence? Or were they lying to me, but why would they need to do that? Perhaps from your perspective you think I might be spinning a yarn here right now, but why would I do that? especially at this point.
Nevertheless, I don’t blame you for your sceptism, it is understandable. Actually I believe you should carefully consider all the claims that are being made here because ultimately they are just words on a screen.

Hi Chester. Many people received payments from Pips as you say, especially in the early days. Asking for someone to prove this is, I feel, a bit of a liberty! Barclays did not actually freeze Pips account. They closed it and asked Mr. Marsden to make other banking arrangements. The bank they moved to was FCIB in Curacao and then to PCI in Manila.(probably where your later transfer came from)

Originally Posted by Chester

Krush22

In your post here, you say “The people that have claimed been paid by this program has failed to show proof of payment”
I take it that you are expressing doubt that members such as myself were being truthful in stating that we have received funds back from PIPS. You mention the lack of proof.
The only proof I could provide would be to c&p from my bank account records.
Do you seriously think anyone is going to show his or her bank account details on an Internet forum though?
I am telling you Krush22, that I did in fact receive almost all of my withdrawal orders and that they arrived in my bank account 7 to 15 days from submitting a withdrawal order. My PIPS account was generating $3000 per working day and out of necessity I was making two to three withdrawals each month for several months.
When HSBC, the bank PIPS was mostly using to send funds by wire transfer got cold feet and froze PIPS accounts in late Dec 04, I had a withdrawal in the works. Bryan Marsden said that he was endeavoring to set things up with other banks to get the snarled payments out. Well a few months later, Mar/Apr 05, the outstanding payment in full arrived in my bank account. I noticed that payment came from a different bank in another part of the world. Now why did Marsden bother to do that???
By the way, over time I have acquired a number of friends and acquaintances with PIPS accounts and with the exception of just one, they have all received multiple payments from PIPS. Is this just coincidence? Or were they lying to me, but why would they need to do that? Perhaps from your perspective you think I might be spinning a yarn here right now, but why would I do that? especially at this point.
Nevertheless, I don’t blame you for your sceptism, it is understandable. Actually I believe you should carefully consider all the claims that are being made here because ultimately they are just words on a screen.

Most who were in at the beggining did recieve funds back. These were paid by the late comers deposits. This is how the scam works.Marsden did change banks and paid some of the withdrawals that were pending out, but not all of them. You see there wasn't enough money to pay everyone. But those that he did were used in the PIPS PROPAGANDA that followed. You know, "We have started paying the back withdrawals and are in the middle of catching up which should be soon". The other part of the scam was to get outta dodge before the sheriff showed up. The reason he didn't make it was because he was greedy. He wanted more and thought he could milk it. After all put yourself in his shoes and look at all that has happened. Now look at all those that still sing his praises. He never thought it would come down that fast, but it did. The Trial will be very interesting, and trust me they won't just be "Words on a screen". JMHO.

I see I said Barclays - sorry, it was of course HSBC

question..so why was bm not charged with fraud or ponsi scam, or are these charges in the works

Originally Posted by itzme

we know that monies were placed in your picpay account...

picpay was not a bank... it was a vehicle between the PIPS program
and the outside banking world...

there were some attempts to set up some banking platforms after HSBC
closed it doors to PIPS....

Who was working on those platforms arrangements ?????

Do you think that BM was directly working on setting up those arrangments ???

Yes, BM was responsible for those working platforms.
Yes, BM had to approve and agree those platforms.

It appears that a lot of money was diverted from going to those
platforms to some others caused by some greedy staffs for their own
causes.

Who were the ones involved with the movement of money in PICPAY ????

Were they reporting to BM or to themselves ????

Do you belive / think that GN was cought by BM with his fingers
in the cookie jar ?????

It appears that BM is the only one holding this hot potato at this time ....

Very good points, and here is a few more to think about.

The last conventoin in Hawaii was mainly funded by Pips members with their Picpay, but there was a substancial amount paid by Pips itself. The bottom line here is that all the hotels etc etc were paid for in US Dollars, hard cash. Now that had to come from somewhere eh.

Next. Where did all the money go that was sent to Picpay in wire transfers for new accounts. I know of some that were never created even though I presented the details to Picpay staff in Hawaii. I dont think Bryan sat at his laptop creating all these accounts, so staff had to have had some fingers in the cookie jar. I know of other people who had similar problems.

Next. I think Bryan knew there was a problem in Picpay, that is why he asked BMN for an audit of the company on more than one occassion and now Pips is closed by the very people he asked help from.

Next. GN was boasting to me in Hawaii about the 50 and 100 dollar conterfeit Australian bills he had access to from his contacts in Thailand. According to him they were perfect and he had used them on numerous times.
Did he use them to funnel into Picpay and funnel out US Dollars at the other end.

Next. It was allegedly reported that GN and WW had 30M to start up Victrading in HK. If correct, where did these funds come from.

Yes, Bryan made mistakes and his biggest was bringing the "Merchants" on board.
Another was that he should have told members to all get a DC and bypass the banks using VAT. He refused to do this because he said the fees were too high. Who would give a rats as long as you could use an ATM.

Yes I do believe that Bryan's heart was in the right place and he is now left holding the bag, but in the end truth will prevail, it always does.

Hey Buddy - Cool it will you. You sound like an adolessent trying to teach your teacher.
Pips is gone - the money is gone - no matter what this trail brings. It´s really not hard to understand, and anybody involved in this thing called pips should have known what risks there where. I was one too, but I´m not sitting there crying. Pull yourself together - life goes on :))

Money gone. I think the same.
If not then why Bryan had problem with even internet connection and access to pm?
Its interesting what he did with the money. Drunk?