Thread: Nov 24 for re-mention of BM's case

Originally Posted by Owen Platt

The facts relating to the charges laid against the Marsdens to date are that they transferred monies from the account of Newmark into their own personal accounts. In old fashioned terms that would have been a fraudulent transfer in view of the amounts owing to the creditors of Pips et al, but now can be referred to as "money laundering." So far, there have been no charges forthcoming relating to Pips or Pic-pay, both of which are still under investigation.
These are facts which have not been twisted - they are just facts.

Hi Owen,

Is there anyway that you can post something official from your source, i.e. newspaper article, stating the above about the charges for transferral of funds to his personal account? If you already have, could you then direct me to that post? Thank you in advance.

Monica

who picked who clean first?

You go find more excuses to spoil this so called CEO some more as if he were a 3 year old kid, that's what you are good at.

you guys only have a one track mind, do you think we have never given BM any kind of supports? have you considered how much emotional distress we have been thru defending a guy like BM in front of our families, friends and relatives!!

distasteful????????? then you should stop coming here, go to your nearby library, pick up a love story novel and start reading, you will get more peace and quiet there for sure.

in my opinion, the bottom line is whether I say BM is the biggest thug of the 21 century or he turned out to be a saint of all time, (especially after what I personally been thru with my family) he have the responsibility to pay us, as he was the one who got our money, he was the one who say Picpay was safe as bank, he was the one who constantly reasured us that "They can't touch us".

even if he one day walks out the court room with his arms in the air in victory( like you wish ), which mean he have the money, then He have to pay us! it is not about being good or bad as a member, it is not about charity and religion, it was an investment, period.

by then, I don't see the banks would not be cooperative.

P.S. to be fair with Mr. Bryan Marsden, a lot of stupid rules in the forum wasn't made up by him oringinally, it was made up by the cheerbot.

P.S.S. admin and Mods, if what I said was out of line, please let me know, I am just sick and tired of those people, that may be even an understatement, I was thinking of some chinese foul languages but thought better of it.....

Fine by me, as long as nobody gets too personal, keeps the language reasonable and does respect others' opinions.
-Nej

Originally Posted by laurenr

I´m just trying to remember what Brian is being charged with after all of this microscopic scrutiny by BNM.

Was it FRAUD ?

Was it theft or misappropriation of funds ?

or has been charged with Money Laundering because he never did his DD.

He stupidly accepted payments from people or organisations without doing the needed DD first ?

It appears he should actually be charged with stupidity......but of course that´s not really a crime is it ? ( as is evident by some posts here )

I cannot believe all of the back stabbing that has occurred since his arrest.

Once some realized that their dreams had been shattered it seems a scape goat was needed to be slaughtered, and Brian had set himself up for the job.

I have just read through the last 10 pages and it is sad how many people attack Brian so vehemently based mostly on hearsay.

It´s like a snowball that gets bigger and bigger as it´s rolled along.

One attack leads to another, usually they are personal attacks without facts.

Or what little facts are actually known ( and they are few ) are twisted and expanded upon until they fit the attackers agenda.

We´ll know the truth when the results are in after the court case, until then I guess we´ll be getting more of the same here.

I don´t know what BNM has done with all of the assets or how much will be left after they have picked them clean to cover their expenses,but I do believe they will make sure that PIPs will never get off the ground again.

To many ordinary people were going to be removed from the work place, and that´s not acceptable to any government, especially in the land of the free who probably instigated this attack on PIPs in the first place.

To those who are now getting fat picking the bones of Brian, all I can say is,
I really do hope that you later have to eat your own words and find them as distasteful as we do.........

Originally Posted by laurenr

I´m just trying to remember what Brian is being charged with after all of this microscopic scrutiny by BNM.

Was it FRAUD ?

Was it theft or misappropriation of funds ?

or has been charged with Money Laundering because he never did his DD.

He stupidly accepted payments from people or organisations without doing the needed DD first ?

It appears he should actually be charged with stupidity......but of course that´s not really a crime is it ? ( as is evident by some posts here )

I cannot believe all of the back stabbing that has occurred since his arrest.

Once some realized that their dreams had been shattered it seems a scape goat was needed to be slaughtered, and Brian had set himself up for the job.

I have just read through the last 10 pages and it is sad how many people attack Brian so vehemently based mostly on hearsay.

It´s like a snowball that gets bigger and bigger as it´s rolled along.

One attack leads to another, usually they are personal attacks without facts.

Or what little facts are actually known ( and they are few ) are twisted and expanded upon until they fit the attackers agenda.

We´ll know the truth when the results are in after the court case, until then I guess we´ll be getting more of the same here.

I don´t know what BNM has done with all of the assets or how much will be left after they have picked them clean to cover their expenses,but I do believe they will make sure that PIPs will never get off the ground again.

To many ordinary people were going to be removed from the work place, and that´s not acceptable to any government, especially in the land of the free who probably instigated this attack on PIPs in the first place.

To those who are now getting fat picking the bones of Brian, all I can say is,
I really do hope that you later have to eat your own words and find them as distasteful as we do.........

Interesting,

Since you asked, YES, it was FRAUD, after all, that is what MONEY LAUNDERING is. All the rest makes little difference, he is charged with FRAUD, as in theft of money from all of us who trusted this crook.

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

Since you asked, YES, it was FRAUD, after all, that is what MONEY LAUNDERING is. All the rest makes little difference, he is charged with FRAUD, as in theft of money from all of us who trusted this crook.

Good luck to all, Mike

ummm...im sure the charge was not "fraud" but ...MONEY LAUNDERING...lets not twist the facts to make it look like he was stealing money from members please....the charges were not that he was taking money from us for personal gain....the charge was he had took money from some "shady" sources so when the ROL came it it was clean as a whistle..

If you notice ..all these charges are "money laundering"...were is the charges concering "ponzi" or "theft" or "fraud" or any of those charges that TGs best claim ?...i dont see any....just "johnny money laundering"....which even "legal running or legit" companies are charged for they can be used to launder money with.

Originally Posted by Owen Platt

The facts relating to the charges laid against the Marsdens to date are that they transferred monies from the account of Newmark into their own personal accounts. In old fashioned terms that would have been a fraudulent transfer in view of the amounts owing to the creditors of Pips et al, but now can be referred to as "money laundering." So far, there have been no charges forthcoming relating to Pips or Pic-pay, both of which are still under investigation.
These are facts which have not been twisted - they are just facts.

By definition what he is describing is NOT money laundering...but embezzlement. He is twisting the definition of what money laundering is. It makes me laugh how the anit-pips people here try to twist everything to make it look like "ohh Brayn took all your money and spent it for himself"...if that is what he had done then the charges would have better reflected that ...

Definitions:
___________________________________
Money Laundering: To move illegally acquired cash through financial systems so that it appears to be legally acquired.

Embezzlement: the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

_________________________________

If he was taking money from Newmark into his own personal account then that is
embezzlement.
If he is taking dirty money into Newmark so it comes out clean...then that is money laundering



But..... to look at it from another perspective...even if BM was taking money from Newmark into his account, you got to ask the question was it the same amount every time? It seems the amount that it totaled up to was a nice round number...this seems like the structured SALARY that BM said many times that he paid himself, but who knows ...wasn’t it 145.5 million? ...divide that by the month they say it started and where the charges end…wasn’t it 97 counts? Could it be 97 months of pay? I’m just thinking out loud here....that could show you how much monthly salary he was making. But then again if the BNM is charging him with paying himself a salary and then calling it "money laundering" then they have a very weak case indeed and BM is in no trouble at all and that is very good news for us.

Another point to realize, these charges of money laundering were brought out at different times....it was one number...then they add more charges. Then more charges...if what they calling money laundering was his paid salary. Then the charges would come all at once as I'm sure that the alleged "offense" would occur probably around the same day of each month...so it doesn’t take a rocket scientist to figure out where to look for more charges to bring up....they have had control of pips operations for over a year!!! Which makes even the new charges being added sound fishy...what were they doing for over a year? Drinking coffee and eating doughnuts? Then when a lot of time had past they say “ohh no’s!! we better get busy” One would think that after a year of putting on their "investigation" that they would have all their ducks in a row and all the charges they were going to charge ready to be filed "at one time"...instead of "here are the charges!!...oh wait. Here is more!!....oh wait. We found another one!!"...
makes you think....

lol..now im going to get crucified for having DARED go against the tide of negative twisted views here...lol

Im not going to reveal my views of pips either for or against right now...BUT i will call this spade a spade and speak out against BS when i see it..and right now the twisted of the defintion of money laundering so to make it look like something else is BS

Originally Posted by lapcus

ummm...im sure the charge was not "fraud" but ...MONEY LAUNDERING...lets not twist the facts to make it look like he was stealing money from members please....the charges were not that he was taking money from us for personal gain....the charge was he had took money from some "shady" sources so when the ROL came it it was clean as a whistle..

Interesting,

So from your statement I see you have no clue what money laundering is. Do a search on subject and learn more before you make assumptions that this is not a criminal act, as in fraud, as in felony fraud. This is one of the most serious of all charges involving money next to holding up a bank with a gun, yet some seem to think it is merely taking money from a piggybank. LOL



Money laundering is a process in which assets obtained or generated by criminal activity are moved or concealed to obscure their link with the crime. Terrorist activities are sometimes funded from the proceeds of illegal activities, and perpetrators must find ways to launder the funds in order to use them without drawing the attention of authorities. The IMF has long been involved in international efforts to combat money laundering; but after September 11, 2001, responding to calls from the international community, it intensified its activities significantly and extended them to combating the financing of terrorism.

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

So from your statement I see you have no clue what money laundering is. Do a search on subject and learn more before you make assumptions that this is not a criminal act, as in fraud, as in felony fraud. This is one of the most serious of all charges involving money next to holding up a bank with a gun, yet some seem to think it is merely taking money from a piggybank. LOL



Money laundering is a process in which assets obtained or generated by criminal activity are moved or concealed to obscure their link with the crime. Terrorist activities are sometimes funded from the proceeds of illegal activities, and perpetrators must find ways to launder the funds in order to use them without drawing the attention of authorities. The IMF has long been involved in international efforts to combat money laundering; but after September 11, 2001, responding to calls from the international community, it intensified its activities significantly and extended them to combating the financing of terrorism.

Good luck to all, Mike

see?...told you i was going to get crucified......yes i have no clue of what money laundering is....are these definitions wrong?

Definitions:
___________________________________
Money Laundering: To move illegally acquired cash through financial systems so that it appears to be legally acquired.

Embezzlement: the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
__________________________________

i just got the defintion of what "money laundering " is....and posted it..and look at you...you worte half a paragrah on your "interperetation" of what money laundering is.....im sorry but i think ill go with the FACTS not your interperetations

come on!! throw more insults at me!!...that seems to be the style of the anti pipsters....to try to call me ignorant and stupid and yada yada..lol....money laundering is just that....cleaning dirty money....lol...thats the definition...and that wont change..no matter how many pages you write of your interperetation..lol...i said nothing of taking money from a piggy bank as money laundering..lol...where did you get that from?....tell me ..are you getting paid to bad mouth pips?

Originally Posted by lapcus

see?...told you i was going to get crucified......yes i have no clue of what money laundering is....are these definitions wrong?

Definitions:
___________________________________
Money Laundering: To move illegally acquired cash through financial systems so that it appears to be legally acquired.

Embezzlement: the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
__________________________________

i just got the defintion of what "money laundering " is....and posted it..and look at you...you worte half a paragrah on your "interperetation" of what money laundering is.....im sorry but i think ill go with the FACTS not your interperetations

Interesting,

There you go again, crucified? Who crucified you? Another definition issue I see. If it was embezzlement, the charge would have reflected so, it was not, it was money laundering, a legal definition of criminal activity. If you reread your embezzlement definition, you will notice term, fraudulent appropriation, as in FRAUD, but yet you still discount this as nothing, yet it too is FRAUD.

If you want facts, I could write a book on legal precedents revolving around money laundering, fraud and illegal activity, as in operating a ponzi, but you won't understand any of it, this is obvious. Bryan was moving funds illegally through financial systems so it appears to be legally aquired. As in our money was extracted under false and misleading information of being invested, when in fact it wasn't. This is FRAUD, this is MONEY LAUNDERING.

Good luck to all, MIke

sigh

Offshore-Wealth.com im sure you are a very intellegent man..and i dont doubt that...but i just want you to realise that not every one here is stupid...not everyone is going to sit and just take all this mess that is being ****ed out and accept it as fact just because it comes for your mouth piece and other proclaimed "experts"