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

Originally Posted by lapcus

sigh..first you say ....

"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."

now you say...

The charges of money laundering have nothing to do with OUR money being sent to Byran, it has to do with how many transactions were uncovered where he moved money illegally into his personal accounts from Newmark, and PICPay, amoung others I am sure.


are you related to John Kerry?

Funny,

How can you draw a conclusion that these two statements are different?
Fraud is issue, and that is what the charges are, FRAUD. As I said, it is not our money being illegal or dirty, it is all about OUR PIPS invested money going into Bryans personal accounts. Do you understand this, it has nothing to do with incoming money from members, it has to do with outgoing money to his personal accounts. You implied it was the money of members that was fraud, and this is not what the charges are stating. He induced illegal investments, yes, but it is not the members who are guilty here, it is the Marsden's who are charged with fraud.

The better question is, are YOU John Kerry? LOL

Good luck to all, Mike

Originally Posted by Thelema

Well, the fact is we've all been round & round on this issue for such a long time, and it's not likely we'll come up with any new arguments or discussion lines until we get news of the progress and results of the trial. In the mean time, the way I see it--in respect of the old adage "Where there is smoke, there is fire," Bryan and his wife have the burden of trying to explain where all the smoke came from, and all we can do is watch until the "smoke" clears.

Best regards,

thelema

That is exactly right, Bryan and Sharon have to prove that all this smoke is just all this smoke. I hope he does and we all end up healthy and weathly, I just don't believe he will. There has been no mention of the missing gold, I am sure that if was there word would of gotten out, and certainly no one has been paid their principal back from the insurance policy on the investment as Bryan stated we had. Those aren't small, "details" they are major failings of Bryan's promises.... For him to overcome these failings and actully have 3 billion or so in investment's earning 2 % a day, and offer up a full and complete acounting, would seem to be nearly if not completely impossible.

But who knows.

I agree...like you said, "nearly if not completely impossible." At this stage, my wishful thinking goes along the lines of some possibility of getting "something" better than a hard time out of all of this. Our game remains just sitting back and watching the show...until its final season.

Best regards,

thelema

Originally Posted by Offshore-Wealth.com

Funny,

How can you draw a conclusion that these two statements are different?
Fraud is issue, and that is what the charges are, FRAUD. As I said, it is not our money being illegal or dirty, it is all about OUR PIPS invested money going into Bryans personal accounts. Do you understand this, it has nothing to do with incoming money from members, it has to do with outgoing money to his personal accounts. You implied it was the money of members that was fraud, and this is not what the charges are stating. He induced illegal investments, yes, but it is not the members who are guilty here, it is the Marsden's who are charged with fraud.

The better question is, are YOU John Kerry? LOL

Good luck to all, Mike

why thanks...gotta admit i do have a little humor..lol

again....your very own words...
_____________________________
"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."

now you say...

The charges of money laundering have nothing to do with OUR money being sent to Byran, it has to do with how many transactions were uncovered where he moved money illegally into his personal accounts from Newmark, and PICPay, amoung others I am sure.
____________________________________

i want to focus on perticularly...

"he is charged with FRAUD, as in theft of money from all of us who trusted this crook."


and then the statement later on

"The charges of money laundering have nothing to do with OUR money being sent to Byran,"


come on man....is the charges having to do with him "stealing" our money ....or does it have nothing to do with "taking our money"

stop flip flopping and stick to your gunz..lol...

but nvm....i have said my peace on this subject...lol...besides i dont want my computer attacked again...lol

As there seems to be a little confusion over what constitutes "money laundering," perhaps this will help:

Money laundering is the practice of engaging in specific financial transactions in order to conceal the identity, source and/or destination of money. In the past, the term "money laundering" was applied only to financial transactions related to organised crime. Today, its definition is expanded by government regulators to encompass any financial transaction which generates an asset, or a value, as the result of an illegal act, which may involve actions such as false accounting.
By the strictest definition of the term, anyone who assists in concealing the proceeds gained from his transactions is considered a money launderer.

There are two relevant statutes upon the Malaysian law books relating to Bank Negara Malaysia in this respect:

1.Anti-Money Laundering Act 2001 (Act 613)

The AMLA, which came into force on 15 January 2002 criminalises money laundering of proceeds from the predicate offences and provides for suspicious transaction reporting, record-keeping and the functions of a financial intelligence unit.

2.Essential (Protection of Depositors) Regulations 1986
These Acts give the Central Bank the powers to investigate the affairs of any person it suspects or has reason to believe is a deposit-taker. It empowers the Bank freeze the properties of the deposit-taker and other persons associated with the deposit taker, assume control over the deposit-taker, and to appoint receivers and managers. These Acts also enumerate the powers of the Managers, provisions on priority of payment and cost.

That certainly explains the situation more clearly Owen.Thank you.

Those who trivialise "Money Laundering", may view things differently now.Who knows what the charge sheet will reflect at the commencement of trial ?

Any posts out of context and non related to this thread forum will be removed/deleted by MODs and I place emphasis with this advise, NOT TO engage with your responses even if you wish to remind or scorn at the Spammer/Troll's posting.

Why???, the result is, after that post(s) is deleted, yours too will follow suit as it bears the hallmarks of that exchange, so BETTER NOT engage in the first place, simply warn or bring to the attention of any MOD and it will swiftly be taken care off.

This way too, we IGNORE the efforts undertaken by those so-called Spammers altogether.

Thanks for all your co-operation and support to suppress unwelcome and ill-intended posts that are wrongly/deliberately posted.



YB.

Originally Posted by YogiBrood

Any posts out of context and non related to this thread forum will be removed/deleted by MODs and I place emphasis with this advise, NOT TO engage with your responses even if you wish to remind or scorn at the Spammer/Troll's posting.

Why???, the result is, after that post(s) is deleted, yours too will follow suit as it bears the hallmarks of that exchange, so BETTER NOT engage in the first place, simply warn or bring to the attention of any MOD and it will swiftly be taken care off.

This way too, we IGNORE the efforts undertaken by those so-called Spammers altogether.

Thanks for all your co-operation and support to suppress unwelcome and ill-intended posts that are wrongly/deliberately posted.



YB.

Sorry but it is not clear what your talking about to me. Personally I haven't noticed anyone acting in any offensive or objectionable way here. Did I miss something??

Does anyone know what happened on 24, is there any new news on the trial.