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

Originally Posted by lapcus

"Geeez ...he probably make a fortune at either he be hired by all those who would want their position argued whether it made sense or not!!"

"See....Bryan should of hired Lapcus ."


lol....boatman you're funny

Owen it seems you have a fan..lol

and as far as the definition of what money laundering is....it seems to me that there is no need for the charge of embezzelment or fraud....as now with this "new" defintioin of what money laundering is ....it is all inclusive....money laundering is a charge one can slap on anything ..lol.....

I rob a bank and ill get charged with money laundering. I mug someone and i get charged with Money laundering.....i start a company and take money from my company and ill get charged with money laundering....

you are right ..i dont understand your way of thinking.....which isnt a way of thinking at all....its just geared to promote negativity...nothing more..nothing less...fact is you are trying to say "BM stole all our money"...and apparently that comes in the form of "money laundering"..lol...time will tell what was what when this trail is over

lapcus: Just wanted to set the record straight. Only 41 of the 57 counts against BM are for Money Laundering (New Mark Business Centres Sdn Bhd). 7Charges are for Illegal Deposit Taking in Labuan and the balance are for Receiving Funds from Unlawful Activities (Pic Capital Sdn Bhd and PIC Capital Ventures (M) Sdn Bhd). Not quite the slap on the wrist you think it is. These are all very serious charges, and since this is the first case of its kind in Malaysia, don't expect a lenient sentence. What is really going to be interesting is when will the charges be filed for PIPS? So far this is just about them taking money and putting it into their own personal accounts from PicPay and New Mark [can you say Bistro, Coffee Houses, Fashion House]. Seems every time their is a Mention, more charges get added. Will this next Mention be the one where charges are finally filed regarding PIPS? Sure will be interesting to see what happens on 1/4/07.

Bat$ - I see the case has been transferred from the KL Sessions Court to Seramban Court... does this have any signficance as far as you know?

Originally Posted by nej

Bat$ - I see the case has been transferred from the KL Sessions Court to Seramban Court... does this have any signficance as far as you know?

I think they just want one proceeding, so there will be no overlapping juridiction.
I'll keep these pointy ears of mind open.


theBat$

Originally Posted by thebat$

I think they just want one proceeding, so there will be no overlapping juridiction.
I'll keep these pointy ears of mind open.


theBat$

Just the odd seven charges were transferred.Now they are all in one Court.

Thanks for the updates guys.

Addhesive

Originally Posted by LynnRE

lapcus: Just wanted to set the record straight. Only 41 of the 57 counts against BM are for Money Laundering (New Mark Business Centres Sdn Bhd). 7Charges are for Illegal Deposit Taking in Labuan and the balance are for Receiving Funds from Unlawful Activities (Pic Capital Sdn Bhd and PIC Capital Ventures (M) Sdn Bhd). Not quite the slap on the wrist you think it is. These are all very serious charges, and since this is the first case of its kind in Malaysia, don't expect a lenient sentence. What is really going to be interesting is when will the charges be filed for PIPS? So far this is just about them taking money and putting it into their own personal accounts from PicPay and New Mark [can you say Bistro, Coffee Houses, Fashion House]. Seems every time their is a Mention, more charges get added. Will this next Mention be the one where charges are finally filed regarding PIPS? Sure will be interesting to see what happens on 1/4/07.

Exactly,

A slap in the wrist is as far from the truth as you can get as I see it. These are all serious charges, and more to surely come as investigation continues. Personally speaking, what I cannot and will not forgive are the lies which induced so many who could ill afford a loss. A crook or thief is one thing, but a low life liar praying on the poor under the pretense of helping the poor is in my opinion worse than being a scammer.

It is as low as it gets when you rip off the poor with no conscious at all, and that is what these low lifes have done. This cannot be forgiven, even if the fantasy some have of innocence, there is no forgiving all the harm they have caused to so many poor people. He looked us all in the face in HI and lied, over and over knowing he was scamming us. Being scammed of money is one thing, but they stole peoples hopes and dreams, and that is far worse than just ripping off our money.

Good luck to all, Mike

I believe quite a few of those ‘poor’ people were enticed into joining PIPS as a result of independently operated marketing groups comprised of certain PIPS members. I recall regularly getting email spammed with all sorts of wild claims about PIPS months after I joined up.
Interesting looking back and seeing some of the names connected with those campaigns!

Originally Posted by Chester

I believe quite a few of those ‘poor’ people were enticed into joining PIPS as a result of independently operated marketing groups comprised of certain PIPS members. I recall regularly getting email spammed with all sorts of wild claims about PIPS months after I joined up.
Interesting looking back and seeing some of the names connected with those campaigns!

Any familiar names Chester?

I'm new to this forum, I have dinars. But I have stoped in and read this convo a few times. I have to say, this dude must have known he was goin to be in a world of hurt when the authorities started investegating him. Why didn't he get himself lost somewhere in a small cave until the heat was off? And did he do all of what they say he did? all by himself?

Originally Posted by Captain11

I have to say, this dude must have known he was goin to be in a world of hurt when the authorities started investegating him. Why didn't he get himself lost somewhere in a small cave until the heat was off? And did he do all of what they say he did? all by himself?

Does seem illogical, doesn't it? He would have to be some kind of stupid to plan to rip off all of those people, introduce himself, splash his picture all over, and remain in the open. While I do not know the inner workings of anyone's mind, acting in like manner seems preposterous to me. But then again, the hatred seen here is also beyond me.

I can only suppose that the "poor" people who were ripped off, lost their life's savings were also ignorant. (I said "ignorant" not stupid.) Otherwise they would have read the info that was given telling them that the program was high risk. In this case, they would not have understood "high risk" which in and of itself is a red flag that would cause pause for the savvy "investor." Nevertheless, it is my understanding that there were those who made an exceptional profit from investing in this venture.

I learned my lesson when participating in a slick venture called LFI. The perpetrators of that scam told the participants (including me) that there was no way to lose, remained behind the scenes, never allowed their names to be known, had no other address (traceable) than their email addy. They wrapped up about 5000 of us suckers, collected our $1,000's paid off a few, and then had bank problems. Of course this scam had a semi-annual fee that had to be paid. After collecting the second fee, they closed shop and was never heard from again. This scam occurred in 2001. They planned to scam us.

Oddly, there was no outcry for their hides. I suppose that it was because they were definitely out of sight. This poor guy, Bryan, placed himself in plain view. I think he also did some foolish things. As a scammer, he was not smart at all. He set himself up as the whipping boy. And I must say there are those who are hoping he gets the worst "whuppin' of his life. If he lived in the USA 75 years ago, I bet they would be attempting to lynch him. I guess I should say "string him up" because lynching has racial overtones which I do not want to infer.