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  1. #71
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    And the "It'll take a global financial meltdown before Pips fails" line.

  2. #72
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    Quote Originally Posted by Dreamer View Post
    "do not invest more than you can afford"

    Thats fair enough,but what about

    "Members funds are secured and backed by gold in our storage facilities in Australia "?

    Strange how this statement on picpay is never included when the famous "do not invest" is mentioned.
    This is so TRUE... The cheerbots always seem want to blame it on the victims and completely ignore the fact that PIC PAY WAS NOT AN INVESTMANT.
    Bryan was caught stealing millions of account holders money from this supposed BACKED BY GOLD 100% GAURANTEED BANK.......

    Please, Cheerbots say this 10 times and maybe it will sink in...

    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT
    PIC PAY WAS NOT AN INVESTMENT


    NO ONE'S MONEY WAS SUPPOSED TO BE AT RISK.......PERIOD

  3. #73
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    Quote Originally Posted by Owen Platt View Post
    Nor is the insurance policy - or did the bank freeze that???????????????

    Again something the cheerbots seem to conveniently forget. That one's principal investment was , "Insured". Any loss was only supposed to be on future earnings only.. That was the risk factor according to Bryan.
    I still find it hard to believe that more charges of fraud and embezzlement haven't been brought yet... Unless Bryan has this policy,a few hundred million in Gold sitting in Australia, and three or 4 billion earning 1.8% a day to back up his, "Investment", vehicle called Pips it seems to me to be a slam dunk prosecution..
    Of course if Bryan does come to court and has the insurance policy, proof the gold exists, and can prove he made 1.8% a day I will become a cheerbot myself....and Owen you could right a new book, "The lie that became True!!!"
    Don't think I be seeing that title at the book store anytime soon....
    Last edited by boatman; 22-11-2006 at 11:41 AM.

  4. #74
    Investor Owen Platt's Avatar
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    Put it this way - my publishers have not applied for an ISBN number for that title!
    I suspect more charges will follow. As I often point out, Bank Negara have not completed their investigation of Pips. These charges involve only the Marsdens and their Newmark operation.

  5. #75
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    Ooh look, I'm a Moderator now... best you lot be on your best behaviour!

  6. #76
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    Quote Originally Posted by nej View Post
    Ooh look, I'm a Moderator now... best you lot be on your best behaviour!
    Hope it pays well Congratulations nej

  7. #77
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    Cheers Dreamer, They tell me the warm feeling is payment enough...

  8. #78
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    Quote Originally Posted by nej View Post
    Cheers Dreamer, They tell me the warm feeling is payment enough...
    Hehe, til site is stable and making some income.
    marek

  9. #79
    Senior Investor Offshore-Wealth.com's Avatar
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    Quote Originally Posted by nej View Post
    Ooh look, I'm a Moderator now... best you lot be on your best behaviour!
    Welcome to the Mod Squad nej, nice to see you added since you are also one of the more level headed realists on forum. (g)

    Good luck to all, Mike

  10. #80
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    “There are other factors in this as well, the fact being that Millions of dollars in cc transactions went through and to date neither eCommerce Services UK nor Ectrust has paid one cent of those funds to pips”
    _____________________________________________

    “This was not about chargebacks or retention money it was just non-payment by the processors”
    __________________________________________________ ______________________

    BM posted those comments just a few months ago. I think quite a few members may have missed them as BM briefly popped in to the lengthy, Humble Request thread.

    Assuming the above statements by BM are indeed accurate, will he be permitted to present the situation as part of his deffence? And will the court order that the credit card processors release the withheld funds?

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