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Thread: Updates on BM & PIPS Refund, Claims & Payouts

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    Thank you for the email, I have looked at the previous posts, so that I shouldnt ask stupid questions. Thank you for the information, and for those who are the Claimtifs, good luck.

    I did not donate, I couldnt. And I dont expect any money back. Sad for my old aunt, who had someone else managing her money, and she would not be able to send any money, not on her pension. And the ***** who invested her money, believed so much in Holy Bryan, she wouldnt donate.

    So I assume this is the end of the PIPS story :-) Some angry, some in doubt, some happy, and a lot of money in Malaysia.

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    Hi YogiBrood and Admin, Thanks for your emails and well done on your payout at long last! I am so pleased for all of you.
    Be sure not to spend it on any more HYIPs!! Now.......did I tell you about my favourite charity, hmm??
    Seriously, it was all well deserved and the best of luck to you all.

    Edit: Thank you and I'm equally pleased that this saga finally ended with those who stood to the last, having seen and feeling their rightful monies back into their possession. I didn't get any for my part as I was NOT a Claimant although I helped to make sure everyone who wanted to be, seriously got their chance to submit their claim.
    As for the charity bit.... Charity starts at home and esp. when the other saying is equally true... God Helps Those who help themselves first & foremost before anything else needs also to be considered. - YB.

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  5. #1613
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    PIPS refund?

    Hi YogiBrood!
    I had millions of dollars in 2 separate PIPS acconts.
    How can I get all or some of my money back?
    Can you please give me a simple recipe?
    Can you help me collect the money in any way?

    I am more than willing to go to Malaysia if necessary.
    Best regards from pips4fun
    Don't bother but you sure will have a good holiday trip starting again with Langkawi and then go visit the rest of the other exotic locations in Malaysia... do spend your leisure $$$s instead as oppose to the retrieving side, don't bother anymore as you missed the "board-on" boat back in the late 2006 like so many others did too.

    The next time, stay on track and take the extra mile esp when the stakes are so high like in your case. Its a simple recipe as you wish to see it but staying grouped with the rest who shows serious involvement means alot as a collective body and that's my recipe as advise when the next opportunity shows up.

    YB.

    Quote Originally Posted by Tasha27 View Post
    Thank you for the email, I have looked at the previous posts, so that I shouldnt ask stupid questions. Thank you for the information, and for those who are the Claimtifs, good luck.

    I did not donate, I couldnt. And I dont expect any money back. Sad for my old aunt, who had someone else managing her money, and she would not be able to send any money, not on her pension. And the ***** who invested her money, believed so much in Holy Bryan, she wouldnt donate.

    So I assume this is the end of the PIPS story :-) Some angry, some in doubt, some happy, and a lot of money in Malaysia.
    I'm also sorry to hear your misfortune and that of your elderly aunt too. Yes, those lieutenants of BM are scumbags that ripped equally more as Bryan did indirectly for his part but he's the brainy behind and is therefore accountable for all the millions that went every which way into many places one of which was Malaysia.

    The PIPs trail will possibly linger on and may continue so long as Bryan Marsden is out there, alive and the missing millions that are stashed elsewhere are yet to be claimed. ROLClub is not in the business after this last Coverage in Malaysia, to be involved and continue looking out for another claim case unless members decide to have ROLClub manage a similar undertaking to assist a good process all over again.

    But for now, its beyond our commitment and involvement as it is also possible that other Forums or groups may initiate such a process once it can be determined that BM is in custody for the alleged charges like frauding YOU and the many millions yours is part of with other scammed ex-Pipsters.

    YB.

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    Thank you for emailing me so I can be informed!
    Hope to get my money back from Pips investment, too.

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    I just a teacher in the USA, but would love to have closure on this case if for no other reason than to say it has gone on long enough. Fair is fair. To keep this couple confined for this many years is nothing short of cruel and inhumane. Of course, I would love to have my money back, who wouldn't, but it may not happen. Either charge them or release them. It certainly doesn't make a good international impression for the Malaysians. They mostly seem incompetent after all this. Just my humble opinion...

    Edit: That's amazing to note. Nothing negative from my response but I want to be sure also, how well informed you kept yourself as we are now approaching halfway into 2011 and were you not made aware about the Marsdens being freed almost over a year ago in 2010??? At this rate... you probably will be acknowledging after 3 or 5 years later that you still might think that Osama Bin Laden is still alive while at this very moment as I type, your President is about to make headlines news revealing proof of his death.

    As for the Malaysians manner of handling, it has its share of controversy but when it comes down to Justice, they can be equally harsh & far from compassionate too however, that country held the Marsdens in custody for as long as they found necessary as investigations somehow became difficult perhaps due to the fact that BM was craftier than anticipated and wrapping it up in a short sweep wasn't as easy as it was hoped for.

    Nevertheless, the authorities lived up to their commitment in returning some I believe, the funds that was open to be claimed and those that made the effort to comply, applied in good time and using the correct path to successfully obtain it.
    - YB.

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    Quote Originally Posted by aashomlo View Post
    Hello Friends,

    It seems that everybody is confused and nobody knows how to initiate new refund claims. Common sense dictates to start with approaching one of the lawyers who got results already with this case and ask him/her to represent the rest of us is a class-action suit. (This is what it is called in the US. It may have another term in Malesia.) Once a proper legal representation is arranged, the instructions should come from the lawyer how to file individual claims. Keep in mind that somebody got the records showing how much each investor invested in this program. It's a matter of asking the court to make it available to our attorney and manage our group claims.

    Anybody who knows anyone who already received his/her refund, please get their lawyer's contact info. Then someone who lives in Malesia or can easily travel back and forth to Malesia, consider to be our representative and talk to this lawyer. If successful in attaining the lawyer's services, inform us on this forum and provide instructions on how to file a claim through the lawyer.

    This seems to me as a starting plan. Immediate action is required by those with access to the relevant information mentioned above to get the ball rolling. Every day is critical to assure this plan success.

    Good Luck to all of us!
    Alexander
    YB: Alexander, good & suggestive input and positive too. I have to disappoint you regarding contacting the Malaysian Legal Firm. For this is a closed and DONE case and remember, BM is no more in Malaysia either. - YB.

    Dear YB,
    I understand your feedback. Under these circumstances we need to be practical and take the initiative for a recovery plan. Someone, -- either BM, the bank or the Government -- has our money, the portion that was not refunded. Whoever got this money is stealing it from us and must be forced by law to return it. We need to hire legal firm to represent our interest and go after the thief. Sitting and waiting for an invitation by any court to file a claim is futile. I hope you didn't give up and will help with this plan or any other practical plan someone else may come up with. Let's be pro-active rather than passive and compliant.
    Respectfully, Alexander

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    sincerely, thank you for all work done!
    thank you for your courage, your stubbornness!
    but I still have concerns.

    Edit: In such a case like this where one have to see it way in advance and understand the nature and potential outcome, stubbornness is an understatement. More a fact of setting self-interest and agenda aside and allowing no room for conflict of interests with the goals and with any Claimants involved and that is the formula to head-off a good secure start and also, doing away swiftly with any 'hurdles" from suspected troublemakers that are always present to disrupt the struggles of the rest. - YB.

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    when is that the repayment will begin!
    is what you have to contact all investors in the world, those of African countries by country!
    in any case, thank you for trying!

    Edit: If you meant concerning the Malaysian refund, firstly, it has no more bearings for your concern (given from any of the Claimants perspective) however way you look at it and secondly, I can only mention that its long underway and completed since early April but for some who may still be on Easter holidays, will need to have a surprise notification waiting for them upon their return. - YB.

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    Quote Originally Posted by aashomlo View Post
    YB: Alexander, good & suggestive input and positive too. I have to disappoint you regarding contacting the Malaysian Legal Firm. For this is a closed and DONE case and remember, BM is no more in Malaysia either. - YB.

    Dear YB,
    I understand your feedback. Under these circumstances we need to be practical and take the initiative for a recovery plan. Someone, -- either BM, the bank or the Government -- has our money, the portion that was not refunded. Whoever got this money is stealing it from us and must be forced by law to return it. We need to hire legal firm to represent our interest and go after the thief. Sitting and waiting for an invitation by any court to file a claim is futile. I hope you didn't give up and will help with this plan or any other practical plan someone else may come up with. Let's be pro-active rather than passive and compliant.
    Respectfully, Alexander
    You are right and certainly will gain our support morally speaking & sincerely meant as well and I'm sure for a fact, many have now realized, how ignorant they have been to have once ignored the fact & serious involvement at what we undertook. It was a serious effort and undertaking which paved the way as well with recognition and acceptance as the one of several, legally submitted attempts which the Malaysian authorities then accepted and gave the due process, the right for a Refund based on the amount, THEY deemed fit and legal by Malaysian jurisdiction, to be handled only through the given channel back then and that involved a process which is only to be arranged by each and every representation from a Law firm assigned and approved by the Courts. All that undertaking would not succeed nor take place from simply through a Forum's obligation to many of its members who exchanged some posts, anti or supportive of BM, halfheartedly donating and then sit back like a dream for the refund.

    There are actually more to it than meets the eye and Admin and I as being instrumental on behalf of ROLClub, made sure a system was in place and although it may prove unpopular, it was the ONLY effective method to have serious claimants making their due claims stick and stayed STUCK to the very end. Words alone just don't prevail and nothing can be achieved either if it was expected to be pursued without continued costs to sustain the entire process.

    With that executed, the case ended and was closed and there is NOTHING more to go onto for as far as the Authorities in Malaysia is concerned after the approved refund as deemed appropriate by the Malaysian Court was paid out.

    I say & mention this without reservation. I also knew, just how difficult it was to finally assigned a local Law Office to confront the Authorities on their own turf and that was only possible while the subject, Bryan Marsden, is still behind bars. With a certain procedure which involved the Refund process, was then enacted and resumed within a time frame given. Past that by one day being late, and any Claimant or Legal Representation being slack and ignorant can kiss their submitted application down the drain as was a case for an Australian couple with local representation and they made a number of flight trips themselves but I believe, they could afford it I'm sure which isn't going for cheap but at a loss eventually due to timing, bad timing and VERY poor Legal representation with a disreputable and probably insensitive but greedy law firm as well.

    Its all about rules laid down specifically by the presiding court and timing too is crucial and that was key to everything being played out and we, on behalf of the Claimants, who were fortunate to be part of the ROLClub assisted List and being self supporting with further individual legal costs, played out well and in good timing given by the serious handling we involved ourselves in from the very start.

    Those who took it lightly, trailed off and/or ignored it for all the reasons they had despite the many reminders, even on a voluntary basis, with the subtle donations indicated, that was a way to stay on board. Ignore it, means, you ignore and forfeit your own right to stay interactive and cooperate on a collective approach with those that did and remained in the pursuit for their goal, the claim & refund... one way or the other.

    I am positive on any warranted pursuit but certainly, to stay pragmatic, equally far from optimistic as far as confronting the Malaysian authorities, for there is nothing more to approach on or knock on at the door of WHOM? The Bank as you suggested?

    Certainly that's a start, at the front door & it will remain close for the mere fact that the case is long done & over (case CLOSED) and having the case re-open not only needs a new attempt with a legal representation who again may end up with no facts at hand or provided by the Bank or courts and thus, a dead end valley welcoming the lawyers and with rising legal fees from the very beginning for all the "late would-be claimants" that was first needed to be raised and collected, administered and transferred to pay upfront to a local Law firm who more than likely, will take the money while offering & claiming the options: No money NO TALK while knowing all along, its free money to a dead cause but what the heck, its a free ride from an extra cash-flow from these lot, wherever they come from!!!

    Yes, the other option you raised, which I repeatedly mention earlier, is go after Bryan himself and that would need more time but find him first & foremost, narrow down his location for apprehension by local Law enforcers and naturally, supported by a Lawyers writ with charges slammed at him and while he's arraigned, and given the time he remains in custody, ALL OF YOU better not waste any more time bickering on a decision but get your act together with a floating amount of $$$s to fund all necessary coverage and arrangements to set up a Legal assignment for a Claim and we can as we did, assist where needed in staying instrumental with managing a List of Claimants and their regular fundings to sustain the process like we did with managing effectively with the Malaysian Refund objective.

    YB.

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    Quote Originally Posted by conniecrawford View Post

    This is great news! We have waited so long to hear anything positive about PIPS and maybe this is it!

    Edit: About the setup of PIPS being positive or the outcome to understand PIPS was a sheer SCAM from the very beginning? Please post anything related to PIPs in this current forum left to stay open for it. - YB.

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