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

Glad to see someone is getting their money back from these low life scum bags. They should have been left in prison to rot.

To all who responded to my post announcing the Refund, successfully carried out from Malaysia to the respective Claimants who "entitled" themselves from the perseverance they only, undertook it from the very start when we, Admin and I had approve to designate Batty to take up the assignment.

I shall also respond as best as I can to most of the feed backs, that were gracious to share the success of the Claimants as well as those, who unfortunately, were unable to achieve this accomplishment for all the reasons they went through from the day, week and month when we launched the start on the Marsdens Trial coverage in 2006.

In short I shall add, we, the Claimants, which I excluded myself by choice I made & undertook, were successful merely on the fact for the early months and from the very first year that the coverage at the Malaysian Courts were in session, it became apparent to seriously adopt a steadfast path that excluded the threat and growing mockery which also included undesirable postings by several members with their negative mindset which undoubtedly was meant to veer and disrupt the harmony of the majority and the efforts that was put in place in following closely on the Trial developments taking place in a distant country, which I can safely mention, is too far away for most to fly there and be back and repeat that pattern for an uncertain umpteen months and years just to stay updated with the trial of the Marsdens.

I envisage with optimism of this accomplishment, but was in no position to predict just WHEN... however, it was also necessary, to apply the required assurance which involved the gradual growing interests and participation by those who are bent on seeing to the end from those who are only unsure and indecisive to stay the course. WHY...?

Simply, it will cost the much anticipated effort to maintain the coverage and no one but the eventual group of Claimants are the ones who will know that they are the individual that will see it through and with that in mind to respect their desire to the last, and some serious bad-mouthing members with their unhelpful postings had to be dealt with as well. If we both, Admin and myself had not decisively acted on what was necessary, I am certain, we would not have lasted past the 1st year of the coverage and wave goodbye to the opportunity which we now saw as successfully executed and achieved.

Hence, the creation of the Donors Group was initiated and from there, those that can & continued to stay on for what they could see as affordable by a modest donation sum, which was utterly necessary to accommodate the "rising and unknown costs" to make sure it stays sustainable for Batty to remain covering the trial and sacrifice VERY much more of his own personal time whilst bearing in mind, he was in a frail health as well even though he had to be the sole Guardian and caretaker for his ailing mother and siblings on an unenviable daily commitment. I won't go further into the details but just imagine the unthinkable despite portraying a smile to make it appear as if nothing is at its worst... that too needs to be considered and "charity with just words" supporting the coverage & cause, will NEVER have made this accomplishment which fortunately, was well understood by the involved Claimants and that paved the way to pursue further.

The buildup from a safe and serious position is equally crucial. To gain confidence, to gather a common understanding and determination, all costs possible, cannot be said nor expected by most early Donors and definitely NOT by those from dubious quarters, both pro and anti PIPS /BM.

We were not , back then, amused by the kind of rhetoric taking place to jeopardize a greater need on the Trial coverage nor be partisan to those in favor of just banting & ranting away their hot air on matters of no relevance to the cause.

A serious stand was needed and if you are NOT with it by whichever method we had to apply, and if you only saw the need to go halfway only and fall out for all the right reasons we don't need to know (since EVERYONE has a personal problem & excuse as it is human nature to be in), only those who stood by and "financially supported the funding of the coverage will be seen as serious candidates to become Claimants.

We as Admins, DO NOT determine WHO should or should not be a rightful candidate to become a Claimant eventually.

It is for the individual to make that choice, NOT us. We were instrumental in making sure, it became successful for all who decided to see it through... seriously and no excuses to distort or delay the efforts made.

Thus, if you played your cards right and have an open mind and be diligent with keeping track of developments in this forum and not be swayed by others and their "insights" that echoes from outside and on other forums, you would have found yrself easily on top of the matter from the day we launched, Yes, it was arduous to stay on track but heyyyy, it was even worse for Batty if you will.

Alright, whatever that took place was taken and necessary and its a success formula with the opportunity given, I in particular, can't afford to be indecisive and unsure and simply tending to everyone with a YES attitude... it cannot please everyone , esp. those who were the troublemakers which I had to deal with and it was good that I did it and leaving them out for themselves and their continuous bellowing of ranting criticism that I am aware took place in other forums.

Now, Admin was on the line a few minutes ago but I'm watching on my settee with my better half on the Royal Wedding of Prince William and now, Princess Catherine who are both now titled with Cambridge added.

We decided to postpone our chat for later.

I shall answer some of the feed backs with their quotes pasted in here... if you have any, you may do so too.

I'll be back later in the afternoon, so keep this thread on standby if you wish to know more on how to go about with the next attempt on recovering your monies... i will give you my opinion on it and the possibility of that likelihood that some of you suggested in launching.

I'll be back.

YB.



I'm back again with some feed backs pasted here and my personal opinion as answers to their anguish and dismay for the way they felt "left out" by the choice they were given and can only be decided by them should they then took the opportunity seriously.

Originally Posted by cherith

Not sure how to post but I sure have not been kept in the loop...Can someone help with refunds now????

YB: Yes, that was a shame for if you were, you stood a good chance to be with the candidate Claimants who eventually saw their hour and day materialize with the much awaited payout refund, all the way from Malaysia. We can't assist as far as the case in Malaysia is concerned as that was now CLOSED and Done with as decided by the Malaysian Authorities presiding BM's Fraud in that country.

Unless, BM is again apprehended, and whoever that is part responsible or closest to the location where BM is in custody pending a similar charge and potential trial in a country other than Malaysia, and if the person(s) who wish to involve ROLClub to help assist like we did after a person or persons (preferably ONE person is adequate to minimize costs), we would reconsider extending our help based on the formula we endorsed which proved successful with serious and careful coordination applied to serve only serious candidate Claimants.

But first, go find BM and have him apprehended, is the next logical move I believe. - YB.

Originally Posted by jokarol

Yes I had money in there too.... still have all my paperwork! Would be great to get some of it back......

JoKarol

YB: Unless BM is again apprehended and charged, we are in no position to revive as the case within Malaysia is over, closed for good. Perhaps, you may want to keep those docs as records that may serve well in future at some other country but until that opportunity shows up, the prospects for a revival with Rolclub is as good as over too. - YB.

Originally Posted by marrrco

Hi,

Great to see someone getting refunds....
If someone could let me know who I could contact or make a list with regards to putting together a request for refunds.
I paid in £4000 not to mention the original amounts with "GoldenWomb" and "Pureinvestor.com".

Thank you to anyone that can point me in the right direction... please PM me.

Kind regards,

Marrrco.


YB: Marrrco, good to note yr sense of approval on the successful Claimants. I can for a start, mention about the undertaking on a collective effort heading towards an effort for submitting a Refund Claim. On this I have to disappoint you for the time being as the obvious question then comes to mind, at WHO???

BM is out there loose and free and perhaps pondering on a return with another crazy concocted PONZI scheme, perhaps labelled under an Android version or iOS... who knows??? Whatever it may be, he first needs to be apprehended and charged and then, you are looking at a possible year or two to see it dragged out through the courts and if he's in a country where the system to prosecute and do away swiftly in a shorter time, all the better but WHERE and has any more the stomach to put up with whatever funds they should also be prepared to cough out at the preliminary stages on the trial Coverage and later, strike a deal with the Lawyers who certainly wish to have a "cut" seeing millions involved are at stake? We were there and believe you me, I know what I just pointed out that was experienced with the Malaysian Claim. - YB.

Originally Posted by jrjibs

being responsible for 9 PIPS accounts and having contributed to being kept informed program I would certainly like further and better particulars of what monies may be available for refund

YB: Your question to first knowing whatever details or documentation needed is now pointless to divulge as each country may have different demands and criteria. Above that, until BM is again apprehended, and the charge being made known and released, then comes the fact if, where he is held, whether the legal system has found a way to impound whatever monies BM still has with him and from that amount, its all grabs by all those who are aware, diligent to stay the course in following the trial and truly stay supportive to cover efforts and $$$ -costs until the real possibility of a Claim can be established and which Law firm is prepared to undertake the sequence for representing all Claimants etc... an arduous step indeed to follow thru and not worthy of discussing these bits when there is no one like BM held in the "dock" as charged. - YB.

Originally Posted by AndyUK

Anyway, it was with some surprise that I received an email this morning after such a long time resurrecting what I now consider such a dark (and all-but forgotten) nightmare. However, it was also encouraging to read that some have been successful in reclaiming their investment through the courts and I heartily congratulate them, although as mentioned by Alexander (aashomlo), it does seem a little odd that a class action wasn't taken out in the first place on behalf of ALL investors, but lets not dwell on that...

It would indeed be most helpful if such a plan of action could now be initiated as soon as possible along the lines suggested by aashomlo - I too still have all the documentation I ever sent / received concerning PIPS so could easily send copies of this information to a legal representative as and when required if it would help not only in my case but also for others hoping to get any part of their initial investment back...

As I noted, I'd sadly written off my not exactly small investment (it was initially "investment" money anyway, but I wasn't expecting to lose the whole lot - a large lesson chalked up to experience!), but if I could retrieve just something (anything) back, that would be a huge result. I'd therefore like to sincerely thank Admin for sending out the email today, but hope that the line of communication can now remain open and very active so that we can all try and progress this. (If I lived in Malaysia myself I'd gladly take up the baton to liaise with a legal team, but sadly I live half a world away...)

YB: thank you Andy for your kind words. Yes, it would be most helpful to revive a new attempt but as I mentioned earlier to another, that would only be deem possible should and when there is proof and defined apprehension of BM wherever he may be held in custody pending trial for the misfortunes he caused to so many more out there that could and would like to see their monies returned through a Class Action initiated. For the moment, the Malaysian episode is done and over with. BM is once again bouncing out there in freedom...

He probably is worming his way in through one of the many HYIP program-forums that you may need to delve deep into to recognise the hallmarks of Bryan Marsden persé. - YB.

Originally Posted by texasgmp

From what I just read, there doesn't seem to be any ongoing refunds.
Only refunds that were had, were by the "small click" of people here on
this forum who happened to have enough money to be able to "donate"
to Bat's travel costs and this untl now unknown Lawyer Defense Team.
None of us lttle people without the necessary funds to contribute, were
included.
And from the notes YB posted recently; it seems there was never an
intentsion to fight for refunds for the larger membership; just the
small elite group that could afford to fork over additional funds.

Not my idea of fair play but fairly typical of the world at large's attitude
towards their fellow man.

To say the least I am disappointed in "this" small group that seems to
include some of this forum's administrative staff.

You probably remain uncertain as always and bedevilled with speculations of your own assumptions that you have clearly mention without being careful with what you presumed.

YB: With the exception of Batty, no other ROLCLub Admin team had a stake on the claim FYI. Any intention to exclude ANYONE for his/her right to claim is again your preposterous allegation. As we don't decide WHO has the right, but if you play yrself out of the deserving candidacy, with whatever it takes to become one, that right YOU forfeit upon yrself. I'm sure, NONE of the claimants can agree with what you alleged and that spells more than needed to be said. In this course where a claim can become contentious, having the professionalism expected from a Legal Team is essential and no ProBono can be discussed nor suggested. Not when the Lawyers know for a fact that they are dealing with millions to recover. So, if you have a way with easy and free and no costs like Charity institutions are involved, you should have undertaken your assumed success formula yrself. You can as an option, introduce your form of strategy when the next attempt, wherever that might be and whenever that comes about and with whoever group of Claimants involved, they might reconsider your approach which may be far effective if it ever surpass for the 1st round of consideration as ever being plausible. - YB.

Originally Posted by heaven

How do we need to proceed to recuperate our money? Will you email members once you know?

YB: I can't think of another opportunity so long as BM stays free out there and until he ever becomes apprehended by any ex-Pipsters on grounds that can warrant his custody in a country that prosecutes online Fraudsters, we cannot offer you much hope on this expectation. - YB.

Originally Posted by lastminute

Been waiting a long time for any news, sure would have been to have been notified that we could apply for a refund. last I heard we were still waiting for a court date. much disappointment for those not in the right loop. I guess being a forum member and no time to just sit and watch the forum wasn't good enough

YB: Like any News, when one is serious about it, it is again based on one's own initiative to stay in the loop and never to miss unless you are not seriously bent on following it through. everyone has his/her own agenda and you have to manage that yrself. So, with this being badly missed out, just make sure you don't repeat it on any future opportunity... as "Opportunity only Knocks Once." - YB.

Originally Posted by aashomlo

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.

Originally Posted by eastpark

Its nice to know that you had people to support your course and they get there refunds.not all of us have money to do that and eventually ended up bankrupt or still paying off loans we were stupid enough to take out at the start of pips. So please consider others who do not have any money to invest.

YB: I need to correct you on that presumption concerning "your course". It is NOT our course, we were indeed involved and instrumental in managing to help make the effort and undertaking the course to be a serious and devoted one to meet its end materialize with success. Its not a fun and spree game at all. Also, and it is unfortunate but reality is hard and there are no one out there to help lend a shoulder when they too are in the same boat with you but they do what it can & takes to see their interests end with satisfaction and closure. Each individual has their own reasons as well as you obviously have and I don't plan nor have expected to or decide what is best for you... you make that choice decision and we as Admins of ROLClub had tried and in assisting that the course taken be as smooth and effective as possible and we achieved that as well with unpopular moves made to curb some unhelpful quarters from this forum's membership who were trying to distort the trial coverage from the very start. - YB.

Originally Posted by dominion

Though it appears this may be my first post, I've followed this forum for years. I remember asking for support, and I did give (pretty sure it was through paypal), so if I am reading things correctly, that puts me on the "list." Who keeps it? Or did I miss something at some point (can't imagine what)?

YB: You probably did and I don't wish to discount that possibility with a Egold or PayPal donation and if I recalled, it was then a minimum of just $2,50 as a donation. But a donation, esp. a one-time from a small amount doesn't go a long way these times and even for then, that's how it worked with all funding by Donors that knew what is at stake and continually supporting is an unwritten gesture humbly avoided with reminders. You being on the List is actually NOT determine by anybody but yrself subject to you showing will and grit in participation like all the other Claimants and being on the List comes with several other expectations too to make it feasible for consideration and accepted by the Law firm. If you have no funds to discuss from, there's nothing they can do but skip your request for representation and that's just for starters. I leave you to figure out what the rest might be... try it first with friends who have some idea on how things work out that are not on ProBono basis.- YB.

Originally Posted by fdroth

Hi, this is my first time posting, but since I received the recent message about the Marsden trial, I am wondering what I needed to do to file a claim for maybe getting my invested money back. Thanks.

YB: I'm afraid, nothing for the moment. There is just NO WHERE to start your claim for a refund and if there is one, WHERE have you in mind? Certainly NOT Malaysia as that is now done & closed, file closed... habis & tutup. - YB.

Originally Posted by gator

Please tell me how I can apply to get my money back. I have all my documents in hand and ready to send showing all of the money I invested in PIPS. Thanks Gator.

YB: The case in Malaysia was long closed to any more Claimants planning to file in, back in early 2010. For now, there is none to file nor claim from and with that in mind, the only option left is hope that BM is apprehended and once he's in custody to be charged for the obvious reasons your loss is related to, could it then be a revival for a Class Action case be brought about. - YB.

Hi everyone!

I'm really happy for all of you who have got your mony back, but I'm sorry for all of you who payed for info and help, and just got the message that you were not on the claiming list. I'm one of them.

The pips member list, and invested mony would have been the fair way of making everything right.

Kind regard

Carma

Edit: Yes I do recall your donation contributions but after sometime in 2009, despite reminders for funding was made known to all involved, we did not hear from you anymore. We had no intention to urge nor kept reminding for if anyone who wishes to step out supporting, will eventually be viewed as stepping out from the others who wish to continue and stay listed - YB.

Just read down through the Thread. How does one go about getting their money returned? Do I have to file some sort of claim or is my information on record and it will come via snail mail or some other way.
Thanks for all the hard work
Darrell

Edit: Thank you Darrell. That avenue to see any money refunded from Malaysia is over and case closed with refunds already undertaken. - YB.

So , no point in going into this forum if the money is already paid out , just spam in my inbox .


Edit: I will have your email deleted, this way, you will be sure of no further mails reaching you. As mail notification is sent out in huge bulk, it becomes too cumbersome to sort out yours only as an individual, hence, this is the best option unless you wish to receive each & every RC mail announcement, do let us know. Any inconvenience is not meant to be caused but we trust you understand the difficulty to set aside just one email addy out of thousands. - YB.

So how to we get our money back...I invested $1000, my mom invested $10,000

Thanks
Charlotte Dianne Elliott

Is there a process to obtain funds that were already posted to be wired to our banks. I have paperwork that shows amounts and dates transfers were approved by PIPS?

Thanks
srair71

As I live in Australia and can not afford to get to Malaysia to make any claim for lost funds as a result of investing with PIPS, can any one tell me how to go about making a claim ??

Is there a particular place to go online to get a claim form. Most can not find anything on it. This is why we are members of this forum, for coaching on how to do this. We have all been watching for years and I am sure there is a way for us all to put in the claims that we need to put in aside from traveling over there which is just not affordable in time and money. Wish we all had the money and time to invest in persuing this.

I too donated funds way back to assist in the cause but have not received any notification that I might receive any of my initial investment with PIPS back into my bank.
I also agree that the original PIPS member list would be the fairest means of returning invested funds.
Regards.
R.R.