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

Dear YogiBrood,
So are you saying that the only possiblity of getting any money is by actually making a trip to Malaysia?
Please advise. Thank you.
Goankar

Originally Posted by YogiBrood

hi Bill,


the last list was legally submitted and approved after negotiations were arduously conducted with the final choice made on a Law Firm that represented the involved Claimants.
YB.

Dear YB,

Would it be possible to just publish the list of the chosen claimants?

I made a small gift on the original fund raising, so I should be on it, and many other of us believe they are, some who did not support your efforts now are looking on how to catch up even you repeat that the case is closed...

Maybe to keep anonimity of the lucky ones, it could be a better idea to pm the listed ones and confirm by a post here that the pm's have been sent?
I think it would make it less a kind of a "lottery hope"

Thank you anyway

Edit: frankly, my efforts were rather insignificant but more instrumental in securing a success for ALL involved... i.e. WILLING to become seriously involved. From that moment, it was a matter of who wants to take that extra mile would then determine his/her outcome... I DON'T determine nor select WHO gets on-board but I did help secure rigid and necessary implementations with Admin, to make sure, we are NOT partisan to either pro or anti Marsdens... that is not allowed to happen and... I became an unpopular person (in this forum & elsewhere but which I can live with...LoL) as a result and to make matters worse from these hullabaloo members, who does nothing better but to try distorting & disrupting a serious process that was making headway and progress!!! - YB.

Originally Posted by goankar

Dear YogiBrood,
So are you saying that the only possiblity of getting any money is by actually making a trip to Malaysia?
Please advise. Thank you.
Goankar

You should first try to read my replies to the various questions posted by concern members who have the same desire as you.... start off with page 39, post 1540 >>>: http://www.rolclub.com/pips-program-...gnment-39.html

......and read every single post from there onwards and you will get to find your question answered. Please use some extra vitamins (no punt intended) for you will soon realize that was a dumb question for a follow-up option to consider by heading to Malaysia unless you plan to be a spending tourist, despite all the indications, tips & hints I have been releasing....

YB.

Originally Posted by cedrac

Dear YB,

Would it be possible to just publish the list of the chosen claimants?

I made a small gift on the original fund raising, so I should be on it, and many other of us believe they are, some who did not support your efforts now are looking on how to catch up even you repeat that the case is closed...

Maybe to keep anonimity of the lucky ones, it could be a better idea to pm the listed ones and confirm by a post here that the pm's have been sent?
I think it would make it less a kind of a "lottery hope"

Thank you anyway

When the List was finally approved, NOT by me but by all Claimants involved, I had no influence ANYMORE as of then... it was between them and the Lawyers under a non disclosure agreement and sealed among themselves to further empower the pursuit & careful arrangements with the Authorities through the Lawyers Office.

For even if I knew WHO the final Claimants are, not only is it none of my business any further, I would NOT reveal to anyone as it is NONE of anyone's business after that.

If any of the Claimants who wish to reveal themselves, they were informed by me to do so at their own choice, again, it is not left to me but THEM to decide on that decision as an individual.

You would yrself, if you were in their shoes, more than likely prefer to keep it that way.... after all one has gone through... lets put it this way... they spent more than $5000 each on all costs out of their own pockets to strike the deal with the Lawyers to be where they got to... It was better than anyone can hope for less or short of it being a Class Action case discretely executed.

They OWE no one any disclosures nor reasons to explain their successful position accomplished... and I can understand their stance on this. Nonetheless, should one or more or ALL of them decide to return and post their thoughts to share (which I also invited / suggested them doing so) on this ROLClub Forum... it would be nice but the decision is solely & wholly theirs, maybe not immediately but later after several weeks or months perhaps.... they got alot of debts to catch on and settle outstanding arrears I'm sure than to feel obliged to immediately disclose their experience on the Net.

YB.

Im glad some people got their money back. If there is anyway to get mine and my dads money back in the future, I hope I am notified somehow. I invested $4200 and my dad $2000.

Edit: I hope you do someday too with your dad. As from now, ROLClub will not be seeking or getting involved in helping out secure firm arrangements among future Claimants as there IS NO CASE to lean on at this moment.

Until anyone can pinpoint and prove that BM is in custody for the obvious related Fraud charges in whichever country, we would then consider assistance to repeat the success needed as proven with how we went about it on the Malaysian Refund . - YB.

Hii.. All

Suprise when receive email from admin about PIS refund.
I have check in Malaysia Central Bank website, below is the status for the refund.
Please check this link..http://www.bnm.gov.my/microsites/fra...301_status.htm
for the next status..

I will update more once received more information for Malaysia Central Bank..

PIPS (New Mark Business Centre Sdn Bhd / Picpay Dot Com Sdn Bhd)

1 December 2010
The 3rd party claims on all the seized assets under AMLATFA 2001 still on going
The hearing date for third party claims will be set once this process completed.
7 April 2010
Criminal Sessions Court No. 4 in Seremban, Negeri Sembilan has set another date to hear any third party claims on all the seized assets under the AMLATFA 2001.
The hearing date for third party claims is set on 21, 24 & 31 May 2010.
24 February 2010
Criminal Sessions Court No. 4 in Seremban, Negeri Sembilan has set another date to hear any third party claims on all the seized assets under the AMLATFA 2001.
The hearing date for third party claims is set on 7 April 2010.
18 November 2009 Criminal Sessions Court No. 2 in Seremban, Negeri Sembilan has agreed to hear any third party claims on all the seized assets, before being forfeited, in line with the provision under subsection 61(2) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
The hearing date for third party claims is set on 24 February 2010 at 9.00 am at Seremban Sessions Court No. 2.

Edit: thanx for looking it up & sharing yr finds for the forum to follow on whats made available. - YB.

Hi Pipsters! Am I correct to be be confident that the legal eagles have all the computerized account information at their disposal and if there are any refunds to be made we will be contacted and asked to supply documentation in order to get remuneration? I invested with another company which turned out to be headed by a fraudster...I was contacted, as was my group of investors. We supplied documentation, received remuneration and the fraudster went to jail. Could we be so lucky here? I'll stay positive and tuned for any news.

Edit: That is how it should be dealt with however, different regions & countries has their own sovereign systems in bringing those accountable to justice. Some are swifter with the judgement & sentencing but obviously slow when dealing with the returns of available funds. As for Malaysia, which has closed the case, its OVER and DONE with for whatever is left to deal with concerning the Marsdens. He can't be charged twice for the same offense unless he is so DUMB as to return to please all of you claimants-to-be and be charged yet again under a new set of findings.

It was our hope then, when we launched the coverage of the trial, that MOST of you seriously could see the depth and length it will take to follow through and be supportive to begin with and become seriously interactive as well but too many are then swayed by some bashful ranters with their obvious banting to discourse our attempts to bring the coverage to where it eventually (fortunately I can add on this) proved worthy of pursuing unrelenting and accomplishing for the very last core of Claimants. They had the metal to withstand with their patience and being determined NOT to be talked out of it by those with nothing but "hot airs" trolling the forum. Some are back again and you can distinguish their vocal manners and tone expressed by the message they posted recently.
I'm not removing their posts simply because, they again brought the damage to their name & credibility by doing so....

Just be aware of them & their double-standard posts in any future event, here or anywhere on anything discussed. - YB.

I also donated funds for Batty but just how much money did the govt in malaysia get,does anyone know,also did the marsdons really invest the money or was it spent on the coffee shops and retails clothing store and realestate in that derilect village?
I attended the meeting in Melbourne Australia too and was not impressed with what I saw.
Lets hope that we all get back at least a percentage of our money somehow sometime.

Originally Posted by graeme

Lets hope that we all get back at least a percentage of our money somehow sometime.

That hope may still be and is, a plausible avenue to cross your fingers on and that will only take place should ALL of you out there coordinate and be vigilant and start browsing all over the web on Forums and HYIP programs online to spot the tell-tale signs on how much you can & would recognize Bryan Marsdens online symptoms and traits with his once past methods of wooing new naive candidates to his Ponzi-like scam schemes... for nowadays, it may come in the form of an Android or iOS APPs version... so just be on your guard either with & through your PC, Mac, smartphones and iPads or Tablets.

Once he is tracked down and also, hopefully too, be apprehended in a country where your claims to have the charges "STICK" to his custody be accepted by the location where the Law of that country will positively consider your submitted claims. - YB.

I think the following information I can divulge so that many of you, who are now seriously looking for the next opportunity, take into account on just how to be taken serious and abide by what is needed to consider when expecting to have your Claim submitted and agreed upon by fellow would-be Claimants before it finally gets to be compiled with the approved Lawyers which then gets submitted to the Court for recognition and approval.

That's just the fundamental picture to start with.

It goes like this, from our ROLClub experience that began the coverage on the custody & eventual trial.

This is for all of you to note and be prepared to face the long drawn haul which may or may not take as long as the Malaysian apprehension, unknown length of custody without a trial to a trial & sentence which then followed a timely legal approach by Counsel for the candidates applying for recognition of their submitted Claims.

Bear also in mind, rid those cunning trollers that pop up between your efforts to consolidate a team of Claimants while busy at it. If that had not occurred like we had to put up with, my hopes then that thousands more would have been on the Claimant List but thanks to such mongrels, it ruined the prospects of those seriously deserving ex-Pipsters who SHOULD have been aboard too.

What we had to do is first get the understanding across, that a Class Action case to be undertaken is an expensive one to bear. Oh yes... with all the millions waiting for claiming outright... oh yeahhhh, you can afford that for sure but you don't go about the ride before having the horse set in place if you only wish to be contented with just a cart and no wheels attached.

Also, a gradual build up is a way to measure just how close or good are the odds or chances to a win-win case for your individual claims. You start small & modest, just about enough to cover the costs on the regular appearance of the court in session.

It can be a costly affair and still being nowhere near in sight of any positive outcome. Can you afford the ongoing costs to keep up with the presence, of one chap (one person is more than adequate to have a low profile presence and not attract obvious public attention esp. the Press etc) attending and mainly be the main representative turning up at most if not, ALL court sessions and/or hearings without attracting much attention? It can be a stressful undertaking for the individual and who have you in mind to accept this task that others may reject as they too have someone in mind and NOT trust your honest helpful person in question?

Don't start expanding lavish overhead costs just to think, yeah... we can afford it when this is all over as we are talking about millions so that's NOT an issue.... Yup, we were there too but we didn't fall for that crappy thought like some have tried among you.

Hence, the more who seriously wish and want to be throughout it all to see to the final end...., the better for this is where it becomes affordable to pursue with whatever costs that is unforeseen, to be easily confronted with as a light cause for concern. The more the merrier with members being involved, for you have to remember, inflation, costs to travel and hospitality plus managing either through a bank account or preferably by PayPal (recommended), all these considerations will have a wedge to the amount collected and it ought to be more than adequate to overcome any future unforeseen costs. If it drags for umpteen months and years, just a small token like even 10 bucks a time won't seriously sustain the endurance of the coverage let alone the fee for a Class Action case, if you do ever get that far for a start.

So, do you still think you have the stomach & appetite to pursue for what it takes? From our last experience, if you cannot afford a regular donation, and remember this esp., it is & remains a DONATION, to support the initial stages... just don't listen anymore to those trollers or be disillusioned by all that CRAPPY talk on Class Action to be set up!!!

Next comes to being WHO will you next trust among you fellow Claimants who also wants to be involved in managing the entire or perhaps, nearly the entire process on behalf of hundreds or thousands of would-be claimants with funds pouring into an account? Surely, NOT them BIG mouths we still have here on this forum and elsewhere promising you the sky and all that is feasible that they would do or see implemented and you supporting their motion? Well, if you lend your ears to them... then you have not woken up as yet from being a scam Ponzi victim and far from ready or be considered to be taken seriously either.

Once that is sorted out, coordination with a common & collective strategy has to be drafted up among all claimants to discuss & trash out difference of opinions, strategies, agreements on a common objective and thereafter, facilitate more expected costs to warrant a guarantee by expected funds made available by ALL participants involved so that a willing Firm of Lawyer(s) can agree to take your assignment dead serious. But that too, comes with a price tag and conditions laid down by them that all of you have to adhere as well and that again, can be costly too.

Its cheaper of course when things like documents and proof are accepted through Pdf attachments and sent by email but the reality is always, paper proof and delivered signed, sealed and occasionally Notarized as well upon delivery to the legal side handling it.

Remember too that international or national courier costs charge horrendously as well and that Banks for their part might do so too in looking / digging up their archives for you and some are also reluctant to cooperate or be understanding to your emergency requests when a deadline is imminent and it falls on a period where holidays and Bank holidays just have to be in your way to make it frustratingly unbearable and they all come with a separate price tag.

And what about the selected/approve person given the task to manage and administer all your communication exchanges leading to a rightful claim, and he/she is located just short of a hop, like a plane trip distance to put it squarely, from the location of the Lawyers Office and then again, from where the Court is viewing the submitted claims or again, from where the person in question has to appear at every court session? Travelling & lodging expenses can take up somewhat from the collected funds donated by all. Its not going to be like a ride in a Yellow cab across the Brooklyn Bridge and swing about or avoid the Bronx to have a short cut of a taxi trip.

All these considerations needs to be adequately covered by donation streaming in unabated and certainly, not at sums trailing around the value of several miserable bucks per time or ONCE only like some had in mind when we went through that stage.

C'mon.... be serious! Can you expect a donation amount like the price for a gallon of cow's milk, seriously be all that is needed to compensate such a task in setting up a court case for a claim let alone a Class Action Case?

We didn't have room or time to quibble or be dragged into a folly of explanations as to how to understand these areas in perspective back then. If you fail to understand or be bright enough to seriously see the approach as expected of you.... then YOU seriously have a problem... not with anyone but YOURSELF and thanks also to those trollers and troublemakers in making you believe you are A-ok with your incomprehension with how such matters works in everyday normal, sensible undertakings.

With that all taken out and overcome, then you will also need to be unanimous with the lawyer firm or firms that are compiled together for consideration and approach. Visit them and spend some time being convince that they are not only caring and wanting your case but not being too greedy with a deal from a huge cut of your eventual refund. This can and is always the tricky threshold where time and extra unforeseen costs can play somewhat and this is where some may give up hope eventually. Its all about money again... yes, wayyy before you even see yours refunded back.

When or should YOU give up on this, well, it would pose a big disappointment on the rest for sure for every individual that steps out along the way, UP goes the notch with the costs and negotiation strength with the kind of collateral fees you can also expect from the lawyers who are not imbeciles to think this is a cause they can feel compassionate for your current loss and being scammed by that CHEAT, BM.

We had fall-outs indeed, what a pity that was for them. It was already beginning to feel like family among all the participating Claimants despite most of them not ever seeing or knowing the other who is living mountains & oceans away from each other.

Also, it is a fact too, the more that fall out, the better and larger the Refund POT may get to be to disburse among the remaining Claimants, or so some would think that way... one never knows.

Thus, whoever thought, awww, let them first chalk out the initial costs and when the final stages are very close, after many months or years have gone by, Heyyy, I'll stake my right of claim too with the current funding stand asked. Well, we were there too on such cases and do you honestly think the entire Clamaints Group welcomes such a late entry and thinking he/she will have a piece of the cake for so little funding involvement?

Think about that too. What action does one take to accept or reject such smart and cunning latecomers??? Perhaps they need to first cough up all those months that the rest had contributed to all the expenses, how would you work out the amount for that individual?

There are also fees to be handed over to be sure that your claim with the Lawyers representing your collective case is first received before all other talks and arrangements can be initiated.

Now, do you all see the wide picture of what can be involved and the kind of money you can expect to be minced and this is NOT Malaysia anymore where it was reasonably affordable for the standards there.

Do you still have the appetite and funds if a claim is processed in the USA or in the UK or even in Australia? Think seriously about it and perhaps this is why, some backed out then based on these unforeseen costs that would envelope your belly with an already depleted account you might or may no more have with your trusted bank.

YB.

I was not able to donate or make a flight to malaysia. Why? Simply because I have no money. I am living check to check and having to pay bills late until I get paid again. How can a person receive a refund when they have no money? I imagine lot people are like me in this situation. I would say most normal people don't have those kind of funds to book a flight and take a trip across the world. I invested over $6,000 years ago and it makes me sick that the Marsdens scammed me along with tons others. I want my investment back. I hope that I am able to make a claim as well. The people who made claims did they have to go to Malaysia to do this?

Edit: I'm sorry for you too and yes, I have come to know so many among all of you experiencing this dilemma you currently face, then and still do to this day. Of course, its hard earned money and this all seems unfair that you were conned into believing it was an investment when it was, from the very beginning, a planned SCAM all along and I too fell for it!!! Damn stupidity of me of course, had too much money to just throw away that way.

No, we made good arrangements and saw to it that the Claimants eventually agreed to compromise (so no flights out were needed) and that wasn't easy but perhaps it was lent on the fact that Malaysia was different but it may not necessarily be the same for other countries, being required to physically appear as if you were invited to stand on trial. - YB.