Thread: PIPSINC Update 12th-April-2007 (thebat$ trip)

I will work on posting some snapshots as promissed earlier of the account over all that has taken part in the donation from when we had 300 to 700, and when we took out the money to send fund to thebat$.

Have a big exam on Thursday i am busy with at the moment. As soon as i am done, i will post full snaps, and account history of use of funds...

Regards
admin

Glad to get this information. I also would like to know how to donate to the cause when I have closed my accounts for e-gold, etc.

Batch 81039679 $4.00 paid to update fund on pips
From Dreamer.

EVERY LITTLE HELPS GUYS !

batch 81103305 $3.00 paid to Pips fund

Oops, I missed you chaps, Dreamer & Skyhigh respectively for the new list.

I will add yours prior to Bep.

Hang on in there... am working on other threads... but you will both be listed this day...


YB. -

Originally Posted by Dreamer

Nor to anyone else I might add. Innocent until proven guilty !

Having said that, look at the facts. BNM have conducted a fifteen month investigation into PIPS. In their opinion, there was a case to answer and passed their deliberations on to the prosecution team. Consequently, serious charges of money laundering have been brought against Bryan and Sharon Marsden, The trial is set for September 2007. Hardly encouraging news for the membership, who would have preferred to have heard there was no case to answer.

Let us not forget the problems prior to pips being shut down in August 2005 either.
Eight months of virtually no withdrawals, no merchant payments, 5 year plan cancelled, Debit cards not funded and the 3% programme not launched. The VAT systems platform never materialised either. Then there’s the outstanding Cease and desist orders and unpaid fines, that remain unresolved to this day.

Needless to say, everybody and their brother have a theory as to what went wrong. Theft by members of staff, intervention by the government, conspiracy, no investments, the list is endless. Whatever reason you believe, only the trial will determine the truth of the situation.

So yes, “innocent until proven guilty” still applies, but don’t get your hopes up for a return of pips. For me personally, the shining light back in July 2005 has gone out.

This is one of the most sensible factual posts that I have seen for a long time,and it should serve as a salutory lesson and reminder to all of the Marsden sycophants who seem to be re-surfacing again as to how we ended up where we are.

That is full of questions and speculation and not one answer.

Lets face it if anyone gets one dollar of their money back it will be a miracle.

If what I read in an earlier post is accurate then the Court hearing as to the money laundering charges,this case will not give those of us who invested in PIPS in good faith, the answers as to what actually happened to our money.

If you read the above post I think that it very succinctly expresses the facts and answers the questions for those of us who are seeking the truth and closure on this whole sorry mess.

I have in the last hours successfully accomplished the accessibility and ease for channelling and receiving, your Funds as Donations, to continue the funding of theBat$ trial Trip in Malaysia.

The link to that thread where the Funds from every Donor can also be followed closely. Please click on this link and you have the current EGold, the Bank and PayPal alternative. The PayPal account is Chargeback protected!

http://www.rolclub.com/pips-program-...funding-b.html

Originally Posted by BaaBaa

This is one of the most sensible factual posts that I have seen for a long time,and it should serve as a salutory lesson and reminder to all of the Marsden sycophants who seem to be re-surfacing again as to how we ended up where we are.

That is full of questions and speculation and not one answer.

Lets face it if anyone gets one dollar of their money back it will be a miracle.

If what I read in an earlier post is accurate then the Court hearing as to the money laundering charges,this case will not give those of us who invested in PIPS in good faith, the answers as to what actually happened to our money.

If you read the above post I think that it very succinctly expresses the facts and answers the questions for those of us who are seeking the truth and closure on this whole sorry mess.

Absolutely correct BaaBaa and thanks for the compliment.

At this stage, the charges are all focused on Money Laundering .However, these may or may not be the only charges,more may follow.We can only wait it out.

In any event,I agree with you.It is extremely unlikely that there will be any refunds.

Exactly right, Dreamer. It's important to remember that the Malaysian authorities have very little interest in those who sent their money to Mr. Marsden. Unless one of those who consider themselves to have been defrauded, file charges, I doubt that they will see much point in spending public money in pursuing the matter. The existing charges are probably sufficient to make the matter academic anyway.
This is unfortunate since it may mean that the full story of the Pips scam will never be made public.
Unless Mr. Marsden decides to spend his time writing his memoirs.

PicPay, That's Funny. I still have my card. Does anyone know where i can use it ?