Thread: PIPSINC HEARING NEWS - 22/May/07

Thanks Bats
At this rate Bryan and Sharon will do all their time before the trial is even started. Is it normal to have such high bail on white collar crimes there...and what about bail bonds are those available?
Just wondering.

Hi All,

I don't usually post to the forum but felt I should say this much.

I met BM and his wife in Hawaii and they seemed like nice down to earth people. I don't know if they are innocent or guilty but I tend to think that they are innocent. I think if they were guilty they either would not have been caught or at least have been caught running rather than at the helm trying to hold down the forth and make things right.

I am not saying they have no blame to share for what has transpired with PIPS but without knowing the facts I think it is obvious that all the blame can not be theirs alone. Also many people benefitted from PIPS. Some so much so that they are still riding the gravy train due to it but Brian and his wife are sitting in jail all this time and pennyless and just a sliver of hope to one day getting out. Shame on those without compassion.

Ultimately when we invest, the brunt of our decision must lie with ourselves. Sometimes we win and are happy and sometimes we lose and are sad. Finding even the smallest solice in critcizing the people at the helm of the investment that went wrong unless we have unrefuted proof of their guilt is both reckless and weak.

I personally have moved on as I feel I must but I have ill feelings towards the Mardsens and never will regardless of how the facts finally come out if they ever really do. Until then let's give them at least the benefit of the doubt. I hope and pray that they will be released soon. They have suffered enough.

Blessings

Thereby lies the problem Boatman.You never got paid a cent.pvonw was in at the very begining and made a killing.

If it turns out that pips was nothing more than a ponzi ,attitudes may change dramatically between those who profited and those who lost.

Whatever way it turns out finacially, it's to late to turn back the clock.

Hmm, making good income as profits to furnish the home for two years after...

....and when it stopped at everyone's tracks, his was now standing facing a 2,7 million IOU promise?!!...only the Marsdens can compromise with him on that

Like so many more, that were also claiming substantial withdrawals and doing the hula hula before Hawaii wrapped it all up for the last happy "buddy-Bud" handouts... I couldn't help see and blow away those millions of bubbly bucks bursting as it gains altitude, another confided, seeing his with sorrowful anger at his damn timing with after some patient wait of 15 months, it would fetch a cool 18 million in the first year after that 15 months began to multiply with being reinvested.

I was looking at mine with a little more reservation as it could not compare to his with only a monthly payout or WDwal if you will, of just about $850,000 every month and climbing for mine after 18 months of patience...all these as one may recall, is according to the default simulation and a little closer to accurate with the Trivek simulation...remember those "simulated" days...???

Anyway...those were the bubbly days that seem to have passed away at a tremendous speed I should add...

However, lucky for those individual and happy-lucky hulas doing their dancing of dreams now recapping their castles to be built...if only it could sustain... yes..SUSTAIN is that magic illusion given the circumstances and given history to facts soon to envelope into a fact finding and disclosing of ugly truth for everyone inflicted with a heavy loss at being scammed to the core of hard saved savings many had set aside for a better faith and/or future into someone's utopia vision of wealth sharing....

Sure reminds me of the days before Gorbatsjov decided to turn the tables and Yeltsin took to the podium and showed his dancing boogie woogie ...*burp*, with the help of some vodka naturally... this comparison I make is set at the backdrop of when I was there for my share of "exchange" stint allowed between Govts and the dream of sharing wealth and humble living standards...Communism is gospel if heard from the lips that runs & rules the country and most are dependent on that promised, sustained survival the State offers like a vision...

Good, if one had managed to withdraw and lived off it...toast to you and thats what timing sometimes is the true adversary as friend in such cases...Bryan made those selected and happy few do their hula-hula in better times back then...many also felt obligated to sway to his tune as we had witnessed and experience them in their forum sheering and most have now dissipated into silent chorus into the far background less an individual monotone or octave still echoing to this day... what can we say?

They have their right too to free speech and mindset on the past...so, lets be tolerant too on them for what was experienced and laid down on everyone affected with the disruption and arrest of the Marsdens.

YB. - cheers to all but I'd skip the Bud, its too light...

Originally Posted by pvonw

Botman,
I hate it when people start throwing out generalisations - as you are doing.
Do not speak for me, bud.
For your information, I invested $38,000 in PIPS in Feb-June 2004. Not only did I get all my money back, I made a huge profit, too.
Snip...
The downside? When PIPS closed down in mid-2005, I had a loan account of $2.7 million. I would love to get that money out, but it wasn't money I lost. I just didn't get it.
Paul.

Paul... those like me who joined later were effectively paying for your high initial returns.
When I tried to get something out, either as cash or goods, it was too late..... the death knell was already sounding and the funds had been spirited away. Mind you, I only entrusted BM with $500 and hoped to recover my stake fairly quickly.
It may have survived if the interest rate had been more realistic, say 5% per month which is still relatively high when compounded.
You really were one of the lucky ones Paul. As with most grandiose internet money-making schemes, the early birds got the worms (or could have), and late comers lost everything.
There have been few exceptions unless the products were tangible rather than than just paper figures that could never be maintained in the long term.

Hylton Thompson

It's the basic problem with all pyramid schemes. Larceny by proxy, so to speak.
How about all those who lost the money that some have apparently gained?

Timing is everything.

Originally Posted by Owen Platt

Ah, Paddyfield, I've met plenty like you too, and funny enough, they've all lost money to scam artists.

Originally Posted by kinata

Hi All,

I don't usually post to the forum but felt I should say this much.

I met BM and his wife in Hawaii and they seemed like nice down to earth people. I don't know if they are innocent or guilty but I tend to think that they are innocent. I think if they were guilty they either would not have been caught or at least have been caught running rather than at the helm trying to hold down the forth and make things right.

I am not saying they have no blame to share for what has transpired with PIPS but without knowing the facts I think it is obvious that all the blame can not be theirs alone. Also many people benefitted from PIPS. Some so much so that they are still riding the gravy train due to it but Brian and his wife are sitting in jail all this time and pennyless and just a sliver of hope to one day getting out. Shame on those without compassion.

Ultimately when we invest, the brunt of our decision must lie with ourselves. Sometimes we win and are happy and sometimes we lose and are sad. Finding even the smallest solice in critcizing the people at the helm of the investment that went wrong unless we have unrefuted proof of their guilt is both reckless and weak.

I personally have moved on as I feel I must but I have ill feelings towards the Mardsens and never will regardless of how the facts finally come out if they ever really do. Until then let's give them at least the benefit of the doubt. I hope and pray that they will be released soon. They have suffered enough.

Blessings

Excellent post. This is proof that we still have people with wise and intelligent thinking.
Most people never understood and probobly never will Pips business structure, that is why is so much of speculations.

Thank you Kinata

In reply to all of the above;

First let me say that I am an Paralegal in the US and noticed that BM will have to first be formally charged with the crime he allegedly committed. I do not believe that has happened as yet. If he is not formally charged then he will be free to go very soon. I do not believe that there is proper evidence against Brian or his wife. I do believe that any evidence that may appear to be against Brian was planted there and is inadmissable in any English or American court of law. Now Bat when you go to the court please
observe and notice the actual events. I am not interested in how Brian looks or his wife. They are in a jail how are they supposed to look like. I am only interested in the actual facts of the records of the court itself. You may not be able to obtain a copy of the records as normally in a criminal case
the records are not available to the public.
After this is over, the records will be available to the public.

I will state for the record of this forum that Brian is an honorable man and did not launder money at all. Any evidence that has been supposedly used was planted and cannot be used against him.

Yes, he has a very good lawyer representing him. And lastly I expect to see
Brian very soon.

Please do not reply with emotion as it only wastes your time and energy.

bellventures