Thread: The Marsdens (PIPs) Trial!

Thanks for the update.

Hi Period8,

I am not seeking glory, I am just clarifying things. If I had missed the article, thank god you were there to cover my "bat ass". So thanks a lot. It is most welcome to find somebody who wants to give us the update. There seem to be a dispute here on who posted first.

I monitor the net for news, although no one pays me. I got it before it came to be printed. I did a search of Google news and only 2 news agency had the news and it was only 1hour old. I updated the net with excerpts but did not post the whole news article. I then emailed the article and links to Admin. He took off my excerpts for a shortwhile while he was sorting out the issues. I believe it is then which you updated the forum because at the time that I put my post in, your post wasn't there yet.

So again, my thanks and look forward to hearing more from you.

theBat$

Originally Posted by babika

I have bee sending e-money to the releif fund regularly. Can someone say "thank you" sometime?
Babika

Review: subject to corroborate your claim, we hope you had supported with donation(s) as you claimed, I will check after this - YB.

After checking all the donations in the 4 Groups, please if you will, advise us WHY you are not in the list...PM me or better still, paste a screen-shot of the transaction ID that you claimed to be not once (but several?) and no thanks given or were mentioned for your supportive generosity?

I am sorry if this becomes an embarrassment but you caused it upon yourself...we have several "wannabes" trying to blend in with the true supporters... it is already time consuming to help track and give where credit goes...but it becomes disgusting when one post and hopefully tries to gain some charitable acclamation when it was deliberately and callously addressed for embarking on such a personal ego trip...

Here is the thread link for your convenience and I will gladly add you to the List where appropriate if you can for your part after this, show some proof of your claims!!


http://www.rolclub.com/pips-program-...ing-b-c-d.html

I hope that babika is not referring to the "Pips Defense Fund"!
Many people called it a "relief fund".

Wouldn't that be a kicker!

Please keep the thoughts and postings come through like any other day.... and although I won't be accessing the Net as frequently as I may due to location, opportunity and not lugging my notebook with me wherever I go to, I will still look into the Forum, the accounts and the donations that succeed in getting through PayPal.

This coming holiday trip, being just two weeks past our scheduled 26th wedding anniversary, will be more of a relax nature and one spent at the greens teeing off by our newly purchased Cottage pooled Villa (under construction) which is part of a exclusive project located at the fringe of the golf course called Black Mountain - Hua Hin in Thailand. It is also hosting the 2008 PGA Asian Tournament next March.

If any of you had or is planning to donate and once having done so, please post in this thread letting us know you did and if you can, include your RC user name in the memo window so I will know it is YOU after all, this I will check and confirm, like I have done with all the others, reply back by email too, to thank them for their cooperation and support shown through their donation(s) we warmly appreciate and cannot thank enough for being with us all on this fact-finding mission our Anchor man/Moderator, theBat$ has voluntarily sacrificed his time and resources to act on our behalf.

My PM box will remain accessible to any who has any questions that I can help answer or will try my best to answer your questions/doubts relating to the trial. Have fun, Come September is almost over but October is going to be another awesome experience.... I'll be back by the end of week 43.


YB.

To: Admin: Thanks for info about pages 13 & 14. I am not good with computers either. Also, did you say that "hotmail accounts" would have trouble getting info? I have a comcast account that I rarely use. Can you send info to it too in case my hotmail doesn't take it? [email protected] Thanks,

Here is their pictures, I think it was taken on the time of arrest.



Also the news from NST

KUALA LUMPUR: Bank Negara scored a first when it charged two directors with operating an Internet investment scam which saw them allegedly raking in more than RM200 million in just over a year.

The directors of the Internet-based companies - PicPay Dot Com and New Mark Business Centre - became the first to be charged with collecting deposits without a licence in a get-rich-quick scheme.

The two - Briton Bryan John Marsden, 59, and his Malaysian wife Phan Sew Ken, 55 - are accused of duping thousands of investors in the scam.

Most of their victims are said to be from the United States, Australia and Britain while local investors are said to be fewer than 20.

The locals are believed to have invested RM650,000.

Marsden was charged with four counts of taking deposits without a licence while his wife was charged with two similar counts. All charges are under the Banking and Financial Institutions Act 1989.

Marsden, a former project manager of the Kuala Lumpur International Airport and Kuala Lumpur City Centre project, claimed trial to collecting deposits while he was a director of PicPay Dot Com and New Mark Business Centre.

Both companies were also charged with the same offence and Marsden represented them both.

Phan, a former teacher, also claimed trial to collecting deposits while being a director of both the companies.

The alleged offences occurred at PT 7323 Second floor, Jalan BBN1/2E, Bandar Baru Nilai, Seremban, between April 10, 2004, and July 4, 2005.

The couple face a maximum fine of RM10 million or 10 years’ jail, or both, for each charge if convicted.

The couple was produced at the Sessions Court here and in Seremban in August last year, where Marsden claimed trial to 51 counts of money laundering, while Phan claimed trial to 46 counts.

Marsden and Phan are being remanded at the Seremban and Kajang prisons respectively, after they failed to post bail of RM900,000 each last year.

Bank Negara deputy public prosecutor Fahmi Abdul Moin applied for bail at RM500,000 each with one surety for all six charges.

He also applied that the couple surrender their passports.

Their counsel, J. Kuldeep Kumar, told the court that their assets worth RM8 million had been frozen by Bank Negara as a result of the money-laundering cases. “I would like to apply that the frozen assets be used as bail.”

Fahmi said frozen assets could not be used as a condition to post bail.

Judge Rozana Ali Yusoff fixed bail at RM400,000 with one surety for Marsden, and RM300,000 with one surety for Phan.

She also ordered that both of them surrender their passports, and fixed three days beginning May 6 for hearing.

How they look now:-

BM face made to look now, done with my limited software by me.

Marsden hair is now croped short. He is thinner than in the photo and looks older and wrinkly especially around the mouth and jaws. His cheeks are abit sunken. Sharon lost a bit of weight and has salt and peppered hair tied into a ponytail.


Cheers.

theBat$

Thank you, thebat$, for your updates. They are much appreciated.

Many thanks batty,updates much appreciated.

PureInvestor.com Inc. and its Related Companies
Bryan John Marsden and Phan Sew Ken, directors of PureInvestor.Com Inc. and its related companies were charged separately at a Malaysian Sessions Court on 30 August 2006 for engaging in money laundering by receiving money which are proceeds from unlawful activities, an offence under section 4(1) of Anti-Money Laundering Act 2001 read together with section 87(1) of the same Act.

The court has fixed 22 May 2007 for mention. The next hearing date was also fixed on 10 to 11 September 2007 and 26 to 30 November 2007.

source: Bank of Negara

@++ Neutron