Thread: Rolclub New attempt to assist claim on your PIPS $$$.

Hi YB, thank you so much for the offer of help to try and recoup our money. Count me in definitely, I lost quite a lot to PIPS. As you said "Not in or from Malaysia, that is a closed chapter and the Malaysian Authorities made sure of that through their Legal system and Judicial Courts of that country." I am surprised that the Bank didn't get in touch with members about filing claims and I wonder what they intend to do with the rest of the money they seized, surely they wouldn't be keeping it, as that would be hypocritical since they put Bryan Marsden in prison for doing just that.

Despite many emails, calls, and postal letters to Bank Negara, I was only just recently contacted by them to inform me that the claims were still ongoing and to contact the Seremban Court direct. The Court advised me to find a Malaysian Lawyer to represent me. One I did contact, told me there is a 6 year limit in submitting a claim from when I discovered the fraud, so I am at present in limbo.

I just wondered if the 18 members who were refunded, were they all a part of your group or were some just acting independently?



Edit: That's remarkable what you attempted to do but why didn't you share this with us back then? You could easily have been included with the Group of 18 Claimants for what you went through until something stopped you in your tracks!!! The Bank has its own mandate to abide and apply and has no judiciary influence as an obligation to approach individual customers or clients that were exploited by a registered company in default with Banking laws of that country. Account holders have to make and undertake the initiative themselves and as far as the Court presiding the Fraud charges and case against BM, its another separate issue altogether. What you were informed by a Court Reprentative is standard statement for protocol to be heeded but since the process was already in fiull swing back then, you should have and MUST make tentative moves like engaging a Lawyer for instance but I am sure by then, the costs for an individual like in your situation, seems to fade away with any worthy chance to pursue further due to the impending costs anticipated.

From the listed Claimants to become the HDG and eventually the TPC which is Third Party Claimants, they were all in it together as a family, sticking to each other and hoping their best for the positive outcome from every passing month as we progressed... thanks too for the choice we made in approving the right candidate Law firm that took awhile too in selecting. A combine & collective effort that paved the way but at a much reduce fee & cost for each of the 18 Claimant after the individual $$$ breakdown for each. - YB.