Thread: Is Pips what it is accused of???

Edit: The original title is inappropriate and shall be replaced. MOD - Yb.

I just found the following post in WWSForum. Is this true or not?



Enforcement Milestones Enforcement Actions Press Releases Investor Alerts
Have You Seen
These People? Lodge a Complaint Links Main


--------------------------------------------------------------------------Websites Offering Deceptive Schemes
www.pureinvestor.com & www.gopips.com

These websites are promoting a wealth creation scheme known as PIPS, PIPS Inc, People in Profit System, Private Investment Profit System, Pureinvestor and PIPS Financial Services. The scheme requires a minimum payment of $450 from participants and promises a fixed interest of 2% per trading day (equivalent to more than 10,000% per year if compounded daily). This scheme replicates a deceptive Ponzi scheme and is currently under investigation by Bank Negara Malaysia.


www.gopips.com


www.pureinvestor.com
Information about PIPS by other authorities
Press release from Australian Securities & Investments Commission (ASIC)
Press release from State of Nebraska, Department of Banking & Finance
Department of Law, State of Alaska
Press release from Texas State Securities Board
Press release from State of Missouri
Investor Alert list of Financial Services Authority (FSA), United Kingdom
Investor Alert from Guardian Unlimited, United Kingdom

Old news

History - Forget it.

Nice phrasing "deceptive ponzi scheme" almost like a double negative. Ponzi's are bad - deceptive ponzi would make it good - right!!!!

Keep faith PIPS is good and will come through - negativity is sent to try us.

So if pips ponzi. what about other internet investment programs which can give from 1% up to +++% daily or just 12% daily but is much much higher than pips can give.

why still got people think pips as ponzi scheme until now.


Why not other new program which give more than pips offer.


need pioneer answer.


rgrds.

mmm

Old and boring. When BN give the all clear the world will believe P**s isn't a ponzi. Although dogman and co still won't believe it....

If Pips was a Ponzi, how come I lost $35,000 and am suicidal? Can't be so!

If Pips ponzi, how come they have Bistros, fashion outlets (own label) property dealing, venture capital etc?.

Pips NOT ponzi, (soon to be proved)

Originally Posted by rrhinehart

If Pips was a Ponzi, how come I lost $35,000 and am suicidal? Can't be so!

rrhinehart,

Stop, take a breath and think... There is more out there to live for!!!

Stay positive, PIP's will be back soon and we'll all look that this as a bump in the road.

I read somewhere else that one of the members was laughing becuase when GW went to PIP's the loaner made $50,000.00, which he deposted in his bank!

So, remember life is still good. There are other PIP's businesses out there making money. The KIDS BIBLE part 1, just aired on AUSSY TV.

So, keep your chin up (just DON'T put a razor under it) LOL!

Doug

i'm a paid member in both gins and pips. i've also been in the stock market for about 15 years. guess what? i've nothing (except from what my regular job brings in). i give up in what's Out There .....the main thing is to strengthen what's on the Inside. you know that of course....but try it. rather, live it.

I saw the Kids Bible on TV, but I didn't think that it was a PIPS company anymore. If it is, that would be wonderful! PIPS is right for a comeback, this would be a good start.