Thread: Pips investors Investigated

That's absolutely correct, Mike. That's why we all need to remain quiet and give the Marsdens time to do what they need to do.

This is exactly what happened to me and my wife. The individual knew that pips was not paying and coerce us into giving him a large amount of money to invest into pips saying all ugh long that we would get our money back easy in six months. The reason he did this was so he would get back his losses and then some. I personally know people were sending him large sums of money from all over the country. GATOR

Originally Posted by gator

This is exactly what happened to me and my wife. The individual knew that pips was not paying and coerce us into giving him a large amount of money to invest into pips saying all ugh long that we would get our money back easy in six months. The reason he did this was so he would get back his losses and then some. I personally know people were sending him large sums of money from all over the country. GATOR

GREED!!! is the root cause...these people wouldn't mind hurting other people as long as they can get what they want.

Originally Posted by pieapple

GREED!!! is the root cause...these people wouldn't mind hurting other people as long as they can get what they want.

These are Definitely NOT the kind of people that belong in PIPS !

Just my own two cents, if you represented pips in an honest staight forward manner and told people the truth about where there money was going you have nothing to worry about. We all new about the withdrawal problems,but as far as we knew things were going to be straightened out, it just never happened. People investing should know theres always a risk and that nothing is a sure thing.

If you were missrepresenting pips then that is something else. Most of the reports I've seen are so full of misinformation its just senseless to even read them. What really ticks me off is how these people can get away of making such claims against pips when they have not a clue what pips is all about.

I truly hope this all turns out for the better so we can go after these people that have it coming. I for one would be more than happy to contribute.

kilowatt

Originally Posted by Style

Mike;
What unregistered securities? As far as I can remember we "loan" PIPS money and they pay us back interest on the loan. What "unregistered securities" were promoted?

Greetings,

In the US, loans are now classified as securities, and besides that, we all new it was originally an investment, so changing the lingo to loans will not make any difference to SEC, just read their web site to learn more on how the injustice system works here in US. Remember, these people charged are in US, so anyone who collects money for a loan, investment, whatever you call it, will be charged as violating SEC rules and regulations. With regards to DBR situation, the reason they got hammered was because they were licenced insurance broker or agent, and they too got hammered by another division of the injustice system in US which is just as powerful at seizing assets first, asking questions second.

Good luck to all, Mike

Originally Posted by kilowatt

Just my own two cents, if you represented pips in an honest staight forward manner and told people the truth about where there money was going you have nothing to worry about. We all new about the withdrawal problems,but as far as we knew things were going to be straightened out, it just never happened. People investing should know theres always a risk and that nothing is a sure thing.

If you were missrepresenting pips then that is something else. Most of the reports I've seen are so full of misinformation its just senseless to even read them. What really ticks me off is how these people can get away of making such claims against pips when they have not a clue what pips is all about.

I truly hope this all turns out for the better so we can go after these people that have it coming. I for one would be more than happy to contribute.

kilowatt

kilowatt, Now that's a BRIGHT idea. 3 south of Sliver Minnow