Thread: A Humble Request (Merged)

Thanks fore the info Bryan !!

So eCommerce Services UK and Ectrust have taking the money fore themself and not paying Pips..

But the customers howe have paid for the loan to Pips with CC, the have get an account with interest paid.

I think eCommerce Services UK and Ectrust are owed Pips a lot off money this days,fore the loan money how never get into Pips..

Well Well you never ending getting supriced.

Tiiger

well it is good to hear from you again Bryan looks like things are going in the right direction now welll take care & looking forward to meeting up with you someday

Originally Posted by BM

There are other factors in this as well, the fact being that Millions of dollars in cc transactions went through and to date neither eCommerce Services UK nor Ectrust has paid one cent of those funds to pips.

Bryan

Hmmm.... very interesting Bryan... Thanks for some of this info!

I think EC Trust would have something to say about such an accusation. They are a highly respected management company. I believe all the chargebacks that emanated from Citibank were cleared during the early part of 2005.

Originally Posted by way2go

What I remember about Cambodian bank, is that after months of empty promises of speeding of the withrawal, Byan posted in the forum that the Cambodgian bank platform is ready and it requires one last signature of his in order for the payments to start. The payments didn’t happened, and then Bryan posted a personal Guarantee regarding the payments - he said that he doesn’t use easily the word “Guarantee”, but he guarantees this time that the payments will go out next Monday. Can you imagine the relief and excitements of the members. On Monday about 10 payments went out, and the bad new followed – the bank is not able to handle the withdrawals – and that was the end of that story.

Originally Posted by Offshore-Wealth.com

Interesting,

Cambodia bank never was, so I think this was related to Curacao bank if I recall, as there were about ten verified wires, and poof, gone with the wind.

Good luck to all, Mike

I believe it was actually a bank in the Philippines. They sent out a few wires and reportedly admitted they couldn't handle the volume.

nbjth - correct. It was PCI bank, a major world bank with over 7,000 employees.
To suggest that they were unable to handle the volume is farcical.

The last I recall hearing (maybe someone can verify for me) was that Pips had a building right next to the Palace and were fitting it out and staff were being trained.

Not sure where or when I heard it or who said it. It was definately on the OLD forum though. I think it was around about March 2005.

Joy

Highly repected thieves are still thieves.

Originally Posted by boink

Highly repected thieves are still thieves.

Very, very true.

One thing that nobody has mentioned yet is that during the WD delays, Malaysian investors were still being paid and very quickly too. I have relatives there who received several WD's during the 1st quater of 2005. Indeed I received one in March or April via them (transferred my PicPay to their Picpay acc, then they did a WD to their local bank and sent it to me via Wire). This is the only WD I ever receieved from Pips, btw. (and about a third of the amount that I put in).

It was at around point that Picpay-to-picpay transfers were banned, as some Malaysian members where offering this as a "service" which of course they charged handsomely for. It annoyed me greatly at the time, as it was my only outlet for my funds! It also meant I couldn't receive a refund from a Merchant to the tune of $250 that was sent for something (extra shipping I think) that was done outside of the actual purchase transaction.

Now the interesting question is why were Malaysian investors getting funds quicker? They way I see it there are two possible answers
1 - It was much easier to do transfers to local accounts (logical)
2 - It was to stop them complaining to the local authorities (cynical).

Take your pick... there may even be truth in both answers.