Originally Posted by Thelema
Lay & Skilling have a trifle more significance with regards to comparison to Byran when it comes to an S.E.C. type of an investigation Malaysian style with the amount of money and accusations involved in the pipsinc situation. But we shall see how Byran fairs in all this as BNM continues to walk through pipsinc's muddy water; it would surprise me, though, if Bryan were to come out of it to such an extent that he'd be allowed to run pipsinc should it be cleared. And, as of now, we have no proof that Gary or any of the other players that Bryan was responsible for bringing into the business will be found to be at any fault or not so, again, we'll see. But, on the point about things with pipsinc and Bryan working relatively well, well, that is simply not one of those "facts" that we would like to cherish, relatively speaking of course. It only seemed to work and that only for a span of about 7 months, as far as full-swing withdrawal operations were concerned--the earnings right now are a conjecture, followed with about nine months of failure to work until BNM stepped in to put a stop to the whole works. Against the background of Bryan and pipsinc, we can see, as fact, and wonder as to the success of the company called Solidinvestment which has faired so well with a model, theoretically, similar to that understood of pipsinc to have worked. I came across Bryan and pureinvestor way back in 2002ev and I, along with a few British friends of mine, even way back then, tried on numerous occasions to bring Bryan to task with respect to how he was running the business in relation to international corporate law. As one of those so-called pioneers, I have had a different, time-worn perspective on Bryan for a long time; and there was a number of us who tried to warn Bryan along the way of impending problems, such as in putting private citizens of countries into the precarious arrangement of having very large sums of money dumped into domestic accounts from offshore. We advocated formations of corporations to allow individuals to take advantage of international corporate law, but Bryan would always seem to be operating along some kind of illusion that Malaysian law and government would continue to be friendly to him and his way of doing things and the other countries didn't matter. That didn't turn out to be the case even though many of us wished it were, in fact, the case. Now Bryan is more or less alone as central target for responsibility for possibly violating muslim financial law in the conduct of his businesses which is just the trap a number of his friends were trying to keep him from walking into. I wish him the best but I don't forget what I know of how he helped himself into this trouble. Still, I surely would like to see him, and especially pipsinc, come out of the situation on a positive note. Meanwhile, the blaming of anything on trolls or other false entities or unproven culprits give nothing but room for passing around more blame and excuse for emotional polarization and aggression, which is not needed or necessary.
Best regards,
thelema