Just had a Q for all the pipsters. When I got into PIPs it was on the 15th of Aug and I got my user name and all but never got to see my acc online but gave the real cash to the person that signed me up 5k usd just was wondering since he set me up with his virtual money and kept the real cash is he at all liable for returning my original investment? Thank for your response
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23-07-2006, 09:18 AM #1
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Is the person that took your money responsable?
Great Luck to All
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23-07-2006, 11:55 AM #2
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yes he is..that what a lot pipsters think...and thats what i think
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23-07-2006, 12:16 PM #3
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I think so, too. If delivery of the account had been completed, it would be a different story but, since you never actually got what you paid for...
Anybody who actually handles the money for another person is asking for trouble. I would not take the responsibility, myself, unless I were intending to guarantee the principal.Jean
The reasonable man adapts himself to the world. The unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. (George Bernard Shaw)
http://www.jean.theicbgroup.com/
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23-07-2006, 12:32 PM #4
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Thanks for the info what steps would you thake next?
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23-07-2006, 12:40 PM #5
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Originally Posted by Trapper t
I hope you get to where your situation leads to...in fact, I am amused and I truly hope you can get your money back sooner than many Pipsters that officially distant theirs by the CC or whatever transfer into PicPay was arranged.
Good luck to you Trapper!
Keep us posted of outcome.... Beers are awaiting when yours is settled soon...
YB.
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23-07-2006, 01:03 PM #6
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At this point the investigation is not over, so no one knows the outcome - the money may or may not be gone. You still have an account as does he, if the investigation is over, and PIPS returns in a new form, you can assess the situation then, and you can decide to just keep on or perhaps explore an option to sell your account to him if you no longer want to be involved with it.
If, on the other hand, the bank completes the investigation and it is absolutely definite that PIPS cannot return in any form, then that is the time (not before, not now) to discuss with him options regarding the money you deposited (your decision) into PIPS through him and come to whatever amicable resolution you can. You can be assured, he is more upset about exchanging your money into PIPS than he is about any possible personal monetary loss he may suffer. I know I am in that situation regarding a friend as well. (My only objective was to help some else get financially ahead, not to take their money. I will not share anything like this anymore with anyone because I do not want to be held responsible (1) if it goes wrong, and (2) if it does go very well, a lot of people will not know, nor want to find out, what to do with new found money - taxwise, etc.)
What we all need now is patience for the investigation to conclude before taking premature action of any sort, and a good measure of compassion for each other.
LadyM
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24-07-2006, 12:43 PM #7
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Thanks LadyM that is what I was going to do, we will all just wait for the outcome.
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24-07-2006, 02:28 PM #8
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Originally Posted by Trapper t
Kind regards,
LadyM
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24-07-2006, 03:31 PM #9
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YES YES YES>>>
There are a few people here in the Fort Worth, Texas area that have taken hundreds of thousands of dollars in cash for picpay (tax free, i might add)
These people are now unavaiable to answer ady phone calls.
They should have to pay every penny back or face criminal (money laundering) charges.
My 2 cents
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24-07-2006, 05:31 PM #10
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Originally Posted by ragstoriches
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