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  1. #1
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    Default Been away - What is the current status of PIPS?

    Hello all--

    I stopped paying attention to PIPS in Spring 2005 after the withdrawals had been backed up for a few months. Now over a year later I've decided to check back in, and it seems like there's no real info about what has been happening. Is there ANY hope at getting back at our money? Any relevant news that's not speculation?

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  3. #2
    Senior Investor Adster's Avatar
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    Quote Originally Posted by What
    Hello all--

    I stopped paying attention to PIPS in Spring 2005 after the withdrawals had been backed up for a few months. Now over a year later I've decided to check back in, and it seems like there's no real info about what has been happening. Is there ANY hope at getting back at our money? Any relevant news that's not speculation?
    Nothing at all has really happened. A year on we're no closer to knowing the truth. The big question was was it ever real money we were looking at on our screens?
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  4. #3
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    That Is The Big Question Only Bm Knowes

  5. #4
    jolasers
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    Default not again

    I smell something fishy with this thread. Seems the same old thread comes up in a rehashed form every few weeks.

  6. #5
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    This whole pips thing sux, i put my money in over a year ago and nothing not even a t-shirt. How can someone take all this money and make all those promises and not say a word about what is really going on. (NOT HAPPY)
    rollout the barrel

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    Barkvic, are you sure only BM knows? He is not allowed in the investigation. If he were, he would not be allowed to speak openly about it. You should know that even in police investigations, no one involved is allowed to speak a word. As a juror in the US, nobody is allowed to speak to anyone outside, or even make contact.

    A friend's firm once was investigated. The heads of the firm were the last to be informed of the progress of the investigation. Those who were aware, had to be closed lipped. (This is to assure that the facts are kept intact)

    The only ones to act upon the findings of the investigation is the governing body. In case of legal ramifications, a court will be handed the findings to rule for or against a suit, etc, etc.

    peterben
    Last edited by peterben; 26-07-2006 at 05:23 AM.

  8. #7
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    Quote Originally Posted by peterben
    Barkvic, are you sure only BM knows? He is not allowed in the investigation. If he were, he would not be allowed to speak openly about it. You should know that even in police investigations, no one involved is allowed to speak a word. As a juror in the US, nobody is allowed to speak to anyone outside, or even make contact.

    A friend's firm once was investigated. The heads of the firm were the last to be informed of the progress of the investigation. Those who were aware, had to be closed lipped. (This is to assure that the facts are kept intact)

    The only ones to act upon the findings of the investigation is the governing body. In case of legal ramifications, a court will be handed the findings to rule for or against a suit, etc, etc.

    peterben
    Absolutely right.However,BM does have total knowledge of the past.Let us all hope, that PIPS has a future after the prosecutor has viewed the BNM report.

  9. #8
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    Hmmm, yes, it does appear that wway, a revival either by deliberation or simply coincidental.... the mystery of such occurances do hold a grip on events, PI Inc luded.

    The thread may seem thin and ready to snap but until it does, and as Peter had reiterated what others too, time & time again, had repeatedly expressed, the sense and waiting is inevitable after first understanding the legal process it all involves in such a seemingly long drawn investigation which in my opinion, is NOT THAT LONG but for most of you, this is perhaps your first of its kind encounter with such typical situation that most of you are pretty much oblivion to the length these kind of investigations can incur...but it is also, a crucifying and aggravating frustration for many who had spent unwisely and EXPECTED too much and overcalculated their gamble which now appears to display the finanacial toll for those involved.

    I share with you and your anxeity if not, the pains too that you face in your own personal way... this is all about HYIP and getting the feel of being "hacked"....

    My first experience with such an involvement with the HYIP environment (starting with PIPS as of end May 2004) just after spending a good and happy half century of beautiful life.... and it still continues so, this waiting is not killing me on the contrary, it is another addition to wisdom with good life while patience is added to the test once again.

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  10. #9
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    Quote Originally Posted by What
    Hello all--

    I stopped paying attention to PIPS in Spring 2005 after the withdrawals had been backed up for a few months. Now over a year later I've decided to check back in, and it seems like there's no real info about what has been happening. Is there ANY hope at getting back at our money? Any relevant news that's not speculation?
    Just look at the forum title:

    Status = case still pending with BNM

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