Excellent info.

[SPO]

http://www.fraudguides.com/pips_investment_scam.asp

Text removed per request from Fraudguides. They felt it was theft, when this is clearly not so, since I posted the link to the source. However, I respect their wishes. To see the article, click the link above.

[SPO]

Oh, and what's even better, is that this is the first link when you Google "pips forum". Kick ass!!!!!

[maouse]

Originally Posted by SPO

You can make 2% a day with a PIPs Investment?

Some PIPs Investment scams you can find on the internet promise returns of 2% a day. Think hard about this for a minute. Checking your math: A 2% increase is a multiplier of 1.02, so a 2% increase for 1,825 days is a multiplier of 1.021825, or 4,958,079,264,200,877.85, rounded a bit. Shift the unrounded value left by five digits to represent the initial investment of 100 grand, and we get $495,807,926,420,087,785,122 and 80.2 cents. That's nearly 500 quintillion dollars in the U.S., about 270 million billion pounds, around 389 quintillion Euros or nearly 53 sextillion yen.

A $100 thousand initial investment becomes larger than the estimated GWP after just 1,013 days, or two years and nine months or so. And it would pass the 2005 budgeted Federal spending for the U.S. after just 857 days, or two years and about four months.

No matter what the initial investment, at 2% per day it would double every 36 days. Well, slightly more than double, as 1.0236 is real close to 2.04. So, if a person were to initially invest just a thousand bucks, the above calculations on $100,000 would become true after less than seven 36-day periods go by (in other words, at 2%, $1,000 becomes $100,921.55 in 233 days). After this we are at the first calculation which gives us 500 quintillion dollars in another 1,825 days which even the dullest tool in the shed should see as being impossible.

B-b-b-but you only get the 2% daily ROL interest on 500 quintillion!

LOLROTFLMAO!

-Marcel

[punkyg]

Laught it up maousey

[golfer]

Originally Posted by maouse

B-b-b-but you only get the 2% daily ROL interest on 500 quintillion!

LOLROTFLMAO!

-Marcel

This just show the stupidity of you people. The idiot who wrote that story obviously did not do his research at all. Just goes to show that you all are idiots. You post some idiots idea of what PIPS is and you believe it. It has been explained over and over again and I'm not going to waste my time explaining it to you again.

[maouse]

Originally Posted by golfer

This just show the stupidity of you people. The idiot who wrote that story obviously did not do his research at all. Just goes to show that you all are idiots. You post some idiots idea of what PIPS is and you believe it. It has been explained over and over again and I'm not going to waste my time explaining it to you again.

The PIPS simulator shows that if you put in a total of $100,000.00 (well, $100,010.00 now) you will have 20,772,535 units after just two years if you leave it at 100% re-invest. That is just over 500 million dollars. Interest is 10 million a day. That is 2.4 billion in ROL for year three. 1.53 billion a year taken out for life if you adjust re-loan to compensate for expiring units.

The stupidity of the idiot who designed a 2 year simulator and STILL HAS IT ON THEIR WEBSITE is quite obvious as well...

What has been explained by you? That the "human factor" will mean that people won't want their money? That somehow the math works out if you ignore reality?

-Marcel