Not strictly true. The party claiming that they are being libelled also has to produce evidence to rebut the charge. In this case it would be audited accounts and an explanation of the investment process that produces the returns.
Excellent point Owen, not to mention the fact that PIPS/Marsden's legal team has never responded to any of the C&D orders or warnings from any state, country or legitimate news source. Why would a legitimate business not take action?
Excellent point Owen, not to mention the fact that PIPS/Marsden's legal team has never responded to any of the C&D orders or warnings from any state, country or legitimate news source. Why would a legitimate business not take action?
Then again, as has so often been pointed out around here, the past is no guarantee of future performance.
__________________
Anger turned inward is depression. Anger turned sideways is Hawkeye. ~Sidney Freedman~
Then again, as has so often been pointed out around here, the past is no guarantee of future performance.
Does it really make sense that they would take legal action against a website or an individual when they failed to defend PIPS against numerous other more serious legal actions.
Both the Canadian Supreme Court and the US Supreme Court have Rulings that defines an ISP as a mere conduit of information, which has no knowledge of illegal activity. The ISP ceases being a mere conduit when it is made aware of illegal activity. At the point when the ISP is made aware of illegal activity but authorizes its display anyway, it becomes a Content Provider and is no longer protected as an ISP.
Don't forget that the US Supreme Court has made a strong ruling regarding money Laundering and conspiracy charges in the last year.
In the U.S, plaintiffs must prove statements made about them are false.
I personally feel that legal action by Marsden anyone is about as likely has his scheme being proven to be legit.
Not strictly true. The party claiming that they are being libelled also has to produce evidence to rebut the charge. In this case it would be audited accounts and an explanation of the investment process that produces the returns.
Bryan can't have that now, can he??
It would blow his scam out of the water.
Of which he has both but you will never see it till they show it to you in court and then your ass will belong to Bubba!
I'd say that an un-informed person like yourself who claims that Marsden, who was involved in the following previous scams, could claim that he (Marsden) had been defamed and his reputation tarnished or affected in any way by anyone is histerycal at best. In the U.S, plaintiffs must prove statements made about them are false and any claim made by Marsden would be nothing more than a one legged man in an ass kicking contest!
Me
Quote:
1/2/05Between Labuan and Panama PI/PIPS had a brief stop over in Brunei. As for Marsden's vast business experience you can add these to the list of lead balloons. CEO of all of these, Discount Malaysia, The Referral Machine, Promote-n-Pay, Ads4pay, nmbc, Allgoods worldwide superstore, AdMania Safelist, Golden Womb and Pure Investor before he changed the name to PIPS and added a later version under a different name. Also he was a member of several others that have ended up in the dump and in court.
In his remarks at the Las Vegas convention in 2004, he claimed that PIPS was a $750 million dollar debt free company. Yet they can't find a bank or a credit card company to handle their transactions except EON Bank in Malaysia, having been dumped by HSBC NY, Canada, BOA, Royal Bank, and Citigroup. EON Bank can only handle 50 wire transfers a day or month (forgot which). Now several more but just excuses for slow withdrawals is my guess?
You are right they are not licensed to handle investments anywhere, except the venture capital which is the only PIPS company licensed to be involved any type of securities and only in Malaysia.
Just Who Is Bryan Marsden
Here is what your members were claiming.
Quote:
Well Max, I suppose everyone will find out if its real or not when they turn up to the conference they are holding next week. If no ones there then you are right if there is someone there then you are wrong. That's pretty black and white for you isn't it. Also PI makes there money by investing through approx 20 investment brokers around the world. The investments are in forex, stock markets and land as well as other things. I'm good friends with 1 of the members who personally knows Bryan. He and his employees are real as well as there phone numbers and loacation.
The PIPS system is based on the 2% program they have running. It was designed to replace GWPI. It has replaced GWPI because it was decided that it was a fairer system than GWPI for distributing money under the matrix side of the scheme. PIPS no longer rely's on a matrix system fully. Now you can invest in PIPS (a managed investment fund) and get a return of just under 2% on your investment. The return is interest you earn on your investment. There is a bonus matrix attached to it, which essentially pays you an extra income if you sign other people up the PIPS. But you don't have to be involved in signing anyone up to make just under 2% every trading day on your income.
The GWPI matrix system collapsed because people were defaulting on payments which impacted how much could be invested by PI which impacted how much people were able to be paid out monthly. Also because of this it lost it's momentum for new people to sign up which also impacted how much money could bew invested by PI thereby having an impact on payouts. To be honest with you as a PI member I was not to happy with the GWPI model because it did depend on the Matrix system continually growing. PIPS on the other hand is totally dependant on the investment side of things and not on a matrix to keep it going. You could not ever sign up anyone and you will still get a return on your investment. It is really a HYIP program but with further protection. For instant all invested monies go into a trust and all activities of PI and the trust are regularly monitored by the relevant department of the Malaysian government.
The point is if you can't prove what you are saying it is slander, you just can't say it or repeat it without having proof. Just because you say it doesn't mean it is true. Or are you really a flaming faggot? I saw where someone said that you where, not just because they said it is it true or should we ask for proof?
Not that I would want to see that, roflmao! Boy your eyes are really brown tonight, still full of it? roflmao
The point is if you can't prove what you are saying it is slander, you just can't say it or repeat it without having proof. Just because you say it doesn't mean it is true. Or are you really a flaming faggot? I saw where someone said that you where, not just because they said it is it true or should we ask for proof?
Not that I would want to see that, roflmao! Boy your eyes are really brown tonight, still full of it? roflmao
I'm still waiting for Marsden to prove that he's trading.
Let him take me to court, then he can prove in front of a judge that Pips isnt a scam,
and I hurt him. WAAA WAAA WAAA
And trust me, the judge isn't going to put up with his bullshit.