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  1. #2621
    Join Date : Dec 2007
    Location : On a scammers tail
    Posts : 876

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    How is this scam doing? Is it still paying? Im getting some interest in this scam now because Chico sounds like he just drank a gallon of the p2p koolaid. This should be fun.


  2. #2622
    Join Date : Nov 2005
    Posts : 956

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by EddieHaskell
    How is this scam doing? Is it still paying? Im getting some interest in this scam now because Chico sounds like he just drank a gallon of the p2p koolaid. This should be fun.
    Paying? nah.... Still selling policy's though!
    He who expects nothing will not be disappointed !

  3. #2623
    Join Date : Feb 2004
    Posts : 2,315

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by EddieHaskell
    How is this scam doing? Is it still paying? Im getting some interest in this scam now because Chico sounds like he just drank a gallon of the p2p koolaid. This should be fun.

    Sorry to disappoint you, but I have NO idea what P2P IS ALL ABOUT.

  4. #2624
    Join Date : Feb 2004
    Posts : 2,315

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by nothingscertain
    And he is very qualified. Not only academically either.Perhaps Chico would share his qualifications with us too?
    That would never work because I would have to spell everything out at a 2 year old level just so you could understand.

  5. #2625
    Join Date : Feb 2007
    Location : Europe & Asia
    Posts : 327

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Its a scam, because TEPS dont work in this way and you cant purchase endowments that have an instant value.

    If you took out a plan with a projected value no bank would loan money against its payout because its a projection not a guarantee...the reason why they are used for Mortgages is because its the property which does have a value and is the item mortgaged not the plan.

    The plan is assigned to the lender to pay the mortgage either on death or maturity, when then plan starts it may cover $200k on death but its sum assured value will be alot lower and grow over the years dependant on what the fund managers make...

    Couple of pointers...

    Insurance plans have an assured and a beneficary...to be a beneficary you need to be a spouse or partner or have an insurable interest.....where its the later a deed of trust has to be put in place.

    There are many other elements that show this is a scam but these are so obvious you can check them out on the net with out getting too technical....

  6. #2626
    Join Date : Oct 2005
    Posts : 780

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by sirduke
    Its a scam, because TEPS dont work in this way and you cant purchase endowments that have an instant value.

    If you took out a plan with a projected value no bank would loan money against its payout because its a projection not a guarantee...the reason why they are used for Mortgages is because its the property which does have a value and is the item mortgaged not the plan.

    The plan is assigned to the lender to pay the mortgage either on death or maturity, when then plan starts it may cover $200k on death but its sum assured value will be alot lower and grow over the years dependant on what the fund managers make...

    Couple of pointers...

    Insurance plans have an assured and a beneficary...to be a beneficary you need to be a spouse or partner or have an insurable interest.....where its the later a deed of trust has to be put in place.

    There are many other elements that show this is a scam but these are so obvious you can check them out on the net with out getting too technical....

    SirDuke, you forget that these are MAGIC TEPS! They defy real-world requirements, logic, and even mathematics. Up is down, down is up. Their secrets are known only to a small group of serial Internet scam artists.
    __________________

    If you're in a game for money and you don't know who the sucker is...

    It's you.

  7. #2627
    Join Date : Feb 2007
    Location : Europe & Asia
    Posts : 327

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    This is true....I also gather that the Endowment plans are also very "special" where the investment returns are 100% guaranteed...dont even need to use actuarial tables to calculate the amount of life cover based on age, occupation and health, plus the normal requirements of legal ownership through assignment is waived, and the Insurance company has so many staff they can issue 100000 policies just like that......

  8. #2628
    Join Date : Oct 2005
    Posts : 780

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by sirduke
    This is true....I also gather that the Endowment plans are also very "special" where the investment returns are 100% guaranteed...dont even need to use actuarial tables to calculate the amount of life cover based on age, occupation and health, plus the normal requirements of legal ownership through assignment is waived, and the Insurance company has so many staff they can issue 100000 policies just like that......

    Don't forget the banks who will give no-interest loans totalling 70 BILLION just so the money can be given away to the little people. And all they have to do is BELIEVE! (Oh... and send $50. ; )

    Let's all clap together for TinkerStella and make the MAGIC TEPs work!
    __________________

    If you're in a game for money and you don't know who the sucker is...

    It's you.

  9. #2629
    Join Date : Nov 2005
    Posts : 956

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by Jungle Hunter
    Don't forget the banks who will give no-interest loans totalling 70 BILLION just so the money can be given away to the little people. And all they have to do is BELIEVE! (Oh... and send $50. ; )

    Let's all clap together for TinkerStella and make the MAGIC TEPs work!
    I believe there is a very long queue outside the toytown bank for the interest free loans!

    But of course, there is the secret formula that us plebs don't know about.
    He who expects nothing will not be disappointed !

  10. #2630
    Join Date : Nov 2005
    Posts : 956

    Default Re: GlobalPensionPlan - Globalpensionplan.net

    Quote Originally Posted by punkyg
    That would never work because I would have to spell everything out at a 2 year old level just so you could understand.
    Please do then, make it easy for us to read. None of those "on line" degrees count btw.
    He who expects nothing will not be disappointed !

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