PIPS or People In Profit System?

[ycchen]

PIPS finally gets my full attention. :) Well, there are quite a few sites that did a good job in uncover the PONZI nature of PIPS. But I think it would be fun to start a thread on matrixwatch since some of our members might like to share their opionion on PIPS, whether you are Pro-PIPS or anti-PIPS. ;)

[ycchen]

Recently, in January 2005, PIPS just changed their name! Anyone has any insight on this change?

It used to be:

Pure Investor Profit System (PIPS): Providing for a Secure Financial Future

Now, it becomes:

People In Profit System (PIPS): Providing for a Secure Financial Future

https://pips.pipsinc.com/

[ycchen]

Let me guess. I think Bryan gets his new "brilliant" populist concept -- People In Proft Systems from the recent tsunami's tragedy in South/southeast Asia.

This most profitable "multinational corporations" that has NO offical auditor's or annual reports are now paying FULL attention on the "developing countries" and "charities". Wow..... that's very touching ;)

From the new PIPS's front page:
PIPS is designed to ensure members achieve the financial independence they desire. Members of PIPS take control of their own financial growth without relying on the growth of matrices or selling products. Members can also take comfort in the fact that they will be providing urgently needed aid to underdeveloped countries and will also be assisting in the building of a sustainable world environment.

Which "underdeveloped countries" is he refering too? How is he going to "build a sustainable world environment" (wow!!)? Or just another CLAIMS? :rolleyes:

Humanitarian Aid

10% of the base Return On Loan Fund only not on the whole return, this actually evaluates to less then 1%, and is to provide meaningful assistance to those in need. We are supporting some internationally renowned charities.

Which "internationally renowned charities" is Bryan talking about? Or may be it is all "company secret" again? :bow:

[Dreamer]

okay my curriousity is peeked now. So, let me dig around. But, since I haven't a clue what pips pretends to be, i might be slow in any interesting updates. But something did strike me as interesting:


Disclaimer: PIPS does not sell or offer to sell Equities, Securities or Financial Instruments, it is a Private Membership Investment Fund where members deposit funds into Trust Account Debentures, which are managed by Independent Licensed Trustees insuring the security of member deposits. Further detailed information on investments is provided in the Private Members Area. Members are in no way permitted to promote, advertise or make public any of the investment information contained within the PIPS website.

Trust accounts? ummm...

I'm in no way permitted to make public stuff? Damn. I guess I'm about to break a law here. Will you guys bail me out of jail afterwards?

[Dreamer]

https://pips.pipsinc.com/guest/signup_junction/NSsignup_new5.php

Loan Fund Options US$450

I take it back. Its not worth it. Especially since the only paying option is pidpay. What is pidpay?

[runr140]

PIC-Pay is PIPS own internet funds transfer company. It is the only way to actually put money into PIPS as of now. It's a lot like the well-known PayPal system. PIPS charges a fee for each transaction, just like any credit card company.

I could use some info fr someone. Members of my family are involved in the PIPS program, and I've been contemplating getting involved. However, as a first-year business student, the numbers just don't make sense. I made myself a PICpay account, just in case I did want to get involved, but still want more research. Someone mentioned that PIPS is a PONZI...that's all well and good...but what's a PONZI? Any and all info anyone has on PIPS would be helpful. Thanx

[sisco50]

hehehehe Depends on who you listen to. To some folks everything is a Ponzi including the SSA. :)

[jokach]

runr140

here is some information on Ponzi schemes, as defined by the SEC:

http://www.sec.gov/answers/ponzi.htm


Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. Ponzi thought he could take advantage of differences between U.S. and foreign currencies used to buy and sell international mail coupons. Ponzi told investors that he could provide a 40% return in just 90 days compared with 5% for bank savings accounts. Ponzi was deluged with funds from investors, taking in $1 million during one three-hour period—and this was 1921! Though a few early investors were paid off to make the scheme look legitimate, an investigation found that Ponzi had only purchased about $30 worth of the international mail coupons.

Decades later, the Ponzi scheme continues to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses. For more information, please read pyramid schemes in our Fast Answers databank.

[ycchen]

hehehehe Depends on who you listen to. To some folks everything is a Ponzi including the SSA. :)

hehehe..... I wonder who would be dumb enough to say SSA is a ponzi. Would anyone mind explain the logic? :)

[PTVroman]

hehehe..... I wonder who would be dumb enough to say SSA is a ponzi. Would anyone mind explain the logic? :)
Sure I'll explain the logic. Workers today pay into Social Security. That money goes to pay the benefits of the (fewer) workers who have retired. Once today's workers retire, a whole new expanded level of workers is needed to pay their benefits. Looks like a pyramid.

EXCEPT....

That's not quite true. First of all, not all of today's SS payroll taxes are being used to pay off retired workers. Believe it or not, the US gov't does have on the books a fund where excesses are being held for future retirees. Of course, these funds are invested in government bonds, etc. Second, Social Security is still insurance. It has Surviving Spouse and Disability elements along with the retiree income protection, and other financial elements of true insurance. I can not type all of the information into a message board thread; people have written textbooks on the subject. Ask any actuary.

[69mike]

SSA a Ponzi? NO WAY!

It's an Insurance policy the Government makes us pay.... If you are lucky enough top work at least 10 years and live beyond 65-67 years of age.... you can receive a monthly check until you die...
Whether it's 1 month or 100 years.
But like any other Insurance policy.... odds are in favor of the house.

I personally would like to spend my 7% at Vegas.... more fun...lol

69mike

[chiggers410]

PIPS held a sold out conference earlier this year (2005) in Hawaii. What was learned from this conference? Does anyone know anything about what was presented at this conference?

[sisco50]

Not really. I didn't attend. I seriously doubt that anyone posting here went to the PIPS convention. Maybe you can make the next one in Portugal in 2006 and come back to tell us what transpired. :)

[chiggers410]

Does anyone have information on the PIPS Conference that was held in Hawaii earlier this year (2005)?

[chiggers410]

It looks like PIPS has fled with ALL the money. Anyone have any other opinion?

[sisco50]

It looks like PIPS has fled with ALL the money. Anyone have any other opinion?

LOL No, PIPS hasn't run off with ALL the money. No need in spreading misinformation. BoN has picked up all computers and other electronic devices from the PIPS office and is doing an investigation at the moment. The investigation is in regards to PicPay and not PIPS. Marsden has not been arrested as David Hanger would like for you to believe. Nor is he incommunicado. He is cooperating with BoN and trying to get PicPay restructured and back online. Whether or not this can happen is anyone's guess at the moment. Another prime example of why people should not invest more money than they can afford to lose. :)

[Pips believer]

Post removed by moderator, Please do not spam the same post to multiple threads. You have the same exact post on four threads, so the extras have been deleted.

[SANDSTER]

Well here's some of the scoop on PIP's. There was a convention in Hawaii in the spring of this year I think. Brian and his wife also received an award because of the help they gave the Isabella children's fund. And yes,,,,the early investors made a bundle. People were even bragging about how they had become independent and no longer had to work for a living. Hm! Now what are they doing? With jobs so bad, I'm sure someone else has their job by now. Also,,,,,think back, if your old enough,,,,to how it was when the mafia was really in control of stuff in New York and Detroit. They donated tons of money to the churches so they would look good and then did their dirty stuff underground. But yet the money they gave the churches made them heroes
in everyones eyes. Only shop owners suffered from the Mafia unless you were a snitch then you had your shoes filled with cement and you were thrown in the river.....drowned cats. It's the truth that if something seems too good to be true
it probably is and probably not true. Just work for a living. Materialism isn't all there is in life. Look at the poor victims of New Orleans. We don't have it so bad.
best wishes,
Sandster
P.S. Appreciate waking up in the morning and the rest of the day will be a breeze.

[SANDSTER]

:applause: Well here's some of the scoop on PIP's. There was a convention in Hawaii in the spring of this year I think. Brian and his wife also received an award because of the help they gave the Isabella children's fund. And yes,,,,the early investors made a bundle. People were even bragging about how they had become independent and no longer had to work for a living. Hm! Now what are they doing? With jobs so bad, I'm sure someone else has their job by now. Also,,,,,think back, if your old enough,,,,to how it was when the mafia was really in control of stuff in New York and Detroit. They donated tons of money to the churches so they would look good and then did their dirty stuff underground. But yet the money they gave the churches made them heroes
in everyones eyes. Only shop owners suffered from the Mafia unless you were a snitch then you had your shoes filled with cement and you were thrown in the river.....drowned cats. It's the truth that if something seems too good to be true
it probably is and probably not true. Just work for a living. Materialism isn't all there is in life. Look at the poor victims of New Orleans. We don't have it so bad. :shake:
best wishes,
Sandster
P.S. Appreciate waking up in the morning and the rest of the day will be a breeze.

[SANDSTER]

PIC-Pay is PIPS own internet funds transfer company. It is the only way to actually put money into PIPS as of now. It's a lot like the well-known PayPal system. PIPS charges a fee for each transaction, just like any credit card company.

I could use some info fr someone. Members of my family are involved in the PIPS program, and I've been contemplating getting involved. However, as a first-year business student, the numbers just don't make sense. I made myself a PICpay account, just in case I did want to get involved, but still want more research. Someone mentioned that PIPS is a PONZI...that's all well and good...but what's a PONZI? Any and all info anyone has on PIPS would be helpful. Thanx
A Ponzi is a cover up group basically. Like the Mafia, they give billions of dollars to churches and poor people to cover up their real motives in life. The Mafia took charge of all of the small businesses in Detroit, New York, Chicago years ago. They made the shop owners think they were doing them good by sticking their noses in financially, when in fact they were scoffing up the profits. They were good guys in the churches eyes because they donated so much money to them. But if you were caught snitching on them you had cement poured in your boots and were thrown in the river.
Stay out of PIP's. Just like any other ponzi, if you are an early investor you make a bundle. IF you come in later you loose. Kinda like the hare and the turtle.
Put your money some where else. Check out Australia Bank. They have Financial investment plans that will do you better. They are legal.

[SANDSTER]

hehehe..... I wonder who would be dumb enough to say SSA is a ponzi. Would anyone mind explain the logic? :)
but isn't ssa a Ponzi in a protected environment? :o)
What about IRS? Aren't they a Ponzi? They collect our money and don't file their
own taxes,,,,,,,so go figure. They collect our money and don't give any back to us
plus they keep their own. Hmmmm. something is fishey there

[SANDSTER]

My belated spouse died from Lou Gherigs in 2000. SSA wouldn't look at the terminally ill person for months and months and months. Finally it was said that they qualified for
SSA. Whoopeee! if there was Alcohol or drug abuse involved there wouldn've been immediately financial aid available. If you are under 18 or over 65 they will help you.
Couldn't get a wheel chair until spouse was totally paralyzed and ridgid and could not
sit up. :weep: Talk to me about Social Security. It's not a happy subject.
Be thankful for all you have. Be thankful for waking up in the morning. Some people can't move when they wake up like Lou Gherigs patients in their last months of life.
They live in diapers and a hospital bed. They can't push the buttons on a remote control but yet SSA wants proof that they can't work. DAH! :confused:
Sandster.

[SANDSTER]

hehehehe Depends on who you listen to. To some folks everything is a Ponzi including the SSA. :)


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My belated spouse died from Lou Gherigs in 2000. SSA wouldn't look at the terminally ill person for months and months and months. Finally it was said that they qualified for
SSA. Whoopeee! if there was Alcohol or drug abuse involved there wouldn've been immediately financial aid available. If you are under 18 or over 65 they will help you.
Couldn't get a wheel chair until spouse was totally paralyzed and ridgid and could not
sit up. Talk to me about Social Security. It's not a happy subject.
Be thankful for all you have. Be thankful for waking up in the morning. Some people can't move when they wake up like Lou Gherigs patients in their last months of life.
They live in diapers and a hospital bed. They can't push the buttons on a remote control but yet SSA wants proof that they can't work. DAH!
Sandster.
P.S. I'm just learning how to respond to people so excuse me if there is
an error in this somewhere. lol By the way, what do I type in "title" ?

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[mercinary]

By the way, what do I type in "title" ?

Nothing is required in the title section. If you do type something, it shows up as bolded characters at the top of your reply.

-Merc

[SANDSTER]

Nothing is required in the title section. If you do type something, it shows up as bolded characters at the top of your reply.

-Merc

Oh, thank God I don't have to have a Title. No one usually pays me
for my title anyways. hee hee
Thanks for the tip Merc. :crazy:

[maouse]

PIPS held a sold out conference earlier this year (2005) in Hawaii. What was learned from this conference? Does anyone know anything about what was presented at this conference?
Read their flier. Then try to do the math. Something certainly doesn't compute.

-Marcel