People In Profit System (PIPS)

Can you deliver it Thursday to Chorley in Staffordshire? Delivery by 10am on the day or no deal.

Martin <

Reply to
Martin Davies
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Yes, of course, no problem at all. Just send the two million to PayPal account 1234567890987654321 and it's guaranteed to be with you on time. I need the money up front to pay the dismantlers. I'm sure you understand.

And at no extra charge, I'll enter you into the Spanish lottery. I'm sure you'll be hearing from them soon with some excellent news.

Mike.

Reply to
Mike

I'll pay the money when the bridge is erected. Cash on delivery. I'm not taking the chance you try and fob me off with some bridge from some other town or city. I want to see it up first. Oh, and are you paying the paypal charges or do you want to offer me a discount?

Martin <

Reply to
Martin Davies

Well reporting back after more research, I just met someone who invested £5,000 last February. She has just paid cash for a Toyota LandCruiser (yes I've seen the proof) and has withdrawn £5,000 in cash to cover her initial investment. She says her "fund" is still woth some £30k+.

There are others around with similar success stories. I have no doubt the bubble will eventually burst, the question is, when?

Reply to
Mike

"Trust Account

of US$425.00 now, I

cash: a total of

You can withdraw 100% of the "interest" from day one, or leave it to accumulate, or take a percentage either way.

simulator and web site, then

It's clear enough on the site. You can switch from accumulative reinvesting to income or any combination of the two, at any time and as often as you like.

If I had known about this a year ago, I would have put £5k in without hesitation. Now is probably too late as some "authority" somewhere will undoubtedly be working hard to put a lid on all this.

Reply to
Mike

as "Trust Account

lump sum of US$425.00 now, I

in cash: a total of

simulator and web site, then

Or else they will run out of new members to pay for existing members taking money out.

Martin <

Reply to
Martin Davies

When more people want money out than there is money in the fund.

Reply to
Paul Robson

Quite. This sounds like a classic (fraudulent) pyramid scheme where withdrawals are financed, not from growth in the fund, but from new money being added to the fund by new joiners.

All such schemes must collapse. When they do, most people lose all their money.

The woman with her Land Cruiser is taking advantage (in advance) of the misfortune of others. It is simply not possible for a £5,000 investment to grow to £55,000 in a year through legitimate means in a fund like this.

Mike.

Reply to
Mike

Then you're showing no concern whatsoever for all the people who are ruined by frauds like this.

I do hope so. The naive people who invest in schemes like this need to be protected from themselves and from the financial disaster they wreak on others.

Mike.

Reply to
Mike

Its possible. Just requires a lot of luck or a lot of risk. You'd get better odds of doing it on the horses though.

Martin <

Reply to
Martin Davies

My daughter has a reply to that comment, it goes something like this. Push your tongue into the lowest recess between your bottom teeth and lower lip and say (in a dull monotone sound...

"uuuuuuuuuuunnnnnnnnn!"

hth.

Reply to
Mike

So it is similar in its forecast, viability and its ethical standards to the state pension scheme and most of the private ones currently collapsing all around us then.

Reply to
Mike

You think this is that good? :) Seriously, yes.

The banks, investment companies etc can and do pay out from the money of people paying in. So long as the paperwork is correct, it doesn't actually matter whose money is invested in those 100,000 baked bean shares. You pay 500 into your bank account and the next person in line draws 500 out of their bank account, so long as your account and their account show the correct info then it doesn't matter about the actual notes used. Banks tend to have much larger reserves to pay out with though.

Martin <

Reply to
Martin Davies

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