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    Sep 15th 2006

    This venture is registered in Liechtenstein.

    I remind for those who are interested to join that Global Pension Plan will close once the target membership of 100,000 is reached. The program is still growing very fast. They’ll probably re-open their doors afterwards…

    GPP has one of the most unique and impressive plan I’ve ever read so far! Even if this program is in the category: “Too good to be true!”, it’s a ONE TIME membership of 30€ ($35). The question is: “Would you be willing to risk the possibility of losing just 30€ ($35) for the opportunity to earn a minimum of $55,000.?”… the answer is up to you!

    Now those who are already IN would be paid before the end o the year (normally within 2 months after the closure of the program to new members). That mean they’d get paid before Christmas.

    Stay tune!

    Nobsnetwork Global Pension Plan Thread

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    201 Responses to “Global Pension Plan - MLM”  

    1. Gravatar Icon 1 Hecht

      I am in this for about two weeks now: Growth from 10.200 members to 10.800 members.. I dont think they will hit their 100.000 member goal before christmas :)

    2. Gravatar Icon 2 Hecht2k

      I am in this one, for over two weeks now. Growth since my join about 600 people. I dont think they will hit their target near christmas

    3. Gravatar Icon 3 Hecht2k

      Oh well, let me just add (as i cannot edit): The Plan truly looks more than great. Trading policies and insurances is even promoted in television by some companies here in Germany.

      “Total Members In our Plan: 10929″ so it will still take its time.

      Surly high risk, but worth a try. I`d like to classify it as “Fire&Forget”

    4. Gravatar Icon 4 Jude

      Trading policies and insurances for GPP? Have you got any links or writeups about that my friend? Btw, welcome to our blog.

    5. Gravatar Icon 5 Luc

      I’ve heard there will be a german version of the site (probably done already) cause this program is very successful in germany and the neighbouring countries (the company is registered in Liectenstein).

      And I think you’re right (Hecht2k) when you say they wouldn’t hit their target near Christmas cause even if their membership database is growing very fast, they are far from their target number.

    6. Gravatar Icon 6 Propellertop

      Well, I just tried to ‘refresh’ and get back to the site today and it appears you can only get in with a referal now. I tried to search and use a couple links from various ppl, but no go. Seeing as they’re no where near their goal of 100,000, not sure why they changed their system.

    7. Gravatar Icon 7 Hecht2k

      Hi Propellertop.
      I can login my account and see no changes.
      Even the Signup form seems to work properly.

      Total Members In our Plan: 11318

      Globalpensionsplan (!reflink!)

    8. Gravatar Icon 8 Drora luz Homen

      i would like to join this program but i need a referral link

      Anybody wants to have me as a referral?

      PEASE EMAIL ME

      Drora Luz

    9. Gravatar Icon 9 Hecht2k

      Please feel free to use mine :) http://www.globalpensionplan.net/?id=Hecht2k

      By the way: Total Members In our Plan: 14452

      (link may be deleted if it offends the blog)

    10. Gravatar Icon 10 LaDySeVeN

      I was just reading about this in a Canadian forum. GPP launched May 2005 and it hasn’t even reached its half mark after more than a year and a half?

      Hecht2k, do you know the status of members as of today?

    11. Gravatar Icon 11 Hecht2k

      17.907

      A timeforecast (which they send by email sometimes) says there are additional 43 weeks to wait

    12. Gravatar Icon 12 LaDySeVeN

      I will sign up under you! What the heck, $38 won’t hurt for a possible 55k before xmas 2007!…hehe.

    13. Gravatar Icon 13 LaDySeVeN

      But before I do, what kind of information will they need? I don’t feel comfortable giving up certain information about myself….

    14. Gravatar Icon 14 Hecht2k

      nothing sensible. The same things as you have to in every other hyip. I dont really know if they later on need any more information.

    15. Gravatar Icon 15 Purna Maitra

      Hi,
      I am from India. Can I join? Can I refer my husband? I am 45 and he is 48.When do they give the referral commission? How come such a wonderful scheme is not being filled up in more than a year? I believe I can refer quite anumber from India.

    16. Gravatar Icon 16 Luc

      Purna Maitra, I’m not a member but since the beginning I’ve been reviewing this pogram. To answer to your question: Yes! It’s still time to join, so you can.

      The weekly membership growth here seems to be holding steady at just over 1,000 new members joining each week. This program could easily grow this reverse pension MUCH faster (if everyone promote a bit) and get this one completed and everyone paid out before the end of this summer.

      This is the last update:

      ******
      Monday 12th February 2007, 0900hours GMT

      Member Count: 35,966

      Members joining this week: 1,054

      Members who joined last week: 1,142

      We forecast the time to reach 100,000: 32 weeks (September)

      Available ‘Compensation’: €3,521,870,000

      Available ‘Loyalty Rewards’: € 1,536,816,000

      ‘Loyalty Rewards’ earned/accrued this week: € 25,296,000

      Thanks to TeamTHEMCO for providing the above data.
      ******

      Surely they can close this program out before September.

    17. Gravatar Icon 17 Lily

      Keep a watch on GPP in May, by that time it should be about 50% full and depending on what happens with another programs payout, GPP could fill up the other 50% in the blink of an eye. Current membership 37,550

    18. Gravatar Icon 18 Karen

      the question always remain…WILL THIS PROGRAM REALLY PAY ?

    19. Gravatar Icon 19 Purna Maitra

      Hi,
      Somebody pls clarify. Will a birth certificate do for the identity verification? It is for my 27 month old child. Can I, my husband, a friend and my child all use the same email and e-bullion account? Where will the money be credited when they pay? Also, somebody please give me a referral link. I want to join in the first week of March and am a dummy as regards referrals, links etc.

    20. Gravatar Icon 20 Luc

      Karen, you should ask this question: Would you be willing to risk the possibility of losing just $35 for the opportunity to earn a minimum of $55,000?

      Never forget the Golden Rule: Invest only what you can afford to lose!

    21. Gravatar Icon 21 Lily

      Purna,
      There are plenty of referral links available and believe me, everyone wants you to use theirs. Part of this program, of it pays out, is the 2000 for each referral that goes 12 layers deep. The potential to make really serious money is in the referrals.

      One thing for sure, You will want to sign yourself up first, then use your referral link to sign up the rest of your family. Right now ( and for the next few months) you have plenty of time. If you have any friends that are already in GPP, you should use their referral link.

      To answer some of your questions, this is straight from their FAQ’s

      All the members are asked to provide the insurance company a copy of a government issued ID like passport, driving license, birth certificate etc. indicating the very same details as used when signed up with us.

      Do I need an email address to sign up?
      A: Yes you do. But you may use the same email address as your sponsor if you don’t have your own one.

      Q: Can I sign up multiple members using my own e-currency account?
      A: Yes you can!

      Q: How can I withdraw the Compensation and the Loyalty Program Rewards?
      A: The membership fee of 30 EUR includes a banking solution.

      I hope this helps, keep in mind, if ( and that’s a very big if) they close and payout, chances are it won’t be until the very end of this year at the earliest.

      Somebody already posted their link in a earlier post, So I guess it’s ok to post mine.
      http://www.globalpensionplan.net/?id=cgc3241

    22. Gravatar Icon 22 Karen

      Luc :

      This the a BIG problem with “too good to be true business”…all say Invest ONLY what you can afford to lose !! who in the right MIND enters a TRANSACTION with the EXPECTATION to lose …please follow the logic …common folks like me only has Hope ….not to lose regardless if it is $40 ….this industry perpetuates …this notion “invest only what you could afford to lose” mentality …the HYIP always wins ..THEY SELL HOPE ….and continue to SELL HOPE …..and You continue to FOLLOW this belief …”invest only what you could afford to lose” …and the suckers …continue to lose ….we are still hoping …

    23. Gravatar Icon 23 Luc

      I’m basically agree with you but what else can I advise to people? Yes invest as much as you can and lose your money?… We should always use our common sense before investing and I believe most of ppl here are enough mature to undesrstand that.

      We have to remember that NO business on earth are 100% safe (and they will never be) and this, whatever bad or good/honest or dishonest an admin could be. There are NO guarantee in any business but if ppl are using wise money management, they won’t be too upset in case something goes wrong.

      Now if you are NOT ready to take any risk at all, so investment programs are not for you… go away and do something else. It’s that simple!

    24. Gravatar Icon 24 Karen

      Luc :

      Please follow your logic …99.9% of all programs turn out to be a SCAM….I am sure you have participated in MOST of them …since your are a die hard believer or a gambler …hoping that something will pay ….someone sells you vacuum cleaner looks good in the box …and you believe him…the salesman says …this will work …but turn it on when I leave…you say OK I , the salesman leaves , you turn on the vacuum cleaner…and it wont work
      …then you what the heck …I will buy another vacuum cleaner …you dont get it ..They are selling hope !!!then
      you talk about risk this is not RISK this is gambling..I hope you see the difference …there ZERO DUE DILIGENCE ON THIS PROGRAM …LIKE MOST OF THE 99.9 % OR PROGRAM …ALL DEALING WITH SHADOWS …I QUESS I WILL DO SOMETHING ELSE ..

    25. Gravatar Icon 25 Luc

      First of all, this program is NOT classified in the category of HYIPs… Whatever! I always recommend ppl to invest in low risk investment programs and I know many of these programs are still paying and some members are in prfit.

      I know a program that I didn’t join few years ago cause I was reluctant but I regret cause this program is still paying (but now I don’t know for how long) and few of their members who kept compounding are already Millionaires.

      The clue is that you never know in advance if a program will pay or NOT. People here are adults, they know the risks involved, they are FREE to invest if they decide to do so. I never yiell SCAM without knowing if a program will pay or not… but the only thing I can do is to advise investors to be cautious. People are FREE to invest if they decide to do so.

      But I don’t teach you anything, you know that already!!!

    26. Gravatar Icon 26 Patrice Mokédé

      This is one of the nicest threads that i could found (using Google) on the internet about GPP.

      A good friend of mine introduced me to this “wonderful” offer. She’s 100% trustworthy! The question i have stillis if rather this is a genuine one or not?

      I love the way Karen is puting it…Selling hope…and she’s actually correct (not about GPP but) about this in what she reffers to in her posts.

      I love Luc the way he puts it…”GPP has one of the most unique and impressive plan I’ve ever read so far! Even if this program is in the category: “Too good to be true!””…

      Karen is right it is actually gambling (30euros) cause they mention it on their website, in the riskdisclosure: “Global Pension Plan offers no guarantee of any kind”

      There is no fact until the end of this game. Once cashing day has come, money will be expected by a hundred thousand people. If they pay out; Karen will be looking for the first available link to click on and Luc will probably be on a sunny beach with a pinacolada on one hand and a havana on the other laughing. But if no money is shown they’ll (GPP Team) will be in Luc’s place and Luc with 99 999 of his friend, colleagues, Patners, family, teammates, etc… will be greater than Karen in trying to talk logic with people in various forums, blogs, etc… and Karen? well? what do you think?

      With all due respect i thank you both (and the others) for this nice blog. it gave me something more valuable than 30 euros or 55000. a smile! :)

      P Mokédé

    27. Gravatar Icon 27 Keisha

      People are getting all up in arms. GPP is not like alot of MLM where my money depends on my downline. I get paid regardless of if someone joins under me or not. If you don’t want to join..that’s fine, like Luc said find another avenue. I would much rather be on the side of the fence where if GPP doesn’t pay, I can say..ok well I’m only out $40.00 than to be on the side of the fence with the people who saved $40.00 buck and GPP did pay out. People are complaining about $40.00 bucks…I bet they waste that every month on frivilous stuff. Scared money don’t make money.

    28. Gravatar Icon 28 Mokédé

      GPP is not like alot of MLM… do you have a good example to show me of something similar (that has paid) with reference please???

      I get paid regardless … is this a fact or what you think (or hope) cause back to the first question???

      I would much rather be on the side of the fence where if GPP doesn’t pay, I can say..ok well I’m only out $40.00 than to be on the side of the fence with the people who saved $40.00 buck and GPP did pay out. People are complaining about $40.00 bucks…I bet they waste that every month on frivilous stuff… i totally agree with you :)

      With respect!
      P Mokédé

    29. Gravatar Icon 29 Lily

      In case anyone doesn’t know yet, they changed their compensation a little. Now anyone who is under the age of 27 when the papers are signed will receive double, 110k euros. The MLM part stays the same.

      They say the reason for this, when they started, they had know idea what the age group would be that signed up. Now that they are over 40% full and looking at the ages of those who already signed up, a much higher percentage are young ( people signing up their children mainly) and they say because the premiums will be much lower for those under 27 they can pay the extra amount.

      Something to think about, If they actually payout, it may be well worth signing up your young relatives.

    30. Gravatar Icon 30 omar

      what is £24 quid?!
      i’m under 27 and i’ve been signed up to gpp along with several of my mates!
      my mum has a downline of fifty and we all have hope that this will work
      after all……there are those that work, and those that haven’t, i would sure feel like a **** if i didn’t take advantage, and if it doesn’t work, well i’m glad i tried
      it’s quite a bit of cash, but is a measly £24 really worth that much to you?
      no guarantee, but it’s 50/50

    31. Gravatar Icon 31 sharonsopinion

      I’ve looked at GPP an number of times and just can’t bring myself to part with €30 (~$40), even though it’s a small amount. Here’s why…

      100,000 members * €30 = €3M …. 100,000 * €55K = €5.5B. Not to mention referral commission and now double payment for those under 27. Is it just me or is the descrepency a little wide to be real? Nice load if/when they run. And ppl will say, oh well, it was only €30. I spend more than that on a night out.

      “Doubling” the so-called payout for those under 27 sounds like a tactic to get more young people to sign up. Young people are more willing to tell their friends, who will tell their friends, etc.

      I’m sorry, but I just don’t by it. Color me cynical on this one. However, I do wish that everyone that joins does get their money this year. It would be quite an amazing feet to pay that windfall.

      JMO,
      Sharon

      Edited to correct the currency symbol, per Luc’s post below. 3/16/07

    32. Gravatar Icon 32 Lily

      It is just another tactic to close their membership faster, just like the buy one get one during December.

      I wouldn’t even give it the 50/50 shot I read someone give it a few posts up, however, if it does really payout, that would be life changing to me.
      Rich people say money is not the solution to all problems. Quite frankly, with the exception of health issues, it is the solution to 99% of most average people’s problems who live every month trying to make their paycheck cover the basic living expenses.
      If I wasn’t worried about paying for housing, car, insurance, power & phone & food bills, maybe I’d have time to think of petty issues as real problems, LOL.
      If by some slim chance this does pay, I, for one, will feel like I just won the lottery & the odds are much better of this paying out than of winning a lottery.

    33. Gravatar Icon 33 Luc

      sharonsopinion, I won’t make any comment regarding your post but I just want to say that payments here are done in € (euros), not in £ (pounds). I say this cause there’s a big difference when you convert dollars in euros and in pounds.

      You can go here for the currency rates: http://www.x-rates.com/calculator.html

    34. Gravatar Icon 34 sharonsopinion

      HI Luc,

      Thanks for the correction. When I first looked at them they were in dollars and the cost was $35. I’m not sure when they switched. I changed the comment when I looked at them right before submitting and I put in the wrong symbol. You’re right that it makes a big difference. That conversion calculator is really good. I’ve used it many times.

      I was going to post right after you wrote the article, but decided against it. However, with so many posting the attitude of “it’s only a little bit, if they don’t pay”, I wanted to share my viewpoint, which is different. We’ll all know which viewpoint is correct when they hit 100,000 members. I hope mine is the wrong one and they do pay.

      Thanks,
      Sharon

    35. Gravatar Icon 35 Luc

      Thnx Sharon, the point is that ppl become more aware of the risks involved before they decide to invest.

      So your comments are always appreciated here!

    36. Gravatar Icon 36 Airrick

      Hoping it does pay out ……. BUT if it doesn’t WHO gets the money paid in? Where does the MONEY go to? That should be a question the company should answer. Airrick

    37. Gravatar Icon 37 Sophie

      This is not a MLM as the original post for GPP stated.. it’s a reverse pension plan. There are 4 now I know of. One should be paying in April, IF it does, all these others contract’s will be bought up like hotcakes for sure.

      I am in PWW, and HCI25 - a small risk for a very large payout, so it’s worth it to me! PWW has a conference room where aspects of how it works, and why it’s real are discussed.

    38. Gravatar Icon 38 omar

      SOPHIE
      i am looking to sign up myself and upto 50 others under pension world wide, but i do not understand how e-gold works!
      can you give me, and those others on here, a brief introduction as to how it works
      much appreciated

    39. Gravatar Icon 39 Luc

      Omar, first of all, you have to create an e-gold account here: https://www.e-gold.com, just follow the process, it’s self-explanatory.

      After you’ve been registered, you can fund your e-gold acct via an e-currency exchanger, you get the list in the e-gold directory link here: https://www.e-gold.com/unsecure/links.htm

      Go to the Exchange Services section and choose the most suitable service for you. Personally, am using anygoldnow ( http://www.anygoldnow.com ) but there are many other good exchanger services. You have different funding options: Money Order, Wire Bank, Western Union,… Credit Card,… But not every e-currency exchangers accept ALL method of payments, so you have to read in each site their terms and conditions. The transfer take from few hours to few business days depending on your payment option.

      Take your time to review the e-gold site and e-currency exchangers in order to get familiar with them.

      If you still have some questions, feel free to ask.

    40. Gravatar Icon 40 Luc

      I give again the e-gld link cause it didn’t work above: www.e-gold.com

      Hope that help!

    41. Gravatar Icon 41 Sophie

      Luc, PWW only takes e-bullion of 1 MDC now - it was taking egold but switched.

      HCI25 will still take egold, but payouts may be to an account - not egold.

      The only exchanger I’ll use is www.thebullionexchange.com

    42. Gravatar Icon 42 Luc

      Sophie,

      Correct! I was just answering to omar about how to open an e-gold acct but am not sure if he knows he has to invest via e-bullion though.

      But thnx for this precision!

    43. Gravatar Icon 43 Phil Christie

      I joined GPP a few weeks ago well prepared to lose my €30 if it doesn’t pay out.

      My reasoning is this. Who on Earth is going to set up a long term scam to try and rob 100,000 people of €30 each, pay the associated costs along the way and walk away after a couple of years or more work with just €3 million? Believe me it would not be worth the hassle!

      Be sensible, there are much, much better ways of making a lot more money in a much shorter time by setting up a truly sophisticted scam. Many have already done it and many more will do so in the future.

      I really cannot understand the hysterical ravings of some of the contributirs to this thread! It’s quite simple………. if it’s not for you then don’t do it!

    44. Gravatar Icon 44 Lily

      I’m not sure about the other programs, but for GPP, if you are a first time ebullion user (like I was) and used the bullion exchange (my favorite) to fund it, MAKE SURE YOU FUND THE “CURRENCY” PART OF EBULLION, not the “gold” part.
      I didn’t know any better and just funded my brand new ebullion account & couldn’t understand why my payment wouldn’t go through. Maybe there’s a way, but when I figured out what the problem was, I also couldn’t figure out how to switch it from “gold” to “currency” within the ebullion site. I ended up going back through the bullion exchange and paying them again to sent it to egold. Lots of extra fees for $40 ( LOL, I’ve never tried to use ebullion since)

      Anyone who normally only uses egold, I would highly reccommend funding your egold and using 1mdc. It was much less annoying. The only thing I would suggest with 1mdc, is to already have your email open or if your email is online, have it already open on another browser, before you start the transaction with 1mdc. ( they email a pin and don’t give much time to collect it and type it into their site)

    45. Gravatar Icon 45 Richard

      2 years “work” for 3 million euros sounds like a pretty good scam to me!!

    46. Gravatar Icon 46 omar

      a question to all MLM and reverse pension planners, are there many other more secure schemes apart from GPP and PWW that you are aware of?
      i don’t mind risking, i risk my life every time i take an action, even if it’s driving my car

    47. Gravatar Icon 47 omar

      and thanks to Luc for helping

    48. Gravatar Icon 48 Airrick

      I guess no one knows the answer to my question above? If it should not pay out where does the money go …. and who gets it? Is this a question that the program co-ordinators …. plan originators won’t answer? Its such a simple question! Airrick

    49. Gravatar Icon 49 Lily

      Omar, There are 2 other open RPP’s that I know of,
      http://hci25.com/flashes/intro.html

      The other one I don’t have a link handy and can’t even remember the name right now, If you want to look at it, I can find you a link this weekend.

      I’m not a member of either one right now, one thing, I tend to think of are copycat scammers who think what an easy way this is for them to make money. Both the one mentioned above and the link I put in allow multiable plans per person.

    50. Gravatar Icon 50 Lily

      Airrick, If it doesn’t pay out I doubt anyone could truly know where the money went. What is said, the membership fee of 30 euros, pays for the operating expenses which include website costs, adminstration, office & legal fees. It also includes the banking solution which will include a debit card. I read a while back that they are processing each member as they sign up so they will have the basic paperwork ready and when they close and ask for ID they will just attach it to each members already completed paperwork.

      It would depend on why is doesn’t pay, if they really are doing what they say than the membership fees are being spent as they come in. There are probably a lot of things that could go wrong.
      If it was set up as a scam from the beginning, than they built the website, paid for hosting and can pretty much pocket a very large amount of cash as it comes in.

    51. Gravatar Icon 51 Luc

      Omar, you’re very welcome!

      I’ve heard about another High Yield LOAN Program called: Global Online Direct (not sure we are allowed to give a link but u can search on Google). I didn’t join this program and didn’t make any DD yet! I just review it from time to time.

      This loan program is operating in the area of online Auctions with over 700 different auctions and flea market sites.

      You can take the pick from the loan plan that suits you:

      ———
      President Plan: $500 - $5,000. earning .125% every banking day
      Diamond Plan: $5,000 - $10,000. earning .25% every banking day
      Platinum Plan: $10,000 and more earning .50% every banking day

      Each loan lasts 365 Days, then expires and you get your principal back. For example, on a $1,000 loan they pay 0.75% each and every business day. A $10,000 loan pays 1% per business day. At this rate, your money doubles about every 3.6 months.
      ———

      I can’t tell you for sure if it’s reliable but I’ve heard many good things about this business. They started on the 3rd October 2005 and they are still paying as stated… so far so good!

      Airrick, nobody can give you an exact answer to your question, I advise you to contact Global Pension support service: support@globalpensionplan.net and use your common sense.

      BTW, the membership of Global Pension Plan has grown to 43,138 recently which represents an increase of 1,785 members since Monday last week. The target is 100,000 members and almost the half has been reached so far.

    52. Gravatar Icon 52 Airrick

      Thanks Luc and Lily for your thoughts.

    53. Gravatar Icon 53 Luc

      You’re welcome Airrick!

    54. Gravatar Icon 54 Lily

      Luc, Global online direct is no longer accepting loans, (formerly global online depository.com ) I believe that includes no new loans even from their current members. HYIPD has a thread with more info. You are right about them still paying (so far) although they certainly take their sweet time.

    55. Gravatar Icon 55 Carl

      omar there is a program by the name of https://earnbyloaning.com/ebl/?ref=mrcarlhill that i think would be a a nice place to place your funds. EBL is a private lending program where THEY borrow money from you through a Loan contract. THEY are the very FIRST company of its kind that uses actual contracts to make your money the safest it has ever been on the internet. They have been on line for 406 days and have recently posted a interview with the owner on the site and can also be reach through skype and email. There is no magic pill, or, slight of hand tricks to this. It’s a very pure and simple process that some of the richest people in the world have done for over 100 years. There is only a small difference between you and those millionaires, and that is the fortitude to make the decision to make money and stick with your goal.

    56. Gravatar Icon 56 sharonsopinion

      Funny you should mention EBL. I’m currently researching them and interviewing a long time member. I plan to contact the owners early next week to do both a review and an interview in here…. Jude style. :)
      Thanks for bringing it up, Carl!
      - Sharon

    57. Gravatar Icon 57 Luc

      Thnx Lily for your information. I’m not sure but they’ve probably closed their door temporarily to new members and will re-open it later! I know that loan programs are doing this often.

      Anyway, it’s good to watch this program closely as long as they are paying!

    58. Gravatar Icon 58 Carl

      no prob Sharon. I’m pretty sure that u’ll find all the answers that your looking for

    59. Gravatar Icon 59 phil

      Very interesting posts - but can anyone here tell me how the gpp really works? If the 30€ are spent on administration, website…. where does the money they pay out come from?
      thx

    60. Gravatar Icon 60 Stell

      I would certainly me a waste of time for ALL the PROMOTERS of the GPP which in the THousands and of course loss of credibility and this matter being reported to the authorities ….now if it pays I will eat my thong …sorry I dont wear bra …

    61. Gravatar Icon 61 Phil Christie

      Someone has asked where the money comes from to pay out everyone. It’s quite simple really.

      Click the following link for an explanation http://www.teaminvestments.com/gppme.pdf

      No guarantees it’s going to work but at least you’ll understand the mechanism!

    62. Gravatar Icon 62 Fritz

      Hi everyone,

      the main reason why GPP developed slowly (start May 2005) is that the offer is unknown to the general public. In former times (before the internet become a success) the rich worked with it only. It was a so called insider money making machine. When I bankrupted in ‘82 I went to a friend of mine who had a top level position in an insurance company to sign up a few contracts like GPP offers allowing me a restart on a much more comfortable basis. This is still no business for your agent right the corner.
      But the Internet plus a minimized computertechnique combined with high sophisticated software changed the basics of investment. Look at the hyips. They offer an opening payment of $ 1.- Unbelievable low. Earlier they asked for $ 5,000,-minimum.

      Back to GPP. A chinese factory owner gave it a shot. He poured in 10,000 workers after 5 month of negotiations. The fact that he contacted GPP and not the reverse, gives this program more legitimacy then ever before, in my opinion. Do you see the difference to all tiny minded people who want to to do business but are afraid of a loss of 30.- Euros. Hey guy’s leave this forum and others and spend your time and money at McDonald’s.

      There are two additional facts counting. Finance analysts see the $ as a week currency (already for 50 years) in the next decade. To avoid losses the Investment branch switched the basic dollar to stronger currencies like British Pound, Swiss France and Euro. Secondly the investors parted the compensationplan due to the younger average age of members. This alone makes clear here are real human beings working, experienced persons with foresight.

    63. Gravatar Icon 63 Stell

      Fritz :

      You should Look up the Chinese Company who signed 10K people see for yourself if the company exist ….I have contacts in china , NO COMPANY .

      The problem with folks is …belief is an interesting phenomena .

      If this is for real ….what makes you think …The President of the Company
      ….will really give the employee the entire $55K EURO , I ASSURE YOU THE EMPLOYEE has to give a large portion pack to the President ….I know how the chinese think ….

    64. Gravatar Icon 64 Double D

      I spend $2 per week on the lottery. That’s $104 per year. I’ve been playing for 12 years. That comes to $1,248.00.

      Have I won the jackpot? NO!! Do I continue to play? YES!!
      Why? I have HOPE. Do I expect to win the $70 million? No, but
      wouldn’t it be nice.

      I am in the GPP, and I’m glad I did it.

      Will I kick myself and lose sleep if I lose my $40? No.
      Will I kick myself and lose sleep over the loss of 55,000?
      OH HELL YES!!

      Double D

    65. Gravatar Icon 65 Luc

      I’m agree with Double D and as the dicton said: “Take it! or Leave it!”

      People who are not ready to spend $35 are not forced to join!

    66. Gravatar Icon 66 Stell

      DoubleD / Luc :

      I totally AGREE ..35 is nothing in bigger scheme of things , if you only paid for yourself OK ….imagine for the FOLKS who recruited THOUSANDS UPON THOUSANDS TO JOIN GPP ….will they kick themselves and lose sleep ? maybe ….. I know they wont have any friends ….this is whole diff. bowl of wax ….if you yourself bet fine …..

      nevertheless …perhaps I should throw in my $35 just for th hell of it !!!

      cheeers

    67. Gravatar Icon 67 Fritz

      Hi,

      Stell,

      the question is how good are your contacts in China. Possibly they were just unlucky with their efforts.
      China is not well organized and of less transparacy in many matters.
      I am wondering about your thoughts whether the workers will get the money. Why not? Who else cares?
      This point of view does not touch the seriosity of GPP.
      For better understanding, here is what really counts:
      The insurance branch has one magic word: life insurance. Every single year again all companies are in a competition.
      An increasing rate of life insurances p.a. brings more reputation for their presidents and put the company’s image on a higher level

      Therefore GPP’s program was analyzed by a german competitor, one of the biggest players in this field worldwide. Afterwards they launched a similar program with higher targets (150,000 contracts) last December. And they want to make it quicker than GPP.
      Everybody is allowed to purchase as many contracts as he wants. 30,000 contracts are already sold. Estimated program end is December 2007.
      If you are interested feel free to use my referral-link http://www.pww4you.com?c=en&id=123680

    68. Gravatar Icon 68 Luc

      Your pww4you program sounds good too but I wonder one thing:

      The members of GPP are limited at 100,000 members and we are all seeing it takes time to reach this target. The target of pww4you is higher: 150,000 members with a higher fees ($50 instead of $35 in GPP) so how pww4you could make it quicker then GPP? Do they have a more agressive marketing system?

    69. Gravatar Icon 69 phil

      does anybody know what happens to the insurance after you get the money?
      Did i get it right that the partners of gpp take over your contract? After the mortgaging someone has to pay it back - so who does this? If the trust partners have to pay back 120 000 $ but only get 24000$ - where is their advantage?

      I just wonder if this program will leave any disadvantage for me as a member: won`t it be pretty negative if every member has an insurance with a mortgage of 120000$ against it? If those insurances carry your name, no bank would give you any money.

      I would appreciate if anyone will help me with those thougts.

    70. Gravatar Icon 70 Fritz

      Hi phil,

      I have solution for you. PWW4y offers online-conferences in english where everybody can ask questions for a better understanding of the program.
      Tonight is a chance for doing so.

      For international guests and members:
      Monday 4pm EST / 21 GMT /22 MEZ
      Wednesday 9pm EST / 2 GMT / 3 MEZ
      Wednesday 11pm EST / 4 GMT / 5 MEZ
      Thursday 4pm EST / 21 GMT /22 MEZ

      Send me your e-mail address to email and I will send you the conference.exe file (357,5 KB) for installation at your desktop.

    71. Gravatar Icon 71 Fritz

      Hi Luc,

      your right they are more aggressive. PWW has very strong downlinebuilders in its rows. The company support is really great and they offer online-conferences in several languages. The program itself is really agressive. Remember you are allowed to by as many contracts as you can pay for. And at least this is also important: for building a downline you earn commissions too. You will get $3.- for each person in your first line and $7.- for the people in your second line with monthly payout.

    72. Gravatar Icon 72 Luc

      Thnx Fritz! Yes, I’ve read that the VIP-members got their downlines very fast. I’ll review this program regularly!

    73. Gravatar Icon 73 Lily

      Why would the President of the Chinese Company not give the 55k to his employees? I’m sure he signed himself up first, so the rest fall into his downline. With over 10k in a downline at 2k each, the payout to each employee is peanuts compared to his referral money. They (the employees) also have to sign documents which will state that they are selling the mature value of the policy for payment now, how could an employer demand that money from them.

    74. Gravatar Icon 74 willer009

      TIME-LINE FORECAST

      Monday 2nd April 2007, 0900hours GMT
      Member Count: 46,629
      Members joining this week: 1,862
      Members who joined last week: 1,864
      We forecast the time to reach 100,000: 22 weeks (September)
      Available ‘Compensation’: €2,935,405,000
      Available ‘Loyalty Rewards’: € 1,280,904,000
      ‘Loyalty Rewards’ earned/accrued this week: € 44,688,000

      30 EUR to join, 55000 EUR to gain!

      To join the program, click here:

      http://www.globalpensionplan.net/?id=Willer009

    75. Gravatar Icon 75 LizL

      I understand that the 30 EUROs have to be paid immediately? That means that by the time they reach the 100,000 members they’ll have already received 3,000,000 EUROs in advance without delivering anything. Probably they’ll be gone with the wind as soon as they’ve reached the 100,000.

      But even if they don’t, the financial risk you are running is much higher than only those 30 EUROs that you are thinking of. What’s even more serious is that those who signup will have to authorize them to borrow money on their personal insurance policy. The idea behind this system is that the loan will be used to pay off the premium and fees in advance, and the rest will be paid out to you.

      Okay - I haven’t seen the contracts. MAYBE everything IS safe for you. I know that this system works, and that it can be done - theoretically…

      But the big question is if they are really honest with you.

      What if they don’t pay off the premium as promised?

      What if they take all the money and run?

      Then maybe it’s YOU who are liable for the insurance premium, depending on the contracts, plus eventual interest, and you are going to pay it off all the rest of your life without ever seeing a dime!

    76. Gravatar Icon 76 Lily

      That doesn’t hold any water, first of all we are not authorizing a loan in our name, and probably most people in this program wouldn’t be approved for a unsecured loan of that size.

      It’s an insurance policy so if the premiums were not paid the policy would be terminated. They are not paying monthly premiums, they are paying the total amount up front, we are just signing away our rights to the mature value of the policy for an upfront payout. If they don’t pay for the policy, the policy simply won’t exist.

    77. Gravatar Icon 77 Mokédé

      Thank you for your post Lizl!!!

      Exactly what i wanted to say. sounds more like long term con to me.
      i can actually imagine that this is the idea of a small group students freshly coming out from university and with a lot of ambition. The fact that this is in Lichtenstein makes the whole thing even more suspicious.

    78. Gravatar Icon 78 Fritz

      Hi Lily,

      well done. There is nothing more to say.

    79. Gravatar Icon 79 Luc

      This conversation is very interesting but in order to avoid to scroll down this long thread, I’ve post a new topic so that you can continue here: http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/

    80. Gravatar Icon 80 willer009

      Don’t know if this has already been posted once, but here is a short explanation what it is all about:

      The Pension Plan Mechanism
      ————————————
      It’ all a question of timing and co-operation.
      Once the 100,000 registered qualifying membership is assembled, the Insurance Company will issue 100,000 pensions, each worth 200,000 Euros and with a total value of 20 Billion Euros, to the registered qualifying members – those under 66 years of age. Practically, these will be issued to the Trust Partner on behalf of the 100K qualifying members, so that the Trust Partner can mortgage/raise a loan against these valuable pensions for 60% of their value, 12 Billion Euros. That is the big picture.
      So your pension is worth 200,000 Euros. The Trust Partner raises 60% of its
      value by mortgaging/borrowing against it, i.e. 120,000 Euros. By agreement with the Insurance Company, the Trust Partner is allowed to delay paying for the pension until the 60% mortgage/loan is raised against each pension. Having raised the mortgage/loan, the Trust Partners immediately pay the Insurance Company 41,000 Euros, the single and only pension premium for each Pension Plan – 4.1 Billion Euros.
      120,000 Euros – 41,000 Euros leaves 79,000 Euros.
      The Trust Partners then pay each qualifying member 55,000 Euros to purchase from them their pension plans. At this point, all benefits and liabilities, including the liability to repay the mortgage/loan, pass to the Trust Partners. The Trust Partners now own outright each qualifying member’s pension plan.
      79,000 Euros – 55,000 Euros leaves 24,000 Euros.
      Consider this as the marketing budget, to locate and sign up each qualifying
      member. The Trust Partners decided that they wished to assemble the
      membership via MLM/network marketing, as this would be faster and not involve them raising their own staffing levels, overheads, office accommodation, etc., for this one-off transaction.
      So, having decided on MLM, they were able to offer a very generous 2,000 Euros Loyalty Reward for the sign up of each member, whether they qualify for the Pension Plan or just participate in the Loyalty Reward Scheme. The 24,000 Euros budget also enabled them to carry this through 12 levels of downline, to enable the marketer to create momentum in his or her downline and thus assemble the 100K membership as quickly as possible.
      I am sorry that the above explanation is a bit long-winded, but it is very
      important that you understand how clever and innovative this transaction is and how we can each benefit from it HUGELY, at 2,000 Euros per sign-up.
      The £23 is just a membership registration fee, which presumably helps to fund the admin., including the software consultants who support the websites. I hope that this satisfies you and opens your eyes to the potential of this creative plan.
      By the way, the Trust Partners receive 8 Billion Euros gross, over time, enabling them to repay the mortgages/loans with the funds from matured pensions. This is the remaining 40% of the 20 Billion Euros total value.
      Even the disbursement bank wins by gaining 100K new accounts, some of which are substantially funded.
      Everyone wins!

      http://www.globalpensionplan.net/?id=Willer009

    81. Gravatar Icon 81 Mac

      With a HYIP the scammers have to immediately pay out money in order to encourage new money into the system. With a reverse pension plan they dont and so just have to keep up the appearance of increasing the number of members, giving away free cars (HCI25) and can go on and take money in for a year or two easily.

      Perception is reality - if they look like a legit business and have reasonable explanations of how the system works and appear to be growing - “The number of investors went up by 2000 last week.” Err, How do you know? You know someone changed a nubmer on a website but is it real? Or does it just look real? then they are perceived as being legit.

      All it takes is an above average IQ and a computer and hey presto money starts coming in every day, 30 Euros at a time.

      Why so little? How many of you would invest if it was 500 Euros per contract? It’s far easier to sell a contract for a smaller amount and bet that people are willing to risk that amount of money, rather than have to prove to people you are legit beyond all doubt in order to get them to hand over alarger sum of e-gold .

      At the end of the program, wrapping up the paperwork for 100,000 people will take months, maybe a year - which is plenty of time to make the money collected disappear. And, also gain a new revenue stream . . . they’ll have access to personal information on 100,000 people.

      If they ask you for your address, bank account number and copy of your passport will you give it to them? You wouldnt give it to a Nigerian con artist, but what makes you think you can trust anyone involved in running a reverse pension plan???

      With this information a serious scammer can make far more than 30 Euros out of you.

      Finally, does anyone really, honestly think that the insurance companies would allow this type of thing and not investigate it at all. No alarm bells will go off at having 100,000 insurance policies issued in a short period of time? They’ll happily pay up on 100,000 policies worth billions of Euros?

    82. Gravatar Icon 82 Albert von Straff

      Hallo to all ivestors.

      I am happy that a lot of people like to make money on a very simple way. To pay 30 or 35 Euros is really not a lot and even if the people who had the idea for globalpensionplan take the money and run away with it,- it is not a big loss because, each and every member knew his risk.
      So I wonder why so many people are giving their bad comments to the programm? At the end of the day the join it anyway because, they are scared not to get a part of the big cake for only 30€ to 35€ as the risk.
      From my point of view it is very simple:
      €€. The people from GPP count exactly on this system, …can I affort not to give it a try for little money to make a more or less big deal?
      I myself have only three ( 3 ) questions:
      1. If the GPP people are specialists in ivestments the should aim to finish as soon as possible the programm because, their ” Billion-Dollar-Investor ” wants also his profit and why should he wait and loose every day thousands of Dollars of interest because GPP is unable to speed up and close with 50.000 members and re-do-it again right after with another 50.000. The second 50.000 will be done in no time subject to payment of the first 50.000. Am I right?
      2. Why does not exist an attorney or a trustee who can be verfied. A person or a company,- even off-shore,- no problem just to give a good reputation. Also this would speed up the programm. Am I right?
      3. GPP can inform the members to vote a “Speaker” for every 5.000 members makes 10 or 20 ” Speaker” who will inform the members correctly. Should not be a problem to let 10 or 20 people look into the dark of GPP. Am I right?
      Kind regards
      Bert

      I myself have only three questions:
      1. Why don´t they stop with 50.000 members and re-do-it immediatly again? The second 50.000 will be done in no time!!!
      2.

    83. Gravatar Icon 83 optimist

      I have joined GPP. The entry fee cost me less than a good night out which only gave me a headache the next morning. This probably is a scam but it is a good one, the people who thought it up have done their homework and produced a professional looking website, with a forum that needs regular contributions and monitoring with a moderator, which will have cost time and money to set up, so if they do run away with my joining fee at the end of the day, they will at least have had to work for it. On the other hand, if it is genuine, I will get an amazing return on my money for doing nothing. For all those saddo’s out there who are worrying themselves into finding catches or trying to put others off joining, get a life. This is a bit of fun. If you can’t afford to lose the money then don’t join. Look at it in comparison with gambling at the races. You put your money on a horse and spend a few minutes getting excited during the race then, when it is over you are either happy or determined to do better next time. You then go off and put another wedge of money on the next race and go through it all over again. At the end of the day, you have probably lost about ten times the amount you originally set out to gamble - that it is the nature of the beast. With GPP the race goes on for months, even years and you can get the anticipation of winning over a long period, without having to keep reinvesting your stake. At the end you will either get the high of a great return for little investment or the temporary low of losing a few euros. Not enough to even give you a headache. You can also amuse yourself over a long period by reading all the comments in the various blogs and forums. Some of the comments make you wonder where these people come from. Just relax, join if you want to, don’t join if you are worried about it or can’t afford to lose the stake. Have a bit of fun.

    84. Gravatar Icon 84 Luc

      Sorry for my last post (above), I didn’t intend to put it here. It was addressed to another topic.

      If you want continue this conversation, you can go here: http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/

    85. Gravatar Icon 85 sharonsopinion

      HI Luc,

      Since you mentioned that the post isn’t for this thread and you did post it in the correct thread, I took the liberty of removing it from here. I only did so because you said you didn’t intend to put it here.

      BTW, thank you for that post. I appreciate your insights.

      Thanks,
      Sharon

    86. Gravatar Icon 86 Tina

      optimist, I love your spirit!

      “This probably is a scam but it is a good one, the people who thought it up have done their homework and produced a professional looking website, with a forum that needs regular contributions and monitoring with a moderator, which will have cost time and money to set up, so if they do run away with my joining fee at the end of the day, they will at least have had to work for it.”

      Just reading this makes it worth to join!

      Tina

    87. Gravatar Icon 87 Double D

      Right On Optimist! I was getting ready to post the exact same thought.
      If this is a scam, it is a brilliant one. If GPP walks away with our $3,000,000.00, I’ll just shake my head and smile. They will have made a lot of money without really destroying anyone. We all know the risks. All of you negative folks out there need not waste our time with your comments. Just move on and rain on someone else’s parade. Keep frowning under your dark cloud. No matter how this turns out, the sun is shining in my world and I’ve had fun…and more hope and optimisim than I have had in a long time.

    88. Gravatar Icon 88 Lily

      Albert, I can answer question # 2

      Now that GPP has over 50k members, can you imagine how many emails, letters and phone calls that person ( and their office/ company ) would get daily? Not to mention there would be several people who, if they didn’t get their answer in less than a day, would march right over to some government authority and report them, causing this person/company even more grief.

      I can tell you that another, totally different type, of investment company with a private membership gave out their intended banking information to it’s much smaller membership ( less than a couple thousand members) The banking company was so overwhelmed by emails, phone calls, stupid questions about banking, taxes and what they should name their dog that within 2 days they canceled their pending contract, which they stood to make a lot of money on.

      The other questions, ?

    89. Gravatar Icon 89 Luc

      Thnx sharonsopinion for removing my previous post. I asked Jude to remove it before but that fine you did it already. And thnx if you appreciate my insights, I like your comments and researches as well. Keep up the good work!

      Again the other thread abt GPP is here:
      http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/

    90. Gravatar Icon 90 Albert von Straff

      Hallo to all the specialists.

      I enjoy it to read all your comments and it is very interting what´s comming up and of cours the ideas some people have.
      Just to let you know I am 63 years of age and half of my live I was in finance business.
      Since some years some friend and myself living in the sur of Europe and we are still doing the same investments:
      Each and every month 25%. It is not a lot but it works!
      I absolutely agree with spending 35 Euros for GPP but it is not wors to talk about it any more because, this system exists but it belongs to the people to let it work correctly.
      So good luck and bye now.
      Bert

    91. Gravatar Icon 91 Dan USA

      Is it to much to believe that honest business men are still out there & that everyone can make money & keep the Gov.& there rules to thereslves for a change cus you can bet when they get wind of this there going to want there share. I agree if this is a scam they sure made it look good & professional. Boy I hope it works I can sure use the boost!

    92. Gravatar Icon 92 Luc

      Albert Von Straff, you have the chance of finding a good a good business investment, it’s NOT the case of everybody. So try to understand the doubts of many online investors, there are so many scams out there that it’s normal they have some doubts. Better to be too cautious then NOT enough.

      You can continue the conversation here also:
      http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/

    93. Gravatar Icon 93 DD

      There are more than 50,000 of us now. Just imagine if we each just signed up one more member, we’ll hit our goal THIS WEEK!!!

    94. Gravatar Icon 94 Patrice Mokédé

      Albert von Straff wrote the following earlier in this thread:
      >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

      Yes brother you are right!

      I can also read that the plan has reach over 50000 now. GPP started may 2005 so it doesn’t impress. at all. remember if it reaches 99 999 there will be no pay out and the money paid in will be lost.

      All the best

      PM

    95. Gravatar Icon 95 Luc

      This is the latest update:

      ******

      Monday 30th April 2007

      Member Count: 53,402

      Members joining this week: 1,701

      We forecast the time to reach 100,000: 21 weeks (September)

      Available ‘Compensation’: €2,562,890,000

      Available ‘Loyalty Rewards’: € 1,118,352,000

      ‘Loyalty Rewards’ earned/accrued this week: € 40,824,000

      ******

      More update coming later!

    96. Gravatar Icon 96 Luc
    97. Gravatar Icon 97 ZeRuKeSu

      Hi all..

      I’m already into the GPP,but one thing that i cannot understand is why it takes 100 000 persons to get it complete.

      Why not 10 000 persons ?? that would have been completed after like 2 months..

      Because i cannot see any reason that anyone could make less earnings since the faster it takes the faster anyone will invest and of course earn money.

      So the insurance company would start earning ROL a whole lot sooner.

      So if anyone have an answer to this..please let me know..

      ciao

    98. Gravatar Icon 98 opie999

      “remember if it reaches 99 999 there will be no pay out and the money paid in will be lost.”

      Patrice, what leads you to this conclusion?? There’s nothing in Stella’s announcement that indicates *what* exactly happens if the goal isn’t reached by the new deadline.

      You’re describing the worst case scenario, but there are at least two other possible outcomes:

      1. GPP proceeds with payouts based on the member count, e.g. 99,999, as of the deadline.

      2. GPP refunds all members.

    99. Gravatar Icon 99 eternal optimist

      To all of you out there…

      You don’t have to be a pessimist to realise that this IS a scam and will never work. Stop kidding yourselfs…

    100. Gravatar Icon 100 Luc

      eternal optimist, it’s your right to believe what you want BUT when you claim this program is a scam, pls give arguments or “eventual” proofs. It’s so easy to yell scam just like that!

      So pls, next time, don’t post if you don’t have any information.

    101. Gravatar Icon 101 shahif

      Please read here for GOOD news http://goldentalk.com/t19030-10-56.html

    102. Gravatar Icon 102 Iamrich

      What does this offshore Banking solution mean? See, I want to go in with my three-year-old’s name for the benefit of the double amount. Will I be able to withdraw the money, the 55000 euro plus whatever downline I can manage? I don’t about anybody else but I have a gut feeling that they will pay.

    103. Gravatar Icon 103 Luc

      Iamrich, there is no minimum age for participation, therefore you can buy all your kids and grandkids a Plan for a one time outlay of €30 EUR. However, the maximum age for collecting the €55,000 Pension Plan is (as u may know) 66 y.o.

      For a better understanding of the program, you can go here:
      http://www.globalpensionplan.info/globalpensionplan.html

    104. Gravatar Icon 104 Iamrich

      Luc, I have understood that much from GPP website and forum discussions. What I want to know is what is meant by banking solution. I don’t think GPP will give us cheques in Invidual names or credit individual e currency accounts. Then how will they pay? May be I am a bit dense but that is what forums are for.

    105. Gravatar Icon 105 Yeaaaargh!!!

      Yeaaaargh!!!

      That’s the sound of the last person who was duped by a Multi-Level Marketing (MLM) scam. As a general rule, MLM is nothing more than a way for one person to get rich quick at the expense of others.

      It works like this: A mastermind recruits ten or so people to sell a product. They each buy stocks of the product and each find ten other people who are willing to sell it on. They find ten other people who are willing to sell it on, and so on. At each level, a commission is passed back to the previous level.

      If you work it out, most of the blurb for these schemes entails you - yes, you - becoming a millionaire within a year. But look closer. Normally the total figure that’s quoted for ‘overall sales at all levels’ is larger than the GNP of the United States, or Indonesia’s national debt. In reality, you will shell out a lot of money into someone else’s pocket, and get nothing in return.

      Like most ‘get rich quick’ schemes, Multi-Level Marketing is nothing but a con.

    106. Gravatar Icon 106 Airrick

      YEaaaaaaaaargh!!!!!
      NO thats the sound I made when my ex wife got MY house that I OWED before I met the adultress …… also the sound when I directed my Financial planner to purchase RIM shares when they first came out Reseach In Motion the BlackBerry company, and he didn’t I lost minimum One Hundred Plus Thousand dollars ……..

      Yeaaaargh is the sound I make when I see ALL the little businesses shutting down, because of the franchises, the few getting richer yet again.

      Why do you not flap your opinion about them Yeargh!!!!

      MLM is the common mans way to get into business, have taxable write offs, which working stiffs do not have. ( any one not in a home based business is paying toooo much tax, that my friend is why the Home Based Business is exploding like it or not!!! It is the ordinary mans way to Franchise Him/ Herself like Wal-Mart, Costco , Mcdonalds or any other big company …….. slam them!!! They are not all good or ethical companies. Look at the devastion that WORLDCOM lost money for investors, Hemmmmm but thats different ain’t it

      MLM replaced what I lost to my ex, I have quit my job, bought a Lexus, work when I want ……… all the same things every human being wants but only the rich that control big business at the expence of others ( little business people trying to make a honest living but can’t seem to get ahead.

      The reason some MLM fail is #1 because you failed yourself, can you become a brain surgeon without being a student of the industry you want to enter into ……. you’d fail!!! Most people enter into MLM without learning the basics, or how to succeed in this type of industry, so you’ve set yourself up for failure. Then bash the MLM industry as a whole.

      I take it your or your wife/ husband tried one of these things and failed so it was a scam ……… hemmmmm

      #2. you pick the wrong company, product no good or more importantly the Ownership or leadership was no good. Many traditional businesses are EXACTLY the SAME poor products and management equal FAILURE!!!

      The real scam is people letting themselves down, and not doing enough, to be where they want to be.

      MLM is not a scam as a whole, the scam are the masses that join unprepared to learn the industry / business they just entered and all those set up to fail will go on and on to scream MLM is a scam and I’m living proof, I’ve been duped again.

      You have your opinion from a failed MLM experience and I’m giving you Mine from a place of a good company with great product with work on my part to learn the industry equals success.

      Airrick

    107. Gravatar Icon 107 Yeaaaargh!!!

      Airrick

      My opinion is NOT from a failed MLM experience. It is based upon pure common sense and an hour or two of diligent online searches. If I am able to enlighten just a few naive MLM participants with my ‘opinion’ as you put it – I prefer to call it the ‘TRUTH’ – then maybe others will do the same. I like to think of this principal as the ‘reverse pyramid scheme’. Collapse the scam before it draws in too many gullible people.

      Also, for your info, I have not and do not wish to enter into any MLM, PONZI, PYRAMID or NETWORK MARKETING scam. My business is far removed from this shady world and I intend it to stay that way.

    108. Gravatar Icon 108 zerukesu

      These kind of debates is always nice to read ..its very useful to all kind people.

      Both those who never join these kind programs or oppurtunities and those who join every single one ..

      You both have partial right in what you want to say to us.

      There are of course alot of scams out there ,trying to fool people and get away with our cash..

      but still there are a lot of MLM,HYIP’s,ponzi’s that can generate cash in hand.

      And about GPP,i have joined myself with my family becasue i know these type of opputunites works(but i cannot guarantee that this will).

      And those i have read about never had 100 000 limit ,they had like 50 k or 75 k..?
      so right now i’m not sure we will see any cash in hand but still i think its too cheap to resist not to join ..
      i know my chances when i bet on sports or buy lottery tickets..

      So for me its just to wait and see..

    109. Gravatar Icon 109 Yeaaaargh!!!

      come on people look at what YOU are saying:

      zerukesu quote:
      “but still there are a lot of MLM,HYIP’s,ponzi’s that can generate cash in hand.”

      That isn’t legitimate, that is stealing. If you do generate any income from a PONZI etc. that money comes directly from those further down the pyramid. From people who never get a penny but believe so wholeheartedly in the system they will unwisely invest in the next “get rich quick” scam.

      zerukesu quote:
      “i’m not sure we will see any cash in hand but still i think its too cheap to resist not to join.”

      Well, with such a careless attitude you are ‘hook-line-and-sinkered’. Another 99,000 like you and the scam is complete!

      STOP LINING THE POCKETS OF THE SCAMMERS AND START BAITING THEM.

    110. Gravatar Icon 110 zerukesu

      Yeaaaargh!!! quote:

      Well, with such a careless attitude you are ‘hook-line-and-sinkered’. Another 99,000 like you and the scam is complete!

      If you can read i wrote that i know these type of policies works,but i cannot guantee that GPP will..that was my so called”carless attitude” in your belief.

      You can never guarantee that an investments is safe,and you can not say that you can trust a company to 100 %.
      so there for if i believe that this is doable and i invest 100 euro,i will not feel bad if i lose it .
      because it my own free will to do this and if i get fooled they have earned it to take it from me..

      I’m not gonna go under because of 100 euro..

      So if you believe that you have some important message to deliver thats okay as long as you dont jump on anyone else..

      its a forum for everyone to express their opinion not to create anything else

    111. Gravatar Icon 111 Lily

      Everyone who joins (not invests) in GPP should know there is a chance, a good chance, they will never profit from joining. I believe it will be very good that they will now close in August and papers must be submitted in a one month time frame.

      As far as all the speculation goes, at christmas time this year, one of the groups gets to say I told you so.

      BTW ,talking about MLMs, far to many people join, pay their membership fee and expect to become “rich” with little or no effort on their part. There are many scams out there but there are also many good MLMs that people can join, work hard at and earn an good living in time. The key Phrases “work hard at” and “in time”.

    112. Gravatar Icon 112 Luc

      Due to e-gold problems recently, GPP is now offering a variety of manual payment options.

      Pls, read the latest News from Stella below:

      ***********************************************************

      “The new payment methods

      I have been working on these new payment methods since the unfortunate news from e-gold/1mdc to make it as easy as possible for you to sign up new members. I hope they help you!

      You can pay multiple membership fees via any of the following payment methods. That’s even recommended, as there are always some handling and transaction fees involved. So, to keep the additional expenses as low as possible, you might want to pool several membership fees and send them as one payment through the preferred payment method.

      Please follow the payment instructions precisely. If you fail to follow them, it’s highly possible the payment arrives late or short, or it doesn’t arrive at all.

      It’s important to notice, that making the payment through any of these more conventional methods makes the sign up process slower. I will sign up the new members manually only when the funds have arrived and cleared. So, if you choose one of these payment methods, the new member won’t immediately appear in your downline, as happens when signed up through e-bullion.

      This information must not to be published! You are allowed to use it yourself and share with your downline, but please don’t leak it to the outsiders.

      Please, send the payment information to support@globalpensionplan.net.

      Thank you!

      Wire Transfer

      Please note:

      - you must follow the instructions exactly, otherwise the wire won’t arrive to our bank account
      - wires in EUR only
      - add 10EUR on top of every wire you send to us to cover the fees our bank deducts
      - use the exact Reference Number (5512881-19) in every wire, or else your wire will be delayed or even lost
      - after you have sent the wire, please email us the full details including the amount sent, the name of the origin account and the transaction number alongside with the new member info (username, password, name, email, referral code)

      DEPOSIT INSTRUCTIONS FOR EURO

      Beneficiary: SOCIETE GENERALE DE GESTION S.A.
      IBAN: EE52 0000 0093 2001 8540
      Beneficiary’s address: Tallinn, Estonia
      Beneficiary’s bank: TALLINN BUSINESS BANK LIMITED
      S.W.I.F.T.: TABUEE22
      Address of beneficiary’s bank: Estonia pst.3/5, 15097 Tallinn Estonia
      Intermediary Bank: Deutsche Bank AG, Frankfurt / Eschborn, Germany
      Acc. No. 947 4859 10
      SWIFT: DEUTDEFF
      Reference: 5512881-19

      Cheque

      Please note:

      - cheques in EUR only
      - clearing cheque costs 1.5% or minimum EUR15. Please add the cost on the top of the payable amount
      - after you have sent the cheque, please email us the full details including the payable amount, the name of cheque book holder and the ordinary/cheque number alongside with the new member info (username, password, name, email, referral code)

      The cheque to be addressed to:

      First Oceanic Trust

      Memo: Acc. 5512881-19

      Mail the cheque to:

      BCM Drawbridge House
      27 Old Gloucester Street
      London WC1N 3XX
      England

      Western Union

      Please note:

      - after you have sent the payment, you have to send us the exact details of the sender (name, address, phone, sent amount and MTCN - this is the number that WU will give you as a secret code) alongside with the new member info (username, password, name, email, referral code)

      Address the payment to:

      1) To country: Latvia
      Receiver: Inara Astica
      Address: Gertrudes 15-31/35
      City: Riga

      or

      2) To country: Latvia
      Receiver: Oksana Snetkova
      Address: Gertrudes 15-31/35
      City: Riga

      or

      3) To country: Latvia
      Receiver: Ivita Vingra
      Address: Gertrudes 15-31/35
      City: Riga

      EUR 5000 is the max. amount a member can send with WU to Latvia
      USD 6000 is the max. amount a member can send with WU to Latvia
      LVL* 5000 is the max. amount a member can send with WU to Latvia

      * This is the best currency to send money to Latvia in. (1LVL app. = 1.42EUR)

      Please use different names to different transfers (for example 1. - Inara Astica, then 2. Oksana Snetkova, then 3. Ivita Vingra, and again from the start- 1.2.3…) in order to avoid the big quantities sent to one and the same person. For example, if you send a Western Union payment to no 1 last week, then send it to no 2 this week and no 3 next week.” - Stella

      ***********************************************************

      Now am not sure we’ll reach 100,000 members on 31st August 2007 cause since the e-gold problems last week, new sign ups have dropped almost 50% with just 767 members have joined in the last seven days.

      I cross my fingers!… Let’s wait and see!

    113. Gravatar Icon 113 Patrice Mokédé´

      THIS IS A BIG SCAM

      ESPERANZA LIMITED

    114. Gravatar Icon 114 Patrice Mokédé´

      I’ve heard that there suppose to be a pay-out to around 10000 ppl at the end of April. did they receive their money???

      I will recall what someone said earlier. it is not the plan but the people. the people behind the plan that will corn you.

    115. Gravatar Icon 115 Luc

      Patrice Mokédé, I don’t know where you got this information but I think you’re talking about another business. The admin of this program never said they’ll pay 10,000 people at the end of April.

      Here, payouts will be done only after we’ve reached 100,000 members (NOT 10,000), we’ve reach a bit more then the half so far and the deadline is on the 31st August 2007.

      You have to read this thread carefully before you make such comments.

    116. Gravatar Icon 116 PM

      Nothing comes easy. Why should this be such an easy way to get money? other than some has a good plan to make money i don’t see anybody else receiving anything. The planners has a very good plan in did. There is no crime, Yet. and the time the plan is over the 3 million euros will be gone if they reach 100.000 ppl. if they don’t reach it well they’ll receive quite a lot of money anyway. this is actually like a big lottery where only one kind of ppl joins. funny. almost like TV-shop. is there ppl still bying this?

      i am laughing in advance :)))))

    117. Gravatar Icon 117 DD

      BUT IS THIS REALLY TRUE, ISN´T IT JUST A SCAM?

      ‘To get €55,000 for a fee of just €30 sure sounds too good to be true’. But please note that it is not the €30 administration fee that is invested as this amount is simply to cover the costs of running the program. It is NOT the administration fee that is supposed to grow to €55,000 in the time needed to bring the program to completion. The payout of €55,000 is included in the amount that the Bank is investing. So these funds already exist - they come from the reserve funds that the Bank has that are set aside to buy real estate and the like. Trading with Endowment Policies has been going on for many years. The program that I have been involved in prior to this one was successful and paid out as promised. The Bank behind this current project was involved in the first program as well, and has experience doing this very same thing before. Observers of this current opportunity who have years of business experience think that this second program also looks very promising. The support team and the technicians are developing the system all the time and always do what they promise to do. The openness they have shown to the current members tells us that the staff are both professional and serious.

    118. Gravatar Icon 118 shahif

      DD, may I know what’s the name of the program that paid? And also what’s the name of the bank? If you can’t mention the names here, may I know how I can contact you?

    119. Gravatar Icon 119 Sophie

      ICC (the one supposed to pay end of April but still updating) and e65 (going on 7 years) (sp) have still not paid out, if one of these RPPs HAVE actually paid, please post this info.
      Thanks.

    120. Gravatar Icon 120 Luc

      Sophie, this program will pay when we’ve reached 100,000 members. The deadline is on the 31st August. At the last count, the GPP membership has grown to: 55,629 ( 1,420 members in 1 week).

      Please, go here for update:
      http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/

    121. Gravatar Icon 121 Gina

      Luc, if I may ask…….how do you know GPP will pay when its reached 100,000 members? Are you 100% sure that they will pay?

    122. Gravatar Icon 122 Luc

      Gina, Nothing is granted in life. I never said that I am sure at 100% this program will pay. NO program online are sure at 100%… NOT a single one. There’s always a risk… it’s a part of the “game”… Not because ALL programs on internet are SCAMS (some are NOT) but because the risk is inherent to every online/offline businesses.

      Now ask you this question: “Would you be willing to lose only €30 for the opportunity to earn €55,000 minimum?” If NOT, so pls, don’t invest here. Nobody are forced to join this program.

      However, I consider this program more reliable and trustworthy than most of the programs online. It’s outside of the HYIPs or Surfs arena and when you fully understand how does this program work and how powerful this concept IS, you’ll see that these high returns are possible and can be reached.

      Hope that help!

    123. Gravatar Icon 123 zerukesu

      Not really sure what the reason is to set a deadline to 31 Of AUG??

      for me it seems like they dont want to reach the 100 K limit so they have to pay out,instead they can say to all members that have paid in 35 euro that sorry guys we didnt reach the set limit of 100 K and take off with the 99 999X35 euro

      But thanks for the contribution of 35 euro to our contempt will be their final words

    124. Gravatar Icon 124 Albert von Straff

      Hallo everybody,
      hallo luc.
      I was traveling and some friends of mine made a trip to UK, to “look around”. As I can read above there are still a lot of people wondering about GPP if it is good or not
      scam or not ect.ect…… . My friends and myself found out some other interesting “stuff” which I must tell you and all the other people:
      One of the most importing thing of this program was or still is for me the fact that not only I make money also this so called carity Program which the GPP people will do after everthing runs fine.
      I find it a very big big scam that Mr. or Mrs. or a dog called Stella is promissing to some Carity people money from a program which does not work yet and on top telling the investors how good they ( GPP ) are but at the end of the day the investors, the 100.000 people are paying for that and not from the 30 or 35 Euros no!!!!!!! from the expected Profit,- you will not get paid 55.000 no you will get paid 54.990!!! It is not the 10 Euros no , no it is the fact that they will get a ” Medal” from some people using our money without a permission from the 100.000 people. If this does a trustee in Europe, UK, or the USA
      they will kick him out immediately.
      Sorry but this is for me the evidence that this GPP is a BS
      and will not work it is so shit and so un-professional that it stinks.
      Sorry for the languagebut I can spend my money but I am not allowed to spend money, given to my as a trustee or just take some ” comission” and spent it with somebody else because I feel to do this.
      Sorry Luc I am from the so called ” old school” and I hate those people dealing with other peoples money,- waliking with the big dogs and unable to lift their leg.
      Bye regards BERT.
      Sorry for some mistakes in the text, but I am in a hurry.

    125. Gravatar Icon 125 Lily

      I didn’t understand much of that above post. Are you mad that they are going to take a whole 10 euros of your money without your permission for a charity? (BTW, by enrolling as a member, you are granting that permission) Are you saying that particular charity is a fraud? Are you mad that they are promising a charity money from the payout, therefore if there is no payout the charity doesn’t get their promised donation?

    126. Gravatar Icon 126 Zeus

      Hi Everyone,

      First time here. I’m in GPP as well and I just want to say that there’s a conference call regarding all the RPP’s host by Gary Holmes. If you’re interested in listening and asking questions, e-mail me at zeusman100@gmail.com for the info.

      Zeus

    127. Gravatar Icon 127 Sophie

      Lets look at it objectively:
      Not ONE of these has ever paid.
      e65 is many years old and still updates, but no payments made.
      ICC, now CPS: not paid (having troubles)
      PWW says legal troubles and all contracts canceled..after 50,000 sold @ $50 each (which is a good haul dont ya think?)

      Anyway.. Hope is always there, but in this line of work, it rarely if ever yields results.

      Dieter’s conferences seem to be the big hook, all claim “real”, but no money = not real. IF ONE would pay, all contracts would be bought up pronto.. just ONE.

    128. Gravatar Icon 128 AstonishedJames

      Everyone should read the entries from - andrewunknown - & -cashking - at - http://hyipblog.nobshyip.net/2007/04/11/global-pension-plan-reverse-pension/
      and take good care of your hard earned currency.
      Lichstenstien Trusts, with Latvian and Somali banks!!!! Hello! Is anyone awake!

      For the eternal optimist and ever hopeful out there:-

      There is a simple equation at the root of this scheme. 100,000 parties with insured pensions with a value of $200,000 each, which insurance policies only pay out if the “insured party” reaches the ripe old age of 65.

      Of the 100,000 parties insured, it is a statistical certainty that some will die before they reach 65 years of age. In such a circumstance the insurance company does not require to pay out on the policy.

      Let us assume that 95% of the policy holders do live to be 65 years old, that means that the insurance company will pay out on 95,000 x $200,000 = $19 billion.

      Yet according to this alleged “asset backed mortgage” scheme, a bank is willing to write a mortgage (i.e. lend) some $12 billion for the duration of the life of the policies. For your consideration - even in year one the interest on $12 billion (at a modest 7.5%) is $900,000,000.

      Even assuming that the average duration of the loan is 25 years (i.e. that the average age of the insured person subscribing via the membership scheme is 40 years old) and that the interest rate remains a low 7.5%, a loan of $12 billion would require a total payback of the order of some $100 billion (in any event considerably more than the prospective 19 billion upon maturity of the policies).
      The only way that this works is if the bank in question is willing to accept a return of approximately 1.5% on its money. And that aint gonna happen. No bank would back this absurd program (see more on this simple fact below).

      Even if your chums Latvian or Somali bank, or the Lichtenstein Trust, ’securitises’ the porfolio and sells the portfolio onwards (however they slice up the differing dates of maturities via derivatives) they would have to offer a much more significant “discount” on the capital value to represent any value for money to any investor. The discount on the current model is 12 billion now for 19 billion at maturity in 25 years time (i.e. only some 37%).

      In respect of this last point, please consider the discount which would have to be offered on a bond which pays no annual interest (dividend) and which will only offer payment of a fixed sum upon maturity in 25 years time. Do the maths to compare this with the UK Gilts market, where the AAA rated government bond market has priced the bonds so that they are paying interest in annual or bi-annual instalments, arriving at a rate of 5.5%. Then price in the discount required which would compensate you for the lack of security with regard to seeing the return of your principal sum upon maturity.

      The discount principle = To get a return on a bond paying $100,000 on maturity in one year’s time (with no dividend), you might pay $95,000. Thus giving you a return of $5,000 when the bond matures and pays you $100,000.

      For sure a greater than a 50% discount would be required on a “loan” or “bond” with no dividends payable and with an unreliable final sum payable at a maturity date some 25 years in the future (the unreliability being by reason of the possibility that the final death rate may be higher than the 95% or whatever). A financial institution is certainly going to be comparing the returns available from more stable “instruments”.

      This scheme does not work out mathematically.

      Save your cash. Why give some (and I’ll grant them this much, they’ve been quite canny) scamster the pleasure of your collective $3.9 million, all because he’s had the good sense to count upon your ignorance of the price of money in the financial markets.

    129. Gravatar Icon 129 Luc

      I’m not going to argue the negative posts above but I just give here the update from monday 18th June.

      The GPP membership has grown to 61,760 ( 2,120 members in a week). Just 38240 members left but we still need to increase this number to at least 3,000 new members each week to meet the 31st August deadline, we’re running about 1 month behind schedule and need about 3,365 new members each week but even if numbers fall a little short at the end of the deadline, this plan will come to fruition.

    130. Gravatar Icon 130 zerukesu

      I actually joined this for a coulple of months ago..back then i didnt know so much about this so i thought it was darn cheap not to join ..

      But now i truly believe that this is a scam..

      1:Why does it have to be 100 000 members to fullfill this operation ??(why not 10 000 or 50 000 members ??)

      2:Why is there a deadline set all the sudden?
      It came from nowhere and now it all has to be an end to it at 31 of August

      3:How come a lot of people claims that this will pay regardless if we reach the limit of 100 000 members or not…(if so why not pay us now ??).

      4:Many members claims that this is win win situation and that all 3 parties will gain money (How on earth is that possible ?? )

      5:There isnt a single person that have come forward and told us about any other pension plans that have actually worked out and payed..(Quite strange i believe if this works )

      6:And i read about a guy who thought that this is a bet.What are you betting on ? Us winning and collect our 55 000 euro or if they will win all the 33 X 61,760 euro that we have spent?Usually when it is a bet someone always have to lose..
      so sorry man ..if you believe that this is a bet.

      7:And why do they have so much in referral bonus if this is not a scam ?? I believe its a lot of people that can afford 33 euro if this works,so they shouldnt need something to allure people with.

      8:And the last from me is that i totally agree with astonished james..
      I cant find any mathematical possibility that this could actually work out so 3 different parties would gain money from this..sad but true

      But we will all see in september wont we ??

      And for those who find this offensive,i believe this is a forum and we all write about our thoughts on certain things

    131. Gravatar Icon 131 Luc
    132. Gravatar Icon 132 jebomater

      I’m also into GPP; right now I am sitting in a cafe, drinking coffe and I know I just threw those 35 euros out the window… Can someone please instantly answer, whre the fu__ did that August 31′th deadline came from?!

    133. Gravatar Icon 133 Luc

      jebomater,

      Where did that August 31th deadline came from? Pls, read the update here:
      http://hyipblog.nobshyip.net/2007/04/30/global-pension-plan-latest-update/

      And u should be happy cause this week was the best week in terms of numbers joining. We’ve passed the 70,000 member level… at this pace, we’ll reach the target of 100,000 members easily…

      So, pls, give us a favour… be relax and continue to drink your coffee!… lol!

    134. Gravatar Icon 134 Luc

      Just a Quick update from Stella:

      “Dear Members,

      I just want to let you know, that the
      e-bullion sign ups will be enabled on the 24th of July again.

      It looks like we don’t have any time to manually sign up members until then. This is because of the hectic schedule the Trust Partner has created.

      I will let you all know once sign ups have been enabled.

      Have a nice weekend!”

    135. Gravatar Icon 135 Luc

      GOOD NEWS!!!

      The GPP deadline is set for 31st August 2007. We have less than 5 weeks left but GPP forecast to reach 100,000 members in the Mid last week of August.

      At my last count, the GPP membership is 85,947. GPP needs less than 14,000 new members to meet the 31st August deadline and this is not going to be a problem cause some days there are more than 1,000 members joining!

      *****
      On Monday 30 July 2007

      Member Count: 85,211

      Members joining last week: 7,957

      Available ‘Compensation’: €802,780,000

      Available ‘Loyalty Rewards’: € 350,304,000

      ‘Loyalty Rewards’ earned/accrued this week: € 90,968,000
      *****

      So far so good!…

    136. Gravatar Icon 136 Luc

      Another update: GPP has decided to remove Western Union, Wire Transfer and Cheques/Bank Drafts as alternative payment methods and rely solely upon e-Bullion.

      Below the post from Stella:

      *****
      30th July 2007
      “Dear Members,

      We have decided to drop Western Union, wire transfer and cheques and to stick to e-bullion only as an accepted payment method. The reason is simple, as only a few members use these alternative methods which, however, causes a great workload to sign up new members manually and slows us down.

      Share these news with your team, please!

      Thank you!”

    137. Gravatar Icon 137 Erika

      I had my corporate risk manager at work take a look at this, and this is his response. I understand that it’s only 30 (or whatever it is) to join. But, why is no one concerned with the fact that in order to be paid (if a pay out happens) that you are required to send in personal documents (passport, driver’s license, birth certificate, etc.) in order to ‘get paid’?!! This IS horrifying! Why would people be stupid enough to just send out copies of their most personal documents to someone they don’t know. Who knows what these people are doing with this information. I bet there’s either no pay out ever, that who ever is behind this will just take the money and run. OR, they will go as far as to collect personal documents from people and then sell that information to people who are in the market to for a stolen identity. This is absurd!

      This is horrifying!! The following issues are sitting right on the surface:

      The entire operation of the plan is being done beyond the reach of all western securities regulators and insurance regulators. That is a giant red flag. This means that no government agency of any country is involved to make sure that this plan can provide the benefits it is promising. It is VERY unlikely that this plan will exist long enough to make its payments.
      The plan claims to purchase insurance, but the plan refuses to identify the insurance company providing the insurance. This is another giant red flag. Because you don’t know who the insurance company is, you have no way of knowing if the insurance company is solvent or not. My guess is that there is probably not an insurance company at all, or if there is, one of the parties in this scam is either self-insuring the benefit or has set-up a controlled insurance subsidiary. What I think this likely means is that there really is not, or will not be, actual insurance assets available to pay benefits under this arrangement.
      The identity of the “Trust Partner” who is the one committing to do all of this is considered confidential information. Thus, when it comes time to sue them for not providing assets under the plan, no one will even know who to sue and there will be a long chain of international corporations that will make it impossible to get to the bottom of who is behind this.
      The plan is described as a “once in a lifetime opportunity” and implies that this entire arrangement is based on the fact that wealthy people know how to make money and poor people don’t. This is a smoke-screen to encourage people for whom this does not make sense to suspend their disbelief because they should rely on “people who know more than them”. This is a classic scam strategy.
      The arrangement is a classic Ponzi scheme. Each party receives a reward for referring others to it. For each party they can dupe into participating, the sponsoring member gets a reward. As new people enter, the new people will make contributions to keep this afloat. When the Ponzi scheme collapses, the sponsors will be long gone since the influx of new members will keep it going long enough to let the thieves who set this up escape with the money.
      The website says” Global Pension Plan is not licensed nor registered in any country nor by any government agency as a securities dealer or broker, and said information is not related to, involve, nor constitute, security trading.” Duh. This in itself is a giant red flag. A legitimate business would want to register under the laws of some country, because it would give them access to courts to enforce its own rights.

      I’m sorry to say but this has got to be a giant scam. If they provided passport information and social security numbers to these people, they need to immediately put a fraud alert on their credit reports. I am sure that identity theft is just around the corner.

    138. Gravatar Icon 138 opie999

      “The arrangement is a classic Ponzi scheme. Each party receives a reward for referring others to it. For each party they can dupe into participating, the sponsoring member gets a reward. As new people enter, the new people will make contributions to keep this afloat. When the Ponzi scheme collapses, the sponsors will be long gone since the influx of new members will keep it going long enough to let the thieves who set this up escape with the money.”

      Hi, Erika.

      Are these your own comments or those of your “corporate risk manager”? They do indicate a basic understanding of the concept of a ponzi scheme but they demonstrate an equal *lack* of understanding of how the GPP referral system works. Sure, GPP might very well turn out to be a scam. The odds of payout are infinitesimally small. But whatever GPP turns out to be, they are most certainly *NOT* a ponzi, classic or otherwise. Read the plan a little more closely and you’ll see why.

      Just wanted to clear that up. ‘night. :)

    139. Gravatar Icon 139 Erika

      Opie999,

      A true Ponzi scheme promises short-term payoffs. While this GPP is not promising that, it doesn’t seem very far off from a variation of a Ponzi or even pyramid scheme. While it’s true that you only have your registration money to lose, the biggest fear is that people will actually send in copies of their most personal documents in order to try and collect on their money. If this is a scam, then most likely ‘they’ will simply take people’s money and run. But why would anyone (in this world of stolen identities), ever ever ever send their personal information to someone they don’t know. GPP says this information is needed to verify that you are who you say you are. But what are they verifying this information against? And who’s to say what ‘they’ are doing with this personal information.

      I say you deserve what’s coming to you if you would be so stupid as to just hand over copies of your most personal documents.

    140. Gravatar Icon 140 Patrice

      as said earlier:
      “The entire operation of the plan is being done beyond the reach of all western securities regulators and insurance regulators. That is a giant red flag.”

    141. Gravatar Icon 141 opie999

      “I say you deserve what’s coming to you if you would be so stupid as to just hand over copies of your most personal documents.”

      Gee, thanks Erika. Likewise, I’m sure everyone who has joined GPP wishes you the very best of luck in all your endeavors. :)

    142. Gravatar Icon 142 Lily

      Erica, People are at risk everyday from “identity theft” in today’s world. If you do a basic search on the internet of your name, you will probably find more information than what is required to send in to GPP. If you go to one of the many websites where you “pay” for information and pay them to do a search, you will be really pissed at all the private information they are able to find and give to a total stranger for a small fee. Just for you Erica, “Duh”.

      On a happier note, based on what I’ve seen over the last 2 hours, I’d have to say GPP will be full and closed sometime this afternoon. The membership jumped from 94507 to 95266 in just under 2 hours.

    143. Gravatar Icon 143 Dal

      well all the talk of ID theft on here is ridiculous i worked for a very large UK bank before i retired,i worked in credit control which meant i had access to info on anyone it was that easy.

    144. Gravatar Icon 144 Patrice

      what is the biggest thing that can happen??? if it is a scam?

      Well i have no idea. GPP sounds more like it is the perfect nigerian letter (as some calls it) Perfect cause look at this thread: gpp got us all started. the receive like 30 euro times 100.000 and they’ll pay out like what? 55.000 euros minimum times 100.000.

      of course there is doubts. who in this world will pay this kind of money? and even thou it is a good plan (sound like it) what will their profit be. for it to be an investment they should at least win 50 % for their work, patience and risks.

      Who pays anything to anyone before getting their own profit first???

      i joined but i cant avoid being sarcastic about the whole thing. some in this thread talk nice thing but some just mock on it, giving their valuable time to awake everyone.

      let see if we win and not the other way around loosing 30 euros our valuable identity. :))

      Peace and respect to all of you

    145. Gravatar Icon 145 Luc

      Latest news below.

      Post of Stella (on Saturday 4th July)

      **********
      “Dear Members,

      We have reached the point when the new sign ups have been
      disabled and we have started working on the database to find out
      the number of qualified members.

      We are also manually signing up all failed memberships before the
      sign ups are allowed again.

      Now is the time to get all the remaining new sign ups ready and
      proceed as soon as it’s allowed again!

      Also, please have the copy of your ID or birth certificate ready!

      I assume processing the current database for the qualified
      members and to sign up the failed memberships will take a week or
      two, so please be patient!

      More information next week!” - Stella

      **********

      The work on the GPP database would take approximately 2 weeks (I believe), this will bring us to around the 18th of August, and at the end of these 2 weeks, there would be still a few memberships left (due to those who are not qualified). Maybe some will make bad comments due to the failed memberships…

      But so far so good!

    146. Gravatar Icon 146 Andrewunknown

      That’s ludicrous, Dal - so what? Do you realize what would’ve happened to you if you had the used the privileged information you had access to in an unsanctioned manner? Of course you do: depending on the severity of the infraction, at best you’d be subject to dismissal, and at worst fines and imprisonment. Those deterrents are usually significant enough; but for those still tempted, compliance and risk departments are there to scrutinize your every move. Generally speaking, wander off the reservation and you’re nailed. Anyone working the banking or financial services industry would argue the same. GPP is on the other side of the spectrum with no constraints.

      So yes, the identity theft risk here is enormous. It is true, as Lily says, that a great deal of information is available for a relatively small fee online; but, that isn’t the same as a pinpoint delivery, of that private information, to probable scammers.

      There is an elusive probability value out there somewhere measuring the likelihood I or you, as individuals, will have our respective identity stolen. Many variables play into it, including those circumstances that cause the thief’s attention to come to rest on us. Whatever that probability is beforehand, it skyrockets after you or I take proactive steps to deliver our personal information - for free, or after donating ~$40, however you wish to look at it - to a probable scammer. Those of us who were at low risk for being noticed are now at very high risk. Aside from the ponzi scheme comments and coming off as unfamiliar or at least unseasoned concerning all things HYI, Erika makes a great point.

    147. Gravatar Icon 147 Luc

      For those who still want to secure a position, it’s NOT too late…

      Latest update from Stella

      “Dear Members,

      Even if the member counter has hit the magical 100.000 already,
      you can still keep signing up new members as before. We haven’t
      removed the over-aged members (those who won’t qualify for the
      Compensation) from the total member figures yet, so we keep the
      sign ups enabled until further notice. I will give the notice one
      week before I close the site for new sign ups.

      This is the last chance to put in all the remaining members! So
      get back to work now before it’s too late! Those, who still delay
      signing themselves up, will lose the opportunity in two or three
      weeks!

      Share this message with your group, please!

      Regards,
      Stella

    148. Gravatar Icon 148 HUGO

      Today I cannot enter the GPP Web.
      As I can have new information referring to the made transferences and the members nonregistered until today.

    149. Gravatar Icon 149 abdul

      as i think ,GPP is one time oppurtunity of life, Oh God please realize our dreams with GPP and get our cash before this X-mass to lead our dreamed life.

    150. Gravatar Icon 150 Kumar

      As much as I want to enrol further members, the site does not allow me to do so. It gives this “one-time security verification process” page, 5 times, before it fails. Is anybody else having this problem?

    151. Gravatar Icon 151 Ida

      i have the same problem. I am from Denmark, have just read
      all this and am very worried now, about sending passport information

    152. Gravatar Icon 152 Luc

      You don’t have to worry about this problem.

      GPP is using an extra security now, where you have to type in a code before getting to the usual log in page. Remember that GPP is constantly fighting against DDoS attacks and they are particularly violent now so this measure is to try stopping the DDoS attacks on their site.

      If you’re having difficulties logging into your account, you can refresh your browser, re-boot your computer or delete temporary files and cookies…

      Just few tipps… and keep trying if it’s still doesn’t work!

    153. Gravatar Icon 153 J

      Trying to logon to GPP site but get an error:

      Proxy Error
      The proxy server received an invalid response from an upstream server.
      The proxy server could not handle the request POST /login.php.

      Reason: Error reading from remote server

      can anyone login or have heard from the admin?

    154. Gravatar Icon 154 zerukesu

      Hi everyone..

      Its very exciting to see if GPP really pays out ..i have no idea so thats the reason i’m little sceptical but i truly hope that they will pay out..

      And i do have a question about a friend that joined the GPP for several months ago..he have never logged on to the site so his password is not working but he is registered under me and he has recieved e-mails from the Admin .

      so my question is if he does the same thing as me with completing every needed details about him and do send in a copy of his passport ..is that enough for the admin or what should he do ?

      thanks for any answers.

    155. Gravatar Icon 155 Luc

      J & zerukesu, be aware that at least 100,000 members are trying to access the GPP website at the same time so there have been many log in problems over the past week due to a “Proxy Error”. Just keep your patience, and keep trying. We are all waiting for these problems to be dealt with.

      The post of Stella (below) doesn’t make much sense for me, she’s obviously wrong when she said that some ppl are trying to sabotage voluntarily the website. I mean why on earth a member would want to shoot himself just like that?

      Anyway this is her explanation here:

      ******
      “Dear Members,

      We found out something alarming today. It’s actually hard to believe, but it’s true.

      There is a smallish group of members, who are sabotaging our online presence from inside, through the member area. To make the long story short, this is done by refreshing the member counter tens or even hundreds of times per minute. These kind of actions can’t be protected by the DDoS protection, as the members access the site and the member area legitimately.

      We need to trace these members one by one by their IP addresses and then pair it with their usernames. This is a time-consuming task, however we will not stop until it’s done.

      It goes without saying that these members, who have been found abusing the website, will be permanently removed from the program.

      How sick man is?

      Regards,
      Stella”

      ******

      Again, if you don’t want to see your account removed permanently, just calm down, don’t panic while trying to access into your website.

      There are many things you (or your referrals) can do to get into your (their) back office:

      Refresh your browser; Re-boot your computer; Delete temporary files from your computer (cookies for instance); Be patient with slow loading pages… let them completely load. And if none of the above works, be calm and just keep trying…

      Hope that help!

    156. Gravatar Icon 156 Hugo

      Let us hope that they have the good will to really solve this problem. Here now we are all unemployed.

      The site is set to maintenance mode until the performance problems are fixed - for good hopefully. This situation causes frustration for all of us. We are extremely sorry for all the inconveniences the website instability causes and we apologize. Thank you very much for understanding.
      ——————————————————————————–
      GPP Team

    157. Gravatar Icon 157 Shelli

      Did you ever get your money?

    158. Gravatar Icon 158 Luc

      Shelli, the payouts will start soon. GPP is still in the verification process.

    159. Gravatar Icon 159 J

      just tried to email support@globalpensionplan.net and it came back as delivery failure. I tried emailing to this email about a month ago and it works….getting a little worried. Also I hope stella gives weekly updates instead of being quiet until end of december when the program closes.

    160. Gravatar Icon 160 Robert J. Gooch

      On 12/06/2007 TO WHOM IT MAY CONCERN, I have misplaced my username and password. Is it possible to have a new username and password assigned. I’m flying out to Manila,Philippines on 12/11/2007 and I would like this matter to be taken care of ASAP if it is possible. Any response please send ot my gmail account. I signed up with the e-mail account: ” robert.gooch@sbcglobal.net “.!!! I still have the account but, I want to change to: ” rjg2702@gmail.com “. Thanks for all your help and understanding. Home address is: 5428 Roselena Way / Keyes, California 95328-9704. Home telephone number is: (209) 664-9954. Cell phone number is: (209) 479-6891. Birthdate is: 12-22-42. Birthplace is: French Camp, California. I hope this information is what is needed to help me dealing with this matter. Thanks, Robert J. Gooch

    161. Gravatar Icon 161 Luc

      Ooh!.. Sorry for replying so late! I’ve read your post only few seconds ago. I’was so busy lately cause of Christmas time and I had so many things to prepare during this period also. My apologies again!… but better late than never!… Hope it’s not too late!

      Now to answer to your question: Your upline can check what your user name is by going to his GPP downline and looking for your name. Also, on the GPP website when you log in is an option for having your lost password sent to your e-mail address… but right now the GPP site is not accessible. Maybe they are changing theirs servers.

      If you cannot find either your user name or password and your upline cannot help with this then you could send Stella an e-mail asking for this to be sent to you… then once you have it… you can log into your site and change your e-mail address in your Profile area.

      Stella’s current e-mail address is: global.member.support@googlemail.com

      Please just send ONE e-mail to Stella because it takes STella quite a while to get through all her hundreds of e-mails and sending multiple e-mails about the same thing just puts you at the bottom of the pile.

      Sorry for the typos (if there are typos) cause I don’t have time to re-read me (I have an appointment in few minutes from the time of the writing).

      Hope it helps!

    162. Gravatar Icon 162 js

      any ideas of the latest events of filling out the form and there is not banking solution so they want our own banking info for wire transfer

    163. Gravatar Icon 163 Duckie7Joe

      hello,

      Does anybody has any idea about the banking solutions of GPP? Is sending our info will be too risky because they might steal our identities?

    164. Gravatar Icon 164 Luc

      No, they won’t steal any identity… Again, for those who are hesitant, don’t join if you are unsure… It’s your choice and we respect it!

      By the way, the closing date has been extended. GPP will CLOSE on January 31st so those who wish to participate or buy extra policies, so it’s still time to join.

    165. Gravatar Icon 165 Money4Me2lks

      hey Luc how can you be sure that they won’t steal our identities and use it in terrorisms? It is a possibility, don’t you think?

      If what you sayin is true, how come that they won’t let us know who they really are - the Trust Partner or the Insurance Company?

    166. Gravatar Icon 166 Luc

      Money4Me2lks, these questions have been debate many times. I know I won’t convince you with all my arguments. The best proof will be the payouts so better to wait till the payment date time before drawing too fast conclusions!

    167. Gravatar Icon 167 Nidi

      Listen guys. All of you are fools and suckers!
      THESE GUYS HAVE NO INTENTION OF PAYING OUT!
      All they want to do is make their money and run. Run with all your cash.(NOT FORGETTING YOUR VALUABLE IDS!!!) So why waste your foolish time with these people. If it was ligit, you would be able to phone them, fax them, know who the bank is, the insurers are etc, etc.
      God it really makes me sick how people are so taken in by such numskull behaviour. Wake up!! Far better to work for yourself.

    168. Gravatar Icon 168 Herby

      stealing our ids? *rofl*
      best joke I ever heard…

      there are thousand ways of getting IDs…

      anyway… what would happen if they got my ID…? Can anybody explain?
      no… nothing will hapen… never… ever ever ever

    169. Gravatar Icon 169 zerukesu

      herby:

      thats not completely true since they have all the info needed to open up accounts in your name .
      So they can just change your adress and they get all the ino needed and they can also use your personal info to make fake passports all around in the world.

      they can also order all kinds of things on the internet in your name and then dont pay for it and you are the one stuck with the bill..

      so trust there are many ways to use your id on the internet.thats the reason we have to do it so the bank/insurance company knows who they are sending cash to.

    170. Gravatar Icon 170 zerukesu

      Money4Me2lks Jan 10th, 2008 at 1:00 pm :

      hey Luc how can you be sure that they won’t steal our identities and use it in terrorisms? It is a possibility, don’t you think?

      A: unless you dont look like a terrorist on your passport(with a long beard and a scarf twisted around your head) you should be safe.

      If what you sayin is true, how come that they won’t let us know who they really are - the Trust Partner or the Insurance Company?

      A: This matter is as i have understood is becasue they wanna secure them selfs if they shouldnt reach this limt of 100 000 people.but now they have and now i think they wanna do everthing in the last minute so not so many problems will arise for them if they now actually is gonna pay us.

      I have read about a lot of topics in different forums and newspapers on the internet where people have already claimed actions against them at the police..which is very strange when they have informed everyone what the plan is and they havent dissapered yet.

      So we will all see in a month i they dont stall everything again..from the begining it was 31 of august then 31 of decemeber, now it is 31 of january.

      so the 28 of february i wanna have my cash on my account.

    171. Gravatar Icon 171 Herby

      @zerukesu:

      they won’t get anything from me. except my personal informations
      which are written on my ID-card.

      Name, age, gender, adress…. that’s it.
      name and adress can anybody get in the normal phonebook.

      my bank account is in swiss… but that would go to far to explain.
      of course can they buy things in my name… but they will never pay with
      my money ;)
      same thing like ordering a pizza in someones name…

      so… and if it’s fake… well… I lived 2 month in the feeling of becoming
      rich =D that’s better than any drug…. *rofl*

      btw: NO Drugs!!! =D

    172. Gravatar Icon 172 zerukesu

      you call yourself herby and you dont smoke weed and thats the best herb in the world….LOOOL

    173. Gravatar Icon 173 Luc

      zerukesu,

      Many ppl give their bank account details to any Merchant/ e-currencies accounts like Paypal, E-Bullion… OR also to e-currencies exchangers and I didn’t hear anybody having his money stolen by these Merchant/ e-currencies OR exchanger accounts so far.

      Maybe you’re a bit “paranoiac” and see bad things everywhere. I advise u to calm down.

    174. Gravatar Icon 174 zerukesu

      Luc..

      Read my post again,its not me that is paranoic..

      Money4Me2lks seemes to be the one

    175. Gravatar Icon 175 Jeffrey

      How many members have GPP right now, can i get it ??? to get the 55,000 thnka

    176. Gravatar Icon 176 zerukesu

      you have 7 days left to sign up if you now believe they will pay .use c-gold then

    177. Gravatar Icon 177 Luc

      Ooppss!!! Sorry zerukesu! My message was not addressed to you but to Herby (it was a typo).

      So, Pls correct, I wanted to say: Herby is a “bit” paranoic…

      Again my apologies!

    178. Gravatar Icon 178 zerukesu

      No worries Luc..

      Shit now they have solved the issue with our bank accounts and they will let us know in a few days .

      My logical common sense still tells me that i shouldnt get my hopes up but man they are good at convincing people .
      If they fool me they are really smart,so i believe i wouldnt cry about it..

      But man if they pay up ,i would be really happy and i would change my judgement about certain people..

      But still no need get the hopes up …right ?? LOOOOL

    179. Gravatar Icon 179 Drebb

      If these guys are so dodgy why are they not being federally invetsigated by various organisations? I cannot find a reference to them on any fed sites,. has any one else heard of them being investigated? Hope it all comes true..

    180. Gravatar Icon 180 kirk

      So I have been reading about all of these and very interested.
      has this Global one finally reached its end date yet or is it pushed back again?

    181. Gravatar Icon 181 Luc

      kirk, GPP is scheduled to CLOSE just as soon asthe offshore banking solution is in place, and before it does, new Members have an opportunity to join.
      —-

      This is the latest Forum Posts of Stella:

      *******
      Dear Members,

      We are preparing a more complete update for you concerning the Banking Solution. This will come out hopefully later this week!

      Please don’t email or mail us the Agreements and the ID copies yet! We don’t want or need them before the Banking Solution is ready!

      Thank you!

      *******

      An update on which ID’s will be accepted:

      *******
      Dear Members,

      The accepted IDs will be:

      - passport

      - driver’s license

      - Birth certificate will be accepted from the members of any age who don’t have any other form of ID.

      - government issued photo ID card (added because of it looks like a big number of members only have this one)

      Regards,
      Stella

      *******

      Again, we’ll receive soon a complete update concerning the Banking Solution. Just be patient!

    182. Gravatar Icon 182 psyco

      What a crock of BS.!!!!!!!
      If these guys pay out I’ll eat my shirt!
      Stunned stella travelling all over the globe …and for what?
      On whose money?
      They reached their 100,000 and still have not closed the program. what the hell is that? More BS!
      This is now the FOURTH year and they are just NOW looking for a banking solution. Hell that was indicated on their site they had a banking solution and a debit card over three years ago. Isn’t that why most members joined?
      No answers to e-mails from stunned stella. The forum stinks of Bob Proctor’s philosopy garbage….the secret! Who the hell needs that crap! Yes, Global pension is a “SECRET” all right! We are obviously a lot of fools taking a risk with high hopes that only serve the interest of Stella and her billionaire investors or whoever the hell they are? Do you know? No one that I know has any knowledge of who they are, where they are, or for that matter what they are doing or when they will pay out if ever. Every day this sounds more and more like a huge SCAM!!!! Wouldn’t you agree?
      False hopes. False desires. They guy was right you would be far better to go and get a job!
      It sure will increase my faith in human nature if this global pension plan ever pays out. I hope it does for everyone’s sake!!!!

    183. Gravatar Icon 183 Sybren

      Hai Luc and all other GPP-members,

      again one month later…what do you think now? still hopefull waiting? So am I, dreambuilding every day. And I love it. Greetings from The Netherlands.

    184. Gravatar Icon 184 Terrance

      Anyone heard of a payout date yet and how will we receive our money.

    185. Gravatar Icon 185 Luc

      Sybren, I know the wait is long but the only thing I can say is that Patience is a Virtue!… Never forget this adage, keep your dream intact and you’ll be rewarded at the right time.

      I know some of you will be deceive with the latest news cause Stella don’t say anything about when the payouts will start, so I suppose at this time she doesn’t know yet. Anyway, this is the latest infos below:

      * Failed Sign-Ups for December 2007

      “If you haven’t got the refund for a failed sign up or additional policy purchase happened in December 2007, please email me:

      - payment processor: E-bullion, C-Gold or Liberty Reserve
      - transaction ID
      - transaction value
      - number of sign ups or additional policies you were about to process
      - transaction date
      - your Liberty Reserve or C-Gold account number for a refund (no E-Bullion) OR in case of failed additional policy purchase, the username the policies were for

      The email address for the information is: global.refund.december@googlemail.com

      Please provide complete information right away to save my time and efforts!

      Don’t send me attachments, please!

      I will not confirm the refund or the addition of the policies, so please check your account or profile to keep yourself updated!

      Once the few pending refunds from December 2007 have been processed, I will give you the instructions for January 2008 refund requests.

      Thank you for your cooperation!”

      * Use c-Gold (not Liberty Reserve)

      “Dear Members,

      If you are still processing the last few sign ups and additional policy purchases, please use C-Gold instead of Liberty Reserve.

      Thank you!”

      * Stop Sending ID documents

      “Dear Members,

      We are still receiving couple of hundreds of mails full of your ID copies and agreements every week. I have asked you not to do it! Every incoming mail will be destroyed, as they are sent to an incorrect destination. We don’t need them, so please don’t send them to us!

      Thank you!

      Regards,
      Stella”

    186. Gravatar Icon 186 Luc

      @Terrance,
      The payout will be simplified, everyone will be paid via the GPP offshore banking solution otherwise it would be a nightmare to access over many different payment systems.

    187. Gravatar Icon 187 Speedy

      This GPP is very time consuming for all of you writing to this website.
      The scam is simple but not clever. The government has been screwing us for thousands for years.
      The scam, like the government, depends on the fact that the world is full of idiots that waste their money on a daily basis. These people rely on the fact that we haven’t got the guts to stand up to them and put them where they belong- behind bars.
      The crooked government does very little to stop scams because they run the biggest one of all.

    188. Gravatar Icon 188 bob

      OK where into a new tax year here in the UK well a couple of days to go, so did anyone recieve any money yet from this RPP?.

    189. Gravatar Icon 189 DougE

      Finland’s NBI probes another online pyramid scheme

      9.4.2008 at 13:57

      Finland’s National Bureau of Investigation (NBI) is investigating another suspected online pyramid fraud scheme, Tampere-based daily Aamulehti reported on Wednesday.

      According to the paper, the scheme is called Global Pension Plan. The NBI had said earlier it was probing an online “investment” scheme named WinCapita.

      “This is a cross between pyramid marketing and an illegal lottery,” Jouni Laiho, a senior civil servant at the interior ministry, was quoted as saying by Aamulehti.

      Mr Laiho told the paper that thousands of Finns had probably lost their money.

      Global Pension Plan is marketed on the internet as a retirement pension scheme costing as little as 30 euros. Punters are told that they will be paid a pension of 55,000 euros on a vague future date provided at least 100,000 sign up to the scheme.

    190. Gravatar Icon 190 Luc

      I’d like to share with you a business which have the LOWEST risk factor for your funds that I’ve seen in a long time. The Owner (Andy Bowdoin) is a competent and proven businessman.

      The link here: http://hyipblog.nobshyip.net/2008/05/18/adsurfdaily-cashgenerator/

    191. Gravatar Icon 191 Agent725

      Dear people,

      This is the only remark I will make about Global Pension Plan. I have been on this ride all the way through to see if they were in any way legitimate. I believe there is enough information available now to prove to a high degree that GPP is a criminal setup.

      Global Pension Plan will not pay out. Besides having tracked down bank numbers, and these same being researched by the Finland’s NBI, sir David Villacreases of the Bread for Kids foundation (whom I contacted twice earlier on) has given the notice posted below.

      Kind regards,
      Agent725.

      ///

      [NOTICE II.]

      Children of Ecuador Foundation has nothing to do with Global Pension Plan, or Globalpp.net and more related websites.

      Please be aware about this notice before making any
      financial decisions.

      The last months and weeks we have been receiving several e-mails from several people from all over the world making questions and claims regarding an insurance website we knew about years ago. This people came mainly to us indicating and asking about our relation with an internet scheme known as Global Pension Plan, CEF has made its best to help this people on its questions and concerns, despite it is not our labour or mission to do so, but the need of making a second notice is relevant now. We want to clarify this situation,

      It is with regret that we have seen the need to make an Official letter now indicating that Children of Ecuador Foundation or Breadforkids.org has no partnership nor any relation with this business or financial service offered online known as Global Pension Plan. Please note that we can not say if this is a legal or ilegal business, we can not guarantee anything, we have never made that, for any website or person. We are a charity foundation helping children in need in the amazon jungle and thats all what we do!

      The Story: This people offered years ago to CEF an undetermined donation of money, but this offer was never fulfilled nor was set with this people any official agreement, and we believe they did the approach looking to gain your trust and misuse our seal and name.
      Around 2 years ago they asked us to lend our Official Seal as partners after making a symbolic donation that was below 500 usd. We accepted such small donation because as a non profit organization we are allowed by law to accept donations or gifts from people or organizations worldwide wanting to help our cause.

      The reason why we see the need to post this notice is to let everyone know that we are not related to this website known as Global Pension Plan or more websites, forums, newsletters or blogs, etc promoting this website or any similar offers, etc.

      Our Seal regulations require our seal members to continuously support our cause and works, that active support will convert them into real CEF Sponsors. Global Pension Plan never did that and refused to provide any proof regarding its activities, names, addresses etc So we voided its seal application.

      a) We never approved nor signed any documents with Global Pension Plan or his people as they never made a serious or legal approach to our organization.

      b) Global Pension Plan never shared with us any other information than a simple free e-mail address from where they approached to us and offered to support our humanitarian cause.

      c) CEF has never agreed to any form of official partnership with Global Pension Plan. Our Seal program shows only that a website is actively supporting our cause but thats is not the case for this Global Pension Plan, website.

      They were in the obligation to use our Seal under our terms and conditions but this has not been the case. After several failed intents to contact them, again some months ago we asked Global Pension Plan to remove our Seal Logo but they ignored or never received our notices. We sent again more notices by all available means the last weeks and they ignored our requests again untill this date.

      Our conclusion: This website has misused our identity and seal, they have failed to accomplish any promise made to help our charity efforts, no more donations except the first one they did and sent by an anonymous online system has been received from them. They are not approved by us but we believe they are actually using our foundation name for a business we can not guarantee is legal or not, is serious or not, is viable or not. As many of you out there we simple do not know.

      In a last effort to find a solution to this situation we asked again the last weeks to them, to provide at least an address or telephone where we can contact them and verify they are a real Insurance firm or anything legal. This way we expected to talk about all the disturbing news, we were hearing, and clarify the situation, etc But again nothing has been received from them, not a single call.

      This is very strange to our eyes because every person and organization that has contacted us before and made any donation, gladly provided its contact information available to us as usual in a reciprocal way. We understand that this is basic for any communication and in order to create trust. - About Globalpp.net administration they only exist online to our eyes, so we can not trust them.

      We also want to explain our concern regarding some people using and taking the names of our members and foundation directors on their letters, posts and claims, On their incorrect assumptions regarding our non existent relation with Global Pension Plan, some people with no names and faces but mere forum nicknames have took and used our names to create stories, emulate profiles, name us as scammers etc. They appear to be doing that only looking to win some Internet discussions or mini wars at forums online, and continue to appear as if they were right all the time on its comments and statements. That people is not measuring consequences on their acts by damaging an organization image and its supporting members, they are just writing whatever they want in order to appear as the wisest person to its gang or group of friends but not seeing the real harm they are doing to our casue.

      That is not fair and legal, that is doing nothing but attacking the wrong people and organization. That is simply finding someone innocent beside to throw its stones of anger, while they refuse themselves to see the reality here. Please focus your attention on the people that apparently is really deceiving you and not in our charitable members who have no more knowledge than you about this mess. Focus your efforts not in hurting a legit charity, but in finding the people that you have not been able to find or trace, that is hiding until now. We are open to everyone and we are not hiding anywhere!

      Do not ruin those working daily to help those in need. If you are a serious person with a good and honest heart help us to keep clean our charity name and its members or real supporters involved in our mission. We understand that this can happen because our Organization is the only one, that appear here as a real one, with real people names, addresses and telephone numbers to contact and talk to, and this is because we are honest people and we have nothing to hide, and it has always been the case.

      We believe that our and your Foundation, The Children of Ecuador Foundation, CEF, a real charity is being abused right now for many people, our members being accused just for working and volunteering here, and thats is not fair. Our official Seal continue to be in misuse, sticked to that site (globalpp.net). Still we care about everyone out there and our Mission to help kids in need so we stand firm here in front of you with our hands clean.

      There is not much that we can do as this people is covered in the web. This Global PP people appear to exist in the shadows only, and we simply have no way to solve this issue but we yes can help people again by providing our side of the story for everyone honest to know and understand what we are facing and have faced here.

      We sincerely apologize for this situation, but we have done for several months all the efforts we can, to get our seal removed with no success. We thought that we where being approached for a real and serious business, now we believe we were not.

      Please be aware of this situation and share this information wth any person interested in knowing about the situation we face. If you hold any information that could lead us to solve this matter please let us know by contacting us.

      If you are the Administration of Global Pension Plan please contact us with your real contact information and clarify this problem for everyone!

      Sincerely.

      Mr. David Villacreses - Children of Ecuador Foundation.
      Ecuador. e-mail: ecuador @ breadforkids.org

    192. Gravatar Icon 192 hyiptoolsnews

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    193. Gravatar Icon 193 stevieg

      has anyone heard from stella since the web site went down

    194. Gravatar Icon 194 Still Hopeful

      Hello All

      I am still attempting to maintain hope, although i struggle with internal anger and doubts. I have been told that the North American Constituents will recieve the cards within the month of April?.. I have also been told by someone who claims to be a close friend of the ever enigmatic Stella that the North American Consituent Contracts were mailed last Friday? In theory mail from Europe to the US shouldn’t take more than 3-4 days. I often feel foolish as i run to check my mailbox everyday, but i guess i am clinging to hope. I have also heard (but cannot as of yet verify) that Italians already got their cards. I am keeping my fingers crossed as it is the only option at this moment. If anyone has any info please, please do share. I am wishing financial success for all of us, and if indeed we have been scammed then I am asking for strength and a good sense of humor for all of us as well.

    195. Gravatar Icon 195 John

      Still waiting? It’s all a scheme. All these suckers want is your money. They’re not going to pay out, all their going to do is keep taking and taking. It’s a Ponzi Scheme. They have no contact information, the people leave you in the dark, and they don’t care about anything but taking your money when they feel the ‘want’ to. This isn’t the first scheme like this, I know of people in one that’s basically the same, and they’ve been waiting for damn near TWENTY years for it to pay out. It goes like this; pay to get in, can only get in with a referrer, which makes it SEEM legit, must also pay for debit cards; which too are most likely FAKE but yet they still get money out of them, must sign confidential agreements and pay more MONEY to supposedly have to them ‘processed’ and also must send IDs and such. It’s all mumble jumble bullcrap.

      Maybe it’s real, maybe it is legit. We’ll maybe for them, and not the ones that get suckered into it. Just think, 100 thousand times 35 is what!? Do the math. then 100,000 times the bank card fees, and other fees. Yeah some people join and say screw it, because it seems to good to be true, and yet still these supposed scheme ‘artists’ come out with money. More and more, later and later, it will be another excuse, another reason, and yet another fee, always before the so called ’soon to be payout’.

      Ponder your actions and the burdens you can put upon yourself by trusting these people that you don’t even know, with your identification.

      Better yet, sue the bastards.

    196. Gravatar Icon 196 GPP IS A SCAM

      Hi! Its 2010,

      NO PAYOUT YET!!! The only ones on a sunny beach somewhere are the leaders of GPP, Im sure they thank each of you for your contributions! And your ID’s. Im sure they brought them even more money when they sold them to someone in another country.

    197. Gravatar Icon 197 GPP IS A SCAM

      So now that it is 2010, and still no payout for many creative reasons, where did LUC go? Scrolling down the posts, he was the one person pushing GPP hard! Such the faithful cheerleader. Almost as if, as if he was placed here on purpose to get more suckers to sign up! Hmmmm

      No payout, but as usual, you can still buy! LOL You’ll never see a dime, but you sure can spend more.

      Please dont look at the small picture (or just think of yourself), that is you only lost a couple of bucks ($30.00 USD, or 25.00 euro), but think of ALL the people that lost those same couple of bucks (some put more into it). Not all of the people that contributed to GPP are rich or well off by any means. There are people out there who had desperate hopes of maybe paying medical bills, getting out of a bad situation, bettering their childrens future, etc.

      Its hopes and dreams that have been stolen along with your money. So dont think little, like its only a couple of bucks, cuz its millions of bucks that GPP has now, PLUS your ID’s.

      GPP has given one lame excuse after another for not paying out. Us Naysayers have every reason not to believe in them just from what they have shown us over all the years.
      What baffles me is that the cheerleaders are believing in gpp, but they have nothing to back that up! There have never been pay outs,so what is the reason they believe? Other than nothing. Faith? Faith and money should never be in the same sentence! You have faith in friends and family, not some online get rich quick scheme.

      Yes, grown people can make up thier own minds and gamble if they want to, but do it with a legitamite company. The lottery is legit, some of that money goes to the states for good use. Shit, even the casinos give back to organizations and such, but gpp doesnt. They dont do anything orther than keep your money, they even let down and tried to use a childrens charitable organization. Amazingly un-human. Low down dirty even.

      These people need to be stopped, and you all should research Before you throw your money away. If you want to give out money, give it to me! Ill gurantee no payout too, just like GPP!!!

      Just make sure no one else buys into this dead end of a deal. Truly, if it sounds to good to be true, people, it is.

    198. Gravatar Icon 198 Hawoed Rickson

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    199. Gravatar Icon 199 Collin

      GPP!!!!!!!!
      Anyone ???
      Where are we now????????????

    200. Gravatar Icon 200 George

      Hi,

      I don´t know where we are, but I am still waiting for any information about finish from admin.

      George

    201. Gravatar Icon 201 Dark one

      To all who put in e30.00 and are mad, think of us who put in thousands just to wait for nothing, and these so called up-lines who mediate things: I think they are plants used to control the herd, and keep the lawsuits to a minimum. I wish I knew who was behind the fricking scamming! “So called ns1 & ns2 Park- servers are who the site hosts from. And “Stella” , and “Enid” What a fricking joke, I’m gonna prosecute if, and when I get the chance!!!

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