nobsMailing List
Sign up for our free monthly e-newsletter.
nobsNetwork
Nobs Network Forum Nobs Invest - Nobs Investment Community Nobs Forex Blog Forex for Beginner
nobsPopular Entries
This venture is run by the Trust Partner and through a trust (Anstalt) 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.
GPP has one of the most unique and impressive plan I’ve ever read so far! Even if this program could be classified in the category: “Too good to be true!â€, 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.?â€â€¦ the answer is up to you!
This program can close before September, especially with the news that those under 27 years of age will now receive double the original compensation. The member must be under 67 years old when he/she signs the documents once the program has been closed. So, if someone turns 67 before the documents are signed, unfortunately they will not qualify for the €55,000 Compensation.
On the 2nd of April, the GPP membership has almost reached the 50% mark (46,629 members).
Nobsnetwork Forum Global Pension Plan thread
Popularity: 78% [?]
Hi Luc,
As I read through the entire other thread about GPP, it looks like someone is not only risking 30 Euros, they are also risking their personal information. I don’t mind sending my picture, name, address and signature for banking purposes, but aren’t they requiring more than that?
Also, I think that there are more questions than asking if someone is willing to risk 30 Euros for the opportunity. Looking at it from the flip side, one should also ask about what GPP will gain if they either just abscond with the 3,000,000 Euros and/or abscond with the proceeds from the insurance plans. How much per plan are they making? Is there a chance that customers will be financially or legally responsible for anything? When a customer passes away, will their heirs be financially or legally responsible for anything? (I hate to be morbid, but we are talking about life insurance.) How will the life insurance know when someone passes? Why doesn’t the life insurance consider this scheme to be fraudulent? If at anytime the life insurance company decides it is fraud, will they only persecute GPP or will they also go after all 100,000 customers? (I worked in the Health Insurance industry for over 20 years and know that something like this would have been flagged for fraud investigation at my company.)
Sorry to disagree with you, but it’s good to look at both sides of issues before someone makes a decision. It is possible that some or all of my questions are irrelevant. However, they are what is keeping me from jumping on board.
JMO,
Sharon
always with the good reasoning youre like the the other one on the shoulder those are good questions lets see if there are good answers
GREAT QUESTIONS sharonopinion !
THE ONLY ONE THAT CAN ANSWER THAT WOULD BE Global Pension Plan
Its nice to see …someone is asking the HARD QUESTIONS , THAT NEEDS TO BE ANSWERED …this is for benefit of others . rather than looking at it in a rosy colored glasses …
…answers like “go away ” its not for you ” etc etc is simply BULLSHIT ANSWERS ….since this is no B.S. blog …..polyanna and herd mentality …is very dangerous …..FOR THOSE WHO RECRUITED THOUSANDS into this program ….if this program succeeds…good , IF IT FAILS ….a big cow dung in there faces …..THE LAST I LOOK THE WORLD IS NOT FLAT …. no one could give a definitive answers to HARD questions ….answers like “there is no guarantee” is anothere BULLSHIT answer ….NO ONE IS ASKING FOR GUARANTEE …JUST ASKING HARD QUESTIONS .
…THE RECRUITERS MENTALITY IS to BUILD A DOWNLINE , they forget the LEGAL CONSEQUENCES …yes … AGAIN THE DIE HARD optimist will say …its only 30 EURO ….correct so what ! one still has to ask the HARD questions …..
….My concern about this programs are they could ALL BE RELATED to each other ….
…Programs like ICC , HCI25 , GPP , PWW …… now ICC is now in a chaotic situation …..members are waiting to be paid ….they appear to have problems with several countries ( why did’nt they address this in the beginning ! ) or could this be a delay tactic ? …..the problem with OPTIMIST IS they dont want to ROCK the BOAT … THEY LIVE IN HOPE THAT “THIS PROGRAM COULD BE IT ” …IF NOT THEY MOVE ON TO THE NEXT HOPE again and again ….make no Mistake I have been there many times ….
Sorry FOLKS I call it as I see it …its called REALITY …..since this is a NO BS BLOG …
Tell me how they can generate $55 000 (or even $110 000) with only $35 and I’m in.
Yes I haven’t quite figured out the math myself. $35 -> $55,000…. = 170,000% return? (I did that off the top of my head, so it’s probably off somewhat)
I would love for someone to explain how the 170,000% is created out of thin air. The only people that have the power to create money out of thin air are bankers and governments.
$55,000 x 100,000 peeps = 5,500,000,000 which is $5.5B as in billion.
Yes, i agree with the last two posters, these are valid points. I would like to float another, people say o well its only $35 bucks think how good it would be if it works out! or you have to be in it to win it! The problem i see is, at the end of this “waiting” process is some group will have over 4Million USD ! AND a lot of personal information collected on over 100000 people just imagine the quality of their next scam. Think before you give bucks to people you don’t know. They could come back and take a lot more.
Hi, folks
everyone who is interested may download the conference software from the company server
http://www.hotconference.com/software/conference.php?id=20028782
conference room: PWW / passphraze: qwe1234
For international members and guests:
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
The conferencier answers questions abt both PWW & GPP. Don’t forget to ask your questions!!!
it would be nice if someone post the answers here or at nobs forum…:)
just the same questions keep me out…
there is a lot of time before september to get some answers and make a decision…
I joined this group in May of 2006, after being assurred by “Stella” my age was “NO PROBLEM”……I even wrote a note telling her my birth date is 7-11-1940…..her reply, “you are welcome to join the program”………now I learn that I will not collect any money other than referral bonuses, which I have none. I do intend to pursue this, and inform every jurisdiction that will listen about this blatant age discrimination, and false information. I would bet there are several others in my age group that will not be collecting, and joined without full disclosure of the terms. of course, I was never clear how you turn $35 into $55,000 anyway……..but, I sure would have liked to have the chance.
Sorry I couldn’t answer before cause Jude’s blog was down previously (for me at least, maybe a glitch!).
sharonsopinion, I never pretend to be right! this topic is for discussion purpose so your questions are not irrelevant. Again, ALL opinions are very welcome here!
The questions posted above by few members have been (patially) answered in the old topic but I think it’s better ppl follow the PWW & GPP conferences listed above by Fritz in order to get more informations. Thnx Fritz btw!
As soon as I get more infos, I’ll post them here too.
Well okay. Assuming that this principle of reverse pensions is correct then I will wait to see if this site pays out. If they do, then, no doubt they will start another round of reverse pensions and I will join it. Until I see them fulfilling their promises, in this round, they will not get a penny from me. The thing with scammers is that they tell you this is a once in a lifetime oppurtunity and if you dont spend now you will miss the boat. This is total BS. Sometimes it is wise to wait and watch.
I have just spent 45 minutes reading all the comments on this blog. As an active trader in the commodities market( which some claim also is a scam), I have noted the ebb and flow of positive and negative sentiment. It was very positive previously…the latest posts are very negative in sentiment( not character). This is the sign of a healthy market. To the skeptics..here is a question. Just because you don’t fully understand GPP and the rest of the reverse pension plans..does it follow that they are scams? Whenever,I humble myself to how little I really know about the commodities markets I attract wealth. When I let my ego pull me around like a bull with a ring in his nose, I fail. I don’t fool myself. I know I know very little about these programs. I am not in the ego business or in the convincing business. Personally, I don’t give a flip if you agree with anything I’ve said here or not. I have read and reread these websites thoroughly and there are way too many details disclosed for the pitiful sum asked for by these programs.
Hi ThinkandGrowRich8,
I really don’t know. That’s why I asked the questions. The skeptic in me thinks it is a fraud or a scam, but the catch is that there may be a loophole that GPP and others have found and those of us not in the life insurance business don’t know about. Personally, I know the least about life insurance out of all of the types of insurance. I just can’t believe that a life insurance company would allow a w/d of $55-110K or more from a prepaid premium. It just doesn’t make sense to me.
Also, why aren’t they buying the insurance along the way, instead of waiting until they hit the 100,000 member mark. If they are looking for a volume discount, I’d think that the insurance company would consider 10,000 a big enough chunk to make a deal. So, why not buy the premiums for ever 10K members? If they started paying the premiums, I’d bet they’d hit that 100,000 mark in a hurry!
There are just too many unanswered questions about how this actually works. The answers I’ve seen are just copies of what is on the GPP website. Does anyone work in the life insurance industry that could explain from the insurance company’s point of view?
JMO,
Sharon
How about this,
Gimme $100 now, and I’ll give you back $1,000,000.00 in 100 years. Providing that Im still alive and you’re still alive and dollars are still accepted…
Well? Anyone in?
Anyways, I have a couple of friends in the Insurance / Pre-Need / Pension business and simply put, something like this is just a big scam waiting to blow up in peoples faces. The way insurance companies work is that they take the money invested in the plans and invest them in long term money making ventures such as real estate and various businesses.
Think about college scholarship plans. You pay for it with a small monthly fee for 10-15 years, so that when your kid graduates high school, they will be able to go to college with part/full tuition paid by the insurance company. It’s not $35 at one time, but more like $35 per month for 10-15 years, granted that doesnt look like much but when the time comes, the pre-need company will pay for the college bills and so forth. They’re able to do this because years upon years of investments will have matured by then and on top of making a decent profit for themselves, they will be able to cover the terms of the original plan.
The same goes for Life Insurance and Pension. Taking into consideration that nothing happens to you outside your actual coverage, then you’ll be able to leave a hefty sum to those you leave behind. You pay for insurance like this over time, maybe a monthly premium and such, but not $35 for a one time fee.
Anyways, back to my previous offer..
Anyone willing to part with $100 for $1,000,000 a hundred years from now?
I’m willing to take $100 for $1,000,000,000.00, a hundred and one years, provided I’m still alive of course!
Well I heard the Conference call with matters
of PWW …related to GPP ……VERY INTESTING !!! …
There are clues …I have uncovered revealing information of which I will not
discuss in an OPEN FORUM …and I have verified and confirmed .
Hi Liz,
If you’re not willing to tell us the “clues” or better yet, the answers to the open questions, will you please share what you did to verify and confirm? That way others can do the same verification and confirming.
Thanks,
Sharon
Hey guys -
Just wondering where GPP’s ebullion account # is to pay up front, maybe
it’s just me but they say follow instruction on ebullion site, yeah fine, but
need their number. Do I have to ‘sign up’ to find out their number, which
doesn’t make sense since the transaction ID should be entered first
according to the website layout.
Also – anyone figured out a way to convert gold to e-currency at
ebullion yet? I did the same thing as Lily, I didn’t know gold was
any different. I suppose I’ll just contact ebullion but any help
would be appreciated.
Thanks -
Oops never mind found their number on the sign-up – guess i was
a bit over-cautious there best of luck with this everyone!
Hi everyone,
my head is driving crazy. Under a new topic all the old questions which have been answered are back again.
This is outrageous. A few posters wrote in an epical manner abt “life insurance” saying they had read the website of GPP very well. Ooooch!
By the way a “life insurance” with monthly payments requires a health check. A missing question for a health check indicates the offer has nothing to do with a “life insurance”. Did they ask for it?
If you really want to check it out you need a referral-link
(http://www.globalpensionplan.net/?id=stormpiper). Possibly you have to agree to the terms before you are allowed to enter the website.
GPP is a trust and controls both: the insurance company and the bank. GPP itself works as an agent and will get benefits from both sides. What is their task? Collecting 100,000 living persons signing a registration fee. Not more! When this job is done a verification period starts. I recommend everybody to have their profile updated at that time. Afterwards they’ll send you the policy for signing and the
assignment for the benefit of investor who will undertake the onetime payment for you and pay you the selling price of 55,000 Euros. At this moment we will learn who is behind the action.
GPP offers a pension plan/capital-(life) insurance putting the accent on “capital” with onetime payment. This is an investment.
Being incepted the policy needs the name of a living person, a downpayment upfront and a final date (mostly age of 67). If these three conditions are fullfilled the holder of the policy can start working with it meaning he can start earning money.
A possible death of the person named on the issuing data sheet does not touch the living time of the policy in any case.
The bigger the time gap is between issuing date and final date the more money the policy is earning for its holder.
And how do they earn money? Private persons nothing as they don’t know how or b) not interested in.
Professionals give it into a bank for security reason and take out a loan of approximately 60%-80%. They reinvest this money eg. in Forex-Trade where daily earnings (sometimes hourly) of up to 50% are normal not to say common and sometimes much more.
50% hourly in Forex? Or even daily? LOL – you are a joker Fritz!
Hi Machenka,
go back to school! LOL
HI Fritz,
I happen to agree with Machenka. Besides the unrealistic Forex ROI, my questions remained unanswered. I’m sorry, but your response seems like a lot of double-talk and impressive words, but doesn’t really explain anything at all. It just makes me think that this is a scam even more than before.
JMO,
Sharon
Well, I tried to keep you informed with clear infos about GPP and learned its a hard job. My time is limited and I’m not a teacher that’s why I’m leaving.
There is one thing left. My last Forex trade took 70 minutes and ended with a profit of 3.72 percent. Working with a leverage of 5 my total profit was 18.6 percent. I’m not allowed to use a higher leverage as banks can do. They can work with a leverage of 17. Do the maths! Good bye!
Here’s what I understand …I welcome correction please .
1.Signed up fee
2.Sign-off with ALL rights and previliges of the Policy …reserving
a piece of the PIE for YOURSELF .
3. Policy is held …as a security for the Loan …..
By the way this papers have value .
AND also …Fritz you are correct with TRADING POSITIONS ….it is possible .
althought I still have some questions ?
I was introduced to GPP by a friend of mine who has been in MLM for many years, he helped establish Forever Living Products in the UK, among his other achievements.
He was introduced by other big hitters among the UK MLM industry, and has himself signed up at least one solicitor and at least one accountant (mine!).
I am no financial expert but thought if my accountant plus these other big names are getting in then just maybe there is something in it, and for 30 Euros, or £23 in real money, it was worth a go.
Since joining, I have found 2 other similar plans out there.
Dynamic Wealth Plan – http://www.dynamicwealthplan.com/
and
Excel Prestige International’s Worldwide Pension Plan – http://www.excelprestige.com
Maybe they are scams, maybe not. I guess we will find out when the supposed pay days come around.
Well, those are a couple of new names on the block, I would be the first to admit this is the perfect breeding ground for the multitude of pond scum scammers out there. It would be real easy to set up a website, egold and member counter. Since nobody expects a fast return and the majority of the news the members will want is in the member counter.
To be honest though, if one of these ever did pay out as promised (even late) can you imagine the number of new ones that would pop up almost overnight. Worse than that there would be total diehard cheerleaders ready to kill anyone who dared question their favorite program. That could go on for years as in e65, waiting 7 years and many still believe wholeheartedly.
GPP will reach a milestone of 50 % full in the next day, still plenty of time to think about it, but if you are on the fence, keep an eye on it.
They reinvest this money eg. in Forex-Trade where daily earnings (sometimes hourly) of up to 50% are normal not to say common and sometimes much more.
At this rate, the trader will become more rich then bill gates within a year time. Come on Forbes show the new list of richest man in the world! His name is Fritz!!
I do like the way one of those listed above did a simplified explaination
“The figures and calculations involved in this program are more complex than illustrated below, but this is the simplified version.
Upon completion of the program (100,000 members achieved) each member will have a pension plan set up for them by our experts with a face value of $250,000 (this is the contract maturity value when the member reaches age 65).
A mortgage is then raised on each policy through our investment bank for 60% of the face value, a sum of $150,000.
The mortgage is used to pay for the $60,000 premium amount on the policy and give the member a $70,000 lump sum. This is your ‘Reverse Pension’ payout.
This then leaves $20,000 from each policy to cover members additional referal bonuses, any additional administration costs, the fees and bonuses payable to our financial experts and also our profit for putting the program together.
The pension policies are then sold on to another bank for a discounted sum of around $160,000. This money pays off the mortgage raised plus any interest or charges accrued.
The end result being:
The pension company sells 100,000 new policies.
The first Bank used sells 100,000 mortgages, has 100,000 new potential customers for other products, and returns a fast $10,000 profit on each policy.
The second Bank used buys 100,000 pension policies worth $250,000 for $160,000 each, realising a long term profit of $90,000 on every policy.
Excel Prestige International and our financial experts receive several thousand Dollars for each policy.
Members receive a $70,000 payout for their $40 enrolment charge plus an additional $2,000 for every other member they personally introduce to this program.
Everyone wins.”
Marco, I’ve checkout the other two similar ReversePP sites similar to GPP. I would be very cautious about putting money into dynamicwealthplan, it seems they have copied almost verbatim the contents of GPP, big red flag if you ask me.
Excel Prestige sounds more plausible. Just wondering how long they have been around and what their membership count is to date.
LOL Makila!
Anyway, i joined this out of curiosity – not putting to much faith in this, but the idea is interesting. I wouldnt advice people to join if you think profits are made by earning 50% in Forex in 1 hour consistently.
If this program is real, it shouldnt be neccesary to use the money we pay to invest with. It will be exciting to see what will happen when we hit 100.000 members.
/Machenka
I don’t want to criticize anybody but Fritz you have to admit your example is exaggerated, you cannot produce this ROI in the long term (and with Forex only) it would be too risky meaning NO guarantee for members to get their payouts. Makila is right, you would be one of the richest men of planet in NO time (maybe we’ll see your name in Forbes magazine).
GPP uses obviously different streams of income and something more secure.
Forbes magazine is for the ‘poorest’ of the rich.. the ‘real’ richest of the planet aren’t in Forbes, they’re not listed anywhere.. only the private bankers in Switzerland know their identities
But Fritz if you think you can make 50% gains like that all the time, I’ve got some property on the moon I’d like to sell you. It’s a really good deal.
GPP just hit their halfway mark. Just under 50,000 contracts remaining to be filled.
DD is necessary and helpful for weeding out the obvious scams but after all is said and done, we have only our gut instinct to guide us on whether or not to spin this wheel. BS answer? Nope. This is an ultimate truth in the HYIP world.
Opie999 :
How could you conduct an appropriate DUE DILIGENCE …if you lack information .? … as I said RECRUITERS THINK IN TERMS OF MEMBERS ,
IF IT FAILS …oh well NEXT ?
Instinct ? I am SURE YOU PARTICIPATED …. IN MANY SCAMS YOURSELF ?
…at this point of the game …instinct is NO LONGER A FACTOR ….facts and information …. you dont have that just another worm farm scam .
Just being a devils advocate … it is always good to have dose of REALITY .
cashking, I hope you were kidding! In Forbes you have the TOP 10 (the 10 richest men in the world) and you are saying that this magazine is for the “poorest” of the rich?…
The problem with the private bankers in Switzerland is that their accounts are kept secrets (even the government cannot check) am not sure they are fighting enough against money laundery.
But if you find an anonymous & “HONEST” person who has his money in a swiss bank and is richer then Bill Gates or Warren Buffet, just let me know!
Today, Abr.17/07 (00:00 hrs.GMT)
Members registered:
50.205 members
GlobalPension is growing quickly.
Is Reverse Pension Plan program most important online.
For more information, please visit my blog:
http://globapensionplan-tk.blogger.com
or my site:
http://www.globalpensionplan.tk
regards.
euken.-
LizL
My point about DD was that it certainly has it’s place and undeniably serves as an important tool in helping us make informed decisions. But no amount of DD, appropriate or otherwise (whatever that means), can guarantee against a loss of your money. Even if a particular program is 110% transparent, you’re putting your faith (using your instincts) in the skill and competency of the individuals running the show. I would offer NSFG and FXE as shining examples of programs that held great promise based on outstanding DD.
Ah, yes. Recruiting. Otherwise known as gathering referrals. Some would describe this activity in less flattering terms but everyone knows what we’re talking about. From your tone I can only surmise you are above such crass behavior. Good on ya’, Liz. I’m sure Mother Teresa would be very proud of you.
If by “PARTICIPATED …. IN MANY SCAMS” you mean to say I’ve been a victim of scams then yes, a few. Haven’t we all? I’ll give you the benefit of the doubt and assume you weren’t accusing me of knowingly promoting and participating in fraud.
Again, facts and information are great. They’re crucial, vital in fact. But our instincts, our intuition if you will, are *always* “a factor”. They are the ultimate factor. When faced with the choice between two equally transparent programs, instinct is our final and *deciding* factor. Ignore them at your own risk.
LOL! Liz, you make an excellent devil’s advocate! I agree reality is a most wonderful thing. I personally prefer it over fantasy.
Luc,
What I meant by the poorest of the rich in Forbes is that Forbes magazine lists the richest “known” people, not the “real” richest people.. do you know what I mean? In other words, Bill Gates, etc. are public figures, they pay taxes, yadda yadda.. but that doesn’t mean they are the richest, they are just the richest listed in that magazine.. they are definitely rich, but the real richest people on the planet are far richer than that, they go well into the hundreds of billions.. and their assets are structured in a way as to make it impossible for Forbes (or anyone else for that matter) to point their finger and say they have exactly this amount of money.. the richest of the earth control money through foundations and trusts, they don’t keep xx amount of billions in their checking account where everyone can see it.
So no, I wasn’t kidding. About money laundering, Switzerland doesn’t allow that.. your perception of them is completely wrong, their secrecy laws don’t apply to criminals.. if people have dirty money or are criminals, they immediately release the info to police, governments etc… so it’s not like you think… and by far many people, perhaps even people you voted into office in your country, have accounts there.. “honest” and “dishonest” are relative terms, but the point is there are millions of people with huge amounts of money stored there because it is a good place for banking, and some of those people have far larger amounts than what the people listed in Forbes have
Im in GPP. Also I thought “what the hell” and joined the excel program as well. I know its a risk but i spent more than that on a three legged donkey in the grand national last week!
http://www.excelprestige.com/index.php?refId=15
cashking, of course the private swiss bankers will not say – or admit – publicly that they are allowing money laundering. And nobody could know for sure (except the swiss bankers themselves) as long as they keep the banking informations strictly confidential.
What we know for sure is that the neo-nazis who’ve made fortune illegally had invested massively in the Swiss bank before they found their accounts frozen by swiss government (due to the pressure from the European Union). We also know for sure – after investigations – that Bin Laden and many other prominent dealers (in gun smuggling, drug trafficking,…) have invested in the Swiss Banks via a “screen”(or “smoked”) companies.
A TV report showed a guy (with a hidden camera) who invested a BIG sum of money in a swiss bank and he did it very easily without much controls.
Now the fight against money laundering is a priority for Switzerland (again due to European Union & International pressures). Switzerland has been accused to be too liberal. I don’t believe this country will stay a tax haven or a paradise for dealers any longer… Time is counted!
Luc,
Just like a drug dealer or terrorist can use “screen” companies to open bank accounts in the USA or any other country, it is possible in Switzerland too… people slip through the cracks all the time but I don’t think Switzerland is worse than any other place.. no bank is perfect, and the important part is that they shut down the account when/if they find that the person has illegal money deposited there.
The controls to open up an account there are the same if not more stringent than anywhere else. You need your passport, proof of residence, etc. just like anywhere else! So although things might have been more liberal in the past, it’s definitely not that way anymore due to international pressures as you said.
Swiss Bank should NOT be as secure as the other banks BUT much much more secure.
You’ve never asked yourself why so many rich people are investing in Swiss banks instead of the other banks?… because they have more advantages of course. In that case, Swiss Bank should have more strict rules or requirements mainly when people are investing HUGE sums of money.
OK! Back to the topic!
To all who have responded above, thanks for the info. It has been a pleasure reading you. My question is: Has anybody thought about organizing a lyncy mob, or some other form of justice procurement method, in the event that GPP does exploit our information? Of course we’re not worried about the small investment.
The same question could be asked about any HYIP, many of which abscond with very *large* sums.
GPP requires only proof that you are who claim to be. Any picture ID will do, i.e. a drivers license. Far more sensitive personal information can easily be harvested online for free or very low cost. It makes no logical sense to go to such absurd lengths merely to obtain your name, address, and ID#.
I think some of the older programs are genuine, but some of the newer ones are not, as the whole RPP scene is starting to look like the birth of HYIPs a few years ago..
GPP has grown to 51,934 which represent an increase of 1,934 members since last Monday.
This is the LATEST Forum NEWS FROM STELLA on 19 April 2007:
“Dear Members,
I wanted to take the opportunity to send you a brief thank you message for all your support, hard work, effort and determination in helping Global Pension Plan become the number one opportunity on the internet.
Due to the efforts of everyone, I’m delighted to announce that yesterday we passed the 50,000 member mark – a big milestone towards our ultimate goal of 100,000 members.
It has taken just two years to get 50,000 people on board – an average of 70 new members each day.
As our influence and opportunity spreads, we are experiencing quicker growth than ever before as signups are increasing at an almost exponential rate. Current signup rates are about 245 new members per day and it increases week by week.
We are fully expecting to reach our final goal by the end of the year. Current projections, based on the signup rate (and the rate of increase of the signup rate!), we predict that by early December the opportunity will be fulfilled and the payouts are due.
Everyone here at Global Pension Plan is dedicated to working towards your success. So once again, we would like to thank you for all your support and effort in the last two years
and lets look forward to a prosperous December.
Regards,
Stella & The Team”
So this program needs 48,066 more members (from the time of the writing of course).
I hope December is the last move up. First it was July, then September now December. Mostly hope it works. Certainly worth the extra time if it does.
4tune,
Unfortunately GPP cam only estimate the end date. It’s really up to us, the members.
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!!!
I’m agree with you Don, it’s up to us.
GPP is very conservative in its forecast so that nobody would be disappointed if they don’t reach the goal before this deadline.
Hi guys,
I haven’t yet joined GPP but plan to. Have been a broker for a short period myself I know which returns (and also losses *lol*) are possible. But I have to admit that RPP’s are a total new thing to me.
I have given some thought to the concerns which have been posted here, esp. regarding giving out all our personal data, ID and bank details and possible scammers (if they should turn out to be scammers) might exploit this data from 100k people.
Here is my $0.02:
1. We don’t give them any sensitive infos upfront except our basic data.
2. When day X comes and they send out the policies and contracts to sign and ask to verify our data etc. at this point we’ll see which parties, i.e. insurance company, bank, trust are actually involved and we’ll have a much better position to tell whether they are legit or not.
If it turns out to be a known international insurance company which I think should be (if they are legit) as the sums involved would barely be handled by a small local Joe company, then we won’t have a reason not to trust.
If however the parties involved should be unknown then I’m sure heaps of folks here would start digging deep the rabbit hole to find out more. (= real DD)
3. In addition to #2 the payout shall not occur when we don’t verify our data and everything is signed and sent back. I’m sure there will be “first movers” who will handle that all quickly and gladly report IF they got the payout or NOT.
Does it all make sense?
Regards
Mike
P.S. FRITZ, you seem to have some more in depth insight. Will there be more of those conference calls or would you be able to share more infos in private?
Just forgot to add… that when we see which parties are involved we can still decide NOT to proceed and send anything back.
Mike, the biggest problem with that is that all the paperwork on every menber has to be completed before any payouts start, I predict to will take much longer to do the paperwork than expected. Hopefully not as long as it took to fill the membership.
Lily,
If the payout depends on all 100,000 returning the paperwork, then we’re really SCREWED!
Some will have moved with no forwarding address, some will have died. A 100% response would be impossible.
Hmm…so basiclly you people will send your ids and personal info to theese people. They will borrow 120000euro in your name and supposedly buy pensioninsurence for 41000euro that will pay a lump sum of 200000euro whenever people retire at 67. Then sell theese policys for some weird high sum to a third part and pay back your loan.
This thing is stupid. What if everyone that signes up would be aged 66. Then theese policys would have to generate 41–>200k in just one year. Such policies doesnt exist…
They should also get another translater. Im Swedish and the swedish translation have a completly diffrent explenation about the whole thing. Its all about some billionare investers who needs people to set up theese endowment policies which he later will buy…
“Theres an idiot born every day”
Hi again you people bring up some very good points & I know that there is a conferance call on Tues.& Thurs.7:15 pacific& 10:15 Eastern this gentleman is a member not rep for GPP he has alot of knowledge & also will take questions.404-920-6656 pin8629217
I have a membership for my girl& her 14yr old son. So if it happens he will get 110,00Euro= $144,000 right now. that by itself is worth alot to me knowing that he can have choices in life & can buy a home & move out as we will not let him have that kind of cabbage in a lump sum without a good plan other wise it will be a staggerd trust fund. nobody gave most of us that kind of advantage. Sorry I got off the topic a bit at least I’m not raving about the Iraqi Dinar or the Dong that has me all worked up this year. I know another thread! Does anyone know more about ICC or IPP? IPP is on hold but the owners of the plan wants to close & pay with 5003 members?? or refund $$ if he can’t fullfil the plan I have 2 contracts with that one &32,000 for $32 wouldn’t that be sweet . If one of these would just payoff & prove themselves we know they’ve done these in Europe at a smaller scale & been successfull. MY TURN. THanks for puuting up we me BYE BYE DC
What I dont get is why you dont perform this process yourself if you belive it works. Buy a 41000euro endowmentpolicy and then sell it the next day on the open market for 120000euro.
This is probaly the most retarded scam I have ever come across.
@tjock and 3rik,
endowment policies are traded every day on the LSE. This kind of investment is not widely not known but very common in the UK. It’s the secondary market for insurance policies mostly unknown to normal people. They are traded like stocks.
This does not tell us at all IF GPP is a scam or not. It only explains that this form of investment exists.
If GPP is a scam or not is yet to be determined. It’s a sum of around $40 which everyone can decide whether he wants to risk or not.
@ Lily and DD
When the membership reaches 100k we will see whether it is a scam or not. If it’s not a scam we’ll see which insurance company and trusts are involved. At this point we still have the choice of NOT to send any private information back.
Regarding the amount of paperwork. A project of this scale can only be accomplished by a large insurance company which anyway issues tens of thousands (if not even much more) of different policies each and every year. I think a few months waiting time would be normal. Even if you have a regular policy you always have a notice period of 1-3 months and then you get the payout.
To add to this, let’s say it’s a known and reputable insurance company, wouldn’t it be worth to even wait 6 months or more in order to get EUR 55,000/110,000 for doing absolutely nothing?
If this turns out to be legit then the payout is the least concern, don’t you think?
And the payout will only occur – according to GPP – if the data provided at the registration matches the returned papers. So the responsibility is upon the members to keep their data up to date in the members area.
False/Inaccurate data = no policy = no payout
And if someone dies that person wouldn’t be able to send any paperwork back anyway, correct? No returned papers = no policy. When someone dies their ID’s become null and void.
No returned papers = no policy = no payout
No valid ID to verify = no policy = no payout
Does this equation make any sense?
This seems like some kind of charity event. Some kind of behind the scenes investor are supposed to buy all theese polisies for 12billion to get a 40% return in an average of 33 years. Compensating for inflation this guy will loose out on the deal. Maybe its Bill Gates doing handouts in a weird manner?
I have to admit that I have never traded theese endowment polisies (only work with stock and derivates), but theres no chance in hell that their value will just tripple over night. Why would anyone want to pay 120k for something that another person invested 41k in the day before when the basic fundamentals havnt changed? Its just retarded…
Time will tell!
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 updates coming later!
Good luck to all of you. I hope you realise that they say in plain text that they will mortage each and every one of your personal policys for 120k. LOL…thats money that YOU will personally owe the bank. 120k….
TAKE EXTREAME CAUTION WHEN YOU SEND PERSONAL INFO AND COPY OF ID TO THEESE PEOPLE!!!!!!!
Tjock, as DD said above only time will tell. But what do you bother to post here? If you don’t trust this program nobody force you to come here.
You can read latest update from Stella here: http://hyipblog.nobshyip.net/2007/04/30/global-pension-plan-latest-update/#comments
I was all set to join GPP when this problem with 1mdc arose. Again, in another forum I found a negative reaction from one of the most consistent promoters of GPP. He/She thinks that the deadline setting has killed all his hopes. To him, this is the beginning of excuses for non payment later. What is your opinion Luc? Also, as Tjock says, will we personally owe that HUGE amount?
Purna Maitra,
GPP doesn’t accept payment via 1mdc because of what happened recently in the e-currencies world but sounds like it’s a temporary situation and 1mdc will be back on track soon. This has nothing to do with the reliability of the program so you don’t have to worry.
Now I don’t know why the new deadline should kill all hopes to the GPP promoters? And in what it should be the beginning for non payment. Setting a deadline is a good idea, as when we have a definite goal to reach, we tend to put in more effort to get the job completed. And it’s highly possible to reach this goal in 4 little months: see the last increasing, more and more ppl are joining and it goes fast.
Anyway, we have only 4 little months left to judge if this program will pay.
Hmmmmm……
The projections to reach 100,000 is September 2007, and they set a deadline for August 2007.
Like I said…Hmmmm!
@tjock
Your concern is out of proportion.
No one will owe anything cause you will be asked to sign that you transfer all insurance benefits to a 3rd party, in other words SELL your policy, in return you shall be compensated.
As I mentioned already earlier IF it turns out to be legit and we hit 100k we’ll learn WHO will be behind ALL THIS. And still have enough time to do our DD, enough time and sense to decide what to do next, if we send anything signed back OR not.
So there is no need to panic now! There simply is no need to it. Period.
Quote:
“Good luck to all of you. I hope you realise that they say in plain text that they will mortage each and every one of your personal policys for 120k. LOL…thats money that YOU will personally owe the bank. 120k….
TAKE EXTREAME CAUTION WHEN YOU SEND PERSONAL INFO AND COPY OF ID TO THEESE PEOPLE!!!!!!!” – End Of Quote -
Now something else. What I find myself “suspicious” after joining are following points:
1. Suddenly we have a deadline
–> How can we be sure that 100k will ever be reached. Is this figure correct at all?
–> Who tells us GPP won’t tell us end of August that “unfortunately we didn’t reach our target of 100k” and thus no policies issued.
==> Since there is no refund, in such a case WHAT happens to the funds then??
2. The GPP Forum
–> The forum is almost non-existent. Why is everything blocked? Why are members not allowed to post anything? Where do GPP members post officially and ask their questions?
–> Evey phpBB forum has its members count at the very bottom set at default. Since everyone who joined GPP automatically is registered to the forum it would be very easy for us to verify the members count.
The members count display of the forum has been de-activated/removed on purpose. I wonder why?
3. The domain globalpensionplan.net
–> I found odd things in the domain registration which I cannot further pursue since digging deeper would cost me to subscribe since looking into the whois history is nowhere for free. You can see for yourself what I mean. Visit http://whois.domaintools.com/globalpensionplan.net
The whois info is protected which was no surprise for me. I hide all my data either when regging domains. But what I found odd are the points IP History and Whois History. The latter literally shocked me since there are a staggering 162 records since November 2005! What does that mean? It means that the registrant’s data has been changed 162 times in under 2 years. 162 different changes of owners of the domain? Not likely but then again who knows? The only way finding this out is by clicking on the 162 records link and you would be able to see ALL 162 whois records, likely most of them anonymous either but also possible that the original owners come up at the very beginning etc. The IP number has been changed 8 times which could be explained with server moves, though 8 times in under 2 years is also too many times in my humble opinion.
Here http://domain-history.domaintools.com/?q=globalpensionplan.net&page=results at least we can see the frequency the registrant’s data has been changed, dating back to Nov 20, 2005. I’ve never seen such pattern that every few days, in 2007 almost every day the registrant’s data has been changed in the whois. WTF?? This is a little more than suspicous.
To add to the topic of “endowment policies”…
…no bank or insurance company will wait until anyone turns 67 and then cash in!
The moment you sell your policy it will be traded many many times, over and over, generating revenue for them all the time and NOT in i.e. 30 years.
They will be used as a leverage for other high yield investments which in turn will bring them far more revenue than those “official” 80k or how much they would get IF they would wait until they expire.
I think if we knew how much yield they will approx. get we’d ask for a bigger share. I believe most would be shocked of the yields they can achieve when used such papers as leverage for other investments.
That’s only IF GPP is not a scam.
* Tell 100,000 people to throw in a “mere” 35 bucks in exchange of 55,000. Sounds like a good deal doesn’t it? Who would say no? After all it’s only 35 bucks.
* Total operating costs for the scam = very low
* Total paid out to the gullible participants = 0
* Total rake-in for the scammers = 3.5 Million
* Ingenuity of the scammers = priceless
For the life of me I can’t understand why people who truly believe this is a scam keep spending thier valuable time in this forum.
DD – I’ll answer your question, at least I can speak for myself – I hit this blog once a day or once every couple days, but when someone replies to any thread I posted in, I get an instant e-mail in my inbox alerting me to the fact, so I click on it. I scroll down and read the latest comment(s), then I might comment (or not), then close the site and move on back to work
As far as why we spend time on this site, it’s because Jude is running a fantastic blog here and a lot is discussed&reviewed here, scams and non-scams alike…
P.S. – when you get your 55,000, let me know as I have some property on the moon you might be interested in purchasing at bargain prices
DO I SENSE A LITTLE GREED AMONG US? “WE COULD GET A LARGER SHARE, ETC.” I THINK THAT EACH ONE OF US KNEW THE POSSIBILITY OF BEING SCAMMED WHEN WE SENT IN OUR $35 BUCKS. BUT LIKE MOST, WE GOT EXCITED OVER THE $55,000. NOW WE’RE HAVING SECOND THOUGHTS OR WE’RE TRYING TO FIGURE IT OUT OR JUST NIT PICKING IT. SOME OF US ARE JUST ENJOING THE DISCUSSION. AT ANY RATE, WE ALL FIGURED WHAT’S $35 BUCKS. WE THROW THAT AWAY ALL THE TIME ON SOME MEANINGLESS JUNK. SO WHY DON’T WE JUST GO BACK TO BEING EXCITED OVER THE PROSPECT OF A GOOD PROFIT ON OUR “INVESTMENT” AND QUIT WORRYING ABOUT IT. IF IT HAPPENS, GREAT. IF IT DOESN’T, WE’RE OUT OF $35 BUCKS AND SOME GUY(S) GOT OVER ON US. PROBABLY ISN’T THE FIRST TIME, PROBABLY WON’T BE THE LAST. YOU HAVE TO GIVE THEM CREDIT THOUGH FOR A PRETTY SMART IDEA. PERSONALLY, I THINK IT’S GONNA WORK. OH, ON ANOTHER SUBJECT (IF ALLOWED) DON’T BUY ANY GAS ON MAY THE 15, 2007 AND LETS SOCK IT TO THE GAS COMPANIES FOR OVER A BILLION DOLLARS. TALKING ABOUT GREED!
Oops, can the Admin pls delete my last post? I cannot edit it.
We are not supposed to talk about the payment methods… Thanks!
4tune,
Great idea about the gas boycot on the 15th. The oil companies won;t worry though. They know we’ll fill the tanks on the 16th and they’ve lost nothing.
Dont understand why people in the US are complaining about gasprices. Just like in the middleeast you people basiclly get free gas. You wont find gas below $7/gallon anywhere in Europe…
Yes, the gas prices in the US are ridiculous compared to the prices in Europe.
You guys should stop complaining, gather people and demand for “free energy”! If you don’t know what that is google it up. Free energy devices exist and existed for decades now. They are all hiding it from the public. If they wouldn’t do it, they would easily lose their power and their income which is based on exploiting and milking people.
The same for water cars. When they tell it will take another 10-20 years to have such cars widely on the streets then they are blatantly lying for such technology exists at least for a few decades either. Actually every current car could be modified with a kit to run on water from your pipe.
==> No need for building new cars and buy new cars, no need for those bullshit hybrid cars and no need to spend billions to research new technology which again will only make you dependent again, and to buy your specific “water fuel” at the stations and thus actually nothing would have changed.
Hi
For those who think our €30 is the money they invest.
Read below.
And the rest ov the info side is at this link:
http://www.globalpensionplan.info/globalpensionplan.html
BUT WHERE DOES ALL THE MONEY COME FROM? SOMEONE HAS TO LOSE!
No, actually not! The funds are already in the reserve set aside by the Bank for the purpose of purchasing assetts to increase the wealth of the Bank. Therefore, the funds already exist. It is important that you understand this aspect of the program – THE FUNDS ALREADY EXIST. I need to say it again – THE FUNDS ALREADY EXIST. It is not your membership fee that is invested and expected to turn into the payout amount. Please understand this important aspect of the program.
THE BANK, for sure, has to pay out a massive amount of funds to purchase the policies, but when the person who signed up for the policy becomes 67 years old the Bank will receive €200,000. This is a profit of €80,000 for each policy and a total of €8 billion.
Lots of sceptics out there. I’m one of those who have signed the family up and like everyone else hoping that the gamble pays off. If you’re sitting on the fence and have £23 to spare why not take a chance.
My concerns are getting my hands on the money if it pays off and the tax implications of say paying off my mortgage. Any suggestions out there????
Thnx BKB for this useful info so that help ppl to understand better how does this program work.
The real program here is what lies beneath. Until now we’ve had a cutoff figure for memberships: 100k. But now, we know the identity of the previously unknown variable: time horizon. So, members are now not only incentivized to bring others onboard by a rather attractive referral bonus, but pressured to recruit as well with 1 Sept 2007 looming in the distance. The description of the program is something to behold, but the real genius here is how the GPP administration is subtly manipulating its membership into catalyzing the influx of “administrative fees”. This is a bit like the Walmart model: high volume, low profit margin per item. As many have conceded in the comments above, 30 euros is chicken feed, and that they’re more than willing to part with that amount of money, even if it is probably a scam, in hopes that GPP is legitimate. So, people are willing to give 30 euros away if there is some chance of legitimacy here. Of course, there is *some chance* (infinitesimal though it is), simply in virtue of the fact that there is no hard evidence discrediting GPP. Thus, the money continues to flow in….
GPP will get their 3M euros and disappear, and no one will go after them because their personal exposure amounted to a measly 30 euros, or perhaps 30 euros for each member of their family. What’s that, half a week’s grocery bill? 100k people will pick themselves up, dust themselves off and move on to the next golden opportunity.
I have been offered the same ‘opportunity’ as others in this thread (which I have read entirely and throughly). All my own concerns and initial views (of which there are many) have been raised. My opinion as a result or reading the thread is, yes, wait until August to see if the 100,000 have signed up and then watch and see. The offer will come again if this truly works; so I really don’t think I am missing out by declining this time round.
Close friend of mine is in. I was tempted to follow suit, but my good friend told me a strange story. Being the careful sort, he decided to change his all-so-secret password. And hey presto! GPP promptly emailed to inform him that he has changed his password and, in the email, told him exactly what his new password is!!! Of course nobody can read his email. Of course all emails are hacked-proof! I can see that GPP is so unprofessional &/or naive &/or ignorant &/or incompetent. What does it matter anyway if the whole world knows your password! You are dutifully queuing up to be scammed, come September. My euro is safer somewhere else. I am taking my friend out for a cup of coffee, small consolation though’ for his 30 euros!
Am I the only one wondering about the new payment options? All of them clearly shows the payments are going to Latvia…werent this supposed to be from Liechtenstein?
/Machenka
ah…any old European country beginning with “L” will do….
In my opinion the new payment options, some of which will leave a traceable paper trail, add to the legitimacy of the program. Many things could still become issues, but for me, I’m quite happy with the changes so far.
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.
Let’s wait and see!
Luc,
You really should learn to read and follow instructions. GPP members have been given explicit instructions NOT to leak alternative payment options to “outsiders”. Nice one Luc, great display of support for GPP. You have essentially jepardised these payments options by your foolish actions. Well done once again!!
Posting the details probably was not a good idea since GPP could use that as an excuse NOT to pay out…
On another note, I’ve read somewhere that 2 other programs already reached their min. membership target and allegedly are preparing the payout process.
Can anyone tell me which programs these are? (with URL)
Thanks,
Mike
P.S.
Jason, I think you should shut up sometimes, you are an impulsive guy. Don’t jump on the gun too fast without thinking. Why are you saying: “Well done once again”… Why AGAIN? Can you tell me when I jeopardized a program a SINGLE time?
This information I gave above was listed in few forums/blogs and I don’t see in what it would jeopardize the program. Normally only serious investors or ppl who are really interested in this program should come here. NOT ppl who want to put this program down or are yielling scam permanently (without real proofs). I don’t understand why do these guys bother to come here?
Sorry to be so harsch but the truth is what it is!
Hi Luc, saw what you posted.
Few questions,
First Oceanic Trust
Memo: Acc. 5512881-19
Mail the cheque to:
BCM Drawbridge House
27 Old Gloucester Street
London WC1N 3XX
England
This is an offshore bank whose registered address is at Somali.
Register office address :
Central Bank Building
Corso, Somalia 55
Mogadishu
Somali Democratic Republic
http://www.firstoceanicbank.com/content.php?page=contacts
I think certain scrutiny must be made here….but of course I do realize that its an offshore bank…
And there are fees that needs to be paid as well. Meaning, total cost for the program has increased.
So, without egold or 1mdc, how is the company going to pay the clients?
Some people just never get it…
“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.”
I’ve seen it in 2 other places besides here and the truth is with over 50k members it is bound to be leaked. If they were to use that as an excuse to not continue with the program and /or not pay then I’d have to believe it was planned as a total scam from the beginning.
As far as where the payment addresses are located, I would seriously doubt they have had an actual office set up for almost 2 years now. The amount of workload really begins when the program closes, although they say they have been filling out members paperwork as they join, how long does it take to type in names, addresses and whatever little information we gave during the signup.
My nick is D.D but I’m different from DD who has posted some here (it’s just coincidence).
I would like to comment about what Mike said, that we are going to know who the insurance company is, when we fill in the forms.
Mike, obviously you’ve never been in this kind of program before, am I right?. Yes, most of them are new, but actually there is one which started back in 1999, the first program of this kind. I’m a member and I’m sure some of the people here too. (Please do not ask any questions about this program as we’re not allowed to share any info, but it is closed for years and therefore it does not matter anymore for anyone not in the program)
This old program is one of the two programs which have reached their membership quota, but it’s the only one who has done collecting forms from members. The second is a newer program but as their member, I know for a fact that they haven’t even released the forms to fill in.
If anyone thinks that we would KNOW the identity of the insurance company involved, I’m sorry to say that it’s never going to happen with any of the programs.
Why? Their reason will be the same and only one : privacy. They would claim that the insurance company would not want 10,000, or 100,000 people start calling/emailing/visiting their local offices overnight. They would claim that not everyone at the company knows about the program, only a handful does. They would claim that it is done that way to protect everyone including us, etc etc.
If you are not sure with what I’m saying here, let’s just wait until the new programs start releasing their forms. Then you will see that I am right and that nothing about any insurance company’s identity can be found on them.
What’s to make from it? Well, very hard to say. Until one of these programs pay out, we have no way to tell if they’re for real or they’re simply scams. And even if one of them does pay out, it does (!)NOT(!) automatically ‘confirm’ that the other programs are all the real deals too. I’m saying that of all the fish, some of them may stink.
As a member of the old program, I’m familiar with how the newer programs ‘claim’ how they work. Needless to say, I did my due diligence before joining any of them and I must say, so far I have only joined ONE of them which I found to be credible, based on what I know. As for the others, let’s just say that I have my doubts and that they’re making very good money.
Everyone, when any form is released from any of the programs, try looking for any identity of the insurance company. Chances are, you will remember this post of mine.
Good luck everyone, and please be cautious with your hard-earned money. It may be only lunch or dinner money to some, but it IS your money..
Luc, I must humbly apologise, for I have over estimated your intelligence. You obviously aren’t capable of detecting sarcasm. Based on this new revealing information about you I can’t really fault you for your actions, you can’t help being who you are. Please do not bother replying to my post for I am afraid you will sound real silly once again.
Jason, if you were talking more niiiccceeelllyyy (lol!), I wouldn’t be so rude! But forget about it and let’s this thread be a great place for all of us! In the words of that great humanitarian, Rodney King once said: “Can’t we all just get along?”
SgBoy, you are wondering how GPP is going to pay without egold or 1mdc?… because of what happened recently in the e-currencies world but it’s probably a temporary situation as I said before. 1mdc would be back on track soon (I believe!). GPP is using offshore banks in order to keep extra fees as low as possible. It’s only method of payments for members who want to join the program but the funds will be paid out to members ALL AT ONCE via a complete online banking solution, they are still working on it.
You guess they won’t use egold or 1mdc for the payouts after what happened to egold, they need a more secure method of payment but also cause the amount of payouts will be way too high for ecurrencies to handle.
Hope that help!
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.
@ D.D.
The procedure you describe might be true but it doesn’t make any sense at all, at least legally.
An insurance policy can be only issued by an insurance company. In order for the policy to be legal and legitimate it must be signed by YOU and no one else. No 3rd party is allowed to sign an insurance policy for you, I think even with a power of attorney this is nowhere legal. Such a policy must be signed by the original person.
Now with what you said, I almost guarantee, that at least 50% of GPP members (if we really reach 100k) will NOT send any personal documents back if no reputable company is visible on the policy. Handing out passport copies with your signature, full address etc. this could be used to forge any documents, policies etc.
Now if 50% of GPP members are hesitant to send anything back, then GPP misses nonetheless the min. quota of 100k members and still would be 50k members behind.
What happens then in such a case?
Since Stella and GPP mods are reading this blog also, it would be very commendable to come out in GPP forum and address ALL such questions and concerns fully instead of swinging empty phrases, justifications and sales pitches!
@SgBoy
I doubt First Oceanic Trust and First Oceanic Bank are the same entity.
The trust’s website is http://www.firstoceanictrust.com/index.php?page=contacts
Mike, obviously you are not in the old program, so what you have been doing is simply assuming how they will be doing things. Big difference with us who were in the old program, we have gone through everything, everything the newer programs have only said that they would be doing and then some.
We SIGNED the forms, all of them. Who ever told you that we didn’t? You assumed that, and you assumed wrong. When the program you’re in starts releasing their forms, you will know exactly what I mean. I can not say anything more about this matter or I will risk my membership.
D.D>> did u get the cash for the first program u signed in? Meaning to say, they are such a thing as this kind of programs?
If oceanic trust and bank are different, why is the address the same?
No First Oceanic Trust incorporated in the UK. There is a First Oceanic Bank, however. And as SgBoy points out, the addresses are the same. Are they two parts of the same entity? They do provide different, but complementary services between them, so it is certainly possible. Notice “Trust” and “Bank” are in red in on their respective sites, so as to specify them as distinct, but related. The phone contact for FOT is in Riga, Latvia, which is where FOB’s “administrative services” are located (well, in the “Baltic states”, anyway). Probably they subsidiary corporations of the same firm/group/people/whatever. FOT is a newer site by the look of the design, the copyright date in the footer, the date the website was created, etc.
Now, have a look at FOT’s home page. Read the text. Now have a look at this.
Look at the first paragraph (in bold) on FOT’s Asset Management page. And now look at this.
Look at the remainder of the text on the Asset Management page. And now compare one Jennifer Harper’s article (uncited on the aforementioned page) here, amongst other places.
FOT’s Corporate Trust Services page? The entire thing lifted from here.
FOT’s Escrow Services? Seem to be identical to Escroserv’s.
I didn’t scour the entire site, but the above amply demonstrates the point: FOT’s site (the entire site) is an amalgam of other sites. Do people lift text from other sites to put on their own? Sure, all the time – that’s nothing noteworthy. Where it goes wrong in FOT’s case is that they are referencing long, involved lists of very specific services that just happen to correspond exactly with a variety of other disparate and unrelated entities.
My guess? FOT is full of crap, and is most probably an empty shell.
A couple of different things could be inferred from this.
First, FOT is fake and unconnected to FOB – which is legit, under this scenario – but piggy-backing off of them by using a similar name, similar website design, the same address (which looks to be a nothing more than a virtual office-type setup anyway), etc.
[Continued below]
Second, FOT is fake and IS connected to FOB, which is also fake. There is some question as to whether FOB is incorporated in Somalia (one of the most unstable countries on the planet – Black Hawk Down, anyone?), and also some question as to whether they could conceivably be incorporated there, though this site suggests it could be, with the virtual Somali International Financial Centre. Star Trust Company Limited’s site references the SIFC (it is allegedly an “Official Global Representative
of the Somali International Financial Centre Authority”, it’s “sole commercial representative”) but interestingly enough also the same London address as FOT and FOB and gives a telephone contact in – wouldn’t you know it? – Liechtenstein. Apparently the SIFC is the “only offshore authority with an Internet presence”.
In other words, the STCL is the only commercial representative of the SIFC ( website inaccessible), which is the sole point of access to Somali offshore opportunities on the Internet. The SIFC is a “centre” on paper only, represented online since April 2006 by the STCL, whose website is registered under “International Card Service Ltd.” Etc.
It would seem FOB and FOT are connected, and FOB and STCL/SIFC are connected, which means FOT and STCL/SIFC are connected. Of course, FOT is a 99.9% copy-and-paste job (IOW, a front), there is no indication FOB is incorporated at all, and there is some question if the dubious “sole commercial representative” STCL, through which FOB would’ve been incorporated, by default, is any kind of legitimate entity, though they apparently do represent – whatever that would mean, in this case – the equally dubious SIFC.
The more I look into all of the junk layered on top of GPP, the more convinced I am that they are, in fact, scammers. Their program is farcical enough in its own right, but when combined with these extensive, if shoddy, attempts at legitimation, things seem even more fantastic.
In the end, a few dozen euros is next to nothing; but why pay even that when the “offer” made is so manifestly absurd that it could not possibly be true? Do something constructive with that money, like buying groceries or taking your family out for ice cream, or giving it to charity. That’d be better than giving it to a scammer, which is what 50k people have already done, apparently. This is a more-or-less intelligently contrived swindle – nothing more.
Though complex and little complicated it’s some interesting stuff you dug up, Andrew.
I found it weird that the Oceanic Trust domain name was registered only since this year and when looking at my special Firefox plugin status bar that website has neither a Google Pagerank (PR0) nor any Alexa rank at all which implies that they hardly get any visitors if at all.
Since Stella and GPP are surely reading this blog:
Why don’t you finally come out and answer ALL these serious questions and concerns??
Good point, Mike. It isn’t impossible that GPP is legitimate, and I don’t think anyone has an axe to grind, so in all fairness, Stella & Co. should feel free to respond to any and all allegations that they are or are about to be engaged in criminal behavior. In fact, it would be in their best interest to dispel any and all scam rumors if they are interested in maximizing the rate at which their membership increases ahead of September….
3.5 Million Euro haul-in for the scammers… wow.
Tally so far:
Scammers: 103,583 points Gullible participants: 0 points
Let the games continue, for there’s a sucker born every minute…
andrewunknown, for privacy and protection reasons GPP will never divulgue all their infos to the general public cause there are too many scammers who want to destroy something extraordinary. The GPP staff board have learned this from their past experiences so they know what they are doing. And it’s also common, when a program become popular to see many copycats shortly after. This is NOT new in online business!
Now I don’t think Stella & Co. have time to come here and respond to any allegations, they are too busy somewhere else. In fact, they have already dispel all rumors in other places, you have to make your own searches in order to find out.
But am glad to see you’ve recognized that your searches doesn’t prove GPP is NOT legitimate.
Mike, if GPP has neither a Google page rank nor a Alexa rank it’s because in order to stay alive, they have to keep a LOW profile. They had met difficulties, like SPAMS and DDoS attacks! That’s why they don’t promote massively on internet and this may explain why they didn’t reach 100,000 members yet but according to the last count, the GPP membership has grown to: 55,629 (an increase of 1,420 members since last Monday). So this is NOT bad.
Mike, you’ve also found weird that the Oceanic Trust domain name was registered only since this year. I recall you that this program was launched on the 23rd of May 2005, but they used a different domain extension back then (.com instead of .net) because of a huge and time-taking DDoS attack last summer and autumn they never got the “.com” back up and running, so they decided to go for a new extension.
I hope I’ve answered to your questions!
Luc,
you mix something up. Nowhere did I mention GPP’s domain regarding domain registration, Google PR or Alexa.
I solely talked about Oceanic Trust and those 2 are different animals when it comes to domains.
Please read and think before posting.
Thanks,
Mike
Mike, I’ve perfectly understood and I still reiterate what I said above.
You have to understand that the payouts and the GPP domain are done via Trust Partner. Why? Cause GPP is run by Trust Partner through a trust registered in Liechtenstein. Stella meets members of the Trust Partner as well as the manager of the insurance company involved before she decides to do anything.
So when I was talking about GPP, it was also indirectly about Trust Partner which run the program.
Luc,
I haven’t gone looking for it, but before I do, perhaps you can help: what is the name of the “trust partner” registered in Liechtenstein? Can you provide a link to verify registration of the trust? Also, when you say “trust”, do you mean First Oceanic Trust itself or a trust set up by them? What kind of trust is it? If you mean a trust separate from FOT, then Mike is right. Unless you’re suggesting that FOT supplies a trust partner, which runs GPP, in which case FOT is not only providing a service for GPP, but part of the same organization as GPP. I guess I’m a bit confused about what you’ve stated. Could you clarify?
Also, do you affirm or deny that First Oceanic Bank and First Oceanic Trust are connected?
The name of the trust partner registered in Liechtenstein is Ansalt and is composed of 5 European businessmen who have experience from similar business dealings.
“Ansalt” or Anstalt? If it is the second, as you probably know, that isn’t the name of a trust, but of a type of trust. So, that may tell us a bit more about how things are structured, but doesn’t really say anything.
The Establishment (Anstalt)
The Establishment, or Anstalt, is a corporate form that is peculiar to Liechtenstein. It has no members or shareholders. It is an autonomous fund with beneficiaries. It is often used as a holding company for patents or royalties, or for estate assets. It has a founder or founders, who are not necessarily the same as the beneficiaries; the founders’ rights can be transferred, if the capital is not divided into shares, giving the current tenants of the founders’ rights considerable powers over the Establishment. In this respect, the Establishment is similar to the Foundation.
* The minimum capital, if not divided into shares, is SFr 30,000; and if higher, at least half (minimum SFr 30,000) must be paid up;
* the minimum capital, if divided into shares, is SFr 50,000 (but this form is never nowadays used);
* a minimum of one director is required; it is normal to delegate substantial powers of management to the director(s);
* if the Establishment has commercial objects, audited annual accounts must be filed; but note that the management of investments or other assets is not deemed ‘commercial’
Is it the same?? Dun think its a name of a company though… its a form of business….
http://www.lawandtax-news.com/html/liechtenstein/jlilatcos.html
Yes it’s Anstalt, sorry for the typo.
I’ll come back to you as soon as I get more infos about this BUT bear in mind, as I said before, they can’t divulgue ALL information for privacy reasons, they have experienced prbs with scammers in the past.
Luc,
Just curious to know how you are privy to these info about the Trust Partners and GPP. Who are your sources and how reliable are they?
Jason, you can’t find this info all over internet or with a simple DD… impossible! otherwise, you’ll get only false informations.
You can only get the right info if you contact Stella or people who are working directly with her. I’ll post here as soon as I get an answer.
Hello Luc,
I have been keenly following the discussions on this forum about GPP.
Like many others ,I am trying to gather all those pieces of info which would
indicate that,this would really turn out to be that ‘Ultimate’ dream project, which will make us all wealthy with a small amount of investment of 30euros..In other words,by keeping my mind open,I am trying to convince myself,that somehow this will work and that the organisers would turn out to be the kind hearted noble beings who- having conceived and planned one the most alluring and appealing wealth making plans on the internet todate- would implement it equally honestly !
I think the odds are now turning in favour of the program.With the membership nearing to 57% of the targetted membership,this is rapidly progressing to the satisfactory culmination.
However,I feel,in order to instill greater confidence amongst those like me who are seriously considering to join,it will be a great help,if you gather some more info about the ‘Trust’partners- organisers as also about the Insurance company who are involved in this program.
I may inform you,that,this program is generating quite a lot of interest here in India. Please do keep us informed. Thanks,
Shekhar
Thnx Chandrakant Shelkar for your comment. Yes, I’ll keep you all informed as soon as I can. I regret I don’t get the answer quicker, I suppose we’ll have to be a bit patient.
If anybody get more information about “Trust Partner” you’re welcome to post here!
And thnx SgBoy also for your searches!
Andrewunknown and the others, this is the answer (below) I’ve received from a person well informed:
*************
Hello Luc,
Thanks for your e-mail concerning GPP.
The reason this information is not made public is because of obvious non-disclosure agreements that are in place preventing the sharing of this information with 3rd party (members) until the program is completed.
This is done to protect the insuring agents and/or banking establishment that may be involved. Can you imagine the negative impact this would have on such establishments should their identity be known to 100,000 members? This would create enormous chaos and so much unnecessary work… answering calls by the thousands, etc.
People who are putting in such a small amount of dollars to join GPP are generally not those types of people that have very much patience, and also many of these people do not take the time to understand how the program actually works, therefore, they may join, pay their very small membership fee, and then expect to be paid their reverse pension immediately. When this doesn’t happen, then they start calling the insurance company or banking facility complaining, calling them liars, scammers, etc., etc., etc. causing huge panic and major unnecessary headaches for everyone involved.
There is NO WAY that any trust partner will reveal their name to someone paying a $35. membership fee in a program such as GPP that requires numbers of 100,000 to close the program. Of course, this would be a different story, IF as BEFORE these GROUP reverse pension plans hit the marketplace, you were in a position to put up $50K or $100K to join such a venture…only then would you know the name of the trust partner, etc.
The questions your contact is asking are not questions to ask of anyone who is risking only the very small membership fee for joining GPP and these details will only be known once the program closes, paperwork is completed and upon every member releasing their individual claim to these reverse pension plans.
People asking these sorts of questions are not thinking very clearly, because NO. 1…they know this is a risk as there are no assurances the plan will complete and pay out, NO. 2…they are risking a very small membership fee, so why get so bent over all the details at this point… it’s less than the cost of dinner out.
Think about it… would YOU release this sort of information to thousands of people, opening yourself up to having to hire a thousand people just to field phone calls for a program that may not complete?
Also remember that the trust partner is taking a big risk by bringing such a lucrative program to the masses for such a small fee because this sort of program has, until the Internet, been offered only to those who are already very rich for a MUCH higher membership fee. Now, because thousands can be reached via the Internet, it has become possible to offer such a program for a small fee that most everyone can afford.
I have no doubt that the number one agreement between the trust partner and GPP is that this information NOT be shared until absolutely necessary, and even IF you should be privy to such information, releasing it to the masses, so that they can run crazy with it, would be a big mistake.
*************
This answer confirms what I was saying above, they cannot disclose all information for security reasons.
Hope everybody can understand that!
Yada yada, sales pitch, hype Bullshit!
Please give us your money but don’t dare to ask any questions or want to know anything. Stay with the herd you sheeples, give us your money and then shut the f**ck up. (now us members are the guilty and bad ones, huh?)
Since I love to ask questions with a passion here are some and maybe someone can answer them without hyping and sales bitching around but coming straight to the meat and potatoes.
==>
1. The current forecast is we’ll reach 100k 2nd week of November although the deadline is end of August. How does that now fit the bill? What happens if we don’t meet the 100k? No money? (since no money back guarantee) Who absorbs all the funds then?
2. Many people will NOT send any papers back due to brazillions reasons:
- lack of trust
- fear to hand out all ID papers on a platter (scammers?)
- people move and have another address
- people get into jail
- people get deported
- people leave country
- people become sick
- people die
- many just don’t follow a program anymore and completely forget about it though they paid money into it
and heaps of other reasons why 100k will not be reached. Since 100k members is set in stone by the trust partner/insurance co’s and apparently any payout will only occur when 100k members are not only reached but obviously 100k policies have been issued WHAT happens when this target is not reached, esp. by a set deadline? WHAT happens with the collected money? WHO sacks in all the cash?
In order to reach 100k “firm” members GPP would have to recruit 300k, just to be on the “safe” side to meet the strict goal.
Now you smart asses and “insiders” answer me these questions since you seem to always have clever answers on any questions!
(but don’t come sales bitching around again, this is completely lame and futile and to be honest it became pretty ridiculous and boring. And don’t tell me it’s only $40 and worth the “risk”, that is the stupidest argument I’ve ever come across, a total sales man pitch and does NOT answer any question but is obviously used to NOT answer a question and only flee into justifications and psychological sales pitches)
To Mike, it’s very simple, don’t join.
Really, there are a thousand things that can go wrong and prevent this plan from working or maybe it’s a scam from the beginning just like some people say. When I spent my $40, I wrote it in my books as a gambling loss. My life won’t change and I won’t be the least bit affected in any way if/when it doesn’t pay or runs into some bumps that stall it, possibility for years. However, on the slim chance it does work out, that will be life altering for me and Christmas of 2007 will be one of the best. As far as identity theft, they are asking for less information than a google search on your name would provide.
I am also very sure they know that at least 10% of the membership will not provide any information and will be unreachable, that’s why there is a deadline for filling out the documents when the time comes.
I posted once before about how a private investment I was in a couple years ago, with less than 2000 members, sent a newsletter announcing the offshore banking solution they had set up. By the end of the week that bank had received over 3000 letters, emails and phone calls (obviously many felt the need to send several mails or call repeatedly). That was bad enough but to top it off, many of the questions were stupid and most of the rest were already answered in the 1 page information sheet in the newsletter. The bank, who stood to make a lot of money and get 2000 new customers backed out of the deal. My point is I understand why they won’t release any information and I totally agree with them. Anyone who feels like their $40 buys them a right to any information they want, should NOT join.
On the bright side of that, the odds are good that all the skeptics will get to say “I told you so”
That explanation makes complete sense, I agree. But, the unavoidable problem here is I could’ve written it; or you, or Jude, or whomever has the very rudimentary understanding of crowd psychology, specifically in the context of HYI.
As you can see, it’s a catch-22:
1) The “insuring agents and/or banking establishment” et al. won’t reveal any particulars because it would end up the hands of those who would sure bring irreparable damage to them, the program, etc.
BUT
2)The “insuring agents and/or banking establishment” et al. won’t reveal any particulars because it would end up the hands of those who would sure bring irreparable damage to them, the program, etc.
No, that isn’t a mistaken repetition. One reading is that the parties behind the quoted words are legitimate businessmen, bankers, whatever who must maintain the strictest non-disclosure in order for the program to go off as planned. In the other reading, the quotes are put around the same words to indicate sarcasm because these are purposely vague, generic and all-but-meaningless words as far as IDing the people behind the program, who could be an uncommonly intelligent dope-smoking bluegrass band for all those plunking down a measly 35 euros know. The whole thing could be sarcastic, really.
They can’t reveal information because they must remain secret – but that works equally well for the honest and dishonest alike. It is the poor bloke being asked rather casually to part with “less than the price of a dinner out” – as though anyone should give money to any snake oil salesman who asks for such a modest amount! – that is stuck in the dilemma of unknowing.
Be that as it may, everything else points to this being a scam. That tips the scales decisively in the direction of “no” – even if it is only 35 euros. Call me a cheapskate, but if I don’t spend 35 fiber (I don’t carry euros, but you get the point) buying dinner for a homeless person who is genuinely in need, I am certainly not going to pass out that amount to some shady non-organization that offers not one jot or tittle about who they are (that doesn’t *excite* greater suspicion!) and for which every tried-and-true HYI red flag is waving high.
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
Everyone should read the entries from – andrewunknown – & -cashking – 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 fianl 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.
Extremely well said, James!!!
JMO,
Shaorn
Hello,
just join the conference calls at 8PM and 10PM CET(MEZ)on tuesday.
8PM is in german language
10PM is i´n englisch language.
It is only about GPP.
No nonsense, just facts about the program.
OPM
This is the most talked about program on the internet talk forums. Look, there are a lot of money making programs on the Internet, some work some do not, but this program in particular has the attention of most. Could it really be a scam, or could this really be an opportunity to put money, you never had in the first place, in your pockets. Any money making plan on the Internet that has to do with economy, accounting, insurance plans, stocks or anything of the like, would simply be warnings for me to stay away, because I just don’t understand them. But there are experts on these topics in these talk forums, that gave anyone that is or wants to be involved, clear insights on the pros and the cons of GPP. I made my decision after reading these two links. http://www.bizoppsuk.com/global_pension_plan.php http://www.globalpensionplan.info/globalpensionplan.html. So here you have it, the pros and the cons. I am in of course; if this is a very ingenious scam, then I lose, whether it be small time or big time. Like I said earlier on, the technicalities of economics and the likes is not my cup of tea. But, from what I understood from all this is that, the organizers of GPP needs to get to a certain amount of money in a certain bank, this certain bank is willing to invest their money on the plan, and a certain insurance company is willing to invest with their insurance policies…. Then what is supposed to be keeping them back from going ahead with this plan? 100,000 identifications, not the 35Eur as most people think. In this scheme, supposedly every one wins, if it does come through, then 2007 would be a very good year for me and my family. This is the waiting club, and I am in it…fingers and toes crossed everyone? let’s see what happens
To ALL Doubter and Believers :
There appears to be ALOT of Theories , Speculation , Innuendos and the one knows all about pension programs and how it works etc….
…for those who wants to know who , what , where , when , what about the insurance company, trust etc …..WHAT MAKES YOU Think THEY WILL TELL YOU….”lose lips ships”..happened many times ….the one who ask this questions will be the very knucklehead destroying the program ….
…for the those who think its a scam …its our money not yours , I(we) spend our money anyway I(we) wish …we dont need anyones advise …so keep your unsolicited advise .
….for those who knows so much about the ins and out of Pension Programs…should’nt you be at your bank counting your millions rather than lurking on small timers like us do you think the rich are othere blabbing there mouths …how to make money…my advise “get rich , then get respectable” .
…for those you abid due diligenzer..searching ip address , inquiring to banks etc …YOu have to much time on our hands , you shoud find another hobby …
Looks folks …its a bet , a long shot perhaps but its still a bet …IF IT PAYS GREAT …IF IT DOESNT …FIND ANOTHER HORSE TO BET ON .
….This is all that is a BET .
Since I DONT KNOW , YOU DONT KNOW …so KEEP YOUR THEORIES TO YOURSELF …so PLACE YOUR BET OR KINDLY LEAVE THE CASINO …..IF YOU KNOW SO MUCH “WHY ARE’NT YOU RICH “…IF YOU ARE RICH I ASSURE YOU YOU WONT BE HERE ….YOU WILL BE SOMEWHERE SIPPING YOU PINA COLADA ….
Let me summarize it for you : ITS A BET !
COULDNT SAY IT ANY BETTER THAN THAT BobB !!
Nitro
Hi Chandrakant Skelkar,
I am from India too. I somehow feel that GPP will pay so I will sign up myself, kid and nephew and when the pay comes WOW WOW WOW! JACKKKPPPOTTTT. But I have some trouble about procuring e-bullion. Have you joined ? Can you help? Anyway, I would love to keep contact with you. If allowed by the forum, please give me your email .
LUC,
Are we allowed to post our email address here?
Iamrich,
Sorry to reply a bit late, I had some technical problems recently. Thnx for your positive comment, you – and your family – are very welcome to join this wonderful program.
Now to answer to your questions: e-bullion is not accepted anymore but you have many other payment options including Western Union, Wire Transfer and personal cheque for instance. The payment options are outlined in the GPP forum.
I know that some ppl do but normally we are not allowed to give our emails here. Anyway you can subscribe in NoBS forum here: http://www.nobsnetwork.net/ and put your email in your registration form or profile (after being registered) so we can email you there at any time OR you can also PM members and give them your email privately.
My username is Luc and you can contact me in the forum above mentioned. Hope that help!
***********
Now 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.
HI Luc,
A big Thank You for letting everyone know the best way to contact each other privately!
Note: The reason that email addresses are not allowed is because there are programs that scrape websites looking for email addresses. The addresses are then used for SPAM, sold or sometimes for malicious purposes. It is not safe to post your personal email address on an open blog or forum. Stay safe!
JMO,
Sharon
No, we will not see in September. It will take at least 60 days, if not double or triple that, to get the papers & Id’s returned and processed. It will take another 2 months or more to begin payouts.
There could be any number of unexpected legal issues that pop up and would take time to fix. (assuming they are really attempting this)
Anyone who thinks they will close and the payouts will be a month or two later, just go ahead and call it a scam now because it will be at least 4 months, if not much, much longer.
(BTW James, the policy will still pay at the specified date of the person’s 65 birthday as long as the policy premiums were paid in full. the members are signing away their rights to the mature policy payout for this lump sum payout now.
Just like if an individual bought a policy and paid the premiums in full, in the event of an untimely death, it would become part of that persons estate and would pay on the specified date.)
So basiclly just longer time to stall the whole operation for all the members that have paid in,because i believe the people that are taking care of this had/have a lot of time to speed up the progress and tasks when its time to pay out..
Cant be that hard to see what it takes and see what they need to fix now before all the actions takes place.
Or am i wrong??
And if this have worked out before they all should now what it takes since i hope its experts in this field that is taking care of everything..
Thnx Sharonopinion for your complementary explanation. You give further reasons why people have to contact privately. Hope, they’ll understand now! So thnx again!
zerukesu, your opinions are very welcome. Nethertheless, I won’t repeat what I said before but I just recommend you to relax and wait till the date of the payouts.
And about the payouts – even if the memberships number is reached on the deadine – I second what Lily said above, the payouts will be delayed due to the verification process. Anyway, it won’t be very long (from now) to know if this program will pay.
Zerukesu, Have you ever dealt with legal firms, insurance companies and bankers on a project? Needless to say they will move at a slow pace. Now add in another slow little factor, government and laws, not just one either, probably more like 50 or so (however many different countries all the members come from) Even if they are legit, honest people trying to make this work, they can’t plan for all the unexpected issues that may take time to resolve.
If they pay (BIG IF), be prepared for payouts to take many, many months. I’d be absolutely delighted if they took less than a year from close of program to final payout. I find it easy to imagine it taking two to three years.
Luc,
I don’t know where you got the figure from..but as I’m typing right now the Member Counter shows a total of 68,118 members have been registered.
GPP aims to complete the whole process and pay before Christmas.
For the believers, good luck!
“GPP aims to complete the whole process and pay before Christmas.”
And a worthy goal it is but if you “believe” that’s a realistic time frame to process 100,000 /- contracts you’ll truly need all the luck you can get!
Naturally I hope to be proven wrong. If they pay at all, it will undoubtedly be the best Christmas I’ve had since I realized Santa Claus was only pretend.
Shahif, I don’t give an update on a daily basis, I gave the update of Monday 18th June (above) just to give an overview for ppl reading this thread. But your new update is a good news cause showing that new memberships have increased fast in only few days.
Luc,
You said that E-Bullion is not accepted anymore but I don’t think that’s right. I think that the alternative payments are in addition to using E-Bullion. I didn’t see anywhere in the GPP Forum that they’re not using E-Bullion.
Zeus
Oh….. I almost forgot this:
Total Members In our Plan: 68844
About 2 hrs. ago, the count was 68725.
Zeus
Hallo everybody.
When I read the last massages nothing has been changed since some weeks except a couple of hundreds people more for the GPP “Horror”.
I really wonder why it takes that long to finish because, its running for qa long time now and the “plan” the GPP people where involved before ndid not pay either.
We investigated quite a wile to find out what I just wrote above.
Anyway the hope dies at the end.
Bye
Bert
Sorry Bert but since last week over 2000 people joined so it wasn’t just a couple of hundred.
Some posted above that to summarize GPP, It’s a Bet. I agree with that. The odds are simple enough: 50% win or lose. If you gamble at Las Vegas or Atlantic Casino, you basically have the same odds and after they collect all your money, is there a guarantee that you’ll get any of it back?? 1:1,000,000,000 shot perhaps?? If you play lotto every week and you don’t win and there are no winners, where does that money go?? Back to the government bodies that control Lotto I guess?? What if you win Lotto for $1,000,000, what’s the first thing that happens before you receive any money?? The state takes half that Dinero and then what happens?? You get taxed on what’s left as income (about 30%) so that leaves you $350,000???
Highway Robbery if you ask me. Yes, 70% of your winnings are taken away from you to save you from yourself ( oooh…How very thoughtful of them.)
So what’s my point, you ask?? The House Always Wins. It doesn’t matter if they stand to make 3.9 mil or 5 mil or whatever, the point is here’s an opportunity to make some money. There’s is the potential that they might or might not pay. It cost you a little over $40 to join. Are You In or Are You Out???
Zeus, due to recent problems with e-gold, GPP didn’t recommend e-bullion (like any other e-currencies) as a method of payment. 1mdc was recommended mainly.
But sounds like we can re-use e-bullion again.
Albert, you say you’ve investigated to find out what you just wrote above… but I wonder what degree of credibility we should give to your DD. They are based mainly on very personal views, rumors and false allegations.
Hallo Luc.
Hallo Zeus.
First of all the casino you mentioned, Zeus, I don´t know but I know very well the Cristal Palace on the Bahamas Islands.
Luc, the degrees you mentioned, of course I can not proof it but at the very beginning of checking into these page I mentined my age. And my writing I believe is also understandable so why should I write som BS if I would have good news only.I am a positive person but I am realistic, standing with my feet on the flor, having a nice time in southern Europe, enjoing the time with my frieds – all before in the money business for many years.
By the way I am not a cop are from the US-” Special forces”
I am also only somebody who tried GPP because, its a try only. Let´s see and wait.
Regards
Bert
BERT, YOUR A HYPOCRITE! You sit here and bash GPP, yet if im not mistaken your actually in this? why did you join in the first place? why sit here and be a member of a program and shoot it down when it hasnt already completed itself. if ya ask me your just sitting here criticizing yourself just as any other member in this program. Do yourself and every other member a favor and stop being a hypocrite! your shooting yourself in the foot. if it plays out, AWESOME!!, if it doesnt, theres 99,999 other people who lost with ya.
Nitro
Amongst the payment options is Western Union. The destination of these payments is Latvia not Lichtenstein.
This is a massive Red Flag in my opinion.
It looks like everyone is sending their money, and shortly, their ID details to the Latvian Mafia
It’s cruel, because they are playing on people’s desire to obtain this money.
Pete
Pete, what is your problem?
GPP is just registered in Liechtenstein doesn’t mean the payments have to be done from Liechtenstein. And Latvia is one of the most SAFE place in the world regarding payment processors. A lot of programs have used Latvia Banks for years cause of their reliability.
What you are saying about the Latvia mafia is PURE FICTION.
Luc, with all due respect, I am a supporter of this program simply because I find it most interesting. I have never done anything like this before, and I did it only on advice of my wife ( she is my muse ). But this thing about the Latvian mafia is not fiction, they do exist and are very organized. Also they do have very strong connections in Turkey. If any one of the trustees really do belong to any one of these groups, I am willing to turn a blind eye, so long as they stick to the program as corresponds and put their honor in front, if they have any, and pay us. So for now, for the sake of this program, to not jeopodize it, let us just stick to the objectives, and not comment anymore on this topic in case it might cause all of us members more headaches than necessary. So let´s just look on the bright side, and wish for the best, bless.
Well hey either way you want to look at it, sending the money to Latavia via the mafia or by e-gold or e-bullion . they are getting the 30 euro’s. however i believe that payment method is for those in situations who dont have access to e-bullion or e-gold. its $40 im not gonna lose sleep, however the DD that has been done has shown for the better for this to pay out, once you sign up you get a whole lot more of info than what is presented in general…and meet a whole lot more of people who actually look at this stuff night and day..theres no guarentee..but “you cant score if ya dont shoot”!!best of luck to everyone in GPP
Nitro
And that´s no joke nitro3, the information that I have gained following threads in this forum and others day by day is incredible.
Triniculture, what I mean is that many companies are using Latvia banks FOR YEARS, they have never encountered a damn single problem. And I’ve also read that Latvia is one of the most secure place to invest… so it’s not for nothing!!!
Sometimes, some ppl should stop to see plots everywhere. When we are watching closely, we’ll always find something “apparently” wrong in any program (reliable or not)… It doesn’t mean a program is a scam or won’t pay. So am agree with you when you say to stick on the objectives and NOT put more headaches than necessary.
So readers here, just relax, wait & see!!!
P.S: BTW thanks NITRO3 for your comment above concerning Albert, I find his attitude “a bit†hypocrite too.
Hey we are all here to succeed, one way or another. Joe blow does it example A, Johnny two shoes does it Example B and Suzie Q does it Example C. some might not see it eye to eye. But hey its just the route we go, and speaking for the most of us i am sure we have other investments to turn too, am i blowing 1-5k , NO!!. ITS A MEASELY 30 Euros. you naysayers are here to make money cause if you had the PERFECT investment im sure you would not be here. but for those of us who are just waiting for that push over the top of the hill, that day will soon come whether its 2-3 months from now , or 1-2 yrs from now with some other investments.
Im sure there are 100′s of other arguments that could be made about money management and investing, and your entitled to that, but guess what…. we’ve already spent the 30 euros! Its a gamble, Hey getting out of bed everyday is a gamble!
Nitro
Hallo to everybody.
Also hallo to ” Nitro3″ a clever boy.
Maybe I became missunderstood but I am off course member of this GPP and I will tell you why:
The wife of a friend of mine is hours and hours on-line with the internet. She found GPP and 100% “Global Pension Plan” sounds very good. You first thin in Pension, retire, ect. and than the plan and than making some extra funds for the time after the ” active working live”. On Top GPP explains how the idea will work if…………. .
1. They already have a major funder!
2. They only need 100.000 people! because the funder requests 100.000, and at the beginning no time limit!
3. The insurance company to issue the insurances!
So everything sounds so simple because, in the insurance business you have monthly payments or yearly or one-time payments,- so everthing sounds real.
On Top the insurances pay a lot of commissions, I know.
Than comes the off shore. SOme people have doubts other are aware of the systems like, the bahamas for the US,Liechtenstein, switzerland, some islands near the UK,
Madeira near Portugal ect. used by the European.
Now comes up Lativa, sothern Africa and again the doubts.
Folks believe it works and by the way, the mafia you will find also in NY, Frankfurt, Madrid, Zuerich, London so you don´t have to go to Lativa,- but the point is:
Are the responsible people behiend GPP really serious and qualified to run this game until the end or are they already starting looking for excuses not to pay?
I said earlier I was many years in the finance business and the way the treat everybody now is very simple:
Mushroom: they keep us in the dark and feed us with shit.
Regards
Bert
The responsible
WELL BERT THAT IS THE MILLION DOLLAR QUESTION…WILL GPP PAY OUT??…I dont know.. does anyone else know?….alls i was implying is that you were being hypocritic about the whole GPP thing. However if you are just going off of what your friends wife says , then im sure you have some reading around to do , or im guessing you are not American so maybe your in Germany?…? Maybe you know something that we dont. HOWEVER, i know that these things evolve offline, i know there is a market for it, i know the larger the insurance policies, the greater the benefits. I know that i just tossed $42 into this gamble on hopes that it pays, if not , oh well.. when the papers come and i or other members arnt happy with what they see well then into the paper shredder they go…Hey you never know!
Nitro
Albert, that’s a good thing you’ve recognised being a member of GPP (as I was thinking) but – with all the respect – WHY did you join without making a DD before? Anybody who have experience in the finance businesses (like you) would have done this job before particularly if you are unsure this program is reliable (I don’t say the program is not reliable – I believe in this program as you know – but I try to be in your shoes).
Do you think you are more credible now after joining this program to warn people this program is a scam or would not pay?
And why are you saying this program keep us in the dark and feed us with shit. Of course, there are sensible infos they have to keep private for security reasons but I think they were enough communicative so far, they kept us informed about all we need to know. What else do you need to know? If you want more infos, make your own searches, there are many places for that,… just go to the right place. That’s it!!!
Luc
OK! the latest update: The GPP membership has grown to 71,788 which represents an increase of 2,598 members in one week.
WOW!… Not bad at all!
I am hopeing the snowball effect has taken place, every monday the updates say that the previous week was the best week so far!, the sooner the better. If it keeps at its pace, adding more and more each week, then we should be done before aug 31 or right around there. I have a good feeling, so lets hope for the best!
Nitro
I really hope that this works out as well for the other RPP’s that are out there.
Last I saw, there are 6 or 7 of them. There’s one call “Dynamic Wealth Plan” but be careful folks. It has all the same info as GPP and that smells to me.
Zeus
Hello everybody.
Nitro3 you are a good detektiv!! You are right I am german but I am living since many years in Spain.
I will tell you what makes me nervios: Not the fact there are maybe 35 Euros lost!! I am a member of GPP as explained, I did it so my friend´s wife would get the introduction fee for bringing a new member. I checked into the matter because, some time later she told me the stories, the delays, the problems with paying, the problems with E-Gold ( convert into cash not possible by debit card ). By the way she has an account with E-Gold with quiet some money but at the moment due to some investigations in the US there are some problems. The usual “shit” money laundering, drugs, and the US-favorit terrorism. Anyway to come to the point: When I hear Millions, billions of Dollars first thing I think is:
R E S P O N S I B I L I T Y! Next thing is: professionality!
Next thing is: The investment must be secuered or clear as a “cleaned window”(!)Because these people are administrading somebody elses money!!! Next thing is I imagine I am the one holding the big funds means: I want to make as much secured interest as possible!!Every day I loose one point of interest in relation to Billions its a lot, lot of money!! So why didn´t they stop with 50.000??? Second 50.000 would have been done in no time!! There are no professionals!
I had contact to very rich people ( remember Mark Rich ) in several countiers and the procedure was always the same:
An attorney or a tax-advicer came with a cheque, a copy of the cheque to or major bank, proof if its good.
Names, address, origin of funds to the bank. Bank gave its ok. We took the people in “charge” ( with PoA ) to the bank, signatures, we got a limited power of attorney,- deal done. The client always had his own account!
What I want to say is very simple: Talking about something
and doing something is a very big difference! I am sorry but this people are not professionals.
Am I wrong if I say ” pooling funds in the US and UK is not allowed?
Bye now
Bert
Zeus, yes there are many RPPs (Reverse Pension Plan) out there, ALL are similars to GPP but doesn’t mean they are reliable, so yes be very careful.
ALL ABOUT RPP PLANS YOU CAN FIND HERE
http://www.reversepensionplan.com
Hello Luc.
It seems it´s becaomming more and more quiete ” around” the GPP. Maybe because, sommer time(?).
I did not get since some weeks any direct news from GPP.
Befor every week came something but now,- nothing. Am I the only one?
Bye
Bertie, you know the dicton: “No news, good news!â€
Anyhow, don’t expect that in GPP an extraordinary event will happen each day that God gives us generously? During Summer holidays so it’s normal this business is more quiet then in any other period of the year. Personally, I post only when there are breakings (important news).
But u are lucky Bertie cause I have some good news for you: The number of new members joining GPP is still growing very fast and this even after a severe DDos Attack which happened recently. The total members on Monday 16th July 2007.: 27,447, Members joining this week: 2,853, Members who joined last week: 3,321.
I’ll post later some news from Stella.
Here I put the recent posts of Stella from the forum. This will answer to many questions and those of Bertie too.
16 July2007:
*****
“Dear Members,
Just informing you that all is going very well here with the Trust Partner.
As assumed, the days are pretty long, so there hasn’t been any e-mail support for the last few days. It looks like this situation will continue until the 23rd of July. So please accept my most sincere apology for the delay. Thank you.”
12 July 2007:
*****
“Dear members,
I have some wonderful news to share with you, who are the most loyal to us and who have their trust on us!
Your prayers have been heard!
What is this all about? I will tell you soon! I can promise, that you will be extremely happy!”
AND… Another Post from Stella the same day:
*****
“Dear Members,
I have quite a few things to share with you today.
The Trust Partner has asked me to join them to finalize the plans! They only gave me a short notice (couple of days), as I need to fly to them later today. We will work together for one week to solve all the open issues. I’m sure the days will be very long.
So, I won’t be much online between 13th and 22nd of July. This means dramatically decreased support from my side, so please hold your emails. And tell your downlines to hold all the unnecessary emails too, please!
Our site is under a heavy DDoS attack. This has caused a huge amount of failed sign up through e-bullion. I am sorry for all the inconveniences. On Thursday only, I received more than 300 complaints.
Because of the meeting and the DDoS attack, I need to disable the e-bullion sign up. This is the unfortunate truth! I can’t keep up with the complaints if they keep coming in with the same fury as earlier this week. So, I will sign up all the pending members during the next week, but don’t accept new membership applications. E-bullion sign up will be opened on the 23rd of July again.
While you can’t sign up new members, you can still check if all the information you have entered into your profile is correct and up to date. Please help your downline to do the same! I’m sure there are a lot of people who are not aware of how to even login to the member area, so please give your helping hand! We need to take good care of each others now!
Once more, please hold your unnecessary emails! Refer back to our website and forum, or ask your sponsor, if there is something you don’t know, but please don’t email me! The answers are out there already!
Thank you for your understanding and continuous support!”
As you must have noticed, we are progressing very well towards our 100.000 members target! This means, that we have to be well prepared so that no time is wasted. We want the payout as soon as possible, don’t we?
So, please login to your member area and update your profile. Provide your full name (first, middle and surname) and address, correct birthday and also the full and up-to-date contact information.
This is the first step! I will inform you soon about what to do next!”
*****
So although the DDoS attacks, things are going well.
I’ll keep you informed in case I get other news.
Hello Luc.
You know, last evening I had some time so I went again to read all the message which came up during a period of time April 2007 to now. S I found out, that it would be very interesting to do some good business with you. It´s a “feeling” you get after many years. What do you think.
Have a successful day and take care.
Albert
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!”
Thnx Bertie for your proposal.
I’m always interested to do business with people but if u want we’ll talk about it after this program is paying.
Normally, if everything is going as planned, the waiting will not be so long!
Hi,
I have followed the whole thread of this topic. My problem is that any time I try to login to the GPP website through referral links I get a message that say that the refferal link is invalid. Would appreciate any assistance. Thanks.
hello Alex,
Is a common problem “Invalid referral link”. The solution is to erase in your browser: cookies, cache, historical, etc.
And to test again, for example, with my link:
http://www.globalpensionplan.net/?id=puntohamaika
regards
euken.-
For more information, please visit:
*website: http://www.globalpensionplan.tk
*blog: http://globalpensionplan-tk.blogspot.com
*forum: http://www.globalpensionplan.tk/board/
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!…
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!”
I have joined GPP. PWW, & HCI25…will these RPP’s pay out? Only time will tell! If GPP pays out there will be 100,000 happy little investors; however, if is does not, those same 100,000 little investors will be out $40.00…Big Deal..In my opion if someone has to know how exactly these plans work..ask them this question, who came first the chicken or the egg? In other words, “Just Do It” and shut the heck up. That’s all I have to say about that.
Hi Everyone,
I have not been here in a while. Just want to say that we’re over 92,000 members!!! It insane right now!!! Congratulations to all of you that have busted your ass promoting this site so that we could beat the deadline and get paid!!
Zeus
Well still working on getting paid.
Hey all!
It’s been a long time since I visited this blog. There were just too many negative comments from those who have no faith. I refuse to let those vibes into my universe.
It now seems most of those individuals have moved on and the blog is now more upbeat.
As of this moment we have over 93,000 members in the plan.
The way it is snowballing, we’ll reach our goal in less than two weeks.
I REALLY FEEL GOOD ABOUT THIS! Congrats to everyone. After we get paid, be sure to come back here to tell us details about how your dreams have come true.
Have you heard? Less than 10,000 contracts to go; at the rate we are going we should be done in a couple of days or so. I only keep praying that this in fact will pay out. Of course, I came into this knowing it was a very very small risk that this was a scam; however, as of now I have to say two things about this: 1. If indeed is a scam, I’m out $40.54 BFD. 2. Also, if this is a scam, who for those people who came up with this such great scam. On the other hand, if indeed this will indeed pay us all, here is what I have to say, “God, please let me keep my self grounded once I have all this money and please guide me to those who are really in need of my help”. To all those doubters out there, this is what I say to you: We need people like you in the world, why? If everyone in the world became financially independent, who would take care of us? Keep on believing, keep on living, and keep on giving.
It looks to me like this will be closing in the next couple of days. Anyone who was thinking about it because there was plenty of time, it’s time to make your decision or it will be made for you very soon.
Less than 5500 to go, I think it will close by tomorrow.
I wanted to sign up, but alas, I’m too late.
They are not allowing new sign-ups now.
Hi Wheresthemoney,
I really believe this is the real thing.
If I were running a scam, the last thing I would do now is stop taking new memberships. GPP is now in a “feeding frenzy”. Everyone wants to get in on the action. My friends who laughed at me and took a wait and see attitude, are now begging me to get them on board.
Any scam would grab all the money it can right now, and then just fade into the twilight. They would not turn down new money.
I know what you mean, Double D, but history doesn’t bear out the piece of logic on which you’re basing those assumptions.
Consider this:
If GPP’s program structure is sophisticated and GPP is also a scam, then it is likely that GPP’s scam-strategem is also sophisticated.
GPP’s program structure is sophisticated.
If GPP is a scam, then it is likely GPP’s scam-strategem is sophisticated.
Now consider that characteristics innate to almost ALL sophisticated scams are obfuscation of the truth and misdirection of the membership by doing what is counterintuitive. Any competent scammer, until it suits their interests to do otherwise, will maintain a perception of legitimacy, which can – and often has – include closure of the program to new membership. “Why would a scammer do that? They want more money, and closing the program to more money doesn’t accomplish that!” True, but that is intuitive, and sophisticated scammers know that: they know most of their membership will assume just that because it is the most obvious and most plausible explanation.
In fact, though, what is counterintuitive prevails: while most everyone assumes closure (early closure, at that, because the “goal” as been attained) firmly indicates legitimacy, the scammer is actually putting their exit strategy into play.
Why? Because smart – usually serial – scammers are rational thinkers: patient, methodical planners who *execute* scams with skill, defrauding an “industry” with an insatiable desire for their programs. For example, GPP has taken in 3-3.5M euros ($4M ) – do you think the scammer I just described wouldn’t be satisfied with such an amount? Sure they would: so why not “close to further members”? The critical flaw in assuming a scammer wouldn’t do this lies with the caricature of all scammers as overridden by greed, which is not true. Their exploitation of the counterintuitive reflects a logic that runs circles around the inductive, probabilistic “they are legitimate because scammer’s wouldn’t do X” logic.
What I’m described has played out on dozens of high-profile programs and will, I am just about certain, play out here. No one will cry much because only a modest amount was lost by each individual – not enough to get incensed over; not an amount that stirs up clamor for an investigation. But in fact the recipients of that money have pulled in quite a bit, perhaps actually in the millions; and in the end, to them that is what matters.
And to wheresthemoney:
A lot of “doubters” make a lot of money while being defrauded of none.
Andrewunknown, to you I say Thank You once again. What do you suggest I do? I mean, you seem to have all the answers, so why not give me some advised? If you stop and think about it, since the beginning of time, the most successful people on this planet have been the biggest risk takers, so why not us? and furthermore, so what if is a scam, individually we will be out $40.00 no big deal; I mean I wish I would have thought of such a scam before these people….Do you play the lotto? do you go to Las Vegas to gamble? Do you drive your vehicle to & from work? Do you close your eyes at night to go to sleep? Do you walk out in public places? Do you eat out? Do you play the stock market? … my point is we are risk takers in one shape or another, so if you can’t say anything nice, say nothing at all.
Can someone verify for me if the program is really closed? Just went to the sign up page and it shows the word ‘signup’ and nothing else … oh man was waiting on the funds while this happened can’t believe it sheesh.
wheresthemoney, thnx for your answer, the example of the casino games is very relevant, your comment does make a lot of sense.
Dave, I can understand your scepticisms but remember that bad experiences with other scams, don’t mean this one is a scam too… life is also based on TRUST. I have many reasons to think this RPP is NOT a scam and as wheresthemoney said: you’ll just be out of $40 if you lose. If you don’t take part of the game, so be it!… Just be patient before drawing too fast conclusions and watch if this program is paying (the payments would occur very soon). Anyway I won’t argue again if this program is a scam or not, we have discussed about this many times, (you can re-read the comments of all the posters above or in other threads, we have largely debated on similar remarks.
Now about your question, I cite: “Just went to the sign up page and it shows the word ’signup’ and nothing else… oh man was waiting on the funds while this happened can’t believe it sheesh.â€
I don’t understand, now you want to join GPP after criticizing this program? Maybe you’ve changed of mind already? If it’s the case, you’re very welcome!… Or do you want to prove with your comment this program is a scam???
Whatever the answer… if you have difficulties to log in your back office, you should probably see the message “Invalid referral code” so you must contact your sponsor to verify the code. Just ignore this message and wait until the page fully loads then you’ll see a little black icon on your right saying LOGIN, click on this and you’ll normally get the page where you put your infos in order to have access. Maybe if this doesn’t work, click on the link again later, a 2nd, 3rd times,… and it will work at the end if you don’t give up.
I know it’s a bit messy to join right now but what can I say? The technology fails sometimes… however don’t conclude they’ve already gone away with our money and won’t come back again!!!
Sorry to be a bit late to deliver this message 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 those who have been rejected…
But so far so good!
Ooh!!!… Sorry Dave, all my apologies!!! I mixed up your posts and those of Andrewunknown.
Of course, you’re very welcome Dave to join GPP but as you’ve read above, the program is momentarily closed… time to verify the membership sign ups but will re-open later so you’ll be able to join after this time.
Again sorry for my confusion. In fact, I was responding to Andrewunknown who is very skeptic. So – as I can’t change my posts above – just replace your name by the name of Andrewunknown. When this program will start paying, ppl will stop to be skeptical, this is the most important.
So see you around Dave and stay tune for the next updates.
wheresthemoney,
I don’t have all the answers, and my comments about what is *almost* certainly going on at GPP nowhere imply that I do. I won’t advise you – not that you are actually requesting that – but will say this: I agree: some of the most successful people in history have been big risk-takers. And yes, to function in this world with some level of effectiveness requires taking on risk. And also, I do everything you mentioned except going to Vegas, playing the lotto and trading stocks (instead I trade forex and index futures, though).
But, there are two critical additions to those observations that make all the difference. In the first case, those who have taken big risks and ended up very successful – except by fate of chance or some cosmic fluke – took those risks on the basis of a sound rationale and were rewarded not only for their courage and audacity, but also for their competency, hard work and forward-thinking vision.
Does one take a big risk driving their car? Who knows: where are they driving it, and how do they drive, and at what speed are they and those around them driving, and what are the weather or road conditions, etc.? Does one take a risk when going out into public places? Perhaps, but there are variables that determine the level of risk: where do they go, what do they do when they get there, who accompanies them and to whom are they in close proximity? Does one take a risk of losing money when going to Vegas with the intent of gambling? Maybe yes, maybe no. What game are they gambling at, how educated and/or talented are they regarding the theory and statistical probabilities involved in the game, how disciplined is their money management if they intend to make a series of bets?
What I’m getting at is that, yes, we are all risk-takers, as you say, because some risk is incurred in virtually every activity, from the most basic, subsistence level to more sophisticated activities, such as gambling. However, some activities, and the way activities are conducted, have an immense amount of bearing on the level of risk. Does an individual putting 10k into a gold game seem as justified in his decision as an individual placing that 10k a AAA-rated government bond? No. Both carry risk, but the first case is cause for being committed to a mental institution, while the second is sensible. Knowledge of risk, the ability to assess a situation for risk and the capability of mitigating risk make all the difference. So, the casino metaphor isn’t automatically applicable – it depends on the person, and on the game.
Is $40 or an amount close to it acceptable for a punt on a program like GPP? In purely monetary terms, for most people the answer is “yes”. But, that is because of the amount of money involved, not the – absurdly high – level of risk to which that amount is being subjected. If the risk/reward ratio here is acceptable to you, that’s fine – but that doesn’t make it a waste of $40. Why is it a waste? Because there is no reliable basis on which to invest a cent/pence/whatever in GPP – previous posts have overwhelmingly demonstrated that.
$40 is only $40, true – but I’d rather burn money than give “only” $40 that I earned by legitimate means as compensation for time and talent to a scam artist. But then, I must be in the tiny minority of people who don’t like to be scammed by criminals *on principle*, rather than dependent on the amount of money they’re trying to get from me. Go figure. And, for some reason, the idea of a group of snake oil salesmen making off with hundreds of thousands or perhaps millions doesn’t go down easier when I realize the number of people defrauded is in the thousands, rather than only a few dozen or even a few hundred, so the scam burden is spread around more lightly. Geesh.
If I choose to say GPP is a scam and give reliable reasons why I believe so, it isn’t being “not nice” – just giving an accurate appraisal of the program and the risk to funds contributed. If no one listens (and for everyone in, it is already too late, anyway), that is fine: I’m not on a crusade to destroy GPP – which will do that just fine on its own – but just following along and commenting where I like because of intellectual interest.
And to Luc: I am skeptical, but do hope I am surprised.
Also be aware, it is not just the $40 we are talking about.
From what I gather, they will ask you for a copy of ID (birth certificate, drivers license or passport) and your social security number.
Think very carefully before you hand over all this information to a complete stranger.
Andrewunknown, thank you for your information. I can not believe you are so sure this is a scam, but whatever. All I can say is, when this pays out you are sure going to look like an idiot.
A copy of a government issued photo ID is required.
A driver’s license will suffice.
A SSN# is not required.
A birth certificate is needed for minors only.
A color copy magnified 3x or 4x is ideal but b/w will do. What’s important is the copy must be clearly legible.
If GPP makes good on their promise (big if), it will be a minor miracle to complete payouts to 100,000 people inside of 6 months. Twelve to eighteen months is a more realistic time frame in my estimation.
GPP is within a couple hundred of reaching it’s goal and in all likelihood the program will be closed within hours of this writing.
Andrew, this may be your last chance to join. You know where to find me. Just shoot me a PM and I’ll send you my ref link.
I haven’t said with absolute certainty that this IS a scam – I’m just fine with conceding that I don’t know that. But since we’re talking about risk, let’s deal in probabilities: I think it is highly, highly probable GPP is a scam. If it pays out, I’ll be pleased to witness a truly historic event and will be very happy for all those with the foresight who decided to invest. I wouldn’t regret my decision not to, however, because for every 10000 such programs, 9999 (or maybe it is 10000) are failures or scams. If that means I look like an idiot when GPP pays out *exactly as they’ve stipulated*, that’s fine with me.
Opie: lol – thanks for the offer. Tempting, but I must decline. If I reconsider though, I’ll be sure to fend off all the ravenous referral wolves at my door and ensure you get credit.
Lol!! Ok, pardner. Maybe another time in another program.
The recruitment phase is over. Now it gets interesting.
Andrew posted a comment elsewhere in this blog about a certain other program that had gone private and closed it’s doors to new membership. It had something to do with, um…moot points.
Good luck, everyone!
Phuket in ’08!!
Hello to All Members of GPP,
Now the membership closed, but opened to get last few members to accomodate in place few members those may be deleted /disqualified.
Well, as of today, everything appears to be good as they also asked how to complte the profile.
About genuinity, I think no one can answer this question as no one knows about including those who are part of it except the organizer, trust company who is going to be revealed now after 100K members.
Now 22nd Aug 2007 is the deadline given to check/verify the profiles and later we must get further infn. to proceed further if it is not a scam. Otherwise, this may be the time they want to pack-up and go elsewhere.
One thing I can say is, the ‘Reverse Mortgage’ on which the GPS is found is a process available and here earning does not come into picture. This is being offerred in some countries to senior citizens to mortgage their house etc., to be able to draw pension till their death and subsequently the amount would be taken either by selling or handing over to the next kin.
Let us hope for the good !
Dev-11/8/07
Andrew, I have nothing against the fact you share your point of view but you’ve already posted the same thing Over.. and Over.. and Over.. Again, All the time… I’s OK! We’ve understood now!… But, sorry, we still stay in our decision.
OK! Still NOT too late to join for those who wish.
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”
Luc, do I criticize you when you post every update from “Stella” in every GPP-related comment thread in existence on NoBS, almost continuously bumping no less than three GPP threads – copying and pasting the exact same post over and over – into the latest “NoBS comments” part of the blog? Don’t these posts indicate your support of GPP? Doesn’t posting them every time in several different places make the same general statement about your support of GPP “Over.. and Over.. and Over..”?
I know you “stay with your decision”, as do others – after all, what choice do you really have, now that you’ve committed your money? I’m not trying to dissuade you or others, who should be relied upon to come to their own conclusions based on the views expressed and information available. And sure I’ve stated my opinion several times – always in response to others, many of whom respond to my posts – just as you directly addressed me in your post. Is there some fault in maintaining the same opinion over the course of a number of posts? Last I checked, a consistently-held position grounded in reason and factual information is a good thing, until someone reasons you out of it or repudiates your position on the basis of facts. I haven’t seen either concerning GPP – just a bunch of “scammers wouldn’t do that” comments and statements encouraging people to “trust”. I do appreciate the expression of your opinion and am not criticizing your right to that; and likewise, as long as Jude doesn’t tell me to stop, I’ll post what and at what frequency I see fit. Moreover, if I decide it there is sufficient reason to criticize or speak pessimistically about a program I think is administered by a scammer, you can be certain an accusation of repetitive posts will have very little effect. I know I’m not spamming the board or being quarrelsome or ridiculous when I post, so I know I’m doing nothing inappropriate, even if I am unfortunately irking you a bit.
If you aren’t interested in reading the side of an ongoing discussion that is antagonistic to your point-of-view regarding this program, you can avert any discomfort by skipping my posts, which are far, far fewer in number than yours. Now, back to GPP.
Andrew, of course you are allowed to post your thought here but I feel a lot of excitability shortly before GPP has reached his goal of 100,000 members. I just ask you to calm down and relax now, the 1st payments will start soon. Then you’ll be allowed to criticize if the program doesn’t pay.
Now am bumping the 3 GPP threads in order to reach the maximum of posters (not because am a cheerleader). I think it’s my responsibility to reach the maximum of posters. Some of them have posted in 1 thread out of 3 and don’t read this Blog regularly unless they’ve received an email in their inbox (and u receive an email only after posting once in a thread).
Hope you understand now!!!
No problem, and I don’t consider you a cheerleader. I don’t derive any joy from criticizing GPP just for the sake of it, either, and do certainly *hope* everyone is paid, even if I think the likelihood of it is abysmally low. We’ll see.
What no posting since August 13th?
I’ve read updates on the GGP forums. It appears they reached 100,000 even refunded some money to those who registered incorrectly.
I have some ideas on how to add some safegards to sending out ID.
If anyone is interested contact me with a personal message.
Well, i am a member of GPP and it is a sham how this conversation above with andrew and luc went on and on. This is life both of you guys and there will always be people who have their own opinions about things. And you have the right to express yours, and for Luc this is why we have a forum so that we can talk amoung other GPP members and relay postive feedback to them, i have most of my family inthis program and my dad got me started and since i have been living he has never put me in a position that i regret in the end . NEVER!! My father is a recently retired police officer with a great financial head on his shoulders and he really believes in the program.
I just say this, it is only 40 bucks per perosn and it is in all a lot of money for them if they do decide to run off. But youcan look at the pros and cons all day long and both sides are going to have an opinion and both will also be clenching on to something when either “payout or no payout ” happens. All i can say is that i will sit back and watch and wait and see what happens, i know that if this was me and i was apart of running this program, i would not be refunding people money and having them resign up again if this was a scam, i could easily say that we go their info and they are good to go. i would not be returning emails at the mass that they are trying to answer everyones question and form what i understand GPP has been around since either 2004 or 2005 when they started and after a year and a half, they had half the members required and 2 million dollars so why did’nt they quit then, also instead of 100,000 members why not 150,000 or 200,000 so they can get more money, but they did not they kept it simple and i like it. And on the fact of the information that they request from you, it is minimal compared to the information that you hand off to a waitress after dinner or when you pay for gas at the pump, like it was said before that there are so many risk in this world period………………choose one.
Thanks for your time,
GPP LOVE
TKG
sorry about the misspelled words, shit id ont know if i spelled that right ,,,huh IDK…LOL bye!!
Mmn, isn’t the members filled yet?
Where’s the money?
@Jude, GPP is close to completion and entering the final Steps: verification of all the documents, this process alone take time. In the same time, they have to face other difficulties like DDos, hackers and cheaters. But I believe they will pay very soon.
A note: Because the Euro is currently stronger than the USD, this means an increase of about 40% in your returns: $55,000 converted to Euros is a return of approximately $77,500 USD. The difference: $22500… Not bad at all!!!
Looks like the scams about to run its course and only a fool would pay anymore into this, the charity that is promoted on the website has asked to be removed as they are now concerned about the negative reaction …..its looks like most folk realise that the game is up with this one….your comments Mr Luc
Truth, GP is NOT a game but a real business that will pay. It’s a matter of patience, the closure of the program has been extended so it’s still time to join.
I didn’t post here lately cause Stella recommended me to use discretion when I post.
Anyway this is the last update of Stella:
******
Dear Members,
We have finally figured out the deadline for the program, and
here it comes! This is going to give the members a clear schedule how to work towards the rewards.
- program will be closed on the 31st of December 2007
- documents have to be provided during January 2008
- payout will be between the 15th and 29th of February 2008
To make the short story a little bit longer, we are going to close the program on the very last day of year 2007. This gives you all enough time to complete the profiles and recheck the information you have provided. Also, there is enough time to handle all the inactivation and downline modification requests (please see my earlier update).
The recently launched 250,000 Additional Policies campaign doesn’t have any effect on this closure date. If we only sold 10,000 Additional Policies, or all 250,000 of them, the program will be closed on the 31st of December 2007.
The ID copies and the agreements (latter will be downloadable in the member area starting on the first of January 2008) must be returned during January. There is one full month to send us what we need and that should be enough for every single member. Full instructions of how to complete this step will be available during December.
And the date that matters you the most is the payout date. The Trust Partner has worked with the insurance company to be able to shorten the policy handling time after all the members have provided the documents. The payout is projected to happen between 15th and 29th of February 2008.
I am sure this update clarifies a huge amount of confusion amongst the members. Please share the latest news with your group and assure them that we are on the track heading to the great success!
Thank you for your support and cooperation!
Regards,
Stella”
*******
And remember the dicton: Reward comes – at the right time – to those who are patients.
They’re accepting more policies? I smell a rat Luc. It’s delaying in a way that I’m not sure if it’s going to work in the first place. Logically thinking, the maths can’t work out to be that way.
Jude,
Based on all the informations I have at the time of the writing, I believe GPP will pay. If I had a single doubt, I would let you ALL know. I encourage also the GPP members to have a positive attitude.
Now if you ask me the question, of course I believe this is a bad move on their part as it’s the 1st time they don’t keep their word. I also think it is unfair for the little people who are counting on receiving the payout before they are NO longer qualified due to their age and for those who were promised payouts in October and joined based on this News only.
Anyhow, if we were able to wait over a year (for the first members), we would also be able to wait a few more months. I’m still positive about the final outcome, the program is REAL and they will pay out. It’s just a matter of patience.
OK now we have to come to an end ..
GPP told us that we have to make it up to 100 000 people to the 31:th of august,and that was a deadline and we had to make it !!!
to recieve any cash !!
All the sudden we passed 100 000 people and we passed 31:th of august,but still they accepted more people to join since some people had fallen out or some people didnt want to give away their personal info and update.
And more people joined but still it feels like they dont have the 100 000 people needed,because now they still havent got all the needed info as a copy of all passports and more needed personal details.
so its gonna more delays ,no need to be Einstien to come up with that.
and one more thing is that GPP is suppose to open up an account for all the 100 000 people that have joined,when are they planning to do that??
So now another thing that i have really hard to believe is how on earth they now open so we all can pay in more cash and buy 250 000 more policies,
Who’s gonna pay for that ??
And form where do they get the funds to that??
Isnt every policy personal and that was the reason it was so exclusive from the begining and it was so forbidden if it was people that changed identities,??
So basiclly i have one question,is anyone buying this bulls**t and believe that GPP will pay us any cash in february??
If so ..please explain if i am that stupid not to see how that is possible…
I honestly think it’s not going to happen.
2 BIG News: We can use e-bullion again and we know the closing and payout date.
*****
Dear Members,
Because of the never-ending flow of incoming emails concerning e-bullion, we have decided to bite the bullet and give you the opportunity to use it again. Please be informed, that if we find don’t feel comfortable with it any longer, this option will be suspended on the spot. Their status is not the best or the most trust-worthy, so we keep our eye on them very closely.
About Liberty Reserve. At the moment only Liberty Reserve USD is accepted. However, to be able to serve you better, we will enable Liberty Reserve EUR as soon as we possible can. It just takes a little bit of programming. So, once done, both LR currencies will be accepted.
C-gold, as well will be available shortly. Our account has been verified by them already, so all it takes now is to make it work fluently with our system. There has been some complications, like after a successful payment the visitor is not forwarded to the membership application. Quite an inconvenience, I’d say!
AND…The bonuses from the Additional Policies your downline has purchased so far will be added to your earnings with a slight delay. No need to worry, nor email and inform me about the same!
Thank you!
Have a great weekend!
Regards,
Stella
****
The Closing Date is Announced:
*****
Dear Members,
We have finally figured out the deadline for the program, and
here it comes! This is going to give the members a clear schedule how to work towards the rewards.
- program will be closed on the 31st of December 2007
- documents have to be provided during January 2008
- payout will be between the 15th and 29th of February 2008
To make the short story a little bit longer, we are going to close the program on the very last day of year 2007. This gives you all enough time to complete the profiles and recheck the information you have provided. Also, there is enough time to handle all the inactivation and downline modification requests (please see my earlier update).
The recently launched 250,000 Additional Policies campaign doesn’t have any effect on this closure date. If we only sold 10,000 Additional Policies, or all 250,000 of them, the program will be closed on the 31st of December 2007.
The ID copies and the agreements (latter will be downloadable in the member area starting on the first of January 2008) must be returned during January. There is one full month to send us what we need and that should be enough for every single member. Full instructions of how to complete this step will be available during December.
And the date that matters you the most is the payout date. The Trust Partner has worked with the insurance company to be able to shorten the policy handling time after all the members have provided the documents. The payout is projected to happen between 15th and 29th of February 2008.
I am sure this update clarifies a huge amount of confusion amongst the members. Please share the latest news with your group and assure them that we are on the track heading to the great success!
Thank you for your support and cooperation!
Regards,
Stella
*****
So far, so good!
Reading all this feels like its only written for our own comfort,and have nothing to with what we should expect from GPP…
They are truly smart people ..the only thing i’m expecting now is to see if they are paying out to us !!
“GPP Love
Oct 10th, 2007 at 1:22 pm
Well, i am a member of GPP and it is a sham…”
You should have stopped right there. lol
has anyone contacted or met Stella or neverland? I’ve tried emailing support@globalpensionplan.net and delivery failed. it worked a month ago????
globalpp.net is a truth, Stell is doing wonderful job,Let us pray al together that GPP is to reach its goal fast and atleast 100,000 of this planet have better life in 2008 along with innocent childrens to those charity helps
ABDUL KHADRI RAHIMAN, I can’t be more agree with you… and when this program will start paying, all the naysayers will shut up their mouth!!!
I’m wondering why they’re not yet asking for our i’d's? I hope they do pay up next month.
I truly hope they pay us of course but my common sense wants to give me a bitch slap in the face for actually believeing that they might do pay us..
They have stalled this all the way and to top that they collected even more money from us to pay us even more .so the question or rather an explanation is where the hell do they get the money to pay us up come from..
And this issue with not giving us an adress to send our info or an account for our expecting money.
Smells worse then ,man i cant even expalin how bad it smells.!!
From the begining it was 12 billion euro invested,who has thwown in another 30-36 billion euro to pay us for the extra policies that people have paid for .
Hmmm i read a very important part of the agreeement that we are supposed to sign :
NOTICE: This agreement is between the member and Global Pension Plan. By completing and signing
this agreement form you are agreeing to sell back your Global Pension Plan insurance policy benefit to
the Trust Partner for a fixed price of EUR110,000 or EUR55,000 (per policy) dependent on the
member’s age. Once the Members Agreement form has been accepted by the Trust Partner, the client
is freed from any financial or other responsibilities concerning the program and the policy.
This meens that GPP is taking away there responsibilities as soon as you have signed this contract,and the responsibilities is in The Trust Partners hand..
Who are the Trust Partners is the big question here ??
Again, like I say, don’t blame god if this doesn’t pull through. Chances are it will never.
Though I pray for your money to come, there’s no slight chance in common sense that it will.
I understand your scepticism but you have to look outside of the box. I believe this could be possible cause this program doesn’t work like a hyip, it’s far different. Only time will tell and we don’t have a long time to wait before the 1st payout starts!
How long’s that gonna happen Luc? when’s the date they’re giving you?
Jude,
GPP will be closed to new members on 31st January 2008 (previously the deadline was on 31 December 2007) and the 1st payouts are estimated for mid-February 2008.
You’ll be updated when the payouts will start.
You guys are funny. Not exactly mensamaterial here… lol…
EVERYONE PLEASE READ… I’ll be your best supporter if you can read on and provide this info! Until then, please, everyone read on………… Oh, and reguards to your friend who is a friend of Stella’s cousin twice removed….
—–
My friend Stella (or even you Frenc Canadia), why don’t you send us a PDF file for us to fill out? You do know what a PDF file is don’t you? Surely you can send a PDF showing letterhead, even with even the smallest amount of info… In other words, show me that you have the ability to make the file at all. Someone handling 20 Billion surely has this capability…
By the way, what is the name of this Bank with the 20 Billion? Surely you can give that out. That would have nothing to do with your… Tell you what, why don’t you use that bank for your solution!
People, please do not get duped into sending these clowns any further money. Please do not!!!
ACTIONS ARE MORE IMPORTANT THAN WORDS! They have presented many words. NO ACTION!!!
Goodness, there is another scam with some Global Pension Insurance Trust with a Mr. Ben Siegler! You mean that you couldn’t even come up with a different name! HA HA HA! Just let me find out more about that one.. Ha!
I’m afraid that I will have to post these thoughts on every site as this that I can find! A true waste of time, but I’ll have the benefit of preventing further taking advantage of others…
Stella, what’s the deal w/ your english. A bit better than before but don’t you think that it should be better handling all of these millions, I mean Billions?
Yes although i spent a couple of dollars on this, I’m still angry! I remeber hearing that the policies were going to be half price for some period of time… Guess the dollars were starting to dry up huh?
PEOPLE Do not buy more policies! For goodness sake, show yourselves just ONE DOLLAR, just ONE from this scam!
Do this for us, I might even believe you… NOT! But do this for others still beleving in this these few things. Surely you can do this…
1) Show a PDF (Like I said, if you know what one is).
2) What’s your last name
3) Which bank is holding thse 20 Billion. This should be outrageoly easy!
4) Where in Africa, are you located? Hmmm I mean which country are you in? Tell us something about ehre you are or any info as noted in 239 by Rokka.
I hope that I can ruin your flow of nonsense!
Someone tell me of other places that I can post this so that I can “direct people to “wait†on this payout!
Stella, please comment before I go on a posting marathon! Better do it fast too! Found one already! Get ready, set, (you are up)! I’m waiting~~
Mike Check
Evyone what happened to my previous post!? Guess I’ll have to continuously update this huh?
Mike Check
Those who join these blatant scams are fools.
Those who promote them are ignorant and unethical partners
in crime.
Investment Capital Corp – one time payment of $39.95 and receive 40K
and $500 per referral.
PWW4YOU – $50 one time and receive 75K plus $3000 per referral
Limited to 150,000 contracts
Global Pension Plan – Pay $35 and receive 55K
World Pension Plus – Pay $55 and collect 80K by the end of February
Not one has paid a dime to the members.
Keep dreaming everyone!
roscoe, if you don’t believe this program will pay, why do you lose your time to come here?
Personally, I have many good reasons to believe this program is REAL and will pay and we’ll prove it to you soon!
Hope the payouts will shut up all the naysayers!
hey luc, did stella give an update as far as if the payments will be made before the end of the month? thanks for any help
Trish, this is the summary of the update of 24th February: In the Member Agreement, members can cross off their personal banking details if they’ve already filled this in because ALL members will now be paid through the GPP banking solution but there are still no time frame for payments.
Don’t understand why people worry about what other people do with their own money. So what if it pays or if it does not. If these people are dupped are you going to repay these people? No!!! Some people have nothing else to do. Sounds like HATERS to me. If someone wants to spend 35 to a thousand dollars on GPP or any other plan, it is soooo not your business.
Some people will never have anything in life because they don’t take a chance. I myself took that chance and it paid off….There were haters just like some of you and guess what…..I GOT PAID and you could have bought them for a penny. One thing I do know is the more you put something down the more the universe pulls it up. Unless you can prove beyond a shadow of a doubt that this company or these companies are scamming people. You shouldn’t say negative things about them Watch what you say because often negative talk will bring about positive things for others.
Talk about something else in the negative like, why you are sooooooo negative? Lets discuss that……
Ms.K
Forget GPP at the moment. You’ll be informed when the payouts will start.
No matter how many past failures you’ve had in the past, ASD would be possibly in all your internet searches, the 1st time, you’ll be experiencing financial freedom.
Link here: http://hyipblog.nobshyip.net/2008/05/18/adsurfdaily-cashgenerator/
marco peter and mark are dead men
Why is it necessary for us to provide extensive personal identification in the hope of getting the payout from GPP? I would hope that they would understand if we blacked out personal numbers like those found on drivers’ licenses. I do not care to show anyone my picture without an explanation of why we do this . Are they going to come after us and steal our identification? I tried writing some of the GPP team members regarding this and they got huffy and said they were not going to answer any more questions. They then referred me to my sponsor for the answer.
I want to believe in this projected payout but I am feeling uncomfortable about it. I want to know how long it will take the documents to reach their destination and what they will do with the information once they have verified id’s.
From what I have read, most of you are still optimistic about GPP. I hope that will remain the case.
I hear the “new” closing date for GPP is August 17, 2008. They are collecting the documents now. Is this deja vu all over again?
Just look at what is happening to wpp right now to have an idea what will happen to gpp after the consolidation of members’ id.
Hey Luc, great recommendation for ASD. LOL Almost as good as for GPP.
People should be catching on by now that your only concern in posting here is to push them to any program that you think you can make money from referrals.
Still not sure about GPP. There is nothing concrete that says that these people are scammers. I have seen the names of some individuals that were suppose to be behind this program but when I google them, nothing comes up on these people but general things. Also, the media in Finland is warning people about GPP but nobody can verify where they are located. If they don’t have license to operate in Finland, maybe they are not in Finland. Makes not since. I have been following this for my Journalism class that I am taking in school. It really sounds like a bunch of haters. GPP seems to be the under dog because they are the talk of all the RPP programs. I don’t understand why there is so much talk about this group when there are other rpps out there as well. This is why my curiousity is aroused.
It just makes me wonder. I read about the fake website that someone copied. I read up on a lot of unfortunate things that have happened to GPP. I detect a lot of resilience from this group. Scammers or not, they are very resilient. I am not on here to put anybody down or group down. Just trying to make sense of it all. People are throwing so much hate towards them and there is no proof that they are scammers. Although they haven’t paid out, it still does not prove that they are scammers.
I have been on a lot of forums and read a lot about GPP, but there is nothing concrete, just here say. Even the media write ups were not concrete. They just said that they were investigating them. Well, what happened to the investigation? It reminds me of a witch hunt.
Any news its Aug. 17th
Mary am totally agree with you. GPP is NOT a SCAM as I said since the beginning and so far nobody was able to prove it’s a scam.
It’s the same prblem with ASD… a lot of naysayers are spreading rumors, lies, false allegations, inaccurate infos often based on their emotions and personal opinions but… NO FACTS!
GTR, it’s not the 1st time you make allusion to the referrals, I remember a long time ago, you said the same thing to me about another program. People here know who i am, they know perfectly that I don’t post here to get referrals. ASD is, primarily, a PASSIVE INCOME program. With this program, you earn so much by purchasing and re-purchasing ad packages alone that you don’t really need referrals.
And I don’t believe that ASD is over, I think the program will restart again. According to my infos (I got from reliable sources), ASD is in GOOD hands for legal representation and is going to be fighting ALL allegations the Civil Complaints that have been filed (there were no criminal files against ASD cause NO proofs that is a Ponzi Scheme).
There’s a conference call tonight and I’ll be there!
Continual pushing back of payout month after month! Hey does everyone remember the January pay out? Oh look, we need to wait until September!
October is the next restart date!
Members are sending valuable info on a nonsecure server. Now with all of these ddos attacks by hackers, and flimsy servers going down every time Stella sneezes, and other supposed issues that they would better protect your info huh?
Well, they don’t care! They will sell your info off in the first place!
MikeCheck
Does anyone have any word on when the new payout date is?
terrance, GPP members have till the 15th September to send all their dcuments. The payouts should start shortly after this deadline at the only condition GPP reach a minimum of 100,000 members with their completed docs.
Nowadays, a lot f people are concerned with “identity theft” and do not want to send their ID. So why GPP asks for ID docs? Mainly to verify the age of their members (they should have under 67 and scanned ID are the only way to verify the age).
You should also keep in mind that every GPP members will be given an offshore bank account, and their ID is necessary to set up this account.
Hope that helps!
The offer of easy money is always going to attract the masses!
This is the path of least resistance its easier to swim down river right.
Look if you are going to get involved with a program like this you should only commit what you can afford to lose, its a gamble a bit of fun nothing more.
The problem with this type of thing is when people get to serious about the Dollar signs $$$$$$ = Millions and then the greed takes over.
Chill get real this thing has no track record and until it has don’t be sweating over it…. The truth is its an idea, it could work or maybe it won’t.
The real deal is with the ones who take it to the extreme and promote it like it is the only chance of real wealth available and to the lazy people of the world it most likely is!!!!
However the are some real opportunities out there ones that are proven
This one is the one I have been doing for the last 8 years take a look for yourself http://www.tour.1-big.com you will need a tour ID: 9013
I don’t hurt people, I show them how by helping other they can build a real solid business with no restriction on income or expectation to do well.
You can earn what you want when you want you choose.
Its the real deal and my only income. You can call me anytime my number is on the site.
But here is catch…. you actually have to do some work.
Pays well though. Last month i made just over £15,000.00 or $30,000.00
Most people make £500 to a £1000 in there first month part time and work up from there.
When you have a serious income $35 is a bit of fun with GPP
If you don’t have it its a lot to risk. I say get serious first then have fun.
I have bought a share of GPP- But i wont be holding my breath that would be way to risky
Wishing you all good sence in what ever you choose
Hola muy buenas tardes realmente no se que decir ni en que creer… dutrante dos meses aproximadamente estoy averiguando sobre GPP y la verdad sean o no sean estafadores creo que merecemos que nos digan concretamente si van a pagar la poliza o no y asi nos desencantamos y aceptaremos vivir en la realidad… ademas me parece que se estan burlando de nosotros y merecemos respeto…
Gracias
Luc I hope you have been sitting down since 2007 because we are going to 2009 and you still haven’t seen a check I agree with Mike either you just don’t want to accept it or there is a problem. I understand everyone wants to be rich but damn I have never met anyone like you that keeps believing I just spend forty minutes reading all this crap and i can’t believe you don’t give up trust me first and last visit, but i hope you get some help cause you are in denial
Funny. People still dont realize its a scam. You people should commit yourself for psycevaluation.
i have a investment program where you will receive guaranteed payouts 3 months to 6 months once,and once invested you need not invest again..you will receive payouts as well as the investment program itself takes you to the next level..iwill send you proof of payments received to your e-mail id..if your interested kindly e-mail me to ljkerala12008@gmail.com with the subject investment program info
I found something familiar.
gecpp.com Global Economical Crisis Pension plan
i will try this out. i will let you know.
This post is in reality the most poignant on this deserving topic. I absolutely feel the same way with your points of view and will eagerly look forward to your upcoming updates. Just saying thanks will not just be adequate, for the phenomenal clarity in your writing. I will immediately grab your rss feed to stay informed of any updates. Solid work and much success in your website promotion!
nice post! thx!
Im surprised to have found this blog, I though I was the only one writing about this…thanks.
I entered to GPP web page to find one message, PROGRAM CLOSING, that’s good news.
GPP UPDATE FOR MEMBERS WHO DID NOT GET THE EMAIL. PLEASE ACT FAST !!!!!
WE’RE NEARING COMPLETION !!
Dear GPP Members,
We are clad to finally announce, that after going through pretty tough times here behind the curtains, our precious project is back on track and we are progressing towards the payout!
We will close the member area for any further sign ups, Additional Policy purchases and profile modifications any day soon. Even if the target of 250.000 sold Additional Policies wasn’t reached yet, we have decided to move forward and not to let it delay the program any further.
As you might imagine, we still have Additional Policias available. If you want one now, please login into your Member area and make the purchase there.
If the member area has been closed already, but you still want to make a purchase, please follow the further instructions:
1. Login to your Liberty Reserve or C-Gold account
and
2. Make a spend of 10EUR per Additional Policy to our account. You have to type your username and number of Additional Policies purchased into the memo field, for example: myusername/3.
Our e-currency account numbers are (the same account numbers, as we have had for years):
Liberty Reserve: U5948339 (Global Account)
C-Gold: 3436 (Global Account)
We have been solving multiple problems during the last months, like the legal contracts-related one mentioned a few months back. The problem with the banking solution still exists. The mandatory membership for the international wires has not been granted making it impossible for us/our partner to send the compensations World wide. It looks obvious, that our partner is unable to get the approval, so we would have to mail the payment cheques via courier. That is the very last solution we wanted to go for, but in this case very unfortunate case that the banking solution failed, it is the only way to go.
We admit, that trying to set up our own banking solution was a costly and time-consuming mistake. Our main objective was to iron out all the problems the other payment solutions contain, and make it as safe, convenient and fast for our members as possible to receive and use the funds after the payout has taken place. This we didn’t achieve, unfortunately.
Shipping the cheques to our members is a costly operation, and we need your help. We have found a suitable partner and managed to make an economical good deal with an international courier service. But because of the magnitude of the task, the Trust Partner is unable to handle the costs alone. Mailing the cheques for our 122.000-ish members costs roughly 5.9 million EUR. The average price per shipment is 48.5EUR. An insured express shipment from our partner from the UAE costs 33EUR for the members living nearby, i.e. the neighboring countries, rising up to 64EUR for the members living on the other side of the Globe. The Trust Parner is able to cover around half of the costs, leaving just 20EUR for each member to cover themselves.
Making your payment against the shipping costs is easy, but you must follow the simple instructions carefully:
1. Login to your Liberty Reserve or C-Gold account and make a manual payment (i.e. NOT through our website) to our account:
Liberty Reserve: U9270694 (Global Account)
or
C-Gold: 3436 (Global Account)
2. Pay only one member’s shipping fee at a time and type “shipping” and the username (of the member in question) into the memo field.
Example: Shipping / myusername. Please be extra careful to type the username correctly, otherwise it cannot be combined with the correct member.
Do not combine two or more shipping fees into one payment! Only one payment / member at a time, please!
You may use your own account to pay other members’ shipping fees. But always state the username in the payment memo field this payment is related to.
Please remember, that the cheque will be sent to the exact address you have saved into your member profile. If you have moved to another address, please update the address at the soonest.
You must not send us an email confirmation of the shipping fee payment! We have all the information we need to track down the payment, combine it with the member in question and progress further.
Last, but by no means least, our partner program is launching very soon. We have told you about this new program around a year ago, and we’ve received tons of inquiries since then. During these turbulent times setting up such a huge operation has been extremely slow. The only thing pending still is the credit card processing contract, i.e. the merchant account. The owner and the program have been pre-approved by the merchant service provider, only the final approval is still pending.
This program will be strictly limited to just 60.000 members, so they expect it to fill fast. The Trust Partner and the owner of this soon-to-be-launched program have agreed, that the GPP members will be offered a priviledged sign up period before the doors will be opened for the general public. Also the sign up fee will only be half of the normal price. GPP members will receive an invitation email shortly with full instructions.
People, we are almost there! This is the moment we have been waiting for!
Sincerely,
Admin
Dont do it, it is a scam. The invisible “hackers” (which there probably arent any at all, its just games they are playing with us) have done it yet again. For 5 years “hackers” have menaced the GPP website. Why? Cant GPP get a real website with real equipment to keep hackers out?
Anyway, its a load of hoooeee, dont pay them another dime. Due your research and research ALL GPP forums…….
From: Global Pension TRUSTEE
Sent: Wed, 27 October, 2010 1:04:12 AM
Subject: GPP URGENT
Global Pension TRUSTEE”
Hey There. I found your blog using msn. This is a very neatly written article. I will be sure to bookmark it and return to learn extra of your useful info. Thank you for the post. I will certainly return.
I still believe that GPP was a good biz opps but it failed cause there were too many naysayers.
OK, let’s move on, and I wish all good luck and make money online.