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Global Pension Plan - What Has Become Of It?
Scam WarningTags: Global Pension Plan, GPP, Reverse Pension Plan, RPP.
A few months back, I remember Global Pension Plan has reached its 100,000 members.
What is Global Pension Plan?
According to its plan, its a venture from Liechtenstein, that allows you to pay 30 euros (30€) for a chance to make 55,000 euros (55,000€). I’ll quote direct from CashFlow, NN.
GLOBAL PENSION PLAN (GPP) is a project where a wealthy financier plans to invest $12 billion in old age pension insurances. Therefore GPP is looking for 100,000 persons that will sign up for one policy each while the financier covers the cost of an average of $41,000.
The stipulation is that the financier then can buy the policy back for $120,000. As a member you will then get $55,000 or 110,000.GPP even offers a second income opportunity if you help new members into this project. A Loyalty Program Bonus will be paid with $2.000 for every new member,12 levels deep. Please notice that there is no requirement to bring in new members. All payouts will be made after that GPP has reached the target of 100,000 members.
A summary of the costs for the financier looks like this:
Average cost for one policy: $41.000 (x 100.000 = $4.1 billion)
Payout to each member: $55.000 (x 100.000 = $5.5 billion)
Loyalty Program Bonus, $2.000 x 12 levels $24.000 (x 100.000 = $2.4 billion)
TOTALLY: $120.000 (x 100.000 = $12 billion)
Was it just a scam? Personally I’m really skeptical of how it will work out. There were even questions on this on my mind like, “So you’ll have to reach a 100,000 member strong in order to receive the 55,000 euros payback. What if one of them unfortunately passes away, does that forfeit and terminate everyone’s contract too?” and more.
It doesn’t make any economical sense for you to have over 183 fold returns (you got that right) with a magntitude of 100,000 times.
So what has become of everyone’s 30 euros? The last heard, the target has been hit and they’re still accepting funds. Anyone in GPP, RPP can maybe feed us with more.
Popularity: 76% [?]
Hi Jude,
Scam Warning is probably premature.
Some well-connected private investor groups are still endorsing this,
but negative speculation can only jeopardize progress.
Current report is that member goal has been reached and sign-ups are
still being accepted as a backup to replace unresponsive members.
No one can predict the outcome of RPP’s because anything can happen,
even to the well intentioned ones.
Also, as expected, there are a number of copycat scams showing up now.
Signing up from a referral link is discouraged, so if you want more info
or want to throw your hat in the ring, I will send you an email. Let me know.
newearth
Scam warning!!!! This crock had scam written all over it from the very beginning. Of course investors are being warned to keep nice and quiet. The usual excuses being trotted out are because delicate negotiations are taking place. I think the only negotiating the scammers are doing is that of making good their escape!!!
Isn’t that funny?… albanygang is yielling scam without any proof!
albanygang, you jump too quick on the gun!
How is that payout coming Luc? What a tool. ha ha ha
Signed,
Stella