Just Numbers on a Screen

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La Fontaine Media, Feb 1, 2006 - True Crime - 252 pages
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Mr. and Mrs. Marsden who created Pips Inc., the People in Profit System, were not the first to operate a Ponzi scheme by courtesy of the Internet - and they are most certainly not going to be the last. But for sheer boldfaced audacity they may well be remembered. Theirs was as elaborate a fraud as is seldom seen in the shady world of scamsters. Upfront and personal would be a way to describe their public posturing. Creating an elaborate web of seemingly legitimate companies, they lied so convincingly that thousands worldwide were convinced and poured their money into something that was promising to make them unbelievably wealthy. Rarely has the phrase "if it seems too good to be true, it probably is" had a greater resonance, for the Marsdens were offering a remarkable 2% per trading day interest on the money. And they were believed.
 

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Contents

Section 1
1
Section 2
6
Section 3
10
Section 4
16
Section 5
33
Section 6
38
Section 7
44
Section 8
50
Section 14
129
Section 15
141
Section 16
159
Section 17
166
Section 18
176
Section 19
184
Section 20
198
Section 21
206

Section 9
66
Section 10
79
Section 11
91
Section 12
103
Section 13
115
Section 22
220
Section 23
227
Section 24
233
Section 25
237
Copyright

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