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This section houses closed, inactive, and offline programs.

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Global Pension Plan - Globalpensionplan.com
chinbiz
post Jan 24 2006, 06:13 AM
Post #16


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how long is your estimate for the program
to start earning?
can a person outside US apply for this?


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muscle_girl
post Jan 24 2006, 06:23 AM
Post #17


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I did not read anywhere that is only for US people --- so I suspect anyone can join. I imagine it will take one more year to fill it up..... But the more people we can chat up the faster it will go!!!

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stine
post Jan 29 2006, 04:45 AM
Post #18


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moment of truth here folks...,

having already joined this program...,

like a month ago.., how many people have joined so far ?????


Also someone please clarify if I will ask for the funds I invested..,

if I should decide to pull out. I'm trying to hold unto my opinion ..,

giving this whole situation couple more months.., but can't help

asking myself why the more experienced people who are in a position of

bringing thousands of people have choosen to stay away from this program.

Personally I stopped sharing this as I received enough flak from veteran players in this

field..., so whomever has access to admin of this program, tell them to provide more

convincing info if they desire to draw one hundred thousand folks.



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muscle_girl
post Jan 29 2006, 09:38 AM
Post #19


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I don't think you can really "pull out" of this one. Besides the "funds" are only $35 -- hopefully you earned that in some hyip (that's how I made my $35).

I plan on sending it over to some marketers pretty soon actually -- since I am NOT a marketer. Actually there is one big marketer involved already...that's where I found out about it (the guy that runs Boulat). I know of several other marketers who claim they can build a downline in weeks...I guess we will find out.

This is really a long-term kind of program -- it's going to take another 6months to a year to pan out...but if/when it does -- it's going to be a nice 55K.

I still haven't looked to see how many have joined...it's there in the forum...but I haven't made it there yet. doh.gif


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Guest_Holymoly_*
post Jan 29 2006, 10:10 AM
Post #20





Guests






What are they doing in the Global Pension Plan?!
They sign faked pension policies, go to a bank and mortgage them and then give you all the money??????
And who, do you think, will have to pay back all the Mortgages???????

What a BS!
FORGET YOUR $35 !

And donīt offer such a BS under real investment opportunities! 4.gif

Thatīs my opinion, but Iīm sure that many of you donīt want to hear it! censored2.gif

Greetings, Holymoly

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tomu
post Mar 3 2006, 12:18 AM
Post #21


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Why do you assume that the policies are faked?

And as to the mortgage, this is my understanding of how it works.. Once they've gotten 100,000 members the program is closed and the pension policy is then issued in the member's name. At this stage the policy is not active as the Trust Partner hasn't paid the premium yet. The member is then asked to sign the sales contract so that all the liabilities, and benefits concerning the policy can be transferred in Trust Partner's name. At that point they own the future benefits of the agreement, and can mortgage the policy.

Once the policy has been mortgaged, the Trust Partner is the debtor, not the person the policy has been purchased from. The funds will then be released for the Trust Partner to take care of the expenses of the pension policy, including paying the members the Compensation of $55,000.

The plan seems sound to me, or at least plausible, and the numbers seem to work out.

Now having said all that, I would probably still put this in my "to good to be true" category.. There's definitely a chance that it could be a scam, but for $35, to me it's worth the risk. I've risked far more for less potential payout.

This post has been edited by tomu: Mar 3 2006, 12:19 AM


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Guest_sleeper_*
post Mar 9 2006, 11:09 AM
Post #22





Guests






I would like to join this program, but I don't have any egold. Is there a sponsor who can give me egold for paypal?
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leslie2000
post Mar 12 2006, 01:19 AM
Post #23


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smile.gif have a look!!!!
o, i like it ,very best!
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gmidan8081
post Mar 12 2006, 11:03 PM
Post #24


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site close for new members


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tomu
post Mar 13 2006, 11:21 AM
Post #25


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Just to clarify, new membership is suspended temporarily until they have their programmers make changes to the back office script. Apparently there were many bugs in the script resulting in them having to do a lot of manual fixes with referrals etc.. Once they've fixed the script they will begin takiing new members again.

This post has been edited by tomu: Mar 13 2006, 11:22 AM


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beFORTY
post Mar 14 2006, 09:14 PM
Post #26


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thats just a bs attempt to let them loook professional, stay cleear
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crave681
post May 8 2006, 07:12 AM
Post #27


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QUOTE(tomu @ Mar 13 2006, 03:21 PM) [snapback]1554325[/snapback]

Just to clarify, new membership is suspended temporarily until they have their programmers make changes to the back office script. Apparently there were many bugs in the script resulting in them having to do a lot of manual fixes with referrals etc.. Once they've fixed the script they will begin takiing new members again.

The site is up! They are taking new members and have grown to over 6500 as of today!
Soon membership will explode. This is an offshore opportunity available to anyone in the world.
You can also sign up your friends and family , and earn $2k commissions on them, once the pensions
are purchased, and in addition to the $55k you will make. YOU DO NOT NEED ANY REFERRALS TO MAKE MONEY HERE, EVERYONE WILL MAKE $55k... HOWEVER, you can make ALOT more with referrals.
Here is a breakdown of how it will work....
the investors will get a loan (mortage actually) on each policy...but to keep this simple...
let's focus on one member.....so, this person is 35 years old, and the insurance company says
they want $41,000 as the premiums to buy a $200k insurance pension plan.
that 200k is not actually 200k now....but it will be worth 200k when that 35 yr old turns 67.
so, the investors that got the loan on that 200k policy, can get a loan of $120k on it...
so, now, the investors have 120k (from the loan company)....to work with
they have to pay 55k to the 35 yr old...per the contract...
they have to pay 41k to the insurance company that's writing the pension plan....
now, that's 41k + 55k = 96k...leaving 24k for referral commissions and admin fees.
$120,000 - $41,000 - $55,000 = $24,000. Remember who's all involved here....
1) the insurance company, 2) the investors, 3) the loan company and 4) us.
when that 35yr old turns 67, then the investors turn in the pension plan to the insurance
company, and gets paid out $200,000. They owed $120k on it, so, they pay that back and they
make a cool $80,000 on each and very person they do this for.
therefore, everyone involved makes out...
1) the insurance company, because they get years or premiums up front, and will invest those $s (OPM!),....
2) the investors make $80k on each person
3) the loan company gets it's interest on the $120k loan they made to the investors
and 4) we get our 55k plus commissions!
Join today! See my sig!
Good luck , and happy investing wave.gif
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jb1441
post May 8 2006, 09:07 PM
Post #28


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The program began in May, 2005. Only 6500 members in a year($227,500 collected)
for this fantastic opportunity for only $35!
They need 100,00 before they do anything.
That gives them $3.5 million!
Then they pay out 100,00 x $55,000 all at once! (do the math)
Plus another $2000 loyaly bonus to each member!
But, after all, its only $35 you lose!
And they are off-shore!




















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crave681
post May 9 2006, 11:49 AM
Post #29


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QUOTE(jb1441 @ May 9 2006, 01:07 AM) [snapback]2076007[/snapback]

The program began in May, 2005. Only 6500 members in a year($227,500 collected)
for this fantastic opportunity for only $35!
They need 100,00 before they do anything.
That gives them $3.5 million!
Then they pay out 100,00 x $55,000 all at once! (do the math)
Plus another $2000 loyaly bonus to each member!
But, after all, its only $35 you lose!
And they are off-shore!

clearly , you didnt read my post. Try again. Since the site came back
up, theyve added several hundred members in 5 days time, but hey,
your decision.
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NOREFFENDY
post May 9 2006, 09:27 PM
Post #30


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Are there any risk in losing our money?

How could we got hold of the debit card?

Can the debit card be usde in any ATM'S in the world including Malaysia? blink.gif
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