It’s been a while since I blogged about why I believe the Global Pension Plan scheme is a total scam. Since then not much has happened. People have yet to receive that big pile of cash they’ve been promised, and frankly I’m not surprised. A comment on my original GPP post spurred me on to scour the net to see if there is any fresh incriminating info regarding GPP. Sadly I did not find anything new really, but I did come across something that I’ve overlooked before. Here is what I found:
http://www.uusisuomi.fi/kotimaa/3133…-suunnitteilla
Translation from Finnish, courtesy of Rokka.
Criminal investigation of GLobal pension plan-pyramid scheme has revealed new scam plans. National bureau of investigations Turku unit has found indications, that there’s already new, similar schemes to collect money from the gullible, tells Turun Sanomat.
Plans for new scams have been revealed in house searches, that police have conducted while investigating GPP in Helsinki, Forssa, Turku, Oulu and Tampere.
People should think where they put their money, can a few tens of euros investment bring you loads of money in a moment, says senior constable Esko Vesanen from NBI of Turku.
GPP network, which was marketing pension insurances, managed to collect from investors at least a pot of hundreds of thousands of euros. Exact figure is not yet discovered. Money went to foreign accounts, and tracing it has been a difficult work. Police haven’t been able yet to discover who was/were running GPP-pyramid scheme. Finnish NBI has been investigating GPP since spring.
Article Published 05.08.2008
http://www.yle.fi/news/left/id98016.html
Police investigating suspects in an alleged pyramid scheme have uncovered evidence suggesting the same people may have been planning similar operations.
The newspaper Turun Sanomat reports that during home raids, Turku police found indications that the suspects may have been trying to set up similar schemes to gather money from people via the Internet.Police have come across plans for Internet fraud in Helsinki, Forssa, Turku, Oulu, and Tampere while investigating the activities of the founders of Global Pension Plan. The “Plan” promised quick returns on investments, but has been accused of being a pyramid scheme.
“People should think about where they put their money,” warns Turku police force’s detective Esko Vesanen. “Can ten or so euros really bring a huge profit in just a moment?”
Police have been investigating one pyramid scheme after another since March.
Finland’s financial authority position on GPP:
http://www.vakuutusvalvonta.fi/s/f/e…0INSURANCE.pdf
Proof that the is no relationship between GPP and the Children of Ecuador Foundation as originally claimed by GPP:
http://breadforkids.org/notice.htm
These lowlife scums (GPP) are willing to stoop so low as to claim to be doing charitable work in order to steal your money. This just really ticks me off!
Interesting forum threads regarding GPP:
http://www.worldlawdirect.com/forum/
http://www.talkgold.com/forum/showthread.php?t=63508&page=1
http://www.moneymakergroup.com/Global-Pension-Plan-t198799.html
http://www.moneyguruforum.com/general-scams/17254-global-pension-plan-scam.html
I’m going to post any new info over here most likely rather than starting a new post.
If you find anything useful or anything that further sheds light on this whole GPP subject, please let me know.
Cheers,
Alan