Avoid the scams, find out which Business Opportunities actually work
March 14, 2007
Filed under: General Opportunities, HYIPs — Ben @ 2:29 pm

I’ve recently received several emails about this one. It’s called the “Global Pension Plan” and promises to help you turn €30 into €55,000 or more!

I got the following email and decided to look into it:

“Hi Ben
Could you be kind enough to look into this opportunity for me, what’s your opinon on this one, sounds too good to be true!….has it got scam written all over it? it was passed on to me by friend.
thanks for your time
Phil”

Well, I had a good look at the site and tried to find out who is behind it and what is going on.

Rather than take up space here, please visit the main site:

Global Pension Plan - Is it a Scam?

Once you’ve read the report there, please feel free to comment on this blog or send me an email to the usual address.

Thanks,

Ben

*UPDATE 23/02/2008* - I’ve had to remove some comments as the blog was collapsing under the weight!

These comments have been archived and you can view them here:

Archived Global Pension Plan Comments

*UPDATE 13/11/2008* - I’ve had a few problems with the blog over the past 24 hours which resulted in a restore from backup. Consequently you may find some rogue symbols dotted around the place - especially where there used to be a € or £ sign. Apologies for this but there are far too many for me to correct!

*UPDATE 22/12/2008* - Just for fun: The Global Pension Plan - Stella’s Updates

*UPDATE 16/06/2009* - Now that Stella is gone or dead or whatever - she’s not writing the updates in any case - let’s just remind ourselves of when the final date for GPP is (from the official site):

20th of November, 2008
Deadline & General update

The Final Deadline: 31st of January 2009
During the last week and half we have been closely in touch with the insurance company and the financier of this project and agreed the final deadline to be set on the above mentioned date. The current turbulent financial climate has created a great pressure to finish the program as soon as possible. This date is absolute and means, that we MUST reach the initially set target of 100.000 qualified members. Otherwise the program closes without payout.”

Note that Stella said “this date is absolute” so it was surprising when the new ‘admin’ posted this:

10th of May, 2009
Update

Dear Global Pension Plan Members,
As per Trust Partner’s decision, we hereby announce the final closing date of Global Pension Plan: 06/30/2009 That is the 30th of June 2009.
The current number of fully qualified members is only slightly short of the 100.000 limit.
Trust Partner highly appreaciates your efforts and sends you best wishes and luck for the last month and a half.
Sincerely,
Admin”

*UPDATE 26/10/2009* - Apologies for the problems with the blog over the weekend. A new plugin caused the issues. All should be back to normal now…

3,192 Comments on ‘Global Pension Plan - Do Your “Due Diligence”’ »

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  1. 2440

    Oh dear

    Comment by Faye – February 2, 2010 @ 10:01 am

  2. 2439

    Hello
    I’ve heard rumors that IC3 or FBI is trying to close GPP,
    get this message on the website of Global Pension Plan

    Website Temporary Unavailable

    The Website you are trying to access is having Temporary difficulties. Please check back in few hours.

    Message Automatically Generated by BlockDos.Net

    Comment by Billly – February 1, 2010 @ 6:25 pm

  3. 2438

    For you Melissa, for my friend, and for all the others who have a dream of bettering themselves/their situation, I hope it pays out.
    I will just stop there.

    Comment by IF IT WALKS LIKE A DUCK – January 31, 2010 @ 12:43 am

  4. 2437

    I know I will look stupid or what ever but I still beleive all reverse pension plan will pay this year, I had a car accident last years and for get retablish , I need to invest in an expensive treatement, when I discover the reverse pension plan, I told my self this is my chance to get involve for pay my treatment to restablish myself even if the reverse pension plan look bad or always lies to not pay anyone, I still hope because it is my only hope never in my life only with any work I can do, I will be able to pay the expensive treatment I need so I still hope even if it is look impossible it is a small chance those program are true…

    Comment by Melissa – January 30, 2010 @ 8:38 pm

  5. 2436

    Some additional information. They are calling this LiberatorOne, and they claim it is not a RPP, but it is being called a BST, Buy/Sell Transaction, and it is part of QCoopers. All you need to know is John Noakes is pumping this, and of course he is bragging on how smart of an investor Terry is, and yet Terry has yet to see a winner. Hmmm, come to think of it, neither has John Noakes. So you have a great track record here. LOL! By the way, you can’t join as 10,000 has already been reached.

    Comment by EagleOne – January 29, 2010 @ 6:49 am

  6. 2435

    Terry’s program is QCooper. TeamThemCo is just fronting for it. Saw a lot of familiar pimps of GPP, HCI, ImperiaInvest pumping people up to join this farce. Seems they found 10,000 victims that want to lose their $90 per unit, or $360 if they buy 4. Of course now it is limited to 4 units, but wonder how long before they scrap that and allow more than 4 to be purchased. Remember GPP was only supposed to allow 1, and look what they later did. Of course it is going to be interesting to hear all the excuses why this can’t pay out on time. As the old saying goes, “A Fool and His Money are Soon Parted.”

    Comment by EagleOne – January 29, 2010 @ 6:19 am

  7. 2434

    Was reading THEMCO- first time in a long time. It appears even Themco no longer believe in GPP any more…

    Comment by phys – January 28, 2010 @ 3:35 pm

  8. 2433

    umbertino49Jan 9 2010, 08:52 AM
    QUOTE (cards @ Jan 9 2010, 04:31 PM)
    PROOF THAT AGAIN, I’M RIGHT ALL ALONG :

    So, CHEERLEADERS, which GPP will you tell your victims to send money to ?

    http://72.20.16.187/login.php

    http://66.199.150.123/login.php

    YOU SHOULD DECIDE NOW BECAUSE BOTH ARE ASKING FOR MORE MONEY FROM YOUR VICTIMS !!!
    Cards, for what I recall it’s been a long time since cheerleaders, not even one of them, peeked their noses in here……….
    ErbiJan 10 2010, 09:03 PM
    http://www.global-final-step.net is real, because it used the same LR account, this is the most convincing evidence.
    ErbiJan 10 2010, 09:09 PM
    There were some CG payment problems during the early stage of the very recent website problems. These we have tried to iron out by now. If you still think, that your problem has not been solved, please contact us via the email address you got from the payment processor while complaining about the hick up.

    My downline needs to contact GPP support for his missing contracts, I really cant find out the correct email address, anyone can tell me? Thank you in advance.
    MariaElisaJan 10 2010, 10:11 PM
    What mean that ?

    I want to join but do not know if they are paying or not

    please advise

    There were some CG payment problems during the early stage of the very recent website problems. These we have tried to iron out by now. If you still think, that your problem has not been solved, please contact us via the email address you got from the payment processor while complaining about the hick up.

    My downline needs to contact GPP support for his missing contracts, I really cant find out the correct email address, anyone can tell me? Thank you in advance.

    wwind3Jan 11 2010, 03:55 AM
    This crap has gone from “the purchase of additional policies is OPTIONAL and WILL NOT affect the payout timeline of the program” to”if you dont buy up the additional 20000 policies you are in danger of bringing the program down”

    Liars, cheats, scammers. Preying on the fear of loss and overall stupidity of the millions of unsophisticated people on the net. Shameful.
    cardsJan 11 2010, 07:35 AM
    QUOTE (Sailor;137317)
    And if the Trust-partner or admin of GPP read this post I will give them a tip on how to end all of this in matter of hours, maybe minutes.
    - If GPP could pay out the ground policy, the very one, the very first every one of your 100.000 verified members have bought.

    One policy worth 55.000 euro, to each and every one of the verified members.

    And then still have the opportunity open for the members to buy the last remaining policies.

    If they would do this - We would close tomorrow!

    Listen, Sailor. Assuming “GPP”, “Stella”, “Trust Partner”, is REAL, and “RPP” even works, then each and every one of them would have as many policies as they can afford. Right? Even you, who only reads some paragraphs on a webpage, are convinced enough to buy more than 150 policies. If I were “Stella”, one of the “Trust Partner”, or one of the “Admin”, and I know this WORKS for real, I would have bought 1,000 policies for myself and each of my family member, including THE DOG. Hell if I were the “Trust Partner”, I would have bought ALL the policies for myself. Why would I even offer them to 100,000 strangers?? Makes sense, right?

    Wait, forget all that.

    Let’s go back to your suggestion. To sell 20,000 “policies”, all GPP really had to do is : SIMPLY PAY OUT 10, no, just FIVE policies to one “Admin”. He would have enough money to buy all the rest of the policies and finish the program in 5 minutes! Doesn’t it make sense ???

    So wait, why do they NOT do that ? Or why do they offer 300,000 policies to 100,000 people for FIVE long years ??

    Deep down inside, you know the answer. It makes perfect SENSE.

    There is NO PAYOUT COMING. All they want is $20 or $30 or $40 from 300,000 PEOPLE like.

    By now they already have had a couple million of dollars, and they want some extra $$$ before announcing that the program HAS FAILED “because one member can’t keep his mouth shut” or “the bank freezes our accounts”, or “the government shuts us down” or whatever.

    Or worse : on Feb 28 they would make a FAKE update that all policies have been sold so the program is completed. But WAIT. Now it’s time for you to PAY for a “banking solution”, or “trust accounts”, or “anonymous debitcard” like such a thing really exist. And guess what ? There can be NO payout until EVERYONE purchases at least one “payout solution”.

    And the waiting game begins again for another 4-5 years. Before they finally disappear from the face of the planet.. wait, it’s too extreme. Before their “sophisticated website” is taken off the net (AGAIN).

    There is ALL there is to it!

    PERIOD!

    Comment by Faye – January 28, 2010 @ 12:58 pm

  9. 2432

    Tell me about this new scam…

    Comment by Faye – January 28, 2010 @ 12:50 pm

  10. 2431

    Ill repost it Now!

    Comment by Faye – January 28, 2010 @ 12:49 pm

  11. 2430

    Those policies are being sold as I know people who’s website has increased by a lot as far as ‘earnings’ are concerned. They are getting new members too signing up. I have had promos from at least 7 different sources in the last few days. Has there been a company that has actually bought up the lot? That is one of the rumours going around. One out in Australia says the sum is far too big to be paid out in ref fees alone. They say it must be a scam. Also there is a big promo about a themco offer which is being done by the same big promotor of GPP. Talk about getting confused.
    Angie

    Comment by Angie – January 28, 2010 @ 12:27 pm

  12. 2429

    @Faye

    Thank you, but which one? If you like it, you can post it here so everyone else can see.

    Friends, beware new scam.

    Comment by Cards – January 28, 2010 @ 11:26 am

  13. 2428

    Cards - I love your post on the other website!!!

    Comment by Faye – January 28, 2010 @ 10:09 am

  14. 2427

    Billy: Anyone who files a complaint with the FBI, IC3, SEC, FTC, Postal Inspector, or any other law enforcement agency will only receive a confirmation of receiving their complaint. They will not follow-up with you in regard to any investigation. They will not tell you if one is ongoing or not. If they do take action, you will read about it in a press release.

    Based on information we have received, we believe there are several law enforcement agencies from several countries looking into GPP other than Finland. Not even the Finn’s are giving any updates on their investigation since the original announcement they were looking into GPP. Not sure if this helped or not.

    Comment by EagleOne – January 28, 2010 @ 8:23 am

  15. 2426

    SCAM WARNING!!!

    ANOTHER “RPP” SCAM FROM CHEERLEADER “TERRY GILDER” AKA “THEMCO”. THIS WILL BE EXACTLY LIKE “MEGA PENSION PLAN” BY WARREN ENGLISH. AFTER EVERYONE PAYS, THEY WILL ANNOUNCE THAT THE PROGRAM “FAILS” WITH ONE OF 1001 POSSIBLE REASONS :

    themco-co-op(dot)com

    Comment by Cards – January 28, 2010 @ 3:46 am

  16. 2425

    Hello
    members and nonmembers of GPP
    Any response IC3.GOB the FBI or Interpol Global Pension Plan
    How are the investigations?,
    GPP these people raises thousands of dollars daily on its website and no authority closes,
    What is going on?

    Comment by Billly – January 28, 2010 @ 2:10 am

  17. 2424

    How do you mean Peters?

    Comment by Faye – January 26, 2010 @ 2:38 pm

  18. 2423

    GPP?
    It appears that we’re on our own now.

    Comment by Peters – January 26, 2010 @ 9:52 am

  19. 2422

    Why not post on the Moneymakergroup forum and World Law Direct.

    Comment by Cards – January 26, 2010 @ 5:13 am

  20. 2421

    or has everyone had their payout……..NAH! 2012 is more believable!

    Comment by Faye – January 25, 2010 @ 5:14 pm

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