HELP: Does anyone here know PIPC???

[green_tea]

Does anyone here know or have tried out investing with PIPC (Performance Investment Products Corp.)??? Need information please....

www.pipcorp.com

Any feedback on this would be very much appreciated...

[KuyaDanny]

I took a look at the website, and found that they are incorporated in the British Virgin Islands. In that jusridiction there are no taxes and plenty of secrecy. There is also no regulation of financial institutions.

Does that sound suspicious to you?

[cavern]

any new news regarding this PIPC located in makati?

[green_tea]

Yup.. I did invest in PIPC a few months after I made that post last year... And I'm very satisfied making 65-80k every 60 days... They have 2 kinds of investment, I took the one where in you're investment is secured (meaning, you will never lose your capital, but you only get 60% of the profits during the trading period)..

Minimum investment is 20k US Dollars...

Wanna learn how? I can ask them to set up an appointment with you.. pm me...

[clone19]

at that rate, you don't have to work na noh? unless of course if you fancy buying a new 100k LV bag every other month. hehe....

[green_tea]

I can choose not to work anymore, but I'm still helping out sa family biz... The only bad part is the exchange rate, I invested my money when it was still PhP50.00 - $1.00USD, but still, panalo parin... nabawi na yung difference..

[cavern]

its amazing that this thread is still alive after 2 years. Lately my friends were telling me regarding this PIPC. I checked the net and found almost nothing about the firm. My friend has been with them for more than 2 years. ok naman and regular payout.my worry is whether this firm is legit or not. incorporated in 1999.head office in japan. are you investing directly to PIPC or thru a broker? sabi ng friend ko, more or less the annual yield is 12 to 15%. agree?

[green_tea]

its amazing that this thread is still alive after 2 years. Lately my friends were telling me regarding this PIPC. I checked the net and found almost nothing about the firm. My friend has been with them for more than 2 years. ok naman and regular payout.my worry is whether this firm is legit or not. incorporated in 1999.head office in japan. are you investing directly to PIPC or thru a broker? sabi ng friend ko, more or less the annual yield is 12 to 15%. agree?

I invested through Baron Group, an insurance and wealth management broker.. I'm very satisfied with the results.. Profit can range from 11 to 16% depends on which exchange rate/ currency you decide to invest on..

The company is legit, being represented by the Baron group locally, to provide the marketing and sales of PIPC's product...

What's nice about this company is that the Sinagporean owner of PIPC sometimes vist the office here in Manila..

Is your friend satisfied with the results as well? This year, they lowered their trading charges to 50%, meaning you can earn more by up to 10% of your net trading income per cycle (60 days)..

ANG GALING!!!!!

Thier website hasnt been updated for 9 months.. I dunno whats wrong with the site.. But I did my background check, and they are registered with SEC... You may also verify with AB-AMRO regarding the compay's finantial status...

[green_tea]

Correction, the trading office is in the British Islands and the funds (your investment) is secured (in a time deposit) in ABN-AMRO Japan... So, you'll never have to worry about losing your investment.. The earnings in the time deposit will cover the trading losses (in the event that the trading goes below 30% of the capital..) <-- hindi naman nangyayari eto.. basta worst secenaro is that you only get your money back.. You get paid pa in Dollars $$$$$

[Naruto Kun]

How much is the minimum investment? Minimum holding period? Where is the office address? any contact numbers? I'd like to investigate this one. Thanks.

[norieb]

^ I tried to google the site. The company is non-existent. Makes me wonder if it's a legit company or worse a scam trying to victimize poor ignorant and gullible Filipinos.

Legit companies have their own website complete with financial data such as address, CEO's or officer, PE, debt to equity, book value, etc.

[cavern]

My friend who has invested also thru Baron for the past 2 years is quite happy with the returns. He invested in a mix of the 60-40% and also the 80-20% where u can loose a maximum of 30% of your capital. He is happy with both since the trading are the same for both. so if you make money in the 60-40, you will even make more money in the 80-20. He even went to the extent of withdrawing his money out, just to check. And he did get it. PIPC uses a lot of bank, standard chartered, Abm-amro, etc. mostly based in Hong Kong. Green tea, were you able to check this PIPC with ABN-AMRO ? Or what makes you so certain that this PIPC is not a scam. I know Baron is legit here but what about PIPC?

[knn]

My friend invested there for 5 years and she said returns were good but she is with the Wine Fund now.

[cavern]

hi Knn,
what is a wine fund and i presume the returns are better that is why your friend transfered?

[doc pio]

PIPC has been recommended to me by two unrelated group of friends and one business associate. It seems to be an international company dealing in a number of instruments, but in the Phil., they deal with forex. I am just trying to find free time to invest in this company, and if anyone has hears any bad press about it, please post it soon!

[knn]

hi Knn,
what is a wine fund and i presume the returns are better that is why your friend transfered?

Wine fund invests in top of the line wineries in France (wines for the elite).
Theres two wine fund I know of, one is offered by Societe Capital of Societe Genereal and another offered by mismo the winery.

Minimum investment of wine fund is USD100,000.00. Sabi ng friend ko, she gets at least 5% interest monthly kasi malapit na harvest.

Actually, I don't understand Wine Fund also and a 68% return p.a. last year with low risk "daw" is scary. I dunno. It might be my loss but I can sleep better with investments I am familiar with.

[knn]

PIPC has been recommended to me by two unrelated group of friends and one business associate. It seems to be an international company dealing in a number of instruments, but in the Phil., they deal with forex. I am just trying to find free time to invest in this company, and if anyone has hears any bad press about it, please post it soon!

Its owned by Singaporeans and based in Japan. They give you monthly statements (parang bank statement). Again, my friend (not me) earned a lot there!! Pang Europe lang nya yun earnings nya. If you wanna withdraw your money, you have to inform them 3 months in advance ata (not so sure about this).

Minimum investment is P2Million.

Better to place with Mutual funds offered by various banks. Ok rin naman returns e.

[pinoysamars]

They are not registered in the Philippines because no forex trading company can operate and be registered as a corporation in the Philippines. Don't know what the exact reason is, but all I know is that it is just not allowed.

Also being an offshore company saves them a lot of taxes, which translates to higher returns for their investors.

PIPC was an offshoot of PFEC, another forex company. Both have been operating for several years now. I am not connected in either company. I know this because my cousin used to work for PFEC two years ago.

Some related discussions are in this forum:

PIPC: http://www.pinoymoneytalk.com/forum/...p?topic=5936.0
PFEC: http://www.pinoymoneytalk.com/forum/...p?topic=3398.0