Legitimacy of MALGUS
Join Date: Apr 1998
Location: 18m N of LGW
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Correction AVCP. The figures on page one are correct until the following was established.
The figure is 470 people putting in £147. £47 of which go to Malgus for "expenses" and such. A course at BaE has been confirmed as £47k - hence a requirement for 470 people.
I find I am deeply in suspect that their bank would utter such comments. It will require a guarantee by their bank that all refunds will be met - nothing less. I'll guarantee though, that if there are no funds, or insufficient monies to effect refunds, the bank will NOT refund anything.
Make up your own minds. Getting matters 'clear' by e-mail is non-conclusive and a bad idea, and since PPRuNe likes to offer support for it's wannabes, it think it also likes to see it in the open.
The figure is 470 people putting in £147. £47 of which go to Malgus for "expenses" and such. A course at BaE has been confirmed as £47k - hence a requirement for 470 people.
I find I am deeply in suspect that their bank would utter such comments. It will require a guarantee by their bank that all refunds will be met - nothing less. I'll guarantee though, that if there are no funds, or insufficient monies to effect refunds, the bank will NOT refund anything.
Make up your own minds. Getting matters 'clear' by e-mail is non-conclusive and a bad idea, and since PPRuNe likes to offer support for it's wannabes, it think it also likes to see it in the open.
Join Date: Sep 1999
Location: In the skies of sunny uk
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In reply to the earlier msg from the Guvnor...GAPAN!!! now they are a legit organisation...one for which most people would give an arm and a leg for.The whole Malgus thing seems very suspect...i mean, i have grown up in aviation my whole life..and now as a young budding pilot, with ppl lookin for "the big job"...malgus does look tempting....but for £147....with all the current doubts, it doesnt seem as attractive. i know that at present GAPAN arent lokin for new people for their sponsorship, coz i applied, was turned down because i was a month to young...however..there is always next year everybody! which, may be better in because the airline business will hopefully have picked up by then...although nothing in life is garunteed.
i am still unsure of waht to do... i can hardly afford to spend £50000 odd on training, but then again can u afford to lose 147quid which could be better spent!
(someone by the way asked earlier if those people in flying start flop got their money back...yes i did...i i remeber rightly they sent the cheque back..)
also the fact that they will not admitt everything in the open (malgus) is suspicious...maybe co its a fraud...or did anyone consider the possibility that they are legit and maybe because this is such a good offer people are bound to think that its toooo good to be true, and that may be why....still suspect, yet a posibility.
i for one would ove to spend £147 and get an ATPL course...who wouldnt?? its a gamble....but, how much better chance have u got in winning the lotery if u spend £147..and millions of people play that, id say u have a much better chance out of 6000 applicants!..so maybe ill give it a try...
i am still unsure of waht to do... i can hardly afford to spend £50000 odd on training, but then again can u afford to lose 147quid which could be better spent!
(someone by the way asked earlier if those people in flying start flop got their money back...yes i did...i i remeber rightly they sent the cheque back..)
also the fact that they will not admitt everything in the open (malgus) is suspicious...maybe co its a fraud...or did anyone consider the possibility that they are legit and maybe because this is such a good offer people are bound to think that its toooo good to be true, and that may be why....still suspect, yet a posibility.
i for one would ove to spend £147 and get an ATPL course...who wouldnt?? its a gamble....but, how much better chance have u got in winning the lotery if u spend £147..and millions of people play that, id say u have a much better chance out of 6000 applicants!..so maybe ill give it a try...
Join Date: Dec 1997
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Can I just point out that if ONE THIRD of the registered PPRuNe Members contributed £20 per year, the PPRuNe Fund could train 6 canidates up to their ATPL EVERY YEAR
No risk, No scam, no problem.
It's worth a thought.
H
No risk, No scam, no problem.
It's worth a thought.
H
Join Date: Apr 1998
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It is a thought Ham, and a good one, and I would do it if I thought it had a chance. I am copying here the post I put on the other Malgus thread.
Having said that there is something I am working on and I will see what can be done with it.
More to come on that in due course. Maybe!
Errrrrrr! Just a minute. I would be very happy to see one third of PPRuNer's put in £20 but that is just dreamin'. It wouldn't happen.
The fund stands at around £4600 at the minute and that has taken a long time to accumulate, and I am here to tell you that I have worked hard to get even small amounts of money in, let alone 10,000 people putting £20 each. They would run a mile! Even further. Especially in today's circumstances.
It would pay for sponsorships but that's where the similarity ends I am afraid.
However, who knows? I am still working at it and I will get more cash coming in - eventually. I still have 470 TSR2 prints, and even badges are not selling as they did.
But rest assured I will not give up.
The fund stands at around £4600 at the minute and that has taken a long time to accumulate, and I am here to tell you that I have worked hard to get even small amounts of money in, let alone 10,000 people putting £20 each. They would run a mile! Even further. Especially in today's circumstances.
It would pay for sponsorships but that's where the similarity ends I am afraid.
However, who knows? I am still working at it and I will get more cash coming in - eventually. I still have 470 TSR2 prints, and even badges are not selling as they did.
But rest assured I will not give up.
Having said that there is something I am working on and I will see what can be done with it.
More to come on that in due course. Maybe!
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Join Date: Jun 2001
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I have been doing a load of research the last few days about Malgus. I have been in touch with Trading Standards and Scottish Enterprise in the last few days (sorry Malgus but have to be certain before handing over my money).
The posts by Malgus towards the top of this page concerns me! Not the bit about the bank and the money but the bit about "we ARE supported by Scottish Enterprise..." I have been talking to people at S.E. including the project managers for Malgus at SE. They have said to me several times that "We do not SUPPORT malgus or offer any kind of security. We have simply offered business advise". They say that they have not even provided any money for IT hardware or personnel as someone earlier suggested. They have done a director search for me and say that there is not connection with the Take Flight scheme and the malgus directors. They are doing more research for me. I wil keep you posted.
Trading standards could not help too much. They cannot research too much when just one or two people get in touch with them about a certain Company. They did say however that the only way to have any guarenteed comeback on your money would be to pay by credit card. If the Malgus couldn't or didn't return the money then the card insurance *should* pay up on grounds of "breach of contract".
If it interests anyone I think I have decided to not pay up this time.this time I am going to wait. If they are legit then they will probably have enough people to put at least one person through. If they run it again after this then I (along with lots of others I think) will apply!
I will keep you informed of any developments in my research...
The Graduate
PS Some of you are not being very clever with what M.A.L.G.U.S. stands for. Do you have nothing better to do with your time??
I think it is more likely from the names of the directors maybe??? But then I may be wrong.... but their names are MALcolm and AnGUSGUSMAL
The posts by Malgus towards the top of this page concerns me! Not the bit about the bank and the money but the bit about "we ARE supported by Scottish Enterprise..." I have been talking to people at S.E. including the project managers for Malgus at SE. They have said to me several times that "We do not SUPPORT malgus or offer any kind of security. We have simply offered business advise". They say that they have not even provided any money for IT hardware or personnel as someone earlier suggested. They have done a director search for me and say that there is not connection with the Take Flight scheme and the malgus directors. They are doing more research for me. I wil keep you posted.
Trading standards could not help too much. They cannot research too much when just one or two people get in touch with them about a certain Company. They did say however that the only way to have any guarenteed comeback on your money would be to pay by credit card. If the Malgus couldn't or didn't return the money then the card insurance *should* pay up on grounds of "breach of contract".
If it interests anyone I think I have decided to not pay up this time.this time I am going to wait. If they are legit then they will probably have enough people to put at least one person through. If they run it again after this then I (along with lots of others I think) will apply!
I will keep you informed of any developments in my research...
The Graduate
PS Some of you are not being very clever with what M.A.L.G.U.S. stands for. Do you have nothing better to do with your time??
I think it is more likely from the names of the directors maybe??? But then I may be wrong.... but their names are MALcolm and AnGUSGUSMAL
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The Graduate - thanks for confirming what I reported earlier re Scottish Enterprise.
I understand that WWW is trying to establish their current status and will hopefully report back soon; and I also heard on Friday - actually from one of the SE people - that Strathclyde's finest were paying them a visit.
I understand that WWW is trying to establish their current status and will hopefully report back soon; and I also heard on Friday - actually from one of the SE people - that Strathclyde's finest were paying them a visit.
Malgus are returning all cheques received and hope to re-launch the scheme next year.
WWW
WWW