does anyone have a physical address for BIPS? or a physical address for Kris where he might be visited? 

We are getting together a group of people who have lost money as a result of this scheme.  Please get in touch if you have lost bitcoins in this scam.  Curiously we have a number of US holders - can't think it would be ideal for Kris if it were reported to the US authorities that he had breached US law by for example offering securities to US persons without being registered with the SEC.  Orange jumpsuit, perp walk and dungeon time for him. 

I don't see how there can be any future for Kris or BIPS in the bitcoin community.    There should be a blacklist on which we list people who take people's bitcoins and fail to show their face afterwards.  Shall we leave it to private enterprise to organise such a blacklist?  Or would the bitcoin.org guys like to add a page on which we list these sorts of people so people can check it?