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 Genneva Malaysia ?, ponzi scheme ?

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500Kmission
post Apr 9 2011, 11:51 AM

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so which is truth? interest per year is 12% or 24%? when will you receive the gold? why do the company need to take a long period to have a gold?
500Kmission
post Apr 9 2011, 02:25 PM

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QUOTE(Empathy @ Apr 9 2011, 02:15 PM)
Current divident is 2 percent per month . You will get the gold bar once you sign up as investor . Minimum investment is 50 gram gold bar . But I'm skeptical about the gold bar being 99 percent pure or fake ?

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According to u stated before, your friend have invested it, then your friend shd have the gold already, right? why dont u ask your friend take the gold to check?
500Kmission
post Apr 12 2011, 01:03 AM

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QUOTE(Empathy @ Apr 10 2011, 03:09 AM)
minimum investment is 50 gram gold bar which is around rm 8,500 at the current gold price ...

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Added on April 10, 2011, 3:10 am
Thank You so much for the info ...
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empathy,

If you have find the answer from the bank negara, pls let us know the information.

thank you
500Kmission
post Apr 12 2011, 05:40 PM

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QUOTE(MNet @ Apr 12 2011, 01:32 PM)
yes i doin it now

take personal loan to invest
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say the truth. are u really borrow the personal loan to invest genneva gold? If yes, pls give us the following answer,
1. what is the rate that u borrow?
2. how much you invest?
3. what is the process for this investment?
4. have u check the gold is real or not?
5. did the gold at current price really worth the price that u invest?


Added on April 12, 2011, 6:55 pm
QUOTE(pubmut @ Apr 12 2011, 11:25 AM)
Here's something I dug out. Read the ensuing commentaries - it's fun, vulgar and enlightening - something you'd get out of reading tabloids!

GMSB under the microscope

All I can surmise is that GMSB buys raw gold in bulk, produces them bars and sells them at below market spot prices. The commentaries will give you some info on the mechanics of trading.

Hope this helps.
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which side do you believe or agree with?

This post has been edited by 500Kmission: Apr 12 2011, 06:55 PM

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