QUOTE(AppleForMyLife91 @ Oct 3 2012, 02:37 PM)
Genneva is not scam company la...dunno why they get raid by BNM, my bro say dunno this time is how many times they get raid ady...
If happen in Malaysia only, can give some breather la, coz you know our country good *AHEM* regulation and policy...raid 10 times also not kena. Have a cow farm, can buy super bungalow also no problem.
But if this raid also happen in Singapore.. I tell you. Singapore will nail you down, drill screws into the your core, until they shutdown. Singapore have a tough audit checks and they scrutinized every details before answer the public and decide this is a flaw... Remember Sunshine Empire story?
Either way, people will start losing faith on Genneva, and ppl will start asking back for money. That's where the burst is gonna start. If Malaysia gomen wanna help out, they will soft-landed this issue, so no one need to jump down from high building each day coz i know all those aunty uncle really use their life savings on this. pitty them.
I been approached by Genneva agent before. They keep pushing me to buy, until they tell me how to can i make use bank personal loan facility to earn money by their Genneva products. Personal loan lowest now is about 9% per annum ( if you loan > 50K above ), but genneva gives you 2% per month, which makes 24% per annum return. So 24 - 9 % = 15%, i can still untung a lot, they said.
Where is your ethics and integrity, dey??! Please la...
This post has been edited by dave185: Oct 3 2012, 02:06 PM