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 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

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learn2earn8
post Oct 3 2012, 01:57 AM

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Joined: Nov 2011


its best u stop right there, remember those pro-genneva forumers says wink.gif
this forum is full of crap, spewing nonsense, but yet still they cum to contribute their share of nonsense too doh.gif
better stick to black & white things that they can understand, see & touch nod.gif
they ask us read inside of the star papers, yet they themselves did not read it tongue.gif
all this 'grey area matter' will invite flame war, cheers & thanks for sharing icon_rolleyes.gif

quoted : All posts in this forum doesn't tell me anything, just wild guess, rumour mongering, tale bearing, teh tarik talk! Just all that kind of low level thinking. No facts, no figures, cos all never bother to do homework, check out the company, go to their gold talks etc..... even calculation is wrong

yet they dun bother to spent RM80 to check out the company shakehead.gif claiming he knows everything and even have the nerve to ask me what is the definition of derivatives cool2.gif at this stage, he is a victim and I understand he is frust seeing his wet dreams in flames, flame it on guys!

QUOTE(aronteh @ Oct 3 2012, 01:39 AM)
I have his IC No and photograph also. But how does it help you?
I not going to put such info in public forum. I don't want to become an endangered species  sweat.gif You know want I mean.
Unless you have some powerful connection.
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learn2earn8
post Oct 4 2012, 12:47 AM

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Joined: Nov 2011


I have to salute celicaizpower thumbup.gif he so stubborn say he not scamming others to invest in his 'guarantee' scheme
but there is no consistency in profit for high risk stake gambling, managing loss is part and parcel of the game brows.gif
anyway, he got more guts and balls keeping to his 'quicksand ground' than those genneva management nod.gif
they need to hire celicaizpower as PR director rclxms.gif

look at all those genneva deluded souls shakehead.gif
http://www.facebook.com/GennevaWorld
till todate, no one from the top has spoken out nor even stand up for them, not even their punjabi lawyer cum out to giv reassuring statements laugh.gif
I bet everyone would be laughing at this tense moment after looking at his face, if celicaizpower was genneva PR director

ok, since we're all adults here, I believe we can smell ponzi or non ponzi stuff, we leave zack with his own siggy smile.gif he also need to cari makan
anyone fall for it, then caveat emptor lah... eg. those in genneva still are deluded, its all KAPUT liao, learn to live with it and move on whistling.gif
btw lets giv celicaizpower a break la, his entire history and even tel no. is displayed for the whole world to see along with his hobby shocking.gif
but he better dun spread his advertisement in genneva thread or another round of gang-bang will cum biggrin.gif

learn2earn8
post Oct 4 2012, 01:34 AM

On my way
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Joined: Nov 2011


gee... my england mus be extremely bad sad.gif
anyway, how cum no investors take the trouble to find out wat happen to genneva part 1, 2 & 3
some more, all complain all same stories, money for tiution and medical all stuck, are they reading from the same CONsultant script brows.gif
http://forums.hardwarezone.com.sg/money-mi...3861300-42.html

I know can't laugh but the situation reminded me of a time many moons ago before a condo project kena abandon cry.gif
as the project got delayed, the management started sending out letters that they will pay LAD
they claim that cost of raw material high, cannot find workers & etc. they say no worries & blah blah
the letter unsigned and stated 'from the management', most likely mus be the same punjabi lawyer advising them to scam again vmad.gif

QUOTE(celicaizpower @ Oct 4 2012, 01:25 AM)
I shall take this as a compliment. Thanks Bro  thumbup.gif

I too agree with you, Genneva should put a face through times like this so that their customers/investors are protected or at least feel like the company is helping them.

Besides the above I heard from my friend (A Genneva Agent) a few things today about Genneva..

1. They are going to call BNM hotline and bug the crap out of them for this case number 1300885465 in hopes that BNM will expedite the investigation.

2. A rally to protest the seizure of Genneva.

I think no 1 is already happening and no 2 is going to happen with in the next 2 weeks.
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learn2earn8
post Oct 4 2012, 03:29 PM

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if u care to read the last few pages, we had given ample warning nod.gif
heck! even their facebook site & hardware zone gave warning brows.gif
do u know how they treated our warnings when we blog with them, they called us names using human anatomy doh.gif

when we ask to focus on the unsustainability of its business aspect blink.gif
the pro-genneva defenders ask us to focus on legal technicalities, as advised by that punjabi lawyer shakehead.gif
at least he got the courtesy so bid us farewell, coz he knows his retirement is paid for, thanks to 60k giraffes laugh.gif

QUOTE(DarkForXe @ Oct 4 2012, 03:17 PM)
those who know actual victims, particularly those who invested their whole savings; its time for you to realize they are probably in their worst time of their life, please try to help them or at least talk to them.

Just look at Madoff's case.
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http://thestar.com.my/news/story.asp?file=...1008&sec=nation
MCA Public Services and Complaints Department chief Datuk Seri Michael Chong said he almost invested in Genneva Malaysia Sdn Bhd too.

He said he was having bak kut teh with two friends two months ago when one of them told him about the gold trading scheme.

“He said he heard about it from another friend. It sounded like a good deal and I was very excited,” said Chong in an interview.

However, the friend who recommended the scheme later changed his mind.

“He said the deal sounds too good to be true and told us to hold onto our money,” said Chong.

He hoped people would be careful before investing in similar schemes.

“The more returns they promise, the more careful you should be,” he said.

“I think I should also thank my wife who is the one controlling my money.”
learn2earn8
post Oct 4 2012, 04:13 PM

On my way
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Joined: Nov 2011


that punjabi lawyer has advised tuan to perfected his scheme, after learning lessons from genneva part 1, 2 & 3
the punjabi lawyer commission from RM5billion should be good money flex.gif
the chicken feed from RM41mill from genneva part3 was just appetizers
look at all his money quote, he expected SHTF and business running on a non-going concern concept tongue.gif

those giraffes answer is in the court case that has been in coma since year 2007. yes, wait until neck long-long

QUOTE(Anonymous me @ Sep 19 2012, 09:17 AM)
Genneva has designed and packaged their products so well that Bank Negara cannot prosecute them outright.  Precisely. No laws broken, what to prosecute?

My boss suggested this offer to me, so I have their consensous. We'll continue with this offer and gauge the response. if there is no response, we shall end this. Therefore, there is a timeline to this. It does not go on forever.
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opening a branch overseas and konon no 'checking' system in place doh.gif but, they expected SHTF, so those giraffes lose either ways if dun transfer contract. is genneva world pte ltd still operating or not yet finish their con job

QUOTE(Anonymous me @ Sep 21 2012, 03:43 PM)
The management there at Gen Sg has failed miserably and did not live up to the high expectations and standards of the Genneva brand!

So, I sincerely urge existing Gen Sg customers to take up Genneva World Pte Ltd's offer to transfer your contract to them. If you transfer your contract to Asia Pacific Bullion or other goldcos, you will stand to lose quite substantially. Sell the gold in open market, you will lose also. Transfer the contract now to Gen World before it is too late.

Genneva World Pte Ltd is fully backed by Genneva Malaysia. And with new systems in placed, Gen Sg's saga will not happen again.
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punjabi lawyer says 60k giraffes r smart and no one forced them to buy in first place thumbup.gif

QUOTE(Anonymous me @ Sep 22 2012, 01:43 AM)
Why am I clearly on the losing side? What did I stand to lose?

Next victim? Whatever happens I still have my gold bars.


Added on September 22, 2012, 1:44 am

Since till now no one has presented anything to prove:
1) That any Genneva Malaysia agent has cheated any client
2) That Genneva Malaysia has defaulted on any hibah or buy back payment

the offer will expire at 0600 hrs on 22 Sept 2012.

Goes to show everyone here pays only lip service ......... bunch of liars with nothing to do but to spread rumours .........


Added on September 22, 2012, 1:49 am

Why am I on the losing side? You are the judge? What is your criteria?

Why am I the next victim? How do you know? I am happily holding onto my free gold. I have earned enough hibah to recover 100% of my initial payment, so the gold bars that I have now are all all free. I am holding onto them for further hibah.

I am also waiting for further rise in gold price.

As far as I am concerned, the sky is always clear and not cloudy. Is it overcast at your end?

Well said - YOUR money, YOUR decision. come with peace leave in peace. No one forces anyone to buy.

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HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA cool2.gif
we are NOT whining icon_idea.gif

QUOTE(Anonymous me @ Sep 23 2012, 10:43 PM)
To satisfy Eddy's claim of "mistresses" ("mistresses" who bought lots of gold from Gen My), pls ask your friend to go ahead make a police report, scan and post here. I will investigate. If proven true, you friend will get 1kg 999.9 gold bar absolutely free. You friend will also get 5% hibah back dated from the day he signed the contract.

This offer to your friend expires September 26, 2012 at 6 am Malaysia time.


Added on September 23, 2012, 10:47 pm

Pls follow Eddy's advice. Pls ask your friend to make a police report, scan and post here for all to see.

Wonder why no one actually made any police report? Too lazy or don't trust the police or nothing to report about Gen My? Lots of air, no action. NATO.
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QUOTE(Anonymous me @ Sep 24 2012, 01:01 PM)
Your money, your decision. Stop whinning.
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QUOTE(Anonymous me @ Sep 24 2012, 06:27 PM)
A matter of fact or just your conjecture I will disappear?
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enjoy your holidays in dubai and remember sent some photos with the shirt, 'wish you were here!'

QUOTE(Anonymous me @ Sep 26 2012, 05:38 PM)
This is my last post here. I am leaving this lame forum and going back to Uncle Martin's blog, because nothing new here, same old vinyl records, same old songs by same few singers being replayed over and over again. Boring and lame people who knows nothing but to KPKB.

Bye.
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also must mention his academy award best supporting actor for constructing sentences with human anatomy rclxms.gif
his job was to keep the 60k giraffe off focus and he did a good job, remember sent us postcard of your vacation too

QUOTE(Arielnagrath @ Sep 14 2012, 08:39 PM)
this is also why Genneva Malaysia is so popular at the mo i believe....its safer than buying RM20k worth of shares in a volatile market...or, where can u find property for the price of 100gms of Gold as a means of investment?.

the basis of my input here at the moment is really to understand that Genneva Malaysia does not seem to be contravening any laws at the moment....as far as i would opine that is....if im not mistaken, even the charge under the BAFIA has already been knocked out with regards to Genneva Sdn.Bhd.....only the AT&ML charges are set for trial...and if they had ever collected more than RM10k cash in any transaction, only then the anti money laundering act would come into play i believe...as for now, nothing has been proven....

as for those of you peeps who have complained of this as a scam, maybe u can pls enlighten all of us here as to steps taken to support your contention that this is a scam, if u have been affected...? have u made official complaints to BNM?...have u lodged police reports?...those of you who have complained here, seem to be talking abt Genneva Sdn.Bhd. & not Genneva Malaysia Sdn.Bhd. as far as i have read here...both are separate and dsitinct entities as far as the law is concerned....
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QUOTE(Arielnagrath @ Sep 14 2012, 11:09 PM)
Which is why to circumvent that, Genneva Malaysia Sdn.Bhd. uses the Al-Bai principle under Syariah law as an outright purchase of gold from them, whereby the payouts per month termed as 'hibah' is considered permissible under Syariah laws....the hibah is merely an added attraction to lure purchases....

Also....how is it illegal deposit taking when Genneva Malaysia actually executes outright S&P agreements and handsover the gold to you?....they r not collecting a deposit....they receive a purchase payment and in consideration of the purchase they give u the gold....in addition they pay u hibah....and as i mentioned, they can under Syariah principles...so really........where is the illegality?

I think the pertinent q should be :- can a non-financial insitution practice this form/method of trading?....if it is obvious that they cannot do so, then Genneva Malaysia shouldnt be still trading.....which at the mo, they seem to be trading fine....

For a healthy discussion, u need to put fwd facts.... not emotions & personal remarks that sound like you're so dead on bitter with Genneva for some reason best known to u...im here to merely discuss the legality of Genneva Malaysia's trading within the purview of our laws, not Singapore's....and if i were a boss as u have assumed, id b too rich & will tell u all to go shove your sorry asses somewhere people would care...
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QUOTE(Arielnagrath @ Sep 15 2012, 09:16 AM)
Hi anonymous me,

To an extent i do agree that there are a lot of unsupported & inconsistent posts here with regards to Genneva.....but maybe u could give us a proper depth on Genneva & how it works, ....im sure a detailed explanation on its mechanism could eliminate a lot of negative perception from the general public & for us here.....

Thanx in advance
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QUOTE(Arielnagrath @ Sep 15 2012, 01:19 PM)
i just read somewhere along below abt some explanations on the Syariah principles and thats what im really looking for, not unsubstantiated allegations and contentions from you and most of the other posts here.....sometimes, in most cases, newspaper articles also arent exactly the 'whole truth' and 'nothing but the truth'....

hey there learn2learn.....

looks like u havent got my point....firstly who the hell is this Pat Lu person that u keep referring to just like the rest of them here in previous other posts & pages...im not at all acquainted with Pat Lu....

read what i have posted properly b4 making unfounded assumptions that im here to 'defend' Genneva Malaysia....im NOT here to defend Genneva just because i am currently a purchaser of Gold from Genneva....im here to understand how is it that Genneva Malaysia operates within our legal framework....and im surely NOT here to rebut your so called (unsupported) 'points' one by one....i dont work for Genneva....& if u think this is a fishing expedition, by all means pls dont part take in this....as i dont find u of any help....   

pls add something more constructive than copy-paste comments in a freight train fashion...
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learn2earn8
post Oct 11 2012, 03:34 PM

On my way
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Joined: Nov 2011


condolences and takziah to the victims sad.gif

QUOTE(arubin @ Oct 11 2012, 02:56 PM)
Reported, there have been suicide attempts already. Sad, really...
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face up to facts fast and since its well planned scheme, most likely can't recover much
pool your resources together, as how u did agst bnm on fb. get lawyers and march to those fellas house
ALSO do march on a sunday, so less traffic jam. 60k giraffes and their kawan2 will sure cause trafik jam smile.gif

QUOTE(EddyLB @ Jul 4 2012, 08:26 PM)
For those who are interested, the names of directors and shareholders :

Genneva Sdn Bhd (under BNM investigation for Bafia)

Directors
1. MARCUS YEE YUEN SENG
2. CHIN WAI LEONG
3. NG POH WENG
4. NG WAN YEE
5. AHMAD KHAIRUDDIN BIN ILIAS

Shareholders
1. MARCUS YEE YUEN SENG  RM750,000 25%
2. CHIN WAI LEONG  RM750,000 25%
3. NG POH WENG  RM750,000 25%
4. NG WAN YEE  RM750,000 25%
Genneva Malaysia Sdn Bhd

Directors
1. AHMAD KHAIRUDDIN BIN ILIAS
2. PHILIP LIM JIT MENG
3. TAN LIANG KEAT
4. MOHD AZMI BIN ABD AZIZ

Shareholders
1. ZAILAND BIN BAHARUDIN  RM10,000 20%
2. SITI NOREHAN BINTI MOHD NOOR  RM40,000 80%
Note : ROC report date 25-6-2012
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those poor souls, all they did was 'preserving values and leaving a legacy' to the above fellas doh.gif
genneva 1 & 2, they got millions. with genneva 3, they get billions. can't wait for genneva 4, izit call genneva world
http://www.theborneopost.com/2012/10/09/genneva-gold/

discovered that these companies are operating schemes that are believed to be not sustainable to provide the promised high monthly returns, nor would they be able to provide the buy back guarantee of gold.

“The returns promised are not funded through gold trading, but from the monies invested into such schemes,”

http://thestar.com.my/news/story.asp?file=...6728&sec=nation

too bad I can no longer debate with those pro genneva forumers. when they set up genneva 4, pls come back here & debate. adios and enjoy your ill-gotten wealth tongue.gif especially to punjabi lawyer (anon me) & his sidekick ariel laugh.gif
Attached Image

learn2earn8
post Oct 11 2012, 03:54 PM

On my way
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those poor victims who dump in their life savings and depends on genneva, may God bless you nod.gif

those rich ex-bnm officer & etc who bough genneva, well then, use your spare change in pocket and get more info from those senior CONsultants. demand to know how long are the directors gonna hide behind their 14 days own silence rules.
also how come the senior general manager did not do bfm interview and how come must be the CONsultants again to pay for all those 'love and support genneva banners' doh.gif

if u dunno how to get more info to organise march and u did not laugh at my earlier RM80 ssm suggestion. (by not filing their accounts, means SHIT is building up). anyway, its now SHTF, better go over to singa land and extract info asap. in meantime, get your family members to curi pintu dan tingkap di jln kuchai lama, FASTER salvage whatever u can brows.gif

https://www.psi.gov.sg/NASApp/tmf/TMFServle...nkCoStName=EAST

https://www.psi.gov.sg/NASApp/tmf/TMFServle...egisteredEntity

http://www.bizfile.gov.sg/mybizfile/prod/i..._cowithcert.pdf
learn2earn8
post Oct 11 2012, 04:43 PM

On my way
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Joined: Nov 2011


the only way for us to find out is to join genneva 4. then we cash out after 2 years to enjoy the hot HEEEBAAH icon_idea.gif
otherwise, we can find other genneva HEEEBAAH hot chicks here or here. lookie! there are so many to choose drool.gif
http://www.facebook.com/media/set/?set=a.3...63384286&type=1
http://www.facebook.com/media/set/?set=a.2...32608085&type=1

I wonder can they draw those cute bear pictures while writing 'hidup geneva across the front of my seluar' wub.gif
where's to sign application from? I wan my eye pad too, its so useful after loads of tears and much crying brows.gif
http://www.facebook.com/photo.php?fbid=382...&type=1&theater

Attached Image
they need my moolah to preserve values and leaving a legacy for
1. MARCUS YEE YUEN SENG
2. CHIN WAI LEONG
3. NG POH WENG
4. NG WAN YEE
5. AHMAD KHAIRUDDIN BIN ILIAS
6. PHILIP LIM JIT MENG
7. TAN LIANG KEAT
8. MOHD AZMI BIN ABD AZIZ
9. ZAILAND BIN BAHARUDIN
10. SITI NOREHAN BINTI MOHD NOOR
LONG LIVE THE HEEEBAAH HOT CHICKS biggrin.gif & MORE PICS PLEASE, WITH BETTER PIXEL TOO, TERIMA KASIH GENNEVA

QUOTE(merce @ Oct 11 2012, 04:15 PM)
i hope the chick in the pic is not Ariel, she looks hot...  blush.gif

or was it the bad pixel image?  tongue.gif
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learn2earn8
post Oct 11 2012, 04:57 PM

On my way
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Joined: Nov 2011


I am Genneva supporter, after I sign application form and get eye pad, I wil post foto in front of umno propaganda ofis
that is, after the HEEEBAAH HOT CHICKS draw those cute bear pictures while writing 'hidup geneva across the front of my seluar' wub.gif the reason I wil dump in all my life saving is because the punjabi lawyer good at talking until I see no $

QUOTE(lunchtime @ Oct 11 2012, 04:50 PM)
Comedy show of the month - Genneva Supporters, today into its 11th day.  brows.gif
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wait till you see the 15th day, then those CONsultant, family members, investors, purchasers will get the SYIOK of their life. they pay RM5billion for a ponzi scheme flex.gif those directors, chairman will show them what its worth brows.gif

This post has been edited by learn2earn8: Oct 11 2012, 04:59 PM

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