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 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

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transform
post Sep 20 2012, 03:14 PM

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QUOTE(PatEagle @ Sep 20 2012, 08:28 AM)
Why is that anyone's concern? You are not "investing" in Genneva Malaysia Sdn Bhd. You buy PHYSICAL GOLD and you hold the gold in hand, similar to buying physical gold from other goldsmith shops. So why bother about the company's paid up capital?
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What if you (Genneva SG) are in Financial difficulty and owe your friends alot of money. And your parent (Genneva MY) is SO-CALLED doing very well (Rich in $$$$$$$$) knowing that YOU are in cash flow problem and refuses to help you. Just let your NAME rot and YOU carry the same SUR NAME. This kind of parent only know how to think for himself only sooner or later will get into problem and YOU will also forgo them.
transform
post Sep 21 2012, 02:20 PM

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QUOTE(cybermaster98 @ Sep 21 2012, 10:23 AM)
Yes top class area. Beats even Bukit Tunku, TTDI and Bangsar. Definitely suited for those who earn RM30K per month. I think Vincent Tan should move here instead of staying at Seputeh.  biggrin.gif
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From the model of the Business platform MLM.
Earning gain from the Old folks Hard earn money (Luring GREED) HOW TO BE PROUD.
SG already down it's a SIGN............
BE WARN BEFORE IT'S TOO LATE
transform
post Sep 23 2012, 09:13 PM

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QUOTE(smartpoint @ Sep 23 2012, 08:29 PM)
Hey! Anonymous me...I just want to know when Genneva Malaysia can give gold bar to investor(my friend)?? Already wait for a month still didn't received the gold bar !
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100 customers sharing 30 Gold bars. So you will be holding on to the Gold bar only 30% of your contract time.
Sell back need to wait for more than 6 months before you can see your Money. If new sale is slow maybe longer.
This is how they make MONEY.
transform
post Sep 25 2012, 02:51 PM

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QUOTE(scorpio55 @ Sep 25 2012, 02:30 PM)
Does Genneva investors expect Genneva to defend any lawsuit? Their business model is founded on quicksand and is a con job and scam through and through, so why should they bother to defend any lawsuit? At the first sign of trouble, they will pack up and RUN, WITH ALL THE GOLD AND THE MONEY, OF COURSE!! These crooks  already done it with Genneva Sdn Bhd, run away with cash at least RM47 million!! Those who still listen to and believe this Anon Me troll are fools many times over!! Anon Me recommends you to migrate your Genneva plan over to the Genneva World plan! You still believe him?? It is amazing what depths of stupidity humans can sink  to!!


Added on September 25, 2012, 2:32 pm
Only if the gold you hold is pure and with certificate, etc. etc. Otherwise much more than 25%.
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GENNEVA GOLD WORST MORE THAN 30% EVEN WORST IF IT IS FAKE.
How to TRUST any WORD or NAME with GENNEVA on it.
transform
post Sep 25 2012, 03:41 PM

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QUOTE(prophetjul @ Sep 25 2012, 03:14 PM)
Would go that far to call them fake unless i have proof.......25% is already bad enough.  Thats a FACT
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PAMP GOLD 25 to 30%
GENNEVA GOLD buy in at Melting price
transform
post Sep 26 2012, 09:33 AM

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QUOTE(edyek @ Sep 26 2012, 07:11 AM)
Genneva SG and MY is different entity. Why you all so stubborn cannot see the fact?

Genneva MY is in safe hands lah....
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Yes rest for sure the GOLD is in Genneva hand and not the customer hands
100 sharing 30 GOLD bars
transform
post Sep 26 2012, 05:57 PM

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It is wise to Erase all Related to Genneva's Name. It is a public DISGRACE.
Why they dont repent ? Still planning for another SCAM.
transform
post Sep 27 2012, 01:30 PM

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I went to maxi cash and money max. Both decline to accept the genneva label gold. Other jeweller shop will accept and pay only after 3 days of checking if they are real gold. From my understanding, Genneva customer has being enquiring in selling their genneva gold.


Guys... any way to test (non destructive) the credibility of the Gold given out by Genneva?..

I checked with Assay Singapore... they have 2 mtds.. one is destructive in which they drill into the gold... the other one is non destructive but is only able to test the surface....

Not only payout problem, the Genneva Gold Bars nobody wants.
It's a wake up call Genneva MY
transform
post Oct 1 2012, 10:25 PM

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QUOTE(b00n @ Oct 1 2012, 10:09 PM)
One fudamental question... U see this coming? I.e. Genneva being raided?
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It is a good EXIT STRATEGY. RAID than close shop don't have to answer to the customers blame it on the authority. Start another similar company. How many times have this same tactic repeated ?
transform
post Oct 3 2012, 02:58 PM

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QUOTE(lunchtime @ Oct 3 2012, 02:54 PM)
What's the hoohaa over the Genneva raid? Investors have gold in their hands and gold prices are moving higher and higher as per Genneva's marketing.  cool2.gif
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HAVE ANYONE FOUND FAKE GOLD YET ?
ANYONE DID A DRILLING TEST ?
transform
post Oct 3 2012, 03:48 PM

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QUOTE(MakNok @ Oct 3 2012, 03:42 PM)
this blogger guarantee 12% per month.

i don;t do assumption...ok

http://www.lombongvgmc.com/

"Dividen ditawarkan adalah bulanan sebanyak 12%"
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Virgin Gold have been in the Market for two years already. Want to be the last few to have only 3 to 6 months of too good to be truth feeling only ?
transform
post Oct 4 2012, 02:40 PM

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QUOTE(Raceroamer @ Oct 4 2012, 02:20 PM)
Well, this friend of mine started two years ago with initial investment of 500g then later topped up to 4KG. From time to time, he would show us the cheques, some amounting 20~40K. One might think he was showing off, but we knew he was trying to convince us to join, he is not an agent of Genneva though. I am not sure about his situation now, I did try to contact him yesterday but couldn't get through. Anyway, I don't think I want to call him at this moment, thinking that he might have lots of mess to handle now. For those who pulled out from this investment after completed the contract before the raid, they should have earned.
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If you accumulate the monthly payout to topped more gold bars and without selling back it is actually your own money. Worst case is those recently topped and still waiting to collect their gold bars.
This money go round game Genneva have already calculated.

This post has been edited by transform: Oct 4 2012, 02:45 PM
transform
post Oct 4 2012, 08:20 PM

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After the incident with Genneva 1 & 2 the authority should not allow them to continue the Genneva part 3
transform
post Oct 6 2012, 06:31 PM

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Genneva SG and Genneva MY was RAIDED on the same day. Pure Coincidence ?
Guess what they will find in their office ?
Some loose change and tips and a NOTE saying " Thank You for the Service "
transform
post Oct 7 2012, 10:28 PM

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Million Dollar Questions.
1. How long the clients get to hold on to their Gold during the 3 or 6 months contract ?
2. How long can you get back your initial investment money after selling back your Gold bars ?

This post has been edited by transform: Oct 8 2012, 06:37 PM
transform
post Oct 7 2012, 10:39 PM

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QUOTE(iamsovain @ Oct 7 2012, 10:29 PM)
purposely register an account here because of this thread.

i want to ask, will they revive this again? i really interested want to invest in it.
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Those who stuck with the Gold Bars can start the Scam with him/her. Sell him/her the same price with Genneva and pay him 2% monthly. If he/her can pull in more client than continue to pay the 2% if volume drops than disappear. THIS GENNEVA BIzz model
transform
post Oct 7 2012, 11:13 PM

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QUOTE(transform @ Oct 7 2012, 10:28 PM)
Million Dollar Questions.
1. How long the clients get to hold on to their Gold during the 3 or 6 months contract ?
2. How long can you get back your initial investment money after selling back your Gold bars ?
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Can anyone share their experience ?
transform
post Oct 8 2012, 02:47 PM

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Genneva MY take Gold and $$$$$$$$ escape blame it on the Authority.
Genneva World created to canvass another 30% of your Gold in hand and also at the mean time lure in new sell.
transform
post Oct 8 2012, 03:45 PM

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Sad to hear that BUT should have known that this too good to be true income will not last long. It happen to Genneva part 1 and now the raid is INEVITABLE. When the NEW SELL slows down and the old contracts kept renewing, HOW to keep paying the existing agents comm and client's 2% ? The only way OUT is the raid so don't need to answer to their agents and clients and don't have to be afraid of kidnap again.
Genneva SG already facing the payout problem since MAY 2012 and the top mgmt kept pressing the agents to lure in more sells. Can't you see their Bizz model ? It is CIRCULATING money not investing on GOLD FUTURE. HONESTLY all agents do you guys/gals get to see any of their investment report at all ?

This post has been edited by transform: Oct 8 2012, 03:47 PM
transform
post Oct 8 2012, 05:43 PM

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Well synchronized EXIT plan.
The owner ring the bell and let the cat out of the bag.

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