and bro, you forgot that election is coming soon. UMNO helping hands is just political gimmicks. How often you see UMNO supporting chinese? because most of the Genneva investors are chinese.

Totally agree with you mate....If you can't balance the books for the day, you are expected to stay back till everything is matched up and tallied based on experience.....

I pity some of those genneva investors.....when this genneva thing was starting about 2 years ago, some of them invited me and willing to pay a seat for me to listen to their business plan and investment scheme.....i just asked them one thing, what is their business model?...then they kept replying its a trade secret and other blue ocean BS.....they even claim that the Hibah is tax free and exempted since it is a gift....and I warned many of them about the risk, yet greed overrules them all.

Geneva supporter still in denial?
Or perhaps they invest lots of money into it until they refuse to believe it were scams.

Seem like BNM is not only the 1 who doing such raids.



3 more company have join into the party.

UMNO fags who support geneva invested into it as well.

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Added on October 11, 2012, 3:53 amThe funny things is some of them don't even know about investment baskets and investment portfolio is. lolz.

This post has been edited by yinchet: Oct 11 2012, 03:53 AM

Pat Lu will be on BFM in a shory while

someone advise what he comment pls? No radio here.

Tun mahatir, not investment , should not raid, send gold for check, 60k ppl total300k ppl affected. Wanna puke nothing new you all know the story

Not all the investors are victims. Some of them are risk takers.

If I remember correctly, DBS sold very well of their Lehman Brother products in Hong Kong. When Lehman collapsed, it affected widely. It ended up with DBS was torelance to compansate their customers. However, those educated or regular investors, were not be compensated.

I watched some youtube clips of feebacks by Genneva customers, they are ex-staff of bank negara and accountants. I don't think they are truely innocent. They are greedy.

The non-educated uncle and aunties are really the victims of Genneva.

First question asked was, bank negara official report claim the money or gold in the account does not match whats in the account. Maybe my comprehension not so good, but seems like no clear answer from them

The main problem: Greed > All

Public Gold. ThIS.

One should be aware of what they are buying. When the crunch comes and nonone trust
your gold, you are in trouble!

Buy those well known accreditated bullions like Kijang, AGE, Nuggets,

who the heck is pat lu? never heard of him, one of genneva extremist fanatics?

he probably lost tons of money.....

they have given answer already.
quoted from thestar


clear enough?
do note Singapore authorities is also doing the same to Genneva PTE LTD on the same days.
These is a clear indication for all those do not trust BNM.



This post has been edited by yinchet: Oct 11 2012, 08:05 AM

I'm not sure if he lost money. But I'm sure since he is CONsultant, a lot of his customer will find him if they don't get back their money. Pat Lu life will be very miserable.

I think the same. BNM and goverment have not done their best to protect public interest. They have not been working hard for that at all, or maybe, they are under pressure of someone not to be aggressive. Recently, BNM took the actuion because they are scare of Genneva customer base has grown up to 60,000.

BNM posted their alert message in their website is called delivering their public responsibility. I don't think so!
BNM should at least advertise regularly a FULL page alert massage in all local English, Malay, Tamil and Chinese newspapers, or even on TV. They have the budget to do that. Now, they even need to spend more money to recover the disaster. They need money for conducting raid, investigation and court cases.

Realized that the way of some Genneva inevstors were talking in clips and responding in forums, how naive of these people about investment. Some countries have already started educating kids in school for money management. This helps on reducing "investment blinds" in the country as a long term solution. What have been done by our goverment on education revolution?

Look at the advetised messages in newspaper by EPF on nomination submission and PIDM on saving protection scheme. I would say these 2 bodies are really executing their public duty very well for educating the nation. They know by just posting their message in their website and waiting for uncle and aunty to visit for reading is not a possible way.

Pat lu is female btw, unless Assunta school once allowed male students.

True. Actually 60,000 people affected can cause damage in the society already. There's ponzi scheme in Albania which affected a whole country where
the ponzi subscriber went riot and the government subsequently falled. http://en.wikipedia.org/wiki/1997_rebellion_in_Albania

LOL...

SHE is a Fanatical CONsultant who used to post all the Genneva DRIVEL here.


Here

http://forum.lowyat.net/topic/1888957/+60





It appears some of the CONsultants'/'investors' think spectrocophy can confirm the gold purity.

I think its only able to penetrate nomore than 5mm of the metal.

How?

Theres no sure-er method than assaying by DRILLING

Actually non-destructive method can be done with Ultrasound. You know the machine to look at baby?

what did Pat Lu say on BFM? DJ got tell her its PONZI?

Hi Ultra sonics will test for CONsistency BUT NOT purity.......