Dear All anti-Genneva forumers,

Pls use this facebook account to voice your displeasure!

Thanks.

http://www.facebook.com/Genneva.Gold.Haters

No thank you. I don't hate them actually and I do sympathize to a certain extent. Its when they keep insisting on defending the company and calling us ignorant that my sympathy fizzles away.

I do pity the lower level victims, but the higher level consultants? Popcorn time.

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.

Genneva session already ended long ago...

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

2 senior Con-Sultans talked. 1 is Pat Lu, the other En *** Khan (forgot his name).

BFM is a lady DJ.

Pat Lu talked more. Those same usual stuff we have been hearing hundreds of times from those Con-Sultans. They put a lot of blame on BNM. En *** Khan is more subdued while our beloved Pat Lu is more vocal. Defended Genneva like a religion. My impression is if she were to choose between God and Genneva, she has no hesitation choosing Genneva. That is my feeling from the way she spoke 

The DJ did not ask the golden question of whether Genneva is a sustainable business, ie Ponzi scheme. It is either the DJ was not well prepared, or she is purposely avoided the most important question

Dear All anti-Genneva forumers,

Pls use this facebook account to voice your displeasure!

Thanks.

http://www.facebook.com/Genneva.Gold.Haters

Noel Lim is rather tactful but if it is the other guy Koh So CHuan i am sure he will grilled them

I hope you guys target only the Company, the bosses and the Con-Sultans who conspire with the scheme.

The customers who are ah soh and ah pek, especially those without gold in hand are the real victims. They should have learnt the lessons already by now

p/s I have a question : Do you hate other people so easily ? What have they done to you ?

I hope you guys target only the Company, the bosses and the Con-Sultans who conspire with the scheme.

The customers who are ah soh and ah pek, especially those without gold in hand are the real victims. They should have learnt the lessons already by now

p/s I have a question : Do you hate other people so easily ? What have they done to you ?

but with the BNM announcement already out, she should have at least questioned them on it

Ref No : 10/12/08


Embargo : For immediate release

Update on joint raids conducted by enforcement agencies on companies suspected of conducting illegal investment schemes using gold

The Attorney General’s Chambers, the Royal Malaysia Police and Bank Negara Malaysia, would like to provide the following update on the recent raids against companies suspected of operating illegal investment schemes using gold.

These raids were conducted in the interest of protecting the investors as well as the public at large from falling victim to illegal schemes.

Based on surveillance and examination conducted on these companies, it has been 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. Such schemes are not sustainable because the returns promised are not funded through gold trading, but from the monies invested into such schemes. The investigations have also revealed that the amount of assets and monies held by these companies do not commensurate with the amount collected from their investors.

Prior to the joint raids, it has been noticed that these companies have delayed in returning gold or money to the investors within the stipulated time as promised. Such signs are early warning indications prior to the collapse of such schemes that would result in significant losses to investors.

For more information, members of the public may contact the following:


BNMTELELINK (Customer Contact Centre)
Tel: 1-300-88-5465
Fax: (03)2174 1515



The Attorney General’s Chambers of Malaysia
The Royal Malaysia Police
Bank Negara Malaysia

Bank Negara Malaysia
10 October 2012

© Bank Negara Malaysia, 2012. All rights reserved.

first question was something like that..but they tai chi its other compnay not theirs..anyway...don't really care since i did not invest in it. i am just so very curious that it is only the consultant and customer bising. the diector or chairman of the compnay should issue a statement. so far it is only close door meeting....makes me wonder...

GEN-Never is better.............   

Already confirm by BNM, there is missing money/gold at Genneva... as the asset seized is less than the invested amount, so the rest is already 'songlap' by the owners.

So case close, confirm scam.  No need waste time to debate any further. Investors, hope you can get back at least some of your money invested. 

Already confirm by BNM, there is missing money/gold at Genneva... as the asset seized is less than the invested amount, so the rest is already 'songlap' by the owners.

So case close, confirm scam.  No need waste time to debate any further. Investors, hope you can get back at least some of your money invested. 

if Genneva founder really want to settle with BNM.
they should be the one marching to BNM with all the "trading gold" claim/accounts and SHOW/shove it to BNM that their business is legit.

if not, it will take years for complete investigation.