Wheres the OP? roycechuah?
GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
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Oct 11 2012, 03:32 PM
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All Stars
12,268 posts Joined: Oct 2010 |
Wheres the OP? roycechuah?
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Oct 11 2012, 03:33 PM
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Junior Member
8 posts Joined: Jun 2009 |
QUOTE(dreign @ Oct 11 2012, 03:29 PM) Well does not it sound that way? The hibah will enable they to go for medical and such. thats why i believe in universal healthcare. i dont believe everyone can be rich, but i believe at least all of us can have good quality of life if we manage resources well. Dont you think there judgement is way not right? IN a way you are corrrect, even if I have 100 Mil sitting in the bank doing nothing. I still cry and say no money for medical... inb4 "smells like socialism" lol |
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Oct 11 2012, 03:33 PM
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Junior Member
456 posts Joined: Sep 2005 |
QUOTE(rexis @ Oct 11 2012, 03:30 PM) 60k members x 5 family members = 300,000 Malaysian affected. Look at how many people they have cheated. u are asking the impossible of geneva. BNM already said their are ponzi scam. definitely not much money or gold lying around their office.Now gold amount do not match with actual investment/sales, before all hell of consipracy break loose, it would be really kind if Gen can provide proof: 1 - the ownership/purchase order/cert/whatever of the total gold amount 2 - how many gold is "now demand high if you want to buy you have to wait lah" 3 - where is the money to order #2 4 - does #1 + #2 equals to the total investment amount? (If not, where is the gold/money) |
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Oct 11 2012, 03:34 PM
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Senior Member
546 posts Joined: Nov 2011 |
condolences and takziah to the victims
QUOTE(arubin @ Oct 11 2012, 02:56 PM) face up to facts fast and since its well planned scheme, most likely can't recover muchpool 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 QUOTE(EddyLB @ Jul 4 2012, 08:26 PM) For those who are interested, the names of directors and shareholders : those poor souls, all they did was 'preserving values and leaving a legacy' to the above fellas 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 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 |
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Oct 11 2012, 03:38 PM
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Junior Member
8 posts Joined: Jun 2009 |
and btw, i really like these hoo hah created by this genneva supporters. they bring awareness to society to be more careful and at least news is worth watching again other than non stop 1malaysia worshipping chant in tv. hehe
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Oct 11 2012, 03:40 PM
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Junior Member
90 posts Joined: Oct 2012 |
QUOTE(dreign @ Oct 11 2012, 03:29 PM) Well does not it sound that way? The hibah will enable they to go for medical and such. What is the difference Hibah and RIBA?Dont you think there judgement is way not right? IN a way you are corrrect, even if I have 100 Mil sitting in the bank doing nothing. I still cry and say no money for medical... Hibah : when genneva in its kindness makes a lot of money using blue ocean strategy gives you a gift. Riba (usury): when you LEND money to Genneva and they pay you interest of 2% per month. Riba is a serious sin in Islam. And they call it Syariah compliant. |
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Oct 11 2012, 03:48 PM
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Junior Member
45 posts Joined: Nov 2007 |
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Oct 11 2012, 03:49 PM
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Junior Member
382 posts Joined: Jan 2003 |
QUOTE(bdkkecoh @ Oct 11 2012, 03:38 PM) and btw, i really like these hoo hah created by this genneva supporters. they bring awareness to society to be more careful and at least news is worth watching again other than non stop 1malaysia worshipping chant in tv. hehe QUOTE(zoff @ Oct 11 2012, 03:40 PM) What is the difference Hibah and RIBA? Its all how they package the product. They are just using gold as there gimmick.Hibah : when genneva in its kindness makes a lot of money using blue ocean strategy gives you a gift. Riba (usury): when you LEND money to Genneva and they pay you interest of 2% per month. Riba is a serious sin in Islam. And they call it Syariah compliant. BTW track record is not 100% fool proof. What if, if gold crash to under US100 per oz. All makan angin already. |
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Oct 11 2012, 03:54 PM
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Senior Member
670 posts Joined: Oct 2007 From: Church of the Flying Spaghetti Monster |
I thought there was something fishy about the podcast so I listened again.
This was reported in the news: QUOTE “Many have expressed to us their stressful situations and we hear you. We recognise that these gold bar buyers are bona fide investors and were never an accomplice, or broke any laws,” Khairun, a lawyer, told a room packed with journalists and Genneva supporters. Fast forward to 15:40 in the podcast clip, you'll hear Al Jazzura Khan quoting Khairun but pausing right after 'bona fide' to choose a better word before settling on 'purchasers'. Yeah, I'm pretty sure that's not that Khairun said lol. They've always insisted that they are actually gold traders and Genneva is not an investment company. Pat Lu herself has been guilty of this little slip-up. One of her posts in this forum specifically used the term "investing in Genneva" but she will go on to vehemently deny that they are investing in anything. Don't you just love the way they twist words? |
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Oct 11 2012, 03:54 PM
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Senior Member
3,725 posts Joined: Jul 2005 From: In /hardware/ |
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Oct 11 2012, 03:54 PM
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Senior Member
546 posts Joined: Nov 2011 |
those poor victims who dump in their life savings and depends on genneva, may God bless you
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' 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 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 |
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Oct 11 2012, 03:59 PM
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Senior Member
3,590 posts Joined: Apr 2006 From: nowhere |
QUOTE(jimliew @ Oct 11 2012, 03:33 PM) u are asking the impossible of geneva. BNM already said their are ponzi scam. definitely not much money or gold lying around their office. Sigh, just like any MLM companies that lecture their members that they are not involved in MLM/pyramid, and invent another fancy name to label their business model.People can be made to buy a detergent for over RM100 and they still think that they got a good deal. The potential of GOLD is simply huge and unimaginable. Don't wanna go too far off topic, so period. QUOTE(zoff @ Oct 11 2012, 03:40 PM) What is the difference Hibah and RIBA? Personally althou I do not have to concern about if anything is syariah or not, but I condemn with the strongest sense their intention of labeling anything as syariah.Hibah : when genneva in its kindness makes a lot of money using blue ocean strategy gives you a gift. Riba (usury): when you LEND money to Genneva and they pay you interest of 2% per month. Riba is a serious sin in Islam. And they call it Syariah compliant. They are just trying to reach the pocket of the largest majority in this country and for the rest of the population they would say: hey look, its syariah, surelah gov support it. For me, I will be extra careful if any investment says that they are halal. |
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Oct 11 2012, 04:12 PM
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Junior Member
86 posts Joined: Nov 2007 |
is it too late for me to join Geneva now?
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Oct 11 2012, 04:15 PM
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Junior Member
474 posts Joined: Nov 2007 |
QUOTE(learn2earn8 @ Oct 11 2012, 03:34 PM) 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 or was it the bad pixel image? |
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Oct 11 2012, 04:17 PM
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Newbie
2 posts Joined: Sep 2009 |
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Oct 11 2012, 04:22 PM
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Senior Member
3,590 posts Joined: Apr 2006 From: nowhere |
QUOTE(learn2earn8 @ Oct 11 2012, 03:34 PM) http://www.theborneopost.com/2012/10/09/genneva-gold/ Interesting read, detailed comments on theborneopost.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 |
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Oct 11 2012, 04:43 PM
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Junior Member
153 posts Joined: Feb 2006 |
This GM mastermind is really good at manipulating the crowd and media. Some media fully participating their side of story rather than to report on the ponzi-scheme characteristic of GM. Very very seldom to see a company has such a power, and yet GM management don't need to show face at all. See who is being interviewed by BFM? The investors only. There is a very STRONG hand behind GM, don;t believe?
At this stage, who has evidence to prove that GM have enough physical gold at the BNM raid? None. But the pro-GM camp still imply that BNM might taken all the physical gold. My question for those who pro-GM, do you accept IF GM sell investor's gold multiple times? The fact is since many investors deposit their gold in order to earn the interest, GM has huge amount of physical gold at hand to play with. Well, we all know what happen when human greedy. They sell the gold again and again, all the investor receive low interest and a worthless contract, they can run the show pretty long time if without BNM intervention. |
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Oct 11 2012, 04:43 PM
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Senior Member
546 posts 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
otherwise, we can find other genneva HEEEBAAH hot chicks here or here. lookie! there are so many to choose 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' where's to sign application from? I wan my eye pad too, its so useful after loads of tears and much crying http://www.facebook.com/photo.php?fbid=382...&type=1&theater ![]() 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 QUOTE(merce @ Oct 11 2012, 04:15 PM) |
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Oct 11 2012, 04:43 PM
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Junior Member
443 posts Joined: Jan 2003 |
To be fair to the investors, most of them were referred by their relatives and families. Many of us would let our guard down.
What's more, the co. is blessed by our former PM and current PM's wife. How could this be wrong? I would have been one of the 60k investors if someone close have me approached. |
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Oct 11 2012, 04:46 PM
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Senior Member
2,162 posts Joined: Sep 2004 |
QUOTE(wb4j @ Oct 11 2012, 04:43 PM) To be fair to the investors, most of them were referred by their relatives and families. Many of us would let our guard down. Yeah. I would have been conned too if I know about this earlier and What's more, the co. is blessed by our former PM and current PM's wife. How could this be wrong? I would have been one of the 60k investors if someone close have me approached. » Click to show Spoiler - click again to hide... « Great lesson not only for the one who kena but for everyone else also |
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