1. Say you took the risk, invest in Genneva for the past 12 months and SUCCESSFULLY earned RM40k of Hibah in the pocket, all your initial capital are re-funded and intact, now INVEST in Citibank FD earning 5% (the offer for any new fresh fund, currently still running).
2. Then you re-"invest" this "new-found" RM40k back into Genneva, earning RM800.00 month after month, keep renewing it with the same RM40k earned capital (full 100% military-grade discipline), pocketing the "Hibah/interest" of RM800.00/month
3. You can surely afford to have Genneva close shop due to whatever reason, then decided to sell off the gold in hand (say 200gm) at whatever "cheap" price
4. You are still a winner, right? As long as Gennvea is still running, you are still a "no risk" investor/schemer/fool.

PERSATUAN PENGGUNA ISLAM MALAYSIA

No. 70X Jalan Keramat Hujung, Bukit Keramat, 54000 Kuala Lumpur

No. Tel: 03-425 77 222 Faks: 03-4256 6617 Hotline: 019-359 1000 Laman Web : www.muslimconsumer.org.my

Siaran Media

1/8/12 - PPIM menerima beberapa aduan mengenai skim yang dilakukan oleh Genneva Malaysia Sdn Bhd beralamat di 11-1, Jalan 3/116D, Kuchai Entrepreneurs Park, Jalan Kuchai Lama, 58200 Kuala Lumpur yang mana syarikat terus mengisytiharkan melalui laman sesawang mereka www.genneva-malaysia.com bahawa perniagaan yang mereka lakukan adalah mengikut syariah sedangkan Muzakarah Jawatankuasa Fatwa Majlis Kebangsaan Ke-100 telah dengan jelas mengeluarkan fatwa bahawa Perlaburan Emas Genneva adalah haram dan tidak mengikut Syariah.

Kegiatan ini bukan sahaja melibatkan golongan biasa tapi juga melibatkan ramai pelabur VVIP, Yayasan dan syarikat-syarikat besar. Syarikat ini juga tersenarai sebagai syarikat yang tidak diiktiraf atau diluluskan di bawah peraturan dan undang-undang Bank Negara Malaysia. Maka PPIM menggesa satu siasatan menyeluruh dibuat terhadap syarikat ini yang telah mengutip dana dari orang ramai berjumlah lebih 5 billion ringgit dan ianya disyaki mengalir ke luar negara.

Sindiket penipuan terancang ini harus ditangani dengan segera kerana ia mampu mencetuskan pelbagai masalah ekonomi dan sosial yang teruk pada mangsa dan masyarakat. PPIM menyeru supaya semua pelabur yang terlibat dalam perlaburan haram ini segera menuntut semula wang perlaburan mereka

Sekian.

Tried to Yahoo!/google Genneva...not found and links down

http://www.genneva-world.com

Check this out

http://www.aljazeera.com/business/2012/07/...3513872418.html

Bank also doing illegal thing behind woh!

How  now?

Better withdraw all you monies from them before kena frozen by BN loh.

So, you admit Genneva is illegal ? 

Hello there, want to respond to my comment must use brain a bit lah.

Did I ever mentioned the word Genneva ??

Your mata got something wrong ah?

I think primary  school kids can write better than you man 

Son,
I highlighted the word you use RED RED, BIG BIG your "mata" cannot see arr....

you use the word ALSO . Primary school kids know what it means, you don't know meh ? 

Papa,

You all are confirming here that Genneva is doing illegal business mah.

So I just continue from there and tell you that Bank ALSO doing illegal things mah.

I did not say whether Genneva is illegal or not leh !!

Paham tak??

You Inglish OK or not?

Talking to you makes me

I wonder if you guys read carefully and understand every word that has been posted here or not.

I have said earlier, if there is anyone who has not been paid back by this company due to the BN's raid few years ago, just drop by
at their office in Kuchai Lama and shout and scream to look for the actual big boss lah.

He is there everyday on the top floor and am sure he will come down to entertain you if you really create a scene there.

Why scream and shout in this forum??? You will never get your money back that way isn't it?

Don't expect the big boss to read every single posting in this forum to see who is not paid lah...pakai lah otak sikit,

Unless of course you are not genuine but just a cyber trooper engage by their competitor to cause trouble.

That is only logical explanation !!

 

Ok son, since you don't understand, let Papa teach you.

1. We all never say Genneva is legal or illegal. It is Bank Negara Malaysia and Islamic Authority say it. You and me cannot judge whether it is legal or not

2. Primary school English - "also". When you say "bank also doing illegal thing...", the sentence means Genneva is illegal, so the bank also illegal. If Genneva is not illegal, then you should say "bank is doing illegal thing....". If you think Genneva is not illegal, don't put "also" in your sentence, understand son ?

It's Ok, don't need to feel bad about your English. Everybody makes mistake. Learn from mistake and your English will improve. Keep it up, son ! 

OK Papa,

Your Inglish vely teror one loh.

You win alehdi loh.

Can tell me where you buy the sertifikate ah?

I ALSO want to buy leh.

I don't understand you people lah.

Your minds are all blocked and cannot take in information.

This company is NOT an investment company.
Your are not investing your money in the company.
That is why it is listed in BN list of non-approved investment company. In the first place how can a company which is NOT an investment company be approved as a investment company by BN??

This company is just a GOLD TRADING company. It buys and sells gold. Therefore it has got nothing to do with BN.
There are lots of IDIOTS out there who keep on spreading info that this is an investment.

You just go to the shop and buy PHYSICAL gold and keep it any where you want...maybe under your pillow because it is your property.
That's all.

It is not like investing in online gold where you can only see your account number and if the company close shop you are left with nothing.

i cant recall

a) that Genneva sells jewellery

b) you have toi wait for weeks to receive your gold. Jewellers deliver over the counter

c) you hve to sign a contract with lots of provisions for buying a simple gold BAR, not jewellery

But of course the jewellers charge the same exhorbitant prices for gold BAR ........

Guess there are still SUCKers abound.....

 

i CANT BRAIN THIS!  HELP!  

WHY PEEPLE DO THIS?

We not as "atas" as them "investors" mar, thus the secrets of the investments are lost on us. 

Side note: Eh - keep buying up ICAP ar boss, i want the general offer hehe

If goldsmith A close shop, I sell -20% below market price. Meaning I get back RM 160. Losing RM 40.
If Genneva close shop, I sell -20% below market price. Meaning I get back RM 200. Losing RM 50.

If G close shop, should be selling at -20% market i.e. RM160 lar...rugi RM90, NOT RM50