Are you kidding me? Or trying to increase your post count? Don't you the comments and BNM announcement.

Ah.. so the 10 months was just some example lar, not the contract terms. Understand.

My 10 months is just an example la. What I meant is you are on the scheme every month for that period in the examples, regardless you have to sell and buy every 3 or 6 months.

You can say that you are getting back part of  the excess money you paid for the gold at retail price but who would share/give part of the profit to you? My example C at 18 months shows the amount of money in hand (from the monthly rebate)[ compared to FD interest for the same period. Does it really matter the money comes from the profit made by the gold company which you had paid? The principal amount is in the form of the gold bar, which you would get back at the same amount when you sell back to the gold company. In FD that same amount of principal you cash out by submitting  your CD certificate. If you still can't see the REAL gain in my examples, I can't help you because I think my examples are pretty clear.

Genneva Malaysia is the third company. Previous company got sued. The court case is still there.

There is a conspiracy against Genneva by jealous ppl  

hi, i new in low yet forum, i like investment. i wan to see ur comment on this GENEVA gold investment...i burn my money in forex & other investment...is this Geneva Gold invest can trust??

The banks are probably trading illegally as well.....

DO they have the phsysical gold backing their gold accounts?  i wonder?
Why do they discourage taking up delivery of the physical? i wonder?  

These gold and forex companies are actually using the law to their advantage. Pure deposits taking and giving returns without licence contravenes Bafia. So to overcome and make (read : con) money, they package it to be more complicated and appear to be not deposit taking. Some of them use trading precious metal to camouflage the deposit taking, some using forex trading. Throw in high returns like 10%-30% returns and guaranteed buy back, many greedy investors fall for the scheme

Poh Kong, Tomei etc are pure trading gold. No thrills and frills of high returns or guaranteed buy back. BNM has no problem with them. So, I disagree "BNM doesn't have a proper set of rules". There are many genuine traders which are perfectly legal in Malaysia. BNM has already existing laws (although there are loopholes, obviously). Astute businessmen/conmen always find ways to challenge the law. Packaging the products that don't look like deposit taking and that should last them some years. Engage some lawyers and fight BNM in courts to buy time. They just need a few years to rake in billions. After that, they will register a new company and start all over again 

er.. huh? like the police lied to the "would be" robbers during teh tarik meeting, then arrested them when they robbed?
Sorry ar, i'm a bit thick but can't input logic. Perhaps i misread.