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GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
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TinyPumpkin
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Oct 6 2012, 01:28 PM
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QUOTE(terry8 @ Oct 6 2012, 12:44 PM) If I am not mistaken, Genneva sponsored RM 100K for the Starwalk. I do not want to imply that they are manipulating their reporting but they should publish the professionally with experts explaining the flaws in the biz model of this company. Instead they are trying to please the investors and giving them false hope in many ways. Even if BNM did not raid them, this whole thing will collapse one day. Problem is that instead of having 60K victims they might have 120 K or even 240 K victims. I cannot fathom how some professionals fell for it too. Didn't they do the maths and activate some brain cells? How is it going to end? How many people are going to end up with half of their investments?
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TinyPumpkin
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Oct 6 2012, 03:10 PM
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QUOTE(j.passing.by @ Oct 6 2012, 02:28 PM) Bet you some professionals were on the hunt for this sort of schemes, to be among the first batch of customers who got in and got out with profits; and giving false perceptions to the later batches of naive consultants and customers to jump onto the bandwagon. Maybe the authorities will be following up on these past customers when the dust has settled down. Yes the earlier batches had already cashed out; or some had already recovered their principal with those hefty interests. Its the older folks in the later batches that are getting burnt, poor poor thing.
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TinyPumpkin
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Oct 6 2012, 03:39 PM
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QUOTE(anudora @ Oct 6 2012, 03:21 PM) The one that are gonna lose everything is the one that borrow money from the bank to invest in scam. You can read the article in the link below. Pretty scary...... http://theangryinvestor.blogspot.com/2012/...mention-on.htmlIndeed it is scary. Life's philosophy: Do Not Be Greedy! Do Not Show Off! = Safe
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