they march because they are so afraid that their money is all gone. hoping that would bring the company / business back to life.

did u guys see the video on the day it gets raided? everyone looked so worried. when someone (from genneva i believe) finally came up and said something. something along the line "we will do the best we could". once the short speech is over, people even started clapping.

the fact is, the investors are scared to death. to a level that ALL they need is someone to comfort them. hoping that the company will come back to life? and if the company does come back to life, guess what is the first thing the investors would do?

Of course if you look it at that way it is stupid but for people with Genneva for the last 3 years, they did not lose any premium (since they get it back every 6 months) and have been gaining 1.5-2% every month for the last 36 months. That is why I'm still asking the same question and nobody has answered.

ARE THERE ANY VICTIMS IN HERE who has been scammed by Genneva and not BNM's raid?

Good question!

I would be honest with you. I donno about that and cannot answer it.

However, I have another much more interesting question.
In the example of madoff scam, are there any victims that had been scammed by the company in the early years (before the company go bust) ?
If the SEC had raid Madoff in early year, who the people are gonna blamed? Blame SEC for raiding OR Blame Madoff?
The Madoff scam went undetected until the company bust and then people blamed SEC for not doing the job. So what SEC need to do?

Interesting???