Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

views
     
idoblu
post Oct 1 2012, 06:02 PM

stars for sale
********
All Stars
11,308 posts

Joined: Feb 2008
KUALA LUMPUR: The authorities in Malaysia have raided gold trader Genneva Malaysia Sdn Bhd and its affiliates for suspected offences under the laws administered by the respective enforcement agencies.

Bank Negara said on Monday the joint raiding operation was carried by the police, Domestic Trade, Cooperatives and Consumerism Ministry, Companies Commission of Malaysia and the central bank.

BNM said Singapore's Commercial Affairs Department also conducted a similar operation against Genneva Pte Ltd in Singapore.

"The public is advised to be cautious in investing their money to avoid becoming victims of activities that are illegal and in breach of the law," said BNM.

.

Source - http://biz.thestar.com.my/news/story.asp?f...42&sec=business

rclxms.gif

This post has been edited by idoblu: Oct 1 2012, 06:03 PM
idoblu
post Oct 1 2012, 07:09 PM

stars for sale
********
All Stars
11,308 posts

Joined: Feb 2008
Raided only but not charge yet so it's not the end.
I thought Genneva open ceremony by our deputy finance minister?
idoblu
post Oct 2 2012, 08:41 AM

stars for sale
********
All Stars
11,308 posts

Joined: Feb 2008
QUOTE(the golden sukuk @ Oct 1 2012, 09:18 PM)
Dr. M only attend the ceremony, not approve the Genneva investment plan. This is one of the con company dirty MO to attract the investor
about the syariah compliance scheme....im sa lil bit confuse, how come do they declare they are syariah compliance without seeking advise from Jabatan Agama Islam? ive read in a newspaper recently stated that Majlis Fatwa Jabatan Agama Islam declared that that scheme is not syariah compliance. i think this so called syariah compliance thing is just gimmick to attract muslim investor
what ever pun, the company has been raided AGAIN, the investigation process, chargers, court trial might take i think at least 5 years. For those who receive the physical gold, they are still lucky, but for those who didnt get their gold bar...
what can i say...its a cruel world
*
not only to attract Muslim investors but to all unsuspecting investors of all races.
two genneva agents stressed heavily that it is "syariah" compliant to me when trying to sell me this thing
in my heart, I am thinking, "so what? I am not a muslim what has that got to do with me?"
but for a lot of folks, they only have to hear the word "compliant" and together with their own greed will hastily conclude that its some form of legal investment



idoblu
post Oct 2 2012, 08:49 AM

stars for sale
********
All Stars
11,308 posts

Joined: Feb 2008
QUOTE(deadmau5 @ Oct 2 2012, 01:03 AM)
I'm not the one who did the payment. It was my mom, now she's a little f-ed up since the payment was for my grandfather's and a close relative and we're not sure how to break the news to them.

I rarely visit this thread, but do u mind sharing some links that gave out warning signs earlier about genneva?

Edit: I bumped across some threads saying that u can report the bank draft as lost but is it still possible since my mom already passed the draft to genneva this noon already?
*
maybe still got hope since I dont think they got a chance to bank in the cheque yet. maybe a visit to the bank that issued that cheque might help. print out the star newspaper report
and show it to the bank's manager. see if they are willing to help you.

idoblu
post Oct 6 2012, 06:02 AM

stars for sale
********
All Stars
11,308 posts

Joined: Feb 2008
-edited- wrong post

This post has been edited by idoblu: Oct 6 2012, 06:29 AM

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0319sec    0.47    7 queries    GZIP Disabled
Time is now: 13th December 2025 - 10:49 AM