Virgin Gold Mining Corp
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 Jun 17 2012, 10:20 AM
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Junior Member
21 posts Joined: Jan 2010 From: /k/ 
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QUOTE(C-Fu @ Jun 17 2012, 09:56 AM) just INVEST!!!!!!! darah haid ikut hidung loldapat dividend? then IT IS REAL!!!! SC kata scam? then SC TU BODOH!!! you're one of the elite people who discovered this secret!!! seems legit gila babi sampai terpancut darah haid  |
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Jun 17 2012, 10:35 AM
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Senior Member
710 posts Joined: Jan 2008 From: Kuala Lumpur 
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your dividend comes from other investor money and theirs from others and so on. the later investor will suffer.
if you don't mind taking others money, continue invest. that is why gambling is wrong. |
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Jun 17 2012, 10:47 AM
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Staff
7,948 posts Joined: Jan 2005 From: Soviet Sarawak
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QUOTE(samuraikacang @ Jun 17 2012, 10:35 AM) your dividend comes from other investor money and theirs from others and so on. the later investor will suffer. gambling needs luck and skill - the money you got is from people who lost their money when betting, while knowing the risk all alongif you don't mind taking others money, continue invest. that is why gambling is wrong. ponzi scheme needs cheating skill and gullible investors, who were not properly informed about the risks |
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Jun 17 2012, 11:15 AM
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Junior Member
53 posts Joined: Jan 2008 From: Your Backyard 
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QUOTE(samuraikacang @ Jun 17 2012, 10:35 AM) your dividend comes from other investor money and theirs from others and so on. the later investor will suffer. if you don't mind taking others money, continue invest. that is why gambling is wrong. QUOTE(lucifah @ Jun 17 2012, 10:47 AM) gambling needs luck and skill - the money you got is from people who lost their money when betting, while knowing the risk all along Just google-ed about the ponzi scheme and now I know how it works;ponzi scheme needs cheating skill and gullible investors, who were not properly informed about the risks QUOTE Steps in the Ponzi Scheme Ponzi Schemes are quite basic but can be extraordinarily powerful. The steps are as follows: 1. Convince a few investors to place money into the investment. 2. After the specified time return the investment money to the investors plus the specified interest rate or return. 3. Pointing to the historical success of the investment, convince more investors to place their money into the system. Typically the vast majority of the earlier investors will return. Why would they not? The system has been providing them with great benefits. 4. Repeat steps 1 through 3 a number of times. During step 2 at one of the cycles, break the pattern. Instead of returning the investment money and paying the promised return, escape with the money and start a new life. It is better for me to take my deposits back before step 4 happen. Thanks for the comments guys  |
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Jun 17 2012, 11:31 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(ne0c0n @ Jun 17 2012, 11:15 AM) Just google-ed about the ponzi scheme and now I know how it works; The last 1 invest is always the lost 1. And it is the majority of the ppl lost. When there is not enough money to payout anymore, it collapse. It is better for me to take my deposits back before step 4 happen. Thanks for the comments guys You don't know when you are the last 1. Get out as soon as possible. |
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Jul 27 2012, 10:33 PM
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Junior Member
76 posts Joined: Dec 2009
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my father invest in vgmc and he met the founder, mr baharudin in penang. he (mr baharuddin) said vgmc will end in 2015
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Jul 27 2012, 10:42 PM
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Senior Member
4,817 posts Joined: Mar 2007 From: klang
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i dont know...
but my friend do invest...n somegow gain lot of money in return |
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Jul 27 2012, 11:02 PM
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Junior Member
76 posts Joined: Dec 2009
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QUOTE(seijiseimura84 @ Jul 27 2012, 10:42 PM) i dont know... my dad bought 5 lots worthed 21k and gained 15k so farbut my friend do invest...n somegow gain lot of money in return |
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May 26 2013, 09:35 PM
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Junior Member
23 posts Joined: Aug 2011
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still can invest? or this company has colapsed?
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May 26 2013, 09:53 PM
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Senior Member
762 posts Joined: Jan 2003 From: Kota Kinabalu, Country of North Borneo.
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Reserve for later TS come back cry-me-a-river-because-kena-scammed.
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May 27 2013, 04:15 AM
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Junior Member
221 posts Joined: Mar 2011
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QUOTE(ne0c0n @ Jun 16 2012, 11:02 PM) I also got the dividend last month.. I also dunno why SC said it is a scam got people say because tax evasion |
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May 27 2013, 04:17 AM
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Junior Member
221 posts Joined: Mar 2011
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QUOTE(AKace @ Jul 27 2012, 10:33 PM) my father invest in vgmc and he met the founder, mr baharudin in penang. he (mr baharuddin) said vgmc will end in 2015 how much ur father inveset?cover the money ur father put in? |
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Aug 7 2013, 04:05 PM
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Junior Member
23 posts Joined: Aug 2011
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Was told by a friend he got around 400k after it just went IPO recently
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