the gold and money leh? who get ?

they are not proven guilty in court, they are still consider innocent.

but BNM always have genneva under their warning list, people still want to believe in the same group of people and invest, what can they do?

they can always close shop,... change name,... and start a new 1,... u blow him no expand..

do u know scratch and win scam still roaming the street, even it is a super slowpoke scam ???

Not exactly. BNM have the right to prevent any organization (with the help of various authorities like polis, SSM, etc) from continuing its activities that BNM "thinks" violates any financial regulation.

And that organization have the right to appeal (which genneva did not) or saman BNM in the court to PROVE that the said action was wrong.
the reasoning for this is, if you leave deposit-taking unregulated, any pakcik kedai kopi can take people's money and do whatever he wants without proving to anybody.
What I really don't understand from this whole mess is, why wasn't there suspicion by the "investors" when they deal with a company named geNNeva, and not geneva (the swiss location)? Surely by looking at the name itself you have to have AT LEAST a slight doubt that it's trying to associate itself with switzerland?

well at least now we know that AT LEAST 50,000 malaysians fail to understand obvious retarded difference. Probably these are the same people who would click on fake urls like googggle.com instead of google.com

So you telling me those people pay without having the gold?
they have only themselves to blame.

you go pasar, buy vege 1 kati,
they say come collect tomorrow,
you ok?

possible. but when gold price drop abit, they want hedge simi? and looking at the reactions of these 60,000 monkeys. I'd dare to say they went all in(super high gearing) putting all their leverage for the loan to buy these papers/golds. poor sheeps. better luck next time.