Geneva Malaysia V2, more facts will be revealed soon...
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 Oct 12 2012, 08:07 AM
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Junior Member
82 posts Joined: Oct 2012 
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QUOTE(anudora @ Oct 11 2012, 09:53 PM) I was thinking of not posting about this anymore but then i found an interesting post by Nicky Wu in Genneva fb page: Now, I understand why so many investors are affected. As explained, the golds are basically not in their hand most of the time. This is really bad. |
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Oct 12 2012, 08:09 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang 
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Got someone troll in their page
 :-QUOTE Newzair Zairy tahun 2005-2006 bnm freeze swisscash, tahun 2008 bnm freeze lagi buluhmas walaupun bnda ni membantu ramai golongan msyarakat... This gold buyer really good in wording. Normally any gold buyer will be attacked. This time, even staunch Genneva supporter (Dadhyanna) ask him how much he willing to pay:- QUOTE Jim Bates So sad to see family and friends stuck in this awfull situation. Just in case anyone here need to liquidate their gold im ready to assist with high buy back value. Pm me for detail. Hope im helping in one way or another. Be strong guyz!! Prodigy Gold Trade Like · · 11 hours ago Saraswathi Raman likes this. Prakaash Muthupillai the price gng up nwdays y wan to sell nw????/ 10 hours ago · Like Jim Bates True.. Just incase someone really need money urgently. 10 hours ago via mobile · Like Dadhyanna Tan Mian Lee Mr Bates would you be buying at 90% of the current market price? Just enquiring openly for all on this page to be aware that they ought to hang on to their gold and if possible wait for a few more days for next week. 10 hours ago · Like Jim Bates I'll be buying @ spot price. So its about 85~90% of current market price. It is advisable to hang on to ur gold if ur capable as gold price will rise eventually. But it seems some of us dont have that luxury or maybe just wanna have a peace of mind. Have been buying back everyday this week. Glad to be of a help  hope this answers ur enquiry dadhyanna.9 hours ago via mobile · Like This post has been edited by gogo2: Oct 12 2012, 08:15 AM |
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Oct 12 2012, 08:14 AM
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Senior Member
1,679 posts Joined: Jan 2010 From: Penang
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when i read it in the star, it gives so little information..now that i am done reading most of the comments, i am interested in following the investigation results.
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Oct 12 2012, 08:29 AM
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Senior Member
897 posts Joined: Sep 2008
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Man those gold buyers are really vulture...haha. Collect enough gold from genneva's buyers, and start genneva 3.0?
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Oct 12 2012, 08:32 AM
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Senior Member
590 posts Joined: Aug 2005
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if your watch the movie Loopers, u can see lots and lots of Genneva gold bars!!
they are actually gold bars sent from the future!! so cost is very low, can guarantee 2% monthly hibah and still profit!! blue ocean new-age biz model. |
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Oct 12 2012, 08:49 AM
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Junior Member
73 posts Joined: Oct 2012
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QUOTE(ciahcra @ Oct 12 2012, 08:29 AM) Man those gold buyers are really vulture...haha. Collect enough gold from genneva's buyers, and start genneva 3.0? The first "reputable" jewellery that came out to buy back the gm gold is Poh Kong. One of the Genneva's director, Ng Poh Weng was Poh Kong's founder. |
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Oct 12 2012, 08:50 AM
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Senior Member
669 posts Joined: Jan 2012
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QUOTE(KentPhan @ Oct 12 2012, 08:07 AM) Now, I understand why so many investors are affected. As explained, the golds are basically not in their hand most of the time. The people they interview including the CONsultants claim that they have the gold but none of them disclosed that Genneva offer them an extra 0.5 % per month for keeping their gold in Genneva. This is really bad. Think about it, if most of them have their gold and they truly believe that gold price will go thru the roof none of them need to worry coz they will be making lots of money very soon. I suspect most of them have no gold in hand and they stand to lose everything |
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Oct 12 2012, 08:53 AM
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Senior Member
2,301 posts Joined: Oct 2008 From: android#[me@linuxbox me]$ my_location
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QUOTE(Genneva_is_a_scam @ Oct 11 2012, 11:17 PM) Anyone has a pic of Pat Lu? i tot pat lu is a man??!! I'd love to date a single mum, especially a rich single mum.  |
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Oct 12 2012, 08:56 AM
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Junior Member
73 posts Joined: Oct 2012
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QUOTE(napoli26 @ Oct 12 2012, 08:53 AM) i tot pat lu is a man??!! Pat Lu = LYN PatEagle = MyGoldenGoose (blog/youtube) |
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Oct 12 2012, 08:57 AM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(terry8 @ Oct 12 2012, 08:50 AM) The people they interview including the CONsultants claim that they have the gold but none of them disclosed that Genneva offer them an extra 0.5 % per month for keeping their gold in Genneva. True, none of them mentioned that but only mentioned they haven't received the gold due to raid.Think about it, if most of them have their gold and they truly believe that gold price will go thru the roof none of them need to worry coz they will be making lots of money very soon. I suspect most of them have no gold in hand and they stand to lose everything |
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Oct 12 2012, 09:01 AM
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Junior Member
73 posts Joined: Oct 2012
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QUOTE(jack2 @ Oct 12 2012, 08:57 AM) True, none of them mentioned that but only mentioned they haven't received the gold due to raid. If only a GM customer would spill out GM MO in details.For that 0.5%, GM could be taking the gold and give a cheque to the customer. (That might make them think is a safe transaction) This extra 0.5% is very shadowy. |
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Oct 12 2012, 09:06 AM
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Senior Member
3,590 posts Joined: Apr 2006 From: nowhere
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Briefly went thru this thread, has anyone thought that GM is at the verge of collapse, then someone decided to let BNM take over the mess when they run away?
Just another conspiracy theory... After all we don't need people like Pat Lu telling us how confident she is to GM and the directors and how bad she need the money to put food on table, and all the sad stories and tears and mug shot of kids and disabled holding GM love letter. We just frigging want to know some facts directly from the mouth of any directors. Someone might just bought an European island and enjoying sunshine beach there. |
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Oct 12 2012, 09:21 AM
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Senior Member
3,130 posts Joined: Jun 2006
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Really hope BNM manage to find some damning evidence to nail GM, n publicly announce they will be able to return the investor's money/gold provided they come forward to tell the truth n make police report subsequently become the witness in court.
Then, we will see how many ppl still worship GM or turn against them. That will be the end of GM. |
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Oct 12 2012, 09:24 AM
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Junior Member
73 posts Joined: Oct 2012
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QUOTE(rexis @ Oct 12 2012, 09:06 AM) Briefly went thru this thread, has anyone thought that GM is at the verge of collapse, then someone decided to let BNM take over the mess when they run away? On top of that, i am also trying to find out exactly at which point that the customers get hooked/CON-ed. Really, i cant get it.Just another conspiracy theory... After all we don't need people like Pat Lu telling us how confident she is to GM and the directors and how bad she need the money to put food on table, and all the sad stories and tears and mug shot of kids and disabled holding GM love letter. We just frigging want to know some facts directly from the mouth of any directors. Someone might just bought an European island and enjoying sunshine beach there. The hibah doesnt make sense the premium price doesnt make sense that GM keep the gold doesnt make sense what the heck caught the customer's sense????  |
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Oct 12 2012, 09:27 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang
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QUOTE(stormaker @ Oct 12 2012, 09:21 AM) Really hope BNM manage to find some damning evidence to nail GM, n publicly announce they will be able to return the investor's money/gold provided they come forward to tell the truth n make police report subsequently become the witness in court. Problem is, does the Genneva have that much of money and gold to be returned to the investor? Then, we will see how many ppl still worship GM or turn against them. That will be the end of GM.  Added on October 12, 2012, 9:28 am QUOTE(tandukperak @ Oct 12 2012, 09:24 AM) On top of that, i am also trying to find out exactly at which point that the customers get hooked/CON-ed. Really, i cant get it. Mahathir + Rosmah + they operate 3 years already The hibah doesnt make sense the premium price doesnt make sense that GM keep the gold doesnt make sense what the heck caught the customer's sense???? This post has been edited by gogo2: Oct 12 2012, 09:29 AM |
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Oct 12 2012, 09:38 AM
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Senior Member
3,130 posts Joined: Jun 2006
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QUOTE(gogo2 @ Oct 12 2012, 09:27 AM) Problem is, does the Genneva have that much of money and gold to be returned to the investor? Thats GM problem. BNM only can do their best n prove in court that they indeed short of money/gold to refund. |
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Oct 12 2012, 09:41 AM
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Senior Member
669 posts Joined: Jan 2012
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QUOTE(stormaker @ Oct 12 2012, 09:21 AM) Really hope BNM manage to find some damning evidence to nail GM, n publicly announce they will be able to return the investor's money/gold provided they come forward to tell the truth n make police report subsequently become the witness in court. Oh don't worry they found evidence already as per their last statement. They need time to tabulate all the money going in and out of the company - imagine 60000 people doing 4 transactions a year plus the commissions going to the CONsultants - that is a lot of data to put togetherThen, we will see how many ppl still worship GM or turn against them. That will be the end of GM. |
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Oct 12 2012, 09:42 AM
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Senior Member
3,130 posts Joined: Jun 2006
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QUOTE(tandukperak @ Oct 12 2012, 09:24 AM) On top of that, i am also trying to find out exactly at which point that the customers get hooked/CON-ed. Really, i cant get it. The hibah n "buy back guarantee" make sense. Most of them invested huge amount of money, imagine 100k invested, monthly u get 2k. Of course, they been brainwashed that its risk free n gold price is shooting up ... blah blah blahThe hibah doesnt make sense the premium price doesnt make sense that GM keep the gold doesnt make sense what the heck caught the customer's sense???? |
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Oct 12 2012, 09:42 AM
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Junior Member
456 posts Joined: Sep 2005
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BNM already said it is ponzi. Now what happens next? All GM assets seized (including the chairman and all the directors?? How about the Con-Sultans) . Then identify all the true "investors". Work out what is left of the assets and apportion to the "investors"?
This could take years. Anyone understand how this will work? |
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Oct 12 2012, 09:42 AM
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All Stars
13,761 posts Joined: Jun 2011
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I'm sad to hear a statement fr my 60yr old relative who is an insurance agent for 35yrs.
"No worries, genneva ll never collapse. Its just a matter of time I'm gonna get back the hibah together with interest." Walao eh, 60 yr old toking like a swine. How on earth v hav a person who can stil b so naive thinking ethg is ok after reading the BNM statement last nite???  Bravo to all genneva founders.  |
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