Geneva Malaysia V2, more facts will be revealed soon...
Geneva Malaysia V2, more facts will be revealed soon...
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Oct 11 2012, 06:29 PM
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#1
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58 posts Joined: Jun 2007 |
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Oct 12 2012, 11:46 AM
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#2
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QUOTE(JayCK @ Oct 12 2012, 11:42 AM) I think three of the main causes of this whole genneva debacle are (1)lack of understanding of financial systems; (2) poor numeracy skills of Malaysians and (3) greed. Lack of info from authorities and delay in action by authorities are contributory causes. Probrably the consultant mask the whole package and offered to auntie uncle saying that passive income for the rest of the life... Uncle Auntie, Datuk nenek all no do research one, somemore people with shallow knowledge, only listen to speakers, brainwash by them, and by the greed within them to put their life savings in it..(hopefully not)...They need to wake up... |
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Oct 15 2012, 09:52 AM
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#3
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QUOTE(gogo2 @ Oct 15 2012, 09:47 AM) Someone in this forum said he hate Hibah word already after listening that word many times from Genneva CONsultant. My 1 cents opinion, in Sg they call it discount/rebate, here they called it hibah..damn... don't they see it? The whole game is the same... these people |
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Oct 15 2012, 03:28 PM
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#4
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QUOTE(HighRoller84 @ Oct 15 2012, 03:23 PM) That statement is a big slap to genneva consultants who have been championing the company's cause. Is there any risk to consultant or maybe if they have done wrong in misintrepretation? Should a customer start to sue the consultant/agent, arent they protected by the company? The blame is shifted to the consultants for "misrepresenting" the company's product. Most of the people bising is becuase of 2%. Now that there is no promises, will they just keep quite and move on with thier life? |
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Oct 15 2012, 05:03 PM
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#5
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QUOTE(pkiensing @ Oct 15 2012, 04:50 PM) bingo!!! they covered themselves well... even giving you the gold without the promises purity and perhaps the weight... i am looking at least a total of above 80% loses for the investors which holding the Gold. |
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Oct 16 2012, 11:15 AM
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#6
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QUOTE(KentPhan @ Oct 16 2012, 11:12 AM) That is a good news, if it happens! Can BNM do that? Wow then customer need to testify against consultant.. then GM MD step out and back their consultant? Sales person shall be accountable for their sales talks. Since Genneva said no hibah no bayback in their "paper" terms, consultants were the one to be blamed for their screwed up of the "pure" gold trading business by Genneva. |
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Oct 17 2012, 09:17 AM
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#7
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» Click to show Spoiler - click again to hide... « Saw many crying for hibah.. means consultant really promises the buyer/investor the 2%. |
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Oct 17 2012, 02:24 PM
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#8
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QUOTE(prophetjul @ Oct 17 2012, 02:10 PM) Hi You have got a very valid point there. The company is discharging themselves in wrong doing. The POINT is that the CONsultants are actually CONNing FOR the company. BUT the company is NOT CONning in the sense that they have declared the EXclusions of guarantee. But somehow the company needs to explain in paying the 2% hibah to their buyer. Consultants... god luck... |
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Oct 17 2012, 03:51 PM
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#9
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58 posts Joined: Jun 2007 |
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Oct 17 2012, 04:45 PM
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#10
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58 posts Joined: Jun 2007 |
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Oct 18 2012, 09:50 AM
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#11
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Till date, the company Director, CEO or anybody holding the higher position did not come out and justify the company operations and income that the claims 'trade secret' to save the company.
For those with gold, wait till the rate shoot to gain back the lost difference, maybe profit...(hopefully) For those without gold, sorry....feel real sympathy to you. Blame the consultant that approached you. $ lost consider a good lesson... For those waiting for hibah or whatever, stop dreaming and get on with your life.... For those that owe bank money...nothing you can hope from GM. Try sourcing other income source to settle it. Its been an interesting event for this kind of raid by the authorities. I see posting on fb are dying already, and no exciting updates. Battle consider lost for GM. Good luck for the unfortunate one....peace |
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Oct 18 2012, 12:13 PM
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#12
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QUOTE(Dan01 @ Oct 18 2012, 12:11 PM) If there is, they would be quiet about it.. because that would clearly be a deposit taking scheme.. i.e GM keep gold for higher return. I wonder what are the transition period value... |
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Oct 19 2012, 09:16 AM
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#13
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Marching to Putrajaya... it didn't turn out?? |
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Oct 25 2012, 04:30 PM
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#14
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QUOTE(gogo2 @ Oct 25 2012, 04:22 PM) I want to post this already. OMG... they really If you joined such MLM or motivation kind of seminar or some agency that push you to the limit to sale thier product... thats how they changed you. But in GM, i see most consultant are still being contain in a bottle where they are still believe what the company teaches them are correct and the law is not correct. But they keep on scolding BN. I feel sad that many BN hater is Genneva victim. Means BN hater is These people also thick skin and want face. So that kind of pride and confident that are being given to their customer must preserve till the end. I guess a sense of responsibility kua??? BN la, PM la, Putrajaya la.. wow there are so great as if they run the country already.... |
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Oct 30 2012, 09:31 AM
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#15
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QUOTE(gundam98 @ Oct 30 2012, 08:17 AM) how many % of Genneva gold buyer that is actually holding the gold bars?? or they just got the cert? But if you look at alzeera interview with lulu, u notice lulu is showing off a stack of cert. I wonder, if the cert is on hand, means there is no gold?Any buyers can clarify this? |
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