QUOTE(Genneva_is_a_scam @ Oct 11 2012, 11:17 PM)
https://www.facebook.com/patlu?fref=tsGeneva Malaysia V2, more facts will be revealed soon...
Geneva Malaysia V2, more facts will be revealed soon...
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Oct 11 2012, 11:46 PM
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#1
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Oct 12 2012, 10:35 AM
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#2
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Oct 12 2012, 10:43 AM
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#3
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Very silly statement:
Jenny Lim Say Hwa Genneva got their gold ONLY from local banks. What could you do when bnm ordered the banks to stop the supply to them. Genneva had no choice but to get from other sources even they had to pay a higher price. Normally the gold will be in the hand of customer in between 2 to 3 weeks if no problem. When the news on the 77 blacklistedcompanies came out, alot of customers got panic and started to sell back their gold. It was so huge that the company had to liquidate the gold in order to pay back. Du Edward Chan Wai Thim Sorry arrr.. Jenny Lim Say Hwa. Just need to say a few words here. Normal for gold to reach you in 2 to 3 weeks due to "Shortage".. but in your next statement, you contradict yourself "gau gau" la. Genneva cannot get buy back cheques in time because too many people sell back the gold to Genneva!.. Then there should not be a delay in delivery of gold! Take those sell back to resell to the new buyers. THAT IS gold TRADING. Where are all the "sell back" gold?? |
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Oct 12 2012, 10:50 AM
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#4
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Oct 12 2012, 11:11 AM
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#5
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QUOTE(Clement1001 @ Oct 12 2012, 10:56 AM) I have the feeling that the actual culprit of all these raid is well plan by the GENNEVA directors them-self. And maybe if dig deeper, we may find out why Rosmah attend their CONvention. With Mahathir involve and the UMNO youth helping the Genneva CONsultant.They knew they can't sustain anymore when they notice their continuation of new members are dropping. And they only recently offer a new package of of higher interest/month and whoa-la raid came in . They might have been called up all their close politician dato's investor and shift the money elsewhere before it all started ! They are one hell of a smart team !!! We got another big conspiracy going, bigger than C4 and submarine. |
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Oct 12 2012, 12:11 PM
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#6
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QUOTE(terry8 @ Oct 12 2012, 12:02 PM) In order to make money you have to buy and sell at the right time. Genneva never made any money buying and selling gold- all their happy customers are the one making the money. From Aug 2011 to Aug 2012.Also I I have a historical chart and go backwards in time I don't need to be a genius to make money. All this chart tells you is that gold prices went up a lot in the past - it does not tell you exactly how it will behave in the future. Of course if you have spare cash and don't need put food on the table and pay electricity bill you can buy gold and keep for a few years. Good chance (no guarantee) to make money but buy from Maybank or public bank or uob bank lah Added on October 12, 2012, 12:04 pm It's the psychological aspect of this case which intrigues me. I must say I am learning a lot here about human behaviour Gold price remain stagnant about USD1600. So to speak there won't be much profit from trading gold. Yet Genneva can still gives out Hibah and commission. From Aug 2010 to Aug 2011. The price of gold from 1188.50 to 1623.00. The gain is 36.55%. However Genneva must make at least 100% profit if they are able to make the company sustainable. |
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Oct 12 2012, 12:26 PM
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#7
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Oct 12 2012, 12:54 PM
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#8
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Oct 12 2012, 12:58 PM
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#9
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Oct 12 2012, 01:43 PM
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#10
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Oct 12 2012, 03:49 PM
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#11
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QUOTE($Dream$ @ Oct 12 2012, 03:39 PM) but no Zeti inside yr list, tats the problem.. My best property ROI is already 27% by receiving rental only.i watched all the Genneva 'investor's' video interviewing by Utusan and 1 english media (forgot the name),it's very touching the story behind everyone of them, i felt sympathy to them as they put all their savings and $$ into this Genneva. But the truth is, 24% annual return is too good to b truth and if it's truth, Warren Buffet is no longer need to look for his successor, Malaysia EPF can put all the fund into Genneva, i can quit my job liao. The rest just above 10%. One even broke even. Genneva is GOD like, can achieve a minimum 140% ROI. |
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Oct 12 2012, 04:25 PM
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#12
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Oct 12 2012, 10:39 PM
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#13
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Oct 12 2012, 11:01 PM
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#14
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OMG, /K/ trolls up their level.
QUOTE Dear Editor, I am responding to the writer's comment on "Gold raid long overdue" http://thestar.com.my/news/story.asp?file=...15862&sec=focus BNM did raid Genneva in the exact same location in 2009. What is the outcome? Why the delay in conviction, if any? BNM has now taken away a second mass of gold. Who is responsible to account for all this gold in custody? This gold rightly belong to unassigned purchasers, not the company. The writer was clouded by his perception of the biz after spoken to by a rookie consultant. Apparently, his past experience in a financial institution dominated his thinking cap. Unfortunately, many are like him, are stifled by the past and refusing do some homework and probe further. Let us use an analogy of a unique experience...child birth pain. Who do we seek answers from about this experience? A young unmarried girl, a grandma or a woman who had just delivered a baby? The answer is obvious. But unfortunately, some are stuck to "grandma" experiences in changing times. Instead of seeking answers, he chose to jumped to conclusion. Similarly, the authorities raided this company, merely based on getting complaints. ...from whom?..not customers but potential "women who are going to deliver"! BNM is to protect customers', and perhaps public, interest. Is their action getting that effect? in fact through no fault of the company, BNM has inflicted the very pain it wants to avoid to over 60,000 customers and their families. It was an unjustified act based on unwarranted complaints from POTENTIAL BUYERS, it says! Why not conduct a random interview of buyers before this callous infliction on the innocents, Genneva's biz model is a unique, legal biz transaction, perhaps it is beyond the comprehension of some. Which company wants to openly declare how profits are made. That's a closely guarded secret biz strategy. The company has explained that it is from margins and its gold holdings. If you can't figure out the mechanism, that's your limitation. I am prepared to share it, but privately. Meanwhile, Customers like me have enjoyed 32months of the Discretionary Hibah ( can be seen as discounts) without a qualm. The 'discount' payment is spread over a contracted period of time. Like all businesses., this payment is purely based on TRUST, and TRUST, Genneva has delivered, until this raid on 1 Oct 2012. Genneva has a symbiotic relationship with customers. it cannot survive, like any other biz, without customers. The authority has perhaps unknowingly, severed that link by taking Genneva away, causing mounting hardship to Employees, consultants, purchasers and their dependents. Please avoid this and expediently work to clear whatever suspicion there is but source your answers from the " young mothers". The authorities need to pursue diligently to regulate gold trading in order that the legitimate ones can thrive well for the benefit of the economy and its people. Thank you, Helen Ong P.S. I sincerely hope my sharing is published so that criticisms are fairly leveled. Grandma now can give birth. |
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Oct 18 2012, 11:05 AM
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#15
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Oct 18 2012, 01:41 PM
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#16
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Oct 18 2012, 08:11 PM
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#17
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QUOTE(EddyLB @ Oct 18 2012, 07:42 PM) During that time, bank negara hasn't even listed Genneva in the blacklist. Those pro-genneva people has the advantage to call us lie --> "authority still allow us operate business why you all KPC ?" You bo jio. Nowadays all the pro-genneva people don't dare to come in already. And only you guys come and join in a "sure-win" debate ? I spotted another ponzi scheme in the making. Shall I start a thread and you join in to discuss? |
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Oct 19 2012, 09:03 AM
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#18
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Oct 19 2012, 09:37 AM
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#19
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QUOTE(babycherie @ Oct 19 2012, 09:20 AM) My mom say bank negara won't unfreeze the gold back to buyer. Bank Negara having all the gold is actually a lie lah.they need to protect the legal bank. Pity those whim throw those life saving in this Ponzi scheme. In this case,you can see Malaysia got a lot rich fags. Aunts and uncle throw like 200-500k to them. Gee.. How they got so much money.. People will continue to support Genneva at the hope of getting their gold back. Just to add, being legal need to pay fees to the government. The fees are use to protect the public. |
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Oct 19 2012, 02:56 PM
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#20
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QUOTE(EddyLB @ Oct 18 2012, 08:34 PM) Come, join here.http://forum.lowyat.net/index.php?showtopic=2554511 |
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