Ho, I missed this as I decided to bum around for much of Tuesday. Y'know, just to take advantage of it being a holiday and all...

Sarcasm aside, its pretty much obvious to anyone following this thread in detail that both Akonn and I have different writing styles as well as differing perspective on things.

We have no reason to dupe here. What purpose would that serve?

Btw, just how much $ did this Allan put in to get 7 iPads?

This post has been edited by arubin: Jan 2 2013, 10:56 AM

It seems somebody has linked to the Genneva Disgruntled Customer Group on the GMS page itself. Hey someone actually quoted me on the disgruntled group. I'm flattered.

https://www.facebook.com/pages/Genneva-Disg...162867987187986

They have also accused banks of being unsustainable for the same bullshit reasons.

You try to accuse them back of being unsustainable by leveraging their gold investment and they go all batshit on you. The hypocrisy runs deep in GMS.

Well, I'm no expert but my understanding is that all legal fees pertaining to the recovery and disbursement of the funds seized from such schemes are usually paid from the pool of recovered funds itself. If there's not even enough money to pay the lawyers, than its regarded as not worth the effort to recover and disburse anything at all.

If you got relatives or friends working in KPMG or PWC who actually reveal anything to you, than they shortly won't be working in the company any more, will have to pay huge fines, and might even face jail time. Secrecy and non-disclosure agreements are binding for a lifetime. You are not allowed to reveal confidential information even after you have left the company.

They've become desperate enough until they don't even care if they get other people in trouble...

Not public money, but it is their money that will be used to foot the bill.

The irony behind it all is the less they cooperate, the harder it is resolve the case. The longer the case drags on, the higher the fees of the lawyers and the accountants and that shrinks the pool of funds even further.

So yeah...drag the case out folks. You are the ultimate losers in the end.

Meh, I'm pretty much sick of hearing their nonsense about sustainability. It IS an issue. Period. If it isn't, than Madoff's fund as well as the original scheme by Charles Ponzi would be legal. Genneva, Madoff and Ponzi all have that in common.

Edit: Btw, The Edge has better English interpretation of the article in Nanyang.

http://www.theedgemalaysia.com/highlights/...ets-rm111m.html

This post has been edited by arubin: Jan 2 2013, 07:01 PM

Oh, I would like to propose an addition to the Genneva vocab,

Shereen - to prattle incessantly on nonsensical and unrelated topics.

eg. Wahliao! That lecturer shereen until I beh tahan and feel asleep in class.

This Andrew is seriously off his rocker. Yes, they can easily ban you from their FB page. No, they do not need to explain themselves. Spam is not welcome. It distracts from their ability to respond to valid queries. Furthermore, if BNM chooses to make an issue of it, they can report the incident to Facebook who will proceed to ban your individual accounts as well for harassment.

As for BNM staff being sympathetic...HAH! You guys vilify them on GMS all the time, painting them out to be incompetent or useless. Do you really think any of them will be sympathetic to your cause? For that matter, whoever has to handle the customer support are merely doing their jobs and they certainly don't appreciate being harassed or abused by a bunch of inconsiderate fools yelling at them for something they have no control over. You have been warned before to stay focused and not let this get personal. You reap what you sow. You have no friends within BNM.

So go right ahead. Waste everyone's time and piss off the staff at BNM even further. See where that gets you.

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Added on January 2, 2013, 9:55 pmAnd so the trolling begins. This guy has started to post replies to almost every recent wall post on BNM's FB page.

https://www.facebook.com/phelephe.pepe.9

Sigh...some idiot hiding an anonymous identity...

This post has been edited by arubin: Jan 2 2013, 09:55 PM

What? Resident legal expert, Dee Casey, has nothing to say about this? He can't even spot what is wrong with that statement?

Do you really think the directors are allowed to keep things secret and bring it out last minute in court? Are you even aware of what the rules are concerning the presentation of evidence in a court case? You don't even really need to be a legal expert to know. There have been so many tv series about law that I'm pretty sure you should be familiar with the concept by now.

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Added on January 3, 2013, 12:54 amYeah, even I was a little confused as to which side he was on at first. He's so good that he even got Horace to like his posts.

Dee is just stalling. He's the one who was pushing and suggesting that GMS folks make the police report. If even he fails to make a successful one, his credibility as the group's 'legal expert' as well as the morale of GMS will take a tumble. This is why he's putting out that cheap excuse of not wanting to be hurried and doing things at his own pace.

This post has been edited by arubin: Jan 3 2013, 12:54 AM

I just went through that post. Julie's reply says it all.

Joke of the day:
Q. According to the good folks at GMS, what do the directors of Genneva have in common with a nervous male virgin?

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Added on January 3, 2013, 10:52 amBtw, has 恩恩 been banned from GMS? Is she a genuine victim or was she cooked up by one of you guys?

This post has been edited by arubin: Jan 3 2013, 10:52 AM

Pretty quiet now on the GMS front. After all, the 90-day self-imposed deadline has passed and absolutely nothing has happened aside from both Dee and Andrew blowing their tops and going mental. I wonder what the steering committee are up to right now. There needs to be some damage control and fast. Looks like people are getting impatient.

Ho-hum, I'll bet there will be last minute notifications that it has been called off and postponed to some future unspecified date for some bullshit unclear reason.

He is? Where did you get that info from? I wonder if he as advised any of his customer to take out a loan to buy gold from Genneva. I wonder how his clients feel about it now, having to pay interest but no more heebah. Could be the reason for his temper is that he kena harass by them all day.

This post has been edited by arubin: Jan 3 2013, 03:52 PM

Oh man, I just went through that whole post history regarding 恩恩 and I have to say that if she is a genuine victim, than that Andrew is one rude S.O.B.

Edit: Wait a minute, she worked for Berkshire Hathaway? Warren Buffet's investment company? OK, now I can see how she has hundreds of thousands to invest in Genneva. What I don't get is...how the heck could she be gullible enough to do so?

Unless she's bullshitting on her FB...quite a lot of people seem to be doing that these days...


...530k?!? Well, that's now.

This post has been edited by arubin: Jan 3 2013, 04:12 PM

Oh dear...licensed by Bank Negara. Didn't BNM say that they'll be going after the consultants who are involved in the finance industry? Something about suspending their licenses?

Maybe that's why he doesn't dare to show his face at BNM. Once they find out what his occupation is, its going to get real ugly.

Actually, I would say that all of them are victims to some extent, aside from those who have been in the scheme long enough to have recovered their original investment and than some.

However, I find it hard to sympathize with this guy. You try debating him logically and sooner or later he'll flip his circuits. Than again, we're not the ones with any money at stake which is why we can approach this situation so objectively. He's rather more emotionally vested.

Even so, that does not excuse the rude exchange he had with 恩恩. It looks like she's a genuine victim. She reached out to him for help and he just rebuffed her and insulted her on top of that. He was the one made the initial suggestion to go to BNM HQ after all. Later on, he claims that he can't go because the steering committee told him not to. If so, than why even post the suggestion in the first place? What is he playing at?

Alfred, why you so blur wan? Genneva has no investors. They are bona-fide gold traders.

If you ask me, there's something distinctly fishy about this offer. They are offering to help people get their money back in full. How is that possible based on the audit findings so far? If its genuine, I think its pretty safe to assume that the only way they can make up the shortfall in funds will involve the following:

- Suing the pants off the upline consultants.
- Targeting the personal funds of the directors
- Getting a priority claim ahead of everyone else who didn't sign up for this

The last is blatantly unfair to the rest, but its their own damn fault for not wanting to make a police report.

Oh, and hats off to Travis. I don't have so much time to waste trying to convince a horse that its thirsty.

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Added on January 3, 2013, 9:27 pm

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Added on January 3, 2013, 10:03 pm
Are these people for or against Dr. M? I is confused.

This post has been edited by arubin: Jan 3 2013, 10:03 PM

Andrew does seem to have disappeared though. Probably spooked that people seem to have his real life info.

Its getting pretty quiet on their FB page aside from Sani's rants. I wonder if they have all run off to some other secret online forum instead.

Haha, which joker posted Andrew's photo on GMS? Was that really necessary?