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 Genneva Malaysia V3, Raided on 1st Oct 2012.

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SUSgogo2
post Oct 31 2012, 09:47 AM

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QUOTE(rexis @ Oct 31 2012, 09:26 AM)
That's just my opinion(too), seriously I do not think God works that way. When it is wrong, it is wrong. God answer your prayer in unexpected ways, but for sure He will answer your prayer, God do not magically bring cooked food onto your table, He make you work hard in the field.

Or by making you realized that you are cheating money by sending in BNM angels to take away all the illegal money.

Also, I think that misusing God's figure for own personal benefit is a sin.

But oh well, maybe that's just me, maybe their Gods work with different method.

Fengshui.......... no opinion on that.  sweat.gif
*
Just as we talk about it. Ramadas post this in their GMS fb page:-

Let's pray sweat.gif

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Akonn
post Oct 31 2012, 09:55 AM

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QUOTE(gogo2 @ Oct 31 2012, 09:09 AM)
Oh, you did read my message before I delete it. I was thinking I might riled up some religious people and getting death threats. LOL.

Oh by the way, they are summoning Fengshui Sifu now:-
When I read that, I want to drop off my chair.  sweat.gif
*
Would God promote a massive ponzi scam such as this and cause so many people to suffer?? I thought she was a good Catholic (saw all the holy pics in the Al-Jazeera interview). Since when did she turn into a heretic and summon Feng Shui sifu???
smartly
post Oct 31 2012, 09:58 AM

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rexis
post Oct 31 2012, 10:10 AM

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QUOTE(Akonn @ Oct 31 2012, 09:55 AM)
Would God promote a massive ponzi scam such as this and cause so many people to suffer?? I thought she was a good Catholic (saw all the holy pics in the Al-Jazeera interview). Since when did she turn into a heretic and summon Feng Shui sifu???
*
Is a good Catholic always a good person? If a person go deep in religions thing have to be a good person? I do not think there is an absolute answer.

The problem with religious people is that when they label their action with their God's symbol, they have to be right, regardless whether its right or wrong, logical or illogical.

A Catholic with a Fengshui sifu..... that's a killer combination.
debbierowe
post Oct 31 2012, 10:11 AM

so fast 6 stars di...
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QUOTE(Akonn @ Oct 31 2012, 09:55 AM)
Would God promote a massive ponzi scam such as this and cause so many people to suffer?? I thought she was a good Catholic (saw all the holy pics in the Al-Jazeera interview). Since when did she turn into a heretic and summon Feng Shui sifu???
*
problem is they dont think its ponzi (yet) or they never will


Added on October 31, 2012, 10:19 am
QUOTE
Sunny Theng Well I really wish the BNM and authority do thing fast to return the gold and money back to the investors faster possible not just talk only but without action , cos their money are all hard earn money not like those corrupted political leaders their money are all took from the rakyat
I wish all our Malaysians from this GENNEVA lesson learn to be smart dont get into this type of scam plan again and again since start from the Century Diamond till now this GENNEVA . genneva plan really too sweet to be known can invest in gold really make so much ? in very short time I doubt !wake up !
Those day friend brought me to Century Diamond their promoters really can well talk to make people fall in their planed DREAM . GENNEVA have a sweet plan and contract to make people to fall into it dream too.

Terrence Tan Sunny, mind your words.. go and study and read previous post b4 u post any comments here.. ur comments made u like a kid.. we are buying and selling gold, not investment. This has been stated clearly on all press media on 27th Feb 2012.

still want to play bodoh
fuahhh.. i got 1 mutual friend with that terrance..

This post has been edited by debbierowe: Oct 31 2012, 10:19 AM
SUSgogo2
post Oct 31 2012, 10:36 AM

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QUOTE(Akonn @ Oct 31 2012, 09:55 AM)
Would God promote a massive ponzi scam such as this and cause so many people to suffer?? I thought she was a good Catholic (saw all the holy pics in the Al-Jazeera interview). Since when did she turn into a heretic and summon Feng Shui sifu???
*
Not sure. Maybe admin is few person where Pat Lu is only one of them brows.gif

Anyway, someone posted this:-
QUOTE
Rosa**** ******muthu

GENNEVA EQUALS GOLD. GOD IS WITH THEM.

LETS ALL PRAY FOR THE WONDERS OF THIS COMPANY BCOZ THEY HAVE BEEN HELPING SO MANY FAMILIES TO LIVE A NORMAL LIFE. GOD BLSS THEM


First glance, I thought she wrote:-

GENNEVA EQUALS GOD.

I can see how near is GOLD to GOD. Just 1 letter different rclxms.gif
arubin
post Oct 31 2012, 10:36 AM

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QUOTE(debbierowe @ Oct 31 2012, 10:11 AM)
problem is they dont think its ponzi (yet) or they never will


Added on October 31, 2012, 10:19 am
still want to play bodoh
fuahhh.. i got 1 mutual friend with that terrance..
*
Its like many of us have said - if they are truly a bona-fide gold trader, they will be looking to buy gold at the lowest possible price (obviously not Genneva's) and holding it to sell at a higher price later. The more sophisticated traders might even attempt to short sell if they can predict market trends.

If there's such nonsense as 'hibah' and 'buyback' that gives them guaranteed fixed returns, its not gold trading anymore. Simple as that. I won't accept any argument that the hibah and buyback is not guaranteed. Their dependence on it proves otherwise. Its only been 1 month and already they're complaining that they cannot pay their bills? rolleyes.gif

This post has been edited by arubin: Oct 31 2012, 10:37 AM
scorpio55
post Oct 31 2012, 10:40 AM

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QUOTE(arubin @ Oct 30 2012, 11:19 PM)
At least Madoff victims got some of their money back in the end. Even the victims of Charles Ponzi got back 30 cents per dollar. Bestino victims got nothing so far. Not quite sure why BNM is still hanging on to the gold and monies unless the court case isn't over yet.
*
BESTINO money collected is RM411,000,000. BNM seized about RM24,000,000.
If not mistaken, BESTINO was all about buying Certificates of Ownership of gold, OR buying preference shares in their gold mining company, so no gold was seized as there was none.
So in final distribution investor will recover about 24/411 or 6 sen in the ringgit.
Is this a foretaste of what the Genneverians can expect?
debbierowe
post Oct 31 2012, 10:41 AM

so fast 6 stars di...
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QUOTE(arubin @ Oct 31 2012, 10:36 AM)
Its like many of us have said - if they are truly a bona-fide gold trader, they will be looking to buy gold at the lowest possible price (obviously not Genneva's) and holding it to sell at a higher price later. The more sophisticated traders might even attempt to short sell if they can predict market trends.

If there's such nonsense as 'hibah' and 'buyback' that gives them guaranteed fixed returns, its not gold trading anymore. Simple as that. I won't accept any argument that the hibah and buyback is not guaranteed. Their dependence on it proves otherwise. Its only been 1 month and already they're complaining that they cannot pay their bills? rolleyes.gif
*
those nonsense r full of sense for the buyers and consultants in their own world, how many attempts over attempts to tell them still they call ppl stupid/it's 2012 now hello/get some education/katak bawa tempurung/u is BNM's dog?/God will punish u/ and the latest - U ALL Wankers!!!

and i think those cannot pay bills, and all the sob story only to pressure BNM to unfreeze the account and in hope to get back whatever left for them la... i think life still goes on with all of them one... just burn a big hole in pocket/bank account thats all
Desvaro
post Oct 31 2012, 10:42 AM

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QUOTE(debbierowe @ Oct 31 2012, 10:41 AM)
those nonsense r full of sense for the buyers and consultants in their own world, how many attempts over attempts to tell them still they call ppl stupid/it's 2012 now hello/get some education/katak bawa tempurung/u is BNM's dog?/God will punish u/ and the latest - U ALL Wankers!!!

and i think those cannot pay bills, and all the sob story only to pressure BNM to unfreeze the account and in hope to get back whatever left for them la... i think life still goes on with all of them one... just burn a big hole in pocket/bank account thats all
*
I'm just glad all this talk is done on FB, not in person.

If someone were to tell me in real life that Genneva can be compared to Poh Kong etc, I swear I will roundhouse kick the person.


Added on October 31, 2012, 10:43 am
QUOTE(scorpio55 @ Oct 31 2012, 10:40 AM)
BESTINO money collected is RM411,000,000. BNM seized about RM24,000,000.
If not mistaken, BESTINO was all about buying Certificates of Ownership of gold, OR buying preference shares in their gold mining company, so no gold was seized as there was none.
So in final distribution investor will recover about 24/411 or 6 sen in the ringgit.
Is this a foretaste of what the Genneverians can expect?
*
Apparently Genneva collected 3 billion, but assets were only 1 million (not sure how true this is though).

You do the math if it's true.

This post has been edited by Desvaro: Oct 31 2012, 10:43 AM
KentPhan
post Oct 31 2012, 10:47 AM

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QUOTE(debbierowe @ Oct 31 2012, 10:11 AM)
problem is they dont think its ponzi (yet) or they never will


Added on October 31, 2012, 10:19 am
still want to play bodoh
fuahhh.. i got 1 mutual friend with that terrance..
*
"..we are buying and selling gold, not investment..."


Take this as a challenge - who can re-wash GMS' mind ! icon_question.gif

The statement is a firmware in their brain.

I doubt the best motivator in the world can do so!
SUSgogo2
post Oct 31 2012, 10:47 AM

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QUOTE(Desvaro @ Oct 31 2012, 10:42 AM)
I'm just glad all this talk is done on FB, not in person.

If someone were to tell me in real life that Genneva can be compared to Poh Kong etc, I swear I will roundhouse kick the person.


Added on October 31, 2012, 10:43 am

Apparently Genneva collected 3 billion, but assets were only 1 million (not sure how true this is though).

You do the math if it's true.
*
Haha, you remind me of this discussion in their GMS facebook:-
QUOTE
룽시
WHY they dont raid GOLD SMITH SHOP? PO KONG etc?
Like · · 17 hours ago
7 people like this..

Lie Sze Lee
Can you think before you post? You are disgracing fellow Gennevians
17 hours ago · Unlike · 2..

룽시
please explain
17 hours ago · Like..

Alif Zulfaqar Ishak
BECAUSE POH KONG NOT A BILLION RINNGIT COMPANY. GENNEVA IS A BILLION RINGGIT COMPANY/MONTH. SO BNM WANT GENNEVA MONEY AND GOLD FOR NEXT YEAR BECAUSE IT WILL BE A HIGHER INFLATION (MAYBE). BNM STILL WANT TO POINT GENNEVA'S FAKE MISTAKE TO TAKE GENNEVA'S BILLION RINGGIT MONEY AND GOLD. WHY ? NAJIB ALREADY PROMISED THIS AND THAT TO RAKYAT THAT HE WANT BUILD SOMETHING. ARE YOU KNOW "BR1M" ? YES MAYBE NAJIB JUST USED "DUIT PEMBANGUNAN" TO FEED US AS 'RAKYAT' TO 'UNDI' BARISAN. SO (MAYBE) BNM JUST SAID TO NAJIB "ALAMAK DATO SERI, DUIT PEMBANGUNAN DI BAWAH TARGET NI DATO, SEBAB DATO DAH GUNA BANYAK SANGAT DUIT PERUNTUKAN NI. BAGAIMANA DATO. BANK DUNIA PUN DAH KURANGKAN PERUNTUKAN UNTUK KITA.?" DATO SERI SAID " MY WIFE JUST SAID THAT SHE ALREADY LAUNCHED A BILLION RINGGIT COMPANY A MONTH. MAYBE IF THERE ANY MISTAKE YOU CAN 'RAMPAS' ALL THE GOLD AND MONEY TO USE OUR "PEMBANGUNAN" ESPECIALLY IN SABAH" BNM JUST DO THEIR JOB. BNM JUST ROB GENNEVA COMPANY, BESTINO COMPANY, CAESAR GOLD COMPANY etc. FOR WHAT . MAYBE FOR "PEMBANGUNAN / INFLATION / OTHERS". I'M SORRY, I JUST GAVE YOU SOME EXPLAINATION FROM MY OWN BRAIN. (NO COMMENT PLEASE).
16 hours ago · Edited · Like · 4..

룽시
i really wish LIE SZE LEE can make some comment here. i am okay. but alif.. dont worry. i wont shoot u
15 hours ago · Like · 1..

Jamie Carr
Because when you buy gold in Po Kong, you get your gold IMMEDIATELY. But in Genneva you signed a S&P Agreement.
14 hours ago · Like · 2..

Jamie Carr
Shoot please.
14 hours ago · Like · 1..

Horace Bong
where to shoot ?
12 hours ago · Like..

Abdul Said
go buy bullion in gold smith shop. Pay so much but can't even touch yr own gold, unwrap packing ad price drop.
11 hours ago · Like..

Thomas Tham
WTF
11 hours ago · Like..

Jamie Carr
Horace, you are more shallow then I thot. hahaha
11 hours ago · Like

Dan01
post Oct 31 2012, 10:54 AM

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QUOTE(arubin @ Oct 30 2012, 11:19 PM)
At least Madoff victims got some of their money back in the end. Even the victims of Charles Ponzi got back 30 cents per dollar. Bestino victims got nothing so far. Not quite sure why BNM is still hanging on to the gold and monies unless the court case isn't over yet.
*
BNM freeze Bestino local assets rm 24 mil. Court case over then only can give the money.

But Bestino has 180mil usd in a hong kong bank, that bnm did not freeze.

Bestino lied to their investors or say half truth, they made a statement say need green light from BNM to give money back.

BNM came out with the statement that Bestino can give the money back from the HK bank, it is not freeze.

Bestino is asking BNM help to get the HK money.

So far BNM has negotiate or pressured the bestino to agree to give back the money to investors.
My guess is BNM can only negotiate or pressure bestino and cant actuallt force bestino, since the HK money is not under bnm control.

scorpio55
post Oct 31 2012, 10:59 AM

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QUOTE(sHsIkuA @ Oct 31 2012, 09:28 AM)
iran with 18%  rclxms.gif
*
Yes, 18% in Iran.
BUT with hyperinflation of 50% after the UN economic embargo.
debbierowe
post Oct 31 2012, 11:04 AM

so fast 6 stars di...
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QUOTE
Mohd Sani
BNM perkara yang sepatutnya dilakukan, tidak dilakukan (Wang Haram UMNO Sabah), namun perkara yang tidak sepatutnya dilakukan , dilakukan (Genneva Malaysia): Semuanya menyusahkan Rakyat


ini unker.. one day macam ok, normal, sanity ada... then suddenly say thing like sot sot dei also
acougan
post Oct 31 2012, 11:12 AM

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all those victims who claim they are pure gold traders should return all the discretionary hibah they have received over the years into a fund (especially if they are still holding the goldbars). then they can form a committee to manage the fund to help those victims who got burnt most (no money, no goldbars)

share the wealth, share the pain.
Dan01
post Oct 31 2012, 11:15 AM

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QUOTE(scorpio55 @ Oct 31 2012, 10:40 AM)
BESTINO money collected is RM411,000,000. BNM seized about RM24,000,000.
If not mistaken, BESTINO was all about buying Certificates of Ownership of gold, OR buying preference shares in their gold mining company, so no gold was seized as there was none.
So in final distribution investor will recover about 24/411 or 6 sen in the ringgit.
Is this a foretaste of what the Genneverians can expect?
*
Genneva case is different. GM customers have the physical gold. Not sure how many in terms of percentage.


debbierowe
post Oct 31 2012, 11:15 AM

so fast 6 stars di...
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QUOTE(acougan @ Oct 31 2012, 11:12 AM)
all those victims who claim they are pure gold traders should return all the discretionary hibah they have received over the years into a fund (especially if they are still holding the goldbars). then they can form a committee to manage the fund to help those victims who got burnt most (no money, no goldbars)

share the wealth, share the pain.
*
no such committee... but the rich ones did setup a committee to put all blames on BNM so that their remain wealth not threaten. laugh.gif
arubin
post Oct 31 2012, 11:22 AM

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QUOTE(Desvaro @ Oct 31 2012, 10:42 AM)
I'm just glad all this talk is done on FB, not in person.

If someone were to tell me in real life that Genneva can be compared to Poh Kong etc, I swear I will roundhouse kick the person.
Oh hi Chuck Norris, nice to meet you. notworthy.gif
prophetjul
post Oct 31 2012, 11:37 AM

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QUOTE(Akonn @ Oct 31 2012, 09:55 AM)
Would God promote a massive ponzi scam such as this and cause so many people to suffer?? I thought she was a good Catholic (saw all the holy pics in the Al-Jazeera interview). Since when did she turn into a heretic and summon Feng Shui sifu???
*
Pat Lu's no christian...shes got all the idols in her FB page

http://www.facebook.com/#!/patlu?fref=ts



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