can definitely be in used when directors being charged?

and maybe it is a one way ticket, i was wondering people that make that kinda police report still got backdoor to go do 3rd party claim or not

by all means Casey and gang are running away and banned everything regarding 3rd party claim. it got me thinking from there on

Well, I actually kinda starting to feel sorry for even the GMS folks now. In all fairness, BNM should have provided some updates by now. Although those folks at GMS will likely ignore or insist that BNM are lying, I do believe that the victims who are not in the GMS camp at least deserve some news.

Well, talking bout updates... BNM has given like 4? or so.. their Directors? a few memos yea right, the last one on 5th December 2012 saying the 4000kg gold vs 143.7kg raided MAY not be correct and MAY be exaggerated

hopefully next update from BNM is charging the directors on court ... then see what memo they will be releasing...

and have any of you see what is the latest post on JR?

UPDATE ON JUDICIAL REVIEW: Appointment is being set up to present bad faith evidence by BNM to our legal counsel this week. The success of JR is soley dependent on YOU. We urge those who have yet to lodge police reports to do so immediately and email: gennevafamily@gmail.com ; more, http://bit.ly/12XTEEk and download police report template at http://bit.ly/Zc50y9

PLEASE NOTE: The number to call GMSB office is (03) 7980 9993 (Headquarters) and not (03) 7988 1313 (Marketing Dept). Other states, visit http://bit.ly/OE106Z

how nice... start a ponzi scheme and let the victims handle the money with the government, wash hand.. SOLEY ON U IDIOTS, GO BARK TO BNM FOR YOUR MONEY..

meanwhile the Directors and Families....

Rzkb : You have to realise that they are indeed political chamelons. When Dr M and Rosmah graced their events, they and the BN were adulated. When Najib received 2 letters from their consultants, he was idolised.

In fact, till now, Pat Lu (GMS Admin) STILL idolises Dr M despite her anti BN tendencies. Case of cognitive dissonance, perhaps?

However, when Najib saw the GMSB records proferred by BNM and all of it pointed to a Ponzi scam, he sent his deputies Awang Adek and Donald Lim to reveal the truth to the general public.

Thereafter, all three Ministers (and BN) were reviled and continue to be admonished by Pat Lu and gang.

After revealing much about the Genneva scam, BN CANNOT and WILL NOT back-track on the truth of the matter - however much Pat Lu and cronies threaten them about lost votes. It would be political suicide for BN if they do so. 60K victims vs millions. Who commands the majority?

And you can bet your bottom ringgit that PR will go to town if Genneva is released since investigations show that it is a Ponzi. In short, BN will not succumb to idle threats. GMSB is dead and buried - legally and in the court of public opinion.

If PR wins, you can also bet on them strictly adhering to the rule of law - more so than BN.

Either way, it is a win-win scenario for the public in that either political side will NEVER allow these scam artists to continue with their cheating ways - especially so when the can of accounting worms have been opened for all and sundry to see.

-------------

Debbie Rowe : UPDATE ON JUDICIAL REVIEW: Appointment is being set up to present bad faith evidence by BNM to our legal counsel this week. The success of JR is soley dependent on YOU. We urge those who have yet to lodge police reports to do so immediately and email: gennevafamily@gmail.com ; more, http://bit.ly/12XTEEk and download police report template at http://bit.ly/Zc50y9

My take on this?
1) Didn't Dee Casey state a month ago that they had already spoken to a "prominent legal firm" and the lead counsel there was in synch with their bad faith evidence?

My Q's :
a) Has the "prominent legal firm" dropped them like a hot potato after bearing in mind that the JR is a lost cause since there is no precedence of authorities being impugned by bad faith in Malaysia?
Also, BNM, CCM, Ministry of Domestic Trade, PDRM adhered strictly to the rule of law when there were complaints lodged about late deliveries (early signs of a Ponzi collapse). Also, the AG stated on the 3rd of October in a joint statement with PDRM & BNM - they had to act to protect future investors in the principle of public interest.

b) Has a new legal firm been engaged? Who are they? Who is "setting the appointment this week"? Are they aligned to GMSB which would be a conflict of interest? And how much do they charge? Are legal fees being arranged to be collected? Or are the Directors/cronies paying the legal fees? Can the victims meet them this weekend at the GBEAM office (after the touted appointment) to discuss the JR filing,legal strategies, costs et al?

c) Why the need for police reports when there are no case precedents of "judges being impressed by the number of reports"?
I also disagree with Pat Lu's imperious statement in her haste for the victims to lodge more police reports - "The success of JR depends solely on YOU". The success depends on how the judge views it based on precedents, rule of law and public interest.

d) In lodging the police reports,will the Doctrine of Estoppel jeopardise the victims claims thereafter?

e) Why has the 31/1/13 police report deadline been extended?

f) Why does Pat Lu need the victims' police reports e-mailed to her? And for what purposes?

g) The police reports the victims have lodged contain this attestment :

"...© GMSB is syariah compliant and as far as I know the company has not been issued with any show-cause letter by the relevant issuing authority as to why that status should not be revoked;
(d) there were correspondences between GMSB and the Bank Negara Malaysia (“BNM”) which provided evidence that BNM was at all times aware of GMSB’s gold trading business and that BNM had, by its acts or omission, given GMSB tacit permission to conduct and carry out its trade as per business model which GMSB has declared to BNM".

Are the victims aware that no show cause letter was sent? Did the victims see the correspondences between GMSB and BNM? Are they in jeopardy of lodging false police reports in the event they did not do so? Were they prompted, coerced, forced,threatened (by abandonment) by Pat Lu and Dee Casey in lodging these police reports?



Initial investigations declared by BNM reveal that there were legal contraventions - illegal deposit taking, money laundering, illegal appointment of agents (consultants), tax evasion, non-submission of audited accounts et al. BNM has already informed the victims to stake a 3rd party claim which will be disbursed at the court's discretion. Make no mistake about it, GMSB and their cheating Directors will be charged. And the AG has up to 1st October this year to do so.

In the meantime, BNM, PwC & EY are given more width to continue the forensic accounting investigations to determine the money trail and the stealing purportedly conducted by the Directors. This takes a lot of time as they have to deal with international authorities.

Back at the ranch, I foresee Pat Lu continuing to stall the victims in the JR filing as they pursue their more important task of getting as many police reports as they can.

According to Awang Adek, there are about 8K victims who didnt receive gold/money. And the numbers who have thus far said "yes" to police reports in their posts are about 100.

So, it looks like Pat Lu and gang are gonna take a long time to dupe the remainder 7900 victims into lodging reports.

Pat Lu mentioned that they are not reaching out to many victims in their GMS page and hence, the need for a "Help Desk", led by the subservient and generally clueless KE. And also generously funded by their cash-rich ally in Gold Beam in duping more to lodge police reports.

In the meantime, stay tuned to Pat Lu cooking up various other creative lies to appease the rest in their long wait to a "JR filing".

But knowing the sheep as they are, there will not be any more protests to wait lest they be labelled trolls,BNM agents,anti Genneva "unity" etc...lol. Pat Lu has schooled them in atypical Dr M autocratic way.

I do have some sympathy for the customers who are financially illiterate and old, but I've absolutely no pity for the scum of the earth consultants who are bloody greedy and selfish. Some of whom reportedly told these victims that "hibah will be paid" because it has always been paid "historically" despite hibah being discretionary. And that the buy-back is guaranteed - despite it not being so.

Rzkb : You have to realise that they are indeed political chamelons. When Dr M and Rosmah graced their events, they and the BN were adulated. When Najib received 2 letters from their consultants, he was idolised.

In fact, till now, Pat Lu (GMS Admin) STILL idolises Dr M despite her anti BN tendencies. Case of cognitive dissonance, perhaps?

However, when Najib saw the GMSB records proferred by BNM and all of it pointed to a Ponzi scam, he sent his deputies Awang Adek and Donald Lim to reveal the truth to the general public.

Thereafter, all three Ministers (and BN) were reviled and continue to be admonished by Pat Lu and gang.

After revealing much about the Genneva scam, BN CANNOT and WILL NOT back-track on the truth of the matter - however much Pat Lu and cronies threaten them about lost votes. It would be political suicide for BN if they do so. 60K victims vs millions. Who commands the majority?

And you can bet your bottom ringgit that PR will go to town if Genneva is released since investigations show that it is a Ponzi. In short, BN will not succumb to idle threats. GMSB is dead and buried - legally and in the court of public opinion.

If PR wins, you can also bet on them strictly adhering to the rule of law - more so than BN.

Either way, it is a win-win scenario for the public in that either political side will NEVER allow these scam artists to continue with their cheating ways - especially so when the can of accounting worms have been opened for all and sundry to see.

-------------

Debbie Rowe : UPDATE ON JUDICIAL REVIEW: Appointment is being set up to present bad faith evidence by BNM to our legal counsel this week. The success of JR is soley dependent on YOU. We urge those who have yet to lodge police reports to do so immediately and email: gennevafamily@gmail.com ; more, http://bit.ly/12XTEEk and download police report template at http://bit.ly/Zc50y9

My take on this?
1) Didn't Dee Casey state a month ago that they had already spoken to a "prominent legal firm" and the lead counsel there was in synch with their bad faith evidence?

My Q's :
a) Has the "prominent legal firm" dropped them like a hot potato after bearing in mind that the JR is a lost cause since there is no precedence of authorities being impugned by bad faith in Malaysia?
Also, BNM, CCM, Ministry of Domestic Trade, PDRM adhered strictly to the rule of law when there were complaints lodged about late deliveries (early signs of a Ponzi collapse). Also, the AG stated on the 3rd of October in a joint statement with PDRM & BNM - they had to act to protect future investors in the principle of public interest.

b) Has a new legal firm been engaged? Who are they? Who is "setting the appointment this week"? Are they aligned to GMSB which would be a conflict of interest? And how much do they charge? Are legal fees being arranged to be collected? Or are the Directors/cronies paying the legal fees? Can the victims meet them this weekend at the GBEAM office (after the touted appointment) to discuss the JR filing,legal strategies, costs et al?

c) Why the need for police reports when there are no case precedents of "judges being impressed by the number of reports"?
I also disagree with Pat Lu's imperious statement in her haste for the victims to lodge more police reports - "The success of JR depends solely on YOU". The success depends on how the judge views it based on precedents, rule of law and public interest.

d) In lodging the police reports,will the Doctrine of Estoppel jeopardise the victims claims thereafter?

e) Why has the 31/1/13 police report deadline been extended?

f) Why does Pat Lu need the victims' police reports e-mailed to her? And for what purposes?

g) The police reports the victims have lodged contain this attestment :

"...© GMSB is syariah compliant and as far as I know the company has not been issued with any show-cause letter by the relevant issuing authority as to why that status should not be revoked;
(d) there were correspondences between GMSB and the Bank Negara Malaysia (“BNM”) which provided evidence that BNM was at all times aware of GMSB’s gold trading business and that BNM had, by its acts or omission, given GMSB tacit permission to conduct and carry out its trade as per business model which GMSB has declared to BNM".

Are the victims aware that no show cause letter was sent? Did the victims see the correspondences between GMSB and BNM? Are they in jeopardy of lodging false police reports in the event they did not do so? Were they prompted, coerced, forced,threatened (by abandonment) by Pat Lu and Dee Casey in lodging these police reports?



Initial investigations declared by BNM reveal that there were legal contraventions - illegal deposit taking, money laundering, illegal appointment of agents (consultants), tax evasion, non-submission of audited accounts et al. BNM has already informed the victims to stake a 3rd party claim which will be disbursed at the court's discretion. Make no mistake about it, GMSB and their cheating Directors will be charged. And the AG has up to 1st October this year to do so.

In the meantime, BNM, PwC & EY are given more width to continue the forensic accounting investigations to determine the money trail and the stealing purportedly conducted by the Directors. This takes a lot of time as they have to deal with international authorities.

Back at the ranch, I foresee Pat Lu continuing to stall the victims in the JR filing as they pursue their more important task of getting as many police reports as they can.

According to Awang Adek, there are about 8K victims who didnt receive gold/money. And the numbers who have thus far said "yes" to police reports in their posts are about 100.

So, it looks like Pat Lu and gang are gonna take a long time to dupe the remainder 7900 victims into lodging reports.

Pat Lu mentioned that they are not reaching out to many victims in their GMS page and hence, the need for a "Help Desk", led by the subservient and generally clueless KE. And also generously funded by their cash-rich ally in Gold Beam in duping more to lodge police reports.

In the meantime, stay tuned to Pat Lu cooking up various other creative lies to appease the rest in their long wait to a "JR filing".

But knowing the sheep as they are, there will not be any more protests to wait lest they be labelled trolls,BNM agents,anti Genneva "unity" etc...lol. Pat Lu has schooled them in atypical Dr M autocratic way.

I do have some sympathy for the customers who are financially illiterate and old, but I've absolutely no pity for the scum of the earth consultants who are bloody greedy and selfish. Some of whom reportedly told these victims that "hibah will be paid" because it has always been paid "historically" despite hibah being discretionary. And that the buy-back is guaranteed - despite it not being so.

yeah, it seems that they are kinda desperate... the point is, if i got to choose between the unknown and known devil, might as well i choose the known devil, at least the known devil is scared shitless now and at least try their best to please us and more cautious in corruption

if the country falls into the unknown devil's hand, with 'lulu' clan mentality, then we should brace ourselves since these folks are far more opportunistic, manipulative and overexcited devil who had not tasted power before

luckily, i see some sense in some folks here

my money is trapped in one of the other 3 smaller companies, just like to check this place and the gmsb for info and entertainment..i've already done what im supposed to do legally, now just waiting..and as for someone who asked me whom i will vote, still undecided, as i can see turds in both sides, the turds with less smell will be my final choice

those gms folks will get news much sooner than the other 3 smaller companies as BNM are putting most of their forces into GM investigation..quite unfair huh..

BNM also randomly calls customers to assist the investigation, per person can take up to 3 full days of questioning and verification, record taking...the amount of documents u need to sign also almost 4 times your normal home S&P documents..imagine doing that for 60k people, even 10% is a lot

This post has been edited by rzkb: Feb 20 2013, 01:29 AM

i am seriously impressed at what you wrote - the knowledge, effort n time to write all these. hope the affected really take a 5mins to read n digest especially the questions mentioned.


if signing the paperwork is difficult, wait til u see those guys that read, relate, analyze and summarize the whatever info u gave. it's tantamount. i do agree that it's unfair that GMS case is like potong queue, but that is where the biggest money gone. recovering this amount is alot, even for 10%.

BEWARE: This could just be another SCAM by GMS Lulu and Dee Casey to scam and siphon off more of Genneva's victims' money for the so-called 'LOST CAUSE' Judicial Review inspite of Dee Casey's promise that NO MONEY or financial contribution will be involved. The fact remains that their 'prominent lawyers' would indeed charge easily to the tune of RM200K or more with NO PROMISE that it will ever take off.

To victims who are keen to attend, please ask yourself this:

Why in the world would Pat Lulu organised this so-called briefing on "How to Get Your Gold and Money Back from BNM" for consultants and customers, 5 MONTHS after the raid?? The answer is simple - to squeezed more money out of gullible sheep.

Second, why must the customers/victims be responsible to fork out extra money to save the company when the directors themselves don't give a CRAP as to what happens to the victims or the company??

Did the GMSB directors/management supported or contributed a single sen for the JR?? If NOT, why??

So beware, its better to be safe than sorry!!! You have been warned.

This post has been edited by Akonn: Feb 21 2013, 02:13 AM

how to get your 4000 kg in gold & RM_billion of cash back from BNM raided RM99.8 million in cash and 126kg in gold?
- Special brought to you by Magic & SpinMaster Pat Lu & Son (DC superhero Dee Casey in pseudonym)
- via Facebook
- Special thanks to Mark Zukerberg

Anyway, these spinmasters already have a contingency scapegoat to blame if the JR cant see the light of day. Yup, they will shove all responsibility to the PROTEM COMMITTEE.

Poor Shanti, dreaming of driving a CEO car but all she will ever get is a Lulu nightmare!!

Darn, need to get more popcorn, Mengelembu groundnuts and a six-pack.....

This post has been edited by Akonn: Feb 21 2013, 09:28 AM

and ah huat bak kopee! (ah huat white coffee!) HUAT AHH!!

greediness comes with a great cost...
so whatssupps???
got your money back?

Dont demoralize Shanti, she still can drive like a billionaire boss..check out ingvar kamprad, the ikea boss car...

http://www.meetwiki.org/2008/10/top-10-bil...res-top-10.html

yeah, we're humans, very tempting to feel such a load of cash coming in every month..

ppl attended the event are more than those few who posted on FB.. many silent readers

https://www.facebook.com/photo.php?fbid=340...&type=1&theater

Interestingly still no update on this issue even by this GMS company.

I think even BNM unfreezes the gold the allow GMS cutomers to sell it, they will
lose money because gold has dropped back to last year lows.

This post has been edited by danmooncake: Feb 23 2013, 01:10 AM

I wonder if dee casey character showed up?

i more wonder anyone actually SEES...erm wait, it's a HE or SHE or WHAT?

As we suspected, Lulu and anonymous faceless ghost Dee Casey wants your money to chase that ever illusive JR. Now they are making it open to all (devious ah??) even those who have the gold in hand meaning they want 50 bucks from 60,000 customers (thats a cool RM3 million, babe). Of course NOT many will support this scam as all have lost their life savings or substantial amounts to the ponzi scheme. Only a handful of hardcore sheep will.

If you are thinking of contributing, first ask them, how much did the GMSB directors or management contributed?? And what did these directors do to save the company or bail out the victims who are in dire straits. After all 6 people have died (according to GMS). Have the directors and management of GMSB absolute NO sympathy or empathy for the 6 angels who have DIED because of their foul scam???

This post has been edited by Akonn: Feb 23 2013, 05:38 PM