That makes sense. Madoff wasn't guilty of either of those either. Neither was the original Charles Ponzi.

Looks like they are not off the hook just yet.

With a 3% monthly returns, now everyone can invest. They are performing better than Warren Buffet or George Soros.... no sh*t!!

Eh...now they will have new reason to ask people to part more money.

yup...

omg... 24-36% PA free ipad... !!!

Warren Buffett, eat my pants!

3% monthly = 36% yearly.


I can go borrow from bank let said 100million....bank charge me every year by 10% interest(very high liao)


I still untung ~ 26% interest of 100million = 26million !!!!!!!!!!!!without a sweat~


fark , quit my job liao dey~~~~~

i think this is a trollan... ? lol
later on when the account is unfreeze
now... the customers want back all their gold & money...
Genneva got none, (songlapped and laundered)
and they cannot use the "frozen"
and also. this is the Genneva v1 (where r the victims now since 2009? still want their money & gold or not? lol)

debbierowe tak mahu invest ka?

3% a month woi....mana mahu cari

Guys, the following is a serious proposal. Please PM me if you are interested

I will be starting a gold trading company based on Genneva model. As it is already proven by the court, the issue of illegality is out of the question.

1. Name of company : Zurich Gold Sdn Bhd (another city in Switzerland)
2. Paid up capital : RM100,000.00
3. No of shareholders : 5, each contribute RM20k
4. Expected time of operation : Aug 2013
5. Office : In Kuchai Lama or somewhere around there to cater to the convenience of Genneva's gold buyers

Business model

1. Selling physical gold
2. Guaranteed returned (verbal only) of 1.5%-3% pm depending on size of purchase
3. S&P Contract renewal every 3 months at prevailing rate

Those who are interested to be the shareholder and director of this new company kindly please PM me. I will only take in 4 shareholders. So first come first serve basis.

Again, it is a lucrative business. Not a ponzi scheme as validated by the Malaysian court. Shareholders are in for a obscene return in 3 years time as proven by Genneva. We are talking about hundreds of million here. Be quick !!

Cheers and have a blessed GOLDEN day !!

Notice of Appeal to be filed on Genneva Sdn Bhd Case


The company, Genneva Sdn Bhd, was charged in October 2010. The company was being investigated following complaints received from the members of the public. This is a separate entity from Genneva Malaysia Sdn Bhd (Genneva Malaysia), which is under joint investigation by Bank Negara Malaysia (BNM) and other relevant agencies. The investigation on Genneva Malaysia has now been completed and the findings are being submitted to the Attorney General Chambers (AGC).

The AGC and BNM are not satisfied with the decision by the Sessions Court to acquit Genneva Sdn Bhd and its directors today. The AGC has agreed for BNM to file the notice of appeal tomorrow.

BNM will also apply for the assets of Genneva Sdn Bhd to remain seized under Anti-Money Laundering and Anti-Terrorism Financing Act 2001 pending the appeal.

Bank Negara Malaysia
16 May 2013

http://www.bnm.gov.my/index.php?ch=en_pres..._medium=twitter

All hail the Genneva

This post has been edited by foxxy: May 16 2013, 08:06 PM

Like this can be reliable?

Nonono. That won't do. You need to add an extra letter.

Zurrich Gold Sdn Bhd.

That's the ticket.

Bern Gold Sdn Bhd is better..

This "Bern" pronounced as "BURN" is the CAPITAL city of Switzerland

buy this gold.. surely BURNT la ha ha ha ha..

like tat mau buy genneva liao la

This.

It also depends how competent the AG's lawyers are, at filing those charges..............not just the competence of the judge.

Guys, the following is a serious proposal. Please PM me if you are interested

I will be starting a gold trading company based on Genneva model. As it is already proven by the court, the issue of illegality is out of the question.

1. Name of company : FOOL's Gold Sdn Bhd (another city in another planet)
2. Paid up capital : RM500,000.00
3. No of shareholders : 5, each contribute RM100k
4. Expected time of operation : July 2013
5. Office : In Kuchai Lama or somewhere around there to cater to the convenience of Genneva's gold buyers

Business model

1. Selling physical gold
2. Guaranteed returned (verbal only) of 1.5%-3% pm depending on size of purchase
3. S&P Contract renewal every 3 months at prevailing rate

Those who are interested to be the shareholder and director of this new company kindly please PM me. I will only take in 4 shareholders. So first come first serve basis.

Again, it is a lucrative business. Not a ponzi scheme as validated by the Malaysian court. Shareholders are in for a obscene return in 3 years time as proven by Genneva. We are talking about hundreds of million here. Be quick !!

Cheers and have a blessed GOLDEN day !!

Guys, the following is a serious proposal. Please PM me if you are interested

I will be starting a gold trading company based on Genneva model. As it is already proven by the court, the issue of illegality is out of the question. (Please refer to Judge Rozana's ruling in The Star)

I know there have been at least two other proposals above but this is without doubt the bluest of the blue ocean strategies adopted.

1. Name of company : SUISSE Gold Sdn Bhd
2. Paid up capital : RM300,000.00
3. No of shareholders : 3, each contribute RM100k
4. Expected time of operation : July 2013
5. Office : In Kuchai Lama or somewhere around there to cater to the convenience of Genneva's gold buyers

Business model

1. Selling physical gold
2. Guaranteed returned (verbal only) of 1.5%-3% pm depending on size of purchase
3. S&P Contract renewal every 3 months at prevailing rate
4. Customers purchasing RM5 million and above of gold gets a free sponsored trip to Switzerland.

Those who are interested to be the shareholder and director of this new company kindly please PM me. I will only take in 2 shareholders. So first come first serve basis.

Again, it is a lucrative business. Not a ponzi scheme as validated by the Malaysian court. Shareholders are in for a obscene return in 3 years time as proven by Genneva. We are talking about hundreds of million here. Be quick !!

Cheers and have a blessed GOLDEN day !!

Much love and God Bless,
Chief Imagination Officer,
Suisse Gold Sdn. Bhd.

Wahlao....gold "trading" companies are mushrooming ! Many people is going into this blue ocean business model. I am not afraid of competition

Thanks for the 2 forummers who PMed me and confirmed their interest. Now left with 2 more place and we are set to go ahead. No money will be collected until we set up Zurrich Gold Sdn Bhd and the shoplot office's tenancy agreement to sign. So join me with confidence I will show you all relevant documents before you put your money in our company

I have called my property agent to search for the shoplot in Kuchai Lama. This afternoon will go view at 1 shoplot which is located at the opposite row of Genneva office

Please PM me to confirm your interest. Only serious investors will be entertained....

These GMS folks are unbelievable. Just because of this one verdict, Andy Lim has declared that Malaysian courts have been proven to be impartial.

Myself, I am wondering about the judge in question. While I wasn't present at the case, I don't think any judge should have so confidently stated that Genneva is a legitimate gold trading business. Perhaps the prosecutors might have failed to prove their case when it comes to money laundering and deposit taking but a judge just can't make such a declaration outright. Its irresponsible.

Disappointed that genneva directors are not sentenced.

human ahhh, ok la... they want to wait till ponzi company nuked eventually and total loss its up to them lor
that time they will blame BNM for not taking action on ponzi company and let it run... lol