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 Genneva Malaysia V4, Raided on 1st October 2012

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djack
post Oct 8 2013, 01:18 PM

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QUOTE(arubin @ Oct 8 2013, 12:03 PM)
A bit late right? Quite some time back, UMNO offered to procure free legal services for those who wanted to sue Genneva and their directors. Only a handful took up the offer. Your friend should have joined in earlier.

For that matter, BNM was asking for everyone involved to step up and file a report too in order to aid in their investigation. I think a lot of victims refused to do so because they were bamboozled by the Genneva Supporters facebook page. I expect many of them are now regretting it.

Anyway, its all stuck in limbo now and no one is getting back anything until the case is closed...which would take I dunno how long but supposedly its going to be expedited...supposedly. Once that is done, your friend can file a claim for his share of what was recovered. Mind you...there really isn't much left. He's definitely not getting back the full sum. He can consider himself lucky to even get back 10%. Yup, this is going to be worse than Madoff...

If his investment is not significant, just give it up and consider it a lesson learnt. If its a lot, I would suggest he get his arse back here and file a report with BNM and than make a police report as well. Bring along any supporting documents related to his dealings with Genneva for their investigation. If he doesn't do this, it might be harder for him to file a claim later for his share of the recovered gold and monies.
*
Yes i know its late. I just found out from him a week ago.

He is an expat in this country so he and his local friend together pumped money into genneva. he works all the time so he put trust in his local fren.
all he knew he was getting dividend every month.

He dont even know genneva's trouble until he realised the dividends not coming in.

Thats when he realize genneva in trouble.

now he is asking me to help him out.

i did follow on this genneva news and that they have created an union to fight for the gold bar. but since then i have not heard any news
arubin
post Oct 8 2013, 01:46 PM

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QUOTE(djack @ Oct 8 2013, 01:18 PM)
Yes i know its late. I just found out from him a week ago.

He is an expat in this country so he and his local friend together pumped money into genneva. he works all the time so he put trust in his local fren.
all he knew he was getting dividend every month.

He dont even know genneva's trouble until he realised the dividends not coming in.

Thats when he realize genneva in trouble.

now he is asking me to help him out.

i did follow on this genneva news and that they have created an union to fight for the gold bar. but since then i have not heard any news
*
There is a union? I don't think so, or at least I haven't heard of one. If there was any 'organized' activity, it was actually in support of Genneva itself but that seems to have died down. In fact, we are all wondering what happened to the prominent Genneva supporters like Pat Lu, Auntie Shereen, etc.

Get your friend to file a case with BNM first and see where he can take it from there.


djack
post Oct 8 2013, 02:38 PM

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QUOTE(arubin @ Oct 8 2013, 01:46 PM)
There is a union? I don't think so, or at least I haven't heard of one. If there was any 'organized' activity, it was actually in support of Genneva itself but that seems to have died down. In fact, we are all wondering what happened to the prominent Genneva supporters like Pat Lu, Auntie Shereen, etc.

Get your friend to file a case with BNM first and see where he can take it from there.
*
i found this : https://www.facebook.com/GennevaMalaysiaSupporters.


but not much information on the current actions taken.
arubin
post Oct 8 2013, 03:09 PM

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QUOTE(djack @ Oct 8 2013, 02:38 PM)
i found this : https://www.facebook.com/GennevaMalaysiaSupporters.
but not much information on the current actions taken.
*
That's the site we have been talking about if you have been reading this thread since v3. Many of suspect that it was run by people who are directly connected to Genneva themselves and that one of the administrators is the infamous Pat Lu.

For many months after the raid, that page has been encouraging victims to actually stand behind the Genneva directors instead, and to not cooperate with BNM. They have even tried to do silly nonsense like asking inves...*cough* err...gold buyers...to file police reports NOT against Genneva but directed at Bank Negara instead. Supposedly, the so-called Steering Committee behind GMS will take those reports and use them to apply for a Judicial Review of BNM's raid. They even collected RM50 from those who wanted in on this supposedly to help cover legal expenses.

The JR was never filed for reasons they have refused to fully disclose but one can assume that lawyers told them they were bat-shit crazy and should lay off the bong they were smoking. The money they collected? No refunds. Now the steering committee themselves have vanished into thin air.

I guess its a good thing your friend didn't get in on all that bullshit.
StockInvestor
post Oct 8 2013, 06:18 PM

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There was a union. The sad thing is that it was formed to protect the sole interests of the Directors, Management and their kin via payment to the Administrators of the Genneva Malaysia Supporters Facebook page.

Customers' well-being are secondary. Victims are forced to uphold their mantra of adulating GMSB and villifying BNM. Hundreds have been banned from the site for stating the obvious - that the directors and mgt are effing parasites.

Calculated stallings, lies and diversions were made to blame BNM instead of the real perpetrators and thieves - the Directors and Management.

All this can be documented from their FB page and in the archives here too.

So, what can your friend do now? The same thing we have been advising for a year :
1) Get a lawyer
2) Sue GMSB, the directors, management
3) Lodge a report with the SC - to see if there can be clawback provisions made to claim from your consultant and senior consultant. Their appointments are reportedly illegal and all their commissions are ill-gotten. Hence, you may have a claim. Also, there are many cases of misrepresentation by the consultants in their attempts to nail a sale. Examples include : GMSB being syariah compliant, that hibah will be paid, that the company is financially stable, sustainable, that the directors do not steal and are of good repute. All these claims by the consultants have been proven to be false.
4) Now that it has been reported that Ng Poh Weng's 3 children and Philip Lim's wife have stolen close to RM1 billion from GMSB, sue the suckers too.
5) Sue the GM Lim Kah Heng and his unemployed friend for reportedly stealing too.

I wish your friend good luck. It will be a long arduous ride and he may not retrieve all that he invested. However, if nothing is ventured, nothing is gained. Thus, get a lawyer first and start getting some good advice instead of being reliant on the crooks at the GMSB Facebook 'union'.


hey_there
post Oct 8 2013, 06:22 PM

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but how much is the lawyer's fee? wonder if he has any money left to hire a lawyer
StockInvestor
post Oct 8 2013, 06:41 PM

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For free legal advise, visit here :

http://www.malaysianbar.org.my/legal_aid_centres.html

“If you choose to not deal with an issue, then you give up your right of control over the issue and it will select the path of least resistance. Never put off till tomorrow what may be done day after tomorrow just as well.”
- Leonardo Da Vinci
debbierowe
post Oct 8 2013, 07:35 PM

so fast 6 stars di...
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"Union" kinda bump my chair a bit when i read that but then the fb page link...

I spit my coffee to my lappie, luckily got keyboard protector, wiping screen now... biggrin.gif

anyway, what i think of that "Union", everything is just a good show....., the Heroes : Dee Casey, Savana Sim, etc.. the victims Kidney Dialysis, Single mum, etc, some Heroes of course as "themselves" during the actings

this state of the fb is supposed to be the state since the raid, if not pat lu and her gangs cooking it up as if anyone still "support" or "care"

This post has been edited by debbierowe: Oct 8 2013, 07:37 PM
djack
post Oct 8 2013, 09:56 PM

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QUOTE(arubin @ Oct 8 2013, 03:09 PM)
That's the site we have been talking about if you have been reading this thread since v3. Many of suspect that it was run by people who are directly connected to Genneva themselves and that one of the administrators is the infamous Pat Lu.

For many months after the raid, that page  has been encouraging victims to actually stand behind the Genneva directors instead, and to not cooperate with BNM. They have even tried to do silly nonsense like asking inves...*cough* err...gold buyers...to file police reports NOT against Genneva but directed at Bank Negara instead. Supposedly, the so-called Steering Committee behind GMS will take those reports and use them to apply for a Judicial Review of BNM's raid. They even collected RM50 from those who wanted in on this supposedly to help cover legal expenses.

The JR was never filed for reasons they have refused to fully disclose but one can assume that lawyers told them they were bat-shit crazy and should lay off the bong they were smoking. The money they collected? No refunds. Now the steering committee themselves have vanished into thin air.

I guess its a good thing your friend didn't get in on all that bullshit.
*
well, to be honest i didnt go through from the 1st page biggrin.gif .

thanks for the clarfication. at least i feel im on par on what is going on.



QUOTE(StockInvestor @ Oct 8 2013, 06:18 PM)
There was a union. The sad thing is that it was formed to protect the sole interests of the Directors, Management and their kin via payment to the Administrators of the Genneva Malaysia Supporters Facebook page.

Customers' well-being are secondary. Victims are forced to uphold their mantra of adulating GMSB and villifying BNM. Hundreds have been banned from the site for stating the obvious - that the directors and mgt are effing parasites.

Calculated stallings, lies and diversions were made to blame BNM instead of the real perpetrators and thieves - the Directors and Management.

All this can be documented from their FB page and in the archives here too.

So, what can your friend do now? The same thing we have been advising for a year :
1) Get a lawyer
2) Sue GMSB, the directors, management
3) Lodge a report with the SC - to see if there can be clawback provisions made to claim from your consultant and senior consultant. Their appointments are reportedly illegal and all their commissions are ill-gotten. Hence, you may have a claim. Also, there are many cases of misrepresentation by the consultants in their attempts to nail a sale. Examples include : GMSB being syariah compliant, that hibah will be paid, that the company is financially stable, sustainable, that the directors do not steal and are of good repute. All these claims by the consultants have been proven to be false.
4) Now that it has been reported that Ng Poh Weng's 3 children and Philip Lim's wife have stolen close to RM1 billion from GMSB, sue the suckers too.
5) Sue the GM Lim Kah Heng and his unemployed friend for reportedly stealing too.

I wish your friend good luck. It will be a long arduous ride and he may not retrieve all that he invested. However, if nothing is ventured, nothing is gained. Thus, get a lawyer first and start getting some good advice instead of being reliant on the crooks at the GMSB Facebook 'union'.
*
suuing is another step for him now. as he is an expat, he is scared of his actions here.

but i will consult a lawyer for advice.


QUOTE(hey_there @ Oct 8 2013, 06:22 PM)
but how much is the lawyer's fee? wonder if he has any money left to hire a lawyer
*
not sure la. he got money. i dont think anyone is careless to place more than they can afford to lose in any investment.


QUOTE(StockInvestor @ Oct 8 2013, 06:41 PM)
For free legal advise, visit here :

http://www.malaysianbar.org.my/legal_aid_centres.html

“If you choose to not deal with an issue, then you give up your right of control over the issue and it will select the path of least resistance. Never put off till tomorrow what may be done day after tomorrow just as well.”
- Leonardo Da Vinci
*
will send an email to them soon. thx
Akonn
post Oct 10 2013, 11:11 AM

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Just got this from a close friend, the case was under investigation and attempts to recover seized assets was absolutely NOT possible. Now the story gets worse as the seized assets are now directly under the control and purview of AG's chambers. There's also a high possibility that the Directors will be found guilty and that all monies and gold seized will be forfeited and go to the coffers of the Government. All investors who paid up the RM50 must demand back their money that was fraudulently coerced from them. I strongly feel that all affected customers should make a police report against Genneva and scammers for fraudulent lies and misrepresentation and perhaps proceed with winding up petition against the company, and stake a claim for our gold and monies as “unsecured creditors”. A police report is fundamental when staking a claim later on. However do consult your lawyers on this matter.



This post has been edited by Akonn: Feb 3 2014, 09:30 AM
StockInvestor
post Oct 10 2013, 12:50 PM

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This is downright fraudulent.

Tell your friend to contact the "Helpdesk Crew" immediately to seek counsel with the lawyer. The 'Helpdesk Crew' cannot make any unilateral decisions on your friends behalf, especially when his/her best interests are not represented.

Points of contention :
1) The lawyers were engaged to act on the JR based on the JR consent forms signed. Not to charge a fee for the redundancy of "watching brief". This is in direct contravention of the Bar Council Act.

2) The lawyers should hold a meeting with all 2000 victims to explore ALL avenues in getting their money/gold back.

3) The avenues include suing the directors, management, kin in their personal capacities since they were stealing from GMSB. Also included should be the possibility of suing consultants for misrepresentation.

4) The lawyers should truthfully inform the 2000 victims if they are impartial, or acting on behalf of Pat Lu's/Dee Casey's directives to leave GMSB, their agents,consultants,directors,mgt,kin out of the picture.

5) If they have received directives as such from Pat Lu/Dee Casey, disengage the lawyers as there is a clear conflict of interest whereby the victims best interests are not represented.

6) If the 'Helpdesk Crew' refuse to arrange a meeting with the lawyer, nor inform who they are, tell your friend to lodge an urgent complaint to the Bar Council.

7) Also, inform your friend to lodge police reports against Pat Lu, Dee Casey, Shereen Lim, Catty Chong, KE Goh for the coercement of false police reports and fraudulent lawyer engagement.

8) Also report this to the MCMC, SC, BNM, Lawyers for Liberty.
Akonn
post Oct 10 2013, 02:22 PM

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StockInvestor: Thank you for your insightful feedback. I totally agree that the whole proposal smacks of fraud and frankly I have discouraged my friend from even meeting, negotiating or hold counsel with either the 'Helpdesk Crew' or the so-called lawyers. I have instead advise him and other affected customers to seek their own lawyers or the Legal Aid Bureau either individually or in groups.

I also agree that reports should be made to PDRM, Commercial Crimes Division, the Malaysian Bar Council, Bank Negara Malaysia, MACC, AG Chambers, Securities Commission, Lawyers for Liberty and other related authorities.

If any senior consultants, consultants, GMS people from Helpdesk, etc approaches you or tries to solicit more money from you, please take down their names and details for future police report and legal action.

This post has been edited by Akonn: Feb 3 2014, 09:31 AM
terry8
post Oct 10 2013, 08:04 PM

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I notice one similarity about the perpetrators of these PONZI schemes. They all get so caught up in the praise of people around them who worship them that they do not know when to stop until the bottom falls out. One would think that after transferring out RM 1 billion, one would pack up the family and flee overseas
debbierowe
post Oct 10 2013, 09:35 PM

so fast 6 stars di...
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someone name Andy msg me on my debbie rowe fb again ask if i willing to be a witness for their still-got-hope-JR filling (well, good la they think i real victim hehe)

then i ask which law firm which lawyer, i want to check he/she is registered and licensed with the Law Society Malaysia or not 1st as such

he provided me this page http://gms101.wordpress.com/2013/10/09/law...r-participants/

again... Lawyers' advice by Lawyers with NO NAME, NO OFFICE, SERIOUSLY
don't say this case, just say any case la.. rape, stealing, murder, if u find a lawyer to represent u, and u cant know the lawyer name and firm... the word stupidity delusional hallucinating.... etc i don't believe it i don't believe these people exist i just dont

my gawddddd
StockInvestor
post Oct 11 2013, 12:03 AM

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QUOTE(Akonn @ Oct 10 2013, 02:22 PM)
StockInvestor: Thank you for your insightful feedback.

Akonn : Ditto. Thanks for your astute remarks and it is good to note that rationality and plain ol' fashioned logic is alive and well.


I totally agree that the whole proposal smacks of fraud and frankly I have discouraged my friend from even meeting, negotiating or hold counsel with either the 'Helpdesk Crew' or the so-called lawyers of Pat Lu and the bogus, faceless Dee Casey. I have instead advise him and other affected customers to seek their own lawyers or the Legal Aid Bureau either individually or in groups.

Yes, it was prudent advice to your friend. But I am somewhat puzzled - did he receive the note from the Helpdesk via email or from a group posting? Perhaps you should advice him to forewarn the other victims of this heinous ruse by Pat Lu/Dee Casey through the email/group posting. Pat and Dee should not be allowed to con these victims anymore. Enough is enough. Pat and Dee have chosen to go undercover to escape our scrutiny and assume that they can continue to scam the uneducated victims whilst protecting their paymasters - GMSB, the directors, mgt and their greedy unemployed kids/wife.

My thoughts on this issue:

1.  Yes, the 'lawyers' were engaged to act solely for the filing of the JR. The RM50 contribution was also intended for the JR and NOT to hold a 'watching brief'. The monies collected from this charade should rightfully be returned to the contributors if the JR was not filed. This is indeed a direct contravention of the Bar Council Act.

I concur.

2.  Why only 2000 victims were mentioned in the watching brief when 35,000 investors were affected as reported by BNM? This indicates that an insidious attempt being made to isolate only a selected few of 2000 cronies who will benefit from any claims to be made. The interests of the remaining 33,000 investors are absolutely sidelined and ignored.

The 2000 victims were those who were coerced into lodging the false police reports and signed on for the JR bid. They will not benefit as there is no mention of even attempting a 3rd party claim - merely a redundant watching brief to justify the RM100K legal payment (or more).The lawyers are taking it for granted that there will be full forfeiture although it will be based on the court's discretion. The FX case and this are totally dissimilar. The lawyers do not even want to pursue this claim and are giving false advise. Read between the lines, the lawyers are seeking to protect GMSB,directors,mgt,kin from further legal jeopardy. The remainder 33K investors were smart not to waste a single sen on this pernicious exercise. They're much better off seeking independent unbiased legal advice elsewhere. Any lawyer bar those recommended by Pat/Dee. I heard that there are numerous other groups suing the directors,mgt and their consultants. Good for them - at least they will get something back.

3.   No mention was ever made about suing the Directors, management, their kin in their personal capacities from 'STEALING' from the deposits made by investors. And again, nothing was even suggested about suing the senior consultants, consultants, agents, their kins for aiding, abetting, promoting the massive scam through misleading lies and misrepresentation of the product. This is an indication of trying to escape and to absolve certain parties from the sins of their criminal act.

Yes, Pat and Dee must be paid a heckuva lotta moolah from the RM1 billion loot stolen to save their paymasters' rear ends. I heard a rumour that the lawyers in the JR bid are also advised by the GMSB lawyers. This is a clear conflict of interest and that is why the Pat/Dee refuse to divulge the identities of the lawyer. I'm uncertain of the veracity though. But I wouldn't put anything past these effing thieves. They were already remanded for allegedly bribing a BNM officer to throw this case away and there are also unfounded rumours that they have bribed other court officers for the earlier case as well. As their idol Dr M said famously prior to an UMNO election - a billion bucks can buy a lot of people.

4.  It is evidently clear that the 'lawyers' are most likely acting on behalf of only Pat Lu/Dee Casey. The so-called 'Helpdesk Crew' was from the start, clueless and impotent and I suspect they are now totally defunct and non-existent.

Indeed. Shereen Lim, Catty Chong and KE Goh aren't exactly the brightest sparks in the room. The mind boggled when they claimed that they could answer all legal questions without Dee Casey - satisfaction guaranteed (!). These are the morons the victims have to deal with.

5.   I agree wholeheartedly that a police report should be lodged against all the insidious characters mentioned, for the coercement of making false police reports (the JR was an impossibility from the start), coercement to contribute to a fraudulent JR fund under duress, fraudulent lawyer engagement and fraudulent legal advice (esp from an absolutely bogus, nameless, faceless Dee Casey).

Hear hear!

6.   Finally I also agree that reports should be made to the Malaysian Bar Council, Bank Negara Malaysia, AG Chambers, Securities Commission, Lawyers for Liberty and other related authorities.

I would add the MCMC as well to uncover the dastardly Dee Casey & Catty Chong. Obviously monikers. Possibly paid LOTS!

If any senior consultants, consultants, GMS people from Helpdesk, etc approaches you or tries to solicit more money from you, please take down their names and details for future police report and legal action. Lulu's next big fraud will most likely be to say that more money is needed for a 'watching brief'. So please be warned.
*
Yes, right on form Pat and Dee are stalling & deviating by protecting the effing crooks and there should be another round of fund-raising prior to the case. Truly tragi-comical. The 2000 victims have been screwed and are gonna be screwed again. At the end of the day, I'd love the investigators to unearth how much was paid to Pat/Dee who have not only sold their hollowed souls to Lucifer but have no compunction whatsoever about preying on the elderly and uneducated

This post has been edited by StockInvestor: Oct 11 2013, 12:31 AM
Akonn
post Oct 12 2013, 08:05 AM

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["then i ask which law firm which lawyer, i want to check he/she is registered and licensed with the Law Society Malaysia or not 1st as such
he provided me this page http://gms101.wordpress.com/2013/10/09/law...r-participants/"
~ Debbierowe]
----------------------------------------------------------------------------------------------------------------------------
I think there's some serious concerns here particularly about the latest development and the decision by Pat Lulu/Dee Casey's move to 'Heed the lawyer’s advice, the JR team is agreeable to proceed to act accordingly.'

Concerns raised:

1. Who gave the consent to heed the lawyer's advice and proceed?? The RM50 collected was solely intended for a JR as promised and monies collected should be rightfully returned as the attempt at JR was an absolute failure!!

2. Monies collected. Remember that 2000 X RM50 = RM100,000.00. That's a lot of money. Are there proper accounts for this fund collected. Insist that a proper audited statement be produced.

3. Was a meeting convened among the 2000 investors who contributed to obtain their consent? If so, where are the minutes of the meeting?

4. Identity of both Dee Casey and the Lawyers involved. So far both their identities have been kept a secret.. Why?? If I hire a lawyer or if some bogus quack gives wishy washy legal advice, I surely would want to know their identities. Were their identities undisclosed to avoid legal action from another fraudulent exercise to prey on the uneducated and vulnerable??

5. Who comprises the 'JR Team'. Is it a group of senior consultants or just one moronic sr consultant only?? Investors who have contributed to the fraudulent fund have the right to know who are in the JR Team.

6. Helpdesk Crew. Do they still exist?? Show us the proof. Who makes up this team?? Are they a legal identity to collect monies and make decisions that involves the interests of 2000 investors?? Was a meeting ever convened among the Helpdesk Team? If so where are the minutes of the meeting. As far as I know, they set up some clueless/fraudulent counseling in the office of GBEAM with the intention of persuading people to pay up RM50. Now even GBEAM is defunct and non-existent.

I hope investors will be extremely cautious when dealing with this bogus crew. They throw names and groups such as Dee Casey, Savana Sim, the Lawyers, Helpdesk Crew, JR Team all of which are monikers, while others are nameless, faceless ghosts and non existent phantoms and expect investors to cough up cash and make critical and crucial decisions concerning the investors' interests. BEWARE!!

This post has been edited by Akonn: Oct 12 2013, 08:54 AM
terry8
post Oct 12 2013, 09:16 AM

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And the last saga with GBEAM which was ran by Dato Joseph Kow where all Genneva consultants must be a member and pays an annual fee has tried to have some gold talk (presumably to set up something similar) which Genneva said now said has nothing to do with them and not approved by them.
Minion888
post Oct 12 2013, 11:08 AM

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QUOTE(terry8 @ Oct 12 2013, 09:16 AM)
And the last saga with GBEAM which was ran by Dato Joseph Kow where all Genneva consultants must be a member and pays an annual fee has tried to have some gold talk (presumably to set up something similar) which Genneva said now said has nothing to do with them and not approved by them.
*
Genneva Consultants used to pay Rm500 to join, RM250 annual subscriptions and coerced to pay a host of other nonsensical fees to attend rubbish talks. GBeam was the 'Registrar' that determine the status of GMSB CONsultants. Now they have disbanded and defunct, technicallly all the CONsultants have dissolved - pocik, habis, mampus. This also means there is no more Helpdesk or their crew, and neither any JR Team. Semua sudah mampus. Investors should now focused on their third-party claims. And as stakeholders, they should take proper steps like lodging police reports detailing how they were cheated etc. supported by proper documents and consulting proper and genuine lawyers.

So investors, never allow these frauds and CONs to hold power over you. I know of this ONE particular senior consultant who continues to throw her weight around, still thinking she's the almighty and still wanting to control the investors plus their gold and money.

By allowing bogus 'teams' and 'crews' to hold power over you and decide your fate is like agreeing to appointing Count Dracula to be the Director of the Blood Bank.

This post has been edited by Minion888: Oct 12 2013, 11:22 AM
StockInvestor
post Oct 14 2013, 03:23 PM

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RESPONSE TO SAVANA SIM'S (DEE CASEY) LYING AND DECEITFUL POST IN THE GMS FB SITE :

I am angry and helpless. I have been supportive of GM and its officers and all that we can see is that they have done nothing.

A : Glad you have finally come to the realisation of the truththat they have done nothing instead of maliciously asking us to be patient with GM and its officers in the past. Of course they haven't done anything. Why should they? They have been stealing all this while from the victims and have absolutely no intentions of paying the victims back even in the unlikely event of them being acquited.

I am tempted to believe the general view (which I am sure you all share with me) that perhaps the directors have siphoned vast sums of money and are prepared to take off even if it means the price they have to pay is a few years in jail. Perhaps they can escape with a light sentence or “pay” their way out of the situation. It annoys me to no end that this has been going on endlessly for a full year.

A: I sure as heck hope they do not escape and get at least 50 strokes of the rotan and a minimum of a life sentence in jail for all the pain they have caused. It annoys us no end that you had endlessly chosen to protect these effing parasites for a full year.

Therefore, it was a moment of immense relief when I read the headlines of Genneva and its officers being charged in court. Relieved because the uncertainty of all the past one year (to JR or not to JR?) has suddenly been given a starting point to progress the situation one way or another.

A : Relief? You effing liar! You were extremely protective of the directors and management for a full year. And the JR was another one of your scams to divert all attention to BNM, falsely accuse them, lie to the victims, steal their RM50 and stall. All this has turned out to be a scam agitated by you (Dee Casey) and Pat Lu. Now, pay the JR participants back their RM100K, you thick-skinned thief!

My interest and concern has been the conspicuous lack of action by Genneva and its officers. It appears to me to be unbelievable that they would just sit back and has do nothing.

A : No, the victims' interest and concern were the conspicuous lack of action by Genneva and its officers. For stating so, victims' concerned comments were deleted, still being deleted and they are/were banned. You, on the other hand, told us to fully support Genneva and its officers whist they were 'working hard behind the scenes'. It is unbelievable that you would just sit back and lie about your past.

The starting point for the new situation must necessarily begin with the seizure of the company’s assets by BNM and its stoppage of business by GM. It follows from this that the seizure was the prelude to commence investigations against GM on suspicion of wrongfully accepting deposits and money laundering.

A : Please do not lie again. BNM, in concert with PDRM, Ministry of Domestic Trade, IRB conducted the raid after numerous complaints and police reports were lodged on non gold delivery. This was also the case with Genneva Singapore. Therefore, they acted upon complaints not on suspicion.

Like all investigations it has taken its time and the charges we read in the papers were ostensibly the results of this investigations. Although the exaggerated figure of 900 charges appears ominous, in reality it is only two charges (Money laundering, and wrongful deposit taking), repeated many, many times over. Times and dates may vary, but the substance of the charge remain the same.

A : In short, they stole vast amounts over 900 times. Don't be facetious - these charges are ominous. Cease your laughable attempt in trying to water down the grave gravity of the stealing.

This appears to contradict all the earlier allegations of the GM structure being a Ponzi scheme and possible massive wrongdoings by GM have suddenly disappeared. This tells me that perhaps BNM, having taken action are now compelled to this limited cause of action, without any further way of escaping severe public criticism for wrongfully having stopped a business that was benefitting so many people in so many ways.

A : The GM structure is a Ponzi. They were running a business with a 10-1 liability-asset ratio totally reliant on new customers instead of the 'Blue Ocean Strategy' advocated by you and the other con artists. This is NOT a limited cause of action by BNM. This is the biggest scam in Malaysian business history. In case you didn't read the headlines, GMSB broke all records. And that is nothing to be proud of. Oh, and Genneva wasn't benefitting so many people in so many ways. Rather, it was benefitting the directors, management, Poh Weng's 3 unemployed kids and Philip Lim's wife, Kah Heng and his unemployed girlfriend in over 1800 ways. Because of the fact they were stealing and not paying up as they should, it has caused untold suicides, pain and loss to the victims. Cease with the lying already.


What’s even more perplexing, is that in the 2008 Genneva Sdn Bhd case it was this same two charges that were leveled at the company, and the court ruled that they did no wrong, so what more now, when GM would have learned from past mistakes and tightened up procedures even further?

A : The Genneva SB case and this are totally dissimilar, as you have told us in the past. When GSB were charged, you do recall that you wrote a lengthy piece telling us not to equate the two companies because they were different, dont you? Please stop treating us as fools. And yes, GM did learn from past mistakes, they decided to steal billions from the company now and "hope they get a light sentence'.


It appears to me equally obvious that the directors of the company have not really walked away from the situation. The company has been kept running, albeit with a skeleton staff, at their own personal cost and contributions. Surely this cannot be the behavior of persons who want to abandon ship. It follows that such people would not have been totally inactive in salvaging the situation.

A : Historically, Ponzi scammers have egos almost as big as yours. They assume they will never get caught. Bernie Madoff ran his Ponzi for 30 years and didnt run away either. Your lame attempt at using 'not running away' to protect the directors and mgt is pretty pathetic. Have they not run away from all the victims valid queries since GMSB was raided? Why didnt they do the right thing in assuring victims that they will be paid back? Instead, they used people like you who were paid to do their dirty work for them and trick the uneducated into thinking they are all 'good people'. Frankly, for that alone, you deserve a 100 strokes of the rotan - minimum.

The tragedy of the situation was their inability to communicate to the GM community what steps they were taking because going public would have prejudiced all their actions and exposed the company to the anger and the desire for vengeance by all the relevant people. Therefore, it appears that the directors of the company have borne the situation with fortitude and a commitment to protect the GM community.

A : There you go again trying to protect these effing parasites. They had the the 'inability to communicate' because they were bloody stealing from the victims, you moron! Fortitude and commitment to protect the GM community? Now, how much were you paid to state that?! Truly laughable especially when it is not true. It appears that you are paid heaps to protect the directors with fortitude and commitment to lie reprehensibly.


In this moment of their personal liberties and lives being at stake, one must take a very objective and impersonal approach because our first and natural reaction is to take steps to protect our own separate investments.

A : Yes, get a lawyer, send an immediate letter of demand that these parasites will return everything that was stolen back to the victims. Failing which, their asses will be sued. But you won't, will you? You paid assassin.

The issue therefore is whether this is the correct approach in this moment of time. In this regard, let me place the following facts before you.
1.We all were very active and forceful in our unified attempts at the actions of BNM. We made lots of noise for a while and then it all fizzled out. This must have been one of the objectives of BNM that if it was dragged on long enough the GM community would run out of steam. Their objective appears to have been achieved.

A: No, it fizzled out because you were caught continuously lying and you are still continuing to lie to the uneducated victims. The educated ones have taken matters in their own hands and are astutely suing to regain back whatever they can from your effing paymasters.


2.At this point in time, one must bear in mind the time old adage that divided we fall, united we stand. It would be a tremendous source of support and encouragement if we showed our willingness to be behind the company and its officers in their battle to regain operations, if for no other reason but to allow them a proper opportunity to repay all the investors and settle the crisis to the satisfaction of the GM community.

A : Here we go again with the united we must stand behing the directors mantra. FYI, only 3% of the victims are with you. The smart remainder see you and Pat Lu as the devil incarnate doing your paymasters' bidding. Proper opportunity? Huh? These thieves refuse to even acknowledge the victims cries for help and you're pleading with them AGAIN to give another chance to the bloody crooks? Sorry, make that 200 lashes of the rotan for you.

3.There is a need to conserve resources and to exercise patience because depletion of either at this moment will be self-destructive.

A : Easy for you to say " conserve resources and exercise patience' since you've got RM100K from the fraudulent JR exercise and untold moolah from your thieving paymasters. Victims are committing suicide and are self-destructive because of Pat Lu's and your false promises and fake hopes. And unashamedly, you continue to sell them lies,lies,lies.


All that has been said above may appear in the extreme to be highly protective and supportive of the company

A : Tell us, how much are they paying you to be 'highly protective and supportive of the company'?

1. 1. It’s a general perception that GM perhaps has already run its course and that BNM took this action to protect the customers.

A : Yes, GM is dead,nada,zilch,zero. And yes, BNM took this action because your effing paymasters were stealing and many did not receive their gold/money as stipulated. Because of these complaints, BNM had to take action.


2.The reason for the inaction by GM and its officers is their preference for GM to be shut down by the authorities as a way of escaping our wrath.

A : Yes. Also, they can't very well tell us that their kids and wives were raiding the company too, could they? So, they did the next best thing - pay you, Pat Lu, Shereen Lim, KE Goh, Catty Chong amongst others to sell lie after lie to the uneducated victims.


3.The situation does not leave us any alternative because if we decide to initiate any legal action, it may backfire back against us as in the case of FX Capital Consultant (M) Sdn Bhd where the Court of Appeal rejected claims by depositors and forfeited the funds to the Federal Government. I am uncertain as to whether if we commence any premature action as being proposed by certain quarters may not be self destructive. It may be preferable and more rewarding to await the outcome of the prosecution of GM & its officers at which time we may be in a clearer situation as to which party would be the best to be providing us relief.

A : It will be at the court's discretion. The FX case was dissimilar. Also, the FX directors kids and wife were not stealing. There are other avenues to retrieve - sue Poh Weng's wife, Philip Lim's wife, Kah Heng, his unemployed friend, illegal consultants,directors, mgt in their personal capacities. Cease protecting these scumbags. 300 lashes more for telling the victims to support crooks and do nothing.


The kind of actions taken by BNM is highly dictatorial, but then if you accept $500 from the powers that be, then these are the ‘endless possibilities’ that you get in return.

A : Au contraire - you and Pat Lu are highly dictatorial. And God knows how much you guys have taken from the parasites. There are 'endless possibilities' that the both of you will receive your due karma in the afterlife for only looking out for your interests and the GMSB directors,mgt,kids interests instead of the victims.


My own take on this situation is to support GM and its officers, immaterial of our own frustration and anger as the most self-serving, practical and realistic approach at this point in time. Relying on innuendo, rumors and wild allegations will be self-destructive. I will not serve any useful purpose giving credence to this.

A : Support crooks?! Yes, sure. God, they must be paying you gazillions! Relying on you will be self-destructive to each and every single victim. You do not serve a useful purpose and you have no credence or credibility whatsoever. 500 strokes of the rotan for you, you leeching blood-sucking parasite.

Wait for my next installment. I have more to say

A : Hopefully, it won't be filled with embellishments and diversions to support your paymasters again. But then again, I bet it will. Money to protect your paymasters at the expense of the victims is a major motivation for you and Patricia Lu Pitt Chin. Do bring it on. It's been fun dissecting all your pathetic lies and excuses. smile.gif
debbierowe
post Oct 15 2013, 10:10 PM

so fast 6 stars di...
******
Senior Member
1,107 posts

Joined: May 2009
yeay! savana sim is BACK!!!!
but with no more hurray supporters.. lol

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