http://www1.uob.com.my/jsp/finance/fin_gold.jsp


100 GM

PAMP GOLD

RM14588 sell

RM 13493 buy


that fella buy shit. 147k is the sell market price. it is not lower than market price. if last time compare to genneva retail lower lahh..

Find out thoroughly who's behind the goldco company introduced. Check who their Chairman and Board of Directors are. If it's an 'INTEREST SCHEME' program, check with SSM whether the company has complied with all the regulations. Who is their CEO and top management executives? Are they related to any past Genneva directors or GMSB management? Get their prospectus - the past 10 years. Analyse their financial statements, profit and loss accounts and Balance Sheet. Were they making any profits for the last 10 years. Do they submit their financial returns to SSM as required by law? What other diversified financial products or business ventures do they have. When was the company formed, was it only recently?? Above all check with Legitimate financial institutions like banks and approved financial companies DO NOT need agents to promote or propogate their financial products. A legitimate and profitable company also would at the very least provide a prospectus and some detail information about their financial standing, background and activities. Genneva never had one and never could produce one and yet investors can dump RM5.5 Billion with them!! OMG!!

This post has been edited by Minion888: Feb 3 2014, 09:11 AM

Holy crap, I'm being quoted on the disgruntled page. That's actually kinda creepy...

Bank Negara regulations on FOREX TRADING.........

FOREX trading in Malaysia can ONLY be made through an AUTHORISED DEALER

Under the Exchange Control Act 1953 (ECA), it is an offence for a person in Malaysia to buy or sell foreign currency or do any act which involves, is in association with, or is preparatory to, buying or selling of foreign currency with any person, other than an authorised dealer. It is also an offence for a person to aid or abet another person to buy or sell foreign currency with any person, unless the person is an authorised dealer.

The list of authorised dealers and financial institutions permitted by the Controller of Foreign Exchange to buy or sell foreign currency can be obtained from Bank Negara Malaysia's website.

For further enquiries, members of the public can contact Bank Negara Malaysia at:
BNMTELELINK (Customer Service Call Centre)
1-300-88-5465 or
E-mail: bnmtelelink@bnm.gov.my

This post has been edited by Minion888: Oct 24 2013, 09:29 PM

Anybody wanna sell 100g Genneva gold bar?
Come pm me ya... hehehe... TQ

I was offered a Genneva 100g at 138.50/g today, but ended up buying a PAMP 100g at 138/g only when MKS was at ard 137/g.

Genneva Bar comes at higher value of


BLOOD, SWEAT and TEARS

Its hypocritical for Pat Lu to encourage a different ponzi scheme using forex ie the trading of currencies when she was criticising paper money earlier to sell her gold claiming that paper money is a scam by the banks. And now she wants to trade paper money ie. Currencies - unbelievable

Just got word from an insider, a close friend of hers and a senior consultant that she is the managing Director of Arowana Ventures Bhd.

This post has been edited by Minion888: Feb 3 2014, 09:12 AM

I wonder why people still trust her with their money

http://www.inquisitr.com/223656/pat-lu-wel...ming-30k-month/

Different Pat Lu but nevertheless a scammer lol. Looks like it really is a name to run away from.

Agreed. Anyone can just fill in a form, setup a company and get approved by SSM. This does not mean SSM knows what you are doing, or approving what your business. It is merely approving the company name to be use as an business entity.

very tempting but luckily am oversea to ease the temp

join for 6 months to get 30% return per month and pull out don;t be greedy... that would work...

Yeah, except it might fold before even 6 months is up. Either that or they'll dilly-dally with your cheque after you pull out. Standard tactic that...

I think the forex thingy folded already

A REPLY FROM SSM SAYING THAT THEY ARE NOT RESPONSIBLE FOR THE CONTENTS OF PROSPECTUS OF AN INTEREST SCHEME REGISTERED UNDER THEM. HOWEVER ANY COMPANY WISHING TO UNDERTAKE AN INTEREST SCHEME MUST REGISTER WITH THEM. A PROSPECTUS MUST ALSO BE LODGED AND REGISTER WITH THEM AND INVESTORS MUST BE GIVEN A COPY TO READ AND UNDERSTAND BEFORE JUMPING INTO ANY INVESTMENT.

SSM also wishes to remind that any scheme registered with them contains elements of RISK and is certainly NOT risk-free. Pat Lu lies again when she assures investors of a risk-free 'SAFE INVESTMENT' since it is approved and regulated by SSM.

.................................................................................................................

Dengan hormat saya merujuk kepada e-mail di bawah.


2. Skim pelaburan yang dikawal selia oleh SSM dikenali sebagai skim kepentingan dan bagi tujuan menyemak senarai skim kepentingan yang berdaftar dengan SSM, Pengadu boleh merujuk ke pautan http://www.ssm.com.my/en/company/is-registered-scheme-public untuk keterangan lanjut. Harap maklum sekiranya sebarang pelaburan dilakukan melibatkan skim/entiti yang tidak dilesenkan atau berdaftar dengan pihak berkuasa terbabit, pelaburan tersebut tidak dilindungi sama sekali oleh pihak berkuasa dan sebarang kerugian adalah ditanggung sendiri.

3. Untuk makluman tuan, syarikat XXXXXXXXX dan skim anjurannya iaitu XXXXXXXX berdaftar di SSM. SSM tidak bertanggungjawab terhadap kandungan prospektus tersebut dan ini dinyatakan dengan jelas pada muka depan prospektus skim tersebut seperti berikut:

“A copy of this Prospectus has been lodged with and is registered by the Registrar of Companies, Malaysia who takes no responsibility for its contents.”

4. Sila pastikan tuan membaca serta memahami terma-terma dan syarat-syarat yang terkandung di dalam prospectus berkaitan skim tersebut sebelum membuat keputusan untuk menyertainya. Menjadi tanggungjawab pelabur untuk membuat penilaian tentang skim tersebut. Apabila sesuatu skim telah didaftarkan di SSM, ia tidak bermaksud pelaburan tersebut adalah selamat dan langsung tidak mempunyai risiko. Semua bentuk pelaburan mempunyai risiko tersendiri dan pelabur perlu memahami tentang sebarang risiko yang bakal ditanggung. Para pelabur dinasihatkan untuk mendapatkan khidmat rundingcara / nasihat daripada penasihat professional segera sekiranya terdapat sebarang keraguan.

5. Untuk isu kadar pulangan pelaburan yang dijanjikan dalam pesanan ringkas (SMS), SSM akan menjalankan pemeriksaan lanjut.


Terima kasih.


Registration Services Division
Suruhanjaya Syarikat Malaysia
Menara SSM@sentral
No. 7, Jalan Stesen 5
Kuala Lumpur Sentral
50623 Kuala Lumpur
Tel: 03-22995256
Fax : 03-22994571


These are some of the interest schemes which certainly are NOT risk-free or safe as claimed. So beware and be forewarned.


This post has been edited by Minion888: Oct 31 2013, 02:49 PM

BEWARE!

Notorious scammer Pat Eagle aka Pat Lu has just joined Arowana Venture as a Sales and Marketing Director.

At last count, she has conned many LYN forummers in the Genneva scandal and also the Zness Forex Investment Platform.

She is now sending out sms-es to prospective victims to join either as agents or investors at Arowana Venture. Pat is also asking them to forward her sms "to benefit others".

Please protect yourself, friends and family from this vile con artist.

The Genneva investment is a total lost and the forex investment folded within 6-8 months. How come people still want to throw money in Arowana with the same person ? It's baffling me

To those who got cheated in these scams, please make a police report and immediately get a lawyer to privately sue the scammers.

This post has been edited by Minion888: Feb 3 2014, 09:13 AM

.

This post has been edited by livina2011: Nov 14 2013, 12:32 PM

this woman who praise god all the time and attending church as if she is a nun or so... is really getting out of control

how come she still alive and kicking? not enough proof to put her in jail yet wtf she must be feeding the authority a good hell sum of moneh

and also, got some minutes of fame getting on Al-Jazeera

on and off i read shanti's post on the fb page saying that they r having meeting and all sort of things to try to recover money back from Genneva case, and i gut feeling tells me that some consultants are genuinely got scammed as well, but definitely NOT pat lu and basically Fb admin all Savana Sim , Dee Casey, Cathy Lim are dupes of these ppl she then involved in the "helpdesk" and "JR" collecting Rm50 and disappeared now moving on with her agenda.

cmon if there is a god, pls strike her with thunder like, NOW.