Admin posted the photochopped pic yesterday. Shameless Cheat!!


This post has been edited by Akonn: Jan 13 2013, 08:38 PM

GENNEVARIANS WERE HERE - Himpunan Rakyat, Stadium Merdeka, January 12, 2013




Led by Admin of GMS



Investors should not be afraid of Genneva. Genneva should be afraid of Investors!!

This post has been edited by Akonn: Jan 14 2013, 10:35 AM

Did some research and indeed Genneva is much bigger than many ponzi schemes in the US like Zeek Rewards etc. Genneva ran in the billions. Trust me, a lot of Malaysians lost huge, substantial sums. It's much, much more serious than we can ever imagine and sometimes joke about here. IT'S REALLY NO JOKE!! (That's why sometimes I comment with so much much anger and frustration at the Directors and scammers here on LYN)

So the biggest Ponzi Scam in Malaysian history deserves a book, don't you think so?? Any good writers out there??...Terry??

This post has been edited by Akonn: Jan 14 2013, 03:51 PM

OK, I am game...now collecting material.

Here we go again about the so-called 'good news' A posting by Namaste@Lulu@David vs Goliath (she has many alter egos on GMS) mentioning about the moronic good news again,,,sigh...so tired of this bullshit.



Crap!! Lulu is behaving like a subservient lackey to Dee Casey!! So it's DC who is now who calling the shots is it?? PROTEM Committee has fallen out of favour among the Facebook sheeps, guilty for being 'silence of the lambs'.

This post has been edited by Akonn: Jan 15 2013, 01:52 AM

Agreed, the victims especially the aged pensioners, sick, infirm, disabled who lost their life savings do need help. May I humbly appeal to friends on this LYN forum to openly assist in this project and it's victims. Thank you.

Can you give further details of what this website entails (website, blog or facebook)...what should the website be called?

BREAKING: Hitler (Fuhrer Lu) loses his top over Police Reports:

http://www.youtube.com/watch?feature=playe...d&v=WQxD6MBWwqs



Please watch this Youtube Video. HILARIOUS!!

This post has been edited by Akonn: Jan 16 2013, 01:39 AM

All these stories about deaths of consultants and customers by suicide or sickness are merely heresay. Until today, absolutely NO further information or details were given about the victims. So without any proof, is it true or just rumours?? They are merely playing on people's sentiments knowing that death and suicide are powerful tools to galvanise human feelings and emotions. Even if it is true, the first people whose to blame are the directors. They have most likely stashed away a large portion of the assets and could have sort out with Bank Negara to repay those who have lost their life savings and are in dire straits. The other party to blame are the consultants who have mislead and misrepresented the dubious investment scheme to the victim. Third would be the Admin of GMS who is perpetuating this scam by blinding the sheep. These are the people who have blood on their hands.

The action by BNM (albeit late) ironically may have PREVENTED more suicides as thousands more would have fallen victims to the ponzi scheme and lose everything if no action was taken.



This post has been edited by Akonn: Jan 16 2013, 09:27 AM

Thanks Terry, ambitious project but a very noble one.

Waiting to see Travis reincarnate as Travis Loong VI. Ha ha ha

Looks like you are right. Alumni page is under her control and probably Sister Enda's fb page too. That's how she gets her way, by controlling everything and everyone.

Heil Hitler! Seig Heil! Mein Fuhrer Lulu has got everyone speaking German now! Spielen Sie nicht Spiel mit dieser Frau, wenn Sie nicht wollen, um am Ende in Auschwitz.

Das Ende ist nah für Genneva.... ha ha ha

This post has been edited by Akonn: Jan 18 2013, 01:45 PM

This is one of the extreme rare moments that I agree with Lulu. Indeed, EXPOSE EVERYTHING!

LET'S EXPOSE:
1. The most innovative blue ocean business model in the world and how it works.
2. Why the gap between assets and liabilities of GMSB is so great, 10X bigger.
3. What happened to investors' money and gold as BNM confiscated only 126 kg gold and RM77 million in cash.
4. All the accounting records, financial statements, documents and detail transactions of GMSB.
5. Why top directors and officials of GMSB receive massive payments and salaries when the company is NOT making any profit and in humongous liability. Where did the money come from??
6. Why until today GMSB's directors and mgmt have NOT come back to BNM with a plan to resolve the issue of paying back customers whose assets have frozen.

Totally agree that the only way to STOP manipulation and to end this fiasco is to bring everything to light. Money sucking vampires and devils do operate in darkness and choose to remain SILENT although challenged time and again. Their henchman also treat people like sheep and often lead them to the slaughter. Yes, let's bring out the LIGHT and see justice done!

This post has been edited by Akonn: Jan 19 2013, 09:47 AM

Funny but this posting by Shereen Lim exactly describes Genneva, its directors, mgmt and CONsultants. No prizes for guessing how they know SO MUCH about scammers and scamming!

This post has been edited by Akonn: Jan 19 2013, 07:40 PM

"Forgive me Father, for I have sinned. It's been about 50 years since I last confessed or even bother to attend church on Sundays. Even during Assunta days I used to ponteng Catechism classes givng Sister Enda such a freaking hard time. Lately I have scammed so many people esp old folks out of their life savings and am now feeling like crap. Now one by one are committing suicide from this ponzi scheme which I helped perpetuate. I pray that you will unfreeze Genneva's accounts, let them resume so that I can continue to get my commissions and hibah to help pay my son's college fees. In the name of the Father, the Son and the Holy Ghost, Amen."

GENNEVA THEATRICS
My, my what drama this year will be.

Krishnamoorthy Muthaly
Genneva Kavadi carriers to stage Vel Vel dance in front of Bank Negara for Thaipusam

Bank Negara is going to make to the news on Thaipusam Day. A few Genneva consultants who met at a Temple in KL today bitterly discussed that all their savings was in Gold and had not received their gold and money as Bank Negara had seized their gold. As this year was going to be a bad year without their wealth of gold with them they are hoping to make a vow to Lord Muruga help them get their gold and saings. Therefore, they are planning to stage kavadi carriers in front of Bank Negara. It is traditional for Hindus to make vows on Thaipusam day so that their vows are fulfilled. Gold donation in the form of chains and rings is another traditional vow they make to the temple for Thaipusam.[

This post has been edited by Akonn: Jan 21 2013, 10:21 PM

BREAKING: THE GOLD GUARANTEE IN SINGAPORE HAS COLLAPSED

It was reported that The Gold Guarantee in Singapore has collapsed due to financial problems. The Gold Guarantee’s (TGG) founder and CEO Lee Song Teck is now uncontactable (chow liao). We have said it many times before that all these ponzi schemes like Genneva, TGG, RG etc are UNSUSTAINABLE. If Central Banks do not raid them, they will ultimately collapsed because they are NOT sustainable. Those Genneva customers in Malaysia who have migrated to TGG, get out before you can. It's only a matter of time. BNM should also take action immediately as the House of TGG in Malaysia will follow suit. Our old friend, Andrew Ng, please get out from these blue ocean gold scams before it becomes a double whammy for you. Good Luck.



http://www.ifa-sg.com/the-gold-guarantees-...channel-8-news/

This post has been edited by Akonn: Jan 22 2013, 09:54 AM

SHOCKING:

Another shocking revelation by Krishnamoorthy Muthaly. He alleged that Genneva Management knew about Bank Negara moving in but customers were NOT told. As I see it BNM might have given stern warning to GMSB that if it did not wind up its operations, they will carry out the raid. But this were never told to the customers and the low line consultants. Only certain senior consultants must have been aware about it and got out in time to save their skins.

This post has been edited by Akonn: Jan 23 2013, 02:17 PM

Gold trader says ‘business as usual’ despite missing Singapore CEO
By Syed Jaymal Zahiid and Ida Lim
January 23, 2013

KUALA LUMPUR, Jan 23 ― Operations are proceeding uninterrupted, Singapore-based gold trader The Gold Guarantee Malaysia (TGG-M) said today, despite growing investor concern in the island republic over the reported disappearance of its chief executive, Lee Song Teck.

TGG is on Bank Negara’s consumer alert list, which was sent out after several other gold traders in an unregulated industry, such as Genneva Gold, left more than 60,000 people in a lurch after the companies accounts were frozen following the central bank’s raid last October on suspicion of violating several financial and banking laws including illegal deposit taking, money laundering and tax evasion.

“As you can see its business per usual,” an official from TGG-M told The Malaysian Insider during a visit today to its office in the upscale Mont Kiara suburb here.

The official, who spoke on condition of anonymity, said they were aware of the news report but added Malaysian clients should not be spooked by the news report and that the local subsidiary is run separately from its Singapore parent.

“What happens in Singapore will not affect what is going on here. We are independent,” the official added.

Another senior official from TGG-M had told The Malaysian Insider in an earlier phone call that the company was “in the process of legally removing” Lee but did not explain the reason behind the decision.

The Gold Guarantee was added to Bank Negara’s Consumer Alert List on November 29, 2012, with its activity listed as “gold investment”.

According to Bank Negara’s website, the list is intended to alert the public of companies that are “neither authorised nor approved under the relevant laws and regulations administered by BNM”.

The central bank stated that the list is based on “information and queries” it receives, and it is only a non-exhaustive guide for the public.

Singapore broadsheet The Straits Times (ST) reported today that TGG investors in the Lion City are increasingly worried about the fate of their investments when they failed to contact Lee after he sent out a statement on the company’s future in an e-letter on January 8.

The e-letter had reportedly announced a merger between TGG and Asia Pacific Bullion, a precious metal trading company also owned by the now-missing Lee.

ST had reported that TGG could see itself facing legal troubles since TGG and Asia Pacific Bullion had been listed on the Monetary Authority of Singapore’s Investor Alert List of unlicensed entities.

The paper cited clients as saying TGG agents have been avoiding contact with its customers who are now worried over the fate of their investments after news of the merger went public.

Lee was also reported to have skipped out on a scheduled meeting last Monday to explain the situation to its clients.

The gold-trading industry in Malaysia has come under heavy public scrutiny since the Genneva scandal broke last year.

The fiasco had since left its Malaysian investors stranded without any legal recourse to reclaim their money from the gold scheme.

Genneva’s Singaporean branch is also under investigation by the island state’s Commercial Affairs Department.

http://www.themalaysianinsider.com/malaysi...-singapore-ceo/

Note: Yeah right!! This was exactly what happened to Genneva. First the House of Genneva in Singapore collapses followed by subsidiaries in Malaysia and elsewhere.

After Lee Song Teck went MIA, who the f* in Malaysia has the faith and confidence to invest in TGG Malaysia or any goldcos for that matter (except the most gullible moron). All these ponzi goldco schemes are UNSUSTAINABLE, period!!

This post has been edited by Akonn: Jan 23 2013, 05:42 PM