Problems with Genneva Payout

[Dividends Warrior]

So how APB make money? They got tell you their "trade secret"?

"Secret" means cannot tell mah!

 

[ruzmidah]

My 2 cents:

Trust no one with ur money (which also includes gold and silver). Trust not even Genneva, APB, People who promote them, banks, shares, stocks and even the government =p

Invest in ONLY what u understand and be prepared to lose what u invest.

Take every news or what people say with a pinch of salt.

Try not to look at everything as investment or look to invest in everything. Sometimes its best to keep life simple and enjoy.

well... 4 cents actually.

 

[climber99]

Invest in ONLY what u understand and be prepared to lose what u invest.

Quote of the day!

 

[transform]

GENNEVA MALAYSIA NOW

merce
Aug 28 2012, 11:42 AM
Show posts by this member only | Post #711


Casual

Group: Junior Member
Posts: 395

Joined: Nov 2007



QUOTE(prophetjul @ Aug 28 2012, 08:35 AM)
Mind to give details of what happened to yer friend?

i dun have the exact details, but from what my customer claimed was that his friend return the gold bars Geneva, but the money were withheld due to some matter. (some sort of agreement thingy i think)

so now, he doesn't have the gold bar and he is still waiting for Geneva to return the money.

i didnt ask further thou, cause it a customer's friend not mine.

but my personal experience with Geneva marketers were never pleasant, nor convincing at all.

QUOTED FROM A FORUM DISCUSSION IN MALAYSIA

 

[sarcomere]

I have recently exited from genneva with some external help. If you need more information on the exit way please feel free to PM me.

 

[hengzzz]

REFER to his period of NS service and company join date.

NSF from S'pore Air force Moonlighting

My agent told me not to make police report...

Or else if the company closed down, my monies will sure cannot get back...

Someone'd made police report some time back when the directors were charged.

anyway, refer the article below from wanbao



Wonder if Moderator aldray was 1 of the 8 investors who made police report???

Mod aldray'd previously assured me- if there is issues or frauds, i will report to the police.

extracted from http://forums.hardwarezone.com.sg/57820082-post34.html

 

[hengzzz]

I'd not heard anything regards to licensing dept about this??

 

[Lucy1324]

I have recently exited from genneva with some external help. If you need more information on the exit way please feel free to PM me.

What external help?

Another GOLD company ( not regulated by MAS ) come up with another new Rescue Plan!!!!

Give up your GOLD and lock in for only 1 month... Get 2% returns and also UOB buying price + 30% back at end of 1 month...

ADVISE: KNOW YOUR OWN RISK!!! YOU GIVE UP YOUR OWN GOLD ASSET AND HOPE TO RECOVER FULL WITHIN A CERTAIN PERIOD OF TIME... During this period, your risk is 100%!!!

The best bet is to learn to cut lost and sell your gold away...

Do not jump from one hot pot into another...

 

[GoldInvestor]

I have recently exited from genneva with some external help. If you need more information on the exit way please feel free to PM me.

PM you for more information?

Another GOLD agent in disguise...

If you read this thread carefully, a lot of new members and asking others to PM them for "more information" or "help"...

I rest my case...

 

[transform]

What external help?

Another GOLD company ( not regulated by MAS ) come up with another new Rescue Plan!!!!

Give up your GOLD and lock in for only 1 month... Get 2% returns and also UOB buying price + 30% back at end of 1 month...

ADVISE: KNOW YOUR OWN RISK!!! YOU GIVE UP YOUR OWN GOLD ASSET AND HOPE TO RECOVER FULL WITHIN A CERTAIN PERIOD OF TIME... During this period, your risk is 100%!!!

The best bet is to learn to cut lost and sell your gold away...

Do not jump from one hot pot into another...

Do you believe in HERO ? Who will Absorb your losses 100% ?

 

[SuperHunk3488]

Well Said... But look at current situation now...

I am really surprised that you do not know that The Gold Guarantee and SG Gold is selling marked up Gold like Genneva....

No complaint + No network involved = I dun know


All not trustable companies will not tell anything...

But those also does not means that trustable companies will tell their trade secret... Believe that not much people will tell their secret receipe when their business is good...

I agreed and somehow not agreed... personally if i gonna park money for basic investment i think i have the right to know how the investment model work... not 100% but at least 60% before i jump into it.... in business point of view is always the contact, contract and connection...


Whether is it Gold, Silver, Platinum or Cigarettes, when any company is offering 24% returns - it is purely a PONZI scheme. Do you agree?

And we are HERE to warn the public about this type of PONZI investment...

Not to encourage them to jump from one hot pot into another...

What happen if they listen to your recommendations and go into Asia Pacific Bullion Rescue Plan?

Since you had "spoken" and so "strongly recommend" people to PM you for Asia Pacific Bullion Salesperson contacts, you sure know that FULL 100% AMOUNT from this "Pawn Ticket" scheme must be "reinvest" into Asia Pacific Bullion Silver Plan for 1 year. Get a warranty certificate or just a piece of paper back... This silver plan give investors 24% pa returns or 6% returns every 3 months...

Correct me if I am wrong, this is calling jumping from one HOT POT into another...

Below is your previous post...

Therefore out of so many plan he bring up to me i only share what i think is helpful for those who got their gold bar struck in the pawn shop...

 

[transform]

Therefore out of so many plan he bring up to me i only share what i think is helpful for those who got their gold bar struck in the pawn shop...

Why the Gold being Stuck in the pawn shop ??????
Can Explain ?

 

[Lover_Handphone]

Guys,

You can read more abt Genneva Gold here:

Genneva Gold » Martin Lee @ Sg

The mentioned blog discusses Genneva Gold Malaysia (in short GM2), with some references to Genneva Singapore. Also, the Gold Guarantee is also discussed. So far over 15 pages of comments (over 3 thousand posts) there

People who are affected by Genneva Singapore, do share about your experiences there as well, so that you can generate more awareness of this kind of Ponzi scheme.

But there is a troll lurking over in that blog, his/her nick is "Anonymous me" or in short "Anon me". Anon Me is a mole planted by genneva Gold, so just ignore that troll there.

 

[SuperHunk3488]

well... ok i try...

Why the Gold being Stuck in the pawn shop ??????
Can Explain ?

normal investor will do this way:-
genneva 1kg gold bar selling at $95,000
so if some customer with $200,000 can only purchase 2kg gold bar at $190,000 and get 3% discount every month based on $190,000 for a period of 3 to 6 mths contract.
they will get $5,700 every month(siong har... passive income)

But most of the Agentswill teach their customers to pawn the gold bar and generate more cash!!!!
eg: based on the same figure of $200,000 you buy 1st and 2nd gold bar at $190,000 ($10,000 still with you) and once you get the gold bar, you pawn it to a pawn shop for $60,000 each, therefore on hand you still have $120,000(the 2 gold bar you pawned) with the $120,000 you still can purchase your 3rd gold bar which is $95,000 and left with $25,000.

Now you have left with:
$10,000 (the balance after purchase 1st and 2nd gold bar) +
$25,000 (after purchased the 3rd gold bar from $120,000) +
3rd gold bar...

With the 3rd gold bar in hand they pawn it again and get another $60,000
with the balance they have $10,000 + $25,000 + $60,000 = $95,000
So they purchase the 4th gold bar with whatever balance left...

This is the situation the for those who have $200,000 that still can own 4 pcs of gold bars but 3 pcs in the pawn shop and only holding on to 1 pcs only..

By doing this way the monthly comm they get from genneva is $11,400 is DOUBLE!!!!

look... comm not coming in but.... pawn shop interest still running...
1% of $180,000($60,000 x 3) = $1,800
1.5% for delay payment.....

is just another suggestion or option for those who struck at the above mentioned situation....

 

[transform]

normal investor will do this way:-
genneva 1kg gold bar selling at $95,000
so if some customer with $200,000 can only purchase 2kg gold bar at $190,000 and get 3% discount every month based on $190,000 for a period of 3 to 6 mths contract.
they will get $5,700 every month(siong har... passive income)

But most of the Agentswill teach their customers to pawn the gold bar and generate more cash!!!!
eg: based on the same figure of $200,000 you buy 1st and 2nd gold bar at $190,000 ($10,000 still with you) and once you get the gold bar, you pawn it to a pawn shop for $60,000 each, therefore on hand you still have $120,000(the 2 gold bar you pawned) with the $120,000 you still can purchase your 3rd gold bar which is $95,000 and left with $25,000.

Now you have left with:
$10,000 (the balance after purchase 1st and 2nd gold bar) +
$25,000 (after purchased the 3rd gold bar from $120,000) +
3rd gold bar...

With the 3rd gold bar in hand they pawn it again and get another $60,000
with the balance they have $10,000 + $25,000 + $60,000 = $95,000
So they purchase the 4th gold bar with whatever balance left...

This is the situation the for those who have $200,000 that still can own 4 pcs of gold bars but 3 pcs in the pawn shop and only holding on to 1 pcs only..

By doing this way the monthly comm they get from genneva is $11,400 is DOUBLE!!!!

look... comm not coming in but.... pawn shop interest still running...
1% of $180,000($60,000 x 3) = $1,800
1.5% for delay payment.....

is just another suggestion or option for those who struck at the above mentioned situation....

WoW Ponzi eat the PONZI.
In the end the PONZI (GM2) Win.
Black eats Black all inside the same Black Scheme

 

[climber99]

normal investor will do this way:-
genneva 1kg gold bar selling at $95,000
so if some customer with $200,000 can only purchase 2kg gold bar at $190,000 and get 3% discount every month based on $190,000 for a period of 3 to 6 mths contract.
they will get $5,700 every month(siong har... passive income)

But most of the Agentswill teach their customers to pawn the gold bar and generate more cash!!!!
eg: based on the same figure of $200,000 you buy 1st and 2nd gold bar at $190,000 ($10,000 still with you) and once you get the gold bar, you pawn it to a pawn shop for $60,000 each, therefore on hand you still have $120,000(the 2 gold bar you pawned) with the $120,000 you still can purchase your 3rd gold bar which is $95,000 and left with $25,000.

So agent is the one who cause the customer to lose their gold to the pawn shops la? Just so they can earn more commission from more sales.

So still greed from the customers la. Already making $5,700 a mth with a known mark up risk, still not enough, wanna make the risk 100% with no gold bar. Stupid.

 

[SuperHunk3488]

A lot of Genneva Agents doing this!!!!

So agent is the one who cause the customer to lose their gold to the pawn shops la? Just so they can earn more commission from more sales.

So still greed from the customers la. Already making $5,700 a mth with a known mark up risk, still not enough, wanna make the risk 100% with no gold bar. Stupid.

The best part is.... Most of those heartless agents still keep their customers in the dark!!!! telling them different stories of the delay... and a lot of DUMB customers still believe them...

except those customers that park their gold in the pawn shop and still paying pawn shop interest JAM

So guys open your eyes....

No plan is still a plan... more plan more options...

 

[Lucy1324]

Do you believe in HERO ? Who will Absorb your losses 100% ?

You yourselves is to be blame for any losses...

Those agents promoting and selling those schemes are heartless...

I should refrain from perform any black magic cursing them here...

 

[Lucy1324]

No plan is still a plan... more plan more options...

Can you share more about the option that you so strongly advise?

 

[SuperHunk3488]

ok ok... since u ask me? hmm...

Can you share more about the option that you so strongly advise?

Ok listen up... i do this for Lucy1324..(car number)
option one (怕输PLAN) keep the gold till 2020 almost 8 years! might be able to break even by then or make a bit.
because history shown
2000 USD277/oz
2005 USD417/oz
2010 USD1080/oz
2012 Today is USD 1690/oz ()

option two (包吃PLAN) Now is chinese ghost month place on 7th months dinner for all VIPs, Suppoter and Guests to beat!!!
1 Kg Gold Bar 来啊？四万！四万！那里五八八八八！发阿！！
吡。。。。来这里 六八八八八！发阿！might reached $108,888.. or more?
20% go to the event and you keep the rest... but need to wait till next year unless they issue cheque on the spot!!! (if they dun pay no good for them)

option three (打包PLAN) just sell to UOB or anywhere with full CASH only!!
Game Over liao... dun think about it anymore...

option four (不怕死PLAN）find another company and start all over again...
爱拼才会赢！拼死才知痛！these are the people around always looking for next...
all are like james bond tomorrow never die, license to kill

for those who really need help... dun PM me anymore... just pray to God!!!