1. I am truly disappointed today when i discover that my family members involved in such activities and in a big wave "investing" in such scheme.
2. I have a big argument with my family members telling them to back off with such activities and the negative response that i get was really pissed me off.
3. It really torn your relationship when anything dealing with dollar and cents, this include your life partner. I really hate that when such a thing can really bring disaster to one family wealth but the authority or regulatory does not seen to do a good job to prevent such a thing from happening.
4. Only when it burst up, one will start to appreciate your advise.
5. This company Genneva Gold S/B selling Gold bar as claim by marking 25% up of the spot gold price and giving 2% each month to "investor" thereafter, introducer or upline get some commission as well. That 2% per month would interpret 24% yield in a year, far more better than Bank pathetic interest rate. Sound too good to be true right ? Furthermore, this company could has been wrongly perceived as being licensed or authorised by BNM. That is the people perception now and it happened to my family members as well. Surprisingly, people are not learned from past experienced, they will only start realised when this thing get belly up. Sad to said that, my family members being brainwashed at the moment, no word or advice will convince them. I have done my best ever to explain, now i could only wish them good luck. :(
6. I wonder why people are not buying gold through a legitimate way from Banks or any channel that back gold with birth certificate. ?
7. Is BNM looking into this seriously ? Taking this unscrupulous illegitimate "Gold Sellers" to court and charge them for AMLA or BAFIA act.?
8. One will feel satisfy through a real investment like stock market rather than gambling hard earned money through Ponzi Scheme......