The Bank Negara Malaysia(BNM) has release nine frequently asked questions on the recent joint raids on companies suspected of conducting illegal financial schemes using gold, for the benefit of members of the public, in particular the affected parties(victims). BNM has warned the public to be very caution when evaluating an investment scheme that sounds too […]
This is the latest update by Bank Negara Malaysia(BNM) on joint raids conducted by enforcement agencies on companies suspected of conducting illegal investment schemes using gold. There are in total of four companies suspected of conducting illegal investment schemes using gold; Genneva Malaysia Sdn Bhd, Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far […]
This is an official message from the management of Genneva Malaysia Sdn Bhd which was release at their website today. The management of Genneva Malaysia Sdn Bhd, claimed that their business model is not a “Ponzi” scheme. It’s confirmed that Bank Negara Malaysia not only seized all the documents and records of Genneva Malaysia BUT […]