Genneva Gold Investment - Too good to be true

Today I chit chat with one of my friend, he just invested in Gold Genneva.

A check from the internet:


1) They are under Bank Negara Investigation. (BNM) http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1874

2) They came out a newspaper statement no guarantee of buying back the gold. http://silvermalaysia.blogspot.com/2012/02/genneva-gold-sdn-bhd-newspaper.html


3) Their gold prices is much higher than the market rate.

4) They are 500k company, If I am one of them, Once I get my 1 billion, I just declare bankrupt since I am sdn bhd company. http://www.martinlee.sg/genneva-gold/


Personally I will not invest in it. I think anytime it will get burst.


1 comments:

definitely not for this type of investment