Video: Genneva gold investment raided, Gold bullion seizure

Updated: January 1, 2018 / Home » English Article

Genneva Gold Investment company or gold trading firm is the one of the famous gold investment in Malaysia and Singapore.

As Genneva promise good returns to their customers, they still can run their business although Bank Negara Malaysia (BNM) has commenced investigations into Genneva Sdn Bhd start of year 2009.

The directors of Genneva Sdn. Bhd. were charged in Kuala Lumpur Sessions Court year 2010.

Genneva gold investment was raided

On 2 October 2012, Genneva was raided by Bank Negara Malaysia (BNM) , police (PRDRM), the Companies Commission of Malaysia and the Ministry of Domestic Trade, Cooperatives and Consumerism. Now, the Genneva is suspending all transaction.

RELATED  How to transfer money from Maybank to Public Bank

Genneva Gold Scam

Genneva Gold suppend trading

“The public is advised to be cautious in investing money to avoid becoming victims of activities that are illegal and in breach of the law,”~ BNM

The management staff of the company said to press, the BNM officials came twice.  It is estimated that about 100 kilograms of gold bullion was seizure.

Again, MisterLeaf hope everyone can think twice before investing. If the the returns is too good to be true, it probably is a scam.

Do you think the Genneva will be the next Bestino?

Source: Genneva Cases in BNM

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.