Today is day 10 since the Bank Negara Malaysia(BNM) led a raid on Genneva Malaysia Sdn Bhd.
At the same time, Bank Negara Malaysia issued a Press Statements on “Update on joint raids conducted by enforcement agencies on companies suspected of conducting illegal investment schemes using gold”
The joint press release between the Attorney General’s Chambers, the Royal Malaysia Police and Bank Negara Malaysia said the gold trading firms are suspected of operating illegal investment schemes using gold.
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October 10th, 2012 | Posted in Scam | 1 Comment
According to Deputy Finance Minister, Datuk Donald Lim Siang Chai, only 35% of insurance agents earn above RM20,000 per year.
This means the balance of 65% of insurance agents earn below the average wage of a Malaysians which is RM33,000 per year.
Source: The Star, 30 August 2012
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October 8th, 2012 | Posted in Insurance | Comments Off on 35% of Insurance Agents Earn Above RM20,000 A Year
Genneva Malaysia Sdn Bhd was a very hot topic today.
This gold trading firm was raided by the Bank Negara Malaysia, police, Ministry of Domestic Trade, Cooperatives and Consumerism and the Companies Commission of Malaysia on 01 October 2012.
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October 5th, 2012 | Posted in Scam | 7 Comments
