Invest
Genneva In The News, The Gold Guarantee & Asia Pacific Bullion In MAS’s Investor Alert List
By Financial Planning Central  •  September 28, 2012

Following The Business Times article of Genneva Pte Ltd being sued by customers, Genneva, The Gold Guarantee and Asia Pacific Bullion were featured in a Channel 8 news on the 27th September 2012.

According the the news clip, one gold buyback company with its office in Orchard Towers could be in financial trouble. Some customers have not been able to get back their money and is demanding a solution from the company. One customer shared her experience of investing in such schemes. Initially, she just wanted to earn a quick buck by ‘investing’ for only 3 to 6 months. But slowly, she got sucked into the scheme.

CASE also mentioned that complains against such gold buyback companies have shot up 30% to 40%.

Meanwhile, more than 20 Genneva customers have made a report to the Commercial Affairs Department (CAD). These investors have not received the cash rebate since May this year. Instead of ...

...
Read the full article
By Financial Planning Central
Tiang Chuan is a Independent Financial Adviser (IFA) with PromiseLand Independent Pte Ltd, an Independent Financial Advisory Firm. One of the reasons that propel him to join the Financial Advisory industry is the realisation of the importance of proper Financial Planning due to the experiences in his growing-up years. Read about his story to know more about what he went through
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance