Nasi lemak seller claims trial to 25 charges of gold investment fraud
A nasi lemak seller was charged at two separate Magistrate's Courts today on 25 counts of gold investment fraud, involving losses totalling RM161,073 from September last year to January this year.
Mon Jul 04 2022
Duped by non-existent gold investment: Woman trader loses RM90,581
A woman trader claimed a loss of RM90,581 after being deceived by a non-existent gold investment syndicate through social media.
Sat Dec 26 2020
Retiree loses over RM1 million to non-existent gold investment
The retiree realised he was duped when he wanted to make a withdrawal from his account and discovered no money was deposited into the account.
Wed Nov 04 2020
Man fined RM3,000 for duping another to invest in non-existent gold scheme
An unemployed man was fined RM3,000 in lieu of two months jail for deceiving a man into parting with RM20,000 to invest in a non-existent gold investment scheme.
Mon Jun 29 2020
Gold traders file RM146 million suit against Genneva Malaysia Sdn Bhd
A total of 1,065 gold traders are suing a gold investment company, Genneva Malaysia Sdn Bhd (Genneva), for breach of contract involving RM146 million in sales and purchase of gold.
Wed Jul 16 2014
Court acquits Genneva directors, Bank Negara to appeal
Three directors and a former director of a gold investment company, Genneva Sdn Bhd (GSB) were acquitted and discharged of money laundering and illegal deposit taking.
Thu May 16 2013