Comments for Nooruladha's Weblog http://nooruladha.wordpress.com Just another WordPress.com weblog Mon, 09 Nov 2009 01:02:19 +0000 http://wordpress.com/ hourly 1 Comment on Investment scam (VC Gold) part 1 by nooruladha http://nooruladha.wordpress.com/2009/07/07/investment-scam-vc-gold-part-1/#comment-26 nooruladha Mon, 09 Nov 2009 01:02:19 +0000 http://nooruladha.wordpress.com/?p=61#comment-26 Hi vijay, sorrry to hear about your friend. As in any pyramid scheme, those who comes out earlier, is the luckier ones. As for the advice to come out of this, go to the office of the agent, as them for refund and take no for an answer. Be adamant. However, if you read the news lately, EtikaEmas has been shut down by Bank Negara for "illegal deposit taking", which means the fund they have is being frozen. Which also means, they don't have a license to operate as fund management. FYI, only banks and unit trust management has this kind of license. However, that is why they operate under so-called Co-operative license. As for my story, after six month, i took everything out as I am uncomfortable. Yeah, I got some profit, but I think it is someone else's money, not a a halal and pure return of my investment. During the time, the so-called scam is just in early stage, so they have no problem in paying me. Okay, take care now, and be safe. Hi vijay,
sorrry to hear about your friend. As in any pyramid scheme, those who comes out earlier, is the luckier ones. As for the advice to come out of this, go to the office of the agent, as them for refund and take no for an answer. Be adamant. However, if you read the news lately, EtikaEmas has been shut down by Bank Negara for “illegal deposit taking”, which means the fund they have is being frozen. Which also means, they don’t have a license to operate as fund management. FYI, only banks and unit trust management has this kind of license. However, that is why they operate under so-called Co-operative license.

As for my story, after six month, i took everything out as I am uncomfortable. Yeah, I got some profit, but I think it is someone else’s money, not a a halal and pure return of my investment. During the time, the so-called scam is just in early stage, so they have no problem in paying me. Okay, take care now, and be safe.

]]> Comment on Investment scam (VC Gold) part 1 by Vijay http://nooruladha.wordpress.com/2009/07/07/investment-scam-vc-gold-part-1/#comment-25 Vijay Fri, 06 Nov 2009 03:35:44 +0000 http://nooruladha.wordpress.com/?p=61#comment-25 Hi, Thank you for the write up on gold scams. A friend of mine was recently conned into this and I'm desperately finding ways to get her money back. I would like to know how you got out of this scam. (and the ending of the story, if thats ok.) Cheers! VJ Hi,

Thank you for the write up on gold scams. A friend of mine was recently conned into this and I’m desperately finding ways to get her money back.
I would like to know how you got out of this scam. (and the ending of the story, if thats ok.)

Cheers!
VJ

]]> Comment on Investment scam? (VC Gold) part 3 by fara http://nooruladha.wordpress.com/2009/07/08/investment-scam-vc-gold-part-3/#comment-24 fara Wed, 04 Nov 2009 11:11:41 +0000 http://nooruladha.wordpress.com/?p=70#comment-24 macam mana dengan AU Billion? ade sesape tahu tak? macam mana dengan AU Billion? ade sesape tahu tak?

]]> Comment on Investment scam? (VC Gold) part 3 by Bryant Ng http://nooruladha.wordpress.com/2009/07/08/investment-scam-vc-gold-part-3/#comment-23 Bryant Ng Sun, 30 Aug 2009 06:55:20 +0000 http://nooruladha.wordpress.com/?p=70#comment-23 are you saying thegoldlabel also a scam? my friend is an agent of thegoldlable. She has said thegoldlabel definitely not a scam. It is newly founder company that you can trust. She has invested RM200k for past 6 months and received back quite positive return. She currently has many clients who has invested on thegoldlabel. If you have any prove of scam activity, do let me know. I would like to seek clarification from her. Thank you very much! are you saying thegoldlabel also a scam? my friend is an agent of thegoldlable. She has said thegoldlabel definitely not a scam. It is newly founder company that you can trust. She has invested RM200k for past 6 months and received back quite positive return. She currently has many clients who has invested on thegoldlabel. If you have any prove of scam activity, do let me know. I would like to seek clarification from her. Thank you very much!

]]> Comment on Investment scam? (VC Gold) part 3 by littlegold http://nooruladha.wordpress.com/2009/07/08/investment-scam-vc-gold-part-3/#comment-17 littlegold Sat, 25 Jul 2009 08:04:37 +0000 http://nooruladha.wordpress.com/?p=70#comment-17 I jumpa laman ini, thegoldlabel.com, sama scheme, la.. kena jaga jaga... nanti besok baca surat khabar, sama perkara pulak.. bahaya, kena waspada. I jumpa laman ini, thegoldlabel.com, sama scheme, la.. kena jaga jaga… nanti besok baca surat khabar, sama perkara pulak.. bahaya, kena waspada.

]]> Comment on Investment scam (VC Gold) part 1 by littlegold http://nooruladha.wordpress.com/2009/07/07/investment-scam-vc-gold-part-1/#comment-16 littlegold Sat, 25 Jul 2009 08:01:57 +0000 http://nooruladha.wordpress.com/?p=61#comment-16 Is this website you are saying is thegoldlabel.com? Have to becareful, cos recent newspaper mention about this scheme. Thegoldlabel company is too good to be true. same thing as what you've mentioned, was mentioned in their faq.. Is this website you are saying is thegoldlabel.com? Have to becareful, cos recent newspaper mention about this scheme. Thegoldlabel company is too good to be true. same thing as what you’ve mentioned, was mentioned in their faq..

]]> Comment on Investment scam? (VC Gold) part 3 by nooruladha http://nooruladha.wordpress.com/2009/07/08/investment-scam-vc-gold-part-3/#comment-15 nooruladha Tue, 21 Jul 2009 23:59:04 +0000 http://nooruladha.wordpress.com/?p=70#comment-15 Ya, in Malaysia it is very hard to differentiate between pure investment and scam. Last night, BNM (Bank Negara) has closed down Etika Emas (same business model as VC Gold). Ya, in Malaysia it is very hard to differentiate between pure investment and scam. Last night, BNM (Bank Negara) has closed down Etika Emas (same business model as VC Gold).

]]> Comment on Investment scam? (VC Gold) part 3 by enchum http://nooruladha.wordpress.com/2009/07/08/investment-scam-vc-gold-part-3/#comment-14 enchum Tue, 21 Jul 2009 14:09:28 +0000 http://nooruladha.wordpress.com/?p=70#comment-14 Saya pun joint vcgold sejak september atau oktober 2008. Sejak tanam modal baru sekali dapat bayaran dividennya...selebihnya mereka bagi excuses aje...Tipah tertipu...huwaa.... Saya pun joint vcgold sejak september atau oktober 2008. Sejak tanam modal baru sekali dapat bayaran dividennya…selebihnya mereka bagi excuses aje…Tipah tertipu…huwaa….

]]> Comment on How am I, an amateur, to beat them all? by Allen Taylor http://nooruladha.wordpress.com/2008/07/21/how-am-i-an-amateur-to-beat-them-all/#comment-9 Allen Taylor Mon, 21 Jul 2008 06:34:15 +0000 http://nooruladha.wordpress.com/?p=40#comment-9 Nice writing. You are on my RSS reader now so I can read more from you down the road. Allen Taylor Nice writing. You are on my RSS reader now so I can read more from you down the road.

Allen Taylor

]]> Comment on Interesting articles of an Investor weaknesses… by financeblogger http://nooruladha.wordpress.com/2008/05/23/interesting-articles-of-an-investor-weaknesses/#comment-8 financeblogger Sun, 06 Jul 2008 23:22:31 +0000 http://nooruladha.wordpress.com/?p=12#comment-8 nice blog I have made some of these mistakes myself in the past. I think I am making far fewer now than I used to. Thank God! But I still see far to many clients making theses same kinds of mistakes and another key mistake which is the lack of diversification in investing. I met a potential client in late 2007 and he told me. I'm not going to do anything with you I'm making far to much with my Real Estate holding. OUCH! I'll bet he wishes he listened to me now. Not only have his investments lost value but he has a major liquidity problem he can not easily get away from!!! All I wanted him to do was diversify some of his worth with guaranteed prodduct that can easily produce a lifetime retirement income stream he cannot outlive. nice blog
I have made some of these mistakes myself in the past. I think I am making far fewer now than I used to. Thank God!

But I still see far to many clients making theses same kinds of mistakes and another key mistake which is the lack of diversification in investing. I met a potential client in late 2007 and he told me. I’m not going to do anything with you I’m making far to much with my Real Estate holding. OUCH! I’ll bet he wishes he listened to me now. Not only have his investments lost value but he has a major liquidity problem he can not easily get away from!!! All I wanted him to do was diversify some of his worth with guaranteed prodduct that can easily produce a lifetime retirement income stream he cannot outlive.

]]>