Nooruladha’s Weblog

These are websites for further info regarding the EEE and VCGold. Take the info, judge for yourself….

http://www.ehoza.com/v4/forum/marketing/24486-ar-rahnu-pelaburan-emas-4.html

http://carigold.com/portal/forums/showthread.php?t=26765&page=7

http://www.etikaemas.my/

http://www.bicarajutawan.com/forum/showthread.php?p=152278

http://www.etikaemas.my/?lang=my&cat=1&id=4&mnu=4

http://al-fikrah.net/ForumsPro/viewtopic/t=4580.html

http://www.mesra.net/forum/lofiversion/index.php/t78487.html

Emails that I got regarding my post. *Disclaimer – what you do with your investment, is up to u. I don’t really care, but with knowledge you should make the informed decision.*

ni website saya tentang cerita vcgold nih…. nooruladha.wordpress.com.

dulu website vcgold ni active….vc-gold.net… For a company that claimed to be holding millions of dollar of gold, shouldnt you have great website? Tapi, walaupun ada website, tapi tak semestinya betul

saya malas nak reply dlm blog tuh, sebab masing2 cuba menegakkan benang yg basah… they claim vcgold la bagus, EEE la bagus… tapi modus operandi mereka sumer sama… they claim muslim company better la…

Saya suspect sahaja vc gold ni investment scam, tapi ni reason-nya:
1. Awak pernah dengar pasal bernie madoff? He was a respected businessman, now he was sentenced to 150 years in jail. What was his wrongdoing? He created a 65 billion investment scam, like the ali baba or the pak man telo scam… His client investors came from US and European unit trust fund, retiree fund, pension fund (like US version of EPF) and many private rich investors.

So, how he cheated them all? He tried to create a good investment company, but he promised his investor extraordinary return, 20% etc. So, it ended up with new client money was being used to pay old client.

2. Apa business model vc gold? Beli emas dari VCgold, simpan di alrahnu, claim dividend? Ada kedai pajak gadai, ada jual beli emas? Apa?

3. Siapa director, CEO company? Dulu saya tak siasat sumer ini.

4. The best investor (some may claim otherwise) in the world, Warren Buffet, created his Berkshire Hathaway for since the 60s, with annual return of 15% only average… Some expert says if you can have investment that gives you more than 20 to 30% consistently, then it must be a scam…

Saya dah lama kluar dah, sebab saya tak comfortable… walaupun saya dpt surat perjanjian, dpt duit bulan, saya tak confident. Itu sahaja….

2009/7/8 mahathir gmail

salam..sy mahathir..sy ade terbaca psl posting awk kt mungkinscam.blogspot.com berkenaan vc gold investment..bluedreamsc tu awk kan..
ahad lps sy baru di’intro’kan psl bende ni..member sy dh invest RM30K dlm vc gold sjk 2 bulan lps..
tp sy wat research skit kt forum2 dlm internet ni n sy rase ade sumtin wrong ngn vc gold nih..
harap cik dpt citer skit experience cik..tp lagi better awk terus cite kt dalam blog nih..tq..salam..

I digress a bit, to bring you this expert opinion on Bernie Madoff investment USD65 billion scams. This letter is a part of a mailing list for “Investment U”.

Dear Investment U Reader,

Last week I caused a bit of a controversy on Fox News when I suggested that Bernie Madoff might do more good than harm in the long run.

Don’t get me wrong. Madoff himself was a despicable person. Over a twenty-year period, he created the world’s biggest Ponzi scheme worth an estimated $65 billion. Hundreds of individuals, retirees, and charities were hurt or destroyed by Madoff’s deception.

He deserved to get the maximum penalty (150 years).

Nevertheless, I look at all the positive side effects of the Madoff scandal. Here are the three most valuable lessons we can learn from the biggest crime on Wall Street in a hundred years.

Investigate before you invest

Millions of investors have now learned a powerful lesson. Don’t blindly turn your hard-earned funds over to a money manager just because he promises great returns year in and year out. Be a skeptic about money managers who insist they can beat the market all the time. Make sure the manager has an independent and reliable auditor. Check the monthly statements to make sure there’s no funny business going on.

“Due diligence” finally means something again when it comes to investing.

A corollary is: Manage your own money as much as possible. Use a discount broker and select your own stocks to buy and sell. Get educated by reading books, attending seminars, subscribing to independent newsletters, and asking a lot of questions.

Take responsibility for your actions; don’t blame others for your mistakes.

If you are still uncomfortable managing your own funds, consider investing in publicly traded mutual funds with good track records that you can value daily in the newspaper or online.

Diversify, Diversify, Diversify

I really have little sympathy with individuals or charities that were wiped out by Madoff’s shenanigans. Only the greedy or stupid would invest their entire fortune or foundation’s whole endowment in a single investment.

It’s time to return to fundamentals, specifically, the “prudent man” rule that used to carry some weight on Wall Street and the New York media.

Always diversify so that no single investment can destroy your financial independence.

There is a great deal of virtue in the old proverb, “Don’t put all your eggs in one basket.” From time to time, you hear some guru suggest a modern alternative: ”Put all your eggs in one basket –and watch that basket!”

In most cases, it’s a recipe for disaster.

Sure, most entrepreneurs have made it big by concentrating in one particular business, and when they get rich, the wise ones always diversify their surplus wealth – stocks, bonds, real estate, gold, and collectibles. To invest all their wealth with one money manager or in one brokerage account, that is pure foolishness.

Don’t depend on the government to protect you

Government lawyers at the Securities and Exchange Commission (SEC) were hopelessly outwitted by Madoff’s firm. Private financial investigator Harry Markopolos warned the SEC three times about Madoff’s fraudulent activities, but Madoff got a clean bill of health from SEC investigators.

Why?

Because the SEC has a penchant to go after the little guys, such as brokers promoting penny stocks, who are usually willing to settle with a small fine, even when they are innocent. SEC agents are judged primarily by “quantitative metrics” – the number of actions it brings and cases it settles.

Last month the New York Times highlighted the incredible story of a small-time California stockbroker who was investigated by the SEC for promoting a small cap stock.

The broker refused to settle because he knew he had acted ethically within the rules, and didn’t want his good name destroyed with a “consent degree.” Even though he was repeatedly exonerated by the courts, he was left a bitter 72-year old man with $1 million in debt defending himself. “They chose me instead of Bernie Madoff,” he said, and it cost him dearly. (See the June 27, New York Times cover story, “Chasing Small Fry, SEC Let Madoff Get Away.”

On a broader more philosophical basis, the existence of the SEC creates a false sense of security, giving the illusion that somehow the public is protected by the government from frauds, deception and scandal. Now we know better.

Investors must live by the rule, “Caveat emptor.” Let the buyer beware.

Good investing, AEIOU,

Mark

This is a story of mine, how did I become involved in investment (scam?) in Malaysia.

Today, I surfed and discovered this website expose tentang vc gold. Kemudian, googling result shows vc-gold.net (official website) is no longer available.