GIG-OS is the newest chapter within the EmGoldex rip-off saga.
EmGoldex was a gold themed cycler Ponzi scheme that launched in 2014.
Following a number of regulatory investigations and fraud warnings (the US, Philippines, Malaysia, UAE), EmGoldex collapsed in mid 2015.
The corporate rebooted as International InterGold shortly after the collapse, carrying on as if nothing occurred.
In November 2015 Philippine authorities filed prison prices towards native ringleaders.
Since then International InterGold fraud warnings have been issued by Curacao and Peru.
In February 2019 authorities in Sweden arrested Joseph Tran, a serial Ponzi scammer who dated again to the EmGoldex days.
Two months in the past International InterGold collapsed and was rebooted as GIG-OS.
GIG-OS (International I Gold On-line), has been arrange as a bogus shell firm in England.
Who owns and operates any of the EmGoldex corporations has by no means been publicly disclosed. In our International InterGold overview, advertising and marketing footage recommended japanese Europeans have been behind the scheme.
That is supported by the vast majority of EmGoldex/International InterGold/GIG-OS advertising and marketing movies being natively recorded in Russian.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
GIG-OS’s Merchandise
GIG-OS has no retailable services or products, with associates solely in a position to market GIG-OS affiliate membership itself.
GIG-OS’s Compensation Plan
GIG-OS associates buy matrix cycler positions:
- Good – €235 EUR
- Professional – €385 EUR
- Accord – €485 EUR
- Line – €885 EUR
Cycler positions are legitimate for 12 months and incur further undisclosed tax charges.
After 12 months a GIG-OS affiliate should buy one other cycler place to be able to proceed incomes.
As with International InterGold, the dimensions of matrix utilized in GIG-OS isn’t disclosed.
For reference EmGoldex used 2×3 matrices, so a equally sized matrix is probably going deployed in GIG-OS.
In any occasion, cycler returns are paid when a GIG-OS affiliate’s matrix is stuffed by way of direct and oblique recruitment.
Returns paid out throughout GIG-OS’s 4 cycler tiers are as follows:
- Good – two positions paying €300 EUR every (€600 EUR complete return)
- Professional – three positions paying €750 EUR every (€2250 EUR complete return)
- Accord – two positions paying €650 EUR every (€1300 EUR complete return)
- Line – two positions paying €1200 EUR every (€2400 EUR complete return)
The decreased returns paid throughout Accord and Line counsel smaller matrix sizes is perhaps used to hurry up biking.
Management Bonus
The Management Bonus seems to be an extra fifteen-tier 4×1 matrix cycler.
To qualify for the Management Bonus a GIG-OS affiliate will need to have
- recruited three associates who’ve every invested; and
- generated €35,000 EUR in downline funding quantity.
As soon as certified, commissions are paid out utilizing what seems to be 4×1 matrices:
As I perceive it Management Bonus certified GIG-OS associates pay the charges for every cycler tier on the precise.
As different Management Bonus certified associates are positioned into their matrices, they earn the quantities in the precise two columns.
The “Minimal Bonus For Transaction” column are minimal quantities required earlier than a GIG-OS affiliate can “unlock” the subsequent Management Bonus cycler tier.
For reference, 50 items = €35,000 EUR in downline funding quantity.
Fractal Items seems to be some legacy rip-off module from International InterGold. It’s not defined in GIG-OS’s compensation plan or on their web site (neither is the Management Bonus for that matter).
Becoming a member of GIG-OS
GIG-OS affiliate membership is tied to a four-tier cycler place buy:
- Good – €235 EUR
- Professional – €385 EUR
- Accord – €485 EUR
- Line – €885 EUR
Positions are legitimate for twelve months, after which they have to be renewed.
GIG-OS state they cost tax on cycler place purchases however don’t present precise quantities.
Conclusion
GIG-OS is what you’d count on from EmGoldex’s third reboot.
Apart from the names hooked up to funding tiers altering, and naturally the corporate identify itself, GIG-OS is just about extra of the identical.
You make investments, recruit others who do the identical and obtain a share of their invested funds. Wash, rinse, repeat.
Gold is used as a advertising and marketing ploy to solicit funding. This dates again to EmGoldex, the place the ruse was folks have been in a position to purchase gold with their cycler returns.
Apart from maybe as soon as for social media advertising and marketing functions, no one opts for gold in lieu of cycler returns paid in cash.
So why hassle rebooting EmGoldex for a 3rd time?
So far as I can inform the Europeans behind the scheme are eager to have a crack at Africa.
As I write this Alexa cites Nigera (27%) as the one notable supply of visitors to GIG-OS’s web site area.
Traditionally EmGoldex and International InterGold scammed buyers in south-east Asia. That market has maybe lastly run dry, and so now they’ve set their sights on a brand new area to rip-off.
Be it Africa or south-east Asia nonetheless, a Ponzi cycler is a Ponzi cycler.
When GIG-OS affiliate recruitment collapses once more, kaboom.