GIG-OS has received a pyramid scheme warning from the Central Bank of Russia.
Cited by its old name, Global InterGold, the
Central Bank’s January 2nd notice
warns GIG-OS has “signs of a pyramid scheme”.
GIG-OS is the
third reboot
of the long-running EmGoldex Ponzi scheme.
Behind
reviewed EmGoldex
back in 2014. The business model is a simple €540 EUR in, €3500 EUR out Ponzi cycler.
Recruitment of new investors is required to keep the Ponzi going, bringing the pyramid scheme element into play.
EmGoldex collapsed in 2015, prompting the first
Global InterGold
reboot.
Global InterGold collapsed in early 2020. A few months later GIG-OS surfaced.
GIG-OS stands for “Global InterGold Gold – Online Shop”.
At the time of publication Global InterGold’s website is still up. Victims who log into their account however is forwarded to GIG-OS.
GIG-OS website traffic has been in decline for most of 2021 (Alexa).
All three iterations of EmGoldex are believed to be run by Russian scammers.
GIG-OS’s official Facebook page is managed from Lativa, Russia and the UK.
🤖 Quick Answer
What is GIG-OS and why did Russia issue a warning?GIG-OS, formerly known as Global InterGold, received a pyramid scheme warning from Russia's Central Bank on January 2nd. The company operates as a Ponzi scheme requiring €540 investment with promised €3500 returns, dependent on recruiting new investors to sustain operations.
What is the history of GIG-OS?
GIG-OS represents the third reboot of EmGoldex, a long-running Ponzi scheme. EmGoldex collapsed in 2015, leading to Global InterGold's creation, which subsequently failed in early 2020 before GIG-OS emerged months later.
How does the GIG-OS business model function?
GIG-OS operates as a cyclical Ponzi scheme where participants invest €540 expecting returns of €3500. Sustainability depends entirely on continuous
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