GIG-OS Ponzi promoter arrested in Argentina
A local leader of the GIG-OS Ponzi scheme has been arrested in Argentina.
Only identified as “FMV”, the scammer was arrested during a series of raids last Thursday.
As reported by Rosario3 on December 7th;
The detainee is expected to be taken to an indictment hearing by the economic crimes prosecutor Mariano Ríos Artacho.
Following Global Intergold, the second collapsed reboot of EmGoldex, GIG-OS saw the Ponzi transition to cryptocurrency.
Heading up GIG-OS is Dmitry Aksyonov.
Other than him being Russian, nothing is known about Aksyonov. While GIG-OS is likely run by Russians, Aksyonov himself is a prime Boris CEO candidate.
The arrest of an Argentinian GIG-OS promoter coincides with the resurrection of the Ponzi scheme across South America.
Global Intergold , a company that promised extraordinary profits and, according to the complainants, postponed the rendering of payments to investors, unleashing a flood of complaints since at least March 2022.
SimilarWeb tracked ~74,000 visits to GIG-OS’ website in November 2023, down from ~160,000 in September.
Top sources of GIG-OS website traffic are Argentina (51%, down 30% month on month), Brazil (21%), Venezuela (6%), Uruguay (5%) and the Netherlands (5%).
The Central Bank of Uruguay issued GIG-OS and Global InterGold securities fraud warnings earlier this year in February.
Other related regulatory action, dating back to Emgoldex, includes:
- Massachusetts initiating a civil fraud investigation into Emgoldex in 2014
- the Philippine SEC issuing an EmGoldex securities fraud warning in 2015
- the Bank of Malaysia adding EmGoldex to its investment blacklist in 2015
- Dubai issuing an Emgoldex shell company fraud warning in 2015 (this was before Dubai positioned itself as the MLM crime capital of the world)
- criminal charges filed against Philippine Global Intergold leaders in 2015
- an EmGoldex fraud warning issued by the Central Bank of Curacao in 2016
- a Global InterGold fraud warning issued by Peru in 2016
- the arrest of former EmGoldex promoter Joseph Tran in Sweden in 2019
- a GIG-OS pyramid fraud warning issued by the Central Bank of Russia in 2021 and
- Italy banning GIG-OS and Global Success Management in 2022