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Revelation of GIB’s close connection with GCG
The pyramid scheme by GCG, the former name of GIB, is revealed as follows:
1.GCG, which started its operation at the end of December 2018, began to block investor withdrawals on a large scale from April 2019. 2. Mr. Qiu, head of GCG, was arrested by the Cambodian police in May 2019. Later, a so-called GCG general manager Mr. Zheng launched 5-5 or 6-4 orders, inflicting heavy losses on a large number of members! 3. Before absconding, GCG promised members that the withdrawal problem will be fixed if they invest US$500 to register for the GIB Digital Bank. However, the investors were still unable to withdraw money. The registration fee later increased to US$1,000. 4. GCG rebranded itself to GIB (Global Investment Bank) after it scammed 50% of GCG members’ deposits and plotted to scam the rest in the next three years. 5. Moreover, 90% of the profits in GCG members’ accounts in the past year or so were swindled with the remaining 10% left to continue their scam. 6. Currently, GIB continues to publicize its fraudulent money-raising scheme in the hope of joining the Fortune Global 500 companies!
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