I was called by one of my acquaintances one afternoon and pretending to be concerned by saying that he did not have any news about me for a long time. Chit-chat went from personal to investment and he shared me this Global Intergold. Actually he shared me the Emgoldex before it was known as Global Intergold lately.
I am not new to this MLM, Binary and alike businesses. I joined the company associated with Aloe Vera products. The only difference is that this company has products which you will get when you register to join.
When do you say that a company engage in MLM or Binary is a SCAM or legit? Let's face it these companies recruit people to expand. I can say that it is legit when you get something in return when you register your name with them. Example is the products like health products and maybe a service with the right price of course. It should be competitive to the market, not overprice.
To cut the story short, this Global Intergold has no product but you have to recruit in order to earn money. They said at least two. Wow. Gold is their front or prop.
Most of these ponzi scheme businesses victimized OFWs and Expatriates with the promise of getting easy money because they knew that they have money to afford.
The big question is why they changed their name from Emgoldex to Global Intergold? Not approved by SEC in the Philippines.
I have no news what happened to my acquaintance if he get his money back with profit or not but I am certain when the recruiting is saturated everything will fall apart and good luck to the latest member who will bear the consequence.
My advised to everyone, stay way from this type of investment. If they promise big return in a short span of time then be worry. Say NO to this kind of investment. Many investment scam has been brought to the public attention but we Filipinos never learned. It is better to invest in mutual fund and stock market. All you have to do is learned how to do it.
I am not new to this MLM, Binary and alike businesses. I joined the company associated with Aloe Vera products. The only difference is that this company has products which you will get when you register to join.
When do you say that a company engage in MLM or Binary is a SCAM or legit? Let's face it these companies recruit people to expand. I can say that it is legit when you get something in return when you register your name with them. Example is the products like health products and maybe a service with the right price of course. It should be competitive to the market, not overprice.
To cut the story short, this Global Intergold has no product but you have to recruit in order to earn money. They said at least two. Wow. Gold is their front or prop.
Most of these ponzi scheme businesses victimized OFWs and Expatriates with the promise of getting easy money because they knew that they have money to afford.
The big question is why they changed their name from Emgoldex to Global Intergold? Not approved by SEC in the Philippines.
"Global InterGold is a regulated EU Company featuring an Online shop for the buying and selling of gold bars from Swiss regulated suppliers. Purchases may be completed outright or the client may elect to defer payment and subscribe to the GoldSet marketing incentives program. GoldSet offers Global InterGold clients a variety of ways to help fund their purchases and maximize their gold purchasing power.
Not only does Global InterGold sell investment gold bars, it also provides a buyback guarantee on completion of a Gold Bullion purchase order commitment.
Buyers may elect to hold their physical gold purchases personally or assign them for safekeeping in a certified depository through our licensed gold provider for a small fee.
Gold has been traded for over 5,000 years. In fluctuating economies it is a reliable investment that many governments, banks, large and mid-sized corporations as well as high net-worth individuals turn to for increased stability. Now, Global InterGold makes purchasing gold possible for just about anyone."
I have no news what happened to my acquaintance if he get his money back with profit or not but I am certain when the recruiting is saturated everything will fall apart and good luck to the latest member who will bear the consequence.
My advised to everyone, stay way from this type of investment. If they promise big return in a short span of time then be worry. Say NO to this kind of investment. Many investment scam has been brought to the public attention but we Filipinos never learned. It is better to invest in mutual fund and stock market. All you have to do is learned how to do it.
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