​GEC Is Game Over: Core Members of Pyramid Scheme Are Arrested!

摘要:GEC-like projects can be regarded as pyramid schemes which reap profits from beginners capital in the name of digital currencies.

Although Green Entrepreneurship Coin (GEC) has been exposed on WikiBit once, it is still being hyped up as a key to wealth in many chat groups. At present, all culprits have been arrested and sentenced except the initiator of this pyramid scheme whose surname is Huang.

Taking environmental projects as a disguise and issuing its coins, GEC has plagiarized the official website of the Green Entrepreneurship Global Foundation (GEGF) located in Hong Kong. In addition, GEC is so cunning that it allows true environmental protection activities and false ones to intermingle and incite its members to profit from beginners.

Experts in this industry noted that GEC-like projects can be regarded as pyramid schemes which reap profits from beginners capital in the name of digital currencies. This conduct is suspected of not only Initial Coin Offerings (ICOs) in a disguised manner but multi-level marketing by profiting from novices. Therefore, WikiBit is here to remind you that every environmental project asking for your investment is pyramid selling.

Core members of GEC are arrested at present. You will be harmed by this kind of pyramid scheme if you are insistent on what has been played up in chat groups! Please search the information on projects, including qualifications and reputation, via WikiBit. This is a simple but sufficient step to keep your funds safe!

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