It's a scam.
The guys behind this are scammers.
From day 1 they stole mining hardware from their customers.
GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging.
George Turner is a trustworthy project manager. Check this out from min 5:10 on:
https://www.ncwlife.com/gwata-tv-giga-watt/Stop spreading falsities.