<s>
ringID	B-Operating_System
is	O
a	O
proprietary	O
social	O
networking	O
platform	O
designed	O
and	O
developed	O
by	O
Ring	O
Inc	O
.	O
located	O
in	O
Montreal	O
,	O
Quebec	O
,	O
Canada	O
.	O
</s>
<s>
ringID	B-Operating_System
allows	O
users	O
to	O
communicate	O
for	O
free	O
using	O
their	O
individual	O
ID	O
globally	O
over	O
the	O
internet	O
.	O
</s>
<s>
ringID	B-Operating_System
was	O
initially	O
released	O
in	O
July	O
2015	O
by	O
Ring	O
Inc.	O
,	O
</s>
<s>
ringID	B-Operating_System
was	O
conceptualized	O
as	O
an	O
all-in-one	O
social	O
networking	O
platform	O
.	O
</s>
<s>
They	O
can	O
also	O
send	O
instant	B-Application
messages	I-Application
to	O
recipients	O
which	O
are	O
deleted	O
automatically	O
once	O
the	O
predefined	O
time	O
is	O
over	O
.	O
</s>
<s>
The	O
Business	O
Standard	O
has	O
accused	O
RingID	B-Operating_System
of	O
being	O
a	O
Ponzi	O
scheme	O
because	O
it	O
pays	O
users	O
for	O
bringing	O
in	O
more	O
users	O
and	O
for	O
watching	O
advertisements	O
.	O
</s>
<s>
A	O
case	O
was	O
filed	O
against	O
25	O
people	O
,	O
including	O
RingID	B-Operating_System
owners	O
,	O
under	O
the	O
Digital	O
Security	O
Act	O
and	O
the	O
Multi-Level	O
Marketing	O
Control	O
Act	O
.	O
</s>
<s>
In	O
October	O
2021	O
,	O
one	O
founder	O
was	O
remanded	O
in	O
jail	O
by	O
a	O
Dhaka	O
Metropolitan	O
Magistrate	O
,	O
after	O
his	O
arrest	O
on	O
charges	O
of	O
misappropriating	O
Tk200	O
crore	O
in	O
three	O
months	O
by	O
luring	O
people	O
to	O
ringID	B-Operating_System
's	O
investment	O
scheme	O
and	O
promising	O
online	O
income	O
.	O
</s>
<s>
Notable	O
here	O
that	O
RingID	B-Operating_System
did	O
not	O
pay	O
wages	O
to	O
hundreds	O
of	O
software	O
developers	O
between	O
2017	O
and	O
2019	O
.	O
</s>
