Thank you! I will load couple of photos.Hello, and welcome to the Forum !
The problem sounds like a failed component on the Control PCB, in the motor speed controller. Could be a power transistor that has gone short-circuit. If you have electronic skills, or know someone that does, start by checking any large transistors on that board - ones with heatsinks - for collector-emitter shorts. If not, let us see a photo of that PCB, and also any precise model numbers for your MIG and on the PCB, to try to find a Manual and a circuit diagram.