Hello, Welcome to my site.
I really do reviews of digital products, MLM companies, companies in just a trading niche, and so on.
I have received a touch upon my other article asking me to complete research on a company called PGI Global.
That person wanted to learn whether it's legit, or if you ought to avoid PGI Global.
Well, Is PGI Global a Scam or not?
Next couple of minutes, we're about to learn what's this company all about. How do they work, what are the Pros and Cons, and by the finish of this information, you will know if that is something for you.
I would mention some alternative methods for earning money online so hopefully, you will relish this review.
What is PGI Global Trade?
PGI Global Trade is really a company that desires to educate the world about Blockchain technology and Cryptocurrency and provide means for anyone to use inside their lives to experience financial freedom and achieve dreams for their own families and their communities.
Who Runs the PGI Global?
Ramil Ventura Palafox or also referred to as RV Palafox.
He is the founder and also CEO of PGI Global.
This person was also the president of the infamous AI Trade or also (called AI Trades Global).
AI Trade was an MLM cryptocurrency Ponzi scheme and its website has been down for a few time.
The same using their social media accounts (LinkedIn, or Facebook).
Here it is obvious that the prior name of PGI was AItrades Global.
(BTW, there is some rumor outhere that the owners of AI Trades are on the run simply because they scammed people out of plenty of money. They are probably hiding in Panama).
PGI Global has a similar concept as AI Trades used to have. So it's just a rehashed company to lure new people to the scheme.
It is quite common that folks behind new MLM cryptocurrency companies have a shady past.
(For example, people behind the Ascira are serial scammers).
Research shows that RV Palafox was also involved in several Crypto Currency based companies, like, BitClub Network, USI tech, and Trade Coin Club.
If you're a bit skeptical like me about these companies promising high returns, I am certain that your scam radar has already been on https://scamrisk.com/pgi-global-trade/.
How Did the Company Die?
PGI Global, a cryptocurrency and multilevel marketing company with over 130,000 investors in 199 countries, has defrauded tens of thousands of investors out of tens of millions of dollars.
The website of Praetorian Group International had been taken down.
As a result of PGI Global's demise, the corporation has begun to restrict comments on its official Facebook page. The business's latest post in the page, dated June 27th, details a broadcast involving PGI Global's Estonian shell company.
It appears like Palafox has fled to Dubai. Dubai has been referred to as the MLM scam capital of the globe lately because of not enough regulation and extradition accords.
In October 2020, Palafox's co-conspirator, Mark Davis, who lives in Australia, shut off his social media accounts. Davis'personal website has been deactivated as well.
Just recently. Palafox has reappeared to announce the relaunch of PGI Global. He looks to be on the run from the authorities in the United States though. As a result, he will not be directly overseeing the company's relaunch.
PGI Global has relaunched beneath the leadership of top earner Helen Graham, seeing as Palafox cannot is still on the run from the authorities. There does not seem to be any updates regarding how the organization is performing at this time though.
Final Verdict – PGI Global Review
Before I end this PGI Global review, I wish to share several more insights that may help you.
I'm certain that whenever now that you've browse the entirety of the review, you'll have learnt all you could need to know regarding this scam of a company. To begin with, I acknowledge that I have previously stated my disapproval of multi-level marketing.
Don't be studied in by any one of their promises; everything they say or do is really a ruse to obtain you to invest in a dream which they fabricated.
Similar to Ponzi scams, commissions are usually calculated by the number of new members recruited to the scheme. That's, incidentally, against the law.
The claims made by these companies continue to deceive people, which is why plenty of MLMs continue to stay in business. These businesses are masters at deceiving individuals into believing they would be given a fantastic chance that'll change their lives.
With nevertheless, I've got a great opportunity for you that isn't a rip-off and will really benefit you. It's worked for thousands of individuals before, and it just could work for you. After all, you are searching for some passive income, right?
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