Month: May 2021

SEC Charges Five Individuals Tied to BitConnect Scam

SEC Charges Five Individuals Tied to BitConnect Scam

The U.S. Securities and Exchange Commission has charged five individuals in connection with the Ponzi scheme BitConnect.

SEC Charges BitConnect Promoters
The SEC says that from January 2017 to January 2018, BitConnect sold its cryptocurrency securities through four main promoters: Trevon Brown (aka Trevon James), Craig Grant, Ryan Maasen, and Michael Noble (aka Michael Crypto).

The SEC says that these individuals advertised BitConnect by publishing testimonial videos to YouTube, and that they received commissions for successfully attracting investors.

It adds that another individual, Joshua Jeppesen, acted as a liason between BitConnect and its promoters.

The SEC charges the promoters with violating the registration provisions of federal security law and charges Jepsen with aiding and abetting BitConnect’s unregistered securities offering.

The regulator has filed its complaint in the United States District Court for the Southern District of New York.

What Was BitConnect?
BitConnect raised more than $2 billion from investors in 2017, and it briefly entered the list of the top twenty cryptocurrencies.

However, the scheme was short lived, and investors quickly suspected BitConnect was a Ponzi scheme due to to the unlikely returns that it promised. Regulators in Texas, North Carolina, and Kentucky issued cease and desist orders and restraining orders.

Though BitConnect was a short-lived operation, it remains one of the most infamous crypto Ponzi schemes in crypto history.

Another related scheme, BitConnect 2.0, emerged in 2019, but ultimately amounted to nothing and quickly disappeared.

$28 Million Maryland Ponzi Scam Offered Crypto Payout

$28 Million Maryland Ponzi Scam Offered Crypto Payout

The FBI is investigating a Ponzi scheme in which three people stole $28 million by promising returns on cryptocurrency and other investments.

Ponzi Promised Crypto Returns
According to a Dec. 18 release, the alleged perpetrators operated an investment company, Smart Partners LLC, formerly “1st Million.”

Three individuals—Dennis Jali, John Frimpong, and Arley Johnson—allegedly posed as pastors and sought investments during hotel and church events. They promised that the investment fund would help churches and their members and reach financial freedom.

The supposed perpetrators promised to invest the money they received in cryptocurrency markets and foreign exchange investments. However, the FBI says that the group actually used funds to pay back earlier investors.

The FBI has called the behavior “consistent with a Ponzi scheme” and is seeking victims for assistance. The alleged perpetrators were charged by the FBI in July, and by the SEC in August.

Other Similar Cases
This is not the first time that an investment firm has fraudulently promised returns on cryptocurrency investments. In June, the FBI and the SEC and the FBI shut down High Street Capital, a Pennsylvania-based investment fund in which the perpetrators used cryptocurrency proceeds for personal gain.

More recently, the SEC charged the Australian-based investment firm Virgil Capital and its operator with fraud.

Both the FBI and the SEC have warned of a possible rise in cryptocurrency-related investment fraud. Crypto is appealing to investors as a cutting-edge investment, but also appealing to perpetrators due to its privacy features and ease of circulation.

FRANCE – OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

Picture of Ramil Ventura Palafox (left) and Mark Davis (right) both running the Ponzi bitcoin scheme at AI Trades (Photo taken from PGI Global official facebook page)

Do you want to report PGI Global? 

If you come across this page, you have a responsibility to share this page on social media to warn family and friends from ‘investing’ with this company.

You can now download Worldwide Investors Group (WIG) Official article on PGI Global.

FRANCE - 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

LONDON, [OUTSIDE US, CANADA OR AU], UNITED KINGDOM, May 26, 2021 — PGI Global, a cryptocurrency and MLM company with over 130,000 investors across 199 countries is likely to become the biggest Ponzi scam since Bernie Madoff Ponzi scheme that defrauded thousands of investors out of tens of billions of dollars in 2009.

There have been numerous international reviews on PGI Global and its business practices but most of the reviews have been from people who have not invested in the scheme; this is the first time the world will hear from investors who are currently investors in PGI Ponzi scheme.

My name is Ken Uwotu, I am a PGI investor and the group leader of the telegram group ‘worldwide investors group’ (WIG), a group of over 1,350 PGI investors worldwide.

In the public interest we have decided to alert Interpol and national government agencies around the world to investigate PGI Global, a company most investors now strongly believe is a Ponzi scheme and we wish to warn unsuspecting and vulnerable investors not to fall prey to this ‘highly sophisticated’ bitcoin scam and PYRAMID Ponzi scheme.

PGI FOUNDERS ‘THE SHADY CHARACTERS’ – RAMIL VENTURA PALAFOX AND MARK DAVIS

Ramil Ventura Palafox (RV) worked for Trade Coin Club (TCC) between 2017 and 2018. He was the face of TCC in South East Asia. TCC affiliates invested in Bitcoin on the promise of an advertised daily ROI of up to 0.45% for a period of 12 months; TCC closed in June 2018 and disappeared with 167,000 BTC (current value today $62 billion) of investors’ money. Joff Paradise was the face of TCC and the owner of AI Trade however Joff was forced to step down as owner of AI Trade because he was being chased for the stolen investors’ funds at TCC. Joff Paradise made Ramil Ventura Palafox AI President. Ramil Ventura (RV) Palafox and Mark Davis worked together running AI Trades. Ramil Palafox as President and Mark Davis as Chief Communications Officer (CCO). Trade Coin Club and AI Trade are well-established Ponzi schemes and have been declared scams by legal authorities.

PGI Global’s most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 and above – unlimited to join the Titanium Level. To ensure passive income from the company, it promises to give daily ROIs of between 0.5%-3% until a member’s package reaches a maximum 200 days or 200% of your investment, whichever comes first. There is no evidence shown to members of PGI Global trading in bitcoin and the company recently launched products. However, there has not been ordinary Investors known to have purchased these products, considering that members have not been paid since these products were launched. To be a member you must buy their affiliate memberships to become a part of the community.

The signs of a possible PGI exit strategy began to emerge on January 18th 2021 when RV claimed the company had problems with their third payment gateway partners, which has resulted in investors’ payments being held up in ‘the blockchain’.

In a monthly members’ meet up video recorded in March 2021, RV told investors that he has purchased Kala Wallet for $20 million and that Kala Wallet will be launched at the beginning of April 2021, RV stated this action would make the processing of payments much faster as PGI would now have its own blockchain and would the only company to have its own blockchain technology. The validity of a partnership arrangement with Kala was investigated and it was discovered that PGI is not listed as one of Kala Coins’ partners on its website and Kala have confirmed that PGI has not purchased Kala.

The impact of PGI’s action not to pay investors is immeasurable. I have spoken to investors who say they are now depressed, suicidal, have developed illnesses. Last week we received confirmed report of three PGI investors, a couple and nephew who drank poison and died in South Africa as a direct result of PGI Global’s action not to pay investors.

On 3rd May, PGI stated that they were launching PGI 2.0 and fraudulently changed the payment status on investors’ back-office records from ‘processing’ to ‘cash-out refunded’ but retained investors’ Bitcoin investment pay-outs in PGI’s bitcoin wallet.

PGI Global stopped paying investors on 15th of Feb 2021, PGI has now turned their attention to recruiting low income and the vulnerable people to join the scheme. From February 2020 to August 2020 at the height of COVID 19 pandemic, PGI global made $30,000,000 in revenue according to its official Facebook page. WIG has measured the impact of PGI’s action not to pay investors. In a recent survey, it showed about 80% of investors have investment packages ranging from $1000 – $10,000 and 87.1% of investors who took part in the survey have investments monies ranging from $88 – $10,000 showing that majority of PGI’s investors are low-income earners and vulnerable.

It is important to state the Bitcoin scam companies mentioned above mirrors PGI Global. A last-minute meeting on 23/05/2021 to get PGI to pay investors failed.

For further information, contact us at mailto:worldwideinvestorstelegram@gmail.com

FOUNDERS (CORPORATE)
Ramil Ventura Palafox – PGI founder/CEO
Mark Davis – Vice President, PGI Global and COO
Raquel Paulino – Co founder, Philippines
Rosario Austria, MD – Vice President, Health & Well being

PGI PRESIDENTS (MLM)
Helen L Graham- PGI Global President
Shofi Ullah- PGI President Europe
Bako Faysal – PGI President Asia
Benny Akiki Mwesigwa – PGI President Africa
Philip Ndungu – PGI President Latin America
Mingthoy Mendez – PGI President Latin America
Miguel Lopez – PGI President Latin America
Mielli Motsepe – PGI President South Africa
Harrison Omojafo – PGI President UK
Swimm Oma-Pharooq – PGI President UK
Julie Ladycoin – PGI President Nigeria
Shaida Kareem – PGI President Iraq
Dr Rose Okpara – PGI President North America

OTHER INDIVIDUALS OF INTEREST

Claire Wilkinson – Helen Graham’s Secretary
Denise Skeels – Ramil Ventura Palafox’s PA/Liaison Officer

ADDITIONAL RESOURCES

PGI Trust pilot review
PGI Global Official Website

Ramil Palafox living life on the fast lane off in the United States

AUSTRIA – OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

Picture of Ramil Ventura Palafox (left) and Mark Davis (right) both running the Ponzi bitcoin scheme at AI Trades (Photo taken from PGI Global official facebook page)

Do you want to report PGI Global? 

If you come across this page, you have a responsibility to share this page on social media to warn family and friends from ‘investing’ with this company.

You can now download Worldwide Investors Group (WIG) Official article on PGI Global.

AUSTRIA - OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

LONDON, [OUTSIDE US, CANADA OR AU], UNITED KINGDOM, May 26, 2021 — PGI Global, a cryptocurrency and MLM company with over 130,000 investors across 199 countries is likely to become the biggest Ponzi scam since Bernie Madoff Ponzi scheme that defrauded thousands of investors out of tens of billions of dollars in 2009.

There have been numerous international reviews on PGI Global and its business practices but most of the reviews have been from people who have not invested in the scheme; this is the first time the world will hear from investors who are currently investors in PGI Ponzi scheme.

My name is Ken Uwotu, I am a PGI investor and the group leader of the telegram group ‘worldwide investors group’ (WIG), a group of over 1,350 PGI investors worldwide.

In the public interest we have decided to alert Interpol and national government agencies around the world to investigate PGI Global, a company most investors now strongly believe is a Ponzi scheme and we wish to warn unsuspecting and vulnerable investors not to fall prey to this ‘highly sophisticated’ bitcoin scam and PYRAMID Ponzi scheme.

PGI FOUNDERS ‘THE SHADY CHARACTERS’ – RAMIL VENTURA PALAFOX AND MARK DAVIS

Ramil Ventura Palafox (RV) worked for Trade Coin Club (TCC) between 2017 and 2018. He was the face of TCC in South East Asia. TCC affiliates invested in Bitcoin on the promise of an advertised daily ROI of up to 0.45% for a period of 12 months; TCC closed in June 2018 and disappeared with 167,000 BTC (current value today $62 billion) of investors’ money. Joff Paradise was the face of TCC and the owner of AI Trade however Joff was forced to step down as owner of AI Trade because he was being chased for the stolen investors’ funds at TCC. Joff Paradise made Ramil Ventura Palafox AI President. Ramil Ventura (RV) Palafox and Mark Davis worked together running AI Trades. Ramil Palafox as President and Mark Davis as Chief Communications Officer (CCO). Trade Coin Club and AI Trade are well-established Ponzi schemes and have been declared scams by legal authorities.

PGI Global’s most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 and above – unlimited to join the Titanium Level. To ensure passive income from the company, it promises to give daily ROIs of between 0.5%-3% until a member’s package reaches a maximum 200 days or 200% of your investment, whichever comes first. There is no evidence shown to members of PGI Global trading in bitcoin and the company recently launched products. However, there has not been ordinary Investors known to have purchased these products, considering that members have not been paid since these products were launched. To be a member you must buy their affiliate memberships to become a part of the community.

The signs of a possible PGI exit strategy began to emerge on January 18th 2021 when RV claimed the company had problems with their third payment gateway partners, which has resulted in investors’ payments being held up in ‘the blockchain’.

In a monthly members’ meet up video recorded in March 2021, RV told investors that he has purchased Kala Wallet for $20 million and that Kala Wallet will be launched at the beginning of April 2021, RV stated this action would make the processing of payments much faster as PGI would now have its own blockchain and would the only company to have its own blockchain technology. The validity of a partnership arrangement with Kala was investigated and it was discovered that PGI is not listed as one of Kala Coins’ partners on its website and Kala have confirmed that PGI has not purchased Kala.

The impact of PGI’s action not to pay investors is immeasurable. I have spoken to investors who say they are now depressed, suicidal, have developed illnesses. Last week we received confirmed report of three PGI investors, a couple and nephew who drank poison and died in South Africa as a direct result of PGI Global’s action not to pay investors.

On 3rd May, PGI stated that they were launching PGI 2.0 and fraudulently changed the payment status on investors’ back-office records from ‘processing’ to ‘cash-out refunded’ but retained investors’ Bitcoin investment pay-outs in PGI’s bitcoin wallet.

PGI Global stopped paying investors on 15th of Feb 2021, PGI has now turned their attention to recruiting low income and the vulnerable people to join the scheme. From February 2020 to August 2020 at the height of COVID 19 pandemic, PGI global made $30,000,000 in revenue according to its official Facebook page. WIG has measured the impact of PGI’s action not to pay investors. In a recent survey, it showed about 80% of investors have investment packages ranging from $1000 – $10,000 and 87.1% of investors who took part in the survey have investments monies ranging from $88 – $10,000 showing that majority of PGI’s investors are low-income earners and vulnerable.

It is important to state the Bitcoin scam companies mentioned above mirrors PGI Global. A last-minute meeting on 23/05/2021 to get PGI to pay investors failed.

For further information, contact us at mailto:worldwideinvestorstelegram@gmail.com

FOUNDERS (CORPORATE)
Ramil Ventura Palafox – PGI founder/CEO
Mark Davis – Vice President, PGI Global and COO
Raquel Paulino – Co founder, Philippines
Rosario Austria, MD – Vice President, Health & Well being

PGI PRESIDENTS (MLM)
Helen L Graham- PGI Global President
Shofi Ullah- PGI President Europe
Bako Faysal – PGI President Asia
Benny Akiki Mwesigwa – PGI President Africa
Philip Ndungu – PGI President Latin America
Mingthoy Mendez – PGI President Latin America
Miguel Lopez – PGI President Latin America
Mielli Motsepe – PGI President South Africa
Harrison Omojafo – PGI President UK
Swimm Oma-Pharooq – PGI President UK
Julie Ladycoin – PGI President Nigeria
Shaida Kareem – PGI President Iraq
Dr Rose Okpara – PGI President North America

OTHER INDIVIDUALS OF INTEREST

Claire Wilkinson – Helen Graham’s Secretary
Denise Skeels – Ramil Ventura Palafox’s PA/Liaison Officer

ADDITIONAL RESOURCES

PGI Trust pilot review
PGI Global Official Website

Ramil Palafox living life on the fast lane off in the United States

QATAR – OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

Picture of Ramil Ventura Palafox (left) and Mark Davis (right) both running the Ponzi bitcoin scheme at AI Trades (Photo taken from PGI Global official facebook page)

Do you want to report PGI Global? 

If you come across this page, you have a responsibility to share this page on social media to warn family and friends from ‘investing’ with this company.

You can now download Worldwide Investors Group (WIG) Official article on PGI Global.

QATAR - OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

LONDON, [OUTSIDE US, CANADA OR AU], UNITED KINGDOM, May 26, 2021 — PGI Global, a cryptocurrency and MLM company with over 130,000 investors across 199 countries is likely to become the biggest Ponzi scam since Bernie Madoff Ponzi scheme that defrauded thousands of investors out of tens of billions of dollars in 2009.

There have been numerous international reviews on PGI Global and its business practices but most of the reviews have been from people who have not invested in the scheme; this is the first time the world will hear from investors who are currently investors in PGI Ponzi scheme.

My name is Ken Uwotu, I am a PGI investor and the group leader of the telegram group ‘worldwide investors group’ (WIG), a group of over 1,350 PGI investors worldwide.

In the public interest we have decided to alert Interpol and national government agencies around the world to investigate PGI Global, a company most investors now strongly believe is a Ponzi scheme and we wish to warn unsuspecting and vulnerable investors not to fall prey to this ‘highly sophisticated’ bitcoin scam and PYRAMID Ponzi scheme.

PGI FOUNDERS ‘THE SHADY CHARACTERS’ – RAMIL VENTURA PALAFOX AND MARK DAVIS

Ramil Ventura Palafox (RV) worked for Trade Coin Club (TCC) between 2017 and 2018. He was the face of TCC in South East Asia. TCC affiliates invested in Bitcoin on the promise of an advertised daily ROI of up to 0.45% for a period of 12 months; TCC closed in June 2018 and disappeared with 167,000 BTC (current value today $62 billion) of investors’ money. Joff Paradise was the face of TCC and the owner of AI Trade however Joff was forced to step down as owner of AI Trade because he was being chased for the stolen investors’ funds at TCC. Joff Paradise made Ramil Ventura Palafox AI President. Ramil Ventura (RV) Palafox and Mark Davis worked together running AI Trades. Ramil Palafox as President and Mark Davis as Chief Communications Officer (CCO). Trade Coin Club and AI Trade are well-established Ponzi schemes and have been declared scams by legal authorities.

PGI Global’s most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 and above – unlimited to join the Titanium Level. To ensure passive income from the company, it promises to give daily ROIs of between 0.5%-3% until a member’s package reaches a maximum 200 days or 200% of your investment, whichever comes first. There is no evidence shown to members of PGI Global trading in bitcoin and the company recently launched products. However, there has not been ordinary Investors known to have purchased these products, considering that members have not been paid since these products were launched. To be a member you must buy their affiliate memberships to become a part of the community.

The signs of a possible PGI exit strategy began to emerge on January 18th 2021 when RV claimed the company had problems with their third payment gateway partners, which has resulted in investors’ payments being held up in ‘the blockchain’.

In a monthly members’ meet up video recorded in March 2021, RV told investors that he has purchased Kala Wallet for $20 million and that Kala Wallet will be launched at the beginning of April 2021, RV stated this action would make the processing of payments much faster as PGI would now have its own blockchain and would the only company to have its own blockchain technology. The validity of a partnership arrangement with Kala was investigated and it was discovered that PGI is not listed as one of Kala Coins’ partners on its website and Kala have confirmed that PGI has not purchased Kala.

The impact of PGI’s action not to pay investors is immeasurable. I have spoken to investors who say they are now depressed, suicidal, have developed illnesses. Last week we received confirmed report of three PGI investors, a couple and nephew who drank poison and died in South Africa as a direct result of PGI Global’s action not to pay investors.

On 3rd May, PGI stated that they were launching PGI 2.0 and fraudulently changed the payment status on investors’ back-office records from ‘processing’ to ‘cash-out refunded’ but retained investors’ Bitcoin investment pay-outs in PGI’s bitcoin wallet.

PGI Global stopped paying investors on 15th of Feb 2021, PGI has now turned their attention to recruiting low income and the vulnerable people to join the scheme. From February 2020 to August 2020 at the height of COVID 19 pandemic, PGI global made $30,000,000 in revenue according to its official Facebook page. WIG has measured the impact of PGI’s action not to pay investors. In a recent survey, it showed about 80% of investors have investment packages ranging from $1000 – $10,000 and 87.1% of investors who took part in the survey have investments monies ranging from $88 – $10,000 showing that majority of PGI’s investors are low-income earners and vulnerable.

It is important to state the Bitcoin scam companies mentioned above mirrors PGI Global. A last-minute meeting on 23/05/2021 to get PGI to pay investors failed.

For further information, contact us at mailto:worldwideinvestorstelegram@gmail.com

FOUNDERS (CORPORATE)
Ramil Ventura Palafox – PGI founder/CEO
Mark Davis – Vice President, PGI Global and COO
Raquel Paulino – Co founder, Philippines
Rosario Austria, MD – Vice President, Health & Well being

PGI PRESIDENTS (MLM)
Helen L Graham- PGI Global President
Shofi Ullah- PGI President Europe
Bako Faysal – PGI President Asia
Benny Akiki Mwesigwa – PGI President Africa
Philip Ndungu – PGI President Latin America
Mingthoy Mendez – PGI President Latin America
Miguel Lopez – PGI President Latin America
Mielli Motsepe – PGI President South Africa
Harrison Omojafo – PGI President UK
Swimm Oma-Pharooq – PGI President UK
Julie Ladycoin – PGI President Nigeria
Shaida Kareem – PGI President Iraq
Dr Rose Okpara – PGI President North America

OTHER INDIVIDUALS OF INTEREST

Claire Wilkinson – Helen Graham’s Secretary
Denise Skeels – Ramil Ventura Palafox’s PA/Liaison Officer

ADDITIONAL RESOURCES

PGI Trust pilot review
PGI Global Official Website

Ramil Palafox living life on the fast lane off in the United States

EGYPT – OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

Picture of Ramil Ventura Palafox (left) and Mark Davis (right) both running the Ponzi bitcoin scheme at AI Trades (Photo taken from PGI Global official facebook page)

Do you want to report PGI Global? 

If you come across this page, you have a responsibility to share this page on social media to warn family and friends from ‘investing’ with this company.

You can now download Worldwide Investors Group (WIG) Official article on PGI Global.

EQYPT - OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

LONDON, [OUTSIDE US, CANADA OR AU], UNITED KINGDOM, May 26, 2021 — PGI Global, a cryptocurrency and MLM company with over 130,000 investors across 199 countries is likely to become the biggest Ponzi scam since Bernie Madoff Ponzi scheme that defrauded thousands of investors out of tens of billions of dollars in 2009.

There have been numerous international reviews on PGI Global and its business practices but most of the reviews have been from people who have not invested in the scheme; this is the first time the world will hear from investors who are currently investors in PGI Ponzi scheme.

My name is Ken Uwotu, I am a PGI investor and the group leader of the telegram group ‘worldwide investors group’ (WIG), a group of over 1,350 PGI investors worldwide.

In the public interest we have decided to alert Interpol and national government agencies around the world to investigate PGI Global, a company most investors now strongly believe is a Ponzi scheme and we wish to warn unsuspecting and vulnerable investors not to fall prey to this ‘highly sophisticated’ bitcoin scam and PYRAMID Ponzi scheme.

PGI FOUNDERS ‘THE SHADY CHARACTERS’ – RAMIL VENTURA PALAFOX AND MARK DAVIS

Ramil Ventura Palafox (RV) worked for Trade Coin Club (TCC) between 2017 and 2018. He was the face of TCC in South East Asia. TCC affiliates invested in Bitcoin on the promise of an advertised daily ROI of up to 0.45% for a period of 12 months; TCC closed in June 2018 and disappeared with 167,000 BTC (current value today $62 billion) of investors’ money. Joff Paradise was the face of TCC and the owner of AI Trade however Joff was forced to step down as owner of AI Trade because he was being chased for the stolen investors’ funds at TCC. Joff Paradise made Ramil Ventura Palafox AI President. Ramil Ventura (RV) Palafox and Mark Davis worked together running AI Trades. Ramil Palafox as President and Mark Davis as Chief Communications Officer (CCO). Trade Coin Club and AI Trade are well-established Ponzi schemes and have been declared scams by legal authorities.

PGI Global’s most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 and above – unlimited to join the Titanium Level. To ensure passive income from the company, it promises to give daily ROIs of between 0.5%-3% until a member’s package reaches a maximum 200 days or 200% of your investment, whichever comes first. There is no evidence shown to members of PGI Global trading in bitcoin and the company recently launched products. However, there has not been ordinary Investors known to have purchased these products, considering that members have not been paid since these products were launched. To be a member you must buy their affiliate memberships to become a part of the community.

The signs of a possible PGI exit strategy began to emerge on January 18th 2021 when RV claimed the company had problems with their third payment gateway partners, which has resulted in investors’ payments being held up in ‘the blockchain’.

In a monthly members’ meet up video recorded in March 2021, RV told investors that he has purchased Kala Wallet for $20 million and that Kala Wallet will be launched at the beginning of April 2021, RV stated this action would make the processing of payments much faster as PGI would now have its own blockchain and would the only company to have its own blockchain technology. The validity of a partnership arrangement with Kala was investigated and it was discovered that PGI is not listed as one of Kala Coins’ partners on its website and Kala have confirmed that PGI has not purchased Kala.

The impact of PGI’s action not to pay investors is immeasurable. I have spoken to investors who say they are now depressed, suicidal, have developed illnesses. Last week we received confirmed report of three PGI investors, a couple and nephew who drank poison and died in South Africa as a direct result of PGI Global’s action not to pay investors.

On 3rd May, PGI stated that they were launching PGI 2.0 and fraudulently changed the payment status on investors’ back-office records from ‘processing’ to ‘cash-out refunded’ but retained investors’ Bitcoin investment pay-outs in PGI’s bitcoin wallet.

PGI Global stopped paying investors on 15th of Feb 2021, PGI has now turned their attention to recruiting low income and the vulnerable people to join the scheme. From February 2020 to August 2020 at the height of COVID 19 pandemic, PGI global made $30,000,000 in revenue according to its official Facebook page. WIG has measured the impact of PGI’s action not to pay investors. In a recent survey, it showed about 80% of investors have investment packages ranging from $1000 – $10,000 and 87.1% of investors who took part in the survey have investments monies ranging from $88 – $10,000 showing that majority of PGI’s investors are low-income earners and vulnerable.

It is important to state the Bitcoin scam companies mentioned above mirrors PGI Global. A last-minute meeting on 23/05/2021 to get PGI to pay investors failed.

For further information, contact us at mailto:worldwideinvestorstelegram@gmail.com

FOUNDERS (CORPORATE)
Ramil Ventura Palafox – PGI founder/CEO
Mark Davis – Vice President, PGI Global and COO
Raquel Paulino – Co founder, Philippines
Rosario Austria, MD – Vice President, Health & Well being

PGI PRESIDENTS (MLM)
Helen L Graham- PGI Global President
Shofi Ullah- PGI President Europe
Bako Faysal – PGI President Asia
Benny Akiki Mwesigwa – PGI President Africa
Philip Ndungu – PGI President Latin America
Mingthoy Mendez – PGI President Latin America
Miguel Lopez – PGI President Latin America
Mielli Motsepe – PGI President South Africa
Harrison Omojafo – PGI President UK
Swimm Oma-Pharooq – PGI President UK
Julie Ladycoin – PGI President Nigeria
Shaida Kareem – PGI President Iraq
Dr Rose Okpara – PGI President North America

OTHER INDIVIDUALS OF INTEREST

Claire Wilkinson – Helen Graham’s Secretary
Denise Skeels – Ramil Ventura Palafox’s PA/Liaison Officer

ADDITIONAL RESOURCES

PGI Trust pilot review
PGI Global Official Website

Ramil Palafox living life on the fast lane off in the United States

GERMANY- OVER 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

Picture of Ramil Ventura Palafox (left) and Mark Davis (right) both running the Ponzi bitcoin scheme at AI Trades (Photo taken from PGI Global official  facebook page)

Do you want to report PGI Global? 

If you come across this page, you have a responsibility to share this page on social media to warn family and friends from ‘investing’ with this company.

You can now download Worldwide Investors Group (WIG) Official article on PGI Global.

GERMANY - 130,000 INVESTORS WORLDWIDE LOSE MONEY TO PRAETORIAN GROUP INTERNATIONAL (PGI) PONZI SCHEME

LONDON, [OUTSIDE US, CANADA OR AU], UNITED KINGDOM, May 26, 2021 — PGI Global, a cryptocurrency and MLM company with over 130,000 investors across 199 countries is likely to become the biggest Ponzi scam since Bernie Madoff Ponzi scheme that defrauded thousands of investors out of tens of billions of dollars in 2009.

There have been numerous international reviews on PGI Global and its business practices but most of the reviews have been from people who have not invested in the scheme; this is the first time the world will hear from investors who are currently investors in PGI Ponzi scheme.

My name is Ken Uwotu, I am a PGI investor and the group leader of the telegram group ‘worldwide investors group’ (WIG), a group of over 1,350 PGI investors worldwide.

In the public interest we have decided to alert Interpol and national government agencies around the world to investigate PGI Global, a company most investors now strongly believe is a Ponzi scheme and we wish to warn unsuspecting and vulnerable investors not to fall prey to this ‘highly sophisticated’ bitcoin scam and PYRAMID Ponzi scheme.

PGI FOUNDERS ‘THE SHADY CHARACTERS’ – RAMIL VENTURA PALAFOX AND MARK DAVIS

Ramil Ventura Palafox (RV) worked for Trade Coin Club (TCC) between 2017 and 2018. He was the face of TCC in South East Asia. TCC affiliates invested in Bitcoin on the promise of an advertised daily ROI of up to 0.45% for a period of 12 months; TCC closed in June 2018 and disappeared with 167,000 BTC (current value today $62 billion) of investors’ money. Joff Paradise was the face of TCC and the owner of AI Trade however Joff was forced to step down as owner of AI Trade because he was being chased for the stolen investors’ funds at TCC. Joff Paradise made Ramil Ventura Palafox AI President. Ramil Ventura (RV) Palafox and Mark Davis worked together running AI Trades. Ramil Palafox as President and Mark Davis as Chief Communications Officer (CCO). Trade Coin Club and AI Trade are well-established Ponzi schemes and have been declared scams by legal authorities.

PGI Global’s most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 and above – unlimited to join the Titanium Level. To ensure passive income from the company, it promises to give daily ROIs of between 0.5%-3% until a member’s package reaches a maximum 200 days or 200% of your investment, whichever comes first. There is no evidence shown to members of PGI Global trading in bitcoin and the company recently launched products. However, there has not been ordinary Investors known to have purchased these products, considering that members have not been paid since these products were launched. To be a member you must buy their affiliate memberships to become a part of the community.

The signs of a possible PGI exit strategy began to emerge on January 18th 2021 when RV claimed the company had problems with their third payment gateway partners, which has resulted in investors’ payments being held up in ‘the blockchain’.

In a monthly members’ meet up video recorded in March 2021, RV told investors that he has purchased Kala Wallet for $20 million and that Kala Wallet will be launched at the beginning of April 2021, RV stated this action would make the processing of payments much faster as PGI would now have its own blockchain and would the only company to have its own blockchain technology. The validity of a partnership arrangement with Kala was investigated and it was discovered that PGI is not listed as one of Kala Coins’ partners on its website and Kala have confirmed that PGI has not purchased Kala.

The impact of PGI’s action not to pay investors is immeasurable. I have spoken to investors who say they are now depressed, suicidal, have developed illnesses. Last week we received confirmed report of three PGI investors, a couple and nephew who drank poison and died in South Africa as a direct result of PGI Global’s action not to pay investors.

On 3rd May, PGI stated that they were launching PGI 2.0 and fraudulently changed the payment status on investors’ back-office records from ‘processing’ to ‘cash-out refunded’ but retained investors’ Bitcoin investment pay-outs in PGI’s bitcoin wallet.

PGI Global stopped paying investors on 15th of Feb 2021, PGI has now turned their attention to recruiting low income and the vulnerable people to join the scheme. From February 2020 to August 2020 at the height of COVID 19 pandemic, PGI global made $30,000,000 in revenue according to its official Facebook page. WIG has measured the impact of PGI’s action not to pay investors. In a recent survey, it showed about 80% of investors have investment packages ranging from $1000 – $10,000 and 87.1% of investors who took part in the survey have investments monies ranging from $88 – $10,000 showing that majority of PGI’s investors are low-income earners and vulnerable.

It is important to state the Bitcoin scam companies mentioned above mirrors PGI Global. A last-minute meeting on 23/05/2021 to get PGI to pay investors failed.

For further information, contact us at mailto:worldwideinvestorstelegram@gmail.com

FOUNDERS (CORPORATE)
Ramil Ventura Palafox – PGI founder/CEO
Mark Davis – Vice President, PGI Global and COO
Raquel Paulino – Co founder, Philippines
Rosario Austria, MD – Vice President, Health & Well being

PGI PRESIDENTS (MLM)
Helen L Graham- PGI Global President
Shofi Ullah- PGI President Europe
Bako Faysal – PGI President Asia
Benny Akiki Mwesigwa – PGI President Africa
Philip Ndungu – PGI President Latin America
Mingthoy Mendez – PGI President Latin America
Miguel Lopez – PGI President Latin America
Mielli Motsepe – PGI President South Africa
Harrison Omojafo – PGI President UK
Swimm Oma-Pharooq – PGI President UK
Julie Ladycoin – PGI President Nigeria
Shaida Kareem – PGI President Iraq
Dr Rose Okpara – PGI President North America

OTHER INDIVIDUALS OF INTEREST

Claire Wilkinson – Helen Graham’s Secretary
Denise Skeels – Ramil Ventura Palafox’s PA/Liaison Officer

ADDITIONAL RESOURCES

PGI Trust pilot review
PGI Global Official Website

Ramil Palafox living life on the fast lane off in the United States