Praetorian Group lnternational Global is a cryptocurrency MLM scheme founded by Ramil Ventura Palafox, a professional multi-level marketer born in the Philippines.
As prestigious as this company sounds, the real question remains Is PGI Global A Scam? Can you really make money with this platform?
The platform promises its investors juicy commissions when they refer other prospects to the platform using their referral link.
It trades bitcoin for its investors and gives them returns on investments.
However, the first raise of the brow is the fact that RV Palafox, the founder, was president of a Ponzi scheme, AI Trade.
AI Trade owners are reportedly on the run for scamming a huge number of people, as the platform has been declared a scam and ponzi scheme by authorities.
Palafox has also been linked with other crypto platforms such as Bitclub Network, Airbit, USI Tech, CWE, and Trade Coin Club.
These platforms have all been confirmed to be Ponzi schemes.
There is no doubt that the same owners are the owners of PGI Global.
One of the front line advocates of AI Trade, Mark Davis, has been found to be PGI Global’s second in command. Moreover, both companies are similar in operations.
Let us go into details about how this PGI Global works.
Is PGI Global A Scam – PGI Global Products
First, they do not offer any retail products or services.
Whenever a so-called “investment company” has no discernible retail products to sell to the public, that is a huge warning sign.
One can only join the program as an affiliate member via an existing member’s link and earn from the commissions and ROI that the company offers.
One can also invest and start earning passive income by choosing one of their investment schemes.
PGI Investment Schemes
To join PGI Global, members must pay a minimum of $100 and a fee of $19 per year to maintain their membership status. Members can only make payments with bitcoins and are promised a 200% ROI on any investment they make.
Here is a breakdown of the different levels of investments
- $100 to join the Sapphire Level
- $1000 to join the Ruby Level
- $20,000 to join the Emerald Level
- $500,000 to join the Diamond Level
Once an investor earns an ROI of 200% on an active investment, reinvestment is required to continue earning.
An 8% withdrawal fee is also charged for every withdrawal.
1. Daily ROI
$100 is needed to make an investment.
This qualifies one to start earning daily ROI depending on the investment scheme.
The ROI ranges from 0.5% to 3% depending on membership level and will be paid Monday to Friday until the 200% maximum return is attained.
2. Referral Commissions
Referrals attract commissions. When you recruit others to join using your link, they become your down lines and part of your team, and you can earn extra money coupled with the ROI.
PGI Global offers direct referral commissions on funds invested by personally recruited affiliates. These commissions vary depending on the affiliate’s package level and investment amount.
- 6% on direct referrals at Sapphire Level
- 8% on direct referrals at Ruby Level
- 10% on direct referrals at Emerald Level
- 12% on direct referrals at Diamond Level
The company also offers boosted direct commissions when your referrals sign up for the same or a higher package than you, the affiliate. These are the commissions;
- 8% on direct referrals at Sapphire Level
- 10% on direct referrals at Ruby Level
- 12% on direct referrals at Emerald Level
- 14% on direct referrals at Diamond Level
3. Affiliate Ranks
PGI Global rewards affiliates for attaining certain ranks. There are ten ranks in total tagged PG1, PG2, etc. PG stands for Praetorian Guard. These ranks, depending on the level, offer different kinds of commissions. To qualify for these ranks, you will need;
- PGI1 Rank – $50,000 GV on both legs in your binary.
- PG2 Rank – 1 PG1 on your left leg and a PG2 on your right leg.
- PG3 Rank – at least 4 PG1’s and 2 PG2’s anywhere in the binary
- PG4 Rank – at least 8 PG1’s, 4 PG2’s, and 2 PG3’s anywhere in your binary
- PG5 Rank – at least 16 PG1’s, 8 PG2’s, 4 PG3’s and 2 PG4’s anywhere in your binary
- PG6 Rank – at least 32 PG1’s, 16 PG2’s, 8 PG3’s, 4 PG4’s, 2 PG5 anywhere in your binary
- PG7 Rank – at least 32 PG2’s, 16 PG3’s, 8 PG4’s, 4 PG5’s, 2 PG6 anywhere in your binary
- PG8 Rank – at least 33 PG3’s, 16 PG4’s, 8 PG5’s, 4 PG6’s, 2 PG7 anywhere in your binary
- PG9 Rank – at least 33 PG4’s, 16 PG5’s, 8 PG6’s, 4 PG7’s, 2 PG8 anywhere in your binary
- PG10 Rank –at least 33 PG5’s, 16 PG6’s, 8 PG7’s, 4 PG8’s, 2 PG9 anywhere in your binary legs.
4. Rank Achievement Bonus
The ranks and rewards are as follows:
- PG1 – Mont Banc pen
- PG2 – Smartphone
- PG3 – MacBook
- PG4 – Cruise
- PG5 – Honda Civic
- PG6 – Rolex watch
- PG7 – Mercedes
- PG8 – Tesla Model S
- PG9 – Lamborghini
- PG10 – House and Car
In case you don’t know how the binary works:
- Binaries have a right and left leg only.
- You will need to personally recruit 1 active member on your right leg and 1 on your left to qualify for these commissions.
- Each leg can be built to unlimited depth.
- Each leg can be built with direct or indirect sponsorship.
- You always get paid on the leg that has fewer volume
- Any left-over volume gets carried over to the next pay period.
Final Verdict – Is PGI Global A Scam?
PGI Global claims to generate funds through trading crypto for their investors.
However, there is no proof of any external source of income for the company other than the investments and reinvestment of affiliates and new members.
This makes the company a conventional MLM company with all the features of Ponzi scheme platforms.
They operate a pyramid mode of payment scheme, whereby the new investors’ monies are used to pay the ones above them.
Moreover, with the information about the founder of this company being related to other confirmed Ponzi schemes, investing in this platform is very risky and unsafe.
There is no doubt that PGI Global is a scam.
PGI Global is similar to other scam programs I’ve reviewed on this blog such as:
Nonetheless, you are here reading this blog post because you’re looking from ways to make money online.
I’m here to tell you that there is one thing you are going to have to come to grips with whether you like it or not:
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The reason why so-called programs like PGI Global appeal to people is because apparently you just pay other people to invest money for you while you sit back and do nothing.
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Scammers are aware of this and that’s why SCAMS proliferate the internet.
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Scammers realize that basically what appeals to people are so-called businesses where all you have to do is invest money, sit back and get a return on your investment without lifting a finger yourself.
Scammers Appeal To Your Emotions
All scammers have to do is appeal to your emotions to have you racing for your credit card!
That’s not how making ethical, honest money online works.
I’m here to tell you that if you want to create a life-changing income for yourself and your family, you’re going to have to participate in your own financial rescue.
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