On comparing AITradesGlobal.org with PGIGlobal.Trade, one can find lots of identical similarities, which makes it evident that the same team runs both companies. Both of these companies follow similar business models. Mark Davis, who was co-owner of AI Trade, is the Vice President of PGI Global.
The legitimacy of the PGI Global can be evaluated from the fact that the managers of AI Trade – a proven Ponzi scheme – are behind this new company.
Is PGI Global trade legit or scam?
Let us access the genuineness of PGI Global trade on trustpilot and get some clarity. From the screenshot below, you can clearly see that there are few customers reviews affirming the legitimacy of PGI Global. All in all, absolute caution must be taken when dealing with this company.
What is PGI Global?
Praetorian Group International (PGI) Global is a crypto MLM company that is run by Ramil Ventura Palafox. With PGI Global, people earn money by recruiting others and building a team to earn commissions from different multi- levels. Additionally, the company promises daily ROIs, which vary from level to level.
Undoubtedly, the company is operating as a crypto MLM platform but is also offers a nutritional drink to generate funds.
Furthermore, PGI Global Trade is a company that desires to educate the world about Blockchain technology and Cryptocurrency and provide means for everyone to apply in their lives to experience financial freedom and achieve dreams for their families and their communities.
A collective desire to educate the world about Blockchain technology and Cryptocurrency and provide means for everyone to apply in their lives to experience financial freedom and achieve dreams for their families and their communities.
PGI Global Corporate Offices
They cover 5 continents of the world Asia, Africa, South America and Europe.
Their offices have an operating licences with the governmental entities of each country.
Their priority is to provide a commitment of transparency in compliance and the security of the funds that are being administered.
To provide transparency in all Bitcoin funds management with strong compliance, KYC and AML Legistlation.
Praetorian Group International (PGI) the Office United States
Praetorian Group International (PGI) Office South Africa
Who runs PGI Global?
PGIGlobal.Trade does not mention the owner and co-owner of the company. However, research indicates that Ramil Ventura (RF) Palafox and Mark Davis are running the company. In 2018, it was announced that Palafox was the President of AI Trade, and Mark Davis was its co-owner. AI Trade was found to be a total scam because it was an ordinary Ponzi scheme.
RV is believed to have involvement in many crypto companies like Bitcoin Network, Aitbut, CWE, and Trade Coin Club, which have made him a popular name in the industry. However, most of these companies do not exist, not due to legal cases against them.
It is not far-fetched to think that PGI Global will also turn out to be another Ponzi scheme because its compensation plan and business model is similar to AI Trade. According to social media profiles, Palafox lives in the Philippines. On the other hand, Mark Davis lives in Australia. However, it has been reported that the owners are in Panama and running from the law agencies due to their past illegal activities at AI Trade.
Every single detail about its founders raises red flags about PGI Global. It would not be wrong to say that they have already scammed thousands of people through their previous companies, and they are trying to do the same via this new crypto MLM scheme. Do not fall for this.
What is Blockchain?
Products and Services of PGI Global
Like many other crypt MLM companies, PGI Global does not have any products or services. It is noticeable from their website that they do not plan to offer any retail products in the future as well. You have to buy their affiliate memberships to become a part of the community.
The most basic level of affiliate membership requires an investment of $100. The highest investment you can make is $500,000 to join the Diamond Level. To ensure passive income from the company, it promises to give daily ROIs until you reach a maximum of 200% of your investment.
Even though they claim to generate funds through crypto trading and association with a popular healthy drink, there is no proof of that. The company’s only source of funds seems to be the affiliate memberships, which makes PGI Global a conventional MLM company. You have to pay a lot of money to become the affiliate member and then keep paying $19 per year. Residual commissions and promised ROIs are the only way to make some money from the PGI Global.
Does PGI Global Have Products?
Praetorian Group International (PGI) claims to be the first cryptocurrency company with a product, and here are the products they offer.
- Crypto Terminals
- Crypto Table Terminals
- POS (coming soon)
Bitcoin Trading Platform
- Arbitrage Bots (between exchanges)
- Manual Trading
- Community Trading
- Forex Trading (coming soon)
- PGI Blockchain Workshop
- Crypto Talk Show
- Blockchain Workshop and Seminar
Health & Wellness Products
- XSANCHI: Known in traditional Chinese medicine as the miracle herb.
- Praetorian Blend 9-in-1 Coffee mix with Hazelnut Flavor
- Praetorian Blend Power Gwith Probiotic
- Health Gadgets
Who Is the Founder of PGI Global Trade?
The founder of Praetorian Group International (PGI) is the former president and co-founder of AI Trades Global.
Born in Philippines, raised in America, and living for over 43 years. A family man and a professional Multi-level marketer for over 16 years.
RV Palafox has a variety of experience with international MLM companies He as managed and performed with the highest degree of success.
Like when he was instrumentally used to the success of multiple product based, international companies, including:
- First Quadrant International Inc.
- Life vintage
- FG Express
- Atomy & a Multi billion-dollar company
- Jeunesse International
RV Palafox extensive involvement with numrous cryptocurrency based companies made him one of the piooners of the cryptocurrency world.
His leadership in the industry have made him the best fit to lead the first and only cryptocurrency management company in the world with a product. Cryptocurrency ATM’s are the way of the future.
Joining PGI Global
Members must pay $100 to become a part of the PGI global. Moreover, they have to submit a fee of $19 per year to maintain their affiliate membership status. The investment is necessary to get 0.5 to 3% promised daily ROI until you get $100. It is important to note that the company only accepts payments in the form of Bitcoins.
Various levels of investment are available to cater to different members. The more money you invest in PGI Global schemes, the more ROI you will receive. The maximum ROI on any investment is 200%.
Here is a sign-up fee structure of the company for different levels:
- $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
There are two ways of earning money via PGIGlobal.Trade.
1. Daily ROI
You have to make an investment of at least $100 to start earning the daily ROI. There are different levels that you can join, depending upon the amount of your investment. The daily ROIs range from 0.5% to 3% according to your membership level until you get the maximum return of 200%.
2. Referral Commissions
At its core, PGI Global is an MLM company. Referral commissions are an essential part of the company. You have to recruit others and build a team of a certain size to make additional money along with the ROI that the group promises. To earn a greater amount of commissions, you will have to climb the ranks.
There are 10 ranks named PG1, PG2, PG3, and so on. Each of these ranks offers varying commissions and a reward like a smartphone, MacBook, and a car. The company claims that at PG10, you will get a house and a luxurious car. However, remember that the owners of PGI Global are on the run from the authorities, and such promises and ranking systems are just designed to trap people.
Direct Commissions of PGI Global
The company offers direct commissions to those who sponsor new affiliates. The amount of direct commission you receive will depend on your package level and your investment amount. You can earn the following amount of direct commissions on different levels:
- 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
Moreover, PGIGlobal.Trade mentions that you can earn ‘boosted direct commissions’ when your referrals join the same package as you or even higher. The boosted direct commissions are:
- 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
Final Verdict About PGI Global
Verily, it is hard to trust a company that is established on a soft or poor foundation. The same is the case with PGI Global. On paper, its compensation plan and business structure may sound very convincing. However, the team behind this company should be the biggest concern of the investors. The owners have a very shady past of running AI Trade, which was a scam company
Based on certain related statistical data, the company claims to generate funds through trading and to sell crypto ATMs. However, there is no proof of any external source of income for the company. It simply means that PGI Global is a crypto MLM company that is relying on the investment of the new members. In fact, it fulfills all the conditions of a Pyramid scheme.
Therefore, do not invest in this shady venture. Ensure to try other form of legit investment like Fxfarms etc.. that are much more reliable than the fraudulent MLM companies like PGI Global. Crypto cloud companies are transparent, and most of them even provide their services for free, which ultimately allows you to mine your own cryptocurrency with minimum risks.
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