PGI Global @ BehindMLM

Ramil Ventura Palafox, founder of the PGI Global Ponzi scheme, has pled guilty to two counts of fraud. Palafox’s plea agreement was filed on September 16th and received court approval the same day.

PGI Global Ponzi founder Ramil Ventura Palafox has violated his pre-trial conditions. It took Palafox just over a month to do so, following his arrest in late April. As per a May 28th Probation Officer petition seeking action on Palafox’s violation;

The SEC has sued PGI Global’s Ramil Venture Palafox and several relief defendant accomplices. Ramil Ventura Palafox is the sole named defendant. The SEC has also sued four relief defendants;

PGI Global Ponzi scammer Ramil Ventura Palafox, aka RV Palafox, has been arrested in California. Palafox’s arrest follows a March 13th, 2025 sealed Grand Jury indictment in Virginia.

MetaNuva fails to provide ownership or executive information on its website. MetaNuva’s website does have an “about us” page, however this redirects to NuvaToken’s website. NuvaToken is part of MetaNuva and here we learn MetaNuva has four co-founders: Shamsu Miah – Chief Officer of Operation Bako Faysal – Chief Officer of Innovation & Development Helen [Continue reading…]

PGI Global’s UK shell company has been shut down by the High Court. As per a September 13th order, PGI Global UK Ltd has been “wound up” and subject to liquidation.

Within hours of BehindMLM confirming a US criminal investigation, PGI Global has collapsed. As part of the exit-scam, PGI Global’s newly appointed CEO and Senior Vice President have also called it quits.

Earlier today a reader tipped me off to one of PGI Global’s website domains being seized by US authorities. Initially I was skeptical, owing to the domain in question not being one I was familiar with. Dozens of rabbit holes later, BehindMLM can confirm the domain “praetorsglobal.com” was used by PGI Global and has been [Continue reading…]

PGI Global has dumped US victims of the Ponzi scheme. In an email recently sent out to investors, PGI Global informed US victims they’d be receiving $1000 refunds.

Praetorian Group International has received a securities fraud warning from the Philippine SEC.