PGI Global Review: 200% ROI Ponzi positions
Praetorian Group International goes by PGI Global and operates in the cryptocurrency MLM niche.
The company is headed up Ramil Ventura Palafox, who goes by RV Palafox in PGI Global marketing.
A press-release published in January 2018 cited Palafox as President of AI Trade.
AI Trade was a Ponzi scheme fronted by Mark Davis. Davis is credited as PGI Global’s Vice President and COO.
The same 2018 press-release ties Palafox to a number of MLM Ponzi schemes;
RV’s extensive involvement with numerous Crypto Currency based companies such as Bitclub Network, Airbit, USI Tech, CWE and Trade Coin Club made him one of the pioneers of the Crypto currency world.
Palafox is believed to operate from the Philippines. Mark Davis resides in Australia.
This fits with PGI Global’s official Facebook group being primarily managed from the Philippines and Australia.
Read on for a full review of PGI Global’s MLM opportunity.
PGI Global’s Products
PGI Global has no retailable products or services, with affiliates only able to market PGI Global affiliate membership itself.
PGI Global’s Compensation Plan
PGI Global affiliates invest bitcoin on the promise of an advertised 200% ROI.
- Sapphire – invest $100 to $500
- Ruby – invest $1000 to $10,000
- Emerald – invest $20,000 to $100,000
- Diamond – invest $500,000 or more
Upon reaching 200% on an active investment, reinvestment is required to continue earning.
Note that PGI Global caps weekly withdrawal (both returns and commissions) at 50% of the single largest investment an affiliate has made.
An 8% withdrawal fee is also charged.
PGI Global pays referral commissions on funds invested by personally recruited affiliates.
Referral commission rates are determined by how much a PGI Global affiliate has invested:
- Sapphire tier affiliates earn 6%
- Ruby tier affiliates earn 8%
- Emerald tier affiliates earn 10%
- Diamond tier affiliates earn 12%
Note that referral commissions are capped daily, equal to the single largest investment a PGI Global affiliate has made.
PGI Global pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day PGI Global tallies up new investment volume on both sides of the binary team.
Affiliates are paid a percentage of funds invested on their weaker binary team side:
- Sapphire to Emerald tier affiliates are paid 8%
- Diamond tier affiliates are paid 10%
To qualify for residual commissions each PGI Global affiliate must recruit two investing affiliates (placed on on each side of the binary team).
Note that residual commissions are capped daily, equal to the single largest investment a PGI Global affiliate has made.
The Boost Up bonus allows a PGI Global affiliate to increase both their referral and residual commission rates.
To qualify for the Boost Up bonus, a PGI Global affiliate must recruit two affiliate investors within thirty days of signing up, who together invest equal to or more than the qualifying affiliate has invested.
Once qualified for, the Boost Up bonus increases commission rates as follows:
- Sapphire tier affiliates earn 8% referral commissions and 10% residual commissions
- Ruby tier affiliates earn 10% referral and residual commissions
- Emerald tier affiliates earn 12% referral commissions and 10% residual commissions
- Diamond tier affiliates earn 15% referral commissions and 12% residual commissions
Rank Achievement Bonus
PGI Global rewards affiliates for qualifying at certain ranks with the following rewards:
- Praetorian Guard 1 (recruit two investing affiliates and generate $50,000 in downline investment volume) – receive a Montblanc pen
- Praetorian Guard 2 (have two Praetorian Guard 1 affiliates in your downline, placed on on both sides of the binary team) – receive the “latest iPhone or Samsung” cell phone
- Praetorian Guard 3 (have four Praetorian Guard 1s and two Praetorian Guard 2s in your downline) – receive a MacBook Air
- Praetorian Guard 4 (have eight Praetorian Guard 1s, four Praetorian Guard 2s and two Praetorian Guard 3s in your downline) – receive a “5 days Asian cruise”
- Praetorian Guard 5 (have sixteen Praetorian Guard 1s, eight Praetorian Guard 2s, four Praetorian Guard 3s and two Praetorian Guard 4s in your downline) – receive a Honda Civic
- Praetorian Guard 6 (have thirty-two Praetorian Guard 1s, sixteen Praetorian Guard 2s, eight Praetorian Guard 3s, four Praetorian Guard 4s and two Praetorian Guard 5s in your downline – receive a Rolex watch
- Praetorian Guard 7 (have thirty-two Praetorian Guard 2s, sixteen Praetorian Guard 3s, eight Praetorian Guard 4s, four Praetorian Guard 5s and two Praetorian Guard 6s in your downline) – receive a Mercedes Benz
- Praetorian Guard 8 (have thirty-two Praetorian Guard 3s, sixteen Praetorian Guard 4s, eight Praetorian Guard 5s, four Praetorian Guard 6s and two Praetorian Guard 7s in your downline) – receive a Tesla Model S
- Praetorian Guard 9 (have thirty-two Praetorian Guard 4s, sixteen Praetorian Guard 5s, eight Praetorian Guard 6s, four Praetorian Guard 7s and two Praetorian Guard 8s in your downline) – receive a Lamborghini Huracan
- Praetorian Guard 10 (have thirty-two Praetorian Guard 5s, sixteen Praetorian Guard 4s, eight Praetorian Guard 7s, four Praetorian Guard 8s and two Praetorian Guard 9s in your downline) – receive a “house and a sports car”
Joining PGI Global
PGI Global affiliate membership is tied to investment in an affiliate package:
- Sapphire – $100 to $500
- Ruby – $1000 to $10,000
- Emerald – $20,000 to $100,000
- Diamond – $500,000 or more
All PGI investment positions have a $19 annual fee.
Note that all payments within PGI Global are made in bitcoin.
PGI Global claims to generate external revenue via trading and selling crypto ATM machines.
These were the same ruses trotted out to promote AI Trades.
Like AI Trade, PGI Global provides no evidence of external revenue generation. Nor is there any evidence of PGI Global using external revenue to pay returns.
Furthermore PGI Global’s business model fails the Ponzi logic test.
In one PGI Global marketing video, RV Palafox states;
We want to finish your agreement right away. Usually if we give you approximately say 1% per day, we can make between about 0.5% to 3% per day.
So if we give you 1% a day, basically in about 6 months or 200 days, your money has already doubled.
If Palafox has had access to daily returns of 0.5% to 3% since at least AI Trade back in 2018 – what on Earth does he need your money for?
As it stands the only verifiable source of revenue entering PGI Global is new investment.
Using new investment to pay existing affiliates a 200% ROI makes PGI Global a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment slows down so too will new investment.
This will starve PGI Global of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
If examples of this in practice are needed, one need only look at all the MLM Ponzi schemes Palafox has promoted over the years.