PGI Global Exit scams recently and stopped paying their weekly returns to members.
This is the problem when MLM companies like PGI Global doesn’t have any external revenue coming into the company.
They solely rely on new investments paying off existing members which is the definition of a ponzi scheme.
Once recruitment flatlines or starts dropping, they can’t keep up with their aggressive returns.
Looking at their traffic stats, it looks like the traffic has flatlined since February 2021.
It could be that in April they are noticing a drop in traffic but that’s speculation as of right now…
If a ponzi scam isn’t growing month to month, it can no longer keep up with the returns demands…
By the way, in my original PGI Global review I did say this is a ponzi scheme.
Now if they actually did have external revenue, it would be much different.
I decided to go on TrustPilot and see what kind of reviews Praetorian Group International is getting and it’s sitting at 2.7 out of 5.
Where 51% of them are BAD reviews…
One of there reviewers on Trust Pilot Amara C said the following:
There was one person claiming that the UK wing of PGI Global was run by Helen and Shofi who were the Global President and European President have both resigned.
Shenaz Virjee posted that the “master scammer” R.V Palafox has said that Kala wallet has issues and will not be used.
R.V. Palafox is claiming he needs more time to find a solution even though PGI Global hasn’t paid in months…
M Miah says to report the following names to Action Fraud in the UK:
- Helen Graham Global President
- Shofi Ullah – European President
- Shamsu Miah – position unknown but senior
- Claire Wilkinson – Administrator
He also mentions that the key fraudsters are RV Palafox and Mark Davies.
Trust Pilot has three pages of negative reviews on this company which is a pretty bad sign…
Well it was a bad sign when I said this company is a ponzi scheme and no one listened.
Anyway now that PGI Global’s KULU wallet flopped, we will see how long they keep this exit scam up for before they disappear.
Wait before you leave…
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