PGI Global Website Still Offline But New Update From Horses Mouth
- MLM News
- July 1, 2021
PGI Global is still struggling to get their website online, but looks like we have more information on what happened.
Yesterday I did report on PGIGlobal.Trade website completely going offline and initially I thought the PGI Global exit scam was complete, but there was more to that.
It looks like PGI Global might be trying to get their website online and made the following announcement on June 30th, 2021:
Update 30th June 2021
We would like to provide an update regarding the challenges PGI is facing with their domain name and consequently the website. Following further information and investigation it has come to light that the issues extend beyond the website upgrade and server issue that was initially believed to be the cause of the problems.
We now know that the issue relates to an Intellectual Property (IP) dispute that has been logged with ICANN by a company with a similar name. The company was formed in 2018 and so they may feel they own the name Praetorian or that a conflict in search results has further prompted their application, which has caused the suspension of our domain until the dispute is resolved.
ICANN have requested PGI to provide certain information, which we are doing as a matter of urgency, this will confirm the authenticity of our business name and right to our domain. We then expect to have the domain released back to us and full reinstatement of all functionalities and be operational again.
We shall of course keep you updated with developments.
Normally when a ponzi scheme exit scams, they do pull down their social media accounts and YouTube accounts which I have witnessed hundreds of times in the past, it looks like PGI Global is fighting to stay online.
I don’t know why they are bothering with this because they haven’t been paying since February 2021.
Here is one of my YouTube subscribers who commented:
In my original PGI Global review, I did call this company ponzi scheme because they had no proof of external revenue.
At this point, I think the company just ran out of money which is typical in a ponzi scheme.
When new recruitment slows down, that is usually the beginning of the end.
It starts with the ponzi scheme not paying on time and from there they either bring out their own crypto coin that they pay members with which ends up collapsing or they just exit scam in one shot.
PGI Global did try to launch their own Kala wallet which flopped hard.
I already know the company is going to exit scam, not sure why they are taking investors for a ride…
I will keep you updated once I find out more…
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