Welcome to my PGI Global review. If you are here, you probably heard about the platform online promising high returns and you are doing your research now to find out whether Praetorian Group International is a scam or something worth investing your money in.
I have done a good bit of research into the PGI Global platform to uncover how it all works. In this review, I will be sharing everything that I have uncovered with you, and assessing the platform to determine whether it’s something worth investing it or whether you should avoid it altogether.
PGI Global Review Summary
PGI Global is a crypto based MLM (Multilevel Marketing Company) that claims to pay out ROI of 200% to investors.
The platform is a ponzi scheme that relies primarily on recruitment of new members from whom you will earn commissions.
They have a complex compensation plan that comprises direct commissions and a binary system. If you are expecting a passive earning opportunity where you can put in money and make a handsome return, this is not it.
Praetorian Group International is a scam that uses a very common business model that is rife among fraudulent companies in the crypto space. You are likelier to lose your money than make any and should avoid PGI Global.
What Is PGI Global
Preatorian Group International (PGI Global) is an online company that is purportedly involved in cryptocurrency and offers investors an investment where they can supposedly earn a 200% return.
The platform came online recently in February 2020. The official Facebook and Twitter pages were created on 3 February 2020 and they are where the PGI Global shares their daily marketing materials.
The company is led by RV Palafox who is listed on the official website as the company’s president. He has a history in similar platforms and is part of AiTrades Asia which operates similarly to PGI Global.
How does PGI Global Work
There are two main ways of earning on PGI Global. The first is ROI (Return On Investment) which is earning a percentage on the investment that you make into one of their products. The second way of earning is through the recruitment structure, where you invite people onto the platform and earn commissions from the money that they spend.
The ROI product promises a return of 200%. The investment contract is active for 365 days but once it reaches 200% return, the contract is terminated.
There are four types of packages. Each of the packages has an admin fee of $19 and they are as follows:
Sapphire Package – Investment options of $100, $300 and $500 worth of Bitcoin
Ruby Package – Investment options of $1000, $5000 and $10,000 worth of Bitcoin
Emerald Package – Investment options of $20,000, $50,000 and $100,000 worth of Bitcoin
Diamond Package – Investment options of $500,000 or more worth of Bitcoin
Direct Referral Bonus
You can earn a percentage on the from the Bitcoin generated from y our referrals depending on your rank
Sapphire affiliate earn a 6% commission from referrals
Ruby affiliate earn a 8% commission from referrals
Emerald affiliate earn a 10% commission from referrals
Diamond affiliate earn a 12% commission from referrals
To qualify for Binary Bonus you must recruit 2 referrals who will form 1 right leg and 1 left leg.
The first pair does not qualify for bonus, but after that, you should receive a commission of between 8% and 10% on volume generated from the weaker leg (the one which generates the smaller volume).
The Binary Bonus limits are 8% for Sapphire, Ruby and Emerald. The binary bonus for Diamond is 10%.
Qualified members should have 2 Directs within 30 days of the start of their agreement (1 left and 1 right)
Members will have to sponsor 2 new members on their first generation and these members should have an entry package of equal or higher than your entry package with the company.
Members will also qualify for an additional 2% on Direct Referral and Binary bonus.
When you earn 200% on the initial investment, the contract will be terminated. A new package has to be purchased within 30 days in order to continue earning profits and commissions or it will be deemed abandoned or dominant & account will be forfeited.
Unrealistically high returns – PGI Global promises a return on investment of 200% which earned at up to 3% daily. For comparison, the return on investment on a bank deposit is approximately 6% per year. A good return is usually considered around 15% per year if the investment strategy is aggressive. PGI Global’s ROI is between 15% and 90% a month. There is no legal way to make that kind of returns on a consistent basis.
Promised Returns – It is common knowledge in investing that there is no such thing as a guaranteed return. Every investment has risk, even when you save your money in the bank. So if someone tells you about guaranteed returns, you should now that something is afoot.
Mixing Bitcoin with USD – Cryptocurrency and the FIAT (normal currency) markets are two completely separate markets. If you are familiar with crypto, you will know that things are quoted in the relevant cryptocurrency, whether Bitcoin or whatever else. The quoting of Bitcoin in USD is suspicious. This is because most people aren’t familiar with cryptocurrency and the only reason to quote investments in USD would be to cast a wider net and catch those who don’t understand cryptocurrency very well.
Platform is quite new – the rule of thumb when it comes to deciding whether to invest a large sum of money into any platform is checking the track record. PGI Global has been around for less than 6 months and is promising higher than usual returns. The fact that it’s not doesn’t automatically mean that it’s a scam, but it should raise alarms. Because scam companies are always new on the block and stand the test of time.
Fancy marketing video – The marketing videos and materials for PGI Global are well-done. You can see that a lot of the work on the website and social media channels are done by professionals. It’s just unfortunate that the business model is not up to the same standard as the presentation.
No product or service of value – There is no product of service in PGI Global that you can use or sell to anyone. This is different to some MLMs which at least have something that you can sell on outside of the platform. With programs like this, if the platform stops today, you are left with nothing.
Relies on recruiting people – To make money with PGI Global, you have to recruit other people onto the platform. This is contrary to how they present things, saying that you make an investment and earn a return. They make it seem passive, but it it’s not. You have to chase after people and put them at risk as well to make money. And if it’s friends and family you recruit, your reputation is put at risk when things don’t work out for them.
Overly complex compensation plan – There are a lot of different parts to the compensation plan that the average person will not be able to understand. This is a common tactic that is meant to overwhelm you with information and lead you to make decisions over something you don’t completely understand.
Is PGI Global a Scam?
Yes, PGI Global is a scam. There platform presents itself as one where you will make money from investment to the tune of 200% ROI. This is not true. Returns like this are highly unlikely.
The way you are expected to make money on this platform is by recruiting other people onboard and then make commissions from whatever they spend.
This is a classic ponzi scheme where new members pay the commission of members who joined earlier. When there are no more new members, the scheme will collapse and all the late joiners will lose their money.
This is a very common model that is easy to spot. You are unlikely to make a substantial amount of money if money at all. You have a higher chance of losing your money and should avoid PGI Global. There are better and sustainable ways of making money out there.
What is the best way to make money?
If you’re looking for a legitimate way to make money online and from home, you should check out My #1 Recommendation.
That’s where I learned how to make more money than I did while working full-time and was able to quit my job.
They have training tools that are catered for beginners and a community of members that are knowledgeable and very helpful. Best of all, the first level of training there is FREE and you can understand how online business works before having to pay a cent.
It’s by far the best place to learn how to make money online and you should give it a look.