It’s likely that you have come across PGI Global through an email list, on social media or got it recommended by a friend or family member.
Is PGI Global a scam? The reasons why you’re here is because you have want answers right so, that’s what I’m going to provide for you within this PGI Global review.
First and foremost I must commend you for actually doing a bit of extra research before committing to joining PRODUCT. For all you could have known, the product could be a major scam so the fact you’re here right now, researching whether or not that’s the case is a pretty smart move on your part.
To be fully transparent with you, I am personally not a member of PGI Global so I can assure you that I will not attempt to sell you it unless of course it’s worth investing in.
What I will aim to do is provide you with an unbiased 3rd party look at PGI Global that will hopefully help you to make the best decision you can in the end.
PRODUCT NAME: PGI Global
OWNER/S: Ramil Ventura Palafox
TYPE OF PRODUCT: cryptocurrency MLM
PRICE: $100 minimum
SUMMARY: PGI Global is more than likely a pyramid scheme and a scam as it follows some very generic pyramid scheme like formulas, such as being wholly reliant on recruitment for success, having an owner that’s somewhat known to have previously promoted dud products and of course the lack of any retail products for non affiliate customers is another issue.
Overall, PGI Global is not worth your time and investment and personally I would suggest you stay away far from this opportunity as it most definitely will not be beneficial in the long run.
FINAL RATING: 0/5
RECOMMENDED: NO!!
WHAT IS PGI GLOBAL ?
PGI Global is a cryptocurrency based MLM founded by Ramil Ventura Palafox.
Cryptocurrency based MLM’s have been popping up a lot in recent times and in my experience the majority of them tend to be very lackluster and more often than not ponzi schemes. Unsurprisingly this pattern seems to continue with PGI Global based of the founder Ramil’s background.
Before starting up PGI Ramil was involved in a bunch of other opportunities that have now be found out as ponzi schemes namely Bitclub Network, Airbit, USI Tech, CWE and he was even a president of AI trade.
In short he has gone through his fair share of crypto based companies and considering he doesn’t really work with any of them anymore, or at the very least most of them, shows that his motives behind PGI are probably not the purest.
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PGI GLOABL PRODUCTS
PGI does not offer any retail products to non affiliate based customers, which in this case is a major red flag because governing bodies like the FTC tend to deem this lack of retail products as a pyramid scheme like characteristic.
HOW DO YOU MAKE MONEY WITH PGI GLOBAL?
There are 2 ways to make money with them PGI :
1. The first method is through the passive returns on your investments.
2. The second method is by recruiting other and earning residual commissions as a result.
HOW TO GET STARTED
If you want to join PGI Global, you’ll need to invest money, with the amount you invest also determining your earning potential within the company :
- Sapphire – $100 to $500
- Ruby – $1000 to $10,000
- Emerald – $20,000 to $100,000
- Diamond – $500,000 or more
Do keep in mind that you’ll also need to invest $19 every year to stay active and also be required to invest these funds via bitcoin.
COMPENSATION STRUCTURE
There are a few ways to make money as a PGI affiliate, which is what I’ll be covering in this section of the review.
ROI
The first way to make money as an affiliate is through the returns on the crypto investments you make.
PGI claims that it can provide you returns of upto 200% which will be determined by your rank within the company. Once the 200% ROI (which is very unlikely) you will then be required to invest again.
Also keep in mind that withdrawals will have an 8% fee and the weekly withdrawals are also capped at 50% of your total investments.
Referral Commissions
Affiliates will be eligible to earn a commission from recruits based on their rank within the company :
- Sapphire tier affiliates earn 6%
- Ruby tier affiliates earn 8%
- Emerald tier affiliates earn 10%
- Diamond tier affiliates earn 12%
Residual Commissions
PGI pays its affiliates residually using a binary structure. This simply means that an affiliate will be placed at the top of the structure and be able to recruit 2 individuals personally, on the left and right leg of the structure. Your recruits will be able to do the same as will their recruits essentially growing your team exponentially the deeper the structure becomes.
In order to qualify for these commissions an affiliate will need to recruit 2 individuals.
At the end of each day PGI Global tallies up the new investment volume on both sides of the binary structure and pays you a percentage of the invested funds based off the amount on the weaker side of the structure as follows :
- Sapphire to Emerald tier affiliates are paid 8%
- Diamond tier affiliates are paid 10%
Boost Up Bonus
Affiliates will be able to increase their residual and referral commissions if they recruit two affiliate investors within thirty days of signing up, who both invest equally as much or more than the qualifying affiliate.
The boost up bonus in turn will be as such :
- 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
An affiliate will be awarded a bonus for reaching a specific rank within the company, with the rewards being as such :
- 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”
THE NOT SO GOOD THINGS
Recruitment Is Crucial For This Business
In order to make any kind of money with PGI and just to keep the business running new money will need to continue coming in through recruits.
This is a business model that is wholly reliant on recruitment just to stay afloat which I’m sure isn’t something that you need me to tell you isn’t very legitimate.
Besides, when you consider the ridiculous daily returns of upto 3% according their trading AI and the lack of any proof of an external revenue source paying these amounts, it comes across as even less trustworthy
Ultimately what this means is that it is through the recruitment money that PGI will likely pay its members so, once recruitment dies down, there’s a good chance that PGI will collapse too.
The Founder Has A Shady Past
Considering the guy has previously promoted other cryptocurrency ponzi schemes in the past, it’s hard to justify him turning over a new leaf with PGI.
In my experience most people who are known to have promoted ponzi schemes don’t really change for the better, especially when they’ve jumped to multiple ones in a fairly short period of time.
So yeah, I do consider this to be a pretty big red flag.
THE GOOD THINGS
I personally don’t think that PGI has anything positive to offer to potential affiliates, it’s simply another awful cryptocurrency MLM that’s best avoided.
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IS PGI GLOABL A PYRAMID SCHEME/SCAM?
Yes PGI Global is more than likely a pyramid scheme and a scam as it follows some very generic pyramid scheme like formulas, such as being wholly reliant on recruitment for success, having an owner that’s somewhat known to have previously promoted dud products and of course the lack of any retail products for non affiliate customers is another issue.
Overall, PGI Global is not worth your time and investment and personally I would suggest you stay away far from this opportunity as it most definitely will not be beneficial in the long run.
MY PERSONAL RECOMMENDATION
I personally will always recommend against using a MLM business model to make money, not because you can’t make money through it (you totally can) but, the system has always seemed shady to myself and is kinda synonymous with the likes of a pyramid scheme or scams (MOBE and Digital altitude).
Instead I prefer working with something created through ones own means and is ultimately dependent on yourself and your work ethic alone.
This method I’m talking about is affiliate marketing.
The reasons as to why I recommend it over MLM based structures are because
– there is no need to recruit constantly
– it is a legitimate method that has been working consistently and continues to grow as more businesses want individuals to promote products
– and because it is free to start up, no unnecessarily large start up funds needed.
The service I recommend is Wealthy Affiliate. It’s free to sign up to and will get you set up and ready to start your affiliate marketing journey within minutes, as it did for me when I begun my journey.
If you have any questions that you would like to ask me regarding PGI Global , feel free to do so in the comments section below and I will get back to you as soon as I can. If you have your own thoughts about PGI Global and would like to talk about it, again feel free to do so in the comments below!
Thanks
Amhil
How long has PGI being in the market?
It appears to have been around since 2010 but was rebranded to what it is now in around 2015. At least as far as I could find online.