Praetorian Group Worldwide goes by PGI World and operates within the cryptocurrency MLM area of interest.
The corporate is headed up Ramil Ventura Palafox, who goes by RV Palafox in PGI World advertising and marketing.
A press-release printed in January 2018 cited Palafox as President of AI Commerce.
AI Commerce was a Ponzi scheme fronted by Mark Davis. Davis is credited as PGI World’s Vice President and COO.
The identical 2018 press-release ties Palafox to plenty of MLM Ponzi schemes;
RV’s intensive involvement with quite a few Crypto Foreign money based mostly firms similar to Bitclub Community, Airbit, USI Tech, CWE and Commerce Coin Membership made him one of many pioneers of the Crypto foreign money world.
BitClub Community, AirBit Membership, USI Tech, CWE and Commerce Coin Membership have all been reviewed right here on BehindMLM.
Palafox is believed to function from the Philippines. Mark Davis resides in Australia.
This suits with PGI World’s official Fb group being primarily managed from the Philippines and Australia.
Learn on for a full evaluation of PGI World’s MLM alternative.
PGI World’s Merchandise
PGI World has no retailable services or products, with associates solely in a position to market PGI World affiliate membership itself.
PGI World’s Compensation Plan
PGI World associates make investments bitcoin on the promise of an marketed 200% ROI.
- Sapphire – make investments $100 to $500
- Ruby – make investments $1000 to $10,000
- Emerald – make investments $20,000 to $100,000
- Diamond – make investments $500,000 or extra
Upon reaching 200% on an lively funding, reinvestment is required to proceed incomes.
Word that PGI World caps weekly withdrawal (each returns and commissions) at 50% of the only largest funding an affiliate has made.
An 8% withdrawal charge can also be charged.
Referral Commissions
PGI World pays referral commissions on funds invested by personally recruited associates.
Referral fee charges are decided by how a lot a PGI World affiliate has invested:
- Sapphire tier associates earn 6%
- Ruby tier associates earn 8%
- Emerald tier associates earn 10%
- Diamond tier associates earn 12%
Word that referral commissions are capped each day, equal to the only largest funding a PGI World affiliate has made.
Residual Commissions
PGI World pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, break up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are stuffed through direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary workforce can develop.
On the finish of every day PGI World tallies up new funding quantity on either side of the binary workforce.
Associates are paid a proportion of funds invested on their weaker binary workforce facet:
- Sapphire to Emerald tier associates are paid 8%
- Diamond tier associates are paid 10%
To qualify for residual commissions every PGI World affiliate should recruit two investing associates (positioned on on either side of the binary workforce).
Word that residual commissions are capped each day, equal to the only largest funding a PGI World affiliate has made.
Enhance Up
The Enhance Up bonus permits a PGI World affiliate to extend each their referral and residual fee charges.
To qualify for the Enhance Up bonus, a PGI World affiliate should recruit two affiliate buyers inside thirty days of signing up, who collectively make investments equal to or greater than the qualifying affiliate has invested.
As soon as certified for, the Enhance Up bonus will increase fee charges as follows:
- Sapphire tier associates earn 8% referral commissions and 10% residual commissions
- Ruby tier associates earn 10% referral and residual commissions
- Emerald tier associates earn 12% referral commissions and 10% residual commissions
- Diamond tier associates earn 15% referral commissions and 12% residual commissions
Rank Achievement Bonus
PGI World rewards associates for qualifying at sure ranks with the next rewards:
- Praetorian Guard 1 (recruit two investing associates and generate $50,000 in downline funding quantity) – obtain a Montblanc pen
- Praetorian Guard 2 (have two Praetorian Guard 1 associates in your downline, positioned on on either side of the binary workforce) – obtain the “newest iPhone or Samsung” mobile phone
- Praetorian Guard 3 (have 4 Praetorian Guard 1s and two Praetorian Guard 2s in your downline) – obtain a MacBook Air
- Praetorian Guard 4 (have eight Praetorian Guard 1s, 4 Praetorian Guard 2s and two Praetorian Guard 3s in your downline) – obtain a “5 days Asian cruise”
- Praetorian Guard 5 (have sixteen Praetorian Guard 1s, eight Praetorian Guard 2s, 4 Praetorian Guard 3s and two Praetorian Guard 4s in your downline) – obtain a Honda Civic
- Praetorian Guard 6 (have thirty-two Praetorian Guard 1s, sixteen Praetorian Guard 2s, eight Praetorian Guard 3s, 4 Praetorian Guard 4s and two Praetorian Guard 5s in your downline – obtain a Rolex watch
- Praetorian Guard 7 (have thirty-two Praetorian Guard 2s, sixteen Praetorian Guard 3s, eight Praetorian Guard 4s, 4 Praetorian Guard 5s and two Praetorian Guard 6s in your downline) – obtain a Mercedes Benz
- Praetorian Guard 8 (have thirty-two Praetorian Guard 3s, sixteen Praetorian Guard 4s, eight Praetorian Guard 5s, 4 Praetorian Guard 6s and two Praetorian Guard 7s in your downline) – obtain a Tesla Mannequin S
- Praetorian Guard 9 (have thirty-two Praetorian Guard 4s, sixteen Praetorian Guard 5s, eight Praetorian Guard 6s, 4 Praetorian Guard 7s and two Praetorian Guard 8s in your downline) – obtain a Lamborghini Huracan
- Praetorian Guard 10 (have thirty-two Praetorian Guard 5s, sixteen Praetorian Guard 4s, eight Praetorian Guard 7s, 4 Praetorian Guard 8s and two Praetorian Guard 9s in your downline) – obtain a “home and a sports activities automotive”
Becoming a member of PGI World
PGI World affiliate membership is tied to funding in an affiliate package deal:
- Sapphire – $100 to $500
- Ruby – $1000 to $10,000
- Emerald – $20,000 to $100,000
- Diamond – $500,000 or extra
All PGI funding positions have a $19 annual charge.
Word that each one funds inside PGI World are made in bitcoin.
Conclusion
PGI World claims to generate exterior income through buying and selling and promoting crypto ATM machines.
These had been the identical ruses trotted out to advertise AI Trades.
Like AI Commerce, PGI World gives no proof of exterior income era. Neither is there any proof of PGI World utilizing exterior income to pay returns.
Moreover PGI World’s enterprise mannequin fails the Ponzi logic check.
In a single PGI World advertising and marketing video, RV Palafox states;
We need to end your settlement straight away. Normally if we offer you roughly say 1% per day, we are able to make between about 0.5% to three% per day.
So if we offer you 1% a day, principally in about 6 months or 200 days, your cash has already doubled.
If Palafox has had entry to each day returns of 0.5% to three% since no less than AI Commerce again in 2018 – what on Earth does he want your cash for?
Because it stands the one verifiable income getting into PGI World is new funding.
Utilizing new funding to pay present associates a 200% ROI makes PGI World a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment slows down so too will new funding.
This may starve PGI World of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.
If examples of this in observe are wanted, one want solely have a look at all of the MLM Ponzi schemes Palafox has promoted through the years.
Replace twenty seventh March 2021 – PGI World has collapsed. The corporate is making ready to exit-scam by way of Nui’s failed Kala shitcoin.
Replace thirtieth June 2021 – PGI World’s deliberate exit-scam by way of Nui’s Kala fell by way of.
As of 48 hours in the past PGI World accomplished its exit-scam by pulling its web site.
Replace fifth September 2021 – PGI World has rebooted with high earner Helen Graham operating the corporate as CEO.