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by: xpoolPosted on: April 24, 2025

SEC Charges PGI Global Founder with $198 Million Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has filed charges against Ramil Ventura Palafox, the founder of PGI Global, alleging he orchestrated a $198 million Ponzi scheme. Palafox is accused of misrepresenting his company as a legitimate cryptocurrency and forex trading platform, promising investors high returns through

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