Overview

PGI Financial Services, Inc.

Information by Research TrustFinance

pgiglobal.trade, praetoriangroupinternational.com

Praetorian Group International, Inc. (PGI), also known as PGI Global, was a company that purported to be a multi-level marketing and investment firm focused on cryptocurrency trading. The company solicited funds from investors globally, promising substantial returns from a "crypto-asset trading pool." However, in October 2021, the U.S. SEC charged the company and its principals with operating a fraudulent pyramid and Ponzi scheme, alleging they used new investor funds to pay earlier investors and for personal expenses rather than for legitimate trading. The company's operations have since ceased.

Founded in
United States

United States


Industry

    Financial

  • InvestmentPRIMARY
  • Other Service