Tag: Ramil Palafox

  • Ramil Palafox Faces $198M Crypto Fraud Allegations

    Ramil Palafox Faces $198M Crypto Fraud Allegations

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    by

    Oscar

    The US Securities and Exchange Commission (SEC) has accused Ramil Palafox, founder of PGI Global, of orchestrating a $198 million crypto fraud scheme. Lavish spending, false promises, and widespread investor losses are at the centre of the scandal that unfolded between 2020 and 2021. Fraudulent Scheme Behind PGI Global According to the SEC, PGI Global…