SEC Charges PGI Global Founder With $198 Million Crypto Asset and Foreign Exchange Fraud Scheme
April 23, 2025
April 23, 2025
WASHINGTON, April 23 -- The Securities and Exchange Commission issued the following news release:
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SEC Charges PGI Global Founder with $198 Million Crypto Asset and Foreign Exchange Fraud Scheme
Washington D.C., April 22, 2025 -- The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investo . . .
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SEC Charges PGI Global Founder with $198 Million Crypto Asset and Foreign Exchange Fraud Scheme
Washington D.C., April 22, 2025 -- The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investo . . .