Ramil Palafox Charged in $198M Crypto Scam Scandal
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Ramil Palafox Charged in $198M Crypto Scam Scandal

April 23, 2025
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In a major move by the newly chaired U.S. Securities and Exchange Commission (SEC), Ramil Palafox, founder of PGI Global, has been accused of orchestrating a $198 million fraudulent investment scheme. The SEC’s complaint details a web of deceit masked under promises of crypto trading profits, while investor funds were

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