U.K. High Court has seized a UK-based crypto company for allegedly defrauding investors’ funds of around £612,425 (more than $700,00). The defendant company, PGI Global U.K. Ltd, offered 200% returns ...
Tag: PGI
UK High Court Shuts Down PGI Global for Involvement in a Crypto Fraud
The UK High Court has ordered PGI Global to shut down. Company was believed to be involved in cryptocurrency fraud. High Court did the same with Micasa WW Ltd. in August 2022. Official Receiver Appoin...
UK Closes Crypto Platform PGI Global for Defrauding Investors With Over $700,000
The United Kingdom High Court shut down the cryptocurrency firm PGI Global for allegedly running a fraudulent scheme. The company promised investors returns of up to 200% if they purchased digital ass...
Britain’s High Court Suspends PGI Over Alleged Crypto Fraud – crypto.news
A British High Court suspended the Pretoria Group International (PGI) Trading firm. PGI offered crypto services, health products, and blockchain education. PGI Shutdown While Holding Investors’ Funds ...
UK High Court shutters crypto firm PGI Global for alleged scam involvement
Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court in the United Kingdom, according to a press release issued by U.K. authorities, The court issued the directive f...
Crypto trading ponzi scheme PGI Group shut down in UK
A Ponzi scheme known as Praetorian Group has been shut down in the UK, following an investigation by the US Department of Justice (DoJ) and a 2021 warning by the Securities and Exchange Commission (SE...