Victor Rival, owner of Argent Global Network, announced the immediate suspension of new US recruitment and all i-Payout withdrawals last week. He delivered this news during a conference call with an estimated 300,000 affiliate investors, citing compliance concerns.

Argent Global operates by accepting $150 to $2400 investments from affiliates. These funds purchase "packages" that promise a weekly return on investment, ranging from $10 to $160. The payout amount depends directly on the initial investment.

Rival claimed the company hired a "US attorney" to assist with compliance efforts. He told investors that US compliance would improve worldwide acceptance for Argent Global. The owner did not name this attorney during the call.

New US registrations are now suspended indefinitely for all citizens and residents, even those living abroad. Rival expressed confidence that these challenges would resolve within two to four weeks. Operations would continue in other countries.

The company appears to be pursuing a pseudo-compliance strategy. Rival outlined plans to add more compliant platforms to the website. The Argent Global homepage will also be overhauled to function more as an advertising platform. A new blogging system, expected in about three weeks, will allow members to blog instead of posting classified ads. Changes to package purchase methods are also planned, though compensation rates will reportedly not change.

Rival also stated that approximately 3% to 5% of the company's purported 300,000 affiliate investors are US-based.

All withdrawals through i-Payout have also been suspended. Yet, Argent Global continues to accept new deposits from investors via the same payment processor. This follows i-Payout's own compliance crackdown announcement several months prior.