LyoFI is a by-product of the WeWe International Ponzi scheme.
LyoFI’s web site area (“lyofi.com”), was privately registered on July thirtieth, 2021.
WeWe International revealed the corporate, as a partnership with itself, in October 2021:
Within the footer of LyoFI’s web site, the next info is supplied:
DIGIFI GROUP LTD
BRN: 2073860
Skeleton Bay Lot, Tortola BVI
The BVI is a scam-friendly jurisdiction that scammers solely use to include shell firms. Any MLM firm representing ties to the BVI is an instantaneous due-diligence purple flag.
“Digifi Group LTD” is a by-product of DigiTech Companies LTD, the BVI shell firm WeWe International represents it’s owned by.
At time of publication WeWe International’s official FaceBook web page is managed from the UAE and Italy.
WeWe International’s connection to the UAE is assured to be Dubai:
Dubai is the MLM crime capital of the world. As with BVI, any MLM firm that has ties to Dubai is assured to be there as a result of its enterprise mannequin is fraudulent.
Italy seems to be the place WeWe International is at the moment being closely promoted. At time of publication SimilarWeb ranks high sources of visitors to WeWe International’s web site as Italy (62%), Greece (12%) and Turkey (8%).
The one government that has to date put their face to WeWe International is Luiz Goes (additionally spelt Luiz Goez).
Luiz cites himself because the CEO of LyoPay. LyoPay is a crypto trade launched in 2020.
Luiz represents himself to be a Brazilian citizen. His LinkedIn options the standard string of failed crypto bro initiatives, relationship again to 2019.
LyoPay was primarily lifeless till very just lately:
This coincides with WeWe International recruitment selecting up in 2022.
WeWe International’s LyoFI providing noticed the Ponzi scheme launch new a brand new 900 day every day returns Ponzi scheme.
WEWE International’s partnership with LYOFi presents to its customers an revolutionary know-how of minting tokens — cloud minting.
It’s the standard staking rip-off, orchestrated by LYOCREDIT token (LYO).
WeWe International’s authentic Ponzi scheme was the identical rip-off however with WEWEX tokens.
WeWe International’s WEWEX Ponzi seems to have taken a again seat (learn: collapsed).
WeWe International solicits funding into LYO through euro equivalents in bitcoin and ethereum.
Ten funding plans are provided, spanning 100 to 100,000 EUR.
WeWe International pitches LYO invested into LyoFI pays a 300% ROI over 900 days.
The MLM facet of the enterprise seems unchanged from BehindMLM’s authentic WeWe International evaluation, revealed July 2021.
LyoFI Ponzi withdrawals are paid in LYO, which associates convert into bitcoin.
The Cloud Minting Program, delivered to you in partnership with LYOFi, is a service to lease {hardware} and mint LYOCREDIT tokens. You possibly can retailer LYO or swap them for bitcoin.
With WeWe International and LyoFI being a Ponzi scheme, this can final till invested funds dry up.
Observe that math ensures nearly all of buyers in Ponzi schemes lose cash. WeWe International and LyoFI will in fact characterize you’re getting cash by LYO token every day return funds.
Making an attempt to money that for bitcoin is one other story. It’ll work till it doesn’t (no more cash to steal).
Taking a step again to make sense of this, it seems WeWe International’s authentic WEWEX Ponzi collapsed someday in late 2021. They is perhaps protecting it limping together with new exercise by LyoFI.
Previous to stepping into mattress with WeWe International, LyoPay was a dying/lifeless crypto trade.
Luiz Goes is working his personal Ponzi by LyoPay, promising buyers 60% a yr.
That is doable as a result of Goes created LYO tokens on demand on the push of a button.
For buyers once more the problem is changing LYO into one thing that may really be cashed out. It’ll work till it doesn’t.
Digging deeper into the enterprise relationship between LyoPay and WeWe International, it’s most likely a variation of the white label Ponzi manufacturing unit service Goes gives:
One factor that caught my eye with LyoPay’s white label Ponzi providing was journey bookings:
WeWe International bundled journey bookings with its authentic Ponzi by “Travel4You” – that’s nonetheless up at “travel4you.io”.
Site visitors to the location is lifeless although as a result of no one is investing in WeWe International for journey reductions, they’re there for the Ponzi scheme.
What I’m pondering is WeWe International’s authentic Ponzi scheme was arrange inside LyoPay. That brings us again to Luiz Goes.
If, as represented, WeWe International simply has a white label partnership with LyoPay, why is Luiz Goes giving detailed WeWe International advertising and marketing displays?
Goes is
- in Dubai;
- selling WeWe International; and
- owns the platform WeWe International now seemingly runs its Ponzi scheme off of.
Additional supporting Goes working WeWe International is the very fact we haven’t seen a single WeWe International government in a over a yr.
LyoPay can be included as DigiLYO App LTD, a UK shell firm. UK shell incorporation is one other purple flag however the naming construction of DigiLYO App LTD is what’s vital right here.
We have now
- WeWe International – DigiTech Companies LTD;
- LyoFI – DigiFi Group LTD; and
- LyoPay – DigiLYO App LTD.
It appears Goes may need slipped up together with his “Digi-X” shell firm naming template.
Timeline smart WeWe International’s web site was registered seven months previous to LyoPay. Each firms’ social media accounts nevertheless had been arrange in August 2020 – in order that they launched across the identical time.
I imagine the interior trade WeWe International initially launched with was a clone of LyoPay’s standalone trade. LyoPay has now been correctly built-in by LyoFI.
Goes has already demonstrated he’s working a number of exchanges with LyoTrade.
I can’t rule out Goes working WeWe International however I can’t definitively verify it but both. Because it stands, all indicators level to Goes being behind WeWe International and LyoFI.
Anyway, no matter who’s working an MLM Ponzi scheme, the result is similar:
The vast majority of buyers lose cash to the scammers working and high promoters.
Jose Gordo, believed to be primarily based out of Spain, has been desperately making an attempt to get WeWe International off the bottom in South America.
Gordo is greatest identified within the MLM trade as a high net-winner within the infamous OneCoin Ponzi scheme.
In late 2020 Gordo was indicted in Argentina on felony fraud expenses associated to OneCoin. He stays a wished fugitive.