L.NE fails to supply possession or govt info on its web site.
L.NE directs its MLM alternative to South Africa, each by means of provided puff-piece information articles and use of the South African rand (ZAR).
L.NE’s web site area (“bcok.membership”), was privately registered on November twenty fifth, 2022.
L.NE operates its MLM alternative by means of an app. L.NE’s app is supplied on the area “downele.membership”, which is linked from L.NE’s homepage.
“Downele.membership” was privately registered on December 1st, 2022. By way of its source-code, we are able to verify Chinese language scammers are behind L.NE:
There’s additionally this odd line in L.NE’s Privateness Coverage;
When you have violated related Chinese language legal guidelines and rules or this utility service settlement or associated guidelines, it is advisable to disclose it to a 3rd occasion.
One other focal point is L.NE coordinating its MLM alternative by means of the Telegram group “Photovoltaic7”
Telegram is a communication platform synonymous with fraud.
As all the time, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
L.NE’s Merchandise
L.NE has no retailable services or products.
Associates are solely in a position to market L.NE affiliate membership itself.
L.NE’s Compensation Plan
L.NE associates make investments ZAR or tether (USDT) equivalents. That is accomplished on the promise of marketed returns:
- Wind Turbine – make investments R28 and obtain R14 a day for two days
- Mini Wind Turbine – make investments R300 and obtain R9 a day for 7 days
- Small Wind Turbine – make investments R1000 and obtain R34 a day for 30 days
- Medium Wind Turbine – make investments R3000 and obtain R105 a day for 30 days
- Superior Wind Turbine – make investments R10,000 and obtain R300 a day for 30 days
L.NE pays referral commissions on invested fund down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 6%
- degree 2 – 3%
- degree 3 – 1%
Becoming a member of L.NE
L.NE affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal preliminary R28 funding.
L.NE solicits funding in ZAR and USDT.
L.NE Conclusion
L.NE is yet one more “click on a button” app Ponzi scheme. I believed the title is perhaps a play on “Line”, a preferred messaging app in Asia.
Seems it’s a misspelling with a random interval insert as a result of causes.
Welcome to hitch (L.NE) Worldwide New Vitality Firm Channel, the corporate is dedicated to creating and developing renewable vitality energy era amenities, and selling the event and upkeep of recent vitality energy.
Mixing up “L” and “I” looks like a sort of foolish mistake to make. Possibly it was intentional, who is aware of. The scammers behind L.NE aren’t native English audio system.
From the excerpt above, you possibly can see that this time across the “click on a button” Ponzi ruse is “renewable vitality”.
It is a extra broad variation of the not too long ago collapsed SunSolar and Gollong Photo voltaic Ponzis, which centered on photo voltaic.
L.NE represents associates are investing in renewable vitality tools. And that “clicking a button” every day generates renewable vitality, which one thing one thing ROI.
In actuality, all L.NE are doing is recycling invested funds to pay returns.
Peace Ranch is a part of a gaggle of “click on a button” app Ponzis that emerged in late 2021.
Together with L.NE, BehindMLM has to this point documented forty-five “click on a button” app Ponzis. Most of them final a number of weeks to a couple months earlier than collapsing.
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
Thus far the one authorities that has acknowledged the existence of “click on a button Ponzis is the Philippines.
Different fraud warnings have been issued towards particular “click on a button” Ponzis, however the sector as an entire has largely flown below the radar.