LeoCraft provides no information on its website about who owns or runs the business.
Copy on LeoCraft’s “about us” section of their website features on the websites of a number of Ponzi schemes:
LeoCraft’s website domain (“leocraft.ltd”) was privately registered on July 19th, 2019.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
LeoCraft’s Products
LeoCraft has no retailable products or services, with affiliates only able to market LeoCraft affiliate membership itself.
LeoCraft’s Compensation Plan
LeoCraft affiliates invest funds on the promise of advertised daily returns.
- invest $300 to $1000 and receive a 4% daily ROI
- invest $1000 to $5000 and receive a 5% daily ROI
- invest $5000 to $20,000 and receive a 200% ROI in 17 days
- invest $20,000 or more and receive a 200% ROI In 14 days
Referral Commissions
LeoCraft pays referral commissions on invested funds down three levels of recruitment:
- level 1 (personally recruited affiliates) – 4%
- level 2 – 1%
- level 3 – 0.5%
Joining LeoCraft
LeoCraft affiliate membership is free.
Full participation in the attached income opportunity however requires a minimum $300 investment.
Conclusion
LeoCraft represents that it generates external revenue via the
contribution to the development of the company and know-how technology of Japan.
Whatever that means…
Considering anything to do with Japan is copy/paste text from other Ponzi scheme websites, it’s a safe bet that LeoCraft has nothing to do with Japan.
In any event, no evidence of LeoCraft generating any external revneue, much the less using it to pay affiliates is provided.
LeoCraft’s business model also fails the Ponzi logic test.
Anyone capable of consistently generating a legitimate 200% ROI in 14 days will wind up owning the planet in just a few short years.
Why sell that to randoms over the internet for just $20,000?
The only verifiable source of revenue entering LeoCraft is new investment.
Using new investment to pay existing affiliate investors returns of up to 200% makes LeoCraft a Ponzi scheme.
As with all MLM Ponzi schemes, when recruitment dies off so too will new investment.
This will starve LeoCraft of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.