Mission Lantern has no web site or public presence. The corporate is promoted in secret.
Impressed Enterprises Ltd is the advertising and marketing entity chargeable for the promotion of the mission and interacting with customers concerned with the mission. The Model identify is Mission Lantern.
What Mission Lantern does have is an affiliate login web page, which is hosted at a particular area as per the corporate’s FAQ:
What URLs are related to the corporate?
The URL related to this mission is inspiredenterprises.membership. The log in URL for customers is inspiredenterprises.membership/login. The URL for the Assist Workforce is help.iebo.membership.
The three executives behind Mission Lantern are Michael Faust, Chris Thomson and Azli Noor.
Michael Faust (proper) is a serial promoter of Ponzi schemes.
In his Mission Lantern company bio, that is diminished to
36 years in enterprise, 20 years of that working on-line.
Has developed referral networks compromising of tens of 1000’s of individuals in 100+ nations a number of instances; based, co-owned, and managed firms, and consulted internationally.
By means of his Digital Tycoons workforce, Ponzi schemes Faust has promoted embrace USI-Tech, Ormeus World and Wenyard.
Faust additionally promoted SilverStar Reside, a buying and selling rip-off that collapsed in 2019.
Homeowners Hassan Mahmoud, Candace Ross-Mahmoud and David Mayer, have every been sued by the CFTC for SilverStar Reside associated fraud.
Previous to the CFTC crackdown, Faust threatened BusinessForHome for suggesting SilverStar Reside was committing securities fraud within the US.
In keeping with his Fb profile Faust, initially from Australia, is hiding out in Chonburi, Thailand.
There’s a number of Chris Thomsons within the MLM trade. I wasn’t capable of pin down Mission Lantern’s Thomson particularly.
Azli Noor is predicated out of Malaysia. He doesn’t seem to have any MLM expertise, not less than nothing he’s prepared to share publicly.
Learn on for a full evaluation of Mission Lantern’s MLM alternative.
Mission Lantern’s Merchandise
Mission Lantern has no retailable services or products, with associates solely capable of market Mission Lantern affiliate membership itself.
Mission Lantern’s Compensation Plan
Mission Lantern associates put money into 0.01 BTC items. That is executed on the promise of a 6.5% “month-to-month curiosity” ROI.
Mission Lantern Affiliate Ranks
There are 5 affiliate ranks inside Mission Lantern’s compensation plan.
- 1 Star – enroll as a Mission Lantern affiliate, make investments and recruit one affiliate
- 2 Star – recruit two associates
- 3 Star – recruit three associates
- 4 Star – recruit 4 associates
- 5 Star – recruit 5 associates
Observe to rely in direction of rank qualification, recruited associates should have an energetic funding.
Referral Commissions
Mission Lantern pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned straight below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Mission Lantern caps payable unilevel workforce ranges at 5.
Referral commissions are paid out as a proportion of bitcoin invested throughout these 5 ranges based mostly on rank
- 1 Stars earn 5% on stage 1 (personally recruited associates)
- 2 Stars earn 5% on stage 1 and a pair of% on stage 2
- 3 Stars earn 5% on stage 1, 2% on stage 2 and 1% on stage 3
- 4 Stars earn 5% on stage 1, 2% on stage 2 and 1% on ranges 3 and 4
- 5 Stars earn 5% on stage 1, 2% on stage 2 and 1% on ranges 3 to five
ROI Match
Mission Lantern pays a 5%-25% match on returns paid to personally recruited associates.
- 1 Stars earn a 5% ROI match
- 2 Stars earn a ten% ROI match
- 3 Stars earn a 15% ROI match
- 4 Stars earn a 20% ROI match
- 5 Stars earn a 25% ROI match
There may be additionally a residual ROI Match, paid out through the identical five-level deep unilevel workforce used to pay residual commissions (see above).
- 2 Stars earn a ROI match on stage 1 (see above) and 10% on stage 2
- 3 Stars earn a ROI match on stage 1 (see above), 10% on stage 2 and 5% on stage 3
- 4 Stars earn a ROI match on stage 1 (see above), 10% on stage 2 and 5% on ranges 3 and 4
- 5 Stars earn a ROI match on stage 1 (see above), 10% on stage 2 and 5% on ranges 3 to five
Becoming a member of Mission Lantern
Mission Lantern affiliate membership is tied to an preliminary minimal 0.03 BTC funding.
Conclusion
Mission Lantern markets itself as
a singular, profitable and sustainable method … to place funds to work, resulting in a residual, passive month-to-month income stream, with the capability to additionally construct money reserves (wealth).
You enroll, make investments bitcoin and gather a passive 6.5% month-to-month ROI.
Somewhat than simply be sincere and name Mission Lantern what it’s, a passive funding alternative, Michael Faust and the gang have give you “debentures”.
For these unfamiliar with a Debenture, it really works equally to a Bond (an unsecured mortgage certificates), the place you apply to mortgage the Mission funds for a chosen interval and, in return, are paid month-to-month curiosity.
The Debenture curiosity funds yield 6.5% per thirty days which is a really enticing consequence.
Breaking down Mission Lantern’s pseudo-compliance bullshit;
- “the mission” = Mission Lantern
- debentures = funding contract
- mortgage = funding
- curiosity = returns
So what about these loans hey?
In easy phrases, you might be making use of to mortgage the Firm your Euro or Bitcoin (the Advance) and being paid month-to-month curiosity for the lifetime of that mortgage, after which, the Superior (mortgage) is returned to you.
For this Mission your advance is put to work for 12 months and on the finish of that 12 months the preliminary Advance loaned is returned to you, and the Debenture expires.
It’ s necessary to notice {that a} Debenture is NOT an Funding or a Safety.
This is a vital distinction by way of regulatory compliance.
The factor about pseudo-compliance is regulators don’t pay any consideration to it.
Mission Lantern is soliciting funding in bitcoin, on the promise of a passive 6.5% month-to-month ROI:
That’s not a mortgage, that’s an funding made on the expectation of an marketed return.
If Mission Lantern was to signify itself as an organization legally soliciting loans from customers as debentures, they’d have to supply specific particulars as to what they’re doing with the cash.
As an alternative all you get is identical “buying and selling” Ponzi bullshit Michael Faust has been scamming individuals with for years.
Whereas elevating the required seed capital to fund our R&D Initiatives, all obtainable liquidity can be put to work in numerous monetary sectors together with buying and selling foreign exchange, cryptocurrency and commodities, the place extremely expert merchants generate earnings which is able to allow us to pay the curiosity on Debentures initially in addition to develop the seed capital for this Mission.
Buying and selling will happen in each the Foreign exchange and Cryptocurrency sectors with some executed utilizing algorithmic software program and EAs in addition to buying and selling executed manually by very skilled merchants.
Mission Lantern is a passive funding alternative, which constitutes a securities providing.
Neither Mission Lantern, Michael Faust, Chris Thomson or Azli Noor are registered to supply securities in any jurisdiction.
Thus at a minimal, Mission Lantern is committing securities fraud.
The one purpose MLM firms commit securities fraud is as a result of they aren’t doing what they declare to be.
With respect to Mission Lantern, that’d be producing returns by buying and selling actions.
To additional illustrate how ridiculous Mission Lanterns enterprise mannequin is, rates of interest are at file lows worldwide.
Why on Earth would you solicit funding from the general public at 6.5% a month?
Even should you pretended Mission Lantern was producing exterior income (over 6.5% a month to cowl returns and commissions), it’d make much more sense to simply apply for a ~1% annual mortgage and compound 6.5% a month to pay it off.
I imply that’s precisely what Mission Lantern recommends its traders do:
Mission Lantern is one more Ponzi scheme run by not less than one serial scammer. You hand over your bitcoin, returns are paid till recruitment inevitably tanks, then Michael Faust and associates do a runner.
The secrecy alone is sufficient to increase crimson flags. Throw in Faust’s fraudulent previous, securities fraud and cute “debentures” pseudo-compliance, you understand how this ends.
Replace seventh February 2022 – Mission Lantern has collapsed.