What Is Project Lantern? A Ponzi Scheme From A Notorious Promoter

Project Lantern is a MLM or multi-level marketing company claiming to provide a lending service to members. 

The company is promoted by Inspired Enterprises LTD, but that’s about it. We assume that Inspired Enterprises is a parent company and not a marketing company as they have us believe it to be. 

There are three names behind Project Lantern: Michael Faust, Chris Thomson, and Azli Noor. Faust is the most popular one here because he’s known for promoting Ponzis. 

Prior to Project Lantern, he was involved with other schemes such as USI Tech, Digital Tycoons, Ormeus Global, and Wenyard. He also promoted SilverStar Live, a trading Ponzi that collapsed two years ago. 

Hassan Mahmoud, Candace Ross-Mahmoud, and David Mayer were sued by the CFTC when SilverStar Live collapsed. 

Back to his team now, Azli Noor comes from Malaysia but appears to have no MLM experience. Chris Thomsons are plentiful in the MLM industry so it was hard to pinpoint which of them is running Project Lantern. 

Project Lantern Product Line

Project Lantern offers no retail products or services. Members are only able to market the income opportunity provided by Project Lantern. 

Does The Product Work?

Project Lantern markets themselves as a “unique and lucrative way to put funds to work which leads to residual and passive monthly revenue stream”. 

You sign up for the program, invest in Bitcoin, and collect a 6.5% monthly ROI without lifting a finger.

But rather than calling themselves as an outright investment platform, they call their opportunity “Debentures”. If you’re unfamiliar with what a debenture is, it’s similar to a bond (unsecured loan certificate). You apply to loan Project funds for a designated period of time and pay out a monthly interest. 

Debenture’s monthly interest payments yield 6.5% which ties in with their ROI monthly offering. 

So why did they even bother calling these as loans? Because this is an act of pseudo-compliance. When they don’t market it as an investment opportunity, they don’t get the attention of any regulatory agency because they think Project Lantern is offering a lending service. 

As it stands, Project Lantern is nothing more than a passive income opportunity, which constitutes securities offering. At a bare minimum, they’re committing securities fraud because they are not registered to carry out investment activities on behalf of their clients. 

If you combine this income opportunity with Faust’s Ponzi promotions, you can’t help but conclude that this is just one of his Ponzi schemes.

Project Lantern only offers one way to make money and that’s through recruitment. 

How To Get Started with Project Lantern?

The minimum investment to join Project Lantern is 0.03 BTC. 

Project Lantern Compensation Plan

Project Lantern members invest a minimum of 0.03BTC on the promise of a 6.5% monthly interest ROI. 

Project Lantern Affiliate Ranks

Project Lantern have membership ranks that affect your income opportunity. You go up in ranking when you recruit more people. 

• 1 Star – sign up as a Project Lantern affiliate, invest and recruit one affiliate
• 2 Star – recruit two affiliates
• 3 Star – recruit three affiliates
• 4 Star – recruit four affiliates
• 5 Star – recruit five affiliates

Note that to maintain the ranking, the recruits must have invested into the program. 

Referral Commissions

Project Lantern pays out referral commissions following a unilevel compensation structure. This places you at the top of the team and all your personal or direct recruits are placed under you. This is now your level 1 team. When any of the level 1 team members recruit people, these new recruits are placed under them and become your level 2 members and your level 1’s own level 1. 

This will go on infinitely in theory but Project Lantern caps out at 5 levels. A percentage of bitcoin invested in these five levels are paid out based on rank:

• 1 Stars earn 5% on level 1 (personally recruited affiliates)
• 2 Stars earn 5% on level 1 and 2% on level 2
• 3 Stars earn 5% on level 1, 2% on level 2 and 1% on level 3
• 4 Stars earn 5% on level 1, 2% on level 2 and 1% on levels 3 and 4
• 5 Stars earn 5% on level 1, 2% on level 2 and 1% on levels 3 to 5

ROI Match

Project Lantern pays out a matching 5% to 25% ROI to personally recruited members based on ranking:

• 1 Stars earn a 5% ROI match
• 2 Stars earn a 10% ROI match
• 3 Stars earn a 15% ROI match
• 4 Stars earn a 20% ROI match
• 5 Stars earn a 25% ROI match

Project Lantern also pays out residual ROI match following the same five-level deep unilevel team structure:.

• 2 Stars earn a ROI match on level 1 (see above) and 10% on level 2
• 3 Stars earn a ROI match on level 1 (see above), 10% on level 2 and 5% on level 3
• 4 Stars earn a ROI match on level 1 (see above), 10% on level 2 and 5% on levels 3 and 4
• 5 Stars earn a ROI match on level 1 (see above), 10% on level 2 and 5% on levels 3 to 5

#1 Investment Not Loans

Project Lantern and Faust are having you believe that you’re investing to fund lending projects, hence the name. But the reality is that this is nothing more than an investment opportunity. There is no lending involved here. 

There’s also no proof here that any trading is done to generate the promised monthly ROI.

#2 Ponzi Scheme!

Recruitment is the name of the game here. That’s the nature of their business. You recruit people so they can invest into the program. They use the investments to pay off the members at the higher tiers and funds trickle down. 

As long as you’re at the bottom of the tier, you’re never earning any money.

#3 Notorious Ponzi Promoter!

Faust is a notorious Ponzi promoter, that much we can tell. We don’t know if he’s had any ownership of the schemes he previously promoted as well. 

All we know is that if you see his name with a new income opportunity, there’s a big chance it’s a Ponzi scheme.

There’s nothing to like about Project Lantern.

Project Lantern is a Ponzi scheme as far as we’re concerned, and all the red flags point to it being one. From the recruitment-based income opportunity to securities fraud, there’s nothing on this program that’s legitimate. 

Faust is known for promoting a lot of Ponzi schemes and we’re not going to be convinced that Project Lantern is any different from the others he promoted before.

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...