What Is Lobto? A Ponzi Scheme That Doesn’t Even Try Hard!
Welcome to my Lobto review!
Some Ponzi schemes go to the ends of the earth to make themselves look legitimate. They’ll use hyped-up marketing videos, fake testimonials, and paid actors to get their message across. It even comes to a point where they believe so much in their own lie that their members also believe in the program.
This is what happened to a vast number of Ponzi schemes that made the headlines a couple of years back.
But these try-hards are probably as uncommon as you think. Sometimes, you’ll find Ponzi schemes that don’t even make the effort to appear legitimate.
A good example would be Lobto, which doesn’t try hard enough to appear legitimate and only uses some crypto BS as a way to confuse people.
Check out the review below...
First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.
That's the way to avoid scams and find the legitimate way to make money online!
Let me be completely transparent with you, I'm not associated with Lobto in any form.
So, rest assured that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what makes this scheme shameful...
Lobto Review Summary
Product Name: Lobto
Founder: Not disclosed
Product Type: Cryptocurrency Investment Ponzi Scheme
Price: $100 minimum investment
Best For: No one!
Summary: Lobto is a cryptocurrency investment and mining Ponzi scheme that doesn't even try hard to hide its MO. It's so obvious that we're not going to see them around for a long time. The income opportunity is just focused on recruitment and there's no proof people are making money through mining or investing.
Rating: 1/100
Recommended: No!
More...
What is Lobto?
Lobto is a MLM or multi-level marketing company that operates in the cryptocurrency investment and mining niche.
Members are invited into the income opportunity to “mine” and “invest” in cryptocurrency with the help of Lobto’s so-called cryptocurrency investment experts.
All of that is just typical Ponzi mambo-jumbo.
There’s no information about who owns the company, or where the company originates. There’s no information about who their experts are.
Their domain was registered last June 2020 and was recently updated in Jan 2021. The domain registration was private so there’s no way of telling who registered it.
According to Alexa, Egypt is ranked as the highest traffic source, comprising 49% of the traffic. Thailand comes to a close second with 18%. The website appears to be hosted in Ecuador, which explains the traffic.
To make themselves look legitimate, they have a UK incorporation, which for due diligence, means absolutely nothing.
UK incorporation is meaningless because it’s unregulated and a lot of scammers use this as a front for legitimacy.
Lobto Product Line
Lobto has no retail products or services. Rather, they only have their income opportunity, which you can access when you make an investment.
I'm Jerry!
I Created My Own 4-Figure Monthly Passive Income at just 21 Years Old!
Does The Product Work?
Lobto is a cryptocurrency mining and investment company, according to their website. They claim that their Bitcoin is managed by a team of investment experts, but this is where their fraud actually begins.
From the investment side, you’re getting about 250% a day on returns. This equates to passive income, which constitutes securities offering.
For securities offering, you need to be registered with your country’s financial regulatory authorities. A good example would be the SEC. Companies who engage in securities will also need to register their brokers who’re working for them with these authorities.
There’s no proof here that Lobto is registered to do that.
An incorporation with any country does not authorize you to carry out financial transactions either. An incorporation will simply mean that your business officially exists and that you’re now able to file for taxes and all that.
As it stands, the only source of income generated by Lobto is through new member recruitment. The investment fees paid out by new members are disguised as ROI’s for the people who referred these new people.
Once the recruitment dies down, the money will stop coming in. There’s no proof that they’re generating income to keep the company afloat.
How To Make Money with Lobto?
Because they’re a Ponzi scheme, members only make money by recruiting people. There’s no proof that people are earning with their promised ROI’s.
How To Get Started with Lobto?
The membership into the income opportunity is free, but it doesn’t mean you can start earning already.
You need to invest a minimum of $100 to qualify for their income opportunity.
All payments and investments made within Lobto are made in Bitcoin.
Lobto Compensation Plan
Lobto’s main income opportunity comes from the promise of advertised returns, as follows:
invest $100 to $1,000,000 and receive 7% a day for 30 days
invest $5000 to $1,000,000 and receive 11% a day for 30 days
invest $75,000 to $1,000,000 and receive 150% in 24 hours
invest $250,000 to $1,000,000 and receive 250% in 24 hours
While the investments are noted in USD, these are converted into Bitcoin.
Referral Commissions
Lobto’s referral commissions are paid out following a unilevel structure. This structure places you at the top of the team.
Your direct recruits are placed under you and are marked as your level 1.
Your level 1’s recruits are placed below them, and labeled as their level 1 and consecutively your level 2.
This goes on infinitely in theory, but Lobto caps it out at three levels.
Commissions are paid out based on the levels:
level 1 (personally recruited affiliates) – 5%
level 2 – 3%
level 3 – 2%
Representative Program
Lobto members who invest more than $5000, or convince other people to invest $5,000 will qualify for this program.
Lobto Representatives earn $250 per active referral. Their referral commissions are the same as regular Lobto members.
Lobto Ugly Truths Revealed!
#1 Ponzi Scheme!
As we said earlier, Lobto is definitely a Ponzi scheme because the main source of income is recruitment. There’s no proof that money is being generated in any form of investing. The only people making money here are the people running Lobto.
#2 Securities Fraud!
Even if there were investments made, Lobto is not registered to carry out these transactions in behalf of clients. They need to be registered with regulatory agencies. A UK incorporation does not mean anything in terms of being allowed to invest.
What I Like About Lobto?
There’s nothing to like about Lobto. It’s just one big Ponzi scheme.
Is Lobto a Scam?
Lobto is definitely a Ponzi scheme, and there’s no proof that it’s a legitimate business. They’re not registered with the SEC or any agency to carry out investments in behalf of clients, so that’s securities fraud. If you make money off of people through their program, you can go to jail.
You can also go to jail for promoting a Ponzi scheme. Remember what happened to the people behind OneCoin? Yeah, they went to jail.
Stay away from this program.
How I Make a Living Online?
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...
I've personally created a 4-Figure Monthly Passive Income Stream and become financially independent at just 21 years old without any College degree or working experience!
Through my own hard work, I went from a broke restaurant waiter to living my dream laptop lifestyle in less than a year's time...
If you want to discover the secrets of how I did it at such a young age, click here!
