Luckyhourly .Top Scam Or Genuine? Luckyhourly Top Review
This page aims to provide a brief and informative Luckyhourly Top review, helping those who are unsure about the company's legitimacy to determine whether is a Luckyhourly .Top trustworthy or potentially fraudulent. Please continue reading for more details.
Safety Index:
Safety Index for Luckyhourly .Top: 15/100 (Ponzi Scheme Scam)
Luckyhourly .Top Website Highlights:
- Domain Name: Luckyhourly .Top
- Website Name: Luckyhourly
- Address: 200, Tower Bridge Road, London, SE1 2UN, UNITED KINGDOM
- Email: admin@Luckyhourly .top
- Phone Number: +44 2037 692 909
- Website Claims: High rate of return and 3 levels of affiliate program
- Schemes: 4% Daily Forever, 5% Daily Forever, 6% Daily Forever, 7% Daily Forever, 8% Daily Forever, 35% Hourly For 4 Hours, 50% Hourly For 4 Hours, 200% After 2 Hours, etc.
Luckyhourly Top Review – Pros and Cons To Identify Either Is Luckyhourly .Top Scam or Genuine:
Pros:
- Hypertext Transfer Protocol Secure (HTTPS) protocol can be found on its website.
- The website of Luckyhourly Top includes contact information such as a phone number and address. (However, it is recommended to take into account the drawbacks mentioned below regarding the credibility of the company's address and registration.)
- Its email domain is related to its domain name.
- Its website name match with its domain name.
Cons (Drawbacks and Complaints):
- It is a Ponzi Scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out some few people who promote and support some Ponzi schemes.
- We can say it is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay unrealistic rate of return on the investment amount of members such as, 8% daily forever, but fails to provide the proof of its income source.
- All the Ponzi schemes like Luckyhourly Top trick people by showing the real payment proofs because they pay few members at starting by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. It is practically not possible to pay all members in a Ponzi Scheme.
- Beware of Ponzi schemes that employ tactics involving the display of company registration documents from the United Kingdom or Hong Kong. It is important not to be deceived by such documentation, as such registrations do not serve as a license to operate an investment company of this nature. Instead, they are primarily obtained for tax-related purposes. In the past, numerous businesses with similar company registrations have been exposed as scams.
- Its business strategy match with multiple scam sites such as Tureprofit, Earnbitprofit, Wise-Income, etc.
- It also operates another illegal scheme known as a Pyramid scheme because any company which pays the referral commission up to a multi-level downline without selling any real products or services is known as a Pyramid scheme. It is also claiming to pay referral commission up to 3 levels downline but without selling any real products or services, just on the sales of its Ponzi ROI plans. So, this makes it a Pyramid scheme as well.
Our Final Verdict:
Considering the provided information, it is evident that Luckyhourly Top is an illicit scheme, making it a fraudulent business.
If you want to report something about it or add your own Luckyhourly .Top reviews, then please feel free to leave your comment below.
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FAQs:
Is Luckyhourly Top a safe platform to invest in?
No, Luckyhourly Top is an unsafe platform for investment. It falls under the category of a fraudulent Ponzi scheme. Investing in such schemes poses a significant risk of financial loss, and authorities have cautioned the public against engaging with Ponzi schemes due to their unsustainable nature.
What is a Ponzi Scheme?
A Ponzi scheme is like a fancy trick where someone promises you big profits for investing your money. They say you'll get rich quick! But here's the catch: they don't actually make money through any real business. Instead, they use the money from new people joining the scheme to pay off the earlier investors. So, it keeps going as long as new people keep joining. But when no one new comes in, everything falls apart, and most people end up losing their money. If you want to find out in detail what is Ponzi Scheme and how is it operated, then you can click this link: https://de-reviews.com/ponzi-scheme/
What is a Pyramid Scheme?
Imagine a pyramid-shaped building, where the people at the top recruit more people below them, and those people recruit even more people below them. Each person has to pay money to the person who recruited them. The ones at the top make lots of money because they get a share from everyone below. But the problem is that there's no real product or service being sold. It's all about recruiting more people and getting their money. Eventually, the pyramid gets too big, and there aren't enough new recruits to sustain it. Then, the whole thing collapses, and most people end up losing their money.
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