Lobto Review: 250% a day bitcoin Ponzi scheme

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Lobto provides no information about who owns or runs the company on its website.

Lobto’s website domain (“lobto.com”) was privately registered on June 11th, 2020. The domain registration was last updated on January 6th, 2021.

Alexa currently ranks Egypt (49%) and Thailand (18%) as top sources of traffic to Lobto’s website. Lobto’s website itself is hosted in Ecuador.

In an attempt to appear legitimate, Lobto provides a UK incorporation certificate for Lobto Limited.

UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

For the purpose of performing MLM due-diligence, UK incorporation is meaningless.

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.

Lobto’s Products

Lobto has no retailable products or services, with affiliates only able to market Lobto affiliate membership itself.

Lobto’s Compensation Plan

Lobto affiliates invest bitcoin on the promise of advertised returns:

  • 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

Note that while its investment plans are quoted in USD, Lobto only accepts and pays out bitcoin.

Lobto pays referral commissions on invested funds down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 3%
  • level 3 – 2%

Representative Program

Lobto affiliates who invest $5000 or convince others to invest $5000 qualify as a Representative.

Lobto Representatives

earn $250 per active referral. Active referrals are those who invest at least $100 into their account.

Note Representatives earn the same referral commission rates as regular Lobto affiliates.

Joining Lobto

Lobto affiliate membership is free.

Full participation in the attached income opportunity however requires a minimum $100 investment.

If a Lobto affiliate wishes to qualify as a Representative, a minimum $5000 investment is required (or alternatively convince others to invest $5000).

Note that all payments within Lobto, both paid and received, are made in bitcoin.

Conclusion

Lobto pitches itself as a “cryptocurrency mining & investment company”. Supposedly invested bitcoin is ‘managed by a team of lobto.com investment experts.’

In other words, Lobto is your typical MLM crypto Ponzi.

Lobto’s fraud begins with the company’s passive investment opportunity being a securities offering.

Lobto is not registered to offer securities in any jurisdiction, meaning the company solicits investment illegally the world over.

With no verifiable evidence of external revenue being used to pay advertised returns, the only verifiable source of revenue entering Lobto is new investment.

Using new investment to pay affiliates daily returns of up to 250% a day makes Lobto a Ponzi scheme.

The company’s business model also fails the Ponzi logic test.

If the scammers behind Lobto were actually capable of legitimately generating 250% a day, what on Earth do they need your money for?

As with all MLM Ponzi schemes, when affiliate recruitment dries up so too will new investment.

This will starve Lobto of ROI revenue, eventually prompting a collapse.

The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.

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