Lume Capital fails to supply possession or government info on its web site.
Lume Capital’s web site area (“lumecapitalcorp.com”), was privately registered on August thirteenth, 2023.
In an try to look authentic, Lume Capital offers shell firm certificates for the UK and Montana. A FinCEN certificates can be supplied.
As a result of ease with which scammers are capable of incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence these certificates are meaningless.
The FinCEN certificates can be meaningless:
- FinCEN isn’t a monetary regulator;
- registering a bogus shell firm with FinCEN takes a number of clicks on-line
The shell firm –> FinCEN route is typical of non-native English talking scammers.
Pursuant to its US shell firm ruse, Lume Capital offers an deal with in Montana on its web site.
The deal with belongs to Regus, an organization that sells entry to digital workplace addresses.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Lume Capital’s Merchandise
Lume Capital has no retailable services or products.
Associates are solely capable of market Lume Capital affiliate membership itself.
Lume Capital’s Compensation Plan
Lume Capital associates make investments USD equivalents in cryptocurrency. That is completed on the promise of marketed passive returns:
- ICO – make investments $25 to $10,000 and obtain 1.7% a day
- Token – make investments $10,001 to $30,000 and obtain 2% a day
- Crypto – make investments $30,001 to $70,000 and obtain 2.3% a day
Lume Capital pays passive returns each day for 140 days.
The MLM aspect of Lume Capital pays on recruitment of affiliate traders.
Referral Commissions
Lume Capital pays a 9% referral fee on cryptocurrency invested by personally recruited associates.
Residual Commissions
Lume Capital pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, cut up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Word there is no such thing as a restrict to how deep a binary crew can develop.
On the finish of every day Lume Capital tallies up new funding quantity on either side of the binary crew.
Residual commissions are paid as 10% of recent funding quantity on the weaker binary crew aspect.
Word Lume Capital caps each day residual fee based mostly on how a lot a Lume Capital affiliate has invested:
- ICO tier associates can earn as much as $1000 a day
- Token tier associates can earn as much as $3000 a day
- Crypto tier associates can earn as much as $7000 a day
Becoming a member of Lume Capital
Lume Capital affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $25 funding.
Lume Capital solicits funding in numerous cryptocurrencies.
Lume Capital Conclusion
Lume Capital represents it generates exterior income through a variety of crypto themed ruses.
We’re a Crypto Capitalist firm that manages member’s funds by speculating within the totally different crypto industries like Crypto Trade, Crypto Buying and selling, ICO Tasks and Crypto Staking.
No verifiable proof of Lume Capital producing exterior income of any form is supplied.
Lume Capital’s passive returns funding alternative constitutes a securities providing. This requires Lume Capital to register with regulators and periodically file audited monetary experiences.
Lume Capital fails to supply proof it has registered with any monetary regulator. Thus, at a minimal, Lume Capital is committing securities fraud and working illegally the world over.
This makes Lume Capital’s representations about regulatory compliance all of the extra ridiculous.
As Lume Capital Company, we perform as a world funding firm that strictly follows worldwide legal guidelines and laws.
Because it stands, the one verifiable income getting into Lume Capital is new funding.
Utilizing new funding to pay ROI withdrawals would make Lume Capital a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Lume Capital of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.