On its website, L.NE doesn’t say who owns the company or who runs it.
L.NE’s MLM opportunity is geared toward South Africa. It does this by giving out puff pieces in the news and using the South African rand (ZAR).
The name of L.NE’s website, “bcok.club,” was registered privately on November 25, 2022.
L.NE’s MLM business is run through an app. The L.NE app can be found at “downele.club,” which can be reached from the L.NE homepage.
On December 1, 2022, a private person signed up “Downele.club.” We know for sure that Chinese scammers are behind L.NE because of its source code:
If you broke any Chinese laws or rules, or this application service agreement or other rules related to it, you need to tell a third party.
Another interesting thing is that L.NE runs its MLM opportunity through the “Photovoltaic7” Telegram group.
Fraud is often linked to the messaging app Telegram.
If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.
The Products of L.NE
L.NE has no goods or services that can be sold.
Affiliates can only promote their own L.NE affiliate membership.
The way L.NE pays its affiliates is by having them invest ZAR or tether (USDT) equivalents. This is done because they say they will make money:
Wind Turbine: Spend R28 and get R14 back every day for 2 days.
Mini Wind Turbine: Spend R300 and get R9 every day for seven days.
Small Wind Turbine: Put R1,000 into it and get R34 every day for 30 days.
Medium Wind Turbine: Put in R3,000 and get R105 every day for 30 days.
Advanced Wind Turbine: Spend R10,000 and get R300 a day for 30 days.
L.NE pays commissions on funds invested through referrals down three levels of recruitment (unilevel):
level 1 (affiliates you recruited yourself): 6%
level 2 – 3% level 3 – 1%
Signing up to be an L.NE affiliate is free.
To fully take part in the attached income opportunity, you must invest at least R28.
L.NE asks for ZAR and USDT investments.
L.NE is just one more “click a button” Ponzi scheme app. I thought that the name might be a play on the popular Asian messaging app “Line.”
It turns out that it’s a misspelled word with a period added for reasons.
Welcome to the (L.NE) International New Energy Company Channel. This company is dedicated to developing and building power plants that use renewable energy and to promoting the development and upkeep of new energy power.
It seems like a silly mistake to mix up “L” and “I.” Who knows, maybe that was the plan. The people behind L.NE don’t speak English as their first language.
From the above passage, you can see that the “click a button” Ponzi scheme this time is about “renewable energy.”
This is a more general version of the SunSolar and Gollong Solar Ponzi schemes that just went bust.
L.NE means that affiliates are investing in equipment for renewable energy. And daily “clicking a button” creates renewable energy, which has some sort of return on investment.
In reality, all L.NE is doing is reusing money that has already been invested to pay returns.
Peace Ranch is a “click-a-button” app Ponzi scheme that started around the end of 2021.
BehindMLM has found and written about 45 “click a button” app Ponzis so far, including L.NE. Most of them fall down after a few weeks to a few months.
The “click a button” app Ponzi plague is thought to be the work of the same group of Chinese con artists.
The Philippines is the only government that has admitted that “click-a-button Ponzis” exist.
Other fraud alerts have been sent out about specific “click a button” Ponzi schemes, but the sector as a whole has mostly stayed out of the spotlight.