Liyeplimal operates in the MLM cryptocurrency niche and operates out of Douala, Cameroon.
Despite the business's website domain being registered in February 2018, Liyeplimal claims it absolutely was “created in 2017&rdquo ;.
Heading up Liyeplimal is Simb Emile Parfait, cited as CEO and founder of Global Investment Trading.
Liyeplimal's website footer states it is just a Global Investment Trading product.
BeOnPush and MGlobally were Ponzi schemes. Game Loot Network combined pyramid recruitment with securities fraud.
At the time of publication Alexa cites Cameroon (65%), Canada (16%) and Bangladesh (12%) as top sourced elements of traffic to Liyeplimal's website.
Read on for a full report on Liyeplimal's MLM opportunity.
What Is Liyeplimal?
Liyeplimal is just a Cameroon-based investment platform that is targeted on cryptocurrency. In accordance with its website, the founder is Mr. Simb Emile Parfait, who's also the founder of Global Crypto Currencies Trading.
There's hardly any information on the founder, but he apparently has an active Instagram account. Ahead of Liyelipmal, Mr. Simb was involved with promoting other Ponzi programs. This brings the legitimacy of Liyeplimal into question.
Liyeplimal's Products
Liyeplimal does not have any retailable products or services, with affiliates only able to market Liyeplimal affiliate membership itself.
How Do You Make Money With Liyeplimal?
You should buy any one of its investment packages and hope that you'll gain something at the conclusion of 52 weeks.
Or, you could take part in Liyeplimal's MLM program, which is what it's all about.
You earn by recruiting new investors to its packages. You'll enjoy 6% of residual commission on tier 1 from the sum invested.
If you've invested at the least $1,800 and your downlines have generated $6,000, you will be earning additional commissions from tier 2 to tier 5 of your referrals.
Bottom line is, earning profits with Liyeplimal is focused on aggressive recruitment, simply for the sake of recruitment itself.
Verdict: Liyeplimal Is A Ponzi Scam
Call it anything you want, however for me, Liyeplimal is an overall Ponzi scam. There's no evidence that the business is involved with real crypto trading. Besides, no legit investment platform would guarantee a confident return.
You will find members letting you know that it's not a con because they're seeing positive earnings on the accounts. From my experience, these members would soon be crying foul when the program suddenly collapses.
My advise? Avoid Liyeplimal. It's quite just like how similar Ponzi like My Micro Profits and Trust Investing operate.
If you intend to invest, I'll suggest getting on eToro. It's legit, regulated and that you do not need $200 to start.
Or you can start an on the web business like what I did so, and make a consistent passive income each month.
