Leniex, found online at Leniex.com, claims to be a community of professional traders who want to send free trading signals to members. Find out how it works today in our review.
What is Leniex?
Leniex is a bitcoin investment scheme that promises to pay you enormous ROIs by investing in cryptocurrencies today.
At first glance, the website may seem to be a legitimate enterprise backed by professional traders. However, you’ll quickly spot a few red flags.
The biggest red flag is that the company claims to “predict events with an accuracy of 80-100%”. Obviously, even the best market analysts can’t consistently predict the future. It’s ludicrous for a bitcoin investment analysis company to advertise accuracy rates of up to 100%.
Another red flag is that Leniex promises to pay you 0.5% to 0.8% returns on your investment. Returns like this are virtually impossible to guarantee in any industry – particularly one like cryptocurrency. There are no investments that will pay you a guaranteed 500% ROI every year.
We’re not off to a good start with Leniex. However, let’s take a closer look at how the company works to determine whether it’s a scam or a legitimate investment opportunity.
How Does Leniex Work?
Leniex provides free trading signals. They also have several different investment packages.
Leniex doesn’t explain any of its investment strategies. They don’t mention anything about their investments or how they work. Instead, you just give a bunch of money to the company, and they’ll magically start paying you returns of 400 to 500% per year – which is better than any other guaranteed investment you’ll ever find.
It doesn’t take much research before you realize how Leniex works: Leniex is a high yield investment program (HYIP), a pyramid scheme, or a Ponzi scheme. You pay a fee to join the company. The company continues recruiting new members. The fees from new members support the ROIs of old members, while money is consistently getting funneled to the top of the pyramid.
Eventually, schemes like Leniex will collapse and leave everyone but the highest levels of investors at a loss.
We can find no evidence to suggest that Leniex is a legitimate investment opportunity, or that the company invests in any tangible assets. Based on everything we can see online, Leniex.com is a blatant scam – and it’s not even good at hiding the fact that it’s a scam.
Leniex “Investment Packages”
Leniex advertises all of the following investment packages on its official website:
- Personal (0.5% ROI Per Day): $50 to $290 membership fee
- Business (0.55% ROI Per Day): $300 to $990
- Executive (0.6% ROI Per Day): $1000 to $2990
- Premium (0.65% ROI Per Day): $3000 to $4990
- Luxury (0.7% ROI Per Day): $5000 to $9990
- Infinity (0.8% ROI Per Day): $10,000 to $25,000
Who’s Behind Leniex?
Typically, companies like Leniex will refuse to disclose any information about themselves online. These companies know they’re operating an illegal investment scheme, and they want to avoid any repercussions in the future.
Leniex lists an address in New York City as its headquarters (85 Broad Street, 16th Floor). We can find no evidence to suggest that Leniex is genuinely located at that address. Aside from that, we just have a single email address: [email protected]
The Leniex website posts a corporation registration document. However, anyone can file a corporation in a few minutes online (it costs $125 in New York). The corporation is registered to a man named Philip Blake. The incorporation document doesn’t verify the company as an investment firm – which means they’re not legally allowed to sell investments.
Ultimately, when someone is asking you to pay hundreds of dollars online, but refuses to disclose any information about themselves, that’s a sure sign you’re being scammed.
Conclusion: Is Leniex a Scam?
Leniex is absolutely a scam. The company has created some type of Ponzi scheme or high yield investment program (HYIP). Leniex aims to attract investors with promises of massive ROIs. They claim to pay investors 0.5% to 0.8% every day, guaranteed – despite the fact that Leniex doesn’t appear to have any products or investments of its own.
Ultimately, pyramid schemes like this all work in a similar way: users pay a membership fee to join. The scheme is supported by new members, while old members get paid. Eventually, no new members are recruited, the old members can’t get paid, and the entire scheme collapses. Everyone except the highest levels of the pyramid will lose money.
Don’t fall for scams like Leniex. Although the company appears to be somewhat legitimate (it has a legitimate New York registration number), it’s yet another bitcoin investment scam designed to steal your money.