Laser Online is an American company promised a whooping 12% daily return on Investment for 12 days, that is 144% in just weeks. Is that possible or is this just another scam?
I am going to drop a review now based on my personal findings about Laser Online in responding to some questions and concern of some netpreneurs and leaders.
Is Laser Online Legal?
From the record available on the website and State Of Delaware website, Laser Online is a legal organization with physical address and real people.
Laser Online provide the following information on their website:
FINANCE HEAD: Agnes Lo
PHONE: +13606634325 (8:30 AM - 6:00 PM)
E-MAIL: support@laser.online
ADDRESS: 801 N King St, Wilmington, Delaware 19801
COMPANY: LASER ONLINE LLC. 6192199
The company can equally be verified on State of Delaware Division of Corporations Website by using their registered name and file number to find them.
When it come to legality, Laser Online is.
Is Laser Online not an HYIP?
HYIP stand for High Yielding Investment Program, obviously most HYIP platforms are scams, they will run away with your money when you least expected it, most of hyips don't last up to 90 days. However, some are genuine, they pay and they stay around for long.A lot of factors are responsible for crashing of some HYIPs which include but not limited to: websites security, greediness on the side of admins, government policy (most especially on tax evasion), hacking, and traffic.
12% daily profitTechnically a closer look at Laser Online plan will reveal that the promise of 12% daily on Investment is not all that a big deal. Why did I say so: technically Laser Online pay just 3.6% on your capital not 12%. This is what I mean. if you invested $100 12% is $12 then in 12 days that will be 144% and at expiration of the contract (after 12 working days) you only receive $144 which means your actual profit mathematically is 44% that is $44 = $100+$44 (44%) = $144. that will bring it to 3.66% daily. But why did Laser Online advertise 144% instead of 44%, is that not a deceit? No, it's a marketing strategies always implore by portfolio managers to woo investors using the highest number, they actually pay 144% but with your capital inclusive. Most of the Investment programs does the same only that they don't pay much like Laser Online.
Even with above technical analysis, is 3.6% daily profit not too much? If Laser Online actually invest your money in Cryptocurrency, 3.6% is what an amateur crypto trader will conveniently make in a day, a professional crypto-trader can make up to 30% in a day. So there is every tendencies that Laser Online will be making more profit that what they are paying out to their investors, which make investing with them very healthy. An another thing we need to look at is they collect exact figures in cryptocurency and pay in exact dollar to cryptocurrency. I don't know if you understand this my last statement?
Let me explain: Assuming you wanted to invest $5000 today and the amount is 1 Bitcoin, you will pay in 1 Bitcoin, as you may know value of Bitcoin is not stable at any moment, is ever changing. after 12 days Bitcoin might have gained like 5% or more, however Laser Online will only pay you $7,200 even though the value of Bitcoin might have been in the range of 1BTC to $6000... Do you understand? so they are actually making additional $1000 profit form your investment.
Enough of HYIP, lets talk about another question.
Is Laser Online a Ponzi Scheme?
According to Wikipedia: "A Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.
Companies that engage in Ponzi schemes focus all of their energy into attracting new clients to make investments. Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. When this flow runs out, the scheme falls apart."
As we can see from the above definition, Laser Online does not fall into Ponzi Scheme for two reason, 1. They claimed to invest in laser based product distributions, IPOs and Cryptocurrencies. So the return they pay is part of the profit thay make from those trading. 2. Even if new affliates did not join, they will still afford to continue to pay becuase they engage in trading.
Another reason, which make me doubt if Laser Online will engage in Ponzi Scheme is the Law of United States of America, which make Ponzi scheme a punishable offence with a lengthy prison sentences. Most websites that engage in Ponzi, usually conceal the identity of the people behind it. The people behind Laser Online has been into profitable business for a long period, and the logical question is why will they risk going to prison because of making additional income? By my standard they are already a very successful company. The Laser Online team publicly reveal their identity, and their office.
Is Laser Online not a pyramid scheme?
Let's go back to Wikipedia: "A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal."
As you can see, pyramid schemes look very similar to ponzi schemes only that in pyramid scheme, its only people at the top that make the money while the majority of the people in bottom (downlines) only labor for them, and live in penury. Pyramid scheme is "monkey is working, baboon is eating" stuff. However, in Laser Online your investment is what primarily generate income for you, recruiting is not even a requirement is an option.
So what is your conclusion, is Laser Online a HYIP, Ponzi Or Pryamid Scheme? Or do you think it is a genuine business?
Thank you for reading!
To your online success.
MacAyub
Note: Even 90% of genuine businesses fail in their first 3 years, due to a lot of reasons. Therefore caution should be exercised when it come to investing into other peoples business. The fact that a business is genuine does not mean it can fall or fail.
You can learn more about Laser Online from their official website here