CryptoLeader.biz Review. Is CryptoLeader Scam or Legit?
CryptoLeader.biz Scam Alert! Yes, Crypto Leader is a scam. It is not difficult to see that CryptoLeader.biz is a scam because the business model of CryptoLeader is completely bogus. Why any company wants to pay 15% daily for 50 days to raise a fund to invest in their project instead of taking a loan from a bank at a much more lower rate, less than 1% monthly. On the other hand, there is no way anyone can make 15% profit by mining cryptocurrencies. Real cloud mining companies like GM can’t offer such high rate of return. If you don’t know what is GM, then you can click this link:- newsonlineincome.com/genesis-mining/
Actually, there are lots of things which prove CryptoLeader is a scam about which we are definitely going to explain below in our Crypto Leader Ltd review here. So, you don’t have to search any other CryptoLeader reviews to find out its truth. But after knowing the fact that Crypto Leader Ltd is a scam if you don’t want to find out more details on it, instead want to find out the genuine and trusted ways to make money online, then you can find those by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
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OK, let’s continue with our Crypto Leader review to find out in detail why is Crypto Leader Ltd a scam and what is Crypto Leader Ltd in real.
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CryptoLeader login and join in link:- CryptoLeader.biz (Not recommended to join, it’s a scam)
What is CryptoLeader.biz in real and why is CryptoLeader a scam?
CryptoLeader is a company following an illegal and unsustainable business known as a Ponzi Pyramid hybrid. Ponzi Pyramid hybrid is a combination of two illegal schemes and those are Ponzi and Pyramid schemes. You can find the details on Ponzi and Pyramid schemes by clicking the respective links as below:-
Ponzi scheme:- newsonlineincome.com/ponzi-scheme/
Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/
Now maybe you are thinking that Crypto Leader Ltd is registered from the UK Companies House, so how can it be illegal, how can CryptoLeader a fraud company. Well, it is not a big deal to register a company in UK Companies House and many scammers in the past have already registered companies from the UK Companies House by providing third person identities and virtual rental address. In order to find out in detail how the companies are registered in the UK Companies House, you can click this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
Other than UK Companies House registration document and the fake address as provided in the UK Companies House registration document, CryptoLeader hasn’t provided any real information about its owner and its company location. Even it has concealed those details within WHOIS. Can you guess why? Of course, it’s because thief never wants to get caught.
CryptoLeader is a Ponzi scheme because it is not making any real profit but only the routing the money between the members in order to show the payment proofs so that it can lure more people into its scam. These kinds of companies only pay few members at starting to grab more people into their scheme. When they collect the huge amount of money, they will just stop paying and run away with a big pile of money. This kind of scheme is called a Ponzi scheme.
CryptoLeader is also a Pyramid scheme because it offers the referral commission up to 2 level downlines but without selling any real products or services, just on the sales of its illegal ROI plans which makes it Pyramid scheme because Pyramid scheme is the scheme where companies offer the referral commission up to multi-level downlines like in MLM companies but without selling any real products or services.
So, Crypto Leader is a combination of two illegal schemes, Ponzi and Pyramid schemes, that is why it is a Ponzi Pyramid hybrid. Legal authorities have already issued lots of warnings to the general public to stay away from these kinds of companies. Involving with these kinds of companies is a crime.
Now, you must be clear either is CryptoLeader.biz a scam or a legit, right? Since it is a Ponzi Pyramid hybrid, so we have listed it within our Bad and Scams category. OK, now your search for Crypto Leader reviews ends here.
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