Lucy.bz Review: Is a Lucy.bz Scam or Genuine?
Are you searching for the Lucy reviews to find out either is a Lucy scam or legit and what is Lucy.bz in real? If so, then you have landed in the right place since here, within our Lucy review, you are going to find out the complete truth about Lucy.bz website so that you will have a clear idea either is a Lucy fraud or trustworthy. So, let’s begin with our Lucy.bz review.
Actually, Lucy.bz is a scam, not a legit investment opportunity. If you want to find out why is a Lucy.bz scam, then you can keep on reading this Lucy.bz review below.
Lucy.bz is a fraudulent website due to the following reasons:-
- Lucy.bz is a Ponzi scheme which means an illegal and unsustainable scheme, so this already makes it a scam.
- Lucy.bz is a Ponzi scheme because there is not any verifiable source of income coming into the Lucy.bz other than the money invested by its affiliates/members. Although it claims it is making a real profit by investing in cryptocurrency trading, in reality, it is not. None of the cryptocurrency experts can guarantee to pay up to 10% profit daily for 25 days on the investment amount from any kind of cryptocurrency trading. On top of that, if Lucy.bz really can generate more than 10% daily profit by investing in cryptocurrency trading, they can use their own money to invest in such trading. There is not any logic behind to collect the investment from several people and pay them 10% profit daily. So, like other Ponzi schemes, the business claim of Lucy.bz doesn’t make any sense and prove itself to be a Ponzi scheme.
- Ponzi schemes like Lucy.bz always pay few members at starting by routing the money between the members, means by paying one member using the money invested by other members. However, they can’t sustain for a long time by paying in that way and they don’t care at all. They just pay few members so that they can gain the trust of people by showing those payment proofs and lure more investment from various people into their scheme. But, when they collect enough amount of money, they will just stop paying and run away with the money of members.
- Since Ponzi scheme only can pay by routing the money between the members, so each time they pay their members, they create a debt equal to the amount of profit that they pay to those members. In that way, the debt will be kept on increasing and ultimately the whole scheme will be collapsed. So, Ponzi schemes never can sustain. This is the reason why legal authorities have issued warnings to the general public to stay away from Ponzi schemes. Actually, it is a crime to involve in a Ponzi scheme.
- Lucy.bz has claimed it is registered from the UK Companies House in the name LUCY ASSET MANAGEMENT LTD, but don’t fall into that trick. In the past, lots of Ponzi schemes have already scammed people who were registered from the UK Companies House. To find out how the scam companies can easily register from the UK Companies House, you can click >HERE<.
Aforementioned, it is clear that Lucy.bz is a fraud website, that’s why we have listed it in our Bad and Scams category.
Never go after these kinds of easy ways to make money online. However, if you can do some work, then you can find plenty of legitimate options to make money online. We have also listed a few legit money-making opportunities which you can find by clicking >HERE<.
If you are looking for a serious way to make money online, then blogging is the best option for that. These days it is very easy to establish your own blogging business. You no need to have any technical knowledge for that. You can simply join the online business training programs like Wealthy Affiliate and follow the step by step video tutorials there to establish your own blogging business. If you are interested, then you can find our detailed Wealthy Affiliate review by clicking >HERE<.
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