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A branch of the WeWe Global Ponzi scam is LyoFI.

The domain name “lyofi.com” for LyoFI’s website was privately registered on July 30, 2021.

In October 2021, WeWe Global disclosed the following business as a collaboration with itself:

The following details may be found in the website’s footer:

BRN: 2073860 Skeleton Bay Lot, Tortola, BVI, DIGIFI GROUP LTD

Scammers exclusively utilize the BVI since it is a scam-friendly country to set up shell corporations. Any MLM organization claiming connections to the BVI raises a red flag throughout the due diligence process.

The BVI shell business WeWe Global claims to be owned by, DigiTech Services LTD, which is referred to as “Digifi Group LTD,” a derivation of that name.

At the time of publishing, the UAE and Italy are responsible for running WeWe Global’s official Facebook page.

Dubai will always remain WeWe Global’s conduit to the United Arab Emirates.

The world’s MLM crime capital in Dubai. Any MLM business that has connections to Dubai, like the BVI, is certain to be there due to its dubious business strategy.

WeWe Global looks to be actively advertised in Italy right now. At the time of writing, SimilarWeb lists Italy (62 percent), Greece (12 percent), and Turkey as the top three traffic sources to WeWe Global’s website (8 percent ).

Luiz Goes is the sole executive who has so far made an appearance at WeWe Global (also spelled Luiz Gomez).

Luiz is the CEO of today. Founded in 2020, LyoPay is a cryptocurrency exchange.

Luiz portrays himself as a citizen of Brazil. His LinkedIn page displays the typical list of unsuccessful crypto bro ideas that date back to 2019.

Up until very recently, LyoPay was nonexistent:

This occurs at the same time as WeWe Global’s hiring will increase in 2022.

The Ponzi scam started a new 900-day daily returns Ponzi scheme with WeWe Global’s LyoFI offering.

The collaboration between WEWE Global and LYOFi offers its consumers a cutting-edge method for creating tokens called cloud minting.

The typical staking fraud is being carried out using the LYOCREDIT token (LYO).

The initial Ponzi scheme used by WeWe Global was the same con but using WEWEX tokens.

The WEWEX Ponzi scheme by WeWe Global seems to have lost steam (read: collapsed).

WeWe Global solicits investments into LYO using the bitcoin and ethereum counterparts of the euro.

Ten investment plans, ranging from 100 to 100,000 EUR, are available.

According to WeWe Global, investing LYO in LyoFI will yield a 300 percent return over 900 days.

WeWe Global’s MLM component appears to have remained unaltered from BehindMLM’s initial evaluation, which was released in July 2021.

LyoFI Affiliates convert the LYO that Ponzi withdrawals are paid into bitcoin.

The Cloud Minting Program is a service to rent the hardware to mint LYOCREDIT tokens that are provided in cooperation with LYOFi. LYO can be kept or exchanged for bitcoin.

As a Ponzi scheme, WeWe Global and LyoFI, this will continue till the invested cash run out.

Keep in mind that arithmetic ensures that most investors in Ponzi schemes lose money. Naturally, WeWe Global and LyoFI will show how much money you are earning from LYO token daily return payments.

That’s another matter when you want to exchange it for bitcoin. It will function till it stops (no more money to steal).

It seems WeWe Global’s initial WEWEX Ponzi crashed somewhere in late 2021, if we take a step back to make sense of this. With fresh activity via LyoFI, they might be able to keep it afloat.

Before partnering with WeWe Global, LyoPay was a doomed or dying cryptocurrency exchange.

Through LyoPay, Luiz Goes is operating his Ponzi scheme, offering investors an annual return of 60%.

This is possible because of the one-button creation of LYO tokens by Goes.

Again, for investors, the challenge is turning LYO into something that can be sold. Till it stops, it will function.

Looking more closely at the commercial partnership between LyoPay and WeWe Global, it appears to be an adaptation of the white label Ponzi factory service that Goes provides:

Travel reservations were one aspect of today’s white-label Ponzi offering that drew my attention:

WeWe Global’s original Ponzi, “Travel4You,” still exists at “travel4you.io,” and combined travel reservations with it.

However, there is little traffic to the website since people aren’t investing in WeWe Global for travel deals; instead, they are doing so for the Ponzi scam.

I believe that LyoPay was where WeWe Global’s initial Ponzi scam was set up. We now return to Luiz Goes.

Why does Luiz Goes provide in-depth WeWe Global marketing presentations if, as claimed, the company just has a white label arrangement with LyoPay?

Going is

controls the platform that WeWe Global currently appears to use as its Ponzi scheme is based in Dubai and promotes WeWe Global.

We haven’t seen a single WeWe Global executive in more than a year, which supports Goes running the company.

Additionally, LyoPay is registered as a UK shell business called DigiLYO App LTD. Another red signal is the UK shell company, but what matters, in this case, is the name scheme of DigiLYO App LTD.

To date,

LyoFI – DigiFi Group LTD; WeWe Global – DigiTech Services LTD; and LyoPay – DigiLYO App LTD.

It appears that Goes made a mistake while calling his shell firm “Digi-X.”

In terms of timing, The website for WeWe Global was set up seven months before LyoPay. However, the social media pages for both businesses were created in August 2020, making their launches almost concurrent.

I think LyoPay’s independent exchange was a direct competitor of the internal exchange WeWe Global used when it first began. Through LyoFI, LyoPay has now been effectively integrated.

Goes has previously shown that he manages several exchanges using LyoTrade.

I can’t say for sure that Goes is running WeWe Global, but I also can’t say I’m not not. Currently, all evidence points to Goes being responsible for WeWe Global and LyoFI.

Regardless matter who is operating an MLM Ponzi scam, the result is always the same:

The vast majority of investors lose money to well-known promoters and active crooks.

Jose Gordo, who is said to be located in Spain, has been frantically attempting to launch WeWe Global throughout South America.

In the MLM sector, Gordo is most known for being a top net-winner in the infamous OneCoin Ponzi scam.

Gordo was charged with criminal fraud in Argentina in late 2020 about OneCoin. He is still wanted for fleeing.

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