LAM fails to provide ownership or executive information on its website.

LAM’s website domain (“cocaqq.com”), was first registered in 2018. The private registration was last updated on October 26th, 2021.

Through the Wayback Machine, we can see LAM’s website domain was used to illegally sell gambling to Indonesians up until April 2023.

LAM’s current website and MLM opportunity went live sometime in late April.

If I had to guess, LAM’s current website owners purchased the domain towards the end of April 2023. The domain registration hasn’t been updated, which might be intentional.

It we look at LAM’s website support source-code, we find it’s run on Meiqia software.

Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running LAM has ties to China.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

LAM’s Products

LAM has no retailable products or services.

Affiliates are only able to market LAM affiliate membership itself.

LAM’s Compensation Plan

LAM affiliates invest Pakistani rupees (PKR).

This is done the promise of advertised returns:

  • Assistant – invest 4000 PKR and receive up to 160 PKR a day
  • Staff – invest 15,000 PKR and receive up to 600 PKR a day
  • Tutor – invest 50,000 PKR and receive up to 2000 PKR a day
  • Manager – invest 150,000 PKR and receive up to 6000 PKR a day
  • Director – invest 500,000 PKR and receive up to 20,000 PKR a day
  • General Manager – invest 1,500,000 PKR and receive up to 60,000 PKR a day
  • CEO – invest 4,000,000 PKR and receive up to 160,000 PKR a day
  • Chairman – invest 8,000,000 PKR and receive 2,400,000 PKR a week

Note that LAM restricts withdrawals based on how much an affiliate has invested:

  • Assistant tier affiliates can withdraw 1200 PKR or more
  • Staff tier affiliates can withdraw 5400 PKR or more
  • Tutor tier affiliates can withdraw 20,000 PKR or more
  • Manager tier affiliates can withdraw 80,000 PKR or more
  • Director tier affiliates can withdraw 300,000 PKR or more

The MLM side of LAM pays on recruitment of affiliate investors.

Referral Commissions

LAM pays referral commissions on invested PKR down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%
  • level 3 – 3%

Note that lower tier affiliates do not receive level 2 and 3 commissions on investments by higher tier affiliates.

E.g. if you’ve invested at the Manager tier and someone invests at the Director tier on your level 2 or 3, you won’t earn a referral commission on their invested PKR.

ROI Match

LAM pays a ROI Match on daily returns paid down three levels of recruitment (same unilevel team as referral commissions):

  • level 1 – 5% match
  • level 2 – 2% match
  • level 3 – 1% match

Note that LAM affiliates who invest at the Chairman tier also receive an additional 10% on downline daily returns.

Joining LAM

LAM affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 4000 PKR investment.

LAM solicits investment through bogus OnePay accounts:

These bogus accounts allow LAM to launder investor funds through Pakistani payment processors like EasyPaisa.

LAM Conclusion

LAM is yet another “click a button” app Ponzi scheme.

LAM’s “click a button” Ponzi ruse is social media manipulation:

The presented ruse is LAM affiliates are required to leave artificial likes and comments on social media content (YouTube, FaceBook, Tik Tok, Instagram etc.).

Upon doing so they go back into LAM’s app and click a button. The more a LAM affiliate invests the more buttons they have to click.

Something something revenue, which is purportedly then shared with investors.

If that makes no sense it’s because it doesn’t. Clicking a button in an app has nothing to do with revenue generation via social media manipulation.

In reality clicking a button inside LAM does nothing. All LAM is doing is recycling newly invested funds to pay earlier investors.

LAM is part of a group of “click a button” app Ponzis that emerged in late 2021.

Examples of already collapsed “click a button” app Ponzis using the same social media include FocuStar, GoTik and AOL918.

Including LAM, BehindMLM has thus far documented seventy-seven “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.