Lara With Me Review: Telegram-based Russian Ponzi community
There is no information on the Lara With Me website indicating who owns or runs the business.
The Lara With Me website domain (“larawith.me”) was registered on the 2nd of June 2016, however the domain registration is set to private.
A promotional video on the Lara With Me website is in the Russian language, strongly suggesting the Lara With Me admin is based out of Russia.
This is supported by Alexa estimating that 53.9% of traffic to the Lara With Me website originates out of Russia. Russia’s neighbor, Ukraine, is the second-largest source of traffic at 10%.
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.
The Lara With Me Product Line
Lara With Me has no retailable products or services, with affiliates only able to market Lara With Me affiliate membership itself.
The Lara With Me Compensation Plan
The Lara With Me compensation plan sees affiliates invest $10, $50, $100, $250, $500, $1000, $2000, $3000, $5000, $10,000, $15,000 or $20,000 on the promise of an advertised infinite 3% daily ROI.
Referral commissions on funds invested by recruited affiliates are paid both directly and residually.
Lara With Me affiliates earn a 10% direct referral commission.
Residual referral commissions are paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Lara With Me pay affiliates a 1% commission on funds invested by recruited affiliates in their unilevel team.
Joining Lara With Me
Affiliate membership with Lara With Me is tied to a $10 to $50,000 investment.
Lara – is an interactive robot, which is able to work with your money and pay you 3% of net profit daily. Your investment is active lifetime.
The problem with the ruse of AI that generates 3% daily, is that if the owners of Lara With Me actually had such a thing, they wouldn’t be operating a shady investment scheme.
Withdraw a token amount from a bank, set the AI to work and within a few years retire as the richest person on the planet.
Yet here they are, offering a shady investment scheme through Telegram.
Telegram itself is a legitimate messaging app that has nothing to do with Lara With Me.
Telegram claims to be “faster and way more secure” than other messaging apps, and is ad-free and cloud-based.
Our API is open, and we welcome developers to create their own Telegram apps.
We also have a Bot API, a platform for developers that allows anyone to easily build specialized tools for Telegram.
That “Bot API” is what Lara With Me have plugged into. In reality, it’s just fancy talk for a script that verifies affiliate investment via bitcoin. That’s it.
Bots on Telegram are publicly available. If you find bots on Telegram that you think are illegal, please ping us at email@example.com.
If Telegram investigate and shut down Lara With Me’s API access, the scheme instantly collapses.
In an attempt to come up with a legitimate explanation of where Lara With Me’s 3% a day ROIs come from, the owner(s) are feeding affiliates all sorts of nonsense.
LARA system invests investors’ money in carefully selected start-up projects with high income.
Carefully analyzing and selecting the best, long-term investment projects on the internet, managing the investor’s trust funds, LARA is able to generate passive income indefinitely.
High-yield online projects have always existed in a large number. Systems can be quite different: offering a small percentage and paying dividends for years, or the rapid and big projects, capable of bringing extremely high dividends of the initial investment in the short term.
The industry in which we operate for more than one year, and which by right can be considered one of the most profitable areas on the Internet, not excluding the risk of loss of funds for sure, is called “HYIP market.”
The majority of projects in this market, in whole or partially operate on the principle of a pyramid scheme.
This is a venturous zone in which the users are well aware of all the risks and the danger of loss of funds, but nevertheless invest huge sum of money (compared to the typical online casino) and manage to build strategies successfully “winning” from the project administrators, or other members of the project.
This sector is especially developed in the CIS countries and Russia. Probably it is the evolved legacy of the well known three letters MMM …
The basis of LARA portfolio is composed of just the projects of this type.
Lara With Me’s admins would have you believe they’re investing funds in similar schemes, which enables them to pay out a 3% a day ROI.
As if a scam investing in scams wasn’t bad enough, get a load of this bullet-proof logic:
How actually does LARA provide 3% daily?
Let’s start with the fact that the system is not obliged to return the deposit, that is, namely the initial party investment.
“Hay guys, we’re totally sustainable because we initially pay you less. Math? Lolwut math?”
For what it’s worth, invest over $2000 and Lara With Me claim they’ll show you exactly what Ponzi schemes they’re investing your money in.
Demonstration of LARA’s investment portfolio is available only to users of the system, with a total volume of commitments no less then $ 2,000 (two thousand US dollars), and the profile should be registered for at least 30 days.
These measures are implemented to preserve the confidentiality of the instruments of capital increase, as well as to ensure the safety of members’ deposits.
Considering Lara With Me is fraud built on investing in more fraud, don’t expect too much transparency though.
As with all Ponzi schemes, once newly invested funds dries up Lara With Me will be unable to meet its 3% a day ROI obligations.
When that happens the scheme will have collapsed and the owner(s) will do a runner.
The use of bitcoin to management funds invested with Lara With Me makes victim fund recovery next to impossible.