Lucen Cloud (lucencloud.org) calls itself a trading firm that is apparently involved in crypto mining as well. They offer high returns ranging from 2% daily to 10% within 72 hours. The affiliate program peddled by them is also concerning, and everything about them screams “scam”.
As expected, the details of the management are not displayed, and their license details are scarce at best. In reality, they don’t have anything to do with mining or trading. The Ponzi model is way too evident, and they are bound to collapse as soon as they run out of new investors.
If you are curious to know more about these cyber crooks, continue reading, and we will expose all of their agendas.
Regulation and Contact Information
Generally, retail investors should never take chances with unregulated platforms as the risk always outweighs the rewards to a great extent. Unregulated entities often use lucrative features to attract the crowd.
However, they can’t guarantee the safety of funds and as such, it should be avoided like the plague. Lucen Cloud showcases a UK address. Onthe FTC, there are no details about them. In other words, they are not authorized to collect money from people for investments.
If something goes south on their end, they are not answerable to anyone, and they can and will flee with the money. We do understand that making money through trading or mining sounds like a dream come true. Nonetheless, this platform sells nothing more than empty promises and that is exactly why you should not trust them.
Lucen Cloud Operations
As the crooks running this platform were claiming such high returns, we were curious to know about their side of the story. More particularly revolving around what they do with the funds? After going through all the information on their site, it is clear that they don’t have sound logic and they are clearly bluffing.
Trading and mining are apparently their sources of income. However, information about the specifics is lacking, and that is a red flag. If they really did get the astronomical returns they advertise, they would be the richest people to ever exist.
Obviously, the claims they make are false which is why they are on the internet trying to find more victims to loot.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
Investment Returns
There are 3 investment plans offered by them. Returns range from 2% daily to 10% within 72 hours. If there were an ounce of truth to their statement, then they would be the best trading firm to ever exist.
Sadly, we know that they are bluffing, and anyone who proceeds with them will lose money sooner or later. Making money in the markets is hard and requires meticulous calculation and patience.
Moreover, one should have realistic expectations. Otherwise, it will never end well, and the chances of losing the entire investment are high.
Lucen Cloud User Testimonials
Lucen Cloud features a few testimonials on its website. Just like the other HYIP programs, they are all fake. Scammers behind this platform have used stock photos and manipulative narratives to convince potential investors.
Also, the testimonials showcased by them are all overly positive which should make any rational person move cautiously. After all, if they are that good, why wouldn’t they trade for themselves and make a fortune in the process?
Real User Report on BBB Scam Tracker
In addition to our own investigation, Lucen Cloud has also been reported on the Better Business Bureau’s (BBB) Scam Tracker. A victim from Washington, DC shared their experience, claiming that after investing with Lucen Cloud, they were unable to withdraw their funds unless they kept paying additional amounts.
“I invested my money then at the time of withdrawing they keep telling me to add more money to process withdraw. After I add, they higher the amount.”
This user ultimately lost $500, and the scammers kept demanding more under the pretense of processing fees. This is a classic tactic used by Ponzi schemes and fraudulent platforms to milk victims for more cash after the initial investment.
The report also lists lucencloud@fargofx.ltd as the scammer’s contact email and (628) 314-4190 as a related phone number — further proof that Lucen Cloud operates through multiple shady channels to maintain the illusion of legitimacy.
Is Lucen Cloud a Scam or Legit?
We can confidently say that Lucen Cloud is a scam. They do not have any relationship with the markets or the crypto mining sector. The entire thing is a hoax that will only benefit the creators. If you have made any investments, then quickly withdraw them.
Going forward, be aware of the companies you want to deal with, and if they are not regulated, then it is better to walk away. The government does care about the retail investors.
However, unless we also cooperate by staying educated and doing our due diligence, scams will be on the rise.
Conclusion
High yield investment plans are always a scam. Though these types of schemes may pay for some time, they will run out of steam and only the people at the top of the chain will walk away with profits.
In the US and UK, it is illegal to run this kind of operation and law enforcement agencies will tackle them in due time. In case you have already lost money to them, do not panic.
Report them to the local authorities and get in touch with us to learn more about the next steps.
If you have invested with Lucen Cloud and are not able to access your funds, comment below.
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