Lay Wealth Review – Bottomless Pit for Your Crypto Wealth

Highly socially responsible platform that utilizes advanced, comprehensive financial planning software to serve traders is how these fraudsters describe their scheme. One look at the unrealistic and shockingly high returns on investments they promise will be enough to convince anyone otherwise, though.

So pay attention to the findings of our investigation and make sure you never invest with non-transparent sites. Read this Lay Wealth review to find out how to restore stolen capital.

Broker status:	Unregulated Investment Firm
Regulated by:	No license
Operating Status:	Active online investment sham
Known Websites:	lay-wealth.io  lay-wealth.co – inactive
Blacklisted as a Scam by:	N/A
Owner:	N/A
Headquarters Country:	Croatia (alleged)
Foundation Year:	2022
Online Trading Platforms:	None
Mobile Trading:	No
Minimum Deposit:	$100
Deposit Bonus:	No
CFD Trading Option:	No
Crypto Asset Trading:	No
Available Trading Instruments:	N/A
Maximum Leverage:	N/A
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	e.g.: Avoid working with this company / Stay away from this Scam / Better to find more reliable company to go with… etc

Illicit and Lying About it

To make their victims believe that Lay Wealth Inc. is registered with one of the leading EEA regulatory bodies, the website showcases a forged incorporation certificate. One quick search through the exhaustive FSMA database shows that no such entity has been regulated by them.

It makes zero sense for a Belgic investment company to be headquartered in Croatia. We inquired with HANFA which also has no info on this scam. Even if they were regulated in Croatia, there’s no chance for the business to be legit and genuine, considering the state of the regulatory framework in that country.

This newly registered scheme doesn’t have a valid license as a financial services provider issued by any regulator, including FCA, CySEC, NFA or CNMV. That means you can’t expect them to offer segregation of funds, compensation plans or negative balance protection.

Attempted to Fake Reputation

The client feedback posted on the website is just deceptive advertising. Lay Wealth reviews found on TrustPilot are few, and all complain about the company using known fraudulent strategies.

At one point, though, the company was flooding the platform with fake ratings as well. This prompted the site admins to remove much of the content.

Fraudulent Scheme Exposed

The Lay Wealth investment firm is virtually unknown on the web, with neither of its websites gaining any significant traction. Additionally, there aren’t any external links that lead back to the site.

This tells us that this self proclaimed investment firm operates as a scam call center. Their boiler room agents constantly pester people by phone and ask for investments, similar to how FinMarketHub works.

Over the phone, these agents introduce themselves as finance experts and promise high passive income and unrealistic ROI. They are always pushy, insistent, and if you don’t want to invest, they quickly switch to threats and insults.

Who Are the Main Targets?

The currently active website, lay-wealth.io, was launched in July 2023. The one that was shut down was older, dating back to 2022. Majority of the scam targets live in these nations:

• Hungary
• United Kingdom
• United States
• Trinidad and Tobago

As you can see, these websites never last longer than a year or two. Take immediate action if you have invested with this firm, or any other fraudsters like BNBPROTRADE – book a consultation with our experts.

Trading Doesn’t Even Happen

Once you register for a new Lay Wealth account, you will gain access to the client dashboard. From there, you can purchase any of the plans, make a deposit or submit your withdrawal request. However, the glorified dynamic wealth management tool is nowhere to be found.

Even if investors didn’t have a chance to trade, every investment firm should provide them with some kind of software to keep them updated on how their capital is allocated.

Specialized in Stealing Crypto

There’s traces of the company mentioning foreign currencies, shares, indices and commodities as available, but without any examples or proof of them being actually there.

Other products mentioned are crypto currencies, which the ghost platform is allegedly adjusted to trade best. However, not even a single example of digital assets is listed, either. Safeguard your digital wealth and don’t hesitate to contact us for help with recovery.

What is There to Purchase?

Short-term Lay Wealth plans sold by these miscreants promise returns of up to 175% in a matter of hours or days. Even if they were some kind of software geniuses to be able to develop such accurate bots, they would never be able to generate this high income. This is what we’re talking about:

• Beginners – 100$, 20% return after 24h
• Pro – 3,000$, 50% return after 48h
• Specialist – 10,000$, 75% return after 72h
• VIP – 50,000$, 100% return after 48h
• Long-term investment – 10,000$, 300% return after 7 days

Everything is Free? Not Likely!

One of the aspects of every firm’s practice is how much they charge for their services. This is extremely important to investors, as it’s sometimes the central point that helps them decide if to invest or not.

These con artists abuse that to claim that the Lay Wealth management services are completely free of charge. It is simply impossible that the firm doesn’t charge anything for their work. Since there’s no legal papers found on the site, there’s probably plenty of hidden costs and charges that step onto the scene when users ask for withdrawal.

Ponzi Scheme Revealed

Through the referral program, new clients are invited by the existing financial hostages. Those that have previously invested are promised rewards for each affiliate they bring into the scheme.

By promoting the company, old victims get new ones to sign up. These bonus incentives are usually not eligible for withdrawals or require insane trading volume requirements.

Unknown Withdrawal Conditions

The only accepted payment channel for this company is cryptocurrency transfer. The firm accepts Bitcoin, Ethereum, and Tether via TRC 20, ERC 20 and BEP 20 blockchains. The absence of traditional methods like bank cards or wires is alarming.

Payouts from the Lay Wealth scam are allegedly handled through the same channels, but there are no actual Terms and Conditions or withdrawal policy documents on the site. As such, the swindlers may invent any reason to deny your withdrawal, or freeze your account once you invest.

Got Scammed? We Can Help You!

Online scams are only getting more and more sophisticated over the years, but so are the methods used to combat fraud.

Our professional team has ample experience and proven recovery strategies. We offer a free first consultation, which you may book at any time using a live chat option on our site.