LoanTech Review: 3% perpetual daily return Ponzi

LoanTech provides no verifiable company ownership information on its website.

Supposedly LoanTech was “founded by Chris Wright and his diligent team”.

Beyond Wright’s name appearing on LoanTech’s website and a photo of some guy looking off-camera, Wright doesn’t appear to actually exist.

LoanTech’s website domain (“loantech.top”) was first registered on August 24th, 2019. The private registration was last updated on February 2nd, 2020.

Despite not existing until late 2019 at the earliest, LoanTech falsely represents on its website it has been around since 2013.

In an attempt to appear legitimate, LoanTech provides a link to incorporation details for “Bright Future Loans LTD”.

Bright Future Loans was incorporated in the UK on October 19th, 2019.

Not withstanding whether Bright Future Loans even has anything to do with LoanTech, UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

For the purpose of performing MLM due-diligence, UK incorporation is meaningless.

At the time of publication Alexa ranks Cuba (14%), Egypt (12%) and Venezuela (7%), as the top three sources of traffic to LoanTech’s website.

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.

LoanTech’s Products

LoanTech has no retailable products or services, with affiliates only able to market LoanTech affiliate membership itself.

LoanTech’s Compensation Plan

LoanTech affiliates invest $30 or more on the promise of a 3% perpetual daily return.

Withdrawals are locked for 22 days, after which up to 34% can be withdrawn at a time.

LoanTech pays referral commissions on invested funds down two levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 10% to 15%

level 2 – 2%

Level 1 commission rates vary based on how much a personally recruited affiliate invests:

convince someone to invest $30 to $499 and receive 10%

convince someone to invest $500 to $2999 and receive 12%

convince someone to invest $3000 or more and receive 15%

Recruitment Bonuses

LoanTech rewards affiliates who recruit with the following bonuses:

recruit 50 affiliate investors and receive $100 plus a 3% level 1 referral commission rate increase (13% to 18% on level 1)

recruit 100 affiliate investors and receive $300 plus a 5% level 1 referral commission rate increase (15% to 20% on level 1)

receive another $500 for recruiting another hundred affiliate investors

Joining LoanTech

LoanTech affiliate membership is free.

Full participation in the attached income opportunity however requires a minimum $30 investment.

Conclusion

LoanTech represents external ROI revenue is generated through “high frequency trading bots”.

No evidence of bot revenue is provided, nor is there any evidence of LoanTech paying returns with any other external revenue source.

LoanTech’s business model also fails the Ponzi

🤖 Quick Answer

What is LoanTech and its claimed business model?

What ownership information does LoanTech disclose?
LoanTech provides limited ownership details, attributing its founding to Chris Wright and an unnamed team. Verification of Wright's identity proves difficult, with only a name and photograph appearing on the company website without supporting documentation or verifiable background.

What discrepancies exist regarding LoanTech's incorporation history?
LoanTech claims operational status since 2013, yet its website domain was registered August 24th, 2019. The company references incorporation of "Bright Future Loans LTD," which was officially registered in the UK on

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