Lucent Trader provides no credible company ownership or executive information on its website.
Supposedly, Lucent Trader is headed up by Chairman James Brent Craig;
James Brent Craig is Chairman and Executive Director of Lucent Trader, a Commodity analyst and forex trader with over 16 years experience in the Financial industry.
He has been trading since 2005 within which he developed a proven strategy and has been able to teach his strategy to other successful traders with consistent results.
James is a family man from Miami, Florida, USA, loves to travel and engage in meeting clients.
Not surprisingly, Craig doesn’t exist outside of Lucent Trader’s marketing. This makes him a prime Boris CEO candidate.
What I believe whoever is actually behind Lucent Trader has done, is misappropriated the identify of an actual James Brent Craig.
The actual Craig is based out of Florida and is
registered with FINRA
. Lucent Trade’s fictional Craig biography appears loosely based on the actual Craig’s FINRA record.
The man on Lucent Trader’s website appears to be of middle-eastern or Indian heritage.
Public records
confirm the actual James Brent Craig in Florida is “white, not Hispanic”.
Regardless of where he’s actually from, the man representing Craig on Lucent Trader’s website is clearly not “white, not Hispanic”.
This isn’t the first time scammers have
misappropriated the identity of a FINRA registered broker
.
Lucent Trader’s website domain (“lucentrader.com”), was first registered in March 2021. The private registration was last updated on March 14th, 2022.
Despite being around for just over a year at best, Lucent Trader falsely represents it was established in 2014.
In an attempt to appear legitimate, Lucent Trader provides a corporate address in the UK on its website. For the purpose of MLM due-diligence, this is meaningless.
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.
Lucent Trader’s Products
Lucent Trader has no retailable products or services.
Affiliates are only able to market Lucent Trader affiliate membership itself.
Lucent Trader’s Compensation Plan
Lucent Trader affiliates invest funds on the promise of advertised returns:
Cradle Incorporation – invest $300 to $50,000,000 and receive 1% a day for 3 years
CBD – invest $5000 to $5,000,000 and receive 4.25% a week for 52 weeks
Cryptocurrency Mining – invest $5000 to $5,000,000 and receive 7% a week for 52 weeks
Forex Fund – invest $10,000 to $5,000,000 and receive 7.5% a week for 52 weeks
Cryptocurrency Trading – invest $20,000 to $20,000,000 and receive 8.75% a week for 52 weeks
Real Estate Program – invest $50,000 to $50,000,000 and receive 10% a week for 52 weeks
Oil and Gas Partnership – invest $50,000 to $50,000,000 and receive 20% a week for 52 weeks
Note there is some overlap in Lucent Trader’s provided investment plans.
Also note that Lucent Trader charges a
🤖 Quick Answer
What is Lucent Trader and its claimed business model?Lucent Trader presents itself as a financial trading platform, allegedly headed by Chairman James Brent Craig. The company claims to offer commodity analysis and forex trading services, promising consistent returns through proprietary trading strategies developed over 16 years of industry experience.
What are the red flags concerning Lucent Trader's legitimacy?
Lucent Trader lacks verifiable company ownership information and executive credentials. Chairman James Brent Craig cannot be independently verified outside the company's marketing materials, suggesting a fabricated identity commonly associated with fraudulent schemes and Ponzi operations.
What investment returns does Lucent Trader promise?
Lucent Trader allegedly guarantees approximately 20% weekly returns on investments. Such consistently high returns without corresponding risk disclosure are characteristic of fraudulent investment schemes designed to attract capital from unsuspecting investors.
**What is the suspected
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