Laser Online is a website that claims to be focused on your financial success & promotes the opportunity to earn crazy 12% daily returns on investments.
You’re led to believe that all you need to do is invest with them, let them handle your money & enjoy guaranteed daily profits. But is it actually legit?
Or is Laser Online a scam?
I’ve taken a closer look into it & in this review, I’ll be uncovering the truth.
What Is Laser Online?
Basically Laser Online provide 2 things, an investment opportunity through which you can supposedly see a whopping 12% daily ROI & a business opportunity through which you can earn commissions by recruiting new investors.
I think you’ll agree that promising an ROI of 12% is pretty bold and sadly promises like these are commonly made by scams. Laser Online claim that the money generated comes from investments made in laser-based technology (hence the name) & cryptocurrencies but to be honest I’m pretty sceptical about the whole thing.
In my opinion, at a glance, the whole thing looks a lot like an unsustainable pyramid scheme whereby the old investors are simply getting paid using the money coming into the company from the new investors.
The whole investment in laser-based products & cryptocurrencies sounds an awful lot like an attempt at covering up where the money is really coming from if you ask me because even if you did have solid experience in these fields ultimately the market is volatile & there no way you could guarantee such a high fixed ROI (or even any fixed ROI at all to be honest).
But of course, that’s just my 2 cents – I can’t say for certain because to prove that I would have to see the financial documents of the company which I don’t have access to, but what I can say is that with opportunities like this you should tread very, very carefully.
These high ROI opportunities have a tendency to just shut up shop & vanish without trace leaving the members separated from their investments, or like in the case of The Advert Platform scam (which was formerly MAPS) they just disappear then relaunch again under a different name at a later date to part even more unsuspecting people with their cash.
How Does Laser Online Work?
To be honest, the process is quite simple, you invest money, they “manage it” & then you supposedly see 12% daily returns for a total of 12 business days (Monday to Friday). Then come to the end of the 12 days your money will be automatically reinvested into the company & the same process will occur again.
You’re heavily encouraged to keep your re-investing your profits but this can create a huge problem because then if the company does go bust it will mean that your loss will be much bigger overall.
The reason for the heavy push on re-investing is because if this is indeed a pyramid scheme as a I suspect then the re-investment will ultimately help the creators run the scheme for a longer period of time.
By default your account will actually be set to automatically re-invest the funds so if you do participate in the opportunity (which I strongly advise against) then this is something you should be aware of.
The Laser Online Business Opportunity
On top of being able to make money through investments, you’re also offered the opportunity to make money by recruiting other people to the company which is what initially made me sceptical about the company.
Generally investing & recruiting aren’t 2 things that tie well together as that’s what makes the opportunity look like it could potentially be a pyramid scheme whereby money is passed directly from new investors straight to old investors.
I’m not saying that is the case because as mentioned above I don’t have enough info to confirm that, but I’m just saying that it could be & you should be well informed about that before you invest any money.
Anyway, through the business opportunity you’re able to earn commissions on 3 levels of referrals & the commissions you’ll receive from investments made on each level can be seen below:
- Level 1 (your direct referrals) – 5% commissions on investments
- Level 2 (people referred by your members on level 1) – 2% commissions on investments
- Level 3 (people referred by your members on level 2) – 1% commissions on investments
Basically, to earn money through this opportunity you will need to promote the company & try to get other people to not only invest but then to also go on to promote the company themselves so you can earn from their referrals as well (in typical multi-level marketing fashion).
Essentially whilst it might look lucrative at a glance, in reality, it will take quite a lot of work & unless you have marketing experience you probably won’t make a great deal of cash from this side of the business.
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Is Laser Online a Scam?
To be honest everything about this company is leading me to believe that it’s a pyramid scheme – the returns on investment are just insanely high & don’t seem possible or sustainable. Couple that with the fact that there is a heavy push on recruiting & I think this company is questionable to say the least.
Whilst I can’t say for certain whether it is a pyramid scheme scam or isn’t (since I don’t have access to financial info to see where the main source of money is coming from) one thing I can say for certain is that I won’t be getting involved with it because to me it just doesn’t seem to be legitimate.
Yes you may be able to make money with it, but if the primary source of income being paid out is coming from new investors buying in then the model is unsustainable & it will inevitably collapse parting people with their investments. It’s simply not worth the risk.
At the end of the day there is no such thing as easy money & anything that promises it should be questioned – I think here with Laser Online it comes back to the classic case of “if it sounds too good to be true it probably is”.
If they could prove that the profits raised are genuinely coming from laser-based technology & cryptocurrency investments then I may be able to change my verdict but until that proof is available I’ll be sticking with my decision to not recommend it.
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.
At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.