Review by Grandad on WEWE Global

  • March 8, 2023
  • By

WEWE Global has a Ponzi pyramid scam warning issued against it by the New Zealand government:

https://www.fma.govt.nz/library/unregistered-businesses/wewe-global-and-lyopay/

It is a Ponzi pyramid scheme because it uses new investors' funds to pay commissions to existing members. It has no legal product that produces money. Its website claims that it is licensed in all the countries where it operates, but no evidence is given. The companies it says are registered are all shell companies with no real operations.

WEWE Global is a re-brand of LIC World that promoted Liracoin. Diego Endrizzi used to promote LIC and now he promotes WEWE Global.

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