Potential New Pyramid Scam in the Philippines - One Lightning Corporation

The Securities and Exchange Commission just came out with a memo saying that it did not issue a secondary license to One Lightning and its affiliates to publicly offer or sell securities or solicit investments from the public.

One Lightning Corporation has been very active in promoting its business with several members showing how much money they got back on their investment.

As with any Multi-Level Marketing company, the first thing to look into if it is legitimate is the business model and how they make money and how you are paid. If you are paid from recruiting people into the business, it's a pyramid scheme.

Here's the business presentation of One Lightning Corporation. Their whole premise is that the reason they can give a big payout is because they share 70% of the profit of the company to distributors.


Here is a presentation by the President of the company Kenji Ito.


Here's a video presentation that explains why they think it's a scam.


Is One Lightning Corporation a scam? From what I heard so far, it looks like it is. Their business model reminds me of the other pyramid scams in the 1990s and 2000s like Multi-Tel, Tibayan Group and G. Cosmos. But, I could be wrong.

While it is enticing to try to make a lot of money quickly, it is also important to make sure you are not just throwing money away. Sometimes, slow and sure is better. Remember, if it's too good to be true, it probably is.