They claim you’re investing in scooters in Hong Kong that get rented out, and that you make money just by clicking a button once a day—but only through their website. The more people you recruit, the more money you supposedly make. They show off people getting cars and making big money to hook you in, but once you’re in, the payouts slow down fast. Everything runs through their own site, with no real way to verify where the money’s coming from. A bunch of their “offices” are in strange, random spots that don’t make sense for a real business either. They’re always talking about big expansion plans and having tons of US locations—but when you actually look into it, none of it really checks out. Do your research before putting in ANY money, even if it’s a dollar. If it looks too good to be true, it probably is.

This is my experience with LSSC an obvious Ponzi scheme. Initially someone approached my husband who is always ready to make a quick buck. He put his daughter & son in it and he has probably invested $7000. Approximately a week ago he signed me up & didn’t tell me one thing what to do. LSSC has engaged in promotional activities to create a false perception of legitimacy, in order to entice unsuspecting members of the public into investing monies, with the promise of implausibly high guaranteed returns within a short timeframe. It is so obvious that it’s a Ponzi scheme & one couple put their entire savings in this scam. They have two websites you have to visit to do their “training” which was a complete joke and the Professor” was the worst orator I’ve ever heard. Unfortunately some people believe that u can get rich with easy money that doesn’t exist. I will be glad to talk to anyone on phone or through e-mail but I don’t want my name released. I have only been in it for 2 weeks but I was paralegal for 45 years and I saw red flags everywhere. Can u please put them out of business before my husband and other folks don’t lose their life’s savings. The sooner the better before my husband uses our savinga Thank you very much

I invested in LSSC after seeing their claims about earning passive income through electric scooter rentals. Everything looked legit at first, but it's a complete scam. There are no real scooters, no business transparency, and no way to withdraw your money once it's in. They keep changing their website, delay payouts, and push you to recruit others – classic pyramid scheme tactics. I’ve received zero support, and any attempt to get information is ignored. Do not trust this platform. I’ve lost money and peace of mind. Report and avoid!

Poses as investment opportunity for a shared E scooter company:  Description of the Scam: Lightning Shared Scooter Co., Ltd. (LSSC) presents itself as a legitimate scooter rental management platform where users can supposedly earn passive income by “renting” electric scooters via a mobile app. However, there are several red flags and deceptive practices that suggest LSSC is operating as a Ponzi-style scam rather than a real transportation business. The platform requires users to invest funds under the guise of “purchasing scooters” that are then supposedly rented out, generating daily returns. In reality, there is no proof that any scooters are being deployed or used in public locations. The “earnings” users receive appear to be paid from the deposits of newer users rather than actual business revenue. Key warning signs: • No App Store Listing: The platform does not exist on the Apple App Store or Google Play, which is unusual for a global scooter rental business. Users are asked to download the app from a website, similar to the behavior of a known scam called CBEX. • Changing Domains: LSSC has changed its website domain multiple times within a short span, which is a tactic often used by scams to avoid detection or blacklisting. • Emphasis on Recruitment: Users are pressured to invite others in exchange for bonuses. This behavior prioritizes recruitment over actual scooter-related operations, resembling pyramid scheme models. • Lack of Transparency: There is no clear information about the company’s CEO, team, or verifiable address. Legal documents are vague, and no terms of service or privacy policy is publicly accessible. • False Licensing Claims: LSSC claims to be registered in Hong Kong and to hold a U.S. MSB license, but no verifiable documentation has been provided. These claims may be fabricated to create a false sense of legitimacy. • Connection to Previous Scams: LSSC closely resembles CBEX, a platform that used nearly identical investment methods and ultimately collapsed, leaving users unable to withdraw their money. Currently, there are online videos and community discussions emerging that accuse LSSC of being a scam. Early investors may have made small profits, but these payouts appear to be used to maintain trust and bring in more users. As with typical Ponzi schemes, when new investments slow down, the platform will likely collapse, and users will lose their funds.

LSSC presents itself as a Hong Kong-based electric scooter company with a profit-sharing model, claiming users can earn daily passive income by “renting” scooters via their app. However, the entire operation appears to be a scam with no evidence of actual scooter rentals or a real business infrastructure. Users are encouraged to invest thousands of dollars (in my dad’s case, $5,000) and promised daily returns. These returns are only accessible if they continue investing or recruiting others — a hallmark of a Ponzi scheme. The app is not available on official app stores, the company has no verifiable contact information, and its website and domain keep changing (recently from [lssc.vip] to [lsscc.cc]). There are no physical scooters, no customer service, and no legitimate financial transparency. When concerns are raised, participants are gaslighted and told to “trust the process.” The app interface is poorly built, uses stock images, and mimics the structure of previously exposed crypto-based scams. This is not a real business. It is an elaborate recruitment-based investment scam designed to look like a passive income opportunity. I’m reporting this to help prevent others from falling victim — especially older individuals or those unfamiliar with digital investment scams.

LIGHTNING EXCHANGE LTD (CRD# 336375)- they started offering cryptocurrency trading via app promising 2% daily return and 30% withdrawal fee for profit. This company started with offer Lighting exchange Shared Scooter (LSSC) where enrollee recruit new member of 5 under them to become level 1 manager. Also, investment A1-$2180 to rent the scooter for 4 hours daily running through app, then A2- $5000 and so on. If new members unable to recruit new team under then, the upper up or project manager name François and Denny will keep asking them to recruit or kicked them off from running device. The company use telegram, then WhatsApp's to communicate in group before. After too many reports, the company now use BonChat app to community with team. 99% of people joining the business are refugees and immigrants. LSSC has some business registration from Colorado state, doesn't give them right to money games. They are using Crypto wallets such as USDT, Tron, USDC-polygon for withdrawal profit. Transferring crypto to LSSC wallet take less then 5 minutes, but withdrawal the profit you earn took from 48 to 72 hours, sometime in a week with 20% fee charge, on Lighting exchange the fee is 30%., claim to maintain their fee. now they have a new one called Lighting exchange ( LE) LTD which has U.S., Securities and Exhange commission certificate on it. Lighting exchange LTD (CRD# 336375) SEC#802-132813. Early many people call the business but the post office only renting out the business mailbox- suite 600, and they don't know what LSSC, LE are doing. The other claim business phone number is 6463483253, there is not connection at all. Communities are believing that might be a big scam try to target the refugees and immigrants' population. Reporting this to SEC due to business misconduct. Please take it seriously to investigate the company. LSSC website: https://lssc.ltd/statement.html https://lightingscooter.com/ https://www.askme1.com/ Acting Director stated at SEC filling on 04/2025 is MITCHELL-DIGGENS, XAVIER TIRONE

There is a so-called company Lightning Shared Scooter Co. Ltdlssc.ltd claims to be legitimate and shows dubious documentation, but it is nothing more than a Ponzi scheme, which is a pyramid scam where new members are attracted to pay the salaries of existing members. The promotion is done through word of mouth, and meetings were held where stable incomes for three years called static incomes were guaranteed, along with additional commissions for each new member, called dynamic incomes, which were promoted as an additional income to the central business, turn on and operate scooters. Communications are through the Telegram platform, where they have administrators, chat groups, and rules for merits and demerits on the paid fees. The modus operandi is to offer income guarantees through turning on and reporting scooter failures (central business). Withdrawals from the application deducted 20% applied each time to supposedly pay for equipment maintenance. On weekends, equipment rentals are managed by the application administrators, who claim to use these to pay the salaries of higher levels. At first, everything goes well with daily incomes, but after a few days, the administrators start pressuring to bring in new members even when they never mention that new member hire is part of the 3 years guarantee stable income and if you don't invite new people to join the company within a few weeks or days, you are moved to a apart discussion group (docking) where you are informed that you are fired for not attracting new members who pay for the rental of new equipment, a requirement that was never mentioned at the start of the job. Hope this will be helpful for the future and all those scammers/thieves don't go further and deceiving more people. Lighting Shared Scooter Company (LSSC) is a ponzi scheme targeting immigrants with language barriers and others. Members are required to purchase or rent some scooters for $5000, press a button and make $750 a week. They operate in secrecy and use krypto currency for transaction. LSSC is 100% a SCAMM and has to be avoided at all cost. They started with LSSC and later changed to Lighting Exchange, then to LSSB. You must enroll new members otherwise Fransico will terminate you on the Bonchat and you lose everything. At first, your recruiter will not tell you about the recruitment part until you are registered and find out for yourself. They are targeting immigrants, refugee populations, and the general population. Fransico and Denny who has stated themselves as working with the LSSC projects involve many community leaders from Immigrant and refugee populations to recruit. This is robbing Peter to pay Paul. They have no CEO, physical address or phone numbers. The address in Mississippi is staged. They claim they operate from Hong Kong China. Members are encouraged and paid to report snitches and snitches get terminated. They reward members who recruit hundreds of people with Tesla. They will tell you to press a button to make easy money but there's more to that. You find out all the schemes when you are registered by your recruiter. Once you join, you become a slave or you get terminated for insubordination and lose everything. Recruit, recruit, recruit or get terminated. Hard working Americans are losing money in millions and something seriously needs to be done to stop these scammers and warn others before it's too late.

Description of the Scam: Lightning Shared Scooter Co., Ltd. (LSSC) presents itself as a legitimate scooter rental management platform where users can supposedly earn passive income by “renting” electric scooters via a mobile app. However, there are several red flags and deceptive practices that suggest LSSC is operating as a Ponzi-style scam rather than a real transportation business. The platform requires users to invest funds under the guise of “purchasing scooters” that are then supposedly rented out, generating daily returns. In reality, there is no proof that any scooters are being deployed or used in public locations. The “earnings” users receive appear to be paid from the deposits of newer users rather than actual business revenue. Key warning signs: • No App Store Listing: The platform does not exist on the Apple App Store or Google Play, which is unusual for a global scooter rental business. Users are asked to download the app from a website, similar to the behavior of a known scam called CBEX. • Changing Domains: LSSC has changed its website domain multiple times within a short span, which is a tactic often used by scams to avoid detection or blacklisting. • Emphasis on Recruitment: Users are pressured to invite others in exchange for bonuses. This behavior prioritizes recruitment over actual scooter-related operations, resembling pyramid scheme models. • Lack of Transparency: There is no clear information about the company’s CEO, team, or verifiable address. Legal documents are vague, and no terms of service or privacy policy is publicly accessible. • False Licensing Claims: LSSC claims to be registered in Hong Kong and to hold a U.S. MSB license, but no verifiable documentation has been provided. These claims may be fabricated to create a false sense of legitimacy. • Connection to Previous Scams: LSSC closely resembles CBEX, a platform that used nearly identical investment methods and ultimately collapsed, leaving users unable to withdraw their money. Currently, there are online videos and community discussions emerging that accuse LSSC of being a scam. Early investors may have made small profits, but these payouts appear to be used to maintain trust and bring in more users. As with typical Ponzi schemes, when new investments slow down, the platform will likely collapse, and users will lose their funds.