LWE Football carries all proofs of being a scam because, it seems to operate out of rules and regulations set by the government it claims to be licensed and approved by.
LWE football is a reverse betting website that is dependent mainly on match results.
Here are 10 reasons why you should be careful, as you trade with LWE fooball investment platform as they call themselves.
- They are not on the list of trade names and companies licensed by the BCLB to operate in 2022-2023, yet they are providing sports gaming services.
- Once licensed by the Betting Control and Licensing Board, the licence number should be visible to the public on their website, all social media platform as well as advertising materials and images, this is not the case currently.
- Links to Berkshire Hathaway Subsidiary Companies; LWE football does not a appear in the list as claimed. We gone through the list of companies and trade names, they are not listed on the Berkshire Hathaway official website.
- Business location: When you Google their physical or any known location, this information is not available as it should be. This is a also a condition to be met before licensing by the BCLB.
- Contact number, owners and employees: There is no contact that is reachable on demand, no one knows the real faces or names of people who own LWE football or work at the organization.
- Two websites: There are two websites with the name LWE! Which is the real one? While digging deep information about this organization, lwefootball.co.ke was live but along the way, it was not accessible. The current live website is, lwe.cc PLEASE BEWARE!
- Many users on social media have accused them of refusing to release their funds. We’ve checked all social media channels, complaints are flying right, left and centre with no satisfying customer support.
- Established in 2010? It has taken 12 years for LWE football to be known yet companies like Sportpesa, Betika, Odibets, Mozzartbet just to name a few are widely known despite starting a few years ago. Where have they been all this long?
- Un-real returns on investment: Where in the world, can one get free money to give from 3% to 4.5% daily on your investment, without losing? Who can afford to double your investment in less than 30 days in this economy?
- No official Lwe football pay bill number: If you have noticed, all companies that provide same services as LWE football i.e. real money sports gaming, they have a known paybill number for ease of transactions and monitoring to curb money laundering and fraud. This is not available on the platform as expected under the BCLB regulations
Ask yourself, why are they operating yet they have not met the above requirements?
Why are their fans complaining about withdrawals for the last 3 days or more?
Why are they blocking their alleged users on their communication channel on Telegram group and suspending their personal accounts on LWE Football website?
The people behind LWE football MUST come out now! And prove to Kenyans they are not a scam, what they do is not betting!
How to avoid being scammed online
Scammers are witty, smart, and move fast.
They are increasingly using sophisticated methods in their attempts to get your money without breaking a sweat.
Scams take the shape of, operate and look like the real thing.
Before you know it, they catch you off guard when you least expect it happen, and run away with your investment.
Always keep in my mind, easy come easy go, PLEASE STAY ALERT and protect yourself with these few tips:
Even if your best friends tell you something is legit, always carry out your won due diligence.
Check and understand the websites’ privacy policy.
Take all your time in making decisions that involve parting with your hard earned money.
Only do business with companies that you are aware of and not by how ‘professional’ their website looks.
Remember, if a deal sounds too good to be true, it could actually be a scam!
Must Read: List of All Licensed Betting Companies in Kenya 2022-2023