Avlitex Review

Is Avlitex Legit?

No, Avlitex is not legitimate. It’s a cryptocurrency Ponzi scheme with a fake CEO, impossible return promises (up to 4.9% daily), and official warnings from Canadian regulators.

The platform recently switched from avlitex.com to avlitex-global.com (created only 96 days ago) to evade detection.

What is Avlitex?

Avlitex presents itself as a cryptocurrency investment platform offering:

• Bitcoin and cryptocurrency mining services
• Automated crypto trading bots
• Staking programs with “guaranteed” daily returns
• Multi-level marketing (MLM) recruitment bonuses

The company claims to be based in Toronto, Canada, at 151 Yonge Street – but this is just a Regus virtual office address with no actual physical presence.

Avlitex CEO Raymond Norbury: Real or Fake?

Raymond Norbury is fake. Investigation reveals:

• No digital footprint outside Avlitex’s website
• The “CEO” in promotional videos is an actor with an Eastern European accent
• Other executives shown on the website use AI-generated photos
• No LinkedIn profiles or professional history for any team members

This “Boris CEO” tactic is common among Eastern European cryptocurrency scams.

Avlitex Registration and Legal Status

Despite claims of being “legally registered in Canada,” Avlitex has:

• No securities registration with any Canadian province
• Official warnings from OSC and CSA against the company
• Only a meaningless shell company certificate (Avlitex Limited – Corporation #10010360511)

Legitimate cryptocurrency platforms in Canada must register with provincial securities regulators. You can verify this through the CSA’s National Registration Search.

Avlitex Investment Plans and Returns

Avlitex promises impossible returns through various “investment packages”:

USDT Investment Plans:

• 100-2,999 USDT: 0.8-1.2% daily for 16 days
• 250-19,999 USDT: 3.9-4.3% daily for 300 days
• 20,000-1,000,000 USDT: 4.5-4.9% daily for 330 days

Cryptocurrency Plans:

• ETH: 2.4-2.6% daily for 120 days
• BTC: 2.8-3% daily for 120 days

Reality Check: At 4.9% daily, a $1,000 investment would supposedly become $5.8 million in one year. This is mathematically impossible through legitimate trading or mining.

How Does Avlitex Work?

Avlitex operates a 15-level pyramid scheme disguised as an investment platform:

Members earn commissions for recruiting others, with payments up to 18 levels deep. This MLM structure is a hallmark of Ponzi schemes.

Red Flags: Why Avlitex is a Scam

1. Domain Switching

2. Impossible Returns

• No legitimate investment offers 4.9% daily returns
• Real cryptocurrency mining yields 5-10% annually, not daily
• If they could generate these returns, they wouldn’t need your money

3. No Proof of Operations

• No evidence of mining facilities
• No blockchain addresses provided
• No audited financial statements
• Contradictory claims about revenue sources

4. Ponzi Scheme Structure

• Pays existing investors with new investor money
• Requires constant recruitment to survive
• Mathematical certainty of eventual collapse
• No real products or services

5. Fake Team and Office

• CEO is an actor
• AI-generated executive photos
• Virtual office address only
• No verifiable company information

Avlitex Reviews and User Experiences

Reported user experiences include:

• Unable to withdraw funds after investing
• Pressure to invest more to “unlock” withdrawals
• One user reported losing $40,000 in one month
• No positive reviews on independent platforms
• Zero presence on Trustpilot

Is Avlitex Safe? Security Concerns

Avlitex is not safe. Additional concerns include:

• Website flagged for phishing by iQ Abuse Scan
• No SSL certificate details available
• Uses high-pressure tactics and fake urgency
• Targets victims through social media recruitment

How to Spot Cryptocurrency Investment Scams

Watch for these warning signs:

1. Guaranteed high returns (especially daily)
2. Pressure to recruit others
3. Fake or unverifiable team members
4. No regulatory registration
5. Virtual office addresses
6. Recent domain registration
7. No proof of actual business operations
8. Multi-level commission structures

How Legitimate Crypto Businesses Operate

Proper Registration

Securities industry professionals must register with the securities regulator in each province or territory where they do business. Use the National Registration Search to verify.

Transparent Operations

Legitimate cryptocurrency businesses:

• Provide clear information about company ownership
• Have verifiable business addresses
• Offer realistic, market-based returns
• Don’t require recruitment for earnings
• Always disclose investment risks

What to Do If You’ve Invested in Avlitex

Take immediate action:

1. Stop sending money – Do not invest more
2. Document everything – Screenshots, emails, transactions
3. Attempt withdrawal – Though likely to be blocked
4. Report to authorities:
   • Ontario Securities Commission (OSC)
   • Canadian Anti-Fraud Centre: 1-888-495-8501
   • Your local police
   • FBI IC3 (if in USA): ic3.gov
5. Contact your bank – Report fraudulent transactions
6. Warn others – Share your experience to prevent more victims

Legitimate Alternatives to Avlitex

Instead of risky schemes, consider:

• Registered cryptocurrency exchanges (Coinbase, Kraken, Binance)
• Regulated investment platforms with proper licensing
• Traditional investment vehicles with realistic returns
• Direct cryptocurrency purchases on legitimate platforms

Final Verdict: Avlitex is a Confirmed Scam

Avlitex exhibits every characteristic of a cryptocurrency Ponzi scheme:

• Official regulatory warnings
• Fake leadership and impossible promises
• Pyramid recruitment requirements
• No legitimate business operations
• Domain switching to evade detection

Do not invest in Avlitex-global.com or any associated domains.

The combination of official OSC warnings, fake CEO actor, 4.9% daily return promises, and MLM structure make this a guaranteed loss for investors. When this scheme collapses, most participants will lose their entire investment.

Protect yourself and others by sharing this review and reporting Avlitex to financial authorities. Remember: if an investment seems too good to be true, it always is.

Frequently Asked Questions (FAQ)