I have personal experience of going low (not no) carb losing weight, losing fat and feeling much more satiated. I can even happily fast now, just find it boring rather than experiencing terrible hunger pans.
My father was diabetic and reversed it pretty quickly going low carb. At the point it was reversed he was still overweight.
It is a joined up model of how our bodies work. It works well in conjunction with sports theory such as Maffetone training which works with fat adaptation and utilising fat as an energy source. Fat is not the baddy. You might find this man's lectures and research interesting: