Yolllo fails to offer firm possession or govt info on its web site.
Yolllo’s major web site area (“yolllo.com”), was first registered in August 2021. The registration was final up to date on June twenty first, 2022.
Yolllo additionally operates from “yolllobusiness.com”, a personal registration additionally final up to date on June twenty first.
“Yolllo Corp” is listed as Yolllo’s major web site area proprietor, via an tackle in Florida. The identical tackle seems on Yolllo’s web site.
The tackle in actual fact belongs to OHM Americas, an industrial energy provide producer.
Following the August 2021 registration of its web site domains, Yolllo held a staged advertising and marketing occasion it represented occurred in Florida on December seventeenth:
It was your typical Boris CEO manufacturing. A rented operate room populated with actors.
This now “unofficial” branded launch flopped and by mid 2022 visitors to Yolllo’s web sites was non-existent.
This prompted a “relaunch” in Dubai, held simply this previous weekend.
The person within the photograph above is Pasha Kidman, cited as Yolllo’s CEO.
On his private LinkedIn profile, Kidman claims he’s fluent in English and Russian. He speaks English with a minor japanese European accent.
In 2020 Kidman appeared as an additional for a Rolls Royce dealership promo video shot in Miami:
In 2021 Kidman appeared in “Investing in America“, a TV sequence aimed toward encouraging home and overseas funding within the US.
Kidman was onboard as early as Yolllo’s December preliminary launch occasion in Miami:
Kidman could be very a lot a Boris CEO however his deception goes past simply being employed to play Yolllo’s CEO.
Probably tied to his obvious data of soliciting overseas funding within the US, Kidman can be behind a just lately created Florida firm tied to Yolllo:
I can’t confirm something however “HappinessUp LLC” as an apparent shell firm screams cash laundering.
So if Kidman is Yolllo’s fall man, who’s really behind the corporate?
Boris CEO firms are sometimes the work of Russian and Ukrainian scammers.
To that finish Yolllo’s official FaceBook web page is being managed from Turkey and Ukraine.
Yolllo’s connection to Turkey is Maxim Gorbachev:
Gorbachev cites himself as co-founder of Yolllo. Who he’s working with isn’t disclosed.
The screenshot above is from a Yolllo advertising and marketing video dated July 2022, depicting the opening of a “Yolllo workplace” in Alanya, Turkey. Gorbachev was current on the occasion however whether or not he’s primarily based out of Turkey or not is unclear.
In any occasion, this explains Turkey exhibiting up as an admin location on Yolllo’s FaceBook web page.
Revisiting that tackle in Florida Yolllo makes use of, the one which belongs to Ohm Americas?
Maxim Gorbachev can be the founder and Chairman of OHM Americas.
Company information tie Gorbachev and Pasha Kidman collectively via Eagle Subsequent Group LLC and United MG Holdings LLC, two further Florida shell firms.
One other title we are able to pin to Yolllo is Tino Ludwig, cited as “Asia Director of Improvement”:
Ludwig, believed to be a German citizen, made a reputation for himself selling the Omnia Tech Ponzi scheme:
Omnia Tech collapsed in 2018, ensuing within the overwhelming majority of Ludwig’s 100,000+ downline dropping cash. A crypto buying and selling reboot was launched nevertheless it was short-lived (extra losses).
As many MLM Ponzi promoters have accomplished, Ludwig has fled to Dubai.
Along with persevering with to advertise MLM Ponzi schemes, Ludwig additionally instructs different scammers on tips on how to launch scams from Dubai:
Dubai is the MLM crime capital of the world.
BehindMLM’s tips for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
- If an MLM firm is predicated out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to Yolllo, learn on for a full evaluate.
Yolllo’s Merchandise
With respect to its MLM alternative, Yolllo has no retailable services or products.
Outdoors of that Yolllo represents it runs a “social platform”, on which customers can “add your artwork and rework it into NFT”.
Yolllo’s NFT platform might be accessed without spending a dime or on a recurring subscription:
- 1 month – $9
- 6 months – $49
- 12 months – $89
Free members can’t create NFTs or promote them. I don’t assume there’s a distinction between the paid tiers.
I don’t wish to waste my mind cells (or yours) by getting an excessive amount of into it. As acknowledged, Yolllo’s NFT platform has nothing to do with their MLM alternative.
Yolllo’s Compensation Plan
Yolllo associates spend money on Yolllo tokens on the expectation of having the ability to money them in for greater than they invested.
- Mild – make investments $100 and obtain 10,000 Yolllo tokens
- Fundamental – make investments $300 and obtain 30,000 Yolllo tokens
- Superior – make investments $1188 and obtain 118,800 Yolllo tokens
- VIP – make investments $50,000 and obtain 5,000,000 Yolllo tokens
Word that invested in Yolllo tokens are frozen for twelve months. That is accomplished on the promise of a 240% ROI.
Connected to every of the above Yolllo funding packages are bonus tokens that have to be unlocked via Yolllo Score Marks (YRMs).
“Likes” on Yolllo’s social community are left via “Yolllo Score Marks” (1 mark = 1 like).
Yolllo associates obtain Yolllo Score Marks (YRM) after they make investments, which they have to use to earn bonus tokens.
- Mild – make investments $100 and obtain 100 YRMs, use 1 YRM a day = 99 Yolllo tokens a day for 100 days (9900 tokents complete)
- Fundamental – make investments $300 and obtain 300 YRMs, use 3 YRMs a day = 297 Yolllo tokens a day for 100 days (29,700 tokens complete)
- Superior – make investments $1188 and obtain 1200 YRMs, use 12 YRMs a day = 1188 Yolllo tokens a day for 100 days (118,800 tokens complete)
- Professional – make investments $3000 and obtain 2500 YRMs, use 30 YRMs a day = 2970 Yolllo tokens a day for 100 days (297,000 tokens complete)
- Professional – make investments $10,000 and obtain 10,000 YRMs, use 100 YRMs a day = 9,900 Yolllo tokens a day for 100 days (990,000 tokens complete)
- VIP – make investments $50,000 and obtain 50,000 YRMs, use 500 YRMs a day = 49,500 Yolllo tokens a day for 100 days (4,950,000 tokens complete)
The particular ROI fee per YRM used is 99 Yolllo tokens. Yolllo associates are capped on what they obtain each day, primarily based on how a lot they’ve invested.
The MLM facet of Yolllo pays on recruitment of latest affiliate traders.
Yolllo Affiliate Ranks
There are eight ranks inside Yolllo’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – join as a Yolllo affiliate and make investments no less than as soon as each twelve months
- Producer – recruit 5 associates who’ve every invested no less than $300 (Fundamental tier or increased)
- Administrative Producer – personally recruit 5 Producers or increased
- GA Producer – personally recruit ten Producers or increased
- Line Producer – personally recruit 5 GA Producers or increased
- Prime Producer – personally recruit 5 Line Producers or increased
- Govt Producer – personally recruit 5 Prime Producers or increased
- VIP Producer – personally recruit 5 Govt Producers or increased
Referral Commissions
Yolllo pays a referral commissions down three ranges of recruitment (unilevel):
Referral fee charges throughout these ranges are decided by rank:
- Associates earn 3% on degree 1 (personally recruited associates) and a couple of.5% on ranges 2 and three
- Producers earn 5% on degree 1 and a couple of.5% on ranges 2 and three
- Administrative Producers earn as much as 12% on degree 1 and a couple of.5% on ranges 2 and three
- GA Producers earn as much as 17% on degree 1 and a couple of.5% on ranges 2 and three
- Line Producers earn as much as 22% on degree 1 and a couple of.5% on ranges 2 and three
- Prime Producers earn as much as 27% on degree 1 and a couple of.5% on ranges 2 and three
- Govt Producers earn as much as 28% on degree 1 and a couple of.5% on ranges 2 and three
- VIP Producers earn as much as 29% on degree 1 and a couple of.5% on ranges 2 and three
The “as much as” commissions are a spread tied to recruitment of Producers.
Within the instance above, you may see the referral fee vary for Administrative Producer is 4% to 12%.
I’m unclear on why the Producer fee (5%) is increased than the beginning Administrative fee (4%).
Matching Bonus
Yolllo pays a Matching Bonus to Administrative Producers and better.
The Matching Bonus seems to be a 1% match on MLM commissions earned by identical degree or increased ranked unilevel group associates.
World Primacy Premium
Yolllo rewards Govt Producer and better ranked associates with a share in 1% of firm huge funding quantity.
Becoming a member of Yolllo
Yolllo affiliate membership is tied to an preliminary $100 to $50,000 funding:
- Mild – $100
- Fundamental – $300
- Superior – $1188
- Professional – $3000
- Professional – $10,000
- VIP – $50,000
The extra a Yolllo affiliate invests the upper their revenue potential.
Yolllo Conclusion
Yolllo is your typical MLM Ponzi token scheme.
Associates spend money on Yolllo tokens and tokens are parked with the corporate for twelve months – on the promise of a 240% ROI – paid after all in Yolllo tokens.
Yolllo token is on CoinMarketCap however is untracked. It’s in all probability the standard x20 token setup – created in a couple of minutes at little to no price.
To summarise Yolllo’s Ponzi enterprise mannequin, actual cash goes in when associates a recruited. Yolllo then points tokens which prices it nothing, and permits associates to money out as alongside as there’s sufficient new funding to cowl withdrawals.
When that inevitably collapses, Yolllo does a runner and/or dumps the token on public exchanges.
The MLM facet of the enterprise financially incentivizes recruitment of latest affiliate traders – with out which Yolllo’s inevitable collapse occurs sooner.
As to the entire NFT platform nonsense, it’s an answer with no drawback. Not that it issues, Yolllo is simply bandwagoning NFTs to push their Ponzi.
Tying each day returns to clicking a like button is busy-body work. It’s designed to create the phantasm of a exercise exterior of Yolllo’s major Ponzi enterprise mannequin.
I’d be shocked if somebody hasn’t automated the method of getting to depart tons of of likes a day to obtain the bonu ROI. Or if Yolllo itself doesn’t supply this performance.
On the regulatory entrance, Maxim Gorbachev represents Yolllo is an “American company”:
Along with focusing on Asia via Tito Ludwig, Yolllo targets the US via Uri Kasparov:
On LinkedIn Kasparov (proper) represents he’s primarily based out of New York.
Kasparov cites himself as a Jeunesse founder. He represents he acquired into MLM via Amway again in 1992.
Extra just lately, Kasparov has reinvented himself as a crypto bro;
I’m additionally a “EndoTech” Crypto Investor & Connections Facilitator.
EndoTech are behind Daisy AI, a collapsed Ponzi scheme launched in 2020.
On FaceBook Kasparov represents he’s primarily based out of Florida. He additionally has ties to Dubai;
As per the Howey Take a look at, Yolllo’s token funding scheme clearly constitutes a securities providing.
Providing and promotion of securities within the US requires registration with the SEC.
Neither Yolllo or anybody concerned as an govt and/or selling Yolllo is registered with the SEC.
Because of this at a minimal Yolllo, an “American company”, is committing securities fraud. This additional lends itself to Yolllo working as a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Yolllo of ROI income, finally prompting a collapse.
The mathematics behind MLM Ponzi schemes ensures nearly all of traders lose cash.
Russians hiding out in Dubai, Russians hiding out in Turkey, cryptocurrency, actors… you know the way this ends.