App-based crypto arbitrage Ponzi scheme


Yu Klik gives no firm possession or company data on its web site.

Yu Klik’s web site area (“yuklik.id”), was privately registered on March twenty first, 2022.

After its web site area was registered, Yu Klik seems to have launched on or round April fifth.

At time of publication, Yu Klik’s web site area is nothing greater than an affiliate login kind:

Once I put collectively my preliminary analysis notes for Yu Klik, I’d additionally flagged the area “yunetwork.id” as related.

That area seems to have been deserted, however not earlier than it was rebranded as “Arbitgo”:

I’m undecided what the story is there.

On social media Yu Klik promoters are naming “Mr. Ardiansyah” and “Mr. Samuel” as Commissioner and CEO of the corporate respectively.

This lead me to Yu Klik’s April 2022 launch occasion, the place each Ardiansyah and Samuel put in an look (supply 1, supply 2):

Past that I wasn’t in a position to confirm something additional on the 2.

As you may need surmised from using Indonesian domains, Yu Klik is primarily marketed to Indonesian audio system.

Though it’s solely been round for a short while, Yu Klik has already attracted the eye of Indonesian authorities.

On March twenty first 2022, Yu Klik was integrated in Indonesia as “PT Sensible Multi Commerce”.

Kominfo is Indonesia’s Ministry of Communication and Data Expertise.

In April 2022 Indonesia’s Monetary Providers Authority (OJK), added Yu Klik to its unlawful investments checklist (direct hyperlink to itemizing).

Whoever is operating Yu Klik at a minimal has ties to Indonesia. Its extremely possible they’re based mostly out of Indonesia itself.

As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.

Yu Klik’s Merchandise

Yu Klik has no retailable services or products.

Associates are solely in a position to market Yu Klik affiliate membership itself.

Yu Klik affiliate membership gives entry to a cryptocurrency buying and selling bot.

Yu Klik claims their bot

  • works within the spot crypto market the place it’s protected from worth manipulation
  • has no every day revenue restrict
  • has 99.99% buying and selling accuracy
  • runs 24/7

Yu Klik’s Compensation Plan

Resulting from its Indonesian origins, the Yu Klik advertising materials I’m working off cites the Indonesian rupiah (Rp).

Yu Klik associates join both Common or Premium affiliate membership:

  • Common membership prices Rp 150,000 (~$10.40 USD)
  • Premium membership prices Rp 200,000 (~$13.90 USD)

The distinction between the memberships isn’t defined.

The MLM facet of Yu Klik pays on

  1. affiliate recruitment; and
  2. buying and selling exercise by downline associates.

To qualify for MLM commissions, Yu Klik associates should have an energetic funding stability.

Yu Klik Affiliate Ranks

There are six affiliate ranks inside Yu Klik’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  1. Member – enroll as a Yu Klik affiliate
  2. Sapphire – recruit ten associates, generate 1,500,000 BV
  3. Topaz – have 5 Sapphires in your downline counted from a minimum of 5 recruitment legs and generate 15,000,000 BV
  4. Ruby – have eight Topazs in your downline counted from a minimum of 4 recruitment legs and generate 150,000,000 BV
  5. Emerald – have six Rubys in your downline counted from a minimum of three recruitment legs and generate 750,000,000 BV
  6. Diamond – have 4 Emeralds in your downline counted from a minimum of two recruitment legs and generate 1,500,000,000 BV

BV is generated through recruitment:

  • recruiting a Common affiliate generates 100,000 BV
  • recruiting a Premium affiliate generates 125,000 BV

Recruitment Commissions

Yu Klik pays recruitment commissions through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned straight underneath them (stage 1):

If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.

If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.

Yu Klik caps recruitment commissions at fifteen unilevel workforce ranges.

What number of ranges recruitment commissions are earned on is decided by rank:

  • Members earn 15% on stage 1 (personally recruited associates) and 5% on stage 2
  • Sapphires earn 15% on stage 1, 5% on stage 2 and 4% on ranges 3 and 4
  • Topazs earn 15% on stage 1, 5% on stage 2, 4% on ranges 3 and 4 and three% on ranges 5 and 6
  • Rubys earn 15% on stage 1, 5% on stage 2, 4% on ranges 3 and 4, 3% on ranges 5 and 6 and a couple of% on ranges 7 and eight
  • Emeralds earn 15% on stage 1, 5% on stage 2, 4% on ranges 3 and 4, 3% on ranges 5 and 6, 2% on ranges 7 and eight and 1% on ranges 9 and 10
  • Diamonds earn 15% on stage 1, 5% on stage 2, 4% on ranges 3 and 4, 3% on ranges 5 and 6, 2% on ranges 7 and eight and 1% on ranges 9 to fifteen

Notice that particular residual recruitment fee charges aren’t supplied.

Buying and selling Commissions

Yu Klik take 10% of purported buying and selling income and use it to pay buying and selling commissions.

Buying and selling commissions are paid 2% down 5 ranges of recruitment.

This is identical unilevel workforce used to pay recruitment commissions (see above).

Becoming a member of Yu Klik

Yu Klik affiliate membership prices both Rp 150,000 for Common or Rp 200,000 for Premium.

The distinction between the 2 membership is just not clarified.

Yu Klick accepts Indonesian rupiah, in addition to bitcoin and ethereum equivalents.

Yu Klik Conclusion

Yu Klik is an app-based Ponzi scheme concentrating on Indonesia.

Associates enroll and pay charges by an app. They then make investments funds by the app.

Yu Klik represents buying and selling takes place when associates log into the app and click on a button.

Yu Klik scammers characterize this generates a 19.3% month-to-month ROI

That is similar to the COTP Ponzi scheme, which additionally originated out of south-east Asia.

Yu Klik fails to offer any proof precise buying and selling is happening. Or that exterior income of any type is getting used to pay affiliate withdrawals.

Moreover, as confirmed by OJK, Yu Klik is committing securities fraud within the nation it primarily operates in.

Along with securities fraud, the MLM facet of Yu Klik operates as a pyramid scheme.

MLM corporations commit securities fraud as a result of they aren’t doing what they are saying they’re. In Yu Klik’s case, that’d be buying and selling to generate returns.

Because it stands the one income getting into Yu Klik is new funding.

Utilizing new funding to pay returns by its app makes Yu Klik a Ponzi scheme.

One further observe is Yu Klik look like working with Digital Alternate, an Indonesian cryptocurrency change.

Digital Alternate is usually known as “DEX” in Yu Klik advertising.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

It will starve Yu Klik of ROI income, finally prompting a collapse.

The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.