YIPTG has acquired a pyramid scheme fraud warning from Russia.
As per the Central Monetary establishment of Russia’s Might fifteenth warning, YIPTG reveals “indicators of a financial pyramid”.
As reviewed by BehindMLM in April, YIPTG is a “click on on a button” app Ponzi scheme.
YIPTG’s Ponzi ruse is quantitative shopping for and promoting. Consumers get hold of the app, make investments tether after which “click on on a button” to qualify for day-after-day returns.
With no verifiable provide of exterior earnings, the one verifiable provide of YIPTG withdrawal earnings is invested funds.
The pyramid ingredient exists by means of YIPTG financially incentivizing recruitment of newest merchants.
With out a set stream of newest merchants signing as a lot as lose money, YIPTG will promptly collapse.
As of April 2024, SimilarWeb ranks prime sources of holiday makers to YIPTG’s site as Germany (50%), Russia (22%), the US (10%) and Hungary (8%).
YIPTG is definitely one among a lot of of “click on on a button” app Ponzis launched since late 2021.
Chinese language language crime pursuits working all through Asia are believed to be behind the continued “click on on a button” app Ponzi plague.