On its website, Yu Klik makes no mention of who owns the company or what it does.
On March 21st, 2022, a domain name for Yu Klik’s website (“yuklik.id”) was privately registered.
After registering its website domain, Yu Klik looks to have launched around April 5.
Yu Klik’s website domain is now nothing more than an affiliate login form at the time of publication:
The domain “yunetwork.id” was also included in my preliminary research notes for Yu Klik.
“Arbitgo” was relaunched on that domain before it was abandoned.
That doesn’t make sense to me as a plot point.
“Mr. Ardiansyah,” the Yu Klik promoters are referring to the company’s Commissioner, and “Mr. Samuel” is referring to the company’s CEO.
Ardiansyah and Samuel appeared at Yu Klik’s April 2022 launch ceremony (sources 1, 2);
There was nothing further I could find out about the two.
You may have guessed that Yu Klik is largely targeted at Indonesian speakers from the use of Indonesian domain names.
Yu Klik has already piqued the interest of Indonesian authorities, despite its relative youth.
Yu Klik was incorporated as “PT Smart Multi Trade” on March 21st, 2022.
Indonesia’s Minister of Information and Communication Technology (Kominfo) OJK, Indonesia’s financial regulator, listed Yu Klik as an illegal investor in April 2022. (direct link to the listing).
At the very least, the person behind Yu Klik has Indonesian ties. If they’re from Indonesia, it’s very likely they’re based there.
Remember to think twice before joining or transferring any funds to an MLM that isn’t completely transparent about who runs or owns it.
It is the product of Yu Klik:
There are no products or services that Yu Klik can sell.
No one is allowed to promote anything other than the Yu Klik affiliate membership.
Access to a bitcoin trading bot is included in Yu Klik’s affiliate program membership.
Yu Klik says that their robots are the best in the industry. There is no price manipulation in the spot crypto market.
There is no daily limit on profit. It is 99.9% accurate in trading. It’s Yu Klik’s Payroll Policy.
The Yu Klik marketing materials I’m using all reference the Indonesian rupiah, which makes sense given the company’s Indonesian roots (Rp).
In order to become a Yu Klik associate, you can choose between a regular or premium membership: The annual fee is Rp 150,000 ($10.40 USD).
It costs Rp 200,000 ($13.90 USD) to upgrade to a premium membership. There is no explanation of the distinction between the memberships.
Affiliates in Yu Klik’s MLM program are compensated for their efforts.
hiring and selling: affiliate activity at the level below you. Affiliates of Yu Klik must maintain an active investment balance in order to be eligible for MLM commissions.
The Affiliate Ranks of Yu Klik:
Yu Klik’s compensation structure has six tiers of affiliates.
The following are the requirements for each of them: You can become a Yu Klik affiliate by signing up as a member here.
In order to get the most out of your downline, you need to have at least five Sapphires and six Rubys in your downline, which are both counted from at least three recruitment legs. Recruit ten affiliates, and you’ll get 1,500,000 BVTopaz, 15,000,000 BVRuby, and 150,000,000 BVEmerald, which are all generated from your downline.
A minimum of two recruitment legs and 1,500,000,000 BV in your downline. In order to grow BV, one must attract new employees. Recruiting In a typical month, 100,000 BV is generated by a normal affiliate.
Recruiting The BV generated by a premium affiliate is 125,000
Commissions on hiring:
Yu Klik uses unilevel compensation to offer commissions for recruiting new employees.
Every affiliate they personally recruit is at the top of a unilevel team in a unilevel compensation system, and every affiliate they personally recruit is right behind them (level 1).
Affiliates recruited by level 1 members are placed on the second level of their unilevel team.
There is no limit to the number of levels that can be reached by level 2 affiliates who recruit new affiliates. Yu Klik limits recruitment commissions to fifteen levels of the same-level team. Rank determines how many tiers of recruitment commissions can be obtained. In the first level (personally recruited affiliates), members earn 15%, and in the second level, they earn 5%.
Sapphires earn 15% on level 1, 5% on level 2, and 4% on levels 3 and 4. Sapphires earn 15% on level 1. At the first level, Topazs earn 15%, 5% on the second, 4% on the third, and 3% on the fourth and fifth levels.
Rubys gain 15% on the first level, 5% on the second, 4% on the third and fourth, 3% on the fifth and sixth, and 2% on the seventh and eighth.
15% of emeralds are earned on level 1, 5% on level 2, 4% on levels 3 and 4, 3% on levels 5 and 6, and 1% on levels 7, 8 and 10.
Diamonds pay out 15% of the total reward for each level from 1 to 15; for each subsequent level from 2 to 15, they pay out 5% of the total reward. Take note that the exact recruitment commission rates are not specified.
Buying and selling fees:
In order to pay trading fees, Yu Klik takes 10% of the trading money he claims to have earned.
There are five tiers of recruitment for trading commissions, each paying out 2%. For recruiting commissions, this is the same unilevel team (see above).
An affiliate membership is available for Rp 150,000 for regular membership or Rp 200,000 for premium membership.
It’s unclear what the differences are between the two levels of membership.
As well as Bitcoin and Ethereum, Yu Klick accepts Indonesian rupiahs and their currency equivalents. In the end, you “Klik” it.
In Indonesia, Yu Klik is a mobile app-based Ponzi scheme.
An app is used by affiliates to join up and pay their fees. They then use the app to make investments. Trading occurs when affiliates log in and press a button on Yu Klik.
The Yu Klik scammers claim that this generates a 19.3% monthly return on investment.
The COTP Ponzi scheme, which originated in Southeast Asia, is quite similar to this.
There is no proof that Yu Klik is actually trading. It’s also possible that affiliate withdrawals are being paid with outside earnings of some sort.
Aside from that, Yu Klik has been found to be a perpetrator of securities fraud by OJK.
Yu Klik’s MLM scheme is a pyramid scheme in addition to securities fraud.
Multi-level marketing (MLM) organizations commit securities fraud because they don’t do what they say. To put it in Yu Klik’s context, that would be trading to make money.
Yu Klik’s only source of revenue currently comes from new investments.
Yu Klik is a Ponzi scheme since it uses new investments to pay out returns through its app.
In addition, Digital Exchange, an Indonesian bitcoin exchange, appears to be cooperating with Yu Klik.
In Yu Klik marketing, the term “DEX” is used to refer to Digital Exchange.
As with all MLM Ponzi schemes, new investment will dry up once affiliate recruiting stops.
Because of this, Yu Klik’s revenue stream will dry up, causing the company to go bankrupt. Ponzi schemes are mathematically guaranteed to leave the vast majority of investors with nothing when they go under.