Yota provide no information on their website about who owns or runs the business.
The Yota website domain (“yota.biz”) was privately registered on November 22nd, 2016.
The domain registration was last updated on July 22nd, 2017, which is likely when the current owner took possession of it.
Despite this, Yota claim the
story of Yota starts in 2013 when we were one of the first ones to use our work experience in financial markets in country.
Years of working in financial market turned us into advanced, fast-developing and innovative investment company.
Naturally no evidence of Yota existing before July, 2017 is provided.
All signs meanwhile point to Yota run by Russians and/or based out of Russia.
- the Yota domain uses Russian name-servers
- testimonials on the Yota website are in Russian
- Alexa estimate Russia is currently the largest source of traffic to the Yota website (23%)
The official Skype support account linked on the Yota website is “nicholas_yota”. Whether this leads to whoever is running the company or just a dummy account though is unclear.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Yota has no retailable products or services, with affiliates only able to market Yota affiliate membership itself.
The Yota Compensation Plan
Yota affiliates invest $35 to $2.5 million dollars on the promise of a daily ROI.
How much of a ROI is paid is determined by how much a Yota affiliate invests:
- Quick Start – invest $35 to $299 and receive a 122.5% ROI after 12 days
- Sya – invest $300 to $5999 and receive a 1.8% perpetual daily ROI
- Shan – invest $6000 to $19,999 and receive a perpetual 2.2% daily ROI
- Tsin – invest $20,000 to $69,999 and receive a perpetual 2.5% daily ROI
- Han – invest $70,000 to $499,999 and receive a perpetual 3% daily ROI
- Mara – invest $500,000 to $2,500,000 and receive a perpetual 3.5% daily ROI
Yota affiliates who invest at the Sya and higher levels can request to withdraw their initially invested amounts.
This will see Yota return the original amount invested, minus any accrued ROI payments.
Yota pay referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Yota cap payable levels at five, with commissions paid out as a percentage of ROI payments made to affiliates across these five levels:
- level 1 (personally recruited affiliates) – 7%
- level 2 – 5%
- level 3 – 3%
- levels 4 and 5 – 2%
Yota affiliate membership is free, however affiliates must invest at least $35 to participate in the attached income opportunity.
The ruse behind Yota’s ROI payments is an index portfolio, structured products, trust management and individual investment accounts.
Naturally Yota provide no evidence of any of this existing.
Not withstanding that if Yota’s anonymous owner(s) were able to legitimately generate a daily 3.5% ROI, they wouldn’t be wasting their time soliciting investment from randoms over the internet.
The sole verifiable source of revenue for Yota is new affiliate investment, the use of which to pay a daily ROI makes it a Ponzi scheme.
As with all Ponzi schemes, once affiliate recruitment slows down so too will newly invested funds.
This will eventually see Yota unable to meet its daily ROI obligations, prompting a collapse.
The math behind a Ponzi scheme guarantees that at any given time, the majority of investors will lose money.