skyway-capital-logoPutting together information on SkyWay Capital is tricky, primarily because most of it is in Russian.

As per the SkyWay Capital website (“skyway.capital”), Evgeny Kudryashov is credited as Director of the company.

Evgeny-Kudryashov-director-skyway-capitalKudryashov (right) is also listed as the owner of the SkyWay Capital website domain, albeit with an incomplete address in London, UK.

Kudryashov himself appears to be a real person, with active Twitter and VK (Russian Facebook) accounts.

Due to language-barriers, I was unable to put together an MLM history on Kudryashov. Kudryashov’s SkyWay Capital executive bio describes him as a “specialist on internet marketing”.

Read on for a full review of the SkyWay Capital MLM opportunity.

The SkyWay Capital Product Line

SkyWay Capital has no retailable products or services, with affiliates only able to market SkyWay Capital affiliate membership itself.

Once signed up, SkyWay Capital affiliates must invest in “units” to participate in the attached MLM opportunity.

The SkyWay Capital Compensation Plan

The SkyWay Capital compensation plan sees affiliates invest funds on the promise of projected ROIs.

An “investment calculator” on the SkyWay Capital website returns $30 of “expected profit” on a $1 investment.

A YouTube video titled “English SkyWay Presentation” claims that affiliates invest $500 for 500 units (each worth $1), the value of which is stated will go up by 22% a day.

A Hungarian SkyWay Capital presentation claims that affiliates can earn up to $200 a month for 9 months, based on how much they invest.

Other than providing an investment calculator, SkyWay Capital themselves appear to only provide investment information to affiliates.

Referral Commissions

Referral commissions are available on funds invested by recruited affiliates, paid out via a unilevel compensation structure.

A unilevel compensation structure places an SkyWay Capital affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

unilevel-commission-structure

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.

SkyWay Capital cap payable unilevel at 24, with how many levels an affiliate can earn on determined by their rank:

  • Partner (invest in 30 to 200 units) – 15% on level 1, 4% on level 2, 2% on level 3 and 1% on level 4
  • Agent – (invest in 50 to 300 units) – 15% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on level 5
  • Consultant (invest in 301 to 2000 units) – 15% on level 1, 7% on level 2, 5% on level 3, 3% on level 4, 2% on level 5 and 1% on level 6
  • Manager (invest in 1000 to 10,000 units) – 15% on level 1, 7% on level 2, 5% on level 3, 4% on level 4, 3% on level 5, 1% on level 6 and 0.5% on levels 7 to 9
  • Leader Manager (invest in 5000 to 20,000 units) – 16% on level 1, 7% on level 2, 5% on level 3, 4% on level 4, 3% on level 5, 1% on level 6, 0.5% on levels 7 to 9 and 0.2% on levels 10 to 19
  • Top Manager (invest in 5000 to 50,000 units) – 17% on level 1, 7% on level 2, 5% on level 3, 4% on level 4, 3% on level 5, 1% on level 6, 0.5% on levels 7 to 9, 0.2% on levels 10 to 19 and 0.1% on levels 20 to 24

Note that what happens where overlap occurs in the above rank qualification is not clear.

Joining SkyWay Capital

Affiliate membership with SkyWay Capital is free, however it appears an investment of at least $500 is required to participate in the attached MLM opportunity.

Conclusion

The SkyWay Capital website provides ample information about transport projects but very little information about the MLM opportunity itself.

Our main task is financing of the SkyWay project for the soonest introduction of this innovative transport system on the world market.

From what I can gather it’s some sort of proposed monorail project being designed by a third-party.

The problem is the project appears completely disconnected from the SkyWay Capital income opportunity.

From the referral commissions paid, we know for a fact that SkyWay Capital are not averse to using newly invested funds to pay off existing investors.

The lack of concrete information provided on the SkyWay Capital website about the MLM opportunity is a red flag. Further research reveals Skyway Capital affiliates advertising daily ROIs of up to 22%, which is another red flag.

Given the SkyWay Capital transport project (as far as I can tell) doesn’t even exist yet, the only verifiable source of revenue funding SkyWay Capital’s ROI payouts is new affiliate investment.

If any SkyWay affiliates can verify dollar for dollar their ROI payouts are tied to anything to do with transport, I’m all ears.

Otherwise the use of newly invested funds to pay off existing investors constitutes a Ponzi scheme.

There also doesn’t appear to be any public registration of SkyWay Capital with a securities regulator, which would be a requirement if legitimate shares were being offered to affiliates.

Instead we have the usual Ponzi points, defined as “units” and the value of which is pegged to nothing more than the rate of new investment.

As with all Ponzi schemes, once newly invested funds dry up SkyWay Capital will collapse. If 22% daily ROIs are indeed being paid out, through compounding of invested funds this is probably going to be one of the more devastating Ponzi collapses.

The fact that everything related to SkyWay Capital is based out of Russia also works against it, as Russian authorities don’t have the best track record for policing Ponzi schemes (or recovering stolen funds).