Hyundai N Review: Stolen identity “click a button” Ponzi
Hyundai N fails to provide ownership or executive information on its website.
Hyundai N’s website domain (“m.hyundainvip.top”), was registered with bogus details on September 16th, 2024.
Of note is Hyundai N’s website domain being registered through the Chinese registrar Alibaba (Singapore).
Hyundai N has already attracted the attention of financial regulators. The Central Bank of Russia issued a Hyundai N pyramid fraud warning on September 27th, 2024.
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.
Hyundai N’s Products
Hyundai N has no retailable products or services.
Affiliates are only able to market Hyundai N affiliate membership itself.
Hyundai N’s Compensation Plan
Hyundai N affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 9 USDT and receive 3.6 USDT a day
- VIP2 – invest 36 USDT and receive 17 USDT a day
- VIP3 – invest 86 USDT and receive 48 USDT a day
- VIP4 – invest 169 USDT and receive 109 USDT a day
- VIP5 – invest 369 USDT and receive 249 USDT a day
- VIP6 – invest 658 USDT and receive 468 USDT a day
- VIP7 – invest 1299 USDT and receive 898 USDT a day
- VIP8 – invest 2788 USDT and receive 1999 USDT a day
- VIP9 – invest 4999 USDT and receive 3966 USDT a day
- VIP10 – invest 6888 USDT and receive 5188 USDT a day
- VIP11 – invest 9999 USDT and receive 8181 USDT a day
The MLM side of Hyundai N pays on recruitment of affiliate investors.
Referral Commissions
Hyundai N pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 14%
- level 2 – 3%
- level 3 – 1%
Downline Investment Bonus
Hyundai N rewards affiliates for generating downline investment over a rolling 24-hour period:
- generate 500 USDT in downline investment and receive 25 USDT
- generate 1000 USDT in downline investment and receive 60 USDT
- generate 5000 USDT in downline investment and receive 400 USDT
- generate 10,000 USDT in downline investment and receive 850 USDT
- generate 50,000 USDT in downline investment and receive 5000 USDT
Note that downline investment is only counted down three levels of recruitment.
Joining Hyundai N
Hyundai N affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 9 USDT investment.
Hyundai N Conclusion
Hyundai N is yet another “click a button” app Ponzi scheme.
Hyundai N misappropriates the name and branding of Hyundai Motor Company, a South Korean multinational auto manufacturer.
Needless to say Hyundai N has nothing to do with Hyundai the South Korean company.
Hyundai N doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in Hyundai N is “orders”. This sees Hyundai N affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies Hyundai N investors to receive daily returns.
Beyond that clicking a button inside Hyundai N does nothing, there is no external revenue. All Hyundai N does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are Nykaa Mall, Fresnillo PLC USDT and Lime Mall.
Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.
In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.
Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.
Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 17th October 2024 – Hyundai N has collapsed. As at the time of this update Hyundai N’s website is no longer accessible.