E-Tik has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Lyo wallet.com. We’ve received over 3 complaints against E-Tik.
E-Tik, also known as E-TTiktok and E-Tiktok, lacks openness about ownership information. The MLM company, which operates under the domain names e-etiktok.com and e-ttiktok.com and was registered on November 17, 2023, raises concerns. It provides USDT investment plans with daily profits based on VIP status. E-Tik offers a 12% referral commission for unilevel team levels. The absence of regulation indicates potential scamming tendencies. Scammers frequently employ deceptive strategies, such as phony reviews, to appear genuine. Victims experience difficulties in retrieving payments, emphasizing the significance of conducting due diligence and reporting scams early.
Get Your Money Back From These Scammers!
Key Takeaways
Is E-Tik Regulated? Do They Have a License?
E-Tik, also known as E-TTiktok and E-Tiktok, fails to provide transparency regarding ownership or executive details on its website. Currently, E-Tik operates under two website domains: e-etiktok.com, which was privately registered on November 17th, 2023, and e-ttiktok.com, which was also secretly registered on the same day.
The lack of publicly available leadership information in an MLM organization raises issues and serves as a warning indication. Prospective members are advised to proceed with caution and carefully consider their decision to join or invest in such a company.
The lack of regulation or the presence of poor regulation is a huge red flag. It means E-Tik is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of E-Tik, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at E-Tik
E-Tik users invest in tether (USDT) with the prospect of daily passive returns organized as follows:
- VIP1: Invest 70-150 USDT and receive 1.2-2.6 USDT per day.
- VIP2: Invest 150-300 USDT and receive 2.6-5.2 USDT per day.
- VIP3: Invest 300–500 USDT and receive 5.2–8.7 USDT per day.
- VIP4: Invest 500-800 USDT and receive 8.6-13.8 USDT per day.
- VIP5: Invest 800–1500 USDT and receive 14–26 USDT per day.
- VIP6: Invest 1500–3000 USDT and receive 26–52 USDT per day.
- VIP7: Invest 3000–5000 USDT and receive 52–87 USDT per day.
- VIP8: Invest 5000–8000 USDT and receive 87–139 USDT per day.
- VIP9: Invest 8000–15,000 USDT and receive 139–260 USDT per day.
- VIP10: Invest 15,000 or more USDT and receive at least 260 USDT per day.
Furthermore, E-Tik provides a 12% referral commission, which is believed to be spread among three unilevel team levels. However, the particular percentage allocations for each level remain unknown.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
E-Tik Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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E-Tik Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like E-Tik tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust E-Tik reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of E-Tik, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like E-Tik enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “E-Tik reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising E-Tik.
You should always look out for consumer complaints. In the case of E-Tik, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about E-Tik? You can share your complaint in the comment section or submit an anonymous tip.
Is E-Tik Legit Or Scam?
E-Tik has been identified as yet another “click-a-button” app Ponzi scheme. The strategy entails the misleading use of TikTok’s logo and the production of fictitious orders with online retailers via the alleged button-clicking behavior. However, the revenue earned is not from actual consumer orders, but from recycling freshly invested monies to pay off previous investors.
This sort of Ponzi scheme, distinguished by “click a button” software, has been identified in a variety of cases, including eBayShop, GMB Group, and DF Mall. Typically, such scams fail within a few weeks or months, leaving investors with losses.
E-Tik is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind E-Tik can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust E-Tik?
All the evidence suggests that E-Tik is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is E-Tik a scam?
Can I withdraw money from E-Tik?
Where is E-Tik Located?
How do I get my money back from E-Tik?
How The E-Tik Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
