Skyway Capital Review – A Few Facts Why This Business Is a Scam

Picture of Hyperloop, that would be able to transport people safer and environmentally friendly.

A transportation system that will allow the transport of people and goods on rails placed above our heads. Safe, friendly to nature, minimal operational cost of such a track, that is precisely what is expected from the Skyway project today by its author – Anatoly Yunitskiy. It promises investors a long-term passive income, which will also benefit the next generations from. Is that really true? Is the revolutionary business finally here, or is it just another scam for people? I hope you will get answers to all your questions in this review.

 

What Is SkyWay and Who to Look for Behind This Project

SkyWay is supposed to be an above-the-level transport system that uses patented string technology to operate. It should be a revolution that will change the overall transport system. SkyWay’s means of transport should be separate capsules or whole sets of capsules hanging on rails in the air. Developers are expecting high speed and safety, low operating costs and environmental friendliness.

 

Railway engineer and Russian scientist Anatoly Yunitsky with his prototype.

The idea for SkyWay originated in Belarus many years ago, and the Russian scientist Anatoly Yunitskiy (Junitskiy), who has been working on this project for up to 39 years, is the one to celebrate! Anatoly Yunitskiy is also president of SkyWay Group of Companies.

Anatoly Yunitskiy is an original railway engineer. He is according to an official record also the author of more than hundreds of different patents and eighteen books, as well as 200 other scientific studies and publications. Some various awards are associated with his name, and this is true worldwide.

 

How It Should Work – Options How to Earn on SkyWay

The essence of the SkyWay investment project is the purchase of  Euroasian Rail SkyWay Systems stocks, American Sky Rail SkyWay Systems, African Sky Rail SkyWay Systems, Australian & Oceanic Rail SkyWay Systems through an investment fund SkyWay Capital and other similar companies (also partners of SkyWay Group of Companies). The manager of the investment company SkyWay Capital is Jevgenij Kudriashov.

The value of the listed shares should be significantly increased upon their entering of the stock market, as estimated by the owners of this online “business,” by an estimation of up to 2 to 5 years. It states that the difference can be in the horizon of up to several thousand percents, shares purchased at the right time can allegedly increase their value even up to five hundred times.

 

The money that SkyWay will receive from its partners/investors is to be used to complete the project – the construction of the EkoTechnoPark test facility in Belarus. It is necessary to build up so the company can get the certification and could start with the development . This EkoTechnoPark also serves to test future technologies.

 

Making money is possible not only by investing, but also by recommending this internet “business” to other people. This is a multi-leveled system of provisions that let the company pay you up to 20% of the investment of the members you bring into this system.

 

To Invest or not to Invest?

The project looks interesting, and something similar would definitely work in the future. Anatoly Yunitskiy is a real person, which is not the case with most Internet businesses. Our planet certainly needs a similar mode of transport. It is also true that SkyWay is presenting itself at various world exhibitions and fairs. However, I see the issue in the investment opportunity, specifically in the partner company of SkyWay Capital. Here are some reasons why SkyWay Capital gives me a feeling of mistrust and why I do not recommend investing in this project.

 

1.) There Was the Vision in the Beginning

Skyway is not currently listed on any public exchange, so you simply buy only fictitious (if you want – virtual) shares. To put it more accurately, you will get a sheet of paper called a certificate in which the company confirms that you are booking and they reserve for you some stocks.

 

According to SkyWay’s official videos, if you invest $ 4,000 (you will receive a million of “stocks” for the amount invested), you will earn a million US dollars because once the company enters the stock market, you will be able to sell one share for $ 1 (million shares = million USD).

 

If SkyWay ever enters the stock market, which I doubt, the value of one share will indeed not be 1 USD. The exchange rate determines demand and supply. Easily could happen that if they enter the stock market and people want to sell their shares and earn extra money, no one will be interested in them. At that moment their real value will be shown.

 

What is more interesting, however, and what attracts people in that amount is that SkyWay guarantees the redemption of your certificates for $ 1. So if they enter the stock market and it shows that the real value of their shares is big fat zero, SkyWay guarantees to buy them from you.

These are really great promises, but unreal. They will never enter the stock market, and if they do, they will undoubtedly fail to fulfill their obligations. Otherwise, they would bankrupt. Just simple math. 100,000 people are registered, and each invests $ 4,000. SkyWay will earn $ 400 million. 50% of this amount is split into a pyramid, among partners (to motivate them to attract the others to join this project), some SkyWay money will undoubtedly be spent on the construction of the EkoTechnoPark in Belarus, etc. But if a company enters the stock market, it will have to buy from 100,000 people precisely 100 billion shares. And because they guarantee you to buy one share for $ 1, count it out. Where does SkyWay receive $ 100 billion? This may be clear below, in point 2.

 

By the way, in 2016 it was said that SkyWay will enter the stock market in 2018. It is almost the end of the year, and nothing is happening yet. They supposedly postponed it for 2019. The same reason as with X similar companies that sold worthless papers promising that when they enter the stock, they will buy them from you at a much higher value.

 

Do you consider all these statements of SkyWay trustworthy or you do think, the same as I do, that it is only another trap for people that are easy to be caught to the idea of easy money?

 

2.) Where Does the Profit Come from Now, If Nothing Has Been Built Yet?  How Is the Money Payout?

SkyWay claims to have signed contracts worth billions of dollars with several governments around the worldI mean signed contracts with the Australian and Indian governments worth $ 922 million. Interesting, however, no government knows anything about this contract.

Neither the company itself nor the people who have invested in this business have so far provided any evidence of the claim above. No premise building plan, government documents, just anything that would confirm that SkyWay has signed contracts worth billions of dollars. Anything that would prove SkyWay’s real revenue, or at least interest in their revolutionary transport system. Why does the company not submit any signed contracts at least to its partners/investors? They would silence all the doubters and also an increasing nervosity of co-owners and partners. It would be a clear proof of trustworthiness of this “revolutionary project.”

 

Skyway transport system of future – but so far only in the form of various presentation videos and simulations.

 

The only visible source of income for the company is money from investors who buy for it worthless certificates. And it is more than likely that this money is also used by the company to pay out the extra rewards. If this is true, there is nothing else than just a redistribution of money through a pyramid game / Ponzi scheme.

 

With every system always check where are the money to be paid out coming from. If it is from the starting fee, registration fee, new members investments, it is for sure pyramid game/Ponzi scheme.

 

3.) They Do Not Have the Permission to Offer Investment Services

If it should be about buying the company’s shares, it’s an investment. For a company to operate in this area, it needs a license. What do you think, is SkyWay licensed to provide investment services?

On the website of the Czech National Bank, there is even notice appearing that investment in the securities of Eurasian Rail SkyWay Systems Holding is not by the law. More information:

https://www.cnb.cz/cs/spotrebitel/ochrana_spotrebitele/upozorneni/upozorneni_euroasian_rail_skyway.html

 

The same news also came from Estonia, Italy, Belgium, and Latvia. We can, therefore, assume that SkyWay company is not licensed to sell any stocks from any EU country.

 

4.) The Dubious Past of the Skyway Capital Founder

I would also like to draw your attention to the dubious past of the director of SW Capital, Mr. Kudryashov, who in the past created a website not only promoting “MLM” fraudulent activities, but he also benefited from these activities.

http://web.archive.org/web/20131231011452/http://ekudryashov.com/

 

The link mentioned above was dated 2013 and it had since been taken down. However, thanks to the internet archive project, it is still possible to find. I would also like to mention that the webpage is in Russian, so you might need a translator (or translation software e.g. Google translate) to read it. On the said website, you can find information on where to invest, according to Mr. Kudryashov. A search can be done online about Macro Capital, where Mr. Kudryashov, the director of Skyway Capital, was making money.

 

Alternatively, we could search for the term MMCIS, which is where Mr. Kurdiashov, the director of SkyWay Capital made a tidy sum.

www.leaprate.com/news/forex-mmcis-goes-out-of-business-leaving-50000-clients-high-and-dry/

 

What do you think? Will it be any different this time around?

Personally, I don‘t believe it at all. In my opinion, any person, who has good intentions, will not want to have anything to do with these kinds of „businessmen“ to raise capital (leaving them 42% of the deposits as commissions). If only for nothing else, it gives the whole SkyWay group virtually zero credibility in the eyes of most potential partners/investors.

As a result, even if SkyWay signs a memorandum on any project, once the city/country learns more information, the project simply shuts down quietly, as it did in India:

https://economictimes.indiatimes.com/news/politics-and-nation/doubts-raised-over-belarus-company

 

5.) Is the Transportation System, Offered by Sky Way, Able to Operate?

I’m not an expert to evaluate the technical side of this project. I’ll leave it to someone else. It probably does not matter at all, because SkyWay is, in my opinion, a financial project in which the technical parameters are just a trick. Something as: ah, look, we have a revolutionary product (transport system) into which, when you invest, you will become millionaires.

 

In any case, in some online discussions, several well-known people agree that SkyWay’s rail technology is not realistic. Implementation suggestions are not entirely convincing and thought over.

 

In the article below, you can read about the significant shortage of Junitski’s string technology already in 2002 – www.membrana.ru/particle/2486.

The article says that the reports presenting the STU can be divided into the ones on the test operation, the ones for participation in exhibitions and those about lectures and visits of famous guests. Thus, 15 years ago Mr. Yunitsky built a test polygon, received delegations from all over the world, presented himself before Putin, Žirinovsky and visited numerous exhibitions. So what was the main argument in 2002? That he did not build a single kilometer of the track. And what is today’s state? Polygon, exhibitions, politicians and 0 km of trails.

 

You could be interested in:

What are pyramid games (pyramid schemes) and how do they work? – this article is about the characteristics and principles of the pyramid scheme and the Ponzi scheme. You can also find there practical examples of how these systems work. Thanks to the information in this article you should be able to distinguish a pyramid scam from a legitimate company.

 

Conclusion

I have to admit that SkyWay is so technically thought over into details, at least for laics, that it causes confidence in the project. Mr. Yunitskiy exists, which is not the case for similar projects. Indeed he has some patents and inventions, but his problem is that for 30 years he has been drawing money from investors, but no one wants to buy his revolutionary technology. So at least no evidence to prove different has yet been submitted.

 

In my opinion, this is just another sophisticated scam (unfortunately, so far it looks like) that stands and falls on the partners’ initial investments and their subsequent redistribution to the pyramid. The above facts indicate this precisely. The whole project is just about the balamute and the promise of the most beautiful tomorrows. Invest in the company, buy “shares” and one day you can maybe get some extra income.

 

I have to admit though that of all the sophisticated frauds like Kairos, OneCoin, Recyclix, Banners Broker, Zeekrewards, Dexcar, etc. are, SkyWay Capital is, in my opinion, the most advanced.  

 

You could be interested in:

7 Methods to Recognize a Credible Investment Company from a Financial Gamein this article you can read about 7 basic differences between credible investment opportunities and pyramid/financial games.

 

Haven’t found in the article what have you been looking for? Try to check also discussion forum. There is definitely a couple of interesting information on this topic.

If you are already experienced with Skyway Capital, share them and submit into the discussion.

 

Did you find interesting information in this article that you consider to be useful? Then share it with your acquaintances and maybe you help someone. Just share the article or like it. I certainly recommend joining my Facebook group, where I keep posting news about work from home, doing business on the internet and making money online. Click on “Like” and in notifications set “receive all posts.“ Or you prefer tweeting? Then follow my articles and offers on my Twitter account.

 

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Joe
Guest
Joe

Skyway Agents are prepared to eliminate those who call us a scam!!!!

Bert H
Guest
Bert H

Skyway String Technology is the most awaited project in the world! Dont beleive this George – he is talking rubbish and out of ignorance. I dont think, he has even visited the EcoPark in Belarus, nor read the Business Plan, nor read the millions of pages of the technical plans, nor spoke to the 500,000 or more small investors and the big investors with the likes Sheik Rashid? What do you know young man?

chennai18
Guest
chennai18

Hi George,
Have you heard that Skyway signed a big contract in UAE, precisely in Sharjah city ?
There are few videos showing the signature of the contract , land where they are going to build etc..
Have been wondering if I should invest in this project ?
Thanks for your enlightenment

George H.
Guest

Hello Chennai
Yes, I have heard about it and the same about India. The same example, a big contract with the Indian government, the same promotion, impressively shot videos. And the result? Indian government took a step back from the project itself. They considered the project to be unrealistic and dangerous.

If you would like to, invest then, it is your money.

mike
Guest
mike

yes ist not a contract its an R&d centre that is part of Sharjah university , they are doing the POC and they will need to prove that the system works

Zachar Laskewicz
Guest

Thank you for your very informative article. Your research seems well informed and careful without fear of being critical of this large group of shell companies. It’s confusing because there are so many companies and there is technology with an actual test-site in Belarus (but without any actual verifiable scientific documentation) which these companies appear to promote. Don’t let it confuse you, however; what we need is in depth analysis of how the business works. There is much discussion about the SkyWay Group of companies on the English article ‘SkyWay Group’ talk page about the companies in this group and how they work. At present you are the only site that the refers to the Czech National Bank warning, so I’m going to include a reference to this discussion at least until we have another reference in the English Wikipedia article. I think you’ve made a great assessment of how these companies work and I’ll try to address any issues brought up in the discussion below.

George H.
Guest

No, It’s me who should thank you for your valuable contributions, which will undoubtedly make this article and the discussion itself more into depth.

Andrew Hawkes
Guest
Andrew Hawkes

Not posting real comments aye George… is that becuase someone disagrees with you?

You should be ashamed of yourself, and should probably get a lawyer…

George H.
Guest

I have a very good lawyer. He is a specialist in cases like this.

Roy
Guest
Roy

I really would like to know what do you teach in your “educational packages”? And who teaches them and what are their credentials?

Anete
Guest
Anete

What is your full name George? If you make such articles with the view and facts you see then become a credible person and introduce yourself with the respect and full name.

Lars
Guest
Lars

What is wrong with what he sais? Does not matter who he is, but rather what information he gives, isn’t it? Can you prove him to be wrong?

Danny
Guest
Danny

Dear Anete, have you heard about personal data protection, etc? Why would he need to say his full name? Don’t you want him to give you his address and contact details?

Anii
Guest
Anii

Hello Lea, it is sad that you haven’t even realized that the person here is sharing his “PERSONAL” view and opinion. Who is this person, do you even know him? What education this person has ? His statements about the future are like he can predict the future and he is some genius financial expert, but no he is not. Even more he is talking about a different company and you are in a different company, have you not realized that? If you are going to believe some random person called George who has no clue what he is talking about, you will regret in the future and this person will be happy because he does not how to build up his business so will try to damage others. He clearly states he does online business and will two to promote himself. Talk to your leaders before making decision to believe this person.

George H.
Guest

1.) I do not promote on my website any online business and investment programs at all. I do not work for any MLM company.
2.) Lea, the worst thing you can do is to discuss it with people who are registered at Skyway Capital and who have commission from your registration. Of course, they will cajole you… They make money on bringing other people into this system.

You do not have to trust me. Go out and address some experts. Ask for technical functionality of Skyway, and whether something like that can work at all…

George H.
Guest

Hello Lars,

Yes, in this post I am critical towards Skyway Capital, not Skyway Technologies. Whether these are two different companies or the one and same, I cannot tell. To tell the truth, I haven’t heard so far about Skyway Technologies.

There are many investment companies; all of them belong to Skyway Groups of Companies. So it is also possible that Skyway Technologies is a completely different company.

Maybe in the future, I will have a closer look at this topic.

Zachar Laskewicz
Guest

Lars it is confusing because sometimes members of the various companies say that ‘SkyWay Capital’ and any other SkyWay ventures are not connected. They do this with the specific purpose of confusing the matter. There are many verifiable references at the SkyWay Group Wikipedia (English) article and on the talk page concerning this subject. ‘SkyWay Capital Ltd.’ and all its associated companies were founded by Yunitskiy and he is the primary shareholder of these companies. He obfviously invented the technology but he is also its promoter and figure-head. Kudryashov – an MLM marketer with a history in pyramid marketing – directs the SkyWay Capital company but Yunitskiy is still involved. He is the businessman behind the whole venture. When the company was kicked out of Lithuania for being suspected of financial fraud, Yunitskiy and his companies failed to sue the Lithuanian Government for money lost. There are many international references that clearly prove the connection between these companies. Yunitskiy has never tried to hide this aspect of crowdfunding and multi-level marketing as is made clear on all the SkyWay websites as well as verifiable references in Indian, Italian, German and Australian (to name a few) prove. SkyWay Capital and its associates are often cited as the ‘fundraiser’ of SkyWay Capital but this is not their only function and they are not the only fundraisers. This is just another company name. None of these companies has received permission to sell shares in any of the countries they operate as far as I can tell. Also SkyWay technologies isn’t actually the official name for any of the SkyWay Group. You can see a list of members of companies involved on the talk page of the SkyWay Group article.

Norma B
Guest
Norma B

have you got a report that this technology will not function. please share as I am interested to invest in Skyway. Is Skyway Capital the same as Skyway Invest Group? I heard that Skyway Capital is different from Skyway Invest Group. So what do you say about that? please give us your opinion as I want to buy the educational package of Skyway Invest Group but as I understand, they support the Skyway Project of Dr Yunitsky.

George H.
Guest

I am confused

In this message, you state that you wish to make the investment and that you would like some questions answered.

However, in another message, and under a nickname “Bert H” (originating from the same IP address) you wrote:

„Skyway String Technology is the most awaited project in the world! Dont beleive this George – he is talking rubbish and out of ignorance“.

It would appear that you might be registered with Skyway.

In another message, with yet another nickname – „Feliza Bolivar“ (again, the same IP address as in the other two cases), you wrote:

“you are talking rubbish? You are missing out BIG TIME“

Are you schizophrenic?

Arcturus
Guest
Arcturus

Hehehe, brilliant, George! IP-logging is a perfect tool for website admins to weed out these scammers. 😉

Andrew Hawkes
Guest
Andrew Hawkes

Lea, you have nothing to be wary of, this is a legitimate company that has the potential to change lives for the better world wide, don’t put your faith in a person (George here) who is riding the coat tails of a legitimate company to get traffic to his site. https://www.alexa.com/siteinfo/earningwithgeorge.com

Do your research from REAL sites and not scam mongers like this…

George H.
Guest

A few of my friends are involved in this business and I do not notice that it has improved their lives. On the contrary, they have a few hundred dollars less. If you do not bring other people to this business, you will not earn.

The company is currently not making any money. The only income they receive is investment from registered partners, thus people like you. And from this money, Skyway Capital pays investors who came to the system earlier.

Feliza Bolivar
Guest
Feliza Bolivar

have you not heard that the Skeik has invested $50m last April 2018? They also have donated 220 hectares of land in Sharja where they have contructed the Techical Centre of skyway in the middle east? HAve you not heard that we have signed a Contract to build 15km of inner city in the Middle East? You are talking rubbish? You are missing out BIG TIME!!!

Andrew Hawkes
Guest
Andrew Hawkes

George,

What utter rubbish you have written here. You have clearly done zero to little real research, and from your comment about Ponzi’s or Pyramids tells me you know little about either of these also.

It looks to me as though you have tried to take a leaf out of Ethan Vanderbuilt’s book to try and ride the coat tails of a legitimate company to try get traffic to your site.

In fact, 97% of your VERY little traffic (So low in fact it doesn’t even register on alexa)

I would attach the screen shot to show everyone, instead I will leave the link.
https://www.alexa.com/siteinfo/earningwithgeorge.com

If you had done ANY research what so ever, you would find the Crown Prince of Dubai was most impressed with the transport, and that is currently being built in the UAE, with more projects scheduled to start in the coming 6-18 months.

https://www.youtube.com/watch?v=05BEWj-udM4
https://www.youtube.com/watch?v=lQ4sbAW1KmM

People who are researching and using this site, beware, the world is full of scaremongers, George here is one of them.

I am not telling you that you should jump in feet first, I am telling you to continue your research from legitimate sites, not scam mongers like this one.

You will be very (happily) surprised.

Ali
Guest
Ali

Love from UAE, i believe in skyway but I’m new here would if u could help me understand more so I can bring more people to skyway

George H.
Guest

Hello Andrew,
Thanks for your opinion, even though it is not positive, but it is alright.

I will not react to your allusions on the traffic of this website.
This website works only for a few months, so that is why Alexa.com has not noticed it yet.
Wait one or two years.

I do not know who is Ethan Vanderbuilt and I have not read any of his books.
I do not care about any research. I do not even care about the Crown Prince of Dubai who wants to build the Skyway in 6-18 months. I do not care about promises, I care about the reality. I care about the present, not what will be in 18 months, but what is right now!

Andrew, I have a question for you. How much do you earn on this project and where does Skyway Capital take money for your payout? What is the company’s cash flow?
You wrote that the Crown Prince of Dubai wants to build the Skyway in 6-18 months. Where do they get the money from to pay out their partners now? From the investments of the people you brought into this system?

Promises, promises, promises … Invest today and be a millionaire tomorrow. How many times I have heard this sentence…

To people who read this review and also the discussion, I recommend to use common sense. Ask yourself where Skyway Capital takes the money for payouts? What is their cash flow? Do not be deceived by sweet words and promises!

Triet
Guest
Triet

Hi George, Your reply made sense to me. When I showed a friend of mine your reply to Andrew. He sent me this. I am wondering if it would make any sense to you and of course it is their video “Skyway”.

https://youtu.be/9fU2FpMxj-g

George H.
Guest

As I already mentioned. Go further and approach some experts and ask whether Skyway can work technically. If they say Yes, invest. But ask the real experts.
No so-called “experts” that are involved in the system themselves and get the specific provision from your investment.

I ran this research and every expert (professionals in transport industry, experienced for more than 20 years) was very skeptical about it …

Zachar Laskewicz
Guest

In Dubai the RTA (Road Transport Authority) signed a Memorandum of Understanding with SkyWay in February 2019. As you probably know, an MoU isn’t actually a contract. They have signed a lot of MoUs and negotiated to this end in a lot of countries but they haven’t actually built anything anywhere. They have published photographs of signing these documents and they use this as the basis to justify a lot of their funding. This is not illegal in itself, but it can’t be used to refer to actual projects either because they’re not. They haven’t built anything and until we have a contract which legally obliges someone to build something we can’t even really validly refer to these negotiations as planned projects.

Nils
Guest
Nils

dude you’re just a sheep following the flock. You’re the guy we would meet when we could time travel and see you in 1900 with a horse and tell you we will be flying in big as birds called airplanes, youd say I dont believe it! I wanna see it! guys like you make the world stay small. Be creative Be a visionary Be more happier with your life. or keep learning how to work and provide the system with your money. the real scammers are the coverments period.

Zachar Laskewicz
Guest

Why would you possibly need to draw attention to the amount of traffic of this site? Who cares how many visitors it has had. What matters are the facts in the article. Also the two YouTube films you posted don’t actually mean anything. They just show static models of this technology shown at the Dubai governmental summit. They’ve exhibited all over the world but that doesn’t prove anything. They haven’t built anything in Dubai yet. They have signed a Memorandum of Understanding (which is not a contract) and took lots of photos and posted films. Until they’ve actually signed a real legally binding contract, or even better, actually built something, you can’t actually talk about a project in the United Arab Emirates. Who cares what the Prince of Dubai thinks? It doesn’t mean anything. Negotiations are important but YouTube films can’t be used as the basis to prove anything if they haven’t actually done anything. They definitely can’t be used as the basis for criticism of someone else who has collected valid information about these companies and is responding to real people who have spent real money investing in this project.

George H.
Guest

By the way, in India it happened the same as in UAE now about two years ago. Bombastic news, same promotion, tripartite agreement with the Indian government.

But the fact is that after reviewing, the Indian government has concluded that this project is not feasible – this finding is no longer mentioned at Skyway.

Indians have found that Skyway’s real shipping capacity is 300 people per hour.
https://timesofindia.indiatimes.com/city/chandigarh/bjp-leader-attacks-minister-over-skyway-project/articleshow/59690474.cms

Gillian
Guest
Gillian

Andrew, I thought they needed to build a research centre first (actually, they need to get the money, then build the research centre). Presumably, they will then need to build test samples and show them to the governments. This sounds like it will be at least 10 years before it even gets off the ground