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Is Yu Zhengcai sky legal?

is not legal. Cloud Century sky is a pyramid scheme organization. The details are as follows:

Yu Zhengcai, the so-called chairman of sky, is a super liar. The routine of sky Yu Zhengcai's scam looks like pyramid schemes in any way, and nothing is left behind after continuous investment.

The name of SKY Yu Zhengcai's scam is orthodox. SKY's Chinese name is Cloud Century International Holding Group. The headquarters of Cloud Century Group is established in Houston, USA. It is composed of a group of wealth management experts and capitalists. The main business of the group focuses on investing in innovative industry concepts and network-related data industry platforms.

Yu Zhengcai, the chairman of SKY, the core figure of SKY's Yu Zhengcai scam, has invested in a number of listed companies, including EZCL in the United States, whose Chinese name is Yunju, which mainly develops mobile phone apps, GES in Australia, which is a gold mine development company, and a film and television company.

its profit should come from your development. The huge amount of money absorbed by the company has no corresponding physical investment at all, and it also draws a high head. This model means that once the development of the offline line is blocked, it will cause a crash or a dead market. The final result is that your hard-earned money has bought the points sold by others and cannot be taken out.

investment is bound to be accompanied by risks, which can guarantee what you can earn steadily. Every day, cloud points will go up, not down. Can the market control it like this? If it is not market control, who will buy it at such a high price? It's really up to you to sell it yourself.

The terms commonly used in pyramid selling activities are static income and dynamic income. To put it simply, SKY is equivalent to an online bank, and you are the bank's savings user. The daily increase in points is equivalent to interest, dividends are paid every day, monthly withdrawals are made, and annual bonuses are high.

Reference: China People's Broadcasting and Television Station-"Sky Cloud Century" reappears Ponzi scheme.