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Be Aware of the TTK Scam

by lankasaraenglish
January 16, 2025
in News
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TTK Application Promotion Limited is an online business that has been associated with fraudulent activities, particularly a “click a button” Ponzi scheme. In this scheme, affiliates are encouraged to click a button within the company’s app, with the promise that these clicks generate revenue through fictitious orders placed with online retailers. In reality, these “orders” do not exist, and the company relies on funds from new investors to pay returns to earlier ones, characteristic of a Ponzi scheme.The web site says that it makes payments in Sri Lankan Rupees and is very much targeted towards Sri Lankans.

 

TTK fails to provide ownership or executive information on its website.

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TTK operates from three known website domains:

ttkal.com – privately registered in June 7th, 2024
ttkappl.com – registered with bogus details on June 4th, 2024
app.ttkcorp.org – privately registered on February 6th, 2024
On its websites TTK represents it is based out Colorado in the US.

TTK is led by a trusted team of advisors and experts. The company was founded in 2024 and is headquartered in Colorado, USA.

The basis of this claim doesn’t extend past registration of TTK Application Promotion Limited, a shell company registered in Colorado on June 13th, 2024.

 

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Pertinent to TTK’s marketing claims, the company doesn’t appear to have any actual physical ties to the US.

While TTK’s offered website languages are English and Sinhalese , we can see through the source-code that the defaults are English and Chinese:

 

Harshana Suriyapperuma

The company has been linked to various deceptive practices, including misusing the names of public figures to fraudulently collect money from the public. For instance, the Ministry of Finance in Sri Lanka issued a statement refuting false claims that Deputy Minister Harshana Suriyapperuma was associated with TTK Application Promotion Limited. The Ministry emphasized that the Deputy Minister had not participated in any meetings or discussions with the company and accused TTK of misusing his name.

Given the fraudulent nature of TTK Application Promotion Limited, it is advisable to avoid any engagement with the company. Individuals should exercise caution and refrain from investing or sharing personal information with such entities to protect themselves from potential scams.

 

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