Yelb Brokers fails to supply possession or government data on its web site.
Yelb Brokers’ web site area (“yelb.on-line”), was privately registered on July thirtieth, 2023.
As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Yelb Brokers’ Merchandise
Yelb Brokers has no retailable services or products.
Associates are solely in a position to market Yelb Brokers affiliate membership itself.
Yelb Brokers’ Compensation Plan
Yelb Brokers associates make investments Zambian Kwacha on the promise of marketed returns:
- make investments K100 and obtain 3% a day
- make investments K500 and obtain 4% a day
- make investments K1000 and obtain 5% a day
- make investments K5000 and obtain 6% a day
Yelb Brokers pays referral commissions on invested Kwacha down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 10%
- degree 2 – 5%
- degree 3 – 1%
Becoming a member of Yelb Brokers
Yelb Brokers affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal K100 funding.
Yelb Brokers Conclusion
Yelb Brokers is yet one more “click on a button” app Ponzi scheme. And a very lazy one at that.
Yelb Dealer’s firm identify and brand is a lazy misappropriation of the evaluate web site Yelp.
Oddly sufficient Yelp is energetic in Zambia. I suppose Yelb Dealer’s scammers hope to focus on individuals who haven’t heard of it.
Yelb Dealer’s “click on a button” Ponzi ruse is “grabbing orders”:
The offered ruse is Yelb Brokers associates log in and click on a button (the extra invested the extra the button must be clicked).
Clicking the button run a slot machine animation, one thing one thing income. The income is then purportedly shared with Yelb Dealer associates.
If that is senseless it’s as a result of it doesn’t. Clicking a button in an app doesn’t magically generate automated returns.
In actuality clicking a button inside Yelb Brokers does nothing. All Yelb Brokers is doing is recycling newly invested funds to pay earlier traders.
Yelb Brokers is a part of a bunch of “click on a button” app Ponzis that emerged in late 2021.
Together with Yelb Brokers, BehindMLM has up to now documented eighty-two “click on a button” app Ponzis. Most of them final a couple of weeks to some months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of traders with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.