Yelb Brokers Review: Get orders “click a button” app Ponzi
Yelb Brokers fails to provide ownership or executive information on its website.
Yelb Brokers’ website domain (“yelb.online”), was privately registered on July 30th, 2023.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Yelb Brokers’ Products
Yelb Brokers has no retailable products or services.
Affiliates are only able to market Yelb Brokers affiliate membership itself.
Yelb Brokers’ Compensation Plan
Yelb Brokers affiliates invest Zambian Kwacha on the promise of advertised returns:
- invest K100 and receive 3% a day
- invest K500 and receive 4% a day
- invest K1000 and receive 5% a day
- invest K5000 and receive 6% a day
Yelb Brokers pays referral commissions on invested Kwacha down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 5%
- level 3 – 1%
Joining Yelb Brokers
Yelb Brokers affiliate membership is free.
Full participation in the attached income opportunity requires a minimum K100 investment.
Yelb Brokers Conclusion
Yelb Brokers is yet another “click a button” app Ponzi scheme. And a particularly lazy one at that.
Yelb Broker’s company name and logo is a lazy misappropriation of the review site Yelp.
Oddly enough Yelp is active in Zambia. I guess Yelb Broker’s scammers hope to target people who haven’t heard of it.
Yelb Broker’s “click a button” Ponzi ruse is “grabbing orders”:
The presented ruse is Yelb Brokers affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button run a slot machine animation, something something revenue. The revenue is then purportedly shared with Yelb Broker affiliates.
If that makes no sense it’s because it doesn’t. Clicking a button in an app doesn’t magically generate automated returns.
In reality clicking a button inside Yelb Brokers does nothing. All Yelb Brokers is doing is recycling newly invested funds to pay earlier investors.
Yelb Brokers is part of a group of “click a button” app Ponzis that emerged in late 2021.
Including Yelb Brokers, BehindMLM has thus far documented eighty-three “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.