Upurex.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Zoxecoin.com. We’ve received over 3 complaints against Upurex.com.
Upurex.com pretends to be a cryptocurrency trading platform but uses fake videos with famous people to push questionable deals of getting free cryptocurrency through special codes and first Bitcoin deposits. But the site doesn’t have a real online presence, proof of payouts, or operations that can be checked out, which makes it very shady. Upurex is a new company that probably won’t be around for long. They don’t have any real contact information and only use a simple form for communication. These kinds of signs, like having to make a Bitcoin payment right away, point to a scam. People who want to use Upurex.com should be careful.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Upurex.com Regulated? Do They Have a License?
Upurex.com, which claims to be a site for trading cryptocurrencies, has recently been criticized for being a scam. People are interested in both how this platform works and how it promotes itself, such as by using deepfake movies with famous people in them. People watched these videos and thought they could get free cryptocurrency by entering special deal codes and making their first Bitcoin deposits.
Upurex.com has a lot of problems that people who want to use it should be aware of. To begin, the platform doesn’t have a real online footprint or documentation; all it has are promotional materials. There is no proof that the site has ever given out the Bitcoin rewards that were promised, which makes it very hard to believe that it is real.
Also, Upurex.com’s domain name registration is very new, and the website is likely to be taken down soon, which is a common trait of fake websites. Users can’t easily get in touch for help or accountability because there isn’t any physical contact information. Instead, there is a simple message form.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Upurex.com is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Upurex.com, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Upurex.com
Upurex advertises itself on sketchy YouTube videos saying that celebrities are giving away bitcoin, but it’s obviously a scam. The only thing the company has online is promotional videos; it doesn’t have any real paperwork or an internet presence.
There is no proof that the claimed free bitcoin rewards were ever given out, and the celebrities involved have not backed these ads, which shows that their images are being used without permission.
The platform’s requirement for an initial bitcoin deposit to open accounts is very fishy, since no reputable trading platform asks for such deposits. Also, the Upurex domain was just created, so it’s likely to be deleted quickly, which is a common trait of scams.
A generic form is the only way to get in touch with them, and they make offers that seem too good to be true. These are all standard signs of a scam. Because of these many red flags, people should stay away from the Upurex bitcoin gift and other schemes like it.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Upurex.com Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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Upurex.com Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Upurex.com tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Upurex.com reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Upurex.com, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Upurex.com enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Upurex.com reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Upurex.com.
You should always look out for consumer complaints. In the case of Upurex.com, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Upurex.com? You can share your complaint in the comment section or submit an anonymous tip.
Is Upurex.com Legit Or a Scam?
Scams like the Upurex scheme are a stark warning of how sophisticated they can be, especially in the new field of cryptocurrency. It shows how important it is to be careful and skeptical when dealing with digital money. People who want to make quick money often don’t see the risks, which is why it’s important to stay informed and careful.
Anyone living in the digital world should be wary of deals that seem too good to be true and learn about the risks that come with dealing and investing online after seeing what happened. People who might want to invest can avoid falling for similar scams in the future by staying aware and alert.
Upurex.com is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Upurex.com can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Upurex.com?
All the evidence suggests that Upurex.com is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Upurex.com a scam?
Can I withdraw money from Upurex.com?
Where is Upurex.com Located?
How do I get my money back from Upurex.com?
How The Upurex.com Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
