Yeblance has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Zenlunex. We’ve received over 5 complaints against Yeblance.
The fake cryptocurrency trading website Yeblance was pushed on social media by schemes using famous people. Scammers trick followers into sending Bitcoin by using deepfake or voice-dubbed films that mimic famous people’s voices, such as Drake, Elon Musk, Bill Gates, Cristiano Ronaldo, and Mark Zuckerberg. The imposters use sites like YouTube, TikTok, and Facebook to disseminate films that deceive viewers into believing a phony promotion offering Bitcoin giveaways in conjunction with Yeblance.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Yeblance Regulated? Do They Have a License?
The most recent fraudulent cryptocurrency trading site, Yeblance.com, is being advertised on social media via a sophisticated celebrity-fronted scam. To trick followers into depositing Bitcoin, scammers pose as well-known people like Mark Zuckerberg, Elon Musk, Cristiano Ronaldo, Bill Gates, and Drake using voice-dubbed or deepfake videos.
The way the fraud works is by posting false videos on Facebook, TikTok, and YouTube. The deepfaked celebrities in the videos talk about a unique Bitcoin giveaway that is being held in association with Yeblance.com.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Yeblance 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 Yeblance, 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?
Trading Conditions and Deposit/Withdrawal Methods at Yeblance
A sum of about 0.31 BTC is added to the Yeblance dashboard of victims who input these codes shortly after subscribing to the service. Despite this, a notification appears when users seek to withdraw the monies, stating that to “activate” the withdrawal capabilities, they must first make a minimum deposit of 0.005 BTC.
By requiring customers to make a deposit, con artists can deceive consumers who are not paying attention to transferring genuine Bitcoin payments, which they then quickly steal. It is not true that the Yeblance platform and the alleged cryptocurrency giveaway by celebrities are genuinely happening.
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.
There is no such thing as the Yeblance platform or the cryptocurrency giveaway that is being fraudulently advertised. Scammers are using this website as a front for a fraudulent trading platform to gather payments into their wallets. Once a sufficient amount of money has been accumulated, the website vanishes, leaving victims with no available means to retrieve their money.
Yeblance 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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Yeblance 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 Yeblance 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 Yeblance 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 Yeblance, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Yeblance enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Yeblance reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Yeblance.
You should always look out for consumer complaints. In the case of Yeblance, 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 Yeblance? You can share your complaint in the comment section or submit an anonymous tip.
Is Yeblance Legit Or a Scam?
Yeblance 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 Yeblance 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 Yeblance?
All the evidence suggests that Yeblance 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
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How The Yeblance 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. 
