Yieldstreet Reviews

Wonderwheel

Worst customer service i have ever experienced Imagine entrusting your money to a fortress with no doors where your funds are imprisioned indefinitely with no hope of release Thank to my head-er my experience there has been like a well oiled machine consistently delivering payouts with precision and without any delays It s the difference between being stuck in a financial black hole and enjoying seamless reliable transactions

The fact that no one at Yieldstreet has

The fact that no one at Yieldstreet has gone to jail is astounding to me They must be pushing out millions to buy positive reviews from fake financial articles As a REAL investor in them No transparency they have made misleading statements on multiple investments As soon as my remaining investments mature I am out of here

No sign up bonus

No sign up bonus Year or so ago there was a deal being offered to give people 200 just for signing up for an account and becoming verified So I signed up and never got my bonus Not sure if there was a requirement to deposit 100 but somehow I have that much in my account Only way I know is bc they sent an email telling me it was being transferred to my bank of record But all withdrawals are frozen right now

I strongly recommend you stay away

I strongly recommend you stay away i have had an investment now for 2 years No return Terrible communication After several request I was told the investment is on their watchlist for possible reduced returns

Scam

Yieldstreet has informed investors in the REIT fund that they are discontinuing the Fund and return investor capital as investments mature there will be no further redemptions there were never any redemptions made Instead capital will be returned as each asset matures or is opportunistically sold We expect this wind down process to take approximately 2-3 years I interpret that as saying You can kiss your investment goodbye

Several investments went into default Bad Deals

Several investments went into default bankruptcy Others have not performed and are years past projected return dates Here are a few so you know that I am serious -Supply Chain Financing II E-Baltimore Multi-Family Conversion Financing-Supply Chain Financing II FI would stay far away from investing with this company

Run away

Yieldstreet offers a variety of toxic investment garbage If you want to watch your principal disappear Yieldstreet is the company for you Do not believe any of their lies regarding due diligence There is no protection of your investment and they have a high default rate I believe it is only a matter of time before someone goes to jail

Their third party processor is now

Their third party processor is now having problems according to Yieldstreet so no ACH transfers can be made This has been going on for more than a week This is a sure sign that they are in trouble and investors will have difficulty getting any of their proceeds back

They do really bad work vetting deals - run

YS made a terrible job vetting real estate deals that were heavy-loaded on variable-rate mortgages before the rates went up They are all in default now with people losing their money I guess Yieldstreet was expecting rates to go negative or something The percentage of deals bankruptcy on YS shows the company is fraudulent or incompetent