HyperTech co-founder Sam Lee, on the run from liquidators in Australia, is purportedly holding conferences in Dubai.
Lee and numerous scamlords are plotting the launch of HyperOne. They’re aiming to get smaller scammers and victims below them on board.
HyperOne’s bungled launch noticed official advertising and marketing movies symbolize Kalpesh Patel, Keith Williams and different “crypto leaders” have been a part of the Ponzi scheme.
Patel publicly denied involvement, prompting HyperOne to delete the movies from their official YouTube channel.
HyperOne promoters have since claimed the movies have been uploaded by a third-party, which is unfaithful.
HyperOne is actually a by-product of the collapsed Hyperverse Ponzi scheme. Ryan Xu hasn’t been seen or heard in public since late 2021.
The explanation for the “Sam Lee has gone off on his personal” narrative is so HyperFund/Hyperverse Ponzi losses might be blamed on a boogeyman.
As co-founders of HyperTech, Xu and Lee (aka Xue Lee), profited handsomely from the agency’s first three Ponzi schemes.
HyperOne is a by-product reboot of the collapsed Hyperverse Ponzi scheme. Which in flip was a reboot of the collapsed HyperFund Ponzi scheme, itself a reboot of the collapsed HyperCapital Ponzi scheme, which was launched to resurrect Xu and Lee’s collapsed HCASH Ponzi token.
All of this befell below Xu and Lee’s umbrella HyperTech dad or mum firm.
Personally, my cash is on Xu and Lee nonetheless working collectively.
That is all smoke and mirror to reboot one more iteration of the identical Ponzi scheme – however with out letting buyers carry over current losses through recycled tokens.
As outlined in BehindMLM’s authentic HyperOne article, not a lot has modified between Hyperverse and HyperOne.
They’ve bought a brand new shitcoin and advertising and marketing pitch. Some nonsense about NFT mining. That is in all probability the NFT nonsense Xu and Lee did not launch below Hyperverse.
Pending regulatory motion, which is a query mark seeing as Hyper* scammers, Xu and Lee are largely hiding in Dubai, precise HyperCapital, HyperFund and Hyperverse investor losses are unknown.
Given there’s been three Ponzi schemes and the way massive HyperFund bought although, I’d peg whole losses effectively into the a whole lot of thousands and thousands. HyperTech’s Ponzi empire might need even cracked a billion or two.
One last item, Shohan Bowala needed credit score for these photographs…
…so I assume we’ll oblige.
Bowala, a resident of Melbourne, Australia, has been scamming folks by means of MLM Ponzi schemes since not less than Cloud Token (~2019).
One other of Bowala’s biggest hits was Torque Buying and selling:
Torque Buying and selling, which Bowala claimed was a “legacy firm” that was “going to create generational wealth”, collapsed in early 2021.
Extra lately, Bowala claimed to have earned “thousands and thousands” in EmpiresX (late 2021):
EmpiresX was co-founded by Emerson Pires. The SEC filed swimsuit in opposition to Pires for securities fraud earlier this month.
The regulator claims Pires’ earlier launch, Mining Capital Coin, was a Ponzi scheme.
Pires’ Mining Capital Coin associate, Luiz Carlos Capuci, has been indicted. The DOJ pegs Mining Capital Coin losses at $62 million.
Now Bowala is busy recruiting HyperOne buyers, concentrating on low-hanging fruit in Africa:
By the point an MLM Ponzi scheme reached Africa, it’s typically on its final legs.
Regulation of MLM fraud in Africa is sadly hopeless. This leaves African Ponzi victims, fleeced by scammers like Bowala residing in western nations, with no recourse.
As of Might nineteenth, Bowala claims to have over seven thousand HyperOne buyers below him:
HyperOne’s use of cryptocurrency is probably going working in its favor. A number of MLM crypto Ponzi schemes collapsed over the previous week, leaving victims seeking to make up losses.
Sadly, until you’re having conferences in Dubai with Sam Lee, investing in HyperOne will simply result in extra losses.