HyperFund @ BehindMLM

HyperTech Ponzi securities fraud warning from AB, CA

HyperTech and associated Ponzi schemes have received a securities fraud warning from Alberta, Canada. The Alberta Securities Commission added HyperTech, HyperFund, HyperNation and Hyperverse to its Investment Caution List on February 7th.

Sam Lee claims victims “lied to regulators” after indictment

Serial Ponzi scammer Sam Lee’s response to his criminal indictment is that victims “lied to regulators”. Lee’s assertion was made on a recent webinar, amid reports Lee is gearing up to launch a new Ponzi.

Brenda Chunga’s HyperFund criminal plea deal

Criminal charges were filed against HyperFund Ponzi promoter Brenda Indah Chunga on January 9th, 2024. The previous month, Chunga, aka Bitcoin Beautee, signed a plea deal with the DOJ on December 17th. Chunga has been charged with conspiracy to commit securities and wire fraud. This is acknowledged and accepted as fact in Chunga’s plea agreement.

Rodney Burton arrested en route to Dubai, denied bail

Following unsealing of Rodney Burton’s HyperFund criminal case, details of his arrest have been made public. While we knew Burton was arrested in Florida on January 4th, what we didn’t know is Burton was arrested at the airport… with a one-way ticket to Dubai.

SEC charges HyperFund’s Sam Lee & Brenda Chunga

HyperFund co-founder Sam Lee and promoter Brenda Indah Chunga have been charged by the SEC. The SEC cites HyperFund as a ~$1.7 billion dollar Ponzi scheme. This tracks with BehindMLM’s HyperFund review, published back in 2021.

HyperFund’s Sam Lee, Rod Burton & Brenda Chunga indicted

HyperFund co-founder Sam Lee and promoters Rodney Burton and Brenda Chunga have been indicted. Lee, aka Xue Lee and Samuel Lee, has been charged with conspiracy to commit securities fraud and wire fraud. Burton has been charged with conspiracy to operate an unlicensed money transmitting business and operating an unlicensed money transmitting business. Chunga, who [Continue reading…]

Rodney Burton arrested in Florida on HyperFund charges

Rodney Burton, aka “Bitcoin Rodney”, was arrested in Florida on January 4th, 2024. Burton has been indicted on HyperFund fraud charges, filed as part of a wider criminal case in Maryland.

Hyperverse’s Steven Reece Lewis outed as Steve Harrison

Following a January 3rd article from the Guardian trying to uncover Hyperverse CEO Steven Reece Lewis, I couldn’t help but revisit the collapsed Ponzi scheme. There wasn’t much to go on. I tracked Lewis to Thailand’s nightlife but couldn’t find anything definitive to publish. Someone else who read the Guardian’s article is “Nobody Special” of [Continue reading…]

We Are All Satoshi & Sam Lee D&R from California

Sam Lee and his We Are All Satoshi Ponzi scheme have received a Desist and Refrain Order from California. As per the Department of Financial Protection & Innovation’s September 27th order;

Sam Lee’s VidiLook reboot collapses, withdrawals disabled

Sam Lee’s VidiLook reboot has collapsed. Withdrawals were disabled on August 29th. Instead of fronting investors himself, Lee left it up to partner-in-crime Shavez Anwar to come up with an explanation.