Sam Lee meets scamlords in Dubai to launch HyperOne Ponzi
HyperTech co-founder Sam Lee, on the run from liquidators in Australia, is purportedly holding meetings in Dubai.
Lee and various scamlords are plotting the launch of HyperOne. They’re aiming to get smaller scammers and victims under them on board.
HyperOne’s bungled launch saw official marketing videos represent Kalpesh Patel, Keith Williams and other “crypto leaders” were part of the Ponzi scheme.
Patel publicly denied involvement, prompting HyperOne to delete the videos from their official YouTube channel.
HyperOne promoters have since claimed the videos were uploaded by a third-party, which is untrue.
HyperOne is essentially a spinoff of the collapsed Hyperverse Ponzi scheme. Ryan Xu hasn’t been seen or heard in public since late 2021.
The reason for the “Sam Lee has gone off on his own” narrative is so HyperFund/Hyperverse Ponzi losses can be blamed on a boogeyman.
As co-founders of HyperTech, Xu and Lee (aka Xue Lee), profited handsomely from the firm’s first three Ponzi schemes.
HyperOne is a spinoff reboot of the collapsed Hyperverse Ponzi scheme. Which in turn 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 took place under Xu and Lee’s umbrella HyperTech parent company.
Personally, my money is on Xu and Lee still working together.
This is all smoke and mirror to reboot yet another iteration of the same Ponzi scheme – but without letting investors carry over existing losses via recycled tokens.
As outlined in BehindMLM’s original HyperOne article, not much has changed between Hyperverse and HyperOne.
They’ve got a new shitcoin and marketing pitch. Some nonsense about NFT mining. This is probably the NFT nonsense Xu and Lee failed to launch under Hyperverse.
Pending regulatory action, which is a question mark seeing as Hyper* scammers, Xu and Lee are mostly hiding in Dubai, exact HyperCapital, HyperFund and Hyperverse investor losses are unknown.
Given there’s been three Ponzi schemes and how big HyperFund got though, I’d peg total losses well into the hundreds of millions. HyperTech’s Ponzi empire might have even cracked a billion or two.
One last thing, Shohan Bowala wanted credit for these photos…
…so I guess we’ll oblige.
Bowala, a resident of Melbourne, Australia, has been scamming people through MLM Ponzi schemes since at least Cloud Token (~2019).
Another of Bowala’s greatest hits was Torque Trading:
Torque Trading, which Bowala claimed was a “legacy company” that was “going to create generational wealth”, collapsed in early 2021.
More recently, Bowala claimed to have earned “millions” in EmpiresX (late 2021):
EmpiresX was co-founded by Emerson Pires. The SEC filed suit against Pires for securities fraud earlier this month.
The regulator claims Pires’ earlier launch, Mining Capital Coin, was a Ponzi scheme.
Pires’ Mining Capital Coin partner, Luiz Carlos Capuci, has been indicted. The DOJ pegs Mining Capital Coin losses at $62 million.
Now Bowala is busy recruiting HyperOne investors, targeting low-hanging fruit in Africa:
By the time an MLM Ponzi scheme reached Africa, it is generally on its last legs.
Regulation of MLM fraud in Africa is unfortunately hopeless. This leaves African Ponzi victims, fleeced by scammers like Bowala living in western countries, with no recourse.
As of May 19th, Bowala claims to have over seven thousand HyperOne investors under him:
HyperOne’s use of cryptocurrency is likely working in its favor. Several MLM crypto Ponzi schemes collapsed over the past week, leaving victims looking to make up losses.
Unfortunately, unless you’re having meetings in Dubai with Sam Lee, investing in HyperOne will just lead to more losses.
I’m still not 100% convinced HyperOne isn’t some opportunistic reload scammer BS.
Get a bunch of saps signed up, oh hey guys money please, buhbai from Dubai!
Sam Lee is in plenty of photos but there’s not one specifically that confirms involvement in HyperOne.
Even the official HyperOne presentation leads with a 2018 photo of Lee.
Will continue to monitor…
So the hypertech is as well a ponzi?
What the buying of membership in hyperverse and grow your investment in 400 days, 600days with re buy method. Pls can one join?
Hyper* has been a Ponzi scheme since the initial HyperCash launch (Chinese victims).
That was all baloney. You invested in a Ponzi scheme that collapsed. Now the scamlords in Dubai are looking to milk suckers of even more money.
I’m still waiting for them to launch HyperGlycemia. Now, that’d be pretty sweet.
Sorry, I’ll get my coat…
Hcash is the transformation of previous scams done by Ryan Xu in China called HRS.. think about it.. why Chinese founders don’t do Hyperfund or Hyper whatever in China?
Because their reputation is already ruined in China so they turn their direction to scam international people who don’t read Chinese and don’t know what Chinese were suffered from their previous Hcash/HSR scam between 2017-2018.
No one really knows whats going on in the hyper scam universe. Hyperverse is still functional and now we even have this: HyperNation.
mobile.twitter.com/HyperNation8/status/1527128339361992706
Mr Shohan Bowala is at it again.. ponzi pimps never learn.
Well HyperNation has scam written all over it.
Other than Hyperverse bagholders complaining all over HyperNation’s socials, do we have any links to HyperTech?
I haven’t really looked into it. Might poke around later to try to confirm MLM.
We have links to HyperTech. The official Hyperverse twitter Account is promoting HyperNation. It looks like it is something of a NFT Fork.
Oh no, this stupid shit is on Hyperverse’s Twitter. God I hate this timeline.
Alright I’ll try to get to the bottom of it tomorrow. Tapped out today.
I’ve seen talk of the metadata on these Sam Lee HyperOne Dubai photos.
I looked into this myself before publishing the photos. People are misrepresenting the profile metadata date as the date of the photo.
The 2018 profile date is the date the ICC profile the photo was taken with was created. This is not the date the photo was taken on.
I have not yet seen any confirmation the photos weren’t taken in May 2022. I have also not seen any confirmation Sam Lee is specifically involved in HyperOne.
It doesn’t take much to put out a social media video. Make of that what you will.
I had intended to look into HyperNation yesterday. Unfortunately a desktop upgrade on my end ran into a hiccup. I won’t be able to get around to sorting it out till tomorrow.
Depending on how deep the HyperNation rabbit hole is, I might be able to get it done today.
Found this telegram group posting a lot of your links about this SCAM, most probably because your the only one on the web really exposing it.
this is potentially massive in terms of the momentum that could get going if everyone bands together to track down these crooks.
its not impossible and has been done before, plus Hypercrap does unfortunately have a shit load of members, most of who will soon be starting to wake up to the scam as more and more people are currently facing withdrawal issues.
this is the telegram group – (Ozedit: link removed, see below)
what about a discord channel on the subject? ive seen other scams investigated by the community on discord before and the crooks were brought to justice!
Hypercrap is a very very serious scam, i think with all your knowledge, you should start up some kind of CSI investigation type board pinning all the crooks and joining the dots! good work by the way and keep it up.
@Biggatoe
Appreciate the support but BehindMLM doesn’t have any social media presence for a reason. I don’t have the time to moderate and social media is a cesspool of misinformation – Telegram included.
As far as MLM goes, Telegram and Discord as basically FaceBook groups for millennials. Just another platform to group together victims and feed them bullshit while you steal their money.
The effort on my part to maintain additional communication channels isn’t worth it. Especially considering BMLM is right here.
Readers know they’re getting as accurate information as I can provide, with reader input that’s been filtered. Both are held up to public source scrutiny (although usually that’s just pointing out my spelling/grammar mistakes :D).