VidiLook collapses, withdrawals disabled & “acquisition” exit-scam
Sam Lee’s VidiLook Ponzi scheme has collapsed.
Withdrawals have been disabled pending a baloney exit-scam, which sees Sam Lee sell Vidilook to… himself.
Following Vidilook seizing invested VDL Coin and slashing daily returns for non-recruiters a few days ago, VidiLook entered crisis mode.
Sam Lee’s answer to that is coming up with a baloney ruse, through which his StableDAO Ponzi platform will acquire VidiLook.
As per a message pushed out through VidiLook’s social media channels a few hours ago;
Today, VidiLook requested our support towards helping their paid subscribers.
Having independently listened to the needs of subscribers and executives, we at STABLE DAO decided to guarantee going concern (Ozedit: ???).
To protect users, StableDAO intends to fully acquire VidiLook subject to due diligence.
StableDAO’s due-diligence will see the company perform an open-ended timeline audit of VidiLook.
And naturally VidiLook withdrawals will be disabled while this takes place.
As I understand it VidiLook withdrawals have been disabled since last week anyway.
The obvious elephant for anyone with half a brain is that Sam Lee owns both StableDAO and VidiLook. VidiLook launched in early 2023 as StableDAO’s second Ponzi spinoff.
StableDAO’s “acquisition” and “audit” of VidiLook are baloney. Sam Lee is just buying time to further separate VidiLook investors from their money and clean up any paper trails.
Beyond that there’s not really much more to say. Sam Lee is a serial Ponzi scammer doing Ponzi things.
Between HyperCash, HyperCapital, HyperFund, Hyperverse, HyperOne and HyperNation, anyone expecting otherwise deserves to be utterly ridiculed at this point.
Update 23rd April 2023 – VidiLook has announced it has disabled over 10,000 investor accounts.
KYC has also been implemented to further screw VidiLook investors out of withdrawing funds that don’t exist.
Update 17th May 2023 – Sam Lee claims he’s stopped funding VidiLook V1 withdrawals.
Wow, that didn’t take long. A very quick rug pull. Sam Lee certainly knows how to steal money fast.
Currently they are telling the investors they have to complete KYC to get access to their accounts and money, the investors are handing over, drivers licence, passports, names addresses and date of birth.
The funny thing is Sam Lee already has the majority of his investors KYC from the Hyper* Ponzis.
Stacking a KYC exit-scam on top of an “acquisition” exit-scam? Stop Sam, they’re already dead!
They may already be dead but not to the current investors on Vidilook, they have until monday to register on Stable DAO and complete KYC.
Sam is currently doing an audit as part of the acquisition, thats what everyone is being told, only its part of the scam.
Gosh not quite sure if they are stupid or desperate, investors are being told a new system has been set up, so they now have 2 sep Vidilook accounts.
Sam gave them all $50, sounds great but you can not withdraw it, nor can you have your original money, its tied up for 500 days.
At some point you are allowed to withdraw 0.2 interest daily, Originally told you would get your investment back in 33 days….
sam has offered refunds, that sounds great but its an open ended date as no funds at the moment due to the 10,000 accounts ripping off the system.
no mention that its a ponzi scheme or that there are no business’s paying them to watch adds, all it is doing is biding time to rip off more people.
the investors are praising Sam for bailing them out and are willing to go along with it all, so Sam has given them $50 each, doubled their original investment but its all tied in the pledge mining for 500 days…….
Who thinks this charade will around in 50 days never mind 500, ooh and on the zoom calls Sam was pissed and talked utter rubbish….. the investors are still happy!
Brain washing at its best.
Do you have Sam Lees email address or any contact info?
My Almost 80 year old mother was vulnerable and got involved with this crap. Thanks if you do.
She spent $2,000 the week before this collapsed and expected to be made whole in the 33 days. I wish she would have told me.
All she wanted to do is pay off her huge medical bill, which is actually another scam. Thanks!
Sam Lee has been hiding in Dubai since early 2021. Good luck with that.
I find it hard to believe your 80 yo mother set up a crypto wallet and got into crypto Ponzi schemes on her own.
The money she invested is gone but someone poisoned her. You need to find out who and how and make sure it doesn’t happen again.
I didn’t say she did it herself. Her “sponsor” helped her set up a wallet, etc. Now is it believable? Yikes.
Of course I’m making sure it won’t happen again! Dah. Lol
Lots of “uplines” do all the work,you just provide the capital. They’re so desperate for that downline ched they’ll do anything.
What I was getting at but didn’t want to suggest on the off-chance you were unlucky enough to have an 80yo mother for a crypto bro, was if you want to recover some of what was invested start with whoever recruited her.
Whoever the sponsor was earned a commission on your mother’s loss.
So Sam is now saying he will buy back your account and welcomes offers of a higher value that you would accept!
Whats his end game here? I do not think for a minute people will get a refund, maybe just playing for time whilst people invest in other areas of Sams scams thinking he is a stand up guy!
Sam is doing everything he can to continue scamming people and not have more victim complaint pile-ons.
They’ll come eventually anyway (math is math and every StableDAO Ponzi is going to collapse), but he’s likely hoping the HyperFund/Hyperverse heat dies down first.