HyperTech Group operates a very impressive pyramid scheme. There are about 1.5 million people in Hyperverse with an average membership fee of about 1150 euros. So there is still 1.725 billion euros in the system! That sounds good, but we know that the initiator has ripped off a good billion. The few who are high up in this Ponzi scheme have probably also collected many millions. So the pot was emptied by a few at the expense of many investors. The system has no other sources of income, all the money in HyperTech Group's system is what the investors have paid in. Everything that the investor sees on his screen is deception. Have you had the same experience? What help is there for investment fraud? How can investors get their money back from rogue providers? What can investors do who have been defrauded by HyperTech Group?
HyperTech Group: Assurances are flimsy and unserious
What must the astonished visitors to thehyperverse.net receive? "The HyperVerse is a virtual metaverse consisting of millions of planets. In the HyperVerse, players, also called Voyagers, can connect with friends, learn about different cultures and lifestyles, create tokenized items, start businesses, and explore the universe. HyperVerse gives every inhabitant of the galaxy a fair shot thanks to VerseDAO." This is just a small sample of the questionable promises that curious people can find on HyperTech Group's website. None of these full-bodied promises from HyperTech Group have been kept. Unpleasantly, the dubious business practices rather make for disappointed investors and miserable experiences!
HyperTech Group: Warnings from regulators
On 23.03.2021, the UK FCA warned against the company HyperFund and the platform thehyperverse.net, which also belongs to HyperTech Group. Likewise, a warning from BaFin has been in place since Oct. 19, 2021.
HyperTech Group: Who is behind it?
Very many investors might have a hard time answering this question, as the HyperTech Group makers do quite a bit to disguise the true circumstances. However, this is nothing out of the ordinary, because the scammers usually run several of these websites with the same fraudulent business model. Such are produced continuously, put online one after the other, and just as quickly taken offline again, moreover, the top-level domain is often changed to fool financial regulators and law enforcement agencies. In this case, the domains thehyperfund. online, thehyperfund.com, h5.thehyperverse.net, and currently thehyperverse.net are known.
HyperTech Group: Who operates the platform?
The HyperTech Group website offers very little in this regard. The company HyperVerse is mentioned but without a legal form and address. In addition, the usual support e-mail address can be found on thehyperverse.net, but no telephone number. The domain thehyperverse.net was registered on 18.11.2021 by Mr. Caden Li with the address Ground Floor, Ai Maha Desert Resort, Dubai, 341041, UAE. Another Chinese, namely Zijing (Ryan) Xu, is considered to be the founder of HyperTech Group. At the top of the pyramid scheme, Mr. Kalpesh Patel excelled.
HyperTech Group: Investment fraud scheme
The investment fraud always follows the familiar scheme: investors initially put in a small sum - usually 250 euros - and are impressed by how quickly this amount increases, so they are ready to "invest" higher and higher sums. The worries start as soon as an investor wants to have his money paid out, because then, ostensibly, taxes, commissions, fees, or whatever have to be paid first. Unfortunately, many investors realize far too late that they have fallen for an investment scam and that there was never any intention of paying out the money again.
HyperTech Group: What help is available in the case of investment fraud?
Many investors ask themselves how to proceed in the case of investment fraud, since criminal charges hardly make sense, because criminal charges primarily serve the purpose of criminal prosecution, but not the recovery of money. What kind of help is available for investment fraud and how do defraud investors get their money back? The lawyer specializing in investment fraud must know how to follow the traces of the money, because as they used to say, money is not gone, but somewhere else. Now one can add: It is difficult, but with the proper tools it is possible to systematically track money digitally - even if it was deposited with Bitcoin through a crypto exchanger.
RESCH Attorneys at Law - Experience in investor protection since 1986
If you have been a victim of HyperTech Group and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
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