Thousands of investors have lost millions to the HyperFund scam
Jayden Wei’s HyperFund Scam Exposed!
In this site, we will explore the risks associated with investing in unofficial websites and emphasise the importance of conducting thorough due diligence before consolidating all your funds in one place.
What is Jayden Wei’s HyperFund?
Have you ever wondered how the schemes work in this case? HyperFund works like any other cryptocurrency investment platform. However, what sets it apart is that it is a full blown scam orchestrated by Jayden Wei, a self-proclaimed Chinese director who continually creates new companies to continue his fraudulent activities.
With that being said, HyperFund can be classified as a Ponzi scheme, also known as a Pyramid scheme;
- They promise unusually high returns with little to no risk. According to reports from many investors who have lost their money to this scheme, the returns are often presented as too good to be true and not sustainable for a legitimate long-term business.
- During various Zoom Calls with the Board of Directors, particularly Jayden Wei, investors were often provided with vague or complex explanations about the source of returns, making it challenging to verify the legitimacy of the company itself. They have also faced delayed withdrawals when attempting to cash out their investments, causing widespread concerns.
HyperFund was created as a tunnel to assist investors in securing their digital assets across the metaverse. However, by becoming members in Jayden Wei’s HyperFund, investors agreed to overlook the red flags which in turn raised questions on whether the company genuinely offered a legitimate product or if investors had been deceived.
Why Should You Be Aware of Jayden Wei’s HyperFund Scam?
In general, awareness of Ponzi schemes is crucial for several reasons:
- Financial Security: If you are reckless to when it comes to investment, it is better to ask for guidance because getting scammed by companies like HyperFund can lead to major financial losses.
- Personal Protection: These scams involve identity theft, phishing attacks, or other forms of fraud that compromise your personal information.
- Risk of Exploitation: Ponzi schemes often target the most vulnerable individuals who may be more susceptible to fraudulent activities. These are the people who are in desperate need of quick and easy money.
- Unethical Business Practices: Scams including Ponzi schemes promote unethical business practices by stealing people’s money and operating irresponsibly. To top that off, it fosters an unsafe community driven by greed.
Jayden Wei’s HyperFund Generated Fake Revenues from New Affiliates
Hyperfund, led by Jayden Wei, generated revenues by selling its “online services and products” to new affiliates. However, it has been confirmed that these affiliates did not receive any such services even after weeks of investing in the platform.
Claimed to have Constructed a Decentralised Finance Ecosystem.
Jayden Wei’s HyperFund claimed to possess digital currencies with a blockchain infrastructure, which, once again, turned out to be a complete fabrication. They created fake websites to promote all of these non-existent services, attempting to lure more members.
How Can You Help to Report Jayden Wei’s Company Scams?
If you ever stumbled upon any other scams by Jayden Wei, contact the law enforcement agency to report the illegal practices and provide them with as much information as possible, including details about the scam and any communication you have had with the people in charge of the illegal businesses.