If you’ve been burned by a cryptocurrency Ponzi scheme, the last thing you need is someone swooping in to exploit you again under the guise of “help.” Enter Rory Conacher – a name now synonymous with fake crypto recovery scams, deception, and an unrelenting track record of promoting fraud.
Rory has spent years pushing fraudulent investment opportunities like HyperVerse, We Are All Satoshi, VidiLOOK, and other Ponzi schemes that have collectively drained millions of dollars from everyday people.
Now, in a stunning twist, Rory Conacher is back, this time positioning himself as the “saviour” for victims of the very scams he promoted. He’s claiming to lead a class action lawsuit against HyperTech Group and its founder Sam Lee, who has been charged with running a $1.9 billion Ponzi scheme. However, what Rory’s really doing is far from altruistic. He is collecting money, demanding sensitive personal information, and giving victims false hope.
Let’s unpack the red flags and expose how Rory Conacher is orchestrating yet another scam – one that preys on desperate victims.
Who Is Rory Conacher?
Rory Conacher is a South African Ponzi promoter with a disturbing history of championing multi-level marketing (MLM) and cryptocurrency-based Ponzi schemes. His resume of fraud includes:
- Karatbars: A company flagged by multiple regulators for deceptive gold-based investments.
- The Hyper Series: Rory promoted interconnected schemes like HyperOne, HyperCommunity, HyperCapital, HyperGlobal, HyperFund, HyperVerse, HyperNation, HyperCosmos, and Daoversal. Each one collapsed, leaving victims high and dry.
- Stable DAO: Pitched as a “safe investment” but proven to be yet another scam.
- VidiLOOK (Live and Beta): Along with StepStar, these platforms promised easy returns but delivered massive losses.
- WE ARE ALL SATOSHI (W.A.A.S.): A dubious crypto project Rory pushed before handing over the reins to known scammer Shavez Anwar.
- AVA and V.E.N.D: MLM schemes steeped in secrecy and false promises.
- HyperBC Exchange: Victims report withheld wallet funds, missing payments, and zero accountability.
Rory has a history of shifting blame and disappearing when platforms collapse. Now, as victims reel from these losses, Rory claims he is leading a class-action lawsuit to recover funds – all while asking for more money and personal data.
Key Question: How can a man with such a well-documented history of promoting scams be trusted to lead recovery efforts?
About the Author
I’m Danny de Hek, also known as The Crypto Ponzi Scheme Avenger. Through my YouTube channel and website dehek.com, I focus on shaming anyone running or promoting a Ponzi scheme or scam. My mission is clear: to create as much public awareness as possible to save mum and dad investors from losing their kids’ inheritance to the multilevel marketing bottom feeders of the world. Every day, I expose fraudulent schemes, warn the public, and hold scammers accountable.
Rory Conacher’s $15 Cash Grab
Rory Conacher claims that 20,000 people have each pledged $15 to fund his leadership in a class action lawsuit. This would amount to $300,000, but the reality tells a different story.
Through tracking Rory’s wallet address – TYzL3nFTmVExygkpmPRYXHVG798Uh4YMxE (see TronScan) – it was revealed that only $37,425.99 USDT has been withdrawn over the last 280 days. On December 17, 2024, the wallet’s balance stood at just $493.60.
Key Red Flags:
- Inflated Numbers: Rory claims 20,000 people have pledged funds, but the wallet transactions reveal far less. Is Rory inflating numbers to create false hype?
- Payment Gateways: Rory now accepts payments via credit card and bank transfers, claiming victims couldn’t pay in crypto. These methods obscure accountability and make tracking funds nearly impossible.
- Missing Funds: If Rory truly collected pledges from 20,000 people, he’s still $260,000 short of the goal. Where is the money?
- Dubious Legal Claims: Rory says he works with lawyers charging $400 per hour but refuses to name them or provide proof of activity. With less than $40,000 raised, how is he funding these legal fees?
This alleged lawsuit is just another opportunity for Rory to prey on victims’ desperation and profit from their trust.
Demanding Sensitive Information (DOCS)
In his supposed “recovery process,” Rory asks victims to submit:
- Scanned passports or government-issued IDs.
- Selfies holding IDs with handwritten signatures and dates (Proof of Life).
- Detailed financial documents, including transaction histories and exchange records.
Red Flag: Collecting this level of personal data from victims is extremely dangerous. Rory has no accountability for how this data is handled. It opens victims up to identity theft, fraud, and further scams.
Rory’s Email Instructions Raise Even More Red Flags
In an email titled “Claim Submission Process Now Open – Time to Submit,” Rory provides additional instructions that highlight his lack of professionalism:
- Free Gmail Address: Rory uses [email protected] to receive sensitive submissions. Red Flag: Reputable legal operations don’t use free, unsecured email accounts.
- Surveys to Track Requests: He claims surveys help “track victim issues,” but this tactic is often used to collect exploitable data.
- YouTube Channel Updates: Rory instructs victims to subscribe to his personal YouTube channel for updates. Legal claims are not managed through YouTube.
These unprofessional methods scream deception.
What Should You Do?
If you’re a victim of Hyperverse, WE ARE ALL SATOSHI, or similar scams, do not trust Rory Conacher or anyone claiming to recover your funds without proper legal credentials. Instead:
- Report the scam to your local financial authorities or consumer protection agencies.
- Consult a licensed lawyer or legal professional for advice.
- Avoid sharing sensitive information like passports, ID photos, and crypto wallet details.
- Stay informed by following credible anti-scam advocates and investigators.
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