The HSCC Ponzi scheme has collapsed.

Withdrawals were disabled over ten days ago and deadlines to restore them have passed.

HSCC for the most part have ghosted investors after disabling withdrawals. Earlier today, a BehindMLM reader reported their withdrawal request from September 10th
remained pending
.

Sometime after it disabled withdrawals and September 15th, HSCC informed investors it was making changes to its withdrawal process.

Our withdrawal process will take place twice a month, specifically on the 15th and 25th.

September 15th came and went and still HSCC withdrawals remain pending.

Given almost two weeks have passed since withdrawals were disabled, BehindMLM is calling HSCC’s collapse.

HSCC
, aka the Harley Street Crypto Club, launched in 2022. The scam was run by UK resident Ravinder Singh Dhillon (aka Rav Singh).

HSCC investors were pitched on up to 1% a day for 210 days on cryptocurrency investments.

HSCC’s “guaranteed profits” were purportedly generated through “automated arbitrage trading”.

In the lead up to HSCC’s collapse, Singh set up Rav Singh Global:

The day after RSG launched, Singh claimed to be managing “$20,000 forex funds”.

Singh has not publicly addressed HSCC’s collapse. He seems to have just done a runner and launched a new scheme.

Pending an
unlikely investigation by UK authorities
, total HSCC victim numbers and losses remain unknown.

🤖 Quick Answer

What is the HSCC Ponzi scheme collapse?
HSCC (Harley Street Crypto Club), launched in 2022, collapsed after disabling withdrawals over ten days ago. Despite promises to resume withdrawals on specific dates, pending requests remained unprocessed. After multiple missed deadlines and investor communication failures, the scheme was declared collapsed by BehindMLM.

Why were HSCC withdrawals disabled?
HSCC disabled withdrawals without providing clear explanations to investors. The platform subsequently announced changes to its withdrawal process, claiming it would operate on the 15th and 25th of each month. However, these dates passed without restoring access to funds.

What happened to pending withdrawal requests?
Withdrawal requests submitted by investors, including one from September 10th, remained pending indefinitely. HSCC largely ceased communication with investors after disabling withdrawals, leaving numerous requests unresolved

🔗 Related Articles

- OmegaPro’s Andreas Szakacs arrested in Turkey
- Go Global Review: Collapsed OmegaPro Ponzi rebooted
- Nexa Evergreen Ponzi scammers make off with $309M
- Relicoin Bid Review: Confusing “prelaunch ICO” Ponzi mess
- The Traders Domain securities fraud warning from QC, Canada