Ronae Jull (Hope Hill) spent 21 mths in prison for Ponzi fraud

A woman calling herself "Hope Hill" ran scams for two decades, got caught, did her time—and then kept doing it anyway.

Ronae Valyn Jull first caught the attention of fraud investigators as the compliance officer for HyperFund, a cryptocurrency Ponzi scheme that promised investors returns that defied basic math. She pushed the fiction that renaming investments as "memberships" somehow made the fraud legal. When HyperFund members questioned the scheme, Jull punished them for not staying silent.

The scam collapsed in December 2021. HyperFund was rebranded as Hyperverse. Jull vanished from the operation by May 2022.

This year, she surfaced again promoting DF Finance, another MLM crypto Ponzi scheme.

What makes Jull's continued fraud remarkable is simple: she'd already done this before. Twice.

In 1998, Jull was running her own Ponzi operation in Spokane, Washington. She told investors she could turn $5,000 into $250,000 in ninety days. She claimed the money would go to a California attorney group. She told people she had a master's degree in psychology. None of it was true.

When investors demanded their money back, Jull handed one of them—an investor named Michael Wagen—a list of the other victims and asked him to help convince them to be patient.

Federal prosecutors indicted her on October 20, 1998, on six counts of fraud. She turned herself in three weeks later and was released on a $100,000 property bond with electronic monitoring.

Then she fought the charges. Hard.

In March 1999, a superseding indictment expanded the charges to twenty counts. Jull pleaded not guilty again. In October 1999, prosecutors filed a second superseding indictment with thirty-six counts of fraud. She pleaded not guilty a third time.

The case dragged on. In February 2000, Jull requested the court appoint a psychologist to evaluate her—the record cuts off there, but the message was clear. She was mounting a defense.

It didn't work. Jull eventually pleaded guilty to one count of wire fraud. She was sentenced to 30 months in prison, serving 21 months before release.

By the time HyperFund launched in the late 2010s, Jull's conviction was a quarter-century old. It apparently didn't matter. She stepped into a compliance role at a scheme that operated on the exact same principle as the fraud she'd served time for: take money from people with promises of impossible returns.

The only difference was scale. Two decades later, she was helping run the scam instead of calling herself the victim.

🤖 Quick Answer

Who is Ronae Jull and what fraud schemes has she been involved in?

d promoting DF Finance, demonstrating a pattern of involvement in multiple MLM crypto fraud operations spanning two decades.

What was HyperFund and how did Jull facilitate its deception?
HyperFund was a cryptocurrency Ponzi scheme promising mathematically impossible investor returns. Jull, serving as compliance officer, legitimized the fraud by rebranding investments as "memberships" to create legal appearance. She suppressed member questioning and skepticism regarding the unsustainable scheme.

**What happened after HyperFund's collapse

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