A UK bank has frozen a Hyperverse promoter’s account on suspicion of fraud.

Emma Smedley is a UK-based promoter of the Hyperverse Ponzi scheme.

Smedley took to FaceBook on January 6th to “have a whinge” about her bank.

[1:34] I tried to pay for my Calendly app last night … and my card wouldn’t go through.

“Your card’s not recognized”. I was like, “recognized? It’s a nationwide card.” What a load of shit.

So anyway, this morning I rung ’em up. I’d been on the phone an hour … I got through to customer service, who just takes my details and then says, “Oh yeah I need to pass you through to another department”.

[2:19] So eventually I got through to a second person, who then proceeds to tell me, “Oh no no, I can’t deal with this. I’m going to have to put you through to the fraud department”.

I was like, “right”. So I get on there and
I am interviewed like a criminal.

“Where’s this money come from?”

So I’m like, “What? Why do you need to know where my money’s come from?”

“Because that’s what we do, we investigate fraud.”

“Right well I can tell you that I wanted that transaction to go through.”

And he said, “Well um..”

“Oh and look, I don’t think it’s about a Calendly transaction that you’re worried about. It’s probably the fact that I’ve transferred money into my bank from Coinbase. And that’s what you’re interested in.

You’re not interested in the Calendly app. You want to know what I’m doing.”

So I said, “I’ll tell you what I’m doing, I’m trading. And that’s where my money comes from.”

The long and the short of it is, I can’t now get any money out of my account whatsoever that’s left in there.

They’ve completely shut down my bank account. They have restricted my online banking. In theory they’ve left me, if you want, with no money in the normal world.

[3:59] Doesn’t that just bloody well tell you why you don’t want to be around banks.

They’re not doing that for security, they’re doing that because they want to know where the money’s coming from, so they can go to the source.

Smedley’s ignorance of finance law is commendable.

Hyperverse is a
reboot
of the collapsed
HyperFund
Ponzi scheme.

Both HyperFund and Hyperverse have been singled out by the FCA for
securities fraud
.

Regardless of who you bank with, if you’re suspected of engaging in fraudulent activity, such as involvement in one of the largest MLM Ponzi schemes currently operating, they’re going to flag your account and investigate.

If you can’t prove to your bank the money you’re depositing into that account hasn’t come from a legitimate source (securities fraud isn’t a legitimate source), they’re going to shut you down.

When fraud departments come knocking, “We sell memberships” doesn’t cut it. Nor does hiding involvement in Ponzi schemes behind “trading”.

Once you’ve been flagged for potential fraud, on the bank’s backend a Suspicious Activity Report is generated.

This SAR report is then forwarded to regulators and/or relevant authorities for further investi

🤖 Quick Answer

What happened to Emma Smedley's bank account?
A UK bank froze the account of Emma Smedley, a promoter of the Hyperverse Ponzi scheme, due to suspected fraudulent activity. The account restrictions prevented her from making payments and triggered involvement of the bank's fraud department during customer service investigations.

Who is Emma Smedley?
Emma Smedley is a UK-based promoter associated with the Hyperverse scheme, identified as a Ponzi operation. She publicly discussed her banking difficulties on Facebook in January, revealing account access issues and fraud department involvement related to her financial activities.

Why did the bank take action against Smedley?
The UK bank froze Smedley's account on suspicion of fraud, likely connected to her involvement in promoting Hyperverse, a Ponzi scheme. Such preventive measures are standard banking practice to protect against fraudulent financial

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