Hyper Fund: Scam Exposed | Biggest Scam in Nepal : Kantipur Explained episode artwork

EPISODE · Jul 6, 2024 · 8 MIN

Hyper Fund: Scam Exposed | Biggest Scam in Nepal : Kantipur Explained

from Kantipur Explained

During the height of the COVID-19 pandemic, it came to light that billions of rupees from Nepalis across the globe were being drained in a scam known as Hyper Fund. This scheme, promoted via Zoom meetings, Facebook pages, and YouTube videos, offered attractive returns on investments in the cryptocurrency Molecular Future (MOF). Thousands of Nepalis from countries like Qatar, Dubai, Malaysia, the UK, France, and Portugal were enticed, dreaming of turning a small investment into millions. Despite early warnings and official notices, the Central Investigation Bureau (CIB) was slow to act. Recently, CIB arrested several key figures behind the scam, but not before many victims suffered significant financial losses. This incident mirrors other infamous pyramid schemes such as Unity, Herbo, and Gold Quest, highlighting the importance of staying alert to such fraudulent schemes.

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Hyper Fund: Scam Exposed | Biggest Scam in Nepal : Kantipur Explained

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