MulaUp cycler Ponzi collapses, fifth reboot introduced

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Hanli Lombard’s MulaUp cycler Ponzi scheme has collapsed for a fourth time.

As per a current publication despatched out to traders, a fifth “MulaUp Cell” reboot is deliberate.

BehindMLM reviewed the fourth MulaUp reboot in August 2022.

On the time the rip-off was working from “mulaup.com”, which has since had its web site internet hosting suspended.

As per a November fifteenth investor replace;

As of 3-months in the past, MulaUP has virtually come to a standstill. Our numbers stay constant and our members eagerly await an answer.

This entire time, it regarded just like the Mula crew was doing nothing about it. Now we have been quiet and at the hours of darkness and properly hidden behind the scenes.

The MulaUp cycler Ponzis have so far primarily focused South Africans. With MulaUp Cell, Lombard (proper) and her accomplices hope to broaden the rip-off globally.

MulaUP Cell goes to be stay and working in 200 [sic] worldwide!! MulaUP goes stay worldwide!!

Regardless of the promise to South African MulaUp victims that they’ll be capable to defraud customers globally, MulaUp Cell’s compensation plan continues to be in ZAR:

You may nonetheless earn as much as R1,600 by means of utilizing your Stage 1 merchandise:

Mula-4-Chat – earn 10c for each message you ship

Mula-4-Dial – earn 10c for each minute you name somebody

Mula-4-Cash – earn R1 for each transaction over R100

Mula-4-Share – earn R5 for each one who clicks in your Mula-4-Share hyperlink

You may be capped to R1,600 earnings per thirty days. So, you should utilize the merchandise as a lot as you want, however as soon as your earnings attain R1,600, you’ll not obtain earnings till the following month begins.

Initially Lombard had hoped to launch MulaUp Cell at an area South African sports activities occasion.

The most effective information…. we will probably be having our official MulaUP Cell launch on the MAP Video games this yr.

The MAP Video games is a soccer tournaments that occurs yearly. This occasion sometimes sees 1.8 million individuals yearly.

MulaUP and MulaUP Cell goes to be the official sponser [sic] of the MAP Video games this yr!!

The MAP Video games is operating from the 2nd of November to the sixteenth of December. Throughout this time, we may have scouts on the Video games telling individuals about MulaUP.

I assume as soon as they realized their occasion was to be the staging floor for Ponzi recruitment MAP Video games pulled the plug.

Right here’s the duvet story Lombard got here up with on November eighth;

We had an investor who agreed to assist help us so we might do the MAP Video games, amongst different issues.

On account of an ideal delay and technical points, there was an issue in receiving stated funds. In consequence, we’re not capable of do the MAP Video games.

The launch of MulaUP Cell has additionally been delayed by slightly bit. However we promise that it isn’t going to go away!

That was adopted up with a November tenth MulaUp advertising and marketing marketing campaign focused at kids:

Do not forget that the Youngsters Particular is ending tomorrow evening at 12am. Get your kids underneath 18 in with the once-off R200 particular whereas the particular lasts!!

Whole MulaUp sufferer losses stay unknown. One MulaUp investor publication suggests over 7000 South Africans have been defrauded.

A supply means that particular person traders have misplaced as much as 350,000 ZAR a pop:

There are additionally members who paid exesive quantities for “nats and nodes” in mula for you (Instance R350 000).

Individuals have been advised that refunds will probably be performed finish september 2022 and once more it was prolonged to finish oct, however nonetheless no payouts.

Along with Lombard, MulaUp ringleaders serving to run and promote the Ponzi are Cormari Nel,  Monica Fourie, Michaela Fourie and Brieta Senekal.

Up to now South African authorities have taken no motion in opposition to MulaUp, Hanli Lombard or her co-conspirators.