Hanli Lombard’s MulaUp cycler Ponzi scheme has collapsed for a fourth time.
As per a latest 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 appeared just like the Mula crew was doing nothing about it. We now have been quiet and at the hours of darkness and effectively hidden behind the scenes.
The MulaUp cycler Ponzis have up to now primarily focused South Africans. With MulaUp Cell, Lombard (proper) and her accomplices hope to develop 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 utilizing your Degree 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’ll be capped to R1,600 earnings per 30 days. So, you need to use the merchandise as a lot as you want, however as soon as your earnings attain R1,600, you’ll now not obtain earnings till the subsequent month begins.
Initially Lombard had hoped to launch MulaUp Cell at a neighborhood South African sports activities occasion.
The very best information…. we might be having our official MulaUP Cell launch on the MAP Video games this 12 months.
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 12 months!!
The MAP Video games is operating from the 2nd of November to the sixteenth of December. Throughout this time, we can 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 quilt story Lombard got here up with on November eighth;
We had an investor who agreed to assist assist us so we may do the MAP Video games, amongst different issues.
As a result of a fantastic delay and technical points, there was an issue in receiving stated funds. Because of this, we’re now not in a position to do the MAP Video games.
The launch of MulaUP Cell has additionally been delayed by a little bit bit. However we promise that it isn’t going to go away!
That was adopted up with a November tenth MulaUp advertising marketing campaign focused at youngsters:
Do not forget that the Youngsters Particular is ending tomorrow night time at 12am. Get your youngsters beneath 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).
Folks have been advised that refunds might 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.
So far South African authorities have taken no motion towards MulaUp, Hanli Lombard or her co-conspirators.