Let me introduce you to Helen Hughi — a self-proclaimed financial expert (in her own mind) who popped into my WhatsApp inbox with promises of passive income, algorithmic riches, and a golden ticket to wealth.
Her secret weapon? A website you’ve probably never heard of: Algocapitals.org.
If you’ve ever wondered how these crypto scams operate, buckle up. Algocapitals is just one of thousands of cookie-cutter websites pretending to be legitimate investment platforms while running what appears to be nothing more than a dressed-up Ponzi scheme with some AI buzzwords.
The WhatsApp Pitch: “Hi Sir”
It started when I messaged Helen Hughi, a scam recruiter using a U.S. number: +1 786 729 2629. She responded with the kind of warmth and energy you’d expect from someone trying to marry you off to a pyramid scheme.
After I mentioned I’d come into some money and was looking for investment opportunities, she responded:
“I’m currently diversifying and earning passively with Algocapitals… a prominent and reputable decentralized project that is truly genuine and paying.”
Yes, truly genuine. Because nothing screams credibility like a sentence overloaded with buzzwords and zero specifics.
When I asked her for proof of regulation — something simple, like a registration number with the FCA, SEC, or FMA — she panicked and backpedaled.
“Well, I’m just an investor like others. All I know is that they’re registered with the UK government.”
No documentation. No facts. But she did send me something else — her referral link. Because of course she did.
The Pitch: Deposit, Compound, and Rank Up (But Don’t Try to Withdraw)
The promises on Algocapitals.org are the stuff of crypto scam clichés:
- Automated trading bots (that no one can verify)
- Investment tiers named like Marvel sequels: Alpha Plan, Golden Plan, Mega Plan
- A “risk-free” trading system
- And the grand prize: a prepaid Algocapital Card — but only if you hold a minimum balance of $6,600
Their official YouTube channel? A whopping six subscribers. Apparently, they can manage “hundreds of millions in investor funds,” but can’t find more than a handful of viewers.
The website is riddled with spelling errors like “account Banalace,” “payments gateway are use,” and the beautifully misspelled “Step by step Explaination.”
With all this algorithmic power, you’d think they could afford a spellchecker.
When You Don’t Take the Bait
Once I pointed out the embarrassing YouTube subscriber count and lack of licensing, Helen’s tone changed. Rapidly.
“Idiot.”
“Na una father una they test idiots.”
“God go punish your family.”
So much for investor relations.
This kind of shift from friendly to abusive is typical scammer behavior. As long as you’re compliant, you’re their “sir.” The moment you ask questions, you’re the enemy.
Red Flags You Can’t Miss
- Fake testimonials with names like “Jhon Doe” and “Susan Jefferey”
- AI-narrated marketing videos with no human accountability
- No proof of company registration with any financial regulator
- Crypto-only deposits — untraceable and irreversible
- Withdrawal delays and excuses tied to “minimum balance plans”
- Referral-based earnings — the heart of a pyramid model
- A prepaid card that costs $6,600 to qualify for — which no legitimate card provider requires
This isn’t a trading platform. It’s a recruitment funnel disguised as an investment opportunity.
Why You Should Be Suspicious of Every WhatsApp “Investor”
This story isn’t just about Helen. It’s about a larger trend.
Scams like Algocapitals are everywhere. There are thousands of these websites operating under different names, popping up overnight and vanishing just as quickly. Most of them are built on templates, hosted offshore, and operated by networks that rely on referral commissions, fake dashboards, and withdrawal restrictions.
They promise:
- AI-driven magic returns
- Passive income with “zero risk”
- Personalised financial mentoring from total strangers
The reality?
- Empty wallets
- Burned reputations
- And victims too embarrassed to speak up
Final Thoughts: Do They Think We’re Stupid?
Apparently, yes.
They assume that the average person will fall for a flashy dashboard, some AI nonsense, and the promise of earning $500 a day by doing nothing.
And for some, it works. That’s why we need to speak up.
To Helen Hughi and the brilliant minds behind Algocapitals: your grammar is broken, your platform is a joke, and your lies are getting old. But thank you for reminding us why public awareness matters.
You reached out thinking you found another victim.
Instead, you found me — and now, you’ve become a case study.
About the Author
Danny de Hek, also known as The Crypto Ponzi Scheme Avenger, is a New Zealand-based investigative journalist specializing in exposing crypto fraud, Ponzi schemes, and MLM scams. His work has been featured by Bloomberg, The New York Times, The Guardian Australia, ABC News Australia, and other international outlets.
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My work exposing crypto fraud has been featured in:
- Bloomberg Documentary (2025): A 20-minute exposé on Ponzi schemes and crypto card fraud
- News.com.au (2025): Profiled as one of the leading scam-busters in Australasia
- OpIndia (2025): Cited for uncovering Pakistani software houses linked to drug trafficking, visa scams, and global financial fraud
- The Press / Stuff.co.nz (2023): Successfully defeated $3.85M gag lawsuit; court ruled it was a vexatious attempt to silence whistleblowing
- The Guardian Australia (2023): National warning on crypto MLMs affecting Aussie families
- ABC News Australia (2023): Investigation into Blockchain Global and its collapse
- The New York Times (2022): A full two-page feature on dismantling HyperVerse and its global network
- Radio New Zealand (2022): “The Kiwi YouTuber Taking Down Crypto Scammers From His Christchurch Home”
- Otago Daily Times (2022): A profile on my investigative work and the impact of crypto fraud in New Zealand
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