Policy

Reform UK councillor promoted collapsed $1.9bn ‘Ponzi scheme’ HyperVerse that left victims suicidal

Cross-asset desk, Private Trade News (2026-11-07): A woman who promoted a notorious cryptocurrency scam has been elected as a Reform UK councillor and now sits on the audit and risk committee of a major city… Primary source: original at The Guardian (theguardian.com).

November 7, 2026 4:25 AM GMT · The Guardian

Reform UK councillor promoted collapsed $1.9bn ‘Ponzi scheme’ HyperVerse that left victims suicidal

A woman who promoted a notorious cryptocurrency scam has been elected as a Reform UK councillor and now sits on the audit and risk committee of a major city council.

Susan Lawrence was one of the main UK promoters of the HyperVerse cryptocurrency scheme, which was named in US court documents as an alleged “pyramid and Ponzi scheme” that cheated investors worldwide out of a “staggering” $1.89bn (£1.41bn).

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