CashCropCycler Review: $10-$50 investment scheme
CashCropCycler launched in June 2013 with the company claiming to be run by the “Triple C Team”.
We are three friends, Americans by naturalization and Swedish by birth; Benson, Dave and Anderson.
The name “Triple C” came about in year 2012 when we gave all our personal earnings to support the Clarion Children’s Choir, that was the best experience for us as a team.
No further information, such as involvement in any past MLM companies, is provided any of the three purported owners. They do state however that CashCropCycler
is our first project but we do not hesitate to let you know more and more would be coming up in due time, all of which are Triple C brand.
The company’s website domain (“cashcropcycler.com”) was registered on the 25th of March 2013, however the domain registration is set to private.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The CashCropCycler Product Line
CashCropCycler has no retailable products or services. Affiliates join the company and then purchase positions in the compensation plan, with each position bundled with advertising credits.
These advertising credits can be used by affiliates to display advertising on the CashCropCycler website.
The CashCropCycler Compensation Plan
CashCropCycler affiliates purchase positions in the compensation plan for either $10 or $50.
$10 positions pay out a 186% ROI over 60 days and creates a 2×1 matrix position within a company wide matrix. When the two positions fill under the purchased matrix positions (via the purchase of more positions by affiliates), the affiliate earns a $2 commission.
$50 positions 129.6% ROI over 25 days, with affiliates being required to invest in at least two positions at a time.
Company wide only 1000 $50 positions are available to be actively paying out a daily ROI at any given time, with additional position orders by affiliates placed in a queue.
For both positions, 30% of the ROI paid out must be re-invested back into the company. Affiliates must also add one website to a company wide rotator and view a minimum of 5 websites a day through the rotator in order to qualify for their daily ROI.
Referral commissions are payable on all investments made by affiliates, paid out down three levels of recruitment:
- Level 1 – 10%
- Level 2 – 3%
- Level 3 – 2%
Joining CashCropCycler
Affiliate membership to CashCropCycler is free, however affiliates must invest in the scheme if they wish to earn commissions.
Conclusion
With no retailable products or services and a daily ROI paid out to affiliates from newly invested and continued re-investment by affiliates, CashCropCycler fits the definition of a Ponzi scheme.
Despite this however the company maintains it’s not an investment scheme:
CashCropCycler is not an investment website and should not be treated as one, what we do is sell advertising credits to our members and share revenue with all members.
Member’s support and participation is the key for every program to last.
By sharing the revenue affiliates put into the scheme between existing affiliates, determined by an advertised fixed daily ROI percentage, quite clearly CashCropCycler are operating an investment scheme.
Forced re-investment will keep the scheme going for a bit longer than your standard Ponzi scheme, but once new affiliate investment in units stops, the company will have no money to pay out its promised daily ROIs.
According to PPBlog, CashCropCycler seem to have… expired.
The company website is offline so it would appear to have gone bust.