Pay Diamond Review: Diamond investment = 5% a week ROI?
Pay Diamond provide no information on their website indicating who owns or runs the business.
The Pay Diamond website domain (“paydiamond.com”) was first registered on the 26th of December, 2014. The registration was last updated on November 27th, 2015.
“PayDiamond Marketing & Sales Limited” is listed as the domain owner, with a virtual office address in Hong Kong also provided.
Alexa traffic statistics reveal that with the exception of Japan (12%), the majority of traffic to the Pay Diamond website originates out of South America.
The Pay Diamond website itself is hosted in Brazil and the default language of the Pay Diamond website is Portuguese (primary language of Brazil). Given this, it’s extremely likely that whoever is running Pay Diamond is also based out of Brazil.
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.
Pay Diamond Products
Pay Diamond has no retailable products or services, with affiliates only able to market Pay Diamond affiliate membership itself.
The Pay Diamond Compensation Plan
Pay Diamond affiliates invest funds on the promise of an advertised 50-week ROI:
- Joy – invest $200 and receive a $10 weekly ROI
- Light – invest $400 and receive a $20 weekly ROI
- Plus – invest $1200 and receive a $60 weekly ROI
- Master – invest $3600 and receive a $180 weekly ROI
- Premium – invest $36,000 and receive a $1800 weekly ROI
When a Pay Diamond affiliate recruits a new affiliate, they are paid a commission based on how much is invested:
- recruit a Joy affiliate and receive $5
- recruit a Light affiliate and receive $10
- recruit a Plus affiliate and receive $30
- recruit a Master affiliate and receive $100
- recruit a Premium affiliate and receive $1000
Residual Commissions (unilevel)
Every Pay Diamond affiliate has to pay a monthly fee.
Pay Diamond take this monthly fee and use it to pay residual commissions via a 3×10 matrix.
A 3×10 matrix places a Pay Diamond affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting the first three positions into another three positions each.
Levels three to ten of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Positions in the matrix are filled via direct and indirect recruitment of new Pay Diamond affiliates.
A 50 cent commission is paid per Pay Diamond affiliate recruited into the matrix.
Residual Commissions (binary)
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels o the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.
Each Pay Diamond investment plan has an attached point value:
- Joy – 50 points
- Light – 100 points
- Plus – 300 points
- Master – 1000 points
- Premium – 10,000 points
At the end of each day Pay Diamond tally up points generated by new investment volume on both sides of the binary team.
A Pay Diamond affiliate is paid 50% of the points generated on their weaker binary side.
Leftover volume from the stronger binary side is carried over the following day, wherein the process repeats itself.
To qualify for residual binary commissions, a Pay Diamond affiliate must recruit at least two affiliates who invest (one placed on either side of the binary team).
Joining Pay Diamond
Pay Diamond affiliate membership requires payment of a monthly fee and investment in one of the following five offered plans:
- Joy – $200
- Light – $400
- Plus – $1200
- Master – $3600
- Premium – $36,000
The more an affiliate invests the higher their income potential via the Pay Diamond compensation plan.
Note Pay Diamond do not disclose how much they charge affiliates each month.
The Pay Diamond website waffles on about diamonds having something to do with the weekly ROI it pays out, however this doesn’t pass the Ponzi logic test.
If Pay Diamond were able to legitimately and consistently generate a 5% weekly ROI, why would they be wasting time with a dubious looking investment opportunity?
Not only that but recruitment and residual commissions eat up a large percentage of invested funds, leaving not much to purportedly invest in diamonds.
Certainly not enough to generate a perpetual 5% weekly ROI, if that’s even possible with diamonds to begin with.
The only verifiable source of revenue entering Pay Diamond is affiliate investment, the use of which to pay a weekly ROI makes it a Ponzi scheme.
The recruitment and residual commissions are incentives to attract new investors into the scheme, adding an additional layer of pyramid fraud.
As with all Ponzi schemes, once affiliate recruitment dries up so too will new funds entering the scheme. This will see Pay Diamond unable to meet its weekly ROI obligations, prompting a collapse.
Due to the 50 week maturity period, by the time affiliates realize Pay Diamond has collapsed the majority of them will have already lost money.
Best of luck getting it back from anonymous admins hiding out in South America.