Ultimate Cycler Review: Peter Wolfing’s latest cycler scam
Ultimate Cycler launched in 2013 and on its website names Peter Wolfing as CEO.
In the footer of the Ultimate Cycler website a copyright claim by “Beyond Multiplex Systems” is present.
Peter Wolfing is the President and owner of Multiplex:
Prior to Ultimate Cycler, Wolfing (right) launched Turbo Cycler and Infinity Downline.
Turbo Cycler saw affiliates buy positions in matrices that cost $200, $500 and $1000.
Once enough new positions had been bought to fill a matrix, the affiliate at the top of the matrix “cycled” out and was paid a commission.
Infinity Downline was $25 to participate and saw affiliates gift their joining fees to the affiliate who recruited them. Payment of this $25 then also qualified them to recruit new affiliates who in turn would gift them their $25 joining fee.
Read on for a full review of the Ultimate Cycler MLM business opportunity.
The Ultimate Cycler Product Line
Ultimate Cycler has no retailable products or services.
Affiliate membership to Ultimate Cycler is $25, with which is bundled an assortment of apps and internet marketing tools.
The Ultimate Cycler Compensation Plan
The Ultimate Cycler compensation plan sees affiliate’s pay $25 to buy into a 2×2 matrix.
A 2×2 matrix places an affiliate at the top of the matrix, with two positions directly under them (level 1):
In total, there are six positions in the matrix that need to be filled. When this happens, the affiliate position at the top of the matrix receives a commission.
Ultimate Cycler’s compensation plan contains four such matrices, with “commissions” earnt via cycling used to fund positions in new matrices as follows:
- $25 matrix – cycling out pays $15 and entry into a new $25 and $50 matrix
- $50 matrix – cycling out pays $40 and entry into a new $50 and $100 matrix
- $100 matrix – cycling out pays $90 and entry into a new $100 and $200 matrix
- $200 matrix – cycling out pays $190 and entry into a new $200 and $400 matrix
- $400 matrix – cycling out pays $590 and entry into a new $400 and $1000 matrix
- $1000 matrix – cycling out pays $2400 and entry into a new $1000 matrix
Note that, with the exception of the $1000 matrix, a “next level matrix” position is only granted the first time a position cycles out of a level.
This is compensated for with an increase in the cycle amounts paid when these positions subsequently cycle:
- $25 matrix – $75
- $50 matrix – $150
- $100 matrix – $300
- $200 matrix – $600
- $400 matrix – $1200
- $1000 matrix – $2400
These positions remain at the matrix level they were generated at, and are able to continue to cycle out of matrices as long as the matrix they are at the top of is filled.
Joining Ultimate Cycler
Affiliate membership to Ultimate Cycler is $25, which provides an affiliate one $25 matrix position.
Conclusion
Continuing the tradition of Peter Wolfing’s previous recruitment-driven scams comes Ultimate Cycler.
Affiliates buy in for $25 and are then compensated for recruiting new affiliates into the scheme.
Matrices are filled via the recruitment efforts of an affiliate and those they recruit, with recruitment slowing down (no new $25 payments entering the system), effectively gutting it.
Ultimate Cycler offers more matrix levels than Wolfing’s previous matrix venture Turbo Cycler, but the underlying premise is the same.
Bundle a bunch of crap with a matrix position and pretend this isn’t just a pyramid scheme.
From the Ultimate Cycler FAQ:
Yes. The Ultimate Cycler is absolutely legal. We adhere to all state requirements and laws for home based businesses.
Where Wolfing pulled that garbage from I have no idea, but with no retailable products or services being sold and all commissions paid out based on the recruitment of new affiliates, Ultimate Cycler will most certainly fail any regulatory test thrown at it.
Turbo Cycler appears to have died a rather slow death before Wolfing introduced Ultimate Cycler. I imagine those who join later and find it difficult to recruit will be in for a similar ride.
He has a ton of these types of scams that he runs under the Multiplex Systems company name. Another popular one of his is The National Wealth Center.
multiplex systems inc has an A+ BBB rating .
it was incorporated in 1998 , and the reasons provided, by BBB, for this rating are:
-Length of time business has been operating.
-No complaints filed with BBB.
-BBB has sufficient background information on this business.
where does the BBB get off, telling the world it has ‘sufficient background information on this business’?
naturally people are going to keep investing with peter wolfing , if USA’s BBB says he is A+ great !
BBB’s website proclaims : “BBB helps people find and recommend businesses, brands and charities they can trust”.
wiki says BBB is in the top 300 most visited sites in the USA.
however, there has been some controversy that BBB gives high ratings to companies that pay a membership fee.
the point is , if oz and other bloggers advise people that multiplex systems and peter wolfing are cheats ,wolfing&team will just pull up their BBB rating , and people will believe.
The BBB LOL Ok
Better Business Bureau 20/20 Investigation:
that’s RICH !
wonder how the BBB rates ISIS.
Hi, I have received benefits of the Ultimate Cycler program and it indeed worked.
The only challenge is the mind set of the entire world towards such platform and its likes that offers “Member To Member” payments.
Whether you managed to steal funds from later investors is neither here nor there.
There’s a reason Ponzi schemes are illegal the world over. Mathematical liabilities that spiral out of control as the Ponzi ages cannot be ignored.
How can it be a ponzie when members pay members directly?
A Ponzie is when certain people are paid to show how much can be made but there is not enough to pay everyone when the company takes its profits.
Because, like what investors might have had for breakfast this morning, members paying members has nothing to do with the scheme being a Ponzi or not.
…oh dear.
Golly Gee Whiz, that would have to go down in history as one of the top three worst explanations of what constitutes a ponzi scheme
To be fair, Allan did describe what he refers to as a Ponzie scheme.
Maybe this is some new sort of scam we don’t know about yet…
Could be,
Possibly named after Charles Ponzis’ second cousin, Guillermo Ponzie
You are both incorrect. He’s most likely referring to a “Fonzie” scheme.
Arthur Fonzarelli ran many a scam out of Wisconsin during the 50’s (I believe Richard Cunningham and Potsie Weber were somehow involved)
He ran off with Pinky Tuscadero, and may still be wanted in syndication.
A Fonzie scheme hey.
I think we might be onto something…
I’ve heard it all before, people who can’t find enough people to make the cycler work get frustrated with the program,,, it’s all a bunch of gossip and bs as far as I’m concerned ,,,,,
Peter doesn’t have any products for sale,,, WHAT?????? there goes some more bs flying around,,, he offers a lot of marketing tools (that are VERY helpful by the way) for people to promote either UC or their primary business,,,
ponzi fonzi shmonzi ,,,, get real and stop wasting everybody’s time will your ill heart and get to work on learning who to market,,,, who ever the author of this blog is.
None of which are sold to retail customers in any of the scams Wolfing runs.
Spoken like a true Ponzi pimp.
Someone can pay $25 and use the products to promote any business and not participate in the affiliate program… so how is it illegal?
@AC
Because nobody does that. It’s a matrix cycler and only matrix positions are sold.
Whatever is bundled with that (including “but you can sign up without being an affiliate”) pseudo-compliance) is irrelevant.
So if they would added a small retail store and sold more in retail sales than affiliate sales, it would be in compliance?
Nope. Because the affiliate side of the business is still buy a matrix position and recruit others who do the same.
Anything added to or built around that is irrelevant.
Yes they do, they had a lead scraper and phone broadcasting for $25..not sure what they have now
Like I said, doesn’t matter what’s attached – it’s the matrix positions being purchased.
Oz Why are you so opposed to a matrix scheme that does not split where you can get your money back if you help your first enrolee help someone to own their own business for just $25 one time investment all the rest is out of profit?
How are you helping people take charge of their life if all you do is knock people who provide a product the provides genuine education to help people breakthrough their limited thinking?
Perhaps you are knocking because it is not multi level and only pays 2 levels and perhaps you are thinking of spliting matrixes which are a scam.
he would actually have to do that first.
You only need 6 people to follow you to continue to cycle. We know not everyone will find 6 people but why stop at 6? There are only 2 people at the top level and 4 people under them which is your pay line.
If you can’t find 2 people who want to own their own business for a one time investment of $25 to educate themselves with prerecorded webinars to overcome their fear of approaching people then perhaps you won’t earn any money.
However, if you can teach those 2 to find 2 people you will not be able to stop this thing.
You are not paid to help 2 people but if you like helping people and not just hope those 2 will find 2 each and have a system in place to teach those 2 to find 2 each you will be paid $100 which you can use $25 to do the same thing and have $75 profit.
By the way Peter Wolfing will not make one cent if this is all you do. However if you upgrade to the next $50 level Peter will make $10 once only and you will still be in profit.
If you continue to upgrade to the highest level you will eventually be paid $4,725 over and over again as you reinvest the entry fee for into all 6 2×2 matrixes and have 6 people following you and doing the same.
Once again Peter Wolfing will not be making anything as members are paying members directly. Peter makes money the same as we do by building our own business and have people following us to the vacant spot in our own 2×2 forced matrix that is not yet filled.
What do you get when you upgrade? More advertising space for what ever else business you may be involved in. The perfect feeder program with a once only $25 out of pocket investment all the rest is out of profit
Thank God for Peter Wolfing and his willingness to help others start to think and grow rich by owning their own business instead of minding someone else’s business with no control of where the profits are being spent.
Owning your own business scamming others?
How can you consider this even being a “your own business”?
@Alan
Because this particular one functions as a Ponzi scheme.
In a legitimate business, that would read “sell a product to a retail customer”, not “scam someone else”.
Taking charge of your life != getting scammed in Ponzi schemes.
All matrix compensation plans are multiple levels as all matrices have multiple levels.
And those people need 6, who also need 6, who need 6… Yes we get how a Ponzi scheme is reliant on new investment.
Whether or not you can successfully scam people is not the issue, the issue is Ulimate Cycler is a fraudulent Ponzi scheme.
Yes and where do you think that money comes from?
Your victims.
Scammers such as yourself are everything that is wrong with the MLM industry. For shame.
It is not a ponzi scheme, there are no promises of returns. It is not an investment club, so selling of securities, etc.
You invest $25 and if new investors get sucked in, get paid thousands of dollars in advertised ROI (cycle commissions).
That money is paid out of their matrix position purchases, which constitutes a Ponzi scheme.
Your scam 101 excuses are strawman arguments.
You can purchase the marketing tools and resell them, the matrix is just the compensation plan if someone wishes to be a reseller.
What you can and can’t do is irrelevant when you invest $25 and collect a ROI from subsequently invested funds.
(Ozedit: If you’re going to link to the SEC website, try reading it first and then explain why Ultimate Cycler is not a Ponzi scheme)
I read the post and am just flabbergasted by the rant and rave of someone who doesn’t see legitimate products and an income system.
I know of gifting systems that stay private to really be able to help people although I’m not into gifting. Bureaucracy and red tape is sometimes the way people think and live.
I am very unbiased and after I read this blog I looked Peter Wolfing up. I called him and others particularly Dr. Breakthrough who lives and professes the viability of this system. This is what I found out.
They both took my calls and answered the phone! They both explained the exact same thing to me. I signed up and got the products activated in less than 15 minutes! I mildly shared it with over 10 people and we all have been paid!
(Ozedit: Offtopic lifestory removed, if you want to discuss college do it elsewhere)
Cool. Because Ultimate Cycler isn’t a cash gifting scheme, it’s a Ponzi cycler.
You ‘signed up and shared it with over 10 people and we all have been paid!’, which under this business model means you ripped off ten people, who need to rip off ten people etc. etc.
Being wary of gifting schemes doesn’t justify participation in Ponzi cyclers.
As to products, what is bundled with Ponzi positions is irrelevant. You purchased a position you were paid a ROI on sourced from subsequent investors.
That’s all that’s going on here.
Perhaps you should read the reviews and comments for the “Achieve Community”.
Lots of “flabbergasted” type “Oz, you’re clueless” type comments at the beginning.
Oddly enough, those commenters were nowhere to be seen when things went south, as they inevitably do for every fraudulent scheme.
I assume things are slowing down at Ultimate Cycler and the shills are out beating the bushes for new
suckersbusiness by pretending things are just peachy keen.Same tired routine played out again and again on review sites and “HYIP” forums.
Hi folx, I’ve been watching this site for a while.
I am now thinking the strategy of scammers is to basically put out as many matrix pyramid scams as possible, one right after another.
As these scams go belly up,the chief scam maker will always continue to make money even after it has gone downhill, even until it dies.
At the top of course is the SCAMMER IN CHIEF. He if no one else, will ALWAYS make money and just comes up with new scams,D one right after another, to keep making as much money as possible.
Below him (BLOW him!) SCAMMER WANNABEES try to latch on to these scams as early as possible so as to be as high up the pyramid as possible capturing as many other SCAMMER WANNABEES as possible.
This makes up the UPPER LEVEL of the pyramid.
The BOTTOM FEEDER level:
For quite a while there will be a “sweet spot” just below the upper level.
At that level is where these BOTTOM FEEDERS of the upper levels will be able to get a steady supply of new naive gullibles who will join up only to cancel when they inevitably fail in a business /market that is insurmountably stacked against them, the HOPELESS level of the pyramid supporting the BOTTOM FEEDERS who support the profit making UPPER LEVEL above them.
Casinos and lotteries payout better than what this HOPELESS LEVEL will make from pyramid.
Below this HOPELESS level of course it is even worse.
MUCH worse!
This is simply the SUCKERS level!
These SUCKERS will make virtually NO money as they hopelessly try to find SUCKERS themselves.
They, even more so than the HOPELESS levels above them, will actually LOSE money.
The SCAMMER IN CHIEF will continue to be fed by the many levels below him (BLOW him) as long as new SUCKERS can be found by the HOPELESS.
Fortunately for the SCAMMER IN CHIEF, as we all know, There’s a SUCKER born every second!
So that’s:
Scammer in Chief; Wannabe Scammers (profiteers); Hopeless (transient downline); Suckers (virtually no downline); MOre Suckers (zero downline) Suckers (less than zero downline)!
If you all think Ultimate Cycler is a scam. Don’t you think (Ozedit: Offtopic derail attempt removed)
Wake up! It’s on $25 onetime. Not $25 every month. I’ve earned over $5000 from leveraging off UC’s system and I only paid a ONETIME $25.
(Ozedit: Offtopic derail attempt removed)
You’ve scammed $5000 out of a Ponzi cycler. Do you want a cookie?
People assigned to me have not paid, what should I do. Anyway to block?
You want to block people for not losing money to you?
Uh.. ok then.
This’s my question… if u don’t bring anybody will u still be paid?? if yes, for how long??
@Sholabass
The company-wide matrix at this point is far to wide for spillover to have any real effect for new Ultimate Cycler affiliates.
Existing Ultimate Cycler affiliates will continue to get paid until dumbasses like you stop joining and losing money.
Dear Nigerians currently being scammed into Ultimate Cycler:
This is not tech support, so stop leaving comments about not being able to login to your accounts.
If you say so Mr Oz. But i ask you if you tell someone not to pay $25 dollar for a Pile of 5 Products and tell them to go and buy each one for $25 that means the person will be spending $125 is that GOOD or BAD?. I’ll leave that for you to deside.
(Ozedit: Offtopic derail attempts removed)
It’s irrelevant, owing to the fact Ultimate Cycler is a Ponzi cycler.
You’re not “paying for products”, you’re investing in matrix positions through which you scam new investors of their money.
How can this be stopped on time? Nigerians are currently falling over themselves to join because some earlier investors report that they cycled out in less than 7 days without referring anyone. Which in itself is a huge red flag within an already bloodied flag.
This thing is going to crash too soon and leave a 100 M people already battered by recession with bitter pills in their mouth.
Pls tell the US government to shut down the site.
Thanks Fredrich, Oz for the heads up… people have been calling me to sign up. Now I know better.
I hope i can dissuade some of them from plunging into this cesspool of make-believe…. thanks a bunch.
Thanks for the support Dredazzone and good luck!
Mayve getting the spelling right before telling educated people what a Ponzi is Alan 😛
BTW for you cycler pimps you no doubt know the next one due to launch soon is MyCycler .com which Oz has already done a review for?
Quickly now. Another scammer needs your money so spend spend spend. 😛
Why is the wedsite always crashing?
i dont want to believe what am seeing, being trying all day long to access the site but all to no avail. anyone with an idea of whats going on?
It’s a scam, I don’t have problem being scammed, losing $25 isn’t a big deal but gaining $50, $100 and even more is worth gambling with $25.
i have no idea…. why is the site not opening…?
I love Uc family, but so many things needs to be worked on.
The method of receiving payments is something else, why not send strangers unknown to the participants to make the payments.
Their ought to be a way to settle people that finds it difficult to register participants under them.
What is wrong with this site, i have being trying to assess this site since…. Peter Wolfing please can you explain?
Yeah (Website crashing, webpage restructuring, delay of payments, et al) all these are the early signs of a failing pyramid (PONZI!) scheme.
So my dear Samuel I think it’s best for you not to get involved with this scheme, but I fear that this advice is coming rather too late, as you may have already been swindled.
I’m not sure if you are a Nigerian, but if you are, I think you should know better. (MARIAM MOSES, CASH FLOW and their likes… All of which failed, leaving many people BROKE!)
And to those claiming it’s not a pyramid scheme, can you explain what happens to those at the bottom of the pyramid who do not get to bring in a down line?
The scheme is mathematically infinite… And at a point payment won’t be possible again(user to user payment), and that’s when its gonna start crashing. And our dear Peter Wolfing will take that as his cue to start up his next pyramid scheme… Probably named “speedy recycle.com”
@Charles
Scamming != gambling.
You’re literally stealing from people who join after you. Takes a certain type of person to be fine with that.
So u guys re saying this stuff is a scam? Nigerians are so desperate for things like this and its so unfortunate that they feel good about it, some will pray for it to last and not crash.
Im into it but i just dont know if its a scam or not. After next week im out of it!
Currently the site cant be surfed and people are worried. Well lets see what goes up in the next few hours. OZ do u knw abt (Ozedit: search bar is on the top right of every page)
If I’m understanding correctly;
Recently a bunch of Nigerians pumped money into a 2014 cycler that had already collapsed. Before most of them could make any money Peter Wolfing took the site offline.
…working as intended?
Whoa! Wish I had come across this site 48 hours ago. Pity.
i have been trying to login to enable me register people under me, but the site keep saying; Be right back.
so people down here in Nigeria are scare, saying the site is a scame. thanks.
Some persons may faint if this site doesnt open up.
It is over 12 hours now yet one can’t access the sight what actual is going on?
What does the “BehindMLM” blog have to do with the website of a recruitment based pyramid cycler run by a serial fraudster being unavailable, other than the fact Oz warned people it was going to happen ???
if this is actually a scam peter wolfing, u wld v succeded in killing a bunch of Nigerians.
I took my time reading all comments here. If the ultimatecycler is a scam, why wouldnt surpose regulatory authorities hinder it from surfacing? Do anyone just lunch out a scam with his real name and identity and not be apprehended? Why hasnt Mr peter been aprehended? I thought crimes like this were done on disguise?
Anyway how about the rest (Ozedit: offtopic derail attempt removed)
We all felt that the creator of sites of this nature like ultimatecycler, and MMM are been paid by the number of traffic on their site.. i.e millions of people who log in to transact. Else how do they make their money?
Whats their gain since there is no money paid to a central account? Mr Oz i think you should respond to this… I dont like to argue, its my nature to watch, listen and learn before i respond, so educate me more… can you please respond?
@O-Nuel
Because regulation is reactive. You can’t shut down a Ponzi scheme before it’s launched.
Ultimate Cycler was a small potatoes scam when it launched in 2014. It had long-since collapsed before someone in Nigeria recently began promoting it.
Outside of Nigeria however the scam has been dead for some time.
Paid by whom?
The only verifiable source of revenue entering Ultimate Cycler is affiliate money spent on cycler positions. This money is used to pay out cycling positions, making Ultimate Cycler a Ponzi scheme.
The admins preload positions before the scheme launches. Most of the money is passed up to these positions and kept.
You, the affiliates, get what’s left.
They are, just not in the way you were thinking.
Tons of people join scams like Ultimate Cycler thinking they are legit. Some don’t care but a fair percentage are uneducated about Ponzi schemes.
The scams themselves disguise themselves as legitimate opportunity and people are duped.
Incredible! Hey guys, my question is how does the CEO (peter wolfing) make money when the participants pay directly to each others bank account?
an how do I scam people by making $100 when I invest $25?
i knew this was a scam and am fine with it because i didn’t lose… my only fear is that the people who paid under me are scared..
what i don’t like about this is your friends paying directly to you.. i feel bad now that the site has shut down. should i return back there money?
@Wisdom
Pre-loaded positions the bulk of deposited funds are eventually passed up to.
Simple, you’re scamming $100 from four people who joined after you. They have to scam four people each etc. etc.
Eventually the scam collapses. Infact sounds like it already has.
@stan
If you have a conscience.
Otherwise fuck em, you made your money. Screw everybody right?
This ridiculous. then what are the govt doing about all these shit. I never new and I just wanted to sign up this morning before I saw this.
oz please are you really sure the site has been shut down or I shouldn’t give up yet…
the truth is that I was tricked into joining it with the believe that whether you bring no one you will still be paid..
Nigerians can deceive people just for there selfish greed.
I’m not telling you to do or don’t do anything.
Ultimate Cycler is a Ponzi scheme and by promoting it you are a scammer. What you do next is on you.
I need a reply please, is that this website have crashed or……..? I don’t really understand, who then is to return the money I used in registering?
I dnt knw Weda it’s a scam or not bt we Nigerians r enjoying it while it last. We r hopeful dat the site will b back as promised.
Let’s jst kip our fingers crossed. For me am going to enjoy it while it last bt peter pls do something and put all those doubting Thomases to shame.
@raliyat
Bs. you should be sharing this with people in other to save them from being scammed. why are you indirectly promoting it.
Are telling me to keep my fingers crossed as well, hoping that it will work again?
if this website have crashed then am a lucky dude, I just registered yesterday but I have not paid the guy that registered me, am not paying him until the website is back.
Please the site should open I need my money back……peter wolfing do something about this….. clean this mess so many people money are at skate here.
I think he has slept of like Baal…and his “prophets” calling on him for over 48hrs now, to no avail. Meanwhile i’m as confused asf.
I dont wanna start beating my chest “had i known”. Hoping for a good turn out soon. #BEING OPTIMMISTIC
Enjoy what ????
Are you some sort of masochist who enjoys being ripped off ??
The site is now opened. No need for panic.
Please for some days we fined it difficult to long in into the ultimatecycler website and that made people to afraid.
Some of you Nigerians on here whining makes me sick. No one forced you to invest your money, Even if it’s a scam, losing 12500 Naira won’t make you commit suicide.
(Ozedit: Offtopic derail attempt removed)
If any of you paused to think, you’ll have found out that it’s the server that needs to be upgraded because of the crowd coming in at once.
the site is not opening yet, lets just wait and see . if not for the fact that Nigerians are having issues with making amends with their patterns of administration thereby causing hardship on the entire masses i don’t see any reason why we should be much involved.
it was in the bid of making ends meets that made them subscribe to it. lets hope the site comes up so that people wont start dieing.
I knew it was a scam from the onset, I wanted to take the risk Bt I decided to say No to it.
we Nigerians get duped out of this ponzi scheme because of greed. I was a victim of Marian moses, once beaten twice shy to got to my head.
I knew it was going to come to this Peter or whatever the name is u gat to work on this thing r else Nigerians will start swearing for u and ur entire generation.
Its not funny at all.for this kind recession abeg no give pipu high blood pressure. Tnx
OZ,
You have killed me, i’ve been laughing like a jack ass since i got here…
(Naija wey be king of scam just got scammed), am sure they are knew it will crashed, they were just praying to cash first…
anyways am still laughing ‘scam your friends and they scam their friends” (Ultimate Cycler)
I made my cash in two days but I’d be disappointed If this scam is real.
It has not crashed. I just spoke with Peter. The site will come up with new and exciting packages next week. Do not panic.
If its becuase of too much traffic…
(1) Why is it showing 404 Error Message meant for higher traffic and upgrading?
(2) Why did he not make more provision when he saw the number on surfers increasing?
(3) After 2days (48hours) upgrading isn’t yet launched?
All this bring one take two without stress is not my type of thing.
Just pray this Error message clears else it’ll be mass burial down here in Nigeria…
-OBSERVER-
This site looks like a scam to me my bros.
Why is this site not working, peoples money hanging. Sorry I’m just been disturbed by those I put into this website.
Please ultimatecycler should return my money oooo it is too much.
Well i think the site will be back soon.
peter wolfing uploaded a youtube video yesterday addressed to ‘hey princes!’.
so, the list of excuses includes – servers cannot handle 100,000 [!!] people joining up everyday and there are DDOS attacks and the website needs overhauling – so shut up and be patient while ultimate cycler slowly fades out of existence while keeping everybody high on hope.
and of course, sometime next year when wolfing designs a new ponzi, all the nigerian princes can join up again, because he wont repeat all the mistakes he made with ultimate cycler. and everybody will believe him because wolfing really cares about them and was working hard and keeping them updated till the very end of ultimate cycler!
such a nice hardworking honest man!
youtube.com/watch?v=brqT2WqtwUI&feature=youtu.be
And when wolfing scams again and again, he also has your data base of suckers.
the ultimate cycler website now carries a video of peter wolfing announcing that the program will be available again in a ‘few days’.
this video is not dated, so whether you saw the video a few days back or today or see it a few days later, the message remains – coming in a ‘few days’.
the vagueness of the message makes me seriously doubt whether wolfing has any intention of continuing ultimate cycler.
The man is a scam, he thinks he’s smart.
(Ozedit: Offtopic derail attempts removed)
ultimate cycler has digital products which makes it totally legitimate.
Is that what they’re telling people down in Nigeria now?
Bundling products to a cycler Ponzi doesn’t make it any less of a cycler Ponzi.
Using new affiliate funds to pay off existing affiliates makes Ultimate Cycler a scam. Whatever is bundled with that makes no difference.
How interesting that its title mentions no such products, but only about cycling. which is just another name for Ponzi schemes.
Basically, you just admitted the whole thing was a bait and switch.
Ultimate cycler has started working again.
And I don’t see how its a scam when u have member to member payment.
Its all in d mindset.. He in Nigeria we have such local system where member contribute every week and give a particular member.
Because the largest group of affiliates always lose money in the end. Affiliates who joined before them are effectively stealing from them.
Not the same as cash gifting. That’s a zero-sum game. In cash gifting scams the majority of participants always lose money.
You’ve allowed a “similar” system to influence your judgment that you cannot see this one clearly.
I never heard of this SCAM ARTIST PETER WOLFING BEFORE and I went and took up investment funds and placed in ultimate cycler and when I emailed him he was very rude in his ALL-CAPS reply.
What attorney can we use to bring a mass case against him for those of us who want our monies back????
I registered with ultimatecycler for over two months and Have not been paid. Are there no more spillovers as stated earlier?
Did I just throw away my 125000? I dont just get.
It’s a cycler Ponzi scheme. You lose money to pay people who joined before you.
What’s not to get?
I registered with ultimatecycler for over five months have not been pay. yo did i lose my money?
Looks like it. That is after all how Ponzi cyclers work.
Judging by the Alexa figures, UC peaked in February and began a dive which has resulted in a drop in global rank from 47,542 to 25,967 in 30 days.
IOW, it’s dead in the water and your money is long gone.