Get Paid Magic Review: Recruitment isn’t magic
There’s been a lot of investment scheme MLMs popping up lately and most of them either bundle some product or service with your investments, or make you complete some rudimentary task believing that this separates them from a Ponzi scheme.
Unfortunately it doesn’t because at its core, if you’re paying out existing members a return on their investments with new money injected into the system, regardless of what products are bundled with the investments or what meaningless tasks you have your members doing, you’ve still got yourself a scam.
Read on for a full review of the Get Paid Magic MLM opportunity.
Get Paid Magic make no mention of who is running the company or owns it on their website.
The domain getpaidmagic.net WHOIS registration information however lists a ‘Tim Carlson’ as the administrative contact for the company.
Carlson appears to be operating out of Scranton in Pennsylvania and has launched numerous dubious sounding opportunities in the past.
The more prominent and relevant to this review of these launched businesses would be appear to be ‘Daily Pay Tripler’, an investment based MLM scheme.
More on the relationship between Daily Pay Tripler and Get Paid Magic in the conclusion of this review.
The Get Paid Magic Product Line
Get Paid Magic offer no retail products or services. Instead, upon paying a membership fee, members are provided with advertising credits that they can then use on an inhouse advertising network.
This advertising network displays various ads on the Get Paid Magic website.
The Get Paid Magic Compensation Plan
The Get Paid Magic Compensation plan is a basic 1-up system. Members are paid out a commission for recruiting new members to the company, with the first membership sales commission being passed up to a member’s upline.
There are four different levels of Get Paid Magic membership, each paying out a different commission:
- $10 membership = earn $10 per member recruited
- $25 membership = earn up to $35 per member recruited
- $50 membership = earn up to $85 per member recruited
- $100 membership = earn up to $185 per member recruited
Note that the commission earnt depends on what membership level is being purchased.
Members must purchase each level of membership individually to qualify for commissions at each membership level.
The 1-up system works in that when you recruit your first new member, the commissions for that sale go to your upline. Everybody else you recruit after that you earn a commission on (as per the rates above).
In turn, each member you sign up then passes their first commission up to you, then keeping the commission earnt for each subsequent member they sign up.
Joining Get Paid Magic
Get Paid Magic has four levels of membership – $10, $25, $50 and $100. Various levels of advertising credits are included with each type of membership but the main difference is the commissions offered.
The more you pay in membership fees the more you can earn per new member signed up.
Breaking down the Get Paid Magic compensation plan reveals that it’s pretty much just a cash gifting scheme between members. With $185 being the total spend to purchase all four levels of membership, money is merely shifted between members once membership fees are paid.
The company itself makes its money by charging 20% on all cash outs made (indicating that until a cash out is made, all commissions are virtual).
Mentioned earlier, the admin of Get Paid Magic is Tim Carlson. Carlson’s primary MLM business is Daily Paid Tripler.
Here’s how Daily Paid Tripler describe their business:
Basically, You Earn 2.5% per Day for 60 days.
No sponsoring Requirements.
Use Daily Compounding to Increase Your Earnings!
Or in other words, it’s a straight up ponzi scheme. The trouble with ponzi schemes is that eventually they run out of newly invested money to pay existing investors.
Launched in December 2011, it appears to be where Daily Paid Tripler is at or very close to this point.
About a week ago the company announced it was restricting members from cashing out only on Fridays, effectively giving the company an extra two days on the weekend to process payments (and come up with excuses if they can’t).
In another update recently sent out to Daily Paid Tripler members, Carlson wrote
DPT is our anchor program and we have plans to add more projects, both offline and online to add on to the income for DPT. And there are even more projects to come.
DPT is in for the longer term and won’t solely depend on sales of tripler positions but will drive income from external sources, both offline and online.
External sources you say? Well, I guess that explains the launch of Get Paid Magic then.
Get Paid Magic is a recruitment scam that itself will have problems once people stop joining. So what happens then? Launch more scams to keep the scams you’ve already got running going for as long as possible?
Good luck with that Tim.
Footnote: I’m not sure if it’s the same guy, but a Tim Carlson was busted back in 2009 for participating in Nigerian based check scam.
A Federal complaint obtained by CBS13 says that a Diamond Springs couple was helping to spread what Postal inspectors called “high quality” counterfeit postal and money orders.
The court documents say Susan Bickar and Tim Carlson were receiving packages from Benin, West Africa filled with money orders valued at $925.15 apiece.
Customs officials had intercepted a package filled with 97 suspected counterfeit money orders in Los Angeles. All of them had an Albertson’s logo on them with a total value of nearly $400,000.
Postal Inspectors say that Bickar and Carlson would take the fake money orders and mail them via FedEx and UPS to people across the United States.
Bickar claimed in a confession that she was doing this as a work-from-home job that she had found on the Internet She would send the checks and would get paid every week, depending on the number of checks she sent out.
She allegedly received 3-4 parcels a week that contained these fake money grams from Lucky’s and Albertson’s. Her bosses claimed to be from the United Kingdom, but she suspected they were in Nigeria.
She suspected that the checks were counterfeit, and even tried to cash one at a Wells Fargo. The bank told her the check was counterfeit.
Bickar’s husband, Tim Carlson, says he was told to separate the packages and send them from several UPS boxes throughout the community so it wouldn’t raise suspicion with anyone.
Carlson says that was a “red flag” for him and he was suspicious, but since he was unemployed and Bickar was on disability, they needed additional income.
When Federal officials searched Bickar and Carlson’s home, they found 340 fake checks totaling over $6 million dollars.
There’s a Diamond Springs in Pennsylvania, so it might very well be the same Tim Carlson behind Daily Paid Tripler and Get Paid Magic.