Wild Matrix Review: $15 a month Ponzi scheme
The matrix + useless advertising MLM business model has been around for a while now, so I’m at a bit of a loss as to why Wild Matrix refer to themselves as ‘classic (but) also innovation’.
As far as I can see there’s nothing innovative about Wild Matrix at all. Read on for a full review.
There is no information on the Wild Matrix website about who owns or runs the opportunity. The domain ‘wildmatrix.com’ however was registered on the 22nd of January 2012 and lists a ‘Tai-Yu Wang’ as the registrant, operating out of California in the US.
Wild Matrix appears to be Tai-Yu Wang’s first MLM business as far as I can tell.
As always, if a 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 Wild Matrix Product Line
Wild Matrix have no product or service available for purchase as a retail level. Instead upon paying membership to the site members are provided with advertising credits which they can use on an advertising network that features on the Wild Matrix website.
The Wild Matrix Compensation Plan
Wild Matrix utilises a 3×6 matrix to pay out its members. The company doesn’t specify the exact amounts per level it pays out but level 1 (3 members) pays out $3 and level 6 pays out $4.50.
These commissions are paid out monthly per member recruited into a Wild Matrix member’s matrix.
Presumably the other 4 levels of the matrix pay out between these two dollar amounts.
Joining Wild Matrix
Membership to Wild Matrix is $15 with a $15 monthly recurring membership fee.
There are a few indicators that Wild Matrix is a typical run-of-the-mill Ponzi scheme.
The company has no retailable products or services, pays out 100% of its commissions from membership fees and is entirely reliant on new members joining the system and existing members paying a monthly membership fee to keep afloat.
That and the company itself pretty much gives the game away in its FAQ:
All you have to do is signup, refer members, and start earning $$$!
No recruitment = no commissions… and that’s pretty much all you need to know about the Wild Matrix MLM opportunity.
The California address is that of the web hosting company.
Who has since moved to Los Angeles
Given the crappy English on the Wild Matrix and the registrant’s name… safe bet that he’s overseas?
This scheme is actually a copy of mylittlesavings.com running from 2010 AFIK. So better if you update the review using mylittlesavings.com
They’re both powered by the ‘EzyGold’ MLM script backend. Beyond that I can’t see a public link between the two opportunities?
Could be the same admin (both using 3×6 matrix) but the website similarities might just be due to the default EzyGold website template used.
I dont think so
My bad, those two pages are identical.
Looks like someone is trying to squeeze the most of their EzyGold script purchase.
Alright just to put it all together,
The details’ page of My Little Savings:
is identical to the Wild Matrix details page:
and both websites are powered by the EzyGold MLM script, indicating the same ownership.
Research on My Little Savings led me to another site, ‘MLSBux’. MLSBux is marketed as a ‘sub-program of My Little Savings’. The domain mlsbux.com names an ‘Eddy Hassan’ operating out of Wentworthville in New South Wales, Australia.
Confirmed via a (now out of date?) LinkedIn Profile:
and a Swom profile where Hassan names himself as the My Little Savings owner.
This is a pretty strong indication that Eddy Hassan is running Wild Matrix. This begs the question as to who this Tai-Yu Wang person is and why their name appears as the registrant of the Wild Matrix domain.
That’s because domain info is hidden by dns-protect.net. Here look at the
Google search of given address
So you’re running with Tai-Yu Wang being an employee?
I think it’s fake.
Heck, I said that first. 😀 (that the address was that of ISP)
Tai-Yu Wang is a real name, but unlikely to be attached to this scheme. I think they just pulled some random name off somewhere. Name’s unique, but no link to MLM can be found. I think it’s a red herring.
MyLittleSavings.com pulled a JS script from DreamTeamMoney.com (line 114 of the main page)
No such link from Wildmatrix.com or other external references except “ads”.
WildMatrix is too new to have much historical analysis available.
MylittleSavings is old enough to see a bunch of OTHER similar schemes, like MLSBux,autopaybux, db-bux, and buxfast link to it, though they are likely just similar ad/HYIP schemes advertising each other, as the incoming links are IMG types.
I don’t think there’s enough to tie Eddy Hassan to Wild Matrix. The first paragraph of the description of the scheme is the same, but that by itself means very little. One could have just cribbed the other’s description of the scheme.
I’ll leave the discussion up but remove the article reference till we’ve got something more concrete. I agree it could just be a copy/paste job with the same idea.
Anybody can buy the EZYGold script and set up a membership commission website with the default themes included. Perhaps this Wang person just modelled Wild Matrix on My Little Savings. The English level on Wild Matrix certainly doesn’t match My Little Savings.