AdminPayMe Review: Four-tier $5-$100 Ponzi queues
There is no information on the AdminPayMe website indicating who owns or runs the business.
The AdminPayMe website domain (“adminpayme.com”) was registered on the 22nd of February 2015, however the domain registration is set to private.
Further research reveals that most of the promotional material for AdminPayMe is in languages from south-eastern Europe.
Reflecting this is Alexa’s traffic statistics, which estimates that Serbia and Croatia make up a combined quarter of all traffic to the AdminPayme website.
Given this, it’s likely that whoever is running AdminPayMe is based out of one of these countries.
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 AdminPayMe Product Line
AdminPayMe has no retailable products or services, with affiliates only able to market affiliate membership to the company itself.
Once signed up, AdminPayMe affiliates can then purchase positions in the company’s compensation plan.
Bundled with each position purchased are a series of internet marketing orientated digital products.
The AdminPayMe Compensation Plan
The AdminPayMe compensation plan sees affiliate purchase positions in one of four straight-line queues.
The mechanism of these queues is the same, with two new positions required to be purchased before the position at the top of the queue is paid on.
Once a paid out a position expires (cycles), all positions in the queue move up a place. The process then repeats itself, requiring two new positions to be purchased again.
Here’s a breakdown of the four straight-line cycler queues AdminPayMe operate:
- Queue 1 – positions cost $5 and pay out $8
- Queue 2 – positions cost $10 and pay out $18
- Queue 3 – positions cost $50 and pay out $90
- Queue 4 – positions cost $100 and pay out $180
A 10% referral commission is paid out when personally recruited affiliates purchase a position in any one of the four offered queues.
Affiliate membership with AdminPayMe is free.
Free affiliates can withdraw referral commissions however participation in AdminPayMe’s compensation plan is going to set you back between $5 and $100.
The purchase of any additional queue positions will add to this cost.
When you join a line, your name will be entered into the next to be paid list.
When more people join, your name will move up and when your name reaches the top position after more users join the site, you will receive double your investment instantly paid to you via Payza.
Increase your cash for doing NOTHING!!
With nothing being marketed or sold to retail customers, AdminPayMe simply shuffles newly invested affiliate funds and uses it to pay off existing investors.
Each of the four queues offered can be viewed as individual Ponzi schemes in their own right, with investments in each requiring subsequent investment (2 positions) to generate a ROI.
This is further evidenced by AdminPayMe’s “no refunds” refund policy:
There is ABSOLUTELY NO REFUNDS. All sales are final.
The reason AdminPayMe can’t offer refunds, is because when you invest money with them they use it to pay off existing investors.
As with all Ponzi schemes, once new investment in positions dries up the scheme collapses.
With AdminPayMe being a queue-based scheme, this will manifest itself by way of the queues stalling and nobody cycling anymore.
When that happens, anyone with funds still trapped in the system loses out (aka “AdminPayAdmin”).