AutoMoneProfit Review: Paul Rice turns $12 into $16,270?
A marketing spiel on the AutoMoneProfit website is signed off on by Paul Rice.
This matches the 12th of August 2015 AutoMoneProfit domain registration, which also lists Rice as the owner. An address in Devon, England is also provided.
Both recruitment scams launched within weeks of eachother, Wealth Cash Maker and Infinity Money Line collapsed shortly after launch.
2012 in general was a busy year for Rice, with no less than six dubious schemes launched in the first quarter.
Recent opportunities Rice has been involved in as an affiliate include All In One Profits (cash gifting), CashAdStream (matrix recruitment), CashBotClub (Ponzi cycler), The Viral Franchise (cash gifting) and x100K (matrix recruitment).
Read on for a full review of the AutoMoneProfit MLM business opportunity.
The AutoMoneProfit Product Line
AutoMoneProfit has no retailable products or services, with affiliates only able to market AutoMoneProfit affiliate membership itself.
The AutoMoneProfit Compensation Plan
The AutoMoneProfit compensation plan sees affiliate purchase $12 matrix positions, which are then pushed through a series of seven matrix cyclers.
The first matrix used is that of a 4×1, requiring four subsequent position purchased to be filled before a $20 commission is paid out.
Upon cycling out of the first matrix, an affiliate is also given re-entry back into a new first and Stage 1 Matrix.
The Stage 1 Matrix is a 2×3, requiring fourteen positions to be filled before a $50 commission is paid out.
Upon cycling out of a Stage 1 Matrix, an affiliate is also given two new positions in the first matrix, one position in a new Stage 1 matrix and one position in a new Stage 2 Matrix.
The Stage 2 Matrix is a 2×2, being one less level deep than the Stage 1 Matrix.
Upon cycling out of a Stage 2 Matrix, an affiliate is paid $50 and given a new first matrix position, a new Stage 2 Matrix position and a new Stage 3 Matrix position.
The Stage 3 Matrix is a 2×2, the same as used for the Stage 2 Matrix.
Upon cycling out of a Stage 3 Matrix, an affiliate is paid $50 and given a new first matrix position, a new Stage 3 Matrix position and a new Stage 4 Matrix position.
The Stage 4 Matrix is another 2×2, with an affiliate paid $100 per cycle. They are also given a new first matrix position, a new Stage 4 Matrix position and a new Stage 5 Matrix position.
The Stage 5 Matrix is a 2×3, the same size as that used for the Stage 1 Matrix.
Upon cycling out of a Stage 5 Matrix, an affiliate is paid $1000 and given two new positions in the first matrix, a new Stage 5 Matrix position and a new Gold Matrix position.
The Gold Matrix is a 2×5, containing two more levels than the 2×3 matrix used in Stages 1 and 5.
Upon cycling out of a Gold Matrix, an affiliate is $15,000, two new positions in the first matrix and a new Gold Matrix position.
Referral commissions are paid out when personally recruited affiliates cycle out of the four offered matrix tiers as follows:
- first matrix = $20
- Stage 1 Matrix = $50
- Stage 2 Matrix = $10
- Stage 3 Matrix = $25
- Stage 4 Matrix = $40
- Stage 5 Matrix = $500
- Gold Matrix = $5000
A $2 commission is also paid out when a newly recruited affiliate purchases their first $12 matrix position.
Basic affiliate membership with AutoMoneProfit is free, however free affiliates can only collect referral commissions via the activity of affiliates they recruit.
Full participation in the AutoMoneProfit income opportunity requires the purchase of at least one $12 matrix position.
Following on from where he left off in 2012, with AutoMoneProfit Paul Rice offers up yet another matrix-based recruitment scheme.
This one functions more like a Ponzi scheme, with affiliates pumping $12 into matrix positions on the promise of an advertised $16,270 ROI.
That’s a staggering 1355 position purchases per ROI, which in reality is even more once you factor in referral commissions.
And it gets worse, because those 1355 positions each require 1355 position purchases to mature. That’s over 1.8 million positions, and from there things get beyond ridiculous.
As with all cycler Ponzi schemes, once recruitment of new affiliates slows down so too will the cycle commissions paid out.
Being a matrix-based scheme, this will manifest itself by way of commissions paid out slowing down before stopping altogether.
At that point AutoMoneProfit will have stalled, which is about as collapsed as a matrix scheme can get.
As he’s done in the past, Paul Rice then keeps any funds still pegged to uncycled matrix positions and moves onto something else.