Crowd Cycler Review: Five-tier $235 ROI Ponzi cycler
There is no information on the Crowd Cycler website indicating who owns or runs the business.
The Crowd Cycler website domain (“crowdcycler.com”) was registered on the 5th of October 2016. Eric Lant is listed as the owner, with an address in Brussels Belgium also provided.
The official Crowd Cycler Facebook page lists Jose Filho as the sole admin of the group.
Filho (right) is based out of Brazil and in emails sent out to affiliates refers to Crowd Cycler in the possessive.
Filho himself appears to be running the company, with details provided in the Crowd Cycler domain registration appearing to be bogus.
Earlier this year Filho was promoting Ad Profitizer, a 4% daily ROI Ponzi scheme.
Read on for a full review of the Crowd Cycler MLM opportunity.
The Crowd Cycler Product Line
Crowd Cycler has no retailable products or services, with affiliates only able to market Crowd Cycler affiliate membership itself.
Once signed up, Crowd Cycler affiliates purchase positions to participate in the attached MLM opportunity.
Bundled with each position purchase are a series of ad credits, which can be used to display advertising on the Crowd Cycler website.
The Crowd Cycler Compensation Plan
Crowd Cycler affiliates purchase positions in a five-tier cycler on the promise of advertised ROIs.
- Ladder 1 (positions cost $5) – $5 commission paid and cycles into Ladder 2
- Ladder 2 (positions cost $10) – $10 commission paid and cycles into Ladder 3
- Ladder 3 (positions cost $20) – $20 commission paid and cycles into Ladder 4
- Ladder 4 (positions cost $40) – $40 commission paid and cycles into Ladder 5
- Ladder 5 (positions cost $80) – $160 commission paid and generates a new Ladder 5 position
Note that affiliates can buy-in at $5 and cycle through all five tiers, or purchase directly into the upper tiers.
Crowd Cycler use a matrix to track affiliate ROI payments, however they do not disclose the size of the matrix used.
Referral commissions are paid when Crowd Cycler affiliates purchase matrix positions (either directly or via cycling), through three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 6%
- level 2 – 4%
- level 3 – 2%
Joining Crowd Cycler
Crowd Cycler affiliate membership is free, however affiliates must spend at least $5 on a matrix cycler position.
After getting a taste of the MLM underbelly through Ad Profitizer, Jose Filho appears to have decided to continue his career in scamming.
Crowd Cycler offers up a five-tier matrix Ponzi cycler.
On the raw math side of things, a $5 investment pays out an eventual $235. This requires a minimum of 47 subsequent $5 payments.
Owing to the non-linear manner in which matrices fill and referral commissions paid out, this figure is actually higher.
Regardless, the only source of revenue entering Crowd Cycler is affiliate investment.
The use of newly invested funds to pay off existing investors makes Crowd Cycler a Ponzi scheme.
The bundled advertising credits are neither here nor there, serving only to act as pseudo-compliance for financial fraud.
As with all Ponzi schemes once recruitment of new affiliates dies down, Crowd Cycler will find itself unable to meet its advertised ROI obligations.
Being a matrix-based scheme, this will manifest itself by way of cycling taking longer and longer.
Eventually cycle times will collapse completely, leaving the majority of Crowd Cycler affiliates with a loss.