Easy Cycler Review: Five-tier matrix cycler Ponzi
There is no information on the Easy Cycler website indicating who owns or runs the business.
The Easy Cycler website domain (“easycycler.com”) was registered on the 26th of October 2016, however the domain registration is set to private.
The official Facebook group link off the Easy Cycler website brings you to a group titled “GreenDayPay”.
GreenDayPay was launched back in August and offers Ponzi ROIs of up to 5.6% a day.
Alexa traffic statistics suggest affiliate recruitment for GreenDayPay bottomed out towards the end of October, likely prompting the launch of Easy Cycler.
The GreenDayPay Facebook group lists two admins, Cynthia Jeanine and Virginia Carter.
The Virginia Carter account appears to be bogus. The account was created back in 2009 but has no content, which is typical of fake profiles put up for sale. Furthermore, at least one of the profile images used in the account has been stolen from elsewhere.
The Cynthia Jeanine account appears to belong to Cynthia Taylor-Iwankow:
Taylor-Iwankow is based out of Canada and seems to use the “Cynthia Jeanine” account only for marketing MLM underbelly schemes. The Taylor-Iwankow account is used as a personal profile.
On her LinkedIn profile Taylor-Iwankow claims she has ‘12 yrs experience in the direct sales industry.‘
This began with Norwex (green cleaning and personal care) back in 2003, after which Taylor-Iwankow joined It Works! in 2011.
Taylor-Iwankow was still promoting It Works! and cites herself as a Presidential Diamond Leader on her LinkedIn profile.
Over the last ten months or so however that appears to have fallen apart, with Taylor-Iwankow taking up residence in the MLM underbelly.
On February 27th, Taylor-Iwankow made the following announcement:
I’m soo dang pumped with the new path I’m travelling. Life is about to get AMPED!!
Multi-stream income is most definitely paying off in a BIG BIG way!!
Fraudulent schemes Taylor-Iwankow has promoted since then include BitDonix (cash gifting), Stiforp (pyramid scheme), ZarFund (cash gifting), My 24 Hour Income (Ponzi scheme), My Paying Ads (Ponzi scheme), GiftoBit (cash gifting), Leased Ad Space (cash gifting), RevCoin (Ponzi scheme), Coince (Ponzi scheme), My Ad Story (Ponzi scheme), Freedom5 (Ponzi scheme), Ultimate RevShare (Ponzi scheme), Uni RevShare (Ponzi scheme), Capital7 (Ponzi scheme), Fort Ad Pays (collapsed Ponzi scheme) and MMM Global (collapsed Ponzi scheme).
Read on for a full review of the Easy Cycler MLM opportunity.
The Easy Cycler Product Line
Easy Cycler has no retailable products or services, with affiliates only able to market Easy Cycler affiliate membership itself.
Once signed up, Easy Cycler affiliates purchase $20 matrix cycler positions.
Bundled with each cycler position are advertising credits, which can be used to display advertising on the Easy Cycler website.
The Easy Cycler Compensation Plan
The Easy Cycler compensation plan sees affiliates purchase positions in a five-tier 2×2 and 3×3 matrix cycler.
A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the two positions into another two positions each (4 positions).
A 3×3 matrix is much the same, only it starts off with three positions on the first level and extends down three levels in total (39 positions):
Positions in the matrices are filled via direct and indirect recruitment of new Easy Cycler affiliates.
Once all positions in a matrix are filled, a “cycle” is generated and commissions are paid out as follows:
- Feeder Matrix (2×2 matrix, positions cost $20) – no commission payout, cycles into Diamond Matrix
- Diamond Matrix (2×2 matrix) – $50 commission, generates a new Diamond Matrix position and cycles into Double Diamond
- Double Diamond (2×2 matrix) – $120 commission, generates a new Double Diamond position and cycles into Triple Diamond
- Triple Diamond (3×3 matrix) – $2000 commission, generates a new Triple Diamond position and cycles into Platinum
- Platinum (3×3 matrix) – $10,000 commission and generates a new Platinum position
A matching bonus is also paid when personally recruited affiliates cycle out of matrix tiers 2 to 5 as follows:
- Diamond Matrix – $10 matching bonus
- Double Diamond Matrix – $40 matching bonus
- Triple Diamond – $360 matching bonus
- Platinum – $3000 matching bonus
Joining Easy Cycler
Easy Cycler affiliate membership is free, however affiliates must purchase at least one $20 matrix cycler position to participate in the attached income opportunity.
Easy Cycler is pretty much more of the same from Cynthia Taylor-Iwankow’s last nine months in the MLM underbelly.
Nothing is marketed or sold to retail customers, with all commissions paid out by Easy Cycler sourced from affiliates.
Under the guise of purchasing advertising, Easy Cycler affiliates invest $20 on the promise of an eventual $12,170 ROI.
Ignoring the matching bonus and non-linear nature in which a company-wide matrix fills, a single ROI payout requires six hundred and nine $20 position purchases.
The actual figure is much higher, which means only the earliest position purchases are going to fill the upper cycler tiers.
Those positions are held by Taylor-Iwankow and friends. Oh and don’t forget all the phantom positions these initial positions create along the way, further draining Easy Cycler of funds whilst providing no new money.
As to the bundled advertising credits;
The Easy Cycler is absolutely legal. The Easy Cycler provides quality products. They are delivered online through our members area.
What you bundle with Ponzi investment is irrelevant, infact the SEC have explicitly clarified that attaching adcredits to a Ponzi schemes doesn’t negate financial fraud.
What’s actually being traded in Easy Cycler are the matrix positions, which serve as a conduit for Ponzi investment.
As with all Ponzi schemes, once recruitment of new affiliates dries up Easy Cycler will be unable to meet its ROI obligations.
Being a matrix cycler, this will present itself by way of matrices taking longer and longer to cycle. Eventually recruitment will drop such that the matrices stall altogether, at which point Easy Cycler will have collapsed.