Fortune Maker Review: Bitcoin cycler Ponzi resurrected
Fortune Maker operate in the advertising MLM niche.
On its website Fortune Maker provides an incomplete address in the US state of Wisconsin.
On the executive side of things Fortune Maker name Mark Chin as Founder and Chuck Dhuey as President.
Prior to founding Fortune Marker, Mark Chin was promoting the failed Divvee opportunity.
Chuck Dhuey (right) first appeared on BehindMLM in connection with My BitByBit Empire.
My BitByBit Empire appeared to be an email list builder with roots in the 4 Corners Alliance Group pyramid scheme.
Dhuey originally launched FortuneMaker last year.
After initially flopping, interest in FortuneMaker picked up last month, primarily from the UK, US and Portugal.
Read on for a full review of the Fortune Maker MLM opportunity.
Fortune Maker Products
Fortune Maker has no retailable products or services, with affiliates only able to market Fortune Maker affiliate membership itself.
Fortune Maker affiliate membership provides access to advertising credits, which can be used to display advertising to other Fortune Maker affiliates.
The Fortune Maker Compensation Plan
Fortune Maker affiliates purchase positions in a four-tier matrix cycler.
Matrix sized used in the Fortune Maker cycler are 3×3 and 3×6.
A 3×3 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions)
The third level of the matrix is generated in the same manner and houses 27 positions.
A 3×6 matrix expands the matrix by an additional three levels, housing 81, 243 and 729 positions respectively.
Positions in the matrix are filled via direct and indirect recruitment of Fortune Maker affiliates.
Commissions are paid as positions in the matrix are filled, depending on which cycler and level of the matrix is filled.
A new affiliate starts out by purchasing a $30 position in Fortune Maker’s first 3×3 matrix cycler.
The second cycler is $100, the third $1000 and the fourth $10,000.
Commissions paid across Fortune Maker’s four cyclers are as follows:
- Matrix 1 ($30, 3×3 matrix), level 1 – $2 per position filled
- Matrix 1, level 2 – $3 per position filled
- Matrix 1, level 3 – $25 per position filled
- Matrix 2 ($100, 3×6 matrix) level 1 – $2 per position filled
- Matrix 2, level 2 – $3 per position filled
- Matrix 2, levels 3 to 5 – $10 per position filled
- Matrix 2, level 6 – $15 per position filled
- Matrix 3 ($1000, 3×6 matrix), level 1 – $20 per position filled
- Matrix 3, level 2 – $30 per position filled
- Matrix 3, levels 4 to 5 – $100 per position filled
- Matrix 3, level 6 – $150 per position filled
- Matrix 4 ($10,000), 3×6 matrix), level 1 – $200 per position filled
- Matrix 4, level 2 – $300 per position filled
- Matrix 4, levels 3 to 5 – $1000 per position filled
- Matrix 4, level 6 – $1500 per position filled
A 50% matching bonus on cycler earnings of personally recruited affiliates is also paid out (matrices 2 to 4).
Note that Fortune Maker tie up commissions until the next level cycler is paid.
The first lockup tier is 120 days, within which an affiliate has to earn enough in the $30 matrix to “upgrade” to the $100 matrix.
The second lockup tier is 300 days, within which $10,000 must be generated to upgrade to the fourth cycler tier.
If these lockup periods expire without generating the required targets, only then is an affiliate able to withdraw what they have earned.
From the third and onward personally recruited affiliates who buy into the $100 matrix, a 25% recruitment commission is paid on all $100, $1000 and $10,000 cycler position purchases.
In turn, 25% commissions on the first two $100 cycler affiliates recruited by personally recruited affiliates pass up to you.
Joining Fortune Maker
Fortune Maker affiliate membership is tied to a minimum $30 matrix cycler position.
Full participation in the Fortune Maker MLM opportunity costs $11,130.
I’m not sure why interest in Fortune Maker picked up again last month, but it’s likely due to similar scams collapsing and victims looking to recover their losses.
I could be wrong but I don’t recall Mark Chin being involved in the original launch. Perhaps Fortune Maker is being heavily pushed on Divvee victims.
At its core Fortune Maker is nothing more than a bitcoin-based Ponzi cycler.
New affiliates sign up, invest and then receive a ROI paid out of subsequent investment.
Pyramid recruitment ties Fortune Maker’s business model together, adding an additional layer of fraud to the scheme.
In any event, cycler Ponzis primarily benefit those running them.
Through one or more preloaded admin positions, Chuck Dhuey will receive most of the money invested into Fortune Maker.
This occurs due to his admin positions entering first into the upper cycler tiers.
A few early adopters will make a bit off the recent activity, however most who’ve recently joined since the initial collapse are just throwing money away.
(Ozedit: Offtopic derail attempts removed)
I am easily identified and found as one of the owners and developers of FortuneMaker. FortuneMaker has no affiliation with the 4 Corners Alliance. I don’t even know who they are.
I’ve been operating my own network marketing company for the past 11 years selling nutritional products.
FortuneMaker did not launch last year. I registered the domain in March and began to work on the programming for it.
My Bit by Bit Empire was developed by Mark Chin as a marketing tool to prior to and in anticipation of FortuneMaker’s eventual launch.
FortuneMaker launched in the recent weeks of April … it was a soft launch as we worked through any programming issues.
FortuneMaker offers 30,000 banner ad impressions for $30 worth of crypto currency.
The traffic to these banner ads are primarily opportunity seekers. It is the only out of pocket purchase that can be made.
All other upgrade purchases must be paid for from commissions earned. People can elect to purchase as a customer and they do not enter into the matrix and participate in the income opportunity.
FortuneMaker is not a cycler matrix nor does it involve a progressive series of matrices.
I cycler requires that once your matrix is filled, you cycle and re-enter the first available position in your sponsor’s current matrix.
This is not the case with FortuneMaker. If your 3 wide by 6 level deep matrix is filled, then the first available position is on your 7th level.
We pay out 100% of the $30 crypto currency value to each of 3 people above the participant in the matrix.
When this is filled with 3 people first level, then 9 people 2nd level and 27 people 3rd level, the participant will have received $708 in total commissions paid in crypto currency. We accept BTC, BCH and ETH.
In the course of acquiring the $708 potential, when the participant achieves $120 in value in their FortuneMaker commission account, they are automatically upgraded into the $100 product and are provided with 10,000 more ad credits that will be used to provide 100,000 banner ad impressions.
The $100 purchase, and later upgrade purchases, are payable in a 6 level matrix. It is the same matrix structure they entered when they made their initial purchase with out-of-pocket crypto currency.
50% of the purchase is paid out 6 levels up. The sponsor of these commission recipients receives a 50% match of these pay outs. That is another 25% of the purchase price.
The remaining 25% of the purchase price is paid to the coded upline of the buyer. That’s a 100% pay out.
When the $100 purchase is made, a $20 monthly admin fee is initiated. The following month on the anniversary date of their $100 purchase, another $20 fee is assessed.
If they do not have the $20 in their commission account, but have less, that amount is assessed. If they have no balance in their commission account, no fee is assessed.
They will never owe admin fees in arrears. FortuneMaker administrators only collect the monthly fee if the participant is earning commissions.
Members can withdraw 20% of their commissions earned when they achieve the $100 product purchase. They can withdraw 50% of commissions earned when they achieve the $1000 purchase.
100% of commissions earned are available to them when they achieve the $10,0000 purchase.
If they fail to achieve the $100 purchase within 120 days of their initial $30 purchase, 100% of their commissions are available for withdrawal.
If they fail to achieve the $10,000 purchase within 300 days of their initial $30 purchase, 100% of their commissions are available for withdrawal.
Again there is only one 3 wide by 6 level deep matrix. There are no “matrices 2 thru 4”.
Members are qualified to receive commissions on products they have already purchased. If someone below them achieves that purchase level before them, the commission is compressed above them to a participant who has achieved that level of product purchase.
The value of 30,000 banner ad impressions offered for $30 worth of crypto currency is a compelling reason to make the purchase.
An exciting income potential is also offered in the matrix. It is also a very efficient way to acquire crypto currency with no risk.
Ponzi schemes, by definition, are investment scams where participant are offered exorbitant returns ostensibly legitimized by false reports of trading returns, when in fact earlier investors are receiving money from more recent investors.
FortuneMaker does not offer a return on money or investment. It is not a Ponzi scheme.
FortuneMaker offers a very good advertising value. Later participants in the income opportunity for offering this advertising product to the public can earn more than the owners of FortuneMaker.
It will depend on the marketing efforts of their organization as with any other network marketing opportunity.
The administrators of FortuneMaker will be focusing much of their time and effort in developing and providing marketing tools to assistant participants in offering the product to the public.
I have been in this industry for a great many years and have an excellent reputation. I have never defrauded anyone. I would ask you not to misrepresent who we are and what we offer again.
co-owner and administrator of FortuneMaker
So how did the Four Corners Alliance Group wind up on the My BitByBit Maker website?
You registered the domain in March, 2017 and the website with compensation plan was live from at least November, 2017.
A flop is a flop.
The SEC doesn’t care what you add to a Ponzi cycler. The “adcredit makes fraud legit” myth has already been busted.
Sure it does. The FortuneMaker website details four separate matrices, M0 to M4.
Affiliates cycle from one to the other at an increased cost.
Trying to hide behind one particular technical definition of a cycler doesn’t change the fact that by nature FortuneBiz is four-tier Ponzi cycler.
Ponzi schemes use newly invested funds to pay off existing investors.
In FortuneMaker I invest $30 and am then paid a ROI from subsequent $30 investments.
This process of using receiving newly invested funds after my investment continues through the $100, $1000 and $10,000 cycler tiers.
If you’re going to run cycler Ponzis at least own your thievery. You owe your victims that much.
Oh, joy. A man with an entry in The Encyclopedia Of American Loons.
Mr. Dhuey, have you even bothered to read your own state’s definition of what a pyramid scheme is? Or rather, I should say, what a “chain distributor” scheme is, given the wording of the law there in Wisconsin.
Oh dear, not another scam scheme offering “banner ad impressions”
Didn’t you learn anything from the collapse of Banners Broker and Traffic Monsoon, Chucky ??
Pyramid / ponzi or ponzi / pyramid ??
Who cares ????
A fraud by any other name is STILL a fraud
MARK CHIN who failed with DIVVEE, and lives in the 1980’s MLM world, will drive FORTUNE MAKERS into the ground.