Lazy Matrix Review: $5-$400 matrix-based Ponzi scheme
There is no information on the Lazy Matrix website indicating who owns or runs the business.
The Lazy Matrix website domain (“lazy-matrix.com”) was registered on the 3rd of May 2015, with an “Ivan S Mihailov” listed as the owner. An address in Russia, Moscow is also provided.
The name Ivan S Mihailov only appears online in connection with the Lazy Matrix domain registration. Whether or not Mihailov actually exists, as represented in the Lazy Matrix domain registration, is unclear.
Alexa currently estimate that some 69.3% of traffic to the Lazy Matrix domain originates out of Russia. Neighboring Ukraine is the second largest source of traffic, coming in at 14.4%.
Of note is that Lazy Matrix uses the name-servers of Zama Host. ProAdzCycler is another scheme that launched recently using the same Zama Host name-servers.
This is unlikely to be a co-incidence.
An official VKontakte social-media group is linked off the Lazy Matrix website. The group currently has over a thousand members and is being run by a “Sergey Buzykin”.
Whether or not Buzykin is the actual admin of Lazy Matrix is unclear.
As always, if an 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 Lazy Matrix Product Line
The Lazy Matrix has no retailable products or services, with affiliates only able to market affiliate membership with the company itself.
The Lazy Matrix Compensation Plan
The Lazy Matrix compensation plan sees affiliates purchase matrix positions in a series of 2×3 matrices.
A 2×3 matrix places an affiliate at the top of the matrix with two positions directly under them (level 1):
The second and third levels of the matrix are formed by splitting the previous level positions into two new positions each.
First level positions split into another four positions to form level 2, which then split into sixteen positions to form level 3.
The total number of positions in a 2×3 matrix is fourteen.
Commissions are paid out as positions in the matrix are filled, with positions filled via purchase by other affiliates.
There are eight matrix levels a Lazy Matrix affiliate can invest in, ranging in price from $5 to $400.
Commissions are paid when all fourteen positions in any purchased matrix are filled, however Lazy Matrix do not disclose matrix commission payout amounts on their website.
After a Lazy Matrix affiliate has filled all positions in a purchased matrix, they are then “cycled” into a new matrix at the same level.
Referral commissions are paid when personally recruited affiliates fill all positions in their matrices, paid out as follows:
- $5 matrix – 80 cent commission and 20 cents into mandatory repurchase account
- $10 matrix – $1.60 commission and 40 cents into mandatory repurchase account
- $15 matrix – $2.40 commission and 60 cents into mandatory repurchase account
- $25 matrix – $4 commission and $1 into mandatory repurchase account
- $50 matrix – $8 commission and $2 into mandatory repurchase account
- $100 matrix – $16 commission and $4 into mandatory repurchase account
- $200 matrix – $32 commission and $8 into mandatory repurchase account
- $400 matrix – $64 commission and $16 into mandatory repurchase account
Funds in the mandatory repurchase account must be put towards purchasing new matrix positions (at any level).
Joining Lazy Matrix
Affiliate membership with Lazy Matrix is free, however affiliates must purchase at least one matrix position in order to participate in the income opportunity.
As such the defacto minimum cost of Lazy Matrix affiliate membership is $5 (the cost of one position in the $5 matrix).
We offer tables starting from 5$ up to 400$ at your choice. It is reasonable that the more value of the opened table the more profitable and beneficial will be your membership!
Join us and you will get guaranteed profit!
With nothing being marketed or sold to retail customers, Lazy Matrix is little more than a matrix-based Ponzi scheme.
Affiliates buy in for between $5 and $400, with a ROI paid out once enough new funds have been invested (in subsequent matrix positions).
Living up to its name, Lazy Matrix don’t even bother do tell prospective investors the ROI amounts at each level, instead hoping they’ll just dive in.
As with all Ponzi schemes, once new affiliate investment dries up Lazy Matrix will find itself unable to meet its ROI obligations.
Being a matrix-based Ponzi scheme, this will present itself by way of matrix cycling slowing down before stalling altogether.
At that point anyone with funds still trapped in uncycled matrices loses out, and “Ivan Mihailov” does a runner with your money.
These Russian scammers using Zama Host seem to be on a roll of late, so you can probably expect similar scams to be launched over the coming months.