Money Booster Review: $10 three-tier pyramid scheme
There is no information on the Money Booster website indicating who owns or runs the business.
The Money Booster website domain (“money-booster.com”) was registered on the 14th of November 2015, however the domain registration is set to private.
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 Money Booster Product Line
Money Booster has no retailable products or services, with affiliates only able to market Money Booster affiliate membership itself ($10).
The Money Booster Compensation Plan
The Money Booster compensation plan sees affiliates purchase $10 positions, with commissions paid as subsequent affiliates are recruited.
These commissions are tracked through a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates go on to recruit new affiliates of their own, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Money Booster cap payable unilevel levels at three, with commissions paid out as follows:
- level 1 (personally recruited affiliates) – $2
- level 2 – $3
- level 3 – $4
Joining Money Booster
Affiliate membership with Money Booster is $10.
Money Booster is about as simple a pyramid scheme as you can get, with affiliates buying positions which qualify them to earn on the recruitment of others.
Recruited affiliates also pay a $10 fee, which is used to pay commissions with.
$9 is paid out across three levels of the unilevel team, with $1 presumably retained by the anonymous Money Booster admin. That’s in addition to however many positions he or she has pre-loaded at the top of the company-wide unilevel.
As with all pyramid schemes, once recruitment of new affiliates dries up so too will commissions paid out.
Mathematically only a handful of affiliates who join early profit in such schemes, with the rest of the Money Booster affiliate-base losing out.
Leave a Reply...