Paid In Circles Review: Four-tier $7 matrix cycler Ponzi
Paid In Circles provide no information about who owns or runs the company on their website.
WHO ARE THE OWNERS?
There are no owners in this system.
The Paid In Circles website domain (“paidincircles.com”) was privately registered on June 2nd, 2017.
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.
Paid In Circles Products
Paid In Circles has no retailable products or services, with affiliates only able to market Paid In Circles affiliate membership itself.
Paid In Circles affiliate membership provides access to a “product package” and adcredits.
The Paid In Circles Compensation Plan
Paid In Circles affiliates pay $7 for a position in a four-tier matrix cycler.
Matrix sizes used in the Paid In Circles cycler include 2×1 and 4×1.
A 2×1 matrix places an affiliate at the top of a matrix with two positions below them:
A 4×1 matrix is similar in nature but houses four positions to be filled.
Positions in each matrix are filled via direct and indirect recruitment of new Paid In Circles affiliates.
When all positions in a matrix are filled, a “cycle” is generated and a commission is paid out. The position also cycles into the next tier of the cycler.
Commissions across Paid In Circles four matrix cycler tiers are as follows:
- Circle 1 (2×1 matrix, positions cost $7) – no commission paid and cycles into Circle 2
- Circle 2 (4×1 matrix) – no commission paid and cycles into Circle 3
- Circle 3 (4×1 matrix) – $40 commission and cycles into Circle 4
- Circle 4 (4×1 matrix) – $168 commission, generates two new Circle 1 and Circle 2 positions and one Circle 3 position
Referral commissions are paid when personally recruited affiliates cycle out each cycler tier as follows:
- personally recruited affiliates cycles out of Circle 1 = $2 referral commission
- personally recruited affiliate cycles out of Circle 2 = $2 referral commission
- personally recruited affiliate cycles out of Circle 3 = $5 referral commission
- personally recruited affiliate cycles out of Circle 4 = $40 referral commission
Note that some of the money paid for each cycler position is held by Paid In Circles as a “subscription wallet” fee.
Joining Paid In Circles
Paid In Circles affiliate membership is free, however affiliates must purchase at least one $7 matrix position to participate in the attached income opportunity.
Subscription fees are also payable each week, however these are automatically taken out of commissions earned:
Every member has a subscription wallet where a small part of commissions will be reserved for weekly subscription payments.
The system will automatically get everyone a new subscription every 7 days if they have funds there.
If the subscription wallet balance is $0, no fees are paid.
Paid In Circles’ matrix cycler sees $7 paid in by each affiliate on the promise of an eventual $208 ROI.
The ROI is sourced from subsequent cycler position purchases, meaning Paid In Circles operates as a Ponzi scheme.
The need for affiliate recruitment also adds an additional pyramid layer to the scheme.
AM I REQUIRED TO RECRUIT OTHER MEMBERS?
There is one mandatory requirement in our system. You must participate to earn here.
We can not and will not tell you that you can join us and do nothing to help us grow and earn.
As with all Ponzi schemes, once affiliate recruitment drops off so too will newly invested funds.
Being a matrix cycler, this will see matrix tiers stall. Once enough matrices have stalled company-wide, an irreversible collapse is triggered.
When the inevitable collapse hits, the majority of Paid In Circles affiliates lose their money.