PayMeForward Review: 2010 gifting scheme gets a relaunch
There is no information on the PayMeForward website indicating who owns or runs the business.
As of the time of publication, the PayMeForward website is currently parked on a “coming soon” page, advising visitors that the opportunity is going to launch in June 2015.
The PayMeForward website domain meanwhile was registered on the 29th of March 2006, however the domain registration is set to private.
Of note is that the PayMeForward website domain is currently using the name-servers of “newgenerationtraffic.com”:
The NewGenerationTraffic domain was registered on the 1st of November 2008, with Peter Wolfing listed as the owner.
For the PayMeForward domain to be using the name-servers of NewGenerationTraffic, Wolfing has to have admin access to both domains – which pretty much confirms Wolfing is running PayMeForward.
Peter Wolfing (right) first appeared on BehindMLM’s radar back in 2012, as the admin of Turbo Cycler ($200-$1000 matrix-based Ponzi scheme).
Wolfing’s most recent opportunity launch is National Wealth Center, a $25 to $3500 cash gifting scheme.
National Wealth Center is a reboot of Infinity 100, yet another gifting scheme of Wolfing’s.
National Wealth Center was launched mid 2014 in July. The beginnings of a collapse has likely prompted the prelaunch of PayMeForward, with Wolfing assumed to be heavily promoting PayMeForward to existing National Wealth Center affiliates.
Read on for a full review of the PayMeForward MLM business opportunity.
The PayMeForward Product Line
PayMeForward has no retailable products or services, with affiliates only able to market affiliate membership with the opportunity itself.
The PayMeForward Compensation Plan
The PayMeForward compensation plan sees affiliates fill 2×2 matrices and collect gifting payments from recruited affiliates.
A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them (level 1):
The second level of the matrix is generated by splitting each of these first two positions, resulting in a total of six positions in the matrix.
There are seven tiers to PayMeForward’s compensation plan, with how much of a commission paid out depending on which matrix tier is being filled:
- $25 matrix – positions cost $35, filled matrix pays $100 and cycles an affiliate into the $50 matrix
- $50 matrix – positions cost $50, filled matrix pays $200 and cycles an affiliate into the $100
- $100 matrix – positions cost $100, filled matrix pays $400 and cycles an affiliate into the $200 matrix
- $200 matrix – positions cost $200, filled matrix pays $800 and cycles an affiliate into the $400 matrix
- $400 matrix – positions cost $400, filled matrix pays $1600 and cycles an affiliate into the $800 matrix
- $800 matrix – positions cost $800, filled matrix pays $3200 and cycles an affiliate into the $1600 matrix
- $1600 matrix – positions cost $1600, filled matrix pays $6400 and cycles an affiliate into a new $1600 matrix
Typically in matrix-based gifting schemes the fee required to enter the next tier of the matrix is subtracted from the gifting payments paid out on the previous level. Whether or not this is the case in PayMeForward is currently unclear.
Affiliate membership with PayMeForward is free, however affiliates must purchase at least one $25 matrix position to participate in the income opportunity.
Note there is a $10 admin fee attached to each $25 matrix position purchase, making the minimum cost of PayMeForward affiliate membership $35.
Paying people forward has long been code for cash gifting in the MLM underbelly.
The concept revolves around someone gifting a sum of money forward, in the hope that through the scheme’s compensation plan, they in turn will be “paid forward” by those who join after them.
It can also be an upline paying for a recruited affiliate to join a scheme, on the promise of said affiliate paying back the upline from generated commissions (usually tied to recruitment), however in PayMeForward it’s definitely the cash gifting definition.
You sign up for $25 and set about filling your matrix, via recruitment of other $25 fee-paying affiliates.
This $25 fee qualifies a PayMeForward affiliate to receive gifting payments from subsequently recruited affiliates, which is exactly what happens in the second level of any matrix.
Peter Wolfing has an exhaustive history of launching cash gifting schemes, with PayMeForward merely being the latest in a long line of collapsed scams.
Of particular note is that Wolfing is actually recycling the PayMeForward name, having launched a gifting scam bearing the same name in November, 2010.
The 2010 version of PayMeForward had the same 2×2 matrix gifting structure and $25 buy-in.
Hey there, this is Peter Wolfing, creator of Free-Leads, Infinity Downline and I100. Over 240,000 people have joined these three sites and not it’s time to launch another one.
Have you ever wanted to change the world? Sure, most of us have. But where to start? How to start?
Pay Me Forward (PMF) is the answer.
At the time I am sending this email, there are less than 40 people in the program. We expect many thousands in days and to grow exponentially beyond that just as Infinity Downline has done.
By referring others to the PMF system, you set in motion a powerful concept made popular by the “Pay It Forward” movie with Academy Award winners, Kevin Spacey and Helen Hunt.
Yes, that’s actual PayMeForward marketing copy Wolfing sent out in 2010.
Like all cash gifting schemes, once recruitment of new participants dries up, the scheme collapses.
There is currently a private PayMeForward Facebook group sporting over a thousand members. Most of these individuals likely lost money in Wolfing’s previous schemes, with just enough who made money sprinkled in to convince this time around they’re going to be rich.
Wolfing and his close-knit group of primary marketers will preload the company-wide matrix with positions, and when it stalls be the only ones to have withdrawn a significant amount of funds.
Everyone gets stuck playing the “waiting to cycle” game, as has played out countless times before in Wolfing’s previous schemes.