Perfect Matrix Cash Review: $2.50 chain-recruitment scheme
There is no information on the Perfect Matrix Cash website indicating who owns or runs the business.
The Perfect Matrix Cash website domain (“perfectmatrixcash.com”) was privately registered on October 2nd, 2016.
The official Perfect Matrix Cash Facebook markets the opportunity using the Nigerian Naira. Alexa also currently estimate that 84% of all traffic to the Perfect Matrix Cash website originates out of Nigeria.
The admin referral link used to promote Perfect Matrix Cash on the group is “oluseunsina”.
Further research reveals this referral link belongs to Charles Aladesiun, who identifies himself as “one of the admin [sic] of Perfect Matrix Cash”:
Aladesiun, who is based out of Nigeria, appears to have been scamming people in Ponzi schemes since at least 2012.
In April of 2015 Aladesiun launched Touching Lives International, a daily ROI Ponzi scheme. By July Touching Lives International had crashed.
Rather than admit he’d run out of newly invested funds to pay off existing investors, Aladesiun came up with the following story:
Last night i was robbed by Armed Robbers and my system and Phones are all gone.
They contain all the site login details. But hope the hosting company can help retrieve them.
Touching Lives International never came back up.
Read on for a full review of the Perfect Matrix Money MLM opportunity.
The Perfect Matrix Money Product Line
Perfect Matrix Money has no retailable products or services, with affiliates only able to market Perfect Matrix Money affiliate membership itself.
The Perfect Matrix Money Compensation Plan
The Perfect Matrix Money compensation plan sees affiliates purchase $2.50 positions in a 5×9 matrix.
Commissions are paid when they recruit new Perfect Matrix Money affiliates who do the same.
A 5×9 matrix places an affiliate at the top of a matrix, with five positions directly under them:
These five positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the five positions into another five positions each (25 positions).
Subsequent levels of the matrix are generated in the same manner (up to nine), with each new level housing five times as many positions as the previous level.
A complete 5×9 matrix houses 2,441,405 positions.
Positions in the matrix are filled via direct and indirect recruitment of new Perfect Matrix Money affiliates.
Commissions are paid as positions in the matrix are filled as follows:
- level 1 (5 positions) – 50 cents per affiliate recruited
- levels 2 to 9 – 25 cents per affiliate recruited
Joining Perfect Matrix Cash
Perfect Matrix Cash affiliate membership is tied to the purchase of a $2.50 matrix position.
Perfect Matrix Cash appears to be the latest entry in Charles Aladesiun’s long-running residency in the MLM underbelly.
From a compensation perspective, Perfect Matrix Cash operates as a pyramid scheme.
New affiliates sign up, pay a fee and then get paid for recruiting others who do the same.
Ad credits are bundled with matrix positions purchases, but in light of commissions paid on recruitment of new affiliates, are irrelevant.
Nothing bundled to chain-recruitment can legitimize what is otherwise a pyramid scheme.
As with all such schemes, once recruitment of new affiliates dries up, Perfect Matrix Cash will collapse.
And when it does, the majority of affiliates lose money. Yes it’s only $2.50 but a pyramid scheme is still a pyramid scheme no matter how micro it is.
Who knows, maybe armed robbers will strike again…