PIF2Cash Review: X100K pyramid scheme gets a cycler reboot
There is no specific information the PIF2Cash website identifying who or runs the company.
The footer of the PIF2Cash website does however state that it’s “powered by I-Affiliate Marketing Inc”.
The same footer appeared on the website of X100K two years ago.
X100K was a pyramid scheme launched by Michael Weber in June of 2014. Since then X100K has collapsed and been relaunched numerous times.
The last collapse appears to have begun early this year. Weber (right) seems to have completely abandoned X100K, seemingly prompting the launch of PIF2Cash.
Read on for a full review of the PIF2Cash MLM opportunity.
The PIF2Cash Product Line
PIF2Cash has no retailable products or services, with affiliates only able to market PIF2Cash affiliate membership itself.
Once signed up, PIF2Cash affiliates purchase matrix positions.
Bundled with position purchases are a series of ad credits, which can be used to display advertising on the PIF2Cash website.
The PIF2Cash Compensation Plan
PIF2Cash affiliates purchase $27 matrix positions in a 3×1 seven-tier matrix cycler.
A 3×1 matrix cycler requires three positions to be filled before a “cycle” is triggered.
Once a cycle is triggered, a commission is paid out and the position advances to the next tier of the cycler.
- Matrix 1 (positions cost $27) – earn $7 cycle commission and cycle into Matrix 2
- Matrix 2 – earn $7 cycle commission and cycle into Matrix 3
- Matrix 3 – earn $20 cycle commission and cycle into Matrix 4
- Matrix 4 – earn $27 cycle commission and cycle into Matrix 5
- Matrix 5 – earn $54 cycle commission and cycle into Matrix 6
- Matrix 6 – earn $385 cycle commission and cycle into Matrix 7
- Matrix 7 – earn $2500 cycle commission
A 100% matching bonus is also payable on cycle commissions earned by personally recruited affiliates.
Note that to withdraw cycle and matching bonus commissions, a PIF2Cash affiliate must purchase a new $27 matrix position the same day.
Pay It Forward Credits
Pay It Forward credits are awarded in addition to cycle commissions:
- Matrix 1 – 1 PIF credit
- Matrix 2 – 1 PIF credit
- Matrix 3 – 2 PIF credits
- Matrix 4 – 2 PIF credits
- Matrix 5 – 1 PIF credit
- Matrix 6 – 1 PIF credit
- Matrix 7 – 1 PIF credit
One PIF credit generates a new Matrix 1 position and must be given away to other PIF2Cash affiliates.
Note that all current PIF credits must be given away before an affiliate can withdraw commissions
In order to give away PIF credits, a PIF2Cash affiliate must have purchased at least one $27 position with the previous 24 hours.
PIF2Cash affiliate membership is tied to at least one $27 matrix cycler position purchase.
Turn $27 into $3,000 over and over!
PIF2CASH has an awesome Compensation Plan that can earn you up to $3,000 per position.
Continuing on where X100K left off, PIF2Cash operates more as a Ponzi scheme than its predecessor.
The raw math behind a PIF2Cash cycler position sees $27 invested and an eventual $6000 ROI (split between the purchaser and the affiliate who recruited them).
That’s two hundred and twenty-two $27 position purchases per $6000 ROI payout.
PIF credits basically generate phantom positions in the cycler. Typically these are generated as re-entries, however in PIF2Cash affiliates are forced to dump them on other affiliates.
Realistically you’re probably going to see the more savvy scammers create multiple accounts and keep PIF credit positions within accounts they own.
In any event, with nothing marketed to or sold to retail customers, PIF2Cash operates as a Ponzi scheme.
Once recruitment of new PIF2Cash affiliates slows down, so too will the seven-tier matrix cycler.
This will see ROI payments cease, with most PIF2Cash affiliates losing money.
The same thing has already played out in X100K, with each new reiteration seeing Michael Weber receive more money at the expense of his affiliate-base.
PIF2Cash will be no different, with Weber’s preloaded positions guaranteeing he cycles and earns multiple $3000 ROIs before anyone else.