The Prosperity Grid Review: $500 a pop cash gifting
The Prosperity Grid provides no information on their website about who owns or runs the company.
The Prosperity Grid’s website domain (“theprosperitygrid.com”) was registered on March 6th, 2021.
The mostly private registration only reveals the domain was registered with a South African address.
This syncs with The Prosperity Grid marketing videos, which predominantly feature participants with South African accents.
This suggests that The Prosperity Grid is being run from South Africa and primarily promoted to South Africans.
I did note that one woman who seems to be a The Prosperity Grid admin claimed to be in Dubai.
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 Prosperity Grid’s Products
The Prosperity Grid has no retailable products or services.
Affiliates are only able to market The Prosperity Grid affiliate membership itself.
The Prosperity Grid’s Compensation Plan
The Prosperity Grid affiliates participate in a $500 a pop gifting scheme.
Gifting payments within The Prosperity Grid are tracked via a 2×3 matrix.
A 2×3 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).
The third level of the matrix is generated in the same manner and houses eight positions.
Positions in the matrix are filled via direct and indirect recruitment of The Prosperity Grid affiliates who gift in $500.
Matrix positions can also be filled by existing affiliates re-gifting $500 for a new position.
Gifting payments are calculated on the third level of the matrix. $500 payments from these eight positions goes to the affiliate who owns the top position of the matrix.
Once all eight position are filled, the matrix splits into two new 2×3 matrices with blank third levels.
The process of filling these eight positions repeats, with payments going to the new top of the matrix position.
Through this gifting model, one $500 gifting payments is intended to pay out $4000.
Re-gifting to create a new $500 position and continue earning is optional.
Joining The Prosperity Grid
The Prosperity Grid affiliate membership is tied to a minimum $500 gifting payment.
Conclusion
The Prosperity Grid is a simple $500 in, $4000 out gifting scheme.
You sign up, gift $500 and that money is sent to an existing member. You then hope recruitment of new participants continues, such that you can steal $4000 and cycle out of your matrix.
This process continues as long as recruitment of new participants happens.
Existing The Prosperity Grid affiliates re-gifting $500 for new positions helps, the but they don’t cycle out without new members signing up and gifting in.
The recruitment dependency of The Prosperity Grid makes it a pyramid scheme. This is true of all MLM gifting schemes.
Once recruitment dries up, payments stop, enough matrices stall and The Prosperity Grid collapses.
The math behind MLM gifting schemes sees the majority of funds gifted in paid to admins and early participants (typically friends or acquaintances of the admin).
A few recruiters get whats left, leaving the majority of participants with an eventual loss.
Behind The Prosperity Grid’s fluffy marketing pitch is simple math: 1 person taking payments from eight creates an 8:1 deficit.
Rinse and repeat a few times and things snowball further. Over time that deficit continues to grow exponentially.
Recruitment inevitably dies and kaboom.
Update 21st May 2022 – Recruitment is down and The Prosperity Grid is on its way to inevitably collapsing.
Update 28th May 2022 – The Prosperity Grid has deleted all videos from its YouTube channel.
I did provide one link to an example video but, in light of the video being deleted, have disabled the link.
I just don’t get how people can think donations suddenly multiply money.
What black magic is this stupidity.
It’s very simply AntiMLM: people donate, something something, money happens.
Makes perfect sense to idiots everywhere.
And this from the country that pioneered heart transplants, invented the pool cleaner, became a nuclear power and then disassembled the A-bomb stock? WTF South Africa?!
There are some who got “scammed” by Mirror Trading International, and are now shilling this crap too.
How do these people never learn, or do they not care about screwing other people over?
Please read Notice 1135 of 1999 in the Government Gazette no. 20169 published on June 9th 1999.
This type of operation is clearly ILLEGAL in the Republic of South Africa.
Some members previously involved in Mirror Trading now scamming this with definite connection to Dubai admin. Shame on them.
Now using emotional manipulation to lure uninformed members and calling it God’s will while enriching themselves. Was MTI not a big enough red flag?
Competing with the other half promoting Gift of Legacy. No honour amongst thieves.
Scammeronis gonna scam.
This thing is run by a company called Hanson Interactive, a little one-person company based in Plettenberg Bay, South Africa.
Plettenberg Bay! I would rather shoot myself than admit I had been scammed by someone from Plett!
What is so wrong with us South Africans that we keep featuring on this site? I’d rather be scammed from someone from Benoni than Plett
“The Prosperity Grid provides no information on their website about who owns or runs the company.”
Hmm – the site is designed and maintained by Hanson Interactive – Shirley Hanson, whose business is listed first on the business page. Pretty clear that she’s involved. The Dubai woman who is admin on the Facebook page is also listed on the Businesses page. Clearly a kingpin as well.
It wouldn’t take much to bust these people.
…and they’re ripping off a bunch of others. Bad.
Dubai admin woman’s father and wife live in Brackenfell. Also heavily involved from start-up.
Someone should shut them down. I have all their details. Makes me sóóó mad.
I know these people. Personally. Don’t know how to take it further. It is just wrong on every level. I’m too young to be an activist.
My mom’s been seduced into this and won’t listen to reason. I’m afraid for her. She has emotional issues.
I think the local regulator’s the FSCA, might have a submission form or email.
It has been said that apparently some who are promoting this scheme have told the downlines that this scheme has been taken to the FSCA and that the FSCA said all is good.
The FSCA has been contacted directly, and they could not find any info about this scheme on their system.
Preliminary evidence provided to the FSCA has resulted in them claiming that the conduct of the Prosperity Grid (as well as Gift Of Legacy) warrants further investigation.
Regulators don’t sign off on companies. This doesn’t happen in any country.
Also not 100% sure but FSCA is an SEC equivalent. Gifting scams like The Prosperity Grid should fall under the FTC equivalent.
Received feedback from the FSCA. Their investigation found that they do not have jurisdiction in this matter, and have thus referred it to the SARB.
The FSCA also spoke about a press release warning the public, but awaiting for confirmation and link as to to whether this was released by the FSCA or SARB.
Anoher FSCA update: so apparently the investigator I spoke to made a mistake regarding the press release as they had released a warning about a different scheme with similar name (Prosperity something).
Seems the FSCA says PG is not part of their jurisdiction as it’s a pyramid scheme, rather than a Ponzi.
However, seeing as they’re not actually selling any products and yet offering financial returns on false pretenses, my understanding was that that would be considered a Ponzi. Perhaps there’s some legal nuance that I’m not familiar with at this stage.
Based on my research, since Prosperity and GoL don’t sell themselves as a business they don’t strictly fall under FSCA, but as they involve deposits and payments via p2p it falls under SARB which handles pyramid scams and endless chain letters.
Ah fair enough. But that does beg the question: the FSCA stated regarding GoL:
And yet, GoL operates on the same principle as PG. So, why do they think (at least currently) that GoL falls under their jurisdiction, but not PG?
Likely will also end up with SARB, but having voice notes etc of GoL claiming approval they can probably act in that regard.
From a purely mathematical standpoint, gifting schemes functions as Ponzi schemes ($x in, >$x out).
Regulators approach them as pyramid schemes though, i.e. they’re not a security.
This emphasises the pyramid component of MLM gifting schemes. In the US gifting schemes are regulated by the FTC as opposed to the SEC.
I differentiate between matrix cyclers and typical gifting schemes but it’s up to regulators how they want to approach.