The Wealth Dynasty Review: Five-tier matrix Ponzi cycler
There is no information on The Wealth Dynasty website indicating who owns or runs the business.
The Wealth Dynasty website domain (“thewealthdynasty.com”) was registered on the 19th of May 2015, with a “Chetan Varma” listed as the owner. An address in Maharashtra, India is also provided.
I was unable to find any further information on Varma, with his MLM history if any remaining unclear.
Read on for a full review of The Wealth Dynasty MLM business opportunity.
The Wealth Dynasty Product Line
The Wealth Dynasty has no retailable products or services, with affiliates only able to market The Wealth Dynasty affiliate membership itself.
Once signed up, The Wealth Dynasty affiliates can purchase matrix positions and participate in The Wealth Dynasty income opportunity.
Bundled with each matrix position purchase are a series of advertising credits, which can be used to display advertising on The Wealth Dynasty website itself.
The Wealth Dynasty Compensation Plan
The Wealth Dynasty compensation plan sees affiliates purchase $5 matrix positions, which are then pushed through a five-tier matrix cycler.
Two matrix sizes are used in this cycler, a 3×1 requiring three subsequent positions to be purchased and a 5×1 requiring five.
Once the required subsequent matrix positions have been purchased, a “cycle” commission is paid out and the position advances to the next tier in the cycler.
Commissions paid out within The Wealth Dynasty five-tier matrix cycler are as follows:
- level 1 (3×1 matrix in which positions cost $5) – $4 commission and position cycles to level 2
- level 2 (3×1) – $8 commission and position cycles to level 3
- level 3 (3×1) – $16 commission and position cycles to level 4
- level 4 (3×1) – $32 commission and position cycles to level 5
- level 5 (5×1) – $350 commission paid out
Referral commissions are also paid when personally recruited affiliates cycle out of one of the matrices as follows:
- level 1 – $1
- level 2 – $2
- level 3 – $4
- level 4 – $8
- level 5 – $50
Joining The Wealth Dynasty
Affiliate membership is $3, with affiliates also required to purchase at least one $5 matrix position if they wish to participate in the MLM business opportunity.
WHAT IF YOU CAN TURN $5 INTO $410 OVER AND OVER AGAIN WITHOUT HARDLY LIFTING YOUR FINGER?
Introducing THE WEALTH DYNASTY Passive Cycler …
Using the familiar combination of a matrix cycler and advertising credits, The Wealth Dynasty serves up a five-tier matrix-based Ponzi scheme.
Affiliates invest $5 on the promise of a $410 ROI, paid out of subsequently invested funds.
Despite the obvious fraudulent nature of The Wealth Dynasty, Chetan Varma insists his company is not a scam:
TheWealthDynasty.com is not a Hype, Pyramid or Ponzi scheme! We sell Advertising and provide an opportunity to earn money via Profit Split and Sponsor Commission!
The advertising credits are little more than pseudo-compliance. If they were indeed being sold and not simply bundled with Ponzi positions, unused advertising credits would be refundable.
Can I get a refund ?
There is ABSOLUTELY NO REFUNDS.
The reason The Wealth Dynasty can’t offer refunds is because the moment new funds are invested, they are used to pay off existing investors.
As with all Ponzi schemes, The Wealth Dynasty requires a constant stream of new investors to stay afloat. A requirement made more than obvious in the scheme’s official marketing material:
How can I decide on how much I can bank as you said before?
Its Simple.REFER REFER REFER. The More you Refer, the More you make.
Once new affiliate recruitment dies down, so too do new funds entering The Wealth Dynasty. This in turn means cycler commissions will slow down, before grinding to a halt.
At that point Chetan Varma does a runner, keeping any funds attached to uncycled matrix positions. That’s on top earnings generated by preloaded positions, created before The Wealth Dynasty is open to the public.