My Paying Tree gives no info on their web site about who owns or runs the enterprise.
The My Paying Tree web site area (“mypayingtree.com”) was privately registered on Might third, 2017.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
My Paying Tree Merchandise
My Paying Tree has no retailable services or products, with associates solely capable of market My Paying Tree affiliate membership itself.
As soon as signed up, My Paying Tree associates are capable of spend money on “adpacks”.
Bundled with every adpack funding are adcredits, which can be utilized to show promoting on the My Paying Tree web site.
The My Paying Tree Compensation Plan
My Paying Tree associates spend money on “adpacks” on the promise of an marketed ROI:
- Seed 1 – make investments $1 and obtain a 110% ROI (1.5% to 4.2% each day)
- Seed 2 – make investments $2 and obtain a 115% ROI (1.5% to three.5% each day)
- Plant 1 – make investments $5 and obtain a 120% ROI (1.25% to three.3% each day)
- Plant 2 – make investments $10 and obtain a 120% ROI (1.25% to three% each day)
- Tree 1 – make investments $25 and obtain a 125% ROI (1% to 2.7% each day)
- Tree 2 – make investments $50 and obtain a 125% ROI (1% to 2.4% each day)
Funding circumstances imposed on My Paying Tree associates embrace
- a 25% obligatory reinvestment on Seed 1 and Seed 2 ROI payouts
- a 30% obligatory reinvestment on Plant 1 and Plant 2 ROI payouts
- a 35% obligatory reinvestment on Tree 1 and Tree 2 ROI payouts
My Paying Tree associates should additionally meet minimal funding necessities earlier than with the ability to spend money on the subsequent tier:
- Seed 1 – 15 adpack investments required earlier than unlocking Seed 2
- Seed 2 – 50 adpack investments required earlier than unlocking Plant 1
- Plant 1 – 75 adpack investments required earlier than unlocking Plant 2
- Plant 2 – 125 adpack investments required earlier than unlocking Tree 1
- Tree 1 – 175 adpack investments required earlier than unlocking Tree 2
Lastly membership charges are required to maintain Plant and Tree tier investments lively.
Precise membership payment quantities should not disclosed.
Referral Commissions
My Paying Tree pay referral commissions down two ranges of recruitment (unilevel).
Referral commissions are paid as a share of funds invested by recruited associates as follows:
- stage 1 (personally recruited associates) – 6%
- stage 2 – 2%
If an affiliate chooses to take a position by way of funds exterior of a supported cost processor, referral commissions are lowered to three% on stage 1 and 1% on stage 2.
Becoming a member of My Paying Tree
My Paying Tree affiliate membership is free, nevertheless at the very least one $1 Seed 1 funding is required to take part within the hooked up revenue alternative.
Conclusion
In try and masks the true nature of the enterprise, My Paying Tree claims it’s
not an funding / HYIP / Get-Wealthy Fast Program / MLM / Matrix / Cycler / Foreign money Alternate / Securities web site.
We’re an internet promoting program. We promote promoting companies.
The SEC has made it very clear that adpacks hooked up to an funding alternative don’t make it any much less of an funding alternative.
Pretending to not supply an funding is par for the course of an adcredit Ponzi scheme pretending to not be a Ponzi scheme.
Within the case of My Paying Tree, one want solely look so far as the “particulars” web page on the corporate web site to substantiate as a lot.
Every day Capping share is relying on each day gross sales generated.
“Every day capping” refers to affiliate ROI payouts and “each day gross sales” is new funding.
The usage of newly invested funds to pay present associates a each day ROI makes My Paying Tree a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will newly invested funds.
It will starve My Paying Tree of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of traders lose cash.