Fortune Maker Review: Bitcoin cycler Ponzi resurrected

Fortune Maker operate in the advertising MLM niche.

On its website Fortune Maker provides an incomplete address in the US state of Wisconsin.

On the executive side of things Fortune Maker name Mark Chin as Founder and Chuck Dhuey as President.

Prior to founding Fortune Marker, Mark Chin was promoting the failed Divvee opportunity.

Chuck Dhuey (right) first appeared on BehindMLM in connection with My BitByBit Empire.

My BitByBit Empire appeared to be an email list builder with roots in the 4 Corners Alliance Group pyramid scheme.

Dhuey originally launched FortuneMaker last year.

After initially flopping, interest in FortuneMaker picked up last month, primarily from the UK, US and Portugal.

Read on for a full review of the Fortune Maker MLM opportunity.

Fortune Maker Products

Fortune Maker has no retailable products or services, with affiliates only able to market Fortune Maker affiliate membership itself.

Fortune Maker affiliate membership provides access to advertising credits, which can be used to display advertising to other Fortune Maker affiliates.

The Fortune Maker Compensation Plan

Fortune Maker affiliates purchase positions in a four-tier matrix cycler.

Matrix sized used in the Fortune Maker cycler are 3×3 and 3×6.

A 3×3 matrix places an affiliate at the top of a matrix, with three positions directly under them:

These three positions form the first level of the matrix. The second level of the matrix is generated  by splitting these first three positions into another three positions each (9 positions)

The third level of the matrix is generated in the same manner and houses 27 positions.

A 3×6 matrix expands the matrix by an additional three levels, housing 81, 243 and 729 positions respectively.

Positions in the matrix are filled via direct and indirect recruitment of Fortune Maker affiliates.

Commissions are paid as positions in the matrix are filled, depending on which cycler and level of the matrix is filled.

A new affiliate starts out by purchasing a $30 position in Fortune Maker’s first 3×3 matrix cycler.

The second cycler is $100, the third $1000 and the fourth $10,000.

Commissions paid across Fortune Maker’s four cyclers are as follows:

  • Matrix 1 ($30, 3×3 matrix), level 1 – $2 per position filled
  • Matrix 1, level 2 – $3 per position filled
  • Matrix 1, level 3 – $25 per position filled
  • Matrix 2 ($100, 3×6 matrix) level 1 – $2 per position filled
  • Matrix 2, level 2 – $3 per position filled
  • Matrix 2, levels 3 to 5 – $10 per position filled
  • Matrix 2, level 6 – $15 per position filled
  • Matrix 3 ($1000, 3×6 matrix), level 1 – $20 per position filled
  • Matrix 3, level 2 – $30 per position filled
  • Matrix 3, levels 4 to 5 – $100 per position filled
  • Matrix 3, level 6 – $150 per position filled
  • Matrix 4 ($10,000), 3×6 matrix), level 1 – $200 per position filled
  • Matrix 4, level 2 – $300 per position filled
  • Matrix 4, levels 3 to 5 – $1000 per position filled
  • Matrix 4, level 6 – $1500 per position filled

A 50% matching bonus on cycler earnings of personally recruited affiliates is also paid out (matrices 2 to 4).

Note that Fortune Maker tie up commissions until the next level cycler is paid.

The first lockup tier is 120 days, within which an affiliate has to earn enough in the $30 matrix to “upgrade” to the $100 matrix.

The second lockup tier is 300 days, within which $10,000 must be generated to upgrade to the fourth cycler tier.

If these lockup periods expire without generating the required targets, only then is an affiliate able to withdraw what they have earned.

Recruitment Commissions

From the third and onward personally recruited affiliates who buy into the $100 matrix, a 25% recruitment commission is paid on all $100, $1000 and $10,000 cycler position purchases.

In turn,  25% commissions on the first two $100 cycler affiliates recruited by personally recruited affiliates pass up to you.

Joining Fortune Maker

Fortune Maker affiliate membership is tied to a minimum $30 matrix cycler position.

Full participation in the Fortune Maker MLM opportunity costs $11,130.

Conclusion

I’m not sure why interest in Fortune Maker picked up again last month, but it’s likely due to similar scams collapsing and victims looking to recover their losses.

I could be wrong but I don’t recall Mark Chin being involved in the original launch. Perhaps Fortune Maker is being heavily pushed on Divvee victims.

At its core Fortune Maker is nothing more than a bitcoin-based Ponzi cycler.

New affiliates sign up, invest and then receive a ROI paid out of subsequent investment.

Pyramid recruitment ties Fortune Maker’s business model together, adding an additional layer of fraud to the scheme.

In any event, cycler Ponzis primarily benefit those running them.

Through one or more preloaded admin positions, Chuck Dhuey will receive most of the money invested into Fortune Maker.

This occurs due to his admin positions entering first into the upper cycler tiers.

A few early adopters will make a bit off the recent activity, however most who’ve recently joined since the initial collapse are just throwing money away.

Let’s block ads! (Why?)

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