Gold Rush Cash Review: $100 in, $5700 out 2×2 matrix Ponzi cycler
Gold Rush Cash provide no information on their website about who owns or runs the business.
The Gold Rush Cash website domain (“goldrushcash.net”) was privately registered on April 5th, 2017.
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.
Gold Rush Cash Products
Gold Rush Cash has no retailable products or services, with affiliates only able to market Gold Rush Cash affiliate membership itself.
The Gold Rush Cash Compensation Plan
Gold Rush Cash affiliates purchase positions in a four-tier 2×2 matrix cycler.
A 2×2 matrix places a Gold Rush Cash 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 two positions into another two positions each (4 positions).
Positions in the matrix are filled via purchases by new and existing Gold Rush Cash affiliates.
Once all four positions in a matrix are filled, a “cycle” is triggered and a commission paid out:
- Matrix 1 – $100 commission and cycles into Matrix 2
- Matrix 2 – $700 commission and cycles into Matrix 3
- Matrix 3 – $1000 commission and cycles into Matrix 4
- Matrix 4 – $3900 commission and generates a new Matrix 1 position
Joining Gold Rush Cash
Gold Rush Cash affiliate membership is free, however participation in the income opportunity requires the purchase of at least one $100 cycler position.
At its core, Gold Rush Cash can be broken down into a $100 in, $5700 out Ponzi scheme.
The only source of ROI revenue is new affiliate investment, by way of cycler position purchases. Gold Rush Cash’s use of newly invested funds to pay off existing investors makes it a Ponzi scheme.
On the raw numbers side of things, each $5700 ROI requires five hundred and seventy $100 payments at a minimum. Needless to say the only positions that will get anywhere close to that are those preloaded by the anonymous Gold Rush Cash admin.
Normally I’d advise that some early affiliates might get some scraps, but Gold Rush Cash’s use of HostGator hosting suggests the website was set up on the cheap and planned to be shut down before anyone is actually paid.
ARE THERE ANY REFUNDS?
ANSWER: NO REFUNDS WILL BE ALLOWED
This provides a maximum return for the anonymous admin and pretty much screws over everyone else. Good times.