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Matrix

Matrix schemes are similar to a ponzi scheme but sometimes more difficult to recognize. These schemes are similar to a ladder structure where you have a bunch of people doing the right thing so that the person at the top wins....

For example, let’s say you have 10 people (numbered 1 through 10). The number 1 person at the top of the list would have the nine people below him purchase products which could range from e-books to pet supplies.

matrix

Once those 9 people make a purchase the number 1 guy at the top of the list would get a grand prize such as an Xbox 360, 32" Flat Screen TV or an outdoor grill.

So the ultimate goal of the this scheme is that the person at the top of the list to obtain a grand prize by having people beneath them purchasing products.

However, the total amount of money that would be paid for the products is more than the grand prize.

For example, as mentioned above, the Xbox is worth approximately $350. The products for sale would be worth at least $50. When 9 people purchase 1 product each $450 would have been accumulated.

Matrix schemes came into existence in 2002. Within one year there were over hundreds of those same schemes that were launched.

Even though the matrix scheme may not be as common anymore, it is ALWAYS worth your time to research and determine if a particular opportunity is legit because some schemes are very difficult to detect.

Craigslist seems to be a major funnel of scams these days so EVERYTHING from there needs to be researched extra well!

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