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Please read the article and leave a comment with your thoughts or experiences.
The mobile phone matrix scam has fast become one of the largest growing scams
on the internet at the moment and is abundant on many of the internet auction
sites, these mobile phone scams offer mobiles for as little as £20.
This sounds very enticing and people readily sign up, however the majority
of the members never actually see the promised goods.
How do they work?
The definition given by trading standards (of a matrix scheme) in their report
into current scams sums it up very nicely :
Consumers who buy the product become members of a waiting list to receive
their chosen free gift. The matrix works by sending the person
at the top of the list their free gift only after a prescribed
number of new recruits has signed up the prescribed number varies
according to the choice of free gift but can be as great as 100.
Once the free gift has been sent, the remaining members each
move up one place on the waiting list. The person who has moved to the top
then has to wait until the prescribed number of new recruits has signed up
again in order to receive their free gift. Although it is not
compulsory for members to sign up new recruits, they are encouraged to do
so in order to move themselves up the waiting list faster. This has led to
some members placing misleading adverts on internet auction sites offering
the opportunity to buy a mobile phone for £20', in order to seek
So basically the early members are paid out only when sufficient new members
have joined under them, the maths behind this are absolutely staggering.
I have used a simple example of a scheme that operates on a ten tier matrix
with an entry price of £20 and a gadget price of £150.
Member #1 pays: they are, the member to get the mobile phone
Member #2 pays: Scammers Fund is £40.
Member #3 pays: Scammers Fund is £60.
Member #4 pays: Scammers Fund is £80.
Member #5 pays: Scammers Fund is £100.
Member #6 pays: Scammers Fund is £120.
Member #7 pays: Scammers Fund is £140.
Member #8 pays: Scammers Fund is £160.
Member #9 pays: Scammers Fund is £180.
Member #10 pays: Scammers Fund is £200.
Once the member count reaches 10 member #1 cycles and receives
their gift, so the mobile phone matrix website makes £50 (£200
scammers fund - £150 cost of gadget). Member #2 then moves into prime
position and the process starts over again. When member #2 cycles,
the website will make another £50 and another 10 members will have had
to have joined.
Using that example, the figures seem quite good, however the majority of
these mobile phone scam sites offer mobiles worth £300-£600 and
as such they need to increase the tiers (or the entry price) so as to cover
thier costs and make money. If they operated a 100 tier scheme then the 100th
member would need another 1000 to have joined before they see their gadget!
Some sites have been found to be operating 1000 or 10000 tier systems!
Here today, gone tomorrow!
The mobile phone matrix scheme, like all pyramid selling schemes, eventually
gets to a point where it is unable to attract sufficient numbers of new members.
It then collapses and those still waiting for their gadget are left holding
the can as they cannot move forward without new members. What tends to happen
now is that the people held in the tiers of the matrix try to promote the
scheme further through the use of websites, forums and the auction sites
and this further compounds the problem and just lines the scammers pockets
Remember, these mobile phone matrix sites only make their main money in the
beginning as people join, once this starts to dry up the scammers move onto
other things leaving the lists to collapse. Also it is key to remember that
most of these scammers never actually send the goods even if you get to
cycle and the majority of names and claims made by the sites
are all fake.
Please remember that these mobile phone matrix schemes are ILLEGAL, if you
see one on a site or an auction site then please report it to trading standards
(for singular websites) and also report it to the auction sites (most have
rules regarding these sites).
The simple way not to get taken for a ride is not to get involved in the
mobile phone matrixs in the first place.
I will sum it up in one statement when dealing with mobile phone matrix schemes
If the deal sounds to good to be true, THEN IT IS
Article written by Mike webmaster at
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