What is a Matrix Scheme?
A matrix scheme is a business model very similar to a pyramid scheme, in which people give money to be added to a waiting list. Sometimes people get a small token for their money, but the main attraction of a matrix scheme is on waiting for a larger prize to be received at the end. Once a person has signed on for a matrix scheme, his or her name is added to the bottom of a waiting list. As more people join in or new members are recruited, other names move up the list until they reach the top. The person at the top of the list receives a higher-priced item. Electronics such as computers or TV sets are common prices, but trips and cars are also a popular prize choice. Most of the people who sign up for a matrix scheme never reach even the second level, as it eventually becomes impossible to recruit enough new members to keep the system going. Despite what promotes would like you to believe, the truth is that the token being sold is often overpriced. For example, a matrix scheme may requi
