PennyMatrix.com Review – Is it a scam?

Penny Matrix of PennyMatrix.com is a company that claims to help anyone earn money from home simply by investing $7 a month. The website claims that you could earn as much as $19,000 a month with this small monthly membership fee. What’s more, it emphasizes the importance of recruiting new members in order to earn from their program.

More about Penny Matrix

By agreeing to become a member of the Penny Matrix, you agree to be paying $7 a month for membership. Also, as a member, you are expected to recruit or refer two new members every after 2 days. You will earn more money as your team (you and your recruited members) will be successful in recruiting more members.

Becoming a member of Penny Matrix doesn’t just allow you to earn money from recruiting/referring new members. You will also be given access to its vast library of eBooks. The company claims that this library is filled with a lot of eBooks that could benefit you.

Final thoughts on PennyMatrix.com

Unlike Multilevel Marketing (MLM), Penny Matrix isn’t involved in direct selling. Instead, it earns from the membership fees being paid to them by new members. Its system is similar to a Ponzi scheme, where the money that is being awarded to members come from the members themselves. This is why it is important for anyone to conduct their own independent search before signing up for any money-making opportunity.

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