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ycchen
July 17th, 2004, 04:04 PM
cheetahmatrix.com


Hmm..... matrix-sites.net is a really a useful forum to locate latest, HOT pyramid-matrix scam. Thanks :D

I wonder why this new copycat matrix is using paypal ? I guess they must have a way to withdraw their funds quickly enough before paypal freezes them?!

Or, the owners are relying on this excuse (Our account has been frozen by paypal, thanks to matrixwatch ! ) to not pay their cycled speculators? :D

MatrixWatch
July 17th, 2004, 06:12 PM
Looks like their PayPal account ID is: payment@cheetahmatrix.com

I don't have the time to report them right now though.

busy day..:D

ycchen
July 17th, 2004, 07:08 PM
We need more people to report this to paypal. Use the link below:

https://www.paypal.com/wf/f=pps_prohib

See, even if paypal close the account, he still have stormpay ..:(

I think it is about time that we target some of these 'matrix' friendly processor.

MatrixWatch
July 17th, 2004, 10:19 PM
I agree. We would need to talk to the feds about that though.

I just read through the conversation that "Concerned" had with the owner:

http://www.top-matrix.com/forum/viewtopic.php?t=383


Notice how the owner completely dodges the question and makes personal attacks when he is confronted. Not a good sign.

There have been hundreds of matrix sites trying to do things "differently" yet they all find the same fate. Even with a short list, the ratio of people who signup vs. people who cycle always ways heavily towards the signups. This means that there will always be people sitting on a list.

The matrix owners often think that they can just do better promotions or get their customers more involves so that the site can find new victims *cough* customers. However, in reality what happens is another site opens up and steals the momentum. When EzExpo's lists got too long and they tried to get more people to signup, sites like GotMatrix opened up and filled their lists by saying, "Our lists are brand new so you won't get stuck on the bottom of a long one!"

Now that GotMatrix is becoming the next EzExpo, sites like Cheetah Matrix are doing the same thing.

I am grieved to hear that this matrix owner cannot listen to the reasonable and rational proof that we have to show that matrix sites are total scams because of the way we say it. Perhaps we could reconsider the way we approach the matrix supporters and be more willing to listen. However, we have been through it so many times, and when another matrix site comes along and bucks the system we get aggresive towards them.

I hope that the owner of CheetahMatrix will consider the problems that all the matrix owners have had, and understand that we are beginning to break ground with more law-enforcement officials. The consequences will be far worse soon, and the customers of matrix sites will have more options for prosecution at their disposal by the end of the summer. I hope that this owner will understand that we mean nothing against him personally, and that we only want him to refund his customers and close his site down. It would be better for both him and us if this would happen.

He is welcome to join in on this conversation if he has any questions.

ycchen
July 17th, 2004, 11:15 PM
I agree that our website should always open to owners who want to make constructive and genuine dialogue, especially matrix-sites that claim to do things differently.

At the same time, I felt more hopeless each day after reviewing all the copycat matrix-sites on the market because they are actually not much differences at all.

The major rule of the game has shifted. Matrix-sites are not working on making any difference. Their differences are often superficial. Their new goal is to lure seasoned speculators to join their list during their lanuch. They are actually fewer innocent newbies in all these 'hot' new matrix-sites nowsaday. You can see their lists are packed with a handful of seasoned speculators and insiders.

These new matrix-sites don't even bother about legitimacy anymore, like the "old" copycat - gotmatrix and movemeup -- which at least try to keep a gesture of "LONG TERM" existence.

These new matrix-sites are PURELY speculative, and only going to stay in the market for "SHORT TERM". The extremely example is the 90 days money back garantee. This is the most disgusting lie that the OLD matrix-sites will feel ashame to put it on their website. But the new matrix-sites owners has NO SHAME. They just deliberatly LIE IN YOUR FACE. :mad:

The logic of all these new sites is to scam seasoned speculators AND newbie-turn-speculators, and to get them to pour in their money into their sites in first 90 days, and then close and run. The best examples are cashomatrix and cashocycling . Seasonal speculators like big sis (Christy) and AFxx, are the main key agents to keep these new scam alive. They do not necessary makes a lot of money, but they successfully help the owners to lure many newbie-turn-speculators to donate in these new sites.

It is a game that almost EVERYONE loses, except owners and insiders, and if lucky the seasoned speculators The difference is that seasoned speculators might lose (or even win) a bit, but the newbie-turn-speculators become the major donors.

The reason that these new sites owners can play these short-term games is because of these seasoned speculators. All of them know EXACTLY what they are doing, and they won't even complaint if they get stucked as permanent helpers because they always break even, or make some profit or small lost. Only unskilful speculators get stucked.

In sum, we are dealing with highly sepculative new copycat matrix-sites that do not care about long term existence. They think that they can just 'hit and run' and dissappear before the lawsuit gets to them. Unlike the old matrix-sites like gotmatrix, movemeup or every ezexpo. These old matrix-sites are more naive and at least pretend to be "genuine", even though they are all pyramid scam in their core.

In otherwords, the new sites learn from the old one, so they perfect the skill of "hit and run". Therefore, they are very slippery to catch.

My advice is to get the owner's real ID before they launch. Pin them down with real ID, real telephone number, real address, so they can be found and procecuted after they close down.

The seasoned speculator don't care. They know the game, so they are just going to attack, get pay and leave the mess. Axxx attitude toward moneycycle is a perfect example. He does not bother to join the collective action to get the owner.

Therefore, I strongly urge the small and unskillful speculators (I know I can't stop them) to get the REAL ID of the owner first before you join the game. You will DEFINITELY need it when you need to take action against them after 90 days. Do your homework before you play the game! :)

matrixagency is supposed to do the job of identifying the owners real ID, but they are totally useless! :( Therefore, some of our members MIGHT like to take up the challenge of identifying the true ID of these speculative new matrix.

Concerned might be the best person to lead this "undercover operation" :) Beside, we also need their ID to file complaints to the authorities anyways.

ycchen
July 17th, 2004, 11:49 PM
I just read the dialogue between cheehtah's owner and concerned on the forum of top-matrix.com. I appreciate concerned patience in dealing with this short-term speculative owner. There is no way to convince them because their purpose is to make $5000, and close and run. That's it.

However, I still think the dialuge on pro-matrix forum is productive because some newbies might be discouraged by the attitude of the scam owner.

Just read this quote and you will understand why I am saying that we are dealing with new generation of scammer! :mad:

People who sighn up obviously know what a matrix is about. They pick and choose what meets there own standards. If people are looking at ads in a matrix forum then they can have there own opinions about what a matrix is. You think its a scam because you doubt that people will sighn up, however, thank god, not everyone is like you and have there own opionions on whether or not matrix's are legit. 'not everyone" is refering to seasoned speculators such as christy and Afxx, to name a few.
If someone like you can get a business degree then someone can browse what matrix site has what he or she desires and are looking for. We are new to the matrix world therefore have something to offer: fresh cycleling lists. The idea 'fresh list' is to compete with old matrix-site like gotmatrix. The new scammer offer 'new list' for speculators to have fun while taking 20-50% of profit for each signup IN 90 days .
The thing you have to watch out for are sites that simply take your money. They are scammers. Customers spend low prices for a longer wait. Thats what a matrix is about. And if you have a business degree then maybe you should run a business and not be trying to take down other peoples. See, s/he obviously does care a damp about permanent helpers/donors. The main purpose is to make quick money and abundant the permanent helpers and the site in less than 90 days. That is the new spirit of new generation con artists. :mad:

ycchen
July 18th, 2004, 12:11 PM
update.

Paypal icon has been removed from Cheetahmatrix :D

Dreamer
July 19th, 2004, 05:41 AM
In their terms and conditions:

http://www.cheetahmatrix.com/terms.html


In the case of suspected fraudulent activity within these matrices, CheetahMatrix.com reserves the right to discontinue the membership of the member/s suspected in such behavior with full rights to criminally prosecute under the full extent of the law.


Officer, I would like to report that my friend here stole my 2lbs of pot. I would like it back please.


Matrices are free to enter and have no monetary value to the customer.

Members will remain in the matrix until they "cycle" regardless of how long this may


Throw my name in there about a thousand times...I want to network all them computers baby!

MatrixWatch
July 20th, 2004, 04:52 AM
"Cheat YA Matrix" is what we ought to be calling these guys.

ycchen
July 20th, 2004, 05:26 AM
Yikes, the attack on cheetahmatrix was a total failure!

These seasoned speculators all lose money, big time.

Losers : 2 seasoned speculators (from realdealmatrix) lost $3490!
Winer: the owner of the "Cheat YA Matrix" gain $3675! (money matrix only)

big sis, you might not get your balance right. you are not making $1000 profit as you claimed on matrix-sites.net. Made more money overnight on this one ! Well over $1000 profit now and just bought into the new $500 line! If you aren't in yet, get in, the lines are still short. http://www.matrix-sites.net/forum/index.php?showtopic=1488&st=15

You are losing double of what you had claimed unfortunately. UNLESS, you have a second account book? :rolleyes: The other possibility is that you did make $1200 (on $1000 list) BEFORE you reinvest + donate $2100 into $500 list . I think you are more honest than most people, so I believe you. :)

So you think you will recover your lost in $500 & $1000 list? In any cases, what's next big sis? What is your next move? :D

And let me remind you that you still have one comrade stuck at the bottom of 'super fast $5000 list' on gotmatrix, are you going to ask people to reinvest in that list? :D

ycchen
July 20th, 2004, 05:37 AM
BTW, cheetahmatrix is still using paypal.

paypal account: payment@cheetahmatrix.com

ycchen
July 20th, 2004, 05:55 AM
I think I find another trick that these 2nd generation scammers are playing.

They use cash matrices to make money from speculators, and real product matrices to scam newbies. haha... what a smart idea!