Pay Diamond Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Pay Diamond has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Pay Diamond in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Pay Diamond.
I wanted to gather all the information about Pay Diamond in my Pay Diamond Review in order for you to make a decision about joining Pay Diamond.
Is Pay Diamond legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Pay Diamond.
Read on to find out what you need to know.
What The Heck Is Pay Diamond?
Looking at the official website for Pay Diamond, there’s not a whole lot to see when it comes to honest and legitimate background information.
Nowhere at all will you find any information in regards to who owns or runs the company, and while this may not seem like a big deal to some people, it’s huge when it comes to looking at a new potential business opportunity.
Taking a glance at the domain name registration, the Pay Diamond domain was first registered back on December 26, 2014. However, the domain was updated a little less than a year later on November 27 of 2015.
The owner for the domain is simply listed as PayDiamond Marketing & Sales Limited, and an address over in Hong Kong is provided as well (virtual office address).
At the time of writing this review, Alexa rankings estimate that 12% of all traffic that Pay Diamond receives comes from South America. This lines up nicely with the fact that the Pay Diamond website is noted on a Brazilian server, not to mention that the default language for the site is set to the main language for Brazil (Portuguese).
With all of this information in mind, it’s very likely that the anonymous person behind Pay Diamond is located somewhere in Brazil.
What Are The Pay Diamond Products?
Moving over to the product line that Pay Diamond is bringing to the table, this is another area where there’s not too much to discuss.
Pay Diamond is an MLM opportunity with no retail goods or services to speak of, and this means that there is nothing at all being sold to retail customers.
Affiliates have just the affiliate membership to try and sell to people who are in the market for a new income opportunity, and this is never something that you want to see when looking for a legitimate MLM opportunity to get affiliated with.
What About The Compensation Plan For Pay Diamond?
As for the compensation plan that Pay Diamond is advertising, affiliates can earn by first investing money into the company. Doing this will allow them to secure an ROI that pays for 50 total weeks, and the various levels of investment include the following —
- Joy affiliates invest $200 and earn a weekly ROI of $10
- Light affiliates invest $400 and earn a weekly ROI of $20
- Plus affiliates invest $1200 and earn a weekly ROI of $60
- Master affiliates invest $3600 and earn a weekly ROI of $180
- Premium affiliates invest $36,000 and earn a weekly ROI of $1800
Affiliates can also earn money through recruitment commissions, and those payouts include —
- $5 commission for recruiting a Joy affiliate
- $10 commission for recruiting a Light affiliate
- $30 commission for recruiting a Plus affiliate
- $100 commission for recruiting a Master affiliate
- $1000 commission for recruiting a Premium affiliate
What’s The Cost Of Joining Pay Diamond?
In order to join Pay Diamond, you’ll need to pay both a recurring monthly membership fee and invest in one of the following levels that I outlined above. Choosing to invest more and more money each month will increase your earning potential, and there’s currently no word on how much that monthly membership fee is.
So, Is There A Pay Diamond Scam Going On?
Have you been hearing rumours that Pay Diamond is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Pay Diamond scam going on?
If I am being perfectly honest, Pay Diamond isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Pay Diamond Review And Conclusion!
Pay Diamond is a rather unremarkable company, and that point is driven home even more so after looking through everything that it’s offering to potential affiliates.
You invest money in order to get a weekly ROI for 50 total weeks, and you can also earn additional cash by recruiting other people to join and invest.
The only identifiable source of income is that of the affiliate investments, and these funds are quite clearly being used to pay affiliates for their commissions and ROIs.
In other words, Pay Diamond is operating as both a Ponzi and pyramid scheme.
Like all other schemes of this nature tend to go, Pay Diamond will collapse once recruitment and investment activities die down. This will cause the company to run out of income, and the anonymous admin will then make off with the lion’s share of all the money while everyone else is left to lose out.
It isn’t a pretty picture at all, and as such, you should avoid this setup at all costs.
I really hope you have gained value from my Pay Diamond Review.
I wanted to make sure you had all the information you needed, because most other Pay Diamond reviews are just trying to sell you something.
If you really do decide to join Pay Diamond, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!