BIZARRE: ‘Program’ Dubbed ‘CashCropCycler’ Has Ponzi-Board Presence And Zeek Pitchman While Touting Payouts Through PerfectMoney, SolidTrustPay And EgoPay — And Saying It Provides JSSTripler-Like Signup Bonus Of $10

A “program” with the bizarre name of “CashCropCycler” (Triple C) is being pushed on the Ponzi forums, amid claims it issues cashouts through offshore payment processors linked to fraud scheme after fraud scheme and gives enrollees $10 just for signing up. An earlier HYIP scam known as JSSTripler/JustBeenPaid that appears to have morphed into at least two other scams also advertised recruits would be paid $10 for enrolling in its “program,” which purported to pay 730 percent a year (precompounding).

Like a series of recent scams, CashCropCycler purports to be a “revenue sharing and advertising” program. It also claims it is using Skype and Gtalk for customer service. The lead pitchman for CashCropCycler on the MoneyMakeerGroup Ponzi forum appears to be “mmgcjm,” the lead pitchman for the alleged $600 million Zeek Rewards Ponzi scheme at the same forum.

Whether CashCropCycler borrowed part of the JSS/JBP fraud pitch wasn’t immediately clear. Also unclear is whether CashCropCycler’s  unusual name was designed to be provocatively ambiguous or as a taunt of some sort. Could the unidentified Triple C operators be suggesting they are using the HYIP world to crowd-source the cultivation of marijuana, for instance? Other HYIP schemes — CashTanker, BotFly and Insectrio, for instance — may have been named to taunt regulators and demonstrate just how gullible investors can be.

CashCropCycler curiously discusses the Triple C alliteration in another context, saying “The name ‘Triple C’ came about in year 2012 when we gave all our personal earnings to support the Clarion Children’s Choir, that was the best experience for us as a team.”

The “program” purports to be operated by “three friends, Americans by naturalization and Swedish by birth; Benson, Dave and Anderson.”

CashCropCycler’s website defines the trio as “ordinary people who find delight in been [sic] able to help our same human species. It doesn’t matter what country you’re from, what race you belong or how educated you are; we only care to help people by building a network that ticks, and this is what we enjoy doing.”

Records suggest that one of the domain nameservers (ian.ns.cloudflare.com) linked to CashCropCycler has been used in spam campaigns for everything from malware to potentially fraudulent National Football League jerseys and potentially fraudulent designer purses purportedly from Louis Vuitton.

Meanwhile, the CashCropCycler Terms of Service includes the strange phrase “Agreements shall be interpreted under the laws” — without identifying a jurisdiction or set of laws used if disputes occur. The Terms also confoundingly assert that “A member is neither an employee nor an independent contractor of CASHCROPCYCLER,” even as CashCropCycler asserts elsewhere on its site that promoters can earn MLM-style commissions totaling 15 percent over three tiers.

By plowing $10 into the scheme, according to the CashCropCycler website, members will earn “186% in 60Days” [sic]. A sum of $50 purportedly fetches “129.60% in 25days” [sic]. Recruits should feel good about the “program” (apparently) because the “script was tested for 68days [sic] before this official launch.”

And members also are permitted to engage in “Member to Member Transfer[s]” from inside the CashCropCycler system “for a 2.50% fee,” according to the website. Beyond that, according to the site, members can pay an exchange “fee of 8.70%” should they wish to have their earnings paid through a processor other than the one through which they joined the “program.”

Some purported exchange services were among the casualties of the Liberty Reserve money-laundering action in the United States in May. Federal prosecutors in New York said that the now-shuttered Liberty Reserve payment processor was facilitating any number of fraud schemes while helping criminals launder billions of dollars.

Even though CashCropCycler members purportedly are neither employees nor independent contractors of the “program,” they nevertheless are encouraged to (italics added/no edits made):

“Promote via banner/text advertisements on other advertising websites that you are a member of.

“Be active on the forums, including MoneyMakerGroup, TalkGold, DreamTeamMoney and Investment-Tracker .

“Including a link to CashCropCycler in your signature in forums.

“Traffic exchanges/Safe lists.

“Social media.

“Word of mouth.”

At least four ads that appear to highlight other HYIP schemes appear near the bottom of the CashCropCycler landing page. One of the ads is for “NeoMutual,” which uses a tagline of “we are crowdfunding.”

Some critics of crowd funding have voiced concerns that easing regulations on certain types of startup companies before appropriate safeguards are in place could lead to egregious marketplace abuses.

Ads for what appear to be HYIP schemes are displayed on the website of CashCropCycler. A purported opportunity known as NEO Mutual purports to be a “crowd funding” company through which members can use payment processors such as Perfect Money, SolidTrustPay and EgoPay that have been linked to multiple fraud schemes. NEOMutual also purportedly does business with bitcoins and PexPay — all while employing a “bank transfer” option. NEOMutual purports to have “Junior,” “Senior” and “Executive” plans that pay daily interest rates of 1.4 percent, 1.6 percent and 1.9 on sums  between $20 and $250,000. NEO Mutual says it is located at Revolution Tower in Panama City, Panama. Like the “Profitable Sunrise” scheme, NEO Mutual purports to be in the bridge-loan business. In April 2013, the SEC called Profitable Sunrise a scam that may have gathered millions of dollars while using a “mail drop” and offshore bank accounts.

Also see CashCropCycler review on BehindMLM.com.