ScamTelegraph investigations reveal DBM Masterminds, an investment scheme launched this year by CEO Dillon Dean, offers affiliates tiers ranging from $70 to $280. The company, which lacks a public corporate address, promotes a compensation plan described as ensuring commissions for all members.
DBM Masterminds, headed by Dillon Dean, launched earlier this year without providing a public corporate address on its website. The company's domain registration, however, traces back to Dean using an address in Colorado, suggesting the operation may be based there. Dean's corporate biography on the DBM Masterminds site states he has three years of experience in "internent marketing" and aims to "help EVERYONE make money," claiming to have created a system that "ensures commissions for all his members."
Prior to DBM Masterminds, Dean's online activities suggest involvement in other multi-level marketing ventures. A Facebook image from December 2013 indicates his participation in Vemma. Further research into his blog entries from early 2013 shows Dean marketing both Vemma, known for its Verve energy drink, and TVC Matrix (MCA), which features a recruitment-driven matrix compensation plan tied to motor insurance. By November 2013, Dean’s blog pivoted to promoting what appeared to be a binary options opportunity, suggesting a shift away from Vemma and TVC.
DBM Masterminds appears to offer no proprietary retail products or services beyond affiliate membership itself. A "DBM Products" section on the company website lists various items that are directly copied from Amazon product descriptions, often with inflated prices. This practice suggests Dean may be utilizing an Amazon affiliate account to list these products, which seem unrelated to the core DBM Masterminds business opportunity.
The DBM Masterminds compensation plan, despite being presented as an 11-level deep matrix, operates more akin to a straight-line cycler scheme. Affiliates purchase a position at one of two tiers: Gold for $70 or Success for $280. A "cycle" is completed when 584 new positions are purchased, specifically 120 Gold and 464 Success positions, after which the initial affiliate receives a payout.
The payout an affiliate receives upon completing a cycle depends on their initial investment. A Gold position yields a $150 payout, while a Success position returns $625. DBM Masterminds also offers referral commissions for bringing in new participants, paying $6 for each Gold position purchased through referral and $24 for each Success position. Affiliate membership is the primary entry point for participation in DBM Masterminds.
What is DBM Masterminds?
DBM Masterminds is an investment scheme launched by Dillon Dean, offering membership tiers at $70 and $280. It claims to provide a system that ensures commissions for its members through a cycler-like compensation plan.
Where is DBM Masterminds located?
The company's website does not list a corporate address. However, the domain registration for DBM Masterminds is linked to Dillon Dean at a Colorado address, suggesting the operation may be based in that U.S. state.
What kind of "products" does DBM Masterminds offer?
DBM Masterminds does not offer its own retail products or services. Its "DBM Products" section lists items with descriptions copied from Amazon, often at higher prices, likely through an Amazon affiliate account maintained by Dean.
How does the DBM Masterminds compensation plan work?
The compensation plan functions as a straight-line cycler. Affiliates buy a position, and once 584 new positions are purchased, they "cycle" and receive a payout of either $150 for a $70 Gold position or $625 for a $280 Success position. Referral commissions are also paid.