Robert Mcatamney, based in Queensland, Australia, operates 3to600, an online matrix cycler scheme promising participants up to $777 from an initial $3 investment. This model mirrors previous online programs tied to Mcatamney's name.
Mcatamney previously ran One Time Infinity and Cash Money Bucket. Both schemes, launched last year, used a similar structure. Participants bought matrix positions, and money cycled through multi-tier Ponzi arrangements. Alexa data indicates both earlier programs collapsed after a short run.
No legitimate retail product or service exists within 3to600. Affiliates market 3to600 memberships exclusively to other affiliates. The scheme offers advertising credits for the 3to600 website with each position purchase. These credits serve no practical purpose beyond creating an illusion of a legitimate service.
Participants pay $3 for a single position. The scheme advertises a potential return of $777 per position. This payout depends entirely on new participant money entering the system.
3to600 operates through six tiers of 3x1 matrices. Three new positions must be purchased within a tier to "cycle" an existing position and trigger its progression or payout. Each tier carries different financial implications. Tier 1 costs $3 but pays no direct commission, instead cycling the position into Tier 2. Tier 2 pays $2 and cycles into Tier 3. Tier 3 pays $25 and moves into Tier 4. Tier 4 yields $50 and cycles into Tier 5. Tier 5 offers $100 before cycling into Tier 6. The final Tier 6 pays the primary $600 commission.
Beyond the main six tiers, two "bonus tiers" exist. A $400 bonus tier pays $400, and an $800 bonus tier pays $2400. Affiliates can hold a maximum of three active positions per tier under a single account. The scheme instructs individuals seeking more positions to register new accounts using different usernames and email addresses. This practice aims to circumvent internal limits while increasing overall participant numbers.
The 3to600 cycler functions as a Ponzi scheme. Investors' returns come solely from funds contributed by subsequent investors. This structure requires a constant influx of new money to pay off earlier participants. When new recruitment slows, the system inevitably collapses.
The advertising credits offer no real value. A legitimate service would typically offer refunds for unused balances. 3to600 maintains a strict no-refunds policy. This is because all incoming funds are immediately distributed to earlier participants, leaving no capital to return. Robert Mcatamney's previous ventures, One Time Infinity and Cash Money Bucket, both ended with significant losses for most participants. The mathematical reality of such schemes means 3to600 faces the same outcome.