Jeffrey Manalaysay, a resident of Pangasinan, Philippines, appears to run Casharead, an investment scheme. The website's domain, casharead.com, was registered on August 26, 2013, with its ownership details kept private. Meta keywords on the site include "paluwagan," a term for a traditional Philippine group savings arrangement.
The "paluwagan" model involves a group of individuals paying an operator a fixed sum regularly. Over a set period, the accumulated funds are distributed to participants one by one until everyone has received a payout. This specific keyword suggests Casharead's operators are likely based in the Philippines or have Philippine ancestry.
Further investigation links Casharead's support services to the Yahoo Messenger account "naglarok." In October 2012, a Jeffrey Manalaysay used this same "YM: naglarok" handle in Facebook advertising for the Alliance in Motion MLM opportunity. This connection points to Manalaysay as a likely administrator behind Casharead.
Manalaysay's Facebook profile lists his location as Pangasinan, a province in the Philippines. He also has documented ties to Profit Clicking and Just Been Paid, both recognized as collapsed Ponzi schemes.
Casharead offers no retail products or services. Instead, affiliates market membership to the scheme itself. Those who join can purchase positions within the Casharead compensation plan. These positions come bundled with advertising credits and access to an ebook library.
The company does offer advertising directly to non-affiliates. This option operates separately from the MLM aspect of the business.
Casharead's compensation plan combines revenue sharing with a matrix structure. Affiliate earnings depend on their investments into either of these components.
Matrix commissions operate on 2x2 matrices. Each position costs affiliates $8. An affiliate sits at the top of their matrix, with two positions directly beneath them. These two positions then each branch out to two more, filling a total of six spots.
When all six matrix positions are filled, the top position "cycles" and pays out $13.50. The affiliate who cycled then re-enters a new 2x2 matrix, restarting the process. Casharead also pays a $2 commission for each recruited affiliate who purchases a matrix position.
Revenue sharing positions in Casharead cost $10.
Jeffrey Manalaysay's Facebook profile explicitly lists his location as Pangasinan, Philippines.
