A new investment scheme, RevShareCycler, appeared on August 6, 2013, listing Andrew William Carleton and Williams Alderson as its UK-based partners. The operation quickly drew scrutiny for its terms and conditions, which replicate those of a recently collapsed Ponzi scheme.
RevShareCycler's Terms and Conditions are lifted directly from JubyAdShare. That scam launched in mid-July 2013, accepting deposits between $10 and $1000. It promised returns of 120-135%. By mid-August, JubyAdShare ceased operations after losing its Payza payment processor. Operators blamed "DDOS attacks," a common excuse when investor funds vanish.
The timing of RevShareCycler's launch raises questions. As JubyAdShare imploded, the same operation rebranded as JubyAdBank. JubyAdBank now faces disputes with payment processor SolidTrustPay and forces users to reinvest 50% of their earnings to remain active.
All three sites—JubyAdShare, JubyAdBank, and RevShareCycler—utilize the same backend software, ShadowScript. The company behind this software openly markets it as providing "HYIP" management systems. HYIP, or High Yield Investment Program, is a widely recognized euphemism for a Ponzi scheme within the investment sector.
Williams Alderson has a history with such operations. He previously ran Diamond Wealth Club, another failed scheme. Diamond Wealth Club operated from the same server as Matrix Cycler, a $30-per-position pyramid scheme launched in May 2013. In emails for Diamond Wealth Club, Alderson identified himself as Andrew Williams Alderson. For RevShareCycler, he dropped the "Andrew," suggesting an attempt to obscure his past.
Andrew William Carleton, the supposed other half of the partnership, leaves no digital trace. He has no social media presence, no record of previous business ventures, and no public activity. This suggests the name is either fabricated or he actively maintains invisibility.
RevShareCycler's domain registration lists private ownership details, making it impossible to confirm who controls the site. The FAQ section buries the names of the alleged operators deep in the fine print. This is a common tactic for companies seeking to avoid direct scrutiny.
The operational playbook remains consistent: collect investor money through profit-sharing claims, promise impossible returns, use payment processors until they discontinue service, blame external attacks, then rebrand and restart. ShadowScript supplies the software. Williams Alderson supplies the experience in running failed schemes. RevShareCycler provides only a fresh name.
Investors putting money into RevShareCycler are funding another iteration of a proven con artist's model. History suggests this scheme will not last past mid-August either.