A Bitcoin Scam Dressed Up as Gifting
RJGM Power Team keeps collapsing and relaunching itself—a telltale sign of a scheme running out of steam.
The operation lists four admins: Janice Lee, Shual Thomas, Gary Phillips, and Lee Woodsum. On July 16th, Lee posted that RJGM Powerbuild had launched "a few months" prior. It crashed almost immediately. The company tried again as RJGM Power Build. That collapsed too. Now they're back as RJGM Power Team with a freshly minted website domain as of August 5th.
The churn matters because it shows the pattern. When regulators or law enforcement close in, these schemes vanish and resurface under slightly different names. Same operators. Same model. Same victims.
Lee herself has been pushing multiple bitcoin schemes in the background—BitComet, Bitcoins Brain, Project Ethereum, and JetCoin. Gary Phillips has promoted JetCoin and Project Ethereum. Shual Thomas and Lee Woodsum keep their public profiles clean, staying out of the MLM spotlight outside RJGM. That's calculated. If the whole thing implodes, at least some names remain unblemished.
The mechanism here is straightforward: RJGM has no actual products. No services. No retail business. Affiliates market nothing but RJGM membership itself. That's the first red flag in any MLM investigation.
Instead, the company runs a 2×5 matrix scheme where members "gift" bitcoin to each other. When you join, you hand over 0.002 BTC to whoever recruited you. That payment supposedly qualifies you to receive money from two recruits you bring in. Each level down the matrix doubles in size and requires bigger gifts.
Level one costs 0.002 BTC. Level two jumps to 0.003 BTC. Level three goes to 0.01 BTC. Level four hits 0.05 BTC. Level five—where the real money supposedly flows—requires 0.5 BTC from each member to receive 0.5 BTC from 32 positions below. Full participation costs 0.565 BTC total.
The math breaks instantly. You need exponentially more recruits at each level just to break even. By level five, you'd need 32 people below you all paying in full. They'd each need 32 more beneath them. The pyramid collapses under its own weight because there aren't enough people on Earth to sustain it.
RJGM's defense is insulting: they're donations, not purchases. Members give "freely and willingly," so no refunds. The pseudo-legal argument is thin. Legitimate donations expect nothing in return. RJGM participants expect payment. They're paying entry fees to receive money from people beneath them. That's not charity. That's a pyramid scheme dressed in the language of gifting.
The bitcoin angle adds another layer of deception. Cryptocurrency transactions are harder to trace than bank transfers. No paper trail. No chargeback protection. Once the bitcoin leaves your wallet, it's gone.
When RJGM collapses—and it will—members won't get their money back. The admins will have moved the bitcoin to new wallets, launched a new scheme with a new name, and started recruiting again. The cycle repeats until law enforcement finally catches up.
🤖 Quick Answer
What is the RJGM Power Team and its connection to bitcoin gifting schemes?RJGM Power Team is a matrix-based gifting operation utilizing cryptocurrency, operated by administrators including Janice Lee, Shual Thomas, Gary Phillips, and Lee Woodsum. The organization has repeatedly rebranded following regulatory scrutiny, transitioning from RJGM Powerbuild to RJGM Power Build before establishing its current iteration in August with a newly registered domain.
Why do repeated rebranding cycles indicate fraudulent activity?
Successive rebranding patterns constitute a recognized indicator of unsustainable pyramid schemes. When regulatory agencies or law enforcement intervene, illegitimate operations dissolve and resurface under altered nomenclature while maintaining identical operational structures, participant bases, and administrative personnel, demonstrating deliberate evasion tactics rather than legitimate business evolution.
**What role does cryptocurrency play in
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