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Dan Wright

The News Spy Review, Scam Signals App Exposed! Warning

January 1, 2021 by Dan Wright Leave a Comment

Welcome to our exclusive News Spy Review and SCAM Investigation. Binary Scam Alerts is the first to expose this new fake manual signals software which claims to be the “game changer” in online money making (literally). In reality, its the same game and you are the one being played by crafty affiliate marketers looking to line their coffers while using the fraudulent News Spy Scam app in a very deceptive and misleading way. So before you risk your money with this cheating system, we recommend you take a step back and consider your options because you are about to make a mistake which will regrettably cost you at least $250, and that is just starting out money. When we tested this software our account was linked to a broker named “Golden Markets”. This is an unregulated Forex, cryptocurrency, and CFD broker located in Estonia which will use every trick in the book to swindle you, and our researchers have already identified countless complaints online mainly having to do with declined withdrawals and bad service.

The “News Spy” scam is advertised as a system which detects market changes based on news reports and generates signal “spy alerts” accordingly. Needless to say, the concept of trading the news has been rehashed and repackaged so many times that it is just ludicrous to use this type of sales pitch AGAIN and expect it to work. The problem is that it WILL work for the promoters but not for you (that’s the real secret)! We know for a fact that opportunity seekers looking to cash in on a legitimate trading system will try out the sleazy News Spy software without doing some proper fact-checking, and that is where they will end up losing their money and get scammed by crafty con artists. If you want to know how the News Spy scam works and what methods we used to expose it, keep reading our detailed and informative review as we explain the facts very clearly.

Official Website, Login Page, and Members Area: thenewsspy(dot)com

Evidence of SCAM
Here we have the News Spy primary sales page and registration area. It is plain to see that there is much hype being used in an extremely manipulative way. For example, the fake news stickers, pressure counters urging you to signup, and out-of-context sound bites being re-edited in and put together in a very persuasive manner.

That is standard SCAM practice right out of the con artists handbook of how to bait and lure unsuspecting victims into a get-rich-quick scheme. However, that is not the eye-opening proof you all expect to see (we know that). The smoking gun so to say can be found in the screenshot below. Here we have the testimonial section taken directly from the News Spy members area. It’s quite clear to see that Robert W is not really who he claims to be. In reality his name is Simon Baldock who is a “B” movie actor with a gig on fiverr. Here we have him dressed up as a Nazi officer in a British sitcom name “Allo Allo”.

The News Spy Review – Blacklist SCAM Or Legit Trading Signals?
The News Spy is being marketed to us as a type of news intelligence hub which dissects and analyzes news and current events from around the world. It’s advertised as an easy way to make fast money online by working only a few minutes a day. They claim there is a success formula which is attributed to a state-of-the-art powerful tool which “finally makes money like the big boys” and is so effective and profitable that it “disrupts” the trading scene. In the opening video we see all the TV news presenters interview teen age millionaires such as Erik Finman who made massive amounts of money by investing early, and this indirectly connotes or insinuates that you can do it too! Naturally this is taken out of context and these kids are very lucky not just talented.

How Does The News Spy System Work?
The sales page claims that it is a combination of three factors. The first is a News Intelligence Hub which combines automation of news-collection and human analysis. The second has to do with a dedicated analysis team which processes the news and provides human input. And the last factor has to do with ease-of-use, which is supposed to save time and effort. There is a demo of how the software works and it shows in a very illustrative way how the news is spotted and generated. It’s all quite impressive at first glance, but it’s just a shell and the signals (spy alerts) are produced in a random manner at best and most likely in a way which causes you to lose your money.

Is The News Spy Software Profitable?
This software is definitely profitable, but not for you. It generates profits for affiliate marketers and online promoters who endorse it and you pay their commission checks. Get ready for massive SPAM email marketing campaigns and annoying popups which will stick to your browser settings and you will have to install anti-spyware software to remove it.

The News Spy Fake Claims and Fabrications
The logos for CNBC, and other cryptocurrency news sites are used indiscriminately. After a quick check we found out the News Spy was never mentioned in any of these news publications and that is grounds for legal action for false advertising.

Red Flags And Rubbish
The red flags are clearly present and accompany us throughout the presentation. We clearly see the hype, fake testimonials, inflated bank accounts, fake claims of risk-free trades and easy money with little or no work, and of integration with unlicensed brokers.

Fake News Spy Reviews
We are the first ones to publish a News Spy review and scam report. This is a unique review and we have done our best to present the facts in a new and more intriguing manner. However, we are sure that once this scam goes viral we will see multiple fake reviews and endorsements by affiliate websites who are looking to collect commissions. Especially problematic are certain reviews site which advise you to avoid the News Spy SCAM and start trading with the blacklisted Maximus Cryptobot which ALSO uses fiverr actors and makes false claims. This is extremely misleading not to mention confusing especially for new traders just starting out.

Still Trust The News Spy and Not Convinced Its a SCAM?
If you are still hesitant and for some unknown reason still believe you will make money using The News Spy scam software, then you had best prepare yourself for the worst. Get ready for rude sales reps posing as legitimate “investment consultants” calling you up at night and asking you to reinvest. We also have complaints in regards to overcharging on credit card statements and we all know this type of deceptive pattern is also related to identity theft and offshore tax evasion. In short, don’t say we didn’t warn you and get ready to kiss your money goodbye because that is a 100% guarantee.

Recommended Alternatives
On a different note, if you are new to online trading, specifically in Forex and cryptocurrencies, then this is a good time to check out our recommended section.

There are too many scams out, but once in a while a decent app emerges and performs as expected. Even more importantly, we can help guide and assist you in choosing a safe and trusted trading app which will save you a lot of headaches, aggravation, and money.

The News Spy Review – Conclusion & Helpful Tips
The News Spy scam signals app is totally blacklisted and our final judgement on this is that it should be avoided at all cost. We really don’t know who the people behind this thieving software are, and there is no way for us to confirm their true identities. No social profiles are provided, there is no whitepaper or product road map in the relation to the development life cycle, the contact us section is not clickable, and the same is for the disclosure, terms and conditions, and privacy section. Even the cheapest scams at least put on a decent show and add some kind of escape clause or disclaimer noting some regulation regarding to tax reporting and fraud. This is a severe oversight and getting to be especially important during these times where privacy issues and fake news is becoming increasingly problematic. So, to recap the News Spy scam signals software is blacklisted and we highly recommend you seek alternative and more legitimate investment channels. Don’t forget to reach out and message us on our Facebook Group , Google +, Pinterest, and YouTube Channel

Disclosure

Filed Under: Scam Reviews

Algo Robotics Review, Fake Algo Robotics Scam? Yes, Confirmed!

September 4, 2018 by Dan Wright Leave a Comment

Algo Robotics review and scam investigation (prompted by complaints). Is Algo Robotics SCAM or not? Well, we are guessing you are reading this review because you received some type of SPAM email invitation to join a website called algorobotics.com. Now, the sales pitch about a 100% automated trading software which is easy to use, smart, and accurate got you intrigued. However, something made you take a step back and think twice. Some call it intuition, others skepticism but regardless of how you want to call it, for some reason you became hesitant and started searching the internet for an informative and impartial Algo Robotics review. Thankfully you have landed on our site, and our diligent staff of researchers was able to produce conclusive proof of SCAM which will lay to rest any uncertainly in regards to the authenticity of this insidious new software. Truth be said, Algo Robotics has nothing to do with algorithmic trading, and you can forget about a 307% return on your investment (that’s a blatant lie)! Contrarily, it has everything to do with misleading and deceiving innocent day traders and opportunity-seekers such as yourself.

Algo Robotics Is a Blacklisted Crypto and Forex SCAM (Fake Forex Bot). Don’t take the bait and never deposit!

The obvious objective of the Algo Robotics app is simple. It is to bait you by making fake claims in an attempt to coerce you into signing up with an illegal offshore broker. In our case it was Golden FX, which is owned and operated by a company named “Consulting Group Ltd.”with an address in St. Vincent and the Grenadines (registration number 1622 CTD 2017). They also have a registered office at Suite 305 Griffith corporate centre PO Box 1510 Beachmont Kingstown. This is how the advertiser or affiliate makes his money, but not you! You lose the money and Golden FX pays the promoter with your stolen funds! We also found out that this broker is also connected to BRFXtrade, which is listed with the same company name and has been blacklisted by various Forex review sites. Want to know why this is happening and why you are being targeted as the next victim of the fraudulent Algo Robotics scam software? Keep reading our detailed Algo Robotics review to see exactly how we exposed the crooks behind it and shed light on their misdoings!

Official Website, Login Page, and Members Area: algorobotics.com

Proof of SCAM
Below you will find the primary sales page and registration area for the Algo Robotics SCAM software and fraudulent automated trading app. Here you will clearly see it says “100% automated trading”, however there is no software to be seen or tried out in the form of a demo account in any place (not even a picture). The reason for that is because there is NO software (well, not in the traditional sense).

This is what happens in reality after you fund a trading account. The broker pushes some fake in-house bot which trades on auto-pilot and loses your money (intentionally). After that you will get called up PROFUSELY by clever sales agents in the guise of “Senior Account Managers” who will try to sell you their strategies and promise you vast riches if you only take a minute and wire them the remainder of your pension fund or tuition money. Yep, welcome to the nauseating world of boiler room scams, and you are officially selected to become the next victim if you join this program.

Here is the next piece of evidence we were able to obtain. Its a well-known fact that you can’t have a really effective scam without some fake testimonials, and voila! Here we have “Mohammed” from Abu Dabi who seems to be super-happy and claims he withdrew $5,897.32.

In reality “Muhammed” is an image bank actor and we found his picture on a German server provider website named United Hoster. The link is attached so you can see for yourself.

And of course here comes the hype and exaggerated claims of easy money. The image below claims that Algo Robotics has generated a 307% return on investment! Naturally there is no experience needed, no fees or commissions, and everything is done on auto-pilot.

Obviously this is a ruse which is intended to mislead you. The antivirus logos by Verisign and Symantec are also fake and used to lend this scheme an added dimension of legitimacy. Unfortunately for these con artists, we caught them with their hand in the cookie jar and will not stop until Algo Robotics is shut down or these crooks get locked up!

What is Algo Robotics and Who Is Really Behind It?
Similar to other systems which have been recently launched, Algo Robotics is merely a website with a sales scheme and a registration form. There is no trading dashboard, no way to reduce you risk by changing the amounts you wish to trade, and no functionality of any kind. After you signup you get a phone call from the broker who will try to dissuade you from the concept of trading automation and sell you some worthless strategy. If that doesn’t work they will just call you day and night until you threaten them or change you phone number.

Algo Robotics Review, SCAM Or Legit Crypto Robot?
This app is being marketed as “an automated trading system or robot”. This means the trades are executed on auto-pilot and without any form of human intervention. No need for experience or knowledge of the markets, the Algo Robotics algorithm does all the “heavy lifting” for you so you can sit back and watch you profits grow without having to manage trades or understand complicated trading strategies.

How Is Algo Robotics Different?
They claim it is “ahead of the markets by 0.01 seconds.” In other words, it is supposed to be faster than competing systems.

Fake Algo Robotics Reviews
Actually there are no Algo Robotics Reviews at all (fake or real) since we are the first to expose this crappy piece of technology. But we can promise you that right after we post others will follow.

Is it Free?
No, it is not! Get ready to part with at least $250, and naturally that money will be deducted from your credit card by some thieving offshore brokers who could care less about your financial situation.

Other Viral Scams Trending
The big scams to watch out for now are Calloway Software and Bitcoin Revolution.

Still Trust Algo Robotics?
Well, if that’s the case and you still want to invest with this fake Forex robot then don’t be surprised if you end up getting ripped off and some sneaky salesperson with a weird accent keeps calling you at night to get more money out of you.

A Few Trustworthy Solutions
We understand that right about now its starting to sink in that Algo Robotics is really a kind of elaborate scam which you have been able to avoid because you are a smart person who conducts proper research. But still, the question remains. What does work? Fortunately our staff compiled a short but reputable list of consistent money-making systems. These are all present in our recommended section, so take a minute to check it out.

Algo Robotics Review Summary and Conclusions
The Algo Robotics scam software and automated trading system is BLACKLISTED for sure and its both pointless as well as counter-productive to try and prove otherwise. We put this piece of trash to the test and invested our own money, and guess what. Big surprise, we lost everything after about 30 minutes after the broker activated the app. So yes, we are being sarcastic about it, but in reality when it happens to you it feels really bad because no one likes getting cheated, especially by criminals in some strange place who just want to get their dirty little fingers on your credit card. So to recap, the Algo Robotics software, app, and automated trading system (AKA Bot) is BLACKLISTED and with good reason. The software is rigged and set to lose, and even if by some strange stroke of luck you happen to win some money, the broker will never let you cash out so you can kiss your money goodbye. As always, we invite you to message us and subscribe via our Facebook Group , Google +, Pinterest, and YouTube Channel

Disclosure

 

Filed Under: Scam Reviews

Bitcoin Formula Review, Cloned Bitcoin Formula SCAM is a Fake App!

August 27, 2018 by Dan Wright Leave a Comment

If you are reading this Bitcoin Formula Review, then you are surely searching the internet for information or facts in regards to the newly-launched Bitcoin Formula Scam trading app and software. Here’s a little factoid, this is not a trading robot or some fake automated signals system. This is just a sales page with a registration form which has been totally ripped off and plagiarized from another scam named the Bitcoin Trader. Now, before we continue with our review, we need to clarify a few details. Firstly, we are not associated or affiliated in any way with the Bitcoin Formula SCAM, so there is no conflict of interest. Secondly, the crooks orchestrating this sloppy scam were able to get listed in an various filthy affiliate networks such as Offer Vault and Biz Profits, so this scam will surely go viral soon as it will get picked up and promoted by affiliate marketers and fake review sites. Additionally, when we tried signing up we were assigned a broker, but as our evidence will show, we were never advised about which broker was assigned to us and received some type of error message pasted on a page that would not fully load. From this fact we deduce that this is a twofold blow for the advertisers. Initially for lacking originality, and then for being tech amateurs and not properly integrating with brokers.

So why should you be concerned about this new system? In reality our Bitcoin Formula Review and investigation was prompted by serious complaints, and people don’t complain without reason. Our submit a scam section on the site received recurring grievances about the Bitcoin Formula software and as we started to connect the dots, it became quite evident that we are dealing with a confirmed financial scam. As a result of this, and due to the extremely deceitful and misleading nature of this fake system, our staff of researchers had no choice but to warn our members and BLACKLIST this bogus software. Keep reading out detailed Bitcoin Formula Review to see the evidence we were able to produce and how we were able to expose the con artists behind it.

Official Website, Login Page, and Members Area: This Site is Spoofed and Keeps Changing

Proof of SCAM
Here we see a screenshot taken of the original Bitcoin Trader software, and right next to it you will see the Bitcoin Formula sales page. It’s very clear to see that it is a total clone and replica wrapped up to sell you lies and get you signed up for something which is totally obscure and hyped up.

As we move forward you can see the same trend continuing, as the text which says “Join Us and Start Getting Rich” as well as “Laser accurate” performance and award winning trading app is copied verbatim from the Bitcoin Trader to the Bitcoin Formula.

It’s worth mentioning that this has been tried previously without much success. A system named 365 Bitcoin Trader also went live recently, but it has not gone viral like the original Bitcoin Trader System.

And here is the last piece of the puzzle. Above you will see the post-registration page popup, and as you can see the rubbish about high payouts and successful trading is constantly being waved in your face. Unfortunately, we are looking at an affiliate marketing scheme where online promoters get referral fees for delivering paying customers to shady offshore brokers. In our case we received a 404 error message and a blank screen after being directed to this page, which means these are sloppy scammers who are not really technically savvy. For all intents and purposes, this software has nothing to do with market trends or an intelligent trading algorithm integrated with an arbitrage investment platform. Its just a simple sales page full of hyped up claims and inflated bank accounts designed to drain your bank account.

What is Bitcoin Formula?
It is being advertised as “a group reserved exclusively to people who jumped on the insane returns that Bitcoin offers and have quietly amassed a fortune in doing so.” Bitcoin Formula Members get to enjoy a carefree lifestyle, travel the world, and generate passive income by working just a few minutes a day.

How Does Bitcoin Formula Work?
It’s supposed to be an award winning trading app “which performs at the 99.4% level of accuracy”. That is the reason members Bitcoin Formula members “double, triple, and quadruple their hard-earned money.”

Bitcoin Formula Review
The system is being presented as an advanced trading app with superior, cutting-edge technology which beats markets by 0.01 seconds. This is the “secret” which provides the software the edge it needs in order to beat the competition and generate money for its members. Once you fund the app you automatically claim the “proprietary bitcoin trading software for free” and start trading and making  money.

Is It Really Free?
Absolutely not! It’s going to cost you at least $250 in order to access this filthy software, and that money will be charged to the broker which is assigned to you (which will not be regulated in most cases).

Is Bitcoin Formula Scam Or Legit?
This is a filthy scam and there is nothing legit about it. Con artists will use all kinds of tricks to deceive you. Primarily fake news will be used, so get ready for fake advertisements from Richard Branson, Elon Musk, and other business moguls depending on where you live. For example, if you live in Malaysia, you may be illegally solicited by an ad claiming Tan Sri Vincent (a local business mogul) invested in the Bitcoin Formula and made millions. Needless to say, this is a blatant lie and an example of false advertising in its purest form.

Other Viral Scams Trending
The ones to watch out for are Binary Robot 365 and Bitcoin Code.

Forex EA’s, Signals, and Crypto Robots
If you are in the market for a viable alternative and tired of getting scammed by worthless apps, then you have reached the right website. Our recommended section lists the top systems which have a proven track record and known to generate money consistently.

Bitcoin Formula Review Summary and Conclusions
The Bitcoin Formula scam software, app, and fake signals system is completely blacklisted, and there is no reason to believe otherwise. Our staff was recently contacted and threatened so that we would not publish this review, but we decided to do so anyways since our mission is to always inform our members and get the word out before its too late. It should not surprise you in the least bit that our findings have led us to the conclusion that Bitcoin Formula is a fraudulent financial scam, and if you decide to fund a trading account despite our most explicit warnings, then we are absolutely convinced that you will end up having your money stolen by offshore brokers who have little or no sympathy for your financial situation and view you as their personal cash cow. It’s also common knowledge that con artists like these are also involved in various sorts of criminal activities such as credit card fraud, Ponzi schemes, fake ICO’s, and tax evasion. If you are still unsure and would like additional assurances or documented proof in regards to the dubious nature of the Bitcoin Formula scam app, simply leave a detailed message message below or contact us via our our our Facebook Group , Google +, Pinterest, and YouTube Channel

Full Disclosure

Filed Under: Bitcoin Scam Reviews

Zemusoft Review, Fraudulent Zemusoft SCAM Exposed!

August 18, 2018 by Dan Wright Leave a Comment

Welcome to our exclusive Zemusoft Review and SCAM Investigation
Binary Scam Alerts is proud to be the first to expose Zemusoft, the latest get-rich-quick crypto scam software. This time Rhys Lakem and his band of thieving crooks who are the so-called “masterminds” behind the Zemusoft SCAM  app and trading robot are claiming they can make money for you by exploiting a loophole in cryptocurrency exchanges. These liars are also saying Zemusoft “handles stocks and bonds”, which is a contradiction in terms and at best NOT clear. In fact, now we know its just a lie and will back up our assertions with verified proof.

These scam artists are saying their cheating arbitrage system achieves a 95% level of accuracy, but the truth and the facts tell a different story. In reality, when you signup for the fraudulent Zemusoft system you are actually signing up for an offshore broker (in our case it was GFC Investment). This is our biggest problem with Zemusoft, and that’s because the registration process is not done in a fully transparent manner. In essence, the victim (that’s you) is totally misled and manipulated into providing his personal and confidential financial data to an offshore broker without even realizing it. It is for this reason our staff of researchers believe that there is nothing legit or genuine about Rhys Lakem and Zemusoft, and consequently this system should be BLACKLISTED without further ado. Still think you can make money with Zemusoft? Well, before you pull out your credit card and regret it for the rest of your life we would like to invite you to read our enlightening and informative Zemusoft review to see how we exposed this latest scam.

Official Website, Login Page, and Members Area: zemusoft.com

Proof of SCAM
Here is the primary sales page and registration area for the Zemusoft software. In it you can clearly see an image of someone who claims his name is Rhys Lakem, the person behind Zemusoft.

And right next to him you will find an image our research staff was able to produce after searching a very well-known image bank. As you can see for yourself, Lakem is not a real person and his picture was taken directly from Shutterstock. Still don’t believe us? Well, keep reading.

Here we can see one of the “lucky few” people who testified they made a killing using the Zemusoft auto-trading software.

In reality this person is a fiverr actor (see below) and we are willing to bet our bottom dollar he is totally clueless about any form of online trading (much less cryptocurrencies).

There is not one single testimonial which is not forged, and the whole members section is totally fake and full of random pictures illegally stolen from the internet without any type of written approval. There is also a ton of hype and exaggerated claims of easy money, inflated bank accounts, and just utter lies. How upsetting is that right?

Who Is Rhys Lakem and Is He Really The Person Behind Zemusoft?
According to the sales script Lakem graduated from Cambridge with a Masters Degree in Computer Engineering around the time when cryptocurrencies hit the world. But he was in debt and had to accept a two-year contract with a corporation as he had no choice and had to do the dirty work for “suits”. He was able to purchase a few Bitcoins and did some mining when it was still easy to do. Eventually he forgot about those Bitcoins until 2017 when the price of Bitcoin climbed. He cashed out, quit his job, and gathered a team of highly experienced Blockchain technology professionals. In reality Lakem does not exist, and we proved that already.

Zemusoft Review: Fake Testimonials and Fraudulent Investment Platform
If fortune hasn’t smiled upon you recently, if you have been struggling to make end’s meat, it’s time to get ready to change all that. Or is it? Zemusoft claims it offers a reliable stocks and bonds trading software. However, in the same exact sales page you will also see it is marketed as a software which offers “free access to the cryptocurrency trading industry”. Are you confused? So are we, and we believe Zemusoft is a complete and total FLOP for various reasons. First of all its a scam, we tried it and lost all our money in a matter of seconds. Secondly its not going to work for these marketers because their message is conflicting and incoherent. First they say it involves trading stocks and bonds, and then they mention crypto, who knows what else is brewing behind the scenes but any way you look at it Zemusoft stinks to high heaven.

The Rich Gurus, A Recurring Motif With Scam Artists
As we continue we can see the usual out-of-context use of rich celebrities such as Richard Branson, Bill Gates. This is followed by an invitation to join the program, get your piece of the bitcoin pie, and activate the “life-changing crypto app” which runs on auto pilot. After that there are some highly questionable claims about a software which wins 9 out of 10 trades without any regards for the direction Bitcoin was taking (up or down). Obviously that is another sleazy lie so don’t believe it.

How Does The Zemusoft SCAM Work?
According to the video presentation Lakem understood that creating a crypto network was a competitive business, so instead he decided to profit from the coins which are already gaining speed. That’s how Zemusoft was born, and the profit is made according to the price changes of OTHER currencies (not his own). He claims his software taps in the price differences which exist between exchanges and profits from the changes after carrying out analysis. That is how the arbitration works according to Lakem, and he continues to lay it on really think about how the app chooses only the most profitable trades which are “certain wins”. Lakem mentions these three points as he tries to explain how the software works.

  1. It gathers information from all exchanges
  2. Discovers trends in price movements
  3. Opens positions in both upwards and downwards trends.

People Getting Scammed and Ripped Off With Zemusoft
We have received multiple complaints in regards to the Zemusoft trading app, and they are all crying about a losing software which stole their money and brokers that keep calling them to deposit more funds. Please make sure to AVOID Zemusoft as it is an extremely misleading and deceptive software (we can’t overstate this).

Its Not Free
Zemusoft will cost you at least $250 to get started, and that money will be deducted from your credit card by the broker what was allocated to you.

Fake Zemusoft Reviews
Here we have a network of fake reviews sites which are endorsing Zemusoft (shame on them). Contrarily, you will also see reviews sites advising you to avoid using software like Zemusoft and check out some BINARY OPTIONS BROKER like IQ Option. While we have no specific issues with brokers like IQ Option, we will never recommend anything even remotely related to Binary Options because that with the exception of 3 regulated exchanges (Nadex, CBOE, and Cohen Exchange) the whole binary options industry is a SCAM and that is due to the structure of the financial instrument. Meaning your loss is the brokers gain, and even if that broker has all the right certifications, it doesn’t change this fact so don’t take the bait. Other fake reviews sites will rightfully blacklist Zemusoft, but tell tell you to join Maximus Crypto Bot, which is probably the most corrupt and fraudulent trading system being peddled online today.

Some Viable Alternatives
There are so many scam systems and brokers out there, but once in a while a legit system actually hits the market and that’s when we start to test it. If it produces money consistently we add it to our recommended section so check it out!

Zemusoft Review Conclusions, Recommendations and Some Helpful Tips
The Zemusoft SCAM automated trading system by Rhys Lakem has managed to slip under the radar until now. But we caught these cheaters red-handed and we are not going to let them get away with their misdoings. The crooks operating behind the scenes here are very professional scam artists who understand how to bait and trick unsuspecting opportunity-seekers looking for a legitimate trading system. These charlatans are also very well-known in the scam-crypto and binary options scene and are directly responsible for defrauding thousands of victims. To top it all off, there are no professional Bios available or LinkedIn profiles. In crypto there is usually a product road-map or whitepaper which explains about the technology and the people behind it. In this case we are totally left in the dark and that is not very surprising due to the extremely dubious nature of the blacklisted Zemusoft scam trading system. So please, don’t get tempted and never divulge your credit card information. Searching for additional information? Reach out and message us on our Facebook Group , Google +, Pinterest, and YouTube Channel

Disclosure

 

Filed Under: Scam Reviews Tagged With: Rhys Lakem

Bitcoin Kiwi System Review, Fake Bitcoin Kiwi SCAM Exposed [Facts]

August 9, 2018 by Dan Wright Leave a Comment

Binary Scam Alerts is reaching out to its New Zealand members and warning them in regards to the recent launch of the fake Bitcoin Kiwi System Scam (AKA Bitcoin Kiwi System Software, App, and Autotrader) by Jasper Boyle. The Bitcoin Kiwi System is a new get rich quick scheme, that opened in August 2018. You probably watched the sales video and were impressed by the promise of generating massive income in a short amount of time. Well, in our detailed Bitcoin Kiwi System review and investigation (prompted by complaints), our staff of researchers will provide proof and evidence which will expose this fraudulent trading robot in a very transparent and factual manner.

The Bitcoin Kiwi System is a key component of what we refer to as a “production line for crypto scams”. If you are now raising your eye brows and asking yourself what does that mean? You should know you are not alone. Here’s the bottom line, Bitcoin Kiwi System, Bitcoin Aussie System, and Britcoin System are one and the same. These scams were created by a tech-savvy affiliate network with offices in European and the Middle Eastern countries, and they (the scams) are all designed with the sole purpose of baiting you and getting you to fund a real-money trading account with one of the brokers which are integrated into the software. Why do the scammers do that? Well, the answer is simple. Every time you fund an account the online promoters get referral money in the form of affiliate commissions (that’s the real secret). Are you intrigued? Keep reading our informative Bitcoin Kiwi System review to see how we exposed these crooks and their methods of operation. Oh, and don’t worry, we will make it very easy for you to understand especially if you are a beginner and just starting out.

Official Website, Login Page, and Members Area: bitcoinkiwisystem.co

Evidence of SCAM
OK, so here we have screenshots taken directly from the main sales pages of all three systems (Britcoin, Aussie, and Kiwi). We have placed them next to each other in a way which is very plain and easy for anyone to see how a production line for crypto scams looks like. Here you can clearly notice that all three are complete clones and duplicates of the same software, and the only thing which has changed is the graphic design.

If that’s not enough proof, below you can see the same post registration page for all three systems. Again, in each system a different broker was allocated (Prestige Financial Markets, Hybrid Reserve, and UFX in that order).

To be quite honest, if we were clueless about online trading and saw this review we would really rub our eyes in disbelief and ditch this filthy app on the spot. And for all intents and purposes you should do the exact same thing and move on to try a different software.

Bitcoin Kiwi System SCAM: The Return of Jasper Boyle
As we have mentioned in our previous reviews, Boyle is not a real person. His identity was created by morally corrupt affiliate marketers who wanted to place a person behind their scam. Needless to say this non-existent persona never worked for any bank or had access to investor accounts and financial data. This fictitious entity also never developed mathematical processes or algorithms which power financial systems. Its all a big hoax designed by confidence artists in order to bait you.

How Does The Bitcoin Kiwi System Work
Forget the spiel about a trading algorithm, lightning fast performance, and technology which keeps you one step ahead oft the market. This is a fallacious, not to mention recycled narrative designed to bamboozle you. The way it really works is by getting you to deposit, and when you do that the promoters get paid. The marketers are using SPAM email marketing tactics and aggressive popup ads to promote their scams, so just adjust your browser settings accordingly.

Bitcoin Kiwi System Review – Make $20,000 Dollars A Day Or Rip Off?
Jasper Boyle, the man of the hour is sick of rich people getting all the breaks. So he created this secret trading algorithm which is designed to “empower” the every day working man (or woman) and let them live the lives they have always dreamed of. No more financial stress, or phone calls from the bank. Here’s your chance to take advantage of a system which offers up to “99% trading accuracy” and is totally “risk-free”. Boyle is inviting you to join his Beta Testing group and become one of the next 15 Millionaires he is about to let through the door. But you have to be an action taker not a tire kicker, so don’t miss this once in a lifetime opportunity to make $3,498 today!

Fake Bitcoin Kiwi System Results
Naturally you can’t have a proper scam without some fake results, hyped up or exaggerated claims of easy money, and inflated bank accounts right? Well, you have the trifecta and tons of other red alarm bells which should go off at any given time. For example the fact that you can’t even see the software before depositing is a huge red flag. Another problem has to do with the fact that the support email doesn’t work. We tried contacting the Bitcoin Kiwi System support email but that email bounced and there is no one to speak with. There are more indications of scam but we think you get the picture by now.

Is Bitcoin Kiwi System SCAM or Legit?
Obviously this software is an investment scam and a very dangerous one. The software is set on lose and there is no way you can win money here. But even if by some strange coincidence you mange to generate a profit you won’t be able to cash it out because the broker (in our case it was Prestige Financial Markets) will steal your money.

Still Want to Join Bitcoin Kiwi System?
If after reading our Bitcoin Kiwi System review you STILL want to invest then you probably should not be engaged in any form of online trading. We can pretty much guarantee that if you invest though this software then you will end up losing all your money and get stuck with dirty brokers that will constantly badger you to reinvest.

Other Viral Scams Trending
The one which is the most deceptive and misleading is Maximus Cryptobot which also uses Fiverr actors.

Viable Alternatives
Our staff is constantly being asked to endorse new systems, but we always reject the offer since we know that in most cases the people behind the apps are ripoff artists and charlatans who are trying to sell you bottled air wrapped up in fools gold. Fortunately we were able to compile a small yet reputable list of consistent money-making apps which have withstood the test of time. These are all listed in our recommended section.

Bitcoin Kiwi System Review Summary, Conclusions, and Some Helpful Tips
The BLACKLISTED Bitcoin Kiwi System scam software, app, and trading robot by Jasper Boyle is a confirmed financial scam which was designed with pure malice and the deliberate intent to defraud and victimize unsuspecting day-traders and opportunity seekers. If for some reason you are unsure and need additional corroborating evidence which will attest to the nature of this most foul of scams, please make sure to contact us by leaving a detailed message below and we shall be more than willing to assist you. Again, you should be aware that the Bitcoin Kiwi System is neither a legit nor genuine auto-trader, and it is pointless to try and prove otherwise. The crooks behind this scam are well-known in the online trading industry for their unethical business practices and complete and utter disrespect for your financial distress or concerns. These charlatans are in it for the money and along with their thieving brokers will not stop at anything before they get their dirty little fingers on your credit card details. So please don’t get tempted and never deposit. Don’t forget, we can always be reached via our Facebook Group , Google +, Pinterest, and YouTube Channel

Disclosure

 

Filed Under: Bitcoin Scam Reviews Tagged With: Jasper Boyle

Digitroniq Review, Scam Digitroniq Forex Robot Exposed!

July 20, 2018 by Dan Wright Leave a Comment

Welcome to our Digitroniq review and SCAM Investigation
Were you baited by the Digitroniq SCAM software (not to be confused with Digitronic) and had your money stolen? If so you are not the only one so don’t feel so bad about it. The fraudulent Digitroniq Forex App and trading robot by Treyton Boyer is going viral these days due to a massive campaign recently launched by a rogue affiliate network. Digitroniq is not just a usual scam, it is a very special project which is the brainchild of an unethical online marketer who has invested heavily in this new get-rich-quick scheme. When we signed up we tried to access the software, but the broker (eMarketsTrade) told us we need to fund a trading account before we can even SEE it. That is just outrageous and immediately set off some serious alarm bells and red flags. But that’s just the start of it, after we insisted on seeing the actual trading software and were refused, we were met with a barrage of telephone calls insisting that there is an alternative “in-house” signals app which does a better job. When we inquired about the nature of this software, we were referred to the Bitcoin Trader system which we all know by now to be the most thieving and fraudulent Bitcoin trading software online today. The Digitroniq Forex software was designed from the start to trick and bait unsuspecting and inexperienced traders who are just starting out their journey in the online trading niche. It is exactly for this reason why we view this system with particular disdain, as it clearly takes advantage of the customers lack of knowledge. So instead of offering  customers a legitimate signals software, these crooks are tricking you into signing up for a confirmed investment SCAM. Don’t believe us? Keep reading to see exactly how we exposed the crooks behind the Digitroniq scam and what type of evidence we were able to produce.

Official Website, Login Page, and Members Area: digitroniq.com

Proof of SCAM
Here we can see the Digitroniq primary sales page and registration area. In it you can clearly see how the actress is saying that all she has to do is “sit in front of the computer and watch your profits grow more and more with each passing day”.

We know that her testimonial is fake because we found her profile on Fiverr, and she is very active and well known for her gig (see below).

Moving forward, here we see the sales presentation and how it boasts a 97.7% accuracy level on the signals. That means that it is almost risk-free, and we all know that this is a lie because if it was true we would have a lot of new millionaires using this system and this is not the case.

And the last piece of evidence has to do with the fact that we were denied the option of even seeing the actual software and trading panel. Below you can see support agent “Chris Parker” clearly saying that we can only access the Digitroniq app AFTER we fund a real money trading account, and that is not acceptable.

 

Who Is Treyton Boyer and Is He a Real Person?
According to the sales pitch, Boyer is an MIT graduate who majored in Computational Science and Engineering. He then proceeded to pursue a career in Forex Trading and used his knowledge to develop an algorithm which is based on Deep Reinforcement Learning or DRL.

How Does Digitroniq Work?
This is a Forex trading system which uses Deep Reinforcement Learning in order to “interact with the surrounding environment” while attempting to solve complex business problems. The logic can be used for any mathematical purpose, but here it is used for Forex trading. The app analyzes news, various issues, and predictions about price movements and based on that executes trades automatically. The app also supports manual signals mode.

Digitroniq Review – $7,500 a Day Or Scam?
If we judge according to the presentation, the Digitroniq Forex and cryptocurrency trading app “accurately assess price movements that are connected to disruptive technologies and their affect on the Forex Market”. As we mentioned previously, the app claims it has a 97.7% accuracy level, but that is just a senseless lie and even the most amateur trader understands this. The hype and exaggerated claims talk about a “financially secure future” and a change to finally live life the way its meant to be lived. There is also some talk about Alpha Testing, and after that some nonsense about how to make the software accessible to everyone. Its also interesting to point out that these crooks (whoever they are) clearly state that they integrate with regulated brokers, however when we signed up we got stuck with a broker which is named eMarkets Trade, and they are not regulated. Again, we believe that not EVERY unlicensed broker runs a scam operation, but the promoters pulling the strings behind the scenes are actually lying about this fact and that tends to arouse our suspicions.

Is Digitroniq SCAM or Not?
Digitroniq is a verified Forex scam and a BLACKLISTED software and IF you believe otherwise after reading our review then you need to stay away from any form of online trading.

Is it Free?
Digitroniq SCAM is not free, and it will cost you at least $250 to get started using this filthy piece of trading software.

The Grim Reality
In reality Digitroniq has nothing to do with Deep Reinforcement Learning or algorithmic trading. The features consisting of 6 Technical indicators, 3 money-management systems, and a reverse trading option are fake just like the testimonials. There is no serious back-testing, and Treyton Boyer is not a real person. We checked him out at the MIT People Directory and guess what, he does not exist. Feel free to check for yourself. In short, you are about to get your wallet fleeced so stay away and don’t say we didn’t warn you.

Other Viral Scams Trending
The ones to watch out for are Bitcoin Code and Bitcoin Trader

Digitroniq Fake Reviews
The most troubling aspect regarding Digitroniq fake reviews has to do with certain review sites that would tell you Digitroniq is a SCAM, and advise you to use Maximus Cryptobot which uses THE SAME fiverr actor as the Digitroniq scam software uses to promote fraudulent software. We advise you to proceed with extreme caution before joining Maximus Cryptobot as it has been blacklisted by multiple review sites and with good reason.

A Few Reliable Alternatives
Our staff constantly evaluates new systems and at time it seems like there is nothing legit out there. However, sometimes a truly genuine app hits the market and that is when we start testing it. Once it passes our screening process and generates profits consistently we add it to our recommended section.

Digitroniq Review Summary and Conclusions
The Digitroniq scam software by Treyton Boyer is BLACKLISTED and we will explain why. First, the level of transparency is ZERO as you don’t get to see the software you will be using. Secondly, they are lying about the brokers, and finally they use fake testimonials and making outrageous claims about 97.7% ITM ratio. All of these facts come together and lead us to the obvious conclusion that Digitroniq is a fraudulent software. Its also important to mention that these types of shady characters are closely associated with other criminal activities such as credit card fraud and money laundering operations. There’s really not much to add at this point, so we are advising you to keep your distance and avoid the Digitroniq SCAM software. Don’t forget to join our Facebook Group , Google +, Pinterest, and YouTube Channel

Full Disclosure

Filed Under: Forex Scam Reviews Tagged With: Treyton Boyer

ETH Millionaire Review, Losing ETH Crypto SCAM Exposed!

July 1, 2018 by Dan Wright Leave a Comment

The ETH Millionaire SCAM software by Stan Murphy is a fraudulent crypto app and worthy of being blacklisted in our detailed and informative ETH Millionaire review and investigation. For those of you who are genuinely interested in generating profits trading cryptocurrencies online, you must know that it is very much possible! However, when someone tells you you can “make massive profits with no more than a few clicks a day”, then you need to run like the wind and never look back because you are being targeted by professional con artists who are gunning for your wallet. Make no mistake about it, there are legitimate was to make money trading Ethereum without getting your money stolen, but the ETH Millionaire scam is exactly the opposite of what you are looking for. In reality, this system is an outdated affiliate marketing scheme which uses a trading robot to produce random signals which in turn are connected to an unlicensed Forex and CFD broker. In our case it was Universe Markets which is owned by White Square Trading Limited and these crooks are currently on the FCA blacklist for operating an illegal Forex brokerage.

If you really want to gain a better understanding of what ETH Millionaire is all about, then we recommend you read our retailed review where we expose the shady characters behind it and explain how the scam works.

Official Website, Login Page, and Members Area: ethmillionaire.co/lp.php

Proof of SCAM and Insidious Foul Play
Below you can see the ETH Millionaire main sales page and registration area. You can clearly see that these liars are blatantly manipulating the truth and saying you can make easy money just by making “a few clicks a day” (an obvious lie).

And now for the interesting part and the hard evidence. If you scroll down the page you will see an image of a man sitting in a cafe with the subject line “21 year old Ethereum Investor turns $2,000 into $1,000,000 in four years. That is a very bold lie, and we caught these cheaters red handed because a simple google image search reveals that this is an image bank actor from a site named freepick and this image can be obtained freely (they don’t even need to steal it).

The ETH Millionaire Review – Don’t Put Away Your Wallet Just Yet!
Individuals are making massive profits as prices of Ethereum, Bitcoin, and all other alt-coins skyrockets. That’s the opening statement and whenever we hear that type of babble, our suspicions are immediately aroused because there is no detailed explanation about the various software features, if there is back testing, what the product road map is or if there is a whitepaper, and we certainly don’t see real people behind it. All we hear about is the rich lifestyle and how easy it is to make money using the ETH Millionaire software.

How Does The ETH Millionaire System Work?
The sales presentation claims it uses an automated trading algorithm for generating passive profits. In reality what we are dealing with here is a turnkey solution for online scammers who wish to promote fake crypto robots. Good luck trying to get your money back after you deposit.

Can ETH Millionaire Generate Profits?
Of course! It will generate income but not for you. The money will be paid to the affiliate marketers who are endorsing this offer via fake reviews and SPAM email marketing offers. After you fund a trading account with an unlicensed broker, the loot is then divided in what is commonly referred to as a revenue share scheme. The brokers charge your credit card, steal your money, and then pay the promoters their referral fees.

Misleading and Deceptive Hype, Exaggerated Claims, and Various Red Flags
The jig is up! We are on to these hooligans and their scam tactics are very clear and evident. The testimonials are fake, bank accounts are inflated, and the narrative has more holes in it then Swiss cheese. These liars want to sell you a secret, but at some point people wise up and catch on. It’s time we opened up this odious can of worms and warn every one to stay away. We also checked the news sites, namely CNBC, Forbes, and the New York Times. ETH Millionaire was never mentioned in these news outlets (and with good reason).

Fake ETH Millionaire Reviews
Its true that some websites have chosen to set their integrity aside and endorse this crypto scam. We know they are doing it without proper testing in order to get paid affiliate commissions which is not something we can condone or accept in any way.

Is the ETH Millionaire Scam or Legit?
This fake crypto app is a confirmed scam and we highly recommend you stay away from it.

Most Viral Scams To Avoid
The ones you need to watch out for are Bitcoin Loophole and Bitcoin Code.

Worthy Alternatives
Once in a blue moon is the correct term to use when searching the internet for a genuine trading app which really delivers on its promise as advertised. Fortunately our staff constantly evaluates new systems that pop up on a daily basis and the ones that pass our screening process are added to the recommended section.

The ETH Millionaire Review Summary, Conclusions, and Insights
The bottom line is that there is no system which is “risk free” and can “guarantee results”. That is what these crooks are promising you and at the end of the day it is exactly for that reason our staff of researchers decided to blacklist the ETH Millionaire scam software. There is no other way to say it, this is another verified get-rich-quick scheme which has nothing to do with genuine Ethereum mining or trading. In fact, it even uses the same software as the Ethereum Code fraud does, only the design and presentation differs. So, if after reading our review you are still not convinced and want to deposit via the ETH Millionaire software, you had better get ready for some very rude phone calls by pushy sales reps posing as legit brokers. These crooks are out to get your credit card information and once you invest it’s going to be extremely difficult to get your money out as these swindlers are professional scammers who understand the inner workings of credit card processing and offshore banking. In a nutshell, keep your distance from the ETH Millionaire scam by the non-existent Stan Murphy, and start looking into more legitimate trading avenues. Don’t forget to reach out and contact us through our Facebook Group , Google +, Pinterest, and YouTube Channel

Full Disclosure

 

Filed Under: Cryptocurrency Scam Reviews Tagged With: Stan Murphy

BTC News Trader Review, Cloned BTC News Trader is a Scam Crypto Robot!

July 1, 2018 by Dan Wright Leave a Comment

The BTC News Trader Scam software and app (not to be confused with BTC Robot) is a fraudulent trading robot and a “Bitcoin Trader” clone. In our detailed review and investigation we have made a conscientious decision to fully BLACKLIST this thieving piece of trash technology as we have personally seen with our own eyes how this software is rigged and set to lose (we will also produce proof of this). You should know that this system is currently in “testing” phase, which means it has not been fully launched, and the affiliate networks are now doing SPAM email marketing with a technique name “drip feed”. This means that they are warming up their IP’s and bulk email servers in order to send the massive amounts of spam they are used to. Additionally, we expect to get a lot of fake news websites with spammy affiliate links directing customers to this get-rich-quick scheme. You needn’t bother searching the internet a genuine BTC News Trader Reviews, as ours will cover the most relevant and important aspects of this dirty new crypto app, and connect the dots for you in the most convincing and transparent manner. But first a bit of disclosure, you should know that we are not associated or affiliated in any way with the BTC News Trader scam software, so in this context our review is 100% honest and in line with the norms and best practices adopted by the online trading industry as there is no conflict of interest. Additionally you should be aware of that market rates in regards to Bitcoin as well as other virtual currencies tend to fluctuate excessively due to their volatile nature and the fact that they are heavily influenced by media and regulation. That being said, it is very much possible to profit trading Bitcoin, but not via this fraudulent system. Keep reading our informative BTC News Trader review to see how we exposed the liars behind it and shed light on their dirty little operation.

Official Website, Login Page, and Members Area: secureoffer.net/btcnewstrader/

Proof of SCAM
Here is the evidence you will need. Here on the left side you will see the BTC News Trader primary sales page and registration area. Right next to it is the Bitcoin Trader signup page. We have marked both sales pages in a way which lets you see exactly how it is the same software which is used in order to trap and bait unsuspecting victims (that’s you).

You can clearly see they are using the same url structure and that is because it is managed by the same affiliate network which has now built its reputation as the owners of one of the most deceptive and unethical customer acquisition platforms available for online promoters today.

Moving forward, below you will see that the broker which was assigned to us was UFX, which has a license in Vanuato. In essence, it is unlicensed and despite the fact that they have Andre Iniesta from Barcelona Football Club plastered all over their website, they are still considered by many to be a scam broker which does not abide by any legal or regulatory statutes and we have heard horror stories about how traders were not able to cash out winnings from their platform.

And for the final nail in the coffin, here are the fake testimonials. These are totally fabricated and have nothing to do with real people who have tried out and invested with this filthy trading platform. As you can plainly see, “John” from Australia is not a real person and while the signature adds a nice touch, it is also forged and designed to trick you.

BTC News Trader Review
Brace yourself, you are about to get ripped off by serious con artists. BTC News Trader can be  viewed as the classic example of a get-rich-quick crypto scam. Immediately we are barraged with out-of-context soundbites and promises of easy money which can be yours right now and without any effort. We see all the rich gurus like Richard Branson and Bill Gates have their say about how Bitcoin is a “huge thing”, and why it is crucial that you invest immediately before its too late.

How Does BTC News Trader Work?
According to the sales page cryptocurrency trading is influenced by news. The BTC News Trader system collects and processes news from around the globe. Once the news in regards to a certain coin is collected, the analysts classify it as “either positive of negative”  and the signals reacts accordingly.

Who Is Behind BTC News Trader?
The real people behind it are affiliate networks who cooperate with offshore brokers (in our case it was UFX). Their job is to recruit as many customers (that’s you) as possible using all the means at their disposal, and provide paying clients to brokers which in return pay them hefty commission checks.

Is It Free?
No, it will cost you at least $250 in order to signup for this filthy piece of thieving technology. And that is just the start of it, because the brokers have to pay their advertisers so in order for them to generate a profit they have to take their money from somewhere else (that’s where you come in).

Is BTC News Trader SCAM or Legit?
The BTC News Trader is 100% pure scam and we have produced documented proof of insidious foul play in order to validate our claims and initial findings.

In Reality
Behind the scenes the unlicensed brokers and crafty affiliate marketers are conspiring behind your back to steal your money. We have all the makings of a financial scam such as hype up and exaggerated claims of easy money, inflated bank accounts, fake testimonials, and outright lies and manipulations. In a nutshell, avoid at all costs.

Other Viral Scams Trending
The ones to watch out for are Maximus Cryptobot and Ethereum Code.

Viable Trading Systems
If you are searching the internet for a viable and trusted alternatives such as crypto robots, signals, or Forex EA’s, then you need to check out our recommended section. Our staff scrutinizes every system before it is added to our short list, and even then its on a temporary basis. Only after a software has consistently shown profits, we add it to our list.

BTC News Trader Review Summary and Conclusions
The BTC News Trader SCAM is blacklisted and with good reason. There is not one single iota of truth about this fake signals app, and that is a guaranteed fact which can’t be disputed. Our findings and evidence have been presented to you in the most transparent and factual manner, as to avoid any misunderstandings or lapse of judgement. If for some unknown reason you still believe that BTC News Trader is a genuine trading app and would like to deposit money, then you had best get ready to have your wallet fleeced and money stolen by thieving offshore brokers. Our staff has also received complaints about overcharging, credit card fraud, aggressive sales calls during late-night hours, and that’s just for starters. After doing some fact checking, we have been able to undercover some additional facts in regards to the real identity of the crook behind the BTC News Trader scam. These criminals are well-known in the industry and have a background in binary options scams, Ponzi Schemes, fake ICO’s, and other sorts of financial-related fraud such as tax evasion and malware extortion operations. In light of all the damning information and evidence our staff was able to produce, we are compelled to BLACKLIST the BTC News Trader scam software and advise our members and viewers to seek alternative and more legit investment channels. Don’t forget to join our our Facebook Group , Google +, Pinterest, and YouTube Channel

Full Disclosure

Filed Under: Bitcoin Scam Reviews

FCA Blacklist: Prime Coins Trading SCAM Review

June 28, 2018 by Dan Wright Leave a Comment

Is Prime Coins Trading SCAM or Legit? Our review will attempt to answer this question.
Prime Coins Trading which is managed by Uman Uygoff  the CEO, has been blacklisted by the FCA for “providing financial services or products in the UK without our authorization”. Prime Coins Trading an address in the UK. Their Telephone numbers is: +44 01242650085, Fax: +44 02033896339 Email: [email protected]

Official Prime Coins Trading Website: primecoinstrading.com

Below you will find a screenshot of their service, and you should know that the management of Prime Coins Trading is offering packages in the millions brackets.

Below you can see the investment plans starting at $500 and all the way up to “unlimited with a 10% WEEKLY return and a promise of 30 days cash out period. As opposed to the traditional crypto get rich quick scams we cover here, this one appears to fall into the HYIP, or Ponzi Scheme category. To be quite honest, we have not signed up for this service because we don’t want to be contacted by the people behind it.

A closer look will reveal that the biggest problem here is the information that is MISSING and lack of transparency. 6-10% weekly return is not something which is real, and if it was then you would be hearing about if from someone like Warren Buffett and not Uman Uygoff (whoever that is).

We believe Uygoff to be a fake alias because we could not find anything about this person. There is nothing in the Prime Coins Trading scheme which is verified and backed up by numbers and real people who can stand up and vouch for it.

Official FCA Warning: https://www.fca.org.uk/news/warnings/prime-coins-trading

So, in light of the FCA Blacklist and our initial findings, in our review we would recommend you avoid Prime Coins Trading as it is most likely a financial scam and advise you seek alternative and more legitimate investment channels.

Full Disclosure

 

 

Filed Under: Scam Reviews Tagged With: Uman  Uygoff

BlackCoin Trends Review, BlackCoin Trends SCAM Blacklisted!

June 20, 2018 by Dan Wright Leave a Comment

BlackCoin AKA BlackCoin Trends Review and Scam Investigation
We’re going to make it very clear for you immediately. The BlackCoin AKA BlackCoin Trends software and automated trading app by Andrew Frost is a blacklisted SCAM, this is not debatable. What’s interesting here is how the scam works and the how the deceptive minds who put this get-rich-quick scheme together think and operate. First, let’s clear up some facts. BlackCoin is an open source crypto wallet. It is marketed as “the original proof of stake coin” which is a virtual currency with a website that does not even load (feel free to try it yourself). BlackCoin Trends is a get-rich-quick crypto scheme which is attempting to piggybacking on the name and reputation of the BlackCoin crypto wallet. Oddly enough, we have a strange case of one scammer trying to use the name and reputation of another scammer in order to peddle a fake crypto robot and automated trading software and fraudulent signals app. Either way you look at it, BlackCoin or BlackCoin Trends are both confirmed financial scams which are being heavily promoted by large affiliate networks. It’s worth pointing out that our investigation was prompted by a flurry of complaints by frustrated opportunity seekers and day traders who were manipulated into funding a real money trading account with an unregulated offshore broker (Pratconi). Needless to say, due to the thieving and extremely misleading nature of the BlackCoin software, we are blacklisting this system and advising our members to avoid it at all costs. Keep reading our informative BlackCoin trends review and see how we exposed the crooks behind it as well as how they operate.

Official Scam Website, Login Page, and Members Are:
blackcointrends.com
blackcoin.co

BlackCoin SCAM – Proof 
Here we have the BlackCoin Trends sales page on one side, and BlackCoin Wallet website right next to it.You can clearly see the logo is identical and stolen from the Wallet site. Additionally, in the sales presentation Frost does not refer to his company as BlackCoin Trends, but only as BlackCoin. This is intentionally done in order to associate the scheme with a seemingly harmless virtual coins wallet and in this way cause you to drop your guard.

Now, here is the clincher. Blackcoin or BlackCoin Trends uses a turnkey crypto trading solution named Pratconi. This software is also used by the fraudulent Huber Swiss Crypto Bot, which has already been exposed here by our staff and deemed to be a blacklisted scam. The image below illustrates this and also provides proof that the software is used by both systems and the end result is all too-well know. Yep, you will end up getting your money stolen.

 

An here is the finale. Just like any good scammer, you must have some fake testimonials carelessly forged and inserted into the sales page. In this case we have “Leo Schmidt” who is saying he got “hooked for life” using this software. However, in reality he is an image bank actor and you will find his face plastered all over the internet under “premium Mongolian stock photos” (see image below for reference).

 

BlackCoin Review, Is BlackCoin Scam?
The software starts off just like any other scam which promises you “free access to the most powerful trading software in the world”, which generates between $1,350 to $3,700 every day for 120 people. In the presentation they claim the system has over 93% accuracy, and is constantly being updated by programmers and blockchain cryptographers. They claim history always repeats itself, and therefore it can be predicted with a degree of 93% accuracy.

How Does BlackCoin Trends Work?
The software is integrated with the biggest and most reliable databases in the world. It is updated daily, and generates money for over 100 members. They claim the algorithm works based on the supply and demand within the exchanges and public ledgers repetitive patterns. In other words, the system will only present a signal based on a repetitive pattern which has been identified in the past and only do so if there is at least a 93% success ratio. That is supposed to be the “secret”.

Who Is Andrew Frost
Frost is NOT a real person. He is most definitely NOT the CEO of Blackcoin. The sales pitch states that he started Blackcoin in 2011 with a mission to make money in the newly emerging cryptocurrency markets. He claims he tried everything, but eventually gathered the best blockchain engineers and crypto analysts in the world in order to create accurate software which generates money consistently.

Is It Free?
No, this piece of trash technology will cost you at least $250 to use, and that money will be charged to your credit card by thieving offshore brokers who are seriously gunning for your wallet.

Other Viral Scams Trending
The ones we keep hearing about are Bitcoin Code and GT Accelerator.

What Happens In Reality?
The use of hyped up claims coupled with inflated bank accounts and fake testimonials indicate to us that we are dealing with a scam. You are getting suckered into something you have no knowledge about, and the people orchestrating this elaborate scams are professional crooks with a proven track record for defrauding unsuspecting victims.

Signals, Forex EA’s, and Crypto Robots
It’s not fun getting scammed, we should know because it happened to us as well. That is why we inspect each system we endorse very carefully and make sure it performs consistently. We invite you to check out worthy alternatives in our recommended section.

BlackCoin Review BlackCoin Trends SCAM is Blacklisted
It’s quite plain to see that BlackCoin AKA BlackCoin Trends by Andrew Frost is a worthless trading software which is totally rigged and set on lose. We are absolutely convinced that the people behind this pathetic piece of trash are thieves of the worst kind and are conspiring against you with offshore brokers in what is obviously a brazen attempt to defraud you and steal your money. Their tools of the trade are SPAM email marketing, aggressive fake popup ads, and fake news articles full of affiliate links. Our staff produced all the proof required in order to validate our initial assertions and there is no doubt in our minds that we are dealing with a sleazy investment scam. As always, we recommend you check out alternative and more legitimate investment channels, and should you need additional information you can always reach us through our Facebook Group , Google +, Pinterest, and YouTube Channel

Full Disclosure

Filed Under: Cryptocurrency Scam Reviews Tagged With: Andrew Frost, Pratconi

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