Binary Options Scams: Facts, Trends, and Figures

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Binary Options Scams: Facts, Trends, and Figures

Posted on by Patrick Jones

“When one man dies it’s a tragedy. When thousands die it’s statistics.” This was Joseph Stalin’s response to Winston Churchill during the 1943 Tehran conference when the latter objected to an early opening of a second front in France (taken from Wikiquote.org). It is a chilling paraphrase on how one of the world’s most brutal authoritarian rulers viewed life. In a similar context we can look at what’s going on in our world in terms of SCAMS in general and binary options specifically. We have seen it all, Forex, Bizopp, Binary, Work From Home, Surveys, Lottery Scams, Fake Call Centers, Nigerian SCAMS, …

Posted in Binary Options Education, Binary Options Scams |

Happy 4th of July and a Personal Message from Patrick!

Posted on by Patrick Jones

Despite the many requests I have to review various SCAMS occurring in the binary options niche, I decided to take some time and try to look at things from a different perspective. There are two recurring questions I always get from members. The first one is “if there is a trustworthy automated trading app which actually does what it promises to do”. The second one is “why is this happening to me?” and in many cases it is accompanied by “how can I get my money back?”. Firstly, I totally understand and sympathize with both questions. I have often found …

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