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Perpetual Formula

Perpetual Formula Continues to Scam! Review Exposes Complaints

May 18, 2016 by Patrick Jones 2 Comments

As advised in our previous post, the Perpetual Formula Scam Software, App, and Auto-trader, as well as David Parker the creepy fake actor is relentlessly pursuing and victimizing day traders who simply want to profit trading binary options online. Despite our warning and valiant efforts to review, expose, and shed light on this malicious scam, the people behind it are sparing no efforts or resources trying to steal your hard-earned money and share their spoils with crafty, corrupted, and unregulated brokers. We have asked our members repetitiously to use extreme caution when being offered this scheme, but the complaints keep mounting as less-than-scrupulous advertisers mislead and deceive their readers. Word to the wise, beware of fake reviews and seek alternative means of investment since our investigation has unraveled a pattern of deceit which goes far beyond the usual fake testimonials or inflated bank accounts.

Official Scam Site: http://perpetualformula.com/

Quick Recap of Proof
The two primary concerns we have are related to the fact that these people guarantee you a “no loss software” and use fake testimonials after ripping peoples pictures off the world wide web. The more troubling aspect is that these con-artists are rehashing the same software used for the binary interceptor, which is a verified scam which has caused a lot of people to lose their money. So, if there is such a thing as “guilt by association”, the culprits behind this nasty scheme are the same people which have been investigated and found guilty for illegally baiting and manipulating innocent customers into funding trading accounts using a variety of well-known scam tactics such as false advertising, fake testimonials, and photo-shopped bank accounts with phony names and inflated figures.

We never cease to be dismayed at the sheer level of audacity these people have, and their ability to mislead and deceive people in such an effective manner. Given the amount of complaints we have received to date, with exception to the Money Glitch, this is system beats the lot not only in volumes but also diversity of complaints spanning across a broad spectrum and painting a very somber picture of how blood-thirsty fraudsters suck the money out of every-day, ordinary, hard working people who are simply trying to supplement their income or make a career change to become full-time traders.

Perpetual Formula Short Review
This bogus app and David Parker (whoever that is) claim to have an options trading system that is able to decipher machine-readable-news. According to this cheater there is no use for traditional trading tools such as candle stick charts or bolinger bands. This system bypasses conventional wisdom and automates the trading process which allows you to live your life while your money is being made on auto-pilot mode. Well, we have heard similar claims previously and the end game is too well-know. Your account balance will be wiped out in a matter of minutes and you will be left with nothing besides frustration and a deep hole in your pocket.

Pricing
Well, this system is technically free but you do have to fund your trading account with at least $250 in order to activate your software. Big surprise.

Report Them!
Report a Scam ButtonJust report these guys and move on. Our staff has helped submit scam reports to similar schemes such as , TradeTracker Pro, the Push Money App with Dennis Moreland, Profits Infinity, Millionaire Blueprint, The Free Money System with Walter Green, and the Amissio Formula.

Seek a Better, More Reputable System!
They are out there, just make sure you are looking in the right places. Recently we have posted a review about NEO2, that would be a good start. If you are looking for additional investment avenues you may want to check out our recommended section.

Verdict and Final Conclusions
The Perpetual Formula Software, App, and Auto-trader, as well as David Parker is a verified binary options investment scam. There is not one thing which is genuine, legit, honest, or sincere about this system. It will intentionally take inferior positions and steal your money in a very swift and effective way. We are warning all our members and viewers to use extreme caution when being approached with this offer since it fails on every parameter of our credibility test namely transparency, accuracy, support levels, and profitability. For more information please subscribe to our YouTube Channel and Like, Share, and Comment on our Facebook group wall.

Filed Under: Perpetual Formula, Scam Reviews Tagged With: David Parker, Perpetual Formula App, Perpetual Formula Review, Perpetual Formula Scam, Perpetual Formula Software

Perpetual Formula is a Confirmed Scam! Legit Review Finds Proof

May 15, 2016 by Patrick Jones 2 Comments

Binary Scam Alerts is posting a SEVERE SCAM and Blacklist notification in regards to the Perpetual Formula Software, App, and Auto-trader, as well as David Parker the fake actor and charlatan. It’s after noon here, and just today we have received over 70 complaints from extremely irate day traders looking for a way to overcome this deluge of misleading and extremely deceitful SPAM emails promising free access to a zero loss software with no risk involved. So we decided to fight back, expose these nasty fraudsters, and conduct an in-depth review and investigation of the facts. The results are conclusive, clear and indisputable.

Official Scam Site: http://perpetualformula.com/

Proof of Scam
First of all this software guarantees “zero loss and 100%” accuracy. Stop everything right here, this does not exist and if it did then it would shock the whole finance industry and I haven’t read anything remotely resembling something like this in the Wall Street Journal or Kiplinger. Additionally, they claim this app works 24/7, however this is a complete fallacy and fabrication since there is no trading on the weekend, specifically on Saturday. One might argue that during Sundays you can trade the Tadawul or similar exchanges, but this is not the case on Saturday where ALL markets are closed.

As if you needed further proof, you can see in the image below that Mr Joann Aguilar is a fake testimonial and his picture is ripped off the internet without written consent. It even says he is from Derby UK  but displays the Australian Flag.

You can see him appearing in the libraryvoice and the video above as Chad Boeninger the Business Librarian for Ohio University Libraries. I am sure he will be enraged when he sees his picture being used to promote binary options scams.

Perpetual Formula Review
So as the story goes, the creepy David Parker has “re-invented” the concept of trading by developing a system that is able to decipher machine-readable-news. Apparently this “genius” was able to bypass the traditional ways of analyzing finance through the use of candlesticks, bollinger bands, momentum trading, and scalping on 60 second options by developing a formula that factors all of this in and generates profit on auto-pilot while you live your life. News flash, this is a classic scam tactic, this person has no social profile on Facebook or LinkedIn, the software is shady and non-transparent, and you are completely excluded from the broker selection process which is one of the most decisive factors in your ability to become a successful binary options trader. We have also tried contacting the Perpetual Formula support desk and the responses we received were cryptic at best, and at times in conflict with their advertised statements.

Is it Free?
Don’t put away your credit card just yet, you will need to fork up at least $250 and fund a trading account with one of their shady brokers in order to qualify for their fraudulent software.

Similar Scams:
Report a Scam ButtonThese include but are not restricted to: The Money Glitch, Hedge Formula Group, Amissio Formula, TradeTracker Pro, the Push Money App with Dennis Moreland, Profits Infinity, Cloud Trader, The Free Money System with Walter Green, Millionaire Blueprint, Trianasoft and the Quantum Income Machine, Insured Profits with Dave and Ginny, Binary Interceptor, and the Lie Detector Millionaire.

Signals, Autotraders, Bots, and Copiers
We have tons of new systems coming out every day, however the majority of them fail our credibility test. We only recommend a few systems  like the Binary Profit Method after checking them out ourselves and validating the facts and performance.

Verdict, Recommendations and Conclusions
The Perpetual Formula Software, App, and Auto-trader, as well as David Parker the paid second-rate actor is a malicious binary options investment scam. Our unbiased review has unequivocally determined that the people behind this sham are thieves that are out to get your money. The software will intentionally take inferior positions and suck up all your money in a New York minute. My staff actually tried to convince me to try the system out and deposit money, but the initial findings were so compelling that we just decided to move on, save our money and use it to fund alternative reputable, sincere, and genuine trading systems.  For more information please contact us through our Facebook group or YouTube Channel.

Filed Under: Perpetual Formula, Scam Reviews Tagged With: David Parker, Perpetual Formula App, Perpetual Formula Auto-trader, Perpetual Formula Download, Perpetual Formula Review, Perpetual Formula Scam, Perpetual Formula Software

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