Binary Scam Alerts

Dow Focus Group

A Summary of All Binary Options Scam for January 2016

by Leave a Comment

If you have been emailed or contacted regarding the Centument App, Citidel Software, Einstein Profit Method, Phoenix Trading, Global Millionaires Club, Medallion App, Insured Profits, or the Free Money System (Walter Green), you will want to read a recap of the scam reviews and investigations our staff conducted.

Centument Scam App and Gerald Reed the Actor
This piece of malicious fraud software will make you lose your money very fast and infect your computer with a Trojan Horse that will steal your personal information. The level of sophistication and false advertising tactics employed in this scam will send any cyber-criminal to jail for an extended period of time.

Citidel (Citadel) LTD Investment App and Dr Kent Grifly
This dirty scam is hands down the nastiest and most manipulative attempt to deceive and victimize innocent day traders into registering and funding a broker account under false pretenses. Anyone promoting this fraudulent app should seriously look in the mirror and ask himself how far he is willing to go to get his hands on the blood money sucked out of unsuspecting customers. This app will also infect your computer with a Virus that will lock you out and ask for a ransom.

http://binaryscamalerts.tumblr.com/post/137939858054/citadel-ltd-and-dr-kent-grifly-is-a-malicious-scam

The Einstein Profit Method
This is the cheapest and least sophisticated scam, the people who created this crummy software decided to invest the smallest amount of money and defraud people as much and as fast as humanly possible. There is nothing believable, honest, or genuine about this app, and that is a verified fact. The use of second rate actors and fake testimonials is so blatant and unsophisticated that it practically screams fraud.

Phoenix Trading
This is a really interesting scam which employs the use of a fake registration form and forged certifications to give the impression of a reputable service, when in reality this thing is a big fraud. William Johnston does not exists, he is just a fictional character devised to sell you an empty bag of nothing.

Insured Profits
Dave and Ginney are the all time scamming duo who will deceive and trick you into opening a trading account with some shady broker operating out of a creepy country like Uzbekistan or Sri Lanka, where people will sell their mother for a dime.

The Free Money System (Walter Green)
The Green Machine will rob you blind and send you to the cleaners. This is probably one of the biggest online deceptions ever carried out and recycled by thieving affiliates wanting to rip you off and get commissions for paying customers.

Other Scams that Keep Resurfacing
Binary Matrix Pro, Mockingbird Method, Coffee Cash Cheat, Channel Ranger, Binaryapp 810  (John Callaghan), Cash Code, Millionaire Blue Print, Fast Cash.biz, Google Trader, Dow Focus Group, Medallion App, Profit Maximizer, Profit Magnet.

Learn How To Avoid Getting Scammed
It’s not enough to complain, you also have to educate yourself and understand how these fraudulent schemes operate so that you can identify them and filter them out immediately from the start. Contact us by email at [email protected] in order to get free access to our 10 Point scam screening guide and you will be in essence “Scam-proof”.

Signals, Automated Trading, Bots
If you Google it you will find a lot of hype these days about bots, I personally do not recommend any of them since it’s basically giving someone or something else complete control over your money. If you have to go with bot Virtnext is the one I recommend this time, however signals and strategies are always my preferred tool.

Dow Jones Focus Group is a Big Scam

by Leave a Comment

Recently I’ve been receiving a ton of emails from people soliciting me to invest in this scheme called the Dow Jones Focus Group, so I decided to review them since I have been getting a lot of scam complaints.

First of all, there is no Jeffery Richards, its just an alias used by online marketers to attract every day working people much like you looking for a legitimate way to make money online. This has been re-confirmed multiple times, feel free to Google his name and references.

Equinox

Secondly, the so called “Equinox” trading software is just a rehash of existing older software, re-branded to give you the feeling of something new. It really does insult my intelligence when people try to sell me the same thing

It’s easy to see this because these marketers will most likely promote GTOptions as the leading broker, that is due to business-related issues. Not to say it’s a bad broker (quite the opposite is true), it’s just not one of the best ones these days, and it’s lacking regulation.

Furthermore, it’s not very intelligent naming a software after one of the most well known chain of fitness centers. Granted, it really sounds good, but has nothing to do with working out or going to the gym.

Dow Focus

To continue, analysts don’t develop trading software, it’s computer programmers and engineers and these guys will most likely work for bigger companies like Citadel, Goldman Sachs, or Dean Witter. You also have great guys working for companies that specialize in HFT (high frequency trading) and algorithmic trading, which is really where the big money is. But binary options are such a small niche that you have second grade programmers rehashing old code to make it look legit (Nadex and CBOE excluded).

Moving forward, these guys promise you profit and easy money just by pushing a button, but this just doesn’t work in the real world. I’m really sorry to burst your bubble and be the proverbial wet blanket, but chances are they just want you to open and fund your account so they can get paid on the back end by the brokers.

This is really good for the marketers, and to a lesser degree to the brokers who end up paying exorbitant fees for disgruntled clients just wanting to try out a new system because they really don’t have that much money to invest in the first place.

I mean, let’s be real – people who have the money to invest go to an investment banker and cough up a minimum of $100,000 for a legitimate yearly ROI of 5-8%. If you have less than that, it’s best to invest it in some form of small business and get a cash flow going. Another alternative is just getting paid for filling out surveys, it’s not a lot of money but at least you don’t get scammed.

To conclude, this Dow Jones Focus Group and Equinox software is just another in a long series of scam trading systems designed to solicit your initial investment. Generally speaking, there are far worst systems and at least the trading activity and investment amounts are being displayed and you know your win/loss (success) ratio immediately. But at the end of the day its a mere facade of aggregated and random data rolled up in a way which is designed to create a false perception of authenticity and legitimacy.

Leave a comment, tell me what you think on Quora