Binary Scam Alerts

Grant Stone

Cobalt Code Is Scam! Legit Review Exposes Nasty Tactics

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As mentioned in our previous Cobalt Code SCAM Review and Blacklist Notification, Grant Stone and his fake software, app, and Auto-trader have been proven to be an internet fraud scheme. Despite everything, we keep getting complaints from angry day traders who were baited and misled into funding trading accounts with unregulated offshore brokers. At times these customers funded multiple accounts under false pretenses of doubling their money on Autopilot faster. Apparently the customer service responds to very specific types of emails queries and ignores the rest. The majority of complaints arriving these days have to do with bonus locks intended to cosmetically inflate your balance and provide an excuse to deny withdrawal requests.

Official Scam Page: http://www.thecobaltcode.com/

How Does the Cobalt Code Scam Work?
The diagram bellow illustrates how this dirty scam tactic works. The marketers who are in charge of promoting the bogus app recruit the innocent victims who in turn fund their trading accounts. Then the broker or “analyst” contacts the customer and provides them with “a strategy that is especially designed to get him an optimal return on investment” with the smallest possible risk. The broker then proceeds to have the trader sign documents which basically absolves him from any wrong-doing and squarely places the responsibility on the victim (that’s you).
Cobalt Bonus Lock

When you sign the bonus agreement form you are basically waving goodbye to your money, especially when it comes to big amounts. Usually you will be required to trade 20-30 times your original deposit + bonus amount granted in order to qualify for cashing out. The chances of that happening are close to zero and your money will go up in smoke like mesquite in a southern barbecue grill.

Recap of Cobalt Code Review
Mr. Grant Stone states that he was employed as a mid-level manager at a Madagascar cobalt mine off the coast of Africa. He noticed how the rich owners made their fortunes by manipulating cobalt stock, and decided to be “extra-nice” to his bosses until they revealed their so-called “secret code” for massive profits. Now, of course there are only a few copies of the cobalt code which can be handed out for free, but only a lucky few “action takes” will gain access to it and have a chance to profit like the wealthy elite.

Fallacious and Misleading Information
Similar to the Quantum Code and The Quick Cash System by Sara Markel, these Scams manipulate and distort the facts by providing fake testimonials, inflated bank accounts, trademark infringement, fake logos and credentials, photo-shopped images, and exaggerated earnings of 100% ITM ratio. Here are the really important things that are missing:

Transparency, there is no access to the real trading history and no ability to influence the broker selection process. The customers service was only responsive when it came to questions having to do with funding an account, but never when it relates to cashing out or withdrawing capital.

Grant Stone, From Complete Anonymity to Immediate Millionaire Status
Similar to Walter Green and the Millionaire Blue Print (AKA Free Money System), when someone steps up and claims he is a Multi-Millionaire our staff checks him out to see if there is some kind of public profile on various social media like Facebook or LinkedIn or some type of mention on local news outlets. We found nothing about this ghost, not to mention any company linked to his name. This should serve as a big red flag for anyone searching the internet about the Cobalt Code and Grant Stone.

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Summary and Conclusions
The Cobalt Code and Grant Stone is a very dangerous binary options investment scam. Our in-depth reviews and investigations have provided conclusive proof and a broad base of evidence that leaves no room for doubt. We understand that some of you have already been deceived and despite everything believe the app is genuine and legit. That is because you were led to believe that it is your fault, when in reality the broker and software owners are conspiring behind your back to steal your hard-earned money. We implore you to refrain from investing with this system and can’t overstate how deceptive and misleading it is. If you are still not sure and are considering buying into this scheme please contact us through our Facebook Page and YouTube channel for additional information and actual stories from people who were scammed.

Cobalt Code is Scam! Legit Review Exposes Fraudulent Software

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If you have searched the internet looking for a legit review about the Cobalt Code SCAM Software, App, and Autotrader as well as Grant Stone the fake actor and cheater, you need look no further. After receiving a burst of complaints and grievances from frustrated day-traders who keep getting profusely SPAMMED , our team of expert researchers launched a full review and investigation into the nature of this appalling new system. We are constantly looking for a trustworthy trading app, but the Cobalt Code is definitely not it. We have found the narrative to be riddled with holes, and the software anything but genuine. In light of the overwhelming evidence we have compiled, we have officially posted a SCAM review and Blacklist notification against this binary options automated trading solution and are warning all our members and subscribers to stay away from it.

Official Scam Site and Login Page: http://www.thecobaltcode.com/

Proof of SCAM
Here we have Mr. Grant Stone (Alias) who boldly claims this “is not binary trading”. I really don’t understand why he would lie about something like that, but as the saying goes there’s no such thing as a half-way-crook, and once you start lying you risk sliding down a very slippery slope and this time they just went too far with their half-truths and deception.
cobalt 1

Well, as if you needed more proof, here it’s plain to see that the use of fake testimonials and image bank actors is very effectively utilized to create a sense of legitimacy. Oddly enough the photos they took were also used by another BLACKLISTED offer called Disrupt Trading, only there the woman is called  Cindy and not Claudia. I guess they all steal images from the same places, and I personally find this form of false advertising to be particularly misleading and deceptive. Inflated bank accounts, rented houses, fancy cars, invented identities, and the use of actors is clearly evident in the sales video. You will also notice the classic ripped off CITI, HSBC, Deutsche Bank, Bank of America, and Santander logos, as these methods of operation should raise some red flags and those alarm bells need to start ringing.

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The Cobalt Code Review
So as the story goes, the so called Mr. Grant Stone worked as a mid-level employee in the Cobalt mines of Madagascar off the coast of Africa where he saw how the “fat cats” manipulate the stock in their favor. After kissing up to them he found out their secret and now he he is making millions and would like to give you access to this amazing money-making system. Interestingly enough there are only a few remaining copies of the cobalt code left, and they can be snatched any minute so you must “take action” and seize the opportunity before it slips away and never comes back.

cobalt3

Additionally, their sales page contains a bogus chart which claims it has been “proven and verified by Citibank and Bank of America”. We urge our members to contact the legal department of these banks and relay this information. I can pretty much guarantee that these banks have never heard of the Cobalt Code or Grant Stone, and most probably will report them to the police and/or sue them for trademark infringement. So we believe it’s best not to try and mix strategies like momentum trading or scalping. The use of technical trading and candle sticks analysis on 60 second options will also be futile, hence we suggest you withdraw whatever is left of your money and look for an accurate trading app.

Is this System Really Free?
No way, it’s gonna cost you $250 which will be paid through one of their slimy brokers.

Similar Scams:
Report a Scam ButtonWe recommend you avoid: The Quantum Code, the Free Money System, Lie Detector Millionaire, Drexel Code, Quick Cash System, Nesdek INC with Mike McDonald, Millionaire Blue Print, Amissio Formula, Push Money App, Fastcash.Biz, Safeguard Trader,Regal Wealth, Hedge Formula, and Perpetual Formula.

Signals, Bots, Autotraders, and Copiers
Out of the many new systems that are hitting the markets these days it’s fair to say the number of legit apps is very small and they are all showcased in our recommended section.

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Review Conclusions and Recommendations
The Cobalt Code software, app, and auto-trader as well as Grant Stone is a verified binary options investment SCAM. Our in-depth review and investigation has left no stone un-turned, but we found nothing but deception, lies, misleading information, and a massive lack of honesty and integrity. There is nothing genuine or legit about this fake app, and after testing the software we found it to be fraudulent. It takes losing positions and the ITM ratio is below 40%. Our balance was blown in about 60 seconds after consecutive losses were incurred. We are advising all our members to stay clear of this fake, blacklisted app and seek alternative investment avenues. Please join our Facebook Page and YouTube channel to get involved!