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Marc Vena

Vena System Review, How the SCAM Works!

January 24, 2017 by Patrick Jones 3 Comments

The Vena System software by Marc Vena has already been proven to be a confirmed SCAM and worthy of being blacklisted in our fair and exposing review. However, we have received a few messages about day-traders who complained about having their money stolen. They want to understand how the scam works, and if possible to know the people behind it are. Naturally, we agreed to take this challenge and decided this is a great time to shed light on the operational aspect of this most recent dangerous scheme as most reviews neglect this information.

Official Website, Login Page, and Members Area: http://venasystems.co/

How The SCAM Works
The operational aspects of the scheme require the following resources: First, a call center with trained sales people (not financial analysts) who are very persuasive at reaching out, establishing trust, and getting you to re-invest. Secondly, they need affiliate marketers to provide the customers. It can be via emails, pop-up messages, various forms of ads, or social media. Finally they need a person who specializes in banking procedures and understands how to move money around. It can be an accountant or anyone with a banking or financial background. Obviously there is someone who manages everything, usually its a crook or just a shady personality.

venahowitworks

Once the customers are invited to participate and swallow the bait, the brokers steal the money and then split the loot it what is commonly referred to as a revenue or profit share scheme. It’s worth noting that most of the money is accrued through recurring investments which are made by clueless traders that are tricked by professional salespeople posing as legit market analysts or consultants. This broker’s staff is compensated according to the amount of money they generate for the broker, and not how much profit they make for customers.

venacycle

Credit Card Processing – How The Money is Stolen
In our unique review we have gone to the trouble of consulting with people who are actually employed in the banking sector in order to understand how the money is being stolen. The cycle of theft can be seen in the diagram above, and starts at the point of sale. When the customer provides his credit card details and clicks the submit button the money does not go directly to Visa or MasterCard. Instead, it goes to intermediaries that are called payment processors which debit the credit card and distribute the transaction fees as agreed between all parties.

For example, lets say you deposit $250. A certain percentage of that goes to the processing company, this could range anywhere between 0.5% to even 7% depending on the risk level. Binary options are considered high risk because customers complain a lot, so the processor will charge exorbitant fees for simply allowing the transaction to go through and absorbing the risk of a possible financial dispute.

Now, let’s not forget the Credit Card company itself charges a fee and the software platform also takes a cut. Let’s remember, in most cases the brokers don’t own the actual software and have to set aside a certain fee for the actual platform i.e Spotoption, or Tech Financials. So at the end of the day there is nothing left for the broker, which means the only way to get it back is by getting you to reinvest and that’s when the real problems start.

On a side note, it’s worth mentioning that many of these shady operations are used as personal cash-cows in order to launder money for shady businesses or for reasons having to do with tax evasion. The owners of these so called “brokers” are in many cases unsavory characters with a checkered past and a propensity to commit crimes such as credit card fraud and identity theft. We have poked and prodded while trying to find the real identity of the people behind Vena System, and we came up with partial and unverified information so we prefer not publicizing our initial findings at this point. We do know the affiliate marketers operating behind the scenes and its not just one network, rather a collection of less-than-ethical cyber crooks that have made a strategic decision to deceive and defraud innocent day-traders.

Complaints Keep Mounting
As expected we are getting additional complaints and it’s not looking very promising for this new system. As the dots start to connect the picture we are seeing is very grim indeed and we can guarantee you will find no assuage. In fact angst and bitter frustration is what you can expect if you have invested in this fake app and trading robot.

Vena System Software Review – Brief Recap
Marc Vena is allegedly one of the world’s “leading online mentors”. This fake actor and cheater is now offering you an guaranteed way to make $5,000 daily for life. He wants us to believe his system will change your life and you can make a ton of money on auto-pilot while you live your life. He also claims his system is 100% risk free and the profits are guaranteed.

We have heard this kind of hype before and know that nothing is guaranteed especially in online trading. We also know that trading is very risky, so that should be enough to get you steering in the opposite direction. Additionally the system is NOT free and you will end up paying at least $250 for it. This money will be charged to your credit card by one of their slimy brokers.

Similar SCAMS Trending Now
The ones to avoid these days are Rubix Project and Tesler App.

Signals Versus Trading Robots
If you are looking for a legit trading app please make sure to check out our recommended section. We have done the research for you so you don’t have to.

recommended systems2

Review Summary and Conclusions
The Vena System software by Marc Vena is a SCAM and we had no choice but to blacklist it in our fair and impartial review. If you believe this system to be genuine you had best be ready to have your money stolen by a band of savvy internet swindlers and affiliate crooks. We have already proven that Vena System is a scam in our previous review and investigation, and this article sheds additional light on how the operation works. We have done our best to answer your questions and provide you with valid insights into the inner workings of this fake app and auto-trader. As always, should you have more questions or queries do not hesitate contacting us through our Facebook Group and YouTube Channel.

Filed Under: Scam Reviews Tagged With: Marc Vena

Vena System Review, Dangerous Vena SCAM Exposed!

January 19, 2017 by Dan Wright 1 Comment

The Vena System software by Marc Vena is a BLACKLISTED SCAM of the worst kind! In our fair and impartial review and investigation we will produce all the proof and evidence required to validate this fact. But first, a word of caution. If you have received an illegal SPAM email invitation to participate in this sham, make sure not to click on any links and unsubscribe immediately. We have already received tens of complaints about spyware infecting computers and mobile devices with viruses so stay alert and totally attentive. It has come to our attention that this fake app and trading robot has managed to slip under the radar because the presentation is very believable, and that is exactly why it is so dangerous. We are possibly looking at one of the most deceptive and misleading systems which is being peddled online today. These actions are being instigated by crafty affiliate marketers conspiring with offshore and unregulated brokers with the implicit intention of defrauding innocent day traders looking to earn some extra money trading binary options online. To add insult to injury, one of our members has recently complained of overcharging on his credit card statement. This is not something we can tolerate and these kinds of shameful and unethical business practices will be exposed in the most unrelenting and revealing way. Just keep reading to see why Vena System is a confirmed financial scam.

Official Website, Login Page, and Members Area: http://venasystems.co/

Proof of SCAM – Updated:
Now this was a bit tricky because they used a foreign production company. However, we collected enough evidence that allowed us to reach the right conclusions. The image below represents what we call the Trifecta scam alerts. We have fake testimonials, hyped-up and exaggerated claims, and fake certifications.

vena1

We have also searched for a company named Vena System and it is not listed in the Better Business Bureau. The website is not McAffee or HTTPS Secure, which is in direct contradiction to what the sales page is saying. Marc Vena is also a ghost with no social profile on Facebook or LinkedIn, so when we look at the whole picture its getting very clear that we are dealing with a scam.

Vena System Software Latest Review
Marc Vena claims he is one of the world’s “leading online mentors”, and  he is now offering you an easy way to make $5,000 every day for the rest of your life. He claims his system has changed the lives of many ordinary people, and now he is about to change yours as well if you give him a chance.

marcvena

He goes on to say that he lives his life according to three principles. The first, he speaks to everyone with dignity regardless if they are rich or poor. Secondly, respect is earned not given. And finally, he surrounds himself with people he trusts. He goes on to state that he will provide you with access to a very small community of wealthy individuals, who each make an average of $150,000 a month or $1.8 Million a year.

Then he claims anyone can do it, and no technical skills are required. All you need to do is signup and turn on the software and you can be one of the next 21 members who gain exclusive access to this groundbreaking software. He mentions the software uses clever inbuilt programs to take advantage of the world’s trading markets.

Then we continue with the parade of fake testimonials starting with Jane who opens up the software and the trading panel shows a whopping sum of $35,763.71 which was made in a period of 7 days. After that we meet Graham who says he used to be in construction and now he is making $7,000 daily.

Who Is Marc Vena?
He claims he worked in the foreign exchange industry most of his life, where is specialized in a niche called “money wholesalers”. His job was to “buy huge amounts of cash direct from the markets on a daily basis”, and supply it to other exchanges with liquidity. His job was also to negotiate the best deals and buy large amounts of physical cash on an industrial scale. He claims he is an expert in market forecasts, and through this knowledge he developed the Vena System software.

In reality what we are dealing with here is a fake trading robot. We are witnessing the same kinds of tells such as fake testimonials, inflated bank accounts, hyped-up or exaggerated claims, and just outright lies. 

Is it Free?
No it isn’t so get ready to fork up at least $250. This amount of money will be charged to your credit card by one of their sleazy brokers.

Fake Reviews
There are many fake reviews being published by so called “honest review sites”. These are essentially affiliate marketers accepting bribes in the form of commissions when writing favorable reviews. So be extra careful and make sure to do your research.

Similar Viral Scams Trending
The ones you must avoid are Tesler App and Rubix Project.

Signals Versus Trading Robots
If you find yourself deliberating and not sure about how to proceed it’s totally natural. Fortunately we have compiled a short list of the best and most consistent money-making machines. These are all showcased in our recommended section.

recommended systems2

Review Summary and Conclusions
The Vena System software by Marc Vena is a dangerous investment SCAM and regrettably we had to blacklist it immediately in our impartial review. We know Vena comes across as a believable character, however his charm, good looks, and British mannerisms are used as a fig leaf to hide the truth. If you were baited, tricked, or deceived by this dirty lot of affiliate marketers make sure not to reinvest and never sign any documents. We already know the brokers operating behind the scenes are professional con artists specializing in internet and credit card fraud. Furthermore, if you believe this app to be genuine or legit you had best be prepared to get your wallet fleeced in a very effective and sneaky way. In light of all the evidence and complaints we have received, we are currently warning our members and subscribers and advising them to avoid this system and seek alternative investing channels. We now know this trading robot was designed with pure malice and steals money. Contact us through our Facebook Group and YouTube Channel for more information. 

Filed Under: Scam Reviews Tagged With: Marc Vena

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