The Free Money Guaranteed Scam- Honest Review

Posted by Vince in Not Recommended | 0 comments

What’s in a name? It’s one of the most important things to take into consideration when putting up a company. Sometimes, it takes a single look for people to judge whether it’s legit or not. So tell me, when you come across something called Free Money Guaranteed, do you immediately think this could be a great opportunity or does it sound dubious right off the bat? I know a handful of legit companies with not-so-good names but for the record, this is not one of them.  

WHAT IS IT?

Drumroll please. It’s binary options software. If anything, that alone screams SCAM and I wouldn’t trust them with a dime of my hard-earned money. To those who are not familiar with how this works, here’s a quick explanation.

Binary options in itself is legal. It’s a form of trading wherein the time frame lasts from 1-5 minutes, not days or weeks. The only thing you need to do is choose whether you think a specific commodity or stock will increase or decrease in value, thus the options CALL or PUT. Because it’s so fast, there are no patterns and predicting the results can be very difficult. Because you can win or lose huge amounts in less than an hour, the Federal Trade Commission requires the use of disclaimers informing you of the risk and what you’re getting yourself into.

WHAT GIVES IT AWAY

• Fake timer and limited spots: It’s typical in almost every scam. It’s all psychological play – making you think you’re about to earn a special spot and with it, propel you to act faster because literally ‘time could be running out.’ But of course, try refreshing the page and everything will reset.
• The Guarantee: So apparently, if you won’t make any money, they will give you $100k. Oh man, that’s the funniest thing I’ve read all day. Look, he can say he will give you a million dollars and it still won’t matter one bit. Why? If they won’t keep their promises, they don’t have anything to lose. Well, for one, you can’t sue them so there’s that.
• Fake testimonials: Pretty much everything you see in this site is fabricated or downright fake. The people you see raving about Free Money Guaranteed? You can actually hire them for a measly five bucks. Try searching in Fiverr and I’m quite sure you’ll find them there.

THE SALES VIDEO

If you’ve seen the sales video of these binary options scams, they have one thing in common: they try to poke that inner desire to have everything, to be able to afford anything. Sadly, it often works. You see, they will tell you all the things you can buy and do if you have unlimited cash and you basically don’t need to work. They show you mansions, luxury cars, vacation in the Bahamas – all the things you want.

VERDICT:

Free Money Guaranteed is a scam. Their software doesn’t work because no technology on earth exists that does what it claims it can do. When you try your hand at binary options, it’s a lot like gamble. When you decide to sign up, they’ll direct you to their ‘recommended broker’ and you’ll be asked to deposit $250 as starting funds. The moment you do, the people behind Free Money Guaranteed get their commission. So yeah, the $100k guarantee is a joke just like everything else in this ‘company.’