The Passive Income Bot is a new binary scam that recently launched and I’ve been taking a closer look to learn more about it. After spending some time researching this new system it’s clear to me that it’s a complete scam and you should definitely avoid it. Keep reading my full review to learn exactly how this scam works below.
First things first go here to see my #1 recommendation for making money online which is a system I’ve used to make over $14,000 in pure profits in the last 30 days.
Passive Income Bot – The Real Truth
The guy on the sales video for Passive Income Bot claims to be Carl Razinski who is a MIT dropout who makes over $50,000 per month. What an absolute joke this system is. It’s clear to me it’s yet another binary scam no different to Click Money System and Electoral Profits which are 2 other scams that recently launched. This system promises you can make a fortune and all you need to do is sign up and make a deposit at the binary options broker they recommend and you’re set. Do this and you’ll make 50 grand a month. Yeah right! I mean seriously how long is this binary options scam going to keep coming back. The scam hasn’t changed at all in the past 4 years yet unfortunately people keep falling for it.
So what’s the real truth here and how does the scam work? It starts with you visiting their website and watching the video that states how you can make easy money. If you decide to test it out you’ll have to sign up at the broker they recommend and you’ll need to make a deposit. The minimum deposit is $250 although you’ll always be encouraged to deposit far more. Once you’ve made the deposit you’ll be able to use the Passive Income Bot which is a software. This will make binary options trades for you so that you don’t have to think about what to trade. At this stage you should according to their sales video be making money but in reality you won’t. In fact within a few hours or a few days at most you’ll log into your account and find that you have zero money there because the “Passive Income Bot” will have literally traded away your money to nothing!
The software is a fraud and it’s actually designed to lose. You see the people who made the Passive Income Bot website have partnered with the binary options brokers so that they earn a commission whenever they refer a new person to the broker. When you sign up and make that deposit of $250 they get paid! So that’s all they really care about is getting you to sign up so that they earn their commission. The software you get access to is not one that’s going to make you a lot of money, it’s one that is designed to lose. The brokers need you to lose money in order for them to win and make money so they literally ensure that you lose by giving you a trading robot that is programmed to lose.
The owners of the Passive Income Bot website don’t care about your success and the guy on the sales video is an actor. All the testimonials from people saying they made a fortune are made up. They are simply there to convince you that the system is real when in fact it’s a complete scam.
Passive Income Bot – Scam Brokers
As I mentioned the Passive Income Bot owners have partnered with the binary options brokers so that they earn commission for referring new people to them who make a deposit. These guys are crooks but the biggest scammers of all are the brokers. The binary options brokers are not to be trusted because they will not scam you for just $250 they will try and take everything you have. They employ sales people who work on commission and these people will call you up and literally lie to you in order to get you to part with your money. If you’ve seen the film The Wolf of Wall Street the way they act and treat you is quite similar to this film. All they want to do is get you to invest your money and they don’t care if you lose all of it. The only difference between the film and the real life binary brokers is that you are guaranteed to lose your money with binary options. The brokers literally need you to lose money so why would they tell you that they can help you make money? It’s like the owner of a casino saying he can help you make money in his casino, it’s just not going to happen.
Passive Income Bot – Fake Testimonials & Actors
In case you’re wondering about all the glowing testimonials on their website as I already mentioned these are paid for. They are not real testimonials or reviews and most people here have simply been paid and given a script. It’s easy to get someone to give a testimonial and there are many websites out there where you can pay as little as $5 and someone will do a video testimonial for you so I can tell you with 100% accuracy that these testimonials are fake. Plus the people on the sales video are actors too, even the creator isn’t actually the real creator, he’s simply an actor and the whole MIT story is made up.
Passive Income Bot – My Conclusion & Recommendation
I’m not recommending this system because it’s quite clearly a scam. Don’t invest your money in this as you are guaranteed to lose it.
If you want to see how I’ve been able to make over $14,000 in the last 30 days alone then go ahead and check out my no.1 recommendation below…
Ps.. It’s got nothing to do with binary options 🙂