Is Guaranteed Payouts a Scam? – Another Unethical System!

Another binary software has just been rolled out, Guaranteed Payouts.  It “guarantees” you will make one thousand dollars per day in average. Is Guaranteed Payouts a Scam? I think it is just another unethical system and you should stay away from the Guaranteed Payouts.

Is Guaranteed Payouts a Scam? – Another Unethical System!

Name: Guaranteed Payouts
Website: http://guaranteedpayouts.net
Overall Rank: 0 out of 100

Guaranteed Payouts is a Binary Options Bot, but I think it is a scam. Why? There are way too many red flags and I will show you in this post.

The Red Flags


#1 No Genuine Contact Information

One major problem of Guaranteed Payouts is the overhyped sales video and its official website. The very first page of the official website has no genuine contact information, but there is a form to fill in your name and email address. It does nothing upon signing up to get the access to see what’s offered by Guaranteed Payouts.

Is Guaranteed Payouts a Scam – Another Unethical System.

#2 Invest with Guaranteed Payouts

You will be invited by to watch a long instructional video, which the voice actor appears to be its creator “Victor Langley”. This five minutes long video eventually demonstrates to you how you can make money with their product and you will be pushed to invest in order to earn.

If he is just giving out the software for free, why would he pressures members and rush you to invest? This definitely smells like a big scam from Victor Langley.

The biggest “Binary Option” scam is what could be defined a  Ponzi Scheme. Guaranteed Payouts does sound like one. Ponzi Scheme is a scam system whereby you place your money in it, but it does not provide the services that are promised in its claims.

#3 Who is Victor Langley?

Nobody knows who is Victor Langley. He claims to have been a senior engineer for a global networks company. I have then tried to dig for more information online and I failed to get any details about him.

#4 Binary Bot – Law of Physics?

Yes, you read it right. Victor claims the Guaranteed Payouts System was built based on the Fundamental laws of physics. I am wondering if he is referring to the Newton’s first or second law. He has just made himself looks like a big fool.

#5 Free Lunch

I am always skeptical about a program or software that they claim you will be making a great amount of money WITHOUT having to do anything. There is no such thing in this world. You will also see a lot of misleading statements in the video. He claims they have 91.4% ITM rate and there is no such number in the binary

You will also see a lot of misleading statements in the video. He claims they have 91.4% ITM rate and there is no such number in the Binary Option world.

This unprofessional fraud site shows a fancy house, cars and families having fun in its video. This is what typical scam would do to attract visitor to sign up for their products and suck your money.

Is Guaranteed Payouts a Scam – Another Unethical System.


Conclusion

Guaranteed Payouts has nothing to do with Binary Option trading. I have listed down a checklist on how to identify if the product a scam here and Guaranteed Payouts has them all. A product like like always rely on your vulnerabilities and vices (greed and laziness) to make money.

My advice to you is before clicking on a web link or signing up, do a thorough research. If possible, contact or call up the company directly and see what if the information tallies with what they advertise on their website. I forgot, Guaranteed Payouts has no contact details at all on its official website. So, ignore Guaranteed Payouts and move on.

Does Binary Option Trading software really works? Yes, it works if you have some basic understanding of trading. You can’t simply rely 100% on BOT software as they only offer controlled risk, low cost, and the ease of use. No matter how smart the BOT is, no one can predict what a stock or commodity will perform within a short time frame. Let me post a question here: Will Apple (AAPL) shares go up in the next 5 minutes? Well, BOT can only predict based on the hindcast data. If there is a major announcement made by  Apple, there is no way to even predict it! Neither the most experienceed trader nor the smartest Binary Option Trading software in the world.

Final Thought

Is Guaranteed Payouts a Scam Another Unethical System.

I would like to warn traders to be watchful and stay away from Guaranteed Payouts and choose another reliable and trusted Binary Option system. I concluded that Guaranteed Payouts is a scam and it is just another unethical system.

I have seen a lot of promotions of this system on Facebook and on Google. It was totally misguided and the members have been taught to spam to artificially make it looks legit on the Internet.


My First Choice of Making Money Online

I review money making products like affiliate marketing programs and I share my views on investment and money management with my readers. I make money online too by participating in only legitimate affiliate marketing programs such as Amazon, Google AdSense, ShareASale and Wealthy Affiliate.

I have reviewed many bad and unethical platforms in the market because I have been there and I have tried some of them in the past. I was scammed and I learned from mistakes.

If you want to know how I make investments, please feel free to check out some posts under “Money Management” and “Investment” Categories. If you want to learn how I monetize my blog online, you can read Earn Money Online as Affiliate Marketers

Alex

Is Guaranteed Payouts a Scam? – Another Unethical System!

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2 Responses

  1. John Dunn says:

    I just publicly tweeted your blog post about the “Guaranteed Payouts” scam. I think it is a great article, especially the part where the promoter says it is free to start. If you listen carefully it says you do not need any money at all. Then when you go to the site to sign up totally free it asks all of your personal information, then says you must have a minimum of $250 to start. That alone says a lot about how much of a scam they are. I think it is worth filing a complaint with their local SEC since the company they are referring people to is fully aware of what the video says from the marketing guys that refer you to them. They claim that it is not their responsibility or they have no connection to the marketing guy yet they know all about him (them) and he must be making money (commissions etc) from them so they must have some form of official agreement or affiliate program in place so under any SEC rules I am sure there is something about fraudulent activity under their regulatory systems.

    Anyhow I think you wrote a great article and I shared it via my own personal twitter.

    I am also new on WA as johndunnf 🙂

    • Alex Y says:

      Dear John, thanks for dropping by and gave it a read. These scams will never disappear. I do agree it is best to have someone reports to the local SEC. Then what? They will be repackaging, renaming and roll out as a brand new product. It is sickening to know there are so many people being scammed over the years despite the amount of information made available on the Internet. Greed is the culprit. Most people look for free lunch or fast-money schemes. We all agree there is no such thing in this world, and yet there are people believing in it.

      Thanks for sharing this article on your twitter!

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