Passive Income Bot Scam – Amateur at Large!
Passive Income Bot for binary options is SCAM !
Make no mistake. Do not invest your capital before you read this full and impartial review. Carl Razinski is a complete fraud. He is none other than a bogus name invented for the purpose of courting innocent victims into the Passive Income Bot scam trap.
Whilst on one hand, everyone is looking for systems by which we can make a quick buck trading online, it is a crime to present systems such as the Passive Income Bot, that is created with the sole intention of scamming you of your capital. Please do read this full and informative Passive Income Bot review, and find out more details, on how to avoid falling prey!
Passive Income Bot – Scam Review
As explained earlier, anyone who looks at the binary options industry, is doing so, in order to make a legitimate income trading online. However, it is a serious crime, to present a system, knowing fully well, that the outcome of using it, is to divest a trader of his capital.
This is exactly the purpose intended with the Passive Income Bot. You may be enticed to try this software, based on the claims of making an attractive income. Sadly, you will end up discovering that you have been deceived, and that your capital will soon become an investment of the past.
It is a given, that most new traders are looking for a legitimate option to help them trade and make money online. This premise is the fundamental source of scam. Knowing, that new traders will be innocent enough, to believe all that is presented to them on a silver platter, the scammer just go for the jugular! If you are a new trader, you are the best target for scam.
Website Under Investigation for Scam , Passiveincomebot.com
You may probably be asking why does the binary options market attract so much scam? The answer is very simple. Binary options trading is the easiest form of trading to understand. It is a very liquid market, and possibly the best way in which to make money trading online. For this reason it attracts scam such as the Passive Income Bot.
Carl Razinski, is the alleged CEO of the Passive Income software. In truth, he is no-one but a cheap actor hired from the popular site Fiverr.com. Worse that using an actor that is on a cheap production is stealing photos. Here we are not even discussing stock photos. In this case we are dealing with proper theft of identities.
Have a look at the images below. In the first photo, we see “Carl Razinski” posing with the Chinese compatriot team. The second photo, is the real source of the photo stolen from the site http://www.dipont-edu.org/schools-tianjin-fls.php We are dealing with an amateur scam here. It is not even a professional way by which to disguise an identity. The photo of Carl Razinski is simply over imposed on the real identity of the director of Tianjin Foreign Language School! Seriously, how low can one stoop in order to produce a “convincing scam”?
Passive Income Bot – Scam at Work
The Passive Income Bot scam is supposed to work on the WSMT Algo system. Despite the fact that you may be impressed with the volume of WSMT and what it stands for, you are about to discover that this is just Wall Street Master Traders. Admittedly, we find this humorous.
A bunch of words strung together are what allegedly drive and move the Passive Income Bot!
This impartial Passive Income Bot review, cannot help but take the micky out of the amateurish scam.
If you are a new trader, we can forgive you for being taken in with this Passive Income Bot scam. Allegedly it is based on stock market trading and the magical wonders of its trading algorithm. The robot is supposed to work on “margins” and by lending traders a passive loan on their trades. Seriously this is a load of mumbo jumbo.
Broken down in simple terms, here is how Binary Options trading really works. If you are a new trader, you may mistake your trades for the real purchase of currency pairs against each other. In truth, you are only choosing a direction in which the currencies will head within a specific time frame.
A good binary options software system, will trigger good trading signals, based on studies on how currencies react to market forces. However, under no circumstance, should you mistake this with the actual buying and selling of currency. This is a just a fraudulent way of presenting the Passive Income Scam Bot.
Passive Income Bot – Fake Reviews and Bogus Traders
A first class manner by which to scam traders, is to post claims of fake revenues. Pretty much like the borrowed identity of Carl Razinski, we are dealing with fabricated evidence of money making traders.
This is a very devious way in which traders are convinced that real profits are being made by other traders. In real truth, no profits can be made.
This leads us to another distortion of fact. Is the Passive Income Bot free? Well, the software can be downloaded free of charge. That is a given. However, if you consider your capital to be valuable, but you know that this is expendable, and that you will lose it, will you still think of the Passive Income Bot scam to be free? If the cost of the scam Bot, is the value of your capital, then the Passive Income Bot will cost you at least $250!
Claims of Impossible Revenue
The video pitch for the Passive Income Bot scam claims that you will make at least anywhere between $1500 and $5000 in profits. Of course, this is very attractive. You may be the bone of contention to lead you to subscribe to the Passive Income Bot.
But please do stop and think for a minute. Do you seriously and realistically think that you can make $5000 on a humble deposit of $250? This is nothing but a classic scam tactic, to get you to subscribe to the software.
Even if you do not fund your account with one of the many dishonest and scam brokers attached to this system, you will have given up your data. Stay tuned for an avalanche of spam emails in your inbox, which will invite you to finally part with your capital on the premise of untold profits.
Passive Income Bot – Binary Option Sheriff – Final Thoughts
Before the Binary Option Sheriff, proposes a software system to its subscribers, we try it out ourselves. Likewise, before we shoot a software to our BlackList Scams, we scour the Internet. Here is what other bloggers that are of the same opinion say.
In this case, we were not short of finding confirmation of our scam verdict for the Passive Income Bot.
The Binary Options Elite Club – went present an in-depth analysis of their scam verdict for the Passive Income Bot
Likewise, the Binary Options Agency – consider the Passive Income Bot to be “A Scam of Epic Proportion”
Although our verdict may disappoint traders, we hope that we will have caught you in good time enough to warn you. Your your capital is not safe with the Passive Income Bot SCAM!
Conclusion and Verdict – Verified – Passive Income Bot is A SCAM!!
Thank you for taking time to read our Passive Income Bot review. We are sorry to disappoint you, if you landed on this page, looking to make an extra income trading online. The Passive Income Bot, will not only not give you the opportunity of extended income. It will just rob your capital!
As we have explained earlier, the Binary Option Sheriff, will never recommend a system, unless it has been tried and tested. Our recent genius discovery is the “compound trading system” called the Penny Millionaire.
Watch the video below, and emulate our trading strategy based on real fundamental analysis, and experience a capital growth. We do not recommend systems unless they are previously tried and tested.
If you experience any problems, or have been scammed, please do not hesitate to leave a comment in the box below. We are here to help. For a more personalised reply please drop us an email on support (at) binaryoptionsheriff.com