Binary Scam Alerts is warning its members and subscribers about the Profits Unlimited Software (AKA Profits Unlimited APP) and categorically labeling it and Larry Landers as an Internet Investment Scam. Our team of resourceful researchers has conducted an in-depth investigation into this so called “Auto-trader”, and came up with some very troubling conclusions.
Official Scam Site: http://profitsunlimited.co/
Quick Update: Binary Scam Alerts was contacted by Mr. Paul Mampilly’s Lawyers and asked to add this clause: We would like to make the clarification that any reference to Profits Unlimited refers only to Larry Lander’s Profits Unlimited software. This alert does not discuss, make any reference or allusion to Paul Mampilly’s Profits Unlimited newsletter. We have also received complaints in regards to Mr. Mampilly’s service, but for the time being our investigation is taking more time than originally planned. Additional updates to arrive.
Proof of Scam:
As you can see below there is a gallery of all the classic mistakes you can make rolled up into one stupid app. Lets start with the fake testimonials, well here you can clearly see that Oscar Mason is an image bank actor from a site called freedigitalphotos.net where he prominently displayed as a “cheerful young man”. The famous Pauline Hart is also a fake, and most likely her picture was ripped off a corporate photography website without her even knowing or giving consent.
Fake Logos, Credentials, and News Reports
You can clearly see above the images from trustguard that all the scammers love to copy. Unfortunately they are a cheap forgery and copied of other websites which may or may not be legit. The same thing goes for the news icons, and if you try searching the internet for related articles you will come up empty-handed.
Profits Unlimited Software Review
Profits Unlimited claims to be able to make $4,653 a day using their automated trading software. In reality, the software is rigged and you can’t win. At best it is set to random trades, and most likely it is configured to take inferior positions with the understanding that if you lose they share the profit with a greedy offshore and unregulated broker. So, in reality all the trading tools in the world will not help you achieve a high ITM ratio, and it wont matter if you choose 60 seconds, 30 minutes, or hourly contracts. Once you make the mistake of investing your only concern should be how to get yourself out of this bind, and it won’t involve fancy charts or market analysis in the form of candlesticks or moving averages.
How Does it Work?
Once you register with the software it is integrated with a broker and in reality the sign-up process is for the broker as well as the software. This is one of the biggest problems I have with scams of this type, the broker selection process is not transparent and your ability to conduct proper research about where you choose to invest is non-existent. When you continue and fund your trading account it is displayed in the auto-trader and you can see what your balance is. Once you start taking trades you can see the charts move accordingly and the signals indicate the call or put option according to the strike price and the contract and asset type.
How Much Does it Cost?
Technically it’s free, but in reality it will cost you $250 to activate the software, and a lot more if you continue to re-invest. I’m seriously hoping you don’t do that since its a one-way street leading you to oblivion.
Similar Scams:
These include but are not restricted to the nasty Copy Buffet App, Trade Fusion, Push Money App, Tauribot, QBITS Megaprofit, Altronix, Millionaires Blueprint, Zulander Hack, Centument, Citidel, Insured Profits, and the Free Money System by Walter Green
Signals, Auto-traders, and Trade Copiers
Trading tools offering you massive wealth at the push of a button exist in the hundreds, and the vast majority of them are fraudulent apps designed to lure you into an investment scam. This website endorses the Binary Profit Method as the preferred signals tool, and in reality the most effective trading tool. If you are in the market for an Autotrader please make sure to read our Virtnext Review.
Verdict and Sad Conclusions
The Profits Unlimited App and Software as well as Mr Larry Landers (if you believe that) represent the most vile, disgusting, and deceptive elements of binary options trading. It is a despicable SCAM and a shameless attempt to deceive, manipulate, and victimize innocent day traders that simply want to profit online from binary options trading. If you have been cheated by these ripoff artists please contact us and we shall try to assist you in recovering your funds. Finally, don’t forget to join our Facebook page and subscribe to our YouTube Channel.
PS The crooks who are pulling the strings behind the Profits Unlimited scam are the same people responsible for promoting the Bitcoin Loophole as well as a host of other get-rich-quick crypto scams.