Paulo is the fake name of the CEO behind the Mambo Investments scam (MamboInvestments.com). With the Mambo Investments service you won’t come across any paid actors or get-rich-quick guarantees which makes this scam all the more dangerous. Before we debunk this scam, we would like to thank a few of our subscribers who took the time to alert us about MamboInvestments.com. Due to your vigilance and efforts, your unfortunate trading experiences won’t be completely in vain. We can assure you that the Mambo Investments managed account service is a scam so sit back, relax and read this review. We’ll cover all the details you need to know and save you a minimum of $250.
Compared to most scams where we are provided with fake actors and company details, you won’t find any of these characteristics with the Mambo Investments scam. Instead you will be faced with what appears to be a very legitimate investment offer which is the main reason why this scam has become so viral. The Mambo Investments service is essentially a managed binary options account service that claims users will generate a 77% success rate, yet the highest reported success rate some of our subscribers have seen would be 62%. Which raises the question of which “trading results” this group of scam marketers are posting Monday through Friday because they sure don’t match any of the result images we have seen!
Perhaps they are picking the cream of the crop or just photoshopping the images. To be honest, we aren’t entirely sure but one thing we are sure about would be how this scam relies on the incorporation of stock images and stolen images from the Internet to gain your trust. Before you sign up with the system, you will come across a section on the website where you can “see what their clients are saying” about Mambo Investments. “Magda Smith” is claiming that she is earning well over $15k a month without doing a single trade. Carol Linn, a student from Texas, says she is making over $35k monthly with the service. Does this sound a little too good to be true?
Absolutely! The Mambo Investments service fulfills the embodiment of yet another binary options scam that is too good to be true! As you will see for yourself in the image provided to you below, all of these “clients” are actually stock or stolen images from the Internet used to further gain your trust. All you have to do is open and fund an account with one of their assigned brokers and you’ll gain access to a 1 month free trial. After your initial month, if you managed not to lose all of your money, you will be charged 10% of the profits for the upcoming months.
In theory, this is an extremely attractive offer which is where most newbie traders make the mistake of trusting the service and getting started with one of their brokers. Little do they know that the scammers operating behind the scenes of this scam are only looking to receive a commission off of your broker sign up. There are no other intentions. Instructions on how the 10% profit payments that occur after your first month are never disclosed to you either, leaving the question open of are you really expected to generate profits after your initial trial month? This is a rather unique and an exceptionally dangerous scam and we are urging all investors to stay away from the Mambo Investments service scam!
Review Verdict: Mambo Investments service is a SCAM!
Blacklisted Website: MamboInvestments.com
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