Prove My Profits is a new binary option auto trading software scam that doesn’t look new at all. It recycles “ideas” and various twists from so many older scams, it will feel instantly familiar for everyone who has ever seen such a scam before. Yes, it harkens back to Polygraph Millionaire, and Lie Detector Millionaire before, it, as well as the My Profit Formula and Royce Code. It is quite a medley and there’s not a single original line of text in it. The site through which the scam is promoted, makes it clear instantly what we’re dealing with. It promises nearly $500k per month ($498,000 something – these scammers always seem obsessed with providing very exact numbers in this respect, down to the cent-count, probably in the hope that this lends them some added legitimacy), clearly a ridiculous claim for something which allegedly doesn’t require its user to do anything. This is the very definition of “too good to be true”. If that doesn’t have your alarm bells ringing though, just take a look at the Provemyprofits.com promotional video, in which a certain Ted Morgan will promise you everything on God’s green earth and beyond.
All through the video, we’re bothered with incessant pop-up messages, urging us to sign up right away, and not to waste any more time with useless thinking and deliberating. This is one of the common features we see with every scam we expose on Binaryoptionswatchdog.com, squeezing you time and time again into signing-up.
Provemyprofits.com is not getting you $498,561 per month, forget about it!
Who exactly is Ted Morgan though and what sort of presentation did he put together to hook some desperate and ignorant souls looking to eke some money out for a Lamborghini? If Ted Morgan seems like a made-up, generic name to you, that’s because it’s exactly that. The guy portraying this character is obviously a hired actor, who does a much better job though than some of his peers at sounding convincing. The reason for this is probably the fact that he fits the sleazy salesman part to a T, and he’s not trying to be anything else.
In fact, he tells us at the very beginning of his promotional video that he used to be a crooked marketer. He was one of those “gurus” who promise people riches online, just to swindle them out of their savings. Now this is exactly the sort of character to whom one would want to trust his/her money, right? No worries though, Ted Morgan, who used to make millions per year scamming people, has straightened out his act, and this time he’s honest. If you do not want to take his word for it, he goes through this hilariously bogus lie-detector test, administered by an alleged ex-military serviceman. The outcome of the test is obvious: Morgan aces it with flying colors, while bold-facedly lying to us on every single one of the questions asked by the also fictitious interrogator. If it were a real test he was taking, the instruments would’ve been blown ceiling-high after the very first question about his name.
The video has a sort of perverted and ironic appeal to it, well-sensed and manipulated by its creators. Given the twists of the script, the protagonist actually ends up deriding the very same practices he’s pulling. It’s like he’s laughing us in the face, telling us “look what I can get away with”. Morgan starts his work-day aboard an idling private jet (the scammers probably wanted to cut some corners, which is why they’re not even trying to pretend the plane’s actually flying – like they did in the past with a number of other similar scams). He then grabs a rented Porshe and drives out to a rented mansion, where he gives us a discourse about his past and about how his software is supposed to make money. It was apparently developed by a certain “Trader X” (where have we heard that before?), and it is based on really-really advanced algorithms of some sort. To fill up the video, and to perhaps deflect attention from the utter lack of details concerning the inner workings of his trading robot, Morgan gives us an introduction to binary option trading .
Once he arrives to his favorite spot (an empty restaurant, possibly also rented out for the purposes of filming), Morgan gives us a video of his hilarious yet utterly ironic interrogation, as if he were savoring the insultingly daring nature of the heist he is pulling on all the unfortunate suckers out there. He then drives right back to his mansion, to take a look at what his software has accomplished in a little over an hour’s time.
Some binary option auto trading scams go for fake modesty, promising realistic-sounding sums. This is one is not like that. Since they’ve already told us they were scammers, they may as well go the distance and slap us with a truly mind-boggling profit-amount, right? Right! Morgan’s miracle machine has made almost $25,000 while he was out, bragging about his lie-detector test. Imagine what it could do for you! Well, we know exactly what it WILL do for you: it will eat up your $250 that you have to deposit, and you will never see your money again.
Sure, Ted Morgan told you in the beginning that you wouldn’t actually have to pay up a single cent…that was just to hook you though. It’s a tactic which is aimed at capturing interest. Once emotionally and interest-wise invested, the victim is much more likely to say “to heck with it” and cough up the money he was told he would never have to. The bottom line is that there is nothing original about the Prove My Profits scam, with the possible exception of the insolence and irony that oozes from every second of Mr. Morgan’s promotional video. Not only are you getting robbed here, you’re getting robbed with the perpetrators laughing right in your face!
Review Verdict: Prove My Profits is a SCAM!
Blacklisted website – Provemyprofits.com
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