It never ceases to amase me just how low some of these forex robot/system peddlers will go. I did not buy this and do not intend to do so and therefore cannot label it a scam outright, but pay attention to the following.
I was given access to a webinar where I heard "Karl" tell a convincing story about how he developed the system (yes you have guessed it after meeting some millionaire trader in the mens toilets or somewhere equally ridiculous). However my attention perked up when I was presented with a picture of a hand on a bible and karl swearing that he is telling the truth. From that moment the guy had my serous attention.
However that attention soon took a nosedive when Karl said that he was only selling 20 copies. The price must be at least $50,000 right to make it worthwhile. Wrong!! The proce is $497. So that means that the maximum revenue Karl can make is less than $10,000 from the webinar which as we all know would probably be what the webinar would cost him in the first place, and since he says he made $100,000 in January why would he want to sell a product at a loss ??? OK I guess karl is not so honest as he makes out.
Now for the clincher - in the webinar a declaration is shown from an accountant stating that she has seen Karl's trading atatements and ther are genuine. On the declaration there is a UK telephone number for the accountants office. So I called it, and yes, you guessed it again, the number is false. Another anomally, the declaration is supposed to be from a UK accountancy company, but is stamped with a "CPA" stamp. CPA is a qualification given in the USA NOT the UK and would not be recognised in the UK!
Here is the clincher clincher - remember those 20 copies only ? Well I could not resist to log on the website, and yes, you guessed again, there are copies left. Not only that but when I tried to leave the website I was offered a discount!
And remember, the man swore on the bible that he was telling the truth. You do not know how sad this makes me!
I was given access to a webinar where I heard "Karl" tell a convincing story about how he developed the system (yes you have guessed it after meeting some millionaire trader in the mens toilets or somewhere equally ridiculous). However my attention perked up when I was presented with a picture of a hand on a bible and karl swearing that he is telling the truth. From that moment the guy had my serous attention.
However that attention soon took a nosedive when Karl said that he was only selling 20 copies. The price must be at least $50,000 right to make it worthwhile. Wrong!! The proce is $497. So that means that the maximum revenue Karl can make is less than $10,000 from the webinar which as we all know would probably be what the webinar would cost him in the first place, and since he says he made $100,000 in January why would he want to sell a product at a loss ??? OK I guess karl is not so honest as he makes out.
Now for the clincher - in the webinar a declaration is shown from an accountant stating that she has seen Karl's trading atatements and ther are genuine. On the declaration there is a UK telephone number for the accountants office. So I called it, and yes, you guessed it again, the number is false. Another anomally, the declaration is supposed to be from a UK accountancy company, but is stamped with a "CPA" stamp. CPA is a qualification given in the USA NOT the UK and would not be recognised in the UK!
Here is the clincher clincher - remember those 20 copies only ? Well I could not resist to log on the website, and yes, you guessed again, there are copies left. Not only that but when I tried to leave the website I was offered a discount!
And remember, the man swore on the bible that he was telling the truth. You do not know how sad this makes me!