It’s ridiculous the lengths these people will go to just to get you to deposit $250 in a binary options broker account.
Larry’s Cash Machine is the latest binary options promotion on the market and from what I’ve seen on the affiliate network where it is promoted, it is doing pretty well in terms of how many people are signing up every day.
Larry’s Cash Machine is one of the worst that I’ve come across and I’m going to go ahead and call this one an outright scam because of the number of lies being told just to get you to sign up.
Not only the number of lies but how outrageous the lies are as well.
I probably watched maybe 15 minutes of the sales video before I clicked it off in disgust. I usually make it through most of the videos but this one made me kinda sick.
Larry’s Scam Machine Claims
The makers of Larry’s Cash Machine (I’m now calling it Larry’s Scam Machine), claim that it was created by a Harvard professor who ended up generating over $38 Million in the last 36 months in binary options profits.
I don’t think I believe this for a second especially when you add in the story about the US Government trying to ban his software and his peers threatening him.
Why haven’t I heard something about this on the news? Why haven’t I heard about some Harvard professor who became a millionaire “trading” binary options?
On the website, they also claim that the software was featured on the BBC, on ITV, in the Daily Mail and the Daily Telegraph.
I did a search on these sites and found no mention of Larry’s Cash Machine.
What they’re trying to do here is to try to lend credibility to themselves by associating with these publications and media outlets as well as Harvard University so they could further manipulate viewers.
This practice is highly unethical and maybe even illegal. They’re outright lying just to sell you on getting a broker account from their binary options partner.
Their story is bogus as is their association with BBC, ITV, Daily Mail and Daily Telegraph.
Who Wants to be a Millionaire?
The other thing that is bogus is the millionaire claims.
Larry’s Cash Machine and their presenter, this James Nealy character are pretty sure that they’ll make you a millionaire within the next 12 months.
Their goal is to make 500 new millionaires in the next 90 days.
And the funny thing is, they’re going to do all the work for you.
When was the last time someone worked their ass off just so that YOU could have a million dollars?
These kind of lies are typical of scams and typical of some of these binary options promos.
The truth is that Larry didn’t make no $38 million trading binary options and you’re not going to make anywhere close to a million dollars either. I’ve seen enough of these promos to know better.
Truth About Larry’s Cash Machine
Before I wrap up this review of Larry’s Cash Machine, here’s what you need to know about this software and others like it.
There is not real software available that was created by some Harvard Professor named “Larry” (alias or not). The software you’re going to get is a trading bot that is given away to anyone who signs up to No1 Options, which is the broker in this case.
Their claims of the software being 97 percent accurate is most likely bogus as well. I have yet to hear of anyone making a substantial amount of money trading binary options.
Another thing that you need to know is that when you’re dealing with binary options, you’re risking your money. Binary options is gambling rather than actual trading because you’re essentially flipping a coin and putting money down on a prediction.
It’s not a good way to make money online but a rather good way to lose your money.
As for the testimonials in the video and all those guys claiming to be millionaires because they tried Larry’s Cash Machine, they’re paid actors (just like Nealy), who were paid as low as $5 to do their fake testimonials, a service that is offered on the micro-job site Fiverr.
Bottom line is that Larry’s Cash Machine is a scam and you should avoid these binary options offer as well as binary options itself if you’re not into the idea of gambling away $250 of your hard earned money.