Profit Avalanche is yet another binary options trading system released through the scam dump that is the Clicksure marketplace.
It wasn’t released by Erica Wilde, the girl in the video. Nor was it released by Lenny Figaro, the only other person mentioned in the video that has any connection to the Profit Avalanche software.
It was released by two guys who go by the name of Joe Walter and Michael D. These two guys are behind a string of binary options scams, one called Fast Income App and another called Auto Money Machines.
Both these binary options software has been deemed scams by legitimate independent review websites and this could explain why we’re now doing a review of yet another binary options promo by the same guys with a different name. And also why you never see their names attached to the promo.
The same guys have also released other products targeted to internet marketers. I’m not even sure these are their real names but they have a bad reputation for putting out scammy and low quality product.
Profit Avalanche Has Scam Written All Over
As I love to point out, 99.9% of these binary options promos are scams. And this included Profit Avalanche.
I called these promos (or pitches) instead of products because there is usually no product or software that can be downloaded from the original website.
Instead when you sign up, you’re just referred to another website (the binary options broker) where you are given access to whatever trading robot and system they have there.
Binary options itself is no way to make money online. It’s gambling, something anyone regardless of experience can do which is why you always see people in the videos talking about how little experience they have “trading”.
From the story to the actress to the testimonials, Profit Avalanche has scam written all over it as it follows the same template as other binary options promo scams before it.
Erica Wilde’s Story is BS
I would have taken sympathy with Erica’s story if it were true. Getting kicked out of your home and living on food stamps while carrying a baby is not a good situation to be in and I feel it for anyone who has to go through that.
However, knowing the way these promos are set up, Erica Wilde is an actress who is touting a fake story and even a fake name.
She claims to have been on CNN and NBC but I couldn’t find any mention of her name or even her “Mama Millionaire” moniker on any of those websites.
She is most likely a freelance actress hired by Joe Walter and Michael D to do this glorified testimonial for a system supposedly handed to her by one Lenny Figaro who is also just a fake character in this grand scheme.
The truth is that none of these people are millionaires. I have yet to hear about anyone making millions from binary options. All of the lying and cheating is just a way to get you to deposit $250 at some binary options broker so you can lose it while “trading”.
Even The Testimonials are Fake
I’ve highlighted it enough times on this blog alone. As long as you see testimonials for these products, they’re most likely fake and using paid actors from sites like Fiverr.
Here’s an example. There’s a guy towards the end of the video who claims to have made thousands using Profit Avalanche and is about to take a vacation with his wife to Bora Bora.
Well here he is on the site Fiverr, selling testimonials for $5 each. His name is Vlad from Macedonia and goes by the handle Kreativa.
I’m sure the other testimonials can be found with a careful search of the marketplace. If they’re lying in these paid testimonials, what else are they lying about? A lot I’m sure.
The testimonials in the members area are also fake and use stock photos of people.
Profit Avalanche with 500 Option
Binary options seems to be a very profitable business. But only for the brokers and their affiliates (like Joe Walter and Michael D).
I say this because no matter how much I review these scam systems there always seems to be so many different brokers available to “trade” from.
Of course, these are pretty bad people it seems if they allow people like Joe Walter and Michael D as well as all the other scammers to continuously rip people off.
I’m sure the brokers are also running their own scams too as I keep hearing complaints of people not being able to withdraw their money and other complaints.
I don’t have any experience with any of these companies but some of the reviews are pretty bad.
The broker you’re referred to after signing up to Profit Avalanche is 500 Option.
I always check to see which broker these people are referring you to. Some of the scammers claim to have created a unique app for trading yet they end up referring you to a broker that was used in the same promo for another program.
Remember that even though Erica says that the software is free, you still have to give 500 Option at least $250 to start trading. This is how the creators of Profit Avalanche make their money – they get a commission every time they send 500 Option a depositor.
If you have any experience with Profit Avalanche or 500 Option, I would appreciate if you can share how it went down in the comment section below for the benefit of others who might be looking for reviews.