These days it seems like they are getting more and more lazy, as is the case with the My Profit Formula Scam. Released by the same people, with identical video uploaded to the same YouTube profile, and zero difference in the scheme, this is just another copy scam. They have decided to recycle the useless Charity Profits scam once it was exposed by numerous review sites and people stopped signing up for it and simply uploaded it onto a new domain.
Since I have been accused of blindly writing negative reviews and never giving any of these scams a chance, I encourage everyone that thinks this is anything but a scam to read my proof carefully and consider my words before accusing me that I have no reasoning behind my negative reviews.
Product Name: My Profit Formula
Niche: Binary Options Software
See, the whole scheme is the same. You sign up with their scam broker, invest your money, and then lose it all. This is presented in a charity package that is supposed to make you feel all warm and fuzzy inside thinking that you are helping while earning money, but neither will you or any of the claimed charities ever see a penny.
What is the My Profit Formula Scam?
Well, this is a typical binary options scam that is set up to rob you blind. They give you a bull story about this millionaire woman that has developed a software that is claimed to make you money trading binary options automatically. All you have to do is invest a minimum of $250. Only, not only do you invest with a broker that will never let you withdraw your money, but with a software that will lose every penny you have invested, and you can’t do anything about it.
Her added bonus? Well, among numerous other lies, she claims that 5% of the profits go to various charities. Perhaps to make her look more human and make it all seem more believable. Even goes to horrid low lengths in her story about how exactly she came up with this idea. If you ask me, this is perhaps the lowest of the low, using world hunger and poverty as a means to continue to rob people. Disgusting.
Watch the first video in full with controls.
The first video is a little over 30 minutes long, so I highly recommend you use the link above to watch the video on the website as it is a very painful and long 30 minutes. At least this way you can skip over the boring parts.
The video begins with some “testimonials.” These, of course, are all fake and Fiverr actors reading a script.
Our first actor is Jacobmacd22’s.
Here is this young lady, sees very believable with her girl-next-door look, but also an cheap Fiverr actor.
Well, for my previous review where she appeared for the Charity Profits Scam, I had found her and even the gig where she was using the clip from the website to promote her services. At this point, it seems like she has deleted her Fiverr profile as I cannot find her anywhere and looking up her name brings up nothing. It seems she has realized that making these fake testimonial videos will haunt her forever, but her brief lapse of judgement will always be known.
This guy, on the other hand, we’ve seen plenty of times.
He is Bigmack.
So, first step, is making her seem different from the rest and pointing out that she is a woman. Obviously, the My Profit Formula scam is focused more on women, hence the sob story that she is using to lure people in.
See, claims such as becoming a millionaire in general, let alone in such a short time are absurd.
The fact that she claims that the My Profit Formula scam works 7 days a week simply proves that the idiots behind this scam have no idea what binary options are. The markets are closed over the weekends, hence why they cannot be traded 24/7.
Another bad Fiverr actor.
Dates are completely off. This screenshot was taken on the 22nd of April, while the date above shows September 18th, lie much?
Another lame Fiverr actress.
This lovely lady is Julezzz.
Now, who doesn’t know this face? He’s been in a LOT of scams.
This is dtp1987.
So, she claims she is Megan Sanders, only, she is an actress from Portland, Oregon. If you search Megan Sanders online you will not find anyone that fits this description or has any link to any such company except for the numerous reviews. Not to mention the fact that they overlooked an important point, they didn’t change the name of the scam in the video. It is still Charity Profits App.
The fact that she guarantees anything is enough proof this is a scam.
This promise seems to make this look like a good deal, only, who will you contact in order to get your money when you’ve lost your investment. Even better, who will answer? This is not mentioned anywhere in the Terms & Conditions, if such even existed, and is nothing more than another lie.
So, 5% of testers and pre-launch users will donate 5% of their earnings to a charity? Interesting. The reason individual charities are not mentioned anywhere on here is because if you decide to look into this you will discover it’s a lie. The lowest lie there is.
This lie is even worse. Lie about what you want, but don’t use other people’s suffering to profit!
Another bad Fiverr actress.
This is augdiamond.
One more actress from Fiverr.
This guy had me wondering. Honestly, had no idea who he was and couldn’t find him on Fiverr. Until I realized…
He is actually another Portland actor that we’ve seen several times before. He is actor MiahWashburn.
Recently a giving a fake testimonial for the Royce Code Scam as well as the CEO and founder of the Obcasio Scam. Now he’s a veteran thankful for donations?
She also threw me through a loop until I accidentally discovered her.
This is another Portland actress that I’ve actually seen in at least one other scam. They have intentionally used very low quality cameras to make these last two videos in order to make it seem as if they are really home videos, but they are just more actors.
Oh, you do have something to lose, like your sanity and that hard earned cash you are investing.
Watch the second video with controls.
Love it when scams like these use words like transparency. Considering they are not transparent with their identities, their contact information, how the My Profit Formula scam works, or anything even remotely close to revealing or true, it’s rather sad.
Great, on top of it all you also have a broker trap.
To be honest, at this point, considering that each of the testimonials have been proven to be actors reading scripts, I think it’s useless to waste time trying to figure out who these guys are. Though, if you insist in the comments, I will reveal them as well.
All in all, this is just a copy of the Charity Profits Scam. They have done very little to even try and cover that up. The only difference in the video is that they’ve uploaded a version with subtitles, but both the Charity Profits Scam video and the scam video here are uploaded by the same user. They have also learned their lesson and changed the IP of this domain so it isn’t directly linked to the numerous other scams they release, as it was with the Charity Profits Scam. All in all, the My Profit Formula scam will rob you blind, but if you feel I am being too harsh in my review, give it a try, but please share your experience in the comments. As I have always said, I love being proven wrong and hope there really is something that works out there, but with the My Profit Formula, I just cannot see it happening.