I don’t even know where to start with the Perpetual Formula Scam. I mean, it is so absurd that they must obviously think that people are complete idiots. They have made every single mistake in creating this website and the videos within it.
Product Name: Perpetual Formula
Founder & Chairman: David Parker
Official Website: perpetualformula.com
Potential Profit: $112,589.65 Monthly
Minimum Deposit: $250
Honestly, I think that I can show you how crystal clear this without even giving you proof simply by the absurd things they say and write in this website, but I know there are skeptics out there so I want to make sure I do this right. To start, it is 100% obvious that the people behind this actually have zero knowledge of binary options or they must think you are stupid.
What is the Perpetual Formula?
This is a binary options software scam. Basically, you are taken to a software that you click auto trade, select the investment per trade, and wait for money to roll in. Only, it doesn’t roll in, but rather out. Quickly.
Binary Options are a form of trading in the stock market that require you to predict whether the close rate will go up or down during a set contract time. If you predict (or the software predicts) correctly, you double your money minus the broker fees, if not you lose your investment. If the trade stays the same then you get your money back. But today more and more scam software has been released claiming to have high win rates, such as this with an impossible win rate of 100%, and impossible profits.
The Perpetual Formula Introduction
Please observe how the video begins. “Does not require any investment of any sort,” only it DOES! You DO have to invest with the broker a minimum of $250.
He first says he will make a $1,000 bet with you that you will make money, only in the last vide at the end he claims you will get $3,000 if you don’t like it.
A couple of million wasn’t enough, they had to go into the billions. Who is this joker?
Parks in front of this very impressive building.
This is in fact the Liberty Centre in Portland, Oregon.
The moment he walks in a guy is waiting at the door and all the sudden you are no longer in the same building as above.
THIS! I mean, seriously! He bought the Liberty Centre. Let that sink in for a moment. Liberty Center in Portland, Oregon.
First, binary options are traded only during the week as the markets are closed over the weekend. Second, there can NEVER be a 100% guarantee.
He also has a sob story you are bound to hear about.
Again, bought the Liberty Centre building. I will not go into revealing all the actors in this software because it will be a waste of both mine and your time. Portland has become a hubbub for video production to be used in scam videos and I am certain that a quick search will reveal all those involved. But I think I got this even without tearing down an actor that just needed to make a few dollars.
Now, who is David Parker. This guy is an actor. Not just any actor though. I actually even feel honored that they have gone to such extent to hide the identity of the real actor because I do believe I have found him, but considering that it is not 100% certain due to his completely changed appearance. I don’t want to share something that cannot be proven 100%. Trust me though, he IS an actor, he is not a millionaire, and he is not the CEO of the Perpetual Formula scam.
Again, 24/7 is IMPOSSIBLE! Also, 100% accuracy is IMPOSSIBLE! The moment someone makes or even hints at such a claim RUN!
This system has been up since 2-3 months ago. There is no company Perpetual Formula, and whatever system is behind this website has not been up since 2002.
Later on in the video he discusses how the selected broker (note, broker, not brokers) only works with the software. So far we have seen screenshots from at least 2-3 different brokers. Now, his withdrawals of $100K a week are a bit off from the $100K a month that is advertised, but ok.
Do I really have to show you the actor that is in the testimonial? First, this is NOT a Skype call, just looking at the overall quality of the videos and how different they are. In fact, they just changed the perspective of the camera that has been filming the whole video. They aren’t even talking to each other, they are reading scripts!
The donation part was infuriating. Period.
She is an actor, she does not represent a charity, and this is a disgusting way to market your scam. If not for anything else, for this LIE they must be punished.
Their Disclaimer seems to have a problem. It accidentally reveals the connection to the scam Risk Free Profits.
The Perpetual Profits Software
I think it’s pretty clear that you won’t make money. But the software looks familiar don’t you think?
I’ll go into detail later.
So, they made the video to find 1 person? They could have spared that money and just given them the $250 for the investment with the broker.
Borrow from a friend!? Nice.
Software is identical to other scams.
Lie Detector Millionaire Scam and MANY more.
Insight on the Videos
Behind the Scenes
Check out the IP address.
If I pointed out every single thing that is so painfully wrong in this video this review would be 10 pages long. Focusing on the important things I hope I have given you an idea of what to expect from these scam artists. The Perpetual Formula consists of lies, completely inaccurate information, Photoshop, actors, and much more.