Basically, the Royce Code Scam made me cringe almost the entire way through. The website itself offers nothing more than a typical scam promo video, zero information, zero proof, basically, nothing. The interesting thing about the video was the fact that they have managed to make a reunion of some of the latest scam CEO’s in one video which I found very amusing. The video is filmed in Portland, Oregon, and the actors prove that. This is just another Portland production.
Product Name: Royce Code Scam
Niche: Binary Options Software
If the actors were the only problem, perhaps we could get over it and move on. The problem is that there are so many issues in this video that I am blown away that people are still falling for this scam. With fake screenshots, absurd promises, no demo, zero transparency, and very serious connections to other scams, this scam is just another among many.
What is the Royce Code Scam?
I think it’s pretty clear that this is a binary options automated robot, not that you will learn this directly from the website though. In fact, he goes around it so much that actually have to pay close attention to actually hear binary options in the video. The fake CEO rides around in a limousine and goes into his rented per hour luxury home all the while spewing lie after lie.
Watch the first Royce Code video with controls. You won’t be able to pause, let alone control the one on the website, making it extremely annoying. The good thing is that at least it’s not another 30 minute video, perhaps budget was low.
So, here is the first testimonial. Very interesting considering this guy was claimed to be a millionaire CEO of several binary options scams.
Here he is featured in the Zeus Investments scam as the CEO with upwards of $600 million.
Here he is again as the CEO of the WikiTrader. I am trying to wrap my head around how he managed to lose it all and become a beta tester for a different scam. He is an actor from Portland, Oregon, only I cannot find which company he works for and his professional profile to share it here as he needs to be named and shamed.
The only other testimonial in the video is made by another actor that was recently a CEO of a binary options scam.
He was the CEO of the recent Obcasio scam.
You can meet Miah Washburn on his professional actor’s profile.
This is not Richard Royce, in fact, I am not sure such a person even exists. I tried to look for such an individual that matches this description on social media and found nothing. Also, there is no company registered under the name Royce Wealth Group, its fictitious just like their claims you’ll make money.
He is KevinMartin, Portland Oregon actor known for his roles in other scams.
One such role was from the Quantum Code where he played as the CEO that made people millionaires.
I think it’s pretty clear which information has been Photoshopped in, the name and the amount available now, there is a major difference in the font and sharpness of these elements.
Here he says its $1500 in 3 hours, but that will change.
Interesting how there is no mention of said insurance in the terms and conditions. In fact, they underline that you should not believe a word he says.
Considering there is no such company called the Royce Wealth Group, I cannot imagine clients allowing them to manage over $2 billion in assets. Not to mention they are not brokers, they are the middleman between us and the brokers.
This is far from true, considering the software domain was registered in the beginning of December, I cannot see how this is even possible.
No mention of the name of the insurance agency that will be handling this important task. The reason is because none exists.
You will find nothing else on the intro page, the second page offers nothing more than another video and a FAQ that offers little to no information. Watch the second video with controls.
Now, the claims go up to $2000 a day, and trust me, there is no profit withdrawal insurance scheme to speak of. There is a scheme, but it’s not to benefit you.
In fact, in their FAQ you will find the only useful question and the most revealing answer. They claim that the software works 24/7 but with lower trading over the weekends as the markets are less active. The thing is, the markets are actually closed over the weekend, you can catch a couple of hours in the beginning and towards the end as various world market hours may still be active, but chances are if this is a genuine software you will have zero trades over the weekend.
Lastly, if you are one of the chosen countries that can use this software you are taken to it at the last step. Watch the full third video with controls.
The software really isn’t much. As its not activated with a deposit I cannot see any information on potential trades or even charts to actually give me any sign that this thing is even connected to the market. Either way, it offers very little as far as controls are concerned and zero information.
I found their Terms & Conditions finally which say a lot. Basically, the information you will find there reveals nothing more than the fact that they are covering themselves legally once you lose your money. They wash their hands with warnings and claims that anything you’ve seen or heard in the promo website has nothing to do with this software and you have no guarantee of profits. Also, I saw no mention of the claimed insurance or how your money is being protected.
Although I found no interesting information in the promo page domain, I did find something very interesting in the Softwaredomain.
On the same IP (126.96.36.199) I found 4 other live websites that are confirmed binary options scams including none-other than Mikes Auto Trader. A well-known scam artist that has been linked to far too many of the scams out there right now who also runs a popular binary options review site called the Binary Options Watchdog where he plays games with traders and tricks them into investing with scam software. In addition to the scams in the list above two others that I have reviewed and confirmed the IP as being the same are the Orion Code and the Jarvis Formula. These guys get around. You can explore all of the websites hosted on this IP HERE.
The Royce Code Scam is no different from the rest, same actors, same lies, and even the same thieves behind it.