Read this important Automata Formula System review.We have exposed this scam system with evidences. The Automata Formula App is just a re-release of the familiar Orion Code scam and should be avoided at all costs! Don’t believe a word of what these scammers have to say, just delete and walk away!
Unfortunately it’s increasingly common for us to be seeing old scams being re-released under new names at the moment. In this case we have the recently released Automata Formula scam which has quickly been gaining considerable attention online. This is despite it being just a re-branding of the old Orion Code scam which we’ve already thoroughly debunked on our site.
Naturally the scammers behind the Automata Formula team don’t care much about this as they know all too well that 99% of the people who they are targeting will not make the connection. Hopefully this Automata Formula review will demonstrate how this scam is based on nothing but lies, and serve as an adequate warning for anyone who has been tempted to invest their hard earned savings into this frankly despicable operation.
The Automata Formula Review : Scam Exposed With Proofs !!
Before we get into the details it’s important right away to qualify quite how closely the Automata Formula robot follows in the footsteps of the Orion Code scam. The presentation (more on which below) is hosted by a proven actor who follows a near identical script to the Orion scam. Even the ludicrous back-story is the same. Furthermore the projected earnings are identical, as too are the promises that the Automata Formula software is fool-proof, lucrative and allegedly available to only a small, limited number of investors.
It’s quite clear that the same group of crooks have been behind developing both of these scams, so bear this in mind when reading through the rest of this Automata Formula review. Would you trust a bunch of proven fraudsters with your investment capital? Hopefully not!
The Automata Formula System Promises The Impossible !!
Regular readers of our scam expose should recognize plenty of the familiar warning signs that this is a completely fraudulent operation. Most prominently the Automata Formula website and presentation explains wholeheartedly that users will earn exactly $950 an hour. This figure is ‘proven’ by the use of blatantly Photo-shopped bank account details that indeed show this exact figure being paid out on the hour, every hour. Earning an exact sum of money with this degree of consistency is literally impossible with any form of trading – the markets simply don’t work like this!
Even more so, the claim that people can make $20K a day without lifting a finger and without possessing an iota of experience in trading is similarly ludicrous. While an allegedly fool-proof, infallible robot trader may sound good the truth is that it makes the user powerless to control their trading activity.
By contrast Legitimate binary trading signals systems will project realistic earnings that are supported by masses of genuine, verifiable historic performance data. They’ll also use software that allows users considerable control over the bot and able to apply cut-off limits to protect their balance. The Automata Formula program offers none of these features, as it seeks only to appeal to people who are clueless as to how binary trading works.
How The Automata Formula Will Rip You Off ?
As we’ve demonstrated countless times before trading software that is 100% automated is an express way to lose all your capital fast. Quite often scams such as the Automata Formula App insist that new clients accept a sign up ‘bonus’ that is automatically applied to their trading balance. Sounds good right? Believe me it isn’t!
The problem is that this ‘bonus’ comes with the catch that the client can only withdraw funds after a certain period and number of trades. You’ve likely guessed what happens next: the client watches the software appear to make a few winning trades, but cannot withdraw any funds due to the bonus restrictions.
Then the software suddenly hits a bad patch and loses everything – or more likely the funds are siphoned off into the scammers account. People who have been ripped off via the Orion Code scam widely report this – and there’s no doubt that the Automata Formula software is designed on exactly the same principle.
Mysterious CEO & The Fabricated Testimonials
Hopefully now we’re at the halfway stage of this Automata Formula review readers will have realized that this is an utter sham of a scam. So far we’ve focused mainly upon highlighting the red flags that’re familiar to experienced binary traders – but what about the people behind the scam?
As mentioned above most people who are going to be defrauded by the Automata Formula software will invest ‘blind’ in the sense they’ll have little understanding of how this style of trading works. Instead they’ll be attracted by the promotional video and suckered by the high pressure sales techniques that these guys employ. It’s sad – but there it is, so just in case anyone still has doubts let’s delve deeper into the workings of this nasty scam.
George Coleman is the man presented as being the CEO of the Automata Formula platform. According to the presentation he’s a former banking hotshot with Wells Fargo who has developed software that beats anything else out there. If this sounds familiar – it should do – this is the exact same fantastical story line made with the aforementioned Orion Code scam.
Coleman of course is completely made up – there’s not a shred of evidence that this guy ever existed, and believe me if you’re a heavyweight investment banker you will have an easily traceable online presence. Secondly ask a question – what do bankers do above anything else? They make money. Why on earth would Coleman share his foolproof formula with others when he could just keep it all for himself? It doesn’t add up – and nor should it, because it’s all a fairy tale.
Don’t believe for a second all the testimony used by alleged early testers of the Automata Formula method. All it takes is a screen grab and image search to realize that everyone featured in this presentation are bottom of the barrel actors, most of whom have featured previously as talking heads for other binary scams. Everyone featured claims that the Automata Formula has radically changed their life for the better – which is exactly what the majority of people watching the presentation will be hoping to hear.
We can prove this is utter hogwash because despite claiming to have been operating for a couple of years the actual site has only been up for a month at time of writing this review. Prior to then there’s no site been registered under the name of Automata Formula signals – probably because the scam hadn’t been dreamed up yet.
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Conclusion : The Automata Formula App is SCAM !!
There’s not a huge amount more to say when it comes to the Automata Formula system. These guys are operating a 100% scam and should obviously not be trusted with a dollar’s worth of investment, let alone the minimum $250 it’ll cost to sign up with the software.
Getting involved with this scam will absolutely always lead to a complete and utter loss of every cent entrusted to these fraudsters. Remember that they’re utterly unregulated and provide no details of where in the world they’re even located, so recovering losses will be next to impossible. So if you or someone you know is tempted by the Automata Formula website – please just walk away.