Are you searching for ” Authentic Passive Income Bot Reviews ?” Read our Conclusive Scam analysis of The Passive Income Bot Website. There seem to be a number of emails and reviews circulating, encouraging people to sign up for Passive Income Bot so that they are able to make as much as 50,000 dollars every month with no investment needed. This sounds like a wonderful opportunity but how much can you trust this offer? We have done research on this binary options trading software and we will share important discoveries that point towards a possible scam. Read this review to the end to find out for yourself if you can trust the people behind all this.
The Passive Income Bot Review : Scam Auto Trader Fake Results !!
What is Passive Income Bot?
If you have watched the video presentation on the Passive Income Bot website, you must have seen a man who introduces himself as Carl Razinski. According to Razinski, Passive Income Bot is a complex trading robot that is able to predict winning trades with an accuracy of 85 percent to ensure that you are able to make the said 50,000 dollars every month.
This Passive Income Bot App is supposed to be unique and employs WSMT algorithm to make predictive trades based on different considerations like trends and weather patterns. In case you are wondering what WSMT stands for, we are informed in the presentation that it is Wall Street Master Trades, in full. Somehow there is no information available about this algorithm which is a bit of a suspicious discovery that something named after Wall Street is not known in the Wall Street world. Well, maybe because it was developed by Carl Razinski and his partner, or because it is made up and not a useful software at all.
Also see my SnapCash Binary App review & results !!
More About Carl Razinski :- The Fake Passive Income Bot CEO !!
Carl Razinski the owner of the Passive Income Software says he is a former Math teacher who got bored with his job and later used his knowledge to come up with algorithms that would transform trading in the binary options, he teamed up with an IT expert and together they came up with this Passive Income Bot system which they are now giving up.
That is what we are told about him in the Passive Income Bot video but our suspicion is that Carl Razinski is actually a struggling actor who has been given a bit of money to pause as the owner of a sophisticated software and his name is not even Carl Razinski. We shall get into detail of that later but for now, that is all we seem to be able to establish about him.
Is Passive Income Bot Autotrader A Scam ? Reviews & Results !!
Does it work?
To write this Passive Income Bot review, we had to try it out and we chose to try out the demo mode and to be honest it seemed quite impressive and we thought maybe it is not a scam but later on, we noticed that the demo is not based on the actual binary trading market. It also gives you results on a weekend which means it is almost like playing a video game with imaginary results so we were back to doubting the Passive Income Bot software and that is when we made a number of striking discoveries that pointed out that this is a scam.
The Passive Income Bot Advantages – Important Points Exposing Scam !!
The Scam Exposed
Hidden Terms and Conditions: the scammers probably hope that you will not pay attention to the Passive Income Bot terms and conditions and that is where they have hidden their scam and they will get you to agree to be scammed. We discovered that while you are told joining and starting to trade using the software will cost you nothing, in the terms and conditions it is actually written that you will be borrowing money from the brokers and whether you win or lose, they expect you make prompt payments of the money you owe them. It does not end there, you also give them permission to harass you until you pay back the money that you have borrowed to start trading.
If the Passive income Bot signals were as good as they say they are, there would be no need to demand that you pay them back whether you win or lose, the people behind this know that you will lose but they want to be able to gain from you even when you lose.
False Information: Passive Income Bot scam is based on a lot of lies, one of them we discovered while carrying out research for this review is the claim that they are an American based company. An in-depth research shows that they are actually based in the UK and when you deposit money, it will be wired to an overseas account in Europe, this is probably the way the scammers cover their tracks.
False Testimonies: We have noticed a few faces that are giving testimonies to be the same faces of people who are employed on Fiver, where you can hire actors to do things like give false testimonies. If the testimonies are fake then how can you trust that Passive Income Bot is genuine?
Demo Mode: The demo mode for Passive Income Bot App is not something you can trust, the fact that you can try it even on the weekend shows it is not based on the real binary options market which does not operate on the weekends. You, therefore, cannot trust that the real thing will give you the same impressive results.
Poor Website: Passive Income Bot website is far from impressive, for a website owned by people with millions in the bank, you would expect they would have the website professionally done. The entire layout is just cheap, like the work of a con man trying to make a quick killing.
Avoid Scams : See my Onassis Alliance Scam update !!
New INFO : – ASAF WEINSTEIN! – The Scammer Behind This SCAM! Shocking Facts !! ( Source & Credits – BinaryOptionsDoctor.com )
If you read Binary Options Blogs regularly, then you may have visited a website named binaryscamalerts.com. The owner of that blog is a guy called Patrick. We used to like him a lot as he has been exposed scam software. You can see his picture on his blog also. A decent looking young man sitting with a smile on his face. In reality, this guy is not Patrick at all! His photo is just a stock image. He has hidden his real identity. Why? Because he promotes scam! Yes, folks, this guy is a real fraudster who has been promoting scams. That is why he never shows his real face on the blog. Many people have lost their hard-earned money by registering the product he promotes.
His real name is ASAF WEINSTEIN. He is from the middle east. Asaf Weinstein is the main man behind this Passive Income Bot system. He has released many scam software and made traders lose their cash. We have secretly monitored him and his activities and finally caught him red-handed. Never trust this Patrick AKA Asaf and his binary blog www.binaryscamalerts.com. He is an underground scammer. Never join this Passive Income Bot scam. We have enclosed some photos which will prove that Patrick is an imaginary blogger and real scammer behind this is ASAF himself.
See here – Source : BinaryOptionsDoctor.com
Conclusion : The Passive Income Bot App is 100% SCAM App – Created by ASAF !!
Is Passive Income Bot a scam? Most of the reviews and evidence points towards this being a scam. There is not enough evidence to make us think differently. It is advisable that you stay away from this Passive Income Bot App and any emails that come through trying to get you to join the trading system. Whoever is really behind the system has gone through so much trouble to cover up things about themselves and their operation and any business that is not transparent cannot be trusted.