Quick Cash System by Sarah Markel – Is It a Scam?
Technology is extremely sophisticated these days and now it is even possible to promote a less than legitimate product and convince people to invest in it, by using these technologies. Sarah Markel’s Quick Cash System may even fall into this product category, though it is presented as a Binary Options Trading Platform. So how can you tell the difference between a genuine product and a fake one? What are the clues, besides good common sense, that let you know that it’s possible you are being scammed? As an example and because some people are actually promoting this probable scam, let’s look at Sarah Markel’s Quick Cash System in more detail.
The Details are Inaccurate.
The video that is the sales pitch for Sarah Markel’s Binary Options Signals System has been praised as a very professional production, until, that is, some of the details are checked more closely. For example the spelling of the word Barclays as in Barclay’s Bank is wrong, Barclay’s is never spelled Barklays with a “K”. Another detail which appears to be mistaken is the make of the car in the driveway – as the car enters the driveway of the house that the supposed Mum is living in, it is a Mercedes, no less, but as it is parked in the driveway it appears to be a very ordinary Mazda. The point here is that there are so many inaccuracies in the promotional video that this alerts viewers to the possibility that Sarah Markel’s Quick Cash System is a nothing but a scam. Why else would the details be so carelessly and unprofessionally recorded?
Fake, Fake, Fake.
It has been noted that the actress who plays the role of the Mum seems very sincere and selecting a role such as this is a good ploy because most people trust Mums. Unfortunately in the promotional video the Mum is an actress. Some experienced web users say that they have seen this actress before in other promo videos; she is young and attractive and she seems to be one hundred percent sincere – what this means is that she is a very good actress who may have played a similar role many times over.
Testimonials and bank statements can easily be acquired from Fiverr.com, where they can be bought for a low price, then easily duplicated to look like the real thing on sites such as Sarah Markel’s Quick Cash System. Likes on Facebook can also be fake, as can Instagram accounts. So now we have the beginnings of a scam, the actors, the testimonials and the bank statements which show how much Sarah Markel has profited are all in place. The Sarah Markel binary options signal software platform has already been blacklisted, but it is still up on the web. This demonstrates how far scammers are willing to go to draw people in to their fraudulent endeavors – don’t be fooled by them.
Is Sarah Markel’s Quick Cash System a Ponzi scheme?
The original Ponzi scheme was perpetrated by Charles Ponzi in the 1920’s, though it had been conceived of previously. A Ponzi scheme is a fraud or scam in which unwitting investors are offered extremely high profits as a lure into the scheme. These same investors are then paid by monies which are invested into the scheme by other investors, rather than by the profits the Ponzi scheme has generated itself. In this way a Ponzi scheme may quickly fall apart, as the central figure in the scheme will not have enough money to pay new investors.
Is Sarah Markel’s Quick Cash System a Ponzi scheme? Is this why their site is still running? There is a possibility that the Quick Cash System webpage is still running in the hopes of attracting new investors to pay the former investors. This scenario brings to mind the old adage “If it seems too good to be true, then it probably is.”
What’s in it For Sarah?
It may seem like a simplistic question, but it is also a valid question to ask. What is in it for Sarah Markel and her backers? Could it be that Sarah Markel has cleverly realized just how big a deal binary options trading has become? Binary Options University has many students, because even though it is risky, binary options trading signals can work out over the long term. Binary Options University exists because binary options trading is popular. The idea of putting a new spin on binary options may have occurred to Sarah Markel.
Why not put a new face on the usual story? A generous sincere young Mum decides to share her special get rich quick formula, because she wants everyone to be as rich as she is becoming herself. Why would she do this? Why would Sarah Markel decide to generously invite others to walk the same road to riches as she has? Is she a humanitarian, or could it be that the Quick Cash Scheme is just another clever scam?
Some traders who have tried their luck with Sarah have reported that opening an account on her page can result in heavy pressure from the tele-marketers who are the customer support team on her site. These calls are made from call centres were the employees earn approximately twenty dollars per hour. Why are these tele-marketers working for such a lowly wage if they are a part of Sarah Markel’s team? Aren’t they able to participate in the Quick Cash System and make their fortune?
The minimum deposit on the Sarah Markel’s Quick Cash System is $250 so even if five people per day pay in at that price, that would still be a tidy earning of $17,500 a week for Sarah.
Watching the Video.
In watching the Quick Money System video the first signs that something is different is in the appearance of Sarah Markel, the attractive young mother, as she tells viewers that women are better at earning money as binary traders and better money makers in general than men. Who is this statement designed to appeal to? Is it strapped young men who are searching for guidance from a motherly figure? Or is it women who feel that they have failed to become rich because the binary trading scene is dominated by guru-like male figures?
Either way the story that Sarah tells is a little bit like a magical fairy tale. Her husband had to disappear because he had found The Pattern, the algorithm that makes a profit 100% of the time? This is not a believable statement from the beginning, with its description of computer programmers working night and day to find the magic code, to the ending where Sarah Markel’s husband disappears, but leaves her with a miraculous algorithm that will help her to create unlimited wealth. None of this sounds anything like a true story and it is very off-putting to think that Sarah Markel thinks that inexperienced traders, or anyone at all, will believe her.
If nothing else seems awry, surely the language of the video is a little bit hyper? “An algorithm that makes a profit 100% of the time.” “You can make from $5,000 to $10,000,000 per year.” “I made $1,349.22 in 1.25 seconds” “You can become a millionaire in three months.” Surely only the most naive of people would believe those lines. It is extremely disingenuous and mean of Sarah Markel to spin such stories to her potential trading customers. Or does the spinning of such tales reveal everything about Sarah Markel’s Quick Cash System in that she is only looking for those people who are very, very gullible.
More Errors and Anomalies.
A reviewer from a trusted binary options review site has also discovered some suspicious anomalies on Sarah Markel’s Quick Cash System page. For a start the email address is a Gmail address. It seems unlikely that a trustworthy binary options trading platform would have a Gmail address, unless of course they had something to hide. The phone number has a +44 prefix which is a UK prefix, while Sarah told viewers of the video that she lives I Oregon, USA. It may be best not to enquire why this is the case. The reviewer was served up a 404 page error message when he attempted to sign in to the broker on the Quick Cash System’s page. An error such as this one shows the cynicism of Sarah and her cronies – the sign in is through an affiliate page which has already been blacklisted, Titan Trade. At this point most expert reviewers would have concluded that the Quick Cash System is a fraudulent cash system and they would not also need to see the Quick Cash Systems login page which has a strong resemblance to a WordPress template.
It would be an obvious answer to the question “Is Quick Cash System a scam?” to say “Yes.” The errors are so blatant, the sales pitch so far-fetched that surely most people would watch the video to the end just to see how much further into deep insincerity Sarah would go. Nevertheless, it was an interesting attempt to find some clients in a very competitive marketplace. There are some good ‘Bots on the web, it’s just that Quick Cash Systems is not one of them.
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