Passive Income Bot – Stealing Money not so Passively
What’s the story with Passive Income Bot? Making money is a very important and fundamental part of living. After all, this is what the whole world seems to revolve around. In primitive times the sources of income were a lot simpler and easy to understand. However, with the development of technology, there has been a massive development in the way people earn money. This has led to a lot of different avenues, especially online scams.
The internet has changed the way people perceive the concept of making money. With so many stock markets offering investment opportunities globally, people are swarming. Investors literally gather anything that they can hoping for profits. Among these financial tools are also a lot of scams. Scammers organize to steal from people, especially those behind Passive Income Bot. Our review debunks this binary options software.
What is Passive Income Bot?
Passive Income Bot is a very accurate example of a scam. The app robs people of money by making false claims. Once we found out about the passiveincomebot.com website we decided to dig deep into it. Our investigation found some very critical issues. There are a lot of things that instantly showed how unreliable this site truly is. Given the fundamentals that are used to make any online trading software reliable and trustworthy, Passive Income Bot had a lot missing.
Actors like Carl Razinski are used profusely to develop scams similar to Passive Income Bot. He is most likely unknowing that he is paid to assist in robbing people. This innocent looking, to-the-point website takes its users through quite a fairy tale. The Agency decided to weave our way through this app and expose its bobus nature.. We found exactly what we were expecting to find. Passive Income Bot is a badly collaborated trading site. It has zero credentials. Here are some of the things that we found about this scam.
Who is Behind This Scam?
Carl Razinski is a fake. This fact is not in dispute. Marketers are hiding behind a paid actor, but that is not a surprise. The investigation when we stumbled upon who the actual marketers appear to be. Firstly, Zone4Play, an Israeli gaming company is where blame should be placed. We have on good authority these are the real scammers! Additionally, the main culprit is said to be Patrick Jones. You may know him. Are you familiar with this photo:
We’re disappointed to learn this binary options scam exposer may actually be doubling as a scammer himself. Asaf Weinstein is the real person behind this stock photo shown. His website used to be a reputable watchdog style site, but no longer. We don’t want to give website traffic to Asaf Weinstein, but exposing it now a must. We would be failing in our efforts if we did not tell you this critical news. Asaf Weinstein is from BinaryScamAlerts.com and BinaryScamWatchMonitor.com. Two sites that are both promoting a viral scam. If you subscribe to this blog, it may be wise to unsubscribe. If you have not been to his blog, don’t go now! Avoid it. These are not credible folks. Will the real Patrick Jones aka Asaf Weinstein please stand up! So sad!
A lot of noise and little substance
When you open the website, the most prominent thing on the homepage is the introduction video. At first glance, it seems to have all the necessary information. A website’s credibility is built through materials that are written down and referable immediately. This is something that Passive Income Bot lacks. Aside from the video, the only other thing on the homepage is the registration bar. We tried to find more substance of use. Sadly, we found ourselves empty-handed. All the other Passive Income Bot pages have a lot of technical noise. Nothing of substance, but just filler. No one wants to read it and there is no real information about the scheme itself. Having explored every corner of this offer, we found nothing that could build faith. There were no certifications, no affiliations, and no quantifiable proof. This crappy scam says a lot, but offers nothing.
Useless page links
The only thing that the website had apart from a YouTube video and registration bar was the links at the end of the page. We decided to see what material the website had offered to its users in those headings and what came up was only a confirmation of our suspicions. All the pages except for “Partnerships” seemed to open the same page with the title “LEGAL”. The Legal Disclaimer page provided no useful information whatsoever.
We were hoping to find affiliations when we opened the “Partnerships” page but found something entirely different. The page was actually a registration page for people who may want to be a part of this company. It is a joint venture link of some sort. Making an attempt to actually lure in people with big money is certainly a very brazen move. Very few scamming websites dare to do, but Passive Income Bot is bold. Obviously, this didn’t seem to be a problem for this particular website.
Lack of evidence for profitability
When developers claim to have a software that makes you money for free, people tend to be skeptical. Support such a claim requires hard evidence. This is something that a lot of scamming websites try to pull off, but fall short. Passive Income Bot fails as well. There is absolutely no data regarding the software’s current achievements, but this is expected. Such an amazing offer is fictitious. Too good to be true for sure. If you ever find such a lure being used by a trading website, we guarantee that the data will be false. Having said that, it is easy to point out that providing almost zero quantifiable data is a very rookie mistake when making such claims.
A well-executed software that fools easily
With so many scam websites out there, it is extremely important for traders to tread carefully when choosing trading software. The first step for them would be to avoid using Passive Income Bot if they want to see their money stay with them. We also request the relevant authorities to take the necessary steps to properly regulate this website and other scams like this.
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