ForexAutoMoney SCAM WARNING!!

SCAM WARNING:

Just so everyone knows, I checked out the website [spoiler:2230fbrn]F0rex@ut0m0ney-c0m[/spoiler:2230fbrn] . It is definitely a SCAM. This is the chat that I had with them while trying to decide if they were a SCAM.

Fiona: Hello! Welcome to F0rex

Aut0m0ney. Are you an existing

member or thinking about signing up

for a membership?

you: Hi , I submitted info request.

This is the response that i

received.

you: Please come to

[spoiler:2230fbrn][email protected][/spoiler:2230fbrn] and chat

with us to know answers of all of

your questions instantly and we may

also have some discounts for you.

you: These are my questions: On

your site it says the signals made

$400,000,000 trading profit last

year. What does that mean? Please

send me the last weeks intraday

signals. If I take all intraday

signals what is the Net Per Trade

(averaging wins and losses

together)? Is the win rate 70%? Is

the Profit Target always Bigger

than the Stop Loss? What is the

average adverse excursion(means how

much does the average trade go

against you...before turning around

for profit)? When you say 70% win

rate, does that mean 70% of the

time it went "ALL the way" to the

Profit Target, or just went

positive at some point? Do you

still offer the 1/2 off deal of $50

per month?

Fiona: please ask one question at a

time

you: On your site it says the

signals made $400,000,000 trading

profit last year. What does that

mean?

Fiona: profit the total earning is

46,205 .20

Fiona: Be realistic.

Fiona: here did you get those

figure

you: On your website.

[spoiler:2230fbrn][email protected][/spoiler:2230fbrn]

Fiona: Please check it again

Fiona: it is $46, 205 not

$400,000,000

you: I am looking at it right now.

It says "Use the system which made

$400,000,000 Trading Profit last

year."

Fiona: that is Forex market

you: 46,205.20 is what it says was

10 days profit.

Fiona: The Foreign Exchange market,

also referred to as the "Forex" is

the largest financial market in the

world, with a volume of about $2

trillion a day. It also trade 24

hours/day.

Fiona: yes, it is

you: I know that, but your website

is claiming that the system made

400 Million Dollars last year. Are

you saying that is not correct?

Fiona: $400 million of trading

profit in 2008 is a great summary

of what we do.

Fiona: it was total earning of all

the member

Fiona: remember we have over a

million member

you: Then each member only averaged

$400 dollars for the whole year.

That could not be true.

you: Nobody would pay $1200 for the

year to only make $400 for the

year.

Fiona: yes

you: Yes, people would pay $1200 to

make $400. To quote you...be

realistic.

Fiona: ok

Fiona: Is there anything else I may

help you with today?

you: No, because I am looking for

an honest company to do business

with. Since you LIE....your

company must be a SCAM. I will

look elsewhere. Thank You for

talking me out of using your

service. Bye.

Be Forewarned. Do not waste your time or your money with this service. Since they do not answer simple questions honestly I would not trust them or their signals.

Thanks,

Bob

Re: ForexAutoMoney SCAM WARNING!!

i wonder why are they still doing so well, look at the google ads they are paying . they must have earn tonnes from scamming and yet no one can stop them. they are a faceless scam / con artist that prey on the those needy people of course greedy people too. but imagine you are in a bad financial shape and you see an ad like this who will not easily be taken in?

Re: ForexAutoMoney SCAM WARNING!!

I would be willing to bet that they do not have any repeat customers. People probably get suckered in for the 1st month $100 + $5 for trial, then leave them. The SCAM on the trial is they tell you that they give you either a 3 day or 5 day trial. If you do not cancel at least 24 hours before end of trial, then you automatically re-up for the month.

Bob

Re: ForexAutoMoney SCAM WARNING!!

The scams artists or better said "snake oil vendors" are everywhere. I have some really good experiences with these kinds. Day in , Day out so many people come and want to become the next Soros and would not stop at anything to do it .