Binary Trading Software Scams

AtlBo

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Ran across this on the BBC site while looking into investment scams:

Work At Home Special Report!

I was quite thrown to see this on the BBC site, so I began investigating. What I found was a great deal of software being touted as investment software. The concept is called "binary trading", and I was able to find a few examples of the software on the internet.

This idea and this one software appears too good to be true (in the video), of course, but what has me astonished is that I cannot find a single verification of a complaint of fraud claim against the product or the software. I have seen evidence from competitors with similar products or sites that the software is not legit, but not once have any of them included a report detailing their use of the software or actually have reported that they tried the software.

This is complicated by the fact that there are a decent amount of posts at the bottom of the BBC page featuring individuals each detailing how the software has worked for them. Looking at the post times, it's clear that all the posts were posted at near the same time and all within the last few hours of each other. So these are all showing up at almost the same time to make the same claim after using the software for days or months? This is a red flag for sure.

Now take a look at this:

Jarvis Formula System Scam or Legit? THE TRUTH

Here is a blog entry from what appears to be a legitimate blog site here in the U.S. based out of the state of Colorado. There are various claims and then I noticed a link near the top of the page to the blog of the poster. I decided to follow the link:

Blogs

Here we see various blog posts mixed in with many many similar types of claims of instant success with binary trading. So I am asking myself, what is going on here? This has made it to a blog site for Coloradoans? Where isn't this seeping into the internet if this is the case? Well, I did read some rumors from other "binary traders" that the one I first found was potentially linked to Russia and who knows who and so on. Yet still not one testimony that the software does not work as stated.

Seriously, what is going on here? I tested the links on Virus Total and visited the Better Business Bureau site, hoping to learn more. VT rates all the sites clean and the BBB has not even one mention of the Jarvis Formula or anything like it being a scam.

I am surprised I stumbled onto this without having heard about it before. Does anyone know what's going on? I recommend watching the promo video for anyone who feels secure enough to actually follow the BBC link to the Jarvis Formula site. Apologies if any of the links don't work (I didn't link the Jarvis Formula site). I did find that access to one page had been removed for my PC after visiting it at the mycoloradogazette.com site. It was similar to the second link above, so I used it instead. The sites might not work from a web site link, I don't know.

Why do I feel like I am watching the world's fastest ever spreading begin to spin up?

EDIT: The link to the BBC no longer works (?). I don't know what to make of that. I was going to recommend on second thought against clicking the link to the video in the page. I haven't seen any unusual processes attempting to run after I watched the video. I probably shouldn't have watched it in retrospect, but I admit I was stunned to search and find nothing negative from a credible source about the company or the software and had no idea of the nature of the claims to speak of. Also, I hold the BBC in somewhat of esteem as what should be a credible source. I would hate to find out I was wrong about this.
 
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AtlBo

Level 28
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Dec 29, 2014
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Update: the BBC article is wiped from the face of the earth. I had hoped to get a screenshot of the cached version from the Google search that led me there, but it is nowhere to be found.
 
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