If you’ve seen either an advert or a “news editorial” about money saving expert Martin Lewis investing in a system that can make you lots of money, then beware. A scam is afoot.
In the world of cyberspace, just because someone says something is true, it doesn’t mean that it is. And just because we see a headline on some random website, it doesn’t mean the headline is telling the truth. Headlines like the one below, for example…
Money Saving Expert Martin Lewis Invests £500,000 In To Wealth-Creation System (Quit your job in 30 days!)
Psst… it’s all a scam.
But if you think Martin Lewis really has invested in a scheme that can make you money, then think again. It’s really just a scam designed to lure you into a popular type of get-rich-quick scam involving Binary Options Trading.
The headlines are fake. Martin Lewis has not invested in anything like this. The same schemes also falsely claim that other well-known businessmen – including Richard Branson and Bill Gates – have also invested in a new money making scheme.
When you read the faux-article you are then urge to click a link to “try the system out for yourself”. Those links simply lure users to any number of get-rich-quick scams involving Binary Options. These include well know schemes like The Orion Code, Cloud Trader and The Brit Method.
Such schemes claim to have the secrets to getting rich with Binary Options Trading. In reality they’re just attempting to trick victims into signing up with various Binary Options brokers and making a deposit, at which time the get-rich-quick scammers will get paid a commission for signing people up.
Those who do sign up aren’t likely to make money. It is far more likely that they will lose their deposit and lose money. We discuss get-rich-quick scams that use Binary Options in more detail here.