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Home » Reviews » Negative Reviews » Is Insured Profits A Scam Or A Legit Way To Make Money Online?

Is Insured Profits A Scam Or A Legit Way To Make Money Online?

January 3, 2015 //  by John

insured-profits-scam-reviewName: Insured Profits

Owner: “Dave”

Website: www.insuredprofits.com

Price: “Free”

Overall Rating: SCAM!

 

Insured Profits Review


I just can’t stand all the “positive reviews” out there of scams like this. If you have come across anyone trying to promote this, just know that they are trying to make money by selling this to you.

Just like every single binary options trading software out there, this one is no different. Get $20 when you win and lose $2 when you lose. Sound too good to be true? Absolutely!

 

So What is Insured Profits?


This is nothing but a binary options trading “hub”, is what I like to call these scams. They claim to have this software that can make you win, but it is nothing but a way to get you to invest through these brokers.

There is other things that you need to understand about these binary options trading scams before you get too curious and start throwing money away.

 

Does it Work


Like I said, there are many other scams like this and this one is no different. It is nothing more than a 50/50 gamble and you are not guaranteed anything.

I have seen some people get lucky and actually win some, but nothing too crazy. I have yet to see someone win as much as these programs claim to make you win.

You will not get your money back if you lose, and you are definitely not getting anything close to winning more than losing. If you do win, it’s just like any other gamble out there, which is nothing more than a flip of a coin.

 

How it Works


When you signup with Insured Profits, they will be directing you to several “recommended” brokers. This is the part where they also make their money.

It usually starts off at $250 and the owners of Insured Profits will be getting a cut from these brokers, which you can actually signup with, even if you don’t use this “software”.

Once you make a deposit through these brokers, the owners of Insured Profits will get their cut. To me, this is a pretty crafty idea, but of course will only benefit Dave and the gang.

 

Hollywood at its Finest


Did you really think their intro video was real? I can promise you that this little actor here, who goes by the name “Dave” is not legit.

I have seen this same dude in another binary options scam, and he uses the same video to promote that scam.

Others use fake testimonials and hired people from Fiverr.com and other sites of its kind to have people create fake testimonials for them. I think I can only give them credit for creating a cheesy video, but none for trying to take your money.

 

Complaints


There are complaints of people not getting a refund, but you should know what you’re getting yourself into before you start, so you can know exactly what to expect.

People are also blabbing about how the website isn’t fully functional and sometimes they can’t even get to their money.

Another problem that seems to follow these scams is of course people not winning. A nice majority of its members are not making as much as they were told and most are actually losing.

 

Final Product Overview


Name: Insured Profits

scamOwner: “Dave”

Website: www.insuredprofits.com

Real Price: $200

Final Verdict: Scam!

 

Stay Away From the Insured Profits Scam!


There are a lot of you trying to make money online and it is always these types of scams that will be promoted like it’s the best thing since sliced cheese.

Like I always say, stick to the good ole rule. “If it seems too good to be true, then it most likely is”. This will help you with future scams, and it will also make you pick your jaw back up the next time you think you’re going to become some type of overnight millionaire.

 

What Now?


If you do want to make money online, it is going to take some hard work and determination just like anything else. I was once in your shoes, and I have done my share of dumping money into other people’s bank accounts.

There aren’t many legit programs out there, but this is one that I know works and I know you will absolutely love it! Click here to see my #1 recommendation.

If you have any experience with the Insured Profits scam, I would appreciate it if you left a comment below, to let people know exactly what this scam is all about. Cheers!

 

– John

A Work at Home Jobs

 

Category: Negative Reviews, Reviews

About John

Hey everyone, I'm John and I am the owner of this site. I have fallen for many scams, played the recruiting game, and lost thousands of dollars before finding something that actually works. With this site, I hope to save you time and money as there are too many gurus that care about nothing more than filling their pockets with YOUR hard earned money.

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