In this review we are going to have a look at a new binary options scam called “Push Money App”. It is presented by Dennis Moreland and Mike Callahan.
Moreland and Callahan claim to be owners of the Push Money Company that created a binary options trading app that can make you a lot of money, up to $1,000 per hour. They don’t tell you how, but Moreland says that he will pay you $1,000 dollar at the end of the presentation if the app does not fulfil his promises.
And the usual miracle is here too, you can get a free lifetime licence for the Push Money App. But this whole story is unfortunately a big lie, we are dealing here with the typical scam scheme.
The Push Money App
When watching the video, you can see some signs and finally even proofs that it is a fake story made with paid actors. Nothing real here. For example look at Moreland and his wife when they are driving their car, it has no licence plates, which of course is illegal on public roads. So they are hiding something.
But to cut a long story short, let’s focus on the meeting they set up with new users of the Push Money App. There is a group of people that is starting to use the software to make money. The most tangible proof that it has all been faked is in the dates. The meeting supposedly took place February 15, but when testers show their screens with their earning, the date is July 29.
And one more proof that it is not real. Testers show their screens one after another, but the time on their screens remains the same to the second! So one hundred percent fake testimonials.
The last unreal thing is that Moreland and Callahan say to testers that they funded their Push Money App accounts in advance, but it is only later that they make them open their accounts. So how could they fund accounts that did not exist?
Push Money Company and false promises
We also investigated about the Push Money Company. Not only we haven’t found anything about a company of this name, but the interesting is that on the Push Money App web site there is another name: Canuck Method Software.
And the Canuck Method is another well known binary options scam. So let’s sum it up, a non existent company made up by scammers is promising you money. Moreland says at the beginning of the video that he’ll write your name on the $1,000 check, but did it happen? Of course not!
By the way, read their Earnings Disclaimer, you’ll see that there are no guarantees whatsoever.
In reality Moreland and Callahan are affiliated with binary options brokers and will get paid for every new person that opens an account and deposit money with them. This is why they also say that the more you deposit, the more money you can make. In reality this will increase their commission.
So you will never see a single cent from them, in fact when you sign up, the first thing they’ll ask you to do is to deposit at least $250. Otherwise you won’t get access to the Push Money App. And if you then trade with their app, you will lose your deposit. End of sad story.
The Push Money App is a typical binary options scam. They promise you free money, but they ask you to deposit and trade your money, which you will lose, if you follow them.
Binary options trading works differently. You can make money in binary trading, but always start on a free demo and build a profitable strategy first, only then you can go live.