OK, we’ve had enough, we have to uncover the truth behind the BinaryOptionsWatchDog.com web site. It is a bunch of scammers led by Michael Freeman.
Freeman is popular in the binary options community because of his video channel on YouTube, but he has gone too far, he is endorsing scams, and he even may be orchestrating some of these scams.
The Binary Options Watch Dog web site is supposed to uncover binary options scams, which it does in some cases, but when you can make money supporting a scam, they just do it. In other words, if a scam has an affiliate program and Freeman can earn commissions, he writes a fake review and gives his recommendation to this scam.
How do we know that? You just have to look at the links they provide, when they link to a scam, the use an affiliate link via the Clicksure network, for example 82940.virtnext.cpa.clicksure.com. So if somebody joins the scam through their link, they will get paid. This why they endorse scams, they make money on them.
The most obvious example is the newest scam called Virtnext. Not only Binary Options Watch Dog is recommending this obvious scam, but they also faked proofs to make it look legit. Because they say that there is a real person behind Virtnext – the billionaire Vincent Bollore – and they show a screenshot of the Fortune web site with an article about Virtnext and Bollore.
This is a 100 % proof that BinaryOptionsWatchDog.com is actively supporting binary options scams. And there is more, because somebody posted his welcome e-mail from Virtnext, and it was signed by Michael Freeman himself! So he probably is the person directly behind this scam.
We can see that there are a lot of fake binary options reviews web sites that were built only to support scams and make them look legit.
Some of them are probably in a network with Binary Options Watch Dog, like Objective Binary Options a Binary Options Spot, because they all are supporting Virtnext with their logos and fake reviews.
It is incredibly sad what is happening in the binary options industry right now. For 1 honest web site there are 99 scammer’s web sites that are recommending scams.
The safest is really not to trust any binary options automated trading system or strategy that is offered in a way that you have to open an account with a broker, deposit money and immediately trade the system. Do not trust anyone who wants you to this. Trade only with regulated brokers, the best is to trade your own strategy manually.
When somebody claims that a system or strategy is free, do not trust them, unless they let you try it for free without depositing money.
And do not rely on reviews published on the Internet by scammers like Binary Options Watch Dog, Objective Binary Options or Binary Options Spot. The vast majority of review sites are unfortunately fake and dishonest.
“Binary Options Spot” and “Objective Binary Options” web sites supporting Virtnext and Michael Freeman.