In our review, you will learn all the details about the Infinity App scam of Mark Stevenson and see how to protect yourself in order not to get scammed.
What Infinity App is about
Mark Stevenson says he is a former NASA engineer, which gives him a solid background for creating reliable things. At least that is what he wants you to think.
He created a trading software for financial markets called The Infinity App System. This system will trade automatically for you, which means that you don’t have to understand the market in order to be able to use it.
Stevenson says he is looking for beta testers for his Infinity App software so that he can verify it is working properly and that it is profitable.
Although he claims to already be sure that it is working properly, and he promises that you will make thousands of dollars per day with his system since day one.
Perhaps the strangest thing about this program is that it doesn’t cost anything. You can get access to it for free. All you have to do is to register. It looks very simple.
How to register for the Infinity App
The registration process for the Infinity App is quite simple. You will provide your name, email and phone number.
An account will be created for you. You will be able to log into your account using your name and password and start using the system.
What you are supposed to expect
Stevenson wants you to believe that right after you start using his Infinity App System you will start earning money in a passive way.
You will just switch on the software and wait for thousands of dollars to come in every day. So, you are supposed to expect a residual passive income that will cost you nothing to start.
Is the Infinity App scam or legit?
Unfortunately, The Infinity App System is a total scam. Not only it won’t deliver on its promises, which means that it won’t make you any money, but it will also be even worse, it will lose your money!
The Infinity App scam
We won’t just claim that the Infinity App is fraudulent, we will also prove it. This way you will be one hundred percent sure that you have to avoid this program in order not to lose money.
Mark Stevenson is a scammer
Stevenson is a fictitious character played by an actor. There is no NASA engineer of this name who trades binary options.
The actor who plays Stevenson’s role is a well-known scammer who played also in the Trianasoft and Amissio Formula scams. Back then he used the name David Campbell. You will find the proof on the following picture.
Infinity App trading results
In the Infinity App video, Stevenson shows some alleged trading results of his system. But they are all fake.
Look at the picture, on the left you will see that the account statement is totally fake. The dates of trades are from 2017, but expiries show 2016. So, the statement has been clearly edited.
All the people you can see in the Infinity App video are paid actors, all the testimonials are fake.
You just cannot open a binary options trading account, deposit and withdraw, all within the same day. You have to go through identity verification, so it takes more time.
We have heard from many real users of this system and they all confirmed to us that they lost money with it. In other words, real testimonials confirm that it is a scam that cannot do anything good for you.
Trading software test
And last but not least, the software offered by Stevenson is a well-known app made by scammers. Look at the picture to see examples of other scams using this same app, like Step2Wealth, Hexa Trader or Cognitrader. See for yourself.
One thing you always have to look at when reviewing a trading or financial software is if it is legitimate and if it is law-abiding so that you know that you will have at least some protection.
Unfortunately, the Infinity App doesn’t check this box, it is an illegal service.
Investment and financial services are regulated in some way in every country in the world. Most countries are very strict about what these services must and can do.
Since the Infinity App system is made to trade financial markets on your behalf, it clearly is an investment service. It means that it has to have an authorization from financial regulators in order to be legal.
But it has no authorization whatsoever, it is not regulated, it is illegal, which is another big red flag.
How the fraud works
This fraud was designed in a very simple way. These scammers want your money. How dot they get it, how do they manage to persuade you that you should send them your money?
Enter the Infinity App System – a fairy tale about how a free system will make you tons of money on autopilot!
Here is the catch: When you sign up for this program, you will immediately be forwarded to an unregulated and shady broker, they will ask you to deposit your own money. As you can see, the program is not free.
They will tell you that they won’t let you start using the program until you deposit money with a broker of their choice. And this is it, if you send them your money, it will be over, it will be extremely hard to get it back.
The broker will use all sorts of tricks and lies to explain why you cannot withdraw anything and why you should deposit even more money. But they will never earn you anything, they will keep all the money you send them and pretend it was lost in trading.
They have no real trading system, no real trading strategy, heck, even the broker will not be legit. All was set up just to collect money from people and keep it.
How to protect yourself against the Infinity App
In order to stay safe, there are two important things you should do when it comes to this program.
1. Don’t send them money
There is a very simple rule, if you don’t send your money to these fraudsters, the Infinity App won’t be able to scam you and you won’t lose anything. So, don’t send them anything, don’t give them your credit card number, don’t give them remote access to your computer. They just mustn’t get access to your money.
2. Don’t reveal your identity
Your personal data are as important as your money. So, don’t even sign up for Infinity App, don’t give them any of your personal information like your name, address, e-mail or phone number. This way you will ensure that your identity is not abused by these crooks.
|Beware, if you see any positive reviews of the Infinity App system, they are fake. Scammers publish their own reviews of their fraudulent programs and they also have cooperating websites that will publish fake articles and promote their scams for money!|
Got scammed by The Infinity App, what to do?
If you got scammed by the Infinity App, first of all, let us say that we are very sorry for what happened. You obviously discovered our review a little bit late. But there still might be a chance to recover your money.
- Start by finding out how and where did you send your money. It means remembering what method you used to deposit money (credit card, e-wallet, bank wire) and who was the recipient (probably a broker). Because as we explained earlier, these scams cooperate with different brokers, they don’t get your money directly.
- Contact the broker who you sent your money to and ask for a withdrawal of your deposit. If the broker refuses, say you will do a chargeback on the deposit transaction and that you will report everything to authorities. If it doesn’t help, proceed to the next step.
- Try to chargeback your transactions. Contact the payment processor who facilitated the transaction. It can be the issuer of your credit/debit card (typically your bank), support of your e-wallet (PayPal, Skrill, etc.) or any other company that your payment went through. Explain to them that you got scammed and ask them to reverse the deposit transaction.
- If you made your deposit with a bank wire, it is the worst-case scenario, because these transactions are very hard to reverse. You can always ask your bank for help. But most likely you will have to report to authorities in your country. First, contact your national financial regulator and ask for advice.
How to delete the Infinity App account
Money is one thing, but it as we already mentioned earlier, personal data is also very important. Therefore, you should contact the Infinity App support and ask them to delete your account and do the same with the broker you sent your money to.
If your request(s) fail, you should ask yourself what personal information you revealed to these fraudsters and what are the risks. This is a question you will have to answer yourself.
If they have only your name, e-mail address, and phone number, it is not good, but probably the worst thing you can expect is to get unsolicited e-mails and calls from them.
If you sent them copies of ID card and/or passport, if you gave them your credit card details, maybe you should consider getting new documents, blocking your card and get a new one. We cannot assess the risks for you, you have to do it and take the necessary steps.
How to protect yourself against similar scams
There are thousands of scams like The Infinity App system and they all operate in the same way. They always promise easy and free money for doing nothing, which in itself is of course totally absurd.
How to spot a scam
There is this old but true saying: If it is too good to be true, it probably is. This very much applies to investment programs.
If any program:
- Promises you great earnings quickly
- Says you have nothing to do or learn
- Claims there are no risks
- In the end ask you to deposit your money first
Then you can be sure it is a scam. Money is not and cannot be free. Use common sense and stay safe. If a program promises something that would mean that nobody has to work, you know that it is not possible. The SEC provides more detailed information.
Remember that if you don’t send any money and if you don’t give them your payment card details, you cannot lose money. It is as simple as that. So, always think twice before sending money to an investment program.
The Infinity App review conclusion
We have proved that the Infinity App system is a horrible scam that was designed to get your money and keep it. It cannot earn you anything, it can only cause you losses. Stay away from it!
If you are interested in legitimate trading and want to try to make money in it, start with a free demo account with a regulated broker and see how it really works.
Test everything risk-free with virtual money and see if you manage to build a profitable strategy. Before potentially investing real money, you have to understand the risks.
|Since there are many fake reviews out there, PLEASE consider sharing our article on social media to help warn as many people as possible about this scam and save their money.|