Is the millionaire society a scam?

A term like ‘Society of Millionaires’ would catch anybody’s attention. So when this ‘society’ showed up on the internet with an open invitation to their club, I was intrigued to know more about them purely for selfish reasons i.e. more cash in my pocket (for my popcorn obsession) is always a good thing. Is the millionaire society a scam? I’ve got all the details below…

A good method to excel in a whatever profession is to learn from the best i.e. finding a mentor and following in their footsteps. Whether it’s learning to be a stock trader or becoming a mechanic, you will need some guidance at the beginning of your profession. Makes sense right?   

There’s obviously other ways to learn and grow your ideas, but building knowledge and skills by learning from someone already successful gives you a better chance at making it.

The “successful mentor” behind Society of Millionaires regards himself as a master trader and has apparently acquired a fortune during the process. To the untrained newbie this would sound like the perfect opportunity to follow in the footsteps of someone else’s success….

My popcorn is ready, let’s get into the review.


millionaires-society-review

Product Review of Society of Millionaires

Name: Society of Millionaires 
Cost: $250 Minimum Deposit
Owner/s: Brad Marshall
Rating: 1/10 ★☆☆☆☆☆☆☆☆☆


The Sales Pitch

If you had your hopes set high, I hate to burst your bubbles. Society Of Millionaires is not an early retirement plan, it will not make you millions. The program is a binary options scam under the guise of a club for the wealthy. The only person getting rich is the owner, pocketing your cash of course.  

As with most of the scams that I’ve reviewed I noticed a few methods used by the site to gain your confidence and hurry you along to the payment page:

  1. A fake countdown to make you feel as though the spaces are limited.
  2. A fake number of page viewers to create artificial demand.
  3. A fake amount of the money being generated by the club’s members within the last hour. 

Don’t buy into the hype- the above figures are fake random numbers created by a programming script. If you were to refresh the web page, the numbers would simply reset and start again.

The Society Of Millionaire’s main recruitment technique is through their unscrupulous sales video which begins with a few short testimonials from its members, but further investigation reveals that these people are paid actors with false names and claiming to have made millions. The actors enforce this claim to wealth further by showing you fake bank accounts.

society-of-millionaires

society- of-millionaires

The video then tries to convince you that the program won’t cost you a penny which is in fact true; you are not required to pay for the binary trading software but there is a cost involved to start using the system. The person behind Society Of Millionaire is using it as disguise for a basic binary options signals system which is provided by binary options brokers.

The scam here is for the owner to convince you to pay a deposit to the broker so they can receive a big commission.

As you watch more of the video it emphasises why you need Society Of Millionaires by showing the privileges of being financial independent and how it frees up your time to be with your loved ones. Although the latter bit is where we all aspire to be, this program won’t get us there. 

Our storyteller mentions how he used to drive around in a old Toyota but now travels to amazing destinations, pays for children to be privately educated and owns an expensive yacht. 

society-of-millionaires-yacht

You are a picture of an expensive yacht which is no doubt a random image found online. 

The sales pitch is designed to make you want to be a part of the wealthy members and not have the daily financial stresses but instead own a big yacht and go on endless holidays. Who wouldn’t want that? 

This tactic is the main selling point of 99.9% of scammers i.e. they want greed to get the best of you especially anybody that already has financial worries.

It’s a very easy trap to fall into, one that I know all too well. Thankfully I found a business solution that helped me avoid scams and start making a steady stream of income online.

The issue with Society of Millionaires is that it promises to make you wealthy beyond anything you could imagine in the hopes that you part with your money (deposit) whilst distracted by the wealth claims. Put this together with a Binary Options trading system and your chances of failure skyrocket.  

The video then goes back to the narrator who explains how he attempted to make money online but failed until he got his hands on this system. We are told that the system is ‘different’ to everything else. Ummm, I wonder where I’ve heard that before?

society-of-millionaires-scam

The final blow, or should I say ‘obvious sign’, is that the narrator is invited to the Society of Millionaires by Ralph Klein. The letter shows the signature of a Ralph Klein which is found on Wikimedia Commons. Ralph Klein passed away in March 2013. It’s shameful that these scammers are using a dead person’s identity to do their dirty work. 

ralph-klein-signature

Pros:

  • None that I could find.

Cons:

  • Fake stats on its website that reset when you refresh the page.
  • A standard Binary Options scam in the guise of a wealthy millionaires club. yeah right!
  • It uses a dead man’s identity to promote its system.

My Conclusion

Society of Millionaires is just like the rest of the fake systems floating around online. It has been created by a dishonest marketer with the sole intention of getting you to pay a deposit of $250+ that you will never see again. In the process, the marketer receives a hefty commission.

This fake system is a toxic risk and has no guarantees that you will make any money from it. If you’d like to learn a much better way to build a real online business, read my top recommendation here.

Have you used a Binary Options trading system? Are you considering using one? Please leave your comments below and I’d be happy to discuss. Thanks for reading.Thinking-of-starting-an-online-business-but-tired-of-scams-?

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