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Scam Warning – Leaked Profits Review! Stay Away!

January 21, 2017 By Todd Foster Leave a Comment

This Leaked Profits review is all about the Leaked Profits software by Frank Bishop. Let us inform you straight that it is a SCAM. The software is built to lose your money in quick time. All the claims made in the video revolving around the profits that this software can generate are hypothetical, no less. The scammers keep on producing such projects by recycling old scam campaigns. Only the cover of the book changes while the contents remain the same and every page translates to just one word, fraud. In this review, you’d find how the Leaked Profits System is a nasty scam and why you must keep clear of it.

leaked profits scam

The Leaked Profits Software – A scam unfolding!

The whole campaign promoting the Leaked Profits software depends on generating hype around its creator and the profits that his creation, the software, is capable of accruing. Frank Bishop who has allegedly been called the ‘Lion of the Wall Street’ is a long time stock-trader and online entrepreneur, we are told. The software is said to work by depending on high-speed compute resources which work in congruence with the broker systems. Utilizing the technologies custom built for High-Frequency Trading, the Leaked Profits system is capable of placing trades on profitable assets which are ‘guaranteed’ to win! The software guarantees $1,250 per day as profits while a section in their website’s disclaimer clearly mentions that trading profits or losses cannot be guaranteed. So, there is certainly fishy about this software and facts have been ‘draped’ to suit the eyes and ears.

How much can the Leaked Profits software earn for you?

We believe that any binary options trading software, however inferior it may be in its underlying algorithm and earning ‘prowess’ would earn better than any software which is rigged to lose money. Binary Options trading is an attractive venture for those who take profits and losses in their strides and have the ‘backing’ to face any outcome.

Talking about the Leaked Profits software, an unrealistic figure of 97.2 is cited as the win percentage. Have you ever seen anyone legitimately achieving such a win rate? Even if your answer is a yes, then it certainly can’t be maintained for a long period or in other words, it can’t be consistent. There are claims of making $6,000 in a week. On a monthly scale, profits ranging between $24,500 and $32,800 have been stated as guaranteed. We do not believe that such incomes are feasible and that too in all cases.

How does it work?

The Leaked Profits software is said to utilize a ‘leakage’ which was noticed by one of the analysts working for Frank. The ‘leakage’ is further elaborated as an opportunity where the price of an asset varies from 10 to 25 points or Pips. This ‘opportunity’ lasts only for a very small time interval, a few milliseconds, so is of no use for the manual traders. The fluctuations in the prices are allegedly caused by the ‘current unstable economy’ Frank explains.

To tap on the so-called leakages in the financial markets, the software uses its high-frequency trading algorithms and also the MD5 hash sequence, able to find the most profitable trades in the market. The trading ought to be on auto-pilot as speed is crucial and time is a constraint. The software trades only when those perfect opportunities arrive. Out of the over 11,000 trading assets, the software chooses only about 0.2% trades as suitable for trading.

Also check Vena System & Passive Income Bot reviews.

Who is Frank Bishop?

Frank who allegedly has spent over two decades on the Wall Street, is a Bestselling author, we are told. The voice artist in the video introduces him as if he is akin to James Bond. His holding a Masters degree in Economics has been mentioned as if it is a rare thing to achieve. He owns a hedge Fund and just to join it requires a minimum three hundred thousand dollars. His net worth has been stated to be over $240 million!

We are also introduced to the fact that Frank has authored a book, ‘Happy Lucky & Rich’. We did not find any book to have been written by that name by a Frank Bishop when we searched the internet. Another lie that we caught was regarding the CNBC website to have prominently featured his article on the US economy. Our investigation again showed that it was a lie among others.

It’s needless to mention that the Frank that you see in the video is someone else and absolutely not a multi-millionaire.

How many ‘Spots’ are available and what’s the criteria?

The scammers come up with their schemes and ‘once in a lifetime offers’ to attract people. To yield a positive effect on the global economy, Frank is giving away the software for Free but for a one month trial basis. We are that there are thousands of ‘apprentice’ already using the software since the 3.5 years when the software has been under development. To make ends meet and compensate for the operating costs of thousands of apprentices; the software’s retail price has been set at $499.

In his quest of stabilizing the world economy, however far fetched the idea may be; he wants to distribute the software so that people generate profits. We are told that out of the planned initial number of 500 invitees, less than 50 spots remain. The retail cost of the license which is around $499 for a monthly subscription has been waived off.

There are just no criteria for selection, and anyone with zero to low experience level can easily use the ‘simple’ software. All that the scammers care for is your money, and as long as a one has it, they would allow even a toddler to use their software and promise profits! The new traders have been falsely claimed to be making over $45K in the free trial period.

Fake Testimonials and Illustrations

fake testimonials

The people appearing in the video are paid actors, and we have proofs for it. The scammers hire actors for speaking favorably of their software in their videos in return for money. Such actors are readily available on websites like Fiverr.com.

The scammers seem to have gone out of stock with their presentations slides. We noticed instances where Physics formulae and concepts have been depicted in the video, purposefully to lend an illusion of the complexity of the software. For the less informed, such illustrations may seem too much to interpret, and the scammers’ motive of fooling them with fake sophistication may succeed. Moreover, the software is just another venture of the scammers behind the Hexa Trader scam; we have come to know from reliable research.

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Conclusion

We recommend that you let this ‘leakage’ wash down the drain and urge you to ‘plug’ this scam software instead. The Leaked Profits software is a scam and we urge you not to let the scammers benefit by being one of their ‘apprentices’.

Related

Summary
Reviewer
Sofy Raymond
Review Date
2017-01-21
Reviewed Item
Leaked Profits
Author Rating
11stargraygraygraygray

About Todd Foster

I am a nature lover who wants to visit every part of this world. I was totally fed up with all these scams which were occurring in binary trades. So, I decided to come up with a blog to provide real information about these programs to people.

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