Thread: mybinaryprofits.com / Steve Lawson ...Ken Russo says this is real.....

Originally Posted by SteveLawson

Who said anything about managing money?

So you aren't managing 60 binary accounts 30 long and 30 short where the profits are generously shared with participants in Mybinaryprofit? Cause on account of that's what you pretended to tell Ken, or Ken pretended to tell us.

Originally Posted by SteveLawson

I guess there is some kind of confusion.

Only confusion is how all the serial Ponzi promoters got wind of this and signed up right under your attorney's noses?

Originally Posted by SteveLawson

let me simplify it. the site is a rev share site, plain and ******* simple.

With "revenue" only being shared after people pay first. Why if this piggy is tossing off all that cash is there such a heavy focus on recruiting fresh money?

Let me simplify it. Ponzi/Pyramid Hybrid.

Originally Posted by SteveLawson

I can not fathom what a majority of you on this site does not ******* comprehend. I swear, all of you are morons.

I don't believe your name is Steve Lawson (will refer to you henceforth as Roman Novak), don't believe you ever worked for Bear Stearns, certainly didn't buy your RGLD option story, and doubt this charade will be around come XMAS.
Can't fathom you have serial Ponzi Pimps marketing this mutt on nothing but serial Ponzi Boards and are shocked how any of this could be considered scammy.

Originally Posted by SteveLawson

I'd like to have another site that has nothing to do with the rev share site, where people can join for free and learn how
to trade the markets to make money. This is a totally separate thing. Did I mention, that does not require any ******* license.
How many sites exist of people doing the exact same thing? Hundreds if not thousands. And still, I'm not managing anyone else money
but my own. If they see what I do and make money, they can sit at their computer and do the same ******* thing.

You should do this and get out of the Ponzi game.

Originally Posted by SteveLawson

To beacon, I appreciate your candor, I really do.

ah It is great to be appreciated isn't it? But to be candid ( given you mentioned it) flattery is about as relevant as ad hominem when it comes to actually addressing the questions you were asked by people here e.g. the details of your business or professional registration. and constantly saying "you will have them tomorrow" is not addressing it either. In fact if anything it mimics the early stages of the collapse of pyramid and ponzi schemes when people don't seem to be getting money. One usual tactic is information is always promised but never arrives. I really don't expect you to be any different but I would be happy for you top surprise me and to admit i was wrong when you actually supply the business registration details and professional registration details which you promised.

You stay behind your screen names with freedom of speech, I'll stay behind mine.

First of all you are factually wrong. about half of the usual posters here are easily identifiable. Others are easy enough to find out about. Only few decide to withhold their identity completely. But your attempts to switch the issue is beside the point. Even if ALL the posters here who are asking you to produce evidence were anonymous that does not mean the same applies to you or to anyone else who claims they operate a legit business.

Having said that, my attorney's are my own business unless otherwise called upon.

So I expect you can't even supply the identity of your legal council just like you can't supply any of the other information you were asked. You do realise you are undermining your own credibility? i mean you can't even produce the name of a law firm which if they actually do represent you could in no way discuss your private issues without violating client confidentiality. they could however confirm you are a client of theirs.

Secondly, I don't have to say anything about my past.

No you don't and frankly I'm not interested in it. Except where it related to your qualifications, track record, credibility and registration in the business you claim to be operating. Do you really expect people to invest with you when you can't supply any of this information?

The licenses I had, series 7, series 63. Those licenses are expired.

Great. Thanks for telling us that. when did they expire and with whom were they registered? Don't you think people might find it odd that you claim to have had a licence to trade and that is central to you business experience but you somehow think it is a big secret to actually reveal where you got any experience? That nobody can check out anything about your claims of your experience?

Also, you do not need to be registered in order to open up an online account at TD waterhouse, JP Morgan, Scotttrade, optionshouse... etc..etc... what planet are you on?

Nor do you need to be registered as a property dealer to open a bank account. But if you use that bank account to operate a business which buys and sells property and gives people advice on property investment then you DO need to be registered in that business.
But whether or not you need to be registered ( and you DO) is wholly separate for the fact that you were at pains to point out that you would produce such registration details. Now you seem to be making excused and doing a UTurn on the promises you made. Why should anybody in their right mind want to do business with a person who fails to live up to their promises?

There are countless thousands of traders who have their own websites where people can join, pay 100 bucks a month to learn how to trade the markets...

No there aren't! Can you list say even one thousand of them? There are also probably maybe a hundred or so third level colleges offering qualifications in finance or law. But even after that you have to become registered as a professional to practice say as an accountant or lawyer. Personally trading on markets is open to anyone. Offerering advise and investing other peoples money means you have to be registered.

Get this, not a single one of them has ever had a license or is licensed.

Get this If they are operating with other peoples money they are illegal.

What lack of information are you talking about?

Steve you seem to be having memory problems. Do you not remember saying several times you would provide the details of the registration of your current business as well as the details of where you were registered as a licenced trader?

Section 3(a)(4)(A) of the Act generally defines a "broker" broadly as

any person engaged in the business of effecting transactions in securities for the account of others.
Section 3(a)(5)(A) of the Act generally defines a "dealer" as:

any person engaged in the business of buying and selling securities for his own account, through a broker or otherwise.
SEC.gov | Compliance Guide to the Registration and Regulation of Brokers and Dealers

a firm that advertises publicly that it makes a market in securities is obviously a dealer.

Originally Posted by SteveLawson

i will prove all of you village pitchfolk carrying nay sayers wrong, and i will do so time and time again. Bring it.

Ill tell you again Steve. Claiming you will at some state in the future prove something wrong is not actually proving it wrong. And as for the pitchfork carrying nay-sayers sometimes they are doing this because a mad scientist is busy creating another monster and ranting "they thought I was mad but Ill show them"

Originally Posted by SteveLawson

I am not a scammer. Never have been, never will be. Lets agree on something, you don't say I am one, until you have proof I am one.

1. Saying you are not a scammer is not proving anything
2. We don't have to prove anything. Look up "shifting the burden" Again you will find it under "fallacy". It is for YOPU to support YOUR claims. Otherwise it is safe to assume you have no record in trading and either a fake or no business registration.

Originally Posted by SteveLawson

Littleroundman,

some in-experienced marketer from india... I found Eagleone over on this forum, so i joined to rebut..

What is it you don't understand?

I dont understand how anyone would part with their money to a person who can't keep data secure and has failed to rebut even the most basic questions asked by Eagleone ( who is not anonymous) e.g. what are the details of your business registration and where were you registered to deal in securities?

i never even heard of talk gold, guess I gotta go see whats over there now.

For someone who claims to know all about Ponzis and Pyramids you don't seem to know how and where many of the shills operate.

Originally Posted by SteveLawson

Ken is not a notorious HYIP ponzi pimp. It is not Ken's fault that he built a list of people who like to spend money in certain niches of the Internet.

I see we have a new nominee for most weapons grade stupid comment. he's not even trying at this point. just trolling.

time for:

Originally Posted by SteveLawson

You must 60's - 70's because only old wastes of life like yourself would be so ******* stupid.

I am nearer 80 than 70 "Prof". We may not be the same vintage but I am pleased that you are an Honorary Septagarian and I certainly would not regard you as an old waste of life!

Originally Posted by SteveLawson

Umm, okay Asshole... Everyone of importance has my direct contact info and knows exactly where I am.

They have a cell number............A disposable one(most likely).........

They have a gmail email addy....A disposable one....

They have the website contact.....A disposable one....

And now you offer a virtual office...A disposable one...

And the day you take down the website, dispose of the cell number, stop logging into that gmail addy and stop paying the rent on the virtual office they will have no way to contact you and you will vanish till you set up the next scam...

Steve are you sure your last name is Lawson and not Larson???.....

Reason I ask is cos each time I read your posts it keeps reminding me of this scammer....

http://www.realscam.com/f17/autosurf...-dan-lund-926/

Originally Posted by SteveLawson

I don't want regular ponzi players, my site is not geared towards those kind of folk.

When you attract the ponzi players you also attract us.....We here at RS are just part of the game YOU chose to play...
And we always win....))

Originally Posted by okosh

They have a cell number............A disposable one(most likely).........

They have a gmail email addy....A disposable one....

They have the website contact.....A disposable one....

And now you offer a virtual office...A disposable one...

And the day you take down the website, dispose of the cell number, stop logging into that gmail addy and stop paying the rent on the virtual office they will have no way to contact you and you will vanish till you set up the next scam...

Umm, I don't have a virtual office... I posted that as a ******* joke to you, because you are a stupid ****.

AND RENTING AN OFFICE SPACE WITH A REAL PHYSICAL ADDRESS WITH AN 800# MAKES ALL OF THE DIFFERENCE IN THE WORLD...

THE RENT... IS TOO DAMN HIGH! BOOYAH! :-)

(unnecessarily inflammatory sexual references removed by admin

Screenshots available if you really need to see them)

Originally Posted by okosh

When you attract the ponzi players you also attract us.....We here at RS are just part of the game YOU chose to play...
And we always win....))

For the uptenth time, I, as well as the company are not breaking any laws.
How about, you do better research before you come attacking me for no apparent reason.
Please read what is "exempt" from registration. Like I said, I already told all of you stupid XXXXXXX XXXXXXX that a Hedge Fund Manager can be Un-licensed and Un-registered.

You all are a bunch a XXXXXXX idiots.

Did I mention, I am the only site on the block that gives refunds!

XXXX me clown XXXX

UNNECESSARY PROFANITY REMOVED BY ADMIN

On the other hand, Stephanie, I do not recall there being a requirement of being 18+ years old for use of this website, so there could be minors viewing it and your sexual verbosity. Have you considered the possibility of being sued for corruption of a minor by the parents of such a user?

Originally Posted by SteveLawson

(unnecessarily inflammatory sexual references removed by admin

Screenshots available if you really need to see them)

For the record I am straight....And very picky....So thanks but no thanks to your sexual advances.....

cornered scammer rage = always funny.

Originally Posted by Whip

Sexy Steveie rage = always funny.

Whip, I must say, you are hilarious when you chime in with these little remarks.

I'm not cornered or a scammer. The confusion is this; Most of you only know some of the laws, not all of the laws.

1: Having an optional Affiliate program in the site is not illegal. People can join, and if they want to, they can market to get others to sign up to, which they will earn 10% of the sale. That is it, That is all. Not recruit, then make from what they sell, then those recruit then they make from what those people sell, and so on and so forth. It is not Multi-Level. This site does not require any kind of new money flow, not sure what it is you guys are having such a hard time understanding.

2: Certain things are exempt from registration, before you start saying things like Howey and whatever else, I strongly advise all of you to look up what is considered 'exempt' from registration before continuing to attack me for no apparent reason.

It is very embarrassing that most of you only speak about part of the laws and not all of them. Please do your research.

To beacon and Ribshaw;
I went to youtube, typed in trading stocks, Tons of instructional videos come up.
I found this one warriortrading.com they put out lots of videos and teach people how to make money trading.
Read the Disclaimer about all of them not being licensed... warriortrading.com/disclaimer

I rest my case.

All of you besides --> Ribshaw, Eagle, Beacon, Whip and The Prof...

please PH**K off. Thank You.


I Love You All! :-)

Originally Posted by SteveLawson

Whip, I must say, you are hilarious when you chime in with these little remarks.

I'm not cornered or a scammer. The confusion is this; Most of you only know some of the laws, not all of the laws.

1: Having an optional Affiliate program in the site is not illegal. People can join, and if they want to, they can market to get others to sign up to, which they will earn 10% of the sale. That is it, That is all. Not recruit, then make from what they sell, then those recruit then they make from what those people sell, and so on and so forth. It is not Multi-Level. This site does not require any kind of new money flow, not sure what it is you guys are having such a hard time understanding.

2: Certain things are exempt from registration, before you start saying things like Howey and whatever else, I strongly advise all of you to look up what is considered 'exempt' from registration before continuing to attack me for no apparent reason.

It is very embarrassing that most of you only speak about part of the laws and not all of them. Please do your research.

To beacon and Ribshaw;
I went to youtube, typed in trading stocks, Tons of instructional videos come up.
I found this one warriortrading.com they put out lots of videos ad teach people how to make money trading.
Read the Disclaimer about all of them not being licensed... warriortrading.com/disclaimer

I rest my case.

All of you besides --> Beacon, Whip, Ribshaw and Eagle...

please ***K off. Thank You.


I Love You All! :-)

Rather than the Warrior Trading forum, why not just link to the official source and read http://www.sec.gov/divisions/marketreg/bdguide.htm ?

As quoted...
You will need to register with the S E C as an investment advisor if you have 15 or more investors associated with your hedge fund. If you have less than 15, you do not have to register with the SEC.

What did you say littleroundman...

"Badda Bing, Badda Boom!"


The Badda Bing in the Soprano's was a great place. I ate lot's of fish tacos there.

Hmm.
http://www.cftc.gov/PressRoom/PressR..._binaryoptions

It's from 2 years ago, but still what it says regarding binary options seems to be unsettling.

Originally Posted by ProfHenryHiggins

Hmm. It's from 2 years ago, but still what it says regarding binary options seems to be unsettling.

You would be correct with this statement. There are countless hundreds of Binary Trading Platforms all over the UK, that are scam and frauds. They take your money and you don't get it back.
HOWEVER...

There are a select few, that are real actual companies and are registered, and are regulated by the CFTC.
Example Given;
nadex.com


Do you have anything else to say?

Originally Posted by SteveLawson

I'm not cornered or a scammer.

You would not be here arguing if you were a legitimate business person.

Originally Posted by SteveLawson

As quoted...
You will need to register with the S E C as an investment advisor if you have 15 or more investors associated with your hedge fund. If you have less than 15, you do not have to register with the SEC.

What did you say littleroundman...

"Badda Bing, Badda Boom!"


The Badda Bing in the Soprano's was a great place. I ate lot's of fish tacos there.

That would be completely relevant IF you were running a hedge fund.

Simple fact is - you're not.

You're running a fraudulent low level ponzi / pyramid scam while pretending to be a hedge fund owner / manager

Originally Posted by E2014T

You would not be here arguing if you were a legitimate business person.

Funny thing is, I am not arguing. I'm not saying you, but there are a small handful of individuals on this thread that are saying stuff that is not true,
For example, like the moron in the quoted comment below. I am not arguing, all I am saying is I am not a scammer nor is my company. I am not breaking any laws.
For example, the person below is constantly making accusations that are not true. I am not sure how many times i need to state that the site is not a ponzi, nor is it
a pyramid scam. I have stated what a pyramid scheme is numerous times already. Having an optional affiliate program does not make it a pyramid scheme.
That ******* stupid moron just keeps saying the same thing over and over again without bothering to read the definitions of what ponzi and pyramid scheme
are. Even the professor posted the definition of pyramid scheme. The site is not a pyramid scheme, that is the bottom line.
If a member joins, and uses their affiliate link to get another member to signup and that new member buys advertising, the person who referred that person
earns a sales commission. It stops there. What that new member does or does not do has No financial bearing on the person that referred that person. That
new member can either take their affiliate link to earn commissions on those sales, HOWEVER... regardless of if that new person get 100 people to purchase or
1 person to purchase, the person who referred him to the site Makes Absolutely Nothing! <- This means it is Affiliate Marketing, not MLM, not Pyramid, and
most certainly not Pyramid Scheme. Nor is the site a ponzi.

Originally Posted by littleroundman

That would be completely relevant IF you were running a hedge fund. Simple fact is - you're not. You're running a fraudulent low level ponzi / pyramid scam while pretending to be a hedge fund owner / manager

Hey asshole, I never said i was a hedge fund manager, I posted that as an example cause you stupid morons keep saying ... you have to be licensed, you have to be licensed... blah blah blah...
I post that as a clear example of the law, that in some cases... You don't have to be licensed.

The site is not fraudulent in any way, shape or form, WHY DO YOU KEEP SAYING THIS OVER AND OVER AGAIN?
The site is not a ponzi / pyramid scam in any way, shape or form, WHY DO YOU KEEP SAYING THIS OVER AND OVER AGAIN?


Poor stupid moron.

Steve, you might even think your program is legitimate, but if it's pimped by Ken Russo, it's a scam. He is a professional ponzi pimp. That's the only way he knows how to make a living.

I'll tell ya what, Stevie,

for a supposed legitimate business owner, you do a remarkably good impression of a low level HYIP ponzi owner.

Originally Posted by Stevie Lawson

Hey asshole, I never said i was a hedge fund manager, I posted that as an example cause you stupid morons keep saying ... you have to be licensed, you have to be licensed... blah blah blah...

Example of what ????

You don't have a hedge fund and you're not an adviser for one.

YOU have to be licensed to do what you're claiming to do.

My local lunch bar is licensed - but not to run a ponzi / pyramid scam.

You, on the other hand, have no license to do what you're claiming to do OR run a hybrid ponzi / pyramid scam OR serve food..

Originally Posted by E2014T

Steve, you might even think your program is legitimate, but if it's pimped by Ken Russo, it's a scam. He is a professional ponzi pimp. That's the only way he knows how to make a living.

This is not true. Come down to my office and look at the books you XXXXXXX piece of dog XXXX


Edited by admin to remove unnecessary profanity