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

If Ken Russo says this is real then it must be a scam.....LOL

I edited his reff link (?ref=674).....

Quote:

---

September 11, 2015

Greetings Everyone,

Lots of info in this message as a result of my effort to ensure
that this project is real with a bona fide external source of
income which will establish longevity.

A new program called My Binary Profits is gathering lots of
attention. Here is the information I received from my sponsor,
Harris DesOrmeaux, who administers the UpgradeYourLife
website.....

Begin
=============================================
Hello Valued UpgradeYourLife Members,

I wanted to hurry up and share this new biz-op with you to
make sure that you find out about it before everyone else does.
Be ready...This one will become a giant.

There are many opportunities that come and go but there are a
few that stay for a long time. It is really hard to find a good one
these days.

Today, you have the chance to jump on something that is THE
FIRST OF ITS KIND! This is the first ever Binary/Advertising/
RevShare Hybrid of its kind.

FINALLY, we have an owner by the name of Steve Lawson that
is honest and comes highly recommended with many years of
experience and success. He has been a financial adviser since
the mid-nineties and is also a highly skilled options trader. He
and his partners presently manage 60 binary accounts. To make
a long story short, they have put their heads together to form this
new opportunity that is predicted to be 100 times better than the
leading competitors and the proof will be in the pudding.

They are also the only company that offers a refund to anyone who
should become unhappy. However, no purchases or repurchases
are required to earn commissions.

As an added bonus, Steven will host skype chats and live google
hangouts where he will show members how to trade with live trades
for those who wish to learn "honest" binary options trading. He is a
very kind, mild-mannered gentleman who gets along with everyone.
Knowing the owner is a big advantage.

Having an outside income is what really got me interested in his program
coupled with the fact that he is projecting earnings of twice as fast as
MyAdvertisingPays due to the "outside" income also got me interested.

This is a rare opportunity that can set you free. Don't let it slip by.
Add it to your portfolio.

Harris DesOrmeaux
=================================================
End

I joined the program and sent this message to owner/admin Steve
Lawson....

Begin
=================================================
Hi Steve,

I am very interested in your program, mainly because of this
statement posted at your website.....

-----------------------------------------------------------------------------------
Sustainability - 60 binary accounts under management with an
88% success rate. 30 accounts are managed to trade when market
prices fall. The other 30 accounts trade when market prices rebound.
Not only do you receive shared revenues from site sales but you also
receive shared profits from these accounts under management. Each
week we 100% match all shared site revenues. This means you earn
twice as fast than our leading competitors. No Stalling!
-----------------------------------------------------------------------------------

This implies that there is an external source of income which separates
this program from most which are strictly ponzi schemes. Can you
confirm that this is true? Also, please provide the name(s) of the program
founders and/or admin team along with your location and contact phone
number and as much additional information as you are able to provide,
especially regarding your trading activities

Please understand that I take the due-diligence process very seriously. I
report to a large number of folks worldwide which includes my personal
networking database and their networks, blog and forum administrators,
etc. These folks depend on me to provide them with accurate information
in a timely fashion. As a program administrator, I'm sure you can appreciate
the value of open lines of communication.

I look forward to your prompt response and to the possibility of working
with you and supporting you new project. I am a member of your program
and I have made a $50 Ad Pack purchase.

Regards,

Ken Russo
================================================== ===
End'

Here is his response...

Begin
================================================== ===
My Binary Profits will be the best site out there and will stand the test of
time and Nay Sayers. I am New York born and raised. A Bear Sterns
Financial Adviser for many years. It's rough and tough New York,
especially working all the years I did in this city on wall street. I'm
not new to the internet, but I am new to Internet Business Ownership.
Members will be able to speak to me on skype, in facebook and on my
cellphone. Also, I'll be taking members ( for free ), all those interested,
on skype groups and google hangouts ( and hopefully I can get something
better ) to live stream as I'm trading, and not just Binary, but real market
trading on wall street. I will be covering trading and investment strategy,
I will stress how to money manage and not get greedy, know how and
when to take profits and know and when to get out of a falling investment.
Members will see me just about everyday once I get the ball rolling with it.
I can meet members here in the city, around the city, on Long Island as well
as to the places I travel too. I always make time to meet people. I'm part of
a Regus group which allows me to use offices anywhere in the world to meet
with people.

Your Questions;
Sustainability Statement;

Q: "This implies that there is an external source of income which separates
this program from most which are strictly ponzi schemes. Can you confirm
that this is true?"

A: Yes this is true. I wrote that statement myself and gave it to the site
team to put on the site.

Q: "Also, please provide the name(s) of the program founders and/or admin
team along with your location and contact phone number and as much
additional information as you are able to provide, especially regarding
your trading activities"

A: I've been trading the markets since the 90's. Members will see me live
trading, on skype, google hangouts, and as I already mentioned, hopefully
a much better interface where I can have thousands of members on with
me, daily without any disruptions. ALL FREE. Members will have all of
my contact info. Facebook, skype, email, and my cellphone number if anyone
needs to get a hold of me directly. I have nothing to hide. Plus, I'm the only
company out there right now that gives 100% FULL REFUNDS! I'd like to
see other sites do that. I don't play any games and that is the bottom line.

ADMIN/OWNER: Steve Lawson < That's me. There is no one else involved.
Granted I have backers, friends, close associates, Private Investors... However,
I'm the one that is solely responsible. This company belongs to me and me only.

Site Team: Here in New York, I go to see a lot of tech, design, programming,
web development & security startups. I even invest a ton of money with some
of them. Out here is very fast paced, much faster now then ever before. Over
the past 10 months, give or take, I've put together a group, a "collective" sort
of speak. They do the work on the sites to exactly my specifications and nothing
is changed without my approval. We all handle customer service around the clock.
Most customer service work is done remotely. The site team log into the customer
service area and clock hours doing customer service, of which I pay them at the
end of each week for, and also I pay them for updating the site which is just about
complete now. It is mostly freelance right now until it becomes more permanent
over time.

Location: There is no physical office as of yet. Everyone meets here in an office
building that is part of regus. Like I said I do have access to a ton of offices world
wide If anyone wanted to meet. And also I can meet when traveling too. I travel
about 4 times during the year. I'm still debating on renting a small office here in
the city but the rent is a bit pricey. I may get a small office on Long Island close
to my home in Sands Point, I'm mostly in the city during the week, but am at home
on the weekends.

Phone Number: My cell number 516-423-2247. If you do want to call, please
not over this weekend as I will be working with my site team to complete
the site! Any additional questions, send me an email! I'll get to it just as
soon as I possibly can.
================================================== =========
End

Registration process.....

Go here ----- My Binary Profits - First Hybrid Online Advertising Revenue Share - Advertise and Earn!

Scroll down to the bottom and enter your email address and password
of your choice.

You will receive a message from customercare@mybinaryprofits.com
which contains an activation link.

You can then login and make a purchase. There are 3 options....

1 - $5 Ad Purchase which will earn 150% or $7.50

2 - $10 Ad Purchase which will earn 155% or $15.50

3 - $50 Ad Purchase which will earn 160% or $80.00

Note that the following pre-launch bonuses are available.....

$5.00 Ad Package - $1.00 Instant Rebate Cash Bonus!
$10.00 Ad Package - $2.00 Instant Rebate Cash Bonus!
$50.00 Ad Package - $10.00 Instant Rebate Cash Bonus!

Upon maturity each Ad Package expires at which time you
may purchase one or more additional Ad Packages.

Ken

---

And of course Dr Goddie Ude also is pimping this one....he is ?ref=2295....

Interesting that Ken Russo is way higher on the scam chain with being 674th scammer to join with Ude at 2295.....

Quote:

---

Hello xxxxxxxxxx,

[Try and patiently read through this email, it will help you]

Wow!

Thanks everyone for your response to my last email.

Indeed, it has been a tough assignment establishing a new ministry focused on transforming lives.

Someone rightly told me that street-level ministry is risky and tough. I do not doubt that, but this is the path I am being led to. I have no choice but focus on it.

Keep us in your prayers!

======

In my last email, I did mention that I have been looking into some other opportunities that require no RECRUITING!

As you already know, there is no guarantee on anything in life-especially with internet based opportunities.

However, among all the programs I have been reviewing, I want to let you into this one for your considerations.

Other trusted colleagues have done some amazing DD jobs on it as well.

I have personally visited the website, JOINED and purchased into the program to verify everything. Everything seems to be working as promised!

Above all, the program accepts both Paypal and Payza which is a huge plus.

Most online DD resources believe that this will be better than MAP program!

In order words, this is hopefully going to be a very stable and strong Non-Recruiting program that allows everyone to earn!


HERE ARE SOME HELPFUL INFORMATION FOR YOU TO CONSIDER

Below, you will see the Owner of the Company, Steve Lawson respond to DD questions and even left his phone number for contact.

========

QUESTION: I am very interested in your program, mainly because of this
statement posted at your website.....

-----------------------------------------------------------------------------------
Sustainability - 60 binary accounts under management with an
88% success rate. 30 accounts are managed to trade when market
prices fall. The other 30 accounts trade when market prices rebound.
Not only do you receive shared revenues from site sales but you also
receive shared profits from these accounts under management. Each
week we 100% match all shared site revenues. This means you earn
twice as fast than our leading competitors. No Stalling!
-----------------------------------------------------------------------------------

This implies that there is an external source of income which separates
this program from most which are strictly ponzi schemes. Can you
confirm that this is true? Also, please provide the name(s) of the program
founders and/or admin team along with your location and contact phone
number and as much additional information as you are able to provide,
especially regarding your trading activities

Please understand that I take the due-diligence process very seriously. I
report to a large number of folks worldwide which includes my personal
networking database and their networks, blog and forum administrators,
etc. These folks depend on me to provide them with accurate information
in a timely fashion. As a program administrator, I'm sure you can appreciate
the value of open lines of communication.

I look forward to your prompt response and to the possibility of working
with you and supporting you new project. I am a member of your program
and I have made a $50 Ad Pack purchase.

Regards,

Ken
================================================== ===
End'

Here is the owner's response... ( Steve Lawson)

Begin
================================================== ===
My Binary Profits will be the best site out there and will stand the test of
time and Nay Sayers. I am New York born and raised. A Bear Sterns
Financial Adviser for many years. It's rough and tough New York,
especially working all the years I did in this city on wall street. I'm
not new to the internet, but I am new to Internet Business Ownership.
Members will be able to speak to me on skype, in facebook and on my
cellphone. Also, I'll be taking members ( for free ), all those interested,
on skype groups and google hangouts ( and hopefully I can get something
better ) to live stream as I'm trading, and not just Binary, but real market
trading on wall street. I will be covering trading and investment strategy,
I will stress how to money manage and not get greedy, know how and
when to take profits and know and when to get out of a falling investment.
Members will see me just about everyday once I get the ball rolling with it.
I can meet members here in the city, around the city, on Long Island as well
as to the places I travel too. I always make time to meet people. I'm part of
a Regus group which allows me to use offices anywhere in the world to meet
with people.

QUESTION: Sustainability Statement

Q: "This implies that there is an external source of income which separates
this program from most which are strictly ponzi schemes. Can you confirm
that this is true?"

A: Yes this is true. I wrote that statement myself and gave it to the site
team to put on the site.

Q: "Also, please provide the name(s) of the program founders and/or admin
team along with your location and contact phone number and as much
additional information as you are able to provide, especially regarding
your trading activities"

A: I've been trading the markets since the 90's. Members will see me live
trading, on skype, google hangouts, and as I already mentioned, hopefully
a much better interface where I can have thousands of members on with
me, daily without any disruptions. ALL FREE. Members will have all of
my contact info. Facebook, skype, email, and my cellphone number if anyone
needs to get a hold of me directly. I have nothing to hide. Plus, I'm the only
company out there right now that gives 100% FULL REFUNDS! I'd like to
see other sites do that. I don't play any games and that is the bottom line.

ADMIN/OWNER: Steve Lawson < That's me. There is no one else involved.
Granted I have backers, friends, close associates, Private Investors... However,
I'm the one that is solely responsible. This company belongs to me and me only.

Site Team: Here in New York, I go to see a lot of tech, design, programming,
web development & security startups. I even invest a ton of money with some
of them. Out here is very fast paced, much faster now then ever before. Over
the past 10 months, give or take, I've put together a group, a "collective" sort
of speak. They do the work on the sites to exactly my specifications and nothing
is changed without my approval. We all handle customer service around the clock.
Most customer service work is done remotely. The site team log into the customer
service area and clock hours doing customer service, of which I pay them at the
end of each week for, and also I pay them for updating the site which is just about
complete now. It is mostly freelance right now until it becomes more permanent
over time.

Location: There is no physical office as of yet. Everyone meets here in an office
building that is part of regus. Like I said I do have access to a ton of offices world
wide If anyone wanted to meet. And also I can meet when traveling too. I travel
about 4 times during the year. I'm still debating on renting a small office here in
the city but the rent is a bit pricey. I may get a small office on Long Island close
to my home in Sands Point, I'm mostly in the city during the week, but am at home
on the weekends.

Phone Number: My cell number 516-423-2247. If you do want to call, please
not over this weekend as I will be working with my site team to complete
the site! Any additional questions, send me an email! I'll get to it just as
soon as I possibly can.
================================================== =========

ACTION PLAN

Ok! Now with this type of opportunity timing is everything!

In order words, starting right now the program is in prelaunch will give you a lot of head-start.

If in doubt of any info contained here, you can research some more and let me know what you think.

Below you will see the link to the website to read some more or join.

NOTE: Joining a FREEE

Registration process.....

===>Here is the website link: CLICK HERE

===>Scroll down to the bottom and enter your email address and password of your choice.

You will receive a message from customercare@mybinaryprofits.com
which contains an activation link.

You can then login and make a purchase. There are 3 options....

1 - $5 Ad Purchase which will earn 150% or $7.50

2 - $10 Ad Purchase which will earn 155% or $15.50

3 - $50 Ad Purchase which will earn 160% or $80.00

Note that the following pre-launch bonuses are available.....

$5.00 Ad Package - $1.00 Instant Rebate Cash Bonus!
$10.00 Ad Package - $2.00 Instant Rebate Cash Bonus!
$50.00 Ad Package - $10.00 Instant Rebate Cash Bonus!

===>Here is the website link: CLICK HERE

Upon maturity each Ad Package expires at which time you
may purchase one or more additional Ad Packages.

======

As usual, if you have any questions or suggestions, kindly let me know.

Our goal is to seek and announce programs we believe is real and legitimate, that just anyone with or without experience can get involved with and work his/her way up to success. I think this program meets the criteria.

Take care and have a great day!

Dr. Goddie & Global Top Team
774 295 0004

=====
​Disclaimer: The programs/opportunities being discussed in this email are not owned or operated by the sender of this email and we cannot be held responsible for any losses incurred. No matter what you read, the decision to get involved remains in your hands and yours alone. This is simply a general publication not a solicitation to buy any restricted equity. Never spend more than you can afford to lose - this is a very important rule. Remember, you must take full responsibility for your financial decisions. No matter how promising a program looks, please never spend money you are not perfectly willing to lose. If you can't adhere to this philosophy, please join under someone else. What you read here and on our website is all that we have been able or willing to find out. No other due diligence has been performed by us. We are simply sharing information that has become available to us. We have no way of knowing how any program will perform in the future. In no way should any information presented be construed as financial advice. Nor should any links on this site be construed as solicitations to participate in an opportunity by any jurisdiction where such offer would be considered illegal by said jurisdiction. It is up to each individual to decide whether or not any opportunities offered here are of interest.

---

There is paypal logo bottom left of home page.....I should run a book on how long it takes for that account to be limited/frozen....LMAO...

:whip_the_worker:

Well, on their business/ad directory page they are advertising My Advertising Pays and Carbon 711 that pays 154% monthly return. That tells you up front how real this is.

And this is another Advertising Revenue Share Program, as if we didn't have enough of these already. So much for making people think they were actually doing binary options trading. Talk about smoke and mirrors.

Quote:

---

Originally Posted by Ken Russo

Please understand that I take the due-diligence process very seriously.

Also understand I am predictably bad at it and keep costing my sucker client list tons of money with one implosion after the next, have for years.

Due to my suckiness my good and very knowledgeable friends at Real Scam have suggested you email "Steve Lawson" some not so softballs and get answers to the following questions.

---

Steve, if that's really your name:

1. Has your binary options trading product been registered for offer and sale with the SEC?

To cut the crap use SEC.gov | Company Search Page to determine whether an issuer named Steve Lawson or My Binary Profits has registered the offer and sale of this money machine.

2. Is the binary options trading platform itself where you plan to work the magic registered as an exchange or a designated contract market?

Those not wanting to waste time relying on Russo can determine whether the platform is registered as an exchange by checking the SEC’s website regarding exchanges or a designated contract market, on the CFTC’s website.


CFTC Fraud Advisories - CFTC


Why has a guy managing money and kicking ass since the nineties just now creating a website with hidden ownership?


The owner of the website is using a service to hide their identity

The website has been newly registered with a short life expectancy, which follows the pattern used by many fraudulent and fake selling websites. Please be vigilant and take extra care before providing any payment information.

is mybinaryprofits.com a scam or legit | mybinaryprofits.com trust reviews |check mybinaryprofits.com for fraud and risk | is mybinaryprofits.com safe or fake


Which Steve Lawson would you be?

SEC.gov | Protect Your Money: Check Out Brokers and Investment Advisers
Using IAPD | Investor.gov


There is not a money manager in the world with the kind of trading skills you claim that would mange one account for $27,000 much less have the time for 2315. Are you doing this to finally give the little guy a break?

Attachment 12045

Quote:

---

Originally Posted by ribshaw

Which Steve Lawson would you be?

---

Wonder if any of the following is true.....

Quote:

---

About the owner of the MyBinaryProfits - Steve Lawson

Steve is very dedicated to his members, customers and staff
and he is always just an email away.
His (MBP) site team will be adding facebook, twitter and skype.
Members will be able to contact support
or if they want he will have his direct contact info
and will be available as well through facebook as well as skype.

Steve Lawson lives in Manhattan, NY.
His internet & computer experience goes way back to the IBM PS/2, windows 3.1 circa '92.
He would dial into BBS's at that time, also connected via Prodigy at that time, as well as Sierra Online.
It was just a few years later when AOL dial-up came out.
Not too much money making opportunities online at that time,
but just wanted to give you an idea as to how long Steve has been working on computers.
Back then he actually tinkered a bit in BASIC coding through DOS.
He has spent a lot of time in DOS back then, LoL, how times have changed.

Steven has been a financial adviser since the mid-nineties,
right before the Dot-COM Boom and bust.
In 2007, he retired at the ripe old age of 32 from the firm
but have been trading the markets since then personally.
He is highly skilled in swing trading/day trading as well as options trading.
These are his personal merits that he is bringing into this company MBP.
Steve along with his staff manage 60 Binary accounts together.
He got into the Binary markets back in 2010.

Steve's Network Marketing experience;
This guy has been involved with so many different companies over the years,
if you name it, he was probably a member!
Primerica, melaleuca, herbalife, amway, Xango, Empower Network, Mannatech,
Shaklee, Tupperware, Skinny Fiber, That Wrap Thing, Scentsy, legalShield,
Ambit, Pampered Chef, OH by the way at one time (long ago) he was active in WTIA
which is our F5M-Millionaires-Club main wealth system.

His Internet Marketing;
Same holds true here as well, there is wayyyy too much to cover
which he probably forgot a good amount of the sites he joined over the past 15 years,
but he does remember the ones he lost quite a bit of money at like Zeek and JBP ...
they were many more which he cares not to mention.
He was just like most of us in the past, he joined a bunch of things all of the time
but eventually his staff members have helped him to stop program jumping.
So he has seen many successes as well as many failures.

Over the past few years now,
Steven has been watching many advertising/rev share sites come online,
he has joined most of them, then they either dry up or the site disappears completely,
taking everyone's money, and a lot of his money.

Then about 10 months ago, he conceived an idea.
A group of his team, his private investment team and fellow traders,
who also happen to join things online as well.
They all got talking and said, 'well enough of this with these sites disappearing'.
They have put their heads together and reached out
to their network of computer savvy friends and fellow Internet Advertising people.
To make the long story short, they put together an internet advertising company,
not like the rest. We have NO repurchase rule whatsoever as we do not believe in
holding onto our members money. Basically, the new MBP site in a nutshell,
is 100 times better then our leading competitors and the proof will be in the pudding.

Also, the MBP will be the only company that offers a refund
if / when someone becomes unhappy.
However, they do not see that happening as they will provide great service
at a great value and no repurchase requirements.

Steve has put together a great site as well as a great company.
Himself along with his business partners have put together a great group
of forward thinking 20-somethings entrepreneur minded tech savvy individuals
who are just as excited as very few who know about this opportunity before the official launch day.
They are on top of customer care and site development.
We really have a great thing here that everyone will be proud to be a member of
and very happy to promote as well.

The best strategy Steve can express is this;

1: purchase advertising, get earnings.
2: withdraw 50% of your initial advertising expense.
3: purchase advertising, get earnings.
4: withdraw the other 50% of your initial advertising expense.
5: now just purchase and withdraw always, even daily, take some spend some, keep growing.
6: repeat 5.
7: without having a repurchase requirement, it makes using this strategy so much easier.

Above is his only recommendation,
but you and the rest of the members are free to manage however you want.

Here is a little secret I would like to share with you... shhhhhh!...
In the near future, Steven will host group skype chats and live google hangouts
where he will take members over his shoulder sort of speak and not only talk
trading techniques and strategy but he will present live trades
as he will share his profitable tips, techniques and teaching members,
who have an interest in learning Honest Binary Options Trading.

So if anyone will have an interest can get a very personal,
face to face time with him, and not just teaching, but just to shoot the breeze as well.
If you see him on the skype... give a call, send a message, he will be there for members.
Steven has spent a good amount of his life working everyday as a Financial Adviser
with folks from every walk of life. Friendly service with care.
He has a big heart and is very kind, mild-mannered gentleman who gets along with everyone.

---

Quote:

---

Originally Posted by okosh

Wonder if any of the following is true.....

---

That seems like a very unlikely story.


Right now the Finra site is down to be fitted for larger pipes, but I want to poke a bit. If he was with Bear Stearns there should be a record of his brokerage licenses and since he claims to be still active something current. Along the same lines there should be a life and health license floating around for him if he was with Primercia.



===============================================


When and why did he find the time for this hot mess?

Steve's Network Marketing experience;
This guy has been involved with so many different companies over the years,
if you name it, he was probably a member!
Primerica, melaleuca, herbalife, amway, Xango, Empower Network, Mannatech,
Shaklee, Tupperware, Skinny Fiber, That Wrap Thing, Scentsy, legalShield,
Ambit, Pampered Chef, OH by the way at one time (long ago) he was active in WTIA
which is our F5M-Millionaires-Club main wealth system.



===============================================

This is an older article but an average fee of 1% per year as a financial adviser is typical. Even if he was 2&20 like a hedge fund whale $27,000 would be such a money loser I doubt if his cell phone stays up until the end of the month.

"Bear Stearns will leave it up to its broker-dealers to set minimum account sizes and annual fee structures for investors. Annual fees may range from 1% to 1.5% of the portfolio's value but could sink below 1% if a customer has a sizable portfolio."

Bear Stearns Joins Ranks Of 'Supermarket' Operators - WSJ

===============================================

Last I would think someone who claims to have been with BS in NYC for years and retired at 32 would have better fund raising contacts than Russo and Goodie via MMG.

http://imageshack.com/a/img540/165/45PDOh.jpg

Here's a free tip for beginners:

NO ONE on the planet can offer constant returns of the size being offered by MyBinaryProfits WITHOUT being a pyramid or ponzi scheme.

There are plenty of legitimate High Yield Investments.

Always remember: "high yield = high risk"

There are NO legitimate High Yield Investment PROGRAMS

Remember" "high yield investment PROGRAMS = guaranteed collapse with 90% plus percentage of participants guaranteed to lose their money"

If you want to play HYIP ponzis, fine, go ahead and join MyBinaryProfits,

Just remember, Ken Russo isn't known as "Kiss-o-Death" Kenny for nothing.

"Kiss-o-Death" Kenny Russo doesn't do "legitimate" he only does ponzis and pyramids (and not very successfully, either)

Anything he touches turns to c*** sooner, rather than later

I found 6 Steve Lawsons with Broker Check. NONE with a record at Bear Stearns and most not active. The only guy with a record in NYC started in 1982, just a few years after this fella would have been born.

FINRA.org

Quote:

---

Originally Posted by ribshaw

I found 6 Steve Lawsons with Broker Check. NONE with a record at Bear Stearns and most not active. The only guy with a record in NYC started in 1982, just a few years after this fella would have been born.

FINRA.org

---

So this means he was a child genius and explains how he can produce 160% returns??....:RpS_unsure:

Quote:

---

Originally Posted by okosh

So this means he was a child genius and explains how he can produce 160% returns??....:RpS_unsure:

---

he's right up there with the other prodigy Anal Kiernan.

Quote:

---

Originally Posted by BS you expect to hear in scams and on the seminar stage

Sustainability - 60 binary accounts under management with an 88% success rate. 30 accounts are managed to trade when market prices fall. The other 30 accounts trade when market prices rebound.

---

I generally attempt to refrain from making absolute statements like saying there is no one in the trading world that buys options with an 88% success rate. In this case I will make an exception, especially for someone that claims to have been in the thick of it since the nineties. There are any number of charlatans that lie, have blown out multiple accounts, or have short spurts of success before blowing out again that claim 88% success.

There are some option selling strategies that statistically can be 88% successful, sometimes for years on end. Seminar gurus and the odd faux money manger like to tout Credit Spread Definition | Investopedia as a panacea. The problem can and does lie in that other 12% when years worth of gains can be lost in a single bad trade. As is often said about selling options, "you eat like a bird, and **** like an elephant!"

The notion that Steve Lawson is effectively running 30 long and 30 short accounts comes across as the biggest lie of them all. The hook being that no matter what happens to the market this guy has your back, safety first. If he was this adept at trading, the Illuminati would have snapped him up and fundraising on MMG wouldn't even be a consideration. In stating that no one trades with an 88% success rate, I would go one step further and say even less people simultaneously trade long/short and deliver the type of returns this clown is pretending. The effect of a Hedge Definition | Investopedia long term is almost always a drag on returns.

An easy exercise is contrasting the number of stories of people that made boatloads of money on the recent 1000 point plunge in the market with those that lost. The average return of the short bias funds tracked by these folks was 5% for August, with losses of 11% annually for the last 60 months. https://www.hedgefundresearch.com/mo...?fuse=login&hi Lying to raise funds for a Ponzi is easy, really trading the market as this guy is claiming not so much.

Index Value Aug 2015 YTD LAST 12M LAST 36M (ann) LAST 60M (ann)
HFRI EH: Short Bias Index 5.31% 1.40% 0.91% -9.87% -11.03%

Average hedge fund returns to me are about what someone should expect is possible. There will always be deviations, sometimes massive, some people win the lottery too. That doesn't mean the who can be predicted in advance, or that someone putting up great numbers hasn't been taking stupid amounts of risk that just as easily could have busted them.


Since I tend to repeat myself I started dumping a lot of stuff in the thread below on staying away from foolishness that is Steve Lawson and mybinaryprofits.bs

http://www.realscam.com/f12/investin...217/#post88955

Over at MMG I asked Steve Lawson to answer the discrepancies with his bio and reality. I thought he was posting there, but found out it wasn't him but someone who was just posting his updates. So the Ponzi King himself, Ken Russo, let me know that Steve didn't post at MMG when he posted Steve's latest update. So I asked Ken to ask Steve Lawson the issues I raised since he had been in contact with Steve. I also let it be known that he or BusinessOpp could ask the questions, and I was looking forward to Steve's reply.

At least Ken has reached out to Steve through several different sources, so we will see if Steve responds, and what he has to say. I also chided Ken that for someone who "claims" that he does his due diligence how he could have missed all these issues. :RpS_lol: The only thing Ken Russo does for due diligence is ask if the program will be around long enough for him to get his money out before it collapses. He still has $3K tied up on Genesis Global Network. Couldn't happen to a nicer guy. :RpS_lol:

Wonder how Ken's followers like receiving "This is real; Oh, crap I was wrong," statements in back-to-back emails?

Quote:

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Originally Posted by laidback

Wonder how Ken's followers like receiving "This is real; Oh, crap I was wrong," statements in back-to-back emails?

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wouldn't that be back-to-back-to-back-to-back-to-back-(to infinity)?

The infamous Steve Lawson, himself, responded to my post at MMG. Here's what he had to say, and I quote:

"Hello Everyone! This is Steve Lawson. I am the owner of My Binary Profits, mybinaryprofits.com

First, I'd like to thank HighIncome for posting here and for the support. Nay Sayers and those with pitchfolks will talk nonthingness and nonsense when they have no idea, I'm talking to you kingofall, it is not nice to start an argument with HighIncome for no apparent reason. Don't knock Ken, he did do his due diligence.

My site is like that of mypayingads, adrever and so on. No difference, but a few. 1: outside revenue generation, 2: members receive traffic from a huge array of advertising networks targeted towards MLM, Network Marketing & Work at Home, and all closely related niches. When members setup their advertising in the business directory their ads go our through the advertising network, so they get traffic from lots of places, not just from the business directory. Also, we will have for sale, on site advertising on both the front page ( which we are making room for ) and in the members backoffice. All revenue from those sales goes right back to the members.

Lets talk about "site revenue generation";
1: ALL advertising sales the site generates, this goes out via rev share.
2: commissions generated from third party sales ( clickbank, JvZoo, etc. ) this goes out via rev share
3: managed accounts, profits generated here goes out via rev share.

3 breakdown: Each week, profits generated from these accounts are used to 100% match the weekly total rev share of the site sales.
What Does That Do; in layman's terms, when we take that match and add it to the rev share. Instead of just the amount of earnings in rev share going out to members for that week, the amount of earnings in rev share going out to members for that week is doubled. More rev share going out, means more members earn twice as fast than our leading competitors.

What mybinaryprofits is; we are a rev share site! like mypayingads, but have a few differences. What mybinaryprofits is not; Has absolutely nothing to do with binary. Members purchase great advertising , then receive revenue share from a wide array of revenue generation. mybinaryprofits has absolutely nothing to do with my background, only what I bring to the company as a whole.

I was a financial advisor for Bear Sterns for many many years, not "an options trader", not sure where you got that one from "Lynndel", but in both conversations with John and Ken, I told them both I was a financial adviser. My trading experience comes from the work I did in the firm, followed by my own personal trading experience. Also "Lynndel", opening an account with scotttrade, TD waterhouse, Charles schwab etc..etc... requires no licenses. And now with these forex trading sites and binary sites, anyone can signup, no 'license' required.

What I would like to do in the near future, for those who are interested, is get on skype or google hangout and share my trading strategies, tips, tricks, on ALL market trading, not just binary. How is the success rate so high? SWING TRADING! MOMENTUM BUYING/SELLING! not just point and click like regular people do. You follow the swing or momentum, for 15 mins, an hour, not a 60 second trade, jesus christ. Real money comes from market trading. I can teach swing trading, day trading, REAL OPTIONS BUYING/SELLING, the ones that trade with the stocks on the CBOE, not binary. I will teach anyone who would like to learn. I will share what it is I'm buying and why, how to spot a swing trade, when to short, and when the heck to get out, taking profits with you. There are no laws against me turning on my camera, pointing it at my screen and teaching people a few things. I am available to meet people, talk on the phone with them, be on skype, facebook, and the best thing about it, ALL other rev share sites are hosted in 3rd world counties with absolutely NO REFUND POLICY, ALL SALES ARE FINAL. I do have a great refund policy, if someone is not happy, they get a full refund! How cool is that! :-)

What I plan on doing with trading, for all of those that are interested, HAS NOTHING TO DO WITH THE SITE! The site is the site, it is a rev share site, no different then mypayingads. Focus on that. Running background checks on me for no apparent reason is a waste of time. You want to talk to me, call my cell, lets see some 3rd world country rev share site say that.

Don't waste your time running background checks, because that makes no sense whatsoever. All of my licenses expired many years ago. You know, those licenses are only good for 24 months and expire when you are not registered at a firm. Those licenses are only required to make investments in other peoples accounts legally. I don't make investments in other peoples accounts, so get your facts straight!

That has nothing to do with the rev share site. And besides, no one needs a license to join a binary options site to make trades. no one needs a license to open an optionsexpress account to trade REAL OPTIONS CONTRACTS, or open an account with scotttrade or similar sites. If you had any brain "Lynndel" you would know when you buy and sell real option contracts, you have the potential of earning 1000% times your money back, sometimes more. And not just "shorting a stock", imagine buying a put on blue chip stocks when the market is falling... CHA CHING, same when the market rises. If I buy an option contract for $50 and in a few days it shoots up and I sell it for $500, that is 10 times the money, or 1000%. Not too bad for a few days. Much different compared to outright stock buying/selling. But that is all besides the point.

The point is this, mybinaryprofits.com is a rev share site, plain and simple. People are either going to join, or they are not. People like microsoft, while others prefer Apple. I'm not going to win them all! :-)

How about this, ONE YEAR FROM NOW, we'll both read back this forum post. If mybinaryprofits is not way over and above $500,000 in payouts, then you can say whatever you want. If mybinaryprofits stalls, drys up or whatever the case, if things are not going well, then you can say whatever you want. BUT, until we get to that point, don't yell fire when there isn't any. The site is just starting to move now. What I will do on the side by inviting members to come along and join me on skype and watch me trade, has nothing to do with the site and quite frankly, there are no laws that say otherwise, that i can't point my camera to my screen and show how to find swing trades, channeling stocks, etc..etc.. members can come watch, learn a thing or two, or not, whatever, I'm doing that for free. You don't want to come, don't, it's really no sweat off my back what it is that you do, I couldn't care any less. Stand outside with your pitchfork alone in the cold broke, while me and everyone else trading along side me is making money :-)

But, like I said, the focus here is the site itself, not my background or anything else. Before a person starts, and becomes the head of a business on the internet that does business in the global market, There are many steps one takes, which involve attorney's, DBA's and a good amount of document signing to remove personal information from the internet and databases, especially when it is no longer relevant to my life. The best I can do is give you my cellphone number, skype, facebook, twitter, gmail, g+, instagram, tell you when I'm travelling and to where, this way, if anyone of my members want to come see me, hangout, just shoot the **** over a couple of drinks, whatever, I am available to all of my members. I just landed in Scottsdale for business but I'm available if anyone wants to see the whites of my eyes and talk face to face.

My Passion for all things MLM, hahaha...
I've always enjoyed MLM, I have spent many years involved and also many years involved online. Again, no license required. Just a passion to continue to bother your friends and family to signup to the next lastest and greatest MLM company... hahaha! You know what I mean. But seriously though, as a financial adviser, I would talk to my clients about doing something on the side to generate additional income and try to point them in a direction I felt was more suitable for them. Business running husbands with their wife who stays at home with the kids, These women loved the opportunities I presented to them to generate additional income without working 'full time'. I spoke to them about whatever MLM company I felt would suit their personality. Some just liked the online thing while others enjoyed starting something and creating teams and a sense of community around them. As with everything though, you get out what you put in. Some people I have introduced to these opportunities, went really far in those companies, mid to high seven figure earners. Goes to show you, when a man runs a small local business in town and his wife is in a MLM, CHA - CHING. I love MLM, Network marketing, Work at home stuff, I love reading about new companies and new things online. You just never know what you can really excel with. I am very passionate about it, it is one of my biggest hobbies and I love it. I don't work full time, I retired happily from punching the clock, from 'working for the man', Thank God, is all I have to say, I had enough. I really enjoyed my job, did I like the commute through the city in rain sleet snow and hail, towers falling, working 6am to 6pm monday - friday for 15 years, NOPE! I had to get out, I was done. I retired early and have been day trading / swing trading ever since, no license required! :-) and you know what is funny, as a licensed registered representative, you can not have any personal trading brokerage accounts, that is against the law. Well, when I left the firm finally, I started trading personally because legally I could at that point. So, as you can see, having my licenses expired, is actually a good thing. I don't need a license to teach you how to read a chart for christ's sake. I'm happy I retired early, and no longer doing the 12 hour days in the city anymore. The money was nice, but my life was more way more important to me. I'm a day trader, trading the world markets everyday gives me a head and shoulders advantage over everyone else. In my honest opinion, every job is slave labor. PERIOD.

With all of that being said, I rest my case. I'm not in a 3rd world country running a rev share site with a no refund policy. We are in New York, I love to meet people and you can call me on my cell phone, but please... unless you outright own the opportunity, I don't need to hear about any more, :-) any customer support/technical issues, I pay people for that, send an email - customercare@mybinaryprofits.com I also reply back on some emails as well.

If you are not happy with all that I have said, do not join, it is as simple as that. besides we are much better off with non believers, nay sayers and pitchfork carriers anyway!

Steve Lawson "

This is going to get good! Not at my computer so won't be able to answer him until later today, but answer I will. But I loved how he left out all of his MLM programs he participated in and I didn't even mention Zeek or JBP. This clown is too funny.

Quote:

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Originally Posted by The infamous Steve Lawson,

I was a financial advisor for Bear Sterns for many many years

Don't waste your time running background checks, because that makes no sense whatsoever. All of my licenses expired many years ago. You know, those licenses are only good for 24 months and expire when you are not registered at a firm. Those licenses are only required to make investments in other peoples accounts legally. I don't make investments in other peoples accounts, so get your facts straight!

But, like I said, the focus here is the site itself, not my background or anything else. Before a person starts, and becomes the head of a business on the internet that does business in the global market, There are many steps one takes, which involve attorney's, DBA's and a good amount of document signing to remove personal information from the internet and databases, especially when it is no longer relevant to my life. The best I can do is give you my cellphone number, skype, facebook, twitter, gmail, g+, instagram,

---

"Hold my beer" and "background checks make no sense whatsoever" precede more epic fails than any other words in the English language. This clown may have worked in the mail room for Bear Sterns but just showed the world he was never a "financial advisor" which is what the firms called their licensed brokers.

Attachment 12073

I wouldn't invest with this clown even with Whip's money, but if I did following the loosest interpretation of the law I would demand he and his frauduct be registered with the SEC. There is little downside, and a whole lot of CYA upside.


Definition of Investment Adviser
Section 202(a)(11) of the Act defines an investment adviser as
any person or firm that:

for compensation;

is engaged in the business of;

providing advice to others or issuing reports or analyses regarding securities.

Advising Others. Questions about whether a person advises “others” usually arise when a client is not a natural person. The SEC staff generally looks to the substance of the arrangement rather than its form:

(i)A general partner of a limited partnership
that provides advice with respect to the investments of partnership assets is advising others (the limited partners) even where the general partner may
have legal title to these assets. http://www.sec.gov/about/offices/oia...aze-042012.pdf

Quote:

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Originally Posted by The infamous Steve Lawson

you would know when you buy and sell real option contracts, you have the potential of earning 1000% times your money back, sometimes more. And not just "shorting a stock", imagine buying a put on blue chip stocks when the market is falling... CHA CHING, same when the market rises. If I buy an option contract for $50 and in a few days it shoots up and I sell it for $500, that is 10 times the money, or 1000%. Not too bad for a few days. Much different compared to outright stock buying/selling. But that is all besides the point.

---

If option selling strategies can be 80% effective, that means buying strategies can be 20% effective. 1 in 5 purchases win. Lose $50 4 times and win $500 once you are up $300 or six times. Anyone that frames a discussion any other way in my opinion has never traded options successfully. Tons of people love to talk about their massive wins, go to any party for that. It is what happened to the whole portfolio that sends many of those folks for some chips and dip.

A follow up note I highly and I mean highly doubt there are many traders in the world that consistently pull 5X profits 20% of the time trading options. Most of the transfer of wealth in options occurs from the buyers to the sellers with events like the recent 1000 point plunge being the great equalizer.

The last consideration is options are priced very efficiently, one is not trading against a bunch of idiots that just hand over 5x trades.

Quote:

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Originally Posted by The infamous Steve Lawson

And besides, no one needs a license to join a binary options site to make trade

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Yes, but brokers need to be licensed to solicit funds from US investors.


:NO:Can offshore "brokers" trade with US residents?:NO: Binary Options Legal US

In the case of off-shore platforms offering binary options to retail customers in the United States, the answer to this question is a resounding "No".

As the Director of Enforcement for the CFTC stated in connection with a recently filed lawsuit:

"It is against the law to solicit U.S. persons to buy and sell commodity options, even if they are called ‘prediction’ contracts, unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt."

Quote:

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Originally Posted by The infamous Steve Lawson

How about this, ONE YEAR FROM NOW, we'll both read back this forum post. If mybinaryprofits is not way over and above $500,000 in payouts, then you can say whatever you want. If mybinaryprofits stalls, drys up or whatever the case, if things are not going well, then you can say whatever you want. BUT, until we get to that point,

---

The problem with this approach is people's money will be long gone by then. As satisfying as being an "I told you so" can be it feels even better when sensible people have kept their money safe.

Quote:

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Originally Posted by ribshaw

I wouldn't invest with this clown even with Whip's money

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by all means......take all you need:

http://www.youtube.com/watch?v=LXJ1tfzTogA

He's counting on the fact that Bear Stearns went out of business in 2008-2009, so you can't check with personnel to see if he really was employed there at any time. There are so many holes in his BS that it is going to be fun taking them apart one-by-one. Let's see how long he engages me before he runs for cover and leaves it up to the other sycophants to cover for him. As I said, this is going to be fun!

Quote:

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Originally Posted by EagleOne

He's counting on the fact that Bear Stearns went out of business in 2008-2009, so you can't check with personnel to see if he really was employed there at any time. There are so many holes in his BS that it is going to be fun taking them apart one-by-one. Let's see how long he engages me before he runs for cover and leaves it up to the other sycophants to cover for him. As I said, this is going to be fun!

---

That's true, but even his expired licenses (if they existed) are a matter of pubic record. I am going with running for cover, seems like that started with his first post.

Quote:

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Originally Posted by ribshaw

That's true, but even his expired licenses (if they existed) are a matter of pubic record. I am going with running for cover, seems like that started with his first post.

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You are so right, and FINRA does not have a record of him ever holding a securities license of any kind. Before I responded in total to his post, I asked him to confirm the basic info that was first posted about his background. I wanted to give him a chance to confirm it or point out any discrepancies before I got into the details of his post. This way he can't come back and say I was using false information.

As for Bear Stearns, if he says the story is true about his retiring from Bear Stearns in 2007, then I can expose that he didn't retire he was laid off like everyone else at the firm. Mass layoffs at Bear Stearns started in 2007 and the rest happened in late 2008. JP Morgan did retain the top producers from Bear Stearns, and he sure wasn't one of the financial advisors they kept. Let's see if he answers me and what he has to say, and then the fun will really begin. It is fitting don't you think that the initials for Bear Stearns is BS!

Quote:

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Originally Posted by EagleOne

He's counting on the fact that Bear Stearns went out of business in 2008-2009, so you can't check with personnel to see if he really was employed there at any time. There are so many holes in his BS that it is going to be fun taking them apart one-by-one. Let's see how long he engages me before he runs for cover and leaves it up to the other sycophants to cover for him. As I said, this is going to be fun!

---

How does Ken sleep at night.

If I were scamming people everyday I would sink into a deep deep depression.

It is likely that even my own family members would shun me.

I would have no self-respect.

What a horrible life to live.

A scarred conscience is the worst thing in the world to have.

Well, Steve confirmed that what I quoted about his bio was correct, so I responded to him. When I finished my post, he was reading the thread. I just checked to see if he had replied to my post, and was somewhat surprised he hadn't, but he also was no longer reading the thread. I don't think he liked my reply.

Quote:

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Originally Posted by EagleOne

Let's see how long he engages me before he runs for cover and leaves it up to the other sycophants to cover for him. As I said, this is going to be fun!

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I'd rather see how long it takes you to send him a PM and invite him here to be our guest....:RpS_smile:

Quote:

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Originally Posted by okosh

I'd rather see how long it takes you to send him a PM and invite him here to be our guest....:RpS_smile:

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That would be nice, I'll have the missus dust off the fancy tupperware case we get company.


Maybe ladytrader too, if I found out someone I sent money too had just been caught in a lie a different line of questioning I might take.


Lynndel Board Message

post Today, 12:11 PM
Post #56



Steve: Thanks for answering. As for what does your personal life have to bear on your company? Everything, because if you aren't truthful about it, then why should you be believed now?

By your own admission you said you were a financial advisor for Bear Stearns for many years. That would be really hard to do because as a financial advisor you had to be registered and licensed with FINRA. FINRA has no record of you ever being registered at Bear Stearns or anywhere else for that matter.

If you and your team "manage" 60 binary accounts, you also have to be registered and licensed. You are not licensed with NFA either.

And by the way, in regard to this claim of yours, and I quote: "But seriously though, as a financial adviser, I would talk to my clients about doing something on the side to generate additional income and try to point them in a direction I felt was more suitable for them." You would have been fired at Bear Stearns. This is against the SEC regulations and the policies of Bear Stearns, or any brokerage house for that matter. So if you really were doing this, it might explain why you "retired" from Bear Stearns in 2007. Then again Bear Stearns was laying people off like crazy in 2007 and closed their doors in 2008. Just so you know, in the brokerage business you are called "financial advisors" not financial advisers. Oops.

I also have to question just how good of a financial advisor you were, especially since you say you worked for Bear Stearns, that you were in the Ponzi Zeek Rewards.

But on the bright side, I do believe you when you claimed you were in all those MLM companies. Guess you weren't too good at it or you would still be in at least one of them.

The people who know how this game is played could care less about your background, but you see they are going to take your bio information and use it to convince people that you really know what you are doing and get them to join your program. Now they are going to know that your bio is highly questionable as to all the wonderful things you claim you have done, and in fact your claim of being a financial advisor for Bear Stearns is shall we say all BS.

And just think, I have barely scratched the surface.


================================================== ====================

ladytrader

post Today, 01:27 PM
Post #57

Just wondering when you start to see earnings... are they added daily or weekly or at the end? I joined on 9/11/15 but have yet to earn anything. So just wondering how it works, please.:shocked: