- 1 What Have Victor Lambert And The Brothers Grimm In Common?
- 2 Mr. Victor Lambert, creator of Guaranteed Wealth, an Internet Marketing Product
- 3 The Tale of “Guaranteed Wealth” (narrated by yours truly)
- 4 The Secret Of Guaranteed Wealth
- 5 Why Victor Wants To Give You Guaranteed Wealth For Free
- 6 The Facts About Guaranteed Wealth – The Review
- 7 Final Words About Guaranteed Wealth
What Have Victor Lambert And The Brothers Grimm In Common?
Every child knows the popular fairy tales “Cinderella, The Frog Prince, Hansel and Gretel, Snow White and Rumpelstiltskin” by the brothers Grimm.
The Brothers Grimm are among the best-known storytellers of Folk Tales and published the first collection of their work, “Children and Household Tales”, in the year 1812.
However, they were not just writers and story tellers. One of their goal was researching a scholarly treatise on folk tales, they established a methodology for collecting and recording folk stories that became the basis for folklore studies.
Between 1812 and 1857, their first collection was revised and republished many times, growing from 86 stories to more than 200. In addition to writing and modifying folk tales, the brothers wrote collections of well-respected German and Scandinavian mythologies. (source: Wikipedia).
The combination of being researchers and writers with an unequaled imagination made the Brothers Grimm the best ever writers of folk tales.
Over 200 years later, I like to introduce you to the reincarnation of the Brothers Grimm:
Mr. Victor Lambert, creator of Guaranteed Wealth, an Internet Marketing Product
You see, Mr. Lambert (if this is his real name), launched this new product just a couple of weeks ago. The story he tells in his sales video is so “fairy tale” like, it could have been scripted by the brothers Grimm.
The Tale of “Guaranteed Wealth” (narrated by yours truly)
To be precise, he GUARANTEES, regardless of what you have ever seen online; “this is guaranteed”. You will get rich beyond your wildest dream, making $10.000.00 a week, for the rest of your life.
This is done by using a system that’s 91.4% accurate; all the time!
He goes on saying “This is guaranteed because my team and I will do it for you. Welcome to the first Guaranteed Money System”.
And you can have all of these things too. “Today,” Victor says, “is the first day of the rest of your life. You will be richer than you can imagine. And it is FREE. I don’t want a single cent of your money“.
But this is only the prelude to the fairy tale. And so the story continues:
The Secret Of Guaranteed Wealth
Casually he throws in few names like Google, Facebook and Coca Cola, to let you know that he was a very important man, in the good old days.
He makes it an important point that computers communicate with each other via networks and he, as senior network specialist, had access to all the log files (in the old days, they called ‘em the “Witch’s Recipe Book”).
And on a bright and sunny day, or maybe it was raining, Victor noticed something very strange. He calls it an “Anomaly”.
It’s not a “loophole”, a “glitch” or “some other hack” that are not legal, are unreliable or may stop working altogether. Oh no, it’s an ANOMALY.
“And this anomaly will be there forever”, Victor explains. “It takes a fraction of a second for information to be passed from one computer to another”.
This tiny micro-delay enabled victor to analyze, which way the price of a commodity or asset is going and the binary option trader Victor emerged.
From this day on he used this “Timings Anomaly” for his trades with success, he claims. The big breakthrough came after he met Nigel, a genius programmer. Together they tweaked the software to the point of 91.4% accuracy.
But the story does not end here. Despite the fact that the program works completely on autopilot and made Victor immensely rich, the poor sod is not happy.
Why Victor Wants To Give You Guaranteed Wealth For Free
He even spends time on a private island somewhere in the Caribbean. But he is missing some company and folks to share all of his wealth with.He decided to “widen his inner circle” of equally rich people.
Exactly by 90 new members, not one less and not one more. He does not need any of your money. He obviously has enough, so you can get rich too if you decide quickly and join Guaranteed Wealth.
And so ends the tale as told by Mr. Victor Lambert.
The Facts About Guaranteed Wealth – The Review
I hope you enjoyed the little fairy tale Victor Lambert is spinning to lure you into binary option trading. Watching the video numerous times gave me some good laughs though. But let us get serious now and take a real close look at this Scam.
1) It Is Not Free
Contrary to what Victor says, signing up with Guaranteed Wealth comes at a hefty price. True, the use of a trading software is free, but in order to consummate any trades, you need to make a deposit with a brokerage of Mr. Lambert’s choice.
The minimum deposit is $250.00, which seems to be the standard in this shady industry.
2) You Will Not Get A Refund!
Mr. Lambert is telling an outright lie when he says you that you can request a refund of your initial deposit. The truth is that you need to make a certain number of trades (between 40 and 70) before you are allowed to withdraw money from your account.
By the time you reach this threshold, your deposit is most likely gone and there is nothing left to withdraw.
Many people learned the hard way that they had been had. I know of people who lost sums in the 10s of thousands of dollar. There is no legal recourse because 99% of all brokerages are located in Cyprus, the Seychelles or any other offshore locations without regulations.
3) You Will Not Make A profit!
Let me assure you that the odds are stacked against you. First of all, binary option trading is very risky. Only the most experienced traders, with almost unlimited funds, can make money. (for info about BO trading see this Wikipedia entry – about the risks involved, read this Forbes article).
Binary Option trading is a gamble, not unlike playing Black/Red on roulette. You bet on only 2 possible outcomes:
- CALL/UP if you think a commodity or asset will be up at a certain time
- PUT/DOWN if you think a commodity will be down at a certain time
If you win your bet, you receive about 70% of your bet as profit (30% broker fee)
If you lose your bet, you lose the entire amount of the bet.
The brokerage however, will receive a 30% commission no matter of the outcome of your bet.
4) The Software That Is 91.4% Accurate Does Not Exist
I do not know the exact number but there are over 100 of these binary option Scams you can find on the Internet. They all operate the same way and each one has a program that is supposed to predict the outcome of trades.
There are similar tales about a poor schmuck stumbling upon a “glitch in the program, found a loophole of some sort or met some kind of genius who created a miracle system”.
Fact is that all brokerage houses do use some kind of software that “reports” a trend in the behavior of the market. But these are reports of what has already taken place and the “trending modules”, programmed by humans, are simply guess-work.
5) Why Then Bother With Products Like Guaranteed Wealth?
Obviously, there is a lot of money to be made. Of course, the brokers make plenty of dough, regardless if the players win or lose.
And there is an army of affiliates that makes hefty commissions for every account that is created through their efforts. Do a simple Google search for “guaranteed wealth review” and look at all the so called reviews on the first three result pages.
You may find a couple of “honest reviews” that in fact do expose this Scam (mine included if it got ranked high enough). All others are affiliate sales pages with links to the sales video. I will leave it up to you to figure out why that is.
Do I believe that Victor Lambert is the real owner of Guaranteed Wealth? It seems that Mr. Lambert is a paid actor, hired to narrate the sales video. When I filled out the form to get access to the actual purchase page, I noticed a redirect to binarypromos.com, which is not accessible without an affiliate-link extension.
That added fuel to my suspicion, that most of these binary option products are the brain child of the syndicate of Internet Gurus that is exploiting the vulnerable and unsuspecting folks.
It took about 30 seconds before I finally arrived at CVC Option, the brokerage of Victor’s choice. Leaving without making a deposit, I ended up at the website shown in the screenshot below.
Here is the complaint from one unhappy customer requesting a refund He left the comment on forexminute.com, which may or may not have a business connection with CVC Option (I could not find proof either way).
But if you would like to know how the “no refund system” and the “matching bonus system” work, check it out here.
Then I went to the affiliate page at CVC Option and learned that every new account is worth $250,00 in commission AND that there are NO REFUNDS and NO RESERVES!
Now you know who makes money. The Brokerage and their Affiliates. You, as a player, will lose your money.
Final Words About Guaranteed Wealth
Mr. Victor Lambert tells his tale, I told and showed you the truth about this Scam. If you still think you need to try it out, go right ahead. I cannot stop you. If you have some money to throw away, you may as well go to a casino close by or go to Vegas and have some fun doing so.
Binary Option trading is not for me; neither is making a buck by selling this crap. I make my money online, but I chose to make it the old fashioned way – working for it, instead of trying to scam other folks out of heir hard earned money.
I have reviewed several of these products in the past months, and will keep on doing so as long as a new one pops up every single week. There are so many that I gave this genre of internet scams its own category.
My Verdict: Guaranteed Wealth is an outright Scam – 0/100 points
If you want to make money online, I can help. I learned how to do that at My #1 FREE recommendation. I am not saying that Wealthy Affiliate is the right thing for you. This is for you to determine. What I can tell you however, is that is 100% FREE to ‘take look behind the curtain’, take 10 lessons of the Get Started course, and at the same time, build your first website.
The table below shows you how Wealthy Affiliate compares with Guaranteed Wealth.
There is no scam, no BS and no guaranteed systems. Like I said before, it’s absolutely risk free and you don’t have to spend a dime out of pocket.
That’s all for today. I hope you liked my review and I would love to hear your opinion. So, don’t be shy and chime in on your way out.
I am John. If you have any questions about this review, feel free to leave a comment in the box below. We also would like to hear from you if you have had any experience with Guaranteed Wealth or any other of these scams.