They send about two or three e-mails a day. This one says "final notice" but I am guessing it won't be the last I hear from them:
This is your final notice.
Your account is about to be cancelled.
Please activate your account to receive
>>> Activation link here
This will expire within 4 hours.
- Rick Daniel
Lazy Trader APP CEO
The same day, I get this e-mail. This makes about 20-30 e-mails I am getting from this company:
HelloMost folks would see this as a clear scam. A lot of folks don't though, which tells us volumes about how our average fellow man thinks. Our average fellow man is an idiot, sadly to say. This is not to be vindictive. I feel sorry for these folks. I also get angry that they are exploited, routinely, by folks. But then again, they let themselves be exploited, so it is sort of a wash, I guess. People are their own worse enemy.
Your New Done-for-you Cash source is Ready.
You just Need to Activate it Here <<<
A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. While binary options theoretically play a role in asset pricing, they are prone to fraud and banned by regulators in many jurisdictions as a form of gambling. Many binary option outlets have been exposed as scams. The U.S. FBI is investigating binary option scams throughout the world.Many binary option "brokers" have been exposed as questionable operations. In those cases, there is no real brokerage; the customer is betting against the broker, who is acting as a bucket shop. Manipulation of price data to cause customers to lose is common. Withdrawals are regularly stalled or refused by such operations. Though binary options sometimes trade on regulated exchanges, they are generally unregulated, trading on the internet, and prone to fraud. The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have issued a joint warning to American investors regarding unregulated binary options, and have forced a major operator, Banc de Binary, to cease operations in the US and pay back all customer losses. In Israel, where a high concentration of such firms can be found, binary options trading was prohibited for Israeli customers in March 2016, on the grounds that it is a form of gambling and not a legitimate investment technique. A ban on marketing of binary options to overseas customers is under consideration.
This "binary option trading" makes about as much sense as penny auctions. In other words, none.
UPDATE: The same, desperate e-mails are now flooding my inbox from "Tesler Investments". Again, how this is marketed is all you need to know to figure out whether it is a scam or not.
There are people who bite on this nonsense? I guess so!