Copy Buffett scam seems to be generating a lot of positive reviews on the internet, but don’t trust them easily. There is a reason why there are so many fake reviews out there, and we will reveal it in our Copy Buffett scam review. Make sure you read to the end.
Name: Copy Buffett
Owner: Jeremy Fin
Price: $250 min. deposit
Legitimate? NO, IT’S A SCAM
(full list of all reviewed scams)
Copy Buffett Review
Copy Buffett is a scam
Like many other binary trading software scams, Copy Buffett uses a highly exaggerated and fake headline to attract the attention of unsuspecting internet users, and lure them into watching the scam video.
Jeremy Fin, the alleged owner of Copy Buffett scam claims to have engineered a fully automated software to copy the strategies and trades that Warren Buffett would make in the binary options arena.
First of all, if you know a little bit about Warren Buffett, you would know that he is well known for his value investing strategy that turned him into a billionaire.
He buys good stocks at a discounted price and hold them for a long period of time (for years). For example, he is still holding the stocks of Coca-cola (KO) in which he bought in 1987.
Binary options works in a completely opposite way. Binary options is a form of active trading that borderlines on gambling, where you predict the market direction within minutes.
Warren Buffett DOES NOT trade binary options, and even reputable financial website like Forbes warns you against gambling on binary options.
It’s clear that Jeremy Fin and Copy Buffett scam are aiming to deceive the general masses by using Warren Buffett’s reputation in their sales materials.
Fake Members and Testimonials
Fake testimonials are used in Copy Buffett webpage to promote the scam
Within the sales materials of Copy Buffett scam, you will notice quite a few member testimonials that claim to have profited from the software.
We’ve found a few stolen pictures from the internet, and we are displaying one of them in the image above. The fake member profile in Copy Buffett scam is Floyd Lucas, complete with his profile picture.
However, once we decided to reverse search the profile picture, we traced it to its original source from APKpure.co.
The real name of the member in question is Sebastian Santiago. His picture was stolen from the site and reused as a fake member on Copy Buffett to promote the scam.
Hidden Truth of Copy Buffett Scam
The hidden truth behind Copy Buffett scam
(click to enlarge)
As good as Jeremy Fin tries to make Copy Buffett software sound, he is hiding some some important truth inside the user disclaimer.
You can verify the authenticity of the terms quoted here via this URL: copybuffett.com/terms. You will not see this document anywhere in the sales materials, because it is supposed to be hidden.
You can only find it at the bottom of the website, linked by an extremely small fine print that reads “user disclaimer”. Not only that, it’s deliberately made very hard to read to discourage you from reading.
I’ve underlined the important terms in red, but I’ll write them out and interpret them here:
- Earning potential is entirely dependent on the person using our product, ideas and techniques.
- We do not purport this as a “get rich scheme”.
- Any and all forward looking statements here or on any of our sales material are intended to express our opinion of earning potential.
- In fact no guarantees are made that you will achieve any results from our ideas and techniques in our material.
From these few terms, we can understand the truth behind Copy Buffett scam:
- Despite touting Copy Buffett software as fully automated money making software, somehow your earning potential is entirely dependent on yourself.
- Despite giving the guarantee of making $1978 daily profit, you shouldn’t view Copy Buffett as a “get rich scheme”. This is because scams like these are illegal in many jurisdiction, and the scammers are trying to escape legal issues with this clause.
- This is important – all profits and earnings shown in the sales material are intended to express the scammers’ opinion of earnings potential of the software. To put it simply, all results shown are not real!
- Contrary to what Jeremy promise in the sales video, Copy Buffett scam is denying any guarantee that you will make money from this scam.
Fact #3 alone should be enough to steer you away from the scam. How can you trust a software that doesn’t report real results?
This disclaimer is here for the sole purpose of helping the scammers escape legal complications when investors lose all their money with the software.
Why Are People Still Promoting Copy Buffett Scam?
Can you still trust review sites like BinaryOptionsWatchdog?
Surprise, surprise! This scam was brought to you by the scammers behind Google Trader scam, and ironically Binary Options Watchdog which is supposed to help keep people from scams.
The truth is, Copy Buffett scam is paying any affiliate who successfully scam internet users a commission of $275, once the victims deposit into their account. That’s the reason you see so many positive reviews out there.
Sadly, in cases like this, the reviewers are swayed by the commissions and choose to endorse scams. As an internet marketer, it’s inevitable that I endorse products too, but I choose to recommend only products that genuinely help people.
Copy Buffett scam pounce on money seeking victims
I could’ve written a raving review for Copy Buffett scam and encouraged my readers to sign up, and I’ll earn a nice $275 commission once they deposit into their trading accounts. In fact, it’s a lot easier to write than to look for evidences and expose this scam.
However, I’ve been a victim of binary software scam before and I don’t want my readers to end up the same. I do realize that I’m revealing the secrets of many affiliates out there, but this is what I’ll do if it means saving a few of my readers from the scam.
There’s no click-and-get-rich software, because such thing simply doesn’t exist. You need to put in time and effort to make money online.
Is Copy Buffett a Scam?
YES, COPY BUFFETT IS A SCAM. We strongly advise you to stay away from the scam if you don’t want to lose your hard-earned money.
You’ll be better off spending that $250 deposit for a nice dinner with your family than wasting it on a scam like this.
If you want to make money online, there are much better alternatives than trying your luck with binary options:
Have you encountered any online scams before? Personally I’ve fallen for a few before coming across the legitimate one, so let us know in the comments below if you have any personal experience to share!