Sleeping Money Machine – Scam or Not

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The introduction of online trading platforms has over the past decade made trading the financial markets much more accessible to everybody.

However, not everyone has the knowledge or experience to be able to trade the unpredictable markets successfully.

To help beginner traders have a better chance of success, many software developers have come up with this automated trading system which can trade the markets without any human intervention.

One such software that was recently launched on the internet is the “Sleeping Money Machine” (SMM).

SMM claims to be able to help its users to achieve as much as $2000 in daily profits.

We are curious as to whether the SMM system can really deliver on its promises or it is just another scam. To find out more, check out our in-depth review of the Sleeping Money Machine trading system.

What is the Sleeping Money Machine?

Based on the promotional video for the SMM system, this software is said to be the brainchild of an individual by the name of Robert Benjamin. According to him, the SMM system has helped him to make a few million dollars for the past few years. Accordingly, the SMM system is able to scan the global financial markets and identify any profitable trading opportunities.

This is how the registration looks like:

Apart from this, we were unable to find any insights into how the SSM system really works. In order to obtain more information about how the SMM system works, interested parties are asked to contact Robert Benjamin directly with their questions.

  1. To us, this is the first red flag that we noted about the SMM system as being a possible scam.
  2. Another sign which points to the likelihood that the SMM system is a scam is the unethical way which Mr. Benjamin installed a script on his website to force visitors to his website to watch the entire video sales pitch. We have to asked ourselves as to why would Mr. Benjamin have to force anyone to watch his entire sales pitch if he is so confident about the SMM system.
  3. Finally, we also noted an annoying browser pop up that keeps appearing every time we tried to exit his website. The pop up “warns” us of losing the chance to make more than $7000 in profits by the time we go to bed. The curious thing about this “warning” is the fact that the math doesn’t add up. In the promotional video, Mr. Benjamin claims that the SMM system is able to generate more than $2000 in daily profits. Given that there are 5 trading days in the week, this will roughly equal $10,000 in weekly profits.

So do you reconcile the $7,000 figure to a simple calculation that gives a total sum of $10,000?

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And if the $7,000 figure refers to the trading profits over a 24 hours trading period, then where does the claim of $2000 in daily profit come into the picture?

At the end of the day, we were left more confused than convinced about the earning potential of the SMM system.

Perhaps Mr. Benjamin’s target audiences are those who are extremely weak in basic math.

How does it work?

From our research and from what we can understand about the SMM system, it is just like any typical automated trading robot. The SMM system uses a trading algorithm to scan all available market data to pick out trends which can be exploited by traders. And based on the analysis of the data, the SMM will then try to predict how prices will move.

As to the mechanics of the trading algorithm, no information has been provided by its creator Mr. Benjamin. So this leaves us in an unenviable position of having to trust Mr. Benjamin whole heartedly without any solid proof that the SMM system actually works.

Final conclusion

At the end of our review on the SMM system, we can only come to the conclusion that the SMM is a scam designed simply to get unsuspecting traders to trade with unregulated brokers.

As such, we strongly recommend our readers to avoid signing up for the SMM system even though it is provided free of charge.

In short, don’t trust Robert Benjamin at all.

Binary Option Sheriff’s Sleeping Money Machine A True Scam Review

Learn From You

Published on Apr 9, 2020

The developers of the Sleeping Money Machine, have chosen this exact avenue to lure you into the trap of make belief. Innocent day traders, who may have come across this software for the first time in their lives, can be forgiven for falling into this scam. If we can help it, we will avoid our subscribers from doing the same mistakes.

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  1. 1. Sleeping Money Machine a True Scam Review Sleeping Money Machine is the most ridiculous name give to a binary options trading software. Sweet dreams that turn into nightmares. Cheap and cheerful? Not even that. More like cheap and very sad. Do not trust this software. Do not subscribe to this scam software before you read this unbelievable scam review. We have so far received so many complaints about the Sleeping Money Machine App that we have had to put everything down and have a look at this pitiful software. It is a cheap production, and “cheap and cheerful” is not the right attribute. It is a crying shame. Website under scrutiny, investigation, and arbitration isSleepingmoneymachine.com Robert Benjamin, is really a sad joke. He is the alleged CEO and founder for the Sleeping Money machine Software, that is claiming to make you untold fortunes. From information we have from harassed traders, we know that the complaints against this software are mounting high. In reality trading results are more averaging around 50-55% which we know not to be enough to make your capital grow. It actually eats away at your invested trades. Scam Fact that denounce the Sleeping Money Machine Software: Scam Fact under Review 1 Bradley Jenkins one of the happy testimonials on the Sleeping Money Machine scam is none other that a depositphotos.com of an African Man wearing a hat. This is utterly hilarious. We cannot believe the lengths that these atrocious scammers will go through to convince people of the authenticity of their verifications. But their lies are short lived, when we get down to investigating scam! Bradley Jenkins does not exist, nor do the magical $7500 profits he claims to have made
  2. 2. using this software. Scam Fact under Review 2 Binary Options trading remains one of the most legitimate manners with which to make money online. However, it is not without risks. Whenever a software implies, that is will deliver the goodies in the form of thousands of dollars, without any risk exposure, you should know that you are being taken for a ride. The developers of the Sleeping Money Machine, have chosen this exact avenue to lure you into the trap of make belief. Innocent day traders, who may have come across this software for the first time in their lives, can be forgiven for falling into this scam. If we can help it, we will avoid our subscribers from doing the same mistakes. Scam Fact under Review 3 If you try to exit the sales video, you will encounter the usual annoying pop-up that will appear on your screen and hinder you from leaving the page. The narrative is nicely put, and lures you back. If you think that you will be forfeiting anything by leaving the page, think of the potential of forfeiting your capital and run as fast as your two legs will take you. This Sleeping Money Machine is not taking you to your dreams, it is taking you to your nightmares. Scam Fact under Review 4 The Sleepingmoneymachine.com site has been registered on the 16th March 2020. This is exposed on the evidence below. Therefore how can it be possible to have an opportunity when you are asleep to earn $7890.23 is beyond reasonable logic. This is an outright, poorly thought out scam. This review will give more evidence. For a site that is just a few days old from writing this review, allT The testimonials, evidence, and substantiations are to be thrown directly in the BlackList Hall of Shame!
  3. 3. Scam Fact under Review 5 Robert Benjamin is not helping anyone, let alone thousand of day traders. Robert Benjamin is a bogus and fictitious personality. Try making a google search on the name and you will draw a huge blank on this “successful personality” There is no link in social media by the name of Robert Benjamin, and certainly no-one connected to the legitimate trading systems of Binary Options. Therefore this is a warning to day traders, to stay away from the scam site related to Sleeping Money Machine. Scam Fact under Review 6 The badges sported on the site are all non clickable! They are just a copy and paste decoration. McAfee, VeriSign, GeoTrust are all sites that are absolutely not connected to the Sleeping Money Machine site. They are just being sported to impress, but in fact the site is probably not safe to use. Sleeping Money Machine Fake Badges
  4. 4. Conclusion and Verdict for the Sleeping Money Machine. This scam review reveals that Sleeping Money Machine has 0% credibility. The alarming number of complaints that the BinaryOptionSheriff has already received about this scam site are worrying. If you think that loosing $250 is not enough evidence, then we suggest, that you do not try to subscribe because you may well fall into the trap of having a scam broker convincing you to pour more money into your account. Sleeping Money Machine is 100% Scam. Check out the newest software which is proving to be a successful Tool for your Trading Toolkit Beware and stay away. If you wish to consider a better exit clause and safer option to trading, you should consider only trading with Verified and Regulated brokers. If in the U.S. Nadex is the only regulated broker which gives you protection as a trader. If in the EU. You should check out our list of Regulated Brokers. Never trust Brokers that you have not carried out your due diligence about before funding. Get updates here: https://web.facebook.com/binaryoptionsheriff/ https://twitter.com/BinaryOSheriff Watch videos here: https://www.youtube.com/channel/UCQzLXiI43bo2ixwubB1KuOg/feed Read honest reviews here: http://www.binaryoptionsheriff.com

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16 Insane ATM Scams That You Wouldn’t Even Notice

It’s common sense that using an ATM requires a certain degree of caution, but if you think getting mugged at the machine is all you have to look out for, you’re in for a shock. ATM scams are getting more creative by the day, and you need to know how they work and what you can do to protect yourself against these money scams.

Just because a machine looks normal at first glance, it doesn’t mean it hasn’t been used for scamming money. ATM skimmers, cash traps, and system hacks are all becoming commonplace in the dark world of fraud, and most of the time, they’re fully concealed inside the ATM.

While there’s little you can do once the scamming device is already installed, you can dodge it by sticking to ATMs from banks you trust, covering your PIN from possible hidden cameras, and setting up transaction alerts on your bank account so you can easily intercept any suspicious activity. If you do become a victim of fraud, it goes without saying that issuing a scammer alert to your bank and canceling your card is a must-do.

Check out the most insane ATM scamming examples below, and don’t worry about being a little paranoid next time you use one – it’s your money you’re dealing with, after all.

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