Quick Summary of Society of Millionaires
Rating: 1 I would love to give a negative rating, but I can't.
The Good: None whatsoever.
The Bad: It uses a dead man's identity to help promote its system! It also lies from the beginning and is nothing but a front for a standard Binary Options scam.
The Bottom Line: This "system" not only lies to you, but it only offers a high risk, no guarantee of making money online: Binary Options. If you want a way to build a real business, read my top recommendation.
Society of Millionaires Review
Do you know what one of the best ways to succeed in any given profession is? That’s right, it’s to learn from someone already successful in that particular area.
This applies from learning to be a plumber, to learning how to make millions on the stock markets.
Of course, you need to actually first find a mentor and actively learn from them and experiment with your own ideas.
It’s not the only way you can succeed of course, but leveraging the knowledge and expertise of someone else increases the likelihood of your own success.
The narrator in this week’s review, positions himself as an experience trader and multi-millionaire, someone that, if you didn’t know better, would make an ideal springboard your own wealth.
Society of Millionaires Pitch
The program in question, Society of Millionaires, is unfortunately yet another Binary Options scam.
The sales page contains various markers intended to increase your trust in the pitch as well as invoke a sense of urgency: a countdown of the number of available spaces, a count of the number of people viewing the page, and a count of how much money members have made in the last hour.
Unfortunately this is all BS – it’s generated by a programming script and will reset if you refresh the page.
The sales video that is the main focus of the sales pitch is also decidedly dodgy.
It starts with 4 very brief testimonials from people obviously hired from micro work sites like Fiverr, who give their (fake) name and tell you that they are millionaires, while a screenshot of a bank account flashes up.
There’s no verification here, you can’t confirm this is real, and I’m of no doubt that is it pure fantasy.
From there the video spends several minutes absolutely drumming into you that this system is 100% free and will cost you no money.
This is actually a truth: the system itself won’t cost you a thing, but actually using the system will. This is because it’s merely a front to a basic binary options signals system (supplied by most Binary Options brokers…) and all that the person behind this website wants you to do is deposit money into the broker, so they can get a hefty commission.
The video continues with typical marketing tactics of instilling a need for you to use Society of Millionaires. It focuses on how awesome it is to be free of financial worries and to be able to spend as much time as you wish with family and friends.
A short “rags to riches” story follows this, describing how the narrator was used to driving about in an old beat up Toyota, but now goes on fancy holidays, sends his kids to posh schools and owns a 70’ yacht.
A fancy yacht picture, just plucked from a Google search for the word yacht.
Of course, this is intended to simply make you dream: dream of not having to worry how you are going to pay the bills, or dream about sipping a cocktail from the deck of a 70’ yacht!
You would be surprised how quickly your greed will kick in, especially if you are struggling with your own finances.
It’s easy to grasp onto something that promises the world, hoping that it will help you get out of the fix you’re in.
The problem is that anything that promises the world (or 70’ yachts) is normally pie in the sky. Combine that with the fact a Binary Options affiliate is behind this website and you have a recipe for a disaster happening to your wallet if you sign up!
From there the video then raises a finger to the “man” and the narrator tries to separate himself from the “old, arrogant rich people” and the 1%, in order to gain your trust.
Then it swoops back on itself and pushes the “rags to riches” again, stating how the narrator tried everything and that this system is so different and works where things like affiliate marketing don’t.
He gets invited to the Society of Millionaires by one Ralph Klein. I wonder what the 12th Premier of Alberta, Canada, Ralph Klein, would say about the usage of his name and signature on this document.
Is he really involved in this ultra-secretive society? I highly doubt it as not only is he an outstanding Canadian citizen, he also died in March 2013…
The invitation letter. Compare the signature to the one below.
Ralph Klein signature. Courtesy of Wikimedia Commons.
The Bottom Line
At the end of the day, Society of Millionaires is just another bogus system, invented by an imaginative but unethical Binary Options marketer with one purpose in mind: to part you from $250 or more so that they can make a commission.
Even though this video was obviously made in 2014, I’m concerned it is still effective in guiding the unwary to their, financial, doom.
Binary Options are a high risk venture, and when unscrupulous individuals target the niche to make a quick buck, and the Binary Options brokers turn a blind eye to such behaviour, you should know it’s an unwise choice to get involved with it.
My opinion is clear: stay away from Society of Millionaires, it’s a scam!