Forex Paradise – What is Forex Paradise
Is Forex Paradise A Scam
Hello, Jason here with yet another scam review. This scam is potentially dangerous because most of the first page reviews on this scam are positive. This puts people at a higher risk to loose money because rarely do people look further than the 2nd or 3rd page on a search engine before making a decision.
They almost had me but $25 USD is nothing as long as I can get this review out there. My colleagues and I are making an honest effort to get these positive reviews off the first page. After further investigation it was a no brainer to change my opinion of this so called opportunity. I don’t care how good you are at trading in the forex market the claims forexparadise.biz make are simply unrealistic. I’m going to go ahead and just get right into it.
Name. Forex Paradise
Owner. Stefan Hendriks (If he’s even real)
location. Hong Kong
Satellite Office. London
Scam Warning. Yes
Overall Rank. 0 out of 100
My name is Jason, I’m known in the affiliate marketing world as the scam exposure guy. I’ve been reviewing and exposing work at home scams for a while now.
Most of the time I have to join these sites so I can give the most accurate and up to date information possible to my readers. I have to say this one caught me off guard a little.
I’m just starting to get into trading in the forex market. One thing I am noticing is that there are just as many scams in trading online as there are in the affiliate marketing business. You can read more about me on this website but I’d like to get right into my review.
Remember Scam artists are good at what they do so knowing what to look for is HUGE when trying to identify a scam.
Forex Paradise Review
My 1st. Red Flag was the picture on the Forex Paradise landing page. Both the woman and the man looked extremely familiar to me.
I went Back to a review I did about a year ago on a to z cash system and there she was, she is a model and a fiverr.com actress. I provided a link to my review so you can see for yourself.
Same thing with the man in the picture, he is a model also. So you are a CEO of a major investment company and you can’t even put your real picture on your website. This raised a question I had to find out. IS Stefan Hendriks Real? (I’m not so sure but probably not)
Still not convinced? Here’s more proof that this website is a fake ponzi scheme. I left the screenshots untouched so you can see anyone can go online and get this information for themselves.
My 2nd. Red Flag was the office locations for the company. These are virtual office’s! Basically I could go to Rm. 301, 43 San Fung ave, Sheung Shui, N.T. Hong Kong or 30 Fenchurch Street, London, England, EC3M 3BD and rent office space put a telephone in this office and have all calls redirected to a location of my choosing.
Here’s the thing with these type of schemes They are fairly easy to set up and shut down.
In the beginning a few of the people who get on board will make some money, at least enough to keep them quiet. You build a flashy website pay a few fiver.com actors to give a fake testimonials, rent a small office in another country, put a telephone in the office and your in business.
When the company runs out of investor’s and they have squeezed as much money out of the business as they can they simply stop paying rent take off with all the money and set up shop with a new name and address and all they have lost are a couple telephones.
Are you starting to get the picture? This particular company is already working on it’s next scam. I found a website that looks exactly like Forex Paradise only a different name so keep an eye out for wings2success.com in the near future.
Read Wikipedia definition of a Ponzi Scheme here.or short definition below.
Pon·zi scheme/ˈpänzē ˌskēm/noun
My 3rd. Red Flag were the Fake testimonials. First of all if you were running a reputable business you wouldn’t need to pay actors to read a pre written script and lie, you would have genuine and natural comments on your website, linkedin,or some other other social media. You will see what I am talking about at the bottom of my review.
My readers trust me and take time to leave genuine and natural comments. I don’t need to hire actors to give True Prosperity Online Positive Testimonials. My readers and followers trust me because I am upfront and sometimes brutally honest. Transparency is key when earning trust online. I honestly can’t find anything trustworthy inside Forex Paradise.
My 4th. Red Flag were the numbers. Okay like I said earlier I am not a experienced investor, I am however smart enough to know that return like Forex paradise claim to give are simply unrealistic. One of the richest men in the world, Warren Buffett made his billions over the course of 40 years with about a 14% return on his investments. These guys went straight for the Gusto offering a returns starting at 430% up to 1777%. The 2 plans offered at Forex Paradise Are the Classic 430 and the superior 1777 I will provide screenshots below so you can see these outlandish claims for yourself. Take a look and tell me if you think this is realistic because I certainly don’t.
- Free To Sign Up
- High Return Claims (If this is real)
- Website Looks Flashy and Fake (common with schemes like this they mesmerize you with a Flashy Site)
- CEO’s Photo Is Fake
- Use Of Virtual office (Very scary they could shut down tomorrow and just disappear with your money)
- Fake Testimonials (Huge RED FLAG uses fiverr.com actors to promote and downright lie about FP)
- Stefan Hendriks doesn’t have any real or solid information on Google or Linkedin
- The possibility this is another Ponzi Scheme are EXTREMELY HIGH)
My Final Opinion
Okay so I have shown you all the facts and went out and did all the research necessary. I’ve also gone inside Forex Paradise and provided you with my sources of Information. That being said I just cannot recommend Forex Paradise to anyone. There are way to many red flags that jump out at me. Therefore my final thought is that Forex Paradise Is a Ponzi Scheme or some other kind of scam trying to get our money. I know you were hoping it was real, I’m with you, who wouldn’t want to make that kind of return on a investment. Don’t worry I’m not going to totally ruin your day with this review. There is a light at the end of all this. Below I will show you how I earn my income online honestly and ethically. This has been my #1 Recommendation for years and I stand behind it 100%.
My #1 Recommendation
Let me Explain Why Wealthy Affiliate is and always will be my Top Choice and #1 Recommended opportunity. I first began my journey in 2011 (Seems Like Yesterday) and was astounded at how many scams there are in this niche. I tried for better than 2 1/2 years to make money online, only to get ripped off.
I finally found Wealthy Affiliate and it changed my Life forever. the training inside is definitely the BEST I’ve seen. They don’t just write it down they literally show you. Each lesson has a video walking you through the training every step of the way. I came from working in the collision Industry so for me this was huge.
Besides the training you have access to an entire community of people with all levels of experience at your fingertips, I have personally received help from Affiliate marketing Experts who have been doing this a long time. The owners Kyle and Carson are daily active participants in the community( I have received 1 to 1 help from each of them also ) You have 2 choices with Wealthy Affiliate, Free or Premium. That’s it no up-sells, just straight and to the point.
Join Premium Membership $49 monthly or $359 yearly
If you join Wealthy Affiliate and decide to go Premium within your 1st 7 days I am going to give you your first month for just $19 that’s a 59% discount. This will allow you to really dig in and see if this is a good fit for you. You will have Direct access to me any time you need me and direct access to the owners as well. You will also have a entire community of people all willing to help. You have to do me one favor though. All I ask is that you complete your profile upon joining. This will help me get to know what your goals are, it is also good so other members can get to know you as well.