Is Neo2 a Scam?


Is Neo2 a Scam?

Neo2 promises their Online Trading App can make you $4000 a week. They claim it’s because of their sophisticated use of weather satellites and highly advanced binary options trading algorithms. But, is Neo2 a Scam? My investigation reveals a surprising twist you should know about. Follow me as I expose the Devil in the details.

Product: Neo 2 Online Trading App
Product Website: neo2signals.co
Product Cost: $250 plus as much as they can steal.
Product Owner: Unknown
Opinion:  Not Recommended

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Is Neo2 a Scam?

Is Neo2 a Scam?
Neo2 Online Trading App website with Dr. Jack Piers.

Visit the Neo2 website, and you will meet Dr. Jack Piers, Ph.D. founder of the Neo2 Online Trading App. Dr. Piers introduces himself as a weather enthusiast and explains how his keen interest in weather, particularly solar and lunar cycles, lead him to develop software for long range weather forecasting.

His interest in weather goes beyond just the activity of the sun and moon to include how climate cycles impact the earth. Early in the development of the Neo2 Online Trading App,  Piers realized there was potential for using weather forecasting to predict winning trades accurately.

According to the Neo2 website, using satellites to predict the weather and weather’s impact on the economy may change how investors trade. And, by combining weather forecasting with advanced market analysis, Neo2 may be a form of legal insider trading.

Dr. Piers states that the goal of Neo2 is to create the world’s best online auto trading software.

To ensure the highest degree of accuracy, Dr. Piers recruited Michael Freeman, said to be one of the best binary options trading strategists in the world, a leading market analyst, and an online trading mentor. With Freeman’s help, Neo2 evolved into a leading trading software, but a third player was needed.

Amit Gupta said to be a Silicon Valley prodigy and to have inherited Steve Jobs’ mantle as a cult favorite CEO is said to be the brains behind the Neo 2 Online Trading App. Through his extensive experience, it was Gupta who developed the easy to use, Neo 2 three-click auto trader anyone can use.

Neo2 promises if you use their software you can make $4000 a week with such a high degree of accuracy, you can’t lose. If only it were true!

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The Neo2 video is fake.

Read the Neo2 website agreement and you will see that the video, and everything on the website, is as fake as Hollywood and intended for entertainment purposes only.

scam-definitionDr. Jack Piers, Michael Freeman, and Amit Gupta are characters played by actors reading a script. The accounts shown in the video are dummy accounts and meaningless.

The tie-ins to NOAA and NASA are meaningless too. There is no connection between Neo 2 and these government agencies. You won’t find Neo2 on Kickstarter either.

Likewise, the apparent endorsements of various software companies and media are fake. Nobody endorsed Neo2.

Neo2 is a scam.

Read the Disclaimer!

The first line of the Neo2 disclaimer states: “‘Neo2’ allows its users  to trade in highly speculative investments which involve a significant risk of loss.”

In other words, you could lose it all.

Why the Neo2 Online Trading App is free.

There is nothing special about Neo2 Online Trading App. Dr. Jack Piers and his team of geeks did not invent it. That’s just a story.

In the Neo2 membership area, before you can use the software, four things must happen. 1. You must give them your phone number. 2. You must create an account with their broker. 3. You must deposit at least $250 with their broker. 4. A Neo2 advisor will call you.

Your adviser is NOT your friend. The adviser is a professional telemarketer who will try to trick you into depositing a lot of money into your trading account.

Also, the broker associated with the Neo2 is not a legitimate broker. The US Securities Exchange Commission would call The Neo2 broker an unregistered broker. That’s like calling a car-jacker an unregistered chauffeur.

The truth is, the Neo2 broker is NOT a broker at all. The Neo2 broker is nothing more than a stranger in a foreign country trying to talk you into giving them your money.

The Neo2 Scam.

Here’s how the Neo2 scam works. If you join and open an account, you must deposit real money into the account to “activate” it and begin trading.

The so-called broker will let you win the first time. You’ll probably make about $4,000 in the first 24 hours since that is what the Neo2 website implies you will make. However, remember the money you make with the Neo2 Online Trading App is NOT REAL!

You cannot take this money out, and you cannot spend it. With the Neo2, real money only flows one way. Your money goes into the broker’s account, and it never comes out.

Winning $4,000 of digital fake money is the setup. If you stay in the game, you will lose big-time.

Your adviser will tell you that the more money you put into your account, the more money you can make and the faster you will make it.

If you fall for your “advisor’s” pitch, you might believe you will soon be a millionaire. If you do, you might take every dollar out of savings, borrow as much as you can on your credit cards, get a title loan on the beater, get a cash advance on your paycheck, talk your mother out of her retirement money and give every dime the Neo2 broker.

If you give Neo2 your money, here’s what will happen. Once they have your cash, they will lock you out of your account and your adviser will ignore your calls. Your money is gone forever. That’s the Neo2 scam!

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If you found this article helpful or have an experience with Neo2, please leave a comment below. Thank you.

28 thoughts on “Is Neo2 a Scam?

  1. This is really awesome of you letting us know about this scam. I really liked your video and how you kept it short and simple. Neo2 sounds like a really dishonest website. I find that really disappointing. These brokers seem really shady. I tried to find their website because I wanted to see what they said about their platform but I couldn’t find it. Do you think it possibly was taken down because it was a scam?

    1. Hi, Peter!

      I was still able to access the Neo2 website at least through the link in my post. The thing to remember is all of the binary option brokers are scams. There is only one legitimate binary options exchange in the United States that is registered and regulated by the SEC. All the other so-called brokers are just scams.

      Thanks for stopping by,

      Gary

  2. Thank you for being out there monitoring these scams. I have almost fallen for so many of them. Thank god I have no money to invest 🙂 I am glad there is an avenger out there pulling back the curtain on these thieves. I love your writing style too, very information, enjoyable and entertaining.

  3. Hey,
    This is unbelievable. Who would of known that you can predict trading just from the weather. This is the worst scam I have ever heard of so far. If you can make $4,000 a week, I think everyone would be doing it. Would you agree? This is pathetic. I am glad that you did a review on Neo2. I don’t know about everyone else but I would like to make some honest money online.

  4. Wow this is really disappointing, this app is clearly just a piece of garbage. Funny enough, I’ve seen another similar scam before that involves some sort of mind-breaking algorithm as well, at least on that scam the algorithm seemed believable. Using the weather however is just an absolute joke. To top it off they used an unlicensed broker ( probably not even a broker as you’ve said ), the whole thing is just a plan to suck your money I guess. Thanks for sharing man.

  5. Thank you so much Gary that was very informative. I had noticed these Neo2 emails in my spam folder but I just deleted it. From the information above i would have to say Neo2 is the worst of the worst! It must be true about a sucker being born every minute because this sounds way to “out of this world” to be true! WOW

    1. Hi, Deborah!

      You’re right Neo2 is awful and can potentially cause someone to lose thousands of dollars. Unfortunately, it’s not the worse. There are scams out there that won’t stop until they get $50,000 or more. I know of a scam that actually guides people into committing a felony. The scammers run off with the money and the victim goes to jail for a long time.

      The internet can be a dangerous place. That’s why it’s important to never risk more than you can afford to lose.

      Thanks for stopping by,
      Gary

  6. How do people get away with this kind of stuff? It is somber and disheartening to read articles like this revealing scams. Your article is very informative and well written. This is a quality website I intend to visit again in the future as it contains a lot of useful information. Thanks for exposing Neo2 as the scam it is.

    1. Hi, Leroy!

      I appreciate your kind words of encouragement. Thank you. It is amazing that scams like this can survive on the internet. I’m hoping that as the internet matures we will learn to spot scams more easily. Unfortunately, there will always be people who wish to believe it is possible to make fast easy money.

      Thanks for stopping by,

      Gary

  7. I’ve been wondering about this. I’m glad you pointed out that the software is nothing special that they came up with to make money by predicting the weather. There are so many scams out there that it’s really hard to know anymore what is legitimate. Thanks for doing the research. 🙂

    1. Hi, Shannon!

      Neo2 gives the old auto-trading scam an interesting twist with their claim of combining weather forecasting with trading. But, as you point out, that’s just their story. In reality, Neo2 is just a stranger in a foreign country trying to talk you out of your money.

      I guess that 99% of the make money online offers are either scams or worthless. This is why I recommend people only try offers that have a free trial that does not ask for a credit card. This is the only one I know of that is legit.

      Thanks for stopping by,

      Gary

  8. Thanks for the great reminder to not falling into the temptation for another get rich quick trap. I think that binary options are not a scam but to do it correctly you need to have tons of knowledge to trade it with income.If someone promises so much income it needs to be very careful

  9. Thanks Gary, Great piece of research and thanks for doing your bit to help people not fall into the trap. It is a really valuable service to provide. Do you get any problems with the people you expose? Just interested.
    Good luck and I hope people take you up on your offer to do this legitimately.
    Keith

  10. It is amazing how much fantasy and effort people put into scamming others. There is just no limit too what they will invent and what they will tell you in order to take your money.
    It makes me wonder, If these guys put their efforts into a legitimate business instead then they would probably succeed without hurting others.
    Thank you for this revew, hopefully it will prevent people from falling into this trap.

    1. Hi, Jojo!

      The Neo2 scam follows a pattern that is replicated in other auto-trading scams and the people behind it are off-shore. I suspect organized crime at some level may be involved.

      I agree that it would probably be easier, safer and perhaps more profitable to build a legitimate online business, but I think some people are psychologically so bent that cannot imagine a legitimate business, much less create one. They are probably sociopaths.

      Thanks for stopping by,

      Gary

  11. Hey there i just read your is neo2 a scam and i gotta say it’s a very well put together page and is very intresting as well.
    I have not heard of neo2 until now and you provided with a clear view on it and how it’s a scam and not a great idea to look into it any farther. That’s a very good thing to post as it helps people stay away from potentially harmful services.
    The images are great and it’s an easy read with a lot of knowledgeable points on this particular service. All in all i really enjoyed reading this and now i am informed of this potentially harmful product.
    Keep up the good work and very nice website as well!!!

    1. Hi, Jacob!

      I appreciate your words of encouragement. Yes, Neo2 is a stinker, an entertaining stinker, but a loser none the less. Unfortunately, there are dozens, if not hundreds, of scams very similar to Neo2 on the internet and more popping up each day.

      Thanks for stopping by,

      Gary

  12. Hey Gary,

    Thanks for sharing this Neo2 scam review. It truly is a shame that products like these make it so difficult for aspiring investors like myself to find actual binary options trading info.

    I’ve been wanting to learn how to invest in binary options but I keep running into scams like this one.

    It’s crazy that they’ve gotten away with taking $1000’s of people’s money with no repercussions. I mean I’ve heard of scams that promise you a nice income; but never one that keeps your money and doesn’t let you take it back out.

    Do you by any chance know of any binary options training I can look at?

    Diana

    1. Hi, Diana!

      Neo2 is a typical binary options auto-trading scam. The truth is, they really don’t have anything to do with binary options. Neo2 just takes people’s money.

      I would caution you against binary options trading. It is very risky. If you must, go with NADEX. They are a licensed binary options exchange. However, at best, binary options is not investing. It’s speculation.

      If you want to learn how to invest properly, study “value investing.” Value Investing is the strategy Warren Buffet used to make billions. Udemy has some excellent courses on value investing, but you might want to start with a book or two from Amazon.

      All the best,

      Gary

  13. I was so tempted to try this out but thanks to great articles like this I feel like I escaped the fire. You are right about the way to success being sustained effort and work, at least even if you fail, your bank account won’t suffer as much as through scams and you at least gain some experience.

    1. Hi, Veronica!

      Neo2 is a clever twist on an old binary options scam. It’s mildly entertaining, but that is its only value. As you mentioned, a person can go deep into debt, never make a buck and never learn a darn thing with Neo2.

      Making money online is very similar to making money offline. With commitment to learning how it’s really done, a person can become a student of the internet and learn many ways to make a full-time income online. Here’s where I learned.

      Thanks for stopping by,

      Gary

  14. emm. Neo2, just another scam on the net. Appreciate your effort on putting this up Gary. It’s a good post that educate those follower who believe in Neo2. Personally i didnt come across with Neo2 (luckily), but this will be a pre-caution alert for me when there is some product like this introducing to me. Thank for sharing!

    1. Hi, Nico!

      Neo2 is an interesting twist on the standard auto-trading scam. There really isn’t any trading going on with Neo2. It’s nothing more than a story to trick people into giving their money away.

      The twist about linking weather forecasting to investment is clever. The truth is, with regards to some commodities forecasting the weather might be helpful, but that is not what is happening here. Neo2 is a scam and nothing but a scam.

      Thanks for stopping by,

      Gary

  15. Thanks for the warning Gary. In general I am very sceptical towards any program that has to do with binary options. And this definitely sounds like a big scam.

    Interesting approach though to try to convince users that a lot of knowledge about the weather will help you to make over $4000 on binary options:-) Kind of funny, but at the same time sad that so many companies are trying to scam hard earned money from people that just wants a bit of extra income and a better life.

    Thanks again for the warning.

    Mikael

    1. Hi, Mikael!

      I thought weather forecasting was an interesting spin too. There is a thread of logic to it with regards to commodities, but Neo2 makes a lot of huge assumptions.

      The Neo2 sales video is so irrational, it reminds of a cartoon I saw posted in the Math Department of Clemson University. The cartoon, shows a student working out a very complex equation on a chalkboard. In the middle of the equation, in parentheses, there is a note that says “And then a miracle occurs.”

      That’s what it would take to make money with Neo2, a miracle.

      Thanks for stopping by,

      Gary

  16. Your clear and concise details regarding how Neo2 scams its clients out of their money is well done. It amazes me that these types of scams exist and people fall for it. I was not aware of Neo2 until reading this post, and I’m grateful for your Scam Avenger website. I look forward to reading more of your articles regarding online scams. Do you believe pyramid pay structures are scams or legitimate business models?

  17. Thanks for the post Gary! Really awful how these Neo2 guys create a fake video to fool people into thinking is real, and then write in the small print that that it’s fake!

    The fact that they insert a disclaimer negating the validity of what they’ve just suggested to be true, shouldn’t make it legal!

    Keep up the great work!

    Jerry

    1. Hi, Jerry!

      I agree. You would think the FTC would shut Neo2 down, but somehow they are allowed to continue there scam. It’s doubtful if many people read the disclaimer.

      Clearly, the purpose of the fake video is to make someone feel so greedy to earn lots of fast, easy money, they suspend disbelief and play along until they are financially ruined.

      Thanks for stopping by,

      Gary

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