In The Lexington Code sales video, you meet Michael Lexington, Chief Operating Officer of The Lexington Code. Mr. Lexington claims to have a special software that will make you rich, but closer examination reveals a crazy twist.
Product: Lexington Code
Product Website: lexingtoncode.com
Product Cost: $250 plus as much as they can squeeze out of you.
Product Owner: Cannot be determined
Opinion: Not Recommended
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Is the Lexington Code a Scam?
Visit the Lexington Code website, and you will see a professionally produced video of London with a sweeping panoramic of the skyline, people far below in the streets and a man in a business suit sipping champagne on the balcony of high-rise luxury apartment.
As the video continues, the character who moments earlier sipped champagne introduces himself as Michael Lexington, Chief Operating Officer of The Lexington Code.
Mr. Lexington holds a brown envelope up to the camera and explains it contains the legal verification of every trade The Lexington Code software has made in the past five years. The image of a fancy looking certificate appears on the screen as some sort of authentication that he is telling the truth.
Lexington promises you’ll be able to earn $126,000 every month with his software and that he’s giving his software away for free to the first 25 people. He explains that he needs beta testers. Although, in his charming British accent, he says he needs “bee-ta” tester.
Lexington claims that his trading software is the most advanced available anywhere and was designed by an actual rocket scientist. A moment later, after we see Mr. Lexington drive through the streets of London in a luxury car, we meet the young rocket scientist responsible for creating The Lexington Code software.
His name is Barry Storyk, and he’s the lead programmer for The Lexington Code. He looks to the camera and explains in complete gibberish how The Lexington Code will make you rich.
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Read The Lexington Code Disclaimer.
The truth is, The Lexington Code sales video is mildly entertaining, but it is NOT real. Michael Lexington is not real, at least not that Michael Lexington and the young rocket scientist, Barry Storyk is not real either. They are actors.
The crazy thing about The Lexington Code video is it encourages you to trade binary options, but when you read The Lexington Code Disclaimer, you will see that The Lexington Code does not recommend binary options. How crazy is that?
The Lexington Code Disclaimer clearly states that the sales video is for entertainment purposes only and that Michael Lexington, Barry Storyk and all the other lovely characters are actors straight out of central casting.
The Lexington Code wants to entertain you out of your hard-earned cash.
What the Heck is The Lexington Code?
The Lexington Code is trying to trick you into opening a binary options trading account with an unregistered broker and depositing at least $250.
To understand how dangerous this is, you need to know there are registered brokers in the world and there are unregistered brokers in the world.
The registered broker is licensed and bonded and follows the laws governing securities trading and a code of ethics. The unregistered broker ignores the law and thinks ethics are for losers.
To my knowledge, I have never met an unregistered binary options broker face to face, although, if I keep exposing their scams one might come knocking on my door.
The thing you need to know is an unregistered broker does not have a soul, and they do not care if they destroy your finances, your relationships or your life. If you try to make money with The Lexington Code, you will be ruined and extremely humiliated.
The United States Commodity Futures Trading Commission issued an alert warning that unregistered binary options brokers, like The Lexington Code, are known to steal people’s money, steal their identities and to monkey with the software, so you lose your trades and lose your money to them!
The Lexington Code Scam.
When you give The Lexington Code your email, you go to a second page where they want more of your information. Specifically, they want your phone number.
Then, our good friend, Michael Lexington while sipping champagne, explains how you could be making thousands of dollars within the next 24 hours. To get started, open an account with The Lexington Code broker, the unregistered broker, the stranger without a soul, and deposit at least $250.
Because you gave The Lexington Code scam machine your phone number, you will get a call from someone claiming to be your private investment advisor.
While this person will pretend to be your new best friend, they are the embodiment of evil. Their mission is to take as much of your money as possible. They will even talk you into mortgaging your house and borrowing money from friends and family.
If you deposit the $250, you will be encouraged to use the auto-trade feature of the software. If you do, you will make several thousands of dollars by the following morning. At least it will appear as if you did, but you will not be able to take this money out of your account because it’s not real.
Your personal financial adviser, the embodiment of evil, merely typed some numbers into the dummy software to make it appear that you earned money. You didn’t.
If you believe you can make thousands of dollars overnight, your advisor will encourage you to put as much money as you can into your account so you can make more money faster. They will try to trick you into getting money from friends and family, cashing out your retirement accounts, mortgaging the house, putting your entire paycheck into the trade and getting a title loan on your car.
Your advisor’s goal is to get $10,000 out of you. So, let’s imagine that somehow you did manage to scrape together $10K and put it into your Lexington Code account.
Once The Lexington Code scam machine has your money, it will lock you out of your account, and your personal adviser will ignore you. Your money is gone forever. That is the Lexington Code scam.
Sadly, it gets worse because The Lexington Code now has enough of your personal information and your credit card number to steal your identity and max out your credit card.
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If you found this article helpful or have experience with The Lexington Code , please leave a comment below.
I was looking around to find some information on trading and wanted to thank you for unmasking these scammers. Without proper knowledge trading of binary options is like gambling (as it was mentioned in some other comment). So it is extremely important to learn and learn in the right place, not at scammers.
I hope your review will help many people avoid losing their money. It is time to understand that there is NO get rich quick.
Hi, Arta!
The Lexington Code and nearly every other so-called binary options broker have nothing to do with binary options. That’s just their cover story to justify taking people’s money. If you give your money to Lexington Code or any other business that claims to be a binary options broker with magical software, your money is going straight into the pocket of the scammer and his minions. These scammers wouldn’t know a binary options if it bit them on the butt. Save you money.
Thanks for stopping by,
Gary
Hey, great content all over your site!
It’s important to be informed about these online opportunities because there are so many of them out there, but at the same time, there are so many people trying to make a quick buck.
This site seems to be an authority on giving the truth about some of these opportunities so next time I ever have a question regarding something online, I’ll try to come here
Hi, JP!
I’m glad you found my site helpful. The Lexington Code Scam is like so many online schemes. They promise fast easy money, but in the end, only deliver financial ruin.
Thanks for stopping by,
Gary
As usual, Gary, you sniff these predatory scams out of the weeds and here is another. Why do they need “beeta testers” if they already know you’re going to make a fortune every month. Good Grief! How are binary options even legal? The information you are giving us on these actors and players is full and damnable. It would be laughable, except for the ticket to see these guys in action can leave you broke.
Your affiliate link to Wealthy Affiliate is simple, not flashy, and, as a result, does NOT take away or downplay your message on this guys. Well done!
Warren
It never fails to amaze me the how professional these sites and their marketing materials look and this one is slick, till you realise it’s the poor suckers who’ve given him their $250 that enables him to sip the champagne and hire the luxury car for a day!
Never, ever, would I sign up to a site that’s promoting something and then promptly puts a disclosure in saying they’re not actually recommending it – that’s just hilarious!
Hi, Del!
Can you imagine giving money to a person who treats you like the Lexington Code treats their “clients”? That would be psychological abuse of the highest order, only to be outdone by Gitmo’s enhanced interrogation methods.
The Lexington Code is fundamentally a bait and switch. In the sales video, they sing the praises of their magical software and how it will make you rich, but look closer, as you pointed out, and the disclaimer clearly states there ain’t nothing magical about our software.
Thanks for stopping by,
Gary
I tried a real binary option software and believe it or not, it was nowhere close to making money for me.I would equate it to gambling, whereby you just putting your money down and hope that things will turn in your favor.
As for the lexington code, I cannot for life of me understand how they can guarantee such big returns on binary options.
I have got burnt pretty badly with this sort of thing.I advise your readers to run far away from these guys.
Thanks
Hi, Roopesh!
Thanks for sharing your experience with binary options. At best, trading binary options is gambling because it requires luck to make any money with it. You’d do better in Vegas. Unfortunately, Lexington Code is worse than gambling. It’s a scam. You won’t make money with it, you will only lose money.
At first, it might seem that you made money with Lexington Code, but this isn’t really money. It’s just where the scammer typed numbers into your account. You’ll never be able to take that money out. It’s fake. The reason the scammer pretends you made money is to entice you into putting more of your money into their scam. If you do, you will never get it back.
Thanks for stopping by,
Gary
Thank you for this awesome review! I guess it must be an unregistered broker, trying to take the hard earned money of people. Right now, I am interested in Binary Options trading. Do you think it will be profitable? What is the good trading software available? Or do you have another way to earn money online?
Hi, Michael!
I DO NOT recommend binary options in any shape, form, or fashion. You will only lose money with binary options. There is no magic software that will help you make money with binary options.
Most binary options offers are full blown scams like The Lexington Code. They sell you the dream of making a lot of money quickly and easily. This is only a dream. It is NOT real.
There is only one legitimate binary options exchange that I know of, that is NADEX. However, even with NADEX, the odds of you making money are less than winning in Vegas.
Trading binary options with NADEX is as good at it gets with binary options and that’s about like betting on a coin toss on a moving train. You can only win if you’re lucky. That’s a lousy way to try and make money.
With binary options, you are betting that an asset will perform in a specific way at a specific time.
Determining if an asset will go up in value or down in value is, in theory, a 50/50 proposition, like a coin toss. Keep reading because winning with binary options is much worse than 50/50.
However, and this a huge, huge, huge condition, determining precisely when the asset will go up or down in value is nearly impossible. Time has infinite variables. That is what makes trading binary options, with a legitimate exchange nearly impossible to get right. And that’s as good as it gets.
It’s like betting on a coin toss on a moving train and taking the position that the coin will land heads up the precise moment the train enters the station. The only way you can get it right is if you’re lucky. If it takes luck to win, it’s gambling. Investors would call it speculation, same thing.
You asked if there was a way to make money that I recommended. Yes, there is.
The internet if the greatest opportunity in human history. For the first time ever, anyone with a connection to the internet can make a phenomenal income without a fancy college degree, a boss, inventory or employees. All it takes is a commitment, patience and the determination to learn how.
Unfortunately, there are a lot of scams associated with learning how to make money online too. This is why I recommended the Online Entrepreneur Certification training . It’s totally free to get started. Also, I’m always available to help you.
If you would like to enroll in the FREE Online Entrepreneur Certification training, click here .
Thanks for stopping by,
Gary
Hey there
thanks for the very informative review!
It is scary to think of how many of these scams are out there and they are generally focused on people who are already struggling.
I have seen so many of these lately that shows big earnings and videos that show people living it up! It just sucks people in even more!
Thanks again for the information. It is good to know that there are honest people like you out there helping people like me from making huge mistakes!
Regards Hailey
Thanks for the warning on this. I get frustrated when these types of products are trying to be sold. The false promises they try to sell you gets aggravating and then you feel bad for the people that fall into their trap. Making that much money in 24 hours like this product guarantees is too unrealistic too. Thanks for looking out for those who might be persuaded.
Hi, Jeremy!
I agree. It is disturbing to know there are scams like The Lexington Code out there and more popping up every day. I wish it was possible to make $10,000 a day on auto-pilot, but it’s not. Unfortunately, the people who get taken by these schemes are often the ones who can least afford it.
Thanks for stopping by,
Gary
Hi, I like the layout of the website. It’s simple, readable and clear. Interesting pictures and video. Very comprehensive website with advice tips and recommendations. There are many scams around us now and it’s good to have this kind of informations. I am sure you’ll attract many visitors. WA affiliate box is well placed. You did a great job. Well done.
Gary,
The still image that you have for this fraud online business opportunity leading off the vid – with the vampire-like red-head about to suck the lifeblood out of the unsuspecting woman in front of her pretty much says it all regarding the Lexington code.
Of all the great articles that you have written for your website, I believe that the opportunity to make money as stated by “Mr. Lexington”, (actor) himself guaranteeing that a person could make $126,000/month takes first prize as the highest and most outrageous amount of cash a person could earn if he/she were to get involved in this scheme.
As you also proved, a scheme like this involving the trade of binary options usually has been proven to be nothing but a loser for the foolish individuals who pony up money trying to make more $$ easily.
The only person making money is the individual who suckers people out of the initial $250 investment into this fraud online opportunity.
As I’ve stated before naive people with dollar signs blinding them would see the possibility of making so much money monthly that without doing research on Lexington Code, (or reading your review) that they would jump into the deep end of the pool in their delusional attempts to gain financial freedom.
Jeff
Hi, Jeff!
The scammers behind the Lexington Code are intentionally trying to blind their victims with visions of fast, easy money. I’m pleased you like the image of the vampire sucking the blood from her victim. I thought I might have gone too far with that one, but I liked it, and as you pointed out, it fits.
Thanks for stopping by,
Gary
Great advice here. There is so much on the internet that it seems like you never know if an opportunity is legit or not. Something that I find is always a no go is if they are offering a service for no or little work with easy money and a lot of upsells, and this seems like it’s a combination for disaster.
Hi, JP!
You are so right. The scams are getting worse by the day. As a rule of thumb, I think it is essential to demand that any business making an offer online should prove it is legitimate. A guarantee is not enough as there is no way to enforce a guarantee online. Also, a $1 trial isn’t enough either as it still requires you to use your credit card or debit card.
A free trial that does not require a credit card or a phone number is the only way you can be sure. This is one of the many reasons I recommend Wealthy Affiliate to people who want to learn how to really make money online.
Thanks for stopping by,
Gary
Hello Gary,
Wow, I’ve seen a few things but this is the most malicious I know so far! Unbelievable that there are such vicious people. Above all, I do not want to know how many people tap daily in such cases. I find it very good that you also review such products. I hope many people will visit your website and leave their fingers out of such things because of your reviews.
Keep up the good work!
Hi, Daniel!
I agree the Lexington Code is a nasty scam. It’s such a fairy tale, but people fall for it. I wish there was some magic software that would make us all rich, but there isn’t.
Thanks for stopping by,
Gary
Your site is very informative and on point, there is really nothing I can say that you would need to improve upon except maybe to take the one you decided to not recommend out of your recommendations. it all looks on the up and up to me. Keep up the good work,
Hi, Christine!
Thanks for reminding me to take that one out of recommendations. I forgot!
Gary
Hi Gary,
Yet another binary options program, how many are there i wonder? These scammers ought to be put in in jail, but they will probably just close down the website/program and start another.
I have read at least 20 of these ‘binary option’ opportunities in the last 12 months. I have traded options in the past, but only with brokers that are registered!
Thanks for the heads up on another scam.
Cheers
Hi, Greg!
These so-called binary options scams, like The Lexington Code, really aren’t trading options. That’s just an excuse. The software is nothing but a shell the scammer can manipulate so it appears the victim is making winning trads. The so-called broker is just a stranger in a foreign country tricking people and stealing their money.
Thanks for stopping by,
Gary
I like your review , and I like your expressions like “they think ethics are for losers ” . You explained precisely what’s going on and how scammers are making money out of poor people .
I would like to thank you for the great advice you provided to us , i would like to quote Einstein that the world is a dangerous place because of the people who don’t do anything about the evil not because of the people who do the evil
Thanks again .
Hi, Sam!
I appreciate the Einstein quote. While investigating online scams like The Lexington Code, I’m often reminded of a quote attributed to Shakespeare. “The gates to Hell are open and the devils are among us.” Might I add, the devils are on the internet.
Thanks for stopping by,
Gary
That’s horrible! The audacity of some people is unreal sometimes!
I’ve encountered several scams with fancy videos and “living the high life” promises only to look up video creation on fiver and see the same actor offering their services to act or speak for a program someone is trying to promote. (You would think having your face behind something as horrible as this would deter them, but I guess a paycheck is a paycheck to them)
Thanks for sharing and keeping a lot of us from making a horrible mistake and suffering the humility that’ll come with falling to a scam like this.
Hi, Tyler!
I know what you mean about the Fiverr actors. They blatantly advertise they will give a testimonial for any product. I wish the search engines would de-index any site that uses the Fiverr actors, but I don’t guess it will ever happen.
The Lexington Code is a slick scam. Whoever is behind it invested a lot of money. The lead actor is talented. Too bad he’s using his talent for evil.
Thanks for stopping by,
Gary