Can you really make thousands of dollars on auto-pilot? Auto Money Maker claims you can, but what is Auto Money Maker really? Follow me to see the Devil in the details.
Name: Auto Money Maker
Opinion: Not Recommended
What is Auto Money Maker?
If you listen to “Arthur McCool” try to sell his slick spiel, this is what you’re going to learn: you can earn LOADS of money for free; you are unique, because this offer is only for select individuals; Mr. McCool DEFINITELY does not want to sell you anything; Mr. McCool can empathize with any destitute situation and is only here to help; and that this system is different, because it’s certainly not a scam!
If you got through all that, McCool finally gets to HOW he plans to earn you this money. Auto Money Maker claims to be a trading brokerage whose trade algorithm is designed to only proceed if there is no doubt the trade will be successful.
McCool is essentially claiming that he has found a way to play the stock market at a generally infallible rate. The more you invest, the more you’ll earn! Up to ten thousand dollars per day!
This is a system that claims to take the guesswork out of insider trading by asking you to hand over your money to a “trading bot” that will enter the market with a 92% success rate.
Does this sound too good to be true? It is.
Near the end of the video, McCool again returns to contrasting his business with those “scam” businesses that are looking to damage your finances. “I’ve made enough money! I don’t need anymore,” is what McCool claims. To back up his overall argument, he uses periodic “testimonials” of people who have benefited from Auto Money Maker.
It’s easy to tell, however, that some of these individuals are obviously reading off of a cue card. Anyone who needs to talk this much, who needs to draw in fake reviews to back his ideas, who needs to consistently affirm that he is different from the scams, is not trying to help you.
Is Auto Money Maker a Scam?
Let’s take a closer look at McCool’s initial site. If you scroll to the bottom of the page, you will see the disclaimers for Auto Money Maker listed out in tiny CAPS. Look closely and you will notice a few important details.
First, it states “… testimonials and examples…don’t apply to the average purchaser and are not intended to…guarantee that anyone will achieve…similar results.” However, as you watch McCool’s introductory video, it is clear that his aim is exactly the opposite. His video wants you to believe that Auto Money Maker is a guaranteed, well…”money maker.” But legality forces him to admit that this is not actually true. Taking a close look at the disclaimer is important to find the holes in the persuasive arguments that these scammers are making.
Secondly: “Each individual’s success depends on…factors not always known and sometimes beyond control.” This is a fancy, wordy way of saying “we have no idea if this actually works.” According to this, your success depends on what you as an individual do, and those cosmic forces that sometimes get in the way. If that’s the case, then what role does Auto Money Maker play? (The answer should be obvious: none.)
You get the idea.
How the Auto Money Maker Scam Works.
Here’s how the scam works: once you join, you are automatically put under the guidance of a highly skilled and programmed trading bot. What’s better, enrolling is free! Surely there’s no risk.
Only…it’s not as free as it seems. To begin trading, you first have to provide the funds to get the process started. Each scamming system is different, but there will always be a minimum amount that you are required to deposit into the system before you can begin. For the purposes of this example, let’s say that minimum is $250. (Here’s a hint: you will never see that money again.)
So now you’ve provided your minimum and you are ready to get started. The software recognizes that you’ve paid it and it starts crunching the numbers. Within a short amount of time, you’ll see your investment begin to increase exponentially. A few hours or days later, you’ve made $10,000! By doing nothing! McCool was right!
Only he wasn’t.
The numbers that you are seeing are simply that: numbers. Not money. Not success. Just numerical code pumped out by the trading bot that you have handed your hard-earned money. No matter how hard you try, you will not be able to withdraw a cent of that $10,000, because it does not exist.
Be careful, though, because the scam is not over: the trading bots will assure you that everything is fine and that if you deposit even more money, you could be a millionaire! But of course, this money, too, will disappear. In essence, you are paying the system to show you big numbers that you will never be able to access. This is the Auto Money Maker scam.
No Magic Software.
There is no such thing as magic software that will make you rich. If you think there is, you’ll only get scammed.
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If you found this article helpful or have experience with Auto Money Maker, please leave a comment below. Thank you.