Wall Street Focus Group is a scam that is being promoted aggressively lately as having the capacity of earning traders between $381 and $796, but in our characteristic manner, we’ve swung into action and done our research to expose the shady Wall Street Focus Group scam through this comprehensive Wall Street Focus Group review.
So, before you give away your credit card details to these crooks, hang on a bit as I get into the details and expose why Wall Street Focus Group AKA Cobra 5 software is not worth your time and investments.
Keep reading our Wall Street Focus Group review and learn the truth behind this software.
What is Wall Street Focus Group Software?
According to the video presentation, the Wall Street Focus Group software is a binary trading platform that uses the Cobra 5 software for binary options trading.
This Cobra 5 software is allegedly 100% automatic, and is able to achieve 100% success rate most of the time. And according to the video presentation; by using the software, traders (newbie inclusive) can earn as much as $381 and $796 daily.
According to David Lombardi; the main face put forward for this thieving scheme, the Wall Street Focus Group system has existed for the last 4 years, and during this time, he has made for himself a whooping $137 million, all thanks to the ultra high trading efficiency of the Wall Street Focus Group platform.
And of course to get a slice of the cake, you need to get on board by registering and getting paired with a binary options broker.
Except you’re probably just seeing this kind of scam video for the first time, you should know it would eventually get to the point where your credit card would be requested and that’s when the heist is committed.
Does the Software Work?
All through the video, the David Lombardi guy goes on reeling out lies after lies; all in a vain attempt to convince those watching the video that the Wall Street Focus Group can earn its subscribers $381 and $796 daily; all from an initial $250 investment.
How is this going to happen? Well, the closest explanation we get is that the platform uses cutting-edge Cobra 5 software for binary options trading. We don’t get to hear any detailed trading methodology or algorithm used by this cutting-edge Cobra 5 software.
And we can authoritatively tell that when scam artists like this come up with such bogus explanations, it means one thing and that’s the fact that they don’t have a software that works.
So, does the software work? There’s nothing to prove that it does! The low figure ($381 and $796) daily income claim is all part of the scam tactic employed by these guys and doesn’t change the fact that they don’t have a working software.
Why Wall Street Focus Group is a Scam?
As with many other scams, the first real red flag was the claim that the software has a 100% win rate. Anybody that has any tangible trading experience would know that this kind of statement can only come from a thief, trying to steal from inexperienced traders. No software has 100% win rate. None!
Fake Claims and Promises
According to David Lombardi, the Wall Street Focus Group system has existed for the last 4 years(a lie that would be exposed further down), and has made for himself a whooping $137 million. Really? He also claims that members can join the system; free of charge and earn $23,742 to $91,376 in just 90 days.
First off, no one gets to join the system free of charge as claimed. It’s all a ploy to suck you into the thieving scheme. When you submit your details, they would eventually rail-road you to the point where your credit card would be requested before you commence trading and that’s where their whole plan intends to lead you.
The low income figures, the lies about the scheme being free are all false claims and promises. Those that have unfortunately fallen for the lies have unsavory tales to tell.
Owner is Paid Actor
As it turns out, our research uncovered that this David Lombardi; who claims to be the owner of the Wall Street Focus Group is nothing but a scam actor that’s a regular face on many binary trading scam software that have swindled unsuspecting people in the past. Some of other scams we have proof he has featured in are Terabit Trader, GPS Trader, and Safeguard Trader. This shows that he’s a hired actor; paid to act a script whose sole aim is to scam people.
And the fact that he has featured in the aforementioned scams above is a pointer to the fact that this Wall Street Focus Group is nothing but a scam as well.
Fake Testimonials and Reviews
Just like other scams that use stolen images to give their testimonials and reviews, the official page of the Wall Street Focus Group contains false testimonials; with one of them, named Mike even claiming that he had earned over $20,000 in the past few years when we have proof that the website was registered on September 2016 (more details below).
No Explanation How the Software Work
Well, the closest explanation we get is that the platform uses cutting-edge Cobra 5 software for binary options trading. We don’t get to hear any detailed trading methodology or algorithm used by this cutting-edge Cobra 5 software. There’s no real information about the software’s functionality.
And experience has shown that when this is the cause, it’s almost always scammers trying to perpetrate fraud.
David Lombardi claims that the Wall Street Focus Group system has existed for the last 4 years. Even a testimonial given by a supposed user on their official page claims that he had earned over $20,000 in the past few years. But a quick Who.Is research on the domain reveals that the Wall Street Focus Group system website domain is newly registered.
So, how come this guy has been earning this much money on a platform that just got registered some few weeks back? Tells you that all their claims are all lies!
Can You Make Money With Software?
The Wall Street Focus Group system has failed every standard transparency, accuracy and credibility test. All their claims, testimonials are all a manipulative attempt that is intended to achieve the aim of scamming people.
And the hard truth is that you’re not going to make money from this software. They’re only going to steal your money.
Conclusion of the Wall Street Focus Group Review
With enough proof that the face put behind this Wall Street Focus Group scam; David Lombardi has acted in plenty other scam that has swindled people of their hard earned money, you should desist from sending any money to these guys.
It is a scam operation and we’ve tried our possible best to proof that to you. So keep your money safe and away from these crooks.