"Lily Mokgobu - A Former Hairdresser Earns $8600 A Month Without Leaving Her Home" Scam
Online users, beware of fake websites that claim a so-called hairdresser called Lily Mokgobu earns $8600 a month while staying at home. The fake websites have been created by scammers to trick online users into signing up for very risky binary options trading or other risky investments. To make the scam more convincing, the fake websites insert the names of the countries or cities of their visitors in the message. So, if you visit the fake websites, say from Antartica, the scammers will claim a hairdresser from the continent earns $8600 a month. But, we know that there is no business on the continent.
The So-Called "Lily Mokgobu"
Lily Mokgobu is earning $8600 a month while staying at home.
Hi, my name is Lily and previously I used to work as a hairdresser for $200 a month. Things changed when I decided to play on free $10,000 on a demo account – just out of curiosity – and filled in a simple form. Now I earn 10 times more than my husband. And I do it using only my laptop! For sure you know what it feels like to come back after work, only to see unwashed dish, an empty fridge and a mess everywhere. I was eager to become a perfect wife. I made our home cozy and cooked home meals. However, at a certain point I felt that I was deadly tired of such a life. And then I thought: how we were going to support our kids? Would we ever be able to achieve financial stability? How can we talk about stability if we aren’t able to save even a cent? I was starting to think about having a baby but I couldn’t bring myself to tell my husband about it. I knew that it would be way more difficult for him to earn a decent living for us all.
Once the scammers have gotten their potential victims' attention, they will convince them into opening binary options trading accounts with a broker, which they will make a commission from every time those online users trade, whether they lose or earn money on their so-called investments, taking part in very risky binary options trading.
There is a lot of binary options trading scams online that are similar to "An Ordinary Student Earns $200 A Day While Staying At Home" . All the scammers do is to change the name of the company and website, then they get actors to create an appealing video with rented luxury homes, cars, jets, which they claim they own, in order to convince viewers into believing in their scams.
What is Binary Options Trading?
Simply put, Binary Options trading allows you to basically trade by saying “yes” or “no”, and if you predict the right outcome you win a predetermined amount. If you are wrong, you lose your money.
Remember, the trading of binary options can involve overall market risk. In nearly all cases markets can and often times do move in various directions without ample warning. Although there are ways to predict potential market movements, even the most thorough of analyses cannot always accurately pinpoint exactly which direction the market will take.
Online users, the best way to get to know Binary Options trading better is by using a demo account. With such an account, you can trade under real market conditions without risking your own money. There are a lot of websites on the internet which allow you to set up a demo account. Just search for “open demo binary options account.”
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Note: Some of the information in samples on this website may have been impersonated or spoofed.