In this review we are going to have a look at a new binary options scam called “Tauribot”. It is presented by Dr. Steven Archer, Phd. from the Economics department of Chicago University.
What is Tauribot about
Dr. Steven Archer says that his team at Chicago University developed an automated binary options trading software that can make you $10.000 per week. The app allegedly has a 92 % success rate. He says that the final missing piece came from a 15 year old autistic boy Ian Tauraski who solved the Tauri Equation.
Archer says that before releasing Tauribot to the general public he needs 100 beta testers to verify his app. He explains everything in an interview with Patricia Johnson from Chicago Today.
Tauribot is a scam
No matter how good the Tauribot’s offer sounds, it is just a binary options scam. Here are the proofs.
Chicago University
These scam artists are obviously well aware of the legal implication in case they use the identity of a real university and person. So they used Chicago University that does not exist, the real name of the real university is slightly different, it is The University of Chicago. It also has a different logo. See the image.
So Chicago University is a fake entity abusing the identity of The University of Chicago. The logo and fonts are similar, but details make the difference.
Dr. Steven Archer, Phd.
As Chicago University does not exist, it is no surprise that Professor of Economics Steven Archer is also a fictitious identity represented by a paid actor in the video.
To be sure you can make a search on the web page of the real University of Chicago (link above). Actually there is a Professor Archer, but his name is Stephen and he is a professor of medicine. So again, pretty close, but not the same in order to avoid legal complications.
Ian Tauraski
A 15 year old boy, genius since he was a kid, solving complicated equations. But try to do a Google search, his name appears only in the Tauribot’s reviews created from January 2016. Isn’t that strange? No, it is not, because also his identity is fake, Ian Tauraski does not exist.
Patricia Johnson from Chicago Today
The interview with Professor Archer is made by Patricia Johnson from Chicago Today. But what is Chicago Today? We haven’t found any media with that name, so it is again a fictitious entity.
Tauribot – scam app
And last but not least, Tauribot is just a rebranded scam app that we have seen many times before. Scammers are making up new stories every week, but a lot of them always use the same worthless trading app, they just change the logo and colors.
So a big warning, if you sign up for Tauribot, you will have to deposit $250 at least. And if you then trade your account with their app, you will lose your money. But scammers behind Tauribot will get paid an affiliate commission from their broker because they referred a new client. This is the only purpose of this scam.
Conclusion
Tauribot is a scam designed to make money to its creators and make you lose your deposit through a crappy app.
As we always say, binary options are a legit trading instrument under regulation in many countries, people are using them to make money and you can too. But nobody will do this for you for free, you first have to learn trading, you can try it on a free demo, then you can start making money in binary trading.