Options Rider Review: Managed binary options investment?
There is no information on the Options Rider website indicating who owns or runs the business.
The Options Rider website domain (“optionsrider.com”) was registered on the 31st of January 2013, however the domain registration is set to private.
On the Options Rider website, the company claims to be based out of Auckland, New Zealand.
The address provided in the FAQ however belongs to Regus, who sell virtual office space. As such, it would appear Options Rider exists in New Zealand in name only.
Further research reveals Bob Roberts and Thomas Carter identified as co-owners on Options Rider affiliate calls.
Why this information is not presented on the Options Rider website is unclear.
Bob Roberts appears to be tied directly to BancdeOptions. A press-release issued in September of 2014 states
Sydney, Australia, November 24, 2014 — It’s official, BancdeOptions CEO is announcing the opening of its second representative office since the beginning of the year in Singapore, the first being in Hong Kong for the Asian market.
Sam Perkins, BancdeOptions VP for Business Development who is just returning from Hong Kong is explaining the company success:
“In Asia, we just partnered with major Chinese financial investors from Hong Kong and Beijing.
The Chinese market is ready to move ahead in the financial trading online solution. They see it as a natural evolution from Forex to the Binary Option platforms.”
Bob Roberts is listed as the contact for the release, with a link to the BancdeOptions website. Robert’s position within BancdeOptions is not clarified.
The press-release indicates Roberts might be based out Australia. Meanwhile a Hong Kong address currently features on the BancdeOptions website.
As with the New Zealand address, this is once again owned by Regus and is nothing more than a virtual mailing address.
BancdeOptions no more exists in Hong Kong than Options Rider does in New Zealand.
Similarities between BancdeOptions and Options Rider are readily observable, with both opportunities soliciting managed investments of up to $500,000 USD.
BancdeOptions appears to target Europeans whereas Options Rider investors in the US.
Of note is that the “payment details” page of both sites is identical, strongly suggesting the two companies are owned by the same people (Bob Roberts).
I wasn’t able to find anything concrete on Thomas Carter, save that appears to be based out of the US.
On a recent Options Rider affiliate call, Carter claimed to be travelling in the US state of Florida. Bob Thomas was also on the call, with Carter claiming he was calling in from Shanghai, China.
On the call, Roberts claims to own the company Binary Options Concierge. An Australian freecall number features on the company’s website.
Read on for a full review of the Options Rider MLM business opportunity.
The Options Rider Product Line
Options Rider has no retailable products or services, with affiliates only able to market affiliate membership to the company itself.
Once signed up, Options Rider affiliates are then able to make investments of up to $500,000 USD with the company.
The Options Rider Compensation Plan
The Options Rider compensation plan sees affiliates invest between $500 to $500,000 with the company. They are also paid to recruit new affiliates who do the same.
Options Rider claim to run management investment accounts, which is purportedly sourced from trading 5% of the funds an affiliate invests daily.
Options Rider claim they have some proprietary software that generates an average 88% win trade ratio each month, delivering an average 75% ROI per trade.
The more funds invested, the more amount of trades each day:
- $500 to $5999 invested – 3 trades a day (5% traded)
- $6000 to $9999 invested – 4 trades a day (4% traded)
- $10,000 to $19,999 invested – 5 trades a day (3% traded)
- $20,000 or more invested – 6 trades a day (3% traded)
- $50,000 or more – custom daily trade and percentages available
Note that Options Rider claim only to trade four days a week.
The basic advertised math is up to 5% of the funds invested, traded x amount of times daily and delivering a 75% ROI, 88% of the time.
Sounds complicated but if you calculate a 75% ROI per the amount of trades daily (remembering that only 5% of the funds invested is used to trade), it’s much easier to subtract 12% of lose trades from the total amount.
Ie. You invest $500 which sees three trades conducted daily.
That’s $25 traded three times a day. At 75% ROI per trade, that’s $43.75 (175%) per trade or $131.25 daily.
Each trade delivers a net ROI of $18.75. An 88% win ratio means 42 of the 48 trades each month will be successful (0.88 * 48), which results in a $787.50 payout (42 * 18.75).
Six trades were losses so $150 must be subtracted from this amount ($25 * 6).
Thus the monthly ROI paid out with $500 invested in Options Rider is $637.50.
Or in other words, an affiliate invested $500 and at the end of month was paid a $1137.50 ROI.
This basic math with $500 invested is scaled up depending on how much an Options Rider affiliate invests (the only variables are the 5% used to trade and how many ROIs are generated each day).
Serving as a deterrent to trap funds in the system, Options Rider charge sliding-scale withdrawal fees.
The longer an affiliate leaves their funds invested with the company, the lower the withdrawal fee charged:
- withdrawal request within 30 days = 20% fee
- withdrawal request within 60 days = 15% fee
- withdrawal request within 90 days = 10% fee
- withdrawal request within 120 days = 5% fee
- withdrawal request after 120 days = no fee
Referral commissions are paid out in Options Rider using a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any of these level 1 affiliates go on to recruit new affiliates of their own, they are placed on level 2 of the original affiliate’s unilevel team.
Theoretically a unilevel team can expand down infinite depth, however Options Rider cap payable unilevel levels at two.
A 20% referral commission is paid on investments made by personally recruited affiliates (level 1). 10% is paid on investments made by any affiliates they recruit (level 2).
Joining Options Rider
Affiliate membership with Options Rider is free, however affiliates must invest at least $500 in order to participate in the income opportunity.
As such the defacto minimum cost of Options Rider affiliate membership is $500.
Note that the company accepts investments of up to $500,000 USD.
Once you get your head around the maths of the whole binary options trading ruse, Options Rider presents itself as a pretty straight-forward Ponzi scheme.
Affiliates invest sums of up to $500,000, with larger amounts attracting a higher ROI.
Your first red flag is that Options Rider only accept deposit by bank wire, with research revealing the following account details being currently used:
Beneficiary Name: FUND OPTIONS AUSTRALIA PTY LIMITED
Auckland Chancery Plaza Level 39, Shortland Street,
Auckland 8061, New Zealand
Beneficiary Bank Name: Commonwealth Bank of Australia
Beneficiary Account Number: 10606266
Beneficiary Bank SWIFT Code: CTBAAU2S
BSB number (Bank Code) is 062-468
Bank Address: NRI Banking.
International Financial Services Level 10.
101 George Street, Parramatta.
NSW 2150, Australia.
More pseudo-compliance than anything, on their website Options Rider claim to be authorized by the NZ Securities and Exchange commission.
The Company is authorized and regulated by the New Zealand Securities and Exchange Commission to offer certain Investment and Ancillary Services and Activities under the Provision of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and Other Related Matters Law of 2007, Law 144(I)/2007, as subsequently amended or replaced from time to time (“the Law”), with FSP license number 207/13.
How this would be possible when Options Rider only exist in New Zealand out of a rented virtual address escapes me.
It should be noted that the only other tie to Australia that Options Rider has is the location given on their Singapore office press-release. Bob Robert’s location is unknown, but I’d say he’s probably based out of Australia.
So you have a company with rented mailbox addresses in Singapore and Hong Kong and New Zealand, only accepting bank wires to an account in Australia.
If you’re wondering why this is, I’ll let one Options Rider investor attempt to explain;
The managed fund is in Australia. WHY because Australia is the 2nd best and safest banking system in the world…the U.S. is 13th!
Did you know that China owns half of America already? Did you know that 80% of Bank of America’s funding is in China?
While all of that may or may not be true, the actual reason Options Rider are avoiding the US is because they’re quite obviously running a Ponzi scheme.
And not only are Options Rider purposefully avoiding banking in the US, they’re also hoping to fly under the regulatory radar.
Here’s what prospective Options Rider affiliates were told on a recent conference call:
What we don’t want you to do in Options Rider, and this is very important… you’re not allowed to blast links out on Facebook.
You’re not allowed to post stuff all over Twitter about Options Rider.
This is designed not really for internet marketing, but for you to talk to your friends and family, people that you love and trust.
We don’t want to turn it into a circus where you turn on Facebook and you see five thousand people promote some crazy company with all these links going everywhere…
That’s not what we’re trying to achieve at all.
Why a Options Rider would fear public promotion, going so far as to ban their investors from publicly promoting the company altogether, should be obvious.
In no way shape or form do tradings averages synch up with guaranteed ROIs offered each month through Options Rider. Throw in referral commissions further draining the system and it’s pretty clear what’s going on here.
You deposit funds into Bob Robert’s bank account, and he pays you with subsequently invested funds. The whole trading ruse is just complicated maths they use to pay you out with.
Oh and dare to withdraw your funds immediately, and you’ll be slugged with some hefty penalty fees.
If any significant amount of trades were actually happening, the withdrawal fee structure of Options Rider makes no sense.
And that brings us to the binary options ruse in general.
Think about it. If Bob Roberts was able to generate monthly winning binary options trades of around 88%, what on Earth does he need your money for?
Go to a bank, take out a loan, run their super secret algorithm software and within a few years Bob Roberts will have more money than is currently available on planet Earth.
The reality is Roberts and Options Rider need your funds because without them, they can’t pay off their existing investors.
As with all Ponzi schemes, once new affiliate investments dries up, Options Rider will be unable to meet it’s monthly ROI obligations and collapse.
If I had to guess, what with BancdeOptions launched a few months ago and Options Rider just last month, I’d suggest the former has already began to collapse.
Those investing in Options Rider are likely going to be funding ROIs promised through BancdeOptions, meaning there’ll be even less funds to pay out when Options Rider investors make their withdrawal requests in a few months.
What happens then?
Update 6th February 2021 – Options Rider was part of Kristijan Krstic’s $70 million dollar+ Ponzi empire.
Krstic was arrested in Serbia on behalf of US authorities in mid 2020.
Bancdeoptions is already collapsing. Members don’t get any payments, only referral commissions seem to be paid out.
Excuses being used to buy more time are:
– there are so many new members, it takes a long time to process all this
– withdrawal emails were lost when we transitioned servers, please send requests again
– it all takes too much time to do manually, so we developed this debet card to automise everything. Please pay us an additional 1.000 dollars.
Promotors for optionsrider and marvintrade are actively recruiting disgruntled bancdeoptions members.
They let one ponzi collapse and immediately start up a few new ones with a recruiting pool readily available.
People are already complaining about BancdeOptions not paying out for many weeks, to me looks like option rider was formed to bring in money for BancdeOptions payouts.
i also heard they are trying to offer some debit card to BancdeOptions investors at some outrageous fee to purchase one like 1000 dollars just to get your withdrawal owed from February 2015.
Suspect ponzis here. Bob is living in china btw.
1. New Zeland Companies Office has no record of any incorporation or name reservation for “Options Rider” or “Bancde*”, neither FMA issued any license for any entity sounding anything like those.
2. BANCDEOPTIONS.COM domain is really owned by :
Krstic, Kristijan (Ozedit: email removed)
Krisworld dev limited
573 Nathan oad
He also the owner of these domains:
3. Neither those entities incorporated or licensed in Australia. same goes for “FUND OPTIONS AUSTRALIA PTY LIMITED” (the beneficiary at the bank)
4. Both (optionsrider and bancdeoptions) sites are siting on the same IP address – 220.127.116.11 (hosted by NL company HostingBuy.net)
Bank wire is non-rescindable. Once it goes through, there’s no way to reverse it unless the other party agrees to reverse it.
With that said, BancDeOptions(dot)com is also linked to:
Well the launch of Options Rider in Florida should be one hell of a party then….cant wait.
The call explains and in conversations with Bob Roberts.. He has nothign to do with Options Rider and it also goes into depth about why he is doing this.
Furthermore, there many many signal provideers out there doing Trade Copying…which is all this is.
Remember when depositing fuunds inot any brokergare company..the bonuses are 100 – 150%..very common..which is why the penalty for early withdraw, etc.
Compnay is of course going to rent a virtual office at first and now has grown and hired alot of staff so that changes.
what is wrong with doing business in New Zealand ???
As usual…another Mis informed articel by our boy…or shall I say ..another ” Did not do my honeworkd.
This is too funny. I made connection of the 2 “companies” mentioned by Oz above. I knew there was something very fishy with these scams!
Also, on top of that, Ken Russo is promoting Options Rider as a “life changing” opportunity. Please please, authorities, throw this criminal behind bars!
I think you are wrong they are using assaxin fx18 that actually does give you over 90 % probability. BECAUSE it is timing opening of 4 major markets UK, USA, HK and aussie.
They do real trades and trades are made in europe.
And the people on top are top notch people, decent and for sure not the scammer kind. It is also not a mlm structure at all. It is a affiliate program with a ONE TIME bonus. That is all.
Options rider was put together a bit faster than the managment wanted so will see all the proper organization soon on the web site and all the good stuff you are looking for….
One more thing the reason the company does not want people to post on facebook and youtibe etc…it is because it is a private managed funds amoungst of friends who share it.
It is not a mlm at all…notice only one time referal bonus…same like walmart or other company have.
So relax guys…They do not want ex Mlm people to use their old jargon like downlines etc….because again it is a affiliate program.
Can you have income from europe if you own a house there? Can you collect rental income from there…Yes? Well this is not different…
The affiliate do not trade at all and unlike the binairy scammers out there the people have real faces and are only a phone call away.
If the Usa has become like GErmany 1940…then we should all renounce citizenship …if you cannot collect from a managed funds , managed by friends and money comes from Europe…then we are no longer the land of the Free.
Take this thought to heart…
Well yeah, except that he y’know, owns the company.
And are they MLM companies I suppose? Do tell.
And of course you have evidence of this, or are you just making excuses?
Ponzi schemes don’t need staff.
Nothing. But that’s not what’s happening here. With Roberts in China and everyone else in the US, nobody is actually in New Zealand doing business.
No doubt they do, but that doesn’t account for the ROIs and recruitment commissions offered.
Having a token amount of trades take place and otherwise running a Ponzi scheme (recycling newly invested funds to pay off existing investors) doesn’t justify fraud.
Yet we don’t really know anything about them at all, other than Bob Roberts has already launched a Ponzi with BancdeOptions.
Unilevel compensation plan = MLM.
Ponzi scheme and they want to fly under the radar. Don’t kid yourself.
Engage your brain a little, will ya?
A “trader” only needs an internet connection. And why would they be trading in Europe, which is about as far as you can get FROM NZ/Australia? Most people want to be CLOSER to the markets they trade in. Heck, HiFreq traders want to be MILLISECONDS faster.
The only reason they need an office is to keep you guys from asking questions. And that “we’re just growing” is a standard excuse.
Look closely: there’s not even a suite number. That means this is a mailbox, nothing more.
As I said, use your brain a little rather than thinking you already know everything.
yOU ARE FUNNY….mLM..lOL. i GET REFERALL 20% WHEN i SEND ANOTHER LIMO COMPANY TO MY JOBS…Am I a mlm too.
How about all other business who give a referal “gift” or real money to bring clients to them. MLM? are you serious. How about walmart …if you go shoping online and you get a few $ because it went thru your web site…
(Ozedit: Offtopic derail attempt removed)
So ARE YOU A MLM TOO?
You do know why it’s called MULTI level marketing, don’t you ??
I guess not,
silly me, forget I asked.
Nope. That’s single-level.
Nope. That’s single-level.
Nope. That’s single level.
Nope. But your mum might be.
Nope. But your mum might be. Funny Oz.
It amazes me the stupidity of the sheep when you tell them their ponzi is really a ponzi.
I saw a ad today for bco which has not paid a dime out in way over two months. I guess that person thinks OR is gonna save BCO.
Sorry did not explain myself welll…MLM have RECURING COMMISSION…This is only one time and in 7 months from now it will be only one LEVEL….
so you can give up for real about calling this a mlm. Do you get it? ONE TIME REFERALL…not continuous income from PEople you refered.
Anyway…seems like you are fixated on something you do not understand…but in time…you will get it.
(Ozedit: Offtopic derail attempt removed)
How many times is irrelevant. It’s called multi-level marketing, not multi-howmanytimesyougetpaid marketing.
Options Rider pay over two levels (unilevel), making it an MLM opportunity.
Cool. So maybe in seven months time we can revisit the topic. Although going by BancdeOptions, Options Rider isn’t likely to last that long.
Right. I’m the one who doesn’t get it. No worries champ.
Nader needs a ponzi lesson and a multi Level class maybe he can goto Dr Liar for training.
FYI normally in legitimate trading there is no levels of recruiting. You normally invite a friend to come trade and the legitimate broker will give you a few bucks as a thank you for bringing them a customer.
But this OR ponzi pays out for you to recruit then for your recruits to recruit THUS keeping NEW investor funds coming in.
This is america… (Ozedit: No, this is BehindMLM. Offtopic derail attempts removed.)
So now we have a managed funds who happens to reward people for rewarding people…big deal two level…so what. This is america where people have novel ideas…May be there are people in this business who are actually honest…I know this is a hard strech for you to think about.
I know for a fact that the software they use has a real 80% success rate and it is actually based on simple logic of price movement at openings of new markets hours ney york, hk , aussie etc.
It is their right if they want to give a one time referal bonus…THIS SETS them apart from the Illegal recuring commisions from some mlm and ponzis.
Most people who joined only come in with $ 500…You really think someone like thomas carter who is already a milionaire is gonna risk his freedom for a stupid idea to defraud people of so little money ?
He is a visible man, with home and familly not some jerk in some far away land. So will soone realize your mistakes…and makes a lot of dough from your advertisement money with the traffic coming here…
Have the balls not to erase and sensure me. Expand your mind …thing are not as they appear to you …this is not a profitable sunrise and hyip scams.
So this is MLM. Remember, you were the dumbass claiming it wasn’t.
All you know is you deposit funds with Options Rider and after four months or so collect a greater than 100% ROI.
Illegal recurring commissions (which isn’t even a thing) is not the problem here. The Ponzi scheme is.
And you know this how?
You really think someone like thomas carter who is already a milionaire is gonna risk his freedom for a stupid idea to defraud people of so little money ?
Well, here we are.
Yet I couldn’t turn up anything about him regarding an MLM history. Feel free to fill us in.
Ah I see you’re somewhat acquainted with the MLM underbelly. How… not surprising.
Options Rider is likely a good for for you then, but make no mistake. This is just the same old Ponzi bullshit wrapped differently.
Just ask the BancdeOptions investors who haven’t seen their money for months…
Ok I got it. You think it is a ponzi scheme…Well you might be up for a surprise when you find out it is not.
It is very likely not one because the software actually even if you apply the system manually…very time consuming.
(Ozedit: Offtopic derail attempts removed)
I don’t think anything. Based on Options Rider’s business model, it’s a Ponzi scheme.
Trading does not deliver consistent ROI results, Ponzi schemes do and even then only for a limited time.
The same software that was a load of baloney in BancdeOptions? The software is a ruse. All Options Rider do it use newly invested funds to pay off existing investors.
If such software existed, they wouldn’t need your funds. Even a token loan from a bank would ensure the owners of Options Rider would generate more money in a few years than currently exists on the planet.
I’m kind of over editing your offtopic waffling. Any future comments better be out Options Rider and Options Rider only they will be nuked.
If you want to rage against the machine, do it elsewhere. It has nothing to do with Options Rider being a Ponzi scheme.
General Athiwat Soonpan
If you check back far enough the site BancdeOptions was registered to the following person
You will notice he is on the Ontario Securities as a fraud warning:
Add danny from wealth4all he lived in a apt in NY and gave out his HOME telephone to investors.
Trust us nadar option rider is illegal.
Since your so smart show us their certificate from the cftc. Gov site showing they are legal in the USA.
Remember WENYARD with their FAKE stock market? Look where that ponzi is.
wow nader you sure are defending this program, how many people have you referred to it telling them how legit it is?
with the king of ponzi’s promoting this you need to run in the opposite direction.
If it walks like a duck, quacks like a duck,etc.,etc.,etc
My gut feeling is Thomas Carter is a victim just like his investors, the victim of Bob Roberts.
I would be surprised if the “Miracle Software” even exist, or if any trades were or are ever actually made. Hope folks request their money back while they still have some.
Where is Paul Burks today?
I know Louis Rivas of the FOREX Project is in prison, where he belongs.
Win or lose its my money….. I’ll do what I want with it. enough said!
There’s always the Kevin Thompson variation:
If it walks like a duck, and quacks like a duck, it’ll be shot like a duck. 😉
Guys…there are plenty of Auto Trade Copiers kicking ass out there in the field…this is no different…just because they happen to have something rock solid for the last 5 years does not mean that it will continue…it is just a good thing right now…
not sure what all the fuss is about…the system works….they will be eliminiating the Unilevel, they have new office space they are moving into, they are a licensed broker makng real trades, they did this to bring the ability for the small fish to go fish in the big pound…what is wrong with that……
plus…it is not an Mlm which is the beauty of it being on here. what we should do is (Ozedit: Offtopic derail attempt removed).
So whats the problem? Why they do not want to trade with their own money but want yours ?
Oh right, i forgot , they want to make you rich because they are good people 🙂
Bob Roberts name sounds too fishy to me, sam as Rob Boberts
Except that it’s an MLM company, and they aren’t registered with the SEC – yet they are clearly offering and selling securities to US residents.
So why have it to begin with?
As in actual office space or another Regus rented mailbox address? And where is this new office going to be located?
Unilevel compensation plan = MLM business opportunity.
Was comforted by the host, Mr. CONnally, today on the conference call – he let the peeps know he was on the 5th Floor of an office building in DC.
Are these people trying to look as scammy as hell or what?
Bob Roberts – was informed his name is not Robert Roberts – that’s good, would not want too many Rob’s robbing us.
Why would the owner of Options Rider be using a fake name and hiding out in China?
Maybe he is in China looking to accept the Utoken as payment.
By being in china its much harder to shut this ponzi down.
I was hit by a few people about options trader in the past 1-2 weeks. I got on quite a few of their calls and all of them were really packed.
On one of the calls the guy said he was looking into all the negative talk and accusations going around and would get to the bottom of it all and get back to everyone with more details…
I think that may have been Thomas Carter, it was a very short and to the point call… but I haven’t heard a word more about it ever since.
Glad I read this here first before joining.
I thank everyone for their points of view and information.
I did a search on the 3 people who I was told were the “owners of Options Rider: “Thomas Carter” and “Bob Roberts” and “Michael Sloan”.
All three are common names, and in the USA alone there are over 100 results for each of these 3 names.
A friend of mine, went to a meeting where she met “Thomas Carter.” I asked, “Did you know Thomas Carter before that meeting?” Answer, “no.”
Question: “Was there any evidence that Thomas Carter is his real name?” Answer, “no”.
Question, “Was there any printed material for you to take home?” Answer, “no”.
Question, “Could it be possible that Thomas Carter is not his real name, because this is a Ponzi Scheme?” click.
Hello. I DID NOT MAKE THE COMMENT ABOVE!!! (comment #32)
There are only 2 (two) people named ‘Sterling Wirth’ on the entire planet, me and my son, and neither of us made this comment. I detest some moron making a statement using my name, because they are; a:) too cowardly to use their own name, and/or; b:) trying to implicate me in some way.
I demand that this phony comment #32 be removed immediately, (first), before this REAL comment from me here, is removed.
I see nothing specifically in comment #32 attempting to impersonate you as an individual.
You have no idea how many Sterling Wirth’s there are on the planet.
You can’t make tis stuff up…or can you ?
This was sent to me after sharing this thread with a friend that was getting ready to join Options Rider..
Mikael Thorton? Sounds like another misattribution there. But anything to calm the masses. The denial is pretty lame, i.e. “trust us, it’s just a naysayer”.
Yeah so uh, I can confirm this never happened.
This should put to rest any questions pertaining to ownership of Options Rider and made-up extortion claims –
I was approached by someone about Options Rider and have done a little research.
I tried to locate the New Zealand Securities and Exchange Commission without any luck and eventually it lead me to the Financial Markets Authority of New Zeland (fma.govt.nz)
I contacted them as follows:
This is the reply I have received:
I would be interested to hear what people think of their response.
So basically Options Rider are operating on a “lie about everything” platform.
Absolutely nothing suss going on here…
Aha! They copied and pasted it from a company that is listed with the CYPRUS SEC. They even kept the same number!
(Yes, the parentheses are a part of the URL)
^^^ Gentlemen, I believe that is referred to as a “smoking gun”.
Michael Sloan, explain yourself.
Bob Roberts, Thomas Carter and yourself need come up with some answers quick smart.
A copy from Cyprus eh. Well spotted K Chang
Ladies and Gentleman,
Wake up and get real. Options Riders is a 100% Ponzi and the lid is about to blow.
If you go to their website at optionsrider.com/client-agreement.htm and read their Client agreement you will see an FSP # – 109850.
This number is SUPPOSED to be their legit registration. Well for most people, this would be enough to satisfy their due diligence.
I cross referenced this number which belongs to a company called Forex Brokers Limited. I then sent an email to the registered owner asking if they do business with Options Rider, Fund Options PTY, Bob Roberts, Michael Sloan, Bishop Lee and Thomas Carter all of which are suppose to be associated with this LEGIT deal.
Well to no surprise he has no idea who these people are. So if you want to be one of the sheep and be lead to the slaughter keep “believing” in the Options Rider Miracle other wise lets shut these MOFO’s down fast. (see email from the owner of Forex Brokers Limited below)
In europe Bob Roberts is also going. First with bancdeoptions and now with optionsrider!!!
bancdeoptions is going to explode very soon because they are not paying for several months now, a few people get paid but is not even near tha amount they asked.
Bob Roberts is not available anymore for bancdeoptions only for optionsrider wich is exactly the same ponzi like bancdeoptions.
Really? Did you notice the name? That’s me; the ‘individual.’
And it pains me to have to address this; but YOU are the one who has no idea how many people on the planet are named Sterling Wirth.
Your posts ‘claim’ to only post what you KNOW to be true, and you supposedly research the facts before you make claims.
So here’s a question for you; have you checked the ISP from where comment #32 came from? And compared it to this ISP? I think not.
And further, I have told you there are only 2 of us on the planet, and for you to respond that I “have no idea” how many of us there are; is a moronic attempt to defend posting unsubstantiated postings, and dispute my assertion that there are only two of us without producing any facts to back that up.
Specifically referring to your questioning my statement with an “guess” of your own, or innuendo.
Put more simply, for your sake; PROVE IT. If you are insinuating there may be more than two of us on earth; PROVE IT!! Or remove the post immediately as I asked, and as any decent person would do, if they were sincerely interested in ‘ethics’ of any kind.
Clearly my name is not from Central Africa or India. It seems obvious that it originated from the Western Nations, of which there are probably in excess of 600+ million on facebook. But there are still only 2 of us on facebook.
So, either put up or shut up.
I made two statements of fact; there are 2 of us, and neither of us made that posting. Now you need to prove I made this posting, and also prove there are more than 2 of us. And I do not mean by producing an email address, (which you or anyone could manufacture), or by you creating a phony posting on facebook.
Plus, here is more of the obvious that may have escaped you, but I think not; I think you just simply have a healthy disdain for the truth, and you prefer to lean towards conflict, lies and innuendo, which you enjoy leading into drama centered around you. Here’s an idea; get over yourself!!
Referring to the obvious, (see above), find me ONE other Sterling Wirth, verifiable beyond dispute, and then prove that HE did / did not, make that posting, or that he is even involved in Marketing, or has ever even heard of your stupid website.
If you can not do that, take down the posting as I have demanded; or face the consequences. There WILL be consequences for certain.
I’m assuming you’re next move will be to share how you have exclusive rights to the name “Sterling Wirth” globally?
Comments left by third-parties are not “my claims”.
Fact based on what? Did you look up your worldwide list of names all 7 billion plus people on the planet use?
Oh right, you checked Facebook. That’s some Sherlock Holmes level shit right there.
Blow it out your ass chief, there is nothing in comment #32 that attempts to impersonate you specifically as an individual.
Any further derail attempts from you will be marked as spam.
If you do a name-search for “Sterling” and “Wirth” you will see that both are common names, not “reserved names” in any way.
There’s nothing in comment #32 itself (other than the name) indicating that he’s trying to impersonate anyone. He doesn’t claim to be a specific Sterling Wirth, e.g. “Sterling Wirth, professional title” or “Sterling Wirth, other identifying details”.
There’s nothing offensive in the comment either (whatever that might be, people feel offended for many different reasons).
So what? My research showed that both “Sterling” and “Wirth” was common names, not protected in any way.
I managed to find 3 profiles on Facebook for “Sterling Wirth”. But normally I won’t use Facebook as a “reliable source”. A lot of people do NOT use Facebook, and Facebook doesn’t have a status as “The World’s official registry for each and every individual person on the planet”.
You must provide a better reason, e.g that the name has been trademark protected or something similar, or that you have a restraining order against someone.
Why should we do that? Most people will need some rational reason for why they should do something, and most of your arguments have been rather irrational.
Comment #32 didn’t claim anything about “being involved in marketing”.
Some “thunder and lightning”, or some “Armageddon scenario”?
guys oz & norway , your’e shattering sterling wirth’s ‘illusion of uniqueness’, and that’s what made him butthurt.
i mean, if there are only two sterling wirth’s on the planet, and you go about Allowing a Third one to exist, what will sterling wirth be worth after that?
Galactic instances of Sterling Wirths set to >2.
Reality algorithm process completed. Value returned = “undefined”, syntax error.
Apocalyptic meltdown in 3… 2… 1…
I managed to find 5 “Sterling Wirth” on instantcheckmate.com (“All states”), but some of them are probably duplicates.
3 “Sterling B. Wirth” (2 age 62 years, WA)
1 “Sterling M. Wirth” (97 years, OR)
1 “Sterling Wirth”
Whitepages.com reported an additional one, a “Sterling L. Wirth”.
norway, you Have Got To Stop Puncturing sterling wirth’s Ego!
A valid point in a sense, in that no specific person is identified.
But (Ozedit: Snip, and we’re done.)
Can we get back to discussing Options Rider please?
well, chang, sterling wirth Did Warn Us about Consequences! we just have to face them now!
PONZI 101 or Elementery Ponzi? Are people just that lazy…After sending the info from here and over at MLM skeptic (amlmskeptic.blogspot.com/2015/05/the-worst-kind-of-scammer-false-claim.html) to someone promoting this on Facebook…
This is the reply i received.
Maybe one of you guy’s can in SIMPLE Laymans Terms.. Tell them ( him ) everything thats wrong with this..!!
This is the “I know it’s a scam but I’m making money, so I don’t care if I’m ripping people off” response.
These are the worst type of scam participants out there. Not much you can do, as you can’t argue with irrational “beliefs” (read: ignoring the painfully obvious backed up with evidence).
I personally know TRhomas Carter. He worked on Wall Street for most of his career, also working MLM’s.
His biggest team was in Talk Fusion. From there, he went on to Organo Gold, then to PM International (which is where I met him).
When he was replaced as VP of Sales over the North American Expansion for PM, (because he wasn’t producing) he went looking for other opportunities.
He wants money fast and in large quantities. He found FGX and got a few of us to follow him there. After a couple of weeks, we all realized it wasn’t *IT*….
I dropped out of the sheep line following Thomas and joined an old mentor in the Jeunesse company. The next day, I find out that Thomas and some of the other ppl in PM also joined Jeunesse under a different person than I did.
Then, less than a week later, up pops this Options Rider. My mentor Debi, (a Thomas follower) told me about it.
She told me that while Thomas was in Vegas for the Jeunesse convention, he met with some guy and he was now a part owner in Options Rider.
So, yes, he is a real person. He is 65-66 yrs old, he is married to Eve Carter, he is on fb. He is a very tall, thin black man.
They have been living in So Carolina for the last year. They just moved to Florida within the last month. You can find his profile on fb, or google him…..
Let me just say, I no longer have any communication with him.
I still communicate with Debi, who has told me that the deadline to get in at the $500 investment price will only be available until the 14th. After that, it is going up to $3000 for the initial investment.
After reading this article and these comments, I can see why….Am I going to join? HELL NO!
Is Thomas Carter real? yes. Does he have integrity? I think he is a legend in his own mind, and is good at convincing ppl of same (at least for a time).
Is he a millionaire like the claims I have seen? NO. I would bet my life on it.
wow just to know that today I had all the info and money in hand ready to join options rider and I am new to all this stock stuff and binary things etc.
one thing im not is gullibale and i dont rely on anyones research but my own, so i took all night and all morning today and researched, and this site and reading comments and putting pcs together made me realize that this o.r. is another scam and ponzi!
2 guys i know allready joined and have well over 40k into this, wow crazy1 thank you guys.
The bubble is beginning to burst here as the signs are pretty evident of the Bruce Jenner Dash that is about to happen.
Having sent out a grammatically poor newsletter just yesterday to its affiliates, the announcment that they will not longer be stealing money from the 15th to the 24th came as no surprise.
Undoubtedly, this will provide a strong excuse to not pay the current withdrawals that are currently scheduled to fall behind. All ready, reports are circulating that payments are not clean and taking long..
But the real RED FLAG here is the the ridiculous Accounting Errors that are rampant throughtout the company.
WHEN A COMPANY IS SETTING UP A FINANCIAL ACCOUNT WITHOUT VERIFYING THE BANK WIRE HAS CLEARED…IT MAKES YOU WONDER.
WHEN A COMPANY IS PAYING COMISSIONS 4 TIMES WHEN THEY SHOULD BE PAYING IT JUST ONCE….RED FLAGS…
They have completely abandoned the April 6th MISSED TRADING DAY in which a majority of the traders got ZERO trades while a sprinkled few received theirs.
The comedy continues on a call Tuesday when Bob Roberts answered teh question about Bank Wires that were “Short of the 500 dollar minimum”. ” Oh dont worry, if your short on your deposit…we understand and will go ahead and steal (oops..I meant take…oops I ment accept your depoist) your money anyways….
so if you send in 500 and we happend to get 443 due to unknown fees that occur out of our control or yours..
NOT A PROBLEM…we will take it .
People , the comedy continues when reading the newsletter that looks like a 5th Grader wrote it …Not someone with 40 years of business experience….and delightfully ended with a perfect grammar error when using “deposit” instead of “deposits”..
I particularly liked his follow up on Michael Sloanes error regarding the wrong number entere on the website for the license number which ended up being another company. ” Michael just moved too fast and did not cover the proper channels for releasing informaion on the site that needed approval..it was a mistake..and we apologize”
coninuing on he thanked all the “Honest people who have come forward with their OVERPAYMENTS stating we have the best people”…
Interesting…so if there are so many “honest” people….makes you wonder what is lurking on the other side with people above who are earning 80% comission whenb it should be 20%.
As the party comes to a close, we start to think about the powers in charge and wonder if the next 10 days includes a DASH OUT OF SITE …..MAYBE A SEX CHANGE OR TWO…and then come back as totally different people.
they certainly have the money…with over 10,000 accounts at a BARE minimum average of 1000…..they have 10 Million reasons why.
With Thomas Carter exiting stage left in dramatic form at the end of the call….tear broken but so thankful…..the RACE is on……
FYI…has anyone done the math here? A 500 dollar account in which Options Rider has BELOW AVERAGE numbers……in which a person RECRUITS NO ONE…..NEVER DEPOSITS another dime…..has close to 200 million dolllars in month 24!!
Tread wisely if your on the fence…..push the withdrawal button if your in and can……and get ready for some TASTY ” Bob Roberts” special stories……
Btw…forgot to mention this ‘Prick” Michael Sloane who has an attitude from the U.S. to Thailand..Blatantly lied that BEHINDMLM asked for $5,000 to remove the original article written about this Jalopy of a program, is a complete fake with an unknown destination…..
Turns out that Michale Sloane himself is LIVE CHAT…….there are no 6 support people on Live Chat….in fact only 2 names have ever been on there since the start and that wsa just a show to start with….
Live Chat has no hours…its up here and then down there…
Also…anyone see the phone number listed on the site?? I see “Contact Us” with a method of phone call listed…but no phone number….
The website is borderline Comical…especially when you go the other sites using the exact same format.
Good luck from Canada.
Interesting, the address to send wire transfers for Bancde Options is similar to the address for Options Rider:
Similar? Looks identical to me…
wow, crazy info. I feel for the guys I know that have blindly put most of their savings into this a few days ago without any research on these people what so ever.
They relied on the ol my buddy is making money, his buddy is making money, his buddy has 20 years in wallstreet etc etc. I can see this bubble bursting any moment.
Michell west, where did you get the info of the news letter? and where can I see it?
Has anyone seen or heard BancdeOptions members receiving a withdrawal, getting a debit card or getting refunded the debit card deposit?
Recently I mean.
Letter sent on May 13.
interesting. lets see how this unfolds and crumbles!!
Red flag — They will not accept Bank wires from Bank of America or First Third bank ???
why not from these banks?
Well here you are again with your fabulations!
It seems weird to me that you do not realize that stopping people from sending wire transfer until may 25 does not exactly fits the profile of a thief.
And soon you will be scracthing your head when you find out that this private managed fund will not accept new clients in less than 50 days. Then you will again claim that nobody gets paids…right?
Well sorry to rain on your parade : everyone who request a withdrawal has been paid in a very timely manner including myself thank you very much.
Although I have appreciated your effort to warn people about real scam before…I think you may be wrong about this people. When the group is closed and does not accept new people…what will you say?
Probably nothing true again. But I will be there in a few months updating you on my continued withdrawal.
Some of the coward moles who have infiltrated the private facebook book …are just that : coward and and ballless people who did not even invest anything and who are just there to bring their own darkness.
You talk like a bunch of nay sayer.. negative people and may be envious?
^^ The IQ on this one obviously isn’t up there.
Won’t have to, because once invested funds run out nobody will get paid. Same as BancdeOptions.
Did you just counter your own future projection with a present scenario argument? Oh dear.
Yeah, that’s pretty much what everybody says until BehindMLM reviews a scam they’ve joined.
“Oh you were right about everything else, but this time…”
Oh totally. Damn I wish I invested and lost money in all the Ponzi schemes I’ve reviewed over the years.
Thanks for the IQ test. Mine is 156 and my first language is french.
When the investment group is closed to new people and everybody gets paid still…What will you say? ” Sorry I was wrong? ” …
In case you do not get it… They do not let anyone send money anymore until they cactch up…. did you ever see a ponzi doing that?
You can spout all the hypotheticals you want. Ponzi schemes need new investment funds to pay off existing investors, it’s that simple.
This is BancDeOptions v2.0, there is no mystery here.
You have never promoted any business. You condemn and criticizes a lot. Options rider is just 2 months old. It’s quite early to start criticise. its never an mlmbusiness .
bancdeoptions is still existing and paying. Businesses/companies do have challenges some survives it while some don’t.
You condemned organo Gold and it still exists. So I will not believe your reviews again. It’s always one sided.
Of course not. This isn’t a marketing blog.
Conduct thorough reviews? Guilty as charged…
Not according to y’know, bancdeoptions investors.
And some are out and out scams by virtue of their business models (compensation plans).
Options Rider are offering unregistered securities in the US. How early or late a review is written is irrelevant.
BehindMLM reviews aren’t written to blink MLM opportunities in and out of existence. I provide you with as much information as I can pretaining specifically to an opportunity’s management and business model.
And there are no “sides” to a compensation plan. They are quite one-dimensional, with money easily trackable within.
You sound like you’re instead looking for a dose of hot air up your arse. Might I suggest a hair dryer and a chair.
and yet here you are. lie much?
^^ Admin note: Please stick to one alias in the future (that isn’t someone else’s name), otherwise your comments will be marked as spam.
I have been involved with the network marketing industry for more than 20 years and have made a good chunk of change in the process however the industry no longer interests me because I’m just sick of the same old grind and failure rate of the people who get involved.
Now to options rider, one of my friends approached me about OR and filled me in on the details of the company and all that came to mind was “you need to run from this as fast as you can” it has ponzie scheme written all over it.
However just as many other people who have posted on here it was like talking to a wall. I don’t understand how anyone with moderate intelligence can’t see through this thing.
I kind of felt bad for him at first but after I presented him with the facts and pointed him to this site all he could do is get extremely angry and defensive so I backed off.
I did tell him to be very careful who he gets involved in this and extremely cautious of how much money they are going to put in because the last thing you want is having some person(s) investing their hole retirement into this scheme only to lose it when the money dries up, “no one wants that hanging over their heads”.
I did my best to talk him out of it but nothing I said even made a dent. Please folks be very careful and do your homework.
“If you think you already know everything, then you will learn nothing.” paraphrased from Epicetus, Greek philosopher
They think they already learned all there is to know, and thus is resistant to any new information that contradict their view. They are the easiest people to fool, because they think they are unfoolable.
Did you ever read Madoff’s exploits? He turned down money ALL The time… esp. because the investor asked too many questions.
Clearly your IQ is not backed up by research or general knowledge.
All I can say guys is that I have received 2 payments now on time and very happy with this program/investment/opportunity/mlm/network marketing company/ponzi…. or whatever yall wants to call it.
“Payments” should normally be about withdrawals = “money you have received“. I seriously doubt that you have received anything at all, other than some numbers on a screen in your back office.
Back office = “numbers on a screen”
Internal ewallets = “numbers on a screen”
Ewallet = “funds have been made available, but not yet withdrawn”
So all you have received here is probably “numbers on a screen”. The fact that you believe you have received money won’t change that reality.
Thanks for admitting that your bottom line is money, and you don’t care about anything else, such as ethics, legality, personal risk, and so on.
I started with “0”. So min deposit wasn’t an obligation. And I withdrew 6 weeks later.
Money is on my bankaccount. And I showed it. So what?
You didn’t invest anything and got paid?
Or you recruited new investors who you then indirectly stole from via the wonders of a Ponzi investment scheme?
Over on their home page ( about us ) I ran across this statement:
The key words : predetermined payouts
My question would be… Is this done with Crystal Ball or Weegie Board to determine these percentages ?
Option Rider still not accepting new business as of May 28th.
Bancdeoptions is not mentioning anything on their website but I am curious on what happens in the next weeks.
I have ask both firms there business regitration number and were to find it.wonder what they say if i get a respons
I am very interested in how Bancdeoptions behaves, responds and performs during June. Conflicting info is everywhere but there is nothing I KNOW personally which is all that counts!
As of June 1st. not accepting new business-must be close to two weeks ???
What do you want to bet, that the website is on auto-pilot… minus the pilots ..!!
They are closed for accepting new clients right now, but yet they are still paying people out.
Hmmm I think you guys just might be wrong on this one. These people seem very legit and out in the open.
If this is a ponzi then they would be skipping town right now. But time will tell. I also know that you make money every time someone clicks on your website so you are motivated to bash anything and everything to make a few bucks and claim everything is a scam or ponzi.
I’m sure you’ll respond with your normal BS response acting like you’re so smart and a know it all.
^^ The money has to run out first.
OMG THEY STOPPED ACCEPTING SIGNUPS.
30 SECONDS HAVE PASSED AND WE HAVEN’T COLLAPSED! NOT A PONZI CONFIRMED!
Thats some dumbass logic right there.
With not new funds coming in they’ll deplete whatever reserve they have soon enough. Will take some time because most people are probably re-investing.
Well, if you discount they lied about who owned the company, who was running it and the Ponzi business model… then uh yeah, totally legit.
Stop and think A $1k investment at an 88% win rate-if you let the money ride in 24 months your investment will be near $400 million.
Do you think that is realistic return ???
Options rider Bob Roberts, Michael Sloan, Thomas Carter Thieves!! Stole 6k…Be ready for a bunch of double talk, and bold faced lies!
Internet Do not send these thieves your money.
Also, be prepared for some laughable explanations of why they have not sent out withdrawals nor returned my 6,000.00, it has been over 30days!.
I recalled my wire 1 day after it was sent.
All three including Bob Thomas, Michael Sloan, and Thomas Carter said they would send my money back. ALL Lies and I have each of them on tape saying it would be returned quickly.
Thomas Carter has Florida phone number, the other 2 players have international numbers.
If they don’t return my money soon, the FBI agent I spoke to today tells me there are other avenues to STOP this fraud!
They Lie about their affiliations and registrations. Just contact FOREX for the truth.
I am guilty of not paying real close attention, and doing a little more due diligence. Put your money elsewhere, not with these thieves!
Looks like the SUSPENSE is over..
They’ve lifted the SUSPENSION.. But wait..
“Due to the news in the market,our traders advised us not to trade today.” (on their website) ???
Hey Rod. Bob Roberts said yesterday that they would not let your account get up that high.
They would start sending money to you each month before the account got so high it wouldn’t be sustainable. Duh.
They are opening back up on Monday the 8th and are only going to take in about 2000-5000 more people and then close the doors which is what we want.
Withdrawals are being sent everyday still as promised.
And Fishbay, the reason why they didn’t trade on Thursday the 4th was that market was unstable that day for some reason because Options Rider has a live trader sitting their along with the software so that we don’t lose money that day.
Pretty cool. Sounds like they know what they are doing. Those that chose not to invest will be kicking yourselves in about 8-9 months.
I’m sure OZ and some others will have their typical negative comments as usual. You’re the scammers.
looks like Options Rider is going after more victims.
So basically all the “we’re gunna stop recruiting new investors and prove we don’t rely on new investment” crap we had being spewed last month, was a crock of shit.
Of course they’re going to “reopen” recruitment, they need new investment to pay existing investors with, or the scheme collapses.
And of course that pimp message is from none other then Ken Russo!
When will he be made to take responsibility for all the scams he drags his sheep into?
Why wouldn’t it be sustainable? If they were generating revenue exterior to the scheme itself, what does it matter how much money they pump into it?
Oh right, too much money and the Ponzi ROI starts to exponentially take off…
Riiiiiiiiiight. Just like they were going to “close their doors” this month too, this will turn out to be a load of BS.
Ponzi schemes cannot shut off their major source of revenue, that being new affiliate investment.
They were never going to close the doors this month you idiot. They only closed it for a couple of weeks to get caught up and get everyone’s account active.
You only speak half truths and don’t have your facts straight and just start shooting at the mouth. It really doesn’t matter what you say.
Those that are in will benefit greatly and people like you will still be lying to people making pennies about every program that comes out and saying it’s a ponzi. Good luck with that.
Ladies and Gentleman,
If we can only help a few souls “wake up” and see the truth so be it. But the ones that still want to drink the Kool-Aid enjoy the dream.
All one has to do is some homework to see these guys are not just a little shady but a WHOLE lot shady.
Go to their website and read the Client agreement.
A HUGE red flag is this:
THEY ARE NOT authorized nor regulated folks. You are sending your money to a whole different jurisdiction.
THIS IS A BOLD FACE LIE put forth forth to appease the fools who “believe” everything they read on the internet.
They also say they trade through CES capital. No record of Options Rider with them.
Bob Roberts is suppose to be just a “consultant” like Michael Sloan and Thomas Carter but it you listen to earlier calls they where owners and then not and now they are. WTF.
Just the tone of the every changing story is enough to tell you these guys are Scammer Scum bags BUT again the believers will keep believing cuz that Kool-Aid tastes sooooo good.
They are also only paying a few people. Of course they are doing to do this to keep the rest of the Kool-Aid drinkers – drinking.
Any legit Binary Options company will be officially registered in a legit jurisdiction. They will have a phone you can call and will REPLY to emails.
Seriously get your head in the game folks. “Wishing” for this deal to work is no going to make it work. So do the world a favour and if you want to “give” your hard earned cash away give it to a charity where it will do some real good for the world.
There is an endless list of reasons these guys are not above board. You either want to see it or your don’t.
Options Rider’s compensation plan isn’t a secret. They take newly invested funds and use it to pay off existing investors.
That makes it a Ponzi scheme, and it will collapse eventually – just like BancdeOptions before it.
Correct me if I’m wrong here..I was a B+ math student in the day..But,maybe I forgot to carry the 2 ?
If just 1 of the 12,000-15,000 affiliates .decided to do the maximum investment and wait 2 years..based on their trading percentages (75-85%) in less than 2 years he/she will have an account balance of around $400,000,000.00 dollars. ?
Would this then be on day 1 after the apx 2 years..around $30,000,000.00 per day or X 20 trading days a month (600 million a month ) in trading commissions ? (lqtms)
If so, has anyone contacted Warren Buffet or Bill Gates ?
Has anyone else seen this piece of Options Rider’s financial chicanery? It came in from Harris Desormeaux.
Two Australian accounts were being used for larger sums of laundered money.
Wow, I just thought I would check to see if everyone got the message about this Scam.
I guess they have people writing bogus reviews to keep the scam going… Just put your money elsewhere!!
How can anyone wire money to a foreign company that claims to be regulated by a government agency that doesn’t exist?
It’s a blatant lie. Who could be that stupid!
At my coworker’s insistance, I just listened to a recorded Options Rider conference call taped yesterday.
The minimum to get started is $3,000. Yikes.
Couldn’t hear the guy’s name because the audio conveniently cuts out when he says it, although the rest of the call is crystal clear. lol.
Coworker has already invested thousands and won’t heed my warnings. I give up. *sigh*
Has anyone been contacted by the FBI? They are looking into the aspect of international Wire Fraud.
If you have e-mails or videos from anyone selling this (DEAL) — please do not destroy.
I ‘invested’ $5k in a managed account last October in BancDeOptions and cannot get my withdrawal processed (requested May 1).
Does anyone have any suggestions? I have posted YouTube and Google Plus videos, reported to Forex Peace Army and other watchdogs and written to Commonwealth Bank of Australia.
I have been informed they are in liquidation and that I and other investors will be updated next week.
Any suggestions on applying pressure that might get my funds back?
Who told you they were in liquidation Vicki? I heard they were being bought by a Chinese Bank.
They are moving their Bank Accounts to Australia and New Zealand Banking Group Limited.
When in doubt, You may want to refer back to Robs post #122
It’s simpler than that, SBJ… New Zealand DOES NOT HAVE a Securities and Exchange Commission. Investments are handled by FMA “Financial Market Authority”.
The entire claim is BOGUS. We knew that a month ago.
@ Michael – I received an email and Skype from Ray Johnson Smith, supposedly the VP of Finance at BDO who left may 29, also telling me that BDO was partnering with a major Chinese bank in the coming few weeks.
But when I wrote to Commonwealth Bank of Australia, I received an email back from (removed) requesting me to contact (removed). I received an email from a Sabina XXXXXX (removed) on Jun 12 at 12:42 AM that read:
Does this look legitimate? Looking at the URL in the email address, it looks like a private company, not a governmental agency.
Is Commonwealth Bank of Australia even legit? I don’t know who to trust at this point…
Why was the originating IP address for the email and URL for Veritas Advisory removed? I was inquiring whether I’m even hearing from legitimate organizations…
And I would certainly hope that folks investigating whether to invest new funds with BDO or Options Rider would have sufficient warning at this point, but can anyone advise on any other avenues I might take to recover my funds already invested?
Is Commonwealth Bank of Australia legitimate? Should I contact the FBI to claim wire transfer fraud?
The Commonwealth Bank of Australia (CBA) is one of the four largest banks in Oz and was government owned until 1996 so it is definitely legitimate.
Whether or not the email actually came from the CBA is another matter
Comm bank of Aus is legit (commbank.com.au). Veritas Advisory are listed as a liquidation group.
CBA is one of the biggest banks in Australia, so if they told you to contact Veritas Advisory I’d listen to what they have to tell you.
I removed the email addresses and IPs as I felt it was a bit too much.
The Bank they are moving to is the second largest bank in Oz. Why would that bank admit these accounts if this is all common knowledge?
I took the term liquidation to mean the old accounts were being closed, not as if in bankruptcy.
Banc De Binary which is a Binary Brokerage chose to leave the USA rather than comply with regulations here. This is a grey area business to begin with and nothing is certain.
This is all just my opinion as I am trying to find the truth myself.
Veritas Advisory is also listed as a turnaround specialist that gets companies out of trouble. Maybe they arranged the merger with the Chinese Bank.
Thanks, everyone. It sounds to me like I should hold tight pending receipt of the notice from Veritas Advisory, which I will hopefully get next week as promised.
But I’m a little perplexed why a Chinese Bank would want to partner with a company whose alleged service appears so clearly to be a Ponzi scheme…
Please let us all see the notice you get from Veritas Advisory.
I have never gotten any info or email from BDO or anyone else. I have had to figure it all out myself.
I definitely will do.
Skype response just received from Ray Johnson Smith:
Thank-You Vicki that is very interesting!
(Ozedit: This isn’t the place to trade contact details of private third-parties)
Got it. I was just trying to determine the legitimacy of the domain and originating IP address on the email. I was not meaning to divulge individual contact details.
Well, I received a request from Veritas Advisory stating that BDO is in liquidation and requesting that I complete a claim form and submit supporting documentation, which I’ve done with screen prints of emails, Skype conversations and web pages of trade balance and detail.
Does anyone have any idea of what I can reasonably expect?
If Veritas Advisory has indeed taken over this whatever, it means either they declared bankruptcy/insolvency themselves… or the authorities seized them and declared it for them.
Better check the NZ/AU bankruptcy/insolvency archives.
New Zealand Business Bankruptcy Online database shows nothing and the Australian Bankruptcy Online database charges $12 for each attempted search. Not for me.
Should I engage an attorney? Would it increase my chances of recovering the full account balance?
Just curious, what is the relationship between Banc De Binary and OptionsRider?
First, all of my input is about BancDeOptions, not BancDeBinary.
I think I read above that someone drew a connection between BDO and Options Rider, but I personally don’t know. There was already some conversation going on about BDO, so I just added my info.
In which post did you find Banc de Binary mentioned?
Vicki has mentioned Banc de Options a few times, e.g. in post #123. It has been mentioned in many other posts too.
If they’re already in the control of insolvency group then the insolvency group is bound by law to pay you.
Getting attorney now only means you pay attorney fee without appreciable gains.
Oops, should have mentioned “as long as you registered as a creditor, as per insolvency laws”
Thanks, K Chang. I don’t know how to officially register per insolvency laws, but have filed a claim with the liquidator yesterday. That should be official enough, right?
The search string banc de options creditor claim Veritas Advisory gave some meaningful results, e.g. a pdf about creditor meeting on June 1st 2015.
I’m not familiar with this case, e.g. I don’t know if more than one company name was used here.
1. MANAGED OPTIONS PTY LTD – Veritas Advisory
2. FIRST REPORT TO CREDITORS – Veritas Advisory
Fund Options (Australia) Pty Ltd
ASIC Published Notices
“which post did you find Banc de Binary mentioned?”
Please refer to #133, i don’t know bancdeoptions but i know banc de binary, that is why i asked.
I don’t think there is any relation there. Banc De Binary was just mentioned as an example of “grey area” in that post.
Update from the liquidator this a.m.:
Does not look hopeful.
Has anyone received any pay-outs from option rider in the last week or so ??
Yes people are reporting payouts in the last week.
It took me one hour to read all the comments. Well, i’m a victim myself of the Option Rider problem.
I invested 4000 EUROS and my account is balanced now a bit more than 14.000 EURO. My first withdrawal request was on May 27th and they said it was not requested in the proper way.
(Ozedit: removed at request of comment author)
I also want to go to my lawyer and try to get my money back same as Vicki.
I live in the Netherlands and I actually don’t know where and how to start my case. Anybody have some ideas for me?
This is the latest Option Rider Newsletter:
“Inward recall of funds” sounds an awful lot like “we need to launder funds through new bank accounts because they’re onto us”.
Don’t answer any questions from the bank? Right, I’m sure that’s not going to set off any alarm bells…
Oh and have they stopped pretending Bob Roberts doesn’t own Options Rider yet?
Kinda makes you wonder: is Bob lying through his teeth about “deposits overwhelmed our banking system”?
A far more likely explanation is he’s opening new accounts while his other accounts were frozen.
Perhaps that “forced insolvency” is total bull**** too. Maybe it’s just a red herring.
The scammer Michael Sloane is posting about slander (lmao) on the MMG forum under the teambuild section!
This has become a laughing joke. There is zero going on here behind the scenes….these guys are just advancing to the next scam..
I had my heart and soul in here and they took me for a spin….
They are not paying withdrawals, just making more excuses.
All of it is a SCAM. Save all your info, People will go to Jail over this one.
A Letter From Bob Roberts to extend and keep the Scam Going , What they do is take money, they do not pay.
Look at bancde options. This will go down like the Titanic, Keep all Records, People will go to Jail over this.
What does Bob Roberts mean by ( putting a time cap on each account ??)
I read that letter as saying, give us your money fools, we decide if we will give any back but only if we feel like it!
You have to “renew” periodically rather than leave your money in indefinitely.
Well I know of people that have received withdrawals. The time cap makes a whole lot of sense for someone who b plans to let the account build to large.
Ray: is it wise to let the account build up to 5 months?
Damn if you do..Damn if you don’t..!!
I guess you can turn your head,look the other way, not rock the boat…. and somehow try and sleep at night knowing now that your actively promoting a ponzi to your closest friends and maybe a couple family members and hope you can continue making withdraws from the money of your friends and family members sent in after you…..
OR.. take a stand and say No More.
This and programs like this have to be stopped… and more than likely get your account closed…Ol-well ??
Last wake up call….. After everything that been written on here, including my 6k that these people stole from me and my associates, if anyone sends these criminals money, its on them…….
Sadly, it will be on to the next scam for these guys until someone exacts their revenge. It’s coming.
So for all you Folks that are still drinking the Kool-Aide and refuse to wake up and taste the Options Rider reality… Well I think Ron White says it best:
“YOU CAN”T FIX STUPID!”
It also means months for the perps to disappear since nobody knows who really runs this outfit. “Bob Roberts”? Bob is a nickname for Robert. So this is like a stage name, like “Marky Mark”. Of course he will insist that he exists. Nobody had ever verified his identity… except other unidentified people.
That’s why REAL investment companies had to register with the government… So government can catch them or at least ban them if they ever ran off with your money.
And it’s clear this is NOT a REAL investment company if they don’t play by the rules that protect the investors, no matter how much they promise. This enforced delay in withdrawal just means they will keep your money and you won’t be able to do anything about it.
Remember, New Zealand DOES NOT HAVE a securities and exchange commission, where Options Rider claimed to have a license from.
If you want to trust “liar liar pants on fire” Bob Roberts, well, that’s your choice.
I did not introduce anybody for commision. Pure deposid money.
So, do i just let it go and accept that i lost money. Or can i still get my money if i talk to my laywer?
How many of you have actually deposit money with Options Rider? It seems some people are not even members!
And what does *that* have ANYTHING to do with whether OptionsRider is a fraud or not?
Do cops have to be criminals to arrest people? Do reporters have to join a club before they can report on it? Do doctors have to catch a cold to develope a cold medicine?
Ready to hear the lies of SCAM ARTIST, Micheal Sloan, Bob Roberts, Thomas Carter and Bryan Conley:
Hi guys, I just filled out a fraude form on the FBI site, as well a complaint referral form on Internet Crime Complaint Center and on Financial Services Complaints Limited also.
Let’s see what’s going to happen.
Meanwhile…are there any hackers over here? I really need to know where I can find the owners of Options Rider. You would be helping me big time. I want to do the old skool knock on the door routine. 😉
Filled out an form on acorn.gov.au as well!
So nobody is getting paid, money laundering flags have been triggered freezing bank accounts and these guys are blaming banks in Greece.
I just sent an email to Anonymous Hacker Group for help to reveil the real names of the owners of Options Rider. Maybe home addresses? 😉
I told them pretty much everything about their ripping people off. 😉
Ozan, can you please provide the links for the FBI and Internet Crime sites, etc where you filed complaints of fraud?
I would like to see the individuals involved, incuding the account reps, criminally prosecuted.
Can anyone confirm whether Options Rider is in fact related to Banc De Options?
My issue is with BDO, but somehow my search for BDO brought me to this thread about Options Rider. I don’t know what the tie-in is, as I’ve never heard any of the names I’m seeing cited in my correspondence with BDO or Fast-Signals.
Update from BDO – yesterday I received an email from support saying “We was on court with our Bank and we will pay back your inicial deposit.”
When I replied, “I will require the full amount including profit that was displayed in my brokerage account”, they replied, “Yes, we know. But this is for start.”
Go to the SEC people and file complaints. These people will go to Jail.
Margaret: Whats the web address for that?
I replied to a person about options rider and they sent me this boatload of crap.
They are going to take all the money they can before they leave town. Bryan Conley said its so, So that makes it all Good. The same people that push Scam after Scam are pushing this hard.
Yes this is Bob Roberts, the same one with bancde that set up the piggy bank.
Margaret, why would the SEC care? These are non-US establishments over which SEC would have no jurisdiction.
It seems to me that only agencies like the FBI, Internet Crime. wire transfer fraud, etc would have an interest.
I see a site IC3.gov where a complaint can be filed, but it appears to be for the purpose of disseminating info to various agencies. I do not see anywhere on the site where they are offering any assistance in recovering funds lost through fraud. And once a claim is filed, it cannot be cancelled.
So it seems to me that threat of filing the complaint is actually more powerful than actually filing, if the objective is to try to recover the funds.
Once all hope is lost, then perhaps a claim should be filed to bring any justice possible to the perpetrators…
Vicki may i aks what you wrote to BDO to get a reply with we will pay back your inicial deposit?
Ozan, I have been writing weekly if not daily asking for an update.
I have complained that the BDO site continues (ridiculously) to show daily trades on my account although I have been corresponding with their liquidator.
I have made them aware of the social media exposure I have given to their operation and have threatened further escalation including pursuing criminal charges against the individuals involved as well as the corporate entities.
I don’t put much credence in their reply that they will pay me back. I think it is just the usual delay tactic.
Vicki, I did the same with threatening to contact the authorities but they actually send me this aas an reply:
I wrote BDO support and asked them why some members got newsletters/updates and I did not. They acted like they did not know what I was even talking about.
I asked to be added to the mailing list but have never gotten anything.
Ozan, I got a similar response from Ray Johnson Smith, who supposedly resigned as VP Finance June 1. I don’t think legal threats are as effective as showing them your social media campaigns.
And Michael, I also have not gotten newsletters. Smith acted surprised by that.
Afterwards, I think I got one update, but nothing has ever advised me officially that they were going through liquidation.
So what do we do next?
I’m not sure there’s much to do right now. I will continue to ask BDO support and Veritas (liquidator) for updates every couple of days.
Very well…now we wait 😉
The SEC regulates the sale of these fraudulent investments to US citizens.
People in the US Bryan Conley and a owner Thomas Carter is a owner and resides in the US. Micheal Sloan and Bob Roberts are said to be US citizens. Thats why.
Margaret, do you have a direct link to the complainy form on SEC? I could not find it.
Got it, Margaret. Thanks for clarifying.
Can anybody help me our with this email that i just received from Financial Service Complaints Limited (FSCL)?
Is this correct and updated?
Already told you: New Zealand DOES NOT HAVE a Security and Exchange Commission. Any information Options Rider provided is pure BS.
I doubt FSCL will do anything for you. They are for disputes between customers and legitimate companies. There’s no proof that Options Rider is even physically in NZ.
Yeah i know buddy, but this is the only info i have and i just passed it to FSCL and SEC.
Why aren’t they accepting wires from Bank Of America or Fifth Third Bank?
I told people when it all started back in April, and everyone said how trusting Thomas and Bryan were and all the big time scammers were on the hook and Bryan says we would have bung you all into bancde options if they were prepared for the growth.
Thomas Carter announcing his ownership of Options rider, He is one third owner. This was a recorded call by the way, Remember that, then I knew, Scam, Bob Roberts the Liar, and the Pictures came out with Bob Roberts, Thomas Carter and the Conley Twins.
Bryan and Robert Conley the spokes person for running Scared Thomas Carter. Then they said he was sick, Really his conscience caught up to him.
Well we all know about bancde and all this bull shit that was spun out of some Miracle Secret sauce that was supposed to make them rich. I told several of you, You know who you are.
The ones getting rich are the Scammers, Not the Scammed, One more for the so Called good christian s promoting it. All the New Yorkers I know that fell for this SCAM. Smart people, that wanted it to be true.
I hate to say it I told you so. And they stile send me stuff to get into this crapper jack program.
Guys by all means discuss Options Rider, this isn’t the place to dump personal details of those running it.
Oz, these people are Options Rider. To stop Options Rider we must stop these individuals. And that’s why we need info about them.
That’s all very well, but at that point we diverge. There’s a fine line between activism and information.
True, but we need more info about these people whom running OR. Without that we can build up a case against them and deliver it to the authorities. The information about OR or even BDO are mostly false, but the info about the these individuals are true. We need true info, evidence.
We can discuss endless that OR is a Ponzi Scheme and a fraud. We already know that because some of us believed in their story and lost money. Now we need to take action and at least try to stop OR before they are ripping more people of their money.
I know that I can’t get my money back, thats my stupidity and my loss. But i wont stop exposing these individuals. And thats not activism, thats just payback.
I know this might seem personal, but what you need isn’t necessarily in alignment with the purpose of this blog.
I’ve maintained this approach pretty consistently since launching BehindMLM, and so and I’ll reiterate: It’s not a place to dump personal information.
Very well Oz, let’s discuss more about OR and the updates. I need that info also.
By all means.
So, what do you got for me? :p
I haven’t seen any further updates myself.
Early at the beginning scam log of options rider and owner Thomas Carter Bryan Conley Micheal Sloan and Bob Roberts.
Look them up people you will find them. We have records that are public in this country.
One more early Launch for the crooks . This is how confident they are that they can get away with it.
Margaret, are all of these guys (Bob Roberts, Bryan and Robert Conley, and Thomas Carter) involved in BDO and how do you know?
Are there recordings, websites or emails where they indicate that?
I also see the name Michael Sloan associated with OR.
i ll pay to bdo with another company so i m not sure when i seen my money. I ll hope indeed to see money.
Ill send a e mail to the liquidator , vannessa… She told me that the company who has my money not been liquidated. So i hope that i get my money back.
btw sorry for my bad english , but i m from belgium.
Wouter, what company did you invest with? And when you wired your deposit, what was the name on the account you sent it to?
Mine was sent to Managed Options Pty, which is the company in liquidation.
hi vicky ,
i ll sent it too skyoptions ltd .
im paying an 30000€ and now is on my account an little 200000 € i have pay on 23/04/2015 .
i ve been unrested en then i have seen your video on youtube and have beginning too investigated . The liquidator have told me it is not in liquidation (skyoptions) btw.
So now i do what ?
Ponzi scheme of optionsrider has stated that they will keep taking money until the ponzi scheme fails, yes another bancde.
Bob Roberts, Thomas Carter and Micheal Sloan are criminals. Robert Conley is running the calls and telling lies for optionsrider.
They cant pay people and keep telling lies about why they cant pay.
Too many people came in. This is a long term investment. You have to wait months to get paid sound like they have money. They have to wait on new money to come in to pay.
What a SCAM. Options rider is bancde part 2.
Hello, I invested 22.000 EUR in Bance de Options. WiiKlick PTY LTD and Sky Options Australia PTY LTD.
For the first one withdrawal should be possible in June 15, but nothing happened. Is there a change to get any money back? What should I do?
Whats the odds that the owner’s and top leaders are keeping top leaders and personal friends at the top of the withdraw list ? Making sure their takin care of first ?
Thomas Carter is about to Run. He is too sick to run his Ponzi, he will run with the money . Its almost over Folks.
Options Rider Newsletter July 21, 2015
Has anyone received any pay-outs from Option Rider in the last 2 weeks in July ??
YES I DID 2 days ago.
@Fred did you receive earnings or bonus money for people you brought in ???
Bob Roberts used to be with BDO and left to start BOC as he did not like the direction management was taking. (According to a conference call about three months ago)
He said he wrote the software and was leasing it to BDO. That was his only connection. For what it’s worth.
Seeing as they initially completely lied about Roberts’ involvement in Options Rider, that’s not worth much.
Banc De Options was the precursor scam to Options Rider, with Bob Roberts a constant between them. One collapsed and then Roberts started up Options Rider.
The rest is porky pies…
According to this post Ray Johnson was taken into custody.
Interesting, but they don’t cite a source so not sure “who” took Johnson into custody.
It sounds like it might be a transcript of an affiliate call.
Anyway, nobody is getting paid in Banc de Options because it collapsed. If Roberts (or whoever is running it now) can scam some new Chinese investors, everything will be hunky-dory (for a while), otherwise it’s officially kaboom.
Options Rider is obviously going down the same path.
Hey folks — how about some info on Option rider no posts in over a week>>>>
I’m optionsrider I don’t smell any scam everything look good almost 5 months now.
I don’t hear anybody complaining except those Who request withdrawal get paid.
Ask me I’ll tell you what I know honestly
on their website today it says
Looks to me there’s something just about every week now that keeps them from “TRADING” (paying commissions)
Maybe their trying to slow this derailing freight train down ?
Obviously they know what those variables are if they can attribute them to no trading.
What that message should read is “not enough new investment today, go out and recruit more people so we can pay you”.
I have been searching for evidence that BDO InFact is a scam, so far i got nothing but posts on various forum sites like this.
I have invested a small amount so it doesnt affect my economy very much if it turnes out to be fraud, but still, what pisses me off is that i and so many People like me have build up hopes of Financial freedom in the near future.
So, i would just like to know for sure. If it collapsed like OZ suggest, why are they still trading? And why do my account manager answer me on skype when i ask for a top-up?
i did this today. wouldnt it be reasonable to think that they would just shut Down and run With the Money?
Did you look at the business model? Did you see anybody actually trading which in turn corresponded to the ROIs you were paid?
Because they’ll keep paying out as long as new investors such as yourself deposit funds with the scheme. There’s three now I’m aware of, and they obviously share funds between the three.
Because until the suckers and their funds run out, there’s no reason not to?
Not until people stop joining all of the various schemes they’ve launched. Once the new funds dry up it’ll happen. Always does.
I totally agree with you OZ.
Hello everyone, I just want to warn people about bancdeoptions.
I have read in a few forums that some people are actually paying and sending that management fee to bancdeoptions in hopes that they process their withdrawal request and they still do not receive any of their money from bancdeoptions. Do not send them any more money.
This is why they are still operating. They have taken people’s money and now they want more. They are never gonna pay.
They will continue with this ponzi as long as there are people still sending them money.
I myself have not received my withdrawal request but I refuse to send that management fee they are requesting because I know I will not receive anything anyways.
NEVER do that. It’s known as “throwing good money after the bad”, or as Chinese put it: trying to hit a stray dog with meatballs: “it only goes one way!”
In formal terms, this is known as a reload scam: they capitalize on your fear of loss then manage to squeeze even more money out of you.
You have to understand not to put your light money into these things.
Who goes to the casino and gambles every penny away and then complains to the fbi. They are paying, it’s just slow as hell for some reason.
I think they don’t want to many transactions going through the banks. They are coming soon with a e wallet.
light money = ? someones rent $$ / someones home repair allowance / kids lunch money
into these things = ? illegal business / ponzi scheme
They are paying = ? new recruits sending light money
don’t want to many transactions going through the banks = There won’t be any soon..!!
They are coming soon with a e wallet.= ? incognito
Ray..you seem fairly intelligent… help stop** these things**
Casinos are VERY tightly regulated with regular audits and whatnot. They also play games of chance with well known odds that are calculated mathematically.
OR was supposed to be real investment not dependent on chance. If you’re saying they are actually games of chance, then they are fraudulent and thus DESERVE to be busted by law enforcement.
these guys are relentless and now comes options giants!!! i guess people quit this so they lower the entrance fee again back to 500 dollars. to pay people in this scam!
@K Chang The reason why I said take a chance is because there is NO guarantee of winnings.
The trend is showing they are winning but if you look at the bottom of the website it clearly says you can lose partial or full funds from them trading with your money.
Thought you might want to hear this.
This is about OG and they talk some about OR.
Um..Yeah..Ray, Now your just embarrassing yourself.
Did you not read Oz’s whole blog and all comments attached? There is NO TRADING PLATFORM..!! It’s a front for a money driven.. money in and money out PONZI SCHEME..!!
I’ll admit, It’s a very well thought out front for a ponzi.. Must be.. there’s 100’s of em.. Take your pick…
Don’t need to be a guarantee. As long as it’s presented as an investment, it’s an investment, and a fraudulent one at that, since their permit is bogus and verbiage copied from a different continent.
Thanks for sharing that.
Bottom line is “investing in a shared account” = securities offering and neither Options Giant or Options Trader are registered with the SEC.
Yet they continue to solicit funds from US investors, which they apparently launder through Australian banks.
Then correct me if I’m wrong (and I’ve been known to be) But, according to your latest news **behindmlm.com/companies/usfia/is-usfia-tied-to-options-giant-ponzi-scheme/** The folks that are actively involved in BancDe Options… Binary Options and now Options Giant are nose deep in one of the largest bank wire fraud criminal activity organizations out there ..?
PEW..!! Something Stinks..
I might owe Ray an apology,, He is right..!!
When doing these things it is very important to use (light money ) or disposable income. That way when it implodes or gets shut down by the authorities….there’s no big losers…
**I’m sorry**.. But, what about your reputation in the industry and in your community.. or all the hopes and dreams that were crushed and now people are trying to put their lives back together from focusing more on than their careers?
I never tell people about these things. I win most of the time by myself.
I made $1000’s on top of 1000’s with Rev shares. After Zeekrewards, I keep it all to myself!
So you’re a sneaky scammer…
Uh, here’s a cookie?
I just wanted to share with those who cannot withdraw from bancdeoptions. There is a facebook group who is gathering letters from investors that lost to bancdeoptions.
From what I gather if they get enough people they will try to pursue legal action. Don’t know much detail but if you are interested visit:
(Ozedit: Link removed)
@Lisa These sorts of actions haven’t bode well in the past (people have gotten ripped off).
Class-actions can be grouped after something has been filed, till then we have no idea if they’re just looking for fees or not.
You are right Oz, I will be careful with that kind of stuff.
@ OZ, How does it make me sneaky when I have not told anyone to join. I have not sponsored anyone other then my dad which he joined on his own knowing he may not see anything out of it.
I make enough on my job to play with these things. Trust me I do not have to be sneaky or steal money from you or anyone else.
I highly suggest that all of you be careful with what you play with in any business online. Trust only 1 percent of what you see online and you will be ok!
Yet through your participation in Ponzi scams, that’s exactly what you are doing…
It’s a ponzi.
Every dollar you earn comes from the fees of someone else.
IOW, you’re stealing other peoples’ money, whether you like it or not.
Options Rider has closed the door to new investors.
ruh roh …banking issues again ?
According to their news letter they’ve hit the max for new investors.
Ok. Just another fool here. Wishing and hoping. Seems like trying to recover is just a waste of time added to the waste of money.
DOES ANYONE HAVE NEWS FROM OPTION RIDER ???
I have friends that say they have submitted/requested for partial monies to be sent to them, as they plan to keep some money in their account. I am anxiously awaiting to hear what the result is and whether or not they get any money.
They fully support this and believe strongly that they have made “a lot” of money and it will continue to grow! For their sake, I hope that is the case!!
I too am curious as to whether anyone has any updates. I must I’m surprised that I cannot find MORE information about this being a scam and that many are being ripped off.
Has anyone gotten any withdraws lately?
Today they announced on a call that an ewallet will be available on the 15th.
Well played… distract and confuse everyone.
Due to technical problems the e wallet is postponed for 7 days – lets wait and see.
Why does one have to wait months to withdrawal?
Because new investor funds are running low.
hey has anyone recieved any money payouts from Options rider ever? I put in 4k, currently at 44k, will I see any pay out?
(Ozedit: covered here – https://behindmlm.com/companies/options-rider/options-rider-gunning-for-one-last-investment-hoorah)
“Because new investor funds are running low.”
One cannot advise the new investiteurs who demadent us information because we do not have any trace of refunding
I requested a payout 3 weeks ago… So far, no response from OR. I have mailed them, no response. Tried live chat, no response…
Your Money has went into the crapper Thomas Carter one third owner has lawyered up. What a SCAM
youtu.be/2JpjUXae_Ao These Rats are going down
Has lately anyone get money from his account, looks like when there is nothing left
Who received money or an answer options rider?
no money no answer
looks like when the store is close, only the homepage is still running. I’m afraid that’s the money for us.
Would have been too good is a matter for the attorney and the police.
I have sent them a withdrawel in early November last year. I repeated the withdrawel several times. I sent them reminders 8 times. Not even ONE answer up to now, 22th January 2016!
A serious company would have answered surely and would have told the reason of the delay. To hear NOTHING is always a bad sign that the company is unserious!
Just because they reply does not mean they are serious about paying or anything else. A proper business model is a sign of a serious business. Along with performance of said same business producing results over time.
What you have here was wrong before any withdraw took place. Lesson learned do your research before you spend into these things as the money you save might just be your own.
Bitter pill to swallow. Hopefully the lesson is learned for me. Writing off taxes and moving on.
This is an email I received, although not a client…
Health problems blamed for withdrawal delays… check.
Investors told to not withdraw… check.
Blaming regulatory fallout (bank accounts shut down) on investors… check.
This is all straight out of Ponzi excuses 101.
The reason they want you to wait 8 months is they hope by then they’ll have enough new suckers investing to pay you out.
If not they’ll just do their final runner and be done with the charade.
Bob Roberts was some guy running the Ponzi scheme out of China (or a neighboring Asian country). The alias has been killed off and what’s left of Options Rider sold to investors/insiders.
The guy behind Bob Roberts has likely done a runner with his payload and will now retire until it’s time to start scamming again.
Hay guys, it’s Rob Boberts here from China and I’ve got a totally new options scam for you to invest in…
…Bob Roberts? No, no, no, he died yo. Didn’t you get that email I- uh, I mean that guy who totally wasn’t me sent out?
eight months wait for blur trails, and what comes after, no more money there, sorry !!!!!!!!
Has anyone heard any new updates on what really happened or ever got a hold of anyone in New Zealand or Australia that know for a fact it was a Ponzi scheme?
Just want some actual details on what really is going on. Isn’t there some kind of security exchange or something that would have any clue what happened or if theyou are figuring anything out?!?!
The scam wasn’t run from either Aust or NZ. Not much authorities there can do other than terminate corporations and bank accounts.
From the sounds of it the trail has gone cold and all Options Riders investors who didn’t withdraw their initial investment lost money.
Please assist getting help or any information to get my funds and close out my account with option rider thanks.
OptionRider CLOSED THE OWNERS STOLEN ALL THE $$$$$.
I agree with you we all got bit and need new resolve on this issues is anyone listen? We all got mislead and we all need to do something and get our money back anyone out there have any suggestion?
This is devastating for me. Every time I think about what I invested to this company, I feel like throwing up.
It is more sickening when I think about the money I invested were savings I had while I was deployed in Pakistan….. lesson learned and moving on.
I work for the Australian Broadcasting Corporation and I’m looking for people who lost money in Options Rider.
If anyone fits this description, please contact me on +61 437 448 326 or firstname.lastname@example.org. It can be an initial background conversation that is for research purposes only.