If you’ve landed on a page promoting a scheme called “The Orion Code“, then you’re probably not alone, since there has been a plethora of links and advertisements pointing to its sales page.
What does it claim to be? A secretive new trading system that will all but guarantee instant wealth.
What is it really? One of a large number of get-rich-quick schemes trying to promote a binary options trading platform using false promises and guarantees of wealth, as well as using many misleading advertising techniques.
If you’ve come across something called “The Orion Code”, you may have stumbled upon it through one of many different channels. It could have been a “sponsored post” on Facebook about how a teenager got rich using secret trading software, or it could have been promoted through fake news websites purporting it to be some underground wealth system covertly created by millionaire Sir Alan Sugar. Or it could have been something else.
However it got your attention, everyone is funnelled through to the same sales video. A man gets on his private jet accompanied by his own staff all wearing uniforms adorned with the “Orion Code” logo. The man tells you that he has got an opportunity for you – an opportunity that will cost you nothing, but can offer you everything.
We’ve heard it all before. It’s a get-rich-quick scam, constantly telling you that it will cost you nothing, right up until the point it asks you to enter your credit card details. It’s actually a scheme promoting a binary options broker. The scheme wants you to sign up and start trading with binary options using their “preferred” broker who – according to their sales hype – will make you rich beyond your wildest dreams.
But it doesn’t work like that. Any scheme that has to use fake news articles, fake endorsements, fake “limited spaces available” countdowns, hired actors and a variety of contradicting advertisements as to what “The Orion Code” actually is isn’t likely to turn out to be something legitimate. In fact, “The Orion Code” is just a permuated version of an older – but extremely similar – scam called “The Quantum Code“.
Binary Options trading is an extremely risky method of trading that asks investors to predict whether a specific stock will rise or fall in a short period of time. Predict being the operative word, since there really is no reliable way of determining if a stock will rise and fall over a short period of time.
If you get it right, you get a return. Get it wrong and lose your investment. Basically, it’s gambling. This means schemes purporting to offer secret systems or software that can make you rich with binary options are akin to those dodgy systems claiming you can beat online casinos.
Binary Options is a largely unregulated form of investment and as such those who use them can potentially be cheated out of their investments.
Those spammers behind “The Orion Code” will receive commissions for each person they send to their “preferred” binary options broker. For our full article on binary options schemes, click here.