Plenitude Formula Review: Run Away from this Scam!

In this Plenitude Formula review, we dig into some of the reasons why this program is definitely a scam.

Plenitude Formula Review

PRODUCT NAME: Plenitude Formula
Price: Minimum of $250
Overall Ranking: 0/100
Owner: Some guy called “George Ackerman”
Verdict: Scam
Our Recommendation: This is another high-risk binary options scam. If you want to learn how to build a real business online, check out my top recommendation.

I am not a Binary Options expert. What I am is someone who can call BS when he sees one. In case you missed the verdict, I call BS on Plenitude Formula.

I normally enjoy reviewing these binary options scams because I do not have to spend money to test a program that screams “scam” straight from the homepage, they are extremely easy to review due to how similar they all are, they bring the hidden private investigator in me and lastly, the acting and quality in their videos are usually impressive these days. Imagine my disappointment when I saw how poor the quality of Plenitude Formula’s sales video was.

These scams make their videos long and deliberately hide the video player controls from you for a reason. They sell you dreams of high earnings early on and then count on you getting bored quickly of the crap they are talking. You stop the video and then sign up for free.

Well, it worked! I do not know how long that video is because I stopped it when I got bored, but I did not stop it before I had enough evidence to back up my claim that Plenitude Formula is a scam.

The Owner

Normally, it is almost impossible to identify the people that pose as the owner of these binary options scams. I know they are actors, but I never ever find them.

In the case of Plenitude Formula, I found him…

The guy that plays the role of George Ackerman in the Plenitude Formula movie is an actor that goes by the name of Eric Newsome.

He has to be a very desperate actor to accept to read a script that claims you will earn $70,000 per day! I have seen bogus claims before, but $70k a day? Come on now…

This is more serious than a movie. This is a real life scam where actual people lose money. I do not understand why this actor would get himself tangled in something that could destroy his reputation.

The Testimonials

This is where the private investigator in me comes out. Here is the first guy that did a testimonial…

Every single one of the testimonials are from Fiverr actors. This guy even uses his part to promote his gigs on Fiverr.

Then the next guy…

Once again, he uses his part in the video to promote his services on Fiverr.

Then this lady…

The picture on Fiverr was probably taken during the shooting of her testimonial. She is rocking the exact same outfit.

Then there’s this guy too…

Their Cliché Claims

There is a checklist of things you would find in a typical video promoting a scam program:

Outrageous claims of what you could earn: Most programs try to keep it modest by saying you could earn $100, $500 per day or for the ones that want to push it, $1000 per day. The Plenitude Formula skips these figures to $70,000 per day. LOL.
A fake call to action: Plenitude Formula says you will be one of only 15 beta testers. This is a good example of a fake call to action. The program might have been available for years at the time you are reading this, so are you trying to tell me they have not gotten 15 beta testers all this while?
The video will be deleted after 250 views: Yeah, sure it will. The guy in the video claims to have hundreds of students earning six figures a day and somehow the video still does not have up to 250 views. Give me a break for goodness sake!
The usual suspects: I have been reviewing programs for a minute now and one way I can tell from the beginning that a program offers little or no value is when they are showing off mansions, expensive cars, fancy vacation spots and unsubstantiated income statements. They do not have any valuable information to give you, so they remind you of what riches look like.

Binary Options Trading

Binary options trading in itself is not a scam. However, these systems that claim to have the magical software that will make you rich overnight are scams.

There are only two outcomes in options trading: Win or lose. Hence the term “binary”.

This is somewhat similar to gambling. You put your money on a prediction on whether the price of an asset is going to rise or fall within a short space of time.

If your prediction is right, you could get maybe 70% profits on the money you put on the prediction. If your prediction is wrong, you lose 100%. You can see that you have a lot more to lose than you have to gain.

What these scams offer you is Binary Options Software. The software is supposed to make this prediction for you, but the burden fully lies with you if the prediction is wrong. Some options software are better than others but no software is anywhere close to 100% accurate with their predictions because there are a lot of unknown future variables that play a part in asset prices. Variables like political climate, natural disasters and economic shocks.

The Cost of Plenitude Formula

They let you into the program for free, but you need to make a minimum investment of $250 to use the broker’s system.

The broker is independent from Plenitude Formula and when you put money in the broker’s account, Plenitude Formula gets a commission.

The other cost of joining Plenitude Formula is your peace of mind and your phone’s battery. This is called “the opportunity cost”. One thing they ask for when you are signing up is your phone number. You do NOT want to give them your phone number. The consequences of giving them your number will not go away easily, I’m telling you from experience. You will get calls from numerous agents affiliated to the broker trying to get you to make the minimum investment and if you do, they will keep bugging you to increase your investment.

I stupidly filled in my number once to write a review and after a few months, I managed to compress the repercussions by downloading a call-blocking app.

How I Make Money Online

If you are still not convinced that Plenitude Formula is a scam after everything you have read in this review, then you need to push up your BS detector level up a notch. If you don’t bump it up, then I’m afraid this will not be the last program that will scam you. I just hope you don’t waste a fortune before you realize there is no quick way to become rich online.

I make money online through a system called Affiliate marketing. The gist of it is: you choose a niche centred around a passion or interest you already have and you give out information or/and review products related to this niche. When people make a purchase through your link, you get a commission.

In order to successfully implement this, you are going to need excellent training, great tools and readily available support to answer any questions you may have. My top recommendation provides all three and so much more.

Do you know the weird part? Just like this Plenitude Formula scam, it is FREE to sign up too. The difference is when you create a free account in my top recommendation, you will find out immediately that it is completely legit. There is no guru lying to you or any of that crap.

If you were eve thinking of investing $250 in a downright scam, you owe it to yourself to at least check out this proven and tested system that will teach you how to build a successful business online.

Closing Thoughts

Like I mentioned earlier, I am not a binary options expert. I saw enough red flags early enough to even bother to dig into the software itself. They are not targeting actual Binary Options traders anyway because those guys would spot this scam from 10 miles away. Their target is the group of people looking for an honest way to make money online and unfortunately for Plenitude Formula, that is the group this website was built to help.

If you are not skilled at binary options trading, you will want to stay away from it altogether. Options trading is not a game of big wins and small losses. It is in fact the other way around: you gain small and you could lose everything.

Make money online through a system that requires passion/interest rather than skill. I was completely clueless too when I started but I learned quickly and have been enjoying my success for years now.