What is Lie Detector Millionaire

Early this morning I received the email message you see below. I’ve seen all kinds of advertisements for this system or that program, but, this one is called Lie Detector Millionaire! Looks like we might be having a “Steve Wilkos” moment.  So I thought I would take a look!  Come with me as we explore What is Lie Detector Millionaire.

What is Lie Detector Millionaire - email 1


What is Lie Detector Millionaire

Review: Lie Detector Millionaire
Website: liedetectormillionaire.com, liedetectormillionaire.com/access
Name: Lie Detector Millionaire
Owners: Daniel Wilkins, Jonas Kane, Trader X
Broker: Glenridge Capital, Morton Finance
Cost: Free Software, minimum $250 trading account deposit
Rank: 00 out of 100


What is Lie Detector Millionaire – Overview

Lie Detector Millionaire is an online binary options trading platform.  The sales pitch for this one starts like many, with someone claiming to be tired of all the scams out there.

What is Lie Detector Millionaire - LDM1
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Video Presentation Opening Scene..  
What looks like a polygraph examination room. Daniel Wilkins is seated with all the various apparatus attached to him.  A polygraph examiner begins to ask some questions…

The “actor” in the video calls himself Daniel Wilkins. Daniel attempts to gain your confidence by talking down all the scams that he has seen. He grumbles about all the “rented mansions” and “Actors” in the presentation videos of online scams.

What is Lie Detector Millionaire - Daniel Wilkins
Screenshot Daniel Wilkins

He even admits that he used to take advantage of people through internet marketing.  But now he is sharing an “honest, legit way of making money.”

He welcomes you in “his” luxurious home, an attempt to whet your appetite to attain the same of course. He is just baiting you. He tells the viewer that he is going to let you in on a secret!

He claims that he has found a way to make “hundreds of thousands of dollars of profit every month” and he is going to give it to you! FREE!

“Free System that will start pumping huge chunks of money in your bank account instantly!”

Wow those are some really big claims! I can only imagine the number of people that are falling for this rhetoric.

What is Lie Detector Millionaire - no costs ever
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No costs or payments ever? Hmm… What do you call the $250 that you have to deposit in the trading account?


What Is Lie Detector Millionaire – Glenridge Capital

Lie Detector Millionaire (LDM) is a marketing program designed to get you to open a trading account with Glenridge Capital.

What is Lie Detector Millionaire - glenridgecapitalGlenridge Capital is an offshore company headquartered in Dublin, Ireland.

I am unable to determine if they have license to operate in the United States. There are some anecdotal reports online that the do NOT have a license.

There is a ton of evidence that Glenridge Capital has been involved with scammy business methods. I have recently reviewed another scam with almost identical connections to Glenridge Capital. You can see that product review here.


What is Lie Detector Millionaire – Morton Finance

Once you have started at Glenridge Capital, What is Lie Detector Millionaire - morton finance logo1LDM will then try to entice you to open a secondary account. Promising a faster way to make even more money with their updated system at a new private broker – Morton Finance.

What is Lie Detector Millionaire - morton power
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Here is a brief blurb from the terms and conditions document from Morton Finance:

The use of the System is solely designated for sophisticated users with the ability to sustain swift losses up to total loss of the invested money and/or the securities.

What is Lie Detector Millionaire - morton address
Screenshot of Morton Finance Address Click to enlarge

I have found some indications that Morton Finance and Glenridge Capital are both connected with Greymountain Management, also in Dublin, Ireland.

Greymountain Management is an internet marketing agency. They are likely responsible for the marketing campaigns, videos, sales ads, etc.,  for a variety of products like Lie Detector Millionaire.


What is Lie Detector Millionaire – Where are the results?

I have not been able to find a single individual who will say that they have made any money at all with Lie Detector Millionaire. I have found an enormous array of websites that all indicate that this is a scam.

The only positive reviews that I have found for Lie Detector Millionaire are all trying to get you to sign up with LDM. I am sure they are affiliates earning a commission from the referrals.

You should know that these “automated” trading systems  are in direct non-compliance with the terms of either of the brokers mentioned in this review.

Both of them have clauses in their terms of service that say you will lose all funds in your account if you are found to be using any automated trading software.

If you integrate an automated or semi-automated device on the Glenridge Capital platform, in lieu of your personal interaction, or utilize a backdoor API; we will consider your activity system abuse and we will nullify your position or cancel your account.

Interestingly that is exactly what Lie Detector Millionaire is trying to get you to do!  User their automated software, “for free,” and when the broker finds out that is what you are doing, you will lose your funds.  Great scam!


What is Lie Detector Millionaire – Pros and Cons

Pros

I have been unable to find any redeeming qualities with Lie Detector Millionaire. It smells like a scam. There is no evidence of anyone making any money with this system.

Cons

  • The pitch email says that Daniel Wilkins invented this system, but, in the video Daniel says that someone known as “Trader X” invented the software.
  • Offshore Companies – Difficult, if not impossible to resolve any issues.
  • I can find no licensing for the brokers involved.
  • Brokers are known scam operators.
  • No listings with the Better Business Bureau.
  • Unrealistic promises of enormous immediate wealth.
  • No verifiable persons involved – Daniel Wilkins, Jonas Kane (fakes).
  • The site will lure you with the image below indicating that you information is safe with SSL (Secure Socket Layer) when it is NOT.
  • What is Lie Detector Millionaire - SSL protected NOT

What is Lie Detector Millionaire – Who is it for?

LDM is aimed at anyone that is trying to find a way to make money online. They specifically target opportunity seekers.

Many times people who are searching for online opportunities are not in a position to afford the loss of several hundred dollars or more.

People that create these things do everything they can to try to lure in the unsuspecting. Promising them a way to solve all their problems, only to take advantage of them with extreme prejudice.

In this case using a fake lie detector as a way to gain the confidence of the uninformed. It is reprehensible.


What is Lie Detector Millionaire – Pricing

Software to trade with – FREE.
Minimum Deposit in trading account 1st time – $250.
Minimum Deposit in trading account upsell – $300.

Likely real cost – Loss of all you put in.

What is Lie Detector Millionaire – My Final Opinion

What is Lie Detector Millionaire - scam image

The evidence is clear that Lie Detector Millionaire is a scam. I recommend you do not invest. You will surely lose your money.

What is Lie Detector Millionaire – At a Glance

Review: Lie Detector Millionaire
Website: liedetectormillionaire.com, liedetectormillionaire.com/access
Name: Lie Detector Millionaire
Owners: Daniel Wilkins, Jonas Kane, Trader X
Broker: Glenridge Capital, Morton Finance
Cost: Free Software, minimum $250 trading account deposit
Rank: 00 out of 100

VERDICT: NOT LEGIT


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Sincerely,
Tom

2 thoughts on “What is Lie Detector Millionaire”

  1. Hi there! Thank you for sharing your review of the Lie Detector Millionaire. I actually came across this scam some time ago and was shocked to discover that a lot of people have fallen for this.

    There are tons of these binary trading scams on the net right now and they all operate in a very similar way. Surely something has to be done about these people. Isn’t it time we had some way of policing these scam artists?

    1. Hi Andrew!

      Thank you for visiting ILoveWealthyAffiliate.com and for your comment regarding What is Lie Detector Millionaire.

      You are right about the frequency of the binary options scams! They don’t only operate the same way, I am finding great evidence that many of them all come from the same source.

      They are offshore entities so I’m sure any kind of policing becomes even more difficult. Do you have a suggestion on how we could eliminate this kind of scam?

      Thanks again for visiting! I look forward to your future comments!

      Sincerely,
      Tom

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