‘Obama Binary Options’ – Multi-million-dollar fraud? (Report #3)

calls and puts 2

Obama Binary Options, and their shell websites, also offers pair trading.

With pair binary options you are betting which of two stocks will perform best over  a duration of time (e.g., 1 minute, 5 minutes, 3 days, 1 year).  En example would be that you choice the pair of Google and Microsoft with the prediction that the price of Google will outperform that of Microsoft over the course of the time segment that you have chosen.  At the closure of the time segment the relative performance of each pair is measured. In this instance you would win your investment (a large, and predetermined before you bet, percentage of your bet money) if Google had outperformed.

Binary Options and Binary Pair Options available on the websites run by Obama Binary Options are ‎non exchange-traded binary options, which are defined by Wikipedia as:

Binary options contracts have long been available over-the-counter (OTC), i.e. sold directly by the issuer to the buyer. They were generally considered “exotic” instruments and there was no liquid market for trading these instruments between their issuance and expiration. They were often seen embedded in more complex option contracts.

Since mid-2008 binary options websites called binary option trading platforms have been offering a simplified version of exchange-traded binary options. It is estimated that around 90 such platforms (including white label products) have been in operation as of January 2012, offering options on some 200 underlying assets.

The platforms offer standardized short-term binary options with a pre-determined profit/loss, that cannot be liquidated (buy or sell to close) before expiry, unless the platform or broker allow such liquidation.

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have issued a joint warning to American investors regarding unregulated binary options.

The platforms do not charge fees from their investors.

So how do they make money?   A legitimate binary options platform or broker might use the following formula (but scam brokers like Obama Binary Options DO NOT, they just pocket your deposit and typically, even if you do win after their misleading ‘brokers’ talk you into bad bets, don’t allow customers to withdraw funds):

Their profit comes from the difference between the options that expire in the money to options that expire out of the money. This difference can be found by the formula below. In this (for each base asset with same expiry characteristics), (W) is the in the money option payout in percentage terms (e.g. 1.7), (L) is the out of the money option payout in percentage terms (e.g. 0.15),  (V_{1}),(V_{2}) are the turnovers of transactions made for each outcome (e.g. $1,000), (S) is the platform’s gain.

 S = -[V_{1}(W-1)+V_{2}(L-1)]

In this example the platform’s turnover is $2,000 and its profit is $150 or 7.5% on turnover. As the platform’s gain comes from the above formula, most platforms will be indifferent as to the outcome of a single trade. Note that if V_{1} is not equal to V_{2} then the platform will have to act as a market maker. This can cause the platform gain (S) to be more volatile than in the above formula. In order for a trader to make a long term profit he has to predict correctly roughly 54.5% of the time (depending on in-the-money and out-of-the money payouts).

Even if you do win your bet or prediction (or ‘trade’ if you still want to call it that) you typically cannot withdraw your winnings, or original deposit, (outside of a credit card charge back) from the websites run by Obama Binary Options.

Obama Binary Options also effectively avoids, or combats, credit card charge backs by requiring the customer to email them a scan of the following when making a deposit of $1000 and upwards:

1.  drivers license

2.  credit card  - front and back of credit card (middle group of numbers blacked out, and security code blacked out)

3.  utility bill with same billing address

4.  email stating that they give the company permission to accept their deposit for trading

It becomes somewhat difficult to convince the credit card company that the charge was not valid when you’ve provided the company with everything but your long form birth certificate.

It should also be noted that the ‘brokers’ (they are not brokers) use misleading and high pressure tactics to influence customers to make large deposits and bad ‘trades’ (bets).   Is that illegal?   Of course it is, here as example:

Fast living trio of British boiler room fraudsters - Paul Gunter, Richard Pope and Simon Odoni.

Stay tuned for report #4 on Obama Binary Options.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Obama Binary Options, Obama News | Tagged , , , , , , , , , , | 6 Comments

I was looking over some records when I found that I have, again, been spotted in Kenya!

Kenya newspaper Lucas Daniel Smith - Copy

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in paper antiquities, slaphappy | Tagged , , , , , , , , , , , , , , | 10 Comments

Obot’s embarrassing moment.

From yesterday’s WOBIK report:

2.   It also appears that the owners (if that term can be used) of Obama Binary Options also run another ‘boiler room’ in the Dominican Republic who’s employee, just as cheesy and contrived as Obama Binary Options sounds, identify themselves as United States Government employees from the Affordable Care Act who have partnered with an private insurance provider. The customer is threatened that they must sign up the insurance or that they will face criminal charges and be jailed.

BobJ obot typo 1
http://www.wasobamaborninkenya.com/blog/obama-news/obama-binary-options-multi-million-dollar-fraud-report-2/#comment-15807
BobJ obot typo 2
http://www.wasobamaborninkenya.com/blog/obama-news/obama-binary-options-multi-million-dollar-fraud-report-2/#comment-15809

I give him (or her) a lot of credit for taking responsibility for their mistake and for apologizing. Obots are not known for owning up to their actions and finding another example of Obot integrity would be challenging if not impossible.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Obama Binary Options, Obama News, The Government vs Lucas Daniel Smith | Tagged , , , , , , , , , | 5 Comments

‘Obama Binary Options’ – Multi-million-dollar fraud? (Report #2)

calls and putsTwo new developments in the ‘Obama Binary Options’ investigation:

1.     Its appears that one of their banks is located is Unicredit Bulbank which is located in 7 Sveta Nedelya Square in Sofia, Bulgaria.

I also have their International Bank Account Number and SWIFT code but I not going to publish that online until the investigation is complete.

2.     It also appears that the owners (if that term can be used) of Obama Binary Options also run another ‘boiler room’ in the Dominican Republic who’s employee, just as cheesy and contrived as Obama Binary Options sounds, identify themselves as United States Government employees from the Affordable Care Act who have partnered with an private insurance provider.  The customer is threatened that they must sign up the insurance or that they will face criminal charges and be jailed.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Obama Binary Options, Obama birth certificate, Obama News | Tagged , , , , , , , , | 7 Comments

Operation American Spring – live coverage:

This is from Mark Connors:

Live streaming video by Ustream

This report will be updated with additional live streaming video. If readers have suggestions please post them in the comments section below.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Obama birth certificate, Obama News, Operation American Spring | Tagged , , , , , , , | 18 Comments

‘Obama Binary Options’ – Multi-million-dollar fraud? (Report #1)

Not long ago I discovered that there is a company called Obama Binary Options in the Dominican Republic.   Embedded below, for peer review, is a copy of their training manual:

Obama Binary Options by Lucas Daniel Smith

The name Obama Binary Options might sound a little cheesy and contrived but I’ve seen other businesses in the Dominican Republic capitalize on the Obama name. Readers of the WOBIK blog may remember:

WP_001091

Obama hamburgers abroad.

Obama Binary Options operates several websites, the company calls them platforms, although none of them that I am aware of mention the name Obama.

The company appears to be a multi-million-dollar fraud which operators 24 hours a day, seven days a week and appears to have been in business for a little under a one year.  Their primary target appears to be Americans.

What are binary options?   In my opinion binary options belong in a casino because they are nothing more than betting on whether or not the price of a stock, indices, commodity, security, metal or currency with rise or fall within a specific period of time.

With binary options there is a start time and an end time.   It the price is at $53.59 at your start time (i.e., the time that you place your bet) then you will win or lose depending on the price at the end time which can be almost any amount of time including just a couple of minutes.   If you place a put (i.e., you bet that the price will go down) you would win if the price ends at anything below $53.59 and if you placed a call (i.e., you bet that the price would go up) you would have lost.

This sounds like gambling.   Is it illegal?   No, its not illegal and binary options are legally bought and sold in the United States.

The problem, or one of several problems, with Obama Binary Options is that they are a shell company which operates shell websites and once you deposit funds with them, in order for you to invest yourself, you typically cannot withdraw your funds (outside of a credit card chargeback), even when you are making profits.

Typical deposits range from $2,000.00 to $50,000.00 Dollars, Euros or Pounds.   The company’s objective is for you to deposit your money into your trading account.

This is report #1 in a series I will be publishing here at WOBIK regarding Obama Binary Options.

If I can gain access to the company’s facility I will attempt to discreetly take pictures.  If not I will try to take pictures of the outside of the facility, from a safe distance.

If readers of the WOBIK blog have experience with, or are familiar with, ‘binary options’ please let us know in the comments section.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Lucas Daniel Smith, Obama Binary Options, Obama birth certificate, Obama News | Tagged , , , , , , , , , | 18 Comments

Barack Obama was born, by law, a subject of His Highness the Sultan of Zanzibar and is entitled, regardless of race, to claim Zanzibar nationality.

Colonial Office Report on Zanzibar for the Years 1957 and 1958. by Lucas Daniel Smith

I own the Colonial Office Report on Zanzibar for the Years 1957 and 1958 (one book) and have it in my personal possession.

Page five (5), or page eleven (11) of the PDF, states that: With few exceptions all who are born in the Zanzibar Protectorate or in the Protectorate of Kenya are by law subjects of His Highness the Sultan and are entitled, regardless of race, to claim Zanzibar nationality.

subjects of the Sultan by law

Additionally, there are two (2) maps and the end of the report and one of the said maps contains a supplemental enlargement which displays the Kenya Protectorate as the coastal area (including Mombasa) of the Kenya Colony:

Zanzibar report with map of Kenya protectorate

Barack Obama was born at the Coast Province General Hospital in Mombasa, British Protectorate of Kenya on August 4th, 1961.
zanzicar report with Obama Kenya birth certificate

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Eligibility, Lucas Daniel Smith, Obama birth certificate, Obama News, Orly Taitz, paper antiquities, Sean Boyer | Tagged , , , , , , , , , , , , , , , | 11 Comments

Relatives and Muslim faithful carry body of U.S. President Obama’s aunt Onyango for burial at the Sunni Muslim cemetery in the Kenyan western city of Kisumu.

obama aunt Onyango buried in Kenya by muslims

Relatives and Muslim faithful carry body of U.S. President Obama’s aunt Onyango for burial at the Sunni Muslim cemetery in the Kenyan western city of Kisumu.

President Barack Obama’s aunt was buried May 6th, 2014 in her birth nation of Kenya, family members said, after her death last month in the United States.

Zeituni Onyango, half-sister of Obama’s father, died aged 61 from cancer and respiratory problems, according to her family.

Obama called Onyango “Auntie Zeituni” in his memoir, “Dreams from My Father”, where he wrote about having met her in Kenya in 1998.

Read more at:

http://news.asiaone.com/news/world/obamas-aunt-buried-kenya

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in Obama birth certificate, Obama News | Tagged , , , , | 2 Comments

Atlanta attorney Loren Christopher Collins guilty of attorney misconduct and ethics violation.

My attorney Loren Chirstopher Collins (born June 22, 1978), of the Law Office of W. Bryant Green, in Atlanta Georgia has skipped out on his offer of free pro bono legal service, aide and advocacy.  I find this to be, at best, an ethically troubling incident.

Further attorney Loren Collins violated attorney-client privilege by publishing the alleged findings of his faux investigation into my extradition to Kenya by publishing these findings online for others to see:

http://www.wasobamaborninkenya.com/blog/barrack-obama-eligibility/extradition-to-the-dark-continent/#comment-13947

atlanta attorney Loren Christopher Collins misconduct and ethics violationsMoreover, his findings would not be supported using even the flimsiest of standards of evidence which is called the some evidence rule which is sometimes used in adminstrative hearings and review of such hearings.

There is no evidence to support attorneys Loren Christopher Collins’ libelous findings.

Equally troubling is that it appears, even to the most resolute of skeptics, that attorney Loren Christopher Collins used his license to practice law unethcially and disingenuously as a tool to elicit information from me while making what were, from the very outset, empty promises of free pro bono legal services, aide and advocacy which were structured as an incentive for me to elicit information which Loren uses for private purposes such as, though not limited to, blogging.

Atlanta attorney Loren Christopher Collins offered me his legal services, pro bono, on or about he 18th day of April 2014:

http://www.wasobamaborninkenya.com/blog/barrack-obama-eligibility/extradition-to-kenya-may-be-immenent/#comment-8867

atlanta attorney Loren Christopher Collins misconduct and ethics violations part 2Todays date is the 10th day of May 2014 and it has been approximately twenty-two (22) days since attorney Loren Christopher Collins made his offer of free legal services and to date the said attorney has not provided me with any legal services.

Attorney Loren Collins of of the Law Office of W. Bryant Green, in Atlanta Georgia has not helped me in marshalling a defense to extradition charges and he has now wasted twenty two (22) precious days which is time lost that could have been used to help marhsall a defence or explore all legal options.   Moreover, attorney Collins has now skipped out on his offer of free legal service and violated attorney-client privilege by publishing his findings letter online for others to see.

I, as well as others who I have been communicating with, view the foregoing twenty two (22) days of conduct by attorney Loren Christopher Collins, of the Law Office of W. Bryant Green, in Atlanta Georgia to be an ethically troubling incident.

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Posted in attorney Loren Collins, Bruce Steadman, Eligibility, Kenya Protectorate, Lucas Daniel Smith, Mario Apuzzo, Obama birth certificate, Obama News, Orly Taitz, Phyllis Rose Vrettos, Sean Boyer, The Government vs Lucas Daniel Smith | Tagged , , , , , , , , , , , , , , , , , , , | 39 Comments

Kenya in the Dominican Republic?

Over the years the skeptics, primarily the obots, have issued jokes to the effect that if I was in Kenya then Kenya must be located somewhere inside of the Dominican Republic.

Earlier today I was searching for a picture which I transferred the other day from my phone to a drive on my computer.  I couldn’t find it.  I already deleted it from phone so if it really wasn’t on one of my computer drives then it was likely lost forever.

I began opening older folders which contain pictures from a number of years ago in hopes that I had mistakenly dragged the picture over to one of these folders.  One such folder contained pictures which I took with the original, or very first model, of the i-Phone (2007) which I bought in 2008.

As I was searching (very quickly because there are a lot of pictures) a preview of each picture was displayed off to the right side of my computer.  I passed two pictures which I took from the passenger side of a SUV some years ago. Something caught me eye.  I went back a couple of clicks and had a better look at it:

Rancho Kylimanyaro y Masai Mara
and:
Rancho Kylimanyaro y Masai Mara more

The metadata indicates that these pictures are from April 2010 but for some reason I think that they are older (sometimes even creation dates are altered when transferring files).   However, in April 2010 I may have been using my original i-Phone as somewhat of a ‘fish phone’ (i.e., a phone that you don’t mind taking on a fishing trip or anywhere with high risk of damage) so it very well may be that the pictures were taken in April 2010.

I any event what I noticed early today is listed directly below:

1.   Rancho Kylimanyaro    (English:  Kilimanjaro ranch)

2.   Avenida Masai Mara    (English:  Masai Mara avenue)

It appears that these places are located in the Dominican Republic in the province of San Cristóbal in the municipality of Villa Altagracia.

However, Masai Mara (established in 1961) is a large game reserve in Kenya!

Kilimanjaro is a region, which borders Kenya, in Tanzania and is also the name of the highest mountain in Africa!

I guess you really can find Kenya and Africa in the Dominican Republic, sort of.

In closing I also want to point out that in the Dominican Republic the acknowledged heritage is European (or Spain) and to a degree that of the indigenous Taino indian.   African heritage is generally not acknowledged in the Dominican Republic and even when it is it is not.

The best way I can describe it is to give an example of the opposite:  In the United States black Americans, regardless of how light or dark they are, generally don’t (maybe never) acknowledge their white or European heritage.

Note:  Americans should not confuse Spain or Spanish with Mexican or the Hispanic culture seen in the United States nor should they confuse the extinct (other than that which exists in Dominican blood) indigenous Taino indians with the contemporary native American indians in the United States.

Having said that, names like Kylimanyaro and Masai Mara seem to be very atypical when found in the Dominican Republic.   Perhaps there are others?   I asked several Dominican friends tonight and none where aware of these places listed in this report and when I asked if they were aware of any other African-named places they all stated that they did not know any African places, names or words so they wouldn’t be able to tell me if there were any others here in the Dominican Republic.

I do, however, have a picture (which I took myself several years ago inside of the Museo del Hombre Dominicano) of all the indigenous Taino indian words which are in use in the Dominican Republic:

Taino

To be fair here is a additional picture that I took several years ago in front of the same museum.  There are three (3) statues:  European clergyman (front), indigenous Taino indian (right) and African slave (left):

museum Dominican

Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so.

Postscript:   I love the Dominican Republic and Africa.  But I wouldn’t change anything about the unique and admirable culture found in the Dominican Republic.

Please stay tuned to the WOBIK blog for our upcoming report on extradition to Kenya.

Posted in attorney Loren Collins, Bruce Steadman, Eligibility, Lucas Daniel Smith, Mario Apuzzo, Obama birth certificate, Obama News, Orly Taitz, Phyllis Rose Vrettos, Sean Boyer, The Government vs Lucas Daniel Smith | Tagged , , , , , , , , , , , | 15 Comments