{"id":4443,"date":"2014-05-16T00:01:06","date_gmt":"2014-05-16T04:01:06","guid":{"rendered":"http:\/\/www.wasobamaborninkenya.com\/blog\/?p=4443"},"modified":"2014-05-16T00:40:42","modified_gmt":"2014-05-16T04:40:42","slug":"obama-binary-options-multi-million-dollar-fraud-report-1","status":"publish","type":"post","link":"https:\/\/www.wasobamaborninkenya.com\/blog\/obama-binary-options-multi-million-dollar-fraud-report-1\/","title":{"rendered":"&#8216;Obama Binary Options&#8217; &#8211; Multi-million-dollar fraud?  (Report #1)"},"content":{"rendered":"<p><span style=\"color: #000000;\">Not long ago I discovered that there is a company called <\/span><em><span style=\"color: #000000;\">Obama Binary Options<\/span><\/em><span style=\"color: #000000;\"> in the Dominican Republic.\u00a0\u00a0 Embedded below, for peer review, is a copy of their training manual:<br \/>\n<\/span><\/p>\n<p style=\"margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block;\"><a style=\"text-decoration: underline;\" title=\"View Obama Binary Options on Scribd\" href=\"http:\/\/www.scribd.com\/doc\/224446935\/Obama-Binary-Options\">Obama Binary Options<\/a> by <a style=\"text-decoration: underline;\" title=\"View Lucas Daniel Smith's profile on Scribd\" href=\"http:\/\/www.scribd.com\/Patriot1980\">Lucas Daniel Smith<\/a><\/p>\n<p><iframe loading=\"lazy\" id=\"doc_97711\" src=\"\/\/www.scribd.com\/embeds\/224446935\/content?start_page=1&amp;view_mode=scroll&amp;access_key=key-T62fvktsIzmlApO3wjis&amp;show_recommendations=true\" height=\"600\" width=\"100%\" frameborder=\"0\" scrolling=\"no\" data-auto-height=\"false\" data-aspect-ratio=\"0.7729220222793488\"><\/iframe><\/p>\n<p><span style=\"color: #000000;\">The name <\/span><em><span style=\"color: #000000;\">Obama Binary Options<\/span><\/em><span style=\"color: #000000;\"> might sound a little cheesy and contrived <\/span><span style=\"color: #000000;\">but I&#8217;ve seen other businesses in the Dominican Republic capitalize on the Obama name. Readers of the WOBIK blog may remember:<\/span><\/p>\n<p><a href=\"http:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2012\/02\/WP_001091.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-large wp-image-1346\" alt=\"WP_001091\" src=\"http:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2012\/02\/WP_001091-1024x768.jpg\" width=\"640\" height=\"480\" srcset=\"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2012\/02\/WP_001091-1024x768.jpg 1024w, https:\/\/www.wasobamaborninkenya.com\/blog\/wp-content\/uploads\/2012\/02\/WP_001091-300x225.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p><span style=\"color: #0000ff;\"><a href=\"http:\/http:\/\/www.wasobamaborninkenya.com\/blog\/barrack-obama-eligibility\/obama-hamburgers\/\" target=\"_blank\"><span style=\"color: #0000ff;\">Obama hamburgers abroad.<\/span><\/a><\/span><\/p>\n<p><em><span style=\"color: #000000;\">Obama Binary Options<\/span><\/em><span style=\"color: #000000;\"> operates several websites, the company calls them <\/span><em><span style=\"color: #000000;\">platforms<\/span><\/em><span style=\"color: #000000;\">, although none of them that I am aware of mention the name Obama.<\/span><\/p>\n<p><span style=\"color: #000000;\">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.\u00a0 Their primary target appears to be Americans.<\/span><\/p>\n<p><span style=\"color: #000000;\">What are binary options?\u00a0\u00a0 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.<\/span><\/p>\n<p><span style=\"color: #000000;\">With binary options there is a start time and an end time.\u00a0\u00a0 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.\u00a0\u00a0 If you place a <\/span><em><span style=\"color: #000000;\">put<\/span><\/em><span style=\"color: #000000;\"> (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 <\/span><em><span style=\"color: #000000;\">call<\/span><\/em><span style=\"color: #000000;\"> (i.e., you bet that the price would go up) you would have lost.<\/span><\/p>\n<p><span style=\"color: #000000;\">This sounds like gambling.\u00a0\u00a0 Is it illegal?\u00a0\u00a0 No, its not illegal and binary options are legally bought and sold in the United States.<\/span><\/p>\n<p><span style=\"color: #000000;\">The problem, or one of several problems, with<\/span> <em><span style=\"color: #000000;\">Obama Binary Options<\/span><\/em><span style=\"color: #000000;\"> 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.<\/span><\/p>\n<p><span style=\"color: #000000;\">Typical deposits range from $2,000.00 to $50,000.00 Dollars, Euros or Pounds.\u00a0\u00a0 The company&#8217;s objective is for you to deposit your money into your trading account.<\/span><\/p>\n<p><span style=\"color: #000000;\">This is report #1 in a series I will be publishing here at WOBIK regarding<\/span><em><span style=\"color: #000000;\"> Obama Binary Options.<\/span><\/em><\/p>\n<p><span style=\"color: #000000;\">If I can gain access to the company&#8217;s facility I will attempt to discreetly take pictures.\u00a0 If not I will try to take pictures of the outside of the facility, from a safe distance.<\/span><\/p>\n<p><span style=\"color: #000000;\">If readers of the WOBIK blog have experience with, or are familiar with, &#8216;binary options&#8217;<\/span><span style=\"color: #000000;\"> please let us know in the comments section.<\/span><\/p>\n<p><span style=\"color: #000000;\">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.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not long ago I discovered that there is a company called Obama Binary Options in the Dominican Republic.\u00a0\u00a0 Embedded below, for peer review, is a copy of their training manual: Obama Binary Options by Lucas Daniel Smith The name Obama &hellip; <a href=\"https:\/\/www.wasobamaborninkenya.com\/blog\/obama-binary-options-multi-million-dollar-fraud-report-1\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[12,2410,37,5],"tags":[13,2412,69,57,136,4337,873,2411,4339,851],"class_list":["post-4443","post","type-post","status-publish","format-standard","hentry","category-lucas-daniel-smith","category-obama-binary-options","category-obama-birth-certificate","category-obama-news","tag-barack-obama","tag-binary-options","tag-british-protectorate-of-kenya","tag-coast-province","tag-lucas-d-smith","tag-lucas-daniel-smith","tag-mombasa-kenya-obama","tag-obama-binary-options-2","tag-obama-birth-certificate","tag-obama-born-in-kenya"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/4443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/comments?post=4443"}],"version-history":[{"count":8,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/4443\/revisions"}],"predecessor-version":[{"id":4446,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/4443\/revisions\/4446"}],"wp:attachment":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/media?parent=4443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/categories?post=4443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/tags?post=4443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}