Scam-Reports
By: Sarah Newman

  

"Exposing Scams all over the Internet"
 

 

Is Optionetics and George Fontanills just a Scam?

 


Optionetics is a financial training course designed by George Fontanills. They offer free seminars in which a representative from Optionentics gives demonstrations of their trading system, and tries to entice new customers. There are many companies out there that offer this same strategy, but they all seem to have similar hold ups. I got a chance to test out Optionetics for a while before I found my current system.

When you meet with the Optionetics rep he will not be trying to explain to you how the system works, but will be more concerned with selling their seminar. It is a two day seminar with the steep price tag of $2,995.

This price is also a little deceptive, because you are going to end up paying well over $3,000 to get started with Optionetics. You will have to pay hidden setup fees. And then on top of that you need more money to invest and start trading with them.

The two day seminar is really intense and full of a lot of info, and for someone with no stock background it can be rather frustrating. I am just a simple college girl, and don’t know the first thing about investing, and finances. So for me being able to follow all this advance jargon was near impossible. This part of the reason why I enjoy using my current business system so much, because it takes no prior skill or training to succeed.

Overall Optionetics, is a costly program, that takes some real investment skill to succeed with. On top of that I discovered Optionetics founder George Fontanills is being sued by FIMAT USA in the New York Federal Court for not complying with margin calls. I would recommend taking caution before jumping in to a program like Optionetics. It took me a while, but I am glad I finally found a business opportunity that works for me.

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Good Luck,
Sarah Newman