The product names for these boiler rooms scams are getting simpler and simpler. This new boiler room scam, Good Life Solutions, is a website based on the cryptosoft template, they are almost identical.
Last seen at https://thegoodlife.solutions/
As usual they start with the countdown of a few minutes to try and sucker you in.
What is Good Life Solutions?
If you remove the f from life then you have the basic idea. It is a good lie.
We will go through the website so as not to miss anything, but the website is so similar to the other boiler room scammer sites that the verdict is never going to be a surprise.
The title at the top of the website states that this website is:
"The Official Cryptocurrency Trading Software Developed To Enhance Profitability And Your Trading Experience"
We also note that at the top of the website there is another piece of text that states: "Warning: Due to extremely high levels of media demand, we will close registration as of 09/11/2021 - HURRY"
Now this statement is succeeded by a timer stating that there is around six minutes left. The only issue here is that if we refresh the website it refreshes the time as well. So this timer is not in reference to anything external, it just counts down around six minutes after loading the page. In fact, if we take a look at the website code, we can see that there is a routine to automatically generate this countdown each time the page is loaded, presumably to induce panic in the website reader, and force an immediate and regrettable action.
<script>
// Countdown
function startTimer(duration, display) {
var timer = duration, minutes, seconds;
setInterval(function () {
minutes = parseInt(timer / 60, 10);
seconds = parseInt(timer % 60, 10);
minutes = minutes < 10 ? "0" + minutes : minutes;
seconds = seconds < 10 ? "0" + seconds : seconds;
display.text(minutes + ":" + seconds);
if (--timer < 0) {
timer = 0;
}
}, 1000);
}
(function ($) {
//Date
let d = new Date();
let month = d.getMonth() + 1;
let day = d.getDate();
let output = (day < 10 ? '0' : '') + day + '/' + (month < 10 ? '0' : '') + month + '/' + d.getFullYear();
$('.today-date').html(output);
let time = 60 * 6.4,
display = $('.countdown');
startTimer(time, display);
})(jQuery);
$(document).ready(function () {
if (!!$('.published').length) {
var publishDate = new Date($('#publishDate').html());
var currentDate = new Date();
$('#daysAgo').html(Math.round((currentDate - publishDate) / 1000 / 60 / 60 / 24) + ' days ago');
}
});
</script>
Which seems to count down from 6:24 every time the page is loaded:
This is a sure sign that this page is trying to defraud you, as the decision it is encouraging with this panic-inducing situation is a decision you should not be making. This is a huge red flag!
What Does GoodLife Solutions Do Then?
The next paragraph states "TRADING SIGNALS The Good Life Solutions software generates highly accurate and profitable trading signals, thanks to the superior algorithm it uses to analyse the markets with speed and efficiency. Overall, this results in a more comfortable trading experience and profitability for both new and seasoned traders."
Trading signals are tripe. They really are a nonsense. Trading signals are emails offering predictions of market changes and future trends. They offer a possibility of making money by following their advice. No one offering signals is actually going to stand by their predictions, if you make money then fine, but there is just as big a chance you will lose and they will not carry any responsibility for your losses, so why bother? The important point here is that this software is being described as a source of email advice. This is important as a description of the product is what this website needs to provide.
Just across in the next box we read another statement "Good Life Solutions has an automated trading mode that is also referred to as a trading bot. The bot is designed to enter and exit profitable trades for the trader by using the pre-set trading parameters and the generated trading signals."
This is a very different claim to the one that has just been made. Now they are offering a robot that makes trades for you. This is a fascinating idea. A robot that you put money into, and it then trades on your behalf, with the broker believing it is you trading, and makes a profit most of the time. Now if this existed and it worked, why the heck would anyone ever sell it? They could take over the world, displace the bankers and simply buy everyone off. If they sell it online then the market will simply adapt until the computer either starts losing, or everyone will wind up with the same amount of money. It is simply an impossible situation. So what is really going on? Well the only sensible possibility is that this paragraph is a lie. A lie that is designed to get people to invest before they consider what the truth might be. Welcome to the boiler room scam. This is another huge red flag!
Is GoodLife Solutions Safe?
The next box across concerns security and your data, as this is an important objection to address. This is what we read "Privacy and the security of customer information are top priorities for Good Life Solutions. We have integrated a wide range of privacy regulations and security protocols to help protect users. Each broker is thoroughly vetted to ensure they are reputable and offer the best services to our users."
OK so we are learning a bit more about the offering here, but not because this website is disclosing anything per se. It is from the statement "Each broker is thoroughly vetted to ensure they are reputable" which once again takes us back to the first paragraph in this section where they were mentioning signals. If this was a robot software then we would be able to connect it to any broker we wished. What they are now telling us is that this is some sort of affiliate site that connects us with a broker and that they claim these brokers are vetted to be sure that they are not fraudulent. Well the question here is, why connect us to a broker like that when you could just connect us with a huge well-known broker over whose reputation there is no doubt. The next step has to be a test. We must register and see what happens:
So far we cannot actually get registered but we are assuming that this site send you through to a boiler room scam site pretending to be a CFD broker in the Marshall Islands or similar.
We can also have a look at their video, which is replete with nonsense:
All in all, the number of lies already encountered on this site makes us sure that:
THE GOODLIFE.SOLUTIONS IS A: SCAM !!
Do not trust this website or send money