Prestige Life Club is the name of a newly launched website that promises to provide you with access to a means of generating $5,000 per day through investments without any prior knowledge or experience.
What’s more, Prestige Life Club even claims that you can begin generating those kinds of results right from day 1 & that you will only need to spend ~30 minutes per day checking on your accounts.
But is it really legit? Or is Prestige Life Club a scam that’s just set out to part you with your hard-earned cash?
Well, if that’s what you have been trying to figure out then you can rest assured you’ve landed in the right place because in this review I’m going to be uncovering everything you need to know.
What Is Prestige Life Club?
According to the official Prestige Life Club, the “club” is defined as follows:
Prestige Life Club is a social movement dedicated to helping hard-working people like you escape from the rat race and start enjoying unlimited time and freedom.
And you’re essentially led to believe that the club will provide you with access to a means of generating as much as $5,000 per day through investments, pretty much all on complete autopilot.
So you can supposedly just sign up, activate the trading system & then begin generating revenue… Even if you don’t have any prior trading experience or knowledge about trading whatsoever.
“Anybody can do it”, is what the founder, Kyle Standford claims.
But I can immediately tell you that’s not true.
In fact, I can also immediately tell you that the Prestige Life Club is a scam… And the reason I can say that so confidently so soon is because it is actually just a re-hashed version of The Freedom Circle scam that launched some months ago.
The person behind it has simply renamed it & relaunched it in an attempt to escape the negative reviews & trick more people into joining so that he (or she) can continue earning at their expense.
I’ll explain more about exactly how it really works in just a moment but first, before that…
Who Is Kyle Stanford?
Kyle Stanford is the guy that’s allegedly behind the Prestige Life Club. According to the website, he’s “Head of Operations” & he’s pictured right at the top of the homepage as shown below:
At a glance, he seems like a pretty average guy… Right?
And he also looks pretty trustworthy too (in my opinion).
But the problem is that Mr Kyle Stanford isn’t real & that the image shown as “Kyle Stanford” has actually just been pulled from a stock photo website. “Kyle Stanford” is just a pen name.
The real person behind the Prestige Life Club? Well, he (or she) remains anonymous.
But what I did notice is that the name “Kyle Stanford” is associated with several other similar investment scams. One of which (as shown below) is the Liberty BTC System:
As you can see from the image above it’s the same name, same text, same promises, but different image.
Proof that Kyle Stanford isn’t real.
And when I explain how it all really works below you’ll quickly see why the true creator has chosen to remain anonymous & hide behind this fake alias of “Kyle Stanford”.
How Does Prestige Life Club Work?
In short, Prestige Life Club is what’s known as a binary options scam.
Now, in case you don’t already know, binary options are essentially a form of gambling. They involve placing bets on whether or not the value of something will go up or down over a set period of time.
At a glance, it sounds like binary options could potentially provide a good gamble but because the time durations are so small (usually over 60-second windows), the odds are stacked against you.
So much so, that even Forbes warned about the dangers of them:
But basically, in order to encourage people to continue depositing (despite the warnings), many rogue brokers began creating binary options scams like the Prestige Life Club scam.
Or they began paying affiliates for referrals & rogue affiliates begun launching the scams.
Either way, the scam works like this…
- The system/website leads you to believe you’ve found a guaranteed way to make money
- You must make a deposit with a “recommended” broker to gain access
- Once you’ve deposited, you’re left to discover it doesn’t really work as promised
- You lose your money
That’s the gist of it, anyway.
But there are some scams, like the Prestige Life Club scam, that go one step further.
You see, instead of finding out that it doesn’t really work as promised as soon as you make a deposit, the Prestige Life Club scam has another trick up its sleeve.
This particular scam actually provides you with access to a fake trading system which makes it appear as if you are generating profits & makes you believe that the system is really working.
Of course, this trick is just designed to get you to deposit even more funds to “grow those profits”… But it’s very cunning & sadly, nearly all of the people that get caught out by these scams end up falling for it.
This means that as opposed to just losing an initial investment of $250 (which is still quite a lot of cash), you could actually find yourself losing tens of thousands, or more, through Prestige Life Club.
And that’s why “Kyle Stanford” is so persistent in renaming & relaunching these scams.
Whoever is really behind it will be raking in millions from all of the unsuspecting victims that he (or she) manages to lure in. Hopefully, however, you won’t be one of them now that you’ve read this review.
But just in case you’re in 2 minds about still “trying it out”, let me highlight some of the red flags.
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The Red Flags
Well, the first red flag is the obvious one… The fact that it sounds WAY too good to be true.
Do you really believe that you could just sign up to something, hand over some money & then begin generating $5,000 per day without actually having to do anything extra?
I sure as heck hope you don’t.
But let’s just pretend you’re crazy enough to believe that… What other red flags are there?
Well, there’s the fact that Mr Kyle Stanford is also associated with 2 other past scams – the Liberty BTC System & The Freedom Circle… Both of which make the exact same promises as Prestige Life Club.
Then there’s the fact that the testimonials on the Prestige Life Club website actually make reference to The Freedom Circle (a known scam) as shown below:
Looks like they forgot to change that text when they renamed their scam.
And then finally, on top of that, there’s the fact that the Prestige Life Club website displays absolutely no ownership information or contact details whatsoever.
You should never (and I repeat, never) invest money via a website that displays no contact details. It’s literally a requirement by law for investment websites to display their address on their websites & so if they don’t, you can definitely assume they’re not legit.
So yeah, in short, it’s pretty easy to see that the red flags are overwhelming which brings me nicely onto my next point…
Is Prestige Life Club a Scam?
Absolutely. It should be called Prestige Scam Club not Prestige Life Club because scam you is literally the only thing that it’s really set out to do… There’s no way it will help you to earn money.
Kyle Stanford is fake & so is his “club”.
I mean, the reality is that you can actually make money online (and you can actually make very good money) but you can’t just expect to make very good money for very little work.
If something promises you that (like the Prestige Life Club does) then it’s almost certainly going to be a scam. In order to earn good money online, you must be prepared to put in a good amount of work.
The good news, however, is that if you are prepared to put in the work then I’ve put together a free course named Commission Academy that shows you step-by-step exactly how you can get started.
So if you’re still looking to earn money online (legitimately) then I’d highly recommend you go ahead & check it out.
But whatever you decide to do, I just hope that my review of Prestige Life Club here has helped prevent you from getting scammed & I hope it’s given you a good insight into how it really works.
If you happen to have any additional questions or comments then, by all means, feel free to leave them below.
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.
At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.