GPS Trader Scam Review! – Fraudulent App Exposed!!

Welcome to our GPS Trader Review! If you are on this page, you were most probably invited to invest into this system by Richard Heffner, with claims of making you $20,000 every single day for the rest of your life. You made the right decision to do some research before spending any of your hard-earned money on this fraudulent system. The main purpose of this review is to expose the hidden truths behind this deceptive app in hopes of saving our readers some money. Please read this review through to the end, as we are certain it will change your outlook on the GPS Trader Software!

GPS Trader Scam Review

Richard Heffner “CEO “of GPS Trader

GPS Trader a SCAM or LEGIT?

Richard Heffner, the alleged CEO and Founder of the GPS Trader App guarantees you a minimum of $20,000 a day by using his software. Apparently this auto-trader has a 100% win streak and it is IMPOSSIBLE to lose with it. This sounds amazing and everything but it couldn’t be further away from the truth! We review scams every single day and 99% of them make these same-exact-ridiculous claims in hopes of scamming thousands of unsuspecting traders.

They all start pretty much the same way. A well-dressed, successful-looking individual promising you millions of dollars in your bank account with little to no effort on your part. They then grab  your attention further with images of flashy cars, expensive houses, beautiful women, and luxurious lifestyles. They make the opportunity seem exclusive by saying only “10 limited spots” are available and you were specially picked or privately invited to join them, hoping that you jump on the opportunity. The killer blow is then delivered by saying the opportunity is presented to you 100% FREE and you don’t have to spend a single cent, making it seem like a no-brainer to sign up right now! These same tactics are employed by The Money Glitch, Hedge Formula, and Lie Detector Millionaire which are scams we reviewed recently that have gone viral.

It’s easy to get caught up in the presentation and let your guard down, after being bombarded with so many subliminal marketing tricks that are tailored to tap into your core desires. Who wants to get filthy rich without having to do or invest much? Everyone, including us! This is what makes these kinds of scams so dangerous. They appeal to everyone and the barrier to entry is low. Most of these shams are Binary Options related and while there is some truth in the software being free, you would still have to get registered with a broker for a minimum of $250, which is a relatively low amount. However, it is important that you sign up with a reliable software. We will include a recommended software at the end of this review for those of you seeking a better alternative but be warned, it won’t make you a millionaire overnight. Carry on reading to find out the other scam-like elements found in the GPS Trader.

GPS Trader Scam Findings

GPS Trader Fabricated Facebook Testimonials

Unclickable links and Static timers

It is not uncommon for scams to fabricate testimonials to appear more convincing but this is definitely the first time we’ve seen a Fake Facebook Testimonials section. Most people spend a lot of time on Facebook so having this feature really strikes a chord with most victims, making the GPS Trader hoax a lot more dangerous! These testimonials are without a doubt fake as we were unable to locate the real social media accounts of these made up characters.

If they were real Facebook comments, the links would be clickable and you would be taken to the actual profiles of the people giving their “testimonials”. Even the like, share and comment buttons are not clickable. We returned to the page hours later and it still showed that the comments were written: “14 minutes ago”. This is merely an intelligent script that has matched stolen pictures to random names followed by testimonials crafted by these malicious scam artists, in attempts to appear authentic.

If that’s not bad enough, wait till you see what we found next. Remember Richard’s brother Josh? The guy in the boat who is apparently a millionaire binary options trader that makes 7 million dollars a year? Turns out Josh doesn’t really exist, he is a made up character. The picture used to represent him was taken from a stock photo website called Catmaraman.

Josh GPS Trader

Stock photos used to represent “Josh”

See the similarities? It shouldn’t be too big of a surprise by now when we tell you Richard Heffner isn’t really the CEO and founder of the GPS Trader. He is just a paid actor providing his service to be the face of this scam. The real guys, of course, remain hidden to avoid implications down the road when this sham inevitably gets busted!

Other authority blogs share the same opinion: “In conclusion, we are 100% sure that GPS Trader App is a SCAM, and you should avoid it at any cost.” – iBinaryOptionsBlog

Review Conclusion: GPS Trader is a massive HOAX!

Please do not invest any money into this fraudulent system. You will only find disappointment like the hundreds of other victims who found out the hard way. Do not be too discouraged, there are better alternatives for you to explore that can help you in your journey of making an income online. Like the NEO2 SoftwareWe regularly test binary options software and rely heavily on positive user feedback before endorsing any services. We maintain a high standard of expectation and the NEO² is only the 2nd software we have ever endorsed! It has nothing but positive reviews in the industry.

Comprehensive NEO² Software Review by the Binary Scam Review Team.

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BSR’s Trusted Services List! Regularly Updated!

Thank you for taking the time to read our GPS Trader Scam Review. We certainly hope it saved you some money. Feel free to share this on social media to prevent more people from falling victim to this scam. Don’t forget to subscribe to our blog and follow us on social media to stay updated with the latest scams. If you have any questions or feedback, please leave us a comment below and we will get back to you as soon as possible, usually within 24 hours.

Trade Safe,

Binary Scam Review Team

Review Date
Reviewed Item
GPS Trader
Author Rating


  1. Lionel May 26, 2016

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