1. Raging Bull Scam Jason Bond
2. Raging Bull Scam Alert
3. Raging Bull Scammers Marketers Association
4. Raging Bull Scam Reddit

The Federal Trade Commission is suing RagingBull.com and its co-founders Jeffrey Bishop and Jason Bond, accusing the company of defrauding customers.

Raging Bull is a name that will be familiar to many day trading and swing trading types. This is the umbrella company to seven different gurus’ trading and prediction service products. The umbrella organization now features a new service all its own called Raging Bull Elite. Author Josh Brown Posted on November 20, 2019 Categories Raging Bull Events Tags Allan Marshall Boardroom, Allan Marshall Boardroom Review, Allan Marshall Boardroom Reviews, Allan Marshall Boardroom Scam, Angel Investing Masterclass, Boardroom, Boardroom Review, Boardroom Reviews, Boardroom Scam, Jason Bond ANGEL ALLIANCE, Jason Bond ANGEL.

What Happened: In a Monday court filing, the FTC accused Raging Bull of stealing more than $137 million from its customers in the last three years.

Raging Bull has reportedly doubled down on its efforts in 2020 including sending out a newsletter claiming to have found a “hidden bull market” during the early 2020 coronavirus pandemic sell-off, according to the court filing.

Raging Bull Scam Jason Bond

Related Link: One Theme Is Popping Up Among These Chinese Companies: Fraud

Why It’s Important: The company recently partnered with well known names Jose Canseco of the MLB and Jordan Belfort who was made famous by the film “Wolf of Wall Street.” Belfort and Canseco are are not accused of wrongdoing related to their ties with Raging Bull.

Raging Bull was founded in 2014 and says it has thousands of subscribers. The FTC said it has banking records confirming that Bond and Bishop have been collecting millions of dollars per month from customers.

Raging Bull Scam Alert

At least 220 customers have filed complaints with the FTC, including claims that refund requests were denied and subscription cancellations were difficult.

The FTC said Bond and Bishop have incurred “substantial and persistent losses” from their stock and option trades, contrary to their claims that they have “made millions in the stock market.” Instead, the FTC alleges that Raging Bull’s primary source of income is customer subscription fees.

“They go out of their way to falsely create larger-than-life personas as highly sought after trading geniuses who are living the high life off their trading prowess,” FTC lawyers wrote.

Benzinga’s Take: If something seems too good to be true, it probably is. Investors should always be skeptical of wild claims of people getting rich overnight in the market.

Raging Bull Scammers Marketers Association

Many of the claims made by market experts, such as the claim that Bond was a former gym teacher who eliminated $250,000 in debt by trading stocks, should be approached with skepticism.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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