What is it?

An online scam designed to dupe people into investing in a scheme that claims to protect against the imminent collapse of the world economy.

Does it pass the CULTSTOPPERS 5-point cult test?

1) Self-appointed messianic leader?

Bill Binder, self-proclaimed financial genius, doomsday predictor, street preacher, and possible paranoid schizophrenic. The perfect man to trust with your life savings.

2) Elitist totalitarian structure?

The Binder New World Wealth System only has space for a limited number of privileged investors. Constantly. So act now! Act now, gullible Midwestern grandmother, before your pension is worthless! Then recruit 20 more people to the scheme.

3) Promise of higher power?

Who doesn't want to be a post-apocalyptic billionaire?

4) Mind control techniques?

Classic government-style fear bombing.

5) Heavy financial commitment?

A $10,000 joining fee. Unfortunately, the only fund that it goes into is the Binder Coke & Strippers Fund.