Thread: Banners Broker HYIP ponzi scam

Jamie is smart to lay low now. And hendyphilhendy if Soozi is shutting down any discussion that even has a hint of discord, then she is setting herself up for liability, too.

Put yourself in a leadership position. Claim to have inside information. Guarantee that the program is legitimate and always pays. Discourage any discussion to the contrary. If BB were to fail -- you will be sued, that I can guarantee.

Hold onto those emails, the barristers are going to want to see them when the time comes.

The time is certainly coming.

Originally Posted by Mundorf

The main one being the lack of true advertisers. I have been on various external sites (outside the choice network) to see what ads are showing there. There just doesn't seem to be any genuine, decent size advertisers out there. Often the banners are linking to a plain green 'buy this space' advert. Effectively it comes down to the numbers not adding up.

On the above it is also worth noting that very few affiliates ever talk about how great the advertising campaigns are and how that works for them. It is always about how much they have made or are making - yet this is not an investment!

Anyone that has seen previous posts on forums will know that I have been using a traffic pack only route. I dare not invite or refer anyone as a complaint against me would potentially result in my losing my accreditation with ACCA - something that took me a long time to ascertain and achieve.

Certain other things that have happened recently i.e. 1/4 sales credit mean that referrers need to get more money in i.e. inject more people/ capital into it. That has virtually nailed it for me. They need more people buying packages so that money is in the system.

Good point...but if you are aware of the facts and proofs,why do you have doubts?

I am not sure of your point?

I have doubts - the problems is there are no 'facts' at the moment. There is a lot of heresay, suspicion etc. but nothing conclusive either way.

hendyphilhendy: Here are facts. Read them, think about the bigger picture, then tell me why they would not conclusively indicate to you that BB is not in the advertising business.

Fact 1: As stated many times, nobody can find the ads. Other than a few token (quite silly) ads run by them directly, there is no "footprint" of BB advertising on the internet.

Fact 2: The program was announced in 2010 as a "Straightline Doubler Cycler", and was exclusively announced on HYIP/MLM websites. If you don't know what "doubler cycler" means, research it.

Fact 3: The guys who started BB or who are now the leaders of it have zero credentials or history in the advertising business. They do, however, have a long history in MLM / Pyramid schemes.

Fact 4: BB refuses to work with you as a publisher, if you contact them with an offer to put traffic out on a well-positioned, high-traffic website. Several of us have tried this and were not able to even talk to anyone.

Fact 5: BB refuses to work with out as an advertiser, if you contact them with an offer to buy a large block of advertising. Again, several of us have tried this and BB is completely unequipped to handle the request.

Fact 6: There is no organic traffic. BB offers the "choice network" to members, with no disclaimer whatsoever about it being in "test mode" -- and Jamie Waters himself demonstrates how to make money from using the "choice network". However, when pressed on the complete lack of utility or credibility regarding this network, people quickly say "it is in test mode". This is not disclosed to any members via the dashboard, back office or on the BB website, anywhere.

Fact 7: No businessmen (or women) in a free market economy would "discover" a business model as elegant as BB claims to be -- and turn it over to anyone willing to sign up for a free membership. There are (supposedly) millions of dollars in cash flow at play here, with margins that would make the executives at Google salivate - yet the patrons who started BB decided to give it all away to the rest of us.

Fact 8: BB claims to be in business with Clicksor, yet Clicksor has nowhere near the capacity to even begin to touch the advertising flow-through that BB claims to be driving. You can call Clicksor yourself (as I did) and confirm this.

Fact 9: BB is not known to any of the outside advertising reporting agencies who spend 24 hours a day tracking and reporting on the online advertising business. You can call ComScore yourself (as I did) and confirm this.

Fact 10: The leaders of BB never attend, present a topic at or even have a presence (like a simple information booth) at any of the big advertising conferences. This is beyond unusual for a "breakthrough" business such as BB.


These are all facts, not opinions. Feel free to take the opposing side of any of these, and present us with facts to the contrary.

I really can't understand how anyone with any level of cognitive reasoning could look at this and not come to the fact-based conclusion that BB is nothing more than a closed-system of cash cycling.

Originally Posted by hendyphilhendy

I am not sure of your point?

I have doubts - the problems is there are no 'facts' at the moment. There is a lot of heresay, suspicion etc. but nothing conclusive either way.

Welcome to the site hendy. Hope you will find it useful.

I do think though that it is fairly conclusive that BB is a scam. Have you read back through all the material?

Originally Posted by Martin88

I thought I'd write up a piece on Banners Broker for my blog, which has quite a large following, and a fair chunk more credibility than the existing blog shills out there.

Banners Broker Scam – Don’t Let It Affect You « Finch Sells

Take a read if you fancy.

Hopefully it stops a few more investors from joining.

Excellent article. Although I see on MMG the BB muppets are already trying to denigrate you rather than argue on the points of the article.

Nothing new there though. They can't disprove the facts so they go after the poster's character.

The next page asks you to upload your banner, while kindly waiting 5 minutes because it won’t appear immediately. I’m not sure what happens in this time. Presumably it’s to give you the opportunity to reconsider. Instead of advertising on Banners Broker, maybe you would care to engage in the world’s longest facepalm?

Brilliant Martin.

Hi Guys,

Apologies if I have rubbed anyone up the wrong way - I was merely coming on to aid the discussion, not convince anyone that BB was a scam or genuine. My points were made to back the previous comments up and you will have seen it stated that it is my intention to withdraw my initial investment and get out. I think it only fair that I do my best efforts not to lose my own money! I refuse to take anyone elses.

As you say it is fairly conclusive that this is a scam; however, you could easily say not 100%. Perhaps if I said I am 90% sure this is a ponzi you would accept my way of thinking!

Believe me I have read through a lot of this thread with extreme interest and take on board all of the points made.

Originally Posted by hendyphilhendy

Hi Guys,

Apologies if I have rubbed anyone up the wrong way - I was merely coming on to aid the discussion, not convince anyone that BB was a scam or genuine.

No rubbing up the wrong way. Everyone is entitled to their opinion. Just a little surprised with all the evidence stacked up against BB.

We have facts.
Not really evidence per se.

Evidence has to be 100% accurate.
Now I haven't been to EVERY single 'top 500' website on Alexa looking at their adverts to see if Banners Broker broker any of these; but it's highly probable that they don't. FACT

Originally Posted by hendyphilhendy

Hi Guys,

Apologies if I have rubbed anyone up the wrong way - I was merely coming on to aid the discussion, not convince anyone that BB was a scam or genuine. My points were made to back the previous comments up and you will have seen it stated that it is my intention to withdraw my initial investment and get out. I think it only fair that I do my best efforts not to lose my own money! I refuse to take anyone elses.

As you say it is fairly conclusive that this is a scam; however, you could easily say not 100%. Perhaps if I said I am 90% sure this is a ponzi you would accept my way of thinking!

Believe me I have read through a lot of this thread with extreme interest and take on board all of the points made.

Phil,

It's not clear whether you are in UK or not. If you are, how are you getting on with extracting your money as I understand that PAYZA has suspended all transactions into UK through BB at present? My mate who's entangled with this is now frantically sorting out the pre-payment card and also trying the something-trust (?) site. (Sorry, I only got on what he tells me)

Originally Posted by hendyphilhendy

Hi Guys,

Apologies if I have rubbed anyone up the wrong way - I was merely coming on to aid the discussion, not convince anyone that BB was a scam or genuine. My points were made to back the previous comments up and you will have seen it stated that it is my intention to withdraw my initial investment and get out. I think it only fair that I do my best efforts not to lose my own money! I refuse to take anyone elses.

As you say it is fairly conclusive that this is a scam; however, you could easily say not 100%. Perhaps if I said I am 90% sure this is a ponzi you would accept my way of thinking!

Believe me I have read through a lot of this thread with extreme interest and take on board all of the points made.

It is not our job to prove it 100% it is a Ponzi, it is their job to prove it is 100% a real business. You can't prove a negative. However, taking all the information available into account that has been presented, none of the BB cheerleaders, or the people running it, have been able to provide any proof 100% to dispute any of what we have been saying.

The moment the name-calling starts when you start asking legitimate questions is truly the only thing you need to know that it is 100% a Ponzi. Otherwise they would provide "proof" what you said was not true. They can't, because it doesn't exist. The moment the name-calling begins, they've lost.

While they tout offices around the world, you might want to check to see if they are licensed as a business in every country in which they do business as real companies must do. But let's say that they are licensed in every country to do business, that still does not make them not a Ponzi, but rather they just registered as a business.

Hope this helped.

Blockbuster is back on MMG. He seems to be one of the only reasonable BB fans out there. I would add the proviso that I don't think anyone involved in or promoting a scam is reasonable but I am talking more of his demeanour and behaviour.

After all that, who wants to have a crack at the crook? I'm bored of going over the obvious...

Just replied to Blockbuster.

Will be interesting to hear his responses. Finally somebody willing to engage!

My blog has been getting a ton of traffic today for "Banners broker scam" so it must be ranking pretty well. I'm thinking of running a paid AdWords campaign to put it in the #1 spot. I'm sure they'll love that.

Originally Posted by Martin88

Just replied to Blockbuster.

Will be interesting to hear his responses. Finally somebody willing to engage!

My blog has been getting a ton of traffic today for "Banners broker scam" so it must be ranking pretty well. I'm thinking of running a paid AdWords campaign to put it in the #1 spot. I'm sure they'll love that.

That would be brilliant. By the way, he doesn't take part in the name-calling and hollering but he does not engage either. Just watch. He makes his points. You show him where he is wrong and then he says he is disappearing because he is tired(but actually because he has no argument).

He is also fabricating regarding the domain name.

But at least he is honest(even if he doesn't realise himself):

I know the returns people are withdrawing and trust me there is no way in hell new sign ups can keep up.

He just admitted himself the program is in trouble.

Originally Posted by samuel.r

hendyphilhendy: Here are facts. Read them, think about the bigger picture, then tell me why they would not conclusively indicate to you that BB is not in the advertising business.

Fact 1: As stated many times, nobody can find the ads. Other than a few token (quite silly) ads run by them directly, there is no "footprint" of BB advertising on the internet.

Fact 2: The program was announced in 2010 as a "Straightline Doubler Cycler", and was exclusively announced on HYIP/MLM websites. If you don't know what "doubler cycler" means, research it.

Fact 3: The guys who started BB or who are now the leaders of it have zero credentials or history in the advertising business. They do, however, have a long history in MLM / Pyramid schemes.

Fact 4: BB refuses to work with you as a publisher, if you contact them with an offer to put traffic out on a well-positioned, high-traffic website. Several of us have tried this and were not able to even talk to anyone.

Fact 5: BB refuses to work with out as an advertiser, if you contact them with an offer to buy a large block of advertising. Again, several of us have tried this and BB is completely unequipped to handle the request.

Fact 6: There is no organic traffic. BB offers the "choice network" to members, with no disclaimer whatsoever about it being in "test mode" -- and Jamie Waters himself demonstrates how to make money from using the "choice network". However, when pressed on the complete lack of utility or credibility regarding this network, people quickly say "it is in test mode". This is not disclosed to any members via the dashboard, back office or on the BB website, anywhere.

Fact 7: No businessmen (or women) in a free market economy would "discover" a business model as elegant as BB claims to be -- and turn it over to anyone willing to sign up for a free membership. There are (supposedly) millions of dollars in cash flow at play here, with margins that would make the executives at Google salivate - yet the patrons who started BB decided to give it all away to the rest of us.

Fact 8: BB claims to be in business with Clicksor, yet Clicksor has nowhere near the capacity to even begin to touch the advertising flow-through that BB claims to be driving. You can call Clicksor yourself (as I did) and confirm this.

Fact 9: BB is not known to any of the outside advertising reporting agencies who spend 24 hours a day tracking and reporting on the online advertising business. You can call ComScore yourself (as I did) and confirm this.

Fact 10: The leaders of BB never attend, present a topic at or even have a presence (like a simple information booth) at any of the big advertising conferences. This is beyond unusual for a "breakthrough" business such as BB.


These are all facts, not opinions. Feel free to take the opposing side of any of these, and present us with facts to the contrary.

I really can't understand how anyone with any level of cognitive reasoning could look at this and not come to the fact-based conclusion that BB is nothing more than a closed-system of cash cycling.

Samuel your posts are awesome mate, keep it up

Originally Posted by buckyuk

Samuel your posts are awesome mate, keep it up

BuckyUK, is it true that you pimp out 'Empower Network'?
Or is the blog in your signature not yours?

Jason

Too quiet in here.
Where is everyone today?

Jason

Yeah mate I promote empower network

Don't know if anyone posted it already but here you go - http://bannersbroker.com/images/10-21-12_notice-eng.pdf
It is in hebrew too but I don't think any of you know hebrew and still if you do you can read it in english, it's the same.

Banners broker is in israel full time, Just a quick question, when banners broker will fall can people like me sue them for misleading people? I think a lot of people will get because of them in israel and I whould like to know if there is anything I can do after it all falls.

Originally Posted by buckyuk

Yeah mate I promote empower network

See http://www.realscam.com/f8/empower-network-1659/

Jason

Originally Posted by JordanBright

Don't know if anyone posted it already but here you go - http://bannersbroker.com/images/10-21-12_notice-eng.pdf
It is in hebrew too but I don't think any of you know hebrew and still if you do you can read it in english, it's the same.

Banners broker is in israel full time, Just a quick question, when banners broker will fall can people like me sue them for misleading people? I think a lot of people will get because of them in israel and I whould like to know if there is anything I can do after it all falls.

Of course you can take civil action.

If you can find the people behind all of this.

Originally Posted by Poyol

Of course you can take civil action.

If you can find the people behind all of this.

Yes, they post all the stuff on their site, I will keep all the info and take pictures of the site so they will not just run away when banners broker will be gone.

Originally Posted by Jordan Bright

Just a quick question, when banners broker will fall can people like me sue them for misleading people?

Sue who ???

One of the major problems with any HYIP ponzi is members have absolutely no idea with whom they're doing business.

Does anyone REALLY know who's behind it ???

As in: "prove it in a court of law" type proof

Real names ??

Addresses ??

Are you absolutely certain the names of the people behind Banners Broker are correct ???

Do the people behind the public face of Banners Broker even exist ??

I don't know the laws in Israel, but, in most countries it is possible to sue an "upline" if you know who he/she is.

BUT, at what cost ???

Have they buried their assets ??

Do they have any assets ???

How much will it cost you to institute civil action ??

If you win, will there be enough reclaimable assets to even cover your legal costs ??

I reported my concerns to the National Consumer Agency here in Ireland in April.

They rang back to clarify a few things.

Haven't heard anything since.

Banners Broker are still having their regular meetings as of last week.

Originally Posted by Euroskeptic

I reported my concerns to the National Consumer Agency here in Ireland in April.

They rang back to clarify a few things.

Haven't heard anything since.

Banners Broker are still having their regular meetings as of last week.

It is normal for agencies to keep any progress to themselves. It is also normal for investigations to take a long time. Unfortunately, these agencies don't have idiots throwing money at them like they do the ponzi schemes. Therefore resources are limited. That said, they will get there in the end.