Thread: Banners Broker HYIP ponzi scam

Originally Posted by Julie Diligent

Interesting article posted today:

"1,200 Subpoenas Will Go Out This Week To Zeek ‘Affiliates Who Profited Most,’
Receiver Says; More Subpoenas Will Follow; Winners Also Will Receive ‘Letter
Offering To Negotiate Voluntary Surrender Of Profits’"

A fascinating factoid therein: "...a preliminary analysis suggests that Zeek losers outnumber winners by a factor of about eight to one."

Food for thought for the BB-droids.

Hi Julie

It's a pity that UK law isn't so tough. We have the "proceeds of crime" act, which theoretically means that the authorities can claw back unlawfully-obtained gains. In practice, it's only used against big-time criminals, rather than smaller-scale miscreants.

Uplines in scams would probably say "I didn't know it was a scam" and, because the UK criminal judicial system is so weak, would almost certainly get away with it. In civil law I doubt if claims would get very far, either.

I envy people under American law. 20 years in the pen for jaywalking, and several lifetimes inside for anything serious.