Thread: Banners Broker HYIP ponzi scam

Samuel,

I can answer this with a link:

BannersBroker

This is why they say they need ID - to prevent money laundering.

Jason

Originally Posted by Poyol

Samuel,

I can answer this with a link:

BannersBroker

This is why they say they need ID - to prevent money laundering.

Jason

"BannersBroker.com will not enter into any business arrangement with any person or group suspected of directly or indirectly money laundering, or where funds have been sources or ends of an illegal activity."

Pot: Kettle?

Originally Posted by Poyol

Samuel,

I can answer this with a link:

BannersBroker

This is why they say they need ID - to prevent money laundering.

Jason

Thanks Jason. So, there's nothing further than this, nothing about the monthly withdrawal level (specifically to the MasterCard) requiring additional/enhanced personal identification documents? It is simply a matter of money laundering as the reason? I thought I heard something about "premium" versus "standard" level of monthly withdrawals and some extra documentation needed on that point...but to be honest there is so much misinformation and confusion coming from both BB and their members I may be confused.

Originally Posted by samuel.r

Thanks Jason. So, there's nothing further than this, nothing about the monthly withdrawal level (specifically to the MasterCard) requiring additional/enhanced personal identification documents? It is simply a matter of money laundering as the reason? I thought I heard something about "premium" versus "standard" level of monthly withdrawals and some extra documentation needed on that point...but to be honest there is so much misinformation and confusion coming from both BB and their members I may be confused.

There are three possible reasons and it is likely that all apply -

1 - the first one is the Money Laundering requirements. given the values of transactions then identification and verification is a must. More and more businesses are expected to identify their customers nowadays. I can see this being genuine.
2 - In order to ensure they don't have duplicate accounts they would need to be able to confirm joint ID is not held; however, this is slightly skewed by the fact that you can have a company own an account which is separate to the individual. BB have never particularly tackled this issue well.
3 - In case of investigation from tax authorities. HMRC (in the UK) have the rights to come into one of these businesses and ask for details of all affiliates within it. That way they can investigate the individuals concerned. This is something that HMRC are tightening up on at the moment and some of you may have seen details of their Direct Sellig Campaign Direct selling businesses - HMRC targets | PAH Accountants - Banners broker would come into this bracket.


There are therefore perfectly legitimate reasons for it to require this information.

Originally Posted by samuel.r

Thanks Jason. So, there's nothing further than this, nothing about the monthly withdrawal level (specifically to the MasterCard) requiring additional/enhanced personal identification documents? It is simply a matter of money laundering as the reason? I thought I heard something about "premium" versus "standard" level of monthly withdrawals and some extra documentation needed on that point...but to be honest there is so much misinformation and confusion coming from both BB and their members I may be confused.

Is it mandatory to have my ID notarized?
You are not required to have your government identification notarized; however, if you wish to withdraw up to four times per month your ID must be notarized. If your ID is not notarized you will only be able to withdraw once per month.

What is the application process?
To order your card, you must provide a proof of ID and Address. You can upload these 2 items in the Personal Info page. After that, you need your ID and Address to get approved - process may take up to 10 days. After your ID and Address is approved, you have to go to the Order Now page, fill in the mandatory fields and submit your application. It’s as easy as that!

ID please.jpg

Can we has ID please?

Originally Posted by samuel.r

Thanks Jason. So, there's nothing further than this, nothing about the monthly withdrawal level (specifically to the MasterCard) requiring additional/enhanced personal identification documents? It is simply a matter of money laundering as the reason? I thought I heard something about "premium" versus "standard" level of monthly withdrawals and some extra documentation needed on that point...but to be honest there is so much misinformation and confusion coming from both BB and their members I may be confused.

You are right however, that it is difficult to clarify the reasons. This is another area of BB that should be simple but is deliberately skewed by them. More smoke an mirrors.

Here's a little tit-bit for you guys

"No affiliate may create documents that portray earnings that have not been sanctioned by the company. " Especially if they use the following banned words:

1 Investment
2 Doubling
3 ROI
4 Compounding
5 Interest

Usual threats of termination of account etc apply.....

Ah! So you can bamboozle by words, but put nothing in writing... how cunning is that?

The sanctions for anything where you cross BB are always threats of removing accounts, banning someone from re-applying etc, etc.

Bit like the cancelling of traffic packs mentioned above - I really do wonder if there is a facility to cancel them and whether anyone has used it yet. If so, what happened next? Can anyone find out?

Originally Posted by AshKen1

Here's a little tit-bit for you guys

"No affiliate may create documents that portray earnings that have not been sanctioned by the company. " Especially if they use the following banned words:

1 Investment
2 Doubling
3 ROI
4 Compounding
5 Interest

Usual threats of termination of account etc apply.....

Ah! So you can bamboozle by words, but put nothing in writing... how cunning is that?

The sanctions for anything where you cross BB are always threats of removing accounts, banning someone from re-applying etc, etc.

Bit like the cancelling of traffic packs mentioned above - I really do wonder if there is a facility to cancel them and whether anyone has used it yet. If so, what happened next? Can anyone find out?

The word 'investment' is the one that riles. BB always go on about you are buying a business. Well if that is the case what does anyone that puts money into a business do, they 'invest'.

You don't see the Dragons on Dragons Den saying, 'I am going to put inject some funds in to your company, sorry I can't say investment in case I get regulated by FSA'

Originally Posted by samuel.r

Thanks Jason. So, there's nothing further than this, nothing about the monthly withdrawal level (specifically to the MasterCard) requiring additional/enhanced personal identification documents? It is simply a matter of money laundering as the reason? I thought I heard something about "premium" versus "standard" level of monthly withdrawals and some extra documentation needed on that point...but to be honest there is so much misinformation and confusion coming from both BB and their members I may be confused.

Well, they can't come right out and tell you it is to sell to identity thieves. There is no way their excuse can prevent 'money laundering'. If people are doing that, they are going to use fake IDs anyway. How is this scam going to know? They're not.

That TG thread was almost dead. Better not to be resurrecting it. By the way Phil. Ask blockbuster why it takes 3 months to make a large withdrawal. Interested to hear what the BB hierarchy are passing down to the drones... Also curious as to his take on the tax situation.

Originally Posted by noname999

That TG thread was almost dead. Better not to be resurrecting it. By the way Phil. Ask blockbuster why it takes 3 months to make a large withdrawal. Interested to hear what the BB hierarchy are passing down to the drones... Also curious as to his take on the tax situation.

I am only resurrecting some of these old threads so that people are aware of my story. The more people that know the better as this will prevent more people getting ripped off.

Originally Posted by Whip

Well, they can't come right out and tell you it is to sell to identity thieves. There is no way their excuse can prevent 'money laundering'. If people are doing that, they are going to use fake IDs anyway. How is this scam going to know? They're not.

My wife and I joined LifeLock Protection many years ago and We are happy with their services. Maybe we would have never needed them but then again who knows. Identity theft is a serious problem especially with those who hold/held security clearances.

Originally Posted by baylee

My wife and I joined LifeLock Protection many years ago and We are happy with their services. Maybe we would have never needed them but then again who knows. Identity theft is a serious problem especially with those who hold/held security clearances.

But lifelock is a legitimate business.