Thread: Banners Broker HYIP ponzi scam

He is entertaining

Originally Posted by noname999

Why are you entertaining him?

I'm not, to him that question is like holding up a cross to a vampire....

Originally Posted by Theseus

So, the Canadian operation has "closed"/transferred to new company and now the same is happening in the UK?

Poor, poor Paul McCarthy, is he going to be left holding the BBaby?



Sacked, in the way Josun was sacked....

So their "EXIT STRATERGY" has begun....

I think its fair dinkum to ask avid bb'ers awkward questions

Originally Posted by okosh

So their "EXIT STRATERGY" has begun....

The FB groups should provide hours of amusement over the next week or so as it gradually sinks in with the rank and file......

Its a complete waste of time. They either lie or evade the question.

@okosh, think you are right there. Seems Paul Mc is either too far down the pecking order, or too stupid to have his organised.

Originally Posted by Theseus

The FB groups should provide hours of amusement over the next week or so as it gradually sinks in with the rank and file......

Don't jump the gun. We have no way of knowing that this is the end of BB. Don't want assumptions coming back to bite us in the new year.

Originally Posted by noname999

Its a complete waste of time. They either lie or evade the question.

@okosh, think you are right there. Seems Paul Mc is either too far down the pecking order, or too stupid to have his organised.

Unless he's already gone...

Originally Posted by Theseus

Unless he's already gone...

Really? Has there been news? He does tend to be relatively low profile to some of the others.

Originally Posted by noname999

Don't jump the gun. We have no way of knowing that this is the end of BB. Don't want assumptions coming back to bite us in the new year.

That's not going to stop wholesale panic

Originally Posted by Theseus

The FB groups should provide hours of amusement over the next week or so as it gradually sinks in with the rank and file......

I think any prediction on that point is a little risky. I would imagine that unless they think they are about to be raided by some (?) authority, as long as there is still a dollar to be made the principals will keep it going as long as possible. If they continue trickling payments out and the new guy Hooker can drive a lot of new members to sign up, it could go on for a very long time. Years, not months.

Originally Posted by noname999

Really? Has there been news? He does tend to be relatively low profile to some of the others.

I didn't say he had, as you say he's low profile (ironic considering he sells tyres), so he could have simply slipped away, hence no signs at his premises. Time will tell though.

Either way it'll be interesting to see what transpires.....

Originally Posted by Theseus

Either way it'll be interesting to see what transpires.....

No sign at Kinvara house or at his tyre premises?

Years? I doubt that very much. They are having enough problems trickling out payments for the last couple months. They would need a huge influx of people, and injection of cash to to do so.

Originally Posted by Jerrygo

Years? I doubt that very much. They are having enough problems trickling out payments for the last couple months. They would need a huge influx of people, and injection of cash to to do so.

Years would seem alot to me too. But you never know. You would be amazed how obedient people will be if they think there is even a 1% chance of getting some of their money back. I have been following this scam for a long time. Seen a number of false dawns. Just keep your powder dry for now.

Screen Shot 2012-12-17 at 23.31.39.jpg

hmmmmm? 92 Panicking BB'rs? That's a lot for a Monday night.

Originally Posted by noname999

Years would seem alot to me too. But you never know. You would be amazed how obedient people will be if they think there is even a 1% chance of getting some of their money back. I have been following this scam for a long time. Seen a number of false dawns. Just keep your powder dry for now.

Yes people will continue to throw good money after bad, probably for quite a while.

Roge Sorry Activeone, In your extensive due diligence before you invested in Banners Broker, did you find anything else out about the Maths/IT genius Chris Smith? Other than Chris Smith is a Maths/IT genius.

Schools, Collages, University's, qualifications, previous business experience etc,etc,etc?

His real name?

Originally Posted by okosh

So their "EXIT STRATERGY" has begun....

UK "leader" gone.

BB announced total shutdown for two weeks.

"Kneejerk" relocation to Manchester sounds very fishy indeed.

What multi-million dollar businesses would move premises if a guy left?

The timing of all this should strike fear into an affilliate with half a brain.

Its going to be a lonesome Christmas for those waiting to see if BB is still there in January.

When someone has a lead on an address let me know - Manchester is just around the corner for me.

Jason

Originally Posted by noname999

Years would seem alot to me too. But you never know.

It would surprise me if it lasted "years" BUT, having said that, it's not unknown for HYIP ponzis to deliberately precondition it's members to consider slowdowns, website outages and the like as being "normal" in the early stages so that the eventual inevitable slowdown in payments doesn't cause mass panic.

It has to be remembered that, in the case of the "larger than average" HYIP ponzi scams, very little happens by accident.

Many months, if not years, of planning go into these things.

"Normal" people would react differently to what's happening to Banners Broker at the moment.

We have to remember, though, the Banners Broker members are not "normal" in the sense they have an investment in Banners Broker and that "investment" is not just money.

It's hopes, dreams and promises, and, for many, the respect of their family and friends.

Based solely on the history of previous HYIP ponzi frauds, Banners Broker could easily limp along like this for 6 months or more and still have a relatively large number of true believers on board.

One only has to look at the current situation with Zeek Rewards to know that even a court decision and subsequent appointment of a receiver will not shake loose some of the true believers.

IM(very)HO, should Banners Broker do what seems entirely likely and slowly winds down, we will STILL have it's supporters eagerly anticipating it's return in 12 or 18 months.

Originally Posted by Beethoven

UK "leader" gone.

BB announced total shutdown for two weeks.

"Kneejerk" relocation to Manchester sounds very fishy indeed.

All of which are trumped by the fact there's still sufficient "I got paid" posts around to keep 'em hanging on no matter what.

Originally Posted by noname999

Years would seem alot to me too. But you never know. You would be amazed how obedient people will be if they think there is even a 1% chance of getting some of their money back. I have been following this scam for a long time. Seen a number of false dawns. Just keep your powder dry for now.

Not to mention the expansion into extremely high population bases such as India, Pakistan, Vietnam, and other Asian countries. While there is a much smaller percentage of people in these countries who have access to money to invest in BB, it would only take a very small percentage of people to 'invest' to keep the income flowing for quite a while.

Reports of panels still not moving...

Podosfairakias: what is the capping time of yellow panels for example?how often they update the panel so you can see the percentage of you panel?because for 7 days i didnt have update
3 hours ago · Like..

Podosfairakias: So Coleman Ohagan now we are losing because that technical issue with the panels update?
3 hours ago · Like · 1..

Nikki: would be nice to have an explanation about why the panels are not moving that subject does seem to be avoided!
2 hours ago · Like