Thread: Banners Broker HYIP ponzi scam

Originally Posted by StevenHoward

I'm STILL a very low level affiliate, an affiliate who expects to lose his investment.

What I'm more concerned about is the people who have "invested" thousands of dollars, I know of two people (one in UK, one in Spain) who have put in over ten grand in the last six months AND still keep "reinvesting" despite having the apparent opportunity to withdraw some.

Neither of these people are stupid.......... it just baffles me that they are part of "the blind network", whoops sorry I mean Banners Broker believers.

I too have a mate who has invested at least £5000 (not dollars, pounds) in the belief that it will meet his pension needs. Doesn't matter what I say or show to him, he has been pulled in hook, line and sinker. Having known him for over 30 years I am angry with those who have fooled him. There are those whose circumstances are mainly greed I agree: in his case it's because his pension pot has been eroded. Others have been pulled in because they really need the money and are willing to believe anything that will make them money.

I am so sorry for those who are in need, because BB isn't the answer. So they paid everyone? Great ploy - so more money will be invested.... for a little bit longer BB will survive...

For those who are "smart", "professionally qualified", "have experience in making money online" or for any other reasons, and doubt what critics of Banners Broker say about it, I think I have the answer.

You have been duped. And, as LRM and others have pointed out, It has happened to wiser folks than you. Go ask any other Maddoff victims (who included professional fund managers)

However, unliked the Maddoff victims, you have been able to avoid the situation as the information you needed has always been available on the internet, free gratis and for nothing.

Here is 10 facts you can share with your friends. Get the message out there, Banners Broker is a scam!

Fact 1: 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 BB 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 high profile people have tried this and were not able to even talk to anyone.

Fact 5: BB refuses to work with you as an advertiser, if you contact them with an offer to buy a large block of advertising. Again, several people 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". 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 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 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.

(thanks to Steven Howard for pointing out the obvious)

You have been duped BECAUSE YOU DIDN'T DO YOUR HOMEWORK, you didnt check the facts, you didnt ask any or the right questions or even try to find out how a real advertising business works.

(and instead of Banners Broker you can substitute any HYIP which has claimed to be an advertising company - AdSurfDaily, 12DailyPro, any cycler, etc etc etc )

The above comment was for BB shills, not to the people they have lied to, although they too need to be sent to this thread or at least directed to Steven's 10 Facts List before they waste any more of their money.

Originally Posted by Lil Ol' Radical Me

You have been duped BECAUSE YOU DIDN'T DO YOUR HOMEWORK,

In fact, many of them were duped BEFORE they even began to do their homework.

Many of the victims really do believe what they are doing IS "due diligence"

They fell victim to a "scam before the main scam"

The HYIP ponzi "industry" (if you can call it an "industry") have been working hard behind the scenes for many years promoting their version of "due diligence"

You don't have to look any further than the fact "Chris Smith said" is taken as being true by so many of the Banners Broker members.

"Chris Smith said that Banners Broker is a legally registered business" really does pass as "due diligence" for those people whose only experiences of "business" and "the law" come complete with advert breaks.

Throw in a "certificate of incorporation" and their "due diligence" is done and dusted.

I fully agree with you, but the comments I made apply to anyone who is now shilling for BB or any other scam or defending it.

The only way for them to defend their program is to go back and do their Due Diligence all over again from scratch. Steven's List may well be a helpful tool for them to use.

What you are bringing to our attention are the tactics used by the HYIP/ponzi/online fraud industry, to dissuade people from doing their due diligence. And those tactics are certainly sophisticated, unscrupulous and effective. Brainwashing is not unknown This is on of the reasons why forums like Real Scam and all other places that try to educate the public are so necessary. As the internet has become part of our daily lives, criminals have moved there as it is a fast and initially anonymous way to defraud people who are still very naive about how the internet can be abused to part them from their hard earned money.

However, in the case of the advertising scam schemes, the list that Steven has produced is one that can be easily applied because it is full of COMMON SENSE and that should trump persuasion on the basis of FACT - that together with the MATH.

For those in serious denial - well that is another story

Originally Posted by littleroundman

BEWARE !!!

The end is nigh:

I wonder why the "reputable and professional law firm in Ireland" that Dixit says they have on retainer hasn't taken The SW, Irish Examiner, Joe Duffy etc,etc to task?

Oh, right, it's because, just like the banners, they don't exist...

To jen and BBdef...and any other BB fan, why won't you answer my very simple questions?

Thank you to everyone who has helped investigate Banners Broker.

Thank you to the defenders for giving us food for thought; and even laughter at times.

If in the new year you don't stoop to the levels of ad hominem when debating and iterating your points we'll get along slightly better. We'll be able to have a civilised debate. Now, I may be asking for too much - but 'tis the season of goodwill to all men. I'm not religious - but the morals are right.

I won't be here over the Christmas period - I'll be too busy with my family. However, if anyone does wish to contact me you may contact me at either: jason-clark@outlook.com or may contact me by phone.

I will provide a phone number to those who PM me upon reading this.

Thank you and have a very Merry Christmas!

Jason

Originally Posted by Poyol

Thank you to everyone who has helped investigate Banners Broker.

Thank you to the defenders for giving us food for thought; and even laughter at times.

If in the new year you don't stoop to the levels of ad hominem when debating and iterating your points we'll get along slightly better. We'll be able to have a civilised debate. Now, I may be asking for too much - but 'tis the season of goodwill to all men. I'm not religious - but the morals are right.

I won't be here over the Christmas period - I'll be too busy with my family. However, if anyone does wish to contact me you may contact me at either: jason-clark@outlook.com or may contact me by phone.

I will provide a phone number to those who PM me upon reading this.

Thank you and have a very Merry Christmas!

Jason

Have a good 'un

Originally Posted by Poyol

Thank you to everyone who has helped investigate Banners Broker.

..... Thank you and have a very Merry Christmas!

Jason

And a happy and peaceful Christmas to you and everyone else on here.

:)

05-18-2006, 08:11 AM

Soapboxmom Banned Join Date: Sep 2005 Location: Mars Posts: 1,926

Re: Prosperity Automated System-- Anyone have any experience? The not so good Dr. Lieven says: Quote: Out of the current 3,256 PAS MEMBERS, only 713 are qualified, and that includes the recent "electronic flips of qualification". Many of those, however, have NOT made a profit sale yet. And many of those who have made one, have still not achieved a BREAK EVEN on their investment, or even covered their initial investment in marketing. So, almost 4/5 of the membership is still in need of basic Qualification, and thus is still a long way from profit. That is over 2,500 members who need a Qualifying Sale and 2 profit Sales, just to get to a whee bit of profit. That is over 7,500 Sales that are needed, just to feed that bare Break Even necessity. Only 22% have qualified. Of the 2500 who haven't qualifeid they need 7500 sales to get just past the break even point. That 7500 needs 22,500 recruits to break even. That 22,500 recruits needs 67,500. That 65,700 needs 202,500. They need 607,500 who need 1,822,500 who need 5,467,500 who need 16,402,500.................. That completely amoral scammer just described your pyramid scheme. He admitted that it is a losing proposition for thousands and will only get worse. The minute recruiting slows down we have 80% or so of the recruits losing tremendous amounts of money. So, let's be honest. What kind of folks get involved in a scam like this at all. If you are lucky enough to make money you are in a tiny minority and you must by design take cash from many folks who are destined to lose big. This is just the kind of venture to get lots of complaints and attention from the authorities. He admitted the guarantee seems to have disappeared. They couldn't possibly honor it. Is that any surprise? Now you have heard about the phony bologna websites and paid infomercials as no legitimate news source, university or business expert is going to promote a blatant scheme like this! Hang on to your wallets and run fast folks! http://www.hyipdiscussion.com/advert...s-feature.html That is a hilarious thread on the new paid infomercial PAS is doing. They try to make it seem that the Discovery Channel and CNN Headline News are airing some educational programming/"Pulse on America" that includes a segment on this egregious scam! PAS suggests that they won some kind of contest to be chosen for this "Models of Excellence series" This is unbelievable how these scammers will lie to lure in warm bodies. Soapboxmom

The not so good doctor sure gets around. Amazingly he can do math. He has been involved in all sorts of sleazy deals. The SEC swooped in and shut down Prosperity Automated Systems much to our delight. Perhaps, BB will be next on the law enforcement radar here!

Originally Posted by littleroundman

In fact, many of them were duped BEFORE they even began to do their homework.

Many of the victims really do believe what they are doing IS "due diligence"

They fell victim to a "scam before the main scam"




The HYIP ponzi "industry" (if you can call it an "industry") have been working hard behind the scenes for many years promoting their version of "due diligence"

You don't have to look any further than the fact "Chris Smith said" is taken as being true by so many of the Banners Broker members.

"Chris Smith said that Banners Broker is a legally registered business" really does pass as "due diligence" for those people whose only experiences of "business" and "the law" come complete with advert breaks.

Throw in a "certificate of incorporation" and their "due diligence" is done and dusted.

Very true.But when you have to do with humans,all kind of everything is possible.One of my friend from a social network site invested few hundred $ in BB obscure adventure.I asked him did he really know where is he throwing his money?I got answer -Yes I know it's scam and ponzi but,I will just try my luck with hope that I will profit before it goes belly up. - the world is not white and black.There are people who deal with evil by knowing they could get burned and burn others.I bet that large mayority BB members know they are a part of ponzi and scam company - they just do not care so far their greed has hope.This are people with greedy character so does not metter if they are aware or not where they invest money - greed as supreme priority

Originally Posted by Soapboxmom

[TABLE="class: tborder, width: 100%, align: center"]
[TR]

The not so good doctor sure gets around. Amazingly he can do math. He has been involved in all sorts of sleazy deals. The SEC swooped in and shut down Prosperity Automated Systems much to our delight. Perhaps, BB will be next on the law enforcement radar here!

Oh yes...this is my wish 2 for the coming year...said that - May the Holiday season bring lots of Happiness and Success
to you and your loved ones.

Originally Posted by ProfHenryHiggins

You're blowing up in my face like a toddler with a tantrum, when I've barely spoken in this thread (or even this subject).

Try aiming your terrible twos at someone who has posted frequently about BB, Jens, and behave more like a businessman.

I would guess you have outed him in a cash gifting thread perhaps under another alias.

Originally Posted by Mundorf

Oh yes...this is my wish 2 for the coming year...said that - May the Holiday season bring lots of Happiness and Success
to you and your loved ones.

Actually, I know a way of guaranteeing you success in the new year, you see there's this fantastic new online opportunity called BannersBroker, you shell out a few dollars, wait a few weeks, double your money, then put all that back in and earn some more.


Here's a link to my signup page ......... BannersBroker

PS :- Just hover over the link, don't click on it, having said that there just might be an affiliate with that name.

Merry Xmas everyone.

Hi everyone.

Just popped in to wish you all a very mery xma and a happy new year.

I hope we all get what we want in 2013


.........not quite sure how that will work tho

Originally Posted by noname999

To jen and BBdef...and any other BB fan, why won't you answer my very simple questions?

The silence is deafening...

Originally Posted by jensholvoet

The sad reality is that all home based business opportunity haters always come and troll around on forums just to prove how wrong it is for people to be active in the industry.

Please look up "sweeping generalisation" under "logical fallacy"
I have run a business from home and that doesnt stop me being critical of scam home business.
In fact "work from home" schemes are in the top five of scams.

You can try to prove that BB is a scam for many years to come. It won't affect the company anyway. Funny how some people are putting so much energy and time in ridiculous claims that don't make sense at all.

Funny how people are putting their money ionto something that wouont be paying them in a few months time.
Actually not funny at all but rather sad and scary.
We dont have to prove any scam. If it is it will collapse. The point is BB makes claims it cant support which for any NORMAL business would be easy to support. e.g. annual returns, offices, employees, company registration details, background of executives etc. Scant evidence offered and what is offered is a farce when you look into it. the name has been changed ( Canada) and the company has moved from one tax haven to another( Isle of Mann; Belize) the office doesnt exist or isnt a banners broker office but one paid for by an associate. etc. all that is considered very dodgy in business It makes huge alarm bells ring. You know more about a guy that comes up to you in the street and says "here is a picture of me with the Pope can you trust me with you r life savings and I will double them?"

Originally Posted by okosh

You ran to tell your mommy??....Should I go stand in the naughty corner now??......

Please Okosh lay of the ad hominem and deal with the subject of the thread. Can you do that please? Likewise BBDefender. Leave off the personal attacks and deal with the issues guys.

Originally Posted by Poyol

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

And my own (not in the slightest complete)
Jason Clark Investigates

I happen to agree with stephen Howard. Can a mod sticky the references list on the thread page top ot in the forum list top?

santa-chimney-laptop-006.jpg

" Hey Bannersbroker, I have a complaint. The presents your Affiliates but are way too BIG to fit down chimneys"

@Iain: Can you answer my questions?

Ian, BBD, anybody please answer if you can.

When & where did Chris Smith go to college, what did he study & what qualification did he gain?

His previous employment? His previous business experience?

Surely during the huge amount of due diligence you all did with regards to Banners Broker before you sunk your money in, somebody somewhere must have some info on him?

Originally Posted by noname999

To jen and BBdef...and any other BB fan, why won't you answer my very simple questions?

They can't.

Fact 11: (This should probably be higher up the list). The are NO, repeat NO, banner adverts on Banner Brokers website, not one !!!!!.