Thread: Banners Broker HYIP ponzi scam

Originally Posted by Martin88

A guy named Ramesh Kumar just popped up on my blog posting this:

"INDIA BB OFFICE IN GOA SEIZED BY POLICE
the police have started investigations into our Indian operations and have charged us under IPC under section 4,5,6 of the PCMC (banning) act 1978 , 406 and 420."

Banners Broker Scam Update « Finch Sells – Comments Page 1

Just had a quick Google of that particular legislation and it directly relates to the MLM/ponzi model, which the Indian authorities are known to be cracking down on at the moment.

No idea how much truth there is to the claim. But something to keep an eye on, no doubt.

It's the same name as the person who posted on the FB forum, he's obviously not bothered about being exposed.

Looks like someone's holiday has been spoilt.

[sarcastic mode]

Happy New year Raj

[/sarcastic mode]

Wow.

Noname, so, me being one of the main antagonists of Banners Broker must have know what was going on when my friend recruited me? No, I didn't. Once I realised it was - I started posting at Scum.com - you know this.

I won't be posting much till the 2nd - not that there's much to be done it seems.

We actually learnt anything new yet?

Originally Posted by amathyst87

I think maybe I could be reading too much into this, and my web programming isn't great but with regards to the actual panels in the back end of Banners Broker, you would expect the figures being shown to be pulled from somewhere else wouldn't you? Like a database or something? For example if the panel number is 12334839898989 then it would do a database lookup for 12334839898989 and pull the figures through for that panel. When looking through the code for the panels, it's all just text within div's. There's no database or anything mentioned anywhere, I can't find it in the head tags, or the body or the footers. Something as complex as this would have some code I don't recognise (as I say, i'm little more than a beginner with writing codr but I can read it and know roughly whats going on for the most part) or recognised as some kind of lookup.

Just more fuel to the fire that the numbers mean jack I suppose. If someone with more in depth working knowledge than myself wishes to inspect the code in the back end they might be able to shed a bit more light on this side of things...

Also, this stuff about Banners Broker India is interesting, surely can't be long now before a similar situation happens in...hold on, wait, where DO Banners Broker have actual offices not attributed to another company? Funny that...

They are without doubt pulling the data from somewhere, they have a fair bit of javascript code in their pages, no doubt they will use jquery to interact with a database in someway.

Edit :- Just checked, they're using JSON (as suspected).

Originally Posted by littleroundman

I'd have to agree with you, Martin.

Anyone in the least familiar with the Indian Authorities' history at dealing with ponzi frauds would recognize this action is a MAJOR departure from what has occurred previously.

Indias' bureaucracy is notoriously slow to act, even when presented with irrefutable evidence.

For this to have occurred in the lifetime of a current HYIP ponzi fraud should serve as fair warning to anyone even remotely contemplating sending of any or more money to Banners Broker.

Maybe some arse got someone with a lot of power to join, then they saw realscam.com.

I'd love to be a fly on the wall in Raj's place right now.

2013 not looking so lucky for BB, hopefully there will be a lot of convictions and long prison sentences.

I'm very close to reporting them to the Police in the UK, but really need to be certain my money has gone before I do.

Finch Sells Blog

Originally Posted by littleroundman

Finch Sells Blog

"Terminating such offenders" - doesn't sound too nice ...

Just for information and in case the post disappears.

Sascode3 over on talkgold post #1414 has a posted a link to some of the tweets made by BB promising to double money...

BannersBroker - BannersBroker.com - Page 27 - Talkgold HYIP, Investment & Money Forum

If Sascode3 is a member here, nice one

I am assuming that the crack legal team that BB have will now be sorting out the debacle that is happening in India?

<<Written in sarcasm font>>

Still on the BB page on Facebook as of Friday of last week:

"God Bless you and we will talk to you in 2013.

1) Has just set up a NEW Corporate Office & Support Centre in BANGALORE, India
2) Banners Broker India will be opening a Corporate Bank Account in INDIA for easy payment to all its Indian Members (Bank Transfer). Since new RBI rules will be soon stopping all e-currency payments in India.
3) Banner Broker Version 2.6 released with new features, security & plans for longevity of the company.
4) Planning to issue prepaid BB cards for Indian Members, Awaiting approval from Indian Banks, This should be completed within 6 months.
5) Banners Broker website has now been renewed for the next 5 years & has strengthened its servers for better security.

6) Banners Broker is further Investing an additional 1 million US$ in India & Has done everything to be compliant with the New RBI Rules & Govt of India, MCA Regulation & guidelines for MLM / Foreign Companies operating in India.

7) BB is a genuine advertising & publishing company with long term plans of operating in INDIA

8) Banner Broker has announced the dates of its world tour in INDIA (Kolkata) on 8th, 9th, and 10th of February"

Ah.... yes.... well.... maybe not

For any new Banners Brokers affiliates here for the first time ...

US SEC definition of the word "investment"

Investments in general are money put into use for profit, or the property or business interest purchased for profit.

And remember, if you've been actively selling/promoting BB the Proceeds of Crime Act gives the police to seize your assets if they think they've been acquired using criminally acquired funds.

Oh, and withdrawing funds via the Mastercard counts as money laundering in the eyes of the law.


Have a great new year

Originally Posted by StevenHoward

They are without doubt pulling the data from somewhere, they have a fair bit of javascript code in their pages, no doubt they will use jquery to interact with a database in someway.

Edit :- Just checked, they're using JSON (as suspected).

Thanks for that, I missed the javascript, d'oh. I was assuming they would be using something like that, though the individual panels don't seem to be pulling anything from anywhere, it's just a lot of divs from what I can see.

Originally Posted by johnname

I did put money in there but i don't want my id stolen so i will not put any id in it. So i can count with the loss of the 325$ i put on this...
i could try solidtrustpay or payza but i don't trust them either so i can't figure out a way of geting my money back. I guess it is one way of being punished for being so naive. I tough i was smart when it turns out to being smart online, but i turned out to be an idiot, lol.

Stopping fraudsters is critical. By reporting a scam, you help prevent others from becoming fraud victims. The information you provide is important!

If you decide to file a complaint, it is important that you keep any evidence you may have related to your complaint. Evidence may include, but is not limited to, the following:
•cancelled cheques
•certified or other mail receipts
•chatroom or newsgroup text
•credit card receipts
•shipping envelopes
•facsimiles
•money order receipts
•pamphlets or brochures
•phone bills
•printed or electronic copies of emails
•printed or electronic copies of web pages
•wire receipts
•notes taken as events take place

Keep items in a safe location in the event that you are requested to provide them. This information may form an important part of any investigation. The information you provide could be used as evidence during a prosecution.

Courtesy of Canadian Anti-Fraud Centre: Report It! Stop It! - Competition Bureau

Originally Posted by amathyst87

Thanks for that, I missed the javascript, d'oh. I was assuming they would be using something like that, though the individual panels don't seem to be pulling anything from anywhere, it's just a lot of divs from what I can see.

There's numerous ways to build up divs like that using a scripting language, it's also possible to give a div a name, then using a scripting language replace the content of that div with something else, even another web page.

Here's a good example loading a text file into a div element jQuery load() Method

Note that combined with php it's easy to load such things information from a database.

At least Mark Stokes has got a good feeling about 2013

I gotta good feeling about 2013 - YouTube

Does he keep looking in his door mirror for the cops?

Oh what a wonderful new years gift. Well done to India. C'mon you Irish UK and Canadian authorities. What are you there for? Get the finger out.

Originally Posted by Joe_Shmoe

At least Mark Stokes has got a good feeling about 2013

I gotta good feeling about 2013 - YouTube

Does he keep looking in his door mirror for the cops?

What.A.Prick.

Originally Posted by Jerrygo

Oh what a wonderful new years gift. Well done to India.

Do we know when exactly this happened?

Originally Posted by AshKen1

Just for information and in case the post disappears.

Sascode3 over on talkgold post #1414 has a posted a link to some of the tweets made by BB promising to double money...

BannersBroker - BannersBroker.com - Page 27 - Talkgold HYIP, Investment & Money Forum

If Sascode3 is a member here, nice one

Just in case they clean house. lol

Originally Posted by littleroundman

Finch Sells Blog

I was listening to this when this news hit me.Nice coincidence.
THE SECRET WORLD - music video - YouTube
I guess the ending that we knew would come have finally begun.

How are they going to explain to the Indian authorities that BB encouraged people to lie that the money they were receiving was a gift from a relative rather than from BB. I know these instructions were in a number of different places. Anyone remember where?

Are the shrooms on TBB swallowing the whole...'lets blame the affiliates' routine for the whole India thing?

Also wondering, is this this guy Edney Heredia's escape route? Another to let off the hook. Thats Kul, Driscoll and Heredia gone(as far as the shrooms are concerned). The way things are going they will have noone left to blame.

At least our good friend Paul is still with us(he has broken so many T&C at this stage, he should have been gone ages ago - I guess they only get 'terminated' when they request it). Seems he is too stupid to realise the game is up.

I would point out to the drones reading - according to BB themselves, Heredia looked for a payout of 50K for his part of the business. Now if BB affiliates were making the kind of money they claim, 50k wouldn't even come near to the value of his share. It would be millions.
Take for example that snake stepsys. He claims to have made millions out of this scam. Yet he would be down lower than Heredia. So how could H only be looking for 50k? Of course the affiliates are lying about what they have made. Can you see this now???

A few things that caught my eye with this announcement and Mr Edney Heredia's termination.

So he is terminated in Banners Broker, but they keep him on as a director. Seriously?

He "refuses" to surrrender his shares? If he is staying on as a director why would he even have to "refuse" and surrender his shares?

Then in the next breath they say he offered to sell them for $50K to the "Executives of Banners Broker International," and they refused to buy them. Then he offered them $10K and again they refused.

Now think about that for a moment. If BB was as wealthy as they claim, why in the world would the "Executives of Banners Broker International" not buy them at $50K and especially at $10K? This would be a steal, bargain basement prices. The Executives should have jumped at this opportunity to buy them....that is if they were really worth anything to begin with, which they aren't.

But why in the world would you keep him on as a director if he is responsible for all their legal problems in India in the first place?

Kind of reminds me of all the BS that ASD put out when the Secret Service raided their offices after their website had been shut down. It was all a big misunderstading, ASD would be back up in a matter of days, their attorneys were working on getting all the issues resolved, yada, yada, yada. The only thing missing here was their high powered law firm being involved.

As I had stated before, January is going to be one very interesting month, not only for BB but for a lot of other Ponzi's that are in deep doo-doo right now.

Originally Posted by Whip

But where is the 'Ad Surf Daily building' the shill is trying to claim was purchased?

Quincy - the town, not the flower shop.

Originally Posted by EagleOne

A few things that caught my eye with this announcement and Mr Edney Heredia's termination.

So he is terminated in Banners Broker, but they keep him on as a director. Seriously?

But why in the world would you keep him on as a director if he is responsible for all their legal problems in India in the first place?

Because he owns the company?
http://www.mca.gov.in/DCAPortalWeb/d...yNameAction.do
LLPIN/CIN/1A Ref No Company or LLP Name State Registration Date Company Status
U74999GA2011PTC006823 BANNERS BROKER INDIA PRIVATE LIMITED Goa 11/11/2011 Approved


Corporate Identity Number : U74999GA2011PTC006823
I hereby certify that BANNERS BROKER INDIA PRIVATE LIMITED is this day
incorporated under the Companies Act, 1956 (No. 1 of 1956) and that the company
is private limited.
Given at Goa this Eleventh day of November Two Thousand Eleven.

Mailing Address as per record available in Registrar of Companies office:
BANNERS BROKER INDIA PRIVATE LIMITED
FLAT NO 9-10, 293 EDMAR HOUSE OLD GOA,
PANAJI - 403402,
Goa, INDIA


OFFICE NO. S/59/60, BLOCK B,
IIND FLOOR, ALFRAN PLAZA, PANJIM GOA
City : PANJIM
State : Goa

Originally Posted by EagleOne

[B][COLOR="#0000CD"]As I had stated before, January is going to be one very interesting month

Hello EagleOne,

I think you know it's generally my practice to shy away from predictions because there simply are too many variables. And when a prediction doesn't come true, the scammers use the failed prediction as their "evidence" the naysayers are blowing smoke.

Regardless, on this New Year's Eve, I am going to join you in this prediction and go even a step further: I think Armageddon is at hand for the HYIP "industry," that hellfire (figurative) is going to rain down from the sky upon it -- and that the "industry" is going to come to understand the meaning of true sovereign power.

PPBlog