Thread: Banners Broker HYIP ponzi scam

Thanks to all members for supporting BB. God Bless and have a great day.

end of webinar

In any online program those 2 words should scare away any person even thinking of joining....
For those wondering....."god bless" = "you will grab your ankles".....

Originally Posted by okosh

In any online program those 2 words should scare away any person even thinking of joining....
For those wondering....."god bless" = "you will grab your ankles".....

YEP! In this arena, those two words often precede the acronym, "BOHICA"(Bend Over, Here It Comes Again!)

Originally Posted by strosdegoz

These rule haven't been there forever.
They also suggested that you can withdraw through several processors to get over that limit.
Meaning $10k for each withdrawal option available.

Stros, when was the last time you or any of your downline was paid??....Like paid to STP account where you can touch and spend the money.......

Originally Posted by laidback

YEP! In this arena, those two words often precede the acronym, "BOHICA"(Bend Over, Here It Comes Again!)

And in this arena the use of Vaseline is strictly prohibited.....

Originally Posted by noname999

Here are more questions Terry, I would appreciated if you kept the numbers in the answers too.

On 15th Jan in Finch's blog you stated "One such issue was in fact in the UK, where the representative there started charging affiliates for support when he should have referred them to BBI. He also signed up people under false pretenses to the tune of $4 Million which he placed in an offshore account."

1) For clarity, can you please confirm whether you are referring to Ian Driscoll with this quote?

2) If not, who is the individual you are referring to?

3) Has the matter been reported to the Police? If so, to which Police force / station etc. and what is the crime number provided?

4)What is the status of the enquiry?

5) If it has not been reported, why not?

Originally Posted by tdstern

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@noname999,
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3. I am unable to comment on legal matters being investigated at this time. Currently all evidence against the individual is being collected, and all appropriate actions are being considered. If there is a formal statement on behalf of the company, it will be issued through the appropriate channels. No further information will be stated here.
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So apparently it did happen then. And its announced in the comments section of an anti-BB blog, by the head of PR for the company.
Not familiar with UK law (or Aus for that matter), but would there be an obligation to report a suspected monetary fraud of this size to the authorities by the company?

Originally Posted by Hypanor

So apparently it did happen then. And its announced in the comments section of an anti-BB blog, by the head of PR for the company.
Not familiar with UK law (or Aus for that matter), but would there be an obligation to report a suspected monetary fraud of this size to the authorities by the company?

I can just picture the scene*


Chris Smith (for 'tis he) : Greetings, I am calling from Canada to report the theft of $4million by one of you thieving Britishers

PC Plod : Very good, sir. So one of my countrymen stole $4million Canadian dollars from you?

CS : Err, American dollars

PCP : But you're in Canada?

CS : Yes, you see I run a multi-million dollar international business, we deal in American currency between the UK and here because we bank in Belize

PCP : Sounds a bit odd, sir. What is the name of your company?

CS : I am the CEO of The Monetize Group

PCP : Ahh, you're Harry Cummine?

CS : Err, no, I'm err.....err...Chris Smith, yes, that's it, Chris Smith

PCP : But sir, Harry Cummine is the CEO of the Monetize Group...

CS : Did I say "Monetize Group"? Silly me, I meant "Stellar Point"

PCP : Odd, I thought the CEO of Stellar Point was Michael J. Brennan...

CS : Err...err...maybe my company is called "Banners Broker"

PCP : And you say your name is "Chris Smith", not Donald A. Kernan jr?

Line goes dead....






















*note : for Stroz's benefit let me state this is an imagined scenario

Post #6031 and Post #6032 in the Banners Broker thread, MMG HYIP ponzi forum

@LRM

I know I shouldn't fall for the garbage, but I'm going to bite anyway: the reply from our friend Marsh is to someone saying they "were lucky enough to get BB live chat". Says it all doesn't it.

From Mark Stokes's merry little group of suckers.
We'll have no negativity here.

Andrew Walker
Auto tp just came out and i nothing i can do with it...waiting for a few panels to cap to roll up for a green...and believe me i'd put more money in if i had it..but i'm just about maxed out :) Here's hoping for a nice big move when the servers are sorted :)

• Richard Arblaster likes this.
• Andrew Walker I've got three greens due to cap in about 4 weeks...and then ill have $810 to play with...mmm..might even get my first red
• Andrew Walker Might have no choice
• Andy Steele Similar situation, nearly put some more money in but then decided to be patient. Got a few panels that should cap soon. At the moment I need to buy another green as I have no macros for anything below. First time I've had traffic I can't use and account in negative for first time.
• Andrew Walker Golden rule...only put in what you can afford to not see back for at least 6-12 months..that's the way i see it.
• Andy Steele With the slow rate of the panels atm I'm more inclined to put the money into PC assuming that withdrawing isn''t going to be a problem.
  
  
  Mark Stokes Andy just hang fire till we see some money come out of pc ..it hard work at the min
  11 hours ago ·
• Mike Cox I had to put in 'real' money to buy out a negative equity that went on for weeks . Not a good feeling or idea. Play the slot machine 'business' as long as you can. 'tis the only

Richard Arblaster



Guys once and for all can we stop the negativity, the slow panel movements are caused by an IT issue.

There's enough of this going on over at talkingbb, where they're supposed to be reining it in, but don't seem to able to stop it, there are still people on that forum who are feeding the naysayers information.

I really don't care anymore what excuses you're coming out with for being negative. BB has and will always fix the problems they're faced with, we don't run the company so we don't know how long it should take for them to sort the issues, just that we know they sort them.

When you get up in the mornings, leave the negativity in bed.

• C Steve Greenhalgh Nice one Richard,fear is a terrible thing, people need to just chill, these things will sort themselves out... I'm still making money no problem... Imagine getting up every morning and looking at the interest on your bank balance! er wow we may start talking about lack of movement then!
• Liam Kenny Im not that fussed whether the engine moves fast or slow! So long as it moves, it's currently working well for me as it's taking my panels closer to capping without actually doing it!
  2 hours ago via mobile · Like
  
  
• David Scott At the end of the day all the panels I have bought have capped so I don't see a problem... Just be glad you not working at a Gas plant in Algeria!!
  28 minutes ago via mobile · Like

@Joe

Some of them are going to be extremely "maxed out" when this thing goes belly up.

Nice to know that talkingbb are starting to get nervous as well. No use having all this traffic movement without being able to get anything out is there?

Marcus Brewer, anyone?

Originally Posted by strosdegoz

These rule haven't been there forever.
They also suggested that you can withdraw through several processors to get over that limit.
Meaning $10k for each withdrawal option available.

Thanks stros for the information.

Originally Posted by Poyol

Marcus Brewer, anyone?

The only stuff I've found is his propensity for doing anything in internet marketing that may make him a buck. He does seem to trade on this Pastor title.

Other than that, he's a character from "About a Boy" starring Hugh Grant.

Originally Posted by AshKen1

The only stuff I've found is his propensity for doing anything in internet marketing that may make him a buck. He does seem to trade on this Pastor title.

Doesn't that remind you of plenty more. "Pastor Troy Barton" was the first one that I remember. Somebody who lives in the same block of flats as I do is an ordained clergyman and I have friends online and off line who are Christians.

What Christian teaches his flock "Internet Marketing" or "Copy and Paste Crap."

I posted something with a link yesterday but it wasn't accepted yet? Anyway, to see a USA link tp BB, just look up Mark Ghobril, a 'leader' since 2011. Those who PMed me already have his contact info...enjoy :-)

Originally Posted by AshKen1

The only stuff I've found is his propensity for doing anything in internet marketing that may make him a buck. He does seem to trade on this Pastor title.

Other than that, he's a character from "About a Boy" starring Hugh Grant.

The stuff I've found is his Google ID being on bannersbroker.com website. Why is that if it's not his website?

Looking to BB members who also have an account with Paypal. Could you compare the fees involved in transfering money between the likes of the BB accepted processors(STP etc) and Paypal. Thanks in advance.

Originally Posted by noname999

Looking to BB members who also have an account with Paypal. Could you compare the fees involved in transfering money between the likes of the BB accepted processors(STP etc) and Paypal. Thanks in advance.

Sent you PM with some information in. Vector/paypal only.

perhaps Mr Stern is personally known at SP, or was headhunted . This is the only job app I can find for SP, note the address and company profile

[url=http://www.searchingtoronto.com/jobs/display_job/48329/PHP-Programmer.html]PHP Programmer Job Postings in Toronto | Search Classified

and this one from 7 days ago (?) for

BBhttp://www.simplyhired.ca/a/jobs/list/c-banners+broker


are they expanding or having probs keeping staff?

Originally Posted by Brenda

perhaps Mr Stern is personally known at SP, or was headhunted . This is the only job app I can find for SP, note the address and company profile

PHP Programmer Job Postings in Toronto | Search Classified Listings

Awwww they didn't take the time to fill out the company profile bit. What a shame, would have been interesting to see what was there

Originally Posted by noname999

Looking to BB members who also have an account with Paypal. Could you compare the fees involved in transfering money between the likes of the BB accepted processors(STP etc) and Paypal. Thanks in advance.

noname, I use paypal and have for years. I regularly transfer >$10k out of my account. The transfer fee is exactly $0. I've never had to provide them who any sort of identification, just registered my corporation bank account with them and my federal employer identification number.

This is all within the USA, although I take payments from several countries. I never send money out of my account internationally, but I just checked and depending on destination country the fee is from 0.5% to 2%.

This whole PayPal question and defense by Terry is kind of silly. If I were an international company the size if BB it would be very simple to set up a legal entity in each country I do business in, have a Paypal account for each of those entities, and do the Paypal transfers totally in-country, and avoid all international fees. I could fund the PayPal accounts from my central bank account (wherever it is) for zero fees other than currency exchange.

Not to change the subject but I was wondering if anyone in the USA could comment on this. I just received my 1099 from PayPal for 2012. I had heard in the past that BB was going to be issuing 1099s to USA members. Did that ever happen? I'd be very curious as to what name, address, and federal ID number they used to issue that 1099?

Originally Posted by silly sally

Have a look-see here:

Mark Ghobril | LinkedIn

Canadian-born and educated. Ran a seminar with Mr. Smith a year ago! Poyol has all the info...

This one?


flyer_jan31_ny.jpg

@samuel

What's a 1099?

I've sent noname some stuff from paypal.co.uk and fees vary depending on how much business you do.

In reality, using Paypal would have been the best way forward. Only drawback is the legitimacy of the business - but feel free to tell me I'm wrong.

Samuel /Ash,
Posted this over on Finch's earlier:



SwissSkyBlue says:

January 19, 2013 at 6:00 am@Terry

I have asked you three or four times now:
Why do your paying organisations need certified copies of the affiliates passports in order to pay them when PayPay does not.
You have given me all sorts of waffle and nonsense, but you HAVE NOT ANSWERED THE QUESTION.
So let me ask you yet again Terry: You claim that your online paying organisations must have certified copies of affiliates passports in order to comply with international money laundering laws. PayPal do NOT need certified copies of affiliates passports in order to comply with international money laundering laws.
Without going into any other waffle or explanations, can you PLEASE ANSWER THE QUESTION?

I have openly stated that it is my opinion that BB will not use normal, reputable payment methods because it does not suit BB’s needs to use delaying tactics when pretending to make payments. It would be very, very difficult to make the ridiculous claims that you make about your payment organisations if you used PayPal or normal banks or cheques.
This is my opinion Terry, and nothing you have said in your several responses comes remotely close to answering this very simple question, so nothing you have said has come close to changing my mind about you and BB being a scam.

I have seen several comments here and elsewhere in resonse to my questions and your replies that affiliates would gladly pay the PayPal fees if this meant that they would actually get some real money into their real bank accounts.

And of course, your replies mislead people about fees because in fact the total cost of transferring money through your current systems exceeds any PayPal fees, but cost is really not relevant at all, becauseof course, any such fees would be peanuts in comparison to the humungous amounts of money BB is making for their affiliates, so affiliates will gladly pay PayPal or cheque fees if it means they really get their money.

If an affiliate was to say to you – yes, please, please, please pay me through PayPal and I will gladly pay any extra fees that might involve, will BB do that? If an affiliate said please, please do send me a cheque for my money and I will galdly absorbe any additional costs involved, will BB do that?
You know as well as I do that BB could and should do exactly that, but my opinion Terry is that BB will not do that because they have no intention of paying most of the people owed money by BB, so BB will not use any standard, normal, reputable payment methods where they cannot claim all the problems that are “delaying” the payments for so long.

Believe me, I would like to be proved wrong as your organisation has dragged in a family member of mine and I would like to see him at least get his money back, so please give me something to make me believe you are not a scam and you are not evil repeat criminals out to scam the people who can least afford it.

So Terry, what I am asking is very, very simple. Are you going to provide a proper answer or not?


There is a logical reason that I keep on hammering on about this. It is surely one of the classic ploys of scams that they do not use normal payment methods as they are then not able to use the payment delaying tactics they have to use to run their scams and keep their money.
I therefore want anyone thinking of investing in these scams to realise that they are using these alternative payment schemes for nefarious purposes, and I further want them to see that the scammers are not able to give a sensible answer as to why they will not use normal and reputable payment methods.
I know I am not going to get a sensible answer out of BB, because there is no sensible answer they can give. They use disreputable payment services because the disreputable payment services will do their bidding and serves their payment delaying tactics, whereas reputable payment services would not (quite apart from the fact that I believe that reputable payment services would simply refuse to do business with BB and their ilk).
I mean, can you imagine BB trying to convince their affiiates that payments were delayed for weeks because PayPal or Bank of America servers were being changed and that it would take days or weeks for them to get back online? Not even the BB drones are that stupid.
Hence, I push the payment services issue and will keep on doing so as it is a visible disparity to any potential investor. After all, what any potential investor is after is money, and if there is doubt from the outset about ever getting your money out (unless you get into the scam early), then an investor is less likely to invest.

1099 is a USA Internal Revenue Service (IRS) form that anyone doing business in the USA where they are paying someone in the USA for any type of service must document the compensation paid. For example, you work for me occasionally to do some website development as a freelance programmer. I pay you $2500 over the course of the year. At the end of the year I file a 1099 with the IRS and I send a copy to you. When you do your personal income taxes the IRS will be looking for you to show the $2500 in income that matches up with the 1099.

I have a feeling there will be no 1099s from BB and the reason given will be that this is not an independent contractor or hired services relationship...it's simply a small business where the member is buying and selling a product (colored panels).

I just asked because BB had definitely said they would issue USA 1099s in the past, and wondered if it actually happened. I'm not holding my breath...

On the PayPal point, here is what I would have done if I were a business the size of BB:

Establish a legal entity in each country I do business in.
Set up a bank account in each country.
Tell my affiliates if you want to get paid, set up a direct-deposit to your own bank account.

Zero fees, period. This is exactly how Google does it. You are an Adsense affiliate, you get paid directly to your own bank account from them, in-country. They say they pay you by the 25th of each month and you can set your watch to it, without fail. Google would never screw around with PayPal, stp, MasterCard or whatever.