Thread: Banners Broker HYIP ponzi scam

Originally Posted by Theseus

I'm not actually sure if Stern was actually meant to release that nugget for general consumption, if he thought it added to his, or BB's crediility then he was woefully misguided....

I wonder if Raj Dixit & that guy we know as Chris Smith are kicking his ass right now for that?

Originally Posted by Joe_Shmoe

I wonder if Raj Dixit & that guy we know as Chris Smith are kicking his ass right now for that?

I wonder what the BB faithful make of the allegation, who do they believe, the stalwart of the UK arm, or some new guy who only joined a few weeks ago?

My money's on us getting the blame, otherwise all you'll hear is the sound of tiny brains exploding as they try to figure it all out

Originally Posted by Theseus

The whole Donald Kernan thing is a red herring...

Attachment 2796

So he says he created "Banner Broker Inc", but he was/is an affiliate at Banners Broker

Attachment 2795


Nine months before the latter was launched. It's a bit of a coincidence (again) if he founded one company and then joined another unrelated one with an almost identical name. I suggest that he's simply entered "Jan 2010" when he really meant "Jan 2011" when filling in the Linkedin page.

Of course there's the bit in both those screenshots about him designing/creating Banners Broker, but even that's relatively easy to explain, given the Csmith5000 adverts on getacoder.com.

If he does have any bearing on things it's simply as one of the hired hands brought in to help write the programme, rather than as some shady "Mr Big", living in a rented condo above a shop...

I was just pointing out to anyone doing research that it's just another lie.

Originally Posted by Hypanor

Yeah, but nah (Australians love saying that for some reason). I agree, and assumed he was when I posted it, some hired help who was brought in early for some function. He doesn't appear to be a programmer type, looking at his resume, so how did he get in on the ground floor? And surely he must have made a motza out of it - Donald Kernan's was the affiliate link in the very first post on MMG before it got changed in the second post to 'Eric Turner'.

I'm still trying to get over why the $4m fraud isn't such a big deal! Anyone sent that bit of information to the UK papers? And surely all it needs is one disgruntled UK affiliate to make a complaint about it to the police? It might be their money that's involved, after all.

That would disrupt the UK 'World Tour' stop somewhat...

For some reason, players never seem to question this stuff. We've seen it in the ASD scam. No one batted an eye and no one, but scam exposers, ever questioned it. Then, there's the small problem that it even happened at all. It's just another lie to delay paying. For this alleged cash rich mega-business, that amount is chump change and should be paying regularly while the investigation is going on.

I wonder if $4million has been stolen. Maybe it's the setting-up of an excuse as to why they don't have enough funds to pay the UK affiliates. Mind you, 300,000 worldwide affiliates each earning an average $500 p.a. (all BB official figures) means BB generate at least $150,000,000 p.a. so presumably $4,000,000 is a drop in the ocean.

Oops, posted at the same time as Whip!

Interesting times

17th January, mark stokes joins Flexkom, no longer making his BB videos now getting his downies to follow suit.

19 December, Simon "the rat" Stepsys, the Most "successfull" BB affiliate in the world is no longer signing up for banners brokers and is now punting a mixture of empower network and profit clicking , Has not mentioned banners brokers since on his fb page, currently in Austin Texas at an empower meet up.

Ian Driscoll, now in Flexomm.

So, to you viewers lurking, The top tier of the UK banners brokers affiliates have jumped ship. If they haven't been paid....

Originally Posted by Papaponzi

Interesting times

17th January, mark stokes joins Flexkom, no longer making his BB videos now getting his downies to follow suit.

19 December, Simon "the rat" Stepsys, the Most "successfull" BB affiliate in the world is no longer signing up for banners brokers and is now punting a mixture of empower network and profit clicking , Has not mentioned banners brokers since on his fb page, currently in Austin Texas at an empower meet up.

Ian Driscoll, now in Flexomm.

So, to you viewers lurking, The top tier of the UK banners brokers affiliates have jumped ship. If they haven't been paid....

If anyone wants to have a look at their websites just to make sure what these guys are doing:

Mark Stokes

Simon Stepsys|How I Make Money Online By Showing People How I Make Money Online

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.

yeah, easy -

paypal - over 260$ it's free of fees less it's 2$, in my country.. (bank withdraw)
payza - no withdraw other then visa payza card.. you can't withdraw to any bank in the world right now and have been for almost a year and you can transfer to bank too.. you can't tansfer to debit/credit cards.. so just visa card that payza prints..

stp - you need to jump thru hoops to get stp to work for you, the site does not look professional, loads so slow and you need to complete those things that looks like missions to get access to withdrawing your money or even starting to think about it..

the only way to really get money is by getting banners broker visa card, and you know what does that mean? more info given to banners broker, like mothers name.. (wow..)

when I got my money to payza I had to pay to someone to transfer the money from payza to payal.. but it was better then waiting for payza to fix their stuff!

BB card limits from Vector's TOS:

"You can deposit additional amounts on your prepaid Card in US Dollars, which will be added to the existing Prepaid Card. The maximum reload amount per prepaid Card is $2,500.00USD with maximum per Prepaid Card per month of $10,000.00USD.

Your Prepaid Card allows you to access your funds from any MasterCard or Cirrus Automated Teller Machine (ATMs), MasterCard merchants that accept cards, on websites requiring payment via credit card or at any MasterCard issuer worldwide. The maximum daily ATM withdrawal amount is $1,000.00USD; however you may need to visit more than one machine to withdraw the maximum limit. The maximum daily POS purchase limit is $2,500.00."

Thanks Marsh. Do you know if it is possible to exceed the 10k monthly limit if you use diefferent methods of withdrawing?

Just received a comment from the man himself, Chris Smith...

Banners Broker Scam Update « Finch Sells – Comments Page 2

This should be interesting if he sticks around.

I see someone has asked about his college history. Lets see if he answers or dodges. Surely he knows if and when he graduated...

Originally Posted by Martin88

Just received a comment from the man himself, Chris Smith...

Banners Broker Scam Update « Finch Sells – Comments Page 2

This should be interesting if he sticks around.

IF it is in fact THE "Chris Smith".....

Came across this blogpost, possibly a couple of new names to find out about

Banners Broker - TEAM TOPGUN : Banners Broker india poised for growth through 2013

India poised for growth, hmmmmm

Originally Posted by okosh

IF it is in fact THE "Chris Smith".....

I checked the IP/location of the comment. It was posted via an anonymous proxy.

Terry's comments were traceable to Toronto, but can't say for sure with Smith.

There's a surprise!

To the drones: Do you not think it is any bit weird that the supposed head of a multi-national , multimillion dollar company would be visiting blogs regarding his company?

Originally Posted by noname999

To the drones: Do you not think it is any bit weird that the supposed head of a multi-national , multimillion dollar company would be visiting blogs regarding his company?

Well it's not like he's got any adds to purchase....Nor is he doing any payouts.....He's probably just bored so he decided to come play with us....

He does seem to be stumped already though...

Received the message below. Dunno is Grant is a new name? I've not come across him before that I can remember.

Monday's Training: Getting Traffic with Grant D'Eall
Dear All

This message is to remind you that the following Webinar will take place Monday, January 21, 2013 3:00 PM - 4:00 PM EST.

Monday's Training: Getting Traffic with Grant D'Eall

If it is Chris Smith, or more likely Dixit, kul, or komrade bogdan then he is playing this like a ponzi ... BOSS


Being new to all this I made the mistake in October of thinking it was about to collapse back then, in light of current events could the following guess be warm?

Stern asked kul/raj/bogdan some very pointed questions last week after the grilling he got in here
Kul/raj/bogdan promised answers... On Tuesday
Stern sais he will not do anything else for banners brokers till he gets some answers ... On Tuesday
Chris knows his top recruiters have jumped ship and is clutching at straws , hence the appearance on finch's blog

Please don't flame me, it's not a prediction, it's a very wild guess.

Originally Posted by Papaponzi

Being new to all this I made the mistake in October of thinking it was about to collapse back then, in light of current events could the following guess be warm?

Never mind, Papaponzi,

that's a natural mistake to make.

How it works is:

* The HYIP really IS about to collapse

* Anti scam forums and blogs report the imminent collapse

* The fraudsters change their plans and let the HYIP run

* The members go onto anti fraud forums and do their little happy dance

* The members celebrate their "victory" by buying more panels

* The fraudsters come out in front

Originally Posted by okosh

IF it is in fact THE "Chris Smith".....

Yes when Raj Dixit posted it wasn't Raj Dixit.

The guys over there have asked about his University history that would help him prove it (if it can be verified)

He is probably right about one thing though.
"This article and others are having a detrimental effect on our business,"
That's a crying shame Chris.

Originally Posted by Joe_Shmoe

Yes when Raj Dixit posted it wasn't Raj Dixit.

The guys over there have asked about his University history that would help him prove it (if it can be verified)

He is probably right about one thing though.
"This article and others are having a detrimental effect on our business,"
That's a crying shame Chris.

Reminds me of McCarthy whining that the picture they published in the SW was a tad "unflattering". Not concerned that he's ripping people off, just that he's been pictured in the papers looking gormless....