Thread: Banners Broker HYIP ponzi scam

Originally Posted by Theseus

The bank/payment processor that BBI uses, whilst being Canadian-owned is based in Belize, BBI is IOM-based, neither of which will fall under the jurisdiction of the Canadian police. The argument is going to be that those in Canada (Dixit, Guarini, Hooker, Stern etc) are all victims of "Smith", who will, of course, have "vanished".


Along with a huge pile of cash...

How very clever of Mr. Smith. In the U.S. it wouldn't have mattered if the operation was registered on Mars. :)

Originally Posted by Finix

How very clever of Mr. Smith. In the U.S. it wouldn't have mattered if the operation was registered on Mars. :)

If you visit the official BB blog you can pinpoint the exact moment they realised this, big fanfare announcing the introduction to the US and then nothing....

Originally Posted by Theseus

Along with a huge pile of cash...

Sometimes it doesn't work out that way. A bank or a payment processor that is willing to play ball with the likes of Smiths might just get tempted to make the whole account frozen. Whom is Mr. Smith going to complain to should it happen?

Originally Posted by Finix

Sometimes it doesn't work out that way. A bank or a payment processor that is willing to play ball with the likes of Smiths might just get tempted to make the whole account frozen. Whom is Mr. Smith going to complain to should it happen?

the money in the account is surely only the money injected by BB? On that basis, who says BB hasn't been syphoning off the cash over time?

Originally Posted by Brenda

On that basis, who says BB hasn't been syphoning off the cash over time?

If he is as clever as he seems to be, then what he planned on getting out is already out. We'll never know one way or another unless the government steps in and makes the details public.

Yes, but they ARE operating in the US, and have left a paper trail to prove it. Chris and Lorenzo have given multiple recruitment seminars in the US. Info from my source who's in BB has been scarce. I don't know if there are any outspoken USA members on other forums...

Originally Posted by silly sally

Yes, but they ARE operating in the US

If they are, then this is the way to get them. U.S. laws are very strict. Involving even one American citizen in the fraud makes it U.S. jurisdiction.

Any use/interest?

Banners Broker USA - an affiliate of Banners Broker International | Facebook

Fenix, I don't have concrete proof (yet) of US victims. Either they're still getting paid or aren't being vocal about getting shafted. I'm sure the US authorities need concrete proof in order to start an investigation. My associate has not tried to withdraw yet.

Della Cate, thanks for posting the link...hadn't seen that one yet. Seems to be an individual and not a group. I'll add him to my list of known affiliates!

Originally Posted by Della Cate

Any use/interest?

Banners Broker USA - an affiliate of Banners Broker International | Facebook

Looks like just an idiot affiliate. He is pimping the numbers on the screen:

Today, my account is $31,940. I started with $415 8 months ago. That's a 7,596% increase in my money....in 8 months. Not too bad. In month 5, my account was just over $9,000. That means it jumped over $22,000 in 3 months. You would be crazy, not to join Banners Broker.

If he made a withdrawal, he'd be pimping the fact he got paid. How he managed to convince 100 people to join under his link only the devil knows.

Originally Posted by silly sally

Fenix, I don't have concrete proof (yet) of US victims.

The idiot in Della's link is a victim. Time to write to the FBI before he gets to millions on his computer screen. :)

Originally Posted by Della Cate

From the BB Iceland Facebook page:-

"BB site will go down for a couple of hours on 19th Feb so BB can do the switch over."

Switch over? From what to what? No further explanation is offered.

Or another, erm, excuse for delayed payments.....?

Another 'server' I would assume. They forgot they used that excuse last month already.

Originally Posted by Della Cate

From the BB Iceland Facebook page:-

"BB site will go down for a couple of hours on 19th Feb so BB can do the switch over."

Switch over? From what to what? No further explanation is offered.

Or another, erm, excuse for delayed payments.....?

Version 2.9.

Can someone quickly post a screenshot of this? This kid is involved in BB. Repeated withdrawals (in USD) directly from eWallet to business checking account. Does this look like a BB interface?

Brendan Picini's Photos | Facebook

Originally Posted by Finix

The FAQ on BB site mentions something about bankwire w/ds. Do they send/receive wires? That's straight up wire fraud. Who is their bank?

Payments in the US are received from Wells Fargo.

Mark

Originally Posted by marsh56

Payments in the US are received from Wells Fargo.

They wouldn't want any part of it if they knew. Let's let them know and see what they say.

Originally Posted by Finix

What sort of responses did you get from them? Promises to look into it and then nothing? Everyone is happy to get a cut of the profits? Any merchants dropped BB as a result of being informed of its activities?

Why would you think any of these processors would dump BB? Payza and STP are used with almost every single HYIP scam on the planet. Vector is offshore and may have some sweet deal going with BB as well.

Now that payouts have slowed to a crawl, I would think complaints to the authorities may now get their attention. Once they see the scope of this Ponzi, the ABC guys may finally pounce.

Mark

One of our group just announced that BB has arbitrarily REVERSED two of his withdrawals. One was from December and one from January. I believe the total was over $10k.

He called support and was not given a reason for the reversal. Instead he was told to make the withdrawals AGAIN.

Looks like the writing is on the wall.

Mark

Originally Posted by marsh56

Why would you think any of these processors would dump BB?

They wouldn't, but it would be good to have a record of the fact that they were informed. The more, the better.

Originally Posted by marsh56

Why would you think any of these processors would dump BB? Payza and STP are used with almost every single HYIP scam on the planet. Vector is offshore and may have some sweet deal going with BB as well.

Now that payouts have slowed to a crawl, I would think complaints to the authorities may now get their attention. Once they see the scope of this Ponzi, the ABC guys may finally pounce.

Mark

Nope!!....Too late for that....Look at 12dp, PIPS, ASD, Zeek and others....All got raided when there was millions left to freeze...
The money is all but gone in BB so it's unlikely they will bother to step in now...

JMO of course....

Originally Posted by okosh

Nope!!....Too late for that....Look at 12dp, PIPS, ASD, Zeek and others....All got raided when there was millions left to freeze...
The money is all but gone in BB so it's unlikely they will bother to step in now...

JMO of course....

You might be right, but there are other reasons to step in addition to freezing money and distributing it back to victims. There might be someone who just might get tired of going after the individual scams and starts looking at who knowingly processes money for them.

Anyone know what happened to stevenhoward? He was doing some good investigative work bit hasn't posted since end of Jan?

A friend of mine who has access to talkingbb has shown me this quote as it particularly concerns them.

it is in response to a presentation by David Hooker recently in Bristol and the topic of why panels capping are slowing down and the issue of new charges for members.

Yup I was there. He said the small brokers capacity has been maxed out or* "completely crashed" to use his own words and therefore panels are slow because there are more affiliates than available space with this broker so we need the new brokers space before they speed up again.

I wasn't going to mention it because

A) it will stir up a hornets nest
B) I take everything that's said by a particular person with a large grain of salt.

So it does seem that if there is a broker involved then they have reached capacity with it. Possibly just another load of drivel from David Hooker to be honest.


I was also able to gauge that there is a real issue with the TalkingBS regulars and David Hooker. One thing that is of interest is that David Hooker is stating that BB is actually an MLM business. This has significant repercussions in the UK.

Is there any evidence yet of people going to the Manchester (Bolton) World Tour event to liven it up a bit...authorities, media, hacked off affiliates etc?

What are money laundering laws in the U.K. like? The Allied Wallet seems to be gaining popularity with scams and has HQ in London according to their website

https://www.alliedwallet.com/support/contact-us/