Thread: Banners Broker HYIP ponzi scam

Originally Posted by waverider

Similar story here, original withdrawal date due was 17Feb13, then became TBD, still waiting for my very first withdrawal, will let you know how things progress. Just cut'n'paste responses for support tickets. My due diligence was along the lines of let's give this a shot, sit there passively, then try to get paid and see what happens. So far, I can't report anything positive in this regard. How much did I put into BB, about $600, about what I'd drink and gamble away on the track and at the local casino especially on a special weekend like the Magic Millions.

If you're lurking here wondering whether BB's the real deal or not, keep an eye on the one thing that counts - are people being paid? Are most people being paid on time, or are most people seemingly being paid late? Paid later than they expected? Mine's a couple of weeks late so far, nothing unusual, remember they got to run a couple more functions to get enough new people to join, so the rest of us can get our payment requests fulfilled).

so with a yes or a no answer do you thing banners brokers is a scam?

Originally Posted by Papaponzi

so with a yes or a no answer do you thing banners brokers is a scam?

Yes he does.He admits he won't get paid until new victims join. =ponzi.

Originally Posted by Papaponzi

so with a yes or a no answer do you thing banners brokers is a scam?

Would that be scam as in: "I'm not getting paid" or scam as in: "it's a HYIP ponzi"

Not sure why, but Banners Broker Canada Stellar Point has their own forum. It's going great guns, the most recent post (there are 2 in total) is a link to "Download Dandruff Home Remedy" which I'm not game to click on...

Stellar Point - Stellar Point Forum - Topics in Main Forum (1/1)

Maybe we should all sign up there, and let Rajiv know that he's contracting to a Ponzi. Or do you think he already knows?

BB, scam-on-a-phone!

Originally Posted by Hypanor

BB, scam-on-a-phone!

not that there's any money to steal but do you think any of the idiots that download and activate it this realise they are handing over their entire bb account to a russian programmer?

I downloaded it for a laugh and plugged it into my free account, it asks permission to access everything on your phone!, I deleted it before it started ordering little blue pills

Originally Posted by waverider

Similar story here, original withdrawal date due was 17Feb13, then became TBD, still waiting for my very first withdrawal, will let you know how things progress. Just cut'n'paste responses for support tickets. My due diligence was along the lines of let's give this a shot, sit there passively, then try to get paid and see what happens. So far, I can't report anything positive in this regard. How much did I put into BB, about $600, about what I'd drink and gamble away on the track and at the local casino especially on a special weekend like the Magic Millions.

If you're lurking here wondering whether BB's the real deal or not, keep an eye on the one thing that counts - are people being paid? Are most people being paid on time, or are most people seemingly being paid late? Paid later than they expected? Mine's a couple of weeks late so far, nothing unusual, remember they got to run a couple more functions to get enough new people to join, so the rest of us can get our payment requests fulfilled).

with respect waverider, it was announced on here, not sure if it was at the Bolton bash or on a recent webinar, but you guys were told that accounts would now be moved into the TBD status going forward. Will have a look back and see if I can find it here for you.

As you seem to be surprised by this development, can I ask you, what action have you taken. Have you contacted your upline to clarify what's going on? Have you contacted BB to ask what are they at? Have you posted your dissatisfaction on any on the BB forums? Why did the masses not object at the time of the annoucement?

Not trying to be hard on you, but what does it say if your only course of action was to come here and let us know? The acceptance and compliance in general of the BB affiliate to all WRITING ON THE WALL stuff is startling!

Hello guys here is heads up on new ratio on qualifying panels

Traffic packs - April 1st 2013

Allowance or Ratio

You cannot use strictly Traffic Packs. This makes BB an passive program.

1/3rd ratio

Our of every 3 panels, 1 must be qualified by other types of traffic.

April 1st... example 100 panels

1st 10 colors have no restrictions.

Next 60 I can qualify using TP's, remaining 30 must be qualified with sales credits, organic traffic or incentive traffic.

Grandfather clause - all existing panels are NOT affected.

THERE WILL BE A SOLUTION FOR TRAFFIC PACK COMMITMENTS - you will be allowed to reduce your Traffic Pack commitment - we will announce this as April 1st gets closer.

INCENTIVE TRAFFIC - no referring needed. but it is not passive.
Write blogs
example - write 36 blogs, you would earn enough to qualify a blue panel.
This is not a lot of writing. Is it worth spending one hour or a few hours a day to earn traffic? Yes.

You can qualify your panels via incentive traffic. It is not a requirement to recruit

Good grief!

Originally Posted by Della Cate

There are no official BB offices anywhere other than Isle of Man and India

So they have dropped the Belize "front" which they claimed was the main BB office and where you had to send your personal information? They have also morphed the Canada "front" by changing the name from Banners Broker to Stellar Point but we all know it is in fact the same company with the same company number in Canada.

Who do they say is employed or a director in the Isle of Man. Chris Smith or Dixit or Hooper aren't involved in that. Only Bento has been sited in India and she produced no evidence that BB employed her or that she was a director of BB. so other than the actual owner of BB India Mr Herida ( and we have supplied the Indian company details here just like the Canadian company details) who reported BB to the police in India who is involved in the only "official" BB office? And if Isle of Man and India are the only official offices from where does "Raj speaking" derive his authority. He is a director of stellar Point in Canada which according to him isn't BB. He claimed ( although he produced no actual contract or evidence) SP was contracted to BB International in Belize. But the Belize company isnt "official" anymore. So what gives Raj the authority to "speak" on behalf of Banners Broker?

Originally Posted by Beacon

So they have dropped the Belize "front" which they claimed was the main BB office and where you had to send your personal information? They have also morphed the Canada "front" by changing the name from Banners Broker to Stellar Point but we all know it is in fact the same company with the same company number in Canada.

Who do they say is employed or a director in the Isle of Man. Chris Smith or Dixit or Hooper aren't involved in that. Only Bento has been sited in India and she produced no evidence that BB employed her or that she was a director of BB. so other than the actual owner of BB India Mr Herida ( and we have supplied the Indian company details here just like the Canadian company details) who reported BB to the police in India who is involved in the only "official" BB office? And if Isle of Man and India are the only official offices from where does "Raj speaking" derive his authority. He is a director of stellar Point in Canada which according to him isn't BB. He claimed ( although he produced no actual contract or evidence) SP was contracted to BB International in Belize. But the Belize company isnt "official" anymore. So what gives Raj the authority to "speak" on behalf of Banners Broker?

In the same webinar, Raj says this:

I am the CEO for Stellar Point International. I also serve as a senior advisor for BB CEO Chris Smith. My role is to ensure that BB is in compliance.

So he runs SP, advises Chris Smith and has responsibility for compliance eh? Busy boy. Whatever happened to David Hooker - or was it Terry/David Stern? - who was supposedly overseeing compliance? Has he wandered off or something, so Mr Dixit has had to take over?

I get the impression that there is a huge amount of fluidity, shall we say, about BB and its organisation. Offices seem to be here, there and everywhere, companies and even people seem to be changing their names at the drop of a hat, and of course it makes you wonder why.........

Of course, they may have to move from the Isle of Man shortly. There are changes afoot to its tax rules, as an article in the Daily Telegraph outlined on 19th February, and I quote:-

" Under the agreement, a wide range of financial information on UK taxpayers with accounts in the Isle of Man will be passed automatically to HM Revenue and Customs (HMRC).

A disclosure facility will allow account-holders to come forward and settle their past affairs before the details are automatically passed on to HMRC.

Welcoming the agreement, Chancellor George Osborne said: "The Government is committed to tackling tax evasion and this agreement will greatly enhance HMRC's ability to clamp down on those who try to hide their money offshore.

"I welcome the progress made with the Isle of Man and look forward to working on this new standard in the automatic exchange of tax information."

The Treasury said the deal with the Manx authorities closely followed an agreement struck with the United States to improve international tax compliance.

It follows an agreement last month with Switzerland to recover previously unpaid UK tax on funds held in Swiss accounts which is forecast to bring in more than £5 billion over the next six years.

Discussions are also taking place with the authorities in Jersey and Guernsey on improving the exchange of financial information. "

Soon there won't be any place left...... .shame!

Bruntwood who own the Furness House building have recently put on a news post about attracting global businesses Bruntwood

Funny how it doesn't mention Stellar Point or Banners Broker but does mention some paltry $5bn operation, Medilink! Surely small change compared to BB

Originally Posted by hendyphilhendy

Bruntwood who own the Furness House building have recently put on a news post about attracting global businesses Bruntwood

Funny how it doesn't mention Stellar Point or Banners Broker but does mention some paltry $5bn operation, Medilink! Surely small change compared to BB

It would be worth looking out for a Directory of Business for the Salford Quays area. Lots of Councils produce them as part of their economic/regeneration strategy. So a big player like BB/SP would surely be a welcome addition to the economy of Salford Quays, one worth publicising. It would certainly be included in any list of companies for the area....wouldn't it? I mean, what would be more likely?

(It's a pity the little smiley face things don't include a flying pig, because I was going to add one here!)

Originally Posted by hendyphilhendy

Bruntwood who own the Furness House building have recently put on a news post about attracting global businesses Bruntwood

Funny how it doesn't mention Stellar Point or Banners Broker but does mention some paltry $5bn operation, Medilink! Surely small change compared to BB

Not meaning to sound off here, but could a member here from the UK just pick up the phone and ask Bruntwood about the BB connection?

I got a friend of mine in Toronto to call in person to King Street and was able by speaking with the concierge there, establish that BB only have a virtual office there on the 56th floor which is the virtual office floor. Haven't seen BB mention King street since although I;m not suggesting this is anything more than coincidence.

MAXIMUM IRONY? Man Tells British Newspaper That He Used Prepaid Mastercard From Banners Broker At ATM — And Received Counterfeit £20 Note

By PatrickPretty.com 10:37 am Mar 7, 2013

UPDATED AT 10:40 A.M. ET (U.S.A.) A member of the “Banners Broker” program tells The Bristol Post that he used a prepaid Banners MasterCard at a NatWest ATM to withdraw £600 and that a counterfeit £20 note was in the stack of dispensed by the machine.

The plan, Paul Scoplin reportedly told the paper, was to withdraw the cash at NatWest and then to deposit it into an HSBC but the plan didn’t go swimmingly.

“I took the cash over to HSBC straight away and they flagged up one of the notes,” he reportedly told the paper.

[Link to the rest of the story on Patrick's blog]


I swear you can't make this stuff up.

Originally Posted by GlimDropper

MAXIMUM IRONY? Man Tells British Newspaper That He Used Prepaid Mastercard From Banners Broker At ATM — And Received Counterfeit £20 Note

By PatrickPretty.com 10:37 am Mar 7, 2013
[Link to the rest of the story on Patrick's blog]


I swear you can't make this stuff up.

£600? In one go? At one ATM? From BB? er,I don't think so...but a brilliant way into the media. Well done!

Originally Posted by HARRISON

£600? In one go? At one ATM? From BB? er,I don't think so...but a brilliant way into the media. Well done!

Further to the above........link to article with a picture of said Mr Scoplin.

Bank denies fake £20 came from cashpoint | Kingswood People

And yes, it was in the Bristol Post. What makes this extra interesting is that BB are fairly active down there, having held meetings near Bristol, the last being, if I remember rightly, at the end of January.

Here is the same, I think, Paul Scoplin on "Pinterest" proclaiming BB as the "best business model ever created for home based enterpreneurs"

Banners Broker

Paul Scoplin, Bristol. I'm guessing same guy

Paul Scoplin - United Kingdom | LinkedIn

Paul Scoplin (mrscops) on Pinterest

he even used a pyramid logo for his BB ad haha !

Originally Posted by Della Cate

Further to the above........link to article with a picture of said Mr Scoplin.

Bank denies fake £20 came from cashpoint | Kingswood People

And yes, it was in the Bristol Post. What makes this extra interesting is that BB are fairly active down there, having held meetings near Bristol, the last being, if I remember rightly, at the end of January.

Here is the same, I think, Paul Scoplin on "Pinterest" proclaiming BB as the "best business model ever created for home based enterpreneurs"

Banners Broker

snap !!! Of course, it's great minds right !

Originally Posted by GlimDropper

I swear you can't make this stuff up.

Haha the banners broker story is unbelievable, you just never know whats going to come next

Mate has sent me this info on the TalkingBS forum. Direct quotes from Iain Sherriff, they have 'shut down' the forum due to too many complaints/ misunderstandings / negativity about the recent changes

Talkingbb is in danger of self destruct

My free time is very precious to me and I have spent too much of it in the forum to see that happen. Frankly I am shocked to see people who normally come over a sensible failing to read between the (admitedly VERY blurry) lines at this time.
Some forum members are sitting back and waiting, realising that there must be missing information or clarifications yet to come becasue it is clear that what we know so far (of the traffic ratio changes) DO NOT MAKE SENSE.
Some forum members are running around like headless chickens blindly accepting the missinformation that is being fed to them.
Some forum members are just feeding the rest seemingly without any thought behind what they are saying.

When I woke this morning and started reading I quicly reached the point where I have had enough so I have turned all of the forum, apart from the Sunset Lounge, into read only.
To be frank I will be surprised if we don't just ditch the vast majority of the forum when we reopen. Too much of it is counterproductive.

We have said many times
THIS IS A HELP FORUM

No one is being helped by the volume of speculative interpretations the are being formed at the moment and the forum is starting to do real damage to BB and your own businesses.

TalkingBB staff will now urgently try to get clarification on ALL present operational confusions and we will not reopen the forum for discussion until we KNOW what the actuall position is.

I do not feel good doing this but know it is the best alternative at this time.

I want there to be no doubt why I have done this.......................

We ALL deserve accurate information from BB.
BB deserve some repsect and patience from us.
BUT
The way recent changes have been announced has stretched our patience beyond what is reasonable. We all have businesses that need accurate timely information to be run sucesfully......................being blunt, we are not getting that.

I have not shut the forum to stop you complianing or to stop you sayign "whatever".
I have shut it because "you" are damaging the forum and BB and your own businesses by the combined misinformation that discussion here is generating.
The forum will not reopen for posting until the forum staff have ben given clear confirmed information.

With that in mind I want you to PM me with specific points that you want clarifying. I don't want essays to read so be brief and to the point. I will complie a list to have ready when contact is made.
« Last Edit: Today at 06:04:36 PM by iainsherriff »

Basically the affiliates are up in arms over the new rules that heavily restrict their account.

Well, well. I have stumbled across another BB Facebook site - apologies if anyone already knows about it, but it's new to me - called Banners Broker World. And here is a recent entry on same site (posted 27th February):-

Why Is There Not “Another” Banners Broker?

There are 3 main reasons why many online companies fail to deliver:

The maths don’t add up. If it’s a ponzi scheme (which means that you are being paid out based on the input of new members), it will eventually always fail; that’s a fact. BB is not a ponzi scheme.

Needs to work for everybody. People who don’t have any online marketing experience or their own website need to be able to do it. When a child can do it, everybody can. Anyone can do Banners Broker because you only need to be able to click the mouse.

Longevity. In order to be a stable company, you need to be compliant with the law and have a long-term business plan. Banners Broker has that of course. Successfully operating in over 170 countries around the world.
Wonderful!

The biggest advantage about Banners Broker is that you don’t need to get in quick and you won’t see dropouts (at least, the people who understand it and want to learn more won’t drop out)

How The Hell Is Banners Broker Able To Pay Everyone Twice The Amount They Have Spent Over And Over Again?

Banners Broker offers 2 products. The first product is banner impressions. With Banners Broker you can advertise any business you want or if you don’t have your own website, you can advertise your own free Banners Broker affiliate website. The second product is global ad inventory (visualized by the Banners Broker panels). Banners Broker rents banner space in a blind advertising network. BB operates on a blind network bidding system with which they purchase global ad inventory in bulk, then sell it to advertising networks which generates revenue for the Banners Broker affiliates. So as long as online advertising companies, like Google for instance, make money, Banners Broker will make money. The more the internet grows, the more money Banners Broker will make. So please internet: grow grow grow! Yahoo!
Tired Of Hearing People Say That Their Panels Aren’t Moving? This Is The Reason Why

The ad space that Banners Broker shares on its publisher sites is being shared by hundreds of affiliates at the same time. So on one day, you are earning the revenue on a certain ad space while the next day it’s another affiliate who’s earning the revenue that is being generated by that same ad space. Each panel has a time stamp. Banners Broker ensures you that you will receive traffic on your panels at least once every 5 days. The speed of the panels is based on the historical time that a panel needs to reach its traffic cap. Simply put: the computer monitors the panels and makes sure that every Banners Broker affiliate earns the same revenue, over and over again. And guess what? That’s the reason why all of the Banners Broker affiliates make profit. There are no exceptions.

So the Banners Broker sales engine works on a proprietary algorithm and all the revenue that’s being paid out to the affiliates is coming from advertisers outside the program. What a wonderful feeling when you can finally share a program that’s the total opposite of a pyramid scheme like a J.O.B. Banners Broker totally innovates the way online business works and therefore the management is continuously working on improving the company. Improvement means that new features will be added on a continuous base. Version 2.9 will start to focus on multiple income streams to ensure the longevity and growth of this amazing company. It’s no secret that Banners Broker is modelling itself to Google with as main goal to become an internet marketing giant. If you want your business to grow, you need to innovate.

More than 20 independent contractors are helping Banners Broker International in assisting the affiliates worldwide. It’s thanks to those amazing people who are tirelessly working behind the scenes that Banners Broker is growing into an online phenomenon. We tend to forget that it’s not all about software, computers and money, but mostly about the people who are making this happen. Banners Broker has now, after being in business for over 2 years, approximately 350,000 active affiliates and paid out over 100 million dollars in commissions. The next Banners Broker convention will be Niagra Falls, Canada around mid July

It is the page of an affiliate, not an "official" BB page, but isn't it the case that BB always approve what is being put out? So presumably they have approved the above, including the claim that BB is modellling itself on Google and has paid out over $100million in commissions? Not forgetting that they pay everyone twice the amount, "over and over again"?

Helpfully, they have also posted this, the implication being that the whole building is their HQ (as opposed to, most probably, a letter box):-

SP 7th March 13.jpg

There you are.

If it’s a ponzi scheme (which means that you are being paid out based on the input of new members), it will eventually always fail; that’s a fact. BB is not a ponzi scheme.

So it really, really looks like a Ponzi, but it isn't.

this is taken from Della Cate's post yesterday of Raj's webinar. Am I just slow and only getting this now or did that article about BB initiated by Paul Scoplin earn him income in BB under the 'write articles' statement?

INCENTIVE TRAFFIC - no referring needed. but it is not passive.
Write blogs
example - write 36 blogs, you would earn enough to qualify a blue panel.
This is not alot of writing. Is it worth spending one hour or a few hours a day to earn traffic? Yes.

Are we going to be unindated with blogs written here there and everywhere? Is this one of Stern's tactics of fighting them on the forums?

Originally Posted by Papaponzi

so with a yes or a no answer do you thing banners brokers is a scam?

Yes, Yes, and again Yes.