Thread: Banners Broker HYIP ponzi scam

Originally Posted by Skyliner

World Consumer Alliance
Anyone else recognise these people, I've seen them so often I'm going to put them on my xmas card list!

As usual with these things stock photos you don't think these scum are that good looking do you?

Dream Team | Stock Photo | iStock

Originally Posted by noname999

From the mothership:

BB version 2.6

1) Traffic pack qualified panels will give 1/2 sales credit to inviter upon completion rather than full credit.
This means that anyone you have introduced who qualifies their panels using traffic packs you as the inviter, will only get half the sales credit. This is to encourage people to work with their teams to help them build their business and even help them with referring people

Currently if someone qualifies for example a yellow panel using their traffic pack you as the inviter get 2500 in credits. After upgrade to BB version 2.6 you will get 1250 (half)

In the future BB are bringing out an additional way to qualify panels alongside TPs

Any thoughts??

Why will anyone stick around for the 'upgrade'? That will be their closing. They will blame the software, then the 'programmer', but will be gone.

Is anyone got any delayed or failed withdrawals recently?

Originally Posted by spapa

There is a huge amount of money being poured in to this from Ireland at the moment. Does anyone know anything about that particular link. some people are understandably nervous ar the main promoter has set up limited company to protect himself when everything collapses

Paul McCarthy is the name that pops up over and over in relation to BB in Ireland.
I think the public Ltd company is called: Maconne Online Marketing
The address for this company is Regus, City Gate, Mahon, Cork, Ireland. This probably won't be much use to you though as this is a virtual office(surprise, surprise)Virtual Offices & Virtual Office Services - Regus Republic of Ireland
The phone number listed is: 00353212409283
Here is a phone number for him(think its a mobile): 0860539573. This probably won't be much good when BB goes pop as he will probably dump it.
If you look at the BB homepage for Ireland, I have been told that is Paul giving the speech. But that is to be confirmed.

Originally Posted by buckyuk

Is anyone got any delayed or failed withdrawals recently?

Yes. There have been. Are you finding the same issue?

Here are my thoughts for the day, before I go back to my real profession, making real money, employing real people doing real work.

a. This "upgrade" nonsense to version 2.6. The drones inside BB are so conditioned to the food pellet dispenser they can't see what is going on. Here's a quiz for you guys: See if you can list out all of the events that happened over the last 8 weeks that systemically slow down the realization of "profits", and therefore the eligibility of withdrawals.

b. Notice that the BB leadership never talks about the advertising business. Never, ever. You don't hear about new partnerships with ad networks, improvements to organic traffic sources, reporting enhancements -- never. All you ever hear about are "tweaks" they make to the reward system. And every single one is designed to keep money inside the cycler, longer.

c. These recent reports of people getting paid - great! You will notice that they are dribbling out payments of <$1,000 to various members, which gives great press. There are still a ton of people who are completely stuck with zero payments, or waiting indefinitely for larger payments.

I firmly believe that the vast majority of the most active affiliates know exactly what they are in, and have to keep the happy clappy group hug going just to try to keep this thing going as long as possible. Furthermore, if the brains at BB are successful in pulling this off (slowing down payments and at the same time balls to the wall on new memberships) -- they will squeeze more life out of this cash cycler, guaranteed. It could go on for several more months, easily. Remember the people actually running this thing are not stupid.

Some of the drones now trying to sell off their panels at 25% of cost. Last week it was 80% of cost. 69% drop in a week. People waking up??

Happens at or near the end of all of the larger HYIPs.

Shills, pimps and HYIP ponzi regulars having one last stab at ripping off the enthusiastic newbie amateurs.

And there still are some newbie amateurs to be had....

Originally Posted by Joe_Shmoe

As usual with these things stock photos you don't think these scum are that good looking do you?

Dream Team | Stock Photo | iStock

I'm just surprised that they would use the same picture as another business of the same model!
Lazy, I guess that sums it up

Originally Posted by Skyliner

I'm just surprised that they would use the same picture as another business of the same model!
Lazy, I guess that sums it up

They can use me for a picture, if they want.
I'll be expecting to be paid 5 digits though!

Discount of 75% ???...shortly the panels will be scam inside the scam..what a "business"

Originally Posted by Mundorf

Discount of 75% ???...shortly the panels will be scam inside the scam..what a "business"

Shortly you won't be able to give Banners Broker panels away.

Originally Posted by Mundorf

Discount of 75% ???...shortly the panels will be scam inside the scam..what a "business"

It already is. The 'panels' are worthless.

Yes that is Paul McCarthy on the BB video presentation.

1) Traffic pack qualified panels will give 1/2 sales credit to inviter upon completion rather than full credit.
This means that anyone you have introduced who qualifies their panels using traffic packs you as the inviter, will only get half the sales credit. This is to encourage people to work with their teams to help them build their business and even help them with referring people

Banners Broker starting to pull back, if you get half the traffic = you get less money for = you need to tell your downline to get more panels and qualify them so you can get more traffic to qualify your panels, that's what they are doing. more money in the system less money/traffic (that's the same because traffic packs cost money and you get traffic free if someone from your downline qualifys a panel) for the people. let's see what will happen in xmas..

Originally Posted by Euroskeptic

Yes that is Paul McCarthy on the BB video presentation.

Can I ask how you know? You can PM me if you don't want to say here.

Originally Posted by noname999

Can I ask how you know? You can PM me if you don't want to say here.

Ringo, John, and George are in the background?

Originally Posted by Whip

Ringo, John, and George are in the background?

Originally Posted by Alkibone

This turned up in my AOL spam box earlier. I don't know the writer, and have no connection to BB except for posting on forums like this one.


Hi,

My name is Joseph McDevitt.

I am a Banners Broker affiliate reaching out to fellow affiliates.

In the wake of what happened recently over at ZeekRewards and with all of the
scrutiny that the penny auctions and programs like Banners Broker are
subsequently receiving, there are many BB leaders and affiliates that see the
writing on the wall and are doing something about it.

What they are doing is setting up another plan of action, a plan B so to speak.

I encourage you to do the same. I know that Banners Broker has been taking
measures to avoid ending up like ZeekRewards, but it's always a good idea to
have a plan B.

I want to share something with you that I came across recently. It's a post that
was done by a well recognized MLM affiliate advocate. I am sharing this with you
not to scare you, but because it's just the reality of what the penny auctions,
and programs like BB are facing in light of the recent debacle at ZeekRewards.

See the post here: Mlm Company Review | MLM Help Desk

If you would like to protect yourself and your future and take a look at the
program that myself and many of our Banners Broker colleagues are getting
involved in as a plan B, I invite you to attend an upcoming webinar. I must say
that since I became involved in this program I can certainly see why so many BB
folks are getting involved.
(This company has already been through the scrutiny by the federal regulators
and the SEC!)

If you would like to attend an upcoming webinar simply reply to this e-mail with
the word "YES" and I will send you the link to register.

As I said I'm not trying to scare anyone or cause any kind of fear, I am simply
reaching out to my fellow BB affiliates and my fellow Network Marketing
colleagues.

Regards,
Joseph McDevitt

unsubscribe:
http://bizbooster.info/jm1/unsub.php...4b302ab0ff7945

641 Grecken Green Peachtree City, Georgia 30269

Okay folks, this is what's just landed in my inbox:

Hi there,

The company you will be introduced to on the webinar is called DubLi Network.
This live webinar presentation will be hosted by Dean Mannheimer the Global
Master Distributor of DubLi.

I have the great fortune to be aligned with Dean and we working closely together and
are building a large team of highly motivated individuals in this truly "Gamechanging"
program!

What DubLi has done is taken the successes of companies such as, Google,


Amazon, EBay, and ITunes and combined them under one roof. They have
everything tweeked just right and this company is the next "Gamechanger"!






DubLi will be a household name just like those companies I mentioned above.




You truly are in the right place at the right time!

As I said DubLi has already gone through the scrutiny from the federal regulators
and the SEC, so there's nothing to worry about in that regard.


Below is the link to register for the webinar.


Wednesday Oct. 17, 2012 9:30 P.M. Eastern 6:30 P.M. Pacific
https://www2.gotomeeting.com/register/593090210



I look forward to having you attend the webinar and helping you every step of the
way in getting started in this truly gamechanging opportunity!

Regards,

Joseph McDevitt

Originally Posted by Alkibone

Okay folks, this is what's just landed in my inbox:

Hi there,

The company you will be introduced to on the webinar is called DubLi Network.
This live webinar presentation will be hosted by Dean Mannheimer the Global
Master Distributor of DubLi.

Somebody called Marylyn Martin AKA Marylyn Ali tried to launch that in a Facebook group called Adlanders in Facebook. "Scratchycat" has just commented on Marylyn's latest promotion in one of the RS threads. I hardly had any dealings with Marylyn when she was a very influental member of Scamlandpro but I think LORM knew her quite well. I don't remember Marylyn promoting any particular scams but I found her positive thinking attitudes and that wretched brainwashing e-book or something called "The Secret" posts which she made, extremely irritating.

"scratchy" knows more about Marylyn's efforts to get Dubli off the ground a couple of months or so ago than I do.

Originally Posted by Alkibone

Okay folks, this is what's just landed in my inbox:

Hi there,

The company you will be introduced to on the webinar is called DubLi Network.
This live webinar presentation will be hosted by Dean Mannheimer the Global
Master Distributor of DubLi.

I have the great fortune to be aligned with Dean and we working closely together and
are building a large team of highly motivated individuals in this truly "Gamechanging"
program!

What DubLi has done is taken the successes of companies such as, Google,


Amazon, EBay, and ITunes and combined them under one roof. They have
everything tweeked just right and this company is the next "Gamechanger"!






DubLi will be a household name just like those companies I mentioned above.




You truly are in the right place at the right time!

As I said DubLi has already gone through the scrutiny from the federal regulators
and the SEC, so there's nothing to worry about in that regard.


Below is the link to register for the webinar.


Wednesday Oct. 17, 2012 9:30 P.M. Eastern 6:30 P.M. Pacific
https://www2.gotomeeting.com/register/593090210



I look forward to having you attend the webinar and helping you every step of the
way in getting started in this truly gamechanging opportunity!

Regards,

Joseph McDevitt

Yeah...good luck with that scam that's already failed in numerous countries.
Read the google cache here:
(Correction) GroobLi is not registered in Delaware » The Truth @ The Spin Factor

The Truth @ The Spin Factor
Atomizing the truth (An academic journal).

home
About
iSpin Report Now!

(Correction) GroobLi is not registered in Delaware

GroobLi did register in Delaware in 2006, 3 months before they declared bankruptcy in Denmark.

(Thank you to John Roberts for the correction).

The following information is provided in most of GroobLi’s official sites; if not, it has been removed, as usual:

[Material removed due to copyright claims]

GroobLi claims to be the competition to eBay, but:

GroobLi uses a pyramid model and sells gambling tokens called “GroobLi credits”.
GroobLi doesn’t even register when you compare traffic analysis.
GroobLi gets .026% the number of visits that eBay gets; to put it another way, if you add up all the traffic they each get, eBay gets 99.97% of all that traffic.
What competition? The two organizations have completely different markets.

GroobLi’s business model is absurd:

They sell gambling tokens at $.80 with which you can reduce the price of an item by $.25 in one of 3 different games.

In game #1, you can bet a token to see a price. If you bet at the right time, the price may be low enough that you can buy it at a decent price.

In game #2, you can bet a token to reduce the price. If you bet at the right time you win a price. But you still have to claim it.

In game #3, you can spread your tokens to cover different price ranges; in other words, you are betting that your token will be unique and that it will also be the lowest unique token placed as a bet, in competition with all the other gamblers. (But this game can end without a winner, so you can’t reclaim your gambling tokens).

Because the gambling tokens are priced at $.80, you are actually lowering the price by $.20, and not $.25, in games #1 and #3.

In other words, if you exercise your option of buying an item in games #1 and #3, you pay 125% of the marked price.

GroobLi’s Revenue:

The price for Express Auctions (Game #1) rarely gets lowered beyond 10%, except when the item is marked-up.
Basic economic theory shows that the items will be bought at market value if there are enough gamblers.

Groobli makes 4 dollars on every dollar discounted.

If a $400 item goes down to $315 and is purchased (Game #1), Groobli makes $75 * 4 = $300, and they come up 100 dollars short, because they have to pay for the item they “gave away”.

Groobli only makes money on Game #1 if they set the starting price above 75% of the market value.

On Game #2, Zero Auction, the entire item gets discounted, so GroobLi makes 3 times the starting price of the item, and uses the 4th part to pay for the item.

On Game #3, Lowest-Unique, there is no limit to how much GroobLi can earn, because there is no guarantee that a gambler will be lucky enough to place a token at the lowest-unique price.

Looking at GroobLi’s own site, it is apparent that most of the bets are placed on Game #1.

There are 6 completed Zero Auctions, totaling 1680 dollars. Since GroobLi covers the entire price (or less, if the item depreciates before it is won), GroobLi makes
($1680 * 4) – $1680 = 1680 * 3 = $5580.

GroobLi has made approximately $5580 on both Games #1 and #2. (Since their U.S. “launch” in October 6th)

As for Game #3, it is difficult to estimate how much GroobLi makes. If we assume that the strategy always involves placing your tokens at low prices then the distribution pattern will resemble the area under the curve of a multiplicative inverse function, or the integral of 1/x which is ln(x).

But we have to take the number of tokens each gambler is willing to spend, and the number of gamblers into account.

To do that, we simply find the discounted price for each item that has been won, and that indicates the limit of the curve.

The total price for all discounted items won in game #3 is $582.

The least amount of money made from game #3 has to be $582*4 = $2328.

But there is one more calculation that can approximate the number of gamblers and the real profit in game #3.

The people winning items are (1) GroobLi promoters, (2) winning multiple times.

Out of 72 prices,

tproia 4
lindapc 3
robbrandimickey 3
wcowles 3
Entrepreneur 2
Funlovers 2
Gteam2max 2
mvmeach 2
papajeanne 2
ron27 2

22 prices or (35%) have been won by the same 10 people. (At least 2 who claimed to be GroobLi associates).

The actual number of prices won per winning gambler should be around 1, especially if GroobLi is as big as it claims to be. If these numbers are strictly due to chance, and represent the general GroobLi shopping population, the population would equal 57 shoppers in the United States.

So Game #3 has brought in between $2328 and (based on the amount spent in the zero auction), $6000.

If these updated estimates are correct, GroobLi has made between $8,500 and $12,000 on the 3 games in 1 month. That’s enough to pay the five top executives a monthly salary of $2,400. But that wouldn’t leave any money for the promoters.

If there are 57 promoters, they’ve paid $85,500 for licensing packages (an average advertising package cost of 1,500).

So, in one month, Groobli’s revenue is 3% gambling, and 97% licensing packages.

How can GroobLi sustain itself? Easy. They are “launching” again in China.

Internet Gambling Laws:

The majority of DubLli promoters live in the State of California. It is illegal to run gambling operations without a State license there, and in many U.S. States.

This is why GroobLi operates in the UK, and Germany and Denmark.

GroobLi incest:

The only people winning items on their gambling site are their promoters, which means they have few customers, or the promoters are spending more money on gambling than their customers.

Bottom Line:

GroobLi is a de facto pyramid scheme based on their revenue model. The only people winning items on their gambling site are their promoters, and their promoters actually pay GroobLi for the right to advertise GroobLi.

Article without the comments in on the end.
It has been noted that many of the 'winning' auctions are by the same people or another account by the same person.

Can we get back on topic guys. Thread is losing focus.

Banners Broker - anyone got inside TalkingBB screenshots? Jason