Thread: Banners Broker HYIP ponzi scam

Originally Posted by ICCBernd

Banners Broker's newest dirty trick to suck more money in:

Attachment 3357

This being the competition that was launched in Manchester Bolton, which is in the UK, one of the markets where Mercedes don't actually sell the GLK....

Originally Posted by wakeupandsmelltheroses

hi all

sorry if you have already seen this:

Mastercard withdraws prepaid card services from web ads broker | Irish Examiner


now for the british press to pull there socks up and start investigating

The investment vehicle Banners Broker has told its 15,000 subscribers that Mastercard has withdrawn its services because it no longer wants to be associated with the company.

The what has told its how many subscribers??

Originally Posted by wakeupandsmelltheroses

hi all

sorry if you have already seen this:

Mastercard withdraws prepaid card services from web ads broker | Irish Examiner


now for the british press to pull there socks up and start investigating

Maybe the british press will pick THIS up...
Banners broker pyamid scheme

Originally Posted by HARRISON

Maybe the british press will pick THIS up...
Banners broker pyamid scheme

ThisIsMoney forum

Of course, you can expect the usual "it's the victims' fault for being greedy" replies from the HYIP ponzi apologists in response to stories like this one.

Lets pretend for a second that Banners Broken was a legit broker as they have claimed since changing from being a straightline cycler doubler. What on earth does a broker business model have to do with getting tens of thousands of affiliates writing articles just for the sake of writing articles?

It's just so far-fetched, it's hard to comprehend how the ignorant die-hards (as oppose to the knowing die-hards) can't see it for what it is - an attempt to slow down panels as no one will use this method and will have to rely on recruiting.

Forget the fact that BB will have massive amounts of articles to check for compliance.
Forget the fact that Universities struggle and pay big money to check for plagiarism, let alone BB trying.
Forget the fact that the vast majority of BB affiliates obviously have English as a 2nd language.
Forget the fact that the vast majority of BB affiliates have no where to post these articles - oh, the Choice network... How convenient.

Forget all that, what the heck does it have to do with being a broker? The traffic these articles would generate would be inconsequential in the extreme.

---------------------------
So anyhow, if we play along with this mad scheme - I've yet to sight any technical detail on how this is supposed to work.

You write an article, is it meant to contain your referral link and/or mention of BB?
Do you post the article, then get it checked? Or do you have to make a draft, then submit it along with a URL of where you'll publish it?
Are there restrictions on where the article can be posted? Or will it be restricted to the Choice network?
How is the traffic it generates going to be monitored (if its not the Choice network)?
How will BB stop people from editing the article after its been approved? Will they be regularly checking all articles?

Originally Posted by Papaponzi

Regards Donald Kernan (a trip down memory lane)

This might be a repost but I just saw that the bb thread on MMG was very first started by kernan himself. back in october 2010

I remember he came on here and did some drive by posting whilst denying he was a big player, but I think he knows more than he lets on.

Has anyone else crossed paths with him lately?

So do I. His envisaged social media platform had resemblances to the failed Promo121 of Banners Broker too.

Banners Broker HYIP ponzi scam - Page 264

Banners Broker HYIP ponzi scam - Page 265

Banners Broker HYIP ponzi scam - Page 265

Originally Posted by Hypanor

It's just so far-fetched, it's hard to comprehend how the ignorant die-hards (as oppose to the knowing die-hards) can't see it for what it is -

It this stage of a dying HYIP ponzi fraud, it makes little difference if members do or don't "comprehend"

They have no choice.

"Believe" and they stand to gain (or lose) as much as if they DON'T believe.

Can somebody please point the blind me where BB says that you must or required to do those articles?
All i see is referring others or pay fee for the traffic packs.

NikSam - 10% of panels after April 1st have to be qualified NOT using traffic packs.

"BB tour updates

The presentations today were again excellent and Raj did most of the presenting today. The theme of the whole event was About BB'a longevity.

The main announcements from today were

1. to make a withdrawal you must take in to account your monthly commitment first and the difference betweent that and you balance is all you can withdraw. Same applies to transfer of panels and packages to direct referrals. Account must have enough funds to cover monthly commitments

2. You will only be able to quality a certain % of panels with traffic pack traffic before you have to qualify a certain % with traffic from the other traffic banks (organic, sales or incentive). Details yet to be worked out. Watch out or more details."

Heh, all of it starting on April 1st, which might be a bit after THE END.
Details not worked out yet. In any case, not sure what organic means but sales (referring) - sure way easier than articles (incentive)

Still we do not have a definite statement from BB it is required to do any articles.
I would be careful to state such thing here, so nobody says we are bunch of liars.

Originally Posted by Flibberty Gibbet

From MMG post #7445 today. Bold is from Guardianuno, quotes from Affiliates (one or two of which may have a bit of difficulty getting approval from the "Acceptable Blog Dept"). Give me strength. Lambs to the slaughter.

Banners Broker - bannersbroker.com

--------------------------------------------------------------
Lets have our afternoon round of facepalming ...

"John - i dont understand y the people not in bb r so p....d off with them can ye not find somting else to complain about and for the people in bb that r compainin shame on u if u lose ur money its because ur complainin use ur fn head and promote the buisness"

"Andrea - I have never read so many negative comments. Its people like you that cause a business to close down. Using your time and energy posting and reading negative comments is not going to help you or bb. If their were more positive comments it would be easier for bb to deal with their. problems. Too all you negs out there read the book called the secret believe me you will all think diffetently. So please if you want longevity with bb and to earn lots of money please think of what your posting"

"Glenn - no it is NOT the beginning of the end. In business, things change constantly....those who refuse to adapt will get left behind & probably fail...those who embrace change & continuously adapt will prosper. FACT! Get used to it."

"Rui - same here ....make money more and more every day...to be honest i find this facebook page intretaining ...i dindt no they wse so many crazy people in this world..peter(aka finch boldy),tara,captain hook and all the gang...you guys ar funny people..love you guys...long live bb. my advices to all bb affiliate dont waist time to this people...bussiness is going well you dont have to prove it to any body. have been in bb before any master card and i was still getting paid..made my money more then a few times....( haters gonna hate)...."

I hope anyone who is vocally supporting BB and refuses to make people aware of the drastic problems, people who are recruiting, the ones who refuse to acknowledge there are serious problems, lose everything. It's really getting into the realms of mentally ill and just plain pathetic. Everyone just got screwed by BB out of 6 weeks of card payments and they don't even realize it ... and they have to wait 1/2/3 months for the next payment through STP due to the millions owed in the backlog to October.

By the way, what is more plausible, MC dropped BB because we (a handful of people) put factual problems out there or they see hundreds of BB members running around using flashy inflated figures, bragging about tax avoidance, investing, 150 - 20000 ect these people outnumber we the critical thinkers by 100 - 1.

Which do you think made made enough screw ups to worry MC, causing doubt and questions to "what the bloody hell are they exactly doing or supposed to be doing over there" and caused them to drop BB ...

-----------------------------------------

Ref the frequently-levelled BB criticism of anti-bb threads just cutting and pasting posts between forums - yes, hands up, guilty, for the purposes of information sharing....but then we all understand the principles of recycling/cycling, don't we?

And thank you to the good supporters of BB for proving my point that yep, err I mean yes, your emm I mean you're all goosed. Don't think text speak, pigeon english and the rest will cut it when it comes to moving those panels. I do despair, in their defense, were any of the affiliates given an english exam to qualify for membership? That said, if you want to be that 'blind' to the facts, perhaps the 'blind' network is right up you're street

No one is saying it is a forced requirement, it is a convoluted method they have devised to stop people using traffic packs. No more passive business.
You write, or you recruit for 10% of your income, which has nothing to do with being a 'broker'. Organic traffic has NEVER worked.

Mark Longman makes no attempts to hide he is no longer interested in this particular scam, and is moving on to his next one to scam more people.
Mark Longman's scammer facebook page

BOT.jpg

Originally Posted by littleroundman

It this stage of a dying HYIP ponzi fraud, it makes little difference if members do or don't "comprehend"

They have no choice.

"Believe" and they stand to gain (or lose) as much as if they DON'T believe.

whereas I agree 100% I think they also need to APPEAR to believe for the sake of their downlines. I can see them all practicing their 'quelle surprise' faces as we type !

Originally Posted by Brenda

whereas I agree 100% I think they also need to APPEAR to believe for the sake of their downlines. I can see them all practicing their 'quelle surprise' faces as we type !

HeHe,

perhaps from now on we all need to specify if we're talking about "shills" or "pimps" or "cheerleaders" or "true believers" or "HYIP ponzi players" or "trapped victims who HAVE woken up but can't do a bloody thing about it"

Originally Posted by Hypanor

Mark Longman makes no attempts to hide he is no longer interested in this particular scam, and is moving on to his next one to scam more people.
Mark Longman's scammer facebook page

BOT.jpg

'NEW BANNERS BROKER PROGRAMME TO HIT THE MARKET'

...not exactly the BEST sales patter is it?

Originally Posted by NikSam

Can somebody please point the blind me where BB says that you must or required to do those articles?
All i see is referring others or pay fee for the traffic packs.

Hello NikSam - here is an extract from the 6th March webinar posted on the BB Iceland site. I think it is Raj Dixit speaking:-

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.

And then again on 10th March:-

7. The Incentive Traffic article approval process starts on Monday March 11, 2013. For those of you who have been submitting blogs within the guidelines will start to see Incentive Traffic for your efforts.

A couple of pages back (well, maybe more than a couple) someone posted the guidelines for would-be bloggers. Hope this helps!

This has recently appeared on the BB Iceland site. Some of it duplicates what has been said before, but the link to Vector is new I think. Haven't tried it yet to see if it works mind you!

Good evening everyone!!

Here are some FAQ's that Vector has put together for affiliates wondering about the BB card service being no longer available. The link to the website is Vector Card Services

Posted on the forum:

Login

Hello Everyone,

It seems that there are a large number of people wondering why panel movement isn't working as it should, well let us explain.

As our hard working IT team diligently works to make our website better in v2.9 and building toward v3.0 it requires that certain features of the site be placed on hold. The ability to visualize panel movement is one of those features. There is no need to be alarmed however. The software is still actively recording panel traffic, and once the work on the site is at a level where the panel movement can be switched back on, you'll see your panels as they're supposed to be. This is an unfortunate circumstance, but a necessary one in order to ensure the stability of the site.

As you've no doubt noticed, the site itself has been experiencing some downtime as our IT team works on the back end of the website. This is temporary, but can't be helped. There is nothing wrong with the site or your panels, it's an unfortunate by-product of working on the site to make it more stable.

With regards to the BB Card and payments....

We are currently assessing other payment options, and we're doing so cautiously but quickly. It's our intent to put in place a solution that addresses the needs of as many affiliates as we are able. We have received all of your email with other options, and we thank you for those submissions, however, we ask that you grant us your patience as we move quickly to put new options in place.

Payments are currently proceeding through STP and Payza during this transition. Please be aware that payments are currently limited to $2,500 per request, at one per week, up-to $10,000 maximum. We are pressing forward with processing as many as we can as fast as we can, so please be patient. If you have any concerns, please contact support and they'll address them for you.

Once again, we sincerely appreciate the patience and understanding you've put forth. We understand your frustrations, and are actively working to solve all situations as rapidly as we are able.

The company is strong and moving ahead. Your support and enthusiasm is greatly appreciated.

Thank You.
The Banners Broker International Team

Bold is mine. Once again, be PATIENT chaps!

Ah, the link to the Vector site does work, and here is what it says:-

Welcome to our online Banners Broker Frequently Asked Questions

Q1: Why has the BB card program been shut down?

A1: MasterCard has exercised its right to terminate the Banners Broker Prepaid MasterCard Program, due to the potential brand risk to them.

Q2: What happens to the money currently on my card?

A2: You will have until Friday, March 22, 2013 to remove the funds from your BB card. Please withdraw via ATM/POS.

Q3: What happens to my money after March 22, 2013? Who do I contact?

A3: Please contact Banners Brokers with all your inquiries after the set dates.

Q4: Who do I follow up with regarding my dispute form?

A4: Please contact Vector Card Services at fraud@vectorcardservices.com.

Q5: My card is blocked?

A5: Please contact Vector Card Services via email to unblock your card.

Q6: My card was lost/stolen. I did not yet receive my new card?

A6: A new card will not be re-issued. If your previous card had a balance, please contact Vector Card Services if you do not receive your card and de-load it prior to March 22nd.

Q7: I have pending transactions that will not be cleared until after March 22, 2013. How do I withdraw those funds?

A7: If you have a pending transaction for a purchase that didn’t go through, please provide a confirmation from the merchant on their letterhead in order to release the funds prior to March 22nd.

Q8: I am missing PAID card loads from Banners Broker. How will I get those funds?

A8: If the status of your load is paid; however, the funds were not received, please provide Vector with the liquidation ID and the withdrawal date in order for us to investigate.

Q9: I want to withdraw all of my money in one day; can you increase my daily limit?

A9: There will be no change to daily limit.

Hi folks, just so you all know my panels all updated last night after 7 days of non-movement. Thousands of dollars of panels updated by, wait for it, $30. So that's just over $4 per day for all my panels. I have an active campaign.

Unfortunately my monthly subscriptions to them are around $10 a day. So I'm paying them to earn them money lol!

Q4: Who do I follow up with regarding my dispute form?

A4: Please contact Vector Card Services at fraud@vectorcardservices.com.

Seriously?

If you have a dispute, you usually are directed to customer services. Why to fraud email address? (pot, kettle, black)

BB website error 502 again.

I know watching paint dry is more exciting, but is anyone monitoring how many days the website is having downtime?

From the latest 'waffle and crap' seminar/brainwashing session:

I want to quit

That's fine - cancel your Traffic Pack commitments, set all panels to 50% and gradually cash out. Don't ask me advice how to do that, because (in my option) it is a short sighted, nee-jerk reaction and ultimately will be the wrong decision when the ship has been steadied. As with any business, you made a 'big boy' decision to join BB and you had your initial plan. Stick to your plan.

The first person who actually CLOSES there account and gets ALL there money back PLEASE post proof here....! Oh and 'nee-jerk' best you be learning better English than that or you won't get your BLOGS passed!

Hi all just signed up today.. Below is something i posted on The Facebook page 'Banners Broker Ponzi Scam':

Just got off the phone to Barclay's to pursue a charge back claim for the money i deposited into Banners Broker. Had some good and bad news.. The good news was that the two lots of payments i deposited into Allied Wallet in December 2012 could be processed for a charge back claim.. The bad news is the initial deposit i made in August 2012 could not. This is due to the 120 day claim back period through Visa. They are issuing documents to my home address that i need to sign and send back within 10 days. They also asked me to compile as much evidence as i can about the company to help my case. The gentleman that i spoke to on the phone at Barclay's was very helpful and said i was doing the right thing by pursuing this now instead of waiting till the company goes into administration. I am urging anyone that's reading this who has put money into Banners Broker and has seen no return like me to get in contact with your banks fraud department as well as contacting trading standards asap. The quicker this scam is closed down the better!

I am going to be compiling evidence over the next couple of days to help towards my case. If anyone else is looking to put in a charge back claim through their bank and wants to join forces to compile evidence against Banners Brokers please contact me on here or Facebook.

Also i have noticed today after about a week of no panel movement that my account has updated and now displays a message saying that panel movement will not occur unless there is an active campaign.. Anyone else experiencing this?

I swear this company becomes more of a joke every day that passes.. Can't believe people still believe the **** that they feed them!

Originally Posted by AshKen1

BB website error 502 again.

I know watching paint dry is more exciting, but is anyone monitoring how many days the website is having downtime?

When I looked at bb homepage last night it was emblazoned with a whistle-stop tour of new events over the next two weeks in France, Germany, The Netherlands, Spain - can't remember where else. I clicked away to check something else but when I returned, the site was down. I could kick myself for not having taken a screenshot at the time. This morning the homepage was back but it no longer had the tour dates plastered all over it. The post-it link to forthcoming events took me nowhere, and then the whole things was down again.

They seem intent on trying to breathe new life into it, rather than melting away quietly as I had anticipated. Now this is purely conjecture on my part, but does anyone suppose that there might be another bb system being prepared within the old one? Might explain some of the recent maintenance. A happy place where new recruits can go, excitedly trying to sell blue panels to their friends and family in the hope of winning a merc (because all ad brokers operate like this, of course), a place where panels move frequently and blogs in English are not a requirement, safely firewalled away from the moany old bb, where some of the more disgruntled and increasingly desparate phase 1 affliates are forced to live. Just speculating.