Thread: Banners Broker HYIP ponzi scam

Originally Posted by Tomas

personally i`d say longer they are down better for them, no payments made, no support tickets, all stolen money frozen... no worries at all
then hosting provider/cleaner will/is to be blamed and new affiliates are very welcome of course...IF it will be up again!

and any affiliate who complains will have their account closed. Good old BB; you can always expect something twisted from them.

Any news on 1. India
2. The theft that Terry mentioned.
3. Whether the hypnotist is lettin bb have his booking.
4.sightings of invisible unicorns, or (less likely) an audit report from someone trusted?

Originally Posted by Della Cate

BB in the Irish press (again)

Investment firm assures clients after setback | Irish Examiner

Mr Ryan wins the prize for the most mentions of the the words "Banners Broker" and "investment" in the same article

Originally Posted by Brenda

Registration Services - Whois

checked that phone number, it's one of those local phone rate numbers. No sign of a Matthew Lynn anywhere on the net ?? Plucked from the air name??

The name could actually be "Lynn Matthew", the way one may write "Smith, Chris". Slightly OT, but that's usually how you can spot an email from a Nigerian scammer, as the invariably sign themselves something like "Stern David", or "Stepsys Simon"....

Originally Posted by Della Cate

Stumbled across this, but I do not think it is real. I don't know why I don't think it is real......but I just don't.

See what you think:

http://www.facebook.com/chris.smith.bb

And the reason I don't is this, that I found on BB Network FB page just now. Pages and pages of BB stuff across t'intenet, but this is the first time I have seen a comment alledgedly from C Smith Esquire. It seems to me to relate to an earlier statement an affiliate made about CS pushing a button on his phone and "panels capping everywhere". Well, see what you think......but I think it is someone 'aving a laff.

Sorry it is a cut n paste. I do have a screenshot but am still unable to post them here since the DDOS attack. Not a problem. I can assure you that the CS comment was accompanied by a photo of said person which I recognise, but that means nothing in the scheme of things. Still, I thought I'd throw it into the mix!

they are not a new business
Wednesday at 07:15 · Like
Martin Codack Read what it says - this is out of BB's control, it happens all the time when the hosting provider goes down.
Wednesday at 07:33 · Like · 2
John Garvey It is probably an issue linked in the fantastic growth BB is having. I for one am very happy with BB and I for one understand that IT issues are the most common and do come about when things change with growth. I ran a financial services business for the North of England which was very well established, but when we had to change our back office to cope with growth, it nearly floored us for weeks! Some people will criticise before they understand?
Wednesday at 09:58 · Like · 5
Anisha Khan Thanks for the update...
Wednesday at 10:45 via mobile · Like · 1
Chris Smith Hey everyone, Rajiv and I had a little legal problem and my phone was confiscated so the engine is down. Don't worry, IT is on it. We are here for the long haul!
Wednesday at 12:48 · Like · 2
Alison Mackenzie thanks for keeping us informed
Wednesday at 13:07 · Like
John O Mahony i hope so chris keep up the good work .... outside of making money bb has given me alot tanx bb
Wednesday at 13:59 · Like

Chris Smith Hey everyone, Rajiv and I had a little legal problem and my phone was confiscated so the engine is down. Don't worry, IT is on it. We are here for the long haul!

That reference to the Dave Osman quote from Portugal (where, if you remember, Smith pressed a button on his phone and panels were "capping all over the place") made me think that this "Chris Smith" is from here, which makes it even more hilarious that the apologisti are thanking him....

I received a message last night from a lady on Facebook who believes I don't have any proof that Banners Broker is Ponzi.

The conversation kind of went like this:
pink unicorn.jpg

Then she said: That's a really poor analogy and you know it!

I differ in opinion!

Jason

Well, BB site still down it would appear.

Jason you are wrong. Invisible unicorns are green. The pink ones have been hunted to extinction by the tooth fairy and chris smith.

Originally Posted by Poyol

I received a message last night from a lady on Facebook who believes I don't have any proof that Banners Broker is Ponzi.

The conversation kind of went like this:
pink unicorn.jpg

Then she said: That's a really poor analogy and you know it!

I differ in opinion!

Jason

Originally Posted by Dreamstealer

Jason you are wrong. Invisible unicorns are green. The pink ones have been hunted to extinction by the tooth fairy and chris smith.

admin, please delete my reference to Smith as he doesnt exist. Leave in unicorns and fairies as they might.

Originally Posted by AshKen1

Well, BB site still down it would appear.

Some of the usual suspect Banners Broker fanboi sites and blogs are now saying Monday.

Originally Posted by littleroundman

Some of the usual suspect Banners Broker fanboi sites and blogs are now saying Monday.

There you go, I can say Monday as well, but doesn't mean BB website will be back up then.

For those people who are watching here, please, do you really believe that a multi-million pound industry firm would have this much trouble with their websites in this day and age?????

Credibility - zero

Originally Posted by AshKen1

There you go, I can say Monday as well, but doesn't mean BB website will be back up then.

For those people who are watching here, please, do you really believe that a multi-million pound industry firm would have this much trouble with their websites in this day and age?????

Credibility - zero

It's not THAT difficult!

The 48h they "needed" for moving the site is over tonight. I think the timing was well chosen. I don't think any investigating authority will (would) get active before Monday so that gives them more time to pack their bags.

Originally Posted by Poyol

It's not THAT difficult!

It is if nobody will touch you with a bargepole 'cos the authorities are breathing down your neck

Over in Finch's site, "Jane" has posted that "the rumour is that the SEC have gone in".

SEC = Securities and Exchange Commission in the USA?

I just posted this at MMG as a reply to why the BB site is still down:

We all are having the same issue and for 2 days now. Now we are hearing BB could be down until Monday! Apparently you have not seen or read the latest excuses from BB.

First, they claimed the server host was down, which is most likely not true. Now they say they are changing host providers and servers. The provider they were using was among the cheapest available and the new one is in the same price range. But BB is a professional company.

A good friend of mine is a programmer and runs his own VPS business. Each time I tell him about BB's down time, he just laughs. He finds it especially ironic that Chris Smith claims to be an IT genius. My friend has NEVER heard of him in any IT circles.

By the way, my friend's service has about 99% UP time and he is by no means a "multi-million dollar company".

He says if BB were legitimate they would have had a whole bank or cloud of servers a LONG time ago. What a joke.

Mark

Originally Posted by Della Cate

Over in Finch's site, "Jane" has posted that "the rumour is that the SEC have gone in".

SEC = Securities and Exchange Commission in the USA?

That's right, Della.
The Canadian equivalent is CSA.

Jason

Originally Posted by Della Cate

Over in Finch's site, "Jane" has posted that "the rumour is that the SEC have gone in".

SEC = Securities and Exchange Commission in the USA?

This is a distinct possibility. If the SEC is working with their equivalent in Canada, there may be a court order to shut down the site pending further investigation. This is what happened with Zeek, although it was easier for the SEC since Zeek was in the US.

Mark

Originally Posted by Dreamstealer

3. Whether the hypnotist is lettin bb have his booking.

I think it is possible that they could run at the same time in different banquet rooms. I just wanted to point out the irony that a hypnotist will be there at the same time as BB. Go figure.

Originally Posted by marsh56

This is a distinct possibility. If the SEC is working with their equivalent in Canada, there may be a court order to shut down the site pending further investigation. This is what happened with Zeek, although it was easier for the SEC since Zeek was in the US.

Mark

I am looking through court orders as we speak.
Would be US SEC v Host would it not?

Jason

Originally Posted by NikSam

Or maybe other way around , they are looking for untrusted one

Since BB is headquartered in Belize any auditor they would get is one in Belize. Guaranteed it wouldn't be a licensed auditing firm such as Price Waterhouse or any other auditor legitimate businesses use. More than likely what they will do is have their local accounting firm in Belize issue a statement saying they have audited the books and find the company is in compliance with all laws in the countries they operate in. Since they operate in Belize only, all business done outside of Belize is done by companies such as Stellar, etc., and not by BB it is easy to say it is a legitimate company since:
"Belize does not disclose its banking or fiscal information under any information-exchange agreements to any foreign parties on grounds of suspected tax evasion. Client confidentiality is robustly enshrined in the Belizean corporate and business legislation. In terms of potential risk of information disclosure to foreign governments (including US!), Belize is arguably the most secure and confidential offshore jurisdiction."

Have look through all misc court order from 2013 and cannot see anything to do with United States v HOST or SEC v HOST/Banners Broker.

Can someone else take a look to make sure I'm not missing something.

Jason

Originally Posted by Poyol

I am looking through court orders as we speak.
Would be US SEC v Host would it not?

Jason

The OSC (Ontario Securities Commission) cannot shut down a site (like BB) that is hosted outside of Canada. They could shut down Stellar Points except Stellar's website doesn't mention Banners Broker anywhere on its website. They claim they are a consulting company offering sales training, coaching and website services. No clients are mentioned.

Industry Canada can't do anything either since BB is not a company registered or operating in Canada. Raj learned from his previous scam, ICF, not to operate out of Canada.

Looking forward to the scaminar later today.

[QUOTE=Ken Roklin;49729]Since BB is headquartered in Belize any auditor they would get is one in Belize. Guaranteed it wouldn't be a licensed auditing firm such as Price Waterhouse or any other auditor legitimate businesses use. More than likely what they will do is have their local accounting firm in Belize issue a statement saying they have audited the books and find the compancompliance with all laws in the countries they operate in."[/QUOTE
Sadly you are right this is what they will try. BUT THERE IS NOTHING STOPPING A LONDON COMPANY DOING THIS AUDIT. If BB claim there is they are lying. I have audited financials from a foreign juridiction because investors didnt trust the locals. When pressed Terry stern couldn't even say what audit regime (eg isa) the audit was under.