Thread: Banners Broker HYIP ponzi scam

Here is an interesting statistical argument that I came across with respect to herbalife when I looked up "vertical skiop marketing"
The story in itself is interesting


Vertical Skip Marketing is marketing Herbalife
in relation to Stepsys' latest scam scrum ~ maybe I should be working on tongue twisters ?
http://www.realscam.com/f8/serial-su...829/#post64011

but I will apply it to BB.

Why Herbalife Doesn't Work - Selling Herbalife

Maybe you are wondering, "if it is impossible to succeed, how can there be more than 300 success stories on the herbalife website?"

Now I don't see 300 stories about BB I think less than about 100 ( and less than ten who could prove they are a millionaire in fact maybe four or five including Kul who was kicked out) but lets be generous and give BB a 4500% markup on that to make the figures easier. Let us assume 450 people have made a "success of BB" and not even made a million just made even 100k.

Now BB claim to have 450 thousand affilliates. So even though we know there are not that many nor did they make that much if anything. even though it is highly overestimated and unsupported by a factor of maybe 100 to 1000 that

... the 450 people who claim to be "successful" represent one in a thousand BB affiliates

That's only the people who claim to be successful and a huge overestimate at that!

Put it this way if I asked you to come to a packed football stadium ( say 50,0000 seats) and that people there were going to make money from my idea and I asked you to pay $10 ( 500k p0er stadium) for the opportunity and I filled the stadium ten times in a row ( $5 million taken in now from 500.000 "affiliates" @ only $10 each we know people in BB paid thousands ) with people willing to do this and after that I produced 450 people from all of them some making 30k and some making 100k and some ( notably me) making a million would you be impressed at my "business"?

I mean if I take in 5 million, pay ten people 100,000; twenty 50k; and 400 5k I still have a million left over for myself an have paid 431 people.

But with BB only one or two will get 50k and hundreds might get $500 or $100 leaving a few more million for me to invest in a Gym for example.

Originally Posted by Beacon

... the 450 people who claim to be "successful" represent one in a thousand BB affiliates

Even the ones who appear successful may be full of crap. Who is to say that Simon or a SimonWannabee was not paid a few bucks for a list of pigeons and to point and pose in a few photos? Didn't he assume similar poses with Empower? Just tossing that out there, but it seems unlikely that he keeps coming up aces.

One difference I see between Herbalife and Banners Broker (other than the whole publicly available financials thingy) is if you have a garage filled with $5000 of milkshakes and another $10K in motivational tapes you are unlikely to blog about what a winner you are. Unless you are trying to make it back by luring other hoarders, most people realize they were beat at that point. But with numbers on a screen everyone is a winner, I actually think many of these folks believe every word they are saying. Others, I am positive know better.

There are just so so many scams where the statements keep coming and people keep thinking they are getting the best of it, until one day the jig is up.

Jamie's at it again - He's been paid yet again to pimp BB on Talking BS forum.


Jamie Waters

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My thoughts
« on: December 10, 2013, 03:27:13 PM »

Quote

It's been quite some time since I posted properly in TBB as I have been working on other projects, but while I sit in Starbucks waiting for a client and catching up on chatter, I thought time to add my point of view. Apologies in advance for the length but it will probably be a long one.

Moderation

I've just seen a couple of posts noticing that there has been less moderation of late than before - this is deliberate. Deliberate for a couple of reasons. After some posts from people complaining of being unfairly moderated we as a team, wanted the wider TBB community to see what the mods have to do on a daily basis and hopefully appreciate the workload that goes in to keeping TBB a place that affiliates want to visit.

On that note, moderation always causes grievances. What some claim as open constructive criticism or discussion, others call negative shouting off for the sake of it. Negativity is like a virus, it breeds negativity and as soon as you have just the slightest bit inside you, it creeps round in your head, it grows and it changes you and your mindset.

I have always passionately said that we do not want TBB to be 'happy clappy' but on the flip side, I do not want it to continue on the negative downward spiral that it is slowly slipping towards. You attract how you act, and if you want bring a cloud of doom and gloom, go setup your own forum because you soon will not be welcome on TBB. I would hope is fair?

If you want to be critical in a post, please do, but also offer a realistic suggestion on how to fix what you are critical about, that's all we ask.

Banners Mobile

There is a huge either misunderstanding or miscommunication about Banners Mobile. Firstly it was announced on the leaders call about 3 months ago and the idea was to launch in October. Due to issues integrating Allied Wallet it has been put back to last week. So time and focus hasn't been taken away from v3, they've pretty much been waiting to turn it on for a while. Is the timing ideal? Not really, but not for everyone. Don't forget that a large number of people have been paid this last month alone.. But the timing to launch BM would never be perfect.

As I saw a reply on the FB page along the lines of 'if BB concentrate on just paying people, when they've caught up and the industry has moved on so much BB are so far behind they can't catch up, then they wouldn't have a business'. Its hard to argue with the logic. You need to innovate and keep pace as well as honour existing commitments, and that they are. Not as fast as we would like, but they are trying.

Let's not forget the product of BM, mobile advertising. That's what you are getting if you purchase a package - do not just focus on the publisher income. That's why the reputation of BB got into the mess it did, because people push money over product.

And remember, BM is totally optional.

Running off on tangents at 100 mph

TBB is a breeding ground for tangents, we've seen so many of them over the last 2 years and one this week is a prime example - paying for subs out of the subscription wallet that can't be funded from the eWallet. Yes that's what the manual says, but the logic doesn't make sense - ie commit to 10k a month in traffic, but only be able to withdraw 1k (assuming payments were regular). It doesn't compute, obviously an issue. So we take it back and seek clarification and it is being looked at. No need to fly off the handle, common sense will prevail, like it always does.

Reliance on BB

This is a big one for me, and one that greatly influences your paradigm of the current situation. Are you sat waiting for a payment to put food on the table, pay the rent (or even pay for a wedding I saw on the FB page)? If you are, you need to switch off your emotions for what I'm about to say - you need to look at the fundamentals of business, and life. Firstly, you never spend more than you can afford to lose. Secondly, a sale is never a sale until you get paid. And thirdly, you never put all your eggs in one basket.

Now, please do not take what I'm saying out of context - I'm not preparing you for BB going anywhere, I have no insider information - what I say as a leader, is common sense.

To be in the position where you are not anxious of any payments because you have worked hard positioned yourself to have multiple cheques coming in is simply logical. Any company no matter how new or old, can change their compensation plan overnight or encounter payment or legal difficulties. Look after number one.

The bloggers

I've seen loads of posts 'the bloggers are having a field day on this', can I ask... Who cares? I respect anyone for having the conviction to air their point of view on any subject but you have to remember, that's all it ever is. An opinion. I can honestly say I've not wasted my time looking in probably 18 months.

Jim Rohn covers this excellently in this video - "while you are off chasing the birds, you are not sowing the seeds"

The future

So what does the future hold for BB? For me, The best way to TRY and predict the future is to study the past. What's happened this year?

Loss of MC
Hacking of accounts
Widespread fraud and fake panels
Abuse of the ability to go overdrawn (on a mass, mass scale)
'Run on the bank' when MC pulled the plug
And that's what we know about publicly, no doubt they've had other issues, chargebacks and legal issues to deal with.

What have we got?

Regular ish payments (yes, not to everyone, but they have been going out we just didn't have the communication to tell us)
Stable platform (ish), yes we've had 502s and fnf errors but on the whole panels move and complete.
Regular webinars keeping us informed
New v3 platform which brings improved stability and efficiency

So after all Chris and BB have endured, they are still here, still working hard to catch up and working hard for BBs future. You might not personally agree with everything they've ever done, no one ever will in business, but it's hard to ignore the fact that 99% of flaky companies would have long since gone by now with the number of opportunities BB have had. If you were Chris, would you have stuck around this year?

I don't think I would have.

Summary

Firstly, sorry for the long post and thanks for sticking to the end. The way I see it, the future for BB has never been brighter. I can't wait to get to grips with the BM advertising as I would expect being an early adopter will count for a lot in terms of advertising traffic.

Let the dust settle over Christmas and see 2014 with v3, renewed optimism and opportunity. Or, write BB off and walk away, but either way - I wish you well in your decision and the next part of your journey.

Jamie

Ps, I would respectfully ask that you do not repost this message (or any other material from TBB) outside of TBB. If you want others to have our information, please make sure they register an account... Thanks :)

Sent from my iPad using Tapatalk HD
« Last Edit: December 17, 2013, 03:12:27 PM by Jamie Waters »
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Originally Posted by Jamie Scamstar;

The bloggers

I've seen loads of posts 'the bloggers are having a field day on this', can I ask... Who cares? I respect anyone for having the conviction to air their point of view on any subject but you have to remember, that's all it ever is. An opinion.
Jamie

Uh, the "BLOGGERS" are the only people who have been almost 100% right about this sham. I found this site about a year ago, and they were spot on then, and spot on now. Anyone in doubt should go back to page 1 of this thread, ask yourself seriously "were the bloggers right"? Heard about "Finch" and took a stroll over there, spot on then, spot on now. If you have not read his write up on BB, would say a year later it is a must read. Remember about falling out of bed laughing when someone found out Chris Smith was a Stock Photo, and a white one at that. OPINION is only meaningless if it comes from an idiot. Other than that just about everything we do in life is based on an opinion called intuition.

A year later, people have a very big luxury, they can go back see who was more accurate, the "bloggers" or the "sunshine up your ass blowers"!!

Originally Posted by Jamie Scamstar;

Ps, I would respectfully ask that you do not repost this message (or any other material from TBB) outside of TBB. If you want others to have our information, please make sure they register an account... Thanks :)

What is the big secret that needs to be hidden at this point? The people who buy this load of guano, will believe ANYTHING they are told. It is like asking a 19 year old what he wants Santa to bring for XMAS.

There's a real storm brewing up as many of loyal affiliates are questioning whether:


1) There's enough money to pay everyone
2) It is a game and not a business
3) Questioning Jamie's gamble theory
4) If they'd ever get paid! !!


I'd bet Jamie you didn't tell people you signed up that it was a gamble at time you took cash from them and sold them fake panels? !

Meanwhile Roland is making £60k a month but knows he can't touch it!!!

What's really, really sad for long time watchers of the HYIP ponzi fraud scene is the fact this is what happens at the end of every big "next-big-thing" HYIP

EXACTLY the same questions,

EXACTLY the same answers from the pimps and shills.

EXACTLY the same answers

1) There's enough money to pay everyone NO, obviously not

2) It is a game and not a business YEP, always was

3) Questioning Jamie's gamble theory Refer to the "HYIP Ponzi Shills Handbook" Chapter One, subsection ii, paragraph i "AFTER the collapse, tell the victims it's their fault because 1) Life is a gamble 2) Never invest what you can't afford to lose 3) Businesses go broke every day

4) If they'd ever get paid! !!You're kidding me, aren't you ?? Imagine the uproar if their bank held their money for over 12 months

Originally Posted by CitizenKhan

There's a real storm brewing up as many of loyal affiliates are questioning whether:


1) There's enough money to pay everyone
2) It is a game and not a business
3) Questioning Jamie's gamble theory
4) If they'd ever get paid! !!


I'd bet Jamie you didn't tell people you signed up that it was a gamble at time you took cash from them and sold them fake panels? !

Meanwhile Roland is making £60k a month but knows he can't touch it!!!

They are taking the saying 'cash cow' to a whole new level:
talking bb cows.JPGtalking bb cow2.JPG

Originally Posted by Joe_Shmoe

I see Jamie deleted his $3.6m Tweet
I didn't
Attachment 1617

This will look plain silly one day

Like pulling an old A-Team VHS tape off the shelves, took a trip down memory lane and found this. Would have to say that day has arrived.

Originally Posted by CitizenKhan

There's a real storm brewing up as many of loyal affiliates are questioning whether

:1) There's enough money to pay everyone

The above is enough for any affiliate who was brought in under Jamie Waters to take him to small claims court. Let him prove in court that he made that money, paid tax on that money, the money actually came from advertising panels and not from luring a bunch of lambs to the slaughter.

I love spouting off on the web as much as the next guy, and at some perverse level I am fascinated with how gullible some people are. But, there should come a point where these folks actually start realizing what a mess Jamie, et. al. has caused for them and take the action necessary to bring the truth to the surface.

From World eWallets website, The 'C' word..

compliance.JPG

Jamie is based in Huddersfield and probably still lives with mum and dad!

As for C word. Raj Dickshit loved it. He used to give speeches about Know Your Customer KYC.

In name of compliance we need your ID details so that Raj and Hooker could scam you again?

Who owns new payment processor and do they know they are involved in a ponzi scheme? ?

Jamie happy Xmas. Hope you have plenty of county court orders landing on door mat next year! !!

Obviously World eWallet (is the e short for empty?) will have a similar page to this on their website.

https://www.paypal-media.com/executives Can somebody link to it please as I cannot find it?

However I can find this page that for some reason only became live today. World eWallet - Fees - Global eWallet Solution

I wonder if World eWallet have any corporate customers other than Banners Broker?

BannersMobile - a mere snip at $375! I must rush out and get..... none

Sent from: Banners Mobile (promo@mail124.us4.mandrillapp.com) on behalf of Banners Mobile (promo@bannersmobile.com)

Happy Christmas, one and all.

Originally Posted by Joe_Shmoe

Obviously World eWallet (is the e short for empty?) will have a similar page to this on their website.

https://www.paypal-media.com/executives Can somebody link to it please as I cannot find it?

However I can find this page that for some reason only became live today. World eWallet - Fees - Global eWallet Solution

I wonder if World eWallet have any corporate customers other than Banners Broker?

Ah...you mean this page Joe lol?
wew bandwidth.JPG

Yes it's a pretty pathetic situation isn't.

Typical Banners Broker. How many months has Chris had to sort out this particular part of his scam? True genius.

I would like to ask why is a Caribbean (St. Lucia) "payment processor" being hosted in New Zealand?

103.14.43.60

Seem to be hosted by a company called Snap. Is that a little strange?

photo 1.jpg
photo 2.jpg

This weeks scaminar

Offshore registration of World eWallet Inc. (IBC) in St.Lucia:

ewallet_reg.jpg


PS: yeah, sure , send all scans of your passports to another anonymous Liberty Reserve wannabe site which nobody even knows who is behind it.
PPS: Guess what Top Level Domain (TLD) for Barbados ? - .BB :)

http://secure.worldewallet.com
Runs on Nexor script, https://www.nexorone.com/

All neighbor IPs at that hosting are also Nexor crap.

haha, it is Offshore bank (scams) heaven

World eWallet is not registered with US FinCEN which was already obvious.
but they are also not registered as MSB with Canada's FinTRAC - while BB claims it is legal in Canada.

In any other related country i thought of searching, does not look like they have a single license or authorization or MSB registration.

Here's yesterday's webinar from Rockin' Ronnie.....

Ron Anderson:

Welcome everyone. We have some great news to share today. We will have a new promotion. You will be receiving an email. We will be Giving away smart phones, iPads, plus, millions of impressions - this is for those who have purchased a panel in BannersMobile.

Giving away impressions for every 5 people who register (30,000 each)

You do need to purchase an orange panel in BannersMobile. Everyone is already registered with your BB email and password. Go there, purchase package and you will be entered to win lots of prizes.

Chris Smith speaking:

Thanks, Ron. Thank you all for coming on the call. I see you are already in action. I have some exciting announcements.

I'm going to let you know where we are with our new payment gateway. I'm happy to announce that you will be able to start the process of registration. It will not be until January launch when they will accept w/d requests.

Announcing today - World eWallet, as our new provider. We have been in talks with them for many months. We have done all the back end paperwork, all the communications, all the agreements are in place. It is not just an eWallet - it's more of a front end of a banking platform. There's a huge difference. This is higher up, dealing directly with international banks in transferring money, etcetera.

This is one of the components on the road to recovery on the payout issue. Let me make this crystal clear, this does not mean that everyone will get paid on day one. I don't want to over-excite, but I want to make you aware that this is the step to getting us back on track.

One thing that I need to mention, unfortunately, World eWallet is NOT available for USA residents at this time. The US is getting very complicated to be able to service US citizens and do business in the USA, and World eWallet is working on that in the coming months. STP will remain as the only for USA.

STP and Payza will continue to be options for everyone in addition to World eWallet.

Money is sent from BB to World eWallet, then you send to your bank. Yes, WeW does work for India :)

Questions:

Do we need to register right away? yes, you can begin registering today. This is different from our system, so since WeW is a separate entity, you do have to upload your ID documents when you register for WeW. At this point the documents do not have to be notarized.

Go to World eWallet - Payment and Money Transfer Solutions to register.

When is the STP payout? We are wrapping that up now, and our plan is to complete that before Christmas.

WeW excluded countries - there is a list of banned countries that cannot use WeW for global issues, war related, etc. You can find those on the website.

When will V3 go live? the schedule that we have is that we decided to wait until after the holidays. We were ready to go, but decided to wait until the New Year. We will have a timeline for the blackout period for doing the migration from V2.9 to V3.

During the blackout we will do the drawing for the Tesla car. We will do this live on a webinar. We will have several webinars during the blackout to talk about V3.

There are some changes in BB v3, but the changes are going to make BB more sound. There are some elements in BB that made it seem passive in the past, but we have corrected these issues. There will be ways to earn traffic other than exclusively buying TP's. you will be required to do work to earn income.

Please keep in mind that we have a lot going on. We have our holiday Promo going on for BannersMobile. Be a part of BannersMobile and the mobile industry. We are moving forward to include you guys as part of the advertising channel from the advertising industry in the mobile area and share those revenues with you.

Questions:

World eWallet is headquartered in St. Lucia.

We will go over all these questions and include them in the FAQ. We cannot answer them all. Hopefully we have answered the important ones. I really appreciate your time here. A shout out to Belize and our people there who are doing a great job.

Lots going on, guys, so please see the holiday schedule, which will coincide with support. We also will post the webinar times for the holidays. Christmas is in 5 days - Merry Christmas and Happy Holidays. We are closing out this year with BB. We are proud to be here and good times are around the corner, guys!!

(end of webinar)
(please see the video replay for full details, as there was alot of info)
(summary notes prepared by Linda Lane and are not official BB transcripts, please include this part when you repost)

I really cannot believe that this load of old cr*p is still going....I have been on this site for a year now, and I honestly thought that BB would be toast by now.

And if anyone uploads their ID to an unknown "payment processor", they want their head testing. And even so, Smiffy cannot guarantee people will be paid...!

No info on World eWallet | LinkedIn either. A Self employed Payment Processor?


World eWallet LinkedIn.jpg

Here is the FB page for "World Ewallet"

https://www.facebook.com/worldewallet?ref=profile

A page created in late August 2013, with very few posts, the majority of which date from 19th December 2013.

So, a long established company, hmmm?

It's clear to any with an IQ in the double digits that worldewallet is nothing more than a company started by BB.

A member a few months ago was banned on TalkingBB for bringing up how BB claimed they easily made more than double the initial "purchased panels fee" that affiliates were buying, when this person questioned how they could be suffering "money liquidity issues" he was banned, he has told me the reason given was "Masked 1P" - clearly a made up reason - no 3 strikes, no warning etc...just a swift ban and a deleting of his post.

I'm more worried that BB has my a scanned copy of my driving license "I also gave them some fake documentation which they happily accepted which has details contrary to the drivers license!" - anybody able to provide me info as to what to do in regards to my ID?

Originally Posted by Joe_Shmoe

Seem to be hosted by a company called Snap. Is that a little strange?

not really. when members complain about not being paid, they turn around and say "Oh SNAP!"

[QUOTE=Joe_Shmoe;64113]Yes it's a pretty pathetic situation isn't.

Typical Banners Broker. How many months has Chris had to sort out this particular part of his scam? True genius.

I would like to ask why is a Caribbean (St. Lucia) "payment processor" being hosted in New Zealand?

103.14.43.60

Seem to be hosted by a company called Snap. Is that a little strange?

I saw the server was based in nz when checked out scamadvisor site, will be phoning them first thing in the morning (monday here in nz)