Thread: Banners Broker HYIP ponzi scam

For those who might not have seen it yet.

One of our old friends is making the headlines again with his new scam, his "nightmare" old scam gets a mention also.

Is FlexKom REALLY 'the future of business' or just another hopeless 'get rich quick' scheme? - Andrew Penman - Mirror Online

Originally Posted by NikSam

Ok, RCMP can act if you were robbed at gunpoint. But if you yourself in clear mind sent money to someone and it is promoted not as any investment, not as for some goods or services, but rather business, so you joined some business which screwed you, RCMP can do nothing about that, only advise you to go to court.
Or complain to a regulator who oversees that type of activity. And they can offer you to file a police report, which will be immediately thrown somewhere in warehouse and forgotten. Let assume RCMP get thousands of those victims, well they will probably start annoying a regulator themselves or go to prosecutor to figure out what to do.




You absolutely wrong. crime conducted regardless if victims come forward or not and the duty of a regulator (or law enforcement if the crime falls in their bounds) to detect and investigate crime in their sphere of activity.
In this picture a regulator acts as complainer/victim/plaintiff
Inactivity and Incompetence of your regulators might be affecting your perception of what they are for.



Ken, i know for a fact that they would do anything but not their duties, have personal experiences how RCMP and AMF were totally ignorant and delayed the case for years, hopefully will actually act on it in near future, even that it might be late now.
In past , had same experience as well. And know for a fact that Canada gave a refuge status to several people from Russia even after evidence of their criminal activity was produced.



Canada Business Corporations Act (amended in 2011) - Canada Business Corporations Act



Go deeper, British, or British Common pirates law :)
The problem is not after whom it is modeled as if the people in charge perfoming their duties and how. UK and US in that perspective is something you should look up to.


PS: while UK and US fighting corporate secrecy onshore and offshore, Canada want to attract criminals (just as banana islands)
Global Witness welcomes UK.
Canada among top countries for anonymous shell companies | Financial Post
Ex-Revenue Canada lawyer advised how to hide money offshore - Canada - CBC News

And i do not have to explain you how US law enforcement and regulators hate state level offshores such as Delaware and Nevada and Utah states.

While whole world joining a war on offshores, Canada seems clueless or want to be an offshore.

I don't know where you reside but your arguments sound like the typical American where the US is and does everything better than any other country. Your arguments, if I wanted to take the time and effort are easily refuted and backed up with facts, but this is a Banners Broker thread so won't bother. We've taken up enough posts with the US vs Canada BS.

Originally Posted by NikSam

In this thread we are talking primary about BB scammers, did i say all scammers of the world are in canada ? what stupid about it? if you want to talk about Zeek or Madoff, there are other threads. or Monetize Group (if you really can show it exists and that it is somehow related to BB otherwise stop repeating people telling you unverified info).

You did say all scammers are in Canada.

Re the Monetize Group, theguardianuno did some research and came up with the following post in the MMG forum. Believe it or not.

theguardianuno
It is believed that the ponzi scheme was a $600M enterprise and the number of affected investors was 1 million when the SEC filed suit. This made Zeek Rewards the largest ponzi scheme in history by number of affected investors, even though numerous other ponzi schemes have had larger enterprise values.
've seen a few comments in various places about BBI, Chris Smith and Belize.

BBI is registered in IOM, it has directors which are provided by the formation company there, all directors are located within IOM. BBI cannot have directors in Belize and does not. As the directors and company are in IOM, they cannot have the Belize location tied to it under IOM regulations. They can have a parent company but not BBI itself, Chris is of course trying to use BBI itself in Belize which is neither legal and does not hold water.

Monetize Group Incorporated which is one of the companies behind Banners Broker International, is registered in Belize and has a director there. I think this is how they have an office but are using it for BBI rather than MGI which should be it's purpose. Chris Smith is the sole director of MGI.

Originally Posted by Joe_Shmoe

For those who might not have seen it yet.

One of our old friends is making the headlines again with his new scam, his "nightmare" old scam gets a mention also.

Is FlexKom REALLY 'the future of business' or just another hopeless 'get rich quick' scheme? - Andrew Penman - Mirror Online

Interesting that is his second mention on there as I reported him to the Mirror when I had my Banners Broker account locked.

Banners Broker accused of being Ponzi scheme - Investigations

Originally Posted by AshKen1

Seems the BB thread on MMG is also closed (but that could just be me misinterpreting stuff).

Not closed, just practicing some of the incongruity and hypocrisy for which the HYIP ponzi "industry" and forums are renowned.



So, it's permissible for the shills, pimps and promoters to post pix of their families and children online as part of a criminal conspiracy, but heaven forbid anyone should REPRODUCE the same pix in an effort to warn potential victims.

Originally Posted by littleroundman

Not closed, just practicing some of the incongruity and hypocrisy for which the HYIP ponzi "industry" and forums are renowned.



So, it's permissible for the shills, pimps and promoters to post pix of their families and children online as part of a criminal conspiracy, but heaven forbid anyone should REPRODUCE the same pix in an effort to warn potential victims.

I Agree 100%

The Scammers spend some of their loot on legal recourse.




and Cars....





and Gold Rings.....

Originally Posted by Ken Roklin

You did say all scammers are in Canada.

Re the Monetize Group, theguardianuno did some research and came up with the following post in the MMG forum. Believe it or not.

To clarify . It matters not whether it is in Canada, UK Belize, Mali or wherever or whether it is a company ( a legal person) or a real person.

WHAT MATTERS IS
1. Do legal persons ( living or real people) abide within the jurisdiction of that country?
2. Is there a law in that country pertaining to people operating frauds scams ponzis or whatever.
3. Are the legal entities in those countries in possession of money whether in their personal bank account the company account or otherwise or assets e.g. buildings property cars etc.

If Johnny bankrupt has no money then he isn't worth bothering with. If Monotize group or BBI dont actually have any money then forget them. If Stepsys is in the UK and not Canada then dont try to bring him to court in Canada. If Raj or Chris is in India dont try to bring him or BBI or Monotize to court in Belize ( unless say Monotize group happens to have 50 million dollars in Belize and you are freezing those assets).

Finally report the crime wherever you are and tell the authorities that there are investigations pending in several countries and leave them get on with the job. If you really believe the Mounties or Fraud or FBI are not doing their job then leave it for a year and sue them for miscarriage of justice or get a politician to raise it in parliament if you want. And dont say it wont happen because as you have already seen Stepsys was mentioned in Westminster. In fact I think the person who raised it might be happy to know about the current case.

http://www.dailymotion.com/video/x1b...vid-feb-9-2014

Justice is not blind....but....every society gets the kind of criminal it deserves. In the same time every community gets the kind of law enforcement it insists on....the law is there,what community wants to make out of it -is another thing.

Moving Forward From Banners Broker

"Banners Broker is done" says Chase Swift, he apologizes for the fact that "Banners Broker turned out to be such a dud"

Well wadayaknow?

He's moving onto a more ethical scam no doubt.

Serial sucker Felecia Tucker ain't very happy with Banners Broker.

"Don't sign up with Banners Broker" she says.

Although she is still with another scam called Empower Network.

How many times do these people need to be scammed before they learn?

Originally Posted by Fat City, LA

I had 1/2 dozen plus user names banned on MMG.
EVERYTIME it was for negative comment (really just saying it was a ponzi) vs someone who had an expansive banner on the site.
Each time it turned out be horrible ponzi, many lost $$$$$.

Eventually I had it out with the owner. She banned my IP.

I wanted to add. Posters I had words with on MMG. As soon as they sprung for lifetime MMG supporter=I'm banned.

Originally Posted by ribshaw

Ass Chaps Alan is up with a new video. I can't believe he can do these with a straight face, people have not been paid money they were OWED in over a year, and it is their fault.



Attachment 6948

"YouTube users have flagged this video as possibly a scam, spam, or commercially deceptive content"
Great Job!!!!!!!!!!!!!!!

Originally Posted by Joe_Shmoe

Moving Forward From Banners Broker

"Banners Broker is done" says Chase Swift, he apologizes for the fact that "Banners Broker turned out to be such a dud"

Well wadayaknow?

He's moving onto a more ethical scam no doubt.

Scum bag #2 in my book!

Originally Posted by Joe_Shmoe

Serial sucker Felecia Tucker ain't very happy with Banners Broker.

"Don't sign up with Banners Broker" she says.

Although she is still with another scam called Empower Network.

How many times do these people need to be scammed before they learn?

Scumbag number 3 here.

Originally Posted by Fat City, LA

"YouTube users have flagged this video as possibly a scam, spam, or commercially deceptive content"
Great Job!!!!!!!!!!!!!!!

And here is the scumbag number 1. I am sure there are others more deserving but for now in my book, this is a good start for scumbags!

WHAT?




Are you kidding me...

"Chris Smith.. The Honest Guy that He Is.. Did Not Think People Would Withdraw Money They Did Not Have"

WHAT?

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BB Jan 2014 Update
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banners broker is a ponzi

Originally Posted by Fat City, LA

"YouTube users have flagged this video as possibly a scam, spam, or commercially deceptive content"
Great Job!!!!!!!!!!!!!!!

It's still up.

Ive seen them taken down for copyright infri. or bullying, harassing, etc

Scam warning is best we can get for now.

Originally Posted by Fat City, LA

I wanted to add. Posters I had words with on MMG. As soon as they sprung for lifetime MMG supporter=I'm banned.

On the positive side
- Such actions and their outcomes add to the reputation of Realscam
- They detract from the reputation of MMG
- MMG eventually loses its appeal to mass markets and becomes a hangout for serial scammers which makes current scams easily to identify; all one need do is visit the back patting club of MMG and note what is current.

Originally Posted by Joe_Shmoe

Moving Forward From Banners Broker

"Banners Broker is done" says Chase Swift, he apologizes for the fact that "Banners Broker turned out to be such a dud"

Well wadayaknow?

He's moving onto a more ethical scam no doubt.

It seems that scams did not cost him only money but he got a stroke as well...so how many scams more he must go through to make his last move onto ...grave-yard ?

Originally Posted by Whip

It's still up.

As are all the scam promotion Linkedin Groups. And Linkedin are aware of the scam.

Apparently you cant "Report Group" anymore
http://help.linkedin.com/app/answers...id/1666/ft/eng

I guess you have to select "Feedback" and report them that way. Get busy reporting the BB promotion groups people because Linkedin will say they didn't have enough people complaining. I suppose based on that we can therefore blame the Gypsies Slavs and the Jews for not complaining early enough about the Holocaust? Linkedin and facebook have known about this scam for at least a year. It appears however that random people losing 10k does not matter to them. It is only when a corporate is in for millions in a case or when people get organised that the corporates seem to suddenly care. In that regard I agree with the sentiments expressed about other large concerns such as State "justice"institutions.

How short the memory of ponzi players seem.
I'm surprised at the amount of posters who entirely forget the BB rule of "no promoting other schemes" and "no involvement in other schemes while in BB"

At the moment message boards are awash with messages like "BB is still running but paying out slow so for the moment I'm recommending and putting my money in XYZ alternative HYIP..."
Not to mention the history of the same people promising definite continued payouts.
The internet may enable these frauds but it also enables a record of their broken promises and misdeeds as well as clearly depicting their serial involvement as they hop from scheme to scheme.