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Imarketslive - Banners Broker redux ?
Readers may have noticed many of the Banners Broker faithful have moved on from BB and are now promoting IML (imarketslive) so it's probably a good time to take a quick look at the latest "next big thing" HYIP ponzi fraud
Here we have the main imarketslive website
The imarketslive compensation plan which, rather than being a legitimate "compensation plan" explains exactly why imarketslive is a hybrid pyramid / ponzi scheme
By emphasizing their "recruit, recruit, recruit" focus, imarketslive are virtually thumbing their collective noses at the authorities in pursuit of the scammed dollar
A quick list of the "clues" imarketslive is nothing more than the next in a seemingly endless stream of such get-rich-quick schemes:
On the "usual suspect" HYIP ponzi fraud forums ?
Talkgold:
MMG:
Attracted large numbers of Banners Broker pimps:
Check out this rogues gallery of imarketslive promoting Banners Broker faithful:
Had its' MLM aspect analysed by MLM industry reviewer, Oz of BehindMLM:
The conclusion: Behind MLM imarketslive review
Conclusion
Originally Posted by
Oz
]I don’t really know where to begin with iMarketsLive. With no retailable products or services, affiliates being charged monthly membership fees and a compensation plan that pays out on the recruitment new affiliates, iMarketsLive from an MLM perspective functions as a pyramid scheme.
Affiliates join the company, pay their $247 a month and are then paid 8% of affiliate fees paid by affiliates recruited by themselves, their upline or their downline.
What this is attached to is irrelevant, as it is the payment of monthly membership fees that generates revenue for the company to pay commissions with.
The fact that iMarketsLive have attached this to a stock market advice service and “buy and sell signals”?
Here’s how iMarketsLive envisage their Live Trading Room will work:
That’s the affiliates at the bottom of the picture, being told what to buy by iMarketsLive’s “expert traders” up the top.
Within the Live Trading Room, you will obtain the following benefits:
-Watch Chris and his team of moderators time the markets using time-tested
techniques that will be well-explained to you and other traders in the room.
-Get detailed explanations of the thought-process behind each and every
single trade that is placed. We provide guidance through each trade as
well as an explanation after the completion of a trade.
There is always a technical reason why we trade!
-Watch how each trade is setup in real-time with exact entries/exits, stops, and targets.
-Daily reviews of each trading day, with recaps of the days trading events
and our game plan for the next day. We never exaggerate results.
-Look over the shoulders of our Expert Traders and see exactly what
they are doing each day to win in the markets.
Originally Posted by
Oz
The idea being you sit back, get told what to trade in, follow iMarketsLive’s “expert trader” advice and make bajillions of dollars.
Hell, the SEC are probably on their way to arrest you just for reading about iMarketsLive in this review…
Undoubtedly there will be more to follow as the IMARKETSLIVE pimps and shills do their job and more and more victims are created.
Last edited by littleroundman; 01-06-2014 at 09:43 PM.
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
It is also reported that the big winners in Profitable Sunrise are also in this before the BB pimps joined. Which makes me believe they are now out of it.
As it stands right now, Chris is the only trader. His other two jumped ship and he is hiring a new trader, or as the story goes from Chris. Since he not doing the trading for anyone who joins, he does not have be registered and licensed with the CFTC. The only product is their trade signal service. The live trading room is the bait/sizzle, but the trade signal service is their bread and butter. Only problem is that their trades were losing money, thus the new direction and probably why the other two traders are no longer involved. It will be interesting to see just who is the new trader and what experience and expertise this trader has that can make money with the trades.
Going to be a lot of crying soon if Chris cannot get a trader that can make money for all the "affiliates." Of course Chris conveniently forgot to mention that for you to make any real money you have to invest at least $5,000; and yes this is on top of your monthly fee at whatever level you are silly enough to purchase.
EagleOne
Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Mark Stokes' Banners Broker page
Mark Stokes IML-UK page
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
Wow! Where can I buy that impressive looking book?
Screen Shot 2014-01-07 at 10.06.31.jpg
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Re: Imarketslive - Banners Broker redux ?
Originally Posted by
Joe_Shmoe
Err, let's just say, when you are dealing with Mark Stokes in ANY capacity, what you get and what you THINK you're getting are two completely different things.
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
You'd think if someone was going to publish a downloadable sales pitch disguised as a book, a couple of the things they'd be guaranteed to get right is the so called "authors" name and not mix singular and plural when discussing the authors' history
Ah, well, this IS the HYIP ponzi "industry" we're talking about, after all
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
Talk about deja-vu all over again.
More Banners Broker refugees pimping imarketslive:
Lorenzo Guarini on the imarketslive page on Facebook
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Tom Halberts' Banners Broker promoting tomhalbert1 profile on LinkedIn
Tom Halberts' imarketslive promoting page on PureLeverage.com
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
BARGAIN !!Two ponzis for the price of one from Joanne Barrett
Last edited by littleroundman; 01-10-2014 at 09:49 AM.
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
That was quick Joannes' scam promotion video ( Joanne went for a double hit message, Banners Broker & iLM) has already been removed.
I watched it, flagged it as hopefully some of the other 111 viewers did, Five minutes I later returned to make a comment & POOF it's gone. Good one YouTube.
Screen Shot 2014-01-10 at 12.12.53.jpg
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Mark Ghobril or MarkG, the singers' name may change, but the song remains the same
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Brian Monahans' brimonuk / UK Networker website
Brian Monahans' BrianMonahan.UKNetworker page on Facebook
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Jeremy Bligh does Banners Broker on YouTube
Jeremy Bligh does imarketslive on YouTube
The man himself:
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
It's contagious, I'm tellin' ya
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
wow LRM, you've had a long day! Great work on yet another rogues gallery! Thanks for all your imput, hopefully anyone doing a bit of due diligence will see these scam artists for what they are !
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Dave Menzies.com
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: Imarketslive - Banners Broker redux ?
If you want to play HYIP ponzi games, at least try and remember what your mother told you:
"Fool me once, shame on you. Fool me twice, shame on ME"
Stephen Hales profile on IdolBin
Stephen Hales on UK Dream Team weekly iMarkets Live Hangout
The only thing necessary for the triumph of evil is for good men to do nothing
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