Thread: Banners Broker HYIP ponzi scam

All Ponzi's are lies. Everything about them is a lie. There is nothing truthful about them. It is stealing, and it makes no difference from what perspective you want to look at it. These are not real businesses. Their whole purpose is to steal as much money they can while pretending to be a real business and the illusion they are telling the truth.

There are players and promoters/pimps who have no conscious and could care less they are stealing as long as they get theirs; no matter what the cost to others.They lie just like the admins lie, and in some cases even more than the admin lies. Whatever it takes to make sure they get theirs they will do. The promoters and players are just as guilty as the admions who run these Ponzi's. They deserve to go to prison just like the admins do, and hopefully starting with Zeek that will begin to happen. For until it does, these will never go away. They need to know if you play you will pay.

The moment the Ken Russo's, Faith Sloans, Strosdegoz, Rayda Roundy, Sara Mattoon, Barb Alford, Laura Pont, Aaron-Shara, Barb McIntrye, Arnie Strom, Chad Foss, Brad Weinman, Terralynn Hoy, Todd Disner, Dwight Schweitzer, Robert Fava, Pastor Troy Winters, Clarence Busby, Nanci Jo Frazer, Frabi, racer, Blondie, and the list goes on and on are made to pay for their involvement, the sooner these Ponzi's will disappear.

Originally Posted by EagleOne

All Ponzi's are lies. Everything about them is a lie. There is nothing truthful about them. It is stealing, and it makes no difference from what perspective you want to look at it. These are not real businesses. Their whole purpose is to steal as much money they can while pretending to be a real business and the illusion they are telling the truth.

There are players and promoters/pimps who have no conscious and could care less they are stealing as long as they get theirs; no matter what the cost to others.They lie just like the admins lie, and in some cases even more than the admin lies. Whatever it takes to make sure they get theirs they will do. The promoters and players are just as guilty as the admions who run these Ponzi's. They deserve to go to prison just like the admins do, and hopefully starting with Zeek that will begin to happen. For until it does, these will never go away. They need to know if you play you will pay.

The moment the Ken Russo's, Faith Sloans, Strosdegoz, Rayda Roundy, Sara Mattoon, Barb Alford, Laura Pont, Aaron-Shara, Barb McIntrye, Arnie Strom, Chad Foss, Brad Weinman, Terralynn Hoy, Todd Disner, Dwight Schweitzer, Robert Fava, Pastor Troy Winters, Clarence Busby, Nanci Jo Frazer, Frabi, racer, Blondie, and the list goes on and on are made to pay for their involvement, the sooner these Ponzi's will disappear.

Excellent post and one that I agree with 1000%. I hope it happens soon, the sooner the better!

Originally Posted by EagleOne

The moment the Ken Russo's, Faith Sloans, Strosdegoz, Rayda Roundy, Sara Mattoon, Barb Alford, Laura Pont, Aaron-Shara, Barb McIntrye, Arnie Strom, Chad Foss, Brad Weinman, Terralynn Hoy, Todd Disner, Dwight Schweitzer, Robert Fava, Pastor Troy Winters, Clarence Busby, Nanci Jo Frazer, Frabi, racer, Blondie, and the list goes on and on are made to pay for their involvement, the sooner these Ponzi's will disappear.

You'd think that Chad Foss and the others would have learned a lesson after the CEP clawbacks.....
SEC v. Colon End Parenthesis Trust LLC

Originally Posted by okosh

You'd think that Chad Foss and the others would have learned a lesson after the CEP clawbacks.....
SEC v. Colon End Parenthesis Trust LLC

That's the rub. Chad did learn, and learned well. You see, Foss was a net winner of just shy of $46,000 but only had to pay back $20,000 on an initial investment of less than $500. So while the investors who were net losers got back I think about 3-5% of what they put in, Shad got to keep all of his investment and $26,000 profit. He didn't get slapped down, he just had to give up less than half his profit. Had he been a net loser, he would have gotten back $15-$25, but instead he got $26,000.


I like Bill Perkins, and at the time it was revolutionary for someone to go after the net winners for clawbacks, but letting them keep a single penny turned out to be a bad idea. All that it did was establish that if they fought the receiver, they end up keeping most of their stolen money.

I started a new post, but still on the same rant.

As I said, CEP was the first time I recall that the winners faced clawbacks. But look at the various settlements made. Dustin Fennel (who was the admin of another ponzi that collapsed and he folded his downlines into CEP) "made" $104,000 and only had to pay back $30,000. Dustin put NO MONEY of his own into the scheme, he just delivered the sheep from his own failed ponzi and in the end kept $74,000!
Marvin Bailey (who had accounts also for his wife and son) was in profit to $77,000 and paid back only $4,400 (no there is not a typo with a digit missing there) keeping 82% of his ill gotten profits.
Greg Ducket and wife Mary made $98,000 and got to keep $97,000 of it. That's just an outrage.

Go read the documents section of the CEP site, look for the 3 "proposed settlements" but I warn you, it might very well make you sick.

Originally Posted by Gregg

That's the rub. Chad did learn, and learned well. You see, Foss was a net winner of just shy of $46,000 but only had to pay back $20,000 on an initial investment of less than $500. So while the investors who were net losers got back I think about 3-5% of what they put in, Shad got to keep all of his investment and $26,000 profit. He didn't get slapped down, he just had to give up less than half his profit. Had he been a net loser, he would have gotten back $15-$25, but instead he got $26,000.


I like Bill Perkins, and at the time it was revolutionary for someone to go after the net winners for clawbacks, but letting them keep a single penny turned out to be a bad idea. All that it did was establish that if they fought the receiver, they end up keeping most of their stolen money.

With the Zeek receiver now going after the net winners one can only hope that he doesn't let them off one cent.....Hope he makes them sell their assets to pay back the lot.....

Originally Posted by okosh

With the Zeek receiver now going after the net winners one can only hope that he doesn't let them off one cent.....Hope he makes them sell their assets to pay back the lot.....

By the time they are done paying Ira Sorkin to defend themselves from clawbacks, there might not be anything left to go after.

Originally Posted by EagleOne

The moment the Ken Russo's, Faith Sloans, Strosdegoz, Rayda Roundy, Sara Mattoon, Barb Alford, Laura Pont, Aaron-Shara, Barb McIntrye, Arnie Strom, Chad Foss, Brad Weinman, Terralynn Hoy, Todd Disner, Dwight Schweitzer, Robert Fava, Pastor Troy Winters, Clarence Busby, Nanci Jo Frazer, Frabi, racer, Blondie, and the list goes on and on are made to pay for their involvement, the sooner these Ponzi's will disappear.

That's wishful thinking. Scams were a part of the society from the moment the society existed. They will be a part of the society until the human race disappears from this planet.

Originally Posted by Finix

That's wishful thinking. Scams were a part of the society from the moment the society existed. They will be a part of the society until the human race disappears from this planet.

I agree.But first you must build ideal condition,aim if you want to take maximum from your doings