Thread: Banners Broker HYIP ponzi scam

"Always look on the bright side of life (de do, de doody doody do)"

BB Fb 13 Sept.jpg

Oh those silly geese, there is a biggest surprise for them coming soon ;)

That is why it's been so quiet, nobody wanted to ruin it.

Can someone tell me what is "bathed breath?" I am sure it was a misspelling/typo, but it was funny.

Originally Posted by Char

Paul Anthony Weeks look forward to q&a friday 12/9
Like · Reply · 1 · Yesterday at 06:23


Yes, It will be most interesting. I wonder if they will announce the new payment processor and reassure people the panels have been moving while the site has been down.

What news on the scaminar? New payment processor yet?

Originally Posted by EagleOne

Can someone tell me what is "bathed breath?" I am sure it was a misspelling/typo, but it was funny.

very clean?

I hear that the only "payment processor" in the near future is the liquidator. And he ain't feeling too generous.

Originally Posted by Beacon

and one for $400,000
The 400k is a deposit

But one 50,000 payment is to out mate the pointer Simon stepsys on 16 Oct 2012

Stepsys then lodged 46,050 on 30th Oct

But he had got another $29,695 on 30 august

I find it really strange there would be only one deposit for $400,000. That does not come anywhere close to jibing with the earnings that some people were claiming. Even if this was a weekly run, that would not make much sense. I would say normally there could be more than one bank account, YET those accounts would have to link with the affiliates back offices. Otherwise as panels capped how would the accounts balance? Or are we back to a computer genius not even being able to run quick books?

================================================== ===

If memory serves there were some pictures of Simon da Rat holding some big checks like this one...

My Advertising Pays Simon.JPG

Has anyone happened to encounter any withdraws that match any of the alleged checks? If not were they just for show, or was Simon paid on a different system than affiliates? I for one find it unlikely that he moved from Banners Broker to Empower and INSTANTLY had the same result. Then on to MAP and bingo top banana.

Affiliates, while you have some time on your hands waiting for Chris to do whatever it is he is doing could one of you dig through some of the documents? See what you can find out about how some of your leaders were paid. I am not saying fraud just yet, but where there is fraud often the people committing the fraud don't have the same accounting system for their pockets as yours.

Would love to see a few of you join in the discussion here.

Good points you raise Ribshaw. I think there will be other bank accounts yet to be uncovered. including Smith's syphon off accounts.
If I remember correctly, Stepsys was also selling panels directly to affiliates for cash. Possibly others doing the same.
I'm sure there are more nefarious details yet to be discovered by the liquidators.
I have not heard mention of Iain Sherriff, I am sure he was not recruiting and doing all that policing and banning on talkingbb, bbfb etc for nothing.
Various tax authorities might be interested to learn of these developments.
Does anyone believe Stepsys, Supergranny etc have declared their ill gotten gains?

First of all that spreadsheet is only for Payza, while people could withdraw to other processors and to debit card.
And second thing it is only for paybannersbroker@gmail.com account, but BB used multiple others,
I can confirm that as some people used Payza with BB, but their transactions not in there.

Originally Posted by Jerrygo

I think there will be other bank accounts yet to be uncovered. including Smith's syphon off accounts.

That would explain not so coincidentally why people like Simon have long since moved on. Who just up and walks away from a $1,000,000 a legitimate ad brokering business with nary a peep? He was paid something to bring in cash, nothing more. As Nik mentioned, there were several methods of getting money out, so I am sure the higher ups got theirs in 2012. The next year and a half has been one big brush off, were it not for the liquidation they may have pulled it off.

The best case for affiliates is for as many of these accounts to come to light as possible if they hope to see even a pittance of their initial investment.

What bothers me the most at this point is not the ungratefulness of the Banners Broker affiliates, it is that they still ask such poor questions. Tells me they are ripe for the next "this one will get you back to even" fraud. They could go back to page 1 and start reading to see if maybe they missed something. Follow the links to Finch, Tara, and the interview with Terry Stern. They could hit http://www.realscam.com/f8/flexkom-a...mlm-scam-1862/ and see what a train wreck that has become.

The whole concept of brokering ads via some sort of affiliate network made no sense to me then or now. The patchwork of alleged spreadsheets and accounting "mishaps" seemed even less plausible. Especially with all the information people have put up recently like no expenses coming from the account. If affiliates don't get it now, or want to expand their horizons, some of these people will never believe they were scammed.

Over on the BB FB page, some brave and hopeful soul declared that BB would be back at "12.00am GMT" today.

If by 12.00am he meant midday today - er, no, it hasn't happened. Ooops.
If he meant midnight, well, an hour and a half to go!

I know it is very exciting but I cannot wait up to see if it happens.

Somehow, I just don't think it will. Sorry, but the signs are not good!

(60 guests right now.....looking for info they cannot get elsewhere maybe? )

I wonder where Mark Stokes (remember him? BIG Banners Broker pimp) is running?
He is pretty quite on Twitter & mostly tweets his running stats.

KEEP ON RUNNING MARK

Screen Shot 2014-09-16 at 00.16.53.jpg

Originally Posted by Joe_Shmoe

I wonder where Mark Stokes (remember him? BIG Banners Broker pimp) is running?
He is pretty quite on Twitter & mostly tweets his running stats.

KEEP ON RUNNING MARK

Screen Shot 2014-09-16 at 00.16.53.jpg

He can run but he can't hide.

Originally Posted by ribshaw

Who just up and walks away from a $1,000,000 a legitimate ad brokering business with nary a peep? ...
The best case for affiliates is for as many of these accounts to come to light as possible if they hope to see even a pittance of their initial investment.

What bothers me the most at this point is not the ungratefulness of the Banners Broker affiliates, it is that they still ask such poor questions. Tells me they are ripe for the next "this one will get you back to even" fraud. ...

The whole concept of brokering ads via some sort of affiliate network made no sense to me then or now. The patchwork of alleged spreadsheets and accounting "mishaps" seemed even less plausible. Especially with all the information people have put up recently like no expenses coming from the account. If affiliates don't get it now, or want to expand their horizons, some of these people will never believe they were scammed.

I have devoted some time to academic study of this mindset yet I am still frequently aghast at how certain people display such cultlike traits.

We see this in religious cults where the leader predicts the end of the world and it does not come about. He fades away only to return eighteen months later. What really surprises me is that some of his new followers are in fact his old followers.

Right-wing authoritarianism - Wikipedia, the free encyclopedia

Right-wing authoritarians are people who have a high degree of willingness to submit to authorities they perceive as established and legitimate, who adhere to societal conventions and norms, and who are hostile and punitive in their attitudes towards people who don't adhere to them. They value uniformity and are in favour of using group authority, including coercion, to achieve it

Source:
Stenner, Karen (2009). "Three Kinds of "Conservatism". Psychological Inquiry: 142–159.
http://ussc.edu.au/s/media/docs/publ...ty_Stenner.pdf

Allow me to way lyrical on this point as it relates to my own personal interest. ( see my name above)
Hypothesis one from the above pdf

Authoritarianism (and not conservatism, lack of education, or religion) is the principal determinant of intolerance of difference across time and
space and domain, that is, across any stretch of history, all cultures and every aspect (including racial, political and moral intolerance).

continues

authoritarianism is one of the most misconceived, mismeasured,
and misunderstood concepts in all of social science

Originally Posted by Della Cate

Over on the BB FB page, some brave and hopeful soul declared that BB would be back at "12.00am GMT" today.

If by 12.00am he meant midday today - er, no, it hasn't happened. Ooops.
If he meant midnight, well, an hour and a half to go!

I know it is very exciting but I cannot wait up to see if it happens.

Somehow, I just don't think it will. Sorry, but the signs are not good!

(60 guests right now.....looking for info they cannot get elsewhere maybe? )

Surprise surprise it didn't happen.

Closed.jpg

Originally Posted by Joe_Shmoe

Surprise surprise it didn't happen.

Closed.jpg

what?

Capture57.JPG

Originally Posted by Della Cate

Over on the BB FB page, some brave and hopeful soul declared that BB would be back at "12.00am GMT" today.

If by 12.00am he meant midday today - er, no, it hasn't happened. Ooops.
If he meant midnight, well, an hour and a half to go!

Midday is 12pm. 12am is midnight - at the start of the day - so he was already too late when he posted it. Midnight at the end of the day would be 12am tomorrow.

Originally Posted by Joe_Shmoe

Surprise surprise it didn't happen.

Closed.jpg

Joe,remember WeW - Temporarily Not Accepting Payments ?...hm..guess what..IT'S STILL THERE ! ! !...all gone..no-one gives a **** ...even nobody mentions the crap any more..ha..and they are still in "temporarily" mode

Meanwhile over at Mr. Shills neighborhood:


Alan I know nothing Shills.JPG

Blow Off: Getting rid of an victim. http://scams.wikispaces.com/Glossary

For almost two years Alan THE MENTOR Shills wagged his finger at anyone who dared call this a scam, he was a legend in the Banners Broker Community. Now run along, he thinks maybe, might could be that the attorneys have told Chris Smith to keep his yapper shut. All those cute little panels being brokered in the blind network??? Mostly though just run along, unless you want to join his team for the next big scam, er I mean passive income location neutral opportunity.

============================================

YOUR ONLY HOPE NOW IS THE LIQUIDATORS, stop with the crossies that this is coming back.

If you are aware of an investment opportunity that might be a Ponzi scheme, contact the SEC by phone at (800) 732-0330 or submit a tip online at sec.gov/complaint/tipscomplaint.shtml.

SEC.gov | "Ponzi" Schemes

Avoiding getting in this mess in the future

Make sure your money is in a segregated account. (ALWAYS, NO MATTER THE VENTURE OR YOU ARE ASKING FOR IT)

Scammers will often ask people to write a check directly to them. Instead, you should have a segregated account with your name on it so you can receive monthly statements regarding your money and you can check your account online. “To me, the biggest red flag for Madoff was that there weren’t separate accounts,” Ajamie says. “You don’t want your money pooled in an account with other people’s money.” If it is, you’re never going to know where it’s at and where it’s going. How to Avoid Getting Scammed | TIME.com


These are a few general accounting principles useful for ALL businesses to avoid fraud. This is why you don't let a Chris Smith handle the no-check writing and the "spreadsheets". Again, if these things are not present in the "venture" being presented to you walk away.

Segregation of Duties Defined

A fundamental element of internal control is the segregation of certain key duties. The basic idea underlying SOD is that no employee or group of employees should be in a position both to perpetrate and to conceal errors or fraud in the normal course of their duties. In general, the principal incompatible duties to be segregated are:

Custody of assets.
Authorization or approval of related transactions affecting those assets.
Recording or reporting of related transactions.

https://iaonline.theiia.org/simplify...tion-of-duties

https://www.omh.ny.gov/omhweb/resour...l_top_ten.html

Well, here is old Stokesy pushing BB in February 2013.

Banners broker update from Manchester - YouTube

See what he says at approx 20 seconds in...."it's a real business". LOL!

Originally Posted by Della Cate

Well, here is old Stokesy pushing BB in February 2013.

Banners broker update from Manchester - YouTube

See what he says at approx 20 seconds in...."it's a real business". LOL!

https://plus.google.com/115556585880524878602/posts
LOL in Jan 10 2013 he was pimping BB
by 17 Jan he was cross pitching Flexkom
Feb 26 and hes back at BB
Then hes back at Flexkom
then In sept its Pure Leverage
Nov its imarketslive
Feb 2014 its Money Maker Network

Originally Posted by Beacon

https://plus.google.com/115556585880524878602/posts
LOL in Jan 10 2013 he was pimping BB
by 17 Jan he was cross pitching Flexkom
Feb 26 and hes back at BB
Then hes back at Flexkom
then In sept its Pure Leverage
Nov its imarketslive
Feb 2014 its Money Maker Network

Seems by their own 'rules', he should have been given the boot from banners broker scam on Jan 17, 2013 for promoting other garbage. Seems they are very selective on their own policy enforcement.

Originally Posted by Beacon

https://plus.google.com/115556585880524878602/posts
LOL in Jan 10 2013 he was pimping BB
by 17 Jan he was cross pitching Flexkom
Feb 26 and hes back at BB
Then hes back at Flexkom
then In sept its Pure Leverage
Nov its imarketslive
Feb 2014 its Money Maker Network

He's a bit of an MLM flea, isn't he - jump on any dog that will carry him!

Is he still pushing himself as "The Job Slayer" and promising "Twice Ya Money" (classy!) I wonder?

Originally Posted by Della Cate

He's a bit of an MLM flea, isn't he - jump on any dog that will carry him!

Is he still pushing himself as "The Job Slayer" and promising "Twice Ya Money" (classy!) I wonder?

Mark Stokes is now also involved with Simon Stepsys' latest Ponzi My Advertising Pays (MAPS)

Originally Posted by Joe_Shmoe

Mark Stokes is now also involved with Simon Stepsys' latest Ponzi My Advertising Pays (MAPS)

Is he? Doesn't surprise me - birds of a feather, and all that.

The repulsive Stepsys moves rapidly from one thing to another doesn't he? First he was (ahem) a "BB millionaire", then he was in Empower Network, now it is MAPS. Doesn't keep still for very long, does he? Perhaps he thinks it is harder to hit a moving target?