Thread: Banners Broker HYIP ponzi scam

By the way if you have never been part of a serious investigation like this it is a sight to behold. I ran one once where the employee ended up going to prison. You bring him into a conference room off-site, with senior management and undercover police present. The instant the guy walks into the room the color drains out of his face because he knows exactly what the topic is.

In a matter of minutes Mr. Cool is in tears, hands shaking, explaining how it "got away from him" and "I'm only in my early thirties I can't go to jail" and "can we work out a deal".

This is never a pleasant experience on either side of the table, but the point is that there is such a far disconnect between what the person was thinking when they were in the middle of their "endeavour" and how reality sinks in once the unsmiling law enforcement folks are involved...it's enough to convince you to never get a speeding ticket much less try to scam anyone (or in this case, a business) out of money.

I am not kidding. I still wake up in the middle of the night on this one and I was the guy on the safe side of the table.

I see people are now complaining that panels close to finishing are getting no traffic whereas other panels with a long way to go are getting traffic. My my aren' t BB very clever...NOT!

HA! One of the shills just said its a traffic jam!! Best excuse yet. They have so much traffic it has caused a traffic jam. What a bunch of liars. Who do they think will believe this crap?

Originally Posted by noname999

I see people are now complaining that panels close to finishing are getting no traffic whereas other panels with a long way to go are getting traffic. My my aren' t BB very clever...NOT!

not true, panels are not moving AT ALL.

Originally Posted by noname999

HA! One of the shills just said its a traffic jam!! Best excuse yet. They have so much traffic it has caused a traffic jam. What a bunch of liars. Who do they think will believe this crap?

It is.......everyone's trying to get all their money out at once. That's the only 'traffic'

So just to recap on this week's revelations:

there are no ads worth talking about...the panels have slowed...the panels have stopped...the payments have been delayed...the payments been stopped...money has been snatched back.

Great business alright, how could you possibly consider getting involved with these crooks??

Originally Posted by noname999

So just to recap on this week's revelations:

there are no ads worth talking about...the panels have slowed...the panels have stopped...the payments have been delayed...the payments been stopped...money has been snatched back.

Great business alright, how could you possibly consider getting involved with these crooks??

the worst thing for me is the I.D theft, not the small money or the money that people can lose but that even after banners broker will close it gates they still hold 200K+ I.D pictures, that's insane!

I guess by now many victims have realised that their money (real & imaginary) is trapped in an eWallet that they have no control over.
They are not able to speak to online support.
They are never online & are useless anyway.
(they only ever say there are IT troubles, or hackers, or aliens have stopped the "Ad Engine" with cosmic space super ray guns or some such thing)
And yet are still expected to carry on paying a $15 or $100 monthly subscription.

WAKE UP PEOPLE STOP THROWING GOOD MONEY AFTER BAD

Originally Posted by Joe_Shmoe

I guess by now many victims have realised that their money (real & imaginary) is trapped in an eWallet that they have no control over.
They are not able to speak to online support.
They are never online & are useless anyway.
(they only ever say there are IT troubles, or hackers, or aliens have stopped the "Ad Engine" with cosmic space super ray guns or some such thing)
And yet are still expected to carry on paying a $15 or $100 monthly subscription.

WAKE UP PEOPLE STOP THROWING GOOD MONEY AFTER BAD

Seems like a lot of them failed this test----->Stupidity test.jpg

Well, not only panel speed have been like **** but now panels are changed, today I checked my account and what do you know, 2 yellow panels finished the job and made 4, all good? NO. I did not put my 2 old yellow panels on 100% but on 50% - 10$ to the ewallet and 10 to buy another yellow, what the hell?

and more on the panels, the purple panels still move like ****, but the yellows they finished, the blue is close but purples, they are taking all the time in the world, I'm stuck in banners broker and can't get out.. omg.

Originally Posted by JordanBright

I'm stuck in banners broker and can't get out.. omg.

And that, my friend, is the reality of playing HYIP ponzis.

What's even worse is that 80% to 90% of all members will end up the same way.

Originally Posted by littleroundman

And that, my friend, is the reality of playing HYIP ponzis.

What's even worse is that 80% to 90% of all members will end up the same way.

I already knew that but the, but the part that is new here is that they are keeping me in it even if I don't do anything (like changing panels to 100%..) never heard of it before, but then again it's not that I've been in another HYIP.

Originally Posted by JordanBright

I already knew that but the, but the part that is new here is that they are keeping me in it even if I don't do anything (like changing panels to 100%..) never heard of it before, but then again it's not that I've been in another HYIP.

That's the whole point, though, isn't it ??

Seeting aside the fact HYIP ponzis are illegal, the majority of "players" have no idea how to "play"

There are ALWAYS signs, ALWAYS.

If people want to play HYIP ponzi games, it's their choice.

If they know they're illegal and 90% of players will lose, and they STILL choose to play, so be it.

But, for chrissakes, they could be a LITTLE bit smart about it.

Stupid, illegal AND pig headed is a dangerous combination when HYIP ponzi are involved.

Originally Posted by JordanBright

the worst thing for me is the I.D theft, not the small money or the money that people can lose but that even after banners broker will close it gates they still hold 200K+ I.D pictures, that's insane!

Can you tell us exactly what personal info they have on people?

Did they ask for SS#, photos, driver's license numbers, home address, real bank acct. info., passwords, family names, etc.? Please list all. Thx

Originally Posted by Char

Can you tell us exactly what personal info they have on people?

Did they ask for SS#, photos, driver's license numbers, home address, real bank acct. info., passwords, family names, etc.? Please list all. Thx

They asked for any card that will identify it's you, but I don't think they card which one and how do you call it, they ask for Drivers license or I.D, or any other one (passport..) they ask real name and last name, if you want to make a BB card you also have to put a proof of address that is just a fancy name for you taking a picture of a bill you have listed for you, they also ask the mothers name if you want a BB card.. they ask a lot.

oh and if you didn't get it they ask for a picture of it, not just the numbers, a full picture (scanned one but if you take a pic from the cell they don't care, just to show how much **** they give about their own rules)

Here you go, all the info banners broker wants from you -




Bank -





and here is the PDF -

https://bannersbroker.com/images/BBcardForm.pdf

Wow, they ask for a lot of information, I am really glad I found this site, thanks guys, you are doing a great job at exposing them.

Originally Posted by JordanBright

They asked for any card that will identify it's you, but I don't think they card which one and how do you call it, they ask for Drivers license or I.D, or any other one (passport..) they ask real name and last name, if you want to make a BB card you also have to put a proof of address that is just a fancy name for you taking a picture of a bill you have listed for you, they also ask the mothers name if you want a BB card.. they ask a lot.

oh and if you didn't get it they ask for a picture of it, not just the numbers, a full picture (scanned one but if you take a pic from the cell they don't care, just to show how much **** they give about their own rules)

So this is what they might have on an individual:

*Scanned copy of your passport or driver's license
*Home address w/ proof
*Phone numbers and email address
*All your banking info including account number, routing numbers, branch info
*Your mother's maiden name
*Info on someone close to you (i.e. beneficiary field)

And who exactly is this info in the hands of? Someone is Russia?
I would be taking this issue very seriously indeed.

SO!

How does banners broker make money?

Let us put the cash flow variables into perspective:

Cash Inflow:

1. Subscriptions from members
2. Selling of new virtual packages to existing members and newcomers
3. Additional account funding with actual money to "qualify" packages
4. Fees per support ticket
5. Actual contracts with advertisers

Cash Outflow

1. Cash withdrawals from members
2. Fees to publishers
3. Expenses

Concerning the Cash Inflow I can speculated as follows:

Subscriptions from members: A significant amount of money is being flowing every month into the bank account of banners broker. Considering that the number of members can now be higher than 100.000 persons they manage to collect approximately 2 million USD per month, or even more if we take into account the recent changes ("upgrades") which are giving the option to members to pay a higher subscription in order to have a faster growth rate of their panels. This part of income is IMH(and very)O the cash cow of BB. Their marketing plan is aiming at attracting more subscribers as Selling of new virtual packages to existing members and newcomers and Additional account funding with actual money to "qualify" packages are very crucial for the system feasibility. This is obvious to the observer by simply going through the various websites that promote BB and the various forums which are run by people who purposely create the need to the people to expand the whole thing.

We can not however neglect the amount they manage to collect for providing "support" to members. While the concept of the business is very very simple, buying add space and sell it at higher price, they purposely created a very complicated system that not only makes it impossible to an outsider to understand but creates a continuous need fro support to the insider as this is an extra source of income to the system.

Although the figures make no sense and banners broker can not prove that they actually are involved in real web advertising business, I would give them credit for this. I would assume that they indeed sell some advertising to some very small players in the field. It would be however, naive if one tries to convince anyone that BB is attracting any significant amount of advertising fees. Simply because the real players need real traffic, they study extensively all the options and choose to go with the best value for money. BB can not sell any advertising at any favorable value for money ratio to any serious advertiser. Period!

Concerning the Cash Outflow we can similarly assume the following:

It is expected that there are some administration fees, salaries to people who actually work for them, buying of assets etc. But if I was running a HYIP game like this one, I would try to maintain these expenses to as minimum as required to run the system. As wee can judge from the quality level of their services to their members, BB is very likely to keep these expenses below the minimum. We have seen all kind of excuses for really bad performance of their servers. We can not give any trophy to their customer service. It is apparent that all administrators of all relative forums are no way trained experts in the field and it would be naive to believe that BB spends any money in staff training beyond what is necessary for the main target, which is attract more people in!

In line with my speculations about selling of real advertising goes my speculations for cash payments to publishers. I would assume that the most publishers here are websites owned by BB or BB members and the real cash outflow is negligible.

A real threat however to the stability of the system would be the cash withdrawals from members ! As the number of members is getting higher it becomes more and more difficult for this scheme to grow fast enough. Therefore the growth rate as this moves away from the start and moves towards maturity becomes percentage wise lower, and lower, and lower. It is common for these systems to give out some cash to the early members just because this is feasible in the beginning. As the systems matures though, they have to invent the ways to keep the more cash in. With BB we have seen delays in payments, slower growth rates for the panels, and even some new rules which if broken by any member there is a risk of accounts closings, forfeiting any assets (virtual or actual). All these are the ways the system is using to make the actual cash outflow slower. This is the only way to survive. Eventually the capabilities of paying out any real money to members will drop below the actual money inflow, because no matter how hard the system fights to stay alive, the members would need to earn from it. As the later is impossible a spectacular collapse follows. All these systems have an expiry date. And sometimes their termination takes effect violently by law-enforcement bodies. It is not a surprise that some people from BB who obviously are standing somewhere higher than the average member, and could have a more detailed knowledge of the system they are trying hard to avoid any trigger for inspections! We have seen this behavior with BB as well.

My advise to any prospective members is not to give any money, not to provide any information to banners broker. To those who are already in is to stop paying any money for whatever reason to BB. Just stop all payments and try if possible to close your accounts even if you are loosing some money. The longer you stay in, the more damage you will suffer in the future, and the more damage you will cause to other people.

Originally Posted by Char

So this is what they might have on an individual:

*Scanned copy of your passport or driver's license
*Home address w/ proof
*Phone numbers and email address
*All your banking info including account number, routing numbers, branch info
*Your mother's maiden name
*Info on someone close to you (i.e. beneficiary field)

And who exactly is this info in the hands of? Someone is Russia?
I would be taking this issue very seriously indeed.

not all of that is manddatory as you can see only the stuff that has '*' or red line around the box that you need to enter the details is mandatory, others stuff is don't but still all that info and we can't even take it down. the only thing that holds the I.D pic is a "watermark" but banners broker system put it so they get the original and then put the watermark..

I whould too but people are stupid at first, they see that and they say this must be a secure place, if they take all that info to see you are not stealing money, but after a close look you see that info is the thing that might be the key for them to steal YOUR money..

Originally Posted by Char

And who exactly is this info in the hands of? Someone is Russia?
I would be taking this issue very seriously indeed.

Absolutely right, Char.

Ask any of the Zeek Rewards members who have had to cancel their credit cards after getting 20 or 30 unauthorized charges from people they'd never heard of against their C/C AFTER Zeek was closed down.

I don't know what the going price is ATM for databases of the size of Zeeks or Banners Broker, but I've heard of them changing hands for up to $10,000 for those with complete details like Banners Brokers' has.

Originally Posted by scinvestor

My advise to any prospective members is not to give any money, not to provide any information to banners broker. To those who are already in is to stop paying any money for whatever reason to BB. Just stop all payments and try if possible to close your accounts even if you are loosing some money. The longer you stay in, the more damage you will suffer in the future, and the more damage you will cause to other people.

no, the I.D and info is still in the hands of the unknown people that has this site.. maybe you are not putting any money but that will be so easy to just take all the info you have put in and put it again in an account, then put some fake or transfer some people so it seems that you signed up a lot of people and at the end it will come back to you. there is nothing to do really..

by the way, people that paid to banners broker with alliedwallet - send an email to the support and ask to REMOVE your account, say remove not stop all money flow or something.

Originally Posted by JordanBright

no, the I.D and info is still in the hands of the unknown people that has this site.. maybe you are not putting any money but that will be so easy to just take all the info you have put in and put it again in an account, then put some fake or transfer some people so it seems that you signed up a lot of people and at the end it will come back to you. there is nothing to do really..

by the way, people that paid to banners broker with alliedwallet - send an email to the support and ask to REMOVE your account, say remove not stop all money flow or something.

What else can you you do against identity abuse fraud? I would close all associated bank accounts, and credit cards, reformat my PC, block any BB associated sites and hope that I won't be one of the unlucky guys. Unfortunately there is no guarantee your identity information are deleted from their records even if you get a written confirmation for it. Save what ever you can save. This is a risk everyone should be informed about if ever consider participating in HYIP / ponzi games.

Originally Posted by scinvestor

What else can you you do against identity abuse fraud? I would close all associated bank accounts, and credit cards, reformat my PC, block any BB associated sites and hope that I won't be one of the unlucky guys. Unfortunately there is no guarantee your identity information are deleted from their records even if you get a written confirmation for it. Save what ever you can save. This is a risk everyone should be informed about if ever consider participating in HYIP / ponzi games.

yes, everybody should know that.

From MoreMoneyReview:

orsoncane says:

"Just do a quick Google search for 'online advertising'. You won’t find BB in the first 30 pages."

Good point, orsoncane.