Thread: Banners Broker HYIP ponzi scam

This flagged up to me today How To Become a Millionaire - Banners Broker Keith Lambert Reveals Millionaire Strategy - YouTube

How to become a millionaire! This is the type of stuff that people are being spouted with, no wonder there is so much greed!

Looking at some key points

Encouraging multiple accounts via limited companies
Key to strategy is recruit, recruit, recruit
Only taking on people on red and black packages
Google are being greedy -

Originally Posted by hendyphilhendy

This flagged up to me today How To Become a Millionaire - Banners Broker Keith Lambert Reveals Millionaire Strategy - YouTube

How to become a millionaire! This is the type of stuff that people are being spouted with, no wonder there is so much greed!

Yes, it's what I think of as the "Loadsamoney" mindset!

I suppose it was bound to happen. We have the culture where people (not everybody, obviously, but lots) see success as nothing less than their due, whether or not they have any talent or aptitude for hard work. I mean, look at things like the X Factor and Big Brother and other "reality tv" shows, full of talentless wannabees. I think that BB has tapped into this by telling people they can become rich through something they don't understand and don't even need to understand, just by a few minutes a day clicking on their computer! And for whatever reason, people believe it. You might say that they are idiots for believing it, but people have many complicated reasons for believing / hoping that it is true.

As other posts above say, there are many good, hardworking people who have joined BB, almost certainly because someone they knew and (presumably) trusted recommended it to them. That is what nearly happened to my friends. It was their lodger, who they trusted enough to have in their home, who presented it to them as a good thing. He was very clear that it was a sure fire money making venture...and to be fair to him, he still seems utterly convinced that it is!

What I will be interested to see is if they re-open for business on 2nd January 2013.....

Originally Posted by StevenHoward

Ken, Ken, Ken. You're so funny, support tickets are sometimes never replied to, in fact there was a notice recently on the BB site stating that all tickets older than FOURTEEN DAYS were going to be purged from the system.


Fourteen days Ken................ Fourteen days and a query had still not been replied to, never mind an issue being solved.

Would you wait 14 days for your electricity supplier, Gas company, or car repair shop to reply to a query about a problem you had ?.

Well thank you Steven for appreciating my sense of humour. It was posted with a huge dose of irony I know that it's the cr*ppest Support Desk ever. I was continuing my slightly completely tongue in cheek look at the wondrous system that BB gives you when you join. <<<< Yup I'm not being serious in that last sentence either

May I also say I thought your post on due diligence slightly further up was amazing and very honest and I applaud you for that. I am sure there are more like you out there who feel the same. Fair play sir, fair play

Finch sells accused of being a scam by Stephen Mc Manus
http://www.linkedin.com/groupItem?vi...ntID_110772983

steve mcmanus • Here is one of the links http://www.complaintsboard.com/compl...9.html#c607719


This guy is a scammer who promotes various cpa scams:

Martin Osborn
1. Ashburton Road

Ruislip Manor
London, HA4 6AA
United Kingdom
Email: tehfincheh@gmail.com
finch@finchsells.com
Phone: +44. 01895637066

The network promoting the advance cleanse scam is Copeac.

Proof: Find Affiliate Offers: :

Copeac CPA Network
A division of Intermark Media
1. Crossways Park Drive

Suite 203
Woodbury, NY 11797
USA
Toll Free – 1-877-COPEAC-1
Email: approvals@copeac.com
info@copeac.com

BBB says that the company behind the Advanced Cleanse scam is in FLorida ( Enado Media, LLC
Address: 1521 Action Road, #842 Miami Beach, FL 33139 Tel: (877) 651-2112
Fax: (786) 513-0332) so file a complaint with the Florida Attorney General too:

Florida Attorney General - Attorney General Contact Form

I assume florida law also has ways of dealing with litageous individuals who waste State time and resources?

@Beacon

Have you let Finch know this is out there.

Strikes me that certain types are really getting very nasty in their attacks. Ad hominem stuff merely indicates that the perpetrator has lost the argument. BB must be hurting badly: a reputable company would be horrified by this kind of thing and would try to stop this.

Wonder if it's the final hit before they disappear off into the darkness?

We wish BB passengers nice rest of the journey in 2013 and hope to see some above the sea level.Have a nice voyage.

I can foresee some awkward questions from the FSA....

bbuklink.jpg

bog.jpg

Originally Posted by Beacon

Finch sells accused of being a scam by Stephen Mc Manus
http://www.linkedin.com/groupItem?vi...ntID_110772983


I assume florida law also has ways of dealing with litageous individuals who waste State time and resources?

OK. Whether or not he promotes CPA scams has nothing to do with his analysis of Banners Brokers.

On the main BB dashboard the following closure times are listed for each country BB operates in, it also has the independent contractors that do the customer service for them. Anyone who's good at this sort of thing want to have a look into these? Or am I reading too much into this? I've looked at the Portugese one and there's a lot of stuff about outsourcing. I understand a lot of companies do outsourse so it's all probably something of nothing, just thought the company names were good to share.

Independent Contractor Office Closures during:

Tisochritifaos Ltd
Cyprus/ Greece: The office will be closed from December 22- January 1

CM Consulting
France: The office will be closed from December 21- January 2

North Star Support
Iceland/Sweden The office will be closed from December 21 - January 1

Banners Broker India
India: Banners Broker India office will closed only on Christmas Day - December 25

Stellar Point Inc.
International The office will be closed from December 21 - January 2

Macoone Online Marketing
Ireland: The office will be closed from December 21 - 26, December 29 - January 2

Exclusivalcance Unipessoal Lda
Portugal: The office will be closed on December 24 - 25, December 31 and January 1

Imander Associates S.L.
Spain: The office will be closed from December 22 - January 6

Some of them have been broought up before, like Stellar Point but there's a few on here that I don't believe have been mentioned before. regardign the Portugese one, I viewed the page in broken english (google translate) and came across this:

Dear Members,
The office of Exclusivalcance - North ended. As a matter of logistics, organization and planning of all our services are now centralized in the office of the Algarve, in order to improve the quality of our service.
We rely on your understanding.
Thank you!
Team Exclusivalcance

Again, could be nothing, but another Banners Broker office moving. Doesn't seem like they sit still for long does it?

BB and RealScam get a mention in the same breath as busted Ponzi scams AdSurfDaily and Zeek in Patrick Pretty's latest blog post (near the bottom):

http://www.patrickpretty.com/2012/12...-post-of-2012/

Originally Posted by Julie Diligent

BB and RealScam get a mention in the same breath as busted Ponzi scams AdSurfDaily and Zeek in Patrick Pretty's latest blog post (near the bottom):

LETTER TO READERS: Our Choice For The Most Important PP Blog Post Of 2012

Great find and an interesting read!

I think this has probably been brought up, but I was just reading this A MLM Skeptic: Scam Study: Ad Surf Daily about AdSurf Daily.

As a member, you buy "ad package" from ASD for $1 each, which makes YOUR website viewable to other members of ASD on their custom "rotator". You can get "rebate up to 150%" by viewing other member's website(s) for merely a few minutes per day. ASD takes 60% of that days "sales" and divides that among all the members who had viewed certain amount of ads, in proportion of the ad units they have purchased. Members are recommended to re-purchase ad units with any "rebates" they have received to earn more rebates in the future.

To buy the ad packages, you can mail a check, money order, or cashier's check to the ASD office, or make a deposit in Bank of America account and fax a copy of deposit slip to ASD.

Bowdoin will let you join even if you don't have any business or website to advertise. You can advertise two companies that you had nothing to do with...

...

In December 2007, ASD hired an Internet marketing firm, USHBB, and made a series of videos promoting ASD, which started to appear on Youtube in March 2008, where Bowdoin and members told everybody that a lawyer (later identified as Robert Garner) had vetted the firm, it's not a Ponzi, but a safe and profitable opportunity. The lawyer then appeared on the video proclaiming the same thing.

Bowdoin also started various "rallies" (actually seminars held at hotels across the country, actually recruitment drives) where he repeated the sales pitch, along with some of the earliest members, telling everybody how much money they made and they should join. They even offered a 50% bonus for any one who put in their money right there at the rally.

...

It also paid compliance teams to go over it, and declare it clean, only to get raided soon after by the Federal government.

There's lots more but I suggest reading yourself. Some striking similarities no?

Originally Posted by Beacon

Finch sells accused of being a scam by Stephen Mc Manus
http://www.linkedin.com/groupItem?vi...ntID_110772983


I assume florida law also has ways of dealing with litageous individuals who waste State time and resources?

This is hardly news.

If the guy had been following my blog, he'd have seen me posting about that incident several times since 2009.

I'm an affiliate marketer. I promote other people's products and take a commission from the sales.

One of the products I advertised when I was just getting started in 2009 was a cleansing solution. Unbeknown to me at the time, the company that owned the product was absolutely useless at dealing with customer refunds and cancellations. It attracted all kinds of negative attention (quite rightly), and as one of thousands of affiliates that had promoted the product, my name was dragged across the boards as some kind of co-conspirator.

It's a product I regret advertising, and haven't done since, but to say that anybody who works in the CPA industry is a scammer is a bit of a stretch. The affiliate industry is now very well policed, even if we do not involve ourselves with the kind of work that wins Nobel Peace prizes.

Here's quite a relevant article on the matter I wrote back in the summer: “Do Affiliate Marketers Ever Feel Guilty?” « Finch Sells

In any case, does the guy who found this have anything to say about the content of the Banners Broker posts?

Or is it just more character assassination?

These guys spend a lot of time barking about motives for hating BB, and not much time biting the facts. It's classic cult play.

Originally Posted by amathyst87

I think this has probably been brought up, but I was just reading this A MLM Skeptic: Scam Study: Ad Surf Daily about AdSurf Daily.



There's lots more but I suggest reading yourself. Some striking similarities no?

Well, yeah. This is what I've been saying. lol.

Originally Posted by noname999

I think this is the case with every single person who has joined BB. They mat not like to admit it but its true.

To be honest, most had probably never even heard the term until we asked the question(or not understood it anyway).

It is probably the case of most people who have joined any scam. The real problem with these insidious money games is not that they join for the first time, it is that, having failed, they carry on joining one after another, hoping that this will be the one that they succeed in, getting to know the players, building downlines and trying to get to the heart of the games where the real money is. However, in their immersion in this "internet marketing" game, they lose sight of the fact that what they are doing is based on the fact that the programs are essentially unsustainable and run by people who know this when they start them. In the vast majority of cases these money games are unlicensed, unregistered, and illegal.

The plan of the owners and inner circle (sometimes known as the steroidal puppeteers) behind the games is ALWAYS to make their money and get out while they are ahead, or in the case of the owners, until the game implodes. Then they move onto their next program. They call them businesses and dream up complex schemes as a smokescreen in order to achieve their purpose, but it never changes what they are doing into legal sustainable businesses. Let's face it. If they were real sustainable businesses, they wouldn't be flogging participations in them online to all and sundry. They would be developing their products and services and keeping the profits for themselves.

If Banners Broker was the company it claims to be, they would be well known by now outside the "internet marketing world" in the advertising world, for example, as innovative and successful and this thread would not exist.

Originally Posted by AshKen1

Well thank you Steven for appreciating my sense of humour. It was posted with a huge dose of irony I know that it's the cr*ppest Support Desk ever. I was continuing my slightly completely tongue in cheek look at the wondrous system that BB gives you when you join. <<<< Yup I'm not being serious in that last sentence either

May I also say I thought your post on due diligence slightly further up was amazing and very honest and I applaud you for that. I am sure there are more like you out there who feel the same. Fair play sir, fair play

It was the stories from my friend who knew people in the online marketing world that convinced me to have a "bet" on BB.

She knew at least a dozen people who claimed they were drawing large amounts of money each month, she visited them at home, saw their online accounts and even was taken to a hole in the wall when one took at around a thousand dollars one day (using her BB credit card) and told her that she could do this everyday.

This convinced her and in turn convinced me, however I was still even then very dubious, but decided it had to be worth a small investment.

My initial plan was to start off small, withdraw my initial investment, then once I had that back feel confident enough to introduce other people to it AND stick in something like five grand.


After joining the online forums (talkingbb, facebook etc) which in some cases you cannot do until you've joined BB, I spotted some alarming things, the most worrying was people complaining they had not been paid, closely followed by the lack of support and the downtime on their servers. I did some more searching and eventually found this site.

When I joined BB this thread was nowhere near the size it is now and didn't show up in the search queries I entered, most results at the time were BB youtube videos etc.

I won't be introducing anyone to BB, will not be investing my five grand and WILL do my utmost to warn other people from joining.

If they show me their nice plush offices, give some history on their founder, show me a number of adverts from leading companies etc, then this could change, but I suspect I'll see a flying pig first.

flyingpig.jpg

There you go.

Originally Posted by amathyst87

Some of them have been broought up before, like Stellar Point but there's a few on here that I don't believe have been mentioned before. regardign the Portugese one, I viewed the page in broken english (google translate) and came across this:

Again, could be nothing, but another Banners Broker office moving. Doesn't seem like they sit still for long does it?

Company Search

No company or business name for Macoon Online Marketing
No company called Banners Broker
But the Business name is registered since 24 May

Originally Posted by Beacon

Company Search

No company or business name for Macoon Online Marketing
No company called Banners Broker
But the Business name is registered since 24 May

I think that is Maconne Company Search

Possibly a deliberate mis-spelling. In the UK it is a requirement to include the registered company number on an official correspondence, including displaying it on your website. Not sure if that is the same in Ireland. The company number is the key identifier as it can never change.

Originally Posted by Whip

I'm still trying to figure out how they can process a transaction with only your last 4 digits.

maybe they can't see all the credit card info because I asked them to del my account and the only thing they can see is the transaction and in that case they can only see the last 4 digits.

but guys my main question is this - in a normal payment gateway does the merchant get's the info of the buyer (the credit card info..) or not? if anyone does know please replay with quote so I can see, thanks!

One of the major indicators that a Ponzi is about to run is all the major promoters, shills, and players who were posting all over the place suddenly go MIA. This usually happens about 2-6 weeks before it crashes and burns.

Many of the major defenders of BB on many of the financial Ponzi forums have suddenly disappeared for several weeks now. A few of them will come back to make the standard dig at me when I post something they don't like, but not to defend BB.

Now what is going to be really interesting to see is if iainsherriff, chinacastle, activeone, balancedview, BB Defender, waverider, and any other BB defender I may have missed mentioning comes back to join in the discussion.

January is going to be an interesting month indeed.

Originally Posted by JordanBright

maybe they can't see all the credit card info because I asked them to del my account and the only thing they can see is the transaction and in that case they can only see the last 4 digits.

but guys my main question is this - in a normal payment gateway does the merchant get's the info of the buyer (the credit card info..) or not? if anyone does know please replay with quote so I can see, thanks!

I work with paypal's payment API almost every day and besides the fact that it can be incredibly confusing sometimes, it is very clear in regards to this issue.

Right now I have an express checkout that requires the user to fill out their credit card information on my webpage. This information is sent to paypal to be processed. In my case, yes, the merchant does get the buyers information but I believe there are laws in place that deal with the storage and definitely the transfer of that information. I DO believe that transferring that sort of information, un-encrypted, to ANYONE other than the buyer without prior permission is against the law.

I personally do not keep anything other than the last 4 of the credit card in any case, as it would be a huge liability if my website were compromised.

There are other cases in which you are redirected to a third party 'eWallet' service in which you can pay using the funds you have deposited into your 'eWallet'. This is of course the service that Allied Wallet is offering. Paypal is also a supplier of such a service. In this case, only Paypal has your credit card information. The merchant does not receive, nor do they require anything but the last 4 of the credit card for bookkeeping purposes. The merchant is given a transaction id and general information including the last 4 of the credit card for their own purposes. The 'money' is deposited into the merchant's OWN 'eWallet' account (Paypal / Allied Wallet) and it is up to the merchant to withdraw from that account. I have never heard of a third party 'payment processor' that simply hands over the credit card information. What the hell would they be needed for? Why wouldn't the buyer just give the merchant his information in the first place?

It is my opinion that Allied Wallet either does not know what the hell they are doing, or that they are breaking the law.

For all of you who BB was your introduction into the world of Ponzi's, I would highly recommend that you visit some of the Ponzi financial forums and read the threads "Closed, Inactive & Offline HYBRID Programs" "Closed, Inactive & Offline HYIPs" "Closed, Inactive & Offline Cyclers/Matrix Programs." Take your pick from those selections, and first take a look at how many pages of programs that are listed in the selection you chose. Then take one program that interests you and open the thread and begin reading. Read the first 10 or so pages, and then jump to the last 20 pages and read. You will get an education about how all these programs are the same. You will also see the same "players" posting over and over again. Then look at another program and you will see the same "players," and saying the same things about this program they said about the other program. You will see the never-ending cycle of how these pimps, shills and players go from one Ponzi to the next with no remorse they are stealing money from people they conned into joining. It was why I wrote my book to help warn people so they don't become a victim.

I do applaud all of you for taking the time to think for yourselves, digging into BB, and even though after the fact doing your due diligence. I know how you got roped into joining and why you didn't do your due diligence before. This is how they do it. They keep you focused on the "glam" while the other hand is in your pocket taking your money. They aren't called conmen/conwomen for nothing. I also applaud you for helping expose this Ponzi for what it truly is. AWESOME job by all of you, and it is great to have you posting on RS.

Now for a cheeky/audacious plug. If any of you have gotten the bug to help expose these Ponzi's and truly want to help, Eagle is always looking for volunteers to help us in our mission. We have volunteers all over the world, but can always use more. If interested, PM me for details. End of cheeky/audacious plug.

Am out of breath as I've just sprinted over here (ok I clicked the mouse a couple of times) to bring you this from the main BB page on Facebook:

"Msg from David Henry Hooker: I am excited to be working with Ian and Lesley as we build not only the UK but Internatioonally - Lorenzo will be in the UK on 3rd January to seek out offices in Manchester area and I will be joining him from 23rd onwards to tour the UK and meet and greet all our Affiliates in UK - thanks Ian and Lesley and we wish each and everyone of you an amazing Christmas and incredible New Year"

Gosh, how many contradictions from previous statements are contained in that little lot...

If you think you are seeing this in duplicate it's because both Hendy and I were looking at the same page at the same time - probably with our jaws dropping in synchronicity....

Originally Posted by mentalmaniac76

I work with paypal's payment API almost every day and besides the fact that it can be incredibly confusing sometimes, it is very clear in regards to this issue.

Right now I have an express checkout that requires the user to fill out their credit card information on my webpage. This information is sent to paypal to be processed. In my case, yes, the merchant does get the buyers information but I believe there are laws in place that deal with the storage and definitely the transfer of that information. I DO believe that transferring that sort of information, un-encrypted, to ANYONE other than the buyer without prior permission is against the law.

I personally do not keep anything other than the last 4 of the credit card in any case, as it would be a huge liability if my website were compromised.

There are other cases in which you are redirected to a third party 'eWallet' service in which you can pay using the funds you have deposited into your 'eWallet'. This is of course the service that Allied Wallet is offering. Paypal is also a supplier of such a service. In this case, only Paypal has your credit card information. The merchant does not receive, nor do they require anything but the last 4 of the credit card for bookkeeping purposes. The merchant is given a transaction id and general information including the last 4 of the credit card for their own purposes. The 'money' is deposited into the merchant's OWN 'eWallet' account (Paypal / Allied Wallet) and it is up to the merchant to withdraw from that account. I have never heard of a third party 'payment processor' that simply hands over the credit card information. What the hell would they be needed for? Why wouldn't the buyer just give the merchant his information in the first place?

It is my opinion that Allied Wallet either does not know what the hell they are doing, or that they are breaking the law.

Welcome to RS and thanks for that very informative and useful information. Please continue to provide us your knowledge and expertise.