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 ?
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
Originally Posted by Oz
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
Undoubtedly there will be more to follow as the IMARKETSLIVE pimps and shills do their job and more and more victims are created.