Banners Broker

SwissResidence

Can anyone care to explain to me why Banners Brokers is relying on small time investors to generate future growth, If the returns are as impressive as some posters are suggesting why hasn't any venture capitalist or sovereign wealth funds invested in this business?

tricky D

lala88 wrote: »

Most big company's Google, Coke etc all have investors dont they? Nothing strange about company's wanting investors

A buy-in is nothing like an investment and is a strange way of doing things. Also, the companies you mention are regulated by the likes of the SEC and FSA and certainly not brass-plated out of places like Belize.

RATM

SwissResidence wrote: »

Can anyone care to explain to me why Banners Brokers is relying on small time investors to generate future growth, If the returns are as impressive as some posters are suggesting why hasn't any venture capitalist or sovereign wealth funds invested in this business?

Exactly. Why are Banners Broker relying on small investors at $415 a pop? If a company wanted investment of lets say $1m quid why would they bother tapping 2,409 investors for $415 each ? That is 2,409 people you have to convince to part with their money. Why wouldn't you just say 'heh lets start calling around the venture capital companies (of which there are thousands in Canada and the US) and start pitching to them for a $1m investment. Instead of going to one person they choose to go to 2,409 - do people not find such a business model suss ?

Also this crap of doubling your money every 6 months falls directly under the 'if it's too good to be true then it probably is' adage. Warren Buffet is the person who largely regarded as the world's most successful investor - he has consistently delivered some of the best returns in the market and has beaten some of the best investment minds on Wall Street over the last 40 years. In those four decades Warren Buffet achieved an annual growth rate of 15.3%. So the person who is feted by the entire investing community and lauded worldwide as 'The Sage of Omaha' delivers returns of 15.3% per year, over a 40 year period. Banners Broker claim to deliver returns of 200% per year, now how is that possible. And if it is possible why isn't Warren Buffet telling us all to pile onto them ? Why aren't Google or Yahoo buying them out ?

There are hundreds of websites across the web calling this a ponzi scheme and a scam. Any reputable company would be issuing court orders against them to stop the company being bad mouthed. But Banners Broker isn't a reputable company, which is why you can say anything about them online and they won't take action- because if they did then the defendant might take the opportunity to put their company representative through some rigorous questioning that will prove it to be a pyramid scheme.

This is a scam folks, plain and simple. Get out and get your friends and family out.

Jumboman

Simon Stepsys is involved with banners broker, that's all you all you need to know about this company.

Google his name he has been involved in other internet scams.

http://www.fairtradeauthority.com/more_than_traffic_scam.php

http://simonstepsys.com/

Hunter21

I've always said this about BB;
If Banners Broker is so good then it could solve world economic problems, bring poor people above the poverty barrier etc...
Imagine a poorer neighbourhood all getting together and each chipping in money to make $400 buy in, come a years time they would be much better off surely :rolleyes: If it was legit this would be a reality!

Most massive corporations don't make these type of growth figures in a 6 months. They must be in the wrong line of work, they should sell up and invest it all in BB :P They would if it was legit!!!!!

I have asked countless people in BB, show me advertising, give me examples of their big clients and always get the answer "Oh they buy and sell so many ads that its hard to keep track of who they advertise for"

Then I get the run around that they make more ad traffic then google. (Yera ya! and my home built car is better then a market leader like Toyota. )
I ask; what stuff is BB doing that google has not already done? i.e google mail, street maps etc etc.
I get the answer; oh they are setting up their own social site like Facebook.. Immediately I say thats already been done, not exactly a groundbreaking idea by BB.

I often hear this I invested $5000 I have made $30,000 already! Yet its not in there bank account, they say they are leaving it there to invest more BUT they know a person who has proof it's in their bank account as they withdrew it. That don't cut crap this friend of a friend stuff, no one of all the people I've met (who tried to get me into it) have showed me actual physical proof of that massive return on investment in their actual personal current account in the bank.

Have you proof that it works? actual written proof, sure all it takes is take a picture of your bank statement and blank out your personal info. Simple surely?

I worry for people in it, family members included as soon they won't have two coins to rub together in these already tough times.

keithclancy

What amazes me the most is that people who are normally cautious with investments through banks and other regulated bodies, but are completely fine with dumping their money into a Website that doesn't really explain their business properly.

And even if there is a business, the company is completely unregulated, nobody knows if its audited, they could be using it as a method to launder drug money for all we know.

The only thing thats getting people to join is the possible huge return on gamble, people are just ignoring everything in the hopes of getting a big pay out, pretty much what happens with every MLM, Pyramid or Ponzi Scheme.

You'd be better off throwing your money into a few bets on Paddy Powers, at least their up front about their odds.

podgemonster

Can anyone explain to me how they can issue credit cards to account holders. I'm hearing they use a middle man called Vector but I don't fully understand how this works.

Also in the high liklihood that this is rotten to its core what will be the implications of those who withdraw cash regularily on these credit cards?

keithclancy

podgemonster wrote: »

Can anyone explain to me how they can issue credit cards to account holders. I'm hearing they use a middle man called Vector but I don't fully understand how this works.

Also in the high liklihood that this is rotten to its core what will be the implications of those who withdraw cash regularily on these credit cards?

Probably something similar to Skrill (Formerly Moneybookers)
Just a prepaid credit card loaded with some money.

RATM

keithclancy wrote: »

Probably something similar to Skrill (Formerly Moneybookers)
Just a prepaid credit card loaded with some money.

And with a Mastercard logo on it- very clever of the scamsters, they have 'borrowed' the credibility of a global brand like Mastercard by using their prepaid credit cards. The trick is known in marketing as 'the Halo Effect', you're hoping that a majority of your audience will take comfort from the Mastercard brand (projecting the Halo), therefore making Banners Broker look 'safe', as Mastercard itself is perceived to be 'safe'.

zpehtsfd

Got this research from a blog (The Private HYIP Blog):

Fact 1: As stated many times, nobody can find the ads. Other than a few token (quite silly) ads run by them directly, there is no “footprint” of BB advertising on the internet.
Fact 2: The program was announced in 2010 as a “Straightline Doubler Cycler”, and was exclusively announced on HYIP/MLM websites. If you don’t know what “doubler cycler” means, research it.
Fact 3: The guys who started BB or who are now the leaders of it have zero credentials or history in the advertising business. They do, however, have a long history in MLM / Pyramid schemes.
Fact 4: BB refuses to work with you as a publisher, if you contact them with an offer to put traffic out on a well-positioned, high-traffic website. Several of us have tried this and were not able to even talk to anyone.
Fact 5: BB refuses to work with out as an advertiser, if you contact them with an offer to buy a large block of advertising. Again, several of us have tried this and BB is completely unequipped to handle the request.
Fact 6: There is no organic traffic. BB offers the “choice network” to members, with no disclaimer whatsoever about it being in “test mode” — and Jamie Waters himself demonstrates how to make money from using the “choice network”. However, when pressed on the complete lack of utility or credibility regarding this network, people quickly say “it is in test mode”. This is not disclosed to any members via the dashboard, back office or on the BB website, anywhere.
Fact 7: No businessmen (or women) in a free market economy would “discover” a business model as elegant as BB claims to be — and turn it over to anyone willing to sign up for a free membership. There are (supposedly) millions of dollars in cash flow at play here, with margins that would make the executives at Google salivate – yet the patrons who started BB decided to give it all away to the rest of us.
Fact 8: BB claims to be in business with Clicksor, yet Clicksor has nowhere near the capacity to even begin to touch the advertising flow-through that BB claims to be driving. You can call Clicksor yourself (as I did) and confirm this.
Fact 9: BB is not known to any of the outside advertising reporting agencies who spend 24 hours a day tracking and reporting on the online advertising business. You can call ComScore yourself (as I did) and confirm this.
Fact 10: The leaders of BB never attend, present a topic at or even have a presence (like a simple information booth) at any of the big advertising conferences. This is beyond unusual for a “breakthrough” business such as BB.


Stay Away!!! imo.

foxyboxer

Ah lads, Banners Broker is both "global AND worldwide!"

Get in early!

Jerrygo

Any users on here who have been scammed by bb? or locked out of their account? or cant get their money out?

MIRMIR82

I love the way anyone that comes on here to endorse bb are all new users........:rolleyes:

keithclancy

MIRMIR82 wrote: »

I love the way anyone that comes on here to endorse bb are all new users........:rolleyes:

Actually he's saying his relative got ripped off:
http://www.boards.ie/vbulletin/showpost.php?p=81846788&postcount=63

Thargor

At least this thread is the #1 result for a Banners Broker search on Google.ie.

DubTony

This is a great review of Banners Broker from finchsells.com (the guys an affiliate marketer so his expertise is in online advertising).

BannersBroker has been tipped as whats been called a SuperPonzi by direct selling and network marketing experts in the last few weeks.

Rod Cook (awful web site),Ted Nuyten and Troy Dooley (video on site - go to 8:30) are just 3.


However nobody has researched it as well as finchsells.com

http://finchsells.com/2012/10/21/banners-broker-scam-dont-let-it-affect-you/

Thargor

Any news here recently? Did anyone get their money out?

Jerrygo

The Indian Government have closed the BB office in India. And police have placed serious charges against bb.
That is the news today.
The end is nigh

gibbykiid

Are there any other things like this online for making money?

Helpneeded86

gibbykiid wrote: »

Are there any other things like this online for making money?

I suppose when your name is KIID youd expect the question.

srsly78

gibbykiid wrote: »

Are there any other things like this online for making money?

Loads of stuff like this, did you not get those mails from the Nigerian Prince?

lala88

Has anyone actually got anything to show where people have lost money with it yet?

Hunter21

lala88 wrote: »

Has anyone actually got anything to show where people have lost money with it yet?

Rephrase your question;
Has anyone with money in it actually shown proof of return on investments??????? :rolleyes:

podgemonster

A lad I know, who brags about his BB investment, has said he has withdrawn a couple of hundred using the card they issued him from an ATM.

lala88

Hunter21 wrote: »

Rephrase your question;
Has anyone with money in it actually shown proof of return on investments??????? :rolleyes:

There are more people claiming its a scam so its them who have to prove that it is

Agent J

lala88 wrote: »

There are more people claiming its a scam so its them who have to prove that it is

What is your standard of proof?

Strongly suggest you go and listen to the liveline podcast from 28/11/2012 & take a read of this thread (Just skim it, there is plenty of data there)

http://www.realscam.com/f8/banners-broker-hyip-ponzi-scam-897/index347.html

Now you might still say "But they are opinions not proof.."

Ok - Points to consider

1)Their model makes no sense from a technical point of view

A Blind network? Page views? And this is a 2nd/3rd tier operator?
None of it makes sense. The only money in online advertising is through click throughs and building a network like they decribe would be difficult for a startup. No one can tell you where your ads are or what sites are involved

Is it more likely that this network doesnt really exist?


2)No sense from a finance point of view

With the claimed returns they would make fortune by just getting a standard bank loan rather than seeking multiple small investors. Hell even one large venture capitalist would have swooped on this.

Why would you want small amounts of finance from multiple unexperienced investors?

3)No sense from a business point of view

Google would eat these guys alive if they were actually doing what they claim.

4) It's a "black box"

Money goes in and more money comes out. The method is left intentionally vague with enough familiar sound terms to sound like it could be true. It's not.

5) Collapse

It is a matter of when this collapses not if. This is going to fall apart probably with a wide base of people. It's not quite a pyrimad/MLM scheme but it has similar charateriscs.

6) Losses

Problem is when people start to lose money they tend to go quiet publically because they feel like an idiot for falling for it.


Still not convinced?

Read some of the links which have already been put up in this thread like this one

http://finchsells.com/2012/12/20/banners-broker-scam-update/

Do some more research yourself just watch out for shills.

Shills are people who come on sites & forums who post up they have made XXX and isn't it great?

Hunter21

lala88 wrote: »

There are more people claiming its a scam so its them who have to prove that it is

Want proof? HERE!!!

http://lmgtfy.com/?q=banners+broker+scam

lala88

Hunter21 wrote: »

Want proof? HERE!!!

http://lmgtfy.com/?q=banners+broker+scam

Doesnt really prove much as you could do the same search for almost anything and you would get a result could you not?

RATM

podgemonster wrote: »

A lad I know, who brags about his BB investment, has said he has withdrawn a couple of hundred using the card they issued him from an ATM.

It wouldn't surprise me in the least to hear that people have got profit out of it- it is a feature of pyramid schemes that some people do get great profits out of it, the idea being that they then go and rope all their family and friends into it which adds another bottom layer to the pyramid and so on until it becomes unsustainable and the whole house of cards comes crashing down with those at the top of the pyramid doing a runner with all the cash.

So yeah for sure we will hear of people telling us that they got X amount or Y amount- that is part of the scam because the people at the top know full well that humans are greedy by nature and even if they make 100% profits in under 6 months the most likely thing they'll do is re-invest the lot because they are now convinced that the scheme works brilliantly and they get greedy for more.

In fact I would hazard a guess that there are smart investors out there who seek out early stage pyramid schemes and invest to get a 100% return but are clever enough not to go for a second bite of the cherry. You could call it scamming the scam if you like.

I notice that none of the orginal posters on this thread who were bigging up Banners Broker are posting here any more. Perhaps they were just shills or perhaps they already got burnt and now won't post for fear of being labelled idiots.

Hunter21

lala88 wrote: »

Doesnt really prove much as you could do the same search for almost anything and you would get a result could you not?

Proves 100 times more then the people that are "making loads of money", where is their proof to show money in their bank account or any personal account.

lala88

Hunter21 wrote: »

Proves 100 times more then the people that are "making loads of money", where is their proof to show money in their bank account or any personal account.

Like i said a lot more people are claiming it to be a scam its them who should have to prove it, if its such a big scam it should be no problem should it not?

srsly78

lala88 wrote: »

Like i said a lot more people are claiming it to be a scam its them who should have to prove it, if its such a big scam it should be no problem should it not?

To be precise people are claiming it's a pyramid scheme. It will be pretty obvious when it collapses.

And as previously pointed out, yes some people DO make money from pyramid schemes. Doesn't stop them being illegal tho.

lala88

srsly78 wrote: »

To be precise people are claiming it's a pyramid scheme. It will be pretty obvious when it collapses.

And as previously pointed out, yes some people DO make money from pyramid schemes. Doesn't stop them being illegal tho.

What do you have to back up that it will collapse? Most people have been saying its a scam but now are changing there mind and saying its a pyramid scheme to back there points up. Maybe it is or maybe its not but so far the people who are claiming it to be a scam have very little to prove that. Im not part of it but if you claim something you should have something to back it up, but like always the good people at boards will ask people to prove there points wile they dont have to

Thargor

Calling something a scam then calling it a pyramid scheme is not what Id class as changing their minds, its more like calling a car an automobile.

lala88

Thargor wrote: »

Calling something a scam then calling it a pyramid scheme is not what Id class as changing their minds, its more like calling a car an automobile.

Not really people were calling it a scam and said everyone lost there money they were shown that was not true and changed to call it a pyramid scheme. Like i said cant say it is or isnt but if it is all accept that but if it turns out not to be a scam or what ever the same cant be said for the people who say it is

Thargor

They're claiming orders of magnitude better returns than Google on embedded webpage advertising but nobody can find a single example of one of these superior ads, give it up FFS.

lala88

Thargor wrote: »

They're claiming orders of magnitude better returns than Google on embedded webpage advertising but nobody can find a single example of one of these superior ads, give it up FFS.

Again if its such a scam it should be no problem to find proof of it. You are now trying to change the subject, like i said if your so sure its a scam show us something to say it is, something other then saying ''google banners brokers scam'' because as i said you could do the same with anything and find links to it

Thargor

Ummm I was perfectly on subject and not trying to change it whatsoever thanks. If you've read this thread and all the links in it and you're happy then good luck with your investments...

lala88

Thargor wrote: »

Ummm I was perfectly on subject and not trying to change it whatsoever thanks. If you've read this thread and all the links in it and you're happy then good luck with your investments...

Yes you. I was talking about people changing there story about it being a scam etc. and you went off about what they say they do. Not one of the links to me prove anything, plenty of people have bad experiences with things does that mean there scams as well? Its you that has to prove its a scam so once you show me something to say its a scam i.e. where someone lost money etc then ill be happy. Once again if its such a big scam you should have no problem

Thargor

lala88 wrote: »

Yes you. I was talking about people changing there story about it being a scam etc. and you went off about what they say they do

Yes and like I said, I was very much on subject, not one single Banners Broker ad has been posted in this thread nor can one be found anywhere yet according to people invested in this thread the ads are so successful they're generating >100% returns for people, can you point to one of these banner ads on any website anywhere on the net thats generating so much cash even after infrastructure/staff/managment fees etc?

Hunter21

lala88 wrote: »

What do you have to back up that it will collapse? Most people have been saying its a scam but now are changing there mind and saying its a pyramid scheme to back there points up. Maybe it is or maybe its not but so far the people who are claiming it to be a scam have very little to prove that. Im not part of it but if you claim something you should have something to back it up, but like always the good people at boards will ask people to prove there points wile they dont have to

Your not part of it? even though you are on a serious offensive mission accusing us of lack of proof when we say its a scam.

We've given you proof, what more do you want?
It usually the person or party that gets accused of wrong doing provides proof to back up their case.
If Banners Broker is a legit company they would defend themselves, take legal actions for defamation or more simply if they cleared the fog and got rid of their fairy theories!

Show us proof of ads that Banner Broker sell- simple enough! (If there are ads)
Cut the crap about oh there brokers they buy ads cheaply and sell them on.. Every deal has a paper trail- if there was a deal.
Why aren't the biggest venture capitalist or governments investing in this if the returns are so good? feed the poor and get out of national debt
or more so why hasn't Google bought BB out/invested in it/started their own version- they certainly have the funds and personnel to do all this especially the later.

Do yourself a favour- stop going around in circles defending a company you say are innocent and get us hard proof facts. Not much to ask surely?

sozbox

Just to add to this.

A friend of mine, despite my objections, 'invested' €200 in this. Naturally enough he soon found he couldn't log into his account due to 'password issues' that, despite numerous emails and calls were not resolved for weeks.

He finally got in last night only to discover that he now OWES them money for some obscure reason. Safe to say, he's not paying so for the love of god if anyone reading this is considering putting money into this scheme, don't!

Banners Brokers is a scam, there is no evidence to the contrary.

tricky D

Jason1984 wrote: »

He finally got in last night only to discover that he now OWES them money for some obscure reason.

Admin fee, don't ya know.

The beauty of these schemes is that real proof comes when it's too late. Also it's the entity offering the investment who has the burden of proof (show us just one single ad, just one).

If you reckon otherwise, then I have some magic beans which will produce fruit of gold and more beans by autumn. You can't disprove it, so I'll offer them to you at the bargain price of €100 a pop.

MyPeopleDrankTheSoup

the beauty of the scam is we'll never show proof to lal88 that will satisfy him.

if he 'invested' his €200 and his account shows that he's earned €2k or whatever, yet they say there's delays in paying out or whatever excuse they're using, then that's good enough for him. a bit of text on a random website says he's made money and he won't believe it otherwise until maybe the site actually shuts down.

even martis osborn (finchsells.com) had to admit it in his 2nd post on banners broker

Is Banners Broker ‘Definitely’ a Ponzi Scheme?

In my last post, I came to the judgment that Banners Broker is a well-disguised ponzi scheme. I stand by that judgment.

In the comments, I faced a lot of questions from readers who thought I couldn’t possibly say with ’100% conviction’ that it is definitely a ponzi scheme. As much as it pains me to admit this, they are correct.

Theoretically, there is still a tiny chance that Banners Broker isn’t a ponzi scheme. Until the inevitable collapse, there remains a tiny shred of doubt.

The problem for those who back Banners Broker is that it is down to them to answer: “If Banners Broker isn’t a ponzi scam, what could it possibly be?”

we all know it's a ponzi scheme but we'll never have a smoking gun to satisfy the banners broker acolytes until they finally realise it themselves

Agent J

lala88 wrote: »

Not really people were calling it a scam and said everyone lost there money they were shown that was not true and changed to call it a pyramid scheme. Like i said cant say it is or isnt but if it is all accept that but if it turns out not to be a scam or what ever the same cant be said for the people who say it is

No reply to my post?

I've walked you through the outline of the problems with it and provided links (As well as many others here).

Do you have a vested interest here?

Agent J

georgiecasey wrote: »

the beauty of the scam is we'll never show proof to lal88 that will satisfy him.

even martis osborn (finchsells.com) had to admit it in his 2nd post on banners broker

we all know it's a ponzi scheme but we'll never have a smoking gun to satisfy the banners broker acolytes until they finally realise it themselves

I just take it like a court case proof. "Beyond a reasonable doubt"

There isn't any reasonable doubt left for BB to hide behind that is why it is beginning to collapse on it's home turf and they need to expand. Shills pop up and try to muddy the waters online and introduce doubt where really none exists.

keithclancy

Lads lads !!

Just send me 50 quid each ... you will double your money in 2 weeks, I can't tell you my business plan though, its secret.

Anyone find it strange that these "business opportunities" happen to pop up when there's an economic downturn ?
When some companies are severely struggling, a company can claim to be selling air, not telling people what air they buy and sell and then make a 'profit' from.

Honestly, where do people think the money is coming from

lala88

Agent J wrote: »

No reply to my post?

I've walked you through the outline of the problems with it and provided links (As well as many others here).

Do you have a vested interest here?

Has anyone shown anything where someone has said they lost money? Like i said goggling banners brokers scam doesnt really prove anything as the same can be done for anything. Like i said once someone shows me something when someone has actually lost money then ill be happy. Cant be that hard if you are all so sure its a scam now can it? Because surely there must be coutless examples of this

lala88

georgiecasey wrote: »

the beauty of the scam is we'll never show proof to lal88 that will satisfy him.

if he 'invested' his €200 and his account shows that he's earned €2k or whatever, yet they say there's delays in paying out or whatever excuse they're using, then that's good enough for him. a bit of text on a random website says he's made money and he won't believe it otherwise until maybe the site actually shuts down.

even martis osborn (finchsells.com) had to admit it in his 2nd post on banners broker


we all know it's a ponzi scheme but we'll never have a smoking gun to satisfy the banners broker acolytes until they finally realise it themselves

As i said before if it does turn out to be a scam ill be happy to accept that but is its not will the same be said for you and the others who say its is? I think we all know the answer there...

keithclancy

lala88 wrote: »

Has anyone shown anything where someone has said they lost money? Like i said goggling banners brokers scam doesnt really prove anything as the same can be done for anything. Like i said once someone shows me something when someone has actually lost money then ill be happy. Cant be that hard if you are all so sure its a scam now can it? Because surely there must be coutless examples of this

Well from prior experience of a similar scheme the people that lose money on it stay stumm for the one of the reasons below:

A. They feel like a complete tool that they were drawn into it.
B. They've more than likely drawn friends and family into the scheme and don't want to be associated with it anymore.
C. The scheme is still running and they don't want to speak about it to others incase theres still a slim chance they might get their investment back.
D. If anything, getting more people to join increases the chance you will get your money back and move the problem onto some other poor schmo.

Years ago it was much more dodgy, you basically flew over to Frankfurt to meet a person in a hotel room to pickup your 'investment returns'

Its gas that people are saying "I have X amount in my e-wallet, I wouldn't be surprised if the company that the cards are coming from are just fronting pay as you go Visa Cards and that company is probably connected with Banners Broker also.

In the end its nothing new, the symptoms are the same.
'Meetings' in Hotels and Community centers around the place.
The investment scheme is explained but in reality there is no scheme, just a complicated process that means pretty much nothing, people just believe its true because:

A. Real people say they got X amount of money.
B. They can see they have money in their 'e-wallet'


I remember a lad bragging to me that he had made 20k from his 5k 'investment', flew over to Frankfurt, got his case of cash all in 500 euro notes.

Brought it to the local bank, they said 500 euro notes had to be verified by the Central Bank. Sent the money off, came back that 90% of it was fake.

Bear in mind that this guy had Cash in front of him, so to be honest looking at a number on a screen with some UK based company that the FSA has never heard of, I wouldn't count it as cash.

Basically .. if they are so huge and profitable, why give a Credit Card ?
Why not just setup a holding company in the Netherlands or Ireland and do a SEPA Transfer ?

Much cheaper and faster (3 working days) and costs the same as a local transaction.