Banners Broker Scam Update

UPDATE 28/2/2013: Just days ago, BannersBroker announced the reopening of their Indian office in Goa after ‘the conclusion of a police investigation’. Once again, they have been caught lying. Click here to read the full court order, which explicitly states that the company’s accounts are frozen, and their assets remain in police custody.

UPDATE 29/1/2013: I have just posted a full Q&A session with Terry Stern, the International Public Relations Director representing Banners Broker.

BREAKING NEWS 31/12: Banners Broker’s Goa office has been raided and shut down by the police. The company has been charged under IPC section 4, 5 and 6 of the PCMC (banning) act 1978, 406 and 420. Full announcement here.

UPDATE 4/1: Amid growing speculation over the future of Banners Broker India, CEO Chris Smith has cancelled the company’s ‘World Tour’ that was originally planned to reach Kolkata in February. Smith insisted that Banners Broker is ‘fine’ during his Friday conference call. He blamed ‘a little mischief’ from an ex-employee for the criminal charges brought against the company. The investigation is still ongoing, and the Banners Broker Goan office remains closed. More information here.

* * *

In October, I made a post about Banners Broker being a suspected ponzi scheme. To say that the post has gone viral would be a massive understatement. It is currently drawing several thousand hits per day, with 357 comments and counting.

My Hate Mail has also been buzzing left, right and center.

While that initial post was designed to raise awareness of the scam, critics have said – quite rightly – that it doesn’t offer enough evidence to say, beyond any shadow of a doubt, that the program is a ponzi scheme.

Personally, I wasn’t expecting there to even be a debate. It’s pretty obvious what Banners Broker is.

But perhaps I am guilty of overlooking the fact that most people who invest in Banners Broker have no exposure to the real online advertising industry. It is not so obvious without that first-hand experience.

I’ve decided to release this second post to provide a more cohesive look at why Banners Broker stinks, and how we can make such assumptions about it being a ponzi scheme without a single piece of ‘definitive’ proof.

If you haven’t read the first Banners Broker Scam article, I suggest you start there.

Banners Broker in the Media

Before I get in to the evidence and lies, I want to address a common misconception that it is only small-time bloggers who are posting negatively about Banners Broker.

The BB apologists seem intent on tarring us all as sad-acts who have nothing better to do than watch and wait for a good thing’s demise.

I prefer to call it an investment in the public interest. Many people are going to be harmed by the collapse of Banners Broker, and it is not just bloggers who are taking notice.

The Irish media has devoured the fanciful business model after leaders Rajiv Dixit, Chris Smith and co rolled in to town for a gala last month.

Here’s some of the press coverage:

Banners Broker in the Sunday World

Banners Broker in the Sunday World

Sunday World BB

Rajiv Dixit's Pyramid Past

The next time Banners Broker tells you that the negative criticism comes from ‘bloggers with hate agendas’, feel free to ask whether they consider the Sunday World (a major Irish red-top with over 1 million readers per week) in that same category.

The History of Banners Broker

The Banners Broker you see before you today, the alleged worldwide advertising force, is quite a radical leap from the Banners Broker that was announced to the HYIP scene in 2010. Here’s Kul Josun explaining the origins of the program in a very old and very revealing video:

http://www.youtube.com/watch?v=e1e5KGw87QI

“Banners Broker: Welcome to the worlds first cycler doubler, where you can double your money without signing up one person. Join for free and change your future today.”

To all the commenters in the last post who asked for a definitive piece of evidence that Banners Broker is a ponzi scam, this might as well be it. Upon launching, they branded themselves to the notorious HYIP community as the world’s first ‘straightline’ cycler doubler.

What this means is that your payouts come from within the system (cycled) directly from sign-ups below you (a straight line).

Here’s a fun task for you:

Go to Google, and search “straightline cycler doubler“.

Here you will find a revealing look in to the world of Banners Broker before the modern narrative of an online advertising network.

Look at the early press releases, look at the very first forum posts, look at the YouTube videos. Tell me it doesn’t stink.

Now tell me why this company should be considered in the same breath as real online ad companies.

Why did Banners Broker brand themselves as a moneymaking system to the HYIP community when the nature of their alleged business model (if it were true) would be more fitting on TechCrunch?

Banners Broker Uncovers Industry Shaking Algorithm; Banner Ads Never to be the Same Again!” (Yeah, I never saw that headline either.)

The answer is because Banners Broker’s roots are tied to the shadiest realms of HYIP. Recycled cash is the real source of their revenues, not an industry-changing algorithm in the online advertising space. And that’s why Banners Broker pitched their company directly to the kind of individuals who would be looking to invest in it: amateur investors a few small worlds away from Silicon Valley.

To put it simply: they know the hand that feeds them.

And it is not advertisers.

My favourite part of this video is Kul laying the smack down on other HYIP programs, “The hype and maths don’t work. Period.” And yet, he brags…

Straightline Cycler Doubler

Seems like a legitimate online advertising company!

Seriously people, these opportunities do not exist legally. Not in this world or the next.

Anybody who tries to convince you of such BS should be red-flagged and banished from business conversation for the rest of his days.

Before you invest in the next get-rich-quick program (or Banners Broker if you are new to the idea), consider that the world’s greatest investor – Warren Buffett – has written his name in to history by producing an average annual return of just over 20%. A staggering feat in the investment arena.

Now ask why Warren Buffett isn’t investing in the ‘stock’ of Banners Broker panels, a program that the apologists claim can deliver an upwards annual return of 300%.

The answer is because Warren Buffett prefers to work with real companies, not smiley faced Primark suits fresh off the back of a ‘World Tour’ lorry.

Chris Smith… The Man, The Myth, the Stock Photo

In the video above, you will notice that it introduces Chris Smith as the mathematical genius behind Banners Broker. Except that isn’t the same Chris Smith who can be found travelling the world today.

In fact, that Chris Smith is a stock photo that can be purchased for £18.00, which was evidently too much for “We Are Cash Rich” Banners Broker as they have cropped it above the watermark:

Chris Smith, Changing Skins

Small details, guys.

I hate to point out the sheer unprofessionalism of this company by resorting to stock photo CEOs, but it goes a long way to understanding the bigger picture. We are dealing in smoke and mirrors.

Nothing is ever what it seems with Banners Broker.

“In Defence of Banners Broker…”

You may have seen this article, Debunking the Scam, that attempts to explain – in Clickbank sales letter form – ‘how the Banners Broker model works’. It has become the Bible of Cult BB, a source that is supposed to deflect all criticism. There’s just one problem: it’s a steaming pile of you know what…

Let’s look at some of the points raised:

From Debunking the Scam

So the product of Banners Broker is: Advertising Impressions.

The end user – the advertiser, who never sees or hears of Banners Broker, gets ad space that hosts his advertising, and visitors to the various websites where that ad is displayed, see that ad.

There’s the product.

Hold on, hold on. WHAT? This is one of the stupidest defence arguments I’ve ever heard.

The advertiser never sees or hears of Banners Broker?!

That’s a pretty dumb theory considering an advertiser needs to sign up through BannersBroker.com before he can use the advertising system. Or is that just there for show?

The purpose of Banners Broker is to act as the middleman and broker ad impressions. We already know that Banners Broker gains access to publisher websites by brokering through Clicksor as a reseller (see this description).

Note here, “Selling traffic has not been this easy before. Become a Clicksor authorized reseller now and experience the simplicity in selling traffic to your advertisers.

Clicksor provides the publishers. It’s up to Banners Broker to provide the advertisers, which is the whole god damn point of reselling. The fruitcase above has clearly not understood this when he comes out with tripe such as “the advertiser never sees or hears of Banners Broker“.

I mean, come on dude. Does the following link mean nothing to you?

http://bannersbroker.com/main/advertiser

I suppose the advertiser has to sign up wearing a blindfold then?

Or is – as I somehow suspect – the argument designed to distract our attention from the fact that not a single Banners Broker advertiser is known to exist?

Moving on to his next crazy suggestion…

From Debunking the Scam

Banners Broker is just what it says – a broker in the banner advertising field. A unique broker – unique in that no one else does what they do.

What’s a broker? The dictionary says: “a broker is a person who buys and sells goods or assets for others.”

Banners Broker “brokers” in a slightly different way than has been done before on line… here’s an overview:

There is a network of websites and advertising companies that comprise what is called the “Blind Network”(Click here for definition) (an Internet ad industry term).

Note, that I didn’t say – Banners Broker operates within a Blind Network.
They operate within T-H-E Blind Network.

The same Blind Network that millions of advertisers and publishers already operate within.

The same Blind Network that successfully generates BILLIONS of Dollars of revenue every year.

This isn’t something invented by someone to trick you – it’s how the on-line advertising industry works – (so how can these so called “insiders” be inside anything but their own rear ends?)

Let me keep this short and sweet. There is no such thing as ‘THE Blind Network’.

If ‘THE Blind Network’ is real, and Banners Broker operates within ‘THE Blind Network’, who else operates in ‘THE Blind Network’? What is ‘THE Blind Network’?

And if Banners Broker is a pawn in somebody else’s ‘THE Blind Network’, what makes their business model so special that it can’t be replicated by a competitor? Ever heard of the law of competition? Unless Banners Broker took out a patent on banners, we need to have a serious adult discussion.

If we are to believe the margins – eye-watering as they are – why isn’t every single broker in the world rushing to be a part of THE Blind Network?

Answer: There is no such thing.

This idiot then goes on to contradict himself by saying that Banners Broker operates in the same Blind Network as millions of other advertisers and publishers.

So what is its competitive advantage?!

Again, no mention of what this Blind Network actually is, or who runs it… Who needs details, right?

Note on the author: Seriously, who hyphenates “on-line“? Can we really trust that this guy has departed the twentieth century? Maybe the Millenium Bug struck after all.

In a recent development, Banners Broker has debunked any suggestion that it is ‘THE Blind Network’.

The Blind network is NOT created/nor owned by BB, but controlled by 10 other brokers, including Google.

I’m sorry, but this explanation is also a pile of steaming BS. Are we to believe that Banners Broker is brokering ad sales through Google, now? Complete rubbish. Google does not need a company like Banners Broker. It has its own properties to handle publishers and advertisers: AdSense and AdWords. There is no ‘broker’ middleman.

The Choice Network… Now Comes Served With Ads (Or Does It?!)

A key point in my first post on Banners Broker was that the so-called Choice Network was no more than a damp fraudulent squib. The websites in the network clearly belonged to Banners Broker, and none of them had advertisements from legitimate companies.

Well, there must be pigs flying in the sky, because the BB apologists are telling me that the Choice Network is now fully operational, and filled with real ads from real companies.

I took a few minutes to verify their claims, and sure enough, ads from reputable companies are now displaying:

WillHill ads

Hold on, though. Before you get excited, we should know better than to take what Banners Broker says or does at face value.

Is this advertising campaign really running through the Banners Broker Choice Network?

No, it’s not.

Banners Broker is serving these ads from ox-d.bannersbroker.com, which can be IP traced to New York City where the server is owned by OpenX Technologies:

OpenX Technologies

OpenX is a powerful ad exchange that offers publishers the chance to sell their own inventory, or broker through the OpenX Market where a number of renowned brands can pick up the scraps. Brands like… WillHill.

It’s debatable whether Banners Broker invested in the Enterprise Edition or the Free Version (for hobbyists), but what certainly isn’t debatable is the fact that these ads you see on the Choice Network do not come from advertisers signing up to BannersBroker.com.

They are sourced from the OpenX Market, probably as remnant traffic.

You could sign up to the same service today and have your very own ‘Choice Network’ up and running in hours.

One thing is for certain, you will soon see that actually, yes, it is possible NOT to make money with the Banners Broker system. The real one, anyway. These ads produce only an industry standard return, nothing like what would be required to turn a bunch of third party investors in to millionaires.

So, what are we to make of all those months where the Choice Network was stuck in ‘Test Mode’? I guess that’s how long it took BB’s in-house programmers to configure OpenX across their portfolio of dud sites.

Changing the face of the online advertising industry?

Yeah, that might take a while.

Note: Thanks to the helpful peeps over at RealScam for piecing together this latest lie. They’ve been tearing the scheme apart with much greater dedication than myself!

Once again, we could forgive the lies surrounding the Choice Network if the flagship Blind Network delivered on its promises. But it doesn’t. And one begins to question whether it ever will…

An Update on My Experience as a Blind Network Advertiser

How many BB investors have actually advertised on the Banners Broker Blind Network? I know a lot of them like to talk about it, as if it’s some kind of revolutionary invention.

But have they actually tried it?

I have.

In my first post, I mentioned how I had setup a campaign on the Blind Network. 7 weeks later, I decided to login and see how my campaign had performed. Boy, what a disappointment.

After negotiating the new security gateway…

Dave

(Seriously, who asks for FIVE security questions? Even my bank only needs two. I guess they’re harvesting security answers as well as passports these days…)

I finally reached the reporting section for my test campaign…

Blind Network Test

Yes, in over 7 weeks of running a broadly targeted campaign on the Blind Network (one category in the UK), I have received a grant total of 866 impressions! That’s a total advertiser spend of just over $0.86 in 7 weeks.

If Banners Broker can’t send 1000 impressions of traffic to a UK campaign in 7 weeks, how in the name of Lucifer’s balls is it able to generate hundreds of millions of dollars in revenue?

Tell me, apologists! How does an advertiser spend millions of dollars on this platform when I can’t even spend ONE dollar in 7 weeks?

What you see above is the Banners Broker’s take on a ‘campaign report’.

So, let’s say I’m a professional media buyer.

Where do I find my breakdown of performance by creative? By channel? By hour? Where do I exclude targets (a damn near critical option for blind networks)?

Banners Broker tells the world that it is paying millions of dollars to its affiliates. Maybe that is the case. But the money is damn sure not coming from advertisers. I beg anybody to test this joke of a system and tell me otherwise.

Banners Broker and Clicksor

If we crawl through the heaps of misinformation on how Banners Broker actually serves its banners, it becomes clear that the company is brokering through Clicksor (a broker within a broker, if you will).

Clicksor is a legitimate company that I have worked with in the past. I’m sorry for sullying their names in the same sentence as Banners Broker, but we have to point out some crucial information:

In the latest 2011 data, Clicksor’s parent company Yesup Ecommerce Solutions Inc posted annual revenue of $17.5 Million dollars.

And yet Banners Broker claims to have paid out over $100 Million dollars, by brokering through Clicksor.

HOW?

Why is Banners Broker’s $100 Million in affiliate payouts not reflected in Clicksor’s accounts? They are receiving the same advertiser trade and they are further up the chain.

We would have to assume that Banners Broker is the only company working with Clicksor, and that Clicksor is the only part of Yesup producing revenue, and even then the maximum revenue pales in significance to what Banners Broker claims to be paying out to its affiliates. The markup must be astro-bloody-nomical.

It’s an economical impossibility.

Which is why Banners Broker has acted quickly to change its story.

David Hooker, BB’s latest snake-oil man, addressed this issue directly at the recent Irish gala.

The Empower Network reports:

“His presentation consisted of filling us in completely on how the Blind Network works and how it has 10 major Brokers running it. How Banners Broker linked up with the smaller of these Brokers (Finch: He stresses ‘smaller’ for good reason. He knows the previous numbers and ‘direct relationship’ clearly identified their model as a fraud)) and how now one of the largest Brokers has given green light to link with them. Chris later said that the linking up of software is almost complete and they will soon be good to go.”

If you know anything about advertising through a blind network, this is pretty hilarious.

  1. What advertiser in his right mind is going to work with a broker that re-brokers through any 1 of 10 different networks? Why would the advertiser not just go direct to his broker of choice for half the price… and, screw it, some actual control over his ads?

    It’s like me saying, “I want you to give me £1 for an ice cream that we both know you can buy for 50p. Except, I’m not even going to let you decide which ice cream you have. I’ll take that extra 50p and pick whichever of the 10 vans I want to buy it from (even though you may have a preference!). Then I’ll go to a bunch of investors and pitch them my breakthrough idea on the basis that brokering ice cream is the “next big thing” and billions are made every year by doing so. How about we ask for £3000 for the Black Cone Package – ‘Double your Cornettos, Magnums, and Twisters in a month!’ Yeah, pop-business. The proles will love that.

    There’s a problem with the model. People aren’t stupid! They know where they can get their ice cream for 50p, and they are not going to pay you double for less choice and poorer service. The same applies to the Banners Broker business model. Advertisers are not stupid. They are not going to pay Rajiv Dixit and Chris Smith more money in return for less ads and less control over where they appear.

  2. In any case, who are these ’10 major brokers’ that Banners Broker has suddenly started working with? Why no names?

  3. Tell us David, has Clicksor become the “smaller of these brokers” because you’ve been found out – publicly – by claiming to send your traffic through a network whose parent company reports only a tiny fraction of your own claimed revenues? I guess if you announce “10 major brokers” (conveniently without naming them), we can’t look in to their much more transparent workings and directly shoot your bullshit down for what it is.

It’s pretty obvious, isn’t it?

This is a lie aimed squarely at the bullet holes shot in the previous lie.

Note: We know that Banners Broker has been brokering solely through Clicksor because publisher.bannersbroker.com can be IP traced directly to a Clicksor server. Good luck split testing that with your 10 other brokers!

Get Paid by Turtle Mail

When working with reputable companies, you expect to also deal with reputable banks.

When working with Banners Broker, that is not the case.

Withdrawal requests are handled in one of three ways:

  • The pre-paid BB card
  • Solid Trust Pay (STP)
  • Payza

The withdrawal methods vary from country to country, but it’s immediately clear that accessing your funds is not going to be as easy as it should be with a world renowned advertising company. There are no cheques, no direct deposit, not even a PayPal option!

With all due respect to Solid Trust Pay and Payza, their brands are known for dealing with the type of Internet businesses that can’t get approved anywhere else. They are staples of the HYIP community. And as for the pre-paid BB card (for some investors, their only option), this is the equivalent to being paid in cash.

You might as well be receiving an iTunes gift card.

Hey, give it 3 months and that will probably be the only payment option left.

There is absolutely no excuse for:

  1. Withdrawal methods that require the user to jump through hoops with notarised ID before he can get his money.

  2. Taking weeks, sometimes months, to process the bloody transactions in the first place. All the while charging the user on time every time for admin processing fees and traffic packs.

Banners Broker will take your money, but pay you only when they feel like it.

Which soon will be never.

They claim that their payouts are running smoothly with minimal backlog. A quick search of the Internet and that is clearly not the case. Selective payments rule the day.

The Tax Conundrum

A wise man once said, “The only thing certain in life is death and taxes.

All money earned through Banners Broker is taxable, even the money that you haven’t yet withdrawn. Yes, your total account balance would be considered a form of stock in the eyes of the exchequer.

This leads to the rather awkward situation where Banners Broker investors need to be paying tax on income that they haven’t yet received. Failure to do so is in clear breach of the law (I’m referring to the UK, you will need to research this if you live elsewhere).

Let’s get this straight…

You are liable to pay tax on ALL of your “My Total Earnings” minus the costs accrued from account fees and buying traffic packs.

Your account might look like this:

Total Earnings: £15,000
Withdrawals So Far: £2,000
Invested in to the System (Total Costs): £3,000

Total Earnings – Total Costs = Taxable Profits
£15,000 – £3,000 = £12,000

Basic Tax Rate is 20%
(£12,000 x 0.20) = £2400 now due in tax.

So let’s say you have managed to withdraw £2000 from Banners Broker. You now need to pay the taxman £2400. Doesn’t sound like such a good investment, does it?

You are at a loss.

It’s not going to get better either! The Banners Broker system is designed to exponentially increase your My Total Earnings while allowing you to withdraw only a small fraction of your funds. It’s a bait ploy. But fatally, it assumes that you are the kind of person who doesn’t bother paying tax.

Well, do you?

With the January 31st deadline for self-assessment rapidly approaching, there are a lot of Banners Broker investors that are now required by law to hand ALL of their profits to the taxman while waiting for Banners Broker to pay the rest of their earnings.

Will that happen? Of course not.

If you don’t care about being involved in a ponzi scheme, I highly doubt you care about paying your taxes. But you should start thinking about it.

Lies, Lies, and More Lies

Troy Dooly recently posted an article on MLM Helpdesk writing off Banners Broker as a ponzi scheme. Here’s how Banners Broker chose to deflect the criticism:

Banners Broker Troy Dooly

Yes, by falsely claiming that the article was written in an attempt to extort money in return for deletion.

Talk about a stroke of twisted genius. I hope Troy sues.

Here’s more from David Hooker on the subject of us pesky bloggers speaking critically of Banners Broker:

The Empower Network reports:

“He also talked about how he tackled the bloggers that were writing negative stuff. One was a friend of his and wanted Banners Broker to pay him £900 to correct his negative story!!!!

Another one, when offered the chance to come to BB International to see for himself what Banners Broker does, declined, and said he was broke!”

Hooker wisely opts not to name any names. If he did, he’d be sued to Kingdom Come.

This is the current tactic for deflecting criticism: accuse the blogger of trying to extort money. Well, if I hear even the slightest whisper that this article is written to extort money, I’ll be unleashing a lawyer so far up David Hooker’s arse that his next rousing presentation is delivered directly to a judge.

I guess rejecting all criticism as an attempt at extortion sums up the state of mind at Banners Broker HQ perfectly. What are they scared of in there?

Common Misconceptions

Let’s play some FAQ with the common responses from BB apologists. If you read the comments from the last post, you’ll already be familiar with the holding patterns and the dumbfounded logic.

I’m making XXXX/month from Banners Broker. It’s negative people like you who will never make money online! I’ve quit my job already!

I’ve said it so many times that my fingers are starting to resent the same keyboard bashing:

The fact that you have made some money from Banners Broker does not mean that it is anything less than a ponzi scheme. It just means that you are luckier than the poor suckers further down the food chain.

Important! The high balance in your account does not mean that the money is yours. It is text on a screen. A promise in a hurricane. The money is only yours when it lands in your bank account and for most people, this is the where the frustration begins.

Money withdrawal times are increasing. Payout methods are decreasing. Excuses are growing more and more ridiculous by the day.

Just because a page in cyberspace says that you have $17,000 waiting for you on the other side of the rainbow, that does not make it so. Weigh up how much money you have invested versus how much you have withdrawn. Now do an honest appraisal of the situation: “Have I really made money here? Or have I inherited a gigantic stack of IOUs?

But I’ve met Chris Smith and Rajiv Dixit in person! A scammer would never show his face in person.

If you believe this, God help your wallet for it is ripeth to be plucked.

History is littered with ponzi schemers that travelled the world to sweet talk their prey. Take a look at Bernie Madoff. He hardly lived in the closet.

Why would a ponzi scheme go on a World Tour if it wasn’t credible?

Good question.

Let me rephrase it.

If Banners Broker is truly about a revolutionary advancement in the online advertising industry, why is the company touring for investors instead of advertisers?

It is advertisers who make the BB world spin round.

They are the ‘alleged’ heart of the business, the rainmakers if you will.

So why is there no evidence that a single Banners Broker advertiser exists? Why does Banners Broker spend its days trawling the world for fifty buck investors when its the big brand advertisers that pay the bills?

This company cannot survive without recruiting a large number of the most reckless advertisers under the sun (who also conveniently have the most extravagant budgets).

How do they recruit these elusive, nonchalant big-spenders (who don’t care which of the 10 networks you throw their ads on for twice the price)?

It’s certainly not by going on tour at advertising trade shows, or reputable conferences, or by offering a single interview to a reputable trade journal.

No, no.

The CEO of Banners Broker prefers to spend his time sharking across the dancefloor at Irish galas, eyeing up the next Primark suit for a Yellow Panel bonanza.

Chris Smith's lucky day
Sourced: http://www.realscam.com/f8/banners-broker-hyip-ponzi-scam-897/index123.html

He calls it networking. I call it a waste of bloody time for somebody who *allegedly* has much bigger fish to fry.

You don’t find Zuckerberg skirting for fifty bucks on the outskirts of Mumbai.

How can it be a ponzi? It doesn’t require referrals. I can make money without referring a single soul!

Practically every big player in Banners Broker is sitting on a mountain of referrals. It is the secret sauce behind their incomes.

True, you don’t have to refer people to join the program. But at this stage in the game, you are going nowhere fast if you choose to sit still, waiting for your panels to progress. This program is designed in such a way that dragging in more investors is the safest way to guarantee your own investment.

If you think the program can survive without referrals, you might want to consider this latest nugget from the Banners Broker blog:

“BB will be around as long as affiliates want to remain a part of the program”

Freud must be smiling in his grave.

Banners Broker is approved by MasterCard. Do you really think MasterCard would approve a ponzi scheme to use their cards?

This is such a nasty little lie that Banners Broker has been forced to tell its affiliates that, actually, there is no approval from Mastercard, and indeed no backing whatsoever. Banners Broker buys its pre-paid Mastercards from Vector, an independent reseller.

If you think there is a legitimate relationship between MasterCard and Banners Broker, I would advise that you keep it to yourself. Banners Broker are now so hypersensitive about this damaging lie that they are terminating the accounts of users who imply any such relationship exists.

If it was really a scam, it would have collapsed already.

There are some ponzi schemes that have lasted 20 years and there are others that have crashed and burned in 20 days.

If you believe that size or longevity defines a ponzi, let me assure you: it doesn’t.

It only defines how memorable the ultimate collapse will be.

In Summary: What is Really Happening?

For those of you who don’t have the time or attention to read all of the above, here is the bullet point breakdown of what is currently happening with Banners Broker, and what you can expect to happen over the coming months.

  • Your Panel Movements Will Grind to a Halt – Thousands of BB members are already reporting that their panels have been static for days, and that they have been slowing over the last few weeks. There’s a very simple explanation for this. Banners Broker doesn’t have the cashflow to pay what it owes, or to deliver the returns that it is promising you. Certainly not over the Christmas period where members are rushing to withdraw. Your panels are going to move slowly probably for the rest of Banners Broker’s very short-lived existence.

  • Withdrawals Will Continue to Take Forever – It’s not going to get better. The Banners Broker program is showing severe signs that it is overstretched. You don’t need me to tell you that withdrawal times are getting worse. Compare them to six months ago.

  • More ‘World Tours’ – Banners Broker is losing the online battle for publicity (with articles like my last swamping their brand at the top of Google), which is why it is throwing resources in to offline ‘tours’ as a means of recruiting new investors. This looks set to continue in to the new year with a tour of India planned. Will Banners Broker make it that far? I couldn’t possibly say. But if you’d like a long list of ‘deeply troubling questions’ to ask them in person, feel free to email me.

  • The Press Will Continue to Circle – The Sunday World has reported three negative stories in three weeks on Banners Broker. The Irish Examiner is also chiming in. I know for a fact that at least two major UK newspapers are interested in the fate of the scheme, as I’ve been speaking to them personally. Expect to hear lots more negative press about Banners Broker in the following weeks. The knives are being sharpened from all angles.

  • The Trolls, Shills & Pimps Will Blitz the Comments – The slightest hint of criticism and they always do. Just ask yourself, “What is their motivation?” If they were really making money from Banners Broker (and I’m sure some of them are), why do they care what anybody else thinks? The reason they defend this program so devoutly is because their future income depends on it. I hope that this post convinces you to think twice about your own.

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?

The existing business model is riddled with flaws and impossibilities. There is simply no way that the money being paid to investors could have been delivered by online advertisers in the model that Banners Broker is claiming. Zero chance.

And that’s where this research ends.

If you believe that Banners Broker can operate as something other than a ponzi scam and deliver such spectacular returns, you are welcome to carry on believing, to keep on throwing your savings at the cause.

If, like many, you are coming to suspect the workings behind Banners Broker for something more sinister, you may wish to cancel your ticket to the BB World Tour, roll out your mock-Bannatyne accent and repeat this loud and clear:

I’m out.

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About the author

Finch
Finch

Hi, I’m Finch. A 26 year old high school dropout (slash academic failure) who makes a lot of money from the Internet.

  • Ditto Ditto

    Nice blog. Hope to hear more about the newspapers and their interest in BB. Keep up the good work. Agree with your conclusion as well. Looks like a duck, quacks like a duck, walks like a duck, poops like a duck… hmmmm it’s a duck.

    DD

  • http://jamiefarrelly.com Jamie

    One of the best posts I’ve read in a long time. I genuinely feel sorry for the vulnerable people who get sucked in to thinking that BB is an easy way to make a fortune.

  • http://www.philhendy.com Phil Hendy

    Great blog.

    It is amazing how easy it is to debunk Banners Broker. With such a veiled, hidden business model it does not defend itself well at all.

    keep up the good work.

  • http://www.realscam.com/f8/banners-broker-hyip-ponzi-scam-897/index79.html#post33201 Julie Diligent

    Bravo, Finchy! Bravo!

  • Alex

    Ok let me clear everything now, because i dont want to read this crap again.

    I will quote here Finch’s words and of course answer to them

    1
    .”In October, I made a post about Banners Broker being a suspected ponzi scheme. To say that the post has gone viral would be a massive understatement.

    It is currently drawing several thousand hits per day, with 357 comments and counting.”

    You havent created a post about BB being suspected. You claimed ITS A SCAM! Do not let it affect you! And after we prooved you have made poor research,

    now you just “suspect”.. ok
    Yes its drawing several thousand hits per day, because this is your blog for. To bring traffic, not to say truth. Big difference

    2.
    “The next time Banners Broker tells you that the negative criticism comes from ‘bloggers with hate agendas’, feel free to ask whether they consider the

    Sunday World (a major Irish red-top with over 1 million readers per week) in that same category.”

    The same “type” of media are telling that Cristiano Ronaldo go to Manchester City, then after 2 days they claim he is being transfered to Paris Saint-

    Germain, and after all of this, someone asks Real Madrit about it, and they answer “wtf, there wasnt even any idea of transfers like that”.
    Sunday World is just a TABLOID. Its same as your blog, Finch. You have many visitors too, even if your content is full if bullshit

    3.
    “Upon launching, they branded themselves to the notorious HYIP community as the world’s first ‘straightline’ cycler doubler.
    What this means is that your payouts come from within the system (cycled) directly from sign-ups below you (a straight line).”

    No you are wrong. Cycler doubler means DOUBLED MONEY OVER SOME PERIOD OF TIME. It doesnt mean the payouts come from withing the system.
    Also they have done a mistake named it like this, and after few months they added few lines to their users agreement, that talking about BB using words

    like “cycler, investment, hyip” is forbridden and may couse your account suspended.

    4.”Look at the early press releases, look at the very first forum posts, look at the YouTube videos. Tell me it doesn’t stink.

    Now tell me why this company should be considered in the same breath as real online ad companies.

    Why did Banners Broker brand themselves as a moneymaking system to the HYIP community when the nature of their alleged business model (if it were true)

    would be more fitting on TechCrunch?”

    First of all Josun Kul doesnt work for Banners Broker any longer, so all his words cant be treated as a WORDS OF A COMPANY.
    Second, do you even know what is hyip? I mean a meaning of word. Its high-yield investment program, and i think that Banners Broker is a program like

    this. It gives high yield, but it has nothing to do with ponzi scheme. Also i will say one more time, you cant compare all big companies to banners

    broker. They started with BB v 1.0 which was looking really poor and i wouldnt join them those days. But when you start from 0, you need some time to

    complete job right? Now they have made a big jump, and i think even the greatest ponzi cheaters wouldt do this so global with meetings in real life and

    introducting program.

    5.
    “In the video above, you will notice that it introduces Chris Smith as the mathematical genius behind Banners Broker. Except that isn’t the same Chris

    Smith who can be found travelling the world today.

    In fact, that Chris Smith is a stock photo that can be purchased for £18.00, which was evidently too much for Banners Broker HR as they have cropped it

    above the watermark”

    lol this one is funny :D Everybody knew this is a photo of some model. You thought this white guy is really chris smith? :D so Funny.. Its really clear

    that he doesnt wanted his face to be published online. I wouldnt want to post my photo in public too. After BB grown bigger and bigger, his REAL photo

    started to appear. Its totally normall. Anyway photo of this model can still be seen in webinars of Banners Broker. Its like a visiting card for ppl.

    You think a person you see for example in advert of BMW cars, is really a worker of BMW? Damn.. even 10 years old kid know that.

  • Alex

    ok i created 14 points but i cant post any more here.. some technical issues o.O i will post later

  • Genady

    BB is not only the scam but one of the worst kind.Fraud of such dimensions and proportions is evil pure.Endless perfidius,nasty.I do really hope it will collapse in near future.The facts brought by you are of great importance as they reflect the healthy working mind.Thanks for the great work done and priceless contribution for the truth and prosperity

  • Genady

    Thanks Alex.Isn’t the best way to uncover the scam,just let the scam defend itself?Throw liquid in fire and you will know instantly is it water or petrol.The good thing is :Scammers have no choise

  • Theseus

    Alex, reading your diatribe makes my head hurt, but nonetheless let me wade through the merde and pick out one point at random…

    ” You thought this white guy is really chris smith? so Funny.. Its really clear
    that he doesnt wanted his face to be published online. I wouldnt want to post my photo in public too. After BB grown bigger and bigger, his REAL photo”

    So, if the “real” Chris Smith doesn’t want his photo published online who is the roly poly black man that stands up on the podium at all the BB events, with “Chris Smith – founder” writ large above him?

    Honestly, give up, there’s nothing you can do are say that’s going to make you look any less foolish than you already do. If you have money tied up in this mess, which I suspect is the case, try and get it out, salvage what you can and fade away quietly.

    If only for my sake, *please* don’t come back and attempt to continue arguing the point, it makes me feel like I’m picking on a mentally challenged 5-year old.

  • Theseus

    That wasn’t actually what I meant to say, what I originally planned to write was…..

    Well done, Mr F, nail hit squarely on the head!

    I really, really can’t wait to witness the quality of rebuttals this will generate from the BB faithful. Who knows, perhaps they’ll even have managed to get their “legal team” together and there will be one of those free legal aid-type cease and desist letters winging its way to you as I type.

    If there is, please don’t forget to publish it here :)

  • http://www.imimpact.com Paul McCarthy

    Alex I’m not sure if you’re a fool or a troll?

  • Alex

    5.
    “In the video above, you will notice that it introduces Chris Smith as the mathematical genius behind Banners Broker. Except that isn’t the same Chris

    Smith who can be found travelling the world today.

    In fact, that Chris Smith is a stock photo that can be purchased for £18.00, which was evidently too much for Banners Broker HR as they have cropped it

    above the watermark”

    lol this one is funny :D Everybody knew this is a photo of some model. You thought this white guy is really chris smith? :D so Funny.. Its really clear

    that he doesnt wanted his face to be published online. I wouldnt want to post my photo in public too. After BB grown bigger and bigger, his REAL photo

    started to appear. Its totally normall. Anyway photo of this model can still be seen in webinars of Banners Broker. Its like a visiting card for ppl.

    You think a person you see for example in advert of BMW cars, is really a worker of BMW? Damn.. even 10 years old kid know that.

    6.
    “Hold on, hold on. WHAT? This is one of the stupidest defence arguments I’ve ever heard.

    The advertiser never sees or hears of Banners Broker?!

    That’s a pretty dumb theory considering an advertiser needs to sign up through BannersBroker.com before he can use the advertising system. Or is that

    just there for show?”

    I can honestly say i still have some doubts about this system, but mostly because i dont work in this industry, and i wont say much about this system,

    since i dont understand it 100%. But i know ppl were doing their blind network campaigns with for example “just been paid” banners, and they get new ppl

    registered from different region of the world ( like africa or south america ). So this blind network works. Also there are a lot of ads over the

    internet, that arent hosted by google. So they need to come from some place, arent they?

    7.
    “One thing is for certain, you will soon see that actually, yes, it is possible NOT to make money with the Banners Broker system. The real one, anyway.

    These ads produce only an industry standard return, nothing like what would be required to turn a bunch of third party investors in to millionaires.”

    I said many times that choice network is just “future plans”. This choice network doesnt give investors money. It gives organic traffic, not money. We

    are making money on ad space in blind network and impressions.

    8.
    “In the latest 2011 data, Clicksor’s parent company Yesup Ecommerce Solutions Inc posted annual revenue of $17.5 Million dollars.

    And yet Banners Broker claims to have paid out over $100 Million dollars, by brokering through Clicksor.”

    Where banners broker claim to have paid out 100 milions $ from brokering through Clicksor? Oh well “you think they claim”. Its major difference.
    Also they never said they paid out 100 millions dollars. Who said it to you? They GAVE A COMMISION worth of 100 millions dollars. So 100 000 000 in

    panels, that work. Withdrawals is something completly different.

    9.
    “What advertiser in his right mind is going to work with a broker that re-brokers through any 1 of 10 different networks? Why would the advertiser not

    just go direct to his broker of choice for half the price… and, screw it, some actual control over his ads”

    Why I cant run my car using water instead of gasoline? Dude, since you dont work in advertising industry ( even if you think you know everything about

    it ), there are some internal informations that you dont have entry. So maybe you are right, but its same as me asking you why i cant run my car with a

    water. For example i dont know shit about car’s engine, so for me water is cheaper and would be better to use it to car engine…

    10.
    “In any case, who are these ’10 major brokers’ that Banners Broker has suddenly started working with? Why no names?”

    Why would they give you any names? Whats their point in doing this? You want everything clear like a mountain river, and you act like a child. I WANT TO

    KNOW EVERYTHING GRRR! ITS SCAM! They just have some point to keep important things related their business in shadow, and its normal for all business

    companies.

    11.
    “The withdrawal methods vary from country to country, but it’s immediately clear that accessing your funds is not going to be as easy as it should be

    with a world renowned advertising company. There are no cheques, no direct deposit, not even a PayPal option!”
    You can withdraw money by a bank wire too.. poor research, again..

  • Alex

    damn i created big post that totally DESTROY finch’s work here, but i cant post it, if anyone interested gimme your mail.

    Anything ive made with BB already good money, and i will post here screenshot with another withdrawal to my BB card :)

    I am waiting for my 800$ :)

    Oh and ive already done like 1000% on BB or even more,

    I love Banners Broker :)

    Finch, still no proove… Will there be article number 3 ?

  • Alexxx

    damn i created big post that totally DESTROY finch’s work here, but i cant post it, if anyone interested gimme your mail.

    Anything ive made with BB already good money, and i will post here screenshot with another withdrawal to my BB card

    I am waiting for my 800$

    Oh and ive already done like 1000% on BB or even more,

    I love Banners Broker
    Finch, still no proove… Will there be article number 3 ?

  • Alekx
  • Adam

    Finch, please block this fool Alex. I understand the need to allow both sides of the argument, but he’s clogging the comment thread with pure garbage.

  • Ray

    Finch, if you can get eyeballs for uncovering MLM scams, you my friend have a goldmine.
    Any attention is good, “Trust Me I’m Lying” <– google that

  • Alan

    Alex,
    Feel free to post your proof at my forum for all to see…

    Moneymakingexperts.org

    You will find my banners broker threads there

  • brenie

    Nice work Finch,

    rofl …. totaly destroy what Alex your dream …. you keep asking for proove well explain THE BLIND NETWORK you operate in and don’t comme again with you foolish link ;) and you know what everyone is REALY GOOD IN AT BB there are 10 major blind network BROKERS ( no names ) 9 said NO 1 minor broker said lets give it a try ( again NO NAME ) why is it so hard for a wonderfirm like BB to comme out and tell us who they work with …. who they get adverstising from , that keeps his adres of the brand new 24000sq foot HQ a secret ….. that starts a company but his CEO doesn’t want to be on the video and use a model …. and so on …. you take money out of BB great for you …. THAT IS YOUR BIG PROOVE isnt’ it doesn’t mean annything …..

    and you are a real joke man

    You think a person you see for example in advert of BMW cars, is really a worker of BMW? Damn.. even 10 years old kid know that.

    if the pesons you see in the ad claims to be the CEO of BMW i bet you he will be the CEO of BMW does this make you younger then 10 now ???

    kind regards brenie

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Finch: An awesome post and thoroughly researched.

    You have to understand that the members of these Ponzi’s are trained/brainwashed into believing people who do criticize are either: jealous, dreamstealers, losers, lazy, nit-pickers, can’t understand the program, afraid to take risks, don’t want to see the little guy win, only the founders and the people in the program know how the program works, and the list goes on and on. They have without being aware become a member of a cult-like organization.

    Alex is a case in point. He doesn’t even understand what a straightline doubler is and how it works, but here he is trying to defend that BB wasn’t a straightline doubler. He also seems to be behind the times because Kul is now back in the fold. Guess he has missed all the new and “exciting” updates. Wonder what his take is on Ian and his wife being canned?

    But here is another nail in the coffin for BB. They are taking the stand that if you (member) say anything negative about BB, they will freeze your account and keep the money. Now stop and think about that for just a moment.

    It is no secret that Microsoft has a lot of very upset and angry customers. Now imagine that Microsoft announced that starting immediately they were going to cancel access to their software to all their customers who say anything bad about Microsoft. Do you really think that would last for more than a minute before the Feds would be all over them, let alone all the class-action lawsuits?

    Keep up the good work and keep the heat on this blatant Ponzi.

  • Della Cate

    Excellent and informative article again Finch. Thank you. The tax angle is especially relevant since I’ve heard adverts on the radio advising that the tax man is coming after people with undeclared income!

    I find this whole thing fascinating. I have been reading various blogs and postings on the internet, for and against BB, but nothing I have read has in any way removed my doubts about this.

    For me there are just too many questions that remain unanswered to my satisfaction. There are just too many “friend of a friend” stories going about – the pro-BB lobby ALWAYS know someone who is taking lots of money our of BB, but it is very rarely them, always someone they “know”. I also find it unpleasant when people say they don’t care if it is a scam, they don’t care what it is, as long as they make money out of it! It all reminds me of the Harry Enfield character from the 80′s, Loadsamoney. Not nice.

    I am interested in the way people buy into this idea and defend it to the hilt, often in shrill and beligerent tones. I am currently reading a book called “Don’t get fooled again: The sceptics guide to life” by Richard Wilson. He says this about groupthink:-

    “Through a strong sense of loyalty to our peers, deference to authority figures within the group, a demonised view of outsiders, and a nagging fear of being excluded, we can start to develop a highly distorted view of reality. Any evidence that calls group assumptions into question is quickly rejected without proper evaluation. Bogus assumptions that confirm group identity are accepted uncritically. Doubters and dissenters are stereotyped as weak, disloyal or ill-intentioned”

    Make of that what you will, but in my view, it’s very relevant.

    My friends have not invested in BB to date, although one of them remains a bit tempted by it. I still think there are better places for them to put their money.

    I don’t think it is impossible to make money with BB – at least,if you get in it early enough.Whether that is real money or just numbers on a page, only time will tell. I just do not see enough evidence of hard cash in people’s hands.

  • http://www.businessforhome.org/2012/12/banners-broker-review-2012/ tillymint

    Superb post mate, really thorough!

    If this post just stops one person from throwing their money away on this massive bannersbroker ponzi then you have done good!!

    A good friend of mine signed up to BB (without my knowledge) about a year ago…

    Saw him a few days back. He’d been to the recent BB cult meeting in Dublin and he’s now on a renewed mission to help everyone he knows (including lucky old me!) make loads of easy risk-free money, drive ferraris, give up their crappy jobs blah blah and bullshitting to me how he’s currently making $20000 a month (he still claims disability living allowance btw lol). Seriously, he came across like a scientologist on speed so utterly brainwashed was he by these scammers. Needless to say, I declined his kind offer of unlimited wealth.

    I spent over an hour, as a concerned friend, trying to explain to him why Bannersbroker is SCAM. No surprise, all my words of reasoning and advice fell on deaf ears…

    He then showed me his BB ewallet. Turns out he has made a ‘profit’ with BB. He had $115000 ‘earnings’ and he has actually withdrawn $5000 in total over 12 months (his initial investment was about $500).You do the math…

    So finally I asked him how he would feel when those affiliates (family, friends , work colleagues) he’d recently signed up realised they’d lose their money. Would his conscience bother him once this ponzi inevitably goes tits up?

    “It’s not a scam! – But if it turns out it is a scam, fuck ‘em!”

    He’s had his money back, and a few lousy grand ‘bonus’… what price friendship eh? I certainly no longer consider this sad robbing bastard as a friend.

  • Genady

    One of the worst fraudsters Driscoll run away.Probably so much criminal activity was to much even for him.The bandit left Titanic and has already new scam cruser.Sooner or later he will share a room in prison

  • Jim Spartan

    I don’t have a personal interest in this other than it’s good for the industry to out the scammers. Which leads me to the following questions.

    1) Finch what’s the back story here? There is way too much motivation for just doing a good deed.
    2) Timing wise the topic of this story with the EWA banner advertisement is a little ironic.

  • Bernard

    Who cares if BB is a scam. The entire world is run by scam artist. I just read about the banks in the Libor scandal. Who cares. The entire economic system is one giant ponzi scam, so why single out BB. Wake up people. At least this scam gives the little guy a chance to win at the poker table. The little guy never gets a seat at the table with the big crooks on Wall Street, so why bother writing these dumb articles. Everyone knows exactly what’s going on. And nobody cares. They just want a chance to roll the dice like the government protected crooks get away with. So let them have their fun and back off.

  • D. Pressed

    Finch. It’s good of you to acknowledge that a few of us were correct to say you can’t prove BB is a scam or a ponzi until or unless it is proven in law after the event.

    What you have done is to build up an extremely solid case to support your OPINION that BB is a scam/ponzi and it’s fair enough to stand by an opinion based on material evidence. And, really that’s as much as you needs to be done or that can be done to dissuade any rational person considering investing fresh money in BB from doing so. Only a fool could still seriously believe that BB is a legitimate (advertising brokerage) business. This latest thing about headphones is one of the most ludicrous developments imaginable. This is supposed to be a multi-billion dollar brokerage company and now they’re trying to divert affiliates towards a single supplier of a niche market product and spin it out as an indication of growth and development!

    I do take issue with the Irish newspaper reports being used as supporting evidence. It’s clear there are factual errors in their reports and that they don’t understand the differences between MLM, Pyramid and Ponzi schemes. The reporters haven’t researched BB to an acceptable standard imo., but mainly relied on the testimony of a few disgruntled Irish investors who expected to reap big rewards quickly. They claim BB has been advertised as a ‘get rich quick’ scheme. That’s simply not true. Part of the reason it’s survived this long and possibly might for a while yet, is that there are/were caps on how much individuals could invest and withdraw, caps on how many of each panel a person could buy in ratios, set returns on panels that had built in maturity times….It was promoted as ‘passive income’, steady growth…long term…but NEVER ‘GET RICH QUICK’….although it’s clear some at the top have got rich, it’s debatable how long it will be before their wealth and liberty is confiscated by due legal process! Also, it doesn’t take more than a few clicks on Google to discover that the ‘Sunday World’ has a tainted history of its own with regards to the legitimacy of some of its most high profile reports in recent years! I wouldn’t put my trust in them any more than I would a BB evangalist or apologist.

    Regardless, I’m resigned to losing the money I invested in BB, because the evidence you present, along with my own experience of trying to get straight answers to straight questions from ‘support’, overwhelmingly suggests that BB are now just buying time with my money. Although my panels are still completing at the same speed as before, the excuses (or lack of) for non-payment of legitimate withdrawl requests continues. So the numbers in my e-wallet might imply I’ve made a nice profit, but they amount to a big fat zero in terms of their measurable value. Beyond that, what started out as a fun and potentially exciting opportunity has become heavily tainted by the distasteful reality of how and why the figures simply don’t add up.

    Frankly I’d rather lose my few 100 quid (even though I’m on a pretty low income and could do with it back) than have it back via BB’s ‘world tour’ which is starting to delve into the pockets of much more vulnerable people in relatively poor countries in Eastern Europe, India, desperate people in struggling economies such as Spain and Portugal etc…Anyone involved in BB in any capacity SHOULD give a shit about where the money is coming from. I invested on the basis that BB was a profit sharing version of Google ads…. A naive belief perhaps, but to be fair, a year ago no one was shouting words like Ponzi or Scam anywhere on the net about BB. And the presentation was NOT all about affilates having to find more affliates in order for the business to be a success.

    Sadly, the business is simply the idea of selling the idea of the business. It’s not independent business advertisers paying the bills. It’s ordinary people paying to buy invisible products about which they have no knowledge regarding their functionality, if any….panels, impressions, traffic packs, traffic boosters….it all seems like the stuff of advertising but if none of this stuff exists beyond the virtual back office of the ‘affiliate’ who is paying for it, it’s worthless, delusional, vaccuous etc.

    Sadly, many of these people still being fed the naive notion, unaware ir unwilling to accept the contrary evidence; are being coerced into investing money they can’t afford or haven’t got (have had to borrow) to follow a rainbow that hasn’t even got a pot to piss in, never mind the gold to fill it with!

  • D. Pressed

    Bernard….It’s people like you who make me feel depressed. Not just about this situation, but about humanity as a species. If this is what evolution has led us to (greed, selfishness, hatred, callousness), it makes me wish the world really is going to end today as the Mayans suggested it would.

    Unfortunately, it looks like the Mayan business model was flawed too!

  • Ditto Ditto

    @Alex Just because I think you need to know this :)

    Prove: Verb

    Demonstrate the truth or existence of (something) by evidence or argument: “the
    concept is difficult to prove”.

    Demonstrate by evidence or argument (someone or something) to be: “innocent until proven guilty”.

    Proof: Noun
    Evidence or argument establishing or helping to establish a fact or the truth of a statement.

    @D Pressed – Not quite sure what it will take to convince you that BB is dodgy. Finch has stated there is the slight possibility that it is *not* a scam. There is also a slight possibility that I’m a computer typing this, but it is highly likely I am not.

    Guess you’re back to not wanting to face the reality of this are you? Even as you are saying that you are resigned to losing your money. When will you “believe”? What will convince you? A court of law? For some people, even a criminal sentence will still not convince them that they have been taken in.

    Sadly you were taken in by the so-called “evidence” of others (words and/or pretty pictures on a computer), therefore, it’s a waste of time putting hard evidence in front of you, because you fell for “I saw/see it with my own eyes”. You are also, sadly, not the only one.

    This is what the scammers like, someone who has completely suspended their disbelief and because of it, no-one is going to convince you otherwise even if the smell of coffee is hitting your olfactory nerves at a measurable 100%.

  • lolmoney

    This blog post is what I would call leadbait. Bait the BB Defenders into commenting and then mailing them every bizop, diet, and grant offer in existence. Finch is a marketing god!

  • Alex

    12.
    “With all due respect to Solid Trust Pay and Payza, their brands are known for dealing with the type of Internet businesses that can’t get approved anywhere else. They are staples of the HYIP community. And as for the pre-paid BB card (for some investors, their only option), this is the equivalent to being paid in cash.”

    STP yes they are used many times in all sort of hyip scams
    but
    PAYZA?? Dudeee.. They dont accept any hyip ( get rich quicky ) companies.. They accept ZERO hyip companies ( Banners Broker is unique here. )
    Do a research please, and find me a hyip company that uses payza. Please DO IT.

    13.
    “Banners Broker will take your money, but pay you only when they feel like it.

    Which soon will be never.”

    They make a payments every month to BB master card, and for STP withdrawals you need to wait sometimes longer, because STP GIVES LIMITS. Thats why they want ppl to use card. There are no limits for it ( except one time withdrawal of 2500$ up to max 10 000 montly )

    14.
    “You are liable to pay tax on ALL of your “My Total Earnings” minus the costs accrued from account fees and buying traffic packs.”

    no, $$ on banners broker are “ADVERTISING CREDITS” and they are like “monopoly money”. It sais dollar there, but its not real dollar.
    you must pay taxes from everything that appear in withdrawal logs. Also 10 years old kid would know that..

  • Alex

    ok my payment just arrived !!!

    http://s11.postimage.org/robavv6n7/paid.png

    <3 banners broker

  • Piotr

    Finch,

    Thank you for this article.
    I was redirected from one of the forums to your site.
    This and other articles convinced me to believe that BB is a ponzi scheme.
    I’m glad to you and to them.

    I wouldn’t like to get rich on people who are not aware whats going on and are being naive, only because they know nothing about online advertising and can be misleaded by any crap.

    Few weeks ago I was ready to join but didn’t have money so I had to postpone it.
    I am happy that I didn’t have money that time.

    Cheers!

  • Finch

    Alex – It’s debatable who you are actually arguing with here – the post, or your own conscience.

    I’m not going to waste my time responding to all of your points. You’ve proven in both this post and the last that your sense of reality is disconnected from the world as I know it. What would be the bloody point?

    However, I will respond to your final comment, because it’s very important.

    14. “no, $$ on banners broker are “ADVERTISING CREDITS” and they are like “monopoly money”. It sais dollar there, but its not real dollar.
    you must pay taxes from everything that appear in withdrawal logs. Also 10 years old kid would know that..”

    First of all, cracking reference on the Monopoly Money suggestion. I couldn’t put it better myself!

    Secondly, that’s a bunch of BS and you know it.

    “It says dollar but it’s not a real dollar”. So are you suggesting that Banners Broker is lying about your earnings? If it’s not a real dollar, it’s not real money, and it’s not real earnings.

    I know a lot of users would have to go back and make some radical adjustments to how much money they’ve made from this program if that were the case. In fact, most users tend to look at those ‘Advertising Credits’ and call it their due.

    More importantly, have you spoken to any accountants?

    Whether Banners Broker calls the program an investment scheme or not, the taxman is not going to change his view. It is an investment program. Period.

    Your future earnings are your current stock, and tax is payable on all of that stock.

  • mark

    I have to say, this website is clearly a means of drawing traffic to a blog. The aim is clearly to acquire funds, Finch you have demonstrated dreadful double standards by hiding under the guise of a community crusader. I have completed a substantial amount of research on BB and ponzi schemes an i have to conclude that BB is not a ponzi, it just doesn’t exhibit any of the tell tale or more uncear signs. it does seem that the exodus towards BB has prompted some individuals to try and make a fast buck off it’s success. I am going to try BB and i know of people who hav left there day jobs because of this opportunity, it’s by no means a ”get rich quick” scheme and actually requires some time and hard work unlike a ponzi which does not.

  • Finch

    Mark – “I have completed a substantial amount of research on BB and ponzi schemes an i have to conclude that BB is not a ponzi“.

    Good for you. Post your evidence or move along.

    I don’t really care what you think if you’re not going to substantiate why you think it.

    “I have to say, this website is clearly a means of drawing traffic to a blog.”

    This website IS a blog. What’s your point?

    ” it’s by no means a ”get rich quick” scheme and actually requires some time and hard work unlike a ponzi which does not.”

    If you consider qualifying panels “hard work”, then god help you. That’s all I can say about that.

  • Theseus

    “BB is not a ponzi, it just doesn’t exhibit any of the tell tale or more uncear signs”

    It demonstrates ALL of the telltale signs of being a ponzi, Mark. If your “substantial amount of research on BB” didn’t uncover any of it then I’m afraid Youtube and the Banners Broker FB page probably weren’t the best places to conduct it.

    If, on the other hand, you have some fresh evidence, that doesn’t come direct from BB, that proves the scheme is all above board then, as Finch says, post it or move along.

  • Alex

    Finch ok you have done really hard work to gather ALL sources that you have found over internet, but you have made one mistake. You compiled “interesting theories” with “trash found on tabloids”. And in the end it destroyed the view of your article.

    And also, why noone comment my withdrawal that has been done today??

    http://s11.postimage.org/robavv6n7/paid.png

    Today EVERYONE received their money. On Payza, STP, BB mastercard.

    Everyone are happy now, and we chat together :)

    So Banners Broker IS PAYING. Its not a scam.

    Scam means that they steal your money, remember that. It hasnt happened yet!

  • Finch

    How many times does this need repeating?

    There is no such thing as a ponzi scheme that does not pay people at least some of the time.

    The point is… someday Banners Broker will stop paying you. The day you shit bricks at that sudden bad news will be the day somebody else receives a payment from another ponzi scheme and falls afoul of the same stupid greed in suggesting that it will also last forever.

    It’s a never ending cycle that taps in to a fatal human flaw. You think you are owed something that you’re not.

    Honestly, I don’t want to offend you Alex, but the best advice I could give you is to go and learn about supply and demand. When you understand some basic economics, the reality of programs like Banners Broker becomes very clear.

  • Alex

    uhm ok, but how is it possible that banners broker pay to every affilate. Today everyone was paid. EVERYONE. And most of te ppl starting their “adventure” with banners broker, dont even put real money inside. They purchase packages from other affilates, so BB doesnt receive any new income.
    If you claim its a ponzi, how is it possible that this company make big withdrawals, purchase big building with 15 000 or 24 000 metters ( doesnt matter, cost is huge ). I know building adress isnt announced yet, and you may have a reason to bark. But one day it will be announced. Also Banners broker have about 100 empoyees, that must being paid by REAL MONEY.
    Also they already rented hotel in Kolkata, so propably they paid ( again, big money ).
    If its a ponzi, how they have so much money? You never explained that, because you think you MUST PAY REAL MONEY to join BB, while you can just receive transfered package, transfered panels, make organic traffic ( dont need to buy traffic packs )

  • Adam

    This is ROFL stuff

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Alex: You really are new at this aren’t you.

    So how do you “know” that “every” affiliate (some 250,000+) was paid today? Real proof not just that BB said so.

    Would you like for me to name all the Ponzi’s that “did” pay “everyone” and then disappeared overnight?

    Please explain how a 24/7 advertising company shuts down from Dec 21 to Jan 2 with supposedly only an IT staff on duty. I know really large real advertising companies, and they are only shut down until 12/26 and are open on New Year’s Eve.

    Keep those blinders on because the day is soon coming that they will run with the money or the feds will shut them down. For all you know this 2 week shutdown is their way out of dodge. Your problem is if they do run during this time, by the time you figure it out it will be too late. But what better way to do it than announce you are shutting down your offices so no-one will be concerned when you can’t reach anyone?

    I have been exposing Ponzi’s for more than 8 years and this is a Ponzi, and you are soon going to learn that first hand the hard way.

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Alex: One more thing. This from one of your “successful” BB affiliates that I thought you would enjoy reading, and I quote:

    “Nobody really cares if BB is a scam or not. The little guy just wants to play a little poker like the big boys do on Wall Street. The little guys don’t get invited to play with the big crooks on Wall street, so BB is letting them have that chance. I say back off and let adults make their own decisions on how to spend their money. Legal or not, it’s our money. If I choose to play poker you have no right to be my babysitter. Real Scam should focus it’s attention on protecting children and leave the adults alone to play whatever hand they choose. We don’t need another parent.”

    Hmm, no mention of this being a legitimate business. Notice how BB is giving the little guy a chance to be a crook just like the big boys on Wall Street.

    This is from someone who “understands” exactly what BB is and has been.

  • Alex

    Lynndel “Lynn” Edgington who told you banners broker shut down from 21.12 to 02.01
    You just embarrassing yourself, and its kind of funny for me, since i am the only person defending BB here, and i meet about 90% of comments from ppl that doesnt know shit about BB.
    BB support is closing. BB SUPPORT IS CLOSING? Do you hear? Let me say one more time.

    BB SUPPORT IS CLOSED FOR A HOLIDAYS

    Ok now i think you’ve understood. Company will work same as before, just

    EXCEPT SUPPORT.

    Anyway i think iam done talking here. I am just the user of Banners Broker, and i think that about 30% of affiliates of banners broker have read this crappy article, but they dont give a shit about it. Its like: be smart dont get involved into stupid chatting. I am involved just because i cant stand when ppl are blind. This guy finch is making money on selling some crappy premium posts for 120$ ( LOL ) and advertise some books on amazon with referral link. He HAS A BUSINESS in bringing more ppl here. He is the one who scam you all, tomorrow he will write about new year order and world trade center. I think only brainless ppl can believe his lies.

  • bigfatphony

    Wow *Claps Hands.

    Nicely written (albeit rather drawn out) opinion.

    Great use of keywords (URL, Heading, first sentence etc), this should get you lots of traffic and help you to keep selling whatever it is that ‘Finch Sells’.

    There is a small group of men/boys (you’ll find them all sharing their tales on two forums) who continue to claim that BB Advertisers (like me?) don’t exist, or that the BB banners don’t exist in the wild.

    Of course it’s all just exaggerated opinion, like this article. No one has been able to prove anything, which makes me wonder why you all continue to waste your time whinging about it.

    Well, apart from the obvious SEO benefits.

    Ok so let’s cut to the chase.

    Your little tidbit about your blind campaign is really lame. Apart from name calling (apologists?) and managing to get ‘Lucifers balls’ into the mix (getting emotional is not cool), you don’t provide any detailed information about your campaign.

    The number of Impressions you receive will vary on your geographical and category selections. In your example you show just over 800 Impressions for a 7 week period.

    In comparison, I have one campaign at present with over 3000 Impressions in 8 weeks – with an average 4% click-through rate mind you.

    Click-through’s which I have verified to the date in my Google Analytics reports. From these reports I have determined the majority of my BB campaign traffic is sourced from Clicksor and Yandex.direct advertising networks (on my global campaigns) and Web Wombat when advertising across Australia.

    Finch, how about you keep that free Survival Kit of yours.

    You Sir, are the scam.

  • http://www.philhendy.com Phil Hendy

    Alex,

    Finch’s Business may well be to advertise on his Blog and get traffic. This article may well be a way of doing that.

    However, maybe Banners Broker should have a look and see what he is doing. As this is an example of how to get a blog earning money! A vast improvement on any of the laughable choice network sites!

  • http://www.philhendy.com Phil Hendy

    Also Alex just to address the tax issue. As the alleged business is purchasing panels, renting them and taking a cut of profit each panel you buy is stock.

    As Finch has pointed out tax is payable on the stock held at year end. This is known as accruals based accounting and what is required for UK Accounting.

    The only bit I would disagree with Finch on is that it would be classed as an investment. Technically it would actually be a tradr, but taxable nonetheless.

    Also an earlier post suggests someone bringing in £20k per month and claiming disability allowance. They could be in for a shock if they get reported! This is often a common scenario though.

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Alex: Do you just like to hear yourself talk, do you put your brain in gear before you spout off, or do you have a reading comprehension problem? Here is what your BB team had to say about what will happen between 12/21/12 and 1/2/13, and I quote:

    “Friday December 21st 4PM EST will be the last day the offices will be open.
    Reopen January 2nd. Support ticketing system will be offline during this time.
    The site will be monitored every day, IT will be on top of things.
    If there is an issue with the site, we will still be here and this will be resolved.”

    Hmm, offices closed, support offline, and only IT monitoring things. Want to try again that I don’t know what I am talkingn about?

    Still waiting for your proof that all 250,000+ members were paid today. You can prove it can’t you?

    It is one thing to be thought a fool. Another to open your mouth and remove all doubt.

  • Theseus

    ” IT will be on top of things”

    That bit makes me chuckle, they’re not on top of things at any other time during the year – perhaps Santa will bring them a backup server, you know that thing that every other company has that prevents them having to go offline for 12 hours every time the cleaner plugs their hoover in.

  • JoJo

    Just in case you’re wondering what kind of man Raj Dixit is: he was charged with 2 counts of assault 1 1/2 years ago for abusing his stepchildren and common-law spouse. He will use and abuse anyone to get what he wants. This is not his first ponzi scheme he has been doing this for 10years now.

  • Alex

    Lynndel “Lynn” Edgington i didnt know ppl like you exist. I know there are some third world countries, non educated ppl, but didnt know they are using internet too!

    OFFICES CLOSED MEANS SUPPORT OFFICES CLOSED LOOOL

    Let me say again dude, because i think you still dont hear ;))))

    Company will work same as before, just

    EXCEPT SUPPORT.

    Now you see?

    One more time.. Support offices will be closed

    ONLY SUPPORT WILL BE CLOSED

    Site will work all the time, same as before. Now good?

    Phil i am sorry but you are wrong. Earrnings in banners broker does include all commission on panels. This money is NOT REAL UNTILL ITS A COMMISSION.

    So if you want to pay taxes you need to proove costs of re purchasing panels, and you cant do that while you dont get any invoice from banners broker.

    Its kind of funny like all ppl here are blinded, soon you will try to convince me that milk is black.

    Lets my make money on BB, we will meet here when i withdraw next payment! It will be 2000$ propably in february! In fact i am wasting my precious time here. Noone pays me for talking with morons

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Alex: Read it again: It clearly says THE OFFICE WILL BE CLOSED FROM 4:00 PM ON 12/21 TO JAN 2, 2013. (Friday December 21st 4PM EST will be the last day the offices will be open. Reopen January 2nd).

    Actually I do know that people like you exist. Have been dealing with Ponzi fools for over 8 years and you are all the same. Try again. Still waiting on you to confirm EVERYONE got paid today.

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Alex: Before you respond making a fool of yourself again, thought you would like to read the latest update from the “team” before they go into hiding for two weeks, and I quote:

    “Holiday – offices are closed. Support is closed. Support may be available in your local country. Stellarpoint in Canada will be closed until January 2nd.”

  • http://www.philhendy.com Phil Hendy

    Alex, have you actually spoken to an accountant or tax advisor regarding this issue? Or are you just making assumptions?

    You are buying a panel, this is a stock item. It is an item for generating income.

  • Della Cate

    I’m sure I saw somewhere, on some website or other, the claim that BB didn’t need to register for tax in the Uk on the grounds that it was an international company…..

    Can’t quite see that one as being right, but in the world of BB, who knows???

  • Della Cate

    But I kind of suspect that tax isn’t likely to be an issue at the front of the minds of the people who join or run BB….

    Seriously, on the BB official site, do they give any advice about members’ tax position? I mean, with the huge profits they are all generating, a caring company would surely advise its members what they should do.

    Wouldn’t they?

  • Theseus

    @ Della: in one of his recent webinars Paul McCarthy makes reference to affiliates who want to run their accounts as a “proper business”. The inference I would draw from that is they know full well that no-one is declaring this income.

    If you transfer undecared funds/earnings out of BB via the prepaid card then that, in the eyes of EU law, is money laundering and by doing so leaves you wide open to having your assets seized under the Proceeds of Crime Act.

  • trustno1

    Hello Finch and all in this thread.

    Let me start off by saying, people will believe whatever they want to believe. There are some out there that see the lure of “make money online for doing nothing!” and they will not question it at all, despite massive evidence to the contrary, all in the hopes that it may be true. Well, as a former BB employee, let me tell you that this is NOT the case. For security purposes, I will not post information directly on here, however, Finch, if you wish to contact me please send me an email and I will converse with you through that forum.

  • Finch

    bigfatphony – Let me quote you:

    “In comparison, I have one campaign at present with over 3000 Impressions in 8 weeks – with an average 4% click-through rate mind you.

    Click-through’s which I have verified to the date in my Google Analytics reports. From these reports I have determined the majority of my BB campaign traffic is sourced from Clicksor and Yandex.direct advertising networks (on my global campaigns) and Web Wombat when advertising across Australia.”

    Err, am I supposed to be laughing or taking this seriously?

    3000 impressions in 8 weeks? That’s your vindication that the network is legit?

    3000 impressions is worth about $3 (at the ridiculous BB markup). And the fact that you’ve only been able to spend $3 in 8 weeks says it all, doesn’t it?

    To put it in perspective, I’ve received over 176,000 impressions to one of my Facebook campaigns in the last 24 hours alone. That’s not even a big campaign.

    With Banners Broker? 3000 hits in 8 weeks.

    You’re telling me that you’ve received 120 clicks (a 4% CTR), So approximately 2.14 clicks per day.

    Do you honestly think that is big business?

    I get more traffic to this Banners Broker article in one day than you get in 8 weeks of maxing out the revolutionary Banners Broker network.

    Pathetic.

  • Miki

    I think BB is a ponzi scheme.

    I started in June and have just been paid for the 2d time, to BB card.

    I am not introducing anybody to BB.

    Let’s WAIT AND SEE.

  • MikeyM

    “”Banners Broker is approved by MasterCard. Do you really think MasterCard would approve a ponzi scheme to use their cards?
    This is such a nasty little lie that Banners Broker has been forced to tell its affiliates that, actually, there is no approval from Mastercard, and indeed no backing whatsoever. Banners Broker buys its pre-paid Mastercards from Vector, an independent reseller.””

    Why would MasterCard allow Vector to issues cards with their MC logo on to anybody?.
    Surley they would have very strict conditions and presumably MasterCard would be aware that the pre paid card with their logo on is being used by BB affiliates.
    So, if this is the case then you would assume that MasterCard have endorsed that us by BB.

  • D. Pressed

    Ditto Ditto:

    PLEASE read all of my posts before replying to them. Or otherwise just don’t bother because you make yourself look like an idiot with the attention span and IQ of a gnat.

    I stated:

    ‘Regardless (of what the scheme is or turns out to be), I’m resigned to losing the money I invested in BB, because the evidence you (Finch) present, along with my own experience of trying to get straight answers to straight questions from ‘support’, overwhelmingly suggests that BB are now just buying time with my money.’

    I also stated that BB is vlearly NOT the legitimate advertising brokerage company it claims to be and that Finch’s evidence regarding how BB operates doesn’t need to prove that BB is a ponzi or a pyramid. My point was that he can’t prove that now, but ultimately, it makes no difference to the outcome. I simply prefer not to use such emotive language until after the event on the basis that illegality has to be determined in law, not in a layman’s interpretations of unprofessional and/or misleading activity.

    Bottom Line: I got involved, I was naive, optimistic, fed a plausible business plan which has proven to be blatantly false. I DO care where the money comes from to pay SOME affliates and am convinced that the vast majority will end up getting none of their investment back because it’s already been soaked up by those who heavily promoted/recruited and withdraw wast amounts while the going was good and the publicity machine was drawing in the likes of me, who were given what seemed a good opportunity by well meaning but ill-advised/misinformed friends/relatives.

    I’m annoyed and disappointed with myself for believing the hype. Even if BB staggers into the new year I neither trust nor like the way they operate. My account remains open until I know for CERTAIN I’m not getting paid, because I can’t lose any more than my initial investment now. But IF I do get something back (which I very much doubt), I’m getting out of it at that moment.

    ALL internet affilate marketing is crap. Read what Finch himself offers and you’ll see it’s worthless hyperbole. How to build a multi-million dollar heap of horse shit…. If he really could make real money, in the ways and quantities he postulates in his blurb, from his own ideas, and those gleaned from his stated knowledge; he wouldn’t be fucking about trying to sell a £25 e-book cobbled together from his blog posts, as a way of making ends meet!

    In the end it doesn’t matter who is runing ponziz and who is acting legally. The best advice is to trust NO ONE and believe NOTHING beyond the inevitability of death.

  • http://none nearlygotme

    I really had a good look at this and kept on asking these questions.
    With no avail!
    Where are the banners placed; who are the adverisers; do they renew their ads and what benefit are the getting out of banneersbrokers.

    All I get is it is Blind network and it is all about making money.

  • D. Pressed

    nearlygotme:

    Who have you asked? Why have you asked?

    All the answers you need are posted in Finch’s summary of how BB operates its business. The evidence is indisputable that the only ‘advertisers’ are the affiliates who have no idea where (or if) their adverts exist because all they are advertising is a link to their own affliate sign up page…which is, almost invariably, the BB home page!!

    The only reason anyone would want to delve deeper is if they still think BB is brokering banners to anyone outside their network of customers, who are virtually all ordinary people with no ‘business’ to advertise other than ‘Become a BB afflitiate!’ Which is not a business, it’s just a mantra to incite an unworkable scheme where Paul robs Peter to pay Paul!

    The reason BB is clever and cruel is because it targets individuals who don’t understand how internet advertising REALLY works, but provide the gloss and hype to draw the ignorant in. They have no interest in trying to get genuine corporations to buy real adverts because they know that anyone who works in the ad/marketing department of a proper business, would take one look at what they would get for their money by buying invisible banners off BB and know that it amounts to nothing.

    Forget about looking for reasons to put money into BB now. Just be greatful that they only NEARLYgotyou.

    There are some very clever people making a lot of money selling products/services/business opportuinites over the internet, but I have yet to find a single one which offers a morally and/or legally sustainable opportunity to those who buy into the idea of buying and selling ideas from these marketeers. I’m not saying they are all iollegal or all dishonest. Some are merely deluded, others are eternal optimists who think anything is possible if you work at it. And the people who buy into their hype are often the opposite. They think it’s possible to make a lot of money doing little or nothing thanks to the magic of the internet!

    None of it amounts to any more than a series of unsubstantiated claims dressed up in a cloak and dagger, smoke and mirrors marketing speil…promises, promises….disillusionment, depression…death.

  • Finch

    D. Pressed – I thought we were essentially on the same page, until you came out with this:

    >> “ALL internet affilate marketing is crap. Read what Finch himself offers and you’ll see it’s worthless hyperbole. How to build a multi-million dollar heap of horse shit…. If he really could make real money, in the ways and quantities he postulates in his blurb, from his own ideas, and those gleaned from his stated knowledge; he wouldn’t be fucking about trying to sell a £25 e-book cobbled together from his blog posts, as a way of making ends meet!

    In the end it doesn’t matter who is runing ponziz and who is acting legally. The best advice is to trust NO ONE and believe NOTHING beyond the inevitability of death.”

    I’m sorry but just because you’ve been burnt by a get rich quick scam, that doesn’t mean that the underlying online industry is hyperbole too.

    Banners Broker is convincing because so much of what it promises is based on a true parallel reality. Online advertising really can produce millionaires – and it has done.

    The difference is that Banners Broker promises:

    1. Guaranteed returns
    2. No real work required
    3. No risk attached

    If you invested in this business and came away disappointed, no offence, but you were pretty stupid not to see it coming.

    What you shouldn’t do is then tar an entire legitimate industry with the tag of hyperbole, just because you got burnt by a scam. I don’t want this discussion to involve my personal success, but for what it’s worth, I quit my day job aged 21. I’ve been travelling the world living on different continents and making a good living through my laptop. This blog stands as testament to the lifestyle I’ve been living over the last few years.

    The difference between what I promise in my own books, and in this blog, is that I drill it in to my readers’ heads that to be successful you need:

    1. A lot of determination
    2. A lot of patience in the face of repeated failure
    3. A lot of hard work to rise above the competition
    4. The willingness to accept that only very few make it in the affiliate business

    Quite the opposite of what Banners Broker promises, which is essentially, “money for nothing”.

    As for the £25 ebook, it’s easy to criticise others for getting off their arses and creating something. It’s another thing altogether to actually do it.

    I don’t need to defend the worth of my products. I’ve sold thousands of them. If you Google them, you can go and download them illegally and see for yourself. Clearly they are valuable enough to be shared on forums and file sharing sites all over the web. Likewise, go and check out the reviews.

    If there’s one thing that annoys me, it’s people who expect riches delivered to them on a platter – and who then dismiss an entire industry as a fraud just because they weren’t talented enough to succeed in it.

    If you decide that online marketing isn’t for you based on that reality, then you are probably correct.

  • Ditto Ditto

    @D Pressed

    Sorry you feel you have to attack and insult me. I understand why, I think it’s because I touched a raw nerve and I think Finch has done the same. It almost feels as though your posts on here are a rationalisation to yourself (a bit like Alex) of what’s happened.

    I don’t know who said it first, but “sh*t happens, get over it”.

    We’ve all made mistakes, we’ve all got into situations that seemed ok and then weren’t. Guess the hardest bit is forgiving yourself for being a fool or being taken in. I am not judging you in the slightest: you really do have my sympathy.

    Wishing you all the best for the holidays.

    DD

  • ade

    Hi Finch. You’ve said that some of your relatives have put money into bb, so why try and get bb shut down – they’d surely lose their money. Have you got a grudge against your relatives?

    Sorry if i’ve missed it finch, but have you posted a rebuttal to nick’s post: http://finchsells.com/2012/10/21/banners-broker-scam-dont-let-it-affect-you/comment-page-1/#comment-71187 – in particular his comment about bb now working with 2 of the 6 major internet ad brokers?

  • Finch

    Ade – What is there to address? That entire article he reposted has to be considered a bad joke, such is its disconnection from reality.

    I addressed the two most glaring faults of it in this post.

    As for why I’d want to get Banners Broker shut down, it has nothing to do with a family grudge. Quite the opposite.

    If the authorities can freeze BB’s assets, there’s a chance that my relatives might recoup their investment. If Banners Broker disappears in to the wilderness on a moment’s notice (the most likely scenario), that money is as good as gone. It’s a case of damage limitation.

    Regardless, why don’t you look beyond my motives for writing this (as seems to be the main argument from BB apologists, “Don’t believe Finch, he only cares about blog traffic!”), and instead look at the evidence put forward?

    That old saying, don’t shoot the messenger…

  • Mary

    What to believe!!!

    I just made my decision and it meant I kept my money in my pocket.

  • BigLC

    Hi Finch,

    Great article, in depth, good language, great use of the facts. I’ve noticed that most people who defend this scheme have the literary capability of a table leg.

    I unfortunately became one of the ‘suckers’ back in September when I invested £400 of my own hard-earned cash. Frankly I’d have got better use putting it on the fire and keeping warm for a few minutes. Thankfully, I took this as a punt, and won more money in a casino in London recently than I ever hope to get back from these animals – and I don’t even really know how to gamble :D

    My BB account is running okay, but slowly, as despite increasing pressure from my sponsor, I absolutely refuse to refer or recommend investment in this scheme to anybody. Operations have dramatically ground down over the last few weeks.

    One further point I’d like to make which may be interesting: I receive a hellish amount of spam email through work, and having paid WebForensics to trace the chain, it seems my contact details were sold amongst a huge block of contacts around the same time I signed up to BB, and have been ‘touted’ numerous times since. This is nothing new as many legitimiate companies harvest details and sell them to marketing companies. Coincidence? Could this be the miracle revenue stream everybody is looking for? Highly unlikely they’ll make a fraction of the ‘millions of dollars’ paid out every day.

    I will watch the news regarding BB with great interest over the coming weeks. Again, great article – keep up the good work!

  • MGS

    Your first article convinced me. This article was a pleasurable read.

    My friends think im a fool for not investing. The arguement can get heated, i think they cling on hard and dont want to face reality because their afraid of the truth.

  • Finch

    BigLC – That’s interesting.

    It could be worth somebody signing up to Banners Broker using a fresh email to see whether it gets pimped out directly. Would not surprise me at all.

    What worries me is the fact that Banners Broker has so many passports and IDs in their system. These are all worth a ton on the black market.

    There’s really no excuse for an online advertising company to be collecting copies of passports.

    They also seem to be harvesting security question details…

  • Theseus

    A little bit more on the “$1 million a day” that BB have touted from early on that were paying out every day. Ian Driscoll, former head scammer in the UK who dramatically left a few days ago to pursue a “new venture” is on record as saying this (Oct 2012)…

    “On the 2nd of January this year the company had roughly 20,000 affiliates and had paid out roughly $20 million”

    That’s a fair bit away from $1 million a day (about $950,000 away, if you wish to be pedantic) and only equates to $1,000 each. He then goes on to say that 9 months later, with 160,000 affiliates they have now paid out “more than $200 million”. Again over nearly 2 years, that’s still nowhere near “$1 million a day” and considering that the likes of Driscoll himself will have been syphoning it out in huge quantities as quickly as possible it would suggest that many, many people haven’t seen any real cash from this at all.

    Of course you’ll always get the vocal few that tell tales of people that have funded a life of luxury from the proceeds of the BB activities, the trouble is, it’s never *them*, it’s always someone they *know* or someone their upline told them about.

    There’s no denying some people will have become very rich through this scam, but they probably equate to a tiny percentage, perhaps even less than 1% of the total number of affiliates and unfortunately the ones that will invariably lose will be those who can afford it the least.

  • Ditto Ditto

    Just popped by again to wish all who celebrate it a Happy Christmas. See you as and when, next time

    :)

  • Roberto

    Dear people,

    There are alot of online programs out there.If you want,to discover the truth about,these programs you need to compare them and search for the simmilarities and the differences of the program. For example.Justbeenpaid,profitclicks,goldenpath,
    a dailycash,wealth4allteam,and bannersbroker.These are popular programs,with alot of members selling advertising impressions and space,and all programs,claims to be an
    advertising program with income returns from advertising.If you look at the advertising possibilities,of these programs,there arises an question.1 Is the website generating enough traffic to pay the ROI which comes through advertising,and 2 what about the quality of advertisement and where is the traffic coming from?
    The answer is that basically these programs generates traffic from the affiliates that has an account.There is no outside traffic which is interesed in the program or the advertisements put there.Basically the only traffic are internet-marketeers and therfore the amount of traffic is not signifcant to earn money with advertising at all.All programs which i investigated have poor,advertising,a small traffic potential,and the revenue generated from these interaction is also small.So the question arises,how can an program,pay their members Reasonable returns or high returns,to their affiliates while the revenue that comes from advertising is little?The answer is obvious.They cannot produce income with advertisement and the revenue generated from advertisement is to small to pay all affiliates members.Another thing,is that the quality and professionalism,of these programs are poor.They have poor websites,with poor banners,and poor advertisement,and the traffic potential is also poor.Only a small group of online traffic will see the website or click an banner but the large quantity of traffic out there on the web will never,go the program to see what they have to offer.
    This logic applies to,wealth4allteam,bannersbroker and also justbeenpaid which is know profit clicks.So if all these programs are not making money with advertising which is very obvious then how do they make money? The answer is,because new affiliates join the program.There lies the answer,why for example bannersbroker,are recruiting affiliates,with global meetings and that is why,bannersbroker is not an real advertising company but an ponzi based program which generates money through out the affiliates network.The blind network which they talk about is nothing more then their own affiliate network and the advertising structures which they have generates only little revenue because they lack of quality of the products which they have,they lack professionalism,and they dont have the technology and knowledge to be an real advertising company,with quality webspace and quality traffic.They dont have the potential,to
    become an succesfull advertising company,because the fundamentals,of their business is based on ponzi and not on real and solid fundamentals which is required to have to become an strong online business.So in every business the company with strong fundamentals will survive and become an reputable company,but the fundamentals of bannersbroker is weak and ponzi based so it will be difficult to become strong and succesfull based on their weak fundaments.

    The programs which i investigated are just programs,nothing more and nothing less.They operate based on ponzi and there is the revenue comming from,and even some leaders of these programs admitted to be an ponzi because they had to shut down temporarly the program because of the risks to be investigated by the autorities.

    It is only a matter of time,that bannersbroker will collapse also.The revenue generated from their networks is not enough,to sustain for the long term.Even so the program will have an downfall in affiliates because every business has its grow fases which in marketing are divided into 4 fases. If the downfall comes,sooner or later then people will lose their money right away….

    In mine opinion i find it good that there are critital people such as Finch,that investigate these kind of programs and tell the people what the risks are.

    If bannersbroker where an good sparring partner they would learn from it,and absorb the logic from their opponents to become more succesfull in their business.

    If they fail,it means that they arent talented enough and the guts,to become stronger and better,and use the critics to become succesfull.

    Thank you.

    Greetings Roberto

  • Bernard

    It does not matter. This is no different than playing in the stock market casino, or the casino in the Bahamas. Everyone who joins BB knows there is no guarantee of income. They buy banner space and hope for the best from the marketing system. Like any other business, there is no guarantee of income. Everyone knows the risk before spending a dime. 88% of new businesses fail their first year. Many small business start ups lose tens of thousands of dollars. BB is no different. But I can say that BB offers better leverage because you are not in it alone. So I would not worry. Everyone knows what is at stake and accepts responsibility. After all, we are not 5 years old. We are adults. So act like it.

  • brenie

    you dont get it Bernard …. you realy dont get it …. it is not a business thats the problem you are stealing people’s money its a SCAM …. you go to a casino you know you are gambling … no one will ever tell you entering a casino YOU CAN’T LOOSE MONEY …. but thats what BB promisses you cant loose with this program double your money guaranteed and more of that BS …. so don’t compare things that aren’t comparable ok …. if you dont’ mind screwing people go ahead but don’t come in here and tell everyone knows wat is in stake because most off them that join BB don’t know sadly enough …

    kind regards

    brenie

  • okosh

    Translation of Paul’s post above…..

    BB ponzi has imploded so after new year we all gonna move over to the new scam called “Bank on traffic”….

  • BigLC

    Does anyone know how to close their BB account? I can’t see for the life of me how it’s done. As I’m not even remotely willing to supply my Passport or photo ID, I won’t be getting my ‘BB MasterCard’ any time soon, and therefore would prefer to shut down my account before the taxman finds out I’m sat on a ‘prospective goldmine’ :D

    Merry Christmas every one!

  • brenie

    Paul

    Just a question if your model is superior to the BB one why don’t you work with big investors … why work with affiliates …. thats the part i don’t understand sorry … or will you not work with affiliates ?

    kind regards

    brenie

  • http://none Ricoshet

    @Alex

    Can you tell me where the “Vector Card Services” Office

  • Della Cate

    Bernard – you are quite correct to say that “we are all adults”, but unfortunately from what I have seen the majority of BB subscribers do not fully understand what they are getting into. Indeed I have seen on more than one pro-BB website promises that you WILL make money from BB. That it offers you an “unequalled opportunity for a return on your outlay” (as one site puts it).

    Up until fairly recently, there were promises that it would double your money, that it was impossible not to make money with BB. Seeing statements like that, what are people supposed to think? I don’t think they will view it as being like a casino, do yo

    As I posted originally, I got to hear about BB because 3 friends were considering joining it. It had been presented to them as a guaranteed money making venture. That was what interested them. They were unaware of any possible risks; and they were almost completely ignorant of how it worked. But they didn’t think they needed to know! They were told it worked and they’d rake in money. Luckily I did some digging and presented what I found to them, including Finch’s original post, and none of them, I’m pleased to say, has joined.

    I suspect that a lot of BB joiners are like them. And I don’t think this is right.

  • virtualpresence

    Apparentley- ‘BB ponzi has imploded’ an I got paid again on Christmas day along with countless others and the engines ran again last night, but, ‘BB ponzi has imploded’ … Yawn. Same old, same old.

  • http://empowernetwork4ever.com Silvester

    Well done for publishing this report.
    I have actaully been a pert of a ponzi
    for the past year and al what you are
    sayoing here is happening there and you have
    inspired me to expose them for wha they are.

    Thanx again

  • Ditto Ditto

    @BigLC

    Allegedly you *can* close down your account.

    1. If you look under refund policy there is a method laid down there. Whether that works or not, nobody knows…..

    2. Try withdrawing all your money (keep a straight face) and let your account go into a negative balance. Don’t put it back into liquidity and after a month you will find it is closed for you.

    3. Withdraw all your money. Go onto any BB-controlled forum and slate BB as much as you can. You will be guilty of “negatively speaking” about the company and they will take your account away from you.

    4. Go on to any forum relating to scams/ponzis, use your real name, slate BB and let your upline know you’re doing this. Bingo, account confiscated (see 3 above). NB This option doesn’t include money withdrawal.

    Obviously, if you *are* going withdraw any money you must first square that with your conscience. Ponzis are based on taking money that someone else has put into the scheme that’s why they always need more investors/clients/punters/whatever you wish to call them. The money could be from others further down the line or people investing more because they think this is the best thing ever. Will you be getting your own money back? Nah – that’s already been taken by someone else, just as they are taking it from another person and so on, ad infinitum.

    If anyone else knows of any other ways to get out, please post. Thanks.

    DD

  • brenie

    nope no assumptions just wanted to know how you program works regarding BB ….. thx for answers …. at leas you try to explain that’s not the same as BB does ;)

    kind regards

    brenie

  • Theseus

    “the engines ran again last night”

    This one is even better though..
    According to the uber-gullible Dave Osman:

    “Chris Smith pushed a button on his phone and said the engine is now live, and before we could get back to our rooms we had panels capping all over the place”

    Seriously, what is this a cross between an Austin Powers movie and a low-rent game show? In the real world multi million dollar businesses aren’t switched on and off by some guy pressing a button on his phone.

    Nor do they close down for two weeks at Christmas….

  • Finch

    Paul – $50.00 for 5000 uniques does not sound like particularly high quality traffic. Are you brokering through a contextual network? The only way you can guarantee traffic at that rate is by sending junk pop-ups/pop-unders, or by hijacking user browsers. I don’t believe such a race to the bottom is likely to attract many reputable advertisers.

    And in any case, if the advertiser is paying for this campaign, why is he getting paid once the campaign is complete? I don’t get it. Is an unnecessarily complicated model.

    Advertising is very simple.

    You pay money to have your ads shown, the publisher receives money to show them.

    That’s it.

    Sometimes a broker will take some margin for connecting the two parties, or providing the technology, but it never goes deeper than that.

    Personally, I don’t believe tampering with the conventional advertising model is likely to produce an ‘earning from home’ opportunity for somebody who has no experience in the industry. The margins are too tight, the industry too competitive, the advertisers too demanding…

    The fact that you refer to BB’s weaknesses as ‘business model faults’ rather than the hallmarks of a ponzi scheme, does not give me great confidence that Bank on Traffic would be any more legitimate.

  • virtualpresence

    Theseus , I can only imagine you are talking about the independent office closures. Still, Gotta have a bone to pick no matter how small, i guess.

  • Nick

    Paul, at $50 for 5000 unique visitors there is no way it is quality traffic, you are clearly not in the industry if you don’t understand that. I would suspect some PPV traffic or junk remnant redirect traffic.

    If it is high quality traffic forget your “investment” program, I’ll take the lot off your hands (subject to a trial). I am pretty sure Finch would be happy to split it with me :)

  • PeeJay

    Finch, just love the detailed and analytical way that you have researched BB.

    I have had friends trying to extol the virtues of this program to me for months, without success as right from the start the business model was of the ‘too good to be true’ variety.

    It’s interesting that now, as the bubble is about to burst, they have stopped trying to tell me how good the opportunity is and instead have gone into the ‘I don’t care if it’s a scam as long as I get my money out’ mode!

    I would just love for someone high up in BB to come here, or any of the other forums and explain exactly how and where the advertising income comes from without any of the Blind Network crap!

    It’s almost over, time for you to start looking to expose the next ponzi that’s going to suck in more of the gullible.

  • http://www.marketingeasyway.com John F Kennedy

    Interesting post Finch!

    But let’s not forget that you are too generating cash from the interest you are creating here.

    I like the way that you conveniently placed a banner ad at the foot of your post and the several affiliate links that your site caters.

    I know all to well, how traffic generation improves sales, what you are doing here is certainly generating you additional income, be a nice chap and disclose what your increases in income have been following your damming of BB so that us mere mortals can see the value in your debunk theory?

    You’re an honest gent, this should come natural to you??

    Clever marketing Finch, I like it!

    I might even produce a WSO on your model.

    Great stuff ;)

    JFK

  • Finch

    JFK – Every post I’ve ever written was designed to ‘generate traffic’ in one form or another.

    To use my perceived motive as the sole response to over 5500 words of facts and evidence is pretty weak. How about looking at the content of the post itself?

  • http://affportal.com affportal

    That’s a great bit of detective work Finch. I’ve heard quite a lot about this program from a “friend” of mine. I’ve been watching at a distance b/c i’m not into MLM.

    Great write up man…

  • http://bankontraffic.com Paul Davis

    Finch

    I’m going to assume you’re beyond web marketing 101 and this quote was just to get info. One look at your site and I can see you’re a bit beyond that.

    “You pay money to have your ads shown, the publisher receives money to show them.
    That’s it.”

    I guess “that’s it” if you just want to pay for hits. If you’d actually like to get paid while you drive that traffic to your URL it’s not.

    First, let’s define Contextual Advertising. Basically it is advertising relating to a particular niche, subject or keyword so that the target audience is relatively suited for the product being offered. Our model uses contextual advertising in that the ad campaigns are niche market based by both subject matter and geo-targeting.

    Our network of websites will only display ads that are related to that website’s target market. Granted, some subject matter may overlap but the general idea is to be as specific as possible. That’s why we have nearly 300 categories to pick from. Our members will be able to pick a specific category and a specific geo-target. We even offer targeting in 5 different languages.

    The business model is also relatively simple. It incorporates both the retail and the wholesale concept of selling advertising. We commit to large purchases of traffic from our website owners and then package that traffic into smaller bundles for individual purchases.

    When a member buys a BT advertising “Business Pack”, they receive both retail traffic to use for their own promotions and wholesale traffic credits that will then be sold at retail prices. The difference between the wholesale price and the retail price is their profit.

    Isn’t this the basic business model for most companies that sell products through resellers or outlets? What makes BT unique is the sales engine and inventory control system that make it possible to automate this whole process. Anyone can be both an advertisers and a reseller of advertising by using the BT selling platform and website.

  • Della Cate

    Dear JFK

    As far as I’m concerned, it is irrelevant whether or not Finch generates traffic/income from this site. That is not at issue. The issue is about the worth of Banners Broker. I am not interested how much or little Finch is making.

    I came here originally to find out some information on Banners Broker. He’s done me (and some friends of mine) a favour by his writing because we are better informed and because we have been encouraged to explore further. So good for him!

    The fact that Finch makes money out of this does not in any way reduce the value of what he writes.

    If you think that is an argument against him, I’m afraid you are going to have to try harder!

    Kind regards.

  • D. Pressed

    I did try harder….and came up with answers, but Finch didn’t publish my post! ;-)

  • http://N/A Dion

    Hey Finch I know this isn’t BB related but wondering if you could hook me up with a ref into EWA I have done my application but would like to expedite the process couldn’t think of anyone better to be honest perhaps flick me an email ? Alternatively you can can tell me fuck f off for being completely random however I have enjoyed your BB stuff ever since you started on MMG and love all your content on here especially for Traffic sources etc.

  • Finch

    D. Pressed – Your latest comment is posted with a different email, which is why it didn’t appear automatically. I’ve approved all comments that have come through to me – including the many colourful, illogical rants from the haters. If I haven’t published a comment, it’s probably because it got eaten by the spam filter.

    Della Cate – Cheers, I’m glad you agree!

    For what it’s worth, these posts have made very little money. I can assure anybody who may be questioning my motives: calling Banners Broker a scam is much less profitable than calling it the world’s best home earning opportunity.

    If I really wanted to make money from this article, I’d be PRAISING Banners Broker, not slaughtering it.

    It’s interesting how some people find it perfectly okay when BB affiliates create entire websites dedicated to recruiting people for their downline, but when a guy questions the legitimacy of the program, he’s the one who’s in it for dirty profit.

    I mean, what am I supposed to be selling to these people, anyway? I hate MLM with a burning passion.

    Affiliate marketing is my career.

    Writing this blog is something I do in my spare time because I love writing. I know people find that difficult to believe, but I’ve been doing it since 2009 so they can think whatever they want.

    Dion – If you drop me an email (finch@finchsells.com) with your name and the email you used to register at EWA, I’ll pass it on to get you approved.

  • Theseus

    virtualpresence says:
    December 26, 2012 at 12:50 pm
    Theseus , I can only imagine you are talking about the independent office closures. Still, Gotta have a bone to pick no matter how small, i guess.

    “Independent office”?

    I’m referring to Stellar Point, or Banners Broker as it used to be called until Raj Dixit changed its name in an attempt to make it appear to be an independent company, in Canada, that is the only support available. And it closed for 2 weeks.

    @Paul Davis: yeah, one of your BB-tag team buddies showed us some of what passes for “contextual advertising” in the eyes of BB, over at Realscam.com.

    It consisted of a screenshot of a what was allegedly Portuguese tv station website with an advert for BB on it. Not an advert *from* BB, but *for* BB. Oh, and the banner, well that was in English, not Portuguese which (assuming it wasn’t just something one of your troll buddies made up) is a major “geo-targeting” fail.

    Pretty basic Advertising 101 stuff…

  • D. Pressed

    Strange how the only reply I made critically appraising your own products and services at length was the one that disappeared without trace! And it was in response to the one you made stating that you don’t have to defend your record and don’t want this discussion to become about you….. Your spam filter is a unique tool in that regard! It’s as if it can read the content automatically and decide independently it’s off topic ‘spam’, despite that it was sent via the same e-mail address that went through unhindered before.

    My main points referred to you justifying yourself and your business on the basis of travelling the world and making a good living from your laptop….Isn’t that what the folk who run BB do? Your self-referral doesn’t, in itself, add up to any more to theirs!

    Admittedly, you make no promises other than the promise of likely failure:

    QUOTE: The difference between what I promise in my own books, and in this blog, is that I drill it in to my readers’ heads that to be successful you need:

    1. A lot of determination
    2. A lot of patience in the face of repeated failure
    3. A lot of hard work to rise above the competition
    4. The willingness to accept that only very few make it in the affiliate business

    So, you say it’s very difficult and that people have to work very hard at it and still have to expect the vast majority will fail to the point of cutting their losses…..That’s honest, but it makes me think giving up the ‘day job’ isn’t such a great idea after all! At least some BB affliiates are still (ignorantly) living the dream!

    You’re not even offering me a dream!! Just the harsh implausibility of trying to make a living from a business I don’t understand and that doesn’t really interest me!! I’d agree, the chances of success on that basis are practically zero; although that’s true of anyone who thinks ‘giving up the day job’ equates to giving up work in order to travel the world and make a good living from your laptop.

    Oh well…. No point going through it in harsh ‘bullet point’ detail this time, in case the spam filter picks it up again. ;-)

    Bottom line: I still agree with your case against BB being nothing more than an illusory business opportunity. AND. Whether you call it MLM, Ponzi or ‘affiliate marketing’, there is no such thing as easy money, so no one need be under any illusion that the internet is a magical place where business reality is disconnected from marketing theory. Some of it is legitimate some of it isn’t. None of it is particularly convincing (to me) as a way for anyone to make a lot of money unless you’re the one at the top of the pile/pyramid/ponzi, or unless you have an aptitude for marketing per se. You have. Most of us haven’t, so suddenly sticking to what one knows, with a guaranteed income; aka the day job, doesn’t seem such a bad option. Even if it’s working as an employee rather than an ‘affliliate’.

    Stellar Point does have a UK address btw. It’s also the address to write to in order to close a BB account. Although these are small points, you really ought to be aware of them. Ditto Ditto briefly mentions the legitimate way to close a BB account, but prefers to emphasise the illigitimate ways. I thank him for his kind words though. Sorry for my rudeness. He’s right. I was trying to rationalise my stupidity for putting money into a ‘business’ that seemed too good to be true and getting annoyed with myself for being a mug.

    But now I’m drinking vast quantities of sherry and cheap wine to overcome my sadness that A) My dosh is done B)Shit happens!! C)I’m past caring.

    These combined measures seem to be working a treat. Happy New Year! :-)

  • Ditto Ditto

    @D Pressed

    Appreciate your last comment. Drinking sherry and cheap wine will only give you a nasty hangover, so take care when doing it :) But I’ll raise a glass of good cheer with you and say here’s to 2013, may it be more successful for all of us.

    DD

  • Cressida

    Thanks for such incredible detail – I love the way you write as well – made me laugh so much…

  • Finch

    D. Pressed -

    >> “Strange how the only reply I made critically appraising your own products and services at length was the one that disappeared without trace! And it was in response to the one you made stating that you don’t have to defend your record and don’t want this discussion to become about you….. Your spam filter is a unique tool in that regard! It’s as if it can read the content automatically and decide independently it’s off topic ‘spam’, despite that it was sent via the same e-mail address that went through unhindered before.”

    Perhaps it didn’t submit properly? I have no interest whatsoever in censoring posts, other than those made by users like “Cock Meat Sandwich” who are only here to troll. I’ve checked for the comment, and I can’t find it. You’re welcome to repost it if it’s important.

    >> My main points referred to you justifying yourself and your business on the basis of travelling the world and making a good living from your laptop….Isn’t that what the folk who run BB do? Your self-referral doesn’t, in itself, add up to any more to theirs!

    No, but I’m not the one trying to recruit people to a ponzi. You were insinuating that I sell products to “make ends meet” because my career can’t be doing too well. It makes me wonder if you’ve heard of ‘diversification’, or a passion for writing.

    I’m doing fine, in case you were wondering, and affiliate marketing remains a perfectly viable way to make money online.

    I sell books because I love writing. My readers buy them because they like what I have to say. It’s a mutually beneficial transaction and everybody wins.

    I really don’t understand your comparison between what I do as a writer, and what Banners Broker does as a dirty great ponzi. We cover the same industry (if BB actually operated in it), but our promises are worlds apart. I keep mine grounded in reality.

    >> So, you say it’s very difficult and that people have to work very hard at it and still have to expect the vast majority will fail to the point of cutting their losses…..That’s honest, but it makes me think giving up the ‘day job’ isn’t such a great idea after all! At least some BB affliiates are still (ignorantly) living the dream!

    You’re not even offering me a dream!! Just the harsh implausibility of trying to make a living from a business I don’t understand and that doesn’t really interest me!! I’d agree, the chances of success on that basis are practically zero; although that’s true of anyone who thinks ‘giving up the day job’ equates to giving up work in order to travel the world and make a good living from your laptop.

    I’m not in the business of selling pipe dreams. It’s the exact opposite of what I’m all about.

    So, you’re pretty much correct.

    But then you have to realise that my target market for the books is NOT people like you. It is people who have had experience with affiliate marketing, who work in the real advertising business, who want to pick up a few lead generation tips.

    There are many books that I would never buy, but that doesn’t stop me from admitting that they serve a purpose for somebody. It seems like you need to remember this. Not every book is designed to help you give up your day job in 28 days or less.

  • Alex

    The most comprehensive post(s) on why BB is a fraud.
    Thank you Finch
    Also, I’m in awe of your patience and committment in answering comments.

    There is one aspect I seem to miss in all this wonderful analysis. Where is the ROI for the advertisers?
    Only real products make money. Only real conversions buy products. Only real clicks from real users can become conversions. It only makes sense if the cost per click * volume is lower than the value of the conversions. None of the BB model seems to take this simple inevitable and irrefutable calculation into account. Or at least I have seen no clear evidence of it. According to BB, clicks grow on trees and advertisers pay millions of dollars to BB for clicks they could have had much cheaper directly from the vendors (such as adwords)

  • Theseus

    @ D. Pressed

    “Stellar Point does have a UK address btw”

    Could you enlighten me as to what that address is? As far as I can tell there is no company registered in the UK with the name “Stellar Point”. There are claims that they will be opening a UK office in Manchester, but as of now neither they nor the premises exist.

    Are you perhaps referring to Banners Broker UK Ltd, Ian Driscoll’s business? They parted company with Banners Broker just before Christmas, with Driscoll allegedly going on to a “new venture”, leaving BB wholly unrepresented in its main overseas market.

  • http://stepstoearnmoney.com/1 Jay

    Excellent follow-up to the previous post Finch.

    I join BB about 6 months ago before the payments stopped and decided on a whim or for testing purposes, you decide, to put some money into BB and even stay in contact with an agent to run the system for me.

    2 Months into the Campaign with clicks at 0 my earnings were also zero but i was still being charged the monthly fees so i decided to quit early.

    Then two days after quitting BB my credit card (the one used for investing money in BB) started getting strange charges for around $2,000 from online clothes sites that only accept credit card numbers without the CVV (security code on the back) or the registered address.

    Luckily i have some bank security and managed to decline the transaction before it went through but then smaller charges for 02 pre-payment credit at £10 each time was unfortunately allowed to go through.

    In order to fix this problem requesting a new card was not enough. I has to go to my bank manager and completely close the account and open a new one for them to stop.

    Now i will not touch BB with a barge pole but the worst was yet to come.

    I can live with losing a few dollars from my own stupidity but when i tried to warn other networkers they always seemed to get frustrated with me.

    For example i discussed this with members of my site (The Steps To Earn Money) and even removed the program from my system designed for other members but this was not taken well.

    I even directed fellow networkers to your previous BB post and the response was “You haven’t got a clue. When you’ve been doing this as long as i have then you can tell me what to do”

    I think they failed to realize that i have been doing this for over 6 years even before BB was introduced by one guy on a shoddy site holding a cardboard cutout of the company’s name lol.

    That’s what happens when you try to warn fellow marketers of the potential money they could lose despite your experience.

    The real reason a BB member tries to shoot you down is because they are scared. Scared of losing money, referrals (if they have many) and probably a lot of hard work going into telling others which is understandable.

    People don’t want to see the bigger picture because it scares the hell out of them. If they are making money then they don’t care how and why. All they care about is keeping it going but let’s face it people:

    BB has had a very good run but now it’s time to pack up and go.

    But here’s the real problem. Finch has successfully proved to me that BB is a downright joke of a system but whats to stop the scumbags who designed it from packing up and disappearing for a few months then returning with a brand new name, new domain, same shoddy system hidden behind complex graphs and explanations and doing it all over again? Exactly. Absolutely nothing.

    And that’s the scariest prospect of all.

  • Finch

    Paul – The comments were not deleted. They went through to my Spam folder, and I’ve just approved them manually. A whole 18 minutes later according to the timestamp. Hold your horses.

    The fact that you can say Banners Broker created a concept that is ‘close to brilliant’ ruins any credibility you have in my eyes. Good luck with your venture.

    As for the “pop down”, do you mean a pop under? I don’t have any on the site.

  • http://www.wiltshireaccountants.co.uk Phil Hendy

    To be honest Paul,it just looks like you are trying to peddle another very similar ponzi scheme by constantly promoting it here.

    How about commenting on Banners Broker, rather than Bank on Traffic.

  • Nick

    Paul are you stupid? Finch has shown very clearly that there is no brilliance behind BBs business it is just smoke and mirrors and one big scam. The business that you are trying to push (BOT is quite an appropriate name, but you probably wont get the reference) is even more flawed as your click costs put them at the bottom of the scrap heap of junk traffic that anyone in the business can spot a mile away.

    From your writing you don’t understand anything about online advertising or traffic generation and chances are the pop-unders that you are seeing are some kind of adware on your system, pretty ironic.

    You are trying to con people off the back of another massive con, shame on you.

    Go and crawl back under the rock you came from.

  • Theseus

    Making money, Paul? Surely you mean STEALING money? If you honestly think that a ponzi like BB or that other one you’re trying to peddle are legitimate money-making ventures then you really ought to be having a chat with someone who has a better grasp of economics than you do.

    Would you happen to know any five year olds?

  • D. Pressed

    Theseus. If you’re in BB you’ll be able to find the address in your ‘back office’. If you’re not, then it’s not for me to post it on here because I don’t know whether it’s their legitimate mailing address or not. And it serves no purpose to anyone other than those who wish to try and close their accounts that way.

    I’m not the one doing the journalistic investigation into BB and I wish to keep it that way. My comments are based around a broader discussion of internet marketing, rather than the absolute damning or praising of anyone or anything. Frankly, I have legitimate reasons to doubt a lot of stuff on this blog that has nothing to do with the BB fiasco, but because I’m not in control of what gets posted and what doesn’t, I’m not going to have my posts taken out of context editorially in order to only suit the narrow agenda of the blogger.

  • D. Pressed

    It’s possible there is an automated word limit to posts which has just prevented ANOTHER lengthy discourse by me from being published. So I’m not saying he’s lying when they don’t immediately appear for reasons beyond his control. However, this shouldn’t stop such messages being manually posted by Mr Finch, if he wants to, after he’s found them in his ‘spam’ box. And I suppose whether he wants to depends on what the content refers to.

    There was a short but very insulting message posted earlier this evening by some idiot, which Finch deleted within minutes. Despite I don’t blame him for removing mere abuse from a cretin, it shows Finch keeps a VERY close eye on his blog and has a variety of ways to include or exclude input from his contributors.

  • http://www.philhendy.com Phil Hendy

    Paul,

    this article is about Banners Broker though? So why peddle something else. I have no doubt the ponzi pimps are expressing interest.

    Perhaps one day Bank on Traffic may become big enough to get its own debunking article on this site.

  • Ditto Ditto

    @Paul D

    Nice way of potentially drumming up business by sitting on a thread that is dedicated to looking at the way that BB operates. Can’t you set up your own place for people to visit if they’re interested rather than hijacking someone else’s blog?

    DD

  • Theseus

    @ D. Pressed why not post the address here? Is it a secret? There is no legitimate, registered company in the UK called Stellar Point, so I’m assuming the address is either a new maildrop, or one of the ones used previously by Driscoll, either way I’d be interested to know what it is…

  • Theseus

    @Finch – why are you letting “Paul Davis” peddle his scam here? It has nothing to do with BB and to be perfectly honest is derailing the comment thread.

  • Theseus

    “Paul” I have no interest in your scam (or whatever you want to pretend it is) I am merely questioning why you are investing the comments thread here with posts about it.

    I’m sure, if it is as dubious as it sounds, we’ll be locking horns in the future, but for now why not toddle along and set up your own blog to sell your snake oil from?

  • Theseus

    It’s not a negative attitude, it’s being able to tell the difference between a legitimate business and a scam. The fact that you think “the BB concept (is) CLOSE to brilliant” suggests that it’s a skill you’re sorely lacking.

  • Finch

    Paul Davis – I’ve been pretty lenient in letting you come here and spew your sales gibberish, but enough is enough.

    You’ve made your point. Any further posts on Bank On Traffic will be deleted. If you even try to mention this ‘business’ again, I’ll go back and retro-delete all of your previous posts. They are not relevant to this conversation at all.

    This post is NOT about your business opportunity, and it is NOT an open invitation for you to recruit people on the basis that they were gullible enough to believe in the Banners Broker hype.

    I’ll give you a helpful Pro Tip for the future: If you’re going to advertise your business on somebody else’s website, try not to be a complete bag of dicks about it.

    Speaking on my behalf with comments like:

    “Fich is smart enough to know that I’ll bring traffic to his site even thougfh i don’t agree with him on the BB business model.”

    and…

    The gig he has going now is chump change compared to what can be if he understands BANK ON TRAFFIC.

    …is pretty ballsy for somebody who is currently an absolute nobody in the industry he claims to be transcending. I mean, seriously, as far as I can see you don’t even have a website for the program.

    You make snide little comments about the ‘advertising’ in my right sidebar, and yet you forget a precious little detail. It’s my blog. I own the site, and If I monetize it, that’s none of your business.

    Even more ironic is your remark that “One other thing. I just noticed a pop down while posting this comment. Any comment from you on that?

    1. There are no pop-unders on this site.
    2. Your business allegedly depends on pop-unders. Is it really the sort of thing you want to be taking a moral high ground over? Pot, kettle, black.

    Why don’t you try writing your own verdict on Banners Broker, pasting it on your own Bank on Traffic website, and then try to recruit people instead of leeching for scraps?

    Better yet, why don’t you leverage that incredible advertising model that your business is allegedly built upon and recruit investors through your own banner adverts?

    I mean, if you really have a good footing in the advertising business, you probably shouldn’t be resorting to spamming up another guy’s blog as your primary source of advertising.

    Just a thought.

    D. Pressed – I’m not sure what you’re doing exactly, but there is no record in my Pending or Spam folders of any additional posts from you.

    I find it equally strange that all of your other posts are published immediately (it’s set to auto-approve, nothing to do with me ‘accepting’ it), and yet these long tangents mysteriously end up not getting auto-approved. What are you doing differently?

    Getting back on topic…

    Does anybody from Banners Broker have anything to say about the evidence and facts put forward in the original post? So far I hear absolutely nothing. Just attacks on the messenger.

    I would be more than happy to have an adult conversation about how this program works, except there doesn’t seem to be anybody with an argument that goes beyond “Well, I got paid so there!

    Cults are sad.

  • Adam

    Finch, The comment thread is so full of crap, it’s impossible to find the value. Kick Paul Davis out and delete his posts. He’s a clown, and like you said, he’s not contributing to the conversation that’s about the post itself.

  • D. Pressed

    Paul Davis is entitled to show himself up for what he is in my opinion. This discussion is primarily about BB, but I don’t think BB can be discussed fairly entirely in isolation. It’s relevant to put it into the context of internet marketing generally and allow people to promote/defend and decide for themselves whether legality necessarily equates to fairness and legitimacy. To this end, I will now try to repost the piece i wrote last night but wisely saved to a wrod doc. I will split it into segments so, as Finch says, there should be no problem with them being published. The only difference between the ones that have and the ones that haven’t is the number of words……

  • D. Pressed

    PART ONE:

    So, you’re a writer Finch. You sell e-books about how to set up an online business, for people who have something they can sell on line…such as e-books! I have no problem with you having a passion for writing. I don’t find it surprising or strange either. Millions of people love to write and I’m one of them. In fact I have a talent which has been recognised the world over thanks to the internet. I’ve made no money from it, but it’s damn good fun! :-)

    I love writing comments on forums and blogs of all sorts, using my intellect and my own literary communication skills to challenge the immense amount of crap that the internet has generated over the past several years. One of the things I find most disturbing is that there are so many people who don’t give a damn whether what they or their customers (affiliates) sell is useful or useless, as long as they sell.

    Living the dream need not involve giving value for money. As long as enough people buy into the theory of the product/service, then yes, it is possible to make a living from your laptop. Whether a ‘good’ living is defined by the amount of money extracted from paying customers, or whether ‘good’ includes an element of conscience as well as conscienciousness, depends on whether the person making that living cares. Making a ‘good’ living within the law doesn’t necessarily make it a ‘good’ living in terms of morals or ethics.

    Some people lie, cheat, make ludicrous claims of easy money. Others try the opposite tack and suggest that even selling crap isn’t necessarily easy, but the basic premise is that the world is full of idiots and the internet has joyously enabled smart writers/marketeers to connect with millions more mugs than was ever possible in the days when rip-offs were confined to cup and ball tricks in shady doorways and blokes in pubs with forty wristwatches stretched from wrist to shoulder.

    Nowadays, you don’t even need a product. Just the idea of a product, or a system or a method and you can sell that idea instead of making money from the idea by putting it into practice! One of the great examples of this phenomena is the plethora of gambling ‘systems’ that can be bought, via e-book, on the net. Horse racing, dog racing, casino systems etc. These cost anything from a few quid to £100′s depending on the nerve of the marketeer and, probably, the greater his/her talent for dressing a turd in tinsel and making it look like God’s most wonderous creation!

  • D. Pressed

    PART TWO:

    And there’s the rub and this is the nub of the problem. Banners Broker takes the view (allegedly) that legality is not an issue as long as they can sustain their business for as long as it takes for a few people to make fortunes and the many mugs to lose their investment and their dream.

    Now, leaving legality aside; have you ever wondered why people buy gambling systems? Presumably because the vendor of the system has devised a system to beat the bookmaker/casino and therefore the purchaser can make a tax free living from gambling too. It sounds great, especially when it’s written up on a website in multiple fonts and colours, with screenshots of the winnings (cheques/bookmaker accounts) that were made by the genius who invented the system. Throw in a few pictures of sports cars, a palm tree on an island, a pile of cash higher than than the mansion it’s set against….and this IS the dream!! Thus, before you can say ‘Paypal’ a thousand dreamers have bought and downloaded this gambler’s golden goose and are eagerly scanning the rules required to extract eggs from its anus. But hang on a minute…or even a second!! Consider this question: WHY would someone who already has the golden goose and has been popping eggs out of its arse tax free to the extent that they no longer need to work for a living……..suddenly decide to A) Sell their system for, say, £50 and B) incur the hassle and tax implications of setting up a virtual business as an internet marketeer?

  • D. Pressed

    You’ve only got questions Paul. My posts are not about how you or I can make money, but about the morality of making money from selling crap, even if it’s legal crap and even if you can persuade some people it isn’t crap or that it’s better crap than other people’s crap!

    PART THREE:

    The simple answers for anyone with an active brain cell is that they wouldn’t. They would simply carry on creaming the profit from their system. So the implication of that conclusion is therefore, the system doesn’t work. Or it has been ‘backfitted’ to make it seem as if it works. The website is a well written piece of conmanship interspersed with fake screen capture shots, fake story, fake everything! But hey, the e-book is real. And loads of people have bought it. So that’s okay then if your plan is JUST to make money from your laptop. And if you pay your taxes on the money made from selling the e-book, the law won’t come after you. It’s not as if you’re operating MLM, a ponzi or anything so distasteful.

    Even better, if the people who buy the book complain, or try out the system and inevitably fail, you can blame them for not trying hard enough, for breaking the rules, for not having the aptitude! Or you can simply refer them to the small part of a vast document whereby you say you can’t ‘promise’ they will succeed. Past performance is not a guarantee of future success etc. Those words keep the refund grabbers away and keep the law on your side and you’ll know that everyone who bought the e-book was too busy sipping a virtual cocktail on a virtual beach to notice that bit, or wonder why someone who made themselves so rich so easily, wants or needs to sell the secret of their success at all. never mind for £15 to £50 with is the general going rate for e-books which look like they might make the buyer more money than they paid for the e-book!……….

    OR…..Like Finch…..

  • D. Pressed

    Or you can can have the balls to tell your customers that your book will almost certainly lead to them failing, but it’s still worth a try and there will always be people who WILL try. Will try to beat the odds. Life’s bookmaker who says the chances of that horse winning are 100/1 but enough dreamers will believe THEY are the ones who can beat the odds because they’ve bought the system!

    Finch Sells. I do not deny it.
    Finch is a skilled writer. I do not deny it.
    Finch tells it as it is. I do not deny it.

    Finch says in his blog:

    ‘The first rule of selling crap online is to have something to sell.’

    This piece of advice is THE FIRST RULE according to Finch, so is worth repeating with emphasis on the ‘c’ word.

    ‘The first rule of selling CRAP online is to have something to sell.’

    Finch has something to sell:

    Empire Strategy’:

    List: 34 dollars 95 cents
    Our price: 34 dollars 95 cents
    Sale: 14 dollars 95 cents
    Savings: 20 dollars

    Wow!! I can read about how to build an empire for a discounted price of only a tenner. What fantastic value for money.

    I wonder if he takes Paypal? ;-)

  • D. Pressed

    So that’s my four part summary of the internet marketing phenomena. I discovered at the end that the blog wouldn’t accept me posting dollar signs which is why they got rejected before! I suppose that’s because all of the dollar signs available to independent writers such as myself, have been siphoned off to a bank account in Belize where they are converted into real money to pay for the care costs of the terminally deluded!!

    :-)

  • D. Pressed

    Apologies for suggesting Finch had censored my posts, before I knew about the problem of the dollar signs. I presume he didn’t know his dollar signs were disappearing either!

    And also apologies for a few typos. I’ve noticed in my four part magnum opus since finally getting it down my upline or up my straightline downline.

    Unfortunately Paul Davis interrupted me in mid-flow and I was cutting/pasting my document hastily, without spell checking it properly, to try and get it down before he posted another fifty adverts for his ‘Bank On Banners’ banner bankering, bank of banners bannerbankertunity of a lifetime.

    Paypal Paul? I’m chomping at the bit…..which reminds me….anyone want to buy a horse racing betting system for a tenner? It’s crap, but the e-book what I writted is prettie goode. It’s even got a picture of a woman in a bikini who will love your winnings almost as much as she loves you. Or vice versa, depending on your attitude to risk.

    :-)

  • Nick

    I can bet 2 things

    1) Paul’s inbox is pretty much empty as so it should be
    and
    2) Paul’s posts will be sent to the scrap heap in the sky where they belong

    Bye bye scammer Paul!

  • Finch

    Paul Davis has been banned, and all of his comments removed from the site. I guess he’ll have to ‘Bank On Traffic’ from his own banners in future.

    D. Pressed – You seem like quite a bitter guy, and you lack a crucial understanding of economics.

    Your argument that it’s morally wrong to peddle ebook crap is pedantic to say the least. Who are you to call a product crap when thousands of happy customers stand as testament that it isn’t?

    A book is a book! Mine are designed to educate, inform, and offer some perspective on the real affiliate marketing industry… they are not designed to change the world, or deliver instant home businesses. You buy in to that stuff. My target market does not.

    I have sold over $100,000 worth of ebooks since October 2011, and I have only ever had to issue 4 refunds. In the Internet Marketing industry, that is quite a unique achievement. One that I’m very proud of.

    Don’t listen to me, though. Listen to the people who actually read the products

    http://blog.ads.pof.com/2011/10/04/best-pof-info-product-ive-seen-in-a-while/
    http://www.ppc.bz/get-money-ho/plenty-of-finch-premium-posts
    http://moneymachinefactory.org/blog/pause-your-plenty-of-fish-advertising-campaigns
    http://z6evolved.com/product-review-finchs-premium-posts/
    http://ipyxel.com/need-landing-page-help-look-no-further-than-finch-sells-premium-posts/

    If you think the world is evil for selling ebooks that don’t turn your life on its head, maybe you should wake up and smell the coffee. A book is just a perspective that you pay for. Nobody forces you, and in my case, nobody says you can’t have your money back if you don’t like it.

    I’m going to let your 4 part tangent stay on the site, despite the fact that it also has absolutely NOTHING to do with the post at hand. But this is the final warning. Stay on topic, or any further comments will be deleted.

    Once again, I’ll copy and paste this…

    Does anybody from Banners Broker have anything to say about the evidence and facts put forward in the original post?

  • jackabc

    My yesteredey’s post was’t published , why?

  • Finch

    Jack – Looks like you posted it in response to the other Banners Broker article. It was approved there: http://finchsells.com/2012/10/21/banners-broker-scam-dont-let-it-affect-you/

  • http://www.wiltshireaccountants.co.uk Phil Hendy

    There does seem to be a lack of people sticking up for Banners Broker.

    Surely if it is such a genuine business then there are answers for everything mentioned in the blog.

    Why is there so much hiding?

  • Ditto Ditto

    Finch, the reason nobody from BB is popping up here to defend the company is that they are all too busy banning everyone else from having an opinion on any other site you care to mention.

    It is a “crime” to speak negatively about the company. I’d go further, as far as BB is concerned, it is a crime to have an opinion that has not been previously approved by the company. It requires a special ad code that won’t be issued until after the event. Bit like the code required to be a publisher or not as the case may be.

    And yes, the above paragraph is a joke…. or is it?

  • jackabc

    So,this is my opinion about BB.
    I think BB is Ponzi in 99.9% (by logic is quite obvious) but guys like:gassin,gay boy, raise some interesting questions (for you Finch to answer).

    “Funny how I get more Money out of BB than I ever put in .. without EVER signing anyone under me !! So I made Money without signing anyone else up under me .. and I bought the Traffic to do it. Im a TRAFFIC TRADER .. so I make money from monetizing Traffic .. pretty Basic stuff. so how is that MLM when i didn’t sign anyone under me to make that money !!”

    So, if more money is taken from BB,than put in (by not sing in anyone under)-system should implode pretty fast (on average-after 6 months, money start to leaving the system in those particular cases).

    But probably, there is only very small margin of people who don’t have anyone under (and their’s withdrawals are relatively small)

    In case of traffic trade with BB, I believe is the way of BB, to legitimize them-selfs(for small cost). This traffic trade is only small margin compare to full cash flow in BB.
    But I’m not into on-line advertising. What do you -Finch or anyone – think about it?

  • http://www.moneymakingautobot.com Brian

    Wow Finch, thanks for the detail research and the longest post I have ever read. I almost fall into the BB traps. Thanks again for “waked up” a lot of people that want to make money online! There are so many “methods” to make money online, just that is it a legal or illegal way.

    I love your post!

  • brenie

    jackabc …. sadly enough the world is full off liars …. i joined BB because a very good friend talked me into it … did some due dilligence but not to deep sadly enough …. but that’s my fault don’t blame anyone else but myself … back too your question i am well over 6 month’s in BB and believe me you don’t have your money back if you don’t sign anyone up under you …. what they are telling you is their virtual earnings NOT what they have withdrawed …. my virtual earnings are wel in the 4 figures but surprise surprise i have been able to withdrawal peanuts till now … and even that makes me sick because i know it comes from an other poor sucker who got talked into it …

    kind regards

    brenie

  • Finch

    I just received a comment on this post from a guy called Tor saying:

    “What happened to the Paul Davis posts finch?

    I’m a BB member and signed up for his Bank On Traffic program.

    I read yesterday where Paul chided you about your ads on the right side of this blog. Ads selling your personal crap…” etc etc etc

    His IP and browser was an exact match to the previous comments left by Paul Davis.

    I guess that tells you all you need to know about Paul Davis: a fraud who posts flattering messages about himself.

    The sad thing is, he’ll probably have a successful career with his ponzi.

    Bank On Traffic = Avoid

  • Finch

    Jack – I take all earnings claims from BB members with a truckload of salt.

    Anybody can say that they’ve made X amount from the program. And inevitably, these numbers are embellished to lure new members in to their downlines.

    Also, what BB members typically fail to mention is the difference between their current account balance and how much they’ve actually withdrawn versus how much they’ve invested.

    Nearly all members believe they’re profiting because the system says so. But what does it mean if they don’t have the money in their bank accounts? It’s just an online IOU.

    If you compared the money injected against the money withdrawn, you would have a much lower ratio of people in profit.

    And let’s not forget about those taxes. Most BB members, by law, are required to hand over a large sum of their earnings to the tax man. The way that BB operates means that to be a part of the program and abide by the law, you are going to be paying more to the tax man than you have currently received from BB.

    It seems most ‘investors’ overlook this vital part of the equation, which shows just how half-baked the concept is.

  • Finch

    Paul Davis is still annoyed:

    I won’t bother dragging out the other evidence. The matching California locations, the exact same browser, the exact same operating systems…

    You’re not very good at this ponzi business, are you Paul? Maybe you can contact Banners Broker HQ for a training manual…

  • D. Pressed

    I can easily counter your assertions that A) I’m bitter….only with regard to being ripped-off. Anyone would be!…but I’m not a ranter. And I’ve not been ripped off by you. Nor do I envy your personal financial success, or your lifestyle; because success means different things to different people. If we all wanted the same things and pursued them the same way; humanity couldn’t survive beyond a generation!

    B) It is ‘pedantic’ to believe that knowingly selling crap is wrong. It isn’t!…. and C) That the economics of profitable selling is relevant in the context of an ethical discourse.

    Re. B and C:

    Think Gerald Ratner!…his crap only became crap to his customers when they heard him tell them it was crap! The clever marketing which made him a fortune, was eventually crushed by an ethical PR catastrophe which saw him lose the lot!

    I will address positively your assertion that I specifically think your e-books are crap. I don’t and didn’t say so. I just said you have something to sell. I haven’t read them but I have reason to think they are well written and well researched. My concluding point was that you provide access to platforms and ENCOURAGE (via the ‘first rule’ quote) others who WILL use to sell products/services that may well be undeniable crap; Therefore your e-books do offer value for money to those who only consider the economics of their business, and not the ethics. And of course they can offer good advice and opportunties to those who have a good, honest product/service to sell at a fair price.

    I don’t think it’s pedantic to separate cause and effect….the easier it becomes for people to sell ‘crap’ on the internet, the more bitter those who eventually discover they have been duped will become! Bitterness and anger feeds into the general selfishness, spite, deceit and malaise which afflicts modern society. This is important. Greed is NOT good.

    I promise I’ll leave it at that. People have (more than) enough opinion to make up their own minds as to whether I have made a fair point and valid contribution to the discussion; if you’ll allow this last post to be published!

    Well done for exposing another internet marketing potential scam perpetrated by ‘PD’. That’s good investigative work. It does display your knowledge of the mechanics and biology of the internet; and it shows me that it IS important to expose unethical as well as uneconomical ‘marketeers’ such as PD to stop the spread of crap. I certainly wouldn’t call your exposure of his unethical and dishonest ‘marketing’ tactics to be ‘pedantic’!

    Getting back on topic is difficult: ‘Does anybody from Banners Broker have anything to say about the evidence and facts put forward in the original post?’

    Your evidence and facts are so well researched and transparent, that anybody from BB could only say (if they’re being honest)…well done Finch. You’ve sussed us out completely.

    It would amount to BB telling their customers that the crap they are buying into IS crap. And unless Gerald Ratner now works for BB as their PR man, it’s very unlikely to happen!

    I have no idea what’s going to happen next with BB; and will confine myself to reading comments about BB on this blog and elsewhere from now on; because I’ve got nothing new to add, either on, or off topic!

    FINALLY: Sorry, Theseus but I won’t post the UK address for Stellar Point. If Finch wants to, or anyone else, that’s up to them, but I still have reason to use it for its intended purpose. Its wide exposure on the net may compromise the possibility of BB ‘affiliates’ who have seen the light, and do want to get out via the claimed legitimate route, from doing so before the whole thing caves in. All I will say is that its geographical location does not lead me to any obvious conclusions as to who set it up or whether the person/people are still associated with/working for BB or Stellar Point.

    Cheerio folks!

  • Andy

    A sucker is born every minute!

  • Ramesh Kumar

    INDIA BB OFFICE IN GOA SEIZED BY POLICE
    the police have started investigations into our Indian operations and have charged us under IPC under section 4,5,6 of the PCMC (banning) act 1978 , 406 and 420.

  • Ramesh Kumar

    Notice
    This is to inform our affiliates in India about the recent developments in which the Goa police have seized documentation and computers from our offices in Goa. Also note that these offices are temporarily closed.

    This is due to some of our affiliates and an ex-employee explaining the compensation plan of Banners Broker incorrectly thus not only causing confusion but breaking the very strict Policies and Procedures of Banners Broker.

    As is already common knowledge our International Compliance Department have from time to time not only warned affiliates and employees of the risk of termination for misleading the public but have had cause to suspend accounts as well as terminating such offenders. This not only applies to presenting misleading information verbally but also applies to illegal websites, blogs, and social media content. The most recent termination was that of our CEO and Director of Banners Broker India, Mr Edney Heredia in the month of October 2012. He was asked to resign by the International management of Banners Broker International for misrepresenting the compensation plan which includes inviting people to join Banners Broker under false pretences and illegal promises in total disregard for the laws of the land, and for mistreating affiliates.

    Meanwhile , the police have started investigations into our Indian operations and have charged us under IPC under section 4,5,6 of the PCMC (banning) act 1978 , 406 and 420. This has all been undertaken with limited knowledge and understanding of our business model by the police because of wrong information given to them by three of the misguided affiliates and the recently terminated employee.

    The police therefore are looking at it, and quite understandably, from a different point of view and therefore asking us about the approval from RBI. Our Answers to the charges are as follows:- 1) Approval from RBI and 4,5,6 -PCMC (banning) act 1978 – approval from RBI is needed by Banks, Non banking finance companies and the companies promising returns on investments which is not the business model of Banners Broker. Along with the same we also wish to make clear that our compensation plan is not an MLM or a multilevel marketing plan or a chain marketing plan which pays others on the sales done by their down lines. According to our compensation plan, we only pay money to affiliates when…revenue has been generated from the advertisers placing ads on the inventory owned by each affiliate. We do not pay affiliates for introducing new affiliates to the company , and affiliates earn money purely from their own efforts and not from the efforts of others. It is also important to always bear in mind that there is no guarantee regarding fixed income within the compensation plan and that commission payments are paid purely on the basis of a satisfactory completion of a campaign within the Blind Network, based upon the traffic the website receives. Because traffic varies, Banners Broker International never guarantees a timeline of when an Affiliate will earn revenue. And therefore we are very confident that our business model ( and the compensation plan) does not come under the PCMC (banning) act 1978. 2) I.P.C. 420 – the charges made against the company under this IPC which means that we have cheated the complainants. This can only mean that the affiliates had been induced by other affiliates or our ex employee by giving wrong commitments and information on the compensation plan and our payment procedures. 3) I.P.C. 406 (for criminal breach of trust) – there is no way that the company has not honored the commitments made by it (documented or in writing).Though we feel that the case is based purely on “mischievousness’ caused by the recently fired ex-employee of Banners Broker India who still continues to be a director in the company (till we find a suitable candidate for the same)

    We will cooperate with the police to uncover the truth and the reasons behind the allegations made against us.

    We state that , we are fully compliant to the laws of the land including company formation – where the company – Banners Broker India Private limited is registered in India and is a reseller of the products , we currently have 2 directors as required by the law – both the directors have signed the agreement with an undertaking that they fully understand of the viability of the business model and have personally conducted hundreds of seminars with that conviction, we do not transfer the funds collected for sale of the product from the Indian affiliates to any other country but keep the funds in our company accounts in India , all taxes are paid in India as per the tax guidelines , all books of accounts maintained as per the rules , etc.

    We will try our best to get to get back on track as soon as we manage to convince the police of our business model. Please be patient and refrain from misrepresenting the business model now and in the future.

    PS: Please be informed that although Mr Edney Heredia has been terminated from Banners Broker he continues to be one of the directors, and 50% shareholder in the company as he refused to relinquish his shares in the company. He tried to sell his shares for $50,000 and when this was refused he reduced his request to $10,000 which was still refused by the Executives of Banners Broker International.

    Please be aware that we have signed documentation supporting all statements above

    Affiliates and public are requested to direct all their queries and complaints about him on the email compliance@bannersbroker.com

  • Finch

    Ramesh – That’s significant news if it’s true.

    Where are you hearing this information from?

    Edit: Thanks for the clarification.

    Looks like the Indian police won’t be investing in the Banners Broker model either, then! This could be the beginning of a very rapid end.

  • http://www.slimgeldverdienen.nl Joeri

    What is the source of this information about closing down the office? Thanks.

  • Theseus

    @ D. Pressed

    Re the UK office of Stellar Point

    “All I will say is that its geographical location does not lead me to any obvious conclusions as to who set it up or whether the person/people are still associated with/working for BB or Stellar Point.”

    Have another look, that address belongs to Adverts Galore Ltd *not* Stellar Point. Adverts Galore is Ian Driscoll’s company and Ian Driscoll has jumped (or been pushed) ship, so good luck getting a refund through *that* (or any) channel…..

  • Finch

    It’s pretty laughable that the 50% shareholder of Banners Broker India was trying to sell his half of the company for $10,000, and yet that was still considered a bad deal.

    Is this the same company that allegedly pays out $100 Million per year to affiliates? And yet a 50% shareholder values the business at $20,000?

    I’d have been asking for $100 Million, not $10,000!

    The circus goes on… but probably for only a few days longer.

  • Genady

    This is the end guys!BB gets what it deserves.I bet other countries will soon investigate this scam and shut it down

  • http://stantjaden.com Stan

    Finch,

    Great article. Enjoyed reading it all.
    Some members of Empower Network have been pushing BB and finally, I decided to take a look at it. I could not make heads nor tails out the their blue-green-whatever panels and thought I would investigate it further. That’s when I found your blog post.

    You really did a lot of research and wrote a great post. Thanks for doing all that investigative work so I could get a straight answer about BB.

    Also, you really handled many of the comments extremely well. I read the whole thread and feel this has seet the tone for a tremendous new year of 2013.

    Would you be so kind and explain the value of EWA? I saw this … “Dion – If you drop me an email (finch@finchsells.com) with your name and the email you used to register at EWA, I’ll pass it on to get you approved.”

    Would you post a link or send me a link to how I can learn more about EWA?

    Keep up the quality posts! I will subscribe to your blog.

    Stan

  • http://stantjaden.com Stan

    Wow, I noticed a few typos in my comment post. Is there any way to edit my comment?

  • Finch

    Stan – I wouldn’t worry about the typos, just cleaned it up for you!

    EWA is one of many CPA networks where affiliates can promote different products and services to earn commission. It’s what I do for a living, although EWA is just one of many networks that I use – and I haven’t used them for a while. That ad is paid for by EWA.

    Here’s some free info on the CPA marketing that I do for a living: http://finchsells.com/my-affiliate-toolbox/

    You can also check out the free Survival Kit. If you have any specific questions, drop me an email. Although with New Years upon us, I might not get to it for a while!

    Happy 2013, everybody. Enjoy the celebrations.

  • Ramesh Kumar

    http://finchsells.com/2012/12/20/banners-broker-scam-update/comment-page-1/#comment-73079

    Guys the update is provided in the dashboard when you login to BB for Indian Affiliates.

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Finch: There are two things that stand out in regard to this announcement to me. The first was that while they terminated Mr Edney Heredia from Banners Broker, they allowed him to continue to be one of the directors and 50% shareholder in the company. Are you kidding me? He gets them in all this hot water and they keep him on as director?

    Second is that he tried to sell his shares to the Executives of Banners Broker International, and they refused, not only for $50,000 but for $10,000. Guess the Executives of Banners Broker International don’t think very much of their company do they.

    But this is a professional business being run by a self-described math genius and astute businessmen; but it’s not a Ponzi. LOLOLOLOL!

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Actually there is a third thing, and that is he “refused” to “relinquish” his shares. He had an option? If he is being kept as a director, why would he be required to give up his shares as is implied?

    This is like watching an episode of the Keystone Cops and the 3 Stooges all rolled into one.

  • Geoffh99

    I was invited a few days ago to join BB by an old friend and after doing a few basic checks watched a you tube video which showed how you could double your money month after month – Now I may be getting on in years but a Guaranteed 100% ROI is just a fairy tale -it’s NOT possible and never will be – then I did a bit more digging and found this site – very informative and confirmed what I had already discovered – It’s a Ponzi Scam – If you are thinking of joining, my advice is Don’t – but hey it’s your £ so do what you want, but I Guarantee it will end in tears and sadly a lot of nice, decent (but naive) people are going to lose a lot of money and some will have their lives destroyed and that’s a real shame.

  • Miccky

    Banners Broker always looked like ponzi to me. It wasn´t so succesfull ponzi until Zeekrewards went down. After Zeekrewards went down. Banners Broker started to gain momentum. Now they have over 250000 affiliates. But last month it looks like they are going down slowly. We will see.

  • bundip

    Finch. Charged does not = guilty

    Also Finch don’t ponzis need fresh money pumped in by new members to pay the older ones??

  • Finch

    You’re right. Charged does not mean guilty. But we’ve got an awful lot of reason to believe that the existing evidence makes that outcome an inevitability. Time will tell, right?

    And to your second point, yes, they do.

  • coraman

    this guy finchsells cashesh the keywords abusing bannersbroker.
    he is killing so many people by his wrirings by making bannersbroker weak.as new people was warned its enough.. if all these people mke wrong things to bb operation thousands will suicide thier lives now please support banners broker make it live and make people live it pays why you guys abuse it to make it stop pay like this guy finch sells earns a lot of money by his blog what about us we poor guys dont know much about internet. bannes broker supports our lives please support it be likw humans…please publish this comment

  • coraman

    please support banners broker..it pays… please

  • Finch

    Coraman – Banners Broker may be your hero today, but for every penny you receive, somebody else has to suffer. That is how the ponzi operation works.

    You may, eventually, be one of those affiliates to suffer.

    Still, it’s not bloggers like me you should be blaming. None of what I say could have ANY detrimental effect on your business if it wasn’t 100% true. And the fact that it’s true means that it needs to be said, because even more people will suffer if it isn’t.

    I didn’t sell you a ‘get rich quick’ dream. Somebody else did.

    It’s almost inevitable that Banners Broker will attempt to blame its collapse on ‘naysayers’ (like myself) and uninformed affiliates. Don’t buy it. The smoke never starts the fire.

  • George Myhowcyz

    Finch,

    Very interesting to note that you have re-modelled your site in order to ‘monetize’ from Banners Broker traffic.

    Question – Do you have a holy grail solution for a newbie internet marketer that you offer? Presumably at a cost to the buyer, that he/she will not be able to make money after implementing this??

    Many items, your condensed blogs and so on are now being sold to visitors of this site….

    Talk of ambulance chasers, well you sir are surely one of them?? You benefit from other people’s misery….

    BB office in India was shut down because Indian Government are shutting down ANY company that has even a hint of MLM element to it.

    BB is not MLM and contrary to what has been said here, you do not have to go and sponsor people to make money…

    In all fairness BB does not do itself justice and must go after people who are making wild accusations based on zero evidence…. Are you willing to legally challenge BB in court and be sued for liable? Do you have enough assets to cover your liabilities and legal costs???

    BB is being paid by advertising publisher network, all affiliates I know of, are being paid often daily and money is being loaded on to a pre-paid card! New members can join under their sponsor, who can subsequently buy the package for them hence no NEW money in being pumped into system and existing money is being utilised again….

    To illustrate if James wanted to join under Mark, and Mark had $145 in his eWallet, he could buy James a package and transfer it into his account and take cash off him… How does this introduce new money???

    Who is more credible YOU or David Hooker who is a TV presenter, business coach and motivational speaker in Canada? There’s no comparison…

    WHY would he put his name to BB, if he thought it was a Ponzi/scam as alleged by YOU, and some of your other loser mates??

    YOUR own description, paints a picture of a 24 year old scumbag who had to move abroad because he could not afford cost of living in US??

    Do you have any REAL friends?? Or do you have 5000 Facebook virtual friends???

    Get a life and if you have the courage post this comment….

  • Della Cate

    Dear George

    Finch clearly has courage as your comment is duly posted.

    I have visited his site frequently and have never bought a thing from him, nor have I been offered anything. In any case, it is irrelevant to me if he is selling something; I simply stumbled across his site while looking for information – and found it.

    Kind regards.

    PS: I think resorting to personal attacks undermines arguments. Just an observation.
    PPS: Had never heard of Mr Hooker before I came here. Just another observation.

  • Theseus

    “Who is more credible YOU or David Hooker who is a TV presenter, business coach and motivational speaker in Canada?”

    Have you ever read any of the “motivational” stuff Hooker posts on Facebook?

    He couldn’t motivate me to get out of a burning car.

  • Ditto Ditto

    @ Finch

    I am now hurt that you have *still* not tried to flog me some of your “wares” even though I have commented on two of your blog posts. Oh and this is a joke for those who do not speak English as a first language.

    @ George M

    Would like to see the evidence to back up your assertion that Finch is an ambulance chaser of any kind. To use a football analogy, play the ball, not the man. Ad hominem attacks only prove the point that you have lost the argument. Not bad for a first post on here.

    With all best wishes to *everyone* who posts on here for 2013.

  • Finch

    George – Pretty pathetic argument.

    At what point after creating a product must its author sacrifice his right to an opinion?

    ***
    >>Question – Do you have a holy grail solution for a newbie internet marketer that you offer? Presumably at a cost to the buyer, that he/she will not be able to make money after implementing this??
    ***

    No, I don’t offer “holy grail” solutions.

    But I do enjoy the irony of the pro-BB crowd continuously mentioning my products as if it’s the reason why I wrote this post. You won’t find a single reference to ANY of my products in any of my Banners Broker posts. And why would you? They have nothing to do with each other. I guess if you can’t beat the argument, pretend that there’s a vested interest? Whatever floats your boat.

    I guess I should be grateful for the free publicity?

    ***
    >> BB office in India was shut down because Indian Government are shutting down ANY company that has even a hint of MLM element to it.

    BB is not MLM and contrary to what has been said here, you do not have to go and sponsor people to make money…
    ***

    Give it a rest. Have you even read the statement from the Goa police?

    You clearly love to make comparisons (Finch vs. David Hooker). How about this one…

    You and your vested interest in seeing Banners Broker succeed vs. the Indian Government and their vested interest in stamping out dirty little ponzis.

    I know who I’m backing…

    ***
    >> In all fairness BB does not do itself justice and must go after people who are making wild accusations based on zero evidence…. Are you willing to legally challenge BB in court and be sued for liable? Do you have enough assets to cover your liabilities and legal costs???
    ***

    LOL, I am quite prepared to challenge BB in a court of law. Show me where the queue starts and I’ll join the back of the line.

    Do we get to throw eggs?

    ***
    >> BB is being paid by advertising publisher network, all affiliates I know of, are being paid often daily and money is being loaded on to a pre-paid card! New members can join under their sponsor, who can subsequently buy the package for them hence no NEW money in being pumped into system and existing money is being utilised again….
    ***

    More whimsical nuggets. You are full of them.

    All affiliates are being paid often daily? That’s news to ‘all affiliates’.

    No response to the fact that the BB ‘advertiser publisher network’ (whatever that is) clearly doesn’t do what it says on the tin? Have you tried using it?

    Let me save you some time:

    It does not work.

    ***
    >> Who is more credible YOU or David Hooker who is a TV presenter, business coach and motivational speaker in Canada? There’s no comparison…
    ***

    Forgive me for tooting my own horn here, but I’m going to say probably me.

    From what I’ve seen and heard of David Hooker, he’s a great speaker cursed with the misfortune of being about 99.7% full of shit. Sounds about right for the Moses of Cult BB.

    ***
    >> YOUR own description, paints a picture of a 24 year old scumbag who had to move abroad because he could not afford cost of living in US??
    ***

    I’ve never lived in America so congratulations on another research fail.

    BTW, have you ever tried “cutting costs” by moving to a different continent? This is a form of budgeting that is quite foreign to me. Next time I’m struggling financially, remind me to follow the Finch Handbook and spend about £30,000 travelling around Asia for a year. I’m sure that will save on the electric bills.

    ***
    >> Do you have any REAL friends?? Or do you have 5000 Facebook virtual friends???
    ***

    Shall I bring you your coat? You know your argument is lost when you’ve resorted to questioning somebody’s social life in a debate about a ponzi scheme.

    Mine is just fine. Yours might not be if you’ve entangled your family and friends in the webs of a ponzi scheme that is about to explode spectacularly.

    Good luck explaining that.

  • George Myhowcyz

    Finch,

    Still waiting for your response re my post? I do not believe you have not read it or do you choose not to respond?

    It is interesting to note that your mates are coming forward defending your actions – probably won’t put up much of a fight if they had to PROVE that BB was definitive Ponzi scheme beyond any doubt! There is NO proof just your observations / opinions of a self confessed ‘scumbag’.

    I hope you do not mind me using your word ‘scumbag’ to describe yourself – not a lot of credibility if you call yourself a scumbag, would your mates agree perhaps??

    @ Theseus – with respect my questions were directed at Mr. Finch and not yourself however, if you could not be motivated to step out of a burning car, you do not have much desire to live perhaps?

    @ Theseus – I do not use Facebook. It is for people with no REAL friends!

    @ Della Cate and @ Theseus – Do you not agree that Finch’s blog has been rebranded with a heavy emphasis on ‘monetization’ element. He obviously is benefitting from recent developments with BB, and other companies that have are being investigated by Indian Authorities.

    If Finch is a true journalist, he would want to seek the truth and provide a BALANCED view e.g. what happened in India targeted many companies NOT just BB, as he points out? His careful use of economic words to line his own pockets??

    @ Ditto Ditto – I hope that in above example, I have given you enough evidence that Finch is an ambulance chaser – he’s not providing his visitors with a balanced view – instead view is biased as aforementioned.

    Finch – PROVE to us that BB is a Ponzi scheme? Until proven you are bad mouthing for your own gain.

    How do I know that these ‘supporters’ of yours, who rallied within minutes to respond to my posts, aren’t posts made up by yourself – two posts are a just a minute apart!!!

    It seems that Finch and his supporters are against any balanced view or a difference of opinion??

  • Finch

    George – You truly are scraping the barrel, aren’t you?

    >> “@ Theseus – I do not use Facebook. It is for people with no REAL friends!”

    NEWSFLASH for George Myhowcyz: Over 68% of the UK population has a Facebook.

    Is the majority of the UK friendless?

    On this evidence, you are clearly behind the curve on this ‘Internet thing’. Why should we trust that you know which online advertising companies to invest in?

  • http://www.wiltshireaccountants.co.uk Phil Hendy

    George, your arguments are hilarious.

    How about trying to provide some backup against the points Finch has made?

    This is why people have the ‘negative’ opinions. No one is able to provide any evidence to say it is not a Ponzi.

  • Seven Howard

    To all the BB guys, the games up but don’t worry the next “Big Thing” will be just around the corner.

    The problem is, Finch and the folks at realscam.com have got their eyes wide open for con jobs like this and will hunt you down.

    My advice, find another profession or something that is honest and legal.

    If you’ve withdrawn money from BB, you ought to be really worried, there’s a chance you could be complicit in money laundering and fraud.

    Some people will probably (hopefully) be going to prison for a very long time and could well lose everything because of the proceeds of crime act (2002). That COULD be YOU !!!!, get out now while you can, it would be some sort of defence should you need it.

    I’ll certainly be doing my bit to try and secure convictions.

    Oh yeah, if as it looks BB does go to the wall, just remember WHO has your credit/debit card details, your passport, your proof of identity, even notarized ones.

    Oh dear !!!!.

  • George Myhowcyz

    Hey Finch,

    You still haven’t got the balls to reply to my post, as I asked you to clarify why your blog has had a face-lift? Care to comment?

    If you can be bothered to answer truthfully, that is if you do not lie of course. I am still waiting for an answer from a scumbag?

    @ Phil – are you not the famous Phil who left BB for whatever reason. Care to comment what you found that was so shocking that you left. If anyone knows this business from trolls, you might be the one?

    @ Steven – If BB was a scam I am sure the authorities will find those who are actively involved in the business guilty as charged. They always follow the money trail in any scam. Problem is you guys have seen you so many scams, anything that you do not understand or you and your mate Finch aren’t promoting is labelled a scam as well?

    @ Finch – Have you actually spoken to BB management about how their business is run? Could you afford a flight to Canada to visit their office?

    I thought not.

  • George Myhowcyz

    This is a funny comment:

    The problem is, Finch and the folks at realscam.com have got their eyes wide open for con jobs like this and will hunt you down.

    ‘will hunt you down’ what are you mercenaries now?

  • Finch

    George – My blog has not had a face-lift. I haven’t changed the design or setup since 2011. What are you even talking about?

    The reason I refer to myself as a ‘scumbag’ is because I work in online advertising. That’s what people think of us, right? It’s pretty tongue in cheek. If you couldn’t decipher that, then slap yourself in the face and try again.

    >> @ Finch – Have you actually spoken to BB management about how their business is run? Could you afford a flight to Canada to visit their office?

    Why would I want to?

    I mean, even if I wanted to invest in the program, you do realise that accounts are terminated for speaking negatively of BB, right? How long do you think the guy ranking top of Google for “Banners Broker scam” is going to last?

    Not that I’d touch the program with a barge pole.

    ‘An Evening With Rajiv Dixit’ is not my idea of time well invested.

  • George Myhowcyz

    Phil – look what I found on LinkedIn?

    Phil Hendy • I have been in since January. My only bit of advice would be to avoid the sharks and find a good sponsor. I can recommend Tim Matcham above or Roland Millward. The key is to talk to all of the guys above and find the right person that you think will help you the most.

  • Theseus

    Ponzi Defender 101; when all else fails go for the personal attacks.

  • Marniko

    I belief more and more than this Finch site is a peace of scam , seems he really enjoy this stuff !

    I hope someday police will do investigation about the sensation of the Fince site !

    You so interest in sensation and traffic to your website !

    Lets start today the investigation !!

  • George Myhowcyz

    @ Theseus Ponzi 101 – more like hypocrisy 101 in Phil’s case.

    As for Mr. Loud Mouth Finch – he’s shut up now, won’t answer why he’s monetizing his site by re branding it, and promoting other products / services.

    Read this disclaimer: (Note: comment about ‘it could be a scratch of my balls at some predetermined date in the future.’)

    This is an affiliate marketing blog. Hurr-durr.

    You can assume that every product I link to has a commission attached to it. It could be money, it could be a free copy of said product, it could be a scratch of my balls at some predetermined date in the future.

    I get paid money by various companies when readers sign up to certain products and services through my links.

    Does that mean you shouldn’t trust my recommendations?

    No, because if I didn’t like them, I wouldn’t write about them.

    On the extremely rare occasion that I haven’t tried the product, I will be recommending it based on solid feedback from other sources that I trust.

    Ultimate disclaimer: Those sources will never be The Warrior Forum.

    I do not know about you Theseus but people like Phil (respectable accountantants with a professional careers) should associate themselves with a guy like Finch?

    **** READ his profile ******

    Hey, I’m Finch, a 21 22 23 24 year old affiliate marketer from London, England.

    FinchMy job is marketing, but my passion is writing. Writing about marketing seemed like a good idea. And so this blog has turned in to something of a Lifestyle slash Marketing slash Monetizing the Internet crusade.

    Damn right but you won’t admit now would you Finch? Do you have balls??

    Internet Marketing is a crazy way to make a living. My primary purpose on this blog is to curate the insanity, while calling out the bullshit for what it is.

    NO your primary role is to sell your visitors other crap!

    LOOK @ HIS REAL ANALYTICAL POWERS – FIGURE OUT HOW INTELLIGENT HE REALLY IS:

    My objective was always to work for myself. I never finished college and I never went to University. I gave up a good city job to pursue a career on the Internet, and unlike many, it hasn’t been the ruin of me. The challenges, however, remain constant.

    YES what was your City job – Not in Banking sector or any other high flying role? They hired you simply because you dropped out of school and were so academically ‘bright’ – as judging by your own writing style below, I do not think William Shakespeare has anything to worry about??

    If you’ve come to this profile page expecting me to lay my balls bare, you obviously haven’t been reading long enough. Likewise, if you came to discover my favourite movies, relationship status or what I listen to on a Sunday morning, you’re exactly the kind of voyeuristic psychopath that I’m trying not to attract.

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    George: I personally want to thank you for your posts. You see you have done more to ruin the reputation of BB than anything any of us “naysayers, trolls” or any other names you have called us have said.

    As previously stated, when you have to attack the character of the person you disagree with, you have lost the battle and the war. In the Ponzi playbook it says that when you can’t argue with facts, discredit the person with personal attacks. When you can’t argue with facts, deflect, obfuscate, and ignore the questions that expose your Ponzi.

    This has been the tactics of all Ponzi pimps and shills for over 8 years now that I have been following and exposing them. You are no different than the thousands I have dealt with before trying to defend their Ponzi de Jour. And every one of them was a Ponzi despite all their claims their program was not a Ponzi. BB is no different and it is now just a matter of time until this implodes and charges are filed by multiple jurisdictions.

    Rather interesting that the BB offices closed down during this period when the issue in India happened. How convenient the offices were closed and they were out of Dodge.

    There is no-one who is going to be sued for libel, slander or for any other reason by BB. It is all smoke and mirrors. The last place these criminals want to be is in a court of law trying to defend their Ponzi.

    If BB is so legal, then why have you not taken each of the points made by Finch and refuted them with facts to debunk them? Instead all you have done is deflect and try to impugn Finch’s character. Monumental fail. Besides, anyone coming here to post does not have to buy anything. So what if he monitizes his blog? It is his blog and he can do whatever he wants with it. It’s not your business or anyone else’s business what he does with his blog.

  • Dave

    What an obtuse person you are, Martin Osborne (Finch). Your non sequitur replies to George are outstanding. Do you take lessons from that decrepit cunt with a woman’s name? What will you do when the Indian authorities give a clean bill of health to Banners Broker? Perhaps you could give all the proceeds from that crap you are selling, on this blog, to a charitable cause? At least show some courage of your convictions.

  • Theseus

    Meanwhile, back on planet earth…..

  • Dave

    George
    Did you used to be the Iraqi information minister during the gulf war?

  • bundip

    OK Finch so going back to mine and George’s point above that Ponzis need fresh money pumped into it to keep it going (which you still havent addressed) I am going to ask the question again:

    So if BB is a ponzi, why do they allow someone to join and buy a package from their referrer (who buys on their using funds from their ewallet)? They then pay cash to the referrer and no fresh money ever hits BB from this new affiliate. The new affiliate then enjoys the earnings from this one time purchase and never adds fresh money. A ponzi would not have this facility.

    I look forward to hearing your response!

  • Grandaõ

    @bundip <>

    I’m reading this blog only for four days now, and the reason I ended up here was a Brazilian friend of mine who offered me ‘some interesting business’. She received a ‘free’ BB-package from Dutch friend who’s also in BB, and she tried to convince me that I should buy a package myself via her BB-link. So one of the reasons why BB is offering the ‘free’ package option is that they are expecting to get new investors via people who have received such a ‘free’ package.

  • Finch

    Bundip – It’s pretty simple, really. The gifting of panels is designed to lure new members in to the system as a ‘try before you buy’.

    Most of these users are going to invest their own funds eventually, or recruit people to their downlines. Gifted panels makes up only a very tiny part of the money being cycled.

    As for “A ponzi would not have this facility“… why not? It’s just a smart recruitment drive. It encourages growth.

    Dave – Wow, “decrepit **** with a woman’s name“?

    Hateful, much? I guess it sucks that your little criminal enterprise is about to hit the wall.

    Nice job spelling my name wrong, btw.

    George – Ahh, George…

    I was about to respond to your points. But it seems that you don’t actually have any. You’d rather indulge readers in a game of This Is Your Life, Finch, by sourcing information that is a whole ONE click away for anybody who wants to find it.

    Great research, George. Is that what you considered due-diligence before joining BB?

    One point…

    >> YES what was your City job – Not in Banking sector or any other high flying role? They hired you simply because you dropped out of school and were so academically ‘bright’ – as judging by your own writing style below, I do not think William Shakespeare has anything to worry about??

    No, I did not work in banking. I worked for a web agency in central London until I was 21, then I quit to start my own business. Unlike Chris Smith and co, I actually have a background in this whole ‘Internet thing’. And unlike people like you, I’ve managed to create a real business that isn’t a get rich quick scheme.

    What have you achieved, George?

    To be honest, I can’t quite remember why I’m sitting here explaining my life story. Perhaps it’s because you have absolutely no argument for the evidence against Banners Broker and you needed something else to talk about?

    The only element you’ve added to this discussion is a living, breathing, shit-talking case study of the average ponzi investor.

    Good luck in 2013. You’ll probably need it.

  • Seven Howard

    In reply to George Myhowcyz, who said this :

    @ Steven – If BB was a scam I am sure the authorities will find those who are actively involved in the business guilty as charged. They always follow the money trail in any scam. Problem is you guys have seen you so many scams, anything that you do not understand or you and your mate Finch aren’t promoting is labelled a scam as well?

    ————————————————–

    George, I AM A MEMBER OF BB, but never recruited anyone since joining in Feb last year.

    Finch IS NOT my “Mate”, I don’t know him from Adam.

    I’ve looked into the BB model and yes my (monopoly) “money” keeps going up, BUT I can’t get my hands on it without supplying a passport, proof of address etc.

    BB easily took money from my account, but are unable to put any back in.

    That alone stinks, I’ve numerous bank accounts with different banks and can easily transfer money from one to another. I’ve also transferred money internationally in the past.

    That’s just the start.
    Where are the Ads ?
    Why do they NOT explain what a blind network is?
    Who is this member of “The blind network” that they deal with?.

    Finch explains it all very well.

  • Bundip

    Finch who said anything about gifting??? When people join my business I buy the packages/panels for them and transfer them. They PAY ME cash. They do not add any money to BBs bank accounts, only my personal bank account! After that if they want to buy more panels after then I can do the same ie buy them from my BB ewallet, transfer them and they pay me cash. Again no fresh money into BB!

    They can carry on doing this as long as they like WITHOUT EVER adding their own fresh funds. They can also recruit others and do the same ie get their recruits to pay them or me directly.

    @Grandao you can join up and pay your referrer or her upline directly for the package without adding any funds to BB. Wheres the ploy??

    @Finch So how do you know that “Gifted panels makes up only a very tiny part of the money being cycled”?? Got some inside accounts info have you?? If so please share!

    Re your comment about transferring panels/packages facility encouraging growth, it will also hit BB big time in their pockets. If it was a ponzi it would be a dumb facility to have on the system as they would be losing out on $000000s. I myself have transferred over $10ks worth of packages and panels to people without a dime going into BB.

    Also what Ponzi forgets to charge subscription fees??!! I havent been charged my fees since July. I owe them $600 which they are obviously desperate for lol!

    You make massive ASSUMPTIONS without any proof. Of course you are entitled to your own OPINIONS as I am entitled to my own EXPERIENCE in BB which has been nothing but good in all honesty!

    Give us PROOF its a ponzi finch!

  • Finch

    Bundip – That’s a nice explanation, but it is flawed. The majority of people see the initial return and do invest their own money. Similarly, they do promote the program to build a downline.

    And when they do? That’s fresh money for BB.

    >> @Grandao you can join up and pay your referrer or her upline directly for the package without adding any funds to BB. Wheres the ploy??

    Are you really so blind that you can’t see how BB benefits from your recruitment drive? The net effect is that it creates more business for them.

    To give you some comparison, there are some affiliate programs I promote where the product costs $5 to the consumer. And yet I might receive $20 for sending the lead/sale. On the surface you’d think that it couldn’t possibly work. But that would be to forget the lifetime value of a customer.

    When Banners Broker lets you score some profit for recruiting affiliates, it does so because the lifetime value of fleecing those affiliates works out very favourably in the long run for Banners Broker. This is a model that is as effective in the real world of business as it is in the ponzi arena.

    The worst scenario for Banners Broker is no recruitment. They know this, which is why they give you every incentive to ‘transfer over $10K of packages’. God only knows how much investor income this has generated for BB. You should be very careful what you say as when the scheme collapses, you will be liable and ‘fair game’ for your downline to come after in any bid to reclaim their money.

    >> Also what Ponzi forgets to charge subscription fees??!! I havent been charged my fees since July. I owe them $600 which they are obviously desperate for lol!

    A pretty incompetent one, as we’ve already established.

    >> You make massive ASSUMPTIONS without any proof. Of course you are entitled to your own OPINIONS as I am entitled to my own EXPERIENCE in BB which has been nothing but good in all honesty!

    Wrong. I make natural assumptions on the basis of factual evidence that is clear for any logical minded individual to see.

    You, however, have a vested interest in keeping the dream of get-rich-quick-while-you-sleep alive. And it’s the only thing that keeps you from the truth.

    Human greed.

    Quite a sight to behold.

  • Bundip

    Finch again more crap assumptions because you are assuming that when people join and buy packages/panels from their upline direct they are going to put more fresh money into the system once they see the returns. Well they can if they want but they dont need to. I certainly havent added any fresh money into BB since I first started in Dec 2011. My contacts in BB(I have many) havent either!

    So how do you know the majority of people as you say above see the returns and invest their own money?? Back it up! How do you know the figures for those who create a downline and those who dont? Tell us!

    Also wheres your proof that “gifting” only makes a very tiny part of their income?? You havent addressed that question yet.

    Of course I see that BB benefits from my recruitment drive! And your point is??? Are all MLM companies ponzies then?? BB is not MLM as recruiting is optional but if you do you get rewarded. So what?!

    You also make the ASSUMPTION that I am greedy. We havent met and I hope we never do. How do you know I am greedy??? Just because I am in BB?? To me BB is a business opportunity I have chosen to join. Because you are in business too can I safely assume that you are greedy too?? Does being wealthy mean you are greedy?? Assumptions assumptions Finch! lol

  • Dirk

    @George “won’t answer why he’s monetizing his site by re branding it”

    It’s been this way for ages mate, and the monetization is pretty subtle if you ask me…

    And BTW, his products don’t even target the BB croud.

  • Jesslyn

    Hi Bundip , great and totally agreed to you. No assumptions as assumptions I believe
    leads to personal agenda and motive

  • Finch

    >> “Finch again more crap assumptions because you are assuming that when people join and buy packages/panels from their upline direct they are going to put more fresh money into the system once they see the returns.”

    Well they wouldn’t be very good businessmen if they didn’t, would they?

    When you have an investment program that ‘doubles your money’ in rapid time, the first instinct upon seeing that it works is to throw more money in to the system.

    Would you not agree? Surely you would be wasting a fantastic opportunity if you didn’t?

    It’s this ‘opportunity’ that captures the investor’s imagination and has him dipping in to the life savings.

    >> I certainly havent added any fresh money into BB since I first started in Dec 2011. My contacts in BB(I have many) havent either!

    And you think that is sustainable in the real world HOW exactly?

    For the record, it sounds like you’re lying. But let’s say that you’re telling the truth. You and your buddy affiliates haven’t invested a penny… where do you think those profits come from?

    You are forgetting that panels and packages are not a product.

    The product in the Banners Broker model is advertising impressions.

    Advertising impressions do not come for free, or get passed around as a gift card.

    We have seen a small mountain of evidence that the Banners Broker advertising network is useless. It does not work. More to the point, nobody can find any legitimate Banners Broker advertisers.

    While you are busy singing and dancing over your ‘panels’ and ‘packages’, you might like to re-enter the real world of business and economics and ask yourself, “Who is buying these panels and packages? Where is the demand for my supply?

    It is advertisers that are allegedly responsible for your returns. And advertisers can’t even use the system. How is that for damning evidence?

    >> So how do you know the majority of people as you say above see the returns and invest their own money??

    1. Thousands and thousands of posts on forums. There is no shortage of anecdotal evidence of BB members publicly stating their intention to invest their own money.

    2. By the law of deduction. If nobody was investing money, Banners Broker would have collapsed already. Why? Because there’s virtually zero money coming in from advertisers. Why? Because the advertising platform does not work as they say it does.

    >> Also wheres your proof that “gifting” only makes a very tiny part of their income?? You havent addressed that question yet.

    Again, common sense and a few thousand forum posts.

    >> Of course I see that BB benefits from my recruitment drive! And your point is???

    No, YOUR point is that Banners Broker can’t be a ponzi scheme because ‘recruitment isn’t necessary’ and you can transfer panels and packages. My point is that ALL of this is necessary because it helps the program to grow and attract investors.

    >> Are all MLM companies ponzies then??

    Not if they have a legitimate product.

    Banners Broker has no legitimate product that is capable of paying out as the company does.

    You clearly don’t even know what a legitimate product is given your infatuation to panels and packages. Do you think these have any value in the real world?

    >> You also make the ASSUMPTION that I am greedy. We havent met and I hope we never do. How do you know I am greedy???

    You are either:

    a) Greedy – for knowingly recruiting and encouraging the growth of a program that will result in many investors losing their money.

    b) Blissfully Ignorant – for not knowing what you are involved with, despite the heaps of evidence.

    c) Brainwashed by Cult BB – the most likely answer. I don’t blame you for the nonsense you’re spouting. You are a victim to a cult-like system that eats rationality for breakfast.

  • Finch

    Bundip – One more thing, I forgot to mention but it’s actually pretty significant…

    How do you explain the 50% shareholder of Banners Broker India valuing his company – as stated by Banners Broker – at $20,000?

    Doesn’t sound like a multi-million dollar company to me. Sounds like something that’s about to explode spectacularly…

    Oh, and the $20,000 offer wasn’t even accepted! That was deemed too much money for 50% of a company that pays out over $100 Million a year.

    Riiiiiight…

  • Bundip

    1) Errr Finch got any RECENT evidence which shows BB promotes it as an investment vehicle??

    2) Re your 1st point above: >> “Finch again more crap assumptions because you are assuming that when people join and buy packages/panels from their upline direct they are going to put more fresh money into the system once they see the returns.”

    YOU “Well they wouldn’t be very good businessmen if they didn’t, would they?

    When you have an investment program that ‘doubles your money’ in rapid time, the first instinct upon seeing that it works is to throw more money in to the system.

    Would you not agree? Surely you would be wasting a fantastic opportunity if you didn’t?

    It’s this ‘opportunity’ that captures the investor’s imagination and has him dipping in to the life savings.”

    ME: Firstly I dont agree. Again you are making assumptions that a) everyone is greedy and b) people are emptying out their lifesavings into BB! Sensible people wouldn’t. I am very confident in BB and have 100% faith in it but I advise people to put in what they can afford to lose whether its in BB or any other opportunity I am involved in.

    2) RE the share offer being refused, get your facts right, err it is written $10,000 so pay attention to detail! lol. Again you are making assumptions about this as BBHQ probably have their own reasons for not accepting. Whos knows??

    3) So Which forums do you look at Finch??

    4) What if I told you that I know people who have seen an increase in traffic to their banner ads and sites as a result of BB?? These people are not in my team and have nothing to gain from telling me this info. Would you beleive me?? Probably not!

    5) You seem to get a kick at personally insulting and offending those who challenge you. Now I am either greedy, blissfully ignorant or brainwashed by a cult. So make your mind up mate which one is it? lol

    6) Since you know everything give us a prediction as to when the BB collapse will happen! Want to place a wager??

    7) Do you ever entertain the thought that you could be wrong?? Probably not lol

  • Finch

    >> 1) Errr Finch got any RECENT evidence which shows BB promotes it as an investment vehicle??

    LOL, are you highlighting the word ‘RECENT’ for artistic effect, or is it because you know Banners Broker have been deleting their tweets and Facebook updates since the Indian raid?

    Whether Banners Broker calls the program an investment or not (and the only reason they don’t is to avoid regulation), an investment is exactly what it is. Certainly in American, Canadian and British courts of law. As for India, I don’t know. The fact that they’ve been charged doesn’t bode particularly well though, does it?

    >> 2) RE the share offer being refused, get your facts right, err it is written $10,000 so pay attention to detail! lol. Again you are making assumptions about this as BBHQ probably have their own reasons for not accepting. Whos knows??

    Maths lesson for you:

    He owns 50% of the company and is trying to sell his share for $10,000. That means he values the company at $20,000.

    This is getting pretty stupid now.

    BBHQ have their own reasons for not accepting a generous offer of $10,000 for HALF the stake of a massively profitable multi-million dollar business? Even though the statement specifically makes it clear that they tried to get back his shares?

    I’m afraid the difference between you and I is that only one of us is willing to settle for “Who knows?” as an answer. Fantastic due-diligence. I’m sure you’d make a great investor…

    >> 4) What if I told you that I know people who have seen an increase in traffic to their banner ads and sites as a result of BB?? These people are not in my team and have nothing to gain from telling me this info. Would you beleive me?? Probably not!

    Based on what you’ve shown me so far with your maths skills and basic business acumen, I’m finding it hard to believe a single word that comes out of your keyboard.

    >> 7) Do you ever entertain the thought that you could be wrong?? Probably not lol

    Actually, I do. Did you read the summary at the end of my post?

    Ultimately, what I post about Banners Broker is grounded in facts and evidence. What you base your posts on, I haven’t quite fathomed.

  • Theseus

    “Whether Banners Broker calls the program an investment or not (and the only reason they don’t is to avoid regulation), an investment is exactly what it is. Certainly in American, Canadian and British courts of law. As for India, I don’t know.”

    The Indian legal system is based on that of England, so one would imagine if BB is an investment here then it’s one there, and if it’s proven to be illegal in India then there’s a very good chance of the same verdict in a UK court.

    Given that the servers all appear to be in the US, one has to wonder if the SEC have any jurisdiction over this…

  • Ditto Ditto

    For those who are not sure about big companies being mlm or ponzis, a recent article for you to read:

    http://www.guardian.co.uk/world/2012/dec/21/herbalife-ceo-ponzi-scheme

  • http://www.realscam.com/f8/banners-broker-hyip-ponzi-scam-897/index79.html#post33201 Julie Diligent

    I’m sure its pure co-incidence that David Hooker was Director of Sales & Marketing (UK) at Herbalife from 1985 to 1990.

  • Finch

    But, but…!

    “In David Hooker we trust!”

  • Nick

    Bundip I will take you up on the bet that BB will collapse. I will put $50k in escrow if you will do the same. I bet that BB is a scam that will collapse within the next 2 years. I will also bet a further $50k that at least one of the directors will either go to jail or disappear before then as well.

  • Nick

    Put up or shut up

  • Finch

    Nick, I hope you realise you could buy Banners Broker India twice instead of taking on this bet!

    That’s at least two and a half times the valuation of the entire India company.

    Banners Broker’s words, not mine!

  • Rob Cantela

    Hello,

    It is so funny to read,that there are alot of people really thinking bannersbroker is an real business.And they defend bannersbroker,with personal attacks to for example Finch.

    However none of the defenders of bannersbroker comes with true facts about the business.They are speculating or they are just conditioned by what they are told.

    If any government through out the world would investigate,bannersbroker and investigate the whole structure and businessmodel of bannersbroker,then the true would come out.It then is very obvious that then the fact will be that bannersbroker is not really making money with advertising but with affiliate money.

    Another thing is that defenders of the bb business are claiming that bb pays the affiliates,which is obviously not true.Not all affiliates are getting paid.Bannersbroker is paying their affiliates selectively.

    Most people that join bannersbroker dont have any clue or insight about advertising on how the worldwide internet operates with promotions and how google operates.They rely on the theory which bannersbroker tell them.

    They are not investigating deeply,the business,but accept superficial arguments and fictional facts about the business of bannersbroker.

    If for example,the thesis is bannersbroker is paying their affiliates with advertising/traffic combinations adcumbo then the following questions you could apply.

    Who are the advertisers and on which webspace/website?If the revenue is coming from traffic then how much traffic is really applied to the specific webspace?
    How about the quality of the website and what offers the website that generates high traffic value? If your panel make money with traffic then how much traffic,is applied to the website,with real data,facts and google technology.
    How many clicks,how many quality traffic,and how much does the traffic generate,
    for revenue to the affiliates?This must given with real facts,with real analyitics with real numbers.Not some abstract speculation but real facts real numbers.

    If you claim that bannersbroker is not an ponzi,so then how do you explain that?Did you see or do you have the real facts that bannersbroker is not getting paid with affiliate money and how is all affiliate money administrated?Do you have insight in how affiliate money is managed and how it is administrated by the BB
    administration?

    Why is bannersbroker not sharing real data,real information,real facts,real understanding about their business? They dont have to expose the whole business but they could provide the facts,how the revenue is generated… If there is revenue generated then how much and how is the revenue structured and earned by the so called webspace and advertising?

    In order to end the speculations we need real evidence,and real facts about the business,without exposing the whole business..Bannersbroker should given these facts and if they cannot provide these facts and only use retorica to defend their system you should ask yourself if bannersbroker is an real business or just an ponzi scheme!!!

    greetings

  • Alex

    hello :D
    long time no seen..

    “BBHQ have their own reasons for not accepting a generous offer of $10,000 for HALF the stake of a massively profitable multi-million dollar business? Even though the statement specifically makes it clear that they tried to get back his shares?”

    hahahahahah
    i cant stop laughting. I thought i wont answer to this idiot any more, but i just cant stand his stupidy.

    Police in India closed offices of “Banners Broker India Private limited” . It is reseller of Banners Broker.

    And number 10 000$ for half the stake, is half of BANNERS BROKER INDIA PRIVATE LIMITED! Not banners broker international company :))))

    Finch, you are scammer, scumbag, and non educated little british fool. Please go to universtity first, then write your crap.

    I liked also a part where you said that Banners Broker sold user’s informations ( like emails, names ) and used for spamming and stealing purpose :D Haha you just REALLY WANT TO BB BECOME A SCAM, ARENT YOU :D

    You believe in EVERY SOURCE claiming BB is a scam. Without using brain, haha
    Its so funny. See you later, i wont even read what you want to say to me ;)
    I will just paste my new withdrawal ( screenshot from vector ), when i receive it.

    It should be now 800$ again :))

    cya

  • Bundip

    Finch your quote above “Oh, and the $20,000 offer wasn’t even accepted!”

    And as stated above in Ramesh’s post “He tried to sell his shares for $50,000 and when this was refused he reduced his request to $10,000 which was still refused by the Executives of Banners Broker International”

    Therefore my maths is not incorrect I am challenging what you have written.

    Ladies and gentleman as well as being either greedy, blissfully ignorant or brainwashed I am now also a liar! I also have “basic business acumen”. Notice I am not getting personal with you Finch. Are you capable of replying to challenges with reasoned argumments and without insult??

    Re me being a great investor I wont even talk about my earnings in BB but how about turning £100 into $12000 cash back into my hands in 8 months?? Nothing to do with BB. That’s just one of things I am involved in.

    @ Nick
    Nick my wager challenge is with Finch not you. So Finch you up for a wager?? Put your money where your mouth is and prove to everyone how certain you are.

    You remind me of a stubborn medical doctor who believes the only way to treat cancer is thru chemo and pharmaceuticals! Open your mind Finch be a man! Accept my challenge! Lol

  • George Myhowcyz

    I see that Finch and his virtual friends are really coming forward with evidence of why BB is a Ponzi scheme – somehow they haven’t convinced me.

    Finch has ZERO credibility. He’s selling crap on his blog, he’s a scumbag (his words not mine), and apparently has worked in ‘online industry’ in City of London. Care to share your CV / LinkedIn profile with us Finch. What were you on before you decided to make a big jump into working for yourself – let me guess a school drop out, it could not have been much more than £15K a year?

    @ Bundip – really good points made about how NEW money does not enter the system if downline buys their packages from their sponsor e.g. that money is already sitting in sponsor’s virtual ewallet (or monopoly wallet)! But Finch has a low IQ, you don’t accept him to ‘get it’ or do you??

    @ Nick – why do not you go and put a bet in your local William Hill or LadBrookes, they do allow you to place speculative bets on events happening e.g. David Cameron getting his mrs pregnant in next 12 months – it’s a possibility and if you believe so much and have ‘balls’ yes like Finch supposedly has, then go ahead and share a screenshot with us. Come on – you haven’t got $50K, go and put in $500 – I give you 24 hours? Then we will see if you are a bullshitters or a man of your word?

    @ Julie – Just make sure you have have done enough due diligence before you cross the road! You keep your day job and play lottery hoping for a big win.

    @ Theseus – I’d love to see some comments with substance on it. Did Indians create the legal system or British did and then put it into India? It is other way round e.g. a ruling in England would have a bearing on Indian ruling and NOT other way around? Unless you will suddenly transform into a QC next – in either case, I would suggest that you stop wasting your time with BB (we know you think its a Ponzi) so get on with another business or fly out to India and share your knowledge with authorities. Take your buddy Finch with you – seeing as his detective work will get him a part in next Sherlock Holmes movie LOL.

    @ Finch – BB India is an Independent Contractor of BB International and therefore, BB India might not be worth much – as it’s a separate company. To be fair, the guys in India should have never ‘guaranteed’ people that they can double their money – they must have been stupid.

    @ Dirk – or should that be @ dick? Have you tried Finch’s crap – what’s your HONEST review of it?

    @ Finch – how much traffic of your blog is coming from BB, if it wasn’t why is # 1 story on your site as your hardly possess the writing skills of Financial Times jouranlist – can’t even spell!!

  • Finch

    Alex – Yep, Banners Broker India is evidently worth less than $20,000. Their words, not mine. I didn’t say $20,000 would buy the entire international company. But to put it in perspective, you couldn’t even open a coffee shop with 20K! They sure have a low valuation of BB’s scaling potential. Shall we take a look at the valuation of other Indian advertising firms?

    Bundip – I quote:

    >> And as stated above in Ramesh’s post “He tried to sell his shares for $50,000 and when this was refused he reduced his request to $10,000 which was still refused by the Executives of Banners Broker International”

    Therefore my maths is not incorrect I am challenging what you have written.

    Read it. Read it again:

    “PS: Please be informed that although Mr Edney Heredia has been terminated from Banners Broker he continues to be one of the directors, and 50% shareholder in the company as he refused to relinquish his shares in the company. He tried to sell his shares for $50,000 and when this was refused he reduced his request to $10,000 which was still refused by the Executives of Banners Broker International.”

    He is a 50% shareholder attempting to sell his shares for $10,000. That places his valuation of the company at $20,000. The executives of Banners Broker International deemed this too expensive. Do you understand this?

    Rob – You can try to reason with logic, but it just doesn’t wash with these guys. You won’t get any answers to the questions that matter.

  • Nick

    What a cop out. What do you care if the bet is with me or Finch. In fact screw it I will bet ANYONE out there with the same terms. If you are 100% sure that BB is legit then its an easy double your money (on top of the non-investment BB double your money). You’d be an idiot not to accept, where’s the risk?

    William Hill wouldn’t take the bet as its not something they could even start to quantify, but me as an online marketer who spends hundreds of thousands a month can tell you for 100% sure this business model is an out and out lie. How do I know? There is NO legitimate, high volume advertising inventory out there from Banners Broker. IT DOESN’T EXIST. So no matter how much you get paid and how often, there is no money flowing into that company except for members money. If you can prove otherwise then lets hear it, otherwise its all just rhetoric and noise. And if you can’t prove it then what the hell do you think you are investing in?

  • George Myhowcyz

    @ Seven Howard in response to:

    Well aren’t your a hypocrite? You have joined BB, are actively participating in TalkingBB.com – wouldn’t take long to figure out which account had password failure attempts now, and trace it down to yours, would it?

    Why do not your come forward, and resign from BB if you do not believe it?? Do not moan & complain so you are right no matter what happens in the end?? Come forward, reveal your true identity AND join your buddy Finch in his online industry that’s turning over just about enough to pay for his lavish lifestyle…

    George, I AM A MEMBER OF BB, but never recruited anyone since joining in Feb last year.

    Finch IS NOT my “Mate”, I don’t know him from Adam.

    I’ve looked into the BB model and yes my (monopoly) “money” keeps going up, BUT I can’t get my hands on it without supplying a passport, proof of address etc.

    BB easily took money from my account, but are unable to put any back in.

    That alone stinks, I’ve numerous bank accounts with different banks and can easily transfer money from one to another. I’ve also transferred money internationally in the past.

    That’s just the start.
    Where are the Ads ?
    Why do they NOT explain what a blind network is?
    Who is this member of “The blind network” that they deal with?.

    Finch explains it all very well.

  • George Myhowcyz

    @ Nick – as you are not a registered bookie, I do not think you could ‘accept’ a bet. This is not a cop out – what are you a pimp as well on the side? Talk of Finch and his credibility he really attracts the very best scums of the earth here, doesn’t he?

    If you are making SO much money Nick, why do not you go and check how your account is flooding with money than spending your presumably VALUABLE time on a scumbag’s blog???

    Come on – you are full of shit go and put a bet on and be man enough to prove it! You haven’t got $500 to rub together, never mind $50,000 or I bet Finch could lend you that much, couldn’t he?? Oh, forgot, he doesn’t have it??

  • Nick

    @George – If YOU can get me odds from a reputable bookmaker I’ll take them. I am just not going to bother wasting my time looking for one as I am pretty sure they wont take the bet. Plus I am so sure that BB is a lie why would I waste my time with a paltry $500? I am not wanting to prove a point, I am wanting to make a shed load of money. For me its pretty much a cert.

  • Nick

    and I read Finch’s blog because he is a very well respected member of the online marketing community and his writing style is extremely enjoyable and in my opinion an all around top bloke.

    and you idiot excuse about me not being a bookie is ridiculous. What the hell do you care? I said I’ll put my money (matched with yours) in escrow.

  • Della Cate

    Finch, I think we can all conclude from some of the abuse that you are now attracting on this blog, that you have hit a very raw nerve with your writing.

    If you were such an insignificant little scrote, as some of the good contributors above like to infer, when why are they even wasting their time with you? Surely they could afford to ignore you?

    So I take my hat off to you – keep up the good work!

    Oh, and George – I am not Finch in disguise. I don’t know him on a personal level. But from what I have read, not just here but all over the web, I think he deserves some respect – as we all do.

    Slinging insults about is just childish and adds nothing to the debate.

  • Grandaõ

    Assuming that BB is a 100% legal company and assuming that therefor all fresh money comes from publishers spending their Online Ad Budget at Banners Broker, who is funding the enormous increase in impressions that BB is generating?

    Panels doubling with the 100% repurchase option and new affiliates buying new panels that are also doubling after a while, are generating an enormous growth in impressions (pageviews) needed to get panels qualified. After two doublings every single panel has now multiplied in four panels, so the number of impressions needed to qualify these panels have been quadrupled.

    The time needed to qualify panels have not really increased (according to all reactions of BB affiliaties here and elsewhere on the Internet) and are stable for a long time (almost more punctual then an atomic clock). At the same time, I don’t assume that the publisher’s online ad budget will suddenly increase with 400% in 2013.

    Bottom line, the publishers have followed, are following and obviously will be following the ever increasing (exploding?) number of pageviews (impressions) that the BB affiliates are generating on websites and apparently have an unlimited budget to sponsor the BB-activities without blicking their eyes.

    I must be overlooking something here…

  • Ditto Ditto

    Well with friends like George, BB certainly doesn’t need enemies. He really is a wonderful representative and I am sure that most BB affiliates would want to shake his hand and say thank you for being such a star and being so patient with all those people who are against BB.

    Bless you George, you are a real, …. sorry the word escapes me

    ;)

  • Finch

    George – You talk a lot about my reputation. What about your reputation?

    I Googled your name, and this is the only thing I could find:

    EDIT: I’m going to remove the screenshot. I don’t want to be the one responsible for your wife/partner (if you have one) finding out what you get up to in your spare time.

    You know what they say about people who live in glass houses?

    Might want to think about that before you try to go Sherlock Holmes on my career resume.

  • Steve

    I would just like to say that this blog is now like a bunch of bloody school kids, Finch your probably seeing more traffic because of BB, great marketing mate, bet you’ll be sick if it goes down. Just a thought for people, I own my own business and advertise on google Adwords, just looked at my report and they’ve charged me £20 for showing my ad somewhere 6000 times in a matter of hours do you think I should ask them where my ads were shown cos I’m starting to believe the Internet doesn’t exist

  • andreasheinz

    Finchman, fantastic job all in all. Especially the first blog & its comments. I DO NOT agree with the idea BannersBroker is all about greed in the first place.

    Its a mix of several important human driving forces, FE

    greed – yes
    envy – the THEM economic forces vs US underdogs
    gambling – all that shit about the colors, check the trafic and upgrade your chips
    social networks – gift panels – LMOA, the addict shares his eWallet. LMAO, E-WALLET!

    PS The gifts does keep the e-money in the system. Normal trafic slows down, promotion is THE WAY to produce trafic and qualify your chips. This nonsense may go on for many more month but /and end in a BIG BANG.

  • Marniko

    I can not believe what a ridiculous site!

    I must really raport as spam!

    I never return to this finch scam!

  • Theseus

    “@ Theseus – I’d love to see some comments with substance on it. Did Indians create the legal system or British did and then put it into India? It is other way round e.g. a ruling in England would have a bearing on Indian ruling and NOT other way around? Unless you will suddenly transform into a QC next – in either case, I would suggest that you stop wasting your time with BB (we know you think its a Ponzi) so get on with another business or fly out to India and share your knowledge with authorities. Take your buddy Finch with you – seeing as his detective work will get him a part in next Sherlock Holmes movie LOL.”

    Well, George the Indian legal system was put in place whilst the place was under British rule and is based on the English system. Nowhere did I say that a ruling in England have a legal bearing on what happens in India, or indeed the other way round. On the balance of probabilities, however, the outcomes are likely to be the same.

    Perhaps it is YOU who should fly out to India and share your knowledge with the authorities, especially as those running BB there have been unable to convince the police that what they are doing is in any way legal. I’m sure with your indepth knowledge and undoubted charm you’ll be able to persuade them it’s all been a terrible mistake.

    Or not.

  • George Myhowcyz

    Have you guys heard of anti-matter, the one that kills any active matter? Finch and his virtual pals are just that!

    Make your own conclusions.

    Yes Finch I go to some questionable sites – so what is your point?

    You are the one, and your mates who dodge questions. You are losers that watch Jeremy Kyle show watching your life go by.

    Nick – come on you know you can place a bet? I am sure you are a gambler otherwise you won’t be offering to bet, would you? Takes one to know one??

    Question for Finch – how much extra traffic are you generating by being anti-BB?

    PS: Finch You may have heard that Mayaan’s prediction was wrong. Could you be wrong too???

  • George Myhowcyz

    Just wondering what happened to Seven Howard? Is he shitting himself now????

    Come on big guy – where are you? You can’t ride two horses at once, decide for yourself which side are you on???

    @ Seven Howard in response to:

    Well aren’t your a hypocrite? You have joined BB, are actively participating in TalkingBB.com – wouldn’t take long to figure out which account had password failure attempts now, and trace it down to yours, would it?

    Why do not your come forward, and resign from BB if you do not believe it?? Do not moan & complain so you are right no matter what happens in the end?? Come forward, reveal your true identity AND join your buddy Finch in his online industry that’s turning over just about enough to pay for his lavish lifestyle…

    George, I AM A MEMBER OF BB, but never recruited anyone since joining in Feb last year.

    Finch IS NOT my “Mate”, I don’t know him from Adam.

    I’ve looked into the BB model and yes my (monopoly) “money” keeps going up, BUT I can’t get my hands on it without supplying a passport, proof of address etc.

    BB easily took money from my account, but are unable to put any back in.

    That alone stinks, I’ve numerous bank accounts with different banks and can easily transfer money from one to another. I’ve also transferred money internationally in the past.

    That’s just the start.
    Where are the Ads ?
    Why do they NOT explain what a blind network is?
    Who is this member of “The blind network” that they deal with?.

    Finch explains it all very well.

  • Ditto Ditto

    George

    Where on earth did you get the information for this little gem of a statement??

    “You are the one, and your mates who dodge questions. You are losers that watch Jeremy Kyle show watching your life go by.”

    A-ma-zing!!! Absolutely classic!!!

  • George Myhowcyz

    Finch – I see a trend.

    NONE of your mates KNOW your personally, yet they vouch for you and your credibility = LIE

    Your mate, who sends your screenshots of his account has totally disappeared. Where are you Mr. Seven Howard? Too busy posting on real scam??

    BB on the other hand office is open, business as usual and support is live! Which is more amazing?

    Now what would their re-open their Canada office as normal if they were a sinking ship??

    Finch – still waiting on extra traffic figures BEFORE and AFTER you posted BB as an alleged scam would be nice?? Come on let’s be honest, for once – can’t be that difficult for scumbag – now can it??

    PS: You really must stop poking your virtual Facebook friends (none of them know you in their own words) to post rubbish on your behalf, as you now should be man enough to stand up for yourself and your actions??

  • http://www.philhendy.com Phil Hendy

    @George

    My story is well published on the web.

    was in BB, got kicked out because I felt it was a Ponzi and publicly aired my views.

    Will post more detail on here when I get a bit more time.

  • Della Cate

    Whoa there George!

    I do not know Finch on a personal level. That’s true. But it does not stop me from having an opinion and airing it, just as you do.

    Only I think I am a lot more polite about it.

    In any case, I fail to see the relevance of whether people know or do not know Finch. This is a blog that is open to public questions or comments after all.

    I thank you, however, for the information that BB has re-opened after the Christmas break. That was going to be one of my questions. I assume it is “business as usual” in the UK?

    Are you able to tell us if there has been any official response from the UK operation to events in India?

  • Herneboy

    There really has been a load of tosh written on both sides of the BB question. Finch, you have presented no hard evidence it is a ponzi. If it was it would have been closed down globally by now. It is just a fashionable Internet earning scheme that is neither MLM or pyramid (you don’t have to recruit or introduce anyone to earn a modest profit). It is likely to continue longer than you think, but it will fizzle out, just like hundreds of schemes before. By then we will all be raving about the Empower Network or next waffle based bollocks we seem wired to believe in.

    In the meantime, if you have a BB account and a card, take your cash. If you have an account and you haven’t got your card, get it ASAP. If you don’t have a BB account don’t bother signing up and FFS stop moaning!

  • Dirk

    @george “let me guess a school drop out”

    LMAO Bill gates is a school drop out..

  • George Myhowcyz

    @ Dirk

    You are a genius because you are comparing Finch with Bill Gates. Bill started Microsoft within a few years of dropping out, he was developing DOS based systems. What has Finch ‘achieved’ so far?

    Dirk – What you need is an IQ test and make sure you get your brain cells checked the ones that active anyway, I wouldn’t bother wasting money on inactive ones which I suspect there will many.

    @ Herneboy – Has a good balanced point actually. Finch won’t bother responding of course.

  • George Myhowcyz

    @ Phil – thank you for coming forward with your recent post. If you have well and truly left BB then why leave all sorts of comments about which sponsor to select. I’d bet you’d regret that decision later on….

    Perhaps you can give Steven Howard some advice on how to leave – openly? He clearly is in both camps, Mr Coward doesn’t mind taking an income from BB yet goes and provides so called ‘evidence’ that amounts to nothing???

    Will the real Mr Coward please stand up?

  • Nick

    I think its time for George “I trawl the web for prostitutes and swingers” Myhowcyz to disappear.

  • Finch

    >> There really has been a load of tosh written on both sides of the BB question. Finch, you have presented no hard evidence it is a ponzi. If it was it would have been closed down globally by now.

    Your argument, “If it was a ponzi, it would have been closed down globally by now” doesn’t make sense. There is no agreed life span for a ponzi, and the authorities can take a long time to gather the evidence necessary to close one down.

    Completely disagree that there is no hard evidence. The evidence is painfully clear to anybody who knows the advertising business first-hand.

    >> It is just a fashionable Internet earning scheme that is neither MLM or pyramid (you don’t have to recruit or introduce anyone to earn a modest profit).

    Where do you suppose the money comes from then?

    You can’t sit on the fence and say that it’s a ‘fashionable Internet earning scheme’. I mean, what is that exactly?

    It is either the greatest online advertising program ever devised, or it is a ponzi scheme.

    There is no in-between. The product is legitimate or it isn’t.

    >> By then we will all be raving about the Empower Network or next waffle based bollocks we seem wired to believe in.

    Well, other people will be!

    I’m going to stick to posting about real-world affiliate marketing when all this is said and done. There’s only so much irrational rhetoric I can stomach.

  • Dirk

    @george

    Bill gates didn’t develop DOS fyi.
    You are weird george, I hope that’s because you are brainwashed by BB, if thats your normal way of behaviour hmm wel that would be sad…

  • George Myhowcyz

    Dirk – you mean he ‘stole it’ from YOU? Why would IBM allow him to put a ‘stolen’ product on their computers then?

    YOU are a joke. I do not know who is more stupid YOU or Finch who evidently does not listen to anybody??

  • Dirk

    That would be me George, i am dumb.

  • http://www.philhendy.com Phil Hendy

    George, I got thrown out of BB in/ around September. That post was way before then if I recall.

    that LinkedIn group I can no longer post in and my story was removed.

    It is up to Stephen how he conducts himself on the web. As far as I can tell he is merely awaiting the time to draw out his own investment.

  • D. Pressed

    This has just become a slanging match. I said I wouldn’t post again, but I need to correct something. This is partly an apology to Theseus. I said tha BB have a UK address to cancel/close an account. They don’t. It’s in Canada. It said Whitby and I went there on my holidays when I was a kid, but it seems the one I went to is a different Whitby. My dad took us by car, which would have been tricky if we were trying to get from Dudley to Canada. We ate cockles and mussels with cocktail sticks. They were horrible. It was cold and it rained in July. It must have been in the UK! I just assumed the Whitby to write to wouldn’t be 3000 miles away!!……

    It’s a good job I’m not the one doing the investigation. My due dilligence is way overdue! Pathetic in fact!

    I’m in a similar position to steven howard. I wasn’t motivated by greed, have no ‘downline’, not tried to push BB to friends or relatives. I just bought a set-up package then bought traffic packs using the proceeds of completed panels. The first three of each were completed free of charges other than a $15 a month admin. fee so there is no need to chuck loads of extra cash in after starting up. And to be fair, it was never sold to me as a get rich quick scheme, but one where you could make a steady income relative to the size of the package bought and that it would take a year or so before I’d have enough value in panels to withdraw more than a nominal amount per month. I could make a lot more by recruiting and/or investing more to up my package value, but I don’t think the majority wanted any more than an easy going passive income. Only a small minority aggressively marketed and advertised to build an affiliate ‘team’ beneath them to earn income from.

    I was hoping that BB might make me £150 to £300 a month of withdrawable income within a year or so, which in my enforced low paid part time work situation would have been a nice amount to pay a few bills. It’s not going to happen, but don’t think I’m doing anything wrong now by trying to get my money back that I put in, even if it is a ponzi.

    Finch said a while ago that my money has gone so I’d now be taking from others further downstream and complicit in the fraud. BUT when I put my money in, the business wasn’t receiving any negative press and the business model was plausible on the basis that we were told there is a growing advertiser network bring in fresh money. People who’ve signed up over the last few months have had much more (and true) information about what is really going on and that there are no advertisers and no adverts beyond BB’s own shoddy few self-owned dead websites. Therefore they have more reason to be criticised for believing the hype than those of us who rode the wave of optimism and hype a year ago. As long as I don’t try to profit out of them by taking more than my share, I don’t think I should feel more sorry for them than I do for myself and Steven!

    I can be called naive, ignorant, unrealistic…but I’m just an ordinary person trying to make ends meet in hard times, and one who trusted a friend who trusted the person who convinced him. We’re all victims of BB and ourselves, but we’re not crooks. My friend is still deluded about BB and thinks things will be fine. I can’t help that he’s an optimist and also refuses to read the facts now available on the internet which debunk the dream. I just want my initial ‘investment’ back and THEN will close my account because I think it would be wrong to pursue a profit knowing that any money I haven’t put in MUST come from someone still living on Fantasy Island.

    I’d no idea what a ponzi was until a couple of months ago when the alarm bells started to ring and I found things weren’t all they seemed at the seminar. I’d heard of pyramid selling from when someone tried to get me into Amway back in the ’90′s. Oddly, that business has never been proven to be an illegal pyramid or ponzi, but at the time I was very cynical of how it worked and how the cleaning products are the least of the business. It’s primarily about affilaite marketing such that the ones who made the money sold the idea, rather than the products. I’ve also bought rubbish off the net before like e-books that claim to make money from betting, but I’m wise to those long ago…. and it’s easy to think I won’t get scammed again, but then something turns up that was introduced to me offline, so it seemed to be of the real world, even if it is an internet business.

    BB seemed to be a proper business whereby selling the idea was a bonus and the real money came from advertisers buying ad space brokered by BB. If that had been the case, there is a viable business, but all that has happened is that BB have got affiliates to sign up affiliates and we’re all just paying each other off until there is nothing left in the pot. Now all this stuff with India, the support system redundant, no UK contact number…..

    It looks certain I’m going to lose the several £100′s I put in, but I’ve never got greedy and thrown more money in beyond my initial package purchase. In theory, my account is worth a few £1,000′s now, but of course that means zilch when the money is unobtainable.

    However, while BB still has a payment pending to me by STP that I requested to recover my initial investment, and while the website is syill operative, that money is mine as far as I’m concerned. I think I’m entitled to wait and hope I’m one of the last ones they pay out even if it’s a hopeless hope, I have no expectation I will get a penny back, but to close my account is almost as futile as trying to withdraw money, so I’ve nothing to gain by writing to Canada and asking them to remove even the faintest glimmer of hope that I might get back enough to pay an overdue electricity bill.

    It’s sad that so many people, mainly on the realscam forum but some on here, think it’s hilarious that people like me (probably 200,000+) have been scammed and are going to lose money through need, NOT greed. The ones who knew when they signed up that BB wasn’t selling advertising and those who have made masses without conscience, won’t care who laughs at them. Us more sensitive souls find it harder to accept the combination of our own foolishness, the loss of money we can only just afford to lose and the mockery or contempt of those who judge from the perspective of hindsight.

    Frankly I just want it over with one way or the other and not to drag on for months. If the whole thing collapses tomorrow at least we’ll all know where we stand. I’ll put it down to experience and try and find the money to pay the electric bill by selling some crap of my own….I don’t mean e-books….Just clutter and stuff I don’t need any more on Ebay. As far as I’m aware Ebay legal and moral and it’s not a Ponzi!

    And if someone wants to buy my Harry Connick Jr. CD for 99p,it’s their choice and more fool them!

  • Seven Howard

    What a FANTASTIC write up D. Pressed, well thought out and almost identical to my story.

    I honestly don’t think there are that many people who think it’s funny that people like you and I have lost money, I’m sure they’re referring to the people higher up the chain who actively recruited knowing this was a Ponzi.

    I myself have no sympathy with most of the recruiters, when you see the things they say on the forums and the gloating about how much their panels are worth, it’s unbelievable, I’ve been keeping some of those posts and will be making them available in due course.

    These people deserve everything they get.

    To the *Experts* on Finchsells and Realscam, is there any way you can help people like D Pressed by suggesting any online business that DOES work ?.

    It’s fine to shoot down in flames such things as BB, to warn people about scams etc, but wouldn’t it be even more effective if you were able to state systems/programs that you have scrutinized and found to be good for making a small income.? **IF SUCH THINGS ACTUALLY EXIST ***

  • Seven Howard

    George Myhowcyz

    Well aren’t your a hypocrite? You have joined BB, are actively participating in
    TalkingBB.com – wouldn’t take long to figure out which account had password failure attempts now, and trace it down to yours, would it?

    Why do not your come forward, and resign from BB if you do not believe it?? Do not moan & complain so you are right no matter what happens in the end?? Come forward, reveal your true identity AND join your buddy Finch in his online industry that’s turning over just about enough to pay for his lavish lifestyle…

    ————————————————————————
    No George, I’m not a hypocrite, I’m a victim.

    Try and find me if you like George, but I assure you I’m actively still posting on Talkingbb and not had any trouble logging in. I’m quite sure if you had even the slightest clue who I was you would have blocked me, just checked before posting this and I can still log in.

    I’ve got a few thousand dollars in my account, pay me that and I’ll resign.

    If Finch does have a lavish lifestyle, it is earned legally, he is not complicit in scamming people our of their cash.

  • Seven Howard

    @George

    WOW!!!!!!!!.

    Just read some of your other posts about me.

    I’ve really got to you aint I.

    Of course I’m not going to tell you who I am, where would the fun be in that?, what I’m doing is having the desired effect.

    If you were a true professional you’d simply ignore what was posted on here, your mere presence speaks volumes. Honestly, do you really think ANYONE would want to entrust their money to someone like you.

    You are your own and Banners Brokers worst enemy.

    More to follow George.

  • Seven Howard

    @George Myhowcyz says:
    January 2, 2013 at 4:26 pm
    Dirk – you mean he ‘stole it’ from YOU? Why would IBM allow him to put a ‘stolen’ product on their computers then?

    YOU are a joke. I do not know who is more stupid YOU or Finch who evidently does not listen to anybody??

    ———————————————————-

    George, BG did not steal DOS, he purchased it from Seattle Computers in around 1980 (ish), modified it then released it a while later.

    Look for QDOS (Quick & Dirty Operating system) on google if you want a refresher.

    Your comment about Dirk being a Joke is really funny, do you have any more ?

  • Finch

    >> To the *Experts* on Finchsells and Realscam, is there any way you can help people like D Pressed by suggesting any online business that DOES work ?.

    It’s fine to shoot down in flames such things as BB, to warn people about scams etc, but wouldn’t it be even more effective if you were able to state systems/programs that you have scrutinized and found to be good for making a small income.? **IF SUCH THINGS ACTUALLY EXIST ***

    ***

    The problem is not that money cannot be made online. The problem is that people have such low expectations of the work, risk and investment required to be successful.

    You wouldn’t expect to earn a living from an offline venture overnight.

    A coffee shop is a good legitimate way to make money.
    A restaurant is a good legitimate way to make money.
    But are they right for you?

    I don’t know, because I don’t know your skill set. The same applies online.

    Why would you expect an online program to work any differently? The answer, I presume, is because you don’t quite understand how the online economy works, and you are susceptible to predators like Banners Broker who exploit that gap in knowledge.

    It may come as a relief to hear that yes, there are many ways to make money on the web. Not just a small income, but huge, life-changing income. The money you make is directly correlated to the risk you are willing to take on, and the time you are willing to invest learning legitimate skills that have a use. It’s all about what value you bring to the world. That is how an economy works.

    Banners Broker brings no value to the world. What is a panel? A package? It is a virtual currency that is useless outside Banners Broker. This should tell you something about where you need to be investing your time and money if you want to create a legitimate income.

    You need to create real value in the real world.

    How do you do this?

    By learning real skills that affect people’s lives in one way or another.

    It could be writing, programming, designing, selling, inspiring people through beautiful photography, selling your fiction through Amazon (I have a post about that going up tomorrow).

    Bottom line: Making money online is NOT a gimmick that only a few select gurus have the keys of knowledge to. There are no secrets, no systems. Only dedication, creativity and hard work.

    Your success is based on the same factors as any offline business. It is just the medium of communication that changes. By having a global platform, you can grow a global business very quickly. That’s why some people achieve success in months, and their stories are used by scumbags like Dixit, Smith and co to sell the dream to the Average Joe. Of course, they forget to tell people that the most spectacular achievements were driven by spectacular talent and unrelenting dedication.

    If you aren’t prepared to retire those ‘red magic buttons’ and ‘get rich quick’ fairytales, then you will never be successful.

    I’m sorry, but that’s just the way it is.

    The suits that walk around Banners Broker galas and conferences are not real businessmen and women. They are dreamchasers who do not know the meaning of supply and demand. You get what you give back.

  • andreasheinz

    At some point this is going into a general debate. As Mr Finchman thinks he’s akind of 21st Mark Twain he SHALL open some discussion-blogs about that general topics.

    “To the *Experts* on Finchsells and Realscam, is there any way you can help people like D Pressed by suggesting any online business that DOES work ?.”

    - yuup w / 2-10% ROI (FE the”stop-loss”)
    - nope w / 100-1000% ROI

    for the REAL SHARKS in the venture-capital-thing you had to invest your LIVE and SOUL.

    FE read this: http://www.psychologytoday.com/blog/curious/201212/5-tips-becoming-killer-scientist-who-changes-the-world

  • andreasheinz

    @ d.pressed

    if ya such a losser to the general capital market – you do not make money be clever, you loose money forget about basic rules

    without background you start into venture-capital?

    GREED, $100 invest, $200 admin and traffic etc…$800 – !
    What-a do? ROI $400 at 12th month ? Have a .33 profit?

    NO, because you are a looserat the general capital market and start at the VENTURE CAPITAL!

    @ d.pressed

    Your FAQs
    - Do d-pressed goes to jail…Good Lord, NO
    - is JEZ pissed…not really
    -does the investment pay-off…maybe. Its a crash-training in economics of sorts

  • Seven Howard

    @andreasheinz

    If you’re going to post can you please make it so that people can understand what you’re going on about.

    I speak and write pretty good English, but your last two posts are baffling.

    If a natural speaking British person can’t make heads or tails of what you’re babbling on about, then someone who’s first tongue is not English doesn’t stand a chance.

    Thanks

  • andreasheinz

    “‘f a natural speaking British person can’t make heads or tails of what you’re babbling on about”

    “speak and write pretty good English, but your last two posts are baffling.” – thx

    You really think VENTURE-CAPITAL is about plain UK-english? BTW most of the US has no clue?

    Is VENTURE-CAPITAL about Uk-english or internatinal-MATH ?

  • andreasheinz

    “If you’re going to post can you please make it so that people can understand what you’re going on about.”

    Ouups – no !

    I do write for the FINCHMAN and D.PRESSED … ONLY!

    The Seven Howard et all MAY or MAY NOT go to hell…BannersBrokers.com claims to be a marketplace…well…lets have one?

  • andreasheinz

    “If you’re going to post can you please make it so that people can understand what you’re going on about.”

    In macro-ecomomics the “Chicago-boys” Vs the “Vienna-boys” is a black-or-white…as I talk to FINCHMAN and D.PRESSED one commenta at a time / in general…as I PLEASE

  • Alex

    Yo Grinch! “BREAKING NEWS”

    disapointed? :(

    “Good morning friends. My name Jaime Pereira Sousa Bento, head office in Banners Broker India Pvt ltd.
    The news on the net are running false and Banners Broker India is active and working.
    It is true that the office is closed and the company under investigation but is also true that the police already acknowledged that have acted under the influence of false information.
    Banners Broker India and Banners Broker International are collaborating with the Indian judicial system in order to resolve this mistake as soon as possible.
    Soon you will see circulating positive information that you are so anxious to see.

    Jaime Bento”

    “David Hooker will have the Goan office up and running again approx. Saturday. The police know the story now, the matter has been dealt with.”

  • Dave II

    “Good morning friends. My name Jaime Pereira Sousa Bento, head office in Banners Broker India Pvt ltd.
    The news on the net are running false and Banners Broker India is active and working.
    It is true that the office is closed and the company under investigation but is also true that the police already acknowledged that have acted under the influence of false information.
    Banners Broker India and Banners Broker International are collaborating with the Indian judicial system in order to resolve this mistake as soon as possible.
    Soon you will see circulating positive information that you are so anxious to see.

    Jaime Bento”

    The Indian police acknowledge they acted on false information. Banners Broker India is now up and running again. In other news, Durham asks for all the phoney emails to stop!! Your really looking silly now, Martin. By the way, thanks for your impersonation of me in reply to George.

  • Finch

    Alex: If the matter has been dealt with, why is the office closed and the company still under investigation?

    It’s dangerous to announce that the police have acknowledged acting ‘under the influence of false information’. I see no confirmation of that.

    Where are you sourcing it from?

  • Seven Howard

    Hi again @andreasheinz, I ran you last couple of posts through google trasnlate, it came back with an error :- “Sorry, I cannot convert bollox to English”.

    DO you think you could try again please ?. Actually, maybe it’s best if you don’t, I for one would be just as perplexed by your poor explanation.

    PS :- VENTURE-CAPITAL can be explained in plain English, if you must use acronyms, it’s best to explain what they are before using them, especially when the reader may never have come across said acronym.

  • Finch

    Dave II – Impersonation of you? Whatever you say!

  • Seven Howard

    Re the post by Dave II,(copied underneath)

    Believe NOTHING that BB put out (if indeed this is actually from BB), remember they could be creaming hundreds of thousands of dollars a day and will try and get this to run for as long as possible.

    Also would a respectable company actually put out a press release like that, the grammar is horrendous, for example “The news on the net are running false”, come on guys, would the Indian branch of ANY other multinational allow such poor translation ?.

    ——————————————————————————-
    Dave II says:
    January 3, 2013 at 9:29 am
    “Good morning friends. My name Jaime Pereira Sousa Bento, head office in Banners Broker India Pvt ltd.
    The news on the net are running false and Banners Broker India is active and working.
    It is true that the office is closed and the company under investigation but is also true that the police already acknowledged that have acted under the influence of false information.
    Banners Broker India and Banners Broker International are collaborating with the Indian judicial system in order to resolve this mistake as soon as possible.
    Soon you will see circulating positive information that you are so anxious to see.

    Jaime Bento”

    The Indian police acknowledge they acted on false information. Banners Broker India is now up and running again. In other news, Durham asks for all the phoney emails to stop!! Your really looking silly now, Martin. By the way, thanks for your impersonation of me in reply to George.

  • Alex

    “Banners Broker in India started with a portuguese lady and there are a few portugueses working there. Jaime Pereira Sousa Bento is one of them (head office em Banners Broker India Pvt ltd).

    She posted this in portuguese facebook group”

    You see no confirmation of “police acting under the influence of false information”, but you see confirmation that police shut down offices in india with some real prooves of breaking law, arent you?
    Enought to write an update on your article.

    unprejudiced journalist ^^

  • Finch

    The confirmation that the office had been shut down and the company charged came from the official Banners Broker statement.

    I didn’t say they had been found guilty!

  • Della Cate

    Dear D Pressed and Steven Howard

    I’d like to say that I am not at all gleeful at the prospect that BB may collapse. I do not think it at all funny. I am aware that many people will be hurt if this happens, and that for some of them the loss of their money will be catastrophic. It isn’t a laughing matter.

    If you haven’t already seen it, there is an excellent post on Finch’s original blog entry from a nice Dutchman who calls himself “Sceptic”. You are certainly not alone, if that’s any comfort to you.

    Kind regards

  • Dave II

    Finch – “Dave says:
    January 1, 2013 at 9:11 pm

    George
    Did you used to be the Iraqi information minister during the gulf war?”

    That is bollocks. You wrote that to attempt to divide and conquer me and the focus of your infatuation, namely George.

    —————————–

    Steve Howard (the undercover secret talkingbb.com agent) – “Seven Howard says:
    January 3, 2013 at 10:12 am

    Re the post by Dave II,(copied underneath)

    Believe NOTHING that BB put out”

    —————————–

    I choose not to believe anything that you, Martin or the rest of the little boys say, which constantly comprises of knee jerk reaction, knee jerk reaction. Okay, you can drop knee and reaction.

    Keep it coming, Martin, I am always highly amused by your out of context malarkey

  • Ditto Ditto

    Wow… Dave II may I have your autograph? I think you’re wonderful.

    DD

  • Finch

    Dave II – Have you stopped to consider there might be somebody else in the world called Dave? Well, obviously there is, because I wouldn’t waste my time pretending to be you.

  • Dave II

    Hence Dave II. I can’t help but feel you have become a parody of yourself, Martin.

  • Finch

    Dave – Good for you.

    I get comments and emails every day from people thanking me for showcasing the facts about Banners Broker and saving their investment, or helping them realise that it should not be promoted to friends and families.

    People like you, Dave, I have no interest in pleasing, helping or befriending.

    The fact that users can’t search for Banners Broker on Google, Bing or Yahoo without this post hitting them square in the face is indication that I’ve achieved what I wanted to.

    It won’t be long until I’ve got this article ranking ABOVE Banners Broker for their own company name. This post was never going to convince the poor brainwashed souls who’ve already handed over their money and identities. But it certainly will stop many more others from joining them.

    Job done. Parody or no parody!

  • Dave II

    Wait, wait, wait!!!

    Banners Broker, is running in India at this very moment, RIGHT?

  • Benjamin H

    Will you just shut up about BB FFS.

  • Seven Howard

    Dave II says:
    January 3, 2013 at 1:38 pm
    Wait, wait, wait!!!

    Banners Broker, is running in India at this very moment, RIGHT?
    —————————————————————

    You’re correct Dave II, they’re running alright. Running away.

    ROFLMAO WTFE SROFLMAO

  • andreasheinz

    I do write for the FINCHMAN and D.PRESSED … ONLY!

    I DO have problems translate math into “modern english language” – sorry for that*
    * I’m not against bannersbrokeras as such – FE marketplace – just this sort of ventute capitalisation

  • Dave II

    Let me guess, Mr Howard, they are running from you, Martin and that pathetic excuse of a wannabe detective, Poyol! Let us not forget the decrepit cunt with a woman’s name and Joe, with the dodgy elbow. You lot really make me laugh!

    Let me ask you, as a group, what have you done today apart from troll the internet?

    As I said before, carry on, it is highly amusing!

  • Anti-Scam Watchdog

    Hi Finch, even their top recruiter in Cambodia with the account name “Banners Broker Cambodia” got his money stolen by anonymous people. Please check here http://www.facebook.com/photo.php?fbid=244802868986005&set=a.208288242637468.53870.100003688822758&type=1&theater and http://www.facebook.com/photo.php?fbid=244804898985802&set=a.212915175508108.55578.100003688822758&type=1&theater. The sad thing is he doesn’t know why. The transactions came from Google and Apple. Now he is blaming them on Google and Apple for stealing his money, without realizing his card was actually used by someone probably in the Banners Broker ring. Now those greedy BB people are desperate and want to steal as much money as possible. This top recruiter is ignorant and dreams of being a millionaire. He is collecting USD 5300 from his peers to buy more panels now (http://www.facebook.com/photo.php?fbid=244659645666994&set=a.212915175508108.55578.100003688822758&type=1&theater). That’s really sad. Hundreds of Cambodians, if not thousands, will suffer when this scam collapsed. No one could talk to those Banners Broker people in Cambodia. They would threaten to beat us up without reasons and even use the police to threaten us. They are blind and we can’t talk to them. They don’t listen to us at all. I am waiting for this scam to collapse and then I will tell them I told you so!

    I hope all people can access this. I will screenshot these pics from Facebook. Finch, you can use them as further evidence against BB scams.

  • Dan

    I have spent a lot of time reading this and many blogs, etc, on the net over the last few days relating to the whole BB thing, I have to say that the biggest thing I have picked up from all the debating is that the BB disciples resort to slander, personal attacks and swearing… I think this battle was over a long time ago.

    @ Finch,

    I actually starting investigating after a friend of a friend trying to lure me in. As you are aware and have stated, your blog came up 2nd or 3rd on the list, I found it to be the best source of evidence on the matter and made me continue to look further. I’m quite confident that I would not have got involved with it any way as I am a businessman and know full well that you have to work hard for your money. But I found your blog on the subject helped reinforce my concerns as did some of the others. Hell, just looking at the Banners website did some of the work!

    My point being that as you mentioned above……. job done!

    Keep up the good work.

    Regards.

  • Dave II

    Even the Indian woop woop sounda police have investigated. Guess what? Yup, BB continues. Take your maligned critique and errr….I am sure Poyol would give you good advice.

  • andreasheinz

    @ watchdog

    “That’s really sad. Hundreds of Cambodians, if not thousands, will suffer when this scam collapsed. No one could talk to those Banners Broker people in Cambodia. They would threaten to beat us up without reasons and even use the police to threaten us. They are blind and we can’t talk to them. They don’t listen to us at all. ”

    In the world of venture capitalisation the BannersBroker-ring of 250,000 “brokers” with its $ 200,000,000 or $ 500,000,000 is a rather small fish. In the world of crime and (capital-)terrorism its a rather big one. It may end in a real BigBang.

  • andreasheinz

    To translate math into “modern english”:
    $ 500,000,000 in e-money is 10 or max $ 30,000,000 in hard cash to buy servers or pay people. Put Google out of business with an $ 10,000,000 investment?

  • Dave II

    Crime. What a bold word. Is this Finch’s fan-club?

  • D. Pressed

    @andreasheinz

    I think, from your garbled, repetitious pigeon English rant; that you believe it was totally unrealistic of me to expect a 100% return on my panels. That because I’m not a ‘venture capitalist’, and I shouldn’t get involved without understanding the basics of ‘venture capitalism’. Not that you offer any explanation as to what this means beyond a deliberately obtuse shite-speak way of saying ‘starting a business’.

    You then extrapolate this accusation of ignorance into one of ‘greed’.i.e. according to you, the reason I’m a ‘losser’ (or loser?)…or perhaps you mean I’m a ‘tosser’?….(fair cop on that one ;) ) ,is because I don’t understand maocroeconomics AND I’m greedy. The two don’t necessarily follow. It depends on an interpretation of the mechanism that is presented. With BB, the inference is or was that online advertising is a multi-billion dollar industry and that much of it is potentially untapped. Therefore, by being in on a revolutionary concept, I had no obvious reasons to dispute the claims of profitability. In other words, what BB’s business model amounted to is to be like Google ads, but with profit sharing and an affliate scheme intertwined and the option to be an advertiser, a publisher, or both. Who am I to say it’s rubbish when it’s presented in as a ‘macro-economic’ environment in a genuine micro-economic 4 star hotel; which could conceivably be viable. (the BB business model, not the hotel!).

    I genuinely believe the person doing the presentation was honest and that he DID also believe that BB was breaking new ground with online advertising, publishing and the ad-pub combo. And that ‘we’ only needed to get a fraction of a percent of Google’s business in order to generate a long term multi-billion dollar business which was primarily the adertising and secondary the affliiate scheme. It was presented in plain English and made enough sense to be credible to the layman. (unlike your drivel).

    The figures, okay; now I know the margins that advertising brokers really work to, 100% return in weeks was optimistic aka ridiculous, but my interpretation before the bad publicity and blogs like this emerged to disabuse me of the notion; was that even if it only ends up 25% as good as a they claim, if I look at it LONG TERM, it’s not a lot to risk relative to the perceived potential.

    That’s not greed, it’s realism based on known facts at the time one invests in anything. And some of it has to be taken on trust. If I had no trust in the people, it wouldn’t matter how good it sounded, but this guy’s enthusiasm was not obviously a front to a blatant scam that he knew about. I think he thought it was going to be what he said it was going to be.

    The problem is that the scheme was either unwittingly or knowingly misrepresented to people like me. Either BB never intended to attract advertisers, only affiliates. Or they DID intend to make themselves into genuine advertising brokers but realised that side of the model was unfeasible at those margins, so scrapped it very quickly. And the stuff about fresh money generation coming from advertisers therefore collapsed many months ago so all that was left was the alleged ponzi.

    It seems it started as a ‘straightline doubler’, morphed into a respectable, fairly feasible legal concept selling real products and services; and then back into the realms of unsustainable affillate idea selling. Perhaps.

    But, without knowing those things way back then, I couldn’t stand up and accuse the man of lying. I WAS sceptical (always have been), and the stated returns did strike me as remarkably high; which is why I DID NOT get greedy and tell everyone I know to get in on this great scheme. And I had no interest in creating a downline just in case it ended up being a pack of lies, a failure or just a very minor success that broke even or made a few peanuts to feed the birds with. My expectation was that it would provide me with moderate but honest returns. i.e. somewhere south of the Hypermania and north of Ponziland, or Pyramid Island. So of course, although I thought it could be a flop, I didn’t expect it to become so rotten so soon. So I was ineveitably angry with the situation AND myself….but not really with my friend or the BB rep. who I don’t hold a grudge against. They’re dreamers like me (less cynical, more gullible than me)… but not crooks out to rip me off.

    There were large parts of it I didn’t really understand, but PLAUSIBILITY was reasonable relative to how much I had to put in. I mean….the bloke said, you can start from as little as $25. Start small, within your means, and watch it grow….It’s not as if I had to invest £1,000′s. To me it was a gamble…risk, versus potential. This is hardly ‘venture capitalism’ on a MACRO-ECONOMIC scale for me as an individual. I wasn’t being told to liquidate my assets, take out a massive loan, get all my friends and relatives to do the same and shove it all in the hands of BB.

    This is why I think that Irish newspaper articles ar bad journalism. Their ‘research’ is taken from people whose expectations were way beyond the terms of any official BB presentation (if they bothered to attend one). It was always made clear to me that my money would largely be tied up in panels and that the income was residual. It was absurd to suggest that anyone could withdraw all of the value of their panels to make a fast fortune. But the papers put that spin on it based on the ultra stupidity of the true GREED merchants; and they have merely muddied the waters with a load of lazy soundbites.

    I do agree however, that I was naive to not do any further research into how internet advertising REALLY works before signing up, but it’s not as if I was having much more than ‘punt’ on something which I hoped and expected to make me money. Or at least to not lose any money. The only obvious lie is the one that with BB ‘it’s impossible to lose money’ or ‘impossible not to make money’, but much of that came from GREEDY affiliates aggressively trying to build free traffic for themselves via signing people up to their ‘team’.

    However, it seems that you’ve now formulated your opinion of my ‘greed’ and ignorance via a less structured model than the one given at the BB presentation, or even that of the You Tube loons who DO present it as a route to an easy fortune.

    You say: ‘In macro-ecomomics the “Chicago-boys” Vs the “Vienna-boys” is a black-or-white’.

    Initially baffled, I Googled these two macro-economic descriptors of yours and discovered that they are choir boys. Literally, The Chicago Boys’ Choir ‘and ‘The Vienna Boys’ Choir’. I did O Level Economics at School back in the 1980′s and have no recollection of either of these choirs apprearing in the economic theory or priciples of J.Maynard-Keyes, Adam Smith, or even Milton Friedman (Maggie Thatcher’s guru)…Not one of them mentioned choir boys in any of their books or lectures.

    Obviously, I’m not privvy to what these gentlemen got up to in their spare time, but in terms of their professional and academic discourse, choir boys never came into the equation.

    It’s a shame you weren’t at the BB presentation I went to when the representative explained the business model. If he’d told me I needed to understand how young boys in white cassocks interact competetively in order to learn how to make money online; I’d have been off out the door as fast as my fat legs could carry me!!…possibly chased by Jimmy Saville’s bandwaggon of alleged victims.

    Even my optimistic friend would have rolled his eyes and suggested that this BB presentation is more like a scene from ‘One Flew Over The Cuckoo’s Nest’ than a serious business opportunity. And therefore, we wouldn’t have got involved and I wouldn’t be here now replying to someone as utterly absurd as you whilst trying to keep a straight face!

    To be fair though andreasheinz (I like your beans by the way; 57 varieties is an impressive level of diversification.) :)….to be fair, such is the state of my BB account that my panels are now being operated using a formula based on the following equation. It’s been added to the t and c next to the India office debacle post:

    Dear Affiliates:

    As from 4th January, panels will no longer be completed via an unworkable algorithm based on fictional adverts on illusory websites with invisible traffic. We are pleased to announce that the following formula will apply to panel completion:

    Yellow Panel x2 + purple (where purple = B) + green to the power of 3 (-B +85% of green) – one Vienna Choir Boy + blue panel (-cassock) x yellow to the power of 5 Chicago Choir Boys (/cassock – green) = Panel Completion.

    Please be assured that this change will not prevent all affiliates from becoming millionaires by next Thursday, or adversely affect our plans to introduce a new 50,000 dollar global choir boy ad/pub/combo. package in the Spring.

    It’s a good job I’ve got my sense of humour back otherwise I’d not be able to keep sane people like Steven Howard amused as we both contemplate not only our own failings, but marvel at those who think that speaking in tongues is a sign of superior intellect; rather than either mental illness or demonic possession!

    P.S. Stick that lot through YOUR translator Mr Beansmeanz and see what it comes up with! ;)

    P.P.S. Thanks Della Cate, Cheers Steven H. You’ve restored my faith in faithlessness! :)

    P.P.P.S. This stuff is comedy gold. I ought to be earning money now as a writer. I know I’ve got the talent. Lot’s of people say so, not just me! Trouble is, although I could be a great blogger; in order to make money on the net selling genuinely marketable crap, I’d have to become a great blagger too! ;)

  • Dave II

    Finch. Oh Finchy, Baby. Finchy. C’mon now. There are some members without a badge.

  • Seven Howard

    Dave II says:
    January 3, 2013 at 3:34 pm
    Let me guess, Mr Howard, they are running from you,
    ————————————————————-
    No Dave, they are running from law enforcement agencies.
    ———————————————————-

    DaveII Said
    Martin and that pathetic excuse of a wannabe detective, Poyol! Let us not forget the decrepit [expeltive removed] with a woman’s name and Joe, with the dodgy elbow. You lot really make me laugh!
    _________________________________________________________

    Well Dave, when all you can do is resort to name calling, then I know **WE’VE** won.

    I suspect you’ve got a massive downline and are worried about losing thousands of pounds from your panels. If that’s the case that should be the least of your worries, you could lose everything you own and could well be pacing a lengthy prison sentence.

    ———————————————————-

    Let me ask you, as a group, what have you done today apart from troll the internet?

    ————————————————————-
    We’ve prevented some people from joining Banners Broker, this should allow them to keep their hard earned cash.

    —————————————————————

    As I said before, carry on, it is highly amusing!

    Carry On.

    ______________________________________________________________________

    I’m glad I’ve contributed in cheering you up, you’ve made me feel so good about myself, I’m going to do a heck of a lot more.

    Thanks for the encouragement Dave. Have a nice day.

  • Finch

    I don’t like to censor individuals, but when an entire comment consists of F bombs, C bombs, personal attacks and not a single word about Banners Broker, it adds absolutely nothing. So I’m not going to be approving them anymore.

    If you are a fan of BB and you want to be heard, you’re going to have to debate with facts and evidence rather than the usual spewing of hate.

    Sorry to be an inconvenience to your unsatisfying little lives. :)

  • Finch

    On the subject of the ‘Indian police acting on false information’, can anybody point me towards a press release or an official announcement to verify that claim?

    At the moment, Indian accounts are allegedly running again (again, need confirmation on that…), but there has been no announcement that the charges have been dropped or the office re-opened.

  • andreasheinz

    Its your Blog, Finchman

    A producer has to do what a producer has to do.

  • andreasheinz

    Its crazy, most people notice the artists, the investors, and the tech-crew. The better ones even the cleaning-lady. Sometimes smart work is hard work. Thats the job of a producer. I would guess you’are to young for atop-position right now, but a rare talent. Both, ina investor-sense and in a producer-sense its: Job DONE

    It was a pleasure and a honor to be guest at your blog. Thank you very much and GSTQ

  • andreasheinz

    “I would guess you’are to young for atop-position right now,”

    Its called an insider-joke!

  • Seven Howard

    Steve says:
    January 2, 2013 at 1:26 pm
    I would just like to say that this blog is now like a bunch of bloody school kids,
    ————————————————————-
    Hi Steve, You might notice that It’s the BB members who are throwing insults around and name calling. There’s very little thrown back at them, I’ll leave you to make up your own mind what that means.

    ————————————————————-
    Finch your probably seeing more traffic because of BB, great marketing mate, bet you’ll be sick if it goes down.

    ———————————————————–
    Yes, well done Finch for highlighting this issue.
    ———————————————————–

    Just a thought for people, I own my own business and advertise on google Adwords, just looked at my report and they’ve charged me £20 for showing my ad somewhere 6000 times in a matter of hours do you think I should ask them where my ads were shown cos I’m starting to believe the Internet doesn’t exist

    ——————————————————————–
    Would that be a Banners Broker business by any chance ?

    You target your audience (in Adwords) and if you’re not happy about your charges, reduce your auction prices.

    If you’re not getting any extra business from Adwords (why else would you think the Internet is a myth), then maybe you need to come up with a better Ad or target potential clients the correct way.

    http://support.google.com/adwords/bin/answer.py?hl=en&answer=2497976&topic=1713894&path=1710534&ctx=leftnav

    For more help.

  • Della Cate

    Has anybody any clue what “andreasheinz” is going on about?

    Anyone?

    Please?

  • Finch

    Highlights from Chris Smith’s latest announcements:

    Smith on Indian office: “You may have heard a few things. Bottom line is there is some mischief with an ex-employee. Everything is getting sorted out shortly. Our legal team is on top of it. The “office” the physical building is closed, but BB India is NOT closed.. the company is fine, it’s only the office that has been closed. “

    What sense does this make? I think we can translate it to: “The Indian authorities have seized all of our Goan assets and haven’t yet given them back, but that’s okay because we can still operate virtually.”

    This issue is clearly far from resolved.

    I don’t quite know what to make of the phrase ‘mischief with an ex-employee’, but most reputable advertising companies are not raided and shut down by the candid tongue of a rogue ex-employee. You need good reason, and a warrant.

    What is interesting to note is this part of the media’s coverage:

    “The scheme of the company is also in contravention of the Prize Chits and Money Circulation Schemes (Banning) Act 1978,” states a press release issued by the police department. A case has been registered against the accused.”

    If we are to dig in to the details of that act, we find this:

    (c) “money circulation scheme” means any scheme, by whatever name called, for the making of quick or easy money, or for the receipt of any money or valuable thing as the consideration for a promise to pay money, on any event or contingency relative or applicable to the enrolment of members into the scheme, whether or not such money or thing is derived from the entrance money of the members of such scheme or periodical subscriptions;

    That sure doesn’t sound like mischief from an ex-employee. Whatever he has said, it has given the authorities good enough reason to charge the company and seize their assets.

    Of course, Banners Broker may have a perfectly good excuse for how this came to be. I think a lot of readers will be looking forward to hearing it.

    Smith on World Tour: “BB World Tour has been canceled for now. If you purchased tickets, they will bve refunded to your eWallet. We do apologize for the cancellation, but due to the “mischief” from this ex-employee, we need to take steps to rectify this situation.. top priority.”

    Again, you don’t cancel a World Tour because of a little mischief.

    We can only conclude that the investigation is more serious than Jaime Bento was letting on when he said that the office would be reopened and issues would be resolved by tomorrow (Saturday) morning.

    Why cancel a World Tour over such a trivial matter?

    Are Dixit and Smith nervous about what the Indian authorities might find?

    Smith on panel movement: “Some of the algorithms went “wonky” as some moved faster and some slower. Right now the update is offline until we get that sorted out. You will not see movement for a couple days. When it up live, your panels will be in their proper position. This does not affect the activity on the blind network.. no one is losing any time, and the update will be updated in a couple days.”

    This was just too good not to quote.

    Wonky panel algorithms? What algorithms would they be?

    Surely the panel movements are directly related to advertisers buying inventory on the Blind Network? And if that is the case, why would all panels be set to move at the same time? What exactly is ‘Proper Position’? Why does Smith compare what is essentially a reporting mechanism to a broken down ponzi calculation machine that has suddenly gone a bit ‘wonky’?

    This is such a pile of immense steaming BS that it deserves printing and framing alongside the other memorable Blind Network quotes.

    Soon, we’ll need a new wall.

  • Seven Howard

    @Finch “Are Dixit and Smith nervous about what the Indian authorities might find?”

    From the outset of the news breaking in India, I’ve been thinking that the Police made a mistake. They should have held off until the meeting when Raj/Chris et al were in the meeting hall, surround it and arrest everyone.

    I think the Indian police missed a real opportunity.

    I predict that the Indian “World Tour” will probably not happen and it will take an extradition warrant to get him/them to India.

    India & Canada have had an extradition agreement since 1987.

  • Seven Howard

    @Della Cate says:
    January 4, 2013 at 11:28 am
    Has anybody any clue what “andreasheinz” is going on about?

    Anyone?

    Please?

    —————————————————————–

    David Icke ?

  • andreasheinz

    Oh me name it is Sam Hall
    Chimney sweep, chimney sweep
    Oh me name it is Sam Hall

  • andreasheinz

    A telegram arrived today,
    Well its time to catch the Monterey
    ‘Cause the man I wed, he waits for me
    And a daughter that he’s yet to see

    US Navy beamed its message,
    Will deliver brides on a one way passage
    It made big news across the nation
    The bridal train leaves from Perth station

    All the girls around Australia
    Married to a Yankee sailor
    The fare is paid across the sea
    To the home of the brave and the land of the free

    From west to east the young girls came
    All aboard the bridal train
    It was a farewell crossing of her land
    She’s gone to meet her sailor man

    No time for sad goodbyes,
    Well she held her mother as she cried
    And then waited there in the Freo Rain,
    To climb aboard the bridal train

    Well she was holding her future in her hand
    Yeah the faded photo of her man
    Catch a sailor if you can
    The war bride leaves a southern land

    All the girls around Australia
    Married to a Yankee Sailor
    The fare is paid across the sea
    To the home of the brave and the land of the free

    From west to east the young girls came
    All aboard the bridal train
    It was a farewell crossing of her land
    She’s gone to meet her sailor man

    Now this is the story of those starry nights
    Through desert plains and city lights
    Through burning sun and driving rain
    They wept aboard the bridal train

    All the girls around Australia
    Married to a Yankee sailor
    The fare is paid across the sea
    To the home of the brave and the land of the free

    From west to east the young girls came
    All aboard the bridal train
    It was a farewell crossing of her land
    She’s gone to meet her sailor man

    (The Waifs – Fridal Train)

  • Theseus

    @ Seven Howard

    Care in the community, methinks ;)

  • hankmoody

    @Finch

    “Surely the panel movements are directly related to advertisers buying inventory on the Blind Network?”

    I can tell you with 100% certainty, that this is NOT AT ALL the case. At first, it was said that the panel speed is variable due to variable traffic. Then, it was discovered that this is not the case, and that the panels are set on a timer, BUT don’t always move all the time because the “REAL TIME” sales engine, is NOT in fact “REAL TIME” and runs when they tell it to.

    Just some food for thought.

  • http://www.galaxy-blinds.co.uk ste riley

    I recently invested into BB and with the guidance of an experienced BB affiliate I have bought panels and then the money generated back from those panels capping gives you a new panel and the same in the Ewallet available to withdraw.
    I do know fact people who get paid regularly and a lot of money when they have hundreds of panels capping every month.
    Of course reading all these negative posts are causing me concern as I invested a few thousand dollars and would like at least the chance to earn my initial investment back and a bit more besides.
    Sometimes you have to take a chance when you want to make money , I could lose my investment if BB closes but I could have a good run and make a few thousand on top of my investment.
    Regarding Tax, I run a business in the UK and pay tax on sales and the money withdrawn would be into my business account for declaration.
    The most interesting thing I have found with BB is that they have a new office opening in Manchester in January. As I live only 15 minutes drive from Manchester I will be going in person to check it out to find out if it relly does exist for myself.

  • Theseus

    @ ste riley:

    The haven’t actually got an office in Manchester, despite claims of “100 seater meeting rooms”, one of their scammers-in-chief is (allegedly) in the UK to look for one though….

  • http://www.galaxy-blinds.co.uk ste riley

    theseus,
    we will see… Like I say , if they are going to state that they will have an office in manchester then they do not back it up with the said office then obviously it is all a scam.
    If they are operating a scam then why put themselves in an akward position by announcing new premises in manchester ?
    To be fair, it wont take long to find an office because manchester has lots of empty office spaces.. So time will tell.. :-)

  • http://www.galaxy-blinds.co.uk ste riley

    Hank moody,
    I had no panel movement for 3 days then this morning when I logged in I had an extra 500 dollars in my earnings..It does seem to me that panels do not update everyday… but when they do they catch up to realtime earnings.
    Finch is doing very well with this publicity.. I had never heard of him but now I know who he is and what he does.. 10 out of 10 .. ;-)

  • Theseus

    @ ste riley

    “If they are operating a scam then why put themselves in an akward position by announcing new premises in manchester ?”

    Because they know that BB won’t be around long enough to have to make good on the claim?

  • D. Pressed

    The highlight of Chris Smith’s latest announcements is NOT the boring techno-babble that Finch has posted. It’s been done to death already on here.

    Chris Smith says that the next STP payments will be made on 11th January. That’s the main thing aka HIGHLIGHT that matters in the short term to those of us with a tiny glimmer of hope of getting some or all of our money back and no more.

    It should at least be mentioned here seeing as it is a new BB promise of payments with a specific timescale. And seeing as Finch and others have been saying for ages that the money has gone.

    Not one person on this or any other blog has accurately predicted when BB will collapse…..It could take twenty seconds or twenty years depending on whose guess you ascribe to. Go back far enough and, BB collapsed many months ago on Realscam….(or was going to…)…. Yet still it carries on.

    If BB do pay out unpaid STP requests having had to cancel the ‘world tour’ then cashflow can’t be that bad. If they don’t, then it will be impossible to for Smith to maintain any credible dialogue with affliates beyond 11th.

    I don’t expect to be paid, but it does seem curious that, given the immense negative press and the India debacle, they haven’t already pulled the shutters down on BB and done a runner.

    Why hasn’t that happened already? What incentive do they have to carry on past last week with no ‘world tour’ to bring in new money? This is fundamental to the ‘business’ of creating new affliates.

    The fact is that talk of BB’s demise, particularly on Realscam, could become an embarrassment if it doesn’t happen very soon and if they do pay money out to people who cost them more to maintain as affiliates than to lock out/ignore.

    Ponzi or no Ponzi, there are some very unpleasant characters posting on Realscam whose vindictiveness, arrogance and inaccurate guesswork/ assumptions are undermining the case against BB.

    I very much doubt the ‘Indian Authorities’ will do anything useful either. Corruption is endemic.

    As stated before; I just want this thing to reach its endgame one way or the other soon. Until it does, no one on either side of the BB debate can claim to be doing anyone any favours.

  • Theseus

    “Ponzi or no Ponzi, there are some very unpleasant characters posting on Realscam whose vindictiveness, arrogance and inaccurate guesswork/ assumptions are undermining the case against BB.”

    Sorry, but it’s amusing that you call those warning of the scam “unpleasant characters” when BB itself is run and promoted by career criminals openly recruiting naive or desperate people and persuading them to hand over what to many is either their life savings or money they’ve borrowed from dubious sources, in the hope they’ll be rich.

    Let’s be very clear about something here, this isn’t some unwarranted cyber attack on a legitimate business, it is an attempt to prevent people losing what may well be every penny they have to a gang of organised criminals.

  • Nick

    D.Pressed, what does it matter when it collapses? The fact of the matter is that there is NO real advertising. If you get “lucky” and get paid out it will be at the expense of some “sucker” further down the line. The fact that you got scammed was something that was a result of a choice YOU made, but by not trying to stop others falling for the same scam that is where real immorality happens. You KNOW its a scam, but your desire to be paid back has outweighed your empathy towards fellow man.

    I ask you, who are the unpleasant?

  • http://www.galaxy-blinds.co.uk ste riley

    Still no proof that BB isnt a legitimate business.. Just peoples expert opinions on what is happening..
    People pay their monmey and take the choice..Myself included.
    All I can go on is my own experience and the people I know who are drawing down on the pre paid card every month without problems.

  • andreasheinz

    @ D.Pressed…NO

    neither Mr right-guy the MAN FINCHMAN nor I did have the information to build an algorithm:

    FE database 1 (inverse clicks) – math (aligatorsim) – data base 2 (page rank)

    This is in a technical or operative sense a NVA tri-cell – its rather “investigative journalism” but as far as BB aint Amway or Tupperware (Scam 1.0 – cult) or latest hypes (Scam 2.0 – crime) but Scam 3.0 – terrorism* XOU AND I need to have to…wait

    Promo Videos:

    http://www.youtube.com/watch?v=FztijZpfHFI
    http://www.youtube.com/watch?v=FN0qTVOMurE

  • andreasheinz

    Sorry to say, with a cash-return at 80% from ads and 20 % from investors the BannersBroker are BROKE – proper mathematically. It CANNOT work in a 3-dimensilal eucluidical universe with Gauss and Newton as your math.teachers.

  • Nick

    Ste, before investing in a business one should due their due diligence, otherwise it’s not an investment it is a punt and you’d be a fool. Without any advertising this can be nothing more than a Ponzi scheme, so the most important part of your due diligence should be to establish that there is actually some advertising being done, and if there is, where it is and is it worth the price you are actually paying for it.

    I have not found one person who is defending this “business” ever saying “what are you talking about, I have seen their adverts all over the place, in fact I saw one yesterday on Yahoo” etc. Why is this?

    All the so called investors haven’t got a clue what matters when it comes to what makes this a viable business model.

    Also I can’t believe that people are still spouting “the people I know who are drawing down on the pre paid card every month without problems”. You need to go and do some investigation on how a Ponzi scheme works. Finch laid it out quite clearly, but some people still don’t seem to understand, a Ponzi NEEDS to pay people out to be successful, that’s how it grows. Ponzi’s ALWAYS pay out at the beginning, until it comes to critical mass and there are not enough new recruits to pay out existing members. This can take weeks, months or years, but in the case of Banners Broker the writing is on the wall that there may not be much longer to go.

    Just to make it clear again, people getting paid out is PART of the modus operandi of a Ponzi scheme and it certainly isn’t any kind of proof that it’s not one. So please guys, if you truly believe that there is any possibility that this is a viable business/investment then establish where they are buying these billions of ad impressions that no one sees.

  • Nick

    In fact if they were even somewhat clever they would be buying junk banners at pennies per CPM and reselling them to you at the $10+ CPM. This may have gone some way to help them avoid jail, but I very much doubt they have done that as you would still have seen the banners around, albeit in some very dodgy places.

  • Finch

    Nick – Thanks for the injection of some common sense.

    It blows my mind how BB investors can call themselves businessmen/women when the crucial element of the business (advertising) flies completely over their heads.

    Let me try this another way.

    Some questions for the BB believers:

    - Would you invest in an oil company if there was no evidence that the company was producing oil, or that it could do so in the future?

    - Would you invest in a natural gas stock if the only evidence of natural gas was the breeze coming out of the CEO’s arse?

    - Would you invest in a technology stock if not a single technology mag, insider, blogger, expert or angel investor was talking about it?

    - Would you invest in an advertising company that has ZERO reputation in the advertising industry, and no evidence that it works with any advertisers? (That last one is particularly meaningful because it is exactly what is asked of a BB affiliate…complete ignorance towards meaningful research)

    Due-diligence is NOT asking around your mates for a definitive count of hands on who is making money. The point is that you won’t get a room full of glum faces until it’s too late. How many bubbles must burst before this is realised?

    Bottom line: the people putting money in to Banners Broker are not investors. They are speculators, or seasoned ponzi players.

    You can make money, but your profit is always somebody else’s loss. And no, that is not a fact of life.

    The argument that the government, healthcare, banking etc etc etc is one giant ponzi scheme is not justification for your own actions, and it will not stand up in a court of law.

    The sad thing about this is that the answers you need to make an informed decision are so obvious. They are right in front of you.

    More proof than you could ever need to see right through the lies and deceit is sitting there, just waiting for you to embrace it.

    Unfortunately, for those who are already deeply embroiled in the system, that will not happen. It’s textbook cult play. BB is as good as any ponzi/cult that I’ve seen in the last few years.

  • D. Pressed

    Finch quote: ‘You can make money, but your profit is always somebody else’s loss’

    I have stated enough times already that I AM NOT INTERESTED IN MAKING A PROFIT. As things stand my break even is MY break even. If BB does get closed down via a proper legal process then I’m entitled to compensation in the same way that the Zeek Rewards victims are.

    Consequently there is NOTHING morally or legally wrong with trying to get a refund while ANY ‘business’ is still operating. I’ve been in BB a lot longer than many who are complaining about it. Once I realised BB appeared to be operating unethically, I requested payment of my initial input with the intention of getting out fiscally and morally unscathed. I’ve also long since stopped activating panels despite I have ample traffic avaliable in my account. I don’t want any more imaginary ‘wealth’ associated with this company. Even if they were operating an ethical business, their customer services would cause me to lose all respect for them and want to take my money elsewhere.

    I pay money for electric and gas because I have to. They operate a legal business. I could and have switched to other companies, but all of them are have abysmal customer service and operate unethical practices. The same applies to banks. There is no material difference in my PERSONAL experience between BB and Powergen or Nat. West! They’re all out to get as much money out of me as they can whilst offering as little as possible in return!!

    Theseus: I said SOME….. There is nothing worse in a discussion than when someone interprets a qualified statement irrationally; in order to be irrationally ‘amused’ by a perceived error in MY logic!

    I’ve got no problem with SOME of them, who are producing FACTS which support the ‘scam’ case. Indeed I applaude them. Steven Howard is on there. He’s like me. He knows what’s going on but he’s also wise enough to protect his own financial interest whilst it’s still theoretically intact, yet fully accepting (and supporting) the general view that we’ve lost out. And some of his work now is to expose whatever FACTS he can, from the official BB forum; even if it hastens the demise of his and my tiny sliver of hope of getting a REFUND. Not a profit. A REFUND.

    But SOME have no reason or knowledge to add the discussion. They are just internet trolls who revel in other peoples’ problems. We’ve got some on here as well. Andreasheinz is a total moron who can’t construct a coherent sentence. Others merely rant and rave and still think BB is the greatest business opportunity going. It depends how one intyerprets ‘going’ as to what that means!

    The trouble with those (the vast majority) who either love or hate BB is that there is no balance to their statements. I don’t like BB at all, but there are a lot of things I don’t like about the way Finch goes about his business as I explained at length and fully justified. Whether you sell ‘crap’ or help other people to sell ‘crap’, you’re complicit in someone, somewhere, being sold CRAP. Legality doesn’t necessarily make something right. He can make money, but his profit is SOMETIMES somebody else’s loss.

    I DO however believe the facts that Finch has presented against BB. There is no ad network. It is entirely an affliate programme facilitated by a computer programme. I will however only KNOW it is an illegal ponzi/pyramid WHEN it has been shut down by due legal process. That is yet to happen.

    IF I wanted to perpetuate the myth that BB is operating a viable business model and IF I was unethical and ONLY interested in getting my money back, or making a profit from some other mug, I wouldn’t post on here, because it’s not in my financial interest to do so. It is however something I feel strongly about in general as well as personal terms.

    It’s wrong for people to be ripped off, mislead, fed lies and empty promises. Sometimes ‘due diligence’ isn’t feasible because even some of the so-called research material on the net is biased towards a hidden agenda. The internet is a breeding ground for people to present a piece of crap as a gem because it’s all just words and pictures combined with the imagination and desire of the writer and the reader.

    I take responsibilty for putting money into BB and losing it if necessary. At the time I did it, I found out what I reasonably could about BB on the world wide web. This blog was one of millions I’d never heard of and would have had great difficulty finding. AND where I wouldn’t have found one word of criticism of BB anyway! I probably should have tried to find out more about internet advertising generally, but none of that ‘diligence’ would have proven anything because very little IMPARTIAL fact is presented on the net by anyone with something to sell!

    Some of the trolls on realscam have tried to drum up interest from the media and so far failed. Others have breached confidences and interfered with the legitimate business of a landlord of a building, posted personal addresses of people or even possibly relatives of people allegedly involved unlawfully with BB ….and been told to go away!

    Some post gratuitous, salivating comments about lengthy prison sentences for virtually anyone associated with BB, regardless of whether or not those people have acted in good faith now, or in the past. These opinions are based on perceived hindsight and total ignorance combined with a hefty dose of spite. Many of them haven’t got or ever had a BB account so everything they state as fact is acquired 2nd, 3rd or 300th hand to the extent that their input is just Chinese whispers which hinders rather than helps an agenda of getting BB shut down asap.

    There is love and hate at the margins of most aspects of life. Neither is rational, or helpful because they are both the enemies of rational, factual truth.

  • Nick

    D.Pressed you are wrong, you are now complicit as you are very aware that this is a scam. Your money is GONE, there is no refund because it has been used to pay out people above you. The money you intend to take out is someone else’s money. For you to take your money out someone else has to have lost their money.

    However if the businesses goes bankrupt/belly-up you will be fully in your right to try to claim your money back the same way as anyone else. You are also more than in your right to sue them right now to try and get it back. But be under no illusion your money is gone and any money you recover by continue to try to withdraw is with the full knowledge that you are taking someone else’s money.

    I am not saying that I or anyone else wouldn’t do the same thing, just that you need to be careful when you attempt to take the moral high ground.

  • The Rock Lion

    Ahh …. deep sigh

    I joined last year .. and what was meant to be a career change has now turned out to be an $few hundred dollars experiment.. and slowly turning out to be small disaster.

    The few hundred dollars I funded my e-wallet with with never be returned as since I accept this as a “punt” or a “gamble” now, well at least I won’t lose thousands like some other I know !

    Yes.. It’s all about perception, and since I never referred anyone, I relied on patience for the best part of 9 months.. So even though my panels have allowed me to keep rolling by re-investing the funds in my e-wallet… I also accept that as the slow down in capping of my panels continue, it will not be sustainable !!.

    Normally a green panel would cap at 8 weeks… I’m now at 10 weeks and it will probably be another 3 weeks before it caps… Likewise, the slowdown in other panels is very noticeable !!

    Oh well… all things come to an end and the riding this wave was “experimental”..

    let me know if you wish to contact me and I’ll find a way to share my contact details with you :)

    The Rock Lion !

  • The Rock Lion

    Funny,

    I just received this in an email from an upline BB sponsor subscription list ..

    India Update

    January 4, 2013, 3:29 pm

    A few hectic days have now passed us by and we look forward to a bright and exciting New Year .\\r\\nSo what is new? As per our announcement in last October, we are opening new offices in Bangalore with in house meeting room and affiliate training rooms with a capacity for 80/100 persons, increased members of staff to handle our growth as well as appointing roving Ambassadors to assist the amazing growth in India. Exciting times lie ahead.\\r\\with regards to the February BB Tour, this had been delayed.\\r\\we want to thank you for the kind messages and encouraging calls that I’m receiving every day from all over India, Thank you so much for the support and patience. God Bless you All.

  • D. Pressed

    Moral high ground? I have made it absolutely clear that anyone even thinking of putting money into BB now should NOT.

    This in itself puts me in a position of decreasing my likelyhood of getting my money back. And it IS my money, in the same way that it would be with ANY business that owed me money. Legal, or illegal…innocent until PROVEN guilty.

    There were people who knew Comet were about to go bust still taking customers’ and suppliers money/goods off them. Yet ALL creditors of that and the many 1000′s of business that go bust every year have equal footing. In fact those who have been owed the longest are rightly due to be compensated first in my opinion. It’s not my fault if anyone investing just before the crash hasn’t done ‘due diligence’ on whether their £1,000 TV was going to be delivered or not. Same with BB. Due diligence depends on A) the amount of information availible B) The risk involved versus the potential reward.

    I tried to tell my friend at the time to only stick a few £100′s in because that’s an amount we can afford to lose. Not that we wanted or expected to lose it. It was a gamble though and I knew that. Trouble is, he signed up for a red package AND roped in some other people including relatives, put more fresh money of his own in and so on. I’ve tried to alert him to the situation now but he’s not returning my calls or texts!!

    I could be very angry with him, but I’m not. I feel sad that when reality hits home it will hit him a lot harder and broader than it has me. Unlike me, he doesn’t want to consider the probability that he’s been sold a bum steer. His expectations were always higher than mine. Saw it as a mega pension fund. I’m old and cynical. I can afford to lose what I put in, but I’m damned if I’m going to cancel my STP request or close my account and therefore forgo ANY chance of getting MY money back.

    On the other hand, knowing what I do about BB, it would be WRONG of me to try and make a profit from the ‘business’ as it is rather than as I thought it was several months ago. There is a guy on realscam who makes some fair points as an insider. BUT his stance is fundamentally different in that he is still merrily drawing out as much as he can and justifying his actions by stuffing the occasional $50 note into the hand of a beggar on the streets. He doesn’t give a damn if BB is a Ponzi as long as he can prosper while it lasts.

    This isn’t ‘spreading the love’ as he claims. It’s playing Robin Hood with the money of people who are only a few steps away from living on the streets themselves! It’s also an ego trip to make himself feel good about a bad situation. I find his attitude repugnant. Utterly selfish. I do agree I have self-interest in getting my money back, but that’s not the same as avarice. I’m not wealthy. I could do with that money back. beyond that, a few grand would make a big difference to me; but even if I had a BB payment card and I could take out a few grand (or 20 grand) I wouldn’t. I’d just take out the amount missing from my bank account, cut up the card, and write to Whitby telling them where to stick it!

    Anyway Nick…. what would you do NOW….? IF you had put any money into BB? Cancel your STP payment request so that those at the top and some below can cream off even more PROFIT?

    My desire to get my money back is because my bank account shows I’m in deficit. BUT whether I’m complicit in promoting fraud, depends on my stance towards the ‘business’ and I’ve made my position clear that I do not think BB are the sort of business to do business with. But I’m in it and have to come up with an exit strategy that my conscience and fiscal deficit is most comfortable with from a range of no win scenarios.

    Of course, you’ll claim you’re far to clever to have got involved the best part of a year ago, but try and empathise before you criticise.

    Btw… Talking of moral high or low ground:

    Finch says:

    ‘The definition of an affiliate marketer is somebody who sells somebody else’s stuff.’….

    Finch also says:

    ‘The first rule of selling CRAP on the internet is to have something to sell’.

    Put the two together and Finch IS selling crap. It doesn’t matter whether it’s his crap or someone else’s. In fact, he claims it HAS to be someone else’s crap in order to define his career choice!

    I hope those people buying his affliates’ crap (not that it’s all crap I’m sure) are doing due diligence on that crap which is crap and on the stuff that isn’t! Otherwise they’re potentially just the next downline of victimisation paying for someone else’s lavish lifestyle.

    And if they ask for a refund and get it, their money will ‘already have gone’ too. Just like mine if we follow your logic Nick. Legality isn’t the issue. The refund will have come from those who know they’ve bought the same crap but can’t be bothered (because it’s ‘only’ £25) or more likely are too embarrassed by their foolishness to claim it back. This is a common situation when people get scammed. They are ashamed of THEMSELVES for falling for it and just try to forget and put it down to experience. They’re still victims of a scam though. BUT by not trying to get their cash back in whatever way they can, they help create a nice cushion for the scammers to fall back on. It could be argued that those who do NOTHING are more complicit than those who try to protect their own interests to some extent, while compromising their interests to some extent by advising others: DO NOT MAKE THE SAME MISTAKE AS ME.

    One of the cleverest things about BB is that they ENCOURAGE people to only invest what they can afford to lose. It therefore encourages patience and tolerance of ‘technical hitches’ because worry and stress is proportionate to risk. Small amounts spread across 100,000′s of people is far more sustainable over the longer term than a rip off involving a small number of people who have plundered their life savings out of greed and foolishness. Particularly when even the allegedly scurrilous ‘affiliate marketer’ wasn’t advising them to do so!

    I’m not losing sleep over losing my ‘investment’, but I’m not just going to disappear into the ether and leave people who read this blog with the misapprehension that it’s a straightforward saints versus sinners debate. I was going to, but there is too much sel-righteous crap being spouted by self-appointed experts which needs to be challanged.

    Like I say, just because crap is legal, doesn’t necessarily make it ethical. And when people KNOWINGLY sell crap, then they’re ‘complicit’ in the general trend towards online fraud and theft.

    Nobody comes out of this with any credit. I can see that Finch has done good work, as have others, in revealing some very pertinent facts about BB that have prepared me for an imminent endgame which I’m not going to enjoy whether I get my money back or not. But they’ve also exposed some their own contradictions and inconsistencies regarding the delicate balance between legal scamming and illegal scamming. I am not saying Finch is a scammer per se, because I can’t prove it. And anyway, that’s not my agenda, which is to try and give the point of view of a victim of BB who has NOTHING to sell to anyone on the internet except bits and pieces on Ebay. All I have done here (in the pursuit of BALANCE and fairness) is present HIS statements and ask those who read them to form their opinions. That’s no different to his quest with regard to BB. Stick to the facts and the truth will out.

    The least effective people in discussions of this nature (apart from the trolls and the ranters)are those like you Nick; who accuse others of taking the moral high ground; while stealing it for yourself.

    It’s easy to do that when you’ve got nothing to lose by pontificating from outside the purple panel of disappointment.

  • D. Pressed

    The Rock Lion…. It’s nice to know that sighing is still legal! I’ve been doing a lot of it recently reading and writing about the BB debacle. :-)

    ‘Thank you so much for the support and patience. God Bless you All.’

    Thank you Banners Broker. Now that you’ve left it in the hands of God to sort out my STP payment, I might get paid out when I die!

    Sigh….. ;-)

  • The Rock Lion

    Hmm ..

    Another thing I forgot to mention, Is that you get slugged “transaction” fees whenever you put money in or try to take money out.

    When I started out I showed BB to a few friends, and one of them has an Master of Business Administration (MBA). He sat down with me for 2 hours and we did cash flow and risk analysis of how BB would make money.

    ALL THE FINANCIAL RISK IS ONLY ON THE AFFILIATES

    I signed up through Solid Trust Pay, and noticed I would have 5.5% of the money I would transfer taken out as a fee.

    I did an analysis of funding the e-wallet with $1000 in and trying to take it out.
    (thankfully I only put in a few hundred dollars)

    You immediately loose $50 in transaction fee to fund the e-wallet.

    Then trying to get the remaining $950 out through Solid Pay Trust, you get charged for transferring money to your Solid Pay Trust account from banners broker, and then another set of transaction fee to transfer money from Solid Pay Trust to your normal bank account.

    you loose about another $60 to transfer it out to your bank account…and don’t get me started on “waiting” times

    I added up all my fees and charges and it cost nearly $110 for me to do that transaction. A very quick way to turn $1000 into (approx) $890.

    So to anyone who is still promoting BB please sit down and do a cash flow and risk analysis of where money flows to and from. (maybe seek independent financial advice on how the model DOES work)

    “Who owns the financial risk in that Banners Broker cash flow model ?” :)

    My answer: “The affiliates”

    Just to be clear on why I say the answer is the affiliates

    Money Flows from the affiliate to the sponsors..
    to the BB System …
    to the “Internet Advertisers/Publishers” (Guess who they are ?..and thanks finch for the nslookups ;)) …
    Back to the BB System (A nice double dip there for you know who ?),
    down to the sponsors..
    then back to the affiliate

    I’d love to hear peoples opinion on cash flow within the BB System !

  • regardezlamain

    Just a late night thought – can anyone explain the difference between a Ponzi scheme and the UK pensions system? No, seriously – think about it.

    (A seriously disgruntled UK soon-to-be-pensioner (who might also have been one of the BB constituents…!))

  • D. Pressed

    You’re correct of course Rock Lion. BUT that’s on the basis of knowing that the only money creating cashflow is from ‘affilates’. The only way the BB model could work is if it had money coming in from people who aren’t affliated. i.e. The model describes three income streams:

    Advertisers
    Publishers
    Advertisers/Publishers combined

    In practice, the AD/PUB Combo. as the third option is called has turned out to be the ONLY option that is operative. And this IS the affliate scheme. There is no buying or selling of advertising. There is a minimal token gesture of in house publishing created by BB,but this is financed purely by the money they have made from the sale of pseudo ‘products’ such as impressions, traffic packs, boosters together with the multitude of fees and charges which are unecessary and/or grossly excessive.

    HOWEVER. Those fees would be accepetable IF the overall model did include money invested by genuine advertisers buying genuine adverts from affliates ‘publisher’ part of the ad-pub combo. OR from stand alone publishers who were also from outside the affliate network.

    In other words, I’ve paid loads of fees over the months, but all of them have easily been absorbed by the 100% profit I’ve been able to make on my panels. Hence the fees are high, but so are my profits.

    If you started out and did due diligence with someone qualified who supposedly knew something most of us didn’t, then why did you invest?

    Furthermore, he could only have drawn that conclusion then if he KNEW there were only ad/pub affliates and that the advertiser and publisher aspects were a sham. I don’t see ho he could have known that in isolation. He COULD have pointed out that 100% returns are impossible in the real world of selling advertising space, but that’s not the way in which he deconstructed the model. But let’s assume he was clever enough to see that ad/pub = affiliate, publisher = BB spending peanuts on some shoddy websites and advertiser = nobody; then he’d have been right. But I repeat, at that time, there was no clear evidence that there were no adverts and no advertisers. It was still early days for the ‘mark 2′ model.

    And IF there are (were) ADVERTISERS then the risk is (was) NOT all on the affiliates. But If your man drew the conclusion the risk was all on the affiliates a year ago, then I’m astonished you did a so called risk assessment, looked at the costs versus the benefits as you and he perceived them and STILL went in…..Putting in a few $100′s instead of $1,000 doesn’t make you any less of a fool for ignoring your own independent advisor!!

    :-/

  • The Rock Lion

    One is formed by the “government” and considered legal by authority and to question it’s legitimacy may fall under the term of treason (or equivalent) and you could go to jail

    The other is well .. somewhat “business” (and i use that term lightly) based and to question it’s legitimacy is “valid” :). You can question the authority (even if no answers are forth-coming).. and the so called business can be subject to the laws of the land !! ..or something like that :P

  • The Rock Lion

    @ D Pressed
    “But If your man drew the conclusion the risk was all on the affiliates a year ago, then I’m astonished you did a so called risk assessment, looked at the costs versus the benefits as you and he perceived them and STILL went in…..Putting in a few $100′s instead of $1,000 doesn’t make you any less of a fool for ignoring your own independent advisor!!”

    I blindly joined BB april-ish then 2 months later I showed my friend …

  • D. Pressed

    I should add that I’m fully aware my profits are illusory, but perhaps part of the reason the profit margins offered was so high was so that people (mugs) like me could add up the plusses and minuses and believe that even after accounting for all costs, $1,000 was a moderately quick way to turn $1,000 into a few $1,000′s. Your conclusion assumes zero growth from panels, fictional or otherwise! You claim to have known this yet still chucked your cash at it! Thanks for making me feel that I’m only the 2nd biggest fool on this forum! ;-)

    @regardezlamain.

    You’re absolutely correct. The amount of fraud, lies and theft from pension funds by companies and Governments is every bit as filthy as the filthiest Ponzi…and you, having done due diligence throughout your working life, end up being the ‘affiliate’ crushed by the scandal of broken promises and goal posts not just shifted, but dug up and melted down! You can retire at 65 I was told when I cut a deal with the devil, but he’s renaged on that deal….sorry, we meant 66, 67, maybe 70…maybe never!

    While the crooks and scammers who have blantantly ripped you off get away with it because what they’ve done is not ‘illegal’….Blame the recession, blame the stock market…blame anyone apart from those responsible for managing YOUR money responsibly and for making any attempt to research the deal you think you’ve signed up to, utterly pointless.

  • D. Pressed

    Okay, Rock Lion… Although that’s not how your post comes across. And it does beg the question that if you knew this bloke, why didn’t you ask him before you invested?, and secondly, why you didn’t put in $1,000 when the costs of withdrawl are much higher, the less you put in?!

    In other words, Sticking in a few $100′s is more expensive to administer and grows the theoretical ‘business’ more slowly because some fees such as monthly subscriptions, boosters, traffic packs are fixed whether you have $100 in your account or $1,000.

    If you believed in the basic three part model at the time, there was no reason to not put in $1,000 if you could afford to. And if, a couple oif months later someone whose view I respected told me I’d got it all wrong and the only money going into BB is affliate money I wouildn’t have waited until it is probably too late (as you have done), to get your few $100′s back as a first priority!!

  • D. Pressed

    @The Rock Lion:

    ‘One is formed by the “government” and considered legal by authority and to question it’s legitimacy may fall under the term of treason (or equivalent) and you could go to jail’

    That’s two threats of imprisonment I’ve had this evening. Both based on utter tosh!

    If every person who ever committed ‘treason’ in the manner you define it was jailed, there would be about 50,000,000 people in UK prisons now; including my 80+ year old mother, the entire Parliamentary opposition aka The Labour Party, numerous journalists, a bloke in the local pub who says Cameron and Osborne are a pair of a lying, cheating money grabbing ponces…and various others I know and don’t know personally with varying reasons to question the legitimacy of authority!

  • Seven Howard

    @Nick Said :-

    D.Pressed you are wrong, you are now complicit as you are very aware that this is a scam. Your money is GONE, there is no refund because it has been used to pay out people above you. The money you intend to take out is someone else’s money. For you to take your money out someone else has to have lost their money.

    However if the businesses goes bankrupt/belly-up you will be fully in your right to try to claim your money back the same way as anyone else. You are also more than in your right to sue them right now to try and get it back. But be under no illusion your money is gone and any money you recover by continue to try to withdraw is with the full knowledge that you are taking someone else’s money.

    I am not saying that I or anyone else wouldn’t do the same thing, just that you need to be careful when you attempt to take the moral high ground.
    ———————————————————————————–
    My reply.

    Nick, I think that’s a very insulting thing to say to D.Pressed.

    He “invested” in BB as did I, we both put our money into the system or pool.

    We’re both morally entitled to draw our money out of this system right now.

    Recently it came to light that HSBC had been involved in money laundering, does that also mean that everyone who has an account with them should close their accounts and lose their money?. Of course not.

    We put our money into the pool, we’re entitled to attempt to try and remove it as well.

    I probably won’t as at the moment it’s not cost effective and BB will probably close before I’m able to.

    When BB does blow up, I’ll not be trying to get my initial investment back, but my “Total Earnings”. That’s the amount I’ll be trying to claim back from Raj Dixit et al.

    The amount I expect to get back is £0.00, that won’t stop me trying though.

    Therefore the only way I can do SOMETHING about BB, is to contribute here and on other forums in an attempt to warn other potential investors and try and bring about it’s demise as quickly as possible by alerting the relevant authorities etc.

  • Deano

    I’ve been waiting for my BB card for 11 weeks. Starting to regret investing now.

  • Snipe

    hey guys,
    I’ve been thinking about going into BB for a while. the reason being is because i’ve been following by friend trough his time on BB. he join in at the green package which is 415 dollars and he show me the account today and it was at 7320$. he join in july of 2012. thats crazy and yes he does take money out lol even though there is a lot of fee’s. Anyway i was thinking of joing but i’ve been doing my research for the last 3 or 4 days. whats gets me worried was the article and the comments and what happen in India. and that its gonna fail soon? i’ve told my friend this but i think he is to brain washed like those EN guys lol. But if i do go in to BB i will keep you guys posted day by day and see what happens.

  • Nick

    You didn’t invest in BB you invested in some non-existent panels. Had you invested in a “pool” of invested money in BB then it would be classified as a collective investment scheme which should be regulated (in the UK and Ireland anyway) and you would have regress and compensation due.

    I am not insulting anyone, I am just stating a fact, the money you have put in to buy panels was not used to do this it was used to line the owners pockets and pay out previous members. Once you come to terms with this then the only thing you can conclude is that to get “your” money back there needs to be more suckers down the line who have to lose money.

    Would I take my money out as well? Yes I would. But its not me going around saying people are trolls on a forum where people are extremely pissed and quite rightly so. This is not a business plan gone wrong, it is a well thought out plan to commit fraud on a huge scale.

  • Ditto Ditto

    @Finch

    I am going to be rude and say I think D Pressed needs to get his own blog or webpage rather than clog up your blog. Sadly *any* valid points the D is making is lost in the mainly extremely long and verbose posts. But then, that’s what he’s here for isn’t it?

    The only analogy about whether “your money” is gone I can think of that may explain it is as follows:

    You are standing on a bridge over a river. You throw a bucket of your own water into that river. The river is fast flowing and your water disappears. Other people are standing on bridges like yours further up stream, also doing the same thing.

    Now you want to get “your” bucket of water back. So you dip into the river. The water isn’t yours, it’s someone elses.

    That’s what’s happening in BB. Discuss.

  • http://capeverdefurniturepacks.com Stephen Riley

    Reading all what has been posted on here .. I have invested in BB and will run the programme till at least i see my money back.. i did jump in quickly without the thought it could be a Ponzi or whatever money making scheme it is .
    Regarding charges for transfers etc then obviously these will be there to make the companies money . I got charge 250 dollars from my original upload and when you draw down you get charged again. If all these charges were waived then wouldnt that really sound suspicious.
    The choices are still there for people to join up but they have now decided only refferals are being accepted at this time.
    I have learned a lesson from this and if i lose my money its got to be put down to experience and I will never fall for another internet trading investment again..

  • Seven Howard

    @Nick.

    I realise you’re not deliberately insulting D.Pressed and are just stating the facts as you see them, most of which I have no argument with.

    However to suggest that if he or I manage to get our investment back it must come from someone who’s lower down in the pecking order is not the whole story.

    There’s a HUGE pool of cash, some from people who know it’s a ponzi and are still paying in cash (yes, honestly), some who think it’s a legitimate business, are already members and are still ploughing in the dosh and some who are still joining BB regardless of all the warnings.

    If I don’t try and get MY money back, it’s ultimately going to the likes of Raj Dixit.

  • Finch

    For those of you asking for a legitimate way to make money online, here’s one option:

    http://finchsells.com/2013/01/07/make-money-on-kindle-345000-in-5-months/

    It may not be as ‘fashionable’ as doubling your money in X days with Banners Broker, but it’s as close to an exploding trend as you’re going to find.

  • http://capeverdefurniturepacks.com Stephen Riley

    how about yobetit the worlds first arbitrage bookmaker . This is a genuine business that launches soon and is going to be huge.. no scams just arbitrage bookmaking.. shares available in different packages… to be fair I had never heard of it … what do you think with this one Finch ? It has taken two years to develop… with the software etc ..
    http://www.aquipapartner.com/tr/50d5dae9a74b4

  • Alex

    hey finch, have you noticed that only about 3-5 ppl are talking here?
    Your blog became totall minority..
    For me its funny, how angry cowards trying to tell “how they’ve lost their money with BB” :)

    Anyway i will just keep collecting my profits from BB, i wont get into this chit chat.
    Just wanted to say how it looks like from the outside :)

  • Jesslyn

    Great and interesting post. Btw, is there anyone that can give some comments on another affiliate marketing program call EmpowerNetwork. Thanks

  • Seven Howard

    JUST FOUND THIS about Ana Luisa Onofre Alves Bento, Banners Broker (head of BB in India I’m led to believe)

    Go to this url :- The District and Subordinate Judiciary of North Goa

    Click on “case status” on the left of the page.

    “Court Complex” should be “Fast Track court Mapusa”

    In the “Petitioner or Respondent’s Name (Full or Part)” type the word “Bento”.

    Click “Get”

    You will then see a box with case numbers in (only one result in this search), highlight it, then click “Get” again.

    You will get the case information about the prosecution against Ana Bento, who I think is the head of BB in India.

  • Seven Howard

    This gets even better.

    Jaime Waters posted on talkingbb.com that Ana Bento was released by the police when BB supplied documentation that backed up their business.

    Looks like that’s a “Porky Pie”, Ana (apparently) applied to the courts for bail.

    Well done BB, more lies and another nail in your coffin.

    —————————————————————————–
    Section 438 in The Code Of Criminal Procedure, 1973
    438. Direction for grant of bail to person apprehending arrest.
    (1) When any person has reason to believe that he may be arrested on an accusation of having committed a non- bailable offence, he may apply to the High Court or the Court of Session for a direction under this section; and that Court may, if it thinks fit, direct that in the event of such arrest, he shall be released on bail.
    (2) When the High Court or the Court of Session makes a direction under sub- section (1), it may include such conditions in such directions in the light of the facts of the particular case, as it may think fit, including-
    (i) a condition that the person shall make himself available for interrogation by a police officer as and when required;
    (ii) a condition that the person shall not, directly or indirectly, make any inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the Court or to any police officer;
    (iii) a condition that the person shall not leave India without the previous permission of the Court;
    (iv) such other condition as may be imposed under sub- section (3) of section 437, as if the bail were granted under that section.
    (3) If such person is thereafter arrested without warrant by an officer in charge of a police station on such accusation, and is prepared either at the time of arrest or at any time while in the custody of such officer to give bail, be shall be released on bail; and if a Magistrate taking cogniz-
    ance of such offence decides that a warrant should issue in the first instance against that person, he shall issue a bailable warrant in conformity with the direction of the Court under sub- section (1).

  • Mila

    Hi,

    If it is a scam….WHY has non of you told the FBI??
    If you have proof…just do it….otherwise it´s leagal isn´t it??
    Just talk, talk, talk….does NOT prove anything!!!
    Be a MAN and go to FBI !!! And save us all!!

  • Milan

    Well you didn´t want to post my first post…:)
    So that means that you don´t have HARD EVIDENS to show FBI….Think you just want more customers to your own business.
    NOTE I´m not saying that BB isn´t a scam !!
    Post this one…or not…could not care less…

  • The Rock Lion

    @snipe

    If you do go ahead with BB… then please think of it as a gamble and be prepared that you may never see your money again. However, I accept that some people can get some money back and here is possibly 1 method that could assist you to re-coup your money :-
    (can I convince you to signup under me :P)

    This is what sold me .. however I have not been able to get any money out !!!

    1. A man buys a green package for $415 (£270). He doesn’t plan to tell other people.

    2. BB activates his panels with free traffic.

    3. Once all his panels cap and the replacement panels are activated for free again and are now set at 50% he waits for his two purples to complete which gives him enough money to buy his first Traffic Pack. (approx 43 days)

    4. From his 100,000 traffic hits he just bought he uses 40,000 of this to activate his two yellow panels and 2 purple panels again. ($80 worth of future income to liquidate.)

    5. Then his 2 Blue panels complete and pay him $180 plus two blue panels.

    6. He uses 45,000 of his traffic to activate that Blue ($90 of future income to liquidate) and then buys 3 more yellows ($30 of future income to liquidate) from his e-wallet and uses the final 15,000 traffic to activate his 3 yellows.

    7. His 2 green panels complete and pay him $540 plus 2 green panels.

    8. At this point he has 3 choices: He can withdraw his initial $415, buy his wife a Green Package or repurchase more Panels and increase his Traffic Pack subscription.

    9. If he withdraws his money he still has enough to pay for the next month’s Traffic Pack which he does. He can activate his second blue ($90 of future income to liquidate) at 45,000 traffic. His other smaller panels are now completing and this gives him even more money. He re-actives these smaller panels (future income to liquidate).

    10. He is being cautious about going up to higher traffic packs right away. So for another month he builds up more money in his e-wallet and then goes up to 4 TP a month.

    11. He has enough Traffic to activate his 2 greens and other smaller panels. These greens have been aging. This means they complete really quickly. He gets a further $540 in his e-wallet and decides to buy his wife a green package which he transfers to her.

    12. He now has Sales Credit Traffic from her which he uses along with other Traffic he has bought to activate his green panels and other smaller panels.

    13. He is now taking off and making more money and repurchasing more panels and building up a residual income. He starts to take out more money.

    14. He can also sponsor more friends and family into BB by buying them their Package.

    15. NOW WHAT DO YOU THINK HIS WIFE DOES WITH HER PACKAGE????

    16. She and all other people he sponsors into BB from money he earns, follow the same pattern of expansion as he does. They make money they can take out and spend and they don’t have to tell another soul!

  • D. Pressed

    I admit I did get carried away with my ‘contributions’ last night, but having allegations chucked at me by Nick takes some time. I think I explained and justified the stance of myself and Steven Howard well.

    I appreciate him backing me up on that, because he’s been encouraged on realscam to do exactly what he’s doing by many of the people who administer that website! They don’t see him as ‘complicit’ or unethical to balance self-interest against public interest. The point about where his money has gone precisely; is part of his defence.

    If either of us deposits a £50 note into Nat. West and that £50 note ends up being lent to someone who defaults on the loan, he (and I) can still lawfully and morally go to a cash point machine and extract two twenties and a tenner! And in the case of Northern Rock, Lloyds and others; people are effectively taking their cash out of a bucket being filled by taxpayers, even if they are not taxpayers themselves!

    Millions know that, but it doesn’t stop any of us from using banks on moral grounds alone. The moral stance is to WITHDRAW THE CASH YOU ARE OWED and move it to another bank!…not just leave it there for some fat cat wanker banker to cream off, or some toerag who submits a fraudulent loan application, gets paid and does a runner!

    Mr Howard and myself only fall foul of ethics and/or the law if we go into the bank and take money in excess of our due (either through a loan we know we can’t and won’t pay back or simple shotgun theft)…But all we’re trying to do is take out what is due to us via the STP ‘cashpoint’ that BB set up. Where the precise dollars come from is not the defining ethical or moral or legal principle.

    A while ago Finch accused me of being pedantic when making a point about internet marketing. It’s on here somewhere if anyone can be bothered to find it! No doubt the pedant accusation might still be made. Nontheless, sometimes the small details make the difference between right and wrong, or the lesser of two wrongs. Sometimes we have to make choices which affect others as well as ourselves. Goevernments say they have to make ‘difficult choices’. Well they’re not the only ones!

    Using the analogy someone mentioned earlier:

    That bucket of water I throw into the river becomes part of the river. If I turn up six months later and take a bucket of water from the river; I’ve done no one any direct harm. However, if I turn up six months later and find that a small group of greedy people have been draining the river dry and it is running at a trickle I have a choice…. Either take what I can from the dregs to refill my bucket, knowing that some of it is tainted by mud. Or go home with nothing knowing that those who ruined the river will continue to do so if I let them help themselves to whatever remains. Neither situation is satisfactory, but seeing as I threw clean water into a river, I’m bound to feel hard done by now its gone brown! And inclined to trudge home with a glum bucket of slop.

    Contrast that with someone who turns up at the old river as it is NOW….They look at it, realise it’s muddy dribble yet still choose to chuck their bucket of water in! Not only that, they expect to come back in next week, next month and in six months time and find themselves in a position to take twenty bucketfuls of fresh, clean water! Despite that they know there are some people at the top of the mountain; with the tools a equipment to extract a million gallons a day at source, and no conscience about doing so!

    Their water is tainted from the start regardless of the state of the river in six months time. Mine wasn’t. Yet if I have to make do with dredging up filth to get any sort of recompense (moral or fiscal) I’ll make do with that. And that’s why Steven Howard is dredging up filth in his way too.

    Interesting post about Amazon Finch. I know a few people who have sold their own work (mostly fiction) on there without much in the way of promotion. Just word of mouth locally to sell over 100 books. So the potential is undoubtedly immense. Perhaps that’s the way forward for me…..

    Whatever people might think about me or my views on the issues discussed on this blog, I’m an enthuisiastic, intelligent and coherent writer!

    And modest with it! ;)

    P.S. Unless any news turns up worth commenting on, I’ll back away for a while. Not out of ‘cowardice’ as someone suggested, but because this isn’t my blog and (nearly) every point I’ve made has been backed up by reason and logic, and at length, in order to add something of value to the debate. But we’re at a point when I’ve got nothing new to add.

    There is no point in replying again to repetetive statements/accusations/opinions which don’t need any further defence on my part, or Steven’s.

    Finally, let’s all hope that SOMETHING happens soon which puts a definitive end to all the opinion, speculation, greed and spite which BB has generated. I wonder how much my panels would be worth if they were completed by the number of words on this blog and the realscam site? Rather than by some silly colour scheme composed on a mobile phone!…allegedly. ;)

  • Seven Howard

    Sorry folks, didn’t realise this blog didn’t allow me to include html links, so here’s the post again.

    JUST FOUND THIS about Ana Luisa Onofre Alves Bento, Banners Broker (head of BB in India I’m led to believe)

    Go to this url :- http://northgoacourts.nic.in/

    Click on “case status” on the left of the page.

    “Court Complex” should be “Fast Track court Mapusa”

    In the “Petitioner or Respondent’s Name (Full or Part)” type the word “Bento”.

    Click “Get”

    You will then see a box with case numbers in (only one result in this search), highlight it, then click “Get” again.

    You will get the case information about the prosecution against Ana Bento, who I think is the head of BB in India.

  • brenie

    @ the Rock lion … i think you forgot to mention that you don’t only need traffic to activate your panel but allowence too so no sign ups = no allowance = no activation no matter how much traffic you have …. so then you need to roll up to a higher colour and so on …. there goes your theorie …. oh yeah indeed my upline told me not to mention the allowance to peeps i might try to sign up ;-) … rofl … OH dear Alex seems everything is still rolling for you ;-) i alway’s love your choice of words “cowards” rofl …. so if you actualy realy are loosing money with BB you are a coward if you tell peeps ??? to be honest i think you would be surprised how many peeps are not happy about BB OH yes indeed you need to shut up and don’t talk negative or you will be banned on the forums or your account will be blocked …. way to go ;-)

    kind regards

    brenie

  • snipe

    Ok s I’ve decided to take the plunge and give it a shot. im gonna go In at 500 plus my sponsor roll over me 140. im fortunate enough that 500 isn’t a big deal.to me but stoll don’t like pissing away money.

    Day 1 HUGE PAIN IN THE ASS TO SIGN UP. I was using allied wallet and I thought it would be a simple process to set up. but shit they want you to send youa picture of you id and a copy of your address get it notarized and now I got to wait to get it approved which is like 7 seven days…. I’ll keep you guys posted

  • The Rock Lion

    @Brenie

    I’m contributing to this thread to ensure people DO NOT sign up with BB.
    Yes … I am a fool for signing up with BB… Thankfully I only have lost in the $Hundreds, not in the $Thousands.

    I consider my BB experience to a bad gamble of a $few hundred dollars and It helps me to sleep at night :P

    DISCLAIMER :- The following paragraph is NOT designed to encourage you to signup with BB, however if you do …. you “MIGHT” be lucky to get your money back if you follow the above “EXPERIMENTAL” procedure. NOR should the following paragraph be seen as advocating BB in anyway, shape or form !!!

    yes … you do need traffic to activate your panels however, I would like to point out that the first 2 rounds of traffic are free complimentary traffic (unless they changed that policy)..
    anyway, the above post is for those who wish to experiment, and knowing they will gamble those dollars, not to be seen as encouragement to signup with BB. (don’t respond to this paragraph.. I’ll just take a deep breathe and sigh, then ask you to re-read point 2 in the above [bad] experiment)

  • Finch

    Seven Howard – Great find.

    BB caught lying… again.

    It’s also interesting to note that the UK event in Exeter has just been cancelled (credit to Della Cate on RS):

    Wednesday, Jan 9th 2013, Buckerell Lodge Hotel
    EX2 4SQ
    This meeting is cancelled and being re-positioned to a venue with a larger capacity, possibly to accommodate the presence of corporate personnel David Hooker and Lorenzo Guarini during their tour of the UK.
    All meetings are paid for by the Company so there is no charge for either members or guests.
    More as soon as the information comes in.

    Surprise, surprise…

  • http://eagleresearchassociates.org Lynndel “Lynn” Edgington

    Mila/Milan: What makes you think it has not been reported to the FBI or any other authority for that matter? This is not TV where every thing is done in 60 minutes. Some agencies can take up to 18 months to complete an investigaton. Many times by then they crooks are gone.

    I have no doubt that the UK, Ireland, Canadian authorities have been contacted. So far India is the only one who has acted. I think the reason why they acted so quickly is because of recent events there that the authorities got egg all over their faces for their inaction. So they are making sure it doesn’t happen again.

    One thing about Canadian law you need to be aware of is this: Each Province has its own securities commissioner. For the Provence to act on BB, there have to be victims from the Provence in which BB is headquartered for them to act. No victims filing a complaint, no action. It makes no difference what other countries do or don’t do.

  • Theseus

    @ D Pressed

    Much as I enjoy your erudite posts, they *are* a touch on the long side, any chance of snipping them down to just the salient points? :)

  • andreasheinz

    “One thing about Canadian law you need to be aware of is this: Each Province has its own securities commissioner. For the Provence to act on BB, there have to be victims from the Provence in which BB is headquartered for them to act. No victims filing a complaint, no action. It makes no difference what other countries do or don’t do.”

    yuup

    Same for the NSA etc

    As for Chris Smith the “genius”. Nope, its terrorism. Is oone of the Smith’s algorythms a beauty? Yes it is – and another one. You may check the HTML-source code of Banners Broker dot com. Is it a beazty? Yes it is.

  • Seven Howard

    @andreasheinz said :-

    yuup

    Same for the NSA etc

    As for Chris Smith the “genius”. Nope, its terrorism. Is oone of the Smith’s algorythms a beauty? Yes it is – and another one. You may check the HTML-source code of Banners Broker dot com. Is it a beazty? Yes it is.
    ——————————————————————————

    Are we absolutely certain this is a person posting and not some alpha stage computer code trying to claim the Turing prize, or a weird experiment by scientists who have shoved a monkey in front of a terminal and are trying to prove they can communicate with humans ?

    One thing for certain, there’s a lot more work to be done before this “persons” posts are legible.

  • http://capeverdefurniturepacks.com Stephen Riley

    The meeting is now in manchester on wed night ..
    This is now confirmed for 8 o clock…
    Think its time to wind your kneck in on brokers Finch and give investors chance to at least make something back from our stakes..
    I also asked you to check out yobetit.. was wondering if you have had a look at it .
    ste

  • Finch

    Stephen – Only had a quick look at Yobetit. Looks like an interesting concept, but from the examples shown, there were only two betting outcomes. Team X wins, or Team Y wins. What happens in the event of a draw? Am I missing something there? If neither team wins, you lose all of your money… which seems to be a big stake for a tiny profit.

    As for giving investors a chance to make something back from their stakes in BB, the only way that can happen is by giving them free license to recruit more victims in to the scheme. Do you see how that is counter-productive?

    There is always going to be investors trying to claw money back from Banners Broker. It’s like a game of Pass the Parcel. When the music stops, if you don’t have your money back, you lose. But somebody has to lose, and the longer it goes on, the more people it will inevitably be.

    I don’t wish ‘losing money’ on any of the affiliates who were manipulated and misdirected in to joining. But I do want to prevent as many new members from joining as possible, which means shouting from rooftops about the many lies and inaccuracies that filter out of BB HQ.

    People are going to lose money. It’s the nature of the pyramid.

    What makes me sick is the idea that BB is filtering through to countries like Cambodia, somewhere I visited 18 months ago, full of people that are living on the edge of what they can afford. If the program is allowed to grow and affect countries like Cambodia, the impact of the blowout is going to be sickening.

  • andreasheinz

    “Are we absolutely certain this is a person posting and not some alpha stage computer code trying to … communicate with humans ?”

    The Moon Is Harsh Mistress. You shall be refunded as its your e-wallet. Maybe your obscure UK-fuck, my friend, D_Pressed.

  • http://capeverdefurniturepacks.com Stephen Riley

    The Village Hotel
    Pamir Drive
    Ashton-Under-Lyne
    Tameside
    Manchester
    OL7 0PG

    Room: Inspiration Suite

    wed meeting..

  • http://capeverdefurniturepacks.com Stephen Riley

    I am deffo going to this just to hear what people say and what they are planning for the next 12 months etc ..
    Finch ,
    regarding Yobetit there are no losing bets .. yobet will be the other bookmaker in the bet and they offer the percentage ..The percentage they offer will be slightly under the full percentage giving them the slice off the top of the payout. The way they do the betting draws are not losing bets .. Apparently I Arbitrage is nothing new but finding good software to make it work has been the hard part up until now.. Anyway I purchased a black package because of the globals etc .. and the 600 shares .. You also get 15 invitations that you can sell when it launches in Feb.. You can only join after the launch date by invitation only … for at least 3 years .
    This has all been developed with leading online gaming people … and millions have been spent developing and investing ready for the launch. i know of people who will use large sums of money but not me .. Only small stakes for a while till i get the hang of it.

  • andreasheinz

    @seven howard

    “If I don’t try and get MY money back, it’s ultimately going to the likes of Raj Dixit.”

    One hand yoz try
    Other hand you dont

    Maybea 25% of the money went to the inner circle of the Smith, key-positions, and Didit-clans – sums up 50 people. Be it $ 50-75 millions. If they refund one third for the retarded fuck-ups that had been messed up in this fraud?Would impress the US-courts and even the Ivory Coast (French version of Banner Brokers)

  • Nick

    Stephen, why not go along and ask some legitimate questions about where are all these billion impressions showing up? Which major websites do they advertise on etc? There is NO proper reason that they will not or cannot answer these questions as they are fundamental in deciding whether they are a viable opportunity or not.

    If they refuse to answer them properly then everyone there will know that something stinks. The question is which major website can I see your impressions showing on. Simples.

  • andreasheinz

    @ Nick

    PLEASE
    BannerBrokers re-sells billions of ads without re-branding. FE Clichsor* -> BB -> web-sites. * Brand “Clicksor”

    http://philsmy.com/2012/12/bannersbroker-never-give-up-never-surrender/

  • http://capeverdefurniturepacks.com Stephen Riley

    andrea, so you are saying that BB does buy and sell adds ?
    Then doesnt that settle all this Ponzi once and for all ?
    Or am I completley thick and missing something else .. lol

  • andreasheinz

    Buys at “1.00″ / sells at “0.98″

    settle all this Ponzi once and for all ? D_pressed WANTS a 100% re-invest 6days/week for the rest of his life. Something like 30,000% / year. Laughable.

  • Nick

    It’s his attempt as sarcasm.

  • Nick

    Finch I think for clarity maybe you should remove Andreas’s posts as they are just confusing gobbledygook

  • andreasheinz

    Nick
    nick
    nicknicknick
    nicknicknick ?
    nicknick

    NICK?!
    nick?

    Lawyer ?
    Rajiv Digit’s lawyer ?

    Oups

  • Paul

    Finch
    If you are so cock sure this is a scam and that you are the persons saviour and you care so much about people losing their money to scammers, have you done anything about it like produced your findings to authorities and camped outside their offices until BB is shut down because lets all face it you are so sure its illegal. What have you done because while you have done nothing their has been 1000s signing upto BB. You see in my opinion is you havn’t done anything because you have no proof for real, it is just all words. you havn’t got anything conclusive.

  • http://capeverdefurniturepacks.com Stephen Riley

    you lot are all cranks !! show me the panels and show me the money ;-)

  • http://capeverdefurniturepacks.com Stephen Riley

    andrea is probably from Wigan as she has heinz in her name.. the Heinz factory is there .. too many baked beans make you fart out of your mouth !!

  • Seven Howard

    @Nick

    Finch I think for clarity maybe you should remove Andreas’s posts as they are just confusing gobbledygook

    ————————————————————–

    I agree, definitely lost his or her marbles. Or Chris Smith ?

  • Alex

    Guys there is great investment program ( running since 2007 )

    Its called uinvest.
    I really wanna hear about this oportunity, but as ive done my research its awsome :O

    what do you think?

  • andreasheinz

    @ Alex

    This ain’t the best meeting at the best time right now

  • http://www.rhodesisland-investments.com/ bluebrothers

    Dear Finch,
    What do you think about the slow launch of global one
    by Scotty Evans. Will it be a legit company with real products
    or is this also a mlm/hyip scam?

  • The Rock Lion

    Interesting :-

    Please see the advice from the company

    Thank you for submitting a support ticket.
    Please be advised that at this time we are not allowing affiliates to sign up accounts under a Company name.
    Thank you for your patience and we apologize for any inconvenience.

    Regards,
    BB Team

    BB would have less than a snow flakes chance in hell in identity theft of a company !!!

  • snipe

    day 2 nothing really. I called allied wallet today.to.see whats the deal.with the account getting set-up. There customer service was ok even tho the women that pick up hardly spoke.English I had to repeat everything.like five times it was very awkward lol. she said it would take 5 to seven days for my.account to be approved. My tought on this if I were going to sign people to banners I think this would be a huge turn off. other companies I’ve join it would almost be instantly that it would be approved. anyways I let you guys know what happens tommorw if anything does

  • Syzer

    I was told about BB by my father, who thinks its a “sure thing.” I did not want to say anything negative to him at the time as I had not looked into it myself until now but it just sounded to good to be true! I was concerned about him and the money, time and hopes for a financially secure future that he has placed in this scheme. he has just come out of a small business failure and grabbed a hold of this and appears to believe that it is some kind of blessing come true after a not so great recent past experience.

    I love my dad dearly but we have not always been able to get along, we do not argue but there just seems to a tension between us that has always been there so I was reluctant to tell him what I really thought about BB. after some thought I decided to voice my concerns via email. I told him that I thought BB was some kind of Ponzi scheme and a very cleaver one at that. I also told him that it appeared to be at the latter stages of its likely life span and it might be a good idea to take out his, and his wife’s, money and play it safe for a while. I have not herd back from him so i called my brother who was, ironically, staying with my dad at the time I called. he had been told about the scheme and when I tried to tell him of my concerns he tried to explain the scheme to me as if I did not know what the internet was… I let this go on for a while and then asked him to take a look at some of the blogs and investigative reports done on BB and then get back to me. he said that the people that ran these blog etc were just negative and only out there for their own benefit etc, but he said he would.

    He then went on to tell me that dad and I never got on because I always said what I felt or offered my own often unusual point of view and he or know one ever really appreciates that in a person. I know what he means, who wants to be challenged by another view point when they want and need to believe that something is true. I told him, despite the truth and sense of what he said that I felt it was the right thing for me to do. he then went on to tell me that even if I am right, (as if it’s about being right) he will not thank me for it in the end. I also now this is true.

    I am sorry for the length of this post and the personal nature of mush of it but I wanted to add another dimension to the discussion, that of the tension this kind of scheme places on families and personal relationships.

  • Della Cate

    This is a great blog and some really excellent work has been carried out into investigating BB. However, I think some of the postings (some of which come over as singularly demented, to be honest, and we all know which ones they are) have wandered off the point a bit.

    So, in an attmept to get back to basics….here’s what I think is the situation so far.

    There has been some sort of incident involving the BB operation in India. How serious and significant this is remains to be seen. What does seem to be known is that their office was raided and then closed, one of their number may have been arrested and possibly bailed; there is an investigation ongoing, but they may still be able to operate. Whether they survive this or not we don’t know at this point, but they have cancelled their planned tour of India, at least for now.

    The BB top brass seem to be engaging in an amount of damage limitation, in that when enxious BB members ask what is happening, they are reassured that “all is well”. Excuses are being made that the India incident was all down to a few naughty affiliates and a malicious ex-member of staff.

    As far as I can tell they are operating still in the UK and (presumably) elsewhere. How well they are operating is another matter, since there seems to have been some problems with “wonky algorithms” [I love that phrase! especially coming from a so-called "IT genius" - classic!]. It may be that people are still joining up, who knows? I would hope that exposure in the Irish press and sites like this might encourage people to ask a few more questions and think a bit harder before accepting what is presented as a dream come true way of making easy money.

    Folks – there is no such thing as a free lunch.

    There does seem to have been some slowing up in at least one area; the West Country. Or at least in part of it. My very first entry on this blog explained why I came here, and that was through friends in Somerset who were being asked to join BB as a sure fire way of making money online. Happily they did not do so.

    It seems that they were going great guns down there, but since I asked questions and this site came to the notice of my friends introducer and his upline, things seem to have slowed down. Two meetings, one of which was planned and advertised on a BB member’s site for a few months, have suddenly been cancelled. Well – postponned. Maybe they will re-appear, who knows? And the introducer has added a new page to his site entitled “For the sceptics” which tries to explain how BB is actually great and it’s all the fault of “negative scammers” (sic) who are casting poor BB in a bad light. I detect a certain note of desperation in his repeated assertions that BB has “integrity” and “longevity” and is a great way to build a business. Well, time will tell if this is right or wrong. I hear that his BB account has skyrocketed – so he says – but then again, he was in this thing in February last year and I understand he does have a reasonable downline. But he hasn’t had any actual money out as yet, apart from $50 last July. (But I also heard that his upline would not speak to him for a while because he was asking too many questions about Mr Dixit!)

    So, there we are. They are still going on, but I don’t think it’s quite as smooth amnd easy for BB as it once was.

  • Della Cate

    Sorry for the typos in my posting above….it has been a long day, 12 hours at work.

    Oh well, it’s my own fault. Maybe I should have joined BB after all, then I could give up work and live off my BB earnings!!

    Or not.

  • Della Cate

    I would add that my doubts about BB remain. Where are the ads? Where is the money coming from, apart from the members? Where (and who) are the advertisers? Etc etc etc- this site lists all the questions you need!

    The behaviour of some of the affiliates does not give me much confidence either. We’ve seen comments from some BB supporters here. No carefully crafted, sensible answers for the most part,no reasoned arguments, just a load of abuse. Going by the “attack is the best form of defence” line of reasoning I suppose.

    They call people who question Bb “losers” (or even “loosers”) and lambast them for not understanding the system. Damn right I don’t understand it, having seen a couple of their explanatory videos I am not ashamed to say that I don’t understand it.And I am NOT stupid. But I challenge anyone to do so, and to explain it in clear simple English that a non technical person could understand.

    But then perhaps that is the idea – the 3Bs.

    Bulls*t Baffles Brains.

  • D. Pressed

    @Theseus

    Much as I enjoy your erudite posts, they *are* a touch on the long side, any chance of snipping them down to just the salient points?

    Okay. Fair enough. I still haven’t set up my own blog yet though and keep finding salient things on here to reply to, such as your comment!!

    Dear world:

    IF YOU ARE IN BB, DO NOT PUT ANY MORE MONEY IN.
    DO NOT ENCOURAGE ANYONE TO JOIN BB.

    @andreasheinz

    I can assure you I am not your ‘friend’. You are a moron. I don’t befriend morons.

    @Della Cate

    The ‘basics’ differs depending on whether you’re a direct victim of BB or an indirect one, or neither. I am directly, you’re neither. You can sympathise, but you can’t empathise. Furthermore, you’ve made three posts which tell us nothing new (just a summary of known fact and unsubstantiated assumption/opinion) so you are merely creating more clutter to contend with alongside numerous verbose posts by others, including me!

    @Syzer. Your point IS relevant and basic because you’re an indirect victim and first time poster. I understand how unfair it is when you give family/friends sound advice based on due diligence and then get the blame when it turns out you’re right! There’s nothing wrong with you wanting to express your disappointment as a personal cathartic process. I can’t get in touch with my referrer either. Someone I’ve known 15 years. Never used to be a problem but he didn’t even reply to my friendly christmas and new year texts, never mind the BB warnings. I doubt our friendship will survive. It’s similar to your situation with your dad, though not as bad for me to lose a friend than you to lose a father’s friendship. That’s partly why I chose my forum name. The sadness is only in part about losing money. In fact it might end up being the least of it.

    @Snipe. I cannot see what possible purpose you hope to achieve by joining BB now. It’s fools like you who ‘do the research’ and still choose to chuck your money away, who deserve neither credit nor sympathy. You’re perpetuating the myth and supplying the funds which help BB feed greed. You do however make me feel that I have nothing to feel guilty about if BB do decide to refill my bucket using your piss! ;)

  • andreasheinz

    @snipe
    “My tought on this if I were going to sign people to banners I think this would be a huge turn off”

    Thanks. Is it Canadians cant join Smith’s charity called BannersBroker?

    “English and French are the first languages of 59.7 and 23.2 percent of the population respectively. Approximately 98 percent of Canadians speak English or French: 57.8 percent speak English only, 22.1 percent speak French only, and 17.4 percent speak both.”
    wikipedia

  • Theseus

    @ andreasheinz:

    Which language is your first? One assumes (hopes) it isn’t English….

  • Paul

    Just as I thought nothing from Finch or any other sceptic about reporting BB to authorities is this because its all just hot air, and who ever reports it is embarrassed about being laughed out the police station because they have no real hard evidence!!
    why dont you put your money where your mouths are and go get it shut down so you can all turn round give yourselves a big pat on the back and say WE TOLD YOU SO!!

  • Paul

    Here is your first step to report http://www.crimestoppers-uk.org/

  • Paul

    How to Report a Scam in the United Kingdom
    http://www.consumerfraudreporting.org/UK_reporting_scams.php

  • Paul

    and heres a good one FBI — Common Fraud Schemes
    http://www.fbi.gov/scams-safety/fraud – United States

  • Seven Howard

    Hi everyone.

    After reading the last couple of days posts I thought it prudent to bring people up to speed on what’s happening elsewhere.

    Still no updates on the Goa courts page regarding case number “ABA/2/2013″, Ana Bento, STILL head of BB India.

    Here’s the address of the court which dealt at least part of the case :-

    Civil and Criminal Courts, Mapusa.
    Civil and Criminal Courts
    Opposite to Trimurty Hotel, Altilho, Mapusa.
    Pin: 403 507
    Tel: + 91 – 832-2262583
    Email : cc-mapusa[dot]goa[ at] nic[dot]in

    You may have noticed some new people suddenly appearing and posting comments on this blog asking Finch about exciting new “schemes”, or making statements about them, I reckon this is an attempt by BB members to fill this blog with rubbish.

    They can’t win the argument regarding the viability of BB, name calling and mud slinging hasn’t worked, the next logical step is to try and make the blog look like something else by filling it up with questions/statements about OTHER programs, or just plain rubbish.

    ANYTHING to deflect the attention away from Banners Broker.

    Remember, most people who visit this blog, will read the first few pages (where things don’t look too bad), skip the next couple of hundred of pages and start reading the more up to date stuff. If the last 2 or 3 pages are full of crap about people asking questions about other programs or a loonie like andreasheinz, job done !!!.

    ALL of the BB forums (TBB/FB etc) are not mentioning ANYTHING about the Indian fiasco, threads have even been deleted. When you innocently mention to other members (I’ve spoken to 5 so far, I swapped details when I went to meetings, they’re not friends just acquaintances ) of BB about this, they all have been brainwashed into believing it’s just a misunderstanding and everything will be cleared up soon. Some are even putting in more money and I know of one person who was introduced at the beginning of THIS week who put in a few thousand dollars.

    Ireland has gone quiet, no feedback from anyone on this situation.

    I know that this blog and others are having a dramatic effect on BB’s recruiting, things have slowed down dramatically, they will not just be losing a couple of thousand dollars, probably hundreds of thousands, hopefully millions.

    Don’t you think given the current situation they would have either a) Hit Finch with their lawyers, or b) shown us where the Ads are?. Ask yourself WHY they haven’t?.

    Finally, It’s beginning to look like BB could have a fair bit of length left in it, largely it depends on what happens in India and Ireland, what the (UK) daily national newspapers do with it and the Police in the UK. SO if you’re a member, my advice is to get out what you can as soon as possible.

    BIG day on Friday, payments are supposed to be made (unless things have changed) , will be interesting to see what happens, I reckon they will do their absolute utmost to make sure everything is on time, they have to in order to instill confidence.

    If they don’t happen as promised, a revolution could be on the cards.

  • Seven Howard

    Whoops, I spoke too soon, IRELAND is not as quiet as I thought, from last Sundays (6th Jan) pages of “Sunday World” (thanks to Poyol on realscam.com).

    RAIDED:
    By ALAN SHERRY
    POLICE raided offices of alleged pyramid scheme Banners Broker in India this week amid growing concerns worldwide about the money-making scheme.
    The Sunday World previously revealed how some Irish investors said they believed it was a pyramid scheme. This has always been denied by Paul McCarthy, from Ballyvolane, Co. Cork, the independent contractor for the scheme in Ireland.
    Gardai in Cork have been contacted by members of the public in relation to the scheme.
    The firm’s reputation took a major blow this week when police raided their offices in India as part of an investigation into duping investors.
    They seized documentation and computers during the raid in Goa.
    DamageBanners Broker India Director Edney Herdia complained that between October 2011 and January this year Ana Luisa Onofre Alves Bento and others induced him and others to invest in Banners Broker by promising high returns. It is alleged the company failed to give the promised returns on the funds invested by some locals and a complaint was filed. Banners Broker have been attempting damage limitation since the raid, saying the incident is due to “affiliates and an ex-employee explaining the compensation plan of Banners Broker incorrectly, thus not only causing confusion but breaking the very strict Policies and Procedures of Banners Broker”.
    A Banners Broker spokesman added: “We feel that the case is based purely on ‘mischievousness’ caused by the recently fired ex-employee of Banners Broker India.”

  • Della Cate

    Some info from the BB Facebook page called “Facts and Updates”.

    Interesting to note that they are “transitioning accounts” from BB to Stellar Point – an excuse to slow down payments maybe? Be interesting to see if they DO pay out on 11th January as promised, and if so, to how many people.

    They just love the phrase “be patient” don’t they?

    Will we see photos from Paul McCarthy of the inside of the new HQ? No doubt he will be singing its praises somewhere.

    WHAT’S HAPPENING IN INDIA?
    As many of you may be aware, the Banners Broker office in India has been closed. This was due to a number of affiliates and a member of staff misrepresenting the company. There has been a spread of misleading information as well as cases of distorted information. This has led to the termination of the affiliates account. However these events have also led to the closure of the Indian office. This does NOT mean the closure of Banners Broker India, simply the office itself. The doors are re-opening soon to a brand new office in Bangalore, with an in-house meeting room and large affiliate training rooms. New staff and roving Ambassadors have been hired to assist with the growth of Banners Broker India. Banners Broker are strong, and despite this minor set- back, are looking forward to an exciting new year. Thanks for all your continuing support!
    ************************************************
    ADVERTISING COORDINATOR SERVICE
    For all those who have signed up for the ACS, Banners Broker are continuing to work on the transitioning of accounts to Stellar Point, Canada. Please be patient, all accounts signed to the ACS will be worked on. We ask you to bear with us during this transfer. It will be completed shortly.
    KEEP INFORMATION SECURE!
    The privacy and security of affiliates accounts is of upmost importance to us. To help make your accounts all the more secure, we recommend that affiliates change over to their own personal email addresses. This can be done efficiently and securely through the Personal Information Section. Not only will this add security but we can make sure you are all receiving up-to-date information about the company. We recommend gmail!
    ****************************************************
    A TRIP TO CANADA!
    Paul McCarthy will be flying out to Canada this weekend to meet up with the corporate team. He will be given the tour of the new Stellar Point offices as well as attending meetings. We look forward to hearing all the latest news and updates from him upon his return.
    PAYOUTS
    Next payday is January 11th. Solid Trust Pay, Payza and the Banners Broker Prepaid MasterCard will be paid out between todays date and the 11th, as well as the USA Direct deposit!

  • http://www.galaxy-blinds.co.uk ste riley

    Paul, you need to get a grip.. you are posting links to report scams and fraud and whatever else bullshit you have in your head about Banners Brokers. Have you invested any money and been ripped off ? I bet you havent.. Some of us have invested money have done so believing we are entering into a legit business and want to try and make some money over the next year or so.
    All this negative talk on here is all unproved and not fair until a business has been proved to be a fraud.
    I hope BB gets investigated and proves bellends like you wrong . If you didnt have the balls to invest then shut your mouth ..

  • brenie

    ste, you have missed paul’s first coment i gues he say’s its all hot air wat is written here and chalenge the peeps here to report BB … it has already be done he thinks loads of peeps only talk but not act well most of them do but others act ;-) but investigations like that take months …. ste you only hope to make money even if it is a ponzi … i invested in BB due to a good friend and after asking questions and getting no answers at all from upline, and running into a few issues witch made me find out that support is non excisting …. i feel it is a scam ….the logic arround banners broker is not right NO ONE has given any answer or proven anything about all the alligations made on here …. wouldn’t that be the simplest thing to do, so they can shut up all negative comment and BB would explode in recruitment ??? any legit business would do that except bannersbroker … only thing that happens is people like you ( affiliates ) that come here and defend BB no leader no raj no smith nothing … they all all quiet strange …. maybe they are too bussy thats possible but at least a high ranked spokesmen off BB would be able to give answers to all the questions … but hey they rather like to hide in the dark and leaving all this questions unanswered …. if you go again to a meeting look arround and be aware in what category they are recruiting, most of them are peeps arround pension age ;) that have no clue how BB works …. but are easily lured into joining and they don’t ask uncomfortable questions … and when they realize its not wat it was promissed to be … they are ashamed to tell peeps about it …. and they will never fill in a complaint ofc ….

    kind regards

    brenie

  • http://www.galaxy-blinds.co.uk ste riley

    Hi Brenie,
    I see what you are saying .. and if I have jumped on Paul without reading all the posts then I am sorry but I have invested heavily as advised from somebody who is not connected with me so they do not recieve free traffic etc ..
    If people buy a small package for less than 200 dollars they will never make big money and yes you have to buy the yellows in quantity and the Traffic evey month.. You also have to roll up panels to make the system work. If you just leave it and dont invest then programme doesnt work for you .. Regarding what Banners Brokers are investing into themselves.. and they do talk millions of dollars who are we to demand to see what they purchase and when .
    I have recruited nobody but my panels are moving along and the E wallet is filling up.. So i am not pressured into signing anybody up. If you sign people up and they spend then you recieve free traffic to help qualify the panels.. Its not big money rewards but it does speed things up a bit.
    I am going to the meeting in Manchester to see what is going on.. also to listen to see what people ar saying.. The last thing I need to hear about BB is that its a scam after investing a lot of dollars to start my programme.
    I am not a con man or a scammer or trying to recruit people..just a hard working UK business man that is trying to make some money over a long term basis.

  • andreasheinz

    “Theseus says:
    January 9, 2013 at 1:10 am

    @ andreasheinz:

    Which language is your first? One assumes (hopes) it isn’t English….”

    Pro nope – Con nothing else :(

    FE french:
    “French is the third[27][28] most-spoken language in the United States, after English and Spanish, and the second most-spoken in the states of Louisiana, Maine, Vermont and New Hampshire.” (wikipedia)

    [joke aside:
    at the legendary BBC-radio show “Peele Sessions” waaaay back in the 1990s
    - phone call: “Hi Mr Peele, i want to make music but aint that good in the ‘international’ pop/rock-language, in other words I cant speak the US language!”
    - John Peele: ~ “Dont mind, most of them cant speal the language either.”

    PS not one Canadian is not paid at the bitter end. The algorythm is allways very wanky at Canadians. Thats what I heardm but dont talh that fluent neither. Was it a PHP / MySQL – dialect ?

  • brenie

    i believe you are not a con man ste … we all got into it believing it was a legit business but after doing some real due dilligence after not getting any answers …. and my upline telling me to make money you need to sign up peeps or it will take for ever and when you talk to them especialy dont mention it … just say you can double your money without signing in …. i have put in a few thousend of $$$$ and my earnings are well in the 5 figures by now …. but its not what i can withdraw thats only in the 3 figures :O strange isn’t it and well i will not withdraw it …. i’m pretty weird but i don’t want to take other’s people money the ones that have joined BB can do what they want but i will be no part of that … i just want people to know and i talk open about it and my upline is pissed that i tell people the truth :-) strange isn’t it because if its all so legit why would they be pissed ??? when you go to the manchester meeting just tell us how you felt about it honestly and if they did answer any relevant question ….

    kind regards

    brenie

    PS andreaheinz what are you doing here ??? except posting crap what is your goal ?? to derail the blog into meaningles posts ? …

  • http://www.galaxy-blinds.co.uk ste riley

    John Peel discovered UB40… for that I will always be gratefull..
    The rest of the post Andrea… WTF are you chatting … ha ha :-)

  • http://www.galaxy-blinds.co.uk ste riley

    brenie,
    send me your number if you are UK based will chat to you about the panels…and what I know…
    galaxyblindsltd@aol.co.uk
    ste

  • andreasheinz

    oogle search – top 10
    … Wall Street Journal…

    Scams and Fraud – Royal Canadian Mounted Police
    http://www.rcmp-grc.gc.ca/scams-fraudes/index-eng.h...

  • andreasheinz

    “Pursuant to Canada’s October 2007 ratification of the United Nations Convention Against Corruption, the RCMP Commercial Crime Program implemented two anti-corruption investigative teams.

    To report an offence under the Corruption of Foreign Public Officials Act, please contact the RCMP Anti-Corruption Unit in Ottawa (613-993-6884) or in Calgary (403-699-2550)”

  • Finch

    >> Just as I thought nothing from Finch or any other sceptic about reporting BB to authorities is this because its all just hot air, and who ever reports it is embarrassed about being laughed out the police station because they have no real hard evidence!!
    why dont you put your money where your mouths are and go get it shut down so you can all turn round give yourselves a big pat on the back and say WE TOLD YOU SO!!

    Paul – I reported Banners Broker to the authorities in September, way before I posted my first article on them.

    The fact that you think reporting BB involves ‘popping down to the police station’ does not fill me with great confidence that you know how the authorities deal with these kind of investigations.

    It takes time to shut down a ponzi. But just like the Indian authorities have already shown, action will be taken eventually.

    Your point: “have you done anything about it like produced your findings to authorities and camped outside their offices until BB is shut down because lets all face it you are so sure its illegal.

    Yes, I have sent them information. And no, I haven’t camped outside their offices. I’ve got a business to run that involves more work than checking some panels.

  • http://www.galaxy-blinds.co.uk ste riley

    Finch you too can run a online pretend business ..
    just follow the link..
    http://www.throwingallmymoneyaway.com

    :-):-)

  • andreasheinz

    do it to ya all like in your earhole, cuz

    Run your mouth, with your chest out
    Go get you a wreck check, dealt with real quick
    All that fake tough guy shit, rough guy shit
    All that rah rah shit, go get your neck slit

    Call me breakin’ think you know my nigga Dino
    With the Ratpack nigga sippin on vino…

    That’s right punk, ??
    Better watch your back, who’s pilin up cochinos

    Sayin my name burst your mark like “Tapateo!”, punk
    You can’t deal with it, you can’t deal with it
    You can’t deal with it…

  • Finch

    andreasheinz – I don’t know what you’ve been smoking – or what you’re talking about – but please try and keep it at least remotely related to Banners Broker.

    Any further off-topic tangents about ratpacks and ‘wreck checks’ will have to be removed. I feel like I’ve had a stroke after reading them.

  • Seven Howard

    @Paul,
    Do you really not understand what is going on here and how long it takes the Police to gather evidence ?.

    Look at the Jimmy Saville case, complaints were made what 2 or 3 months ago, yet the police are still arresting people, they will continue to do this for a good while yet.

    Just because YOU or I don’t see anything happening, doesn’t mean that nothing is happening, for all we know arrests could be made tomorrow.

    This is also a multi national case, arrests could be made in a number of cases consecutively, this takes investigation and co-operation. Arrests could be made some time soon worldwide.

    I assure you that the authorities ARE looking into this as are some newspapers, it’s only a matter of time, one way or another, before this ends, the sooner the better as far as I’m concerned.

    Will I be pleased I’ve contributed in a small way to saving innocent people from losing money ?, you bet your ass I will.

  • brenie

    ste i understand how it works don’t worry ;-) thats why i say i doubt that peeps are earning the ammounts they are screeming on every forum unless you have loads off sign ups :)… virtual money YES actualy CASH NO ….. what sounds better ….. i have made 15.000 $$$ or i have actualy cashed 600 $$$ :)

    kind regards

    brenie

  • Finch

    Brenie – If Banners Broker had actually paid out $100 Million in a year, how much ‘virtual’ money must be circulating in the system? Several billion?

    It would be enough money to make BB one of the biggest ad networks in the world.

    A conspicuous title for a company with no reputable advertisers, and a model that brokers through a company with annual revenue of $17 Million.

    Pretty funny.

  • Della Cate

    Andreasheinz, your postings are just plain bizarre. Even those that seem (at first glance)to have some relevance to BB are completely weird. I feel like I’ve fallen down the rabbit hole into Wonderland when I read them.

    And kindly spare us the song lyrics/poems. This is for discussing Banners Broker, not an exercise in installation art.

  • http://www.galaxy-blinds.co.uk ste riley

    Brenie,
    one thing that I dont understand with what are saying is that for every panel that caps you recieve the same amount in the E wallet and you purchase a new panel.. say yellow 20 dollars.. 10 for the e wallet and 10 for a new panel.. Now considering you must have about 60 or so yellows on the go and panels renewing most weeks , you must have quite a large ammount to withdraw… I know I was advised to let it build up so you dont ever have to put anymore money in . At least though you are proving that you can actually withdraw the money .. :-)

  • brenie

    never said you cant withdraw money from BB …. thats the whole point all that people can tell us is “i am getting money out of BB” …. YES we know ….. just the money is not comming out of advertising thats all … yes Finch i know they pay out 100M USD so they must have made billions :D …. and the funny thing is you cant find anything about BB in any news paper i bet they would have made the wall street journal if they where for real … but no only thing you can find is their recruit websites … like you said ads ??? nope … advertisers ?? nope …. all a bit odd … and ste without signing anyone in dont think you get to 60 yellow ;-) remember allowance ….

    funny thing is i don’t blame my friend about getting me in to BB … my own stupid fault but he is pissed that i give bad comments about BB rofl i am hurting his businnes he say’s and people dont need to know all the details rofl …. hahaha he is of my friends list now ;)

    kind regards

    brenie

  • Alex

    good news BB affilates :)
    BB has just fixed error with cards activated after 20 december ( system was saying that you dont have any BB card while it was activated )

    You can now request for withdrawals, like i did :) This month i expect about 1000$ i will post screenshot of course.

    Have a wonderfull day!

  • brenie

    your the man alex ;-)

    kind regards

    brenie

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