Welcome Guest ( Log In | Register )

> What is this section?


This section houses closed, inactive, and offline programs.

Closed programs are programs whose administrators have officially announced the end to their programs.

Inactive programs are programs whose thread on MMG has not had a single post for a period of 4+ weeks.

Offline programs are programs whose websites have been down for a minimum of 7 days.

905 Pages V  « < 903 904 905  
Reply to this topicStart new topic
Banners Broker - bannersbroker.com, Banner Ads
AndrejL
post Dec 15 2014, 01:07 AM
Post #13561


MMG Member
**********

Group: Member
Posts: 40
Joined: 10-February 13
Member No.: 503,043



Why this site is closed http://dm.epiq11.com/BBB/Project ? What is the progress with all this case? What is your predictions till this New Year? I guess it's still far away till affiliates will start to get back money (if even)?
Go to the top of the page
 
+Quote Post
Paid Advertisement
 
Go to the top of the page
 
vella85
post Jan 4 2015, 10:34 PM
Post #13562


MMG Addict
**********

Group: Member
Posts: 7,342
Joined: 19-May 12
From: Australia
Member No.: 431,283



QUOTE (AndrejL @ Dec 15 2014, 07:07 PM) *
Why this site is closed http://dm.epiq11.com/BBB/Project ? What is the progress with all this case? What is your predictions till this New Year? I guess it's still far away till affiliates will start to get back money (if even)?


I was thinking the same thing as I was checking the Zeek thread and it looks like there is progress there so I wonder if anything will happen to BB and if so the big players better look out.


--------------------
My Portfolio My Top Programs Along With Payment Proofs

Best Paying Bitcoin and Altcoin Faucets!

FreeBitcoin Earn free Bitcoins plus I share 50% of my ref commissions every week.
Go to the top of the page
 
+Quote Post
markjacks
post Feb 20 2015, 01:02 PM
Post #13563


MMG Member
**********

Group: Member
Posts: 106
Joined: 9-November 14
Member No.: 560,524



Is it already confirmed that they're not paying anymore?
Go to the top of the page
 
+Quote Post
Lynndel
post Dec 9 2015, 12:29 PM
Post #13564


MMG Member
**********

Group: Member
Posts: 4,124
Joined: 28-July 08
From: United States
Member No.: 146,876



If anyone is still wondering what happened with BB, here's the latest:

Toronto police announced the arrests of two men in connection with a US$ 93 million pyramid scheme.

Det. Sgt Ian Nichol, of the Financial Crimes Unit’s mass marketing section, said the scheme was operated under the name Banners Broker between Oct. 2010 and Mar. 2013. It was run out of an address on Church St.

Banner Brokers promised users the chance to double their money by investing in an advertising company that was linked to a “globally renowned network.” Users were allegedly misled into believing that these investments would go towards a program that offered payments for directing web traffic using referral links.

“It was smoke and mirrors, there was nothing real being posted up there,” said Det. Sgt. Nichol. “We’re not talking about people who tried and failed. We’re alleging that this was a pyramid scheme from the get-go.”

He called the program an “obvious” scheme that implicated thousands of victims around the globe.

By the end of 2012, the scheme brought in over US$ 93 million, about $45 million of which was paid out to participants. The rest of the money was put in offshore accounts located in Belize, St. Lucia and Cyprus among others.

Det. Sgt. Nichol said there are many victims in the GTA, but could not comment further.

Christopher George Smith, 45, of Toronto, and Rajiv Dixit, 45, of Vancouver, were taken into police custody. Their charges under the Criminal Code include defrauding the public of over $5,000, possessions of proceeds of a crime, and laundering proceeds of a crime.
They are also being charged under the Competition Act with operating a pyramid scheme and making false or misleading representations. Both men are scheduled to make a court appearance at Old City Hall sometime today.



Funny how the authorities used the same exact words I used to describe this Ponzi: All smoke and mirrors, obvious scheme, nothing real, etc., etc.. So much for I didn't know what I was talking about, or any of us other "naysayers" that this was a Ponzi and all a lie.

Here's the link to the newspaper story: http://www.thestar.com/news/gta/2015/12/09...mid-scheme.html



--------------------
President/Founder Eagle Research Associates; www.eagleresearchassociates.org, www.Swindles.org; Author: Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It (available in soft cover and eBook at Amazon.com)
Lifetime Member of the National Association of Distinguished Professionals
Go to the top of the page
 
+Quote Post
DeSelby
post Dec 21 2015, 11:41 AM
Post #13565


MMG Member
**********

Group: Member
Posts: 67
Joined: 20-June 13
Member No.: 516,985



QUOTE (Lynndel @ Dec 9 2015, 09:29 PM) *
If anyone is still wondering what happened with BB, here's the latest:

Toronto police announced the arrests of two men in connection with a US$ 93 million pyramid scheme.

Det. Sgt Ian Nichol, of the Financial Crimes Unit’s mass marketing section, said the scheme was operated under the name Banners Broker between Oct. 2010 and Mar. 2013. It was run out of an address on Church St.

Banner Brokers promised users the chance to double their money by investing in an advertising company that was linked to a “globally renowned network.” Users were allegedly misled into believing that these investments would go towards a program that offered payments for directing web traffic using referral links.

“It was smoke and mirrors, there was nothing real being posted up there,” said Det. Sgt. Nichol. “We’re not talking about people who tried and failed. We’re alleging that this was a pyramid scheme from the get-go.”

He called the program an “obvious” scheme that implicated thousands of victims around the globe.

By the end of 2012, the scheme brought in over US$ 93 million, about $45 million of which was paid out to participants. The rest of the money was put in offshore accounts located in Belize, St. Lucia and Cyprus among others.

Det. Sgt. Nichol said there are many victims in the GTA, but could not comment further.

Christopher George Smith, 45, of Toronto, and Rajiv Dixit, 45, of Vancouver, were taken into police custody. Their charges under the Criminal Code include defrauding the public of over $5,000, possessions of proceeds of a crime, and laundering proceeds of a crime.
They are also being charged under the Competition Act with operating a pyramid scheme and making false or misleading representations. Both men are scheduled to make a court appearance at Old City Hall sometime today.



Funny how the authorities used the same exact words I used to describe this Ponzi: All smoke and mirrors, obvious scheme, nothing real, etc., etc.. So much for I didn't know what I was talking about, or any of us other "naysayers" that this was a Ponzi and all a lie.

Here's the link to the newspaper story: http://www.thestar.com/news/gta/2015/12/09...mid-scheme.html



Yes you keep being "wrong" about these businesses that are going to change the world and make millionaires out of people for a little clicking. Meanwhile the internet marketing experts and geniuses keep piling money into scam after scam. It's a funny old world! Happy Christmas and keep being "wrong".
Go to the top of the page
 
+Quote Post
Paid Advertisement
 
Go to the top of the page
 

905 Pages V  « < 903 904 905
Reply to this topicStart new topic
4 User(s) are reading this topic (4 Guests and 0 Anonymous Users)
0 Members:

 

Skin designed by IPB Forum Skins

FEATURED AD - NEW STATIC AD



Advertise on MMG Today!


Advertisement