Is Banner Brokers A Scam ?
Lately many rumors had surfaced around Banners Broker and I had felt the need
to do some investigation and write a full Scam Review on this program.
Usually I would test it myself before writing a review, but I had
decided not to sign up with Banners Broker
for my own ethical reasons and If they are indeed a scam as suspected,
then I would just feel horrible to put individuals in my down line and
risk not only myself but also other people’s money and efforts.
The Basics – What are Banners Broker?
Banners
Broker International is an online advertising platform similar to the
online brokering of traffic and ad space that merge publishers with
advertisers for the benefit of both. Website owners can earn money by
placing relevant banners on their websites or blogs. Banners Broker has
an integrated solution that benefits both the publisher and advertiser
and it is called the Combo Package. With Banners Broker, you will be
able to join as a publisher, an Advertiser or an Ad-Pub Combo.
How does Banners Broker work?
As a Publisher – Website owners are able to sign up for a free account and register their websites or blogs, while submitting the necessary details like traffic statistics, website topic, industry and so forth. You will then be able to put banners on your site that is relevant to your blog or site and fits with your content or layout. You will earn revenues for impressions that is generated through your website traffic and keep track of earnings with the online reporting system.
As an advertiser – You will register your business and specify where you want your banners to be displayed in the terms of geographic location, industry or impressions. Ads will be placed on websites that match the advertiser’s criteria, and you will be able to monitor and evaluate the results of ads through a comprehensive online tracking system. When you are registered as an advertiser you will receive a 1000-banner campaign for free in order to test the platform and see how well it works for you.
Combo Package – If you are both an advertiser and website owner looking for more traffic the Ad-Pub Combo package can be purchased, even if you do not have a website. While you pay for advertising you can earn revenue to offset costs.
Now for the big question – Are Banners Broker a Ponzi Scam?
For those a bit unclear to what a Ponzi scam is allow me to give a quick recap – A Ponzi scheme is an investment designed to convince individuals or businesses to place money into a fraudulent investment and once the promoter feels that enough money has been collected they will take the money and disappear.
Banners broker is setting off way to many red flags to be a legit company and in my opinion I honesty see a well planned Ponzi on the verge of collapsing not too far from now.
Allow me to speak my mind and argue my statement on this subject.
First Red flag: Payment options In order to get paid by Banners Broker you have to use a site called Solid Trust Pay or Payza formally known as AlertPay as well, and this is a warning sign by itself for many fraudulent companies just love to use this type of paid method because the security is minimal. You will get a pre-paid credit card and that will be used to transfer your funds, which to me is a bunch of BS by itself for it is poorly regulated and sometimes even anonymous.
Banners broker does not allow you to use your credit card and required that money will be placed in a temporally place called a eWallet.
When you want to buy panels, packages or need to pay your membership
fee you will use the eWallet account and when panels pay out guess where
the money go – yip the eWallet. From there you will need to transfer
your money onto your Solid trust pay card. 
Well just, shoot me if I am wrong but I just don’t see the positive side with this system and according to me a legit company will not be afraid to use the popular and trusted systems like PayPal, cheque or direct bank transfer. Do not feel me wrong for these transfer portals have been used before without any incidents, but tons of people had some worrying experiences as well – just enough for me not to take the risk no matter how sweet the money looks.
Red Flag 2: Buying expensive advertising
When you enroll on Banners Broker you will obviously need to cough up some cash to buy banner space to get started and they offer various packages from starter to Ultimate. The cost of packages will range anywhere from $25 up to a hefty $3,655 which are presented in such a nice way to encourage members to be greedy and buy even more for they believe that they had indeed fallen into a gold pot without asking where all the money is coming from.
Red Flag 3: Media goes bananas!
The Banners Broker program had indeed spread across the internet like wildfire in 2012 and huge payouts that go along with promises kept had attracted huge amounts of individuals, but this had been dying off rapidly within the last few months. Banners Broker had indeed implemented “damage limitation” to slow down the speed at which their members can withdraw cash from the system.
Numerous individuals started to experience problems getting their money after the press had digged up information, and along with the panic, a huge amount of investors had started to withdraw their money from Banners Broker just raising suspicion.
I had even come across Facebook Pages that is only focusing on the Banners Broker Ponzi scheme and I was quite amazed to see all the likes that go along with the scary comments left by various members as well as the public.
Red Flag 4: Where are the ads - No Seriously where are they?
My first question would be where the ads are appearing online and no matter how hard I had looked, I could not find them on any popular or busy websites or blogs. I had managed to dig up two sites after a very hard struggle and found that the reputation of the sites itself was not that great and the traffic even worse. Well all I can come up with would be the fact that the ads are just the cover to attract marketers and sellers to gain traffic and more exposure.
When will this gold pot tip over?
In my opinion - Very soon.
The question on everyone’s mind I guess would be when all will be over if it is indeed a Ponzi scheme and when it will collapse. In my honest opinion, I doubt if they will be able to keep it up for yet another year, if not sooner for they won’t be able to handle the vast payouts that’s recently being demanded by their members. The credibility of the company is falling very fast in the online industry and affiliates are dropping even faster, meaning that referral rates will come down instantly and cause a decline in money being invested.
Now even with all the red flags and angry members that struggle to get paid, I have no right to climb on my blog and scream “Pozi Scheme” but I do have my doubts for the warning signs had become too obvious to ignore. I had done a quite a bit of research into this subject and some will have a defensive attitude towards promoting the program, while others have an anger management problem towards it for they could not retrieve their money.
We have to remember that Ponzi schemes are designed to work efficiently for most of their online existence in order to keep trust and have more members adding on – after all, who would question a program with regular payouts. This will not only encourage people to invest and reinvest more money but also get more people to join and sign up. Usually the older members of this program have no problem in making money and therefore their actions will attract more signups until the creator(s) had felt that they made enough and break away with all the remaining funds in order to go live happily ever after.
If you are still earning from Banner Broker I do feel some great relieve for you, just make sure that payouts are still a possibility by doing a test payout for a small amount.
Obviously, I will attract some really angry and defensive readers by writing this Banners Broker Scam Review, but I do not care, for I know how hard it is to work hard for your money and then end up losing it all to someone who don’t really give a damn.
There are quite extensive lists of legit programs that generate online incomes and Banners Broker is no last resort for earning money, I would rather build up my own business instead of taking a risk in losing all.
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