Today I was researching German Shepherds because I really want to get one and Google served me with an ad that was promoting a ponzi scheme called Banners Broker lol.
Here is the screenshot of the ad on the Youtube page I was on:
When I clicked on it it took me to a page that basically said it was the best thing since sliced bread. The url of the page was: thepowerofbb.com (I won’t hyperlink it here)
Part of their copy said the following:
“With Banners Broker, EVERYONE is making money…It’s literally impossible not to make money.” – haha
So now that they got my attention I searched for “Banners Broker Ponzi” on Google and saw more ads from these people pushing it through Adwords.
Google stop being so greedy and don’t run those type of ads! It has “Ponzi” written all over it. People that join them don’t even realize how much damage they do to those who join at the end before it all crashes.
I wrote a post years ago about one of those scams that was called ASD Cash Generator. It was pretty much the same shit with a different logo on it. Some folks lost their entire savings…go read about it here. Notice how all the cheerleaders came there to defend it and when it all went down none of them came back to admit they were wrong.
I am actually very surprised that the Feds allow this type of stuff get so big before they take action. Are they greedy too? They wait till there are millions in the bank accounts of these scammers and then move in to seize it 🙂
They could get rid off this crap within months if they wanted to. Just create a dedicated team to monitor all the HYIP forums and serve lawsuits as soon as they pop up. That’s it … problem solved!
I understand that the economy is in a bad shape and all so people get desperate and join these programs but for Christ’s sake it’s not a real business and more people will lose money at the end.
There are a few other ponzis that are also getting huge. JustBeenPaid or Zeekrewards (update: Zeek just got shut down by the SEC) just to name a couple.
Check out their Alexa rankings:
Why is this even allowed to happen? I find it funny how all these ponzi programs make it difficult to understand how it works. Maybe that’s why the authorities don’t know WTF to do about it?
It’s really not that complicated. The Feds don’t need to know the details. If you put $10 or whatever in it and after 10 months make hundreds or thousands of dollars then something is fishy right? Where is the money coming from?
All of them are ponzis and sooner or later will get shut down but some people will lose a ton of money again like it has happened before and before and before….