Banners Broker Latest Update

There is currently no news updates regarding the status of Banners Broker or the pending arrests of Chris Smith and Raj Dixit but investigations by the Liquidators are 'progressing nicely'.
The Banners Broker website is now closed and the 'TalkingBB Forum' has also closed. 

The Liquidators are still open to claimants:
http://dm.epiq11.com/BBB/Project

This is the Receivers website:
http://www.spergelcorporate.ca/active-files-list/banners-broker-international-limited/

News updates will be posted here as soon as they are known.

UFUN - Unlikely Twist

The police have seized a car and a home belonging to a suspect in the UFUN scam. But she seems to have turned the tables.
She has the cheek to ask affiliates to file complaints to police for freezing UFUN assets and taking their money.
You have to give her credit for initiative! 


http://www.nationmultimedia.com/national/Police-seize-luxury-home-and-car-from-UFUN-woman-30258822.html

The Law Catches Up Eventually.

The FBI have just released this information about  a long running PONZI scheme. The owner- Deepal Wannakuwatte is now in jail. All Ponzi schemes collapse eventually. It might take a year, or two, or in this case TEN but they all end up the same way. Closed.


http://www.fbi.gov/news/stories/2015/april/justice-in-decade-long-ponzi-scheme/justice-in-decade-long-ponzi-scheme?

Latest UFUN information

It seems that a large amount of money from the UFUN pyramid scheme was used to buy up property, which thankfully has been quick to recover. 
Banners Broker used a similar ploy to launder money by buying up a $4 million dollar house in Canada which has been seized by the Canadian Receivers. How long does it take to buy property in the USA? It can be done in five weeks. How long are Tony and Lynne Booth from 'My Advertising Pays' in the States for? Five weeks...

Interesting to note how quickly the Thai authorities are to act. Take note 'BJ' from the Digadz scam!  

http://www.bangkokpost.com/news/crime/540427/marina-to-refund-to-police-b112m-ufun-investment

Talking BB Forum to Close

The  Banners Broker 'TalkingBB' Forum is finally closing!
But just in case you were missing Iain and Jamies pleasant postings, you can re-visit them here:
http://taratalkstoday.blogspot.co.uk/p/the-talkingbb-forum.…

Were just waiting now for the Facebook and Twitter pages to close. But since they haven't been used for months, we shouldn't have to wait to much longer! 

UFUN - Closed down

'UFUN' has been closed down today and its four owners arrested. It was on my 'A-Z scam' list and can now have a big CLOSED DOWN sign next to it!. It's really good news that the authorities seem to be stepping up their efforts to close these ponzis down. Lets hope that 'Digadz' and 'My Advertising Pays' are next on their list.

P.s Since writing this, I have been notifying various UFUN Facebook pages to advise on Chargeback procedures but the admins aren't impressed! Apparently all the news agencies are lying!

http://www.bangkokpost.com/lite/news/525339/pyramid-scam-suspects-fleeced-their-victims-for-b10bn-cops-say
http://www.bangkokpost.com/news/general/525551/four-arrested-in-massive-pyramid-scheme
http://news.thaivisa.com/thaivisa-news/police-raid-and-shut-down-a-pyramid-scheme/48953/
http://englishnews.thaipbs.or.th/ufun-store-executives-arrested-in-fraud-scam
http://behindmlm.com/companies/ufun-club-raids-arrests-in-thailand-utoken/

SEC Targeting Pyramid Schemes

The US Securities and Exchange Commission (SEC) are stepping up their efforts to shut down Pyramid/Ponzi schemes masquerading as MLM schemes. This notice is taken from Kevin Thompsons (MLM Attorney) website:

  http://thompsonburton.com/mlmattorney/2015/03/30/sec-holds-gatekeepers-accountable-for-fraud-in-network-marketing/

Banners Broker Website is gone!

Delighted to report this morning that the Banners Broker website is down! 

Banners Broker Liquidation Update

The investigation into Banners Broker is still ongoing and we are still awaiting an outcome. We know that the Royal Canadian Mounted Police are investigating them and that the receivers are working hard to recover as much money as they possibly can for
re-distribution to creditors.

Receivers Website:
 http://www.spergelcorporate.ca/active-files-list/banners-broker-international-limited/

If you were an affiliate of Banners Broker and would like to claim back your lost money from the liquidators please contact them as as soon as possible to put your claim in:  

Paul Appleton @ David Rubin and Partners. 
Email paul.cooper@drpartners.com.
020 7400 7900

Liquidators Website:

http://dm.epiq11.com/BBB/Project

Full details are available on my Banners Broker Liquidation page.