Investment firm assures clients after setback
The company, which claims to have up to 15,000 investors in Ireland, received a blow last week when Mastercard withdrew its prepaid card service because of bad publicity Banners Broker had received.
Further problems emerged yesterday when the Banners Broker website went offline before returning to service.
Investors in the company, which has denied it is a pyramid scheme, complained on Twitter and Facebook about the issue.
The company’s Irish support service, Maconne Online Marketing, said it had received a number of calls from investors when the site went down but the problem was resolved.
Irish investors have thousand of euros of capital and retained profits on account with Banners Broker.
Earlier this month, they were told that any residual amounts that are held through the Mastercard prepaid service need to be cleared out by today.
The company’s website, bannersbroker.com, blamed yesterday’s problem on a hosting issue.
Online internet protocol records suggest that the company changed its hosting provider yesterday afternoon. Earlier yesterday, its site was hosted by Linode: By the evening, it was hosted by Hosting Solutions International.
Banners Broker offers investors an opportunity to rent online advertising space on websites and sublet this to other companies.
It has guaranteed that anybody who puts money into the company will receive a dividend and denied it is a recruitment model is based on pyramid selling.
Representatives have continued to tour the world to attract new affiliates and, last weekend, senior managers were in Cyprus to promote the business there.
