1. Use your Adobe Illustrator and draw the below examples. I guess you have no problem drawing the following, right? In order to make all your points overlap accurately, you can use the Grid Tools (View -> Snap To Grid).

2. Select one of the rectangle and use Warp (Effect -> Warp -> Flag) just like the below.

3. Repeat the above step for the rests of the objects until you are satisfied.
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4. Group the whole banner and use the Warp tool again. This time use Warp -> Arc, and you will get a perfected scrolling banner like the below.

I am also selling this banner scroll at IStockPhoto.
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