comodius bank

The big name banks and their names are largely free from taint when it comes to ensuring that the funds individuals place in their system are safe and secure. However, when it comes to unrecognized pop-up banks, practices fall under greater scrutiny and may be more questionable as well. One such banking system that has come under fire lately is Comodius Bank, which was established in 1994 and has recently gotten into the cryptocurrency MLM niche.

Those who perform a check on the bank’s domain will find that it was registered under the name of comodius.biz and further, that it was only registered days ago.

About Comodius Bank

Although there is a list of executives on the bank’s website, many of the photos appear modified, suggesting that the “executives” listed are really not so. Further research into the executives’ twitter profiles further bolsters such a position – many of the accounts were created in May of 2018. More interestingly, none of the executives have posted content on their Twitter pages. Most of the information concerning the executives involves unreliable social media profiles, very generic names, and highly-photoshopped photos. Based on this information, it is easy to see why the banking system would come under scrutiny.

Another point to look at is the bank’s products. At this point, the bank does not have any products or services and affiliates are only able to market affiliate membership itself. Those who participate in this system will be able to potentially benefit from the compensation plan, which is as follows:

  • Gold: invest $25 to $1000 and receive a 119.5% ROI in 15 days
  • Platinum: invest $500 to $5000 and receive a 156% ROI in 28 days
  • Infinite: invest $2500 to $50,000 and receive a 212.5% ROI in 45 days
  • Onix: invest $50 to $50,000 and receive a 5.8% daily ROI for 30 business days (274%)

Another mode of earning funds is through Referral Commissions, where the bank will pay a referral commission for those who invest funds. Of course, those who refer individuals who invest the most funds will earn the highest commission. Here is the structure for referral commission:

  • Investor – earned when one convinces others to invest $25 to $9999 and they’ll receive 5% on level 1, 2% on level 2 and 1% on level 3
  • Representative – earned when one convinces others to invest $10,000 to $49,999 – 7% on level 1, 2% on level 2 and 1% on level 3
  • Director – earned when one convinces others to invest $50,000 to $149,999 – 10% on level 1, 3% on level 2, and 2% on level 3
  • Top-Manager – earned when one convinces others to invest $150,000 or more – 15% on level 1, 6% on level 2, and 2% on level 3

Membership for affiliation is free as well, making the affiliate membership quite an attractive option. Overall, Comodius bank’s banking practices certainly do seem questionable. Even more so because the bank is not registered with the SEC, there is no indication of any other source of revenue other than investment, and such an affiliate structure is highly suggestive of a scheme.

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