Banker Quotes Review: Daily ROI commodities fraud Ponzi

Banker Quotes fails to provide ownership or executive information on its website.

Banker Quotes’ website domain (“bnkquotes.com”), was  privately registered on January 18th, 2023.

In an attempt to appear legitimate, Banker Quotes provides incorporation details for BQ Technologies LTD on its website.

BQ Technologies LTD is purportedly registered in the Marshall Islands.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Even more so when said shell companies are incorporated in dodgy offshore tax-havens.

As opposed to the Marshall Islands, if we take a look at Banker Quotes’ official FaceBook page we can see it is being run from Colombia.

This strongly suggests whoever is running Banker Quotes is based out of and/or has ties to Colombia.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Banker Quotes’ Products

Banker Quotes has no retailable products or services. Affiliates are only able to market Banker Quotes affiliate membership itself.

Banker Quotes’ Compensation Plan

Banker Quotes affiliates pay a fee, which allows them to invest cryptocurrency on the promise of a 0.1% to 1% daily ROI.

The more a Banker Quotes affiliate wants to invest, the more they have to pay in fees:

Consultant ($50) – provides access to $200 in referral commissions and residual commissions only, no investment

Standard ($150) – able to invest $250 to $999

Golden ($500) – able to invest $1000 to $2999

Titanium ($1000) – able to invest $3000 to $9999

Platinum ($2000) – able to invest $10,000 to $49,999

Banker License ($5000) – able to invest $50,000 to $99,999

The MLM side of Banker Quotes pays on recruitment of affiliate investors.

Banker Quotes Affiliate Ranks

There are six affiliate ranks within Banker Quotes’ compensation plan.

Along with their respective qualification criteria, they are as follows:

Consultant – sign up for any of Banker Quotes affiliate memberships

Qualified Consultant – recruit two Consultants, placed one on each side of the binary team

Sapphire – recruit two Qualified Consultants or higher (one on each side of the binary team), and generate $75,000 in downline fee volume

Ruby – recruit two Sapphires or higher (one on each side of the binary team), and generate $200,000 downline fee volume (max $100,000 from any one recruitment leg)

Emerald – recruit two Rubys or higher (one on each side of the binary team), and generate $1,000,000 in downline fee volume (max $350,000 from any one recruitment leg)

Diamond – recruit three Emeralds (two on one side of the binary team, one on the other), and generate $2,500,000 in downline fee volume (max $850,000 from any one recruitment leg)

Note that downline fee volume is counted at 50% of actual fees paid.

Referral Commissions

Banker Quotes affiliates earn a 15% referral

🤖 Quick Answer

What ownership information does Banker Quotes disclose publicly?

When was the Banker Quotes domain registered?
The domain bnkquotes.com was privately registered on January 18th, 2023, with registration details kept confidential through private registration services.

What incorporation details does Banker Quotes claim?
Banker Quotes provides incorporation documentation for BQ Technologies LTD, claiming registration in the Marshall Islands as evidence of legitimacy.

Why are offshore incorporation certificates considered unreliable?
Shell companies registered in offshore tax-havens can be established with minimal verification requirements, making incorporation certificates unreliable indicators of legitimacy in due-diligence assessments.

From which country does Banker Quotes' Facebook page operate?
Analysis of Banker Quotes

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