The Banker Quotes Ponzi scheme has collapsed.

Withdrawals are disabled and the company has trotted out a “software glitch” exit-scam.

Banker Quotes launched last year. The company solicits investment on the promise of a daily 0.1% to 1% ROI.

Banker Quotes represents it generates ROI revenue through trading. No verifiable evidence is provided, nor is Banker Quotes registered with financial regulators.

Banker Quotes disabled withdrawals towards the end of July. Affiliate investors have been complaining ever since.

Banker Quotes initially responded by informing affiliates it would not be publicly addressing withdrawal problems.

Dear users and the Banker Quotes community,

Our social media channels are dedicated to the official dissemination of our advertising and updates on our products and services.

Therefore, messages in our inbox related to questions about your respective accounts and technical support will not be addressed.

As documented by the “Banker Quotes Scam – Now What!?” FaceBook group, on August 9th Banker Quotes rolled out a “software glitch” exit-scam.

Unfortunately, our software, HFT, and arbitrage systems have not achieved the same performance gains we have seen over the past two years, primarily due to a glitch and configuration changes from our allied broker at the end of July.

As a company established as a money manager with extensive technology and processes on the verge of being launched, including our app and other technological surprises, we are currently facing a loss.

We are actively working on a solution as a technology company, seeking alternatives to mitigate the impact of this situation.

Our team of 20 developers and traders is exploring new technologies that were about to be launched to provide a resolution to what has occurred and continues to unfold.

Instead of just being honest about collapsing, Banker Quotes weaved in a “global market collapse” and “CRM glitch” into its exit-scam.

The global market collapse on Monday, August 5th, combined with the CRM glitch, has put us in this position.

As previously stated, Banker Quotes launched last year. The company’s website domain was registered in January 2023.

For some reason however Banker Quotes has been advertising a fictional launch:

October 2024 places Banker Quotes fictional launch roughly 20 months after it actually launched.

In the lead up to its collapse, Banker Quotes abandoned its official FaceBook page on July 30th. Banker Quotes’ collapse also follows a securities fraud warning from New Zealand last December.

Based on its official FaceBook page, Banker Quotes is believed to have ties to Colombia.

As of July 2024, SimilarWeb tracked just ~900 monthly visits to Banker Quotes’ website. 100% of what’s left of Banker Quotes’ website traffic is attributable to Sweden.

Total Banker Quotes investor losses remain unknown.