Comodius Bank operated in the cryptocurrency MLM niche and claims it was established in 1994.

This is easily debunked with a quick domain check, which reveals the Comodius Bank website domain (“comodius.biz”) was only registered a few days ago on May 25th.

Comodius Bank provide a list of executives on their websites. While the photos appear modified such to the extent they aren’t basic stock image uploads, the people represented clearly don’t exist.

Click on any the Twitter profiles of any of listed executives and you’ll find all of the accounts are newly created in May, 2018.

And as at the time of publication, none of the profiles have any content published to them.

So far we have

  • a company that didn’t exist a week ago pretending it’s been around for twenty-four years
  • generic Anglo-saxon names for its executives
  • generic executive photos stolen from who knows where and
  • bogus executive social media profiles

Comodius Bank aren’t off to a very good start.

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.

Comodius Bank Products

Comodius Bank has no retailable products or services, with affiliates only able to market Comodius Bank affiliate membership itself.

The Comodius Bank Compensation Plan

Comodius Bank affiliates invest funds on the promise of an advertised ROI:

  • 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%)

Comodius Bank also appear to offer some sort of internal exchange, through which generated Onix points can be traded.

Onix points are sold to Comodius Bank affiliates for $1 each.

Each Onix point investment increases the value of previously invested Onix points by 0.000001%.

As long as invested funds remain in the exchange reserve, Comodius Bank affiliates can transfer their Onix points into real money at the given rate.

Referral Commissions

Comodius Bank pay referral commissions on invested funds down three levels of recruitment (unilevel):

  • Investor (convince others to invest $25 to $9999) – 5% on level 1, 2% on level 2 and 1% on level 3
  • Representative (convince others to invest $10,000 to $49,999) – 7% on level 1, 2% on level 2 and 1% on level 3
  • Director (convince others to invest $50,000 to $149,999) – 10% on level 1, 3% on level 2 and 2% on level 3
  • Top-Manager (convince others to invest $150,000 or more) – 15% on level 1 , 6% on level 2 and 2% on level 3

Joining Comodius Bank

Comodius Bank affiliate membership is free, however free affiliates only earn referral commissions.

Full participation in the Comodius Bank MLM opportunity requires a minimum $25 investment.

It is unclear if there is a minimum Onix points investment amount.

Conclusion

Comodius Bank claim to be a “universal commercial bank”, which is gobbledygook marketing nonsense.

LLC Comodius Bank is a universal commercial bank.

Today, there are a lot of savings banks and branches that provide high-quality, fast and convenient financial services in the USA.

For all its attempts to represent itself as a twenty-four year old established bank in the US, Comodius Bank is instead likely being run by someone with a non-English speaking background.

Here’s Comodius Bank explaining some spam promotion they have going on;

TELL ABOUT COMODIUS

The action participant have to record a video review, which should have a high quality image

RECEIVE A BONUS

The promotion gives the opportunity to receive a bonus of $25 to $3000 to your account

EASY

On video should be shown the filling, withdrawal or making a deposit and it’s should be accompanied by a voice

FINAL

Upload on your Youtube channel and social networks. The running time of the video is at least 2 minutes

Yeah. Definitely what you’d expect from a twenty-four year old US bank with a week old website.

Comodius Bank also obviously isn’t registered with the SEC, despite clearly representing itself to be a US bank offering multiple securities.

ROI revenue is purportedly generated via “expert assessments and calculation” of “highly qualified specialists”.

But naturally Comodius Bank provide zero evidence of their so-called specialists existing or generating any revenue for the company.

That leaves new investment as Comodius Bank’s sole source of revenue.

Using newly invested funds to pay existing affiliates a ROI makes Comodius Bank a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment slows down so too will newly invested funds.

This will starve Comodius Bank of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse the majority of investors lose money.