MONYTEX BANK / monytex.com

I invested $5,000 with MONYTEX BANK / monytex.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Swiss Financial Market Supervisory Authority.

For anyone considering MONYTEX BANK / monytex.com, please be aware that this company has been flagged by Swiss Financial Market Supervisory Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

After doing some research AFTER the fact (I know, I should have done this first), I discovered that MONYTEX BANK / monytex.com is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Several red flags with MONYTEX BANK / monytex.com: (1) They promise unrealistically high returns, (2) They're not registered with Swiss Financial Market Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.