Company Profiles – Citi Options

There may be hardly any data on this company, web is almost clean on the agency, with a single exception: Has anyone acquired any expertise of a monetary services agency referred to as Citi-solutions. They’re a part of the ever present Citigroup someway? Many thanks (1)

So what it’s, or what was it?

On the rich south coats in Spain it was not laborious to seek out them; a franchise group the place you needed to work by yourself account, open an workplace and promote Citi products 제안서PPT.

The entire thing began with a presentation (solely on paper, with the Citi Brand everywhere in the papers and rising graphs) from somebody already within the community and you might both purchase their pension resolution (an annual fee of return of about 10% greater than the custom “financial savings banks” only for the easy purpose of the large robust model name: Citigroup.

One other chance was to affix them within the franchise formulation and promote the products; beginning with the individuals you understand to constructing your personal community. The fee construction was based mostly on this sort of a pyramid: you obtain fee from the products you promote in addition to from the individuals beneath in your community. The earlier you began the better and extra worthwhile.

The barrier was low, monetary information wasn’t required so long as you added some cash and attended a coaching session.

Unusual that I even considered calling it a fraud. I checked the web by the point, however I used to be knowledgeable by the individual giving the presentation: “web shouldn’t be our technique and the place will not be allowed to make use of the name or emblem of Citigroup on our franchise formulation.” Citi-solutions had solely a hotmail handle. Frequent sense mentioned that was too good to be true, however as I declined to affix them I forgot about it the very subsequent second.

Now recalling that this was only some years in the past – imagining that this follow has stopped – I notice what a fraud this should have been. However it appeared so regular, and other people stepped in, because it was simply one other monetary service.

It’s (was) all within the power of a model name. Citigroup had a fairly steady inventory quote of about 50 $ from 2005 till someplace 2007. (Solely) then it went downwards displaying 2.52 $ in the intervening time (twenty fifth of February).

If Citi will survive as a personal company, they may contemplate a brand new emblem, eliminating the umbrella which is perhaps related to the pyramid.