An online search leads me to two important facts, apart from the simple information that many ignore: DaBank is not a Bank!
1. The main founder is a Nigerian. Nigeria is infamous for fraud. A news article I found is about a banker with the same name and approximate age as the founder of DaBank was accused in a big bank fraud. The date and time of this news article is from before any record of the founder moving to Scotland.
2. The financial records of the founder shown in a financial information website shows huge liabilities on this person.
NB: I have no relation or enmity with any person related to this organization, including affiliates. I looked up the above information to caution an acquaintance who wanted me to join the scheme of DaBank. The acquaintance refused to back out, claiming he was getting money from the scheme. Since then I have broken all ties with him. What I found sickening was his statement that “there's a risk, but by the time any fraud comes in the open, I would have earned enough.”
People don't care that those who they bring to such schemes may lose that money?! All they care is what THEY are earning? They don't mind putting their friends and family at risk?