Aufin is an acronym for “AU Finance Limited.”
Aufin’s website contains no information about the company’s ownership or executives.
Aufin, on the other hand, provides a UK incorporation certificate for “Aufin Finance Limited.”
Aufin Finance Limited was established on April 19, 2022.
A MLM company based in or claiming to be based in the United Kingdom is a red flag.
In the United Kingdom, incorporation is dirt cheap and effectively unregulated. Furthermore, the UK’s top financial regulator, the FCA, does not actively regulate MLM-related securities fraud. As a result, the United Kingdom is a popular destination for scammers looking to incorporate, operate, and promote fraudulent businesses. Incorporation in the UK or registration with the FCA are irrelevant for MLM due diligence.
On May 4th, 2022, Aufin’s website domain (“aufin.biz”) was privately registered.
As always, if an MLM company is not open about who runs or owns it, think twice before joining and/or handing over any money.
Products by Aufin:
Aufin offers no retailable goods or services.
Only the Aufin affiliate membership can be promoted by affiliates.
Aufin’s Compensation Plan:
Aufin affiliates invest funds with the expectation of earning the advertised returns.
Standard – Invest $20 to $999 and get 5% back every day for 30 days.
Invest $1,000 to $4,999 and earn 7% per day for 30 days.
Invest $5,000 to $500,000 for 30 days and earn 9% per day. Aufin pays referral commissions on invested funds down to three recruitment levels. Level 1–5% (personally recruited affiliates); Level 2%–2%; Level 3–1%A Qualified
“Representative” Aufin affiliates earn higher referral commissions: Level 1 is 10%, Level 2 is 6%, and Level 3 is 2%.
An Aufin affiliate must persuade others to invest $1000 or more in order to qualify as a representative. Joining the Aufin Aufin affiliate program is completely free.
A minimum investment of $20 is required to fully participate in the attached income opportunity.
Aufin seeks USD investment via Perfect Money. A number of cryptocurrencies are also accepted.
Aufin’s website flatly lied to potential investors.
Our company is fully registered, and we have all of the necessary permits. We only conduct legal transactions.
Aufin’s passive investment product is a security.
Aufin is not registered to offer securities in any jurisdiction, which means it operates illegally all over the world.
Aufin also lies about who is eligible to invest in the company.
Au Finance Limited is not open to the general public and is only available to qualified Au Finance Limited members. Every deposit is considered a private transaction between Au Finance Limited and its members. Because it is a private transaction, this program is exempt from the US Securities Act of 1933. All of that is meaningless. To begin with, anyone can sign up for and invest in Aufin. Second, investments in “confidential transactions” are not exempt from the Securities Act. Aufin lies about more than just its legal status.
Aufin claims to generate external revenue through “the benefits of cryptocurrency, staking, and decentralized finance.” There is no evidence of any of these activities.
Furthermore, Aufin fails to provide evidence that any external revenue is used to pay affiliate withdrawals.
Aufin’s business model fails the Ponzi logic test as well. Anyone who can legitimately generate 9 percent a day on a consistent basis isn’t going to give you access for free.
In fact, they are unlikely to provide any access at all.
Would you waste your time setting up a website begging random people for investment if you could generate 9% per day?
As of now, new investment is the only verifiable source of revenue entering Aufin.
Aufin is a Ponzi scheme because it uses new investments to pay affiliates’ daily returns.
As with all MLM Ponzi schemes, once affiliate recruitment is exhausted, new investment will dry up.
This will deprive Aufin of ROI revenue, eventually leading to its demise.
The math behind Ponzi schemes ensures that when they fail, the vast majority of participants lose money.