Aufin is an abbreviation of “AU Finance Limited”.
Aufin provides no company ownership or executive information on its website.
Instead, Aufin provides a UK incorporation certificate for “Aufin Finance Limited”.
Aufin Finance Limited was incorporated on April 19th, 2022.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Aufin’s website domain (“aufin.biz”), was privately registered on May 4th, 2022.
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.
Aufin has no retailable products or servies.
Affiliates are only able to market Aufin affiliate membership itself.
Aufin’s Compensation Plan
Aufin affiliates invest funds on the promise of advertised returns:
- Standard – invest $20 to $999 and receive 5% a day for 30 days
- Intermediate – invest $1000 to $4999 and receive 7% a day for 30 days
- Premium – invest $5000 to $500,000 and receive 9% a day for 30 days
Aufin pays referral commissions on invested funds down three levels of recruitment:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1%
“Representative” qualified Aufin affiliates earn higher referral commissions:
- level 1 – 10%
- level 2 – 6%
- level 3 – 2%
To qualify as a Representative, an Aufin affiliate must convince others to invest $1000 or more.
Aufin affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $20 investment.
Aufin solicits investment in USD through Perfect Money. Various cryptocurrencies are also accepted.
Aufin flat out lies to potential investors on its website:
Our business is fully registered, and we have all of the required permission paperwork. Only a legal business is conducted by us.
Aufin’s passive investment opportunity constitutes a securities offering.
Aufin is not registered to offer securities in any jurisdiction, meaning the company operates illegally the world over.
Aufin also lies about who can invest in the company:
Au Finance Limited is not available to the general public and is open only to qualified members of Au Finance Limited.
Every deposit is treated as a confidential transaction between Au Finance Limited and its Member.
This programme is exempt from the US Securities Act of 1933 since it is a private transaction.
None of that holds any weight. First of all anyone can sign up and invest in Aufin.
Secondly investments “confidential transactions” doesn’t exclude them from the Securities and Exchange Act.
Its legal status is not the only thing Aufin lies about.
Aufin represents it generates external revenue via “the advantages of cryptocurrency, staking, and decentralised finance”. No evidence of any of these activities is provided.
More importantly, Aufin fails to provide evidence external revenue of any kind is used to pay affiliate withdrawals.
Aufin’s business model also fails the Ponzi logic test. Anyone capable of legitimately generating 9% a day on a consistent basis isn’t providing you access for free.
In fact it’s likely they wouldn’t be providing access at all.
If you had a means of generating 9% a day would you waste your time setting up a website begging randoms for investment?
As it stands the only verifiable source of revenue entering Aufin is new investment.
Using new investment to pay affiliates daily returns makes Aufin a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Aufin of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 7th June 2022 – Aufin has collapsed.