Author Avatar

editor

0

Share post:

“AU Finance Limited” is abbreviated as “Aufin.”

Aufin’s website has no information on the company’s ownership or executives.

Aufin instead offers a certificate of incorporation for “Aufin Finance Limited” in the United Kingdom.

Aufin Finance Limited was established on the 19th of April, 2022.

A MLM firm based in the United Kingdom, or claiming to be based in the United Kingdom, is a red sign.

The cost of forming a company in the United Kingdom is quite low, and it is practically uncontrolled. Furthermore, the UK’s leading financial regulator, the FCA does not actively monitor securities fraud associated with MLM.

As a result, the United Kingdom is a popular destination for fraudsters trying to set up, operate, and advertise fictitious businesses.

Incorporation in the United Kingdom or registration with the Financial Conduct Authority has no bearing on MLM due diligence.

On May 4th, 2022, Aufin’s website domain (“aufin.biz”) was privately registered.

As always, if an MLM firm isn’t transparent about who runs or controls it, consider twice before joining and/or turning over any money.

Aufin’s Creations

Aufin does not have any retailable goods or services.

Affiliates can only promote the Aufin affiliate membership.

Compensation Plan for Aufin

Affiliates of Aufin invest money with the expectation of receiving the following returns:

• Regular – spend $20 to $999 and get 5% each day for 30 days.

• Intermediate – invest between $1000 and $4999 and get 7% each day for 30 days.

• Premium – invest $5000 to $500,000 and get 9% daily for 30 days.

On invested monies, Aufin provides referral commissions down three layers of recruitment:

• 5% for level 1 (personally recruited affiliates)

• level 2 (2%); level 3 (3%); level 4 (4%); level 5 (5%);

• 1 percent at level 3

Aufin affiliates that are “representative” eligible get greater referral commissions:

• ten percent at level one

• 6 percent at level 2

• 2 percent at level 3

An Aufin associate must persuade people to spend $1000 or more to qualify as a Representative.

Associating with Aufin

The Aufin affiliate program is completely free.

A minimum investment of $20 is required to fully participate in the associated income opportunity.

Aufin is looking for USD investment through Perfect Money. In addition, a variety of cryptocurrencies are accepted.

Final Thoughts

Aufin’s website flatly lies to potential investors:

Our company is properly licensed and insured, and we have all of the necessary permits. We only do legal transactions.

The passive investment option offered by Aufin is a securities offering.

Aufin is not registered to sell stocks in any country, hence it operates illegally all over the world.

Aufin also makes false claims regarding who is eligible to invest in the company:

Au Finance Limited is only available to qualified members of Au Finance Limited and is not open to the general public.

Every deposit between Au Finance Limited and its Member is considered a private transaction.

Because this is a private transaction, it is exempt from the US Securities Act of 1933.

All stuff is irrelevant. First and foremost, everyone may join Aufin and invest.

Second, the Securities and Exchange Act does not exclude investments as “secret transactions.”

Aufin lies about more than just its legal standing.

It produces external money, according to Aufin, using “the advantages of bitcoin, staking, and decentralized finance.” There is no proof of any of these operations.

Aufin provides no proof that any outside revenue is utilized to settle affiliate withdrawals.

The Ponzi logic test likewise fails to pass for Aufin’s business model. Anyone who can generate 9% per day daily isn’t going to give you access for free.

It’s more than probable that they wouldn’t provide any access at all.

Would you waste your time building up a website soliciting strangers for money if you had a way to make 9% a day?

New investment is now the sole probable source of revenue entering Aufin.

Aufin is a Ponzi scam since it uses fresh investments to pay affiliates daily returns.

As with many MLM Ponzi scams, once affiliate recruiting stops, fresh investment stops as well.

Aufin will be deprived of ROI revenue as a result, eventually collapsing.

Ponzi schemes are mathematically certain to lose money for the vast majority of participants when they fail.

Rodan + Fields Review - Is a Fraud
GainBitcoin Review - Is a Fraud

Leave a Comment

Your email address will not be published. Required fields are marked *