Aufin Review- Scam

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“AU Finance Limited” is the abbreviation for the company, Aufin.   

On the Aufin website, there is no information about the company’s owners or executives.   

Instead, Aufin provides a certificate of incorporation for “Aufin Finance Limited” in the United Kingdom.    On April 19th, 2022, Aufin Finance Limited was formally formed.   

It’s a red flag if an MLM company says it’s based in the UK.   

For small businesses, cheap and unregulated incorporation in the United Kingdom is a godsend. Even the UK’s top financial watchdog, the FCA, does not actively regulate securities fraud related to multi-level marketing (MLM). 

Thus, scammers flock to the UK to set up, run, and promote their fraudulent businesses. 

Whether a company is incorporated in the UK or registered with the FCA has no bearing on MLM due diligence.   

A privately registered domain name (“aufin.biz”) for Aufin’s website was obtained on May 4th, 2022.   

Don’t join or hand over money to an MLM company unless it’s clear who is in charge and who owns the company.   

products Made by Aufin:   

There are no products or services that can be sold by Aufin.    

It is only possible for affiliates to promote the Ondin affiliate membership.   

Affiliates of Aufin invest their money in hopes of earning the advertised returns. 

Spend $20 to $999 and get 5% back every day for 30 days with the standard option. For 30 days, invest between $1,000 and $4,999 and earn 7% per day.   

If you put $5,000 to $500,000 into an investment, you’ll get a daily return of 9% for 30 days. 

Aufin pays referral commissions on invested funds down to three levels of recruitment. Level Only those who are personally recruited by the company are counted.

Affiliates who qualify as “representatives” of Aufin earn higher referral commissions: 

Level one is 10%, level two is 6%, and level three is 2%. In order to become an Aufin representative, a person must convince another person to invest $1000 or more in the company.   

Aufin affiliate membership is free to join.   

Only those who have a minimum $20 investment can participate in the attached income opportunity.    Perfect Money is the preferred method of payment for Aufin. In addition, several cryptocurrencies can be used.   

Potential investors were deceived by Aufin’s website.   

We have all of the necessary paperwork in order to run our business legally. We only deal with legitimate matters. 

The passive investment option offered by Aufin is a form of insurance. If Aufin isn’t registered to sell securities in any jurisdiction, it’s operating illegally all over the world.   

The company’s investment eligibility is also a fabrication by Aufin:   

Qualified Au Finance Limited members have access to Au Finance Limited, which is not open to the general public. In the eyes of Au Finance Limited and its members, every deposit is a private transaction. As a private transaction, this program is exempt from the Securities Act of 1933.   

All of that has no significance. To begin with, anyone can sign up for Aufin and make investments in the platform. Second, investments in so-called “confidential transactions” are not exempt from the SEC’s jurisdiction.   

In addition to misrepresenting its legal standing, Aufin also fabricates information about the company.    To put it another way, Aufin claims that it generates revenue from “the benefits of cryptocurrency, staking, and decentralized finance.” There is no evidence to back up any of these claims.   

Moreover, Aufin does not provide any evidence that any external revenue is used to pay out affiliate withdrawals.   

The Ponzi logic test is also failed by Aufin’s business model. A person who can legitimately produce 9% a day on a regular basis isn’t going to give you access for free.   

Even more likely, they won’t be allowing anyone to access it at all.   

In the absence of an alternative, would you waste your time setting up a website in order to solicit investment from strangers?   

As things stand, new investment is Aufin’s sole source of revenue.   

Aufin is a Ponzi scheme because it uses new investments to pay the daily returns of affiliates.   

There will be no new investment in MLM Ponzi schemes when affiliate recruitment dries up.   

As a result of this, Aufin will eventually collapse due to a lack of ROI revenue.   

When Ponzi schemes fail, the vast majority of their participants will lose their money.

“AU Finance Limited” is the abbreviation for the company, Aufin.    On the Aufin website, there is no information about the company’s owners or executives.    Instead, Aufin provides a certificate of incorporation for “Aufin Finance Limited” in the United Kingdom.    On April 19th, 2022, Aufin Finance Limited was formally formed.    It’s a…

“AU Finance Limited” is the abbreviation for the company, Aufin.    On the Aufin website, there is no information about the company’s owners or executives.    Instead, Aufin provides a certificate of incorporation for “Aufin Finance Limited” in the United Kingdom.    On April 19th, 2022, Aufin Finance Limited was formally formed.    It’s a…

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