Aufin Bhiz is short for AU Finance Limited, which has incorporation in the UK, although it isn’t licensed to offer the 9% ROI it advertises.
Online client feedback sites have reviewed the platform for client satisfaction and other metrics, rating Aufin Bhiz 4.5 out of 5 star as a scam. Detecting the sham blueprint isn’t a long shot since all you have to do is look at the SEC aspect. For example,
Instead of providing reliable regulation licenses from the appropriate authorities, Aufin merely asks its clients to stake funds on the strength of fiduciary trust. That’s a bad way to do business. It would run afoul of UK SEC due diligence, anyway.
Moreover, most feedback from customers shows that zero trades occur in Aufin.bhiz. So, where do the loyalty perks, bonus cycles, and MLM compensations come from? Find out in this article.
Read on below for details.
Aufin Bhiz: Arbitraging for 9% ROI
Now and then, a new website claims to offer profits and financial freedom through crypto, Forex, and Defi. Aufin is one such platform.
Not only does it remit 9% (according to the Affiliates and PRs), but also trades shortfalls and dips in currency prices (or other derivative instruments), returning the value deficit as profits to Aufin investors or affiliates.
Does it Work? Yes, but not while 90% of the pay model fixates on the weighted referral downline profits. Some people had experience with such platforms before. Here is a glimpse below.
Still think Aufin Bhiz is different?
If it were different from the flock, where is the proof? Nothing on the website is close to a testimonial/copy of successful arbitrage trades, which would still contradict the 9% daily profit peg.
How any company would propose a 9% per day passive profit defies logic. It’s untenable unless Aufin Bhiz has a string of businesses at its disposal. Contrarily, the company doesn’t show any proof or audits to confirm that there is a business on the backend.
Barely months after media scrutiny mounted on the site, Aufin Bhiz phased out to Aufin Biz, claiming it underwent maintenance.
HYIP programs do this often, as a matter of fact. See what is left of the arbitrage trader below.
Denouement: Aufin Bhiz Phases Out to Aufin Biz
As might be expected, the doddering pyramid scheme has collapsed already.
High Yield Investment Programs tend to toggle different URLs when called out for scams or suspicious activity. Apparently, the company is using a hastily-created site with the biz domain instead of bhiz.
As absurd as it sounds, a notification says affiliates can continue buying packages pending when withdrawals start functioning. Here is a clip.
“This is just the beginning; we have to go too far from this stage so those who haven’t yet deposited in Aufin should take advantage of this chance”
Some scribbling above this clip (on the site) lists Aufin membership counts as 17K, with $15M deposits and $5M total payouts, completing the real-time statistics promised to affiliates. It’s short shrift, to say the least.
The only elaborate aspect of the website is the affiliate program. See how it works in the following section.
Affiliates could earn fixed rates every day on these packages.
Premium ($5000-$500000) _ pays nine percent (9%) daily for a thirty-day cycle.
Intermediate ($1000-$4999) _ pays seven percent (7%) daily for a thirty-day cycle.
Standard ($20-$999) _ remits five percent (5%) daily for a thirty-day cycle.
At the same time, affiliates can earn weighted bonuses depending on their downline levels. Here is how the schema (Unilevel lattice) works.
An MLM unilevel lattice works in this way.
The affiliate’s personally recruited members fill the First Level. The First Level affiliates boot the Second Level by recruiting people to invest in Aufin Bhiz. The pattern continues down an infinite level, yielding a recursive lattice (MLM compensation grid).
However, the members only earn on three levels.
It pays on two tiers _ Representatives and (the usual) affiliates.
Representatives earn 2% on Level 3, 6% on Level 2, and 10% on Level 1. On the other hand, affiliates typically earn 1% on Level 3, 2% on Level 2, and 5% on Level 1 (for personally recruited members).
Conclusion: Is it a Scam?
Toggling URLs and attempting to bypass due regulation by providing vague incorporations are the hallmarks of a scam company.
Aufin Bhiz members are investing on a whim as the company doesn’t run any business on the backend. Even the website of the supposed arbitrage trader is a bottom-line amateur.
The company is not legit. Also, it has too many scam red flags, with zero testimonials and audits to show for any profits realized on the backend.