Aurum Review – Is It Just Another Crypto Ponzi Scheme?
- Crypto MLM Reviews
- September 16, 2024
Welcome to my Aurum Review!
Aurum recently entered the MLM crypto space, but with no clear ownership information and a sketchy website setup, it’s already raising red flags. If you’re wondering whether Aurum is a legitimate investment or just another Ponzi scheme in disguise, this review will break down everything you need to know.
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If you want to know more about AURUM keep reading…
Who’s Running Aurum? The Mystery Behind the Leadership
A key concern for any investor is transparency, and this is where Aurum falls short. The website domain, “aurum.foundation,” was privately registered on August 1st, 2024. Access is only granted through a subdomain—”backoffice.aurum.foundation”—adding to the confusion.
Looking deeper into the site’s source code, Russian language elements are found, hinting at ties to Russia. This raises the question: Who is really behind Aurum? One name that comes up is Sal Khan, a serial promoter of failed MLM crypto schemes like TLC Trading, which collapsed just last month. Are the same scammers back for round two?
Is Aurum’s CEO a Real Person?
Aurum’s so-called CEO is Jan Kroger, though his real name is Krogan Jan-Burkhard, a relatively unknown figure in the crypto space. His track record consists of questionable marketing claims rather than real success in the industry.
Other key names linked to Aurum include Ahmad Zen, Aleksei Mirko, and Ivan Marjanovic—all of whom lack credible backgrounds, and some are tied to failed Ponzi schemes like Earn World.
What Products Does Aurum Offer? Spoiler: None
If you’re wondering what Aurum actually sells, the answer is… nothing. There are no retail products or services available. Affiliates are only able to promote Aurum membership itself—a classic hallmark of a Ponzi scheme. No products, no real business model, just an endless recruitment cycle.
Aurum Compensation Plan: The Classic Ponzi Setup
Aurum affiliates are encouraged to invest funds with promises of passive returns. The more you invest, the higher your supposed ROI. Here’s how the investment tiers work:
- Basic: $100 to $249 – 60% ROI
- Standart: $250 to $999 – 65% ROI
- Comfort: $1000 to $2499 – 70% ROI
- Optimal: $2500 to $4999 – 75% ROI
(Similar tiers follow, with Ultimate offering 95% ROI on investments over $50,000.)
Aurum claims these investments generate monthly returns between 9.48% and 15.01%. But here’s the catch: If you try to withdraw your initial investment within the first year, Aurum will deduct a hefty 35%, and there’s an additional 1% withdrawal fee on returns.
How Aurum Pays: It’s All About Recruitment
Like most Ponzi schemes, Aurum’s compensation structure revolves around recruitment. Affiliates earn residual commissions based on their recruits’ investments, with higher ranks offering more commissions. There are 15 affiliate ranks in total, with names like Diamond, Vice President, and Founder—all designed to incentivize constant recruiting.
Cost to Join Aurum: What You Need to Know
While signing up for Aurum is technically free, full participation requires a minimum investment of $100. Keep in mind, the higher your investment, the more “returns” you’re promised—but remember, these returns are only sustainable with new recruit money pouring in.
Conclusion: Should You Invest in Aurum?
Aurum checks all the boxes of a typical Ponzi scheme: no real products, no verifiable revenue sources, and a compensation plan built on recruitment. With ties to Russia and failed Ponzi schemes like TLC Trading, it’s clear that Aurum’s only real business is luring in new investors.
If you’re thinking about investing in Aurum, you might want to think twice. Like all Ponzi schemes, the math never lies—most people lose.
Have any experiences with Aurum or similar MLM schemes? Drop your thoughts in the comments!
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