Auratus fails to offer possession or govt data on its web site.
Auratus’ web site area (“auratus.gold”), was privately registered on November twenty ninth, 2023.
Auratus took place following the collapse of the GSPartners fraudulent funding scheme.
GSPartners was an MLM crypto Ponzi scheme run via GSB Gold Normal Company. Each firms are owned by German nationwide Josip Heit (proper).
GSPartners provided buyers, primarily within the US and Canada, weekly passive returns via “metacertificates“.
Regulators in Canada started cracking down on GSParners and Josip Heit in early 2023.
In response to the preliminary Canadian regulatory fraud warnings, GSPartners tried to rebrand as Swiss Valorem Financial institution in Might 2023.
Swiss Valorem Financial institution flopped and was shortly deserted. GSPartners continued to defraud customers below its authentic identify.
By October 2023 the pressure of regulatory fraud investigations into GSPartners started to emerge. On October third, 2023 GSPartners disabled weekly ROI funds.
In November 2023, information broke of a number of US regulatory fraud investigations into GSPartners and Heit.
- BehindMLM confirmed ongoing CFTC and SEC investigations into GSPartners and Heit on November 2nd, 2023
- the Texas State Securities Board issued a GSPartners and Josip Heit securities fraud stop and desist on November sixteenth, 2023
- Washington’s Division of Monetary Establishments issued a GSPartners and Josip Heit fraud warning on November sixteenth, 2023
- the Alabama Securities Fee issued a GSPartners securities fraud stop and desist on November sixteenth, 2023
- California’s Division of Monetary Safety and Innovation issued a GSPartners securities fraud desist and chorus order on November sixteenth, 2023
- Kentucky’s Division of Monetary Establishments sued GSPartners and Josip Heit for securities fraud on November sixteenth, 2023
- Wisconsin’s Division of Monetary Establishments issued a GSPartners “world fraud scheme” warning on November sixteenth, 2023
- New Hampshire issued a GSPartners “fraud and deception” stop and desist order on November sixteenth, 2023
- the Arizona Company Fee issued a GSPartners and Josip Heit securities fraud stop and desist order on November sixteenth, 2023
- Florida’s Workplace of Monetary Regulation issued a GSPartners and Josip Heit “illegal actions” stop and desist order on November seventeenth, 2023
- the Arkansas Securities Division issued a GSPartners securities fraud stop and desist order on November twenty second, 2023
- Mississippi’s Secretary of State issued a GSPartners securities fraud stop and desist order on December sixth, 2023
- Georgia’s Commissioner of Securities fined GSPartners and Josip Heit $500,000 for securities fraud violations on January twenty second, 2024
- Massachusetts’ Legal professional Basic’s Workplace issued a GSPartners “crypto rip-off” warning in early March 2024
Outdoors of the US
Amidst the avalanche of regulatory fraud warnings, fines and stop and desist notices, GSPartners collapsed on December sixteenth, 2023.
Heit tried to proceed to run GSPartners and GSPro, nonetheless that was quick lived and didn’t go anyplace.
US and Canadian GSPartners investor accounts have been terminated on December twentieth, 2023 and February twelfth, 2024 respectively.
In March 2024 Billionico emerged as a possible backdoor reboot for US and Canadian GSPartners buyers.
The Texas State Securities Board issued a Billionico securities fraud warning on April twenty second, 2024. Billionico is believed to have been quietly deserted shortly after.
Auratus emerged in or round mid April 2024. New shell firms related to Auratus’ launch embrace:
- Helvetic Digital Finance AG (Switzerland)
- TAS Helvetic Gold Buying and selling LLC (Dubai)
- DX and One Belief LTD (Bulgaria)
- MTX Finance LLC (Montana, US) and
- Hyperlink Genius Portal LLC (Dubai)
Auratus and consultant Terry Lee have been named in TSSB’s Billionico securities fraud order;
On April 19, 2024, Billionico Academy started providing investments in a digital gold vault issued by Respondent Auratus, represented by Terry Lee, that purportedly secures bodily gold and generates passive earnings utilizing fintech and blockchain know-how.
The investments within the digital gold vault are being illegally, deceptively and fraudulently provided in Texas and the Securities Commissioner is getting into this Emergency Stop and Desist Order to cease the scheme and defend the general public from fast and irreparable hurt.
Each Billionico and Auratus have since blocked Texas residents from visiting their web site:
Moreover, Auratus states on its web site;
Auratus.gold associates (together with these of economic nature) are NOT AUTHORIZED and are prohibited by Auratus.gold To say that Auratus.gold is advisable by any monetary regulator physique is strictly forbidden.
This web site, and any merchandise inside, will not be meant to be accessed by USA or Canadian based mostly individuals.
On its web site Auratus offers a “authorized imprint” part. It is a authorized requirement in German-speaking international locations.
Though he’s based mostly out of Dubai, via recognized and unknown shell firms Josip Heit is believed to be behind Auratus.
Auratus is presently being promoted in secret by principally Australian and New Zealand former GSPartners buyers.
Auratus will not be registered to supply securities in Australia or New Zealand.
Since GSPartners’ collapse final yr, Heit has not made any public appearances. Heit’s recognized journey has been restricted to international locations and jurisdictions that should not have extradition treaties with the US (Dubai, the Maldives and worldwide waters).
As a result of proliferation of scams, sheltering of needed fugitives and failure to implement securities fraud regulation, BehindMLM ranks Dubai because the MLM crime capital of the world.
BehindMLM’s tips for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
- If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to Auratus, learn on for a full evaluate.
Auratus’ Merchandise
Auratus has no retailable services or products.
Associates are solely in a position to market Auratus affiliate membership itself.
Auratus’ Compensation Plan
Auratus refers to its passive returns funding scheme as “TAS Vault”.
Auratus associates make investments €150, €500, €2500, €7500 and €10,000 euro equivalents in cryptocurrency into TAS Vault.
That is finished on the promise of seventy-five periodic passive ROI funds, known as a “vault cycles”.
Auratus pays its “vault cycle” returns in TAS Gold, an inside token for which no technical particulars have been made public.
The MLM aspect of Auratus pays on recruitment of affiliate buyers.
Referral Commissions
Auratus associates obtain a 15% referral fee on funding by personally recruited associates.
Referral Fee Bonus
If an Auratus affiliate recruits 4 associates who every make investments €500 EUR or extra, they qualify for a 5% referral fee bonus for the following 28 days.
Residual Commissions
Auratus pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Auratus caps payable unilevel staff ranges at 9. Referral commissions are paid as a proportion of invested cryptocurrency throughout these 9 ranges as follows:
- degree 1 (personally recruited associates) – 15% (paid as a referral fee)
- degree 2 – 5%
- ranges 3 to eight – 4%
- degree 9 – 3%
Bonus Swimming pools
Auratus provides associates participation in two bonus swimming pools, every made up of 10% of company-wide invested cryptocurrency.
Prime Performers Pool
There are ten affiliate ranks inside Auratus’ Prime Performers Pool:
- 1 Star – generate one €500 EUR or extra funding throughout your first three unilevel staff ranges and generate €30,000 EUR in downline funding quantity
- 2 Stars – generate two €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €60,000 EUR in downline funding quantity
- 3 Stars – generate three €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €120,000 EUR in downline funding quantity
- 4 Stars – generate 4 €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €250,000 EUR in downline funding quantity
- 5 Stars – generate 5 €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €500,000 EUR in downline funding quantity
- 6 Stars – generate six €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €1,000,000 EUR in downline funding quantity
- 7 Stars – generate seven €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €3,000,000 EUR in downline funding quantity
- 8 Stars – generate eight €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €6,000,000 EUR in downline funding quantity
- 9 Stars – generate 9 €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €12,000,000 EUR in downline funding quantity
- 10 Stars – generate eleven €500 EUR or extra investments throughout your first three unilevel staff ranges and generate €24,000,000 EUR in downline funding quantity
If certified for, the Prime Performers Pool is break up into ten smaller swimming pools and paid out as follows:
- 1 Stars obtain a share in 20% of the Prime Performers Pool
- 2 Stars obtain a share in 15% of the Prime Performers Pool and the 1 Star pool
- 3 Stars obtain a share in 10% of the Prime Performers Pool and the 1 Star and a couple of Star swimming pools
- 4 Stars obtain a share in 10% of the Prime Performers Pool and the 1 Star, 2 Star and three Star swimming pools
- 5 Stars obtain a share in 10% of the Prime Performers Pool and the two Star, 3 Star and 4 Star swimming pools
- 6 Stars obtain a share in 10% of the Prime Performers Pool and the three Star, 4 Star and 5 Star swimming pools
- 7 Stars obtain a share in 10% of the Prime Performers Pool and the 4 Star, 5 Star and 6 Star swimming pools
- 8 Stars obtain a share in 5% of the Prime Performers Pool and the 5 Star, 6 Star and seven Star swimming pools
- 9 Stars obtain a share in 5% of the Prime Performers Pool and the 6 Star, 7 Star and eight Star swimming pools
- 10 Stars obtain a share in 5% of the Prime Performers Pool and seven Star, 8 Star and 9 Star swimming pools
Prime Leaders Pool
There are eleven affiliate ranks inside Auratus’ Prime Leaders Pool
- Blue Opal – recruit two associates and generate €30,000 EUR in downline funding quantity
- Crimson Opal – preserve two personally recruited associates and generate €60,000 EUR in downline funding quantity
- Inexperienced Sapphire – recruit 4 associates and generate €120,000 EUR in downline funding quantity
- White Sapphire – preserve 4 personally recruited associates and generate €250,000 EUR in downline funding quantity
- Blue Ruby – recruit six associates and generate €500,000 EUR in downline funding quantity
- Crimson Ruby – preserve six personally recruited associates and generate €1,000,000 EUR in downline funding quantity
- Inexperienced Emerald – recruit eight associates and generate €3,000,000 EUR in downline funding quantity
- White Emerald – preserve eight personally recruited associates and generate €6,000,000 EUR in downline funding quantity
- Blue Diamond – recruit ten associates and generate €12,000,000 EUR in downline funding quantity
- White Diamond – preserve ten personally recruited associates and generate €24,000,000 in downline funding quantity
- Crown Jewel – generate three White Diamond or greater ranked associates in three recruitment legs
If certified for, the Prime Leaders Pool is break up into eleven smaller swimming pools and paid out as follows:
- Blue Opals obtain a share in 20% of the Prime Leaders Pool
- Crimson Opals obtain a share in 15% of the Prime Leaders Pool and the Blue Opal pool
- Inexperienced Sapphires obtain a share in 10% of the Prime Leaders Pool and the Crimson Opal and Blue Opal swimming pools
- White Sapphires obtain a share in 10% of the Prime Leaders Pool and the Inexperienced Sapphire, Crimson Opal and Blue Opal swimming pools
- Blue Rubys obtain a share in 10% of the Prime Leaders Pool and the White Sapphire, Inexperienced Sapphire and Crimson Opal swimming pools
- Crimson Rubys obtain a share in 10% of the Prime Leaders Pool and the Blue Ruby, White Sapphire and Inexperienced Sapphire swimming pools
- Inexperienced Emeralds obtain a share in 10% of the Prime Leaders Pool and the Crimson Ruby, Blue Ruby and White Sapphire swimming pools
- White Emeralds obtain a share in 5% of the Prime Leaders Pool and the Inexperienced Emerald, Crimson Ruby and Blue Ruby swimming pools
- Blue Diamonds obtain a share in 5% of the Prime Leaders Pool and the White Emerald, Inexperienced Emerald and Crimson Ruby swimming pools
- White Diamonds obtain a share in 5% of the Prime Leaders Pool and the Blue Diamond, White Emerald and Inexperienced Emerald swimming pools
- Crown Jewels obtain a share in 1% of the Prime Leaders Pool and the White Diamond, Blue Diamond and White Emerald swimming pools
It ought to be famous that Auratus’ Prime Leaders Pool ranks provides as much as a 101% payout of the ten% company-wide funding funding the Prime Leaders Pool.
This mathematical discrepancy will not be defined.
Becoming a member of Auratus
Auratus affiliate membership prices will not be disclosed on its web site.
Full participation within the connected earnings alternative requires a minimal €150 EUR funding in cryptocurrency.
Auratus Conclusion
The TSSB together with Auratus in its Billionico securities fraud stop and desist sums up Auratus with respect to regulatory compliance.
Merely put, Auratus is illegally soliciting funding from customers on the promise of a passive return, funded by subsequent funding.
Auratus’ advertising and marketing ruse sees it signify TAS Gold tokens, which it generates out of skinny air on demand, are backed by bodily gold.
In an effort to confirm this and, extra importantly function legally, Auratus must register with monetary regulators in each jurisdiction it solicits funding in.
Then, and that is the one strategy to confirm Auratus is backing up its generated-on-demand TAS Gold tokens with gold, Auratus must file periodic audited monetary experiences with stated regulators.
For what ought to be apparent causes, Auratus hasn’t registered with monetary regulators and thus doesn’t function legally in any jurisdiction.
As an alternative of working legally, Auratus has opted to dam US and Canadian residents. That is owing to US and Canadian regulators being probably to pile further securities fraud prices onto Heit and GSB Gold Normal Company.
Auratus’ marketing strategy primarily depends on regulators outdoors of the US and Canada being gradual to behave.
Fraud apart, this isn’t precisely the muse of a reliable long-term MLM firm. In that sense Auratus presents itself as extra of a cash-grab, aimed toward what’s left of GSPartners’ extra gullible buyers.
Whereas Heit discovered fall guys in Dirc Zahlmann and Daniel von Lison to entrance GSPartners and Billionico respectively, this time round no person has raised their hand to entrance Auratus.
From a due-diligence perspective Auratus presenting as a faceless MLM firm is telling.
Because it stands the one verifiable income getting into Auratus is new funding.
Utilizing new funding to pay TAS Gold withdrawals would make Auratus a Ponzi scheme. With nothing marketed or offered to retail clients, the MLM aspect of Auratus moreover operates as a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Auratus of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.
