AurumBank — Review, Part 1

Based in the UK, AurumBank is a global investment company offering its services in many different parts of the world.  Their areas of expertise include “foreign exchange trading operations in the stock, currency and cryptocurrency exchanges. At the same time, the company is developing a promising area of business – investment and concessionary participation in development of gold deposits in some African countries.”

As a HYIP, the AurumBank just celebrated its second anniversary online.  However, it has kept a low profile for quite a while.  Finally, it now appears that AurumBank is actively marketing its investment plans and is poised to play a leadership role as an investment vehicle for folks throughout the world seeking a source of passive income.

AurumBank offers a total of 25 investment plans.  There is truly something for everyone.  The plans are divided into five categories, each containing five plans.  In the website, if the user clicks on a specific plan, its details are given in a pop-up window.  The details are unusually complete.  There is very little a person might want to know after reviewing a plan’s details.  In addition, there is a calculator that can be used to predict the return for any amount of deposit in any of the 25 plans.  Again, it is a very thorough presentation.  Following is a description of the five investment plan categories as they appear in the website.  We will examine the details of some of the plans in each category shortly.

Stable

A simple and affordable way to increase your wealth by investing a small sum of money. Profit is calculated on weekdays and reinvested to increase your principal deposit and the overall profit. Profits and principal deposit are paid out at the end of the investment period.

Classic

If you prefer to have unrestricted access to your profits, CLASSIC plans are a good choice for you. Profits are paid out on weekdays and can be withdrawn. The basic deposit is paid at the end of the investment period.

Prestige

It provides an excellent opportunity for accumulation of funds. This plan enables you to multiply your funds and at the end of the investment period receive your start-up capital or invested amount to implement your bold ideas. Your profits and principal deposit are paid out at the end of the investment period.

Premium

Opens a wide perspective for capital strengthening and provides an opportunity to generate maximum profit within minimum timeframe. This is a unique and a very good offer for people who value their time and who have made it in the business world. Profit is calculated on weekdays and paid out at the same time with the principal deposit at the end of the investment period.

Partner

An ideal solution from the Company’s founders for permanent and loyal clients. It’s an excellent choice for those wishing to maximize their profits within the shortest possible time. Profit is calculated on weekdays and paid out at the same time with the principal deposit at the end of the investment period.

Now let’s discuss the details of some of the plans in each category.  In each case, I will first repeat the details given in the website.  Next will be the discussion.

Stable Plan #1

3% daily for 110 trading days

1. Minimum amount: 750 and more
2. Accruals: Mon-Fri
3. Plan duration, trading days/calendar days: 110/154
4. Profit Payout at the end of the investment period: Yes
5. Return of principal deposit at the end of the investment period: Yes
6. 100% profit plowback: Yes
7. 115% insurance of principal deposit: Yes
8. Referral commission: 10.00%

The minimum deposit for his plan is rather high — $950.  However, it might be doable for a few serious investors.  So, let’s continue.  This is a fairly long term plan — 110 working days or 154 calendar days.  That’s around five months.  As is true of all plans in this category, you cannot withdraw your interest earnings or your principal until the end of the investment term.  In addition, your daily earnings are compounded (plowed back) 100% to add to your principal every day.  At 3% daily interest rate, it is easy to see that this could result in a very significant profit.  As a numerical example, I used the online calculator to calculate the return for a deposit of $1,000.  The result was an astounding $25,828.  I couldn’t believe this.  So, I did a little spreadsheet calculation and, low and behold, within a few dollars, I checked this.  Although the possibility of having a $1,000 deposit turn into $25,000 five months later is a very nice idea, one has to worry about the sustainability of the program.  Is this really possible?  The investor will surely be in suspense as the weeks roll by.

The remaining four investment plans in this category all have a minimum investment of $40,000 or more.  I don’t think that there will be any investors in this price range.  If, perchance, you are such a person, I would recommend that you make use of the online calculator.  And brace yourself for some more astounding numbers.  For example, the minimum investment of $40,000 in the second plan has a return of $744,714.  That’s almost three quarters of a million dollars!

Classic Plan #1

0.8% daily for 260 trading days

1. Minimum amount: 10 and more
2. Accruals: Mon-Fri
3. Plan duration, trading days/calendar days: 260/365
4. Profit Payout at the end of the investment period: No
5. Return of principal deposit at the end of the investment period: Yes
6. 0-100% profit plowback: Yes
7. 100% insurance of principal deposit: Yes
8. Referral commission: 0.50%

This plan only has a minimum deposit of $10.  So, it would likely be the most popular investment plan for the typical HYIP investor.  In this plan, you can withdraw your interest earnings every day.  As an example, if you invest $100, your daily interest would be $0.80.  After 260 work days (or 365 calendar days — a year), you would have earned $208 in pure (net) profit.  In addition, you would get your principal back for a total return of $308.  If, instead of withdrawing your money every day, you let it compound and waited till the end of the year to withdraw everything, your total return would be $793.  But, a year is a long time to wait for a return from a HYIP.  This category of investment plan will most likely be used by people that would like to receive interest earnings every day.

Classic Plan #2

1.1% daily for 110 trading days

1. Minimum amount: 350 and more
2. Accruals: Mon-Fri
3. Plan duration, trading days/calendar days: 110/154
4. Profit Payout at the end of the investment period: No
5. Return of principal deposit at the end of the investment period: Yes
6. 0-100% profit plowback: Yes
7. 100% insurance of principal deposit: Yes
8. Referral commission: 0.50%

The minimum investment for this plan is $350.  So, it will be doable for a significant number of HYIP investors.  This plan has a slightly higher interest rate that the first one but the term is shorter.  For a deposit of $1,000. the daily interest earnings would be $11.  So, assuming that  you withdraw your interest earnings as soon as they are available, you would break even in 91 (1,000/11) trading days, close to the end of the investment term.  Your total net interest earnings would be $1,210 (11 x 110).  In addition to that your initial deposit of $1,000 would be returned to you at the end of the investment term.  You can use the calculator to work out additional investment scenarios.

Classic Plans #1 and #2 are fairly typical HYIP investment plans.  They feature conservative interest rates that are only paid on work days.  They could be very sustainable programs in the long run.

The remaining three plans in this category have minimum investments of $50,000 or higher.  As was true of the last four plans of the previous category, they will probably be out of the reach of HYIP investors.

Prestige Plan #1

6500% after 110 trading days

1. Minimum amount: 850 and more
2. Accruals: Mon-Sun
3. Number of accruals: 1
4. Plan duration, trading days/calendar days: 110/154
5. Profit Payout at the end of the investment period: Yes
6. Return of principal deposit at the end of the investment period: No
7. 0-100% profit plowback: No
8. 125% insurance of principal deposit: Yes
9. Referral commission: 14.00%

This plan is a one shot deal.  You receive a set percentage at the end of the investment term.  Your principal is included in your earnings.  For this plan you receive 6,500 percent after 110 working days (or 154 calendar days).  That’s around five months.  This is the same as Stable Plan #1.  So, if I invest $1,000 in this program, I will get $65,000 five months later!  This is even more radical than the Stable Plan #1 above where $1,000 yielded over $25,000 five months later.  I don’t see how this can possibly be sustainable.  But, wouldn’t it be nice if somehow AurumBank can make this happen.

The remaining four plans in this category all require $40,000 or more as the minimum deposit.  Again, I won’t discuss them as this amount will be beyond the reach of just about all HYIP investors.  If, perchance, one of these programs is of interest to you, the website description of all the plans is excellent and there is a calculator that will tell you exactly how much your earnings will be.

Premium Plan #1

7% daily for 110 trading days

1. Minimum amount: 950 and more
2. Accruals: Mon-Fri
3. Plan duration, trading days/calendar days: 110/154
4. Profit Payout at the end of the investment period: Yes
5. Return of principal deposit at the end of the investment period: Yes
6. 100% profit plowback: Yes
7. 150% insurance of principal deposit: Yes
8. Referral commission: 15.00%

I don’t see any difference between this plan and Stable Plan #1 except that the interest for this plan is 7% per day and for the Stable plan it is 3% per day.  So, again let’s assume an investment of $1,000 and use 100% compounding.  By the way, in a program where you cannot make withdrawals during the investment term and where your principal is returned to you at the end of the term, it is ALWAYS wise to use 100% compounding to grow your principal to the maximum amount.  Using the online calculator and 100% compounding, the total return at the end of the five month investment term will be (Brace yourself!!!) $1,706,929!  If you thought some of the other earning projections were high, this one is off the chart.  One thousand dollars turning into almost two million dollars after five months!  I don’t see how this can be possible!

The remaining four plans in this category again require a very high starting investment.  So, I will not discuss them further.

Likewise all five of the Partner plans require at least $60,000 for a minimum investment.  So, I will not discuss them either.

Having made these income projections, it is interesting to compare the returns for Plan #1 for the Stable, Prestige, and Premium categories.  All three of them only provide returns at the end of the investment period which is the same for all of them — around five months.  Here are the returns:

Stable — $25,828
Prestige — $65,000
Premium — $1,706,929

Here are a few observations:

In all three cases, the returns are extremely high.  As I already indicated, for the Premium plan, the return is off the chart.  It just seems too high to have even a remote chance of being obtainable.

Since the three plans all involve the same investment amount and the same investment term, one wonders why there is a need for the Stable and Prestige plans.  Anyone who does his homework will opt for the Premium plan (unless he decides that he might get nothing because the predicted amount is impossibly high).

There is a bit more to say about this program.  However, this review is much too long already; it will be continued in Part 2 which will follow in a number of days.  In the way of a summary, the presentation of the investment plans by AurumBank is superb.  The details of every plan are perfectly clear and the calculators put into numbers what the narrative details say in words.   In many other HYIP presentations the reader has to struggle to figure out how an investment plan works — especially if it is a little out of the ordinary.

This said, it appears that the AurumBank program could be greatly simplified by cutting back on the number of categories of investment plans that are offered and by eliminating plans with minimum investment amounts that are beyond the reach of even the wealthiest of investors; many of the plans have such high minimum investments that it seems almost silly to list them.  Finally, in the interest of making the program sustainable in the long run, the Admin might want to reconsider the advisability of offering interest rates that lead to unrealistic returns.

In closing, I suspect that the Classic investment plans will be the favorites of online investors, primarily because of the possibility of receiving a daily return.  If you do decide to invest in AurumBank, our advice, as always, is to make this investment part of a diversified portfolio.  And, remember, investing in any HYIP is risky business.  So, never invest more than you can afford to lose.  Good Luck!

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To the Admin: We always welcome comments on our reviews — pro or con — and we will be happy to publish them in the Emily News blog.

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Please don’t forget that you can post your screenshots of payment, scam, or other proofs related to a program by clicking on the “Details” button in the Emily News monitor.  Also, don’t forget that you can add your referral link when you post your proofs — another way to build your downline.

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