Aurum Foundation Caution Issued by New Zealand FMA
New Zealand’s Financial Markets Authority (FMA) has issued an official caution against Aurum Foundation.
The warning, published on May 14, 2026, alerts New Zealand consumers about the company’s aggressive promotion through social media and personal networks.
FMA Warning Details
The FMA specifically named two Aurum Foundation domains:
- aurum.foundation
- aurumfoundation.io
It also noted that overseas regulators have already issued fraud warnings against the company and its AI trading services.
International Fraud Warnings
Aurum Foundation has received official warnings from:
- Russia
- Nigeria
What is Aurum Foundation?
Aurum Foundation is a Dubai-based MLM crypto Ponzi scheme launched in mid-2024. Like most MLM crypto platforms, it also operates as a pyramid scheme.
It was originally a “Boris CEO” style Ponzi, a common format used by Eastern European scammers. The company is now publicly fronted by CEO Bryan Benson, who is based in Dubai. The actual operators are believed to be Russian scammers also hiding in Dubai.
Evidence of Russian involvement includes Russian text found in the website source code.
Traffic and Reach
As of April 2025, Aurum Foundation’s main website received approximately 343,000 monthly visits.
Top traffic sources were:
- Greece (24%)
- United States (23%)
- Belgium (11%)
- South Africa (7%)
- Turkey (6%)
The .io domain showed very low traffic.
