n. A white guy (usually thinks he is an "Entrepreneur") who becomes a "Scammer" for not being able to repay his debts. The act of thinking that you are an "Entrepreneur" but actually are a Failure makes you an "AureusFail".
That white guy was such an AureusFail, he thought he could run a business but instead wasted all our money.
"I'll sell you an iPad, just give me your money and I'll quickly close my company" - this is referred to as an "AureusFail".
"Entrepreneur much, not so much" phrase used to identify an AureusFail