CashFX Group securities fraud warning from Ontario, Canada
CashFX Group has received its sixth securities fraud warning from Canada.
The latest fraud warning was issued by the Ontario Securities Commission on March 28th.
As per the OSC’s warning, CashFX Group “is not registered in Ontario to engage in the business of trading in securities.”
CashFX Group markets a 200% to 400% ROI Ponzi scheme. The company is not registered to offer securities in any jurisdiction.
In addition to Canada, CashFX Group has received securities fraud warnings from Italy, Spain, the Dominican Republic, Singapore, Australia, Portugal, Sweden, Ireland, South Africa, the Philippines, Belgium, New Zealand, Jersey, Canada (New Brunswick, Manitoba, Saskatchewan, Quebec and British Columbia), Panama, the Bahamas, Norway and the UK.
CashFX Group is run by Huascar Lopez and other Dominican Republic nationals.
The Dominican Republic’s Superintendent of Banks has labelled CashFX Group a “fraudulent scheme”. Despite that, Dominican Republic authorities have taken no further action against the Ponzi scheme.
Marketing of CashFX Group is spearheaded by Justin Halladay and Luigi Bruni, US and Canadian citizens respectively.
Throughout 2021 CashFX Group has prolonged its inevitable collapse by delaying and restricting withdrawal requests. These delays have continued into 2022.
Which MLM scam has the dubious honour of having received the most warnings?
Can’t believe this scam is still limping along.
‘Danoslifestyle’ aka Dano cashfx aka Don Cioe Instagram went to private setting.
Not smart showing ( of ) your luxury apartment building including adress while scamming the shit out of people.
Arrogant cashfx scammer living it up in Bangkok.
Thailand isn’t safe for scammers like Dano Cioe anymore… he should know by now!
All those cryptoyoutubers like Mathew Coleman @MattyCrypto calling CFX the most transparent and trustworthy platform and shilling their referrals should get done by the FCA or SEC!
That jerk off literally shilled his link to make money and I was dumb enough to follow. I should of learnt from him shilling arbitrage, conlotto and moonberg.
Now CFX is stuck and he is silent about it on telegram. Hard lesson learnt but never again.
Story tellers again…cashfx is real and legit let them keep up their good work, only time will tell.
In the meantime dont pass judgment yet when u dont know the real story or even tomorrow.
CashFX is a real and legit Ponzi scheme. There is no real story. Sorry for your loss.