CashFX Group @ BehindMLM

Jojar Dhinsa has publicly denied scamming people through the CashFX Group Ponzi scheme. As shared by Harry Page from the FaceBook group, “CashFX (in association with EverFX) Scam – Now What!?”, Dhinsa appeared on NTV Unscripted on August 19th. NTV markets itself as “the leading Bangladeshi TV channel”. It is broadcast locally across the UK [Continue reading…]

The drawn out exit-scam following CashFX Group’s collapse continues. The latest has seen top investor accounts terminated. The scammers that own the accounts are crying over their “losses”.

Justin Halladay and Luigi Bruni are believed to earn the top earning position in the CashFX Group Ponzi. Having all but disappeared from the company, as CashFX Group continues to promise withdrawals are just around the corner for the better part of a year now, it appears Halladay and Bruni have broken up.

Typically an MLM Ponzi scheme launches with or switches to cryptocurrency to avoid financial regulation. Then there’s CashFX Group who, following two years of ongoing crypto withdrawal problems, have now convinced investors they’ll be paid through a debit card.

CashFX Group scammers in Ireland are running around telling people their Ponzi “alleviates homelessness”. How does a collapsed Ponzi scheme with out of control ROI liabilities help the homeless? Beats me.

Blockchain transactions suggest CashFX Group is making fake selective withdrawal payments to top investors.

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.

Analysis of blockchain transactions has revealed CashFX Group owes $102 million in unpaid withdrawal requests. That amount is increasing by about $14 million a week. The reason behind CashFX Group’s never-ending withdrawal issues? The Ponzi scheme is only bringing in ~$5 million a week.

CashFX Group related transactions are being blocked by the Firi. Firi is a Norwegian cryptocurrency exchange that claims to have over 130,000 clients.

CashFX Group has been declared an illegal business in Italy. As a result CONSOB, Italy’s top financial regulator, has ordered CashFX Group’s website be blocked nationally.