The long-running exit fraud following the demise of CashFX Group continues.
Top investor accounts have recently been cancelled. The crooks who hold the accounts are distraught over their “losses.”
Tanya Jennings mistakenly “leaked” CashFX Group’s reshuffling of investor cash in one of her now-deleted marketing films.
Jennings is a prominent CashFX Group promoter in Australia. She works at James Curtis’s back office.
Curtis is a leading CashFX Group promoter from the United Kingdom.
Curtis and Jennings are suspected of earning hundreds of thousands of dollars by recruiting CashFX Group victims.
James joined Cash FX in late February 2020, purchasing a $500 bundle, and has not invested a single penny more since.
Within 15 months, his $500 pack had grown to a $100,000 pack, and he is now producing a large income from both the trading and business sides (recruiting).
Curtis wrote this to his CashFX Group victims in response to his firing;
Like most of you, I joined CFX because it appeared to be a real and legitimate business.
The first year appeared to be quite excellent, with no apparent withdrawal problems.
However, as most of you are aware, this is no longer the case, with many individuals now having to wait up to 12 months for a withdrawal.
I just wanted to let everyone know that I am no longer with CFX.
CFX is furious and… People’s accounts have been suspended for no reason, with baseless charges of cross pitching.
Tanya and I were both kicked off the Dictator’s Chat last week as a result of these claims!
Tanya notified me this week that the corporation had removed $144,034 from her amount in her $100,000 account and that her account had been banned.
The next day, I got into my own account and saw that the firm had removed $228,000 from my balance, and my $100k account had been stopped.
We both sent messages directly to Huascar Lopez, CEO of Cash FX Group, through Telegram chat, asking an explanation.
Our messages have been read, but we have received no reaction or official contact from the firm.
Even as I write this, I have had no response from the firm, which is not surprising given that the company never seems to communicate with any of its members. This is revolting to me!
Tanya and I were owed over $1 million in withdrawals, which have now been returned to the firm, with CFX already unlawfully removing $372,034 from both of our accounts without our consent, despite the fact that we are bound by a contract with the company, which they have breached.
This sum is little in comparison to what may now be worth more than a billion dollars due to the approximately 400,000 CFX subscribers.
Unfortunately, many people have wasted their life savings to buy a “trade pack” and were sold a ticket to the promised land of financial independence.
As a result, legal action will be taken against CFX, and a liquidation order will be issued, because they breached these contracts with no documentation, no written correspondence from corporate, and certainly no justifiable explanation.
I’d also want to point out that, legally, a firm cannot tell its members what they can and cannot do outside of the company because we are not CFX employees.
There are many of you in the team who are really upset while waiting for withdrawals; some of you have been waiting for as long as a year!
To my astonishment, I recently learned that the Presidents and above in CFX are really paid on a monthly basis, which explains why most Presidents and above have stayed so calm despite the withdrawal delays.
This is extremely unethical and terrible to hear, especially given how many team members are hurting financially and haven’t been paid in a long time.
Not to mention that the firm has yet to present any audited records to establish that it is truly trading, which is a legal necessity.
I wish you the best of luck and prosperity… I hope you are able to obtain part of your money back from CFX.
My whole crew and future earnings have now neatly rolled up to Justin Halladay to reap the benefits of my and your hard work.
This group will be closed within the next 24 to 48 hours.
Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme Ponzi scheme You despise seeing it.
Make no mistake, Curtis, who claims to have been in MLM for “over 30 years,” knew CashFX Group was a Ponzi scam from the day he joined.
Curtis was well aware that CashFX Group was a Ponzi scam since he had attracted hundreds of people into it. And he’s still refusing to recognize it’s a Ponzi scam, even as he and Jennings are cut off from fictitious backoffice funds.
Nobody is going to court for stolen monopoly money sums in a Ponzi scheme, certainly.
Anyone who is currently involved with CashFX Group is aware that the Ponzi scam crashed around November 2021. Top investors like Curtis and Jennings claimed everything was normal at first.
As the months and explanations passed, CashFX Group’s top recruiters fell silent and began to distance themselves from the Ponzi scam.
This resulted in Luigi Bruni’s tumultuous divorce from Justin Halladay. Bruni and Halladay had stolen millions as joint beneficiaries of the top non-admin CashFX Group investment position.
Bruni is accused of being disconnected after promoting other MLM offers, one of which is a Ponzi scam, according to BehindMLM. The other is an MLM trading opportunity that is practicing securities fraud.
Bruni is hard at work directing CashFX Group investors to 8 Minute Trader. Curtis and Jennings’ CashFX Group accounts were suspended as a result of the same behavior.
CashFX Group looks to be divided into two groups at the moment. Those who have followed Bruni into 8 Minute Trader and other frauds, as well as those who believe CashFX Group would pluck millions of dollars out of thin air to settle ROI amounts that do not exist.
Bruni’s involvement in funneling CashFX Group fraudsters into 8 Minute Trader is intriguing. The risk that parent firm Youngevity is taking with its established MLM operation cannot be overstated.
After reviewing 8 Minute Trader, BehindMLM can affirm that it is not a Ponzi scam. The standard prerequisites for an MLM opportunity to qualify as securities fraud are also missing; the current offering lacks an automated trading component.
However, there are several sorts of securities fraud, and Youngevity seemed unconcerned.
Shills on YouTube decrease the ROI plan of 8 Minute Trader to “62% in 8 minutes” or “daily 1% to 10%”:
These are at the very least potential breaches of Section 5 of the FTC Act, which covers false or unfair earnings promises.
If Sal Leto’s signals bot causes widespread losses for the majority of 8 Minute Trader customers, Youngevity is unlikely to recover.
It takes a lot of faith to place your trust in someone with links to OneCoin, maybe the most renowned MLM Ponzi fraud of all time. With Bruni and other Ponzi schemers involved, the stakes are tremendous.
While you may hire a dentist to polish and whiten your teeth, removing a Ponzi scammer’s greed is significantly more difficult.
Bruni’s reputation has been based on defrauding people through Ponzi schemes, therefore in addition to 8 Minute Trader, we have Alya Finance, EnviFX, and Automated Capital.
Alya Finance is your standard MLM cryptocurrency shitcoin Ponzi scam. Envi FX and Automated Capital are US-based companies that engage in securities fraud.
As with probable securities legislation and FTC Act breaches, Youngevity appears unconcerned that its 8 Minute Trader associates are also advertising frauds.
On Justin Halladay’s side of CashFX Group, you have a top earner who is aware that CashFX Group is dead but continues to participate.
Halladay left the CashFX Group bandwagon in early to mid-2021, although continuing to accept stolen investor monies.
I’m not sure what the financial agreement between Halladay and Huascar Lopez is/was, but he did relocate his family to the Dominican Republic at one time.
Halladay has now returned to the United States with his family.
Following the demise of CashFX Group, Halladay has begun to look for alternative sources of income.
Unlike Bruni, Halladay began this much earlier.
Halladay has been promoting different NFT frauds for the greater part of a year:
He accomplishes this with NFTAddictz.
Halladay presently has 863 useless NFTs in his NFTAddictz wallet.
The next NFTAddictz swindle is a shady metaverse scheme:
Justin Halladay’s team is developing five games in which gamers may earn cash.
“One of them is known as the Crypto Casino,” Halladay explains.
“We’re creating a casino that you’ll be able to play in Minecraft.” If you enjoy traveling to casinos, you’ll be able to win tokens by playing slots, blackjack, and roulette.”
Tokens are crypto currency that may be used to purchase special experiences and material, as well as bespoke character NFTs and other content and bonuses.
“People will be able to play our games and create crypto currencies when they achieve specific levels,” Halladay explains. That one has piqued my interest.”
Microsoft-owned Mojang Studios removed NFTs and blockchain from Minecraft last month. Whatever Halladay’s most recent ruse is, it has nothing to do with Minecraft.
Also, given that Minecraft is essentially a children’s game, Halladay’s desire to incorporate a genuine crypto casino into it is extremely troubling.
When comparing Halladay’s and Bruni’s behavior, Huascar Lopez looks to have put a line in the sand with MLM chances.
That is, because CashFX Group had failed, Bruni and Halladay were free to promote new frauds as long as they were not MLM.
While Bruni has left, Halladay appears to be staying as long as he is paid off.
Otherwise, it makes no sense to stay with a defunct Ponzi scheme that you ceased actively marketing over a year ago.
Whatever the agreement is, it has caused Halladay to have a mid-life crisis.
He’s spent the last year purchasing toys, getting tattooed, and posting religious content on social media.
After defrauding millions via Ponzi schemes, Halladay appears to believe that paying lip respect to God is the path to redemption.
Cleaning one’s spirit, unlike Luigi Bruni’s decaying teeth, is not that straightforward. And, to the extent that Halladay isn’t saturated in religious hypocrisy, he’s well aware of it.
On Halladay’s Facebook timeline, you won’t see Exodus 20:15, “Thou Shalt Not Steal.”
According to CashFX Group CEO Huascar Lopez, what began as a holiday to Italy has now revealed itself to be the beginnings of an exit-scam.
CashFX Group’s most recent public business event occurred in November, shortly after they disabled withdrawals for the first time.
Lopez has not been seen in public for some months. His present whereabouts and condition are unknown.