In 2021 CashFX Group solicited $432 million from gullible buyers, simply shy of half a billion.
In 2022 that quantity has dropped to $112 million.
On a macro stage which may sound salvageable… till you think about that for October 2022, CashFX Group took in lower than 1,000,000 {dollars}.
James, cited because the FaceBook group CashFX (in affiliation with EverFX) Rip-off – Now What!?’s “Bitcoin/Blockchain skilled”, has crunched the CashFX Group pockets numbers.
As shared by group admin Harry Web page on October twenty eighth;
James, our Bitcoin/Blockchain skilled, has revealed beforehand that CFX had $432,464,782.83 of earnings throughout a 9 month interval in 2021….
Complete earnings up to now this yr for a ten month interval is simply $112,122,287.17….
January
$19,257,218.77February
$21,671,493.64March
$20,655,696.82April
$17,082,067.47A small drop. Not an issue for a professional enterprise, however 3 months with out exponential progress is catastrophic for a Ponzi.
Might
$12,299,023.57
Oh expensive.June
$10,119,547.48
Ooops.July
$5,722,344.69
Oh expensive oh expensive.August
$2,031,065.21
Lolz.September
$2,331,930.42
Bravo, a tiny restoration.October
$951,899.10
Don’t panic!!!We at the moment are within the downward Ponzi dying curve for positive.
As of February 2022, CashFX Group’s ROI liabilities exceeded $100 million. The present determine is unknown however anticipated to be exponentially greater.
In associated information, James has additionally pieced collectively cost data to a few of CashFX Group’s high earners:
- Hazel Moore took residence $670,092 throughout 162 transactions between September 2019 and August 2021
- Neil Slinn took residence $507,425 throughout 163 transactions between Might 2020 and July 2022
Slinn was additionally one in every of CashFX Group’s “hush cash” insiders.
Binance is recognized because the processor that enabled CashFX Group to launder over $484 million.
BehindMLM referred to as CashFX Group’s collapse in November 2021.
The Ponzi scheme has been making selective withdrawal funds on and off since then.
Dominican Republic nationwide Huascar Lopez, proprietor of CashFX Group, hasn’t been seen in public since late 2021.
Presumed to be on the very least beneath investigation, Lopez’s present standing is unknown.
For those who’re questioning who on Earth remains to be being recruited into CashFX Group, SimilarWeb tracks high sources of web site visitors because the UK (29%), Australia (8%) and Norway (7%).
