John, schemes like this are illegal in the US and there are a few Americans involved in the establishment / marketing / promotion of CFX. Everfx is the broker who trades and holds the money. Thats all I want you to explain John, not what you think you know about CFX or making money online. If only you read this review earlier, you wouldve known what to expect. theres a web trade tv as they say, cut the crap, thats a chart of trading pairs, can I see how my own funds on everfx is growing from my mt4 or whatever interface everfx is using so I understand oh yeah, its a copy trade system or whatever means? When you calculate the pay out against the members who join it will never add up. There is no trying of anything but rather understanding what they are about and how they work. Those who got in early and have multiple down-lines, believe in it. Have you? Anyone who stood in their way disappeared. As long as they arent operating within the US, they arent scared Rob. Huascar Lopez is 47 years old today because Huascar's birthday is on 10/11/1975. Pablo Lopez enjoyed a breakout season in 2020 and followed it up with another quality campaign in 2021. I use IC Markets for example. Was enjoying all the ride, watch Guests like me win free packs and all. Educational Background The whole MLM business is like you explained unless they have a tangible product. I am guessing you do not relly understand the mathematics of the CFX system because one really does not have to recruit as the company can stop the recruiting system anytime and the system will operate for years with everyone eventually become very rich. Btw, is there some way we can connect privately? Join Facebook to connect with Huascar Lopez and others you may know. This certainly raises questions and concerns for me. Huascar is a graduate from Harvard Business School with an MBA in Entrepreneurship and Innovation, and has been recognized as one of the top 50 entrepreneurs to watch by CNN Money Magazine. Now bringing others into Cash FX Group allows you to make money through the same channels as you would with a multilevel marketing business model. When I joined I started at 2k and was able to withdraw a couple times adding to half of investment. Now if they made say 1% for the day, they give the members 0.8% and they get the cream. Thats great to see that theres still money being paid Dan. No payouts in over 12 months , its done , its a ponzi and its done EverFx deny all knowledge or affiliations to CashFx- a taxi driver and a fraudster every excuse from payments processors , to phase 2, to Mastercard seriously Mastercard getting involved in this .Just because you see figures on a screen increasing every week, go try take it out. Only thing I know no central bank in the country will regulate n licence them due high risk in business. JPMorgan Chase Location 383 Madison Ave, New York City, New York, 10179, United States Description Industry Banking Finance Discover more about JPMorgan Chase Check that out and you can get some ideas. Buy the same pack again, then your playing with house money! I have been waiting since Aug 2021 for withdrawals . Pls advice me of legitimate schemes to make money. Sorry to hear about that, Mike. Thanks for your review, I have takes some sense. Very little due diligence is done by these so called reviewers and I guess they get some for of kickback for their shoddy promotional work under the guise of a review. Wow, Gerald, you have way too much time on your hands. Sist redigert den 31. jul. I am aware that you have received my email in response to Hyperverse and yes maybe this is not the platform to answer on that. Ive seen the weekly payments come into my cfx account, but the numbers regarding the amount of members vs the lack of social media presence does not make sense. In fact, trading is beyond complicated and winning a trade is as good as flipping a coin regardless of your trading knowledge. Its the most affordable and they even offer a free membership that allows you to test drive before you commit to anything. Thecost of buying the pack and the withdrawal charge all go back into the system to pay ALL the commissions. Huascar Lopez is a Jesuit priest and theology professor at the Pontifical Catholic University of Peru. I think they are falling apart. It is important for people to be given options so that they can make an informed decision. Solmax group please let me get your view on them. That higher payout made you quick cash, but in just a year, the business eventually collapsed. Whatever they are called will do anything to stop wealth reaching the masses. Cash FX Group is currently paying, and Im sure thats what a lot of you are concerned about. Huascar Lopez Continued his Way. Why do you guys feel the need to act like you know what youre talking about when you have no clue as to what youre in? huascar lopez background. Where do they make it? So what John is saying makes a lot of sense. This goes to you too, Mr. John Cruz. So if its months or years before the US gives them the okay they will surely have made a huge bundle off of us. There are 80.000 members who have a Trading/education package. Thanks, Teelon and I hope things are going well on your end. Please how is your journey so far with Cashfx, are they still paying or are you still with them? It cant be transparent because you have no proof of what you are alleging. Go Here for related Information. Your investment and earnings are compounded daily (the 8th wonder of the world working for you). https://i.pinimg.com/564x/d7/b3/f4/d7b3f4687ed9ee4d581ef041f59d5412.jpg. Uh oh, thats not good. I appreciate all the reviews that Ive read here in this forum. Get in at the right time and you can make some money but of course, there is always that risk. He is also an investor at VMTurbo Inc. and the Institute for the Future. Cashfx Fraud Warnings: They have over 23 Securities Regulator Fraud Warnings worldwide but, Cashfx is still getting between $8 $10M each and every month. Hi John Now heres the real question. Also being a member, you can learn from their academy how to trade and eventually trade on your own thru EverFX. 10 month track record of generating daily profits averaging 0.5% (9-11% per month). I have people trying to get me to join, I put it off for awhile now. As I write this, on January 1st, 2022, CashFX Group withdrawals are still months behind. Given how many new members join each day (650) usually with a $300-500 package versus what their current daily payouts now given so many people have climbed the trade ladder $50K + . I would check the site registries. The calendar has flipped from April to May, and the Miami Marlins have found themselves in a solid spot in the standings to begin Skip . Meme Club LTD Has Collapsed, memeclub.io | Withdrawals Locked, Fundsz Cease and Desist Order California fundsz.com. The unlucky Atahualpa was quickly captured by the Spanish and held for ransom. Soon after he founded his first business as a tour operator. Owners: Huascar Lopez &. Thats business too. However, it seems like CashFX is still paying, so hopefully, you can make some money in return. and lastly you forgot to mention that the brokers FX everfx are doing the trading have been in business for over 20 years and are licened all over the world. http://www.mirrortradinginternational.co.uk, Payouts are lower (better for sustainability). The trading works, and therefore I believe the system has enough cash flow to stay up for the foreseeable future. Wouldnt they just up their trades and make more money for themselves? [26][27] Lotteritilsynet har ftt et stort antall henvendelser angende selskapet, og har uttalt at det har mange likhetstrekk med ulovlige pyramidespill. Arent they scared of being prosecuted? I trade too. CashFX Implements KYC Initiates Exit Scam Plan, NovatechFX More Signs Ponzi Scheme Is Imploding. Eventually you can just trade thru EverFx on your own. And to answer your question about risk, lets just say that I have been apart of MANY sites like this in the past and I still dabble in some of them. This comp plan is also the same reason why anyone would even tell you about Cash FX Group in the first place. I may just add that I am invested in Mirror Trading International (www.mirrortradinginternational.co.uk) because it ticks all my boxes. Huascar founded CashFx Group with the mission of ending currency conversion headaches for consumers and businesses. For example, one sentence that was in a post regarding Phase II of the company, said Canada and USA to re-open in phase 2. They said were could withdraw in Dec 2020,they then said there is legal case cos. People complained. But CFx during that time didnt stop giving me earning and thats how I started to focus and learn of the company. Those who have yet to make a realised profit on their original investment and struggling to withdraw funds, maybe not so much. So in the long run more people will lose. I traded Forex for about 7 years using MT3 and then MT4 platforms on Oanda and Dukascopy sites and some others about 10 years ago. Here they both are when they sold MLM products together. If I had found a simple way to make myself, and everyone else rich, I would be sharing it with everyone too. From what ur saying any sort of network marketing or MLM business model can not be a support system to an existing proven product. And I havent done anything but research. This means they have total control of your money and there is no transparency on how much of your money is invested or traded. Cryptocurrency and trading is the hottest thing right now though, and thats why youll see them all over the place. I cant say exactly how long this one will last but with a much lower payout percentage, Im sure this will go longer than most. And if theyve put money into anything, you cant help but defend that investment. All the negative reviews so far appear to come from disgruntled ex members and those with either an axe to grind, or an alternative programme to offer. According to his profile, he has traded over one hundred million dollars since focusing on trading in 2016. They give you advice, you sell their products. Huascar Lopez -- Nicaragua. The business model that Cash FX uses is nothing new and trading is nothing but their choice of product/service. Thanks. https://twitter.com/thecfxgroup They would up the stakes and make more money for themselves. But even at that, I still lay it out in this review about how this can still benefit someone who is willing to take the risk. Is There Any Real Trading With Cash FX Group? And is creating a system or model to continuously generate at least 1% a day winning in FOREX trading really impossible? Others named Huascar Lopez. I was referred by a friend who also joined. Depending on whatever packs you purchased will determine how much money you will make. Love your review John. Im ready to work it pls. Like you said small interest equals longevity. Never believed I could fall for their scam after the positive reviews I read about them. pic.twitter.com/9vctWGuJmu, cashfxgroup (@cashfxgroup) April 15, 2020. I have noticed that most Social Network platforms used are locked from free commenting, mostly managed by admins. Ive been apart of them for years and I follow those that are involved. That is a big Red Flag. Im not trying to bash anyone as most of the readers on this blog know that I, myself put money into companies like CFX. JPMorgan Chase is part of the Banking industry, and located in New York, United States. So theyre making a crap load from our money while we all make money too!! That makes zero sense and is why only a seasoned online entrepreneur can understand. Nothing is ever free Steve, lol. Nugen Coin Review Legitimate or Big Crypto Scam? Those didnt fly with the FTC and they eventually got smashed. Hey Cheran, thanks for the comment. Its not the worst decision man so dont worry too much. Have invested money, time and bitcoin into a few platforms myself, made some, totally lost some. Thanks, I joined cashfx 5weeks an 2 days ago on $300 package next friday il be withdrawing $400 profit so im all ready in profit after 6weeks. "We are just here NOT for money, NOT for prosperity. This address is also associated with the name of Sarah Cruz, Vlad Cruz, and three other individuals. At least give people the tools necessary to make better decisions or know what they may be getting into. Previously, Mr. Lopez was a Partner at McKinsey & Company, where he led the firm's Technology practice in LATAM. | Obtn ms informacin sobre la . Huascar Lopez Plant Manager at Dart Container . The main owners are Huascar Lopez and Edwin Abad. I think you were too soft on the review, maybe it is because of the legal implications for not calling it a Ponzi scheme as it should be called. What is IM International? Make no mistake CFX are making a lot of money somewhere but none of that information is available for scrutiny. El Huscar es el segundo blindado ms antiguo del mundo que todava est a flote y el segundo museo ms visitado de Chile. The ports were never closed. He . John, your who would teach others to trade for free argument doesnt hold true imho. USI Tech then imploded when the FTC exposed them as a Ponzi scheme. The fact that they also generate from trading will not change this. The model is the same as Cashfx. The second is a discussion on technology, which I believe is one of the most powerful forces in our economic, social and political lives. Do you trade thanks to what you learned from CFX? This forum / review by John made me understand a little bit more. Sites like this rarely operate from the US, and thats because they usually get slammed by the FTC. Some of the plans worked welluntil they didnt. Ryan XU and Sam lee Amazon and big other companies are exaggerating about Ryan XU and Sam Lee in the blockchain world? Not worth the risk. Atahualpa was the last of the native lords of the mighty Inca Empire, which spanned parts of present-day Peru, Chile, Ecuador, Bolivia, and Colombia.He had just defeated his brother Huascar in a violent civil war when Spanish conquistadors led by Francisco Pizarro arrived in the Andes mountains. CFX claims to make very good returns from trading forex. Cashfx doesnt need to be regulated by FCA because it doesnt do trading. Sometimes Iris goes by various nicknames including Iris Urema and Iris Y Urena. There are just too many things to consider that the final decision is going to be up to you. To start with Cash FX Group, consider spending at least $300. For example I am invested in two sites which pay out similar amounts in daily interest. [12] Det norske nettverket skal ogs ha forgreninger til Sverige. [38], I november 2021 gikk sentralbanksjefen i Den dominikanske republikken ut med en advarsel mot Cash FX Group som han mente var et bedragerikonsept som beklageligvis ble ledet av to dominikanere. Unless you can provide a trade log, YOU ARE NOT TRADING. I find it strange that with 400,000 members, there are only 4000 members on their telegram and only 25,000 subscribers on their YouTube channel, which usually only gets 1000 views per video or less. Ive heard from its members that they stopped paying, so Im curious to know what the status is on CFX. Cash FX is no different but this time they are using trading. That was great and all, but it didnt help with sustainability. There are none of the concerns expressed above. After feigning a vacation to Europe in late 2021, CashFX Group CEO Huascar Lopez hasn't been seen or heard from in public since. There is no 3rd party verification of trading, they are using MT4 and as anyone who is in the Forex Community understands when you plug in tools like MYFXBOOK or FXBLUE they show you how profitable the trading is, it takes 5 mins to set this up, they have been asked but they have not complied, why is this so complicated ? COTP Review Legit 0.3% ROI Every 2 Hours Or Scam? Hi John. The only thing I have an issue with is that people think that its just sharing the opportunity when in all honesty its recruiting. Im not against these sites and I actually favor them more than most, but I am just letting everyone know from my experience. This address is linked to two people, Miranda Batista and Ysidra N Batista. When doing a domain name Whois background check, we found: The domain name "cashfxgroup.com" was registered on 3-4-2019. Why do I say that, because I am. The guy really sweet talk me and I fell for it. Maybe why my investments do not work out so well:) Maybe you can review for some legit or close to it investments. I have joined many of these and I know exactly how they work. 19:28. They are still promising that an office opening is imminent. Every single line in your review is conjecture and a lie which you believe. If $hit hits the fan where in Panama would you go look? Continuing his way, he discovered the passion as an entrepreneur when he came back to his home town to start different business projects forming the experienced in different areas that later on was definitive for achieving other goals; event organizer, entertainment magazine producer and also as a television presenter, among other ventures. And I did it all without using something like Cash FX Group. I have a couple of questions to ask you. Thank you. TONY HETHERINGTON investigates, Cash FX Group Review: 200% to 400% ROI trading bot securities fraud, Cash FX lokker med Rolex, Ferrari eller Lamborghini for verve valutatrading-kunder DNB mistenker ponzi-svindel, Slik fr Cash FX nordmenn til satse sparepengene p valutatrading, Ser ikke spor av firmaene i Brasil - i Volda er de sponsorer, Dmt p nytt i lagmannsretten for Brasil-millioner, Svein Erik Nilsen betalte en bitcoin for mte svindeldmte Jordan Belfort, FI: Cash FX r en fasad och ett misstnkt bedrgeri, Northern Ireland woman Julie-Anne banking on Bitcoin to make her rich, Advarslene hagler mot omstridt selskap - AN ble nektet adgang til mte i Bod, Mystery of the 'billionaire' Jojar Dhinsa behind forex trading group CashFX, Det omstridte selskapet kjrte mte i Bod: Jeg ville holdt meg unna, Entity that is not authorised to carry out any financial activity under the supervision of Banco de Portugal: Cash FX Group, Commission Gives New Warning To Bahamians, MLM company Cash FX Group is accused of being a pyramid scheme, UK FCA warns against several unauthorised companies, Warning on Unauthorised Firm Cash FX Group, Flere p Romerike har latt seg friste advarer mot det de tror kan vre et ulovlig pyramidespill, Forbrukertilsynet slutter seg til Finanstilsynets og Lotteritilsynets advarsel mot selskapet Cash FX Group, DN: Finanstilsynet og DNB advarer mot Cash FX, Lotteritilsynet: Ftt flere henvendelser om Cash FX Group, Tipser en venn deg om Cash FX br varsellamper blinke, Hvis Ingrid (25) ringer deg, kan du ha gtt i fella, Advarer mot selskap med pyramideliknende struktur: Jeg nsker ikke at folk p Helgeland skal bli lurt, CashFX Group hasnt paid in a month, threatens termination, CashFX Group using KYC to continue not paying withdrawals, CashFX Groups dodgy KYC shell merchant busted, CashFX Group pauses KYC after Basis ID disaster launch, Beware of cryptocurrency fraud: Dominican official, Full brems i nettverksselskapet Cash FX medlemmer sier de har ventet mer enn to mneder p utbetalinger, Abusive financial services: CONSOB blacks out 7 abusive websites, Norsk kryptoplattform har advart hundrevis av kunder etter transaksjoner til det omstridte nettverksselskapet Cash FX, Lotteritilsynet, Finanstilsynet og Forbrukertilsynet advarer mot Cash FX, https://no.wikipedia.org/w/index.php?title=Cash_FX_Group&oldid=22792726. MTI does pay very, very slowly, so thats their strategy to keep things going for a while. Thanks so much for your review. Its mostly a timing issue when at it. With such a slow rate of paying (one point whatever percent) the system is able to maintain a steady stream of payments to its members. not sharing profits of everyone coming in. View Huascar Lopez Betances's record in Ashburn, VA including current phone number, address, relatives, background check report, and property record with Whitepages. [7] I Norge skal det vre flere tusen medlemmer. They have no licence to trade and as you said, if the traders were really making that return on trading, they would keep putting in their own money instead of giving it to others. [13], Det har blitt hevdet at selskapet har flere hundre tusen medlemmer. No public trade book with public trades money. Some refer to it as a Pyramid scheme due to its structure. All you have done here is build your review around your imagined conjectures and assumptions. Dad, entrepreneur, and trying golfer, with a huge passion for helping others achieve success on the internet. I get the satisfaction of knowing others understand what it is they are putting their money into before they make any kind of investments. Sometimes companies will allow you to use your preferred broker or use their broker as they receive commissions from the broker. Do you have a link to that site though? CEO Huascar Lopez refers to himself as an industry leader in network marketing with no project or links to point at as former roles before CashFx. How is that profit shared? I would rather someone educate people to what the possibilities are rather than just allowing people to possibly be blindsided. Enjoyed your article and your conclusions are very valid. Why keep it. I would love this to be a sure foot investment, but know how difficult it is to get returns from trading. May be even closer to 2 yrs. Youre correct in saying no rich person shares their secret, but all rich have one thing in common :OPM(other peoples money). How could they (everfx) possibly partnered with a fraud company if they will put their name and dignity at stake? [40], I februar 2022 erklrte italienske myndigheter at Cash FX Group var forbudt i landet, og blokkerte tilgangen til selskapets nettsted. Hey Mr John tell me whats your take on Bitcoin Of course, every company has its pros and cons, and Cash FX Group is no different. With the exception of people arent that nice. I think I did a great job at not calling them out for what they really are, so appreciate how nice I was (lol). Personal experience? As long as newer members are coming in, the system will be able to pay its members. We are excited to be able to celebrate this special occasion with you! And for the CFX CEO, Huascar Lopez, did he ever involved in a fraud business? Always say what they do and do what they say. This is very common practice with sites like this and its a no-brainer to share your link with others. Is that a problem Ricardo? The purpose of this talk is to make people think about their own life and where it is heading in the future.