CFX Legacy has obtained a securities fraud warning from the Australian Securities and Investments Fee (ASIC).
ASIC added CFX Legacy to its Investor Alert Listing on December twelfth, 2024.
[CFX Legacy] is more likely to offer monetary providers to Australian customers.
It doesn’t maintain an Australian monetary providers licence or Australian credit score licence from ASIC, and isn’t authorised by a licensee.
CFX Legacy popped up on BehindMLM’s radar in August 2023, as a suspected CashFX Group reboot.
CashFX Group being the infamous MLM Ponzi scheme co-founded by Huascar Lopez and Ron Pope
Lopez, a Dominican Republic nationwide, hasn’t been seen in public since Money FX Group collapsed for a second time in late 2021.
Pope, a US nationwide, can be the founder and CEO of Conversion Execs.
When CFX Legacy first surfaced in 2023, Conversion Execs was behind its web site.
CFX Legacy surfacing coincided with an electronic mail despatched out to Money FX Group buyers;
It must be famous that CFX Legacy launched on the area “cfxlegacy.com”. Immediately CFX Legacy’s authentic area throws up fraud warnings in internet browsers.
In August 2024 the UK’s FCA added CFX Legacy to its current CashFX Group fraud warning. The FCA cited CFX Legacy’s authentic area.
ASIC cites the area “cfxlegacy.professional”, privately registered on August seventeenth, 2024.
Makes an attempt to go to “cfxlegacy.professional” now redirect to “cfxlegacy.website”, privately registered on November 2nd, 2024.
CFX Legacy’s present incarnation is ready up as a traditional restoration rip-off, promising CashFX Group victims “fund reimbursement”.
We’re addressing the problems of pending withdrawals right here on our new web site.
If you’re having points logging into your account, kindly click on on the register button under to register your electronic mail, after that, log into your account and comply with the restoration directions in your dashboard to revive your previous funds.
The catch is identical as any restoration rip-off, deposit new funds to whichever scammer is operating the third CashFX Group restoration rip-off.
I can’t say for positive however I think the CashFX Group database has now been bought a number of occasions. Anybody handing over extra money to CFX Legacy is simply racking up extra losses.
As to the unique CashFX Group Ponzi, the final information we heard was the UK abandoning its prison investigation in December 2023. There have been no official regulatory updates since.