CashFX Group securities fraud warning in Manitoba, Canada

CashFX Group has obtained a securities fraud warning from the Manitoba Securities Fee.

As per the MSC’s March third alert (click on the “investor cautions” tab in case you’re visiting the hyperlink);

Money FX, Money FX Group S.A., CFX, and cashfxgroup .com usually are not (and by no means have been) registered in Manitoba to have interaction within the enterprise of buying and selling securities or advising anybody with respect to investing in, shopping for, or promoting securities.

Manitoba is the fourth Canadian province to subject a CashFX Group securities fraud warning.

Over the previous few months Sasktchewan, Quebec and British Columbia have all issued comparable warnings. Quebec went as far as so as to add CashFX Group it’s checklist of unlawful funding firms.

Undermining the efforts of Canadian monetary regulators nonetheless is high CashFX promoter Luigi Bruni.

Bruni brazenly promotes CashFX Group from Montreal, Quebec.

Having recognized securities fraud, Canadian authorities are but to truly do something to curb Bruni’s flouting of the regulation.

Along with Canada, CashFX Group has obtained securities fraud warnings from Norway, the Bahamas and Panama.

Alexa at present ranks the highest sources of visitors to CashFX Group’s web site because the UK, the US and Nigeria.


Replace fifth March 2021 – The Manitoba Securities Fee’s web site is a bit wonky, it’s important to click on the “investor cautions” tab on the supplied hyperlink.

Over time the CashFX Group fraud discover will likely be buried, so I’ve included a screenshot of it beneath:

Because of the reader who wrote in with the suggestion (and likewise let me know I spelt Manitoba unsuitable!).