The British Columbia Securities Fee has issued a securities fraud warning towards CashFX Group.
As per the BCSC’s November tenth warning;
CFX claims to be based mostly in Panama, and it claims to supply foreign currency trading providers by its on-line portal.
We’re conscious that CFX accepts British Columbia (BC) residents as purchasers.
CFX just isn’t registered to commerce in, or advise on, securities or derivatives in BC.
We urge BC residents to train warning when coping with corporations that aren’t registered to commerce or advise in BC.
A securities fraud warning from Canada is important owing to Luigi Bruni, one among CashFX Group’s prime promoters, residing in Montreal, Quebec.
On December sixth Bruni (under left), boasted of CashFX Group proprietor Huascar Lopez rewarding him with a Rolex watch.
Whether or not authorities in Quebec comply with the British Columbia Securities Fee’s lead stays to be seen.
Thus far CashFX Group has acquired regulatory warnings within the UK, Norway, Panama and the Bahamas.