CashFX Group’s Justin Halladay has fled the US for the Dominican Republic.

Halladay holds the highest CashFX Group funding place together with his companion in crime Luigi Bruni. His fleeing the US is one other signal CashFX Group is on its final legs.

As recruitment plummets and cash to steal runs dry, CashFX Group has stumbled from one catastrophe to a different.

In an try and delay the inevitable collapse, CashFX Group has been periodically disabling withdrawals all 12 months.

KYC was then launched in an try and additional restrict withdrawals. After studying the shell firm it was offering KYC companies to was CashFX Group nonetheless, the corporate offering the service lower CashFX Group off.

CashFX Group has not but been capable of finding another service supplier to take them on. This has seen the Ponzi scheme chill its KYC roll out.

None of this bothers Justin Halladay, who isn’t above rubbing in how he’s spending his sufferer’s cash:

CashFX Group has knowledgeable victims their funding positions will probably be terminated in the event that they complain.

Formally Alexa ranks the US because the third highest supply of visitors to CashFX Group’s web site. Unofficially that determine is probably going a lot bigger, owing to the widespread promotion of VPNs by CashFX Group’s leaders.

Earlier than leaping ship for CashFX Group, Halladay once more scammed what’s believed to be a substantial sum from Cloud Token victims.

Cloud Token collapsed in late 2019. Complete sufferer losses are unknown.

Along with Luigi Bruni, since 2019 Halladay is believed to have stolen tens of millions from CashFX Group victims.

If Halladay uprooting his household and fleeing the US in April was an try and dodge US authorities, which may not work out. The Dominican Republic has had an extradition settlement with the US since 1909.

Based mostly on latest social media postings Halladay is hiding out in Las Terranas, situated within the Dominican Republic’s north-east.

To this point authorities within the Dominican Republic have didn’t take motion towards Huascar Lopez and CashFX Group. Elsewhere CashFX Group has acquired securities fraud warnings in fifteen jurisdictions.

Whereas skimming what’s left by his high CashFX Group place, Halladay promotes numerous shitcoin and NFT scams in his non-public Fb group, “CryptoCopyCats”.