Who Is Eddy Alexandre? Eminifx CEO Arrested Over Fraudulent Scheme

Eddy Alexandre is the founder and CEO of EminiFX, a cryptocurrency, and foreign exchange trading platform.

He has approximately 30 years of expertise in cybersecurity, most recently as a senior IT professional at WarnerMedia.

According to US Attorney Damian Williams, the CEO of EminiFX, a claimed cryptocurrency and forex trading platform, has been charged with commodities fraud and wire fraud.

Alexandre promised investors that he could double their money in five months by using proprietary Robo-advising technology to achieve 5% weekly returns.

Authorities claim Alexandre failed to invest the “great majority of investor funds given to him” and suffered losses on the small amount of money he invested.

Been Arrested For Over $59 Million In Crypto Fraud And Money Laundering

After making misleading promises in connection with the EminiFX trading platform, Alexandre solicited more than $59 million in contributions from hundreds of individuals.

On Thursday, May 12, 2022, he was arrested and will appear in court.

Alexandre managed EminiFX, a claimed investment platform he developed, from September 2021 to May 2022, according to authorities, and sought financing from hundreds of investors.

He is charged with pitching the company as an investing platform where investors may earn passive income through automated bitcoin and foreign exchange trading.

Alexandre allegedly lost more than $6 million in the funds he invested throughout his time running the scheme, which he did not disclose.

Williams said that instead of using investor cash as promised, he diverted at least $14.7 million to his own bank account to live a lavish lifestyle.

Alexandre spent $155,000 of investor cash on a BMW automobile for himself and another $13,000 on car payments, including to Mercedes Benz.

Age & Wiki

Eddy Alexandre is a 50 years old man from Valley Stream NY.

Eddy has not yet been featured on the official Wikipedia bio page.

Eminifx CEO Eddy Alexandre’s actual net worth has not been revealed but it is estimated to linger in tens of millions.

He persuaded his investors that they would be receiving a weekly 5-10% return on their invested sum and also generated a weekly falsified report from the Eminifx network to make them believe that lie.

That’s all about Eddy Alexandre’s fraud update. If you find anything that needs correction, then please leave a comment below. Your feedback is valuable to us.

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