Justice ministry officials elaborated on the complaint against Eddy Alexandre and outlined one of the product frauds as a leader in the cryptocurrency and forex trading platform EminiFX.
“Eddie Alexandre is said to have led clients to invest more than $ 59 million, promising huge passive income profits through his own proprietary trading platform called EminiFx.” Damian Williams, United States Attorney for the Southern District of New York, said. “In reality, no such technology existed. Alexandre is said to have invested most of their money and lost most of it, and most of it in their personal accounts. Transferred and paid for luxury goods. Like other financial markets, foreign exchange offers high return potential, but investors are aware of the downside risks of false claims. , Often you need to get a quick scheme that is not true. ”
The Justice Department says Alexander will double the funds within five months of investing by earning a return on investment of 5% each week for investors to trade using a robo-advisor support account. Claims to have misrepresented.
“As claimed, Alexander used millions of dollars from unknowing investors who” guaranteed “5% revenue each week through his trading platform, using new technology he refused to disclose. We recruited, “said Michael J. Driscol, Assistant Director, Federal Bureau of Investigation, New York Field. “Like many greedy actors before him, he then used a significant portion of the investor’s money he sought to buy expensive luxury goods for himself.”