EminiFX

EminiFX owner Eddy Alexandre was arrested in New York on May 12th. Later that same day Alexandre made his initial court appearance. Here’s what happened, and what’s next. At Alexandre’s initial appearance, bail was set as per the following conditions: bail was set at $3 million, secured by two homes, a BMW and Mercedes-Benz; Alexandre […]

The court-appointed EminiFX Temporary Receiver has set up a website and made contact with investors. Dave A. Castleman was appointed EminiFX Temporary Receiver, as part of the CFTC’s fraud lawsuit against EminiFX and owner Eddy Alexandre. Castleman works for the law firm Raines Feldman, who have set up a Receivership website to communicate with EminiFX

On May 12th EminiFX founder and CEO Eddy Alexandre was arrested. The bust was part of a joint operation between the DOJ and CFTC. Part of that operation was an FBI sting that began in or around March 2022. In this article we examine how the FBI took down Alexandre and, following his arrest, what

The CFTC has secured injunctive relief against EminiFX and owner Eddy Alexandre. Unsealing of the CFTC’s case today confirms Alexandre is facing both civil and criminal fraud charges. The CFTC’s case against Alexandre was filed under seal on May 10th. Following Alexandre’s arrest on May 11th, the CFTC filed a motion requesting their case be

EminiFX founder and CEO Eddy Alexandre has been arrested for commodities and wire fraud. The DOJ alleges EminiFX was a $59 million dollar Ponzi scheme. As per a May 12th press-release, the DOJ claim ALEXANDRE solicited more than $59 million in investments from hundreds of individual investors after making false representations in connection with the