EminiFX chief executive Eddy Alexandre is charged in connection with a cryptocurrency and foreign exchange Ponzi scheme that collected more than $59 million from investors. Here is why 11,000 investors signed a petition to support him.
Faithfully, by 2:30 a.m. on Fridays, Frantz Victorin said he received at least a 5 percent return from EminiFX, an online investment platform that said people could get rich investing in cryptocurrency and the foreign exchange markets, also known as forex.
EminiFX chief executive Eddy Alexandre, a fellow Haitian native living in New York, would explain that investors could withdraw their profits and use the money to pay their mortgage, car note or other bills. Or, they could reinvest the returns, Victorin said.
Alexandre, who is also the founder, president and sole owner of EminiFX, was charged in connection with running a Ponzi scheme, according to a complaint filed in the Southern District of New York. The profits people believe they were making...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...