Crowd at Manhattan courthouse applauds alleged fraudster and denounces prosecutors. ‘Because of EminiFX, I have only one job right now.’
For Louisiana Francois, who sank $10,000 into what prosecutors say was a Ponzi-like crypto scheme, driving four hours from her home outside Boston to watch the man who allegedly took her money appear in court was an easy call.
But she didn’t go to condemn him. She went to cheer him on.
“I’m standing with Eddy Alexandre, because he was helping us,” Francois said. “As a nurse, I used to have two jobs. Because of EminiFX, I have only one job right now.”
EminiFX was the platform Alexandre marketed as a crypto and foreign currency exchange based on a unique proprietary technology. Federal authorities say that technology was smoke and mirrors and that Alexandre scammed hundreds of clients out of at least $59 million, luring them with “promises of huge passive income returns.”
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