Cryptoknowmics
2023-02-13 07:22:03

EminiFX CEO Pleads Guilty to $248 Million Fraud Scheme

EminiFX CEO Eddy Alexandre has pleaded guilty to commodities fraud and agreed to repay millions of investors whose funds were lost in his “cryptocurrency investment scam.” The United States Department of Justice (DOJ) declared on February 10 that Alexandre submitted a guilty plea to one count of commodities fraud and agreed to forfeit over $248 million. EminiFX CEO Faces A Prison Term of Up To Ten Years In May 2022, Alexandre was taken into custody and charged with participating in EminiFX. At first, he pleaded not guilty, but on February 10, he changed his plea. He faces a maximum prison The post EminiFX CEO Pleads Guilty to $248 Million Fraud Scheme appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.