EminiFX Founder Alexandre Sentenced to 9 Years in Prison for $14.7 Million Embezzlement

The founder and manager of EminiFX Eddy Alexandre has been handed a 9-year prison sentence by the New York District Court in the USA. Alexandre had amassed a total of $248 million from clients. He was found guilty of stealing $14.7 million from this amount . Alexandre’s case received a lot of attention due to his extravagant promises of weekly returns of up to 10 percent which made him gain a large number of supporters.

Support from Around the World and a Harsh Reality

During Alexandre’s initial hearing last year his courtroom was filled with hundreds of supporters some of them even being France and Canada. These people had placed their trust and investments in Alexandre’s promises. However as Alexandre’s investments began to weaken and losses mounted he found himself unable to fulfill his commitments which led to the collapse of his system .