New York Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

New York Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme

From coindesk.com

A New York man was arrested and charged with fraud on Thursday morning for his role in an alleged crypto investing scheme that the Federal Bureau of Investigation (FBI) says duped investors out of $59 million. Eddy Alexandre, 50, of Valley Stream, N.Y., is the CEO of EminiFX, a cryptocurrency and forex trading platform. Authorities say that, beginning last September, Alexandre founded and ran EminiFX and convinced “hundreds of individual investors” to invest with him. According to Alexandre's social media profiles, he is a cybersecurity engineer with nearly 30 years of experience, most recently as a senior IT ... (full story)

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