Overview

• U.S. District Judge Valerie Caproni granted summary judgment holding Eddy Alexandre and EminiFX jointly liable for $228,576,962 in restitution and $15,049,500 in disgorgement, with disgorgement to be offset by restitution payments.
• Authorities say EminiFX lured more than 25,000 people with promises of 5% to 9.99% weekly returns from a so‑called Robo‑Advisor that never existed.
• Investigators determined the platform lost money in most weeks of operation and that reported performance figures were fabricated.
• Alexandre siphoned at least $15 million for personal expenses, including luxury cars, credit card bills, and cash withdrawals.
• In a parallel criminal case, Alexandre pleaded guilty and received a nine‑year federal sentence with a separate restitution order, while a court‑appointed receiver began distributing recovered funds in January 2025.