The EminiFX Receivership has disbursed $76.8 million to victims of Eddy Alexandre’s fraudulent cryptocurrency scheme, as outlined in an April 30, 2025, Status Report. The report projects a total distribution of approximately $100 million, with ongoing payments to eligible claimants as they provide payment details. However, some approved claimants have yet to submit necessary information, delaying their restitution.
Eddy Alexandre’s Obstructing Tactics
Eddy Alexandre, EminiFX’s founder, is serving a nine-year prison sentence after pleading guilty to commodities fraud in February 2023. The scheme defrauded over 25,000 investors, mostly from the Haitian community, of $248 million by promising 5-9.99% weekly returns through a nonexistent “robo-advisor” trading system.
Despite his conviction, Alexandre continues to file frequent motions in the Commodity Futures Trading Commission’s (CFTC) civil case, objecting to proceedings or demanding stays. Courts have dismissed these as “meritless,” “untimely,” and lacking legal basis, with appeals deemed “not taken in good faith.” Alexandre’s roughly 10-15 frivolous filings appear aimed at stalling victim restitution.
Pierre Acluche’s Failed Intervention
Pierre Acluche, an EminiFX investor presumed to be a net-winner (someone who profited from the Ponzi scheme), sought to intervene in the CFTC case to halt restitution efforts, claiming to represent other investors. The court rejected Acluche’s motion, and his subsequent appeal is pending. Such actions mirror Alexandre’s attempts to obstruct the recovery process for victims who lost significant sums.
Expanded Clawback Lawsuit Targets Key Figures
On March 25, 2025, the EminiFX Receiver filed a clawback lawsuit against Clarelle Dieuveuil (aka Marie Dieuveuil or Clarelle Alexandre), Alexandre’s wife and EminiFX’s CFO. The suit alleges Dieuveuil misappropriated over $537,000, including $300,000 in commissions from a preloaded affiliate account and a $200,000 transfer, despite providing no legitimate value to the company. As CFO, she failed to maintain proper accounting records, enabling the Ponzi scheme’s operations.
On May 14, 2025, the Receiver amended the complaint to include John Edvard Maisonneuve and Sophia Maisonneuve (aka Sophia Desrosiers), prominent figures in the scheme. John, pastor of Shekinah Adventist Church in Allentown and Bethlehem French Adventist Church in Reading, Pennsylvania, allegedly collected over $2.1 million in cash from investors at his churches by May 10, 2022. Of the $6 million gathered by the Maisonneuves and other recruiters, only $1 million reached EminiFX’s bank accounts, suggesting significant misappropriation.
Sophia Maisonneuve, described as the “backbone” of the scheme and EminiFX’s “National Senior Vice-President,” operated a top-tier affiliate account without personal investment. She extracted over $300,000 in referral commissions and received a $200,000 payment, separate from her salary, for recruiting investors into the pyramid-like structure. The Receiver alleges she knew or should have known these funds came from investor deposits.
EminiFX’s Fraudulent Operations
EminiFX, active from September 2021 to May 2022, lured investors with promises of guaranteed weekly returns through automated trading. In reality, Alexandre invested only a fraction of the $248 million collected, losing nearly 70% of the $9 million traded. He misdirected $14.7 million to personal accounts, funding luxury purchases like a $155,000 BMW and a $4.8 million Long Island home. The scheme relied on fabricated returns displayed on EminiFX’s website and a multi-level marketing model that rewarded recruitment, targeting vulnerable Haitian Adventist communities through trusted figures like pastors.
Ongoing Recovery Efforts
Receiver David Castleman has recovered $153.7 million, including $90 million from Bitcoin sales, though a premature sell-off in 2022 led to a $17 million loss. The distribution process, approved by Judge Valerie Caproni, continues, with over 20,000 claims filed. Victims like Margarette Dominique, a disabled retiree who lost $22,000, await funds to cover critical expenses. Castleman’s YouTube town halls provide updates, emphasizing that dashboard returns were fictitious and no legitimate investments yielded profits.
Broader Implications
The EminiFX case highlights the dangers of affinity fraud, where trusted community leaders exploit cultural and religious ties. The involvement of figures like the Maisonneuves underscores how Ponzi schemes leverage authority figures to build trust. A separate class-action lawsuit in Florida names over 100 defendants, including Seventh-day Adventist churches and pastors, alleging their complicity.
Investors are urged to verify claims at eminifxreceivership.com and avoid scams promising quick restitution. The SEC and CFTC continue to warn against unregistered platforms promising high returns. For fraud reporting, visit Justice.gov.