EminiFX victims have till December 18th. 2023 to file claims by means of a portal arrange by the Receivership.
The portal might be accessed by means of the EminiFX Receivership’s web site.
The bar date was revealed in a Third Quarter Standing Report, filed by the EminiFX Receiver on October twenty seventh.
The EminiFX portal went stay on September twelfth. Since then ~12,000 customers have interacted with it, verifying over $126 million in EminiFX deposits (approx 44% of whole transactions throughout the Ponzi scheme).
As of the top of Q3 2023, the Receiver is sitting on $154 million in recovered funds.
The Receiver notes that curiosity earnings continues to cowl bills, and that the $154.2 million in money underneath administration exceeds the $151.3 million in turned over property (money plus liquidation worth) by almost $3 million.
Additional restoration by way of litigation towards third-parties continues to be explored.
Trying ahead, after the December 18th declare deadline passes and whereas unresolved claims proceed to be handled, the Receivership will ultimately suggest a “distribution plan for courtroom approval”.
EminiFX was a $260 million “foreign currency trading” ruse MLM Ponzi scheme run by Eddy Alexandre.
After pleading responsible to a fraud cost again in February, Alexandre was sentenced to 9 years in jail in July.