A felony trial date for EminiFX has been scheduled for March 2023 following a standing convention on August 3.
Till then, plenty of case motions will probably be heard, with the trial date set for March 27. One rely of wire fraud and one rely of commodities fraud have been introduced in opposition to Alexandre. 50-year-old Alexandre might spend as much as 30 years in jail if discovered responsible by a jury.
The potential for a plea discount with a decrease sentence remains to be current. Alexandre has been given authorization to function concurrently with the CFTC’s civil fraud proceedings (staying till the top of the felony course of).
On July 28, Alexandre submitted a movement asking for a modification to the phrases of his present bail. On July 29, the courtroom accredited the movement. The uncontested movement from the defendant is granted.
In an effort to enable the defendant to journey as wanted to work and in reference to job assignments, the defendant’s bail circumstances have been modified from dwelling confinement to dwelling detention. All different bail phrases, such because the prohibition on the defendant working within the monetary sector or doing work involving investments till this matter is resolved and the restrictions on the defendant’s journey to the Southern and Jap Districts of New York, stay in impact.
Keep tuned as we proceed to keep watch over the case docket for updates.