Legal

He Was Helping Us’: Investors Cheer CEO Accused of Scamming Them

Crowd at Manhattan courthouse applauds alleged fraudster and denounces prosecutors. ‘Because of EminiFX, I have only one job right now.’

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For Louisiana Francois, who sank $10,000 into what prosecutors say was a Ponzi-like crypto scheme, driving four hours from her home outside Boston to watch the man who allegedly took her money appear in court was an easy call.

But she didn’t go to condemn him. She went to cheer him on.