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SEC Stops Alleged Ponzi Scheme From George Theodule That Targeted Haitian Americans In Florida

“The SEC alleged that Creative Capital and its principal, George Theodule, launched a scheme as early as November 2007 urging investors to form investment clubs to funnel funds to Theodule and Creative Capital. The SEC alleged Theodule has lost at least $18 million trading stocks and options over the last year and that Creative Capital repaid early investors with money from later investors.” [Link]

the guy is a crook,being in jail for fraud ,steeling,embelzelment you name it ,he had done it.

tlanta. They need to be stopped to prevent them from hurting anymore innocent people.

how did he do it? What was it called?