The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]
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12/31/2008
Ponzi-Watch Continues
Ponzi-Watch Continues
Meet George Theodule, recently sued by the SEC. If you're of Hatian extraction and living in Florida, Mr. Theodule would very much like to have you money - the fewer questions asked the better. Given the chance he'll double it for you in 90 days.
The SEC has stepped in at this point to curtail Mr. Theodule's ponzitraneurship, but not before he suckered thousands of investors and made off with around $20 million. His assets frozen, his ass in a sling, it looks like 2009 is not shaping up to be a good year for Theodule.
And the beat rolls on.
-- MDT
The SEC has stepped in at this point to curtail Mr. Theodule's ponzitraneurship, but not before he suckered thousands of investors and made off with around $20 million. His assets frozen, his ass in a sling, it looks like 2009 is not shaping up to be a good year for Theodule.
And the beat rolls on.
-- MDT
Labels: Creative Capital Consortium, George Theodule, ponzi
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