The months-long investigation into the alleged Creators Alliance Ponzi scheme has reached a critical point, with authorities confirming the arrest and charging of a key figure.
The Major Crimes Unit, in collaboration with the Financial Intelligence Authority (FIA) and other specialized units, launched the probe in April 2025 after uncovering that Creators Alliance was operating as an unregulated online investment scheme. Multiple raids were conducted at suspected agent locations, leading to detentions and the seizure of electronic devices as part of the wide-ranging inquiry.
On Monday, September 29, 2025, investigators arrested Electra Fernand on suspicion of orchestrating the operation. Detectives revealed that at least 118 people had deposited money into the scheme’s accounts, but only 35 received any returns. Fernand has since been formally charged with operating a virtual asset business without a license. She was granted bail in the sum of $7,000 cash or suitable surety and is scheduled to appear in court for case management on November 12, 2025.
Authorities have once again urged the public to exercise extreme caution when considering online investment opportunities. They emphasized that under Section 126 of the Consumer Protection Act, participation in pyramid selling schemes is a criminal offence punishable by fines of up to $5,000 or imprisonment of up to two years.
In a parallel effort, the Royal Saint Lucia Police Force (RSLPF) and the Financial Intelligence Authority are moving to tighten the legal and enforcement framework against financial crimes. Superintendent Troy Lamontagne confirmed that both agencies recently reaffirmed their commitment to aggressively pursue proceeds-of-crime matters and enhance intelligence sharing.
“A decision was also taken to review and make recommendations to amend key provisions of the Proceeds of Crime Act to allow for more efficient use of civil recovery provisions,” Lamontagne stated. He added that joint operations and investigations will be prioritized to strengthen Saint Lucia’s financial crime defenses.
Authorities are encouraging citizens to remain vigilant and to report suspicious activities that could expose vulnerable communities to financial exploitation.
