Law enforcement authorities on Tuesday executed a sweeping island-wide crackdown, dismantling what is believed to be one of the largest pyramid investment schemes to hit St. Lucia in recent years. Officers from the Financial Intelligence Authority (FIA) and the Royal St. Lucia Police Force (RSLPF) swooped down on multiple premises, arresting several individuals suspected of masterminding the now-collapsed Creators Alliance scheme, which left thousands of investors across the region facing massive financial losses.
The coordinated operation, conducted on Tuesday, 13th May 2025, was the result of months of painstaking investigations by an inter-agency task force comprising the FIA, the Major Crime Unit of the RSLPF, and the Financial Services Regulatory Authority (FSRA). The probe targeted the suspected pyramid scheme, which is believed to have been operating locally and regionally since as early as June 2024.
Investigators said the scheme unraveled abruptly in March 2025, triggering devastating financial repercussions for countless individuals in St. Lucia and neighboring countries. According to the task force, several breaches of St. Lucia’s financial services legislation were identified, implicating individuals who played pivotal roles in the illicit venture.
Authorities are once again urging members of the public to exercise extreme caution and avoid investing in unregulated financial schemes, including suspected pyramid or “Ponzi” setups, which frequently end in significant financial loss.
The public is also reminded that under Section 126 of the Consumer Protection Act, participation in a pyramid selling scheme is a criminal offence, carrying penalties of up to $5,000 and/or imprisonment for up to two years.
