Nearly five years after federal regulators accused George Theodule of bilking Haitian-Americans out of tens of millions of dollars, the Wellington man is finally facing criminal charges for operating what prosecutors call a massive Ponzi scheme.
Theodule, 52, who pretended to be both a pastor and an investment guru to convince fellow Haitians he could make them rich, has been charged in a 40-count federal indictment with wire fraud, securities fraud and money laundering — charges that could send him to prison for years.
Subscribers get total access to this story, and all our in-depth news, digital editions and exclusive content. Subscribe today, or try a 24-hour or 7-day digital pass.
All Day Access — 24-hour digital pass99¢ for 24 hours
All Week Access – 7-day digital pass$3.99 for 7 days
All Access, All the Time – Print & DigitalView Offers
Post Print Subscriber — I need to register my account for digital access.Access Digital
Registered Post Subscriber — Sign me in.Sign In