Woman Arrested in Ties to Creators Alliance Fraud Scheme

A 52-year-old resident of Vide Bouteille, Castries, identified as Electra Fernand, faces formal charges for conducting a virtual asset business unlawfully, tied to the contentious Creators Alliance scheme. This legal action follows an extensive investigation led by the Royal Saint Lucia Police Force’s Major Crimes Unit, with assistance from the Financial Intelligence Authority and additional investigative agencies. Initiated in April 2025, the inquiry unveiled that the Creators Alliance operation was essentially a Ponzi scheme. Authorities reported that numerous local merchants acted as unauthorized agents for the platform, facilitating online financial transactions. During the investigation, several suspects were apprehended at various locations and had their electronic devices confiscated, though they were later released pending further investigation. Fernand was arrested on September 29, 2025, for operating a licensed virtual asset business, with 118 individuals investing funds through her account. While only 35 received any returns, Fernand was subsequently charged and granted bail of EC $7,000.00. She is expected in court on November 12, 2025, for case management.