On May 13, officers attached to the Financial Intelligence Authority (FIA) and the Royal Saint Lucia Police Force (RSLPF), conducted an island wide operation involving searches of several premises and the taking into custody of a number of persons suspected of being key participants in the Creators Alliance investment scheme.

The operation marked the culmination of months of investigations by an inter-agency task force comprising the FIA, the Major Crime Unit of the RSLPF and the Financial Services Regulatory Authority (FSRA), into the suspected pyramid investment scheme. The scheme is believed to have been operating both locally and regionally from as early as June 2024.

In March 2025, the scheme ended abruptly resulting in substantial financial losses for thousands of investors in Saint Lucia and across the region.

The inter agency task force identified a number of breaches relating to Saint Lucia’s financial services legislation by individuals who played a key role in the venture.

Members of the public are again advised to exercise prudence and to avoid investing in unregulated or suspected pyramid or “Ponzi” schemes which generally result in financial losses for the investors.

The public is also reminded of section 126 of the Consumer Protection Act, which makes the participation in a “pyramid selling scheme” a criminal offence with fines of up to $5000 and or imprisonment for up to 2 years.