Haitian radio host in Miami arrested for Ponzi scheme

By on Jul, 17 2014 with Comments 0

PonziPhilippe Bourciquot targeted Haitian-Americans who were new to the country and unfamiliar with the financial infrastructure. Though a local radio show and through his church he promised to invest money in the stock market with an 8% monthly return. Instead he used the money to fuel a lavish lifestyle and to pay off previous investors

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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