Babonneau woman charged with money laundering in Creators Alliance probe
Sophia Pelage-David faces two money laundering counts tied to the collapsed Creators Alliance scheme. The FIA alleges transactions of over $524,000 linked to criminal proceeds.
Second arrest made in Creators Alliance money laundering investigation
A Babonneau woman has been charged with two counts of money laundering linked to the failed Creators Alliance investment scheme, which left thousands of Caribbean investors out of pocket, St. Lucia Times reports.
The Financial Intelligence Authority (FIA) charged Sophia Pelage-David after her arrest on Monday, November 2. She appeared before the First District Court the following day and was granted bail of $13,000 cash or suitable surety. The case has been adjourned to December 10, 2026.
The FIA alleges that between January 23, 2024, and July 4, 2025, Pelage-David conducted financial transactions totalling $524,801.30, believed to represent the proceeds of criminal conduct. A conviction under Section 28(1)(b) of the Money Laundering (Prevention) Act, Cap. 12.20, carries a maximum penalty of a $1 million fine and/or 15 years' imprisonment.
Pelage-David is the second individual to face charges in the FIA's ongoing investigation into money laundering linked to Creators Alliance.
In September, Electra Fernand of Massade, Gros Islet, was charged with seven counts of money laundering involving approximately $1.062 million. Fernand was also among six people charged in May 2025 with operating a virtual asset business without a licence, in contravention of the Virtual Asset Business Act.
Creators Alliance operated locally and regionally from around June 2024 and was identified as a pyramid-style investment scheme. It collapsed abruptly in March 2025, resulting in millions of dollars in reported losses to thousands of investors in Saint Lucia and elsewhere across the Caribbean.
The FIA confirmed that its investigations into money laundering activity associated with the scheme remain ongoing. The authority has urged the public to exercise caution when considering unregulated or unauthorised investment opportunities and to seek independent professional advice to verify their legitimacy.
Source: St Lucia Times